8.18 Cryptocurrency Major Events, Those Who Understand Are Quietly Strategizing!
Today the cryptocurrency market is simply an exhilarating adventure, with various hotspots coming in fast. Are you keeping up with the pace?
Bitcoin's Trend is Mysterious
Bitcoin opened with a bang on this week's K-line, showing some downward pressure with slight volume correction, and the rebound strength is lacking. It feels like standing on the edge of a cliff; if it doesn't recover above 116, the trend could become dangerous. Once the structure deteriorates, the future could be grim. Recently, market sentiment has been completely swayed by the Federal Reserve's every move and key economic data, and everyone is holding their breath for the new direction.
Ethereum Holds Secrets
Ethereum is still in the descending continuation state I mentioned yesterday. Interestingly, Treasury companies continue to increase their holdings. Don’t panic! The downside space is limited, with 4100 - 4200 being a potential demand zone. This might be a good opportunity to buy the dip; it just depends on whether you dare to seize it.
Altcoins Rising
Bitcoin's market cap share has decreased by 0.38%, now at just 59.4%, while the altcoin index has soared to 48. Is a comeback on the horizon? It seems funds are starting to flow into altcoins, and a new wave of wealth might be on the way.
Big Shots Speak, Bitcoin's Strategic Position is Highlighted
Tom Lee's evaluation of the crypto reserve policy is like a deep-sea bomb. He stated that Bitcoin's strategic reserve could ensure the U.S. maintains a dominant position in future digital transformation. What kind of grand game is hidden behind this? Is Bitcoin really set to become the gold of the digital age?
LINK Soars by 13%
LINK has surged over 13% in 24 hours, this increase is insane! It is speculated that this could be the result of the LINK reserve plan and on-chain fund inflows working together. Friends holding LINK must be thrilled, and those who haven't entered the market are itching to jump in.
Stablecoin Migration
In the past week, stablecoins have seen a massive inflow of $5.29 billion, with USDT inflowing $2.122 billion and USDC inflowing $2.926 billion, bringing the total to $237.378 billion. What does this huge flow of funds signify? Is it the calm before the storm, or the prelude to a bull market?
The cryptocurrency landscape is ever-changing; every piece of news may hold the key to wealth, and every fluctuation hides opportunities. Follow me for real-time insights into the latest developments in the crypto world and seize every chance to get rich! #BTC #ETH #sol #加密市场回调 #币安Alpha上新