#大A香还是大饼香 The cryptocurrency circle is about to become a hot commodity
Today's stock market is changing rapidly, and a thrilling scene has taken place. 5,000 stocks have hit the limit, shocking the market. After a certain star stock hit the limit for six consecutive days, it hit the limit in one second after opening today, catching many stockholders off guard and making them feel upset. Previously, the stock was in great demand, but now it has quickly "dive" from the peak to the bottom, changing rapidly.
The media and big Vs are silent at this moment, and the voices of singing more in the past seem to be false. I always remind you of the risks and warn you not to enter the market rashly. You need to observe the market sentiment and callbacks. Those who are calm may have already seen through it, while those who are blind are mostly novices.
Investing requires caution, and there are risks in the market. I hope you will look at fluctuations rationally, formulate reasonable strategies, and do not blindly follow or listen to rumors. Protecting the investment principal is the best policy.
#大A香还是大饼香 Recently, a whale-level financial investor purchased 750 bitcoins with a total value of up to 46 million US dollars. At the same time, the traditional stock market "A" has pulled back, and funds are seeking new safe havens, some of which have flowed into the cryptocurrency market. Looking ahead, in the second half of October, market analysts are optimistic that the cryptocurrency market will usher in a new upward trend. The continued inflow of funds and the active participation of whale-level investors will inject new vitality into the market. Although the market is volatile, the current dynamics and investor trends show that the cryptocurrency market can be positive in the second half of October.
In the cryptocurrency world, a good attitude is the key to success.
Stay rational, do in-depth research, and refuse to blindly follow the trend. Wait patiently, don't be afraid of short-term fluctuations, and focus on long-term value. Face up to risks, allocate assets reasonably, and move forward steadily. Keep a normal mind, be neither arrogant nor discouraged by profits and losses, and respond to changes calmly. #大A香还是大饼香 $BTC $ETH
The current market shows that after the second bottom of 61800 at midnight, the bottom has been solidified. Consolidation is accumulating, waiting for the opportunity to stretch. The hourly level has stepped on the lower track steadily, and MACD and KDJ are both showing a golden cross resonance trend in the upward test. The short-term momentum of the four-hour level is gradually weakening, and the middle track resistance is concerned in the short term. In terms of strategy, continue to layout low and long.
$BTC $ETH teaches you five tricks to easily grasp the market
Refuse to chase highs: When the market rises sharply, intervene in varieties with good fundamentals at low levels to reduce cost risks and seize future rebound opportunities. Spot medium and long-term: Give up short-term trading, observe the low points of daily and weekly lines to enter the market, and use time advantages to obtain large-band profits. Selected varieties: The investment portfolio should not be over-diversified. 1-3 varieties with growth potential are easier to manage and increase the probability of profit. Lower expectations: Avoid the mentality of getting rich quickly, and gradually stop profits during the main rising wave or historical highs to ensure returns. Reduce transactions: Trade once a month to avoid wrong decisions driven by emotions and increase the investment success rate.
Master these five tricks, retail investors can also calmly deal with the market and steadily increase their income!
$BTC $ETH Bitcoin reserves of Bitcoin exchanges hit a new low
Latest data: Bitcoin exchange reserves have dropped to 2.6 million BTC, a multi-year low, 600,000 less than the peak in early 2022! The rise of decentralized exchanges, the collapse of FTX and the trust crisis, and the cold storage of long-term holders have jointly driven the tightening of Bitcoin supply and increased scarcity, laying a solid foundation for price increases. With technological changes and changes in market attitudes, Bitcoin has great potential for future upside!
Bitcoin hit a high of 64500 yesterday and then slowly fell, currently reaching a low of 62100. Short-term bears dominate, but the overall structure is still bullish. The daily chart shows that the upward structure remains good, with new highs continuously. The retracement does not affect the upward trend, so avoid blindly chasing shorts. The 4-hour chart shows that the middle track of the Bollinger Band has strong support, and the short-term bottoming momentum has ended, and a rebound is expected. The small-cycle upward channel remains good, and the rise is being repaired. The Bitcoin fee rate is still negative in the morning, and there is an expectation of a short explosion, but the short-term correction is only a repair, not a structural conversion. It is recommended to go long on the retracement.
Strategy recommendations:
Big cake: Go long around 62100-61800, target 64000-64500, and defend 61500. Ethereum: Long around 2415-2390, target 2500-2550, defense 2380.
#大A香还是大饼香 $BTC $ETH [Operation suggestions for Monday evening, October 7]
The bulls performed strongly during the day, reaching a high of around 64,000, and are currently oscillating above 62,500. This round of fluctuations indicates greater opportunities. The technical structure shows that the upward force is significantly stronger than the retracement. The moving average and various indicators are all upward, breaking through the suppression of the middle track of the daily line, and the bulls are ready to go. The 4-hour chart is slowly rising, and there is still room for bulls to release. Continue to be bullish in the evening, and look forward to the continuation of the upward trend!
Operation suggestions for big cakes: It is recommended to enter the market in the range of 63,200-62,800, and the target price is set at 64,800-65,000.
Operation suggestions for etiquette: It is recommended to enter the market in the range of 2450-2430, and the target price is set at 2540-2560.
During the National Day holiday, the market generally adjusted back, and most investors are still repeating the market expectations of the previous few months, believing that the market will continue to fall. However, Su Yu believes that the current position may be the starting point of a big rebound, and many currencies are expected to double.
Unfortunately, most retail investors often realize it later, lack the ability to judge the trend, and are easily trapped at high levels. A new round of bull market is about to start, so be sure to seize the time to layout, so as not to miss the opportunity.
Looking back, investors who keep up with the market rhythm have achieved good results, whether it is the big surge last year or the big plunge in the first half of this year. Therefore, before the surge comes, it is crucial to make a reasonable layout.
The current one-hour line shows that Ethereum has a callback demand. It is recommended that long investors wait patiently until the price callback to around 2450 before entering the market. The target price can be seen at 2560.
$BTC $ETH [Important news to watch this week (10.7-10.13)]
HBO documentary: released on October 8, claiming to reveal the true identity of Satoshi Nakamoto.
Binance system upgrade: October 8, deposit and withdrawal services will be closed 5 minutes before the upgrade.
FTX bankruptcy compensation: The compensation plan needs to wait for confirmation at the hearing on October 7.
Lido deposit suspension: wstETH deposits from Ethereum to Optimism will be suspended from October 7 and will be resumed on October 14.
Swell Network airdrop: The first Wavedrop airdrop will be carried out on October 8.
Radar hackathon: held by the Solana Foundation, project submission has been opened, and the deadline is 23:00 on October 8.
Nigerian court resolution: A resolution on the bail application of Binance executives will be made on October 9.
Stacks Foundation: Nakamoto activation is expected to take place on October 9. Berachain Incentive Program: Projects that have deployed the testnet can submit applications before October 9. US CPI data: September data will be released on October 10. Elon Musk released: A "historical" humanoid robot will be released on October 10. Optimism registration: Superchain contributors can register from September 26 to October 10 to get rewards. Ola token distribution: The last token distribution snapshot of Massive before the mainnet and TGE will be taken on October 10. SEC Enforcement Director Resigns: Gurbir Grewal will resign on October 11. TON Bootcamp: The "Hackers League" will be held on October 11, with a total prize pool of 2 million US dollars.
Please pay attention to the above important events this week.
#币圈新机遇 $BTC $ETH [The Importance of Risk Management]
The essence of trading is not the amount of profit, but the ability to retain profits. The market changes rapidly, and predicting the future is absurd. Many traders may have accurate directions and make a lot of profits at the beginning, but due to the lack of risk control, once the market reverses, they may face liquidation and lose all their past profits.
Risk control is aimed at preventing problems before they happen. Set stop losses and build positions in batches to protect the principal and prevent losses from expanding infinitely. There are unlimited profit opportunities in the market, but the principal is only once. Only by controlling losses can we retain the opportunity to make a comeback when the market is temporarily unfavorable.
In trading, the winning rate and odds are not necessarily positively correlated, and continuous survival is the key. Only by standing in the market for a long time can we encounter more profit opportunities.
This morning, the price of flatbread rose strongly, with an increase of 1,700 points. After touching a high of 64,000, it fell slightly and is currently stable around 63,600. From an hourly level analysis, there is a callback demand in the market.
Overall, the bullish trend remains significant. It is recommended to focus on the 62700-63100 range as the entry point, and set the target price to the 64500-65000 range.
$BTC $ETH [Eight wise maxims for cryptocurrency trading]
A little bit adds up to a lot: small profits accumulate and eventually become a fortune. Dealing with losses: Before making a profit, you must first learn to bear losses, which is the foundation of growth. Patience and time: In market fluctuations, stay calm, patience and time are the most valuable. Practice makes perfect: Only by experiencing the operation can you deeply understand the true meaning of the market. Emotional management: Examine yourself before investing, avoid greed, and overcome fear. Reasonable trading: Rational pricing, avoid blindly chasing ups and downs. Steady steps: Like climbing a tall building, you must take every step carefully to achieve a long way. Rational decision-making: When confused, do not act rashly, think calmly before acting.
May these eight wise maxims lead you to move forward steadily on your investment journey and towards success. Remember, the currency market is risky, investment should be cautious, and all suggestions are for reference only.
The four-hour K-line chart shows that the current trend is building an ascending triangle pattern and has successfully broken through the key resistance level of the EMA indicator 62500. The MACD indicator has significantly increased its volume, showing an upward diffusion trend. Among them, the DIF line crosses the 0 axis, which is in sharp contrast with the EMA line, indicating that the market is about to enter a high consolidation stage.
Short-term outlook: If you want to challenge the previous high again, you need to go through a period of high consolidation. At the same time, the KDJ indicator is spreading positively, and the overall market trend remains bullish.
Operation strategy:
Big pie: Pay attention to the support range of 63450-63000, and the upper target is 64500-65000. Demeanor: Pay attention to the range of 2480-2455, and the expected space above is 2535-2570.