Let's talk some hard truths today —
The stories of sudden wealth you see are all bait, and the market analyses you come across are just smoke screens from manipulators!
In this circle, 90% of the information is noise, secondhand news, various interpretations, bizarre viewpoints, motivational quotes, myths of getting rich…
If you believe in these things to make money, even a pig could climb a tree!
It's common for project teams to run away, and in a bear market, all sorts of bizarre things can happen.
Trading cryptocurrencies is just like living; less showboating, more real skills, and you'll go far.
The internet is a mixed bag, and the crypto space is filled with all kinds of characters. Don't believe everything, including me!
Independent thinking and independent judgment are the only rules for surviving in this circle!
Don't be a victim; be a hunter! Do your own research, analyze yourself, and make your own decisions!
🔥 Current Market Guide (2025 Passive Income Edition)
$BTC : After breaking the historical high of 124500 yesterday morning, it retraced in the evening due to the impact of the US PPI data, and altcoins followed with a sharp drop.
$BNB : It performed well during the day yesterday, but retraced in the evening following Bitcoin, though it quickly recovered, outperforming Bitcoin and is one of the few coins that finished up.
$ETH : Encountered resistance at the 4800 mark and retraced, about to reach a historical high; altcoins are extremely weak, and the main market hasn't fallen much, yet the altcoins are crashing again.
Some important news from yesterday:
1. US Treasury Secretary Yellen: (Regarding cryptocurrency reserves) will not purchase, will use seized assets.
2. El Salvador bought Bitcoin, showing an unrealized profit of $66 million, with a return of 115%.
3. Bitcoin's market capitalization surpasses Google, rising to the fifth position in global asset market capitalization.
Back to today's daily BTC technical analysis, from the K-line perspective, the 1-hour level is set to rise, the 4-hour level is falling, the 12-hour level is falling, and the daily level may fall, with intraday resistance at 121500 and support at 115000 USD.
Disclaimer: Personal trading diary, not investment advice! This article comes with a 50% counter-indicator buff; don't blame me if the market goes against you #美国7月PPI年率高于预期 #BNB创新高
