The current market situation is somewhat similar to that of March to August 2024, where it's difficult to go up or down, resulting in back-and-forth fluctuations. It may be advisable to take a break for a while, and it's best to hold only a portion of major cryptocurrencies in spot. Especially with high-leverage contracts, it's highly probable to incur losses.
Without a few months of adjustment, it will be hard to establish a trend. Retail investors are likely to be repeatedly tormented and harvested by the main forces. Sometimes, refraining from participation is actually the optimal solution; wait for the adjustment to complete before seizing the next wave of trends.
Friends still trading memes: Take advantage of the low price of virtual assets today and get involved in staking and new projects. At the current price, today's Iris project is basically returning about half of the investment; right now it's about 300X, with a high point of 700X. Clearly, most people are not small players; those who can't compete are just giving away money, so it's better to go for something more stable. I'm very optimistic about the virtual 'on-chain Silicon Valley YClabs' model, and there should be more high-return projects coming up.
Originally planned to buy back at 275, but due to a rapid decline and lack of key bullish signals, the order was temporarily split into two, executed at 273 and 267 respectively, lowering the overall average transaction price.
No new highs are expected for now, with target take profit levels set around 286 and 305.
CPI is clearly favorable, so why did it drop again?
On the morning of June 13, it was affected by turmoil in the Middle East, causing ETH to quickly break below the 2660 support level and drop directly to the 2480 defense.
Why choose to defend at this level? Looking back at the market over the past two weeks, there have been three significant touches at this level followed by rebounds of more than two hundred points.
It is evident that there is a consensus; institutions and big players tend to prefer buying at this level rather than selling.
Now, a light position on the left side supports a rebound, while the right side confirms an increase in positions.
The first Binance official twitter account in Korean font on BSC. If it reaches the Korean community, it will be explosive and shoot immediately. Get on board quickly. 0x7d3402182756434c785fd3b7c998e1be88c94444
Cycle performance suggests Dogecoin price will rise above $2.28
Dogecoin’s current trading range between $0.18 and $0.24 is broadly consistent with the stable accumulation phase seen in past bull cycles. While its price action appears lackluster on shorter timeframes, technical analysis of the broader market cycles suggests that Dogecoin may be approaching the end of a consolidation phase and entering the early stages of a breakout trajectory. Fibonacci pattern signals continued bullish momentum According to a recent post by cryptocurrency analyst Javon Marks on social media platform X, Dogecoin’s price action over the years has shown a highly consistent relationship with Fibonacci Extension levels, particularly the 1.618 level. Marks highlighted that in the two previous major cycles – 2014 to 2017 (Cycle 1) and 2017 to 2021 (Cycle 2) – Dogecoin breached the 1.618 Fibonacci Extension level measured against its respective accumulation bases at the bear market lows.
Adults, adults, adults It's bad, Dog Zhuang, it's going to be mischievous CPI data is about to be released, beware of needle pricks Bitcoin has peaked, signals appear to avoid long positions Technical patterns are deceptive, tricks of baiting and switching Be very careful, you can miss out but cannot make mistakes I have already exited my long position to avoid, Yuan Fang, what do you think?
Opening a position without any trading idea of my own, just seeing K say to enter the market, so I opened a position, and then did not set a stop-loss, and kept holding on, resulting in losses.\nFuture operations: Always set a stop-loss! Only open a position after setting a stop-loss, do not open positions casually; when placing an order, simultaneously set a stop-loss and take profit. After accepting this lesson, I will still focus on intraday short positions, strong in small cycles, and acknowledge the facts.
OTHERS overall returns to the water, many small coins have already emerged, if it doesn't break then that's it, but if it breaks, it will be a big move
A large number of tokens will be unlocked this week
Wu Shuo learned from Tokenomist that a single large unlock (amount greater than $5 million) will occur in the next 7 days, including APT, STRK, IMX, SE1, MOVE, etc. In addition, there will be a linear large unlock (daily unlock amount greater than $1 million) in the next 7 days, including SOL, WLD, TIA, DOGE, TAO, AVAX, SUI, DOT, IP.MORPHO, NEAR, ETHFI, JTO, etc., with a total unlock amount exceeding $341 million.
This is the daily net inflow data for Ethereum spot ETFs from May 16 to present, with no day showing net outflow. At least these spot ETF investors are optimistic about Ethereum as well, this is the consensus, give Ethereum some time.
If the AI system does not recommend buying BTC, it means that it is currently not suitable to go long. Be patient, it may take several days, weeks, or even up to 2 months. In a tail-end market, not taking action is much better than blindly fiddling around.
$rblx The proportion of young and middle-aged users among the vast number of underage users will continue to grow, which means as long as the company doesn't make major mistakes, it will keep getting better.
The combination of UGC and AI, the main difference of this project compared to 'Minecraft' is that creators are in the lead, and any developer can create games on it and earn a share, so innovation is continuous.
In the age of AI, could there really be games similar to Green Zone appearing on it?
The company is great, the only downside is that after I switched to Xiaomi, it surged too quickly and I didn’t have the chance to switch back (Xiaomi rose even more), which is also why I often feel that I don't have enough money; there are too many good companies to hold long-term.
Of course, at this price, I am not interested in buying; I hope to get another chance to buy at 40 in the future, and if not, I'll move on to the next one.
The fourth stage of the Dogecoin parabola indicates the potential to reach $1, here is the timeline
Dogecoin (DOGE) has just entered the fourth stage of the parabolic shape—this critical stage often indicates that the price may surge significantly. Despite recent market declines, technical analysts believe this stage may pave the way for explosive price growth, approaching the coveted $1 mark. Dogecoin is expected to break through $1 According to the technical forecasts of cryptocurrency analyst Trader Tardigrade, Dogecoin still has the potential to reach the long-awaited $1 mark. The recent price action of this meme coin seems to align with the classic parabolic shape—this formation indicates that each consolidation phase will accelerate upward momentum.
What is the GCV of Pi Network? Why is everyone talking about it?
The GCV of Pi Network has recently become one of the hot topics in the community. Some believe it is the key to immense wealth, while others think it is purely hype. What is the truth? Let's find out. In the Pi Network community, GCV stands for 'Global Consensus Value', a concept proposed by Pi enthusiasts aimed at setting a fixed value for Pi coins. Some fans claim that 1 Pi coin is equivalent to $314,159, inspired by the mathematical constant π (pi). They argue that Pi's growing user base, real-world applications, and limited supply justify this valuation, seeing it as an incentive for adoption and participation.