Looking at the market, I didn't want to say anything. I have said it very clearly a few days ago. But seeing that many people are panicking and selling at a loss, I can't help but come up and say a few words. What is the reason for this decline? When did it start? At first, it was the compensation of Mentougou and the transfer of Bitcoin by the US government. These are actually easy to explain, because their coins will eventually run out, not to mention that the US government does not necessarily want to sell the transferred Bitcoin. Next, the Middle East started fighting again. This actually has no big impact. Everyone is used to it. The Middle East has not really been quiet for so many years. The real lethality is that the economic data released by the United States is not good, which is far beyond the market's expectations. The bad data makes everyone feel that they are going to enter a recession. What does recession mean? It means that everyone has no money, and they have to live a tight life, and they have no money to invest. This is also the reason for the decline of US stocks, but don't forget that this is only one month's data. The main reason is more of a temporary factor. The recession still needs more data verification. Even if the next data is still not good, The Fed will not sit idly by. They will take all possible measures to regulate. History has proved that they have many tools and they are effective. There is no need to be so pessimistic. Now the main force is just using the news to smash the market and make profits, and to clean up the unsteady chips. With the current low price of Bitcoin and Ethereum, there is definitely a need for a rebound in the short term. Going down is just an emotional catharsis. Students with bullets continue to buy the targets they are optimistic about. Those without bullets should also control their hands. Don't be carried away by emotions and sell at a loss. At least wait for a rebound before selling. That's all. Students, take care of yourself! #美国7月非农就业增长放缓 #美联储何时降息? #美国政府转移BTC $BTC
Satoshi Nakamoto is the pseudonym of the mysterious individual or group that created Bitcoin. Bitcoin is a revolutionary digital currency that popularized the concept of decentralized, peer-to-peer transactions without the need for intermediaries such as banks. Despite its current popularity and the growth of the entire cryptocurrency market, the identity of its creator remains a mystery. How did Bitcoin start? The birth of Bitcoin can be traced back to the aftermath of the 2008 financial crisis, a critical moment that exposed vulnerabilities in the global financial system. Satoshi Nakamoto introduced Bitcoin to the world through a white paper published on October 31, 2008. In the white paper, titled "Bitcoin: A Peer-to-Peer Electronic Cash System," he proposed a revolutionary decentralized financial system that would operate without intermediaries such as banks. The system was built on a technology known as blockchain, a public ledger of all transactions that ensures transparency and security.
Happy National Day, everyone. September has passed. Although this month has not performed well in history, this year has really given us a big surprise. Bitcoin closed up 7.35% in September, setting a record for the best performance in history. Because I was looking for a sword on a boat, I chose to stay put in September and missed some cheap chips at the bottom, but I don’t regret it, because I have already got enough low-priced chips in the previous few months. The rest will be left to those brave students. There is never a lack of opportunities in the market. Look, didn’t the market crash again today? But it is worth noting that if Bitcoin performs well in September in history, the market will not be bad in the future. Let’s look at the market again and see how the market will be before the end of the year. I am bullish, what about you?
Today's market rose quite well, which made the air force a little uncomfortable and restored some confidence to the bulls. However, given the poor performance in September in history, many people are still a little uneasy. It is hard to say whether the 52,500 a few days ago was a successful second bottoming out. However, there are a lot of news in the past two days. Today, Trump and Harris debated, and there will be a US congressional hearing. In addition, the US will announce the CPI and PPI indexes tomorrow and the day after tomorrow. The market fluctuations are expected to be relatively large. Those who play contracts are blessed. As long as they can make the right direction, I will still wait and see. Anyway, I have bought what I should buy. Unless there is another deep pit, I will not buy it. Let's wait and see everything after September. $BTC
Unfortunately, I was right again. The main force once again exploded in both long and short positions. It is becoming increasingly difficult to trade in the short term. It is better to calm down and do something else, such as recharging or airdropping. The more frequent the transaction, the better. A few times a year is enough. As long as you understand the general direction, control your hands and move your legs, it is hard not to make money.
There are a lot of news in September. The cryptocurrency world in September should be very exciting. Let's move our stools, prepare tea and melon seeds and watch the show: September 6: US unemployment rate announced September 10: Trump vs Harris TV debate September 10: US Congress Defi-related hearing September 11: US CPI index announced September 12: US PPI index announced September 18: Federal Reserve interest rate decision day (whether to cut interest rates) September 18: US Congress held a hearing on the cryptocurrency pig-killing scheme September 23: US Congress held a hearing on the SEC's cryptocurrency enforcement power September 29: CZ regained his freedom
Yesterday, the market was full of bearish voices, but today it rose sharply. Sure enough, the market trend is contrary to most people's expectations. Even if there is no good news that Starbucks accepts Bitcoin payments, the main force will also burst a wave of air force. The news just makes it easier for the main force to stir up trouble. The short-term market is always confusing and difficult to grasp, but the general direction will not change. The magnificent bull market will be next year. As for the current market, I still tend to rebound from oversold. There will be big fluctuations this month. The main force will not give up the opportunity of a double explosion of long and short positions, so we just move a small bench and watch the show quietly. Anyway, we have bought what we should buy. Unless there is another plunge, I will not enter the market again. $BTC $ETH
After looking around the square, I saw bearish voices everywhere. No wonder, the market has been falling for several days, and the rebounds have been weaker than the last. The altcoins are even worse. According to the rule, the decline will generally end with a plunge before it can stop falling and rebound. So many people are waiting for the final plunge. In addition, the performance in September in the past few years has not been very good, and it is impossible to be optimistic about the market this month. But being bearish does not mean short selling. Be careful that the main force may make trouble and kill a wave of air forces. So the safest way is to neither go long nor short. When you have time, read more books, exercise, and appreciate the beautiful autumn scenery. I believe everything will be fine after this month.
According to Deribit data, BTC options and ETH options with a total nominal value of approximately $5.01 billion will expire tomorrow. Among them, the nominal value of BTC options that are about to expire is $3.66 billion, the Put Call Ratio is 0.59, and the maximum pain point is $61,000; the nominal value of ETH options that are about to expire is $1.35 billion, the Put Call Ratio is 0.49, and the maximum pain point is $2,800. The maximum pain point price of the option is for the buyer, which makes the buyer's profit the smallest and the loss the largest, or the seller's loss the smallest and the profit the largest. The maximum pain point of option delivery has a certain impact on the BTC trend. When the delivery option is about to expire, if the current price is close to the maximum pain point price, then the main force will try to make the current price as close to the maximum pain point price as possible, so that the main force's profit and loss ratio is the highest and most profitable when the option is delivered. If the price difference between the two is too far, then the main force will pull to the maximum pain point of delivery. This position consumes a lot of costs, the cost is too high, and the profit and loss ratio is too small, then the main force will give up the maximum profit of this delivery. As far as this delivery is concerned, it doesn’t seem to be too difficult to pull it up from more than 59,000 to the maximum pain point of 61,000. The main force doesn’t know whether to pull it up. However, judging from the option expiration delivery on the 16th, Bitcoin fell more than 3,000 points on the night of the 15th, and it was not pulled to the maximum pain point during the delivery. So how will the main force perform in this delivery? Let’s wait and see! $BTC $ETH
Last night, Bitcoin once again fell below 58,000. Although it has rebounded now, it still looks shaky. The big rise on the 23rd now seems to be the main force taking advantage of the news to blow up the market, which makes many bulls disappointed. Why hasn't it risen sharply? When will the unilateral market come? Historically, the previous Bitcoin production halvings began to slowly climb half a year after it began to rise, and reached its peak a year later. If we cut the boat to find the sword, it will not rise slowly this time until October. Let's talk about the impact of the interest rate cut. Similarly, cut the boat to find the sword. In history, the Fed did not rise immediately after the interest rate cut. Instead, as many people said, the good news turned into bad news, and it fell instead. Finally, after the interest rate cuts were repeated many times, the liquidity became abundant and brought about a big rise in the market. Therefore, the idea of an immediate surge after the interest rate cut is unrealistic and very dangerous. The market is fluctuating now. The main force uses the news to make empty and long positions from time to time. We can only follow the trend and watch the main force perform quietly. If there is another sharp drop, such as falling below 50,000, then buy some more. If not, just wait and see, waiting for the arrival of the time node. $BTC
Let me share a token that I am optimistic about, which is the meme coin Dogs that has been very popular recently. Dogs is a meme coin that embodies the spirit of Telegram. Its black and white dog image is inspired by Telegram founder Pavel Durov. The Dogs project has successfully attracted a large number of users by airdropping token points to Telegram users, using simple and easy-to-understand rules and operating methods, as well as the "zero threshold" feature. There are two main reasons to buy Dogs now: one is the strong community support. Telegram's 900 million monthly active users determine that Dogs is still very popular. Many people spontaneously promote Dogs on major social platforms. As we all know, this is the vitality of meme coins; the second is that the project team is powerful. They not only launched a series of activities to promote Dogs, but also knew when to advance and retreat. They announced the total amount of tokens in time before Dogs went public, and airdropped most of the tokens to the community and users, which shows that they still have a certain pattern and are not the kind of team that focuses on cutting leeks. Of course, the future of Ton ecosystem is uncertain now because of the arrest of Lao Du, but Lao Du’s arrest is mostly due to political reasons, not because of any major problems with Telegram itself. I believe that after the game behind the scenes of various forces, the Ton ecosystem will return to normal, and Dogs, as a popular token in its ecosystem, will also soar. Dogs, you deserve it! $DOGS
The market has started to adjust again. It's still the old rule. Buy when it falls and sell when it rises. Anyway, the big market will be next year. Don't be in a hurry. Just play with the main force slowly. Now let's see what news there is today: 1. French President Macron said that Durov's arrest was not for political reasons Comment: Politicians' mouths are deceiving ghosts. It would be strange if Durov was not arrested for political reasons! According to rumors, Durov was arrested because his girlfriend kept posting photos and positioning on TikTok and IG during her travels. Alas, heroes are hard to resist beauty. This is another hero who was delayed by beauty. Three seconds of silence! 2. Cryptocurrency investment products ushered in the largest inflow in five weeks Driven by expectations of interest rate cuts in the United States, the purchase speed of cryptocurrency-related ETPs last week set the largest inflow in the past five weeks. Comment: These funds are not here to watch the show. Quantitative changes will always lead to qualitative changes. Wait. 3. Polygon, Avalanche and ZKsync's Discord were hacked. Avalanche recently posted on X that its Discord server has been hacked, and called on users not to interact with or click on any links. Comment: The theft problem in the crypto world is a commonplace, and this is normal. Where there is more wealth, there are more robbers and scammers, not to mention the unregulated nature of the field itself. Students can only be more careful and don't click on any unknown links easily, otherwise all the hard-earned silver will be contributed to hackers. $BTC
The good days for bulls are coming. You can see from my previous posts that I have been reminding everyone to buy on dips for the past two months. The real market will come next year. A decline is an opportunity to buy. I don’t know how many people listened to my advice and did not fall in the darkness before dawn, and I don’t know how many people have blown up their positions because of short orders. Of course, those who haven’t bought yet should not chase high prices now. Although most altcoins are still at a relative bottom, they will not rise directly. The rise is always in waves. Just buy boldly when it falls back again! #美联储何时降息? #美联储降息周期 $BTC
This big wave is really coming, everyone should hold on tight, especially don't short easily, don't go against the trend, choice is more important than effort, I hope our choices are correct, let us all achieve financial freedom soon! $BTC