包子炒币日记

Ethereum price started to recover after breaking below the $2,000 mark. ETH climbed above the $2,200 and $2,250 resistance levels, just like Bitcoin broke above $65,000.
The 50% Fibonacci retracement level of the downside swing from the $2,920 swing high to $1,910 swing low has risen. Moreover, there is a connecting bullish trend line forming with support at $2,440 on the hourly chart of ETH/USD. However, the bears are active near the $2,540 and $2,550 levels.
Key Levels:
Support: The main support is at $2,440, which is supported by a bullish trend line.
Resistance: The main resistance levels are at $2,540 and $2,550, above which further gains are possible.

Ethereum price is still below $2,650 and the 100 hourly simple moving average. On the upside, the price faces resistance near $2,540 and the 61.8% Fibonacci retracement level of the downtrend from the $2,920 high to $1,910 low.
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The first major resistance is near the $2,680 level and the 100 hourly simple moving average. The next major resistance is near the $2,720 level. A close above $2,720 could push Ether towards the $2,860 resistance level. The next key resistance is near the $2,920 level. A break above the $2,920 resistance level could push the price towards the $3,000 resistance level in the near term.
If Ethereum fails to clear the $2,540 resistance level, it could decline again. An initial support on the downside is near the $2,440 level and the trendline area. The first major support is near the $2,365 area.
A break below the $2,365 support could push the price towards $2,250. If the price declines further, it could drop to the $2,120 support in the near term. The next key support is at $2,050.
Technical Indicators

Hourly MACD – The MACD for ETH/USD is gaining momentum in the bullish zone.
Hourly RSI – The RSI for ETH/USD is now above the 50 zone.
Major Support – $2,365,
Major Resistance – $2,540.

##ETH🔥🔥🔥🔥

The Solana memecoin craze continues, while large memecoins such as Shiba Inu (SHIB), Dogecoin (DOGE), and DogWifHat (WIF) have been trading sideways and losing momentum in recent weeks.

Billionaire Pepe (PEPEBILL) is a new Solana memecoin that was recently launched and is expected to surge more than 17,000% in the coming days.
This is reportedly because PEPEBILL is about to be listed on numerous cryptocurrency exchanges.
This will expose Solana memecoin to millions of additional investors who will pump money into the token and drive its price higher.
Currently, Billionaire Pepe can only be purchased through Solana decentralized exchanges such as Jup.ag and Raydium.io, and early investors will receive huge returns in the coming days.

Early investors in SHIB and DOGE have received astronomical returns, and Billionaire Pepe could become the next viral memecoin.

Billionaire Pepe launched with over $3,000 in liquidity, which gives it a unique advantage over most other new memecoins, allowing early investors to reap huge gains.
In fact, early investors could earn returns similar to those who invested in Shiba Inu (SHIB) and Dogecoin (DOGE) before these memecoins catch on and skyrocket in price.
If that happens, a new wave of memecoin millionaires could be created in a matter of weeks – or even sooner.
The Solana memecoin craze continues, while large memecoins such as Shiba Inu (SHIB), Dogecoin (DOGE), and DogWifHat (WIF) have been trading sideways and losing momentum in recent weeks.
This is why many SHIB, DOGE, and WIF investors have switched to new Solana memecoins such as PEPEBILL.
Such memecoins have no utility and no intrinsic value, but investors seeking high yields have been investing in them because their prices have the potential to rise quickly.
##pepe

Solana surges 10% on whale activity, leading market recovery

Solana’s price is showing strong signs of recovery, forming a “W” shape on lower timeframes. A sustained close above $125 could see $SOL rally to $142, providing a potential boost for investors.

Solscan found active whale activity, with a whale with the address 9dZAPP…dnzAz3 withdrawing a total of 1.035 million SOL worth about $120 million from multiple validators including Cogent Crypto, Block Logic, LunaNova, etc. since July 16. The identity of the whale remains unknown, adding a touch of mystery to major market moves.

Amid the general crash in the cryptocurrency market, Solana-based K.F. has performed well. The platform experienced 6,000 liquidations, reported no bad debts, and processed over $4 million worth of collateral liquidations. Notably, no liquidations occurred in either the JLP market or SOL positions, demonstrating the platform’s robustness under severe stress testing.

Even under the intense stress of market conditions, transactions were processed smoothly. This performance highlights the resilience and efficiency of the Solana network and its associated DeFi platform during turbulent times.

Solana’s impressive market recovery and major moves by whales highlight the potential and volatility of the cryptocurrency. With the market watching closely, a close above $125 could signal further bullish momentum, potentially pushing $SOL to $142.

##SOL

​​Bitcoin price extended its decline and traded below the $52,500 support area. BTC even declined below the $51,100 and $50,000 levels. A low was formed near $49,111 and the price recently started a recovery wave.

It recovered above $52,500 and tested the 50% Fibonacci retracement level of the down move from the $61,040 high to $49,111 low. There was a break above the resistance of a connecting bearish trend line at $55,100 on the hourly chart of the BTC/USD pair.

Bitcoin price remains below $58,000 and the 100 hourly simple moving average. On the upside, the price is likely to face resistance near the $56,500 level. This level is close to the 61.8% Fibonacci retracement level of the down move from the $61,040 high to $49,111 low.
The first key resistance level is near $58,250. A clear break above the $58,250 resistance level could drive the price further up in the coming sessions. The next key resistance level could be $58,800.
Bitcoin Price

The next major hurdle is $60,000. A close above the $60,000 resistance level could spark a bullish move. In such a case, the price could rise and test the $62,000 resistance level.

If Bitcoin fails to break the $58,000 resistance level, it could decline again. An immediate support on the downside is near $55,000.
The first major support level is $53,500. The next support level is currently near $52,000. If the price declines further, it could drop to the $50,000 support level in the near term.

Technical Indicators:

Hourly MACD – The MACD is currently accelerating in the bullish zone.
Hourly RSI (Relative Strength Index) – The RSI for BTC/USD is now above the 50 level.
Major support level – $55,000, followed by $53,500.
Major resistance levels – $56,500 and $58,000.

##BTC☀

Due to the global stock market crash, the circuit breaker

Market rumors say that the Federal Reserve may hold an emergency meeting within 7 days
Announce an emergency interest rate cut to save the market
The market is really evolving from a good economy-economic recession-economic crisis to a black swan step by step, with a sense of déjà vu on 519. If a black swan occurs, the market will have the last drop, in the middle of the crisis (financial deleveraging is completed)
Then after the crisis, the Federal Reserve will vigorously rescue the market, and central banks around the world will rescue the market
Complete a major reversal.

The above rumors say that the Federal Reserve will take action within 7 days. Wait and see what happens

August 8th is International Cat Lover's Day, so you can pay attention to MEW.
If MEW stabilizes at 0.0040-0.0032, this is an opportunity to enter the market.

##MEW

Over the past few sessions, Dogecoin price declined sharply like Bitcoin and Ethereum. The bears took control and pushed the price below the $0.1120 and $0.1050 support levels.
The price even declined below the $0.1000 support and reached a low of $0.0881. DOGE price is currently consolidating losses and is trading below the 23.6% Fibonacci retracement level of the down move from the $0.1194 high to $0.0881 low, showing many bearish signs.

Dogecoin is currently trading below the $0.100 level and the 100 hourly simple moving average. On the upside, an immediate resistance is near the $0.0950 level. The next major resistance is near the $0.1000 level. There is also a key bearish trend line formed with resistance at $0.1000 on the hourly chart of the DOGE/USD pair.

A close above the $0.100 resistance could see the price drop towards the $0.1040 resistance or the 50% Fibonacci retracement level of the downside move from the $0.1194 swing high to $0.0881 low. If the price rises further, it could drop towards the $0.1080 level. The next major stop for the bulls could be $0.1120.

Advantages of Dogecoin:

1. The transaction speed is about 1 minute, which is much faster than other cryptocurrencies.  
2. Since there is less competition to mine Dogecoin, the transaction fees are also much lower.  
3. The Dogecoin community is known for actively organizing charity events and raising funds for them.  
Disadvantages of Dogecoin

1. Since the supply of Dogecoin is unlimited, an increase in the number of tokens will lead to inflation and a drop in the token price.  
2. It is highly volatile and its price is affected by social media trends, market speculation, and endorsements from famous figures.  
3. The use cases of Dogecoin are very limited compared to other cryptocurrencies such as smart contracts and dApps.

Technical Indicators

Hourly MACD – The MACD for DOGE/USD is currently gaining momentum in the bearish zone.
Major Support Levels – $0.0760 and $0.0680.
Major Resistance Levels – $0.01 and $0.11.

3 Super Rebounds after the Fed Rescued the US Stock Market after the US Stock Market Crashed in History

2008 Financial Crisis
Background of the Crisis:
• The subprime mortgage crisis triggered a global financial crisis, and US stocks plummeted.
Federal Reserve Response:
• Rate Cuts: In September 2008, the interest rate was lowered from 2% to 1.5%, and finally to 0-0.25%.
Market Rebound:
• Rebound: Starting from March 2009, the market rebounded rapidly. In 2009, the S&P 500 rose by 23.5%. By 2013, the S&P 500 and the Dow Jones Industrial Average had basically returned to their pre-crisis levels and continued to set new highs.

2010 Flash Crash
Background of the Event:
• On May 6, 2010, due to trading system failures and algorithmic trading, the Dow Jones Industrial Average fell by about 1,000 points in just a few minutes, and then quickly rebounded.
Federal Reserve Response:
• Market Structure Reform: The Federal Reserve and other regulatory agencies carried out market structure reforms to improve market stability and transparency.
Market rebound:
• Rebound: Despite a short-lived market volatility, the market rebounded quickly in the following days, recovering most of its losses. For the entire year of 2010, the S&P 500 rose 12.8%.

2020 COVID-19 stock market crash
Crisis background:
• The global outbreak of the COVID-19 pandemic triggered market panic and economic lockdowns.
Fed response:
• Emergency rate cuts: The Fed made two emergency rate cuts, lowering interest rates to 0-0.25%.
Market rebound:
• Low: The S&P 500 hit a low of 2,237 on March 23, 2020.
• Rebound: U.S. stocks rebounded quickly. The S&P 500 and the Dow Jones Industrial Average quickly recovered from their lows in March and hit record highs in the second half of 2020.

##美联储何时降息？

In July, Solana’s decentralized exchange (DEX) handled 30% of total cryptocurrency trading volume, surpassing Ethereum. However, the cryptocurrency market is now facing major challenges as the Japanese stock market sell-off triggered $500 billion in losses.

If Solana’s price falls below $115, it could fall further to $107. Bitcoin fell more than 10% and is trading at $53,270, while Solana fell nearly 17%. The overall crypto market capitalization fell 13% to $1.87 trillion. Despite the market downturn, trading volume surged 119.72% to $142.44 billion.
Solana’s interest rises amid market volatility and Japanese stock sell-off
The growing interest in Solana has come as traders anticipate the launch of the Solana ETF in the United States. However, the recent drop in cryptocurrency prices is associated with a sharp sell-off in Japanese stocks, especially the Nikkei 225 index, which fell 7.1%.
On August 2, Japanese bank stocks suffered their worst performance since 2008, affected by the Bank of Japan's decision to raise interest rates. This sudden market drop caused the total cryptocurrency market value to shrink by $500 billion in three days, marking the largest 72-hour drop in more than a year.
Solana DEX Performance During the Market Downturn
Solana's decentralized exchange (DEX) protocol performed strongly despite the decline in the broader market. In July, Solana accounted for 30% of the total crypto DEX trading volume, surpassing Ethereum's 28.12%. By the end of the month, Solana's DeFi ecosystem processed $56.849 billion in transactions, surpassing Ethereum's $53.867 billion.
Currently, Solana (SOL) is trading at $122, a sharp drop of 15.76% in the past 24 hours and 37.2% in the past week. If Solana's price falls below $115, it may fall further to the $107 support level. Conversely, if the price rises above $135, it could hit the $164 resistance level.

##sol板块 ##solana生态