Simmons
7 Following
156 Followers
97 Liked
6 Shared
Posts
Quotes
See original
BTC's daily MA90, MA120, MA256, short, medium and long moving averages, are already in the adhesion range, and it is time to choose the direction:
1. If it can break through the 64,000 resistance range, and wait for the return to the moving average concentration area, it will be a very good bull market opportunity, and the stop loss point will be placed below the concentration area;
2. Before the breakthrough, it is suppressed by the K-line and the moving average concentration area, which is also a very good short-selling opportunity. The short-selling strategy in the previous post is still applicable and unchanged.
Anyway, the daily moving average adhesion is the prelude to an epic market.
In addition, most people now ignore the strength of the actual US economic data and simply refer to the decision-making environment of interest rate cuts during individual economic recessions in history. They generalize that interest rate cuts mean a US recession;
This huge cognitive bias will create an excellent opportunity for bulls to create greater volatility. Wait patiently for the final reaction of the market, and the torment will soon end.
1. If it can break through the 64,000 resistance range, and wait for the return to the moving average concentration area, it will be a very good bull market opportunity, and the stop loss point will be placed below the concentration area;
2. Before the breakthrough, it is suppressed by the K-line and the moving average concentration area, which is also a very good short-selling opportunity. The short-selling strategy in the previous post is still applicable and unchanged.
Anyway, the daily moving average adhesion is the prelude to an epic market.
In addition, most people now ignore the strength of the actual US economic data and simply refer to the decision-making environment of interest rate cuts during individual economic recessions in history. They generalize that interest rate cuts mean a US recession;
This huge cognitive bias will create an excellent opportunity for bulls to create greater volatility. Wait patiently for the final reaction of the market, and the torment will soon end.
See original
One post to understand: ETH only has the advantage of decentralization, and only RWA can bring the underlying logic of new traffic
1. Why only RWA can bring new traffic to ETH
Various Ponzi schemes, memes, NFTs, etc., because of their small size, do not essentially need the security brought by decentralization. After all, they can just reap the profits and run away, and there is no need to worry about the public chain project party getting rid of them.
ETH currently has a high market value, decentralized chips, and many participants. It has become a veritable commodity, and its public chain has become a reliable public service infrastructure that cannot be manipulated by anyone.
Currently, only projects that require large-scale fund custody operations are highly sensitive to the security of non-tamperability. For example, a $5 billion fund with assets placed on a centralized public chain with a market value of $1 billion is like a sheep walking into a tiger's mouth. According to the nature of the project team in the cryptocurrency circle, they will directly tamper with the data on the chain and run away with the money. However, based on Ethereum issuance, it is impossible to be attacked by 51%, avoiding devastating losses. Under this premise, speed and gas are no longer sensitive factors, and decentralization becomes the top priority.
Various Ponzi schemes, memes, NFTs, etc., because of their small size, do not essentially need the security brought by decentralization. After all, they can just reap the profits and run away, and there is no need to worry about the public chain project party getting rid of them.
ETH currently has a high market value, decentralized chips, and many participants. It has become a veritable commodity, and its public chain has become a reliable public service infrastructure that cannot be manipulated by anyone.
Currently, only projects that require large-scale fund custody operations are highly sensitive to the security of non-tamperability. For example, a $5 billion fund with assets placed on a centralized public chain with a market value of $1 billion is like a sheep walking into a tiger's mouth. According to the nature of the project team in the cryptocurrency circle, they will directly tamper with the data on the chain and run away with the money. However, based on Ethereum issuance, it is impossible to be attacked by 51%, avoiding devastating losses. Under this premise, speed and gas are no longer sensitive factors, and decentralization becomes the top priority.
See original
It is time to break through the downward trend line again. There are still 6 days until July 4th.
See original
Wait patiently for ETH to break through!
If your cash flow is really unsustainable, you can go out and deliver food. It is not shameful to make a lot of money.
If your cash flow is really unsustainable, you can go out and deliver food. It is not shameful to make a lot of money.
See original
Today in history, let's review the market trend of a continuous decline of more than 15 days, but the decline does not exceed 20%.
2024.1.24 Where everyone's dream begins
2023.6.15 The last interest rate hike by the Federal Reserve
2023.3.10 SVB thunderstorm incident
2021.7.20 The extreme bottom of the first half of the bull market
Continuous small declines are not very destructive, but the emotional impact on people will be infinitely magnified. This round has happened 5 or 6 times.
2024.1.24 Where everyone's dream begins
2023.6.15 The last interest rate hike by the Federal Reserve
2023.3.10 SVB thunderstorm incident
2021.7.20 The extreme bottom of the first half of the bull market
Continuous small declines are not very destructive, but the emotional impact on people will be infinitely magnified. This round has happened 5 or 6 times.
See original
At present, ETFStore's president @NateGeraci has updated the latest progress of the Ethereum ETF.
All ETF applicants Bitwise, Fidelity, 21Shares
Grayscale, Franklin, VanEck, iShares and Invesco have modified and submitted S-1 amendments according to the requirements of the SEC.
And @NateGeraci insists that the ETF will be approved on July 4.
There are still 11 days, wait patiently for the results
All ETF applicants Bitwise, Fidelity, 21Shares
Grayscale, Franklin, VanEck, iShares and Invesco have modified and submitted S-1 amendments according to the requirements of the SEC.
And @NateGeraci insists that the ETF will be approved on July 4.
There are still 11 days, wait patiently for the results
See original
Today is the Triple Witching Day for the U.S. stock market. About $5.1 trillion of options expire. Institutions will close their positions in advance to avoid the risk of rising volatility.
The crypto market will also be affected by the Triple Witching Day, but the current volatility is limited to the risk control closing of institutions. There may not be drastic fluctuations, so everyone can just keep a normal mind.
When the U.S. stock market opens tonight, we need to pay close attention to the market game situation.
The crypto market will also be affected by the Triple Witching Day, but the current volatility is limited to the risk control closing of institutions. There may not be drastic fluctuations, so everyone can just keep a normal mind.
When the U.S. stock market opens tonight, we need to pay close attention to the market game situation.
See original
Yesterday, a person with a strong rural accent came on the microphone of Space and said firmly
"Before every bull market starts, there will be a super plunge. This time, it must drop to at least 48,000 or 23,000 before the bull market will really come."
I advise such people to wait until BTC drops to 3,190 before buying.
After all, at that time, the world was just beginning, there were no ETFs, no institutions, only the ground promotion of inviting you to dinner, and at that time, there were 500 times and 1,000 times myths everywhere in the copycat market.
"Before every bull market starts, there will be a super plunge. This time, it must drop to at least 48,000 or 23,000 before the bull market will really come."
I advise such people to wait until BTC drops to 3,190 before buying.
After all, at that time, the world was just beginning, there were no ETFs, no institutions, only the ground promotion of inviting you to dinner, and at that time, there were 500 times and 1,000 times myths everywhere in the copycat market.
See original
I drew a picture late at night, purely for personal artistic creation
See original
Why are you so sad and depressed?
First, BTC and ETH did not break new lows;
Then, BTC now forms a 4-hour double bottom, and ETH forms a 4-hour head and shoulders bottom;
Finally, it has rebounded now, and the 4-hour bottom structure has basically been established.
It has only been three days since the last extreme drop... Don't always cry like it has been falling for three months. It's really sad to have a heavy position. Just find something to do, distract your attention, and improve your sleep.
First, BTC and ETH did not break new lows;
Then, BTC now forms a 4-hour double bottom, and ETH forms a 4-hour head and shoulders bottom;
Finally, it has rebounded now, and the 4-hour bottom structure has basically been established.
It has only been three days since the last extreme drop... Don't always cry like it has been falling for three months. It's really sad to have a heavy position. Just find something to do, distract your attention, and improve your sleep.
See original
Today, the market has refused to fall again. It is basically the bottom of this round of adjustment and the last major adjustment before the bull market starts.
Let's review the adjustment process before the last bull market started. After four failed breakthroughs of the downward trend line near 12,000, it continued to fall and adjust. It succeeded in the fifth breakthrough, and it took 2 rounds and 3 months.
This time, there have been four failed breakthroughs near 70,000, and the fifth breakthrough is brewing. What do you think of the result?
Let's review the adjustment process before the last bull market started. After four failed breakthroughs of the downward trend line near 12,000, it continued to fall and adjust. It succeeded in the fifth breakthrough, and it took 2 rounds and 3 months.
This time, there have been four failed breakthroughs near 70,000, and the fifth breakthrough is brewing. What do you think of the result?
See original
I came to Suzhou for two days and always wanted to go to Suzhou Museum, but unfortunately it was always fully booked. This time I made it. For ancient city culture, Suzhou will always be the first in my heart.
When trading, in addition to placing orders, you should enjoy yourself for a few minutes when you occasionally look at the market!
When trading, in addition to placing orders, you should enjoy yourself for a few minutes when you occasionally look at the market!
See original
Don’t panic brothers, we have reached the final limit. If we can get through it, the head and shoulders bottom adjustment will end and a new round of market will begin.
See original
The bull market is about to start in 2024! Hold on tight!!!
After 13 weeks of bull flag consolidation, BTC hit the bull flag pressure line for the fourth time. The probability of a breakthrough tomorrow is very high. Even if the breakthrough fails tomorrow, it can break through in a week at most. The 13-week consolidation time is as long as the horizontal direction and as high as the vertical direction;
This round of bull market is at least more than 100,000 US dollars, and we will take it one step at a time at the highest point;
The ETH that has been reduced has been rolled back into the 6x long position, with low leverage to prevent being pinned.
After 13 weeks of bull flag consolidation, BTC hit the bull flag pressure line for the fourth time. The probability of a breakthrough tomorrow is very high. Even if the breakthrough fails tomorrow, it can break through in a week at most. The 13-week consolidation time is as long as the horizontal direction and as high as the vertical direction;
This round of bull market is at least more than 100,000 US dollars, and we will take it one step at a time at the highest point;
The ETH that has been reduced has been rolled back into the 6x long position, with low leverage to prevent being pinned.
See original
There should be one last small drop, just in the next two days, and then we will be ready to welcome the bull market.
See original
This 4-hour needle, em…
Pay attention to the closing of the monthly line, it kills people
Pay attention to the closing of the monthly line, it kills people
See original
Yesterday I reminded you that there will be a big correction here. It has already started to fall. The target spot price is around 3500, which is the tip of the Tiandi needle last week.
Generally speaking, the range of Tiandi needle is the vacuum range of chip liquidity. If it exceeds this range, there will be sufficient buy and sell orders, and the upper and lower resistances are very strong.
I placed a long order at the second quarter price corresponding to the spot price of 3500. If it does not reach within two days, cancel the order and wait for the market to become clear before manually operating again.
Generally speaking, the range of Tiandi needle is the vacuum range of chip liquidity. If it exceeds this range, there will be sufficient buy and sell orders, and the upper and lower resistances are very strong.
I placed a long order at the second quarter price corresponding to the spot price of 3500. If it does not reach within two days, cancel the order and wait for the market to become clear before manually operating again.
See original
I closed half of the ETH contract, mainly because I looked at the market. The probability of the big orange eating shit has increased dramatically. If it is two weeks later, it basically doesn't need to eat. The time can be set vaguely in the future😆
I am not bearish at this point. I kept half to prevent further surges. I closed the other half. If it falls, I will increase the position and continue rolling.
I am not bearish at this point. I kept half to prevent further surges. I closed the other half. If it falls, I will increase the position and continue rolling.
See original
Most of the altcoins that have not been delisted will quickly rebound to their pre-crash prices like Audio, just like ETH rose 22% in one day. If the altcoins you hold have not been delisted, please hold on to them! ! !
Currently, ETH has only fallen by 2%, which is not considered a crash. After 19b-4 was approved, the market unexpectedly had low volatility; but BTC unexpectedly fell, and funds were transferred to speculate on ETH. It is 99% certain that ETH will lead the rise and trigger the altcoin season.
I personally hold 50,000 u/0.26 cost audio, and I have recovered my investment today😆
Currently, ETH has only fallen by 2%, which is not considered a crash. After 19b-4 was approved, the market unexpectedly had low volatility; but BTC unexpectedly fell, and funds were transferred to speculate on ETH. It is 99% certain that ETH will lead the rise and trigger the altcoin season.
I personally hold 50,000 u/0.26 cost audio, and I have recovered my investment today😆
Login to explore more contents