Wu Tian, PhD in Finance from City University of HK, has his own investment research company, is proficient in contracts, spot, futures, runes, short positions and other gameplay, only builds a small crypto circle for elite talents to fight against the future bull market! Absolutely no money!! Look at the picture below 👇👇+Double Q, D🍋L🍋B🍋 8🍋8🍋7🍋1, find me! Or follow the official account: "Lao Wu Pilot"
Bitcoin Cash (BCH) has made modest gains this week, trading at $388, showing signs of a major surge on the horizon.
Based on technical structure and fundamental analysis, Bitcoin Cash may be heading for a significant rally, with the price expected to rise to $515. Looking at the four-hour chart, Bitcoin Cash is showing signs of a technical breakout. However, traders need to consider multiple factors such as market sentiment, institutional demand, inflation, geopolitical factors and selling pressure from Mt. Gox creditors to judge weekly performance.
On a longer time frame, the BCH price prediction shows a positive outlook, with a possible move above $1,000. In the short term, Bitcoin Cash is expected to break above the $400 and $500 resistance levels.
According to the data, Bitcoin price is sitting above the short-term support at $67,000. Last week, Bitcoin rebounded from the $64,000 support level. If Bitcoin price manages to break above the $70,000 resistance level, it will significantly increase new price discovery opportunities. Bitcoin Cash is expected to mimic Bitcoin’s performance, with the price expected to rise to $1,000.
On the four-hour chart, Bitcoin Cash may be forming an inverted head and shoulders pattern (H&S), which is a bullish reversal pattern within a downtrend. The inverted H&S pattern has three lows, with the middle "head" below the two shallower "shoulders" and the neckline connecting the shoulders. Traders need to wait for price to break through the neckline, signaling a possible trend reversal of up to 28% for Bitcoin Cash. After breaking through the neckline, traders can consider buying and place a stop loss slightly below the neckline.
Bitcoin Cash Price Prediction Reveals An Imminent Inverse H&S Breakout To $515 Will Rely On Various Technical Indicators. The golden cross (20-day EMA and 50-day EMA) formed on the four-hour chart needs to hold to maintain traders’ interest in the bulls. It is important to note that a break below the $383 support may increase selling pressure.
Bitcoin Cash price predictions show that the market is about to undergo a major move. Worried that market fluctuations will affect your investment decisions? , I don’t know how to avoid risks, I’m going to buy or sell when it’s going up, I’m going to share it with you, 👉Look at Q: D🍋L🍋B🍋 8🍋8🍋7🍋1, or public account: Lao Wu pilot, find me. Join me in my pursuit of wealth growth opportunities in the crypto markets!
The two-layer architecture enhances network capabilities and supports cross-chain interoperability. The first layer, ZuluPrime, serves as the second layer of Bitcoin and focuses on EVM compatibility to promote stable DeFi applications.
Fundraising - $3 million
If you are interested to know more, 👇👇Hurry + Q: D🍋L🍋B🍋 8🍋8🍋7🍋1, or follow the public account: Lao Wu Linghang and find me. Join me in my pursuit of wealth growth opportunities in the crypto markets!
At this time, news broke that President Joe Biden had announced that he would give up his re-election, which he announced on Twitter.
The announcement brings clarity to the political outlook and boosts investor confidence. Altcoins have benefited as well, with Solana (SOL) emerging as the front-runner with a price increase of 4.2% and currently trading at $179.61.
The rise is partly attributed to increased trading volume in political meme coins following Biden’s exit from the race. Solana meme coin Dogwifhat (WIF) is up 10% and is currently trading at $2.80, up 57% from a week ago.
Elsewhere, Avalanche (AVAX) gained 11.3% to $32.25, while Dogecoin (DOGE) gained 5.2% to $0.1379. The total altcoin market cap has now reached $1.34 trillion.
While Bitcoin and Ethereum (ETH) continue to dominate, several altcoins have shown significant growth. Litecoin (LTC) is up 80% year-over-year, Tron (TRX) is surging 202%, and Binance Coin (BNB) is up 129%.
Despite this, institutional participation in altcoins remains low, with the top five alternative cryptocurrencies accounting for just 5.4% of total trading volume. This means that there is still a lot of room for altcoins to grow as institutional investor confidence increases.
Increased US dollar liquidity, interest rate cuts by the Federal Reserve, and the launch of Bitcoin and Ethereum spot ETFs have combined to drive positive sentiment in the market.
Worried that market fluctuations will affect your investment decisions? , I don’t know how to avoid risks, buy when the price rises and buy when the price falls, I share the rabbit fees, 👇👇Hurry up + Q: D🍋L🍋B🍋 8🍋8🍋7🍋1, or follow the public account: Lao Wu Linghang and find me. Join me in my pursuit of wealth growth opportunities in the crypto markets!
It’s not easy to write a post. If you have time, please like, leave a message, or comment! I will definitely reply separately! grateful! ❤️
Warning! ⚠BTC danger zone is coming, the last chance to escape!
The price trend of Bitcoin (BTC) shows obvious fluctuations. The current price is $67,179.99, which is close to the key resistance level of $67,000. A "danger escape zone" is marked in the chart, showing that the price needs to break through this area quickly, otherwise it may face callback pressure or even plummet.
1. **Big cycle trend line and resistance level**: Bitcoin is currently close to the big cycle trend line and key resistance area. If the price fails to quickly break through the "danger escape zone" between $67,000 and $68,000, it may be suppressed, resulting in a large-scale price callback.
2. **Price trend review and future expectations**:
- Support and resistance: If Bitcoin successfully breaks through the resistance of $68,000, the next target will be around $72,000. On the contrary, if it fails, Bitcoin may pull back to the support level below $60,000. - **Market sentiment**: The current market sentiment has shifted from "extreme fear" to "extreme greed", showing that investors have increased confidence in the rise of Bitcoin.
Comprehensive analysis Bitcoin is currently at a key resistance level and needs to quickly break through the $67,000 to $68,000 area to avoid callback pressure. The price trend in the next few days will determine whether Bitcoin can enter a new round of rising cycle. If it can break through this key area, Bitcoin is expected to challenge the target price of $72,000 and above.
Although there is good news from Trump, judging from the data alone, if it cannot break through, it is very likely to plummet, so now is the last chance to leave! Whether Lao Wu is right or not, we will see in the future!
There are always infinite possibilities in the cryptocurrency world. Don’t get lost, don’t be too obsessed with gambling, do more detailed research, Watch now + click Q: D🍋L🍋B🍋 8🍋8🍋7🍋1, or follow the official account: Lao Wu Pilot, find me, seize the opportunity, cf freedom🔥🔥🔥
XRP aims at $7.5: This is the "real wake-up line" it needs to break
XRP is expected to break through key resistance and usher in explosive growth
XRP needs to break through the key resistance level of $0.70 to $0.75 to achieve the expected explosive growth. EGRAG's analysis shows that XRP is about to usher in a major breakthrough, which is further confirmed by the large accumulation of whales.
**Key resistance and support** The analysis focuses on the "real wake-up line", which is a key resistance level between $0.70 and $0.75. A breakthrough of this level will trigger a sharp rise. The Atlas line provides strong support for XRP, preventing the price from falling to lower levels. However, the recent correction pushed XRP below the Atlas line, forming a so-called "bear trap", which is usually a false bearish signal.
**Future trend analysis** If XRP can close in the $0.55 to $0.58 range, it may lay the foundation for testing the real wake-up line. The last time XRP touched this resistance was in March this year, when it reached $0.7449. If XRP can break through the resistance level of $0.70 to $0.75, the short-term target will be between $1.3 and $1.5, and the long-term target is $7.5.
**Market Movements** Data shows that since June, addresses holding 10,000 to 10 million XRP have accumulated 250 million XRP, showing the market's growing confidence in XRP. XRP is currently trading at $0.57947, up 1.19% in 24 hours and remaining above a three-month high. The Ichimoku Kinko Hyo chart shows that XRP has moved above the cloud, indicating strong bullish momentum. The conversion line (blue) has crossed the baseline (red), reinforcing the positive momentum. The Stochastic Momentum Index (SMI) shows that the %K and %D lines are 58.27 and 61.53 respectively, indicating that XRP is in overbought territory, and although there may be short-term adjustments, the bullish sentiment remains strong.
**Act now and seize the opportunity of XRP's rise! ** XRP is about to break out, and now is the best time to invest! Join now to seize the market opportunities and enjoy future benefits!
Bitcoin whale activity decreases, price holds near $67,000
Recent data shows a significant decrease in whale and trading activity as Bitcoin approaches $67,000. The number of single Bitcoin transactions worth at least $100,000 fell from 9,176 to 6,101 in the past 24 hours, a decrease of 33%.
**Bitcoin trading activity drops** At the same time, Bitcoin trading activity also declined. The number of Bitcoins entering exchanges dropped from 48,289 to 26,073, while the number of Bitcoins leaving exchanges and entering self-hosted wallets dropped from 52,616 to 23,355. This suggests that Bitcoin holders are waiting to see where the market will go.
**Market Sentiment Analysis** Bitcoin’s relative strength index (RSI) is hovering around 60, indicating uncertain market conditions. To remain bullish, the RSI needs to drop below 50. On July 5, Bitcoin’s RSI was 28 when the price was $54,000, indicating oversold conditions.
**Current Market Conditions** Bitcoin has gained 0.55% in the past 24 hours and is currently trading at $67,000, with a market capitalization of approximately $1.32 trillion and daily trading volume of $18 billion. One positive factor is continued inflows into U.S. spot BTC ETFs, helping the investment product’s market capitalization top $17 billion. **Join Bitcoin investment now and seize market opportunities! **Worried that market fluctuations will affect your investment decisions? , I don’t know how to avoid risks, I’m going to buy or sell when it’s going up, I’m going to share it with you, 👇👇Hurry up + Q: b🍋t🍋c🍋 6🍋9🍋5🍋4, or follow the public account: Lao Wu Linghang and find me. Join me in my pursuit of wealth growth opportunities in the crypto markets! It’s not easy to write a post. If you have time, please like, leave a message, or comment! I will definitely reply separately! grateful! ❤️
incredible! ! SHIB could break above this resistance to reach $0.00003298
Currently, the price of Shiba Inu Coin (SHIB) is $0.00001781, a significant increase from $0.00001294 two weeks ago. Despite retreating from its previous high of $0.00004605, recent analysis suggests its price is poised to rise again.
**SHIB future price trend analysis** Several key factors influence SHIB price, including volume distribution, resistance levels and historical position patterns. According to the analysis, SHIB has significant volume around current price levels, which means market participants are actively trading at these levels, potentially stabilizing the price.
Currently, SHIB price is trying to break through the downward resistance and consolidate. A successful breakout could lead to further upside, with a price target of $0.00003298.
Position holding time and address activity On-chain data shows that the average holding time of SHIB tokens is three months, and the recent increase in trading volume and holding time indicates that investors have increased confidence in SHIB’s future. In addition, the increase in the number of active and new addresses also shows increased market interest and participation in SHIB, which may drive the price upward.
**Long-term outlook** Lao Wang believes that Shiba Inu is expected to reach $0.000045 again in the near future. SHIB has performed well in the crypto market recently, rising 3.5% in the past 24 hours and 5.5% in seven days.
SHIB is ushering in a new round of rise, now is a good time to invest! Join now and enjoy future benefits!
Worried that market fluctuations will affect your investment decisions? , I don’t know how to avoid risks, buy when the price rises, and share the rabbit fees. 👇👇Hurry up + Q: b🍋t🍋c🍋 6🍋9🍋5🍋4, or follow the public account: Lao Wu Linghang and find me. Join me in my pursuit of wealth growth opportunities in the crypto markets!
It’s not easy to write a post, so if you have time, please like, leave a message, or comment! I will definitely reply separately! grateful! ❤️
BRC20 programmable module mainnet is online, exciting events to celebrate!
We are very excited to announce that BRC20 programmable module has been successfully launched on the mainnet! To celebrate this milestone, we have carefully planned a series of exciting events:
🌟 **Programmable Inscription**: The first commemorative programmable inscription $BPM is launched, using a unique step-by-step invitation casting mechanism. Not only can you cast it yourself, but you can also invite friends to participate and get more casting rewards! **Minting Rules**: - If you directly invite friends to cast, you will get an additional 50% of the casting quota. - When your friends invite others to cast, you will get 40% of the casting quota, and your friends will get 50%.
**Exclusive airdrop plan for BRC20 holders**: We have prepared generous airdrop benefits for BRC20 holders. As long as you hold any inscription in your wallet, you can participate in the airdrop plan without paying gas fees. A total of 10,000 addresses will have the opportunity to receive the airdrop, and each address will receive 1,000 $BPM for free.
**Decentralized Exchange (Swap) is coming soon**: In order to make it easier and safer for you to trade inscription assets, we are about to launch a BRC20 decentralized exchange (Swap) based on programmable modules. After the airdrop, it will be officially put into use.
💼 **Developer Challenge**: In order to inspire more developers to participate in the construction of the BRC20 ecosystem, we will hold a developer challenge. All participants will receive a reward of $100, and the winners will have the opportunity to win up to $20,000 in prizes! **Prize**: - First place: $20,000 - Second place: $10,000 - Third place: $5,000 - Participation prize: $100
If you are interested in these inscriptions, please contact me immediately: b🍋t🍋c🍋 6🍋9🍋5🍋4, or follow the official account: Lao Wu Pilot, and find me.
XRP is expected to retest $0.7, boosted by Ethereum ETF hype
XRP has recently recorded important moves, indicating that its price may have hit a bearish bottom. Currently, XRP is priced at $0.5908, up 7.62% in the past 24 hours. This rise is a significant upgrade for altcoins that have entered negative growth territory due to volatility, suggesting that the worst may be over.
XRP price target is $0.7 To reach the short-term target of $0.7, XRP needs to rise by at least 18% again. Although 18% growth may not seem large, it is not easy to achieve given the market volatility.
Recent performance and growth potential XRP has performed strongly recently, rising more than 16% in the past seven days, while many competitors have seen negative growth. So far this month, XRP has increased by 18%, showing solid momentum. Several positive indicators and related innovations have boosted market sentiment. Although XRP is well positioned for growth, its future performance still depends on the broader market outlook.
The impact of Ethereum ETF In the coming week, the market will usher in the launch of Ethereum spot ETF products. Although Ethereum currently has a 17.3% market dominance, the launch of this product may have a strong boost to the entire market.
In recent weeks, many tokens have been in a stalemate, and the market is looking forward to catalysts to break the situation. Overall, XRP is expected to be the main beneficiary as its current growth trend leads the market.
There are always infinite possibilities in the currency circle. Don't get lost, don't gamble, do more detailed research, Watch now + buckle Q: b🍋t🍋c🍋 6🍋9🍋5🍋4, or follow the official account: Lao Wu Linghang, find me, seize the opportunity, cf freedom🔥🔥🔥
Dogecoin (DOGE)’s recent price surge, with double-digit weekly gains, has attracted a lot of attention from investors. A large number of whale trades and on-chain indicators suggest that the dog-themed cryptocurrency may be heading higher. Many market experts expect Dogecoin price to break above $0.2 as whales accumulate and market interest rises.
The recent surge in Dogecoin whale activity has sparked a buzz in the cryptocurrency market. A Dogecoin whale amassed 800 million coins in two Robinhood trades, worth a total of $101 million. The whale’s wallet address is “DEgDV....1pMke” and each transaction has accumulated 400 million tokens. This significant accumulation shows the market’s growing confidence in the meme coin space.
- **Profitable Status**: 75% of DOGE holders are currently in profit. - **Large Holders**: Large holders account for 62% of the DOGE supply, with long-term holders accounting for 67%. - **Address Milestone**: Dogecoin recently reached the 90 million address milestone, showing increased adoption and market interest.
Price Prediction: Can Dogecoin Break Above $0.2? Analysis shows that Dogecoin faces a key resistance level at $0.128. A break above this trendline could push the price as high as $0.174, while a further break could push the price to $0.228. - **Current Price**: As of this writing, DOGE price is up over 6% and is trading at $0.1264. - **Volume**: Trading volume surged 26% to $798.28 million. - **24-Hour High**: DOGE hit a 24-hour high of $0.1295. - **Weekly increase**: The weekly increase is 15%. - **Futures Open Interest (OI)**: DOGE futures OI surged about 12% to $626 million, reflecting bullish sentiment in the market, according to data.
Don’t want to miss the latest market news? Immediately+deduct Q: b🍋t🍋c🍋 6🍋9🍋5🍋4, or follow the public account: Lao Wu Linghang to get the latest market analysis and investment strategies. Join me and seek opportunities for wealth growth in the crypto market! 💰🚀
XRP News: Whales Buy 48 Million XRP Following Ripple Lawsuit Developments
The whale has accumulated over 48 million XRP and is anticipating upward momentum during the market recovery. Additionally, a restraining order issued by Judge Phyllis Hamilton in the Ripple lawsuit and a deadline set for further resolution also boosted market sentiment.
XRP’s recent legal developments have sparked interest among market participants. The case of Zhakinov v. Ripple Labs was brought before District Judge Robert Illman for decision. Notably, Judge Hamilton upheld Judge Torres’ summary judgment on the programmatic sale, holding that XRP was not a security.
Following the court order, whales bought XRP in large quantities. According to data from Whale Alert, the two whales purchased a total of 48.13 million XRP from Binance, worth approximately $28.3 million.
XRP price rises At the time of writing, XRP price is up 8.90% and trading at $0.5941. The lowest and highest prices in the 24 hours were $0.5478 and $0.6038 respectively. CoinGape Media analysis shows that the cryptocurrency is heading towards the $1 target with significant growth in XRP Ledger (XRPL). The RSI consolidates the bullish sentiment and is hovering at the 66 level. This paves the way for further purchases.
According to the data, XRP’s futures OI increased by 7.77% to $804.11 million, and derivatives trading volume increased by 1.38% to $3.71 billion. These data indicate an upward trend in the market for this digital asset.
Ambush potential coins, altcoins, and hundred times coins in advance, seize this bull market, let your wealth soar like a rocket, and become a winner in life! 👇👇Hurry up + Q: b🍋t🍋c🍋 6🍋9🍋5🍋4, or follow the public account: Lao Wu Linghang and find me.
It’s not easy to write a post. If you have time, please like, leave a message, or comment! I will definitely reply separately! grateful! ❤️
Robinhood has sold a total of 2.7 trillion SHIB tokens. Will this affect volatility?
Shiba Inu attracts a lot of investor attention According to data, the Robinhood cryptocurrency exchange has sold a total of 2.7 trillion Shiba Inu (SHIB) tokens, worth approximately $48.34 million. Currently, the total value of Shiba Inu tokens held in Robinhood wallets is $653.52 million.
Increased decentralization Shiba Inu's lead developer Shytoshi Kusama recently publicly emphasized the token's decentralization capabilities.
The Shiba Inu ecosystem can serve as a practical solution to mitigate the risks encountered by centralized systems, especially in the recent CrowdStrike outage.
During the period of rising popularity, we must seize the opportunity and continue to bring strategies to fans. There is no routine and never charge for money. 👇👇Hurry up and click Q: b🍋t🍋c🍋 6🍋9🍋5🍋4, or follow the official account: Lao Wu Linghang to find me. Join me in seeking opportunities for wealth growth in the crypto market!
It is not easy to write a post. If you have time, please like, leave a message, or comment! I will definitely reply individually! Thank you! ❤️
Arkham Intelligence is a leading blockchain oracle that has attracted investments from Binance Labs, Coinbase Ventures, and other major players.
II. Airdrop Guide
Previously, only 3% (10.7%) of the tokens allocated to the community have been distributed. Arkham is actively hinting at the possibility of new airdrops and rewards.
Specific steps 1/ Register 2/ Check address • Go to "Demonstration" • Enter your wallet address • Interact with bubbles 3/ Arkham AI • Move to "Oracle" • Ask any questions to the AI 4/ Tracer • Go to "Tracer" • Add some wallets • Interact with wallets 5/ Invite friends • Move to "Invite" • Fill in all data • Invite friends
If you are interested in this airdrop, please 👇👇 hurry up + press Q: b🍋t🍋c🍋 6🍋9🍋5🍋4, or follow the official account: Lao Wu Pilot, find me!
1. Trump may win If Trump wins the 2024 presidential election, his pro-crypto stance and Bitcoin supporter JD Vance becoming vice president will make the crypto asset environment more favorable.
2. Altcoin ETF launch Various altcoin ETFs (including spot ETH ETFs) may be launched soon, bringing a lot of liquidity to the market.
3. Increase in global money supply The increase in global M2 money supply, especially the loose monetary policies in the United States and China, may push up the prices of Bitcoin and other cryptocurrencies.
4. Rise in global liquidity index The rise in the global liquidity index shows that market liquidity has improved, which usually leads to higher asset prices.
5. New Bitcoin supporters Bitcoin has received support from key figures such as BlackRock COO Larry Fink and Dell Technologies CEO Michael Dell, attracting more institutional investment into the crypto field.
6. Expected interest rate cuts Interest rates are expected to fall, and monetary easing policies may further stimulate investment enthusiasm for Bitcoin and other cryptocurrencies.
7. The P cycle top has not yet appeared The P cycle top indicator has not yet signaled the top of the current cycle, indicating that the market still has a lot of room for growth.
8. A multipolar world favors Bitcoin In a multipolar world, Bitcoin offers an attractive alternative that is favored by investors.
9. Bitcoin ETFs are in high demand Spot Bitcoin ETFs absorb a large amount of Bitcoin, resulting in an imbalance between supply and demand, fueling bullish sentiment.
10. Bitcoin supply shock Davis expects the halving cycle to lead to a Bitcoin supply shock, pushing up prices.
During the period of rising heat, we must seize the opportunity and continue to bring strategies to fans. There is no routine and never collect rice. 👇👇Hurry up and click Q: b🍋t🍋c🍋 6🍋9🍋5🍋4, or follow the official account: Lao Wu Linghang, find me. Join me in seeking opportunities for wealth growth in the crypto market!
It is not easy to write a post. If you have time, please like, leave a message, or comment! I will definitely reply individually! Thank you! ❤️
PEPE Price Tries to Resume Uptrend, $350 Million Profit Awaits
This week, PEPE’s price performance was less eye-catching than other altcoins; however, it managed to turn $0.00001000 into support again. Investors’ expectations are high for the meme coin as it is approaching a key support level that could bring handsome profits.
While PEPE price has not seen a significant increase in the past few days, it is currently struggling to turn a key resistance line into support, which could drive the price to $0.00001400, leading to huge profits.
According to the Global Fund Inflow/Outflow (GIOM) indicator, about 28.47 trillion PEPE worth more than $350 million was purchased between $0.00001200 and $0.00001400. Once PEPE closes above this price, these supplies will become profitable and become the next resistance level for the meme coin.
However, PEPE faces challenges with investor support, which can be seen from the market value to realized value (MVRV) ratio. The current 30-day MVRV of PEPE is 18%, indicating profitability and potential selling pressure.
Historically, PEPE usually adjusts when the MVRV is between 14% and 34%, which is known as the danger zone. During this period, investors are more inclined to sell to make a profit or cover losses, which can lead to a price drop, which PEPE may also face.
PEPE is currently trading at $0.00001227, attempting to reverse the three-month ascending trendline back to an uptrend. The decline in early July caused the meme coin to lose this support. However, reclaiming this level could allow it to break through $0.00001400, the next key resistance level.
A successful turn into support would not only make the aforementioned supply profitable, but also open the door for further gains. However, the threat of selling could prevent it from breaking through $0.00001400 and could cause the price to consolidate or fall below the support level of $0.00001146. If the latter is lost, PEPE could return to $0.00001000.
Worried that market volatility will affect your investment decisions? , I don’t know how to avoid risks, buy high and sell low, share for free, 👇👇 Hurry up and click Q: b🍋t🍋c🍋 6🍋9🍋5🍋4, or follow the official account: Lao Wu Linghang, find me.Join me in seeking wealth growth opportunities in the crypto market!
Players must read! 👇11 possible analysis and impact of the Fed's rate hike
1. **The US economic rhythm in units of one month is not suitable for a rate cut at the end of July. **
2. **The US economic resilience is indeed relatively strong.
3. **The Fed's first rate cut was postponed from July to September. The US basically did not increase the magnitude of the resilient economy, so the lower limit of the US stock market decline is basically unchanged-36580 points.
4. **According to the US economic rhythm in units of one month, mid-to-late August will be the beginning of the last time the US economy will be engaged before the Fed's first rate cut in September (an economic cycle in units of one month).
5. **In mid-to-late August, the US money supply will push up US Treasury bond interest rates, and US Treasury bond interest rates are likely to approach the 2023 high again.
6. **In mid-to-late August, US Treasury bond interest rates will rise, and the US may do some shameless things again and fan the flames everywhere. There may be some turbulence in the South China Sea by then, but it will not be a big deal.
7. **After the Olympics on August 11, the conflict between Russia and Ukraine may have a small climax and escalate slightly. The short-term climax of the Middle East situation will only occur in July, and the oil price peak will be $86.6 (US oil) in mid-to-early July.
8. **A-shares are likely to bottom out at the end of August, and US stocks may bottom out in mid-August.
9. **In early September, the United States may have a small explosion, and US stocks may bottom out again.
10. **The big positive news between China and the United States may have to wait until October.
11. **In the short term, the US unemployment rate will exceed 4.3 and reach 4.4 before the Federal Reserve cuts interest rates. The US unemployment rate was 4.1% in June. According to the trend of the US economy and unemployment rate, it is expected to reach 4.4 from January to July to September. Therefore, the first rate cut by the Federal Reserve will be in September. The second rate cut has not yet been determined.
Don't want to miss the latest market trends? Immediately 👇👇+Double Q: b🍋t🍋c🍋 6🍋9🍋5🍋4, or follow the official account: Lao Wu Navigator, get the latest market analysis and investment strategies, join me, and seek opportunities for wealth growth in the crypto market with me! 💰🚀
Writing a post is not easy, please like, leave a message, or comment if you have time! I will definitely reply individually! Thank you! ❤️
Earlier this week, the Shiba Inu (SHIB) exchange suffered a massive hack, which caused a sharp drop in the price of SHIB.
SHIB has had a rough week. The price has now fallen to $0.0000172, down 8% since yesterday and 14% since Monday. If this continues, we could see three consecutive trading days of price declines.
Technically, SHIB's price chart shows some bearish signals. First, the price failed to break above the 50-day exponential moving average (EMA) and failed to break above the key psychological barrier of $0.000020. These are signs of concern among holders.
However, it is worth noting that SHIB's spot trading volume surged to $1.1 billion in the past day, a 200% increase from the day before. This could indicate that investors are buying on the dip, but it could also mean a massive sell-off. Judging from the current price action, it seems more like the latter.
It is too early to predict whether SHIB can rebound from its downturn. The next key support level is around $0.000015, and if the situation does not improve, the price may fall further by 12%.
In addition, the impact of the WazirX hack is still ongoing, and investor sentiment remains nervous. This may further depress the price of SHIB. To make matters worse, the Shiba Inu team has not released any major announcements or updates recently, lacking news to inspire investor confidence.
In this case, the outlook for SHIB looks relatively pessimistic. The only hope is that the entire meme coin market will enter a bull market again, and SHIB may regain some of its lost ground. But for now, SHIB holders need to be prepared for market fluctuations.
Worried that market fluctuations will affect your investment decisions? , Don't know how to avoid risks, buy high and sell low, share for free, 👇👇 Hurry up and click Q: b🍋t🍋c🍋 6🍋9🍋5🍋4, or follow the official account: Lao Wu Linghang, find me. Join me in seeking opportunities for wealth growth in the crypto market!
It’s not easy to write a post, please like it, leave a message, or comment if you have time! I will definitely reply individually! Thank you! ❤️
Chainlink (LINK) Price Outlook: Forecast for 2024 and Beyond
Altcoins are breaking down at key levels as the market corrects. In particular, Chainlink (LINK) is approaching solid support. Bitcoin’s price drop to $57,000 and the market sentiment turning bearish could push LINK’s price below $10. This raises an important question: “How high will LINK go in 2024?” LINK Price Prediction **July 2024** Currently, the price of LINK is trading sideways around $12, with the bullish trend failing to break through the high of $22. The market correction has caused the altcoin’s price to fall by 30%, with support now at $12. A break below $12 could test the psychological $10 mark and put pressure on the $8 support area. Optimistically, LINK could rise to $15 by the end of this month. Chainlink currently ranks 13th with a market cap of $9.674 billion, 67% below its all-time high of $54.40.
**Second half of 2024** If LINK price breaks through the key resistance level of $17, it could trigger a bullish breakout and drive the price higher. If it breaks through $20, it could reach a new high of $60. However, if the market sees a correction, the price could retest $20.
**2025 Forecast** LINK is expected to reach $103.13 in 2025, but could fall to $41.44 if the market crashes. If the application of smart contracts continues to grow, the average price could be around $72.29.
Since the end of 2017, the price of LINK has grown from close to $0.488, and after a drop in 2018, it reached $19.75 at the end of 2021. In 2022, the price fluctuated between $15 and $21.
Although the foundation of on-chain technology and applications is strong, LINK reaching $100 by 2025 still depends on market conditions and technology adoption. Investors should invest cautiously and make decisions based on market volatility and personal risk tolerance.
Worried that market volatility will affect your investment decisions? , Don't know how to avoid risks, sell high and buy low, share for free, 👉点击这里找到我 Or follow the official account: "Lao Wu Pilot"