Thien Chuong
Open Trade
BNB Holder
High-Frequency Trader
3.8 Years
46 Following
30 Followers
29 Liked
4 Shared
See original
PINNED
Tonight, December 30, 2024, the cryptocurrency market is experiencing notable fluctuations. Below is a detailed situation of some top cryptocurrencies:
• Ethereum ($ETH )
Currently trading at $3,331.10, down 1.09% compared to yesterday.
• BNB $BNB
Currently at $694.07, down 2.31% in the last 24 hours.
• XRP ($XRP
): The current price is $2.03, down 6.02% from the previous session.
• Cardano (Ada): Trading at $0.838784, down 5.46% for the day.
• Dogecoin (DOGE): Currently at $0.310923, down 2.97% compared to 24 hours ago.
• Solana (SOL): The current price is $187.67, down 3.58% for the day.
• Polkadot (DOT): Trading at $6.62, down 5.29% compared to yesterday.
• Litecoin (LTC): Currently at $98.64, down 1.93% in the last 24 hours.
• Chainlink (LINK): The current price is $20.29, down 5.28% from the previous session.
Overall, the cryptocurrency market is undergoing a widespread downward correction. Investors should closely monitor fluctuations and carefully consider before making investment decisions.
• Ethereum ($ETH )
Currently trading at $3,331.10, down 1.09% compared to yesterday.
• BNB $BNB
Currently at $694.07, down 2.31% in the last 24 hours.
• XRP ($XRP
): The current price is $2.03, down 6.02% from the previous session.
• Cardano (Ada): Trading at $0.838784, down 5.46% for the day.
• Dogecoin (DOGE): Currently at $0.310923, down 2.97% compared to 24 hours ago.
• Solana (SOL): The current price is $187.67, down 3.58% for the day.
• Polkadot (DOT): Trading at $6.62, down 5.29% compared to yesterday.
• Litecoin (LTC): Currently at $98.64, down 1.93% in the last 24 hours.
• Chainlink (LINK): The current price is $20.29, down 5.28% from the previous session.
Overall, the cryptocurrency market is undergoing a widespread downward correction. Investors should closely monitor fluctuations and carefully consider before making investment decisions.
See original
Analysis of chart $BTC
Time frame: 1 week (1W)
Current price: 83.112 USDT (-3.66%)
24h volatility:
• Highest price: 86.500 USDT
• Lowest price: 82.223 USDT
1. Overall trend
• Short-term: The price is sharply decreasing with a large red candle, closing below the nearest support level (86.123 USDT).
• Medium-term: After reaching a peak of 109.588 USDT, BTC shows signs of strong correction, breaking down below MA10 (208.097 USDT) and approaching near MA5 (224.459 USDT).
• Long-term: Still in an uptrend as the 180-day increase (+46.26%) and 1-year increase (+22.04%) remain positive.
2. Support & resistance
• Resistance: 86.500 USDT (nearest peak), followed by 101.537 USDT.
• Support: 82.223 USDT (lowest of 24h), followed by the area around 70.708 USDT (long-term MA support).
3. Bollinger Bands (BOLL) indicator
• Price has fallen below the Middle Band (MB: 92.869 USDT), indicating strong downward momentum.
• Lower Band (55.294 USDT) could be a target if the downtrend continues.
4. Trading volume (Volume)
• Volume is increasing as the price decreases, indicating selling pressure is dominating.
• If the volume continues to remain high, the price may adjust further downwards.
5. Assessment & Trading strategy
• Short-term: If BTC breaks below the support of 82.223 USDT, it could drop to the area of 70.708 USDT. If reversal signals appear at support, a long position may be taken.
• Medium-term: If BTC bounces from the support of 82.223 USDT, a recovery up to 86.500 USDT can be expected before testing the downtrend again.
• Long-term: If BTC stays above 70,000 USDT and accumulates well, further long-term uptrend can be anticipated.
Are you holding BTC or planning to trade?
Time frame: 1 week (1W)
Current price: 83.112 USDT (-3.66%)
24h volatility:
• Highest price: 86.500 USDT
• Lowest price: 82.223 USDT
1. Overall trend
• Short-term: The price is sharply decreasing with a large red candle, closing below the nearest support level (86.123 USDT).
• Medium-term: After reaching a peak of 109.588 USDT, BTC shows signs of strong correction, breaking down below MA10 (208.097 USDT) and approaching near MA5 (224.459 USDT).
• Long-term: Still in an uptrend as the 180-day increase (+46.26%) and 1-year increase (+22.04%) remain positive.
2. Support & resistance
• Resistance: 86.500 USDT (nearest peak), followed by 101.537 USDT.
• Support: 82.223 USDT (lowest of 24h), followed by the area around 70.708 USDT (long-term MA support).
3. Bollinger Bands (BOLL) indicator
• Price has fallen below the Middle Band (MB: 92.869 USDT), indicating strong downward momentum.
• Lower Band (55.294 USDT) could be a target if the downtrend continues.
4. Trading volume (Volume)
• Volume is increasing as the price decreases, indicating selling pressure is dominating.
• If the volume continues to remain high, the price may adjust further downwards.
5. Assessment & Trading strategy
• Short-term: If BTC breaks below the support of 82.223 USDT, it could drop to the area of 70.708 USDT. If reversal signals appear at support, a long position may be taken.
• Medium-term: If BTC bounces from the support of 82.223 USDT, a recovery up to 86.500 USDT can be expected before testing the downtrend again.
• Long-term: If BTC stays above 70,000 USDT and accumulates well, further long-term uptrend can be anticipated.
Are you holding BTC or planning to trade?
See original
On March 7, 2025, President Donald Trump hosted the first cryptocurrency summit at the White House, reaffirming the commitment to making the United States the 'crypto capital of the world.' He announced the establishment of the Strategic Bitcoin Reserve and the National Digital Asset Vault, using seized digital assets to promote economic and technological growth. Trump emphasized that this would not incur additional costs for taxpayers. The conference featured many industry leaders, including Michael Saylor and Brian Armstrong, to discuss market structure and regulations for cryptocurrency.
See original
$USDC USDC (USD Coin) is a stablecoin issued by Circle and is backed 1:1 by USD. It has high transparency, is regularly audited, and is widely used in DeFi, cross-border payments, and crypto trading. Compared to USDT, USDC is considered safer due to its transparent reserves and strict compliance with financial regulations. However, risks still exist, especially as Circle relies on the traditional banking system. In the future, USDC may expand its role, especially in CBDCs and blockchain payment solutions. Investors should monitor relevant regulatory policies.
See original
President Trump's speech highlighted the deep divisions in American politics, with mixed reactions from both sides.
See original
$ADA ADA has potential but needs to closely monitor development progress and the ability to attract cash flow into the ecosystem. If you invest, consider a long-term strategy.
See original
#TokenMovementSignals Track token movements (#TokenMovementSignals) provide important information about investor behavior and cryptocurrency market trends. Large flows of tokens into or out of exchanges can signal strong buying or selling pressure, affecting prices. On-chain analytics tools help monitor these movements, helping investors make more informed decisions.
See original
#ActiveUserImpact The number of active users (#ActiveUserImpact) plays an important role in determining the value of cryptocurrencies. As the number of users increases, the demand for buying and using cryptocurrencies also increases, leading to an increase in its value. Conversely, when the number of users decreases, the demand decreases, leading to a decrease in value. Therefore, monitoring and analyzing the number of active users is an important factor for investors to assess the potential and trends of the cryptocurrency market.
See original
#PriceTrendAnalysis Current trends in the cryptocurrency market
As of February 22, 2025, the cryptocurrency market is experiencing significant volatility. The price of Bitcoin is fluctuating within a range due to instability from the policies of the U.S. Federal Reserve (Fed) and other economic factors. Some analysts predict that altcoins could drop 20%-40% before the actual bull run begins.
As of February 22, 2025, the cryptocurrency market is experiencing significant volatility. The price of Bitcoin is fluctuating within a range due to instability from the policies of the U.S. Federal Reserve (Fed) and other economic factors. Some analysts predict that altcoins could drop 20%-40% before the actual bull run begins.
See original
#OnChainInsights The use of on-chain analysis is becoming increasingly important, especially as the cryptocurrency market evolves and attracts interest from traditional investors. By monitoring metrics such as the number of active addresses, transaction volume, and key entities on the network, investors can make decisions based on real data rather than mere speculation.
However, it is important to note that on-chain analysis is just one part of the overall picture. Combining it with other analysis methods, such as technical and fundamental analysis, will help make more comprehensive and accurate investment decisions.
However, it is important to note that on-chain analysis is just one part of the overall picture. Combining it with other analysis methods, such as technical and fundamental analysis, will help make more comprehensive and accurate investment decisions.
See original
#LitecoinETF According to analysts from Bloomberg, the Litecoin ETF fund has a high probability of being approved by the U.S. Securities and Exchange Commission (SEC), with a rate of up to 90%. This is reinforced by Canary Capital's application for the Litecoin ETF and listing on the Depos system.
See original
CoinShares and Grayscale have filed new ETF registration applications, while the SEC's first review deadline for Solana ETF applications is set for January 25, 2025. With major players like VanEck and Bitwise in the game, could this be the next big step for cryptocurrency ETFs? Will Solana ETFs be approved and bring new capital flows from institutions? Please share your thoughts below!
#SOLETFsOnTheHorizon
#SOLETFsOnTheHorizon
See original
Míaaaa, looking at it that way is suspicious, thought it would go up right away, that would be nice :)) but if it goes down, just DCA 🤣🤣🤣🤣
Trading Insight_DN
--
🔥 Surrounding the story of the market drop yesterday "How did you know the market would drop but only cut 2 profitable stocks without announcing to cut everything?"
I updated BTC and there was a comment saying, "BTC didn't reach 103k, it's not following the plan, so how can you analyze it?"
1. Regarding BTC... I beg you all, I sincerely ask you. I expected BTC to rise to 103.x and then drop, it went up to 102.5 and then dropped, so how can I calculate that?
I am human too, and if the market makers manipulate it and the market moves faster than I can draw, what can I do? :)))) I have a view that close, and if you still say it's not correct, then I accept that.
2. Why did we urgently close 2 stocks without announcement? At 00:00 on January 7th and throughout the day on the 7th, I warned about BTC pumping faster than expected + USDT fluctuations.
I foresaw this, and yesterday when BTC didn't sideway but dropped from 101,900 to 101,000, I already felt uneasy, confirming the candle below 100,800, that's why I posted to close urgently. The stocks are still held because "holding requires a bit of patience, it’s not margin, so don’t rush" I am also holding like everyone, we are all worried.
📌 I intended to announce to close all profitable stocks... but you all must understand this: "The signals I update publicly, many of you have different entry points, some are making a profit, some are at a loss, and with positions in between that are slightly profitable, I cannot announce a closure because closing would immediately cause a loss for many of you" that would be irresponsible, playing recklessly like some others, I cannot do that. I do this and stand among the majority, so I hope you all can somewhat understand my position.
Content comes naturally, it's not like I can draw the content quickly to write it. So everyone invests, you also have to keep a cool head, we are all the same, we are all investors with the aim of making money. Don’t put too much pressure on each other, or else it will drive you crazy.
I updated BTC and there was a comment saying, "BTC didn't reach 103k, it's not following the plan, so how can you analyze it?"
1. Regarding BTC... I beg you all, I sincerely ask you. I expected BTC to rise to 103.x and then drop, it went up to 102.5 and then dropped, so how can I calculate that?
I am human too, and if the market makers manipulate it and the market moves faster than I can draw, what can I do? :)))) I have a view that close, and if you still say it's not correct, then I accept that.
2. Why did we urgently close 2 stocks without announcement? At 00:00 on January 7th and throughout the day on the 7th, I warned about BTC pumping faster than expected + USDT fluctuations.
I foresaw this, and yesterday when BTC didn't sideway but dropped from 101,900 to 101,000, I already felt uneasy, confirming the candle below 100,800, that's why I posted to close urgently. The stocks are still held because "holding requires a bit of patience, it’s not margin, so don’t rush" I am also holding like everyone, we are all worried.
📌 I intended to announce to close all profitable stocks... but you all must understand this: "The signals I update publicly, many of you have different entry points, some are making a profit, some are at a loss, and with positions in between that are slightly profitable, I cannot announce a closure because closing would immediately cause a loss for many of you" that would be irresponsible, playing recklessly like some others, I cannot do that. I do this and stand among the majority, so I hope you all can somewhat understand my position.
Content comes naturally, it's not like I can draw the content quickly to write it. So everyone invests, you also have to keep a cool head, we are all the same, we are all investors with the aim of making money. Don’t put too much pressure on each other, or else it will drive you crazy.
See original
🇻🇳People are still trading bitcoin, but there is no legal basis yet
A new and complex issue:
•Digital assets, virtual assets, and cryptocurrency are new, rapidly developing fields that lack a complete and unified legal framework both domestically and internationally.
Draft Law on Digital Technology Industry:
•Digital assets: Are assets represented in the form of digital data, created and verified by digital technology.
•Virtual assets: Are a type of digital asset used for trading, payment, or investment, excluding securities or fiat money.
•Cryptocurrency: Is a digital asset created and stored using blockchain technology or similar technology.
The Prime Minister has also tasked the Ministry of Justice to take the lead, coordinating with relevant ministries and agencies to urgently propose and finalize the legal framework for the management and handling of virtual money and virtual assets.
A new and complex issue:
•Digital assets, virtual assets, and cryptocurrency are new, rapidly developing fields that lack a complete and unified legal framework both domestically and internationally.
Draft Law on Digital Technology Industry:
•Digital assets: Are assets represented in the form of digital data, created and verified by digital technology.
•Virtual assets: Are a type of digital asset used for trading, payment, or investment, excluding securities or fiat money.
•Cryptocurrency: Is a digital asset created and stored using blockchain technology or similar technology.
The Prime Minister has also tasked the Ministry of Justice to take the lead, coordinating with relevant ministries and agencies to urgently propose and finalize the legal framework for the management and handling of virtual money and virtual assets.
See original
Currently, the price of Dogecoin ($DOGE ) is fluctuating around $0.31786, with a trading volume over the past 24 hours of approximately $2.15 billion USD.
Price trend: Over the past 24 hours, the price of DOGE has decreased slightly by about 1.10%.
Support and resistance levels: The nearest support level is identified around $0.30, while the nearest resistance level is $0.33.
By 2025: Some forecasts suggest that the price of DOGE could reach an average of around $0.3243, with a projected high of $0.4508 and possibly even higher, so make sure to invest in time.
Good luck and Happy New Year !!!!
See original
Top coins with the highest trading volume in the last 24 hours:
$BTC : Trading volume of approximately 36.99 billion USD.
$ETH : Trading volume of approximately 17.95 billion USD.
$XRP : Trading volume of approximately 4.58 billion USD.
------------------
**XRP being among the top trading volumes may be due to positive information related to Ripple's legal cases, leading investors to expect growth potential in the future.
#BtcNewHolder #XRPRealityCheck #BNB_Market_Update #TopCryptoCurrency
$
$BTC : Trading volume of approximately 36.99 billion USD.
$ETH : Trading volume of approximately 17.95 billion USD.
$XRP : Trading volume of approximately 4.58 billion USD.
------------------
**XRP being among the top trading volumes may be due to positive information related to Ripple's legal cases, leading investors to expect growth potential in the future.
#BtcNewHolder #XRPRealityCheck #BNB_Market_Update #TopCryptoCurrency
$
See original
If checking the coin price daily makes you anxious, consider: are you investing or day trading? Investing requires research, patience, emotional control, and capital management to achieve long-term value. Wishing you success
The moment you open your eyes, you grab your PHONE to check the price. So do you really understand the two words "INVESTMENT" correctly?
If every morning you open your eyes and rush to check the coin price like people waiting for the lottery, then perhaps you don’t fully understand the nature of investing. Don’t worry, you’re not the only one who feels excited when prices rise or sad and irritable when they fall.
But stop for a moment and ask yourself: Is this the mindset of an investor or a day trader?
The Difference Between Investing and Day Trading
But stop for a moment and ask yourself: Is this the mindset of an investor or a day trader?
The Difference Between Investing and Day Trading
Login to explore more contents
Explore the latest crypto news
⚡️ Be a part of the latests discussions in crypto
💬 Interact with your favorite creators
👍 Enjoy content that interests you
Email / Phone number
Trending Topics
BinanceHODLerSTO
198,449 views
1,464 Discussing
Binance Announces StakeStone (STO) Listing With Retroactive Airdrops for BNB Holders
Binance News
12 Likes
6.1k views
DigitalAssetBill
529,873 views
10,924 Discussing
SaylorBTCPurchase
34.8M views
56,876 Discussing
