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Recently, some brothers asked me if they can enter the spot market for XRP. Let me briefly explain this. XRP has shown resilience in small-scale movements recently, but when looking at a larger time frame, it has been oscillating in the $2-3.3 range for half a year and has not effectively broken through key resistance. Although those who entered at lower levels last year have taken profits, the cost-effectiveness of entering at this position is not very high.
As for why I don't recommend entering now, there are three main points. First, the psychological barrier at $3 failed to break in January. Additionally, there is significant control by whales, with the top 20 addresses holding over 50%. Ripple Labs still holds 46 billion XRP, and any significant selling pressure could create a large bearish candle. Lastly, the competition in payment sectors like Solana and Stellar is fierce and highly capitalized. Although XRP's daily trading volume exceeds one million transactions, the growth is slowing.
For those who can't resist, they can pay attention to the approval of the XRP ETF or a final settlement with the SEC. Although I am personally optimistic, with high-level consolidation and whales clustered around, it is better to miss the opportunity than to be stubborn. Leave some position for stable assets like BTC/ETH.
Recently, many brothers have been asking how this doge is doing. Let me explain. I have always held the spot, and I believe many brothers are holding this big dog as well. You can position yourself in the spot within the range of 0.166-0.172. Personally, I am optimistic about this in the long run. In the short term, an upward space of 30% is not a big deal, and in the long term, it will at least double.
BTC Daily Chart Analysis: The current price is at a key central range, where 102650 is the lower edge of the central range, providing strong support significance, serving as an important dividing line. If this position can be maintained, there is still upward space for long positions, and opportunities can be selected for layout, targeting the upper edge of the central range or recent highs.
If 102650 is lost, the price may further test the pin insertion area, and short-term pullback risks should be noted. It is recommended to pay close attention to the validity of the support at 102650, combining skdj and macd volume and candlestick patterns to confirm the timing for entry, and strictly set stop losses to control risk. #BTC
$ETH ETH has fallen 13% from its peak. Since the sixth, it has been fluctuating with just a needle. Fortunately, it has not broken below the lower bound of the range. The trend is very similar to Bitcoin, waiting to enter the market together with Bitcoin #ETH
Fortunately, at one o'clock yesterday morning, the big pancake reminded us of price protection; otherwise, with good news like that, the price would have returned to our target position (below 103). With bad news, the position was not held.
Currently, the price is around 103630, which is also the dense chip area we discussed earlier. The testing here is still ongoing. We will wait for this area to stabilize before considering entry. #BTC
The current price of ethfi is around 1.238; enter a small long position directly. If it drops below the range of 1.15-1.18, stop loss. The target is above the previous high of 1.65. Brothers, let's get to work.
From the four-hour level, the current timing for entry is still good. Additionally, the SKDJ on the hourly and four-hour levels has formed a golden cross resonance, especially since the hourly level's golden cross has occurred below the value of 10. #ETHFI
Last night around 10 PM, BTC quickly dropped after breaking 110,350, forming a long upper shadow, with an intraday volatility of 2.13%. The current price is around 108,445, testing the EMA20 moving average. If this position breaks down, watch for support at the EMA50 moving average (107,127).
For those who held BTC yesterday, you can take some profits now. Those who have set a break-even stop loss should not rush to enter the market. It is recommended to wait for the 4-hour level close or around 2 PM to choose an entry point.
From the heat map, pay attention to 110775.8 above, as there may be a wave of liquidity clearing.
Contract Code: btc current price around 109220 directly enter short position, 110,000 stop loss less than 800 dollars stop loss, target unchanged below 105
Recently, the price of Bitcoin has shown a trend of fluctuating upward. The price has risen directly from a low of 101225, breaking through and stabilizing above the $10900 mark, with only one resistance level remaining before reaching a new high.
In the short term, there have been multiple attempts to break through but have not been successful, presenting a risk of a pullback. The support level is around $100000-103000, and if this range is broken, there is a strong possibility of further testing the $95,000 level.
In terms of technical indicators, the MACD shows a shortening of the green bars, suggesting weakening momentum, and attention should be paid to whether a death cross signal appears. The RSI is in the mid-high range, close to the overbought area, and it is recommended to closely monitor the possibility of a pullback. Personally, I believe the current market is leaning bullish, but one should be wary of risks of high-level fluctuations or corrections. #BTC
Our big pancake short position from yesterday should have all taken profit, while the brothers who held the smaller positions may have suffered a loss at the entry price. I personally lost a transaction fee. Brothers, please give a thumbs up, and we will continue to enter the factory later.
Recently, this popular BTE has been a topic of discussion. On the first day, I didn't dare to invest too much and only put in 500 USDT, which I recouped in an hour. On the second day, I increased my investment to 3000 USDT, and today I should recoup it by tonight. Starting tomorrow, it will be pure profit. At the current price and output, it generates about 420 USDT per day.
Many brothers are still unclear about the mining of this BTE, so let me briefly explain. Currently, BTE is stable at around 10 USD, so we will calculate with a cost of 10 USDT. First, you can get a mining machine for free with 0.02 BNB. Those who entered the factory on the first day have already earned a little more than double. Next, there is a cost of 500 USD, which allows you to configure the highest setup with an S7 mining machine along with S5 and S3 (using 46.8 BTE). The daily output is about 6.82, with a payback period of around 7.3 days. For a cost of 3000 USDT, you can configure three machines: S9, S7, and S3 (BTE usage 144 + upgrade room 60 BTE), with a daily output of 42.47 and a payback period of about seven days. For a cost of 7000 USDT, you can configure the highest level 4090 mining machine (BTE usage 630 + 60), currently yielding a daily output of 139.5, with a payback period of about 5.7 days.
P.S.: This calculation assumes a 10% increase in computing power through referral links and an additional 10% discount on mining machine prices. As prices rise, the payback period will be correspondingly shortened. Additionally, this BTE continues to be burned. For those who want to earn passively, it’s not too late to invest in tokens, as the deflation of tokens significantly increases their potential for appreciation, greatly shortening the payback period. Referral link: https://bitequal.org/game?refer=8W67EPLY
Contract Code: icp currently around 5.84, directly enter a short position, three points stop loss (above 6), target below 5.2. Brothers, let's play with a short position and a small stop loss #icp
BTE pre-registration has explosively surpassed 200,000 addresses, with immense popularity! It has now closed at 6 PM tonight, and the initial mining has officially begun! Just hold 0.02 BNB in your wallet to receive a mining machine for free and participate easily.
Copy the link to your wallet DApp browser, connect your wallet, and register in seconds. There is no selling pressure in the early stages, prices continue to rise, and the profit potential is huge! Hurry to seize the opportunity and join the BTE mining craze!
There is less than one and a half hours until the non-farm payroll data is announced. In the past few times, there haven't been significant fluctuations, but this time is different. Today's situation has been strong all day long. In my personal opinion, combined with the non-farm payroll data, there is a high probability that it will drop tonight.
Let's talk about the positives and negatives of this data. If the announced value is greater than the expected value, the probability of a drop is 58.82%, and the probability of an increase is 41.18%. If the announced value is less than the expected value, the probability of a drop is 31.58%, and the probability of an increase is 68.42% (data source: aicoin) #BTC
BTC has currently reached the small-level resistance position we discussed this morning, but ETH is still a bit lacking. Brothers who want to trade should focus on the big one above at #BTC .