Why are they masters? That is the result of thousands of trials and tribulations. How much time, energy and cost have you spent on learning how to trade? If you have spent nothing or very little, then don't ask why others can get results but you can't. I practiced trading for more than eight hours a day. It took two hours a day to find targets. I researched four projects at the fastest every day, and sometimes I could only finish one. The whole team researched all the currencies of Binance and OK very clearly, which took more than half a year. Most people would be numb after just one look at the Google spreadsheet. With so much information, we think the basic information is clear at a glance. Next, we will study the K-line pattern, market maker methods, project structure and operation. This is also the reason why currencies are not shared often. The reason is simple. Olympic gold medalists only have a few minutes or one chance to go on stage, but they have studied and practiced hard for more than ten years! When you see people sharing coins, your cognition is not at the same frequency and level as theirs, and you can't even tell whether the person sharing is an expert or not. So many people often suffer a lot in this regard. They call it paying a lot of tuition fees, but in fact, they have wasted their hard-earned money. They wanted to change their fate in the coin circle, but ended up becoming fuel for others.
Learning is important, and practice is more important. There is a gap in the middle that needs to be crossed. It is very difficult to integrate knowledge and practice.
My confidence comes from the fact that the entire team has been deeply involved in the coin circle for many years and has experienced the trials and tribulations of the coin circle, and the confidence brought by continuous learning and practice. That's why I say that each coin has its own temper, because in my heart they are not just a string of letters but people with life and feelings.
Only when it is late at night and everyone is asleep can you calm down. The live broadcast during this period has touched me deeply and made me more determined to continue the training and education in the cryptocurrency circle. At the beginning, my friend said that you have such a high degree, such a good experience, and you can stand up after two ups and downs. Why don’t you do training and education? When we entered the cryptocurrency circle, we wanted to find a place to learn, but there was no place. It was all about fomo, cx, and getting rich overnight. K-line technology can be learned from stocks, but it needs to be transformed into the cryptocurrency circle. Investment research is a dimensionality reduction attack in the secondary level, and there are also on-chain data, strategies, and position management. Share your sad past and the pitfalls of the cryptocurrency circle, so that more people can benefit and avoid detours. A science and engineering man like me doesn’t like to socialize. I like to do research by myself. To put it nicely, it’s called professionalism, and to put it bluntly, it’s called social phobia! I was so nervous when I went to Binance live broadcast that I not only stuttered but also almost said the wrong thing. Later, I tried a few times before I slowly got better. I was like they didn’t know me anyway, and they wouldn’t remember what I said.
1. Project Overview and Development Vision AltLayer is a decentralized platform focused on Rollup-as-a-Service (RaaS), designed to provide plug-and-play Layer2 Rollup deployment capabilities for Web3 applications through a modular architecture.
Its core innovation lies in the concept of 'Restaked Rollups'—adding an extra layer of security, decentralized validation, and governance mechanisms to existing Rollup networks through Restaking technology, thereby achieving a balance between performance and security. AltLayer's mission is to become the 'AWS of the Rollup world', lowering the barriers for development teams to deploy independent Rollups, allowing any project to quickly build its own chain-level scaling solution.
Last night, the big pie broke the previous high, and the upper position can see 128. From the overall trend and data, the probability of a decline in the near future is very high. The support level below is around 120,000.
The ETH whales have started to sell in units of ten thousand, and 4,700 will become the key resistance level for ETH. Only after the whales finish selling and the subsequent buying volume catches up, can ETH possibly surge to 4,800 or even break the previous high.
The Solana ETF has not bought for four consecutive days, and there has been no movement from the treasury, so the pressure level at 237 has not stabilized. We will observe for a few days, and if there is still no inflow volume, the probability of Solana's retracement will increase. There is still space for Dogecoin to reach 0.28.
There are two things that need attention: gold has risen to 4,000, and the U.S. has begun to increase troops in Venezuela while also advancing into the Middle East. The state of advance is somewhat similar to the mobilization of B-2 bombers at that time. If the U.S. starts to take action against Iran, the big pie will definitely fall. Currently, Venezuela and the U.S. are in a standoff, and once action is taken, weapons from Eastern powers may emerge in the jungles of Venezuela. I cannot decide when action will be taken; as soon as action is taken, it will be bearish news.
I looked at the trends of various tracks in the altcoin space: Polkadot's Astr has started to launch, but overall it is still very weak, and the old-school jump coin ACA has also withered. Binance ecosystem coins have started to bounce, led by Cake. The projects invested by Binance have all been struggling. The public chain is generally recovering, with STRK as the representative.
A few days ago, Plume made a big move. I have mentioned this cryptocurrency multiple times in the live stream and articles because I am very familiar with it. Around 0.08, it became a partner of Circle, which means it can manage the stablecoin USDC in the RWA sector. The business extending from USDC will also be involved. Today becoming a transfer agent is also quite logical. Plume has obtained approval from the US SEC and registered as a transfer agent for tokenized securities. Why is this considered a milestone moment:
Let me first explain what this transfer agent for tokenized securities is.
First, eat skewers, then talk about things. In fact, if you miss it, you miss it.
At that time, I helped them place orders at the exchange and said to use spare money to buy some and hold it. Back then, making money in Shanghai was also quick, and those who owned several properties in Shanghai looked down on this kind of unserious investment.
Now, I am not very willing to advise people to enter the cryptocurrency circle; the risks are too great!
$ASTER Binance's Alpha online, then the contract, and now it's time to go on spot.
Then at token2049, this project has various promotions, including but not limited to, CZ, He Yi, beautiful women, handsome men, foreigners, frogs, hippos, etc., all on stage.
You can refer to pengu's trend at that time. I can't say it won't rise; I'm just reminding you to best preserve your principal.
Moreover, I see some people have gone crazy, seeing 10 oil, 60 oil, 100 oil, to be honest, I really... forget it, if they truly have faith, then stick to that faith. If you have an understanding of this, I believe you will make the right choice.
Oh, I forgot to say, tonight the big pie might surge up a bit more, let's see if it can break the previous high again.
Today is the Mid-Autumn Festival, wishing all coin friends a happy Mid-Autumn Festival!
Today I went to the cinema to watch "Blood and Peace". The paper I brought came in handy, and throughout the cinema, I could occasionally hear small cries. An elderly man sat next to me, and I could see the Chinese Air Force receiving the remains of the martyrs returning home; he was very excited and said, "We finally have an air force." I felt a tightness in my heart, probably thinking of the volunteers. I looked at him deeply, and my eyes became moist.
After watching, I had many reflections, but I won't elaborate. In the afternoon, students from Shanghai came to the club. They were previously in Shanghai, but now the entity is not doing well and they want to invest in the crypto circle. Before entering the circle, they want to learn first. Four years ago, I told them in Shanghai to hold some Bitcoin, but they didn't take it seriously. Now they feel it's not too late.
Let's talk about today's market. Last Saturday, I mentioned the overall direction during the livestream. This week looks bearish, with Bitcoin aiming up at 128, 133, 135. The support levels below are 119, 118, 115. Personally, I don't think it will go much higher; at most, it might touch a little.
Gold is about to hit 4000. Previously, BTC and ETH on CEX were continuously flowing out, but today, various exchanges started to see inflows: 2468 Bitcoin, and 89,500 ETH. At the same time, the OG of ETH has started dumping again. ETH touched 4618, aiming for 4700, with support levels below at 4614 and 4523.
SOL is being suppressed at 237, having tried to break through several times without success. If it goes above, I'll be watching 240. DOGE around 0.26 is a strong resistance; it's currently oscillating below, aiming for 0.28, which should be about it. BNB remains strong; just accumulate on dips.
Overall, Bitcoin has broken new highs. Currently, no coin has broken previous highs or made new highs, only BNB has remained strong. This is why I've been saying for the past two years that if you're a beginner, just buy BTC and BNB. I haven't mentioned ETH and SOL for a reason. Time has proven my foresight to be correct. What will happen next, we leave it to time to verify.
Still reminding you of high risks. If Bitcoin retraces, altcoins haven't risen much this time; if they drop, they will not fare better than Bitcoin. Speaking of the altcoin season, the indicators for the altcoin season are still valid, just like those previous indicators. However, the gains are limited. Previously, we calculated by hundreds; after several rounds of turmoil, now we calculate by 10-30%. Make your own judgments.
The current trend is generally that the U.S. has not expanded its balance sheet, overall capital increment is very small, while China is injecting liquidity. The U.S. stock market is continuously reaching new highs, gold is about to reach 3900, having risen from 3500, and even silver has risen to 40. Oil has dropped a little.
Gold, the U.S. stock market has generally broken previous highs and risen by 10%. The gold market value is 23.5 trillion, the U.S. stock market is 62.8 trillion. Roughly calculating this increase added about 8-9 trillion in market value. Bitcoin's market value is 2.2 trillion, now it is 2.42 trillion, an increase of 2.2 trillion. The funds for pushing the market at least need to be 11 trillion (calculated directly, without considering other factors). In the absence of liquidity from the Federal Reserve, the market funds are insufficient. Previously, institutions were leveraging 8-12 times, which can well explain why this part of the funds was magnified. By leveraging existing funds, pushing the market, using small funds to leverage a large market, just like why contracts can earn hundreds of oil in a short time to thousands of oil or tens of thousands.
Looking at the financial reports of the seven giants, the first two quarters were good. We have to wait until the end of October to see the third quarter's financial reports. The seven giants account for about 50% of the total market value of U.S. stocks. If the third quarter's profit exceeds 10%, the funds for pushing the market in the U.S. stock market will relatively decrease because there are institutional guarantees for repurchase, which may be about 10% of the total.
Today's sudden market push, I also don’t know the reason. In trading, it is impossible to fully understand market trends. This is certain and definite. No matter how high the level, it is impossible to fully grasp the market’s movements; the technical aspect can at most understand 70%, which is the limit.
If you don't understand the market conditions, don't trade; if you're not familiar with the target, don't trade. Even if you miss out, you won't get trapped. The most important thing in investing is the principal. If you choose the wrong target, putting in 1 million, if it drops by 80%, you’re left with 200,000. To make back 800,000, how difficult is that? Many will be forced to trade contracts, adding leverage to try to recover, but losing in the spot market, can contracts still make money? The outcome is basically zero.
If you have 1 million, steadily earning 20-50%, although it seems small, think about it: 80-90% of the market is losing money. As long as you don’t lose, you outperform 80-90% of people, and you are still making money, what a lucky thing.
This is the philosophy of BTB investment research, a lesson learned from past heavy losses. If you want to experience this lesson again, the market will be very willing to let you pay tuition until your tuition matches your understanding.
Bitcoin is making moves on Sunday, breaking through the previous high of 124474, and short positions are getting wrecked. In one hour, 100 million got liquidated, and the U.S. government is out of money, is Trump coming to the crypto space to harvest? If Bitcoin reaches 127, short positions will be liquidated close to 700 million, it feels like it’s heading towards that big whale up there.
The resistance levels above Bitcoin are 128 and 133, and the technical outlook is bullish. The support level is around 121.
Looking at the altcoins, ETH, SOL, DOGE, SUI, etc., haven't really followed suit. VCs holding Ethereum are gradually offloading.
The monthly trading volume of tokenized stocks reached 465 million USD, a month-on-month increase of 136%, showing that the tokenization trend is pushing forward.
Now let's observe how it goes on Monday; the market on Saturday and Sunday is usually misleading.
The tough guy is here! There are many tough guys in BTC. Opened a short position at 111386, and now looking at it, in the future, I won't be liquidated and will save 23 million USDC!
Now valued at 214 million, it's either you making money or the exchange making money. The liquidation point is at 128729, let me make a prediction, I don't think the dealer will push it to 128 to liquidate him, it will fluctuate between 121-124 until he goes crazy, and in the end, he will stop-loss himself, and then Bitcoin will fall.
The market is too difficult, as someone who deals in spot, I also have to study contracts and whales, studying international politics and economics is already time-consuming, the amount of information is very large. I also have to look at technical aspects and on-chain data. Once I see it clearly, I need to fire a bullet in!
Do you think it will rush to 128 to take him down? Precise sniping!
Let me talk about $BNB . If you have no understanding of this coin, let me introduce it first. This coin is the platform coin of Binance Exchange. Basically, all exchanges you know have platform coins, such as OKB from OK, GT from Gate, and BGB from Bitget. However, exchanges in the U.S. do not have platform coins, such as Coinbase, Kraken, and Gemini.
As the first exchange, Binance's platform coin cannot go to zero as long as Binance continues to operate profitably, unless Binance rugs. If you believe it can't rug, as long as Binance is good, BNB will continue to rise. This is the so-called strong getting stronger. BNB is even better than ETH. Why do I say this? Let's raise the perspective a bit. BNB has gone from 200 to 1200 in the bear market, a sixfold increase, not counting various additional attributes. ETH has gone from over 1800 to 5000; let's just say it has tripled.
Currently, apart from BTC, which has strong liquidity with global institutions, listed companies, and retail investors buying in, the next is BNB. BNB's liquidity is better than ETH's, and its support is also stronger. No matter if it’s treasury, listed companies, or ETF buying, ETH can't compete with Binance. The trading volume of Binance is public; you can calculate how much Binance earns in a year. The volume of ETH is not on the same level. This does not even account for retail investors, institutions, and treasury.
I have always said, if you are a novice and don't understand anything, just buy Bitcoin and BNB. Don't buy ETH; just hold what you have. Whether you want to go all in now or wait for a pullback, or if you think the operation is right, just buy. Bitcoin will not disappoint you. Now it has reached 123; not many people have been trapped, and the same goes for BNB.
The market in October is affected by the U.S. government shutdown, becoming increasingly strange. The technical aspect has failed. When trading, just follow the trend; follow the probability. We are here to make money, and the essence of making money is to first protect the principal.
There isn’t much to analyze about the weekend market. Bitcoin is oscillating, while ETH, SOL, and DOGE still have upward momentum. As long as Bitcoin doesn’t drop, they can take the opportunity to surge, including altcoins. Personally, I feel it’s more likely that altcoins will take the opportunity to rise and distribute, so be cautious! $BTC
The U.S. government shutdown will continue, and no data has been released today. If this continues, if data is still not released before the Federal Reserve cuts interest rates in October, Trump's threat of layoffs will not be able to materialize, which will inevitably affect the probability of the Federal Reserve lowering interest rates.
I have encountered such situations before, but past experiences cannot be referenced for the time being; the environment has changed. I am more cautious now because after going through so much, risks always emerge when everyone is in a high state of FOMO.
If Bitcoin breaks through $122,000, the cumulative liquidation intensity of mainstream CEX short positions will reach $1 billion In the last hour, the entire network has liquidated $119 million, with the main shorts being liquidated
Bitcoin has reached 1238, standing by, the bears should start to take action now, above 124474 is waiting for a breakout. If the volume from the bears is sufficient, the market makers will want to crush them, at least they need to push it to a point where the bears dare not short, in order to see a pullback.
Ethereum is also approaching around 4600, Solana just hit 237 and then retreated, Dogecoin surged to 0.265
BTC is close to breaking the previous high, overall there hasn't been a collective surge in altcoins. This point needs attention, it is not advisable to chase the high now; it’s better to wait for a pullback. This round is basically Bitcoin constantly breaking previous highs, while altcoins are struggling to break their previous highs. Currently, it seems that only BNB is following the rhythm.
Tomorrow is Saturday and Sunday, there won’t be too much movement, but this time is different as the U.S. government is in a shutdown state, and the market makers may pull a trick, so be cautious.
I really do not recommend everyone to trade contracts; if there is a drop and it goes right, then it will be a huge gain. This time, after a week of recovery, at the start, the shorts were stopped out and liquidated, and the losses continued all the way up. Now, it feels like it has peaked, and with full leverage on shorts, the market makers are tightly holding onto this mentality, making the bears fearful or unable to short.
Trump, the little yellow hair is going to make a move. If Hamas does not compromise, war is coming, Gaza will be flattened!
Palestine is a sovereign state recognized by more than 150 countries, and in the Middle East, it may be destroyed! This is a big deal!
The United States will not send troops, Israel will come out to make a move, and then Israel attacked Qatar. Although they apologized, the Arab countries in the Middle East have united, and Pakistan has become a nuclear-armed country joining to protect the line.
Once actions begin, it will inevitably cause panic in the international community. Recently, oil prices have been falling sharply, reflecting pessimistic sentiment.
Whether it will affect the cryptocurrency market depends on whether the market makers will take advantage of the situation to explode long positions!
Due to the U.S. government shutdown, non-farm payroll, unemployment rate, and other data have not been released. It's like you need to use the restroom, but there are people in there, and you want to come out, but you can't!
Next is to hold back a big move, either break through 124 or come out and flow away. As for what the outcome will be, I don't know either.
In the past, when V God spoke, it was always good news. Now, I can't determine whether it's good or bad news. Anyway, I feel that Ethereum's performance is too far behind BNB!
Buying Ethereum is not like buying BNB; at least that's how it is now! Many people enjoy bungee jumping, but I prefer stability!