The area around 80 is the dividing line between bulls and bears for this cycle. It's normal for it to briefly break through; it doesn't matter. If the solid line goes down to 7 or even 6, it means that both the US stock market and the B circle are heading into a bear market. $BTC
What category of player do you belong to in the crypto world? Top players earn Bitcoin, second-tier players earn USDT, Third-tier players mess around with altcoins, and fourth-tier players are reckless gamblers, using 20-100x leverage all day, losing everything and getting liquidated, then they go around the world being haters and trolls, cursing heaven and earth and even their wives, and when they get angry, they even curse themselves. My current understanding of this market and investment strategy is: Bitcoin is in a perpetual bull market, continuously spiraling upwards, so don’t touch your Bitcoin spot holdings, when it dips 20-30%, buy low-leverage altcoins, when it goes up, sell the altcoins and continue to buy more spot, constantly increasing your Bitcoin holdings.
I'm going crazy 😂 Is it really this hard to find a web3 job? Either the salary doesn't match Or they want me to be based in North America I just want to stay honestly in Shenzhen Is it really that difficult? I don't believe it 🤨 Family, wait for my good news #web3兼职
Have you made money this cycle? Old investors know that in the last cycle, it was easy to make money; you just had to mindlessly buy altcoins and wait for them to soar! But what about this cycle? I believe many seasoned investors haven't made much money! Why? Because the last cycle was about expanding the industry, so Bitcoin could rise, and altcoins could rise too. This cycle is about refining the cake; every surge in Bitcoin will have some altcoin sectors following it up, and some may even rise more than Bitcoin. However, after this surge, the next wave will fizzle out. This cycle started with Ethereum Layer 2 rising, then artificial intelligence began to rise, and then it kept switching, constantly cutting! In the end, Bitcoin reaches new highs, and altcoins are left in chaos, with very poor profit effects! So, up to this point in the cycle, have you made any money?
8.0 This position is the adjustment limit of the most recent upward pattern; spot should be fully loaded at this point; 7.0 is the adjustment limit of the cyclical pattern, and this position should also be fully loaded at low multiples of 3-5 times; at 5.5 it is the black swan limit, and it can even be said to be the bottom of the next bear market, all the pots, bowls, tickets, and pans at home should be taken out to receive goods.
The "Carving a Boat to Seek a Sword" Series: Will the Bitcoin Trend Really Recur?
Hey, look, the current trend of Bitcoin is just like it was back in mid-June 2023, almost as if it were carved from the same mold.
First, let's look at the candlestick chart. Previously, it was swaying and fluctuating at a high position for several months, then there was a brief daily rebound on the MA120 line, but it didn't take long before it broke down again. Now, similarly, after some time of oscillation at a high position, there was a daily rebound at the MA120, followed by another downward movement, the trend is identical. Take a look at the multi-day CCI chart; it was a pullback pattern before, and now it is again, simply incredible.
After that wave of market activity in mid-June 2023, the Bitcoin price surged towards the middle track of the resistance line, even breaking the previous high during the fluctuations. Given the current situation, if the trend continues to align with the previous one, the Bitcoin price might really rise all the way to the upper line of the resistance line, and if it reaches that point, the price could break 110,000. This might just be another chance for everyone to "escape." However, on the flip side, the market can’t be predicted so simply; even though there are similarities, no one can guarantee the future will follow this script, so everyone should still be cautious. #BTC走势分析
Many founders work on projects with a single-minded pursuit of their vision, which is quite admirable. But for the community and ordinary people, this is of little use. Gaining community recognition of your values and working together towards a common vision is the key.
Many idealistic entrepreneurs issue assets on the blockchain, only to fall into PVP competition. There's no sympathy here, as all participants want 'bread' that can solve basic needs, not the 'refined arts' and other abstract pursuits.
In the past, VC groups would set up and launch on exchanges, relying on creating a high market value and deep trading pairs for long-term development. However, this has instead become a reason for subsequent declines, and it's no wonder they are labeled as 'scissors'.
It's worth reflecting: project parties feel the on-chain world lacks ideals and builders, while those on-chain feel project parties are unrealistic and quite cruel. Everyone has different thoughts; participants want to change their fate, while project parties discuss embellishing life.
This mutual misunderstanding is the biggest problem in marketing during this market cycle. The crypto world really needs more mutual understanding and faith.