DaveyWong

#BTC☀ should rise tonight. If it reaches 61,000, we can make a few hundred points.

#wld Is this going to rebound? Or is it just a trap to lure more investors? I have become less courageous during this period. #币安合约锦标赛

$WLD is such a magical coin, will it not rebound? Is it going to reach 1.5? The decline is very severe.

The recent international situation is tense. As for the trend of Bitcoin, I think we need to look at it from several aspects.
First, from the perspective of the macroeconomic environment, although the international situation has fluctuated recently, overall, there are still some positive factors driving the cryptocurrency market. For example, the interest rate cuts that some countries may take and the improvement of the overall macroeconomic situation are conducive to the rise of the cryptocurrency market.
Second, from the perspective of market sentiment, although Bitcoin has fluctuated recently, analysts are still relatively optimistic about it. For example, some analysts predict that the price of Bitcoin will exceed the $80,000 mark by the end of 2024. This is enough to show that the market is still quite optimistic about the long-term potential of Bitcoin.
Of course, price fluctuations are a normal phenomenon in the Bitcoin market. In the short term, the price of Bitcoin may be affected by various factors, such as market sentiment, policy changes, etc. Therefore, when investing in Bitcoin, investors must remain rational, do not blindly follow the trend, and do a good job of risk management.
In summary, I think the overall trend of Bitcoin is still optimistic. However, investors should still make decisions based on their actual situation and risk tolerance when investing!

#CryptoTradingGuide #美国PCE数据将公布

Since I stepped into the world of cryptocurrency contract trading, I have been on an exciting adventure. Every transaction here is full of unknowns and challenges, but it also allows me to experience unprecedented excitement and sense of accomplishment.
1. First acquaintance with contract trading
At the beginning, I knew nothing about cryptocurrency contract trading. I only knew that it was a market full of opportunities and risks. However, as I gradually got to know it better, I found that it not only has huge profit potential, but also a battlefield that tests wisdom and courage.
2. Trading strategies and skills
In the process of contract trading, I gradually mastered some trading strategies and skills. First of all, it is crucial to understand the market. Only by fully grasping information such as market dynamics, market trends and technical indicators can we make wise trading decisions. Secondly, setting stop-profit and stop-loss is the key to protecting investment funds. Reasonable stop-profit targets and stop-loss levels help ensure profits when favorable, and stop losses in time when unfavorable.
In addition, trend following and reversal trading are also my common trading strategies. The trend following strategy is to follow the market direction when the trend is clear, while the reversal trading is to trade when the market shows a reversal signal. These strategies require accurate judgment of market trends and price fluctuations.
3. Risk Management
Risk management is crucial in contract trading. I always keep in mind that investment is risky and that you need to be cautious when entering the market. Therefore, I strictly control the amount of funds for each transaction and set the appropriate position size. At the same time, I will regularly review and summarize my trading experience to continuously optimize my trading strategy.
4. Experience
Through the contract trading during this period, I have deeply realized the difficulty of investment. Market volatility, poor trading strategies, and the use of leverage ratios higher than recommended can all bring risks. However, it is these challenges that have made me more determined to move forward in the cryptocurrency contract trading market.

#CryptoTradingGuide #币安合约锦标赛

$BTC Do you think Bitcoin can break through $66,000 today?

$BTC Waiting for a huge rally, the more it falls the more I add to my position, and I firmly believe that it will exceed 70,000 by the end of the month.

Analysis of Bitcoin market trends after the Spring Festival

Looking back at the market situation before the Spring Festival:

Before the Spring Festival in 2024, the price of Bitcoin experienced a strong rise, rising from US$38,545 to US$52,859, an increase of more than 37%.
This rise is mainly due to the following reasons:
Expectations for the Federal Reserve to raise interest rates have slowed, the U.S. dollar index has fallen, and risk assets have generally recovered.
Macroeconomic data shows that the risk of recession in the United States has declined, and investors are more optimistic about the economic outlook.
Cryptocurrency market sentiment is picking up, with more institutional investors entering the market.
Market forecast after the Spring Festival:

After the Spring Festival, the Bitcoin market may have the following trends:
1. Continue to rise:

If the Fed slows down its rate hikes and the macro economy remains stable, Bitcoin prices may continue their upward trend.
The target could be above $55,000 and even challenge $60,000.
2. Shock finishing:

If market sentiment diverges, Bitcoin prices may fluctuate within the current range.
The range is likely to be between $48,000 and $55,000.
3. Retracement decline:

If expectations of the Federal Reserve raising interest rates increase and risk assets generally fall back, Bitcoin prices may fall during a correction.
The correction could range from 10% to 20%.
Influencing factors:

Federal Reserve Monetary Policy
macroeconomic data
Cryptocurrency market sentiment
Institutional investor trends
Investment Advice:

After the Spring Festival, investors can pay attention to the following aspects:
Federal Reserve Monetary Policy Meeting Minutes
U.S. nonfarm payrolls data
Cryptocurrency market trading volume
Institutional investor position report
Investors are advised to control risks and not blindly chase the rise or fall.

Please note that the above are only personal opinions and do not constitute investment advice. Investors should make investment decisions based on their own circumstances.

#BTC $BTC

The U.S. PPI annual rate in January was 0.9%, higher than the expected 0.60%, and the previous value was 1.00%. The U.S. PPI monthly rate recorded 0.3% in January, a new high since August last year, exceeding expectations of 0.10%, and the previous value was -0.10%.

Will this cause Bitcoin to start a correction? #BTC $BTC

If nothing else, the pie fell, cashed out, and then pulled up, the same recipe $BTC #BTC

Geoff Kendrick, head of foreign exchange research at Standard Chartered Bank, predicted on Monday that the approval of a Bitcoin spot ETF could increase the price of Bitcoin by more than 300% by the end of 2025, reaching a height of $200,000.

He believes that by the end of this year, up to 50-100 billion U.S. dollars of funds are expected to flow into the U.S. Bitcoin spot ETF, and the number of Bitcoins held by the ETF will be between 437,000 and 1.32 million. In this case, by the end of next year, Bitcoin price will be close to $200,000. #BTC $BTC

Bitcoin still worries bulls ahead of key legislative events early next month and the possible approval of the first spot-price exchange-traded fund (ETF) in the United States, trader Crypto Chase wrote in an analysis. Crypto Chase previously chose to trade at $43,000 Shorting BTC, expect the price to rise as high as $46,000 on the back of a positive ETF decision, and if the product is rejected, the price will soon fall to $36,000.

#BTC The contract chart has become like this? The charts of other coins are normal, have you encountered them before? $BTC

To give back to fans, red envelopes 🧧 are here!

Judging from the Federal Reserve's policy, $BTC $ETH spot trading can begin, but the contract is not clear yet. Again, the overall situation has not improved significantly, so be aware of fluctuations at any time. #BTC

The trend of Bitcoin this year will depend on the policy tonight!

As the Fed enters the "last mile" of fighting inflation, continued cooling of inflation data may accelerate this "last mile."

At 03:00 a.m. on Thursday, December 14, the Federal Reserve will announce its last interest rate decision of the year. The market almost universally believes that this cycle of interest rate hikes has come to an end, and that the Federal Reserve may remain on hold at this week's interest rate resolution and start to significantly cut interest rates starting next year.

Now the focus of debate on Wall Street becomes: When will the Fed start cutting interest rates, and how deep will it go? Against the backdrop of significant cooling of U.S. inflation in recent months, the market has begun to bet that by the end of next year, the federal funds rate will be reduced to a level of 4%-4.25%, with an interest rate cut of 125bp. $BTC #BTC

Based on the current international situation and economic environment, the bull market may still take a few months. At present, $BTC is still empty, and 36,000 points is still possible. #BTC

#BTC The next trend depends on the US policy at 3 a.m. Will it maintain the current policy?

The contracts for these two days are temporarily out of operation, wait until the direction is clear! $BTC

Recently, I have mainly focused on the news. Anyone who says that purely relying on technical analysis to judge a few thousand points is deception. Be vigilant. The fundamentals of the market have not changed. Whether it is a bull market or not cannot be clearly judged at this time. #BTC $BTC

The good news for BlackRock is still quite strong. The Bitcoin contract has increased by more than 5,000 points in just a few hours of sleep! #BTC $BTC If BlackRock’s ETF goes online, it is expected to continue!

When will Vanguard launch an ETF to bring the market to new highs🐶🐶