TGweb3

The downward channel of BTC is about to break through, but it's still a little bit off...

This situation is quite awkward; for those using the standard channel, it has indeed broken through, but for someone like me who prefers to add a ±0.25 extended channel, the possibility of a false breakout cannot be ruled out...

The US stock market has been falling all day yesterday, while BTC has risen against the trend, it really feels a bit like during the tariff war, where funds seem to be buying spot in advance...

Therefore, I still prefer to see a confirmed breakout here.

A few days ago, CZ Zhao Changpeng @cz_binance revealed his ambitious plans during a discussion at the University of Hong Kong, which left a strong impression on me. Today, I finally had time to organize my notes from that time. So what does he really want to do?

First, the conclusion: He wants Hong Kong!

First, he aims to challenge the status of USDT with a Hong Kong stablecoin. He mentioned that USDT has done 100 billion worth of 'private work' for the US dollar, meaning that once stablecoins grow large, they essentially become a 'shadow settlement network' for fiat currencies. He believes a Hong Kong stablecoin can leverage the mainland, providing a compliant avenue for the internationalization of the Renminbi. This is an opportunity that places like Singapore and Dubai cannot take away; only Hong Kong has this chance.

Second, he is willing to provide technology and traffic to facilitate trading with Hong Kong. He stated that RWA (Real World Assets) are all bubbles, urging not to focus on putting luxury villas and mansions on-chain, which is time-consuming and labor-intensive without anyone to take them over. The real gold mine is to move stocks and bonds, which are already traded online, onto the blockchain. His point is that the Hong Kong Stock Exchange can put all Hong Kong stocks on-chain, upgrading it to a 24-hour global trading on-chain stock market. This implies that he can bring these technologies to Hong Kong, along with the traffic from Binance, the largest exchange in the world.

From these two points, it is clear that old Zhao ultimately desires a compliant identity for Binance in Hong Kong! What he can provide is also what Hong Kong lacks the most: his technology and traffic, which can save Hong Kong at least 10 years of detours! It is evident that his words are directed at Hong Kong but are actually a signal of cooperation to the central government; he wants to return to his roots! He even joked that the money he can save for Hong Kong would be enough to treat everyone present to good morning tea for several years.

Old Zhao also mentioned AI, stating that the ultimate development of AI will definitely belong to the blockchain, as only blockchain can provide economic settlement for this industry. I strongly agree with this; I've always believed it. However, regarding RWA, I don't quite agree. The real estate market is the largest trading market globally; is there any essential difference between on-chain transactions of real estate and on-chain transactions of stocks? It's just a matter of attributes. Currently, excellent projects like @MavrykNetwork have already opened up a market of over 10 billion dollars. The assetization of real-world assets on-chain is indeed the true infrastructure of the metaverse.

In these years of trading cryptocurrencies, I went from being heavily in debt after my initial encounters with cryptocurrencies to later rising again with a net worth of tens of millions. To be honest, I've stumbled into all sorts of pitfalls and seen enough of the market makers' tricks. Today, I will lay out seven ironclad rules that I earned through blood and tears — understanding one could save you the tuition of a house; mastering three or more will absolutely crush 99% of the retail investors in the market.
The most important thing in trading cryptocurrencies is to maintain a good mindset; technology comes second.

1. In most cases, BTC is the leader of the crypto world; ETH, a coin of strong quality, may sometimes break away from BTC’s influence and exhibit a unilateral market trend, while altcoins generally cannot escape its impact;

2. BTC and USDT move in opposite directions; if you notice USDT rising, be cautious of BTC falling; when BTC is rising, it’s the right time to enter USDT;

3. Between 0:00 and 1:00 every day, there can easily be spike phenomena, so domestic traders should try to set their desired buy price for coins as low as possible before going to sleep and set their desired sell price as high as possible; you might just make a profit while you sleep;

4. From 6:00 to 8:00 every morning is a critical time to determine whether to enter or exit the market, and it’s also a key moment to assess the day’s potential rise or fall. If it has been declining from 0:00 to 6:00 and continues to decline in this time frame, it’s an opportunity to enter or average down, and it’s likely to rise for the day. Conversely, if it has been rising from 0:00 to 6:00 and continues to rise in this time frame, it’s an exit opportunity, and it will likely fall for the day;

5. 5:00 PM is an important point of interest in the market; due to time zone differences, U.S. traders are waking up and starting their day, which may cause fluctuations in coin prices. Significant rises or falls have indeed occurred at this time, so pay special attention;

6. There is a saying in the crypto world about 'Black Friday,' with a few instances of significant drops coinciding with Fridays, but there are also cases of big rises or sideways movements, so it’s not particularly reliable; just keep an eye on the news;

7. If a coin with a certain trading volume guarantee drops, don’t worry; holding patiently will definitely help you recover your investment. In the short term, it could take 3 to 4 days, and in the long term, a month. If you have extra USDT, buy in batches to bring the average down and recover faster. If you don’t have any balance, just wait; it won’t disappoint you.

The trends in the crypto world are filled with uncertainty and challenges, but they also contain potential opportunities. Investors participating in crypto investments should fully understand the associated risks, remain calm and rational, and respond to market changes with a prudent strategy! #加密市场回调

Newcomers in the cryptocurrency world want to quickly leverage a few thousand yuan to reach 1 million, with almost 100% profit. As long as you remember these few sentences I say, you have already succeeded halfway!

This method is actually very simple; there are 4 steps: choosing coins, buying, position management, and selling. Every detail will be explained clearly to you!

The first step is to open the daily chart and only look at the daily level. Choose coins with a MACD golden cross, preferably with the golden cross above the zero axis, as this yields the best results!

The second step is to switch to the daily level; here you only need to look at one moving average called the daily moving average. Buy when above the line and sell when below the line.

The third step is after buying, when the coin price breaks through the daily moving average and the volume is also above the daily moving average, buy with the full position. The fourth step is selling, which is divided into three details: first, when the wave increase exceeds 40%, sell 1/3 of the overall position. Second, when the overall wave increase exceeds 80%, sell another 1/3, and when it breaks below the daily moving average, liquidate the entire position.

The fourth step is also the most important. Since we use the daily moving average as our buying basis, if an unexpected situation occurs the next day and it breaks below, you must sell everything and not hold onto any hope! Although the probability of breaking through with our coin selection method is very low, we must still have risk awareness! After selling, wait for it to stand above the daily moving average again before buying back!

In fact, the most important thing in the cryptocurrency world is to use the right methods. If you like trading cryptocurrencies, focus on studying trading; if you like playing contracts, focus on learning contracts. The most important thing to survive in the cryptocurrency world is to master one skill well. If you have just entered the cryptocurrency world for not long, many knowledge aspects may still be unclear! You might as well come to the community to learn from each other and discuss more useful and quick money-making methods! #币圈暴富