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Analyst: The big pancake broke through and stabilized at 90000, bullish Retail Investor: Got it Retail Investor: It's at 91000, did it break through? Analyst: It broke through Retail Investor: I'm in Retail Investor: It fell to 89000 again, what to do? Analyst: Didn't I say to wait for it to break through and stabilize before entering? Retail Investor: It has risen, now 91500, has it stabilized after breaking through? Analyst: It has stabilized after breaking through, you can enter now Retail Investor: Okay, I'm all in Retail Investor: Oh no, it's at 85000, what to do? Analyst: Idiot, blocked Retail Investor: Damn it
The project party of $SSV has no liquidity in this pattern, just wait for the exchange announcement to enter the observer list. Even if it can rise later, it's still garbage.
$SSV What the hell is this dead garbage coin, how could you buy this trash, even if it rises later you are still garbage, the dog fund has no vision at all.
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A list of important developments on the evening of September 30
12:00-21:00 Keywords: EigenLayer, Japan, CoinShares, Ethereum Foundation 1. Bithumb is considering listing on the Nasdaq in the United States; 2. Binance will launch EigenLayer and apply seed tags; 3. CoinShares: The total inflow of digital asset investment products reached US$1.2 billion last week; 4. CleanSpark CEO: Bitcoin is expected to be close to US$200,000 in the next 18 months; 5. Japan will begin a review of cryptocurrency rules, which may reduce taxes on digital assets; 6. The Ethereum Foundation sold 100 ETH 10 minutes ago and has sold 3,766 ETH so far this year. $BTC $ETH
As the US election gradually enters its climax, the market is more sensitive to the price fluctuations of Bitcoin and other cryptocurrencies. As market observers expected, the presidential election in November will have a significant impact on the cryptocurrency market, and the confrontation between Trump and Harris in the first debate has triggered a fierce reaction in the market. Differences between Trump and Harris There are clear differences between the policy stances of former President Trump and current Vice President Harris on cryptocurrencies. Trump has publicly expressed his support for Bitcoin and promised to build a U.S. Bitcoin reserve. This promise is seen as a major positive by the cryptocurrency market and may attract more investors to the market. He also said that he would push more Bitcoin miners to stay in the United States to ensure that the United States maintains its leading position in Bitcoin mining. The Republican Party has historically been considered to have a more relaxed regulatory attitude towards digital assets, so the market generally believes that Trump's victory will drive up the prices of Bitcoin and other cryptocurrencies.
According to SpotOnChain monitoring, the Ethereum Foundation sold another $100 ETH for $262,474 DAI this afternoon. So far in 2024, the Ethereum Foundation has sold $3,766 of Ethereum directly through CoWSwap in exchange for $10.46 million in DAI, with an average price of $2,777. It is worth noting that $3.06 million of ETH has been sold in September alone.
CleanSpark CEO: Bitcoin is expected to approach $200,000 in the next 18 months Golden Finance reported that CleanSpark CEO Zach Bradford said in an interview with Bernstein that he expects Bitcoin to reach a peak of nearly $200,000 in the next 18 months. Bradford also pointed out that miners who focus on Bitcoin are currently undervalued and believe that Bitcoin prices may rise after the US election. CleanSpark has held 97% of mined Bitcoin since June 2023 and currently holds nearly 8,000 BTC.
Bitcoin Price and Crypto Investment Outlook: How Slowing Inflation Will Drive the Market
As the global macroeconomic situation changes, especially the reduction of inflationary pressure and the potential shift in central bank policies, Bitcoin prices and the entire cryptocurrency market are welcoming new opportunities. The current signs of slowing inflation and the market's expectations of future monetary policy easing may have a long-term positive impact on Bitcoin and other digital assets. By deeply analyzing market data and economic trends, we can more clearly see the far-reaching impact of these changes on the crypto market. The profound impact of the macroeconomic environment on cryptocurrencies Inflation and monetary policy are two important factors that determine the trend of global financial markets, and the cryptocurrency market is particularly sensitive to these variables. Currently, major economies around the world, especially the United States, are in a stage where inflation growth is gradually slowing down. According to important indicators such as personal consumption expenditures (PCE), price pressures have eased, which provides more policy space for the Federal Reserve and other central banks. In particular, after the Federal Reserve has raised interest rates continuously, the market expects the policy to turn to easing, and there may even be the possibility of a rate cut.
This decline is a typical correction after the bull market is overbought, and the market performance in Q4 is still optimistic. According to the news on September 30, Bitcoin fell from above $65,000 to a minimum of around $62,200 today. According to the report of big data, this decline seems to be a typical bull market correction after the overbought situation. Markus Thielen also expressed his optimism about Q4. The optimism about the fourth quarter mainly stems from the expectation that the Federal Reserve will cut interest rates by another 50 basis points and the large-scale stimulus measures recently announced by China. The market may learn about the Fed's action plan later today, as Fed Chairman Powell plans to speak on economic issues at the annual meeting of the National Association for Business Economics in Tennessee (tomorrow at 1 am).
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