From the current market performance of Bitcoin (large pie), its decline on April 9 seems to have confirmed a short-term bottom. The recent rebound trend indicates that around 80,000 USD is likely to become a relatively effective support range. This suggests that it is a good opportunity to make a move, buying on dips, with a stop loss if it falls below 80,000, aiming high around 90,000. The risk-reward ratio should be quite favorable, so everyone should seize the opportunity.
#止损策略 Stop Loss Strategy The stop loss strategy is an important risk management tool in trading. By setting predetermined exit points, it helps you control losses and protect your investments during market fluctuations. Mastering and applying effective stop loss methods allows you to respond to market changes more calmly. How should we use the stop loss strategy for investing? It is recommended to set take profit and stop loss prices before trading and strictly adhere to them, so that you can invest successfully in the long run.
Recently, there have been quite a few activities related to EOS. Is the EOS ecosystem back? Does EOS need to complete three waves to reach $500? I personally believe that there is not a particularly large opportunity for EOS. If EOS rises to $1, that would count as a stage. Currently, it is a bear market with no big opportunities. Everyone should seize the moment for phase-based opportunities. This could be an opportunity for EOS. Let's see if it hits $1 by the end of the month and take some action.
#币安理财收益竞技场 Binance Wealth launched a new event center, Binance Wealth Yield Arena, where users can easily participate in multiple events and receive exclusive rewards up to $1 million. Binance users can earn rewards through current wealth management products, regular wealth management products, ETH staking, SOL staking, two-way investment, etc. to maximize their returns. Create a post on #币安理财收益竞技场 to earn points and unlock a 1000USDC reward! Eligible posts must contain at least 100 characters and up to 1 hashtag. All eligible posts will share 1,000 USDC token vouchers, up to 5 USDC per participant.
#币安投票下币 Damn it, completely messing around, who would vote to downvote their own held coins, selling the garbage they previously listed to users, harvesting users, if you want to delist a coin, just do a vote, asking you all to vote to delist the coin. Didn't see that many of these pairs still have coins that were just listed a few days ago, how can you expect new buyers to handle this, completely messing around, really can't take it anymore, just venting, let's see if the platform will respond.
#特朗普数字资产峰会演讲 Trump delivered a speech via a two-minute video at the Blockworks cryptocurrency conference held in New York on Thursday. In it, he called on Congress to pass a landmark piece of legislation aimed at establishing simple and reasonable rules for stablecoins and market structure. In my view, this is a long-term positive development, with limited short-term impact on the market; during a bear market, the positive effects will not lead to significant market movements.
The recent trend of $BNB bnb is relatively independent, mainly driven by the popularity of bnbmeme and the listing of coins through voting on Binance exchange. The first batch of listed coins are all projects on the bnb chain. The continuous positive news for bnb is pushing its price up. However, if the increase is significant, one might consider selling a portion, as the market is still in a bear phase. As an exchange token, it is difficult for bnb to maintain an independent market trend. If it exceeds 700, I will consider selling my bnb.
$ETH eth is the eternal pain in everyone's heart during this bull market, the feeling of an incapable leader. BTC was 110,000 this round, ETH was 4,000, now BTC is 85,000, and ETH is below 2,000. Yesterday it broke through 2,000 and surged significantly, retail investors are all excited, thinking the bull market is back. I want to pour cold water on this; the market does not have the atmosphere or conditions for a bull run. Today's ETH pullback is the best proof of this. Now, long-term investors can gradually build positions during the ongoing decline.
#币安投票上币 Binance voting has added a new token. The first batch of listing voting pools is specifically targeting tokens based on the BNB chain. Future voting rounds will expand to include all tokens in Binance Alpha. This is a positive development for the BNB chain, as today BNB has risen against the trend, which is indeed strong. However, the voting should also allocate the listing fees originally collected to users, so that BNB can continue to provide benefits, achieving a win-win situation for both the platform and users.
#ETH突破2000 eth has broken through 2000, everyone is excited, excited to feel that the bull is back, but to be honest, the market has already turned bearish. Bear markets often see sharp increases, but this surge does not change the bearish atmosphere. Today's performance has also confirmed this point; the market does not have the conditions for a significant rise. It is expected that eth will remain in a continuous bottom-seeking process for a period of time. If there is a sharp drop, it will hit a bottom, and if there is a sharp rise, it is a surefire way to make a profit.
#比特币反弹 btc has finally rebounded. I wonder what position this rebound can reach. I believe this is still a process of gradually seeking the bottom. This rebound is likely to be limited, at most reaching the 90,000 level. The rebound space during a bear market is limited, so it is not advisable to chase high.
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Projects like $BNB bnb, which are supported by cash flow and fundamentals, absolutely exceed 99.999889% of the tokens on the market. Cherish the buying opportunities in a bear market, accumulate some bnb as a safety net, participate in launchpad holders airdrops, and gain passive income. How wonderful and fortunate is that? Risk considerations: the market share of bian and the overall market share of cex.
$ETH eth's poor performance in the last bull market left many people stuck with eth. The bull market didn't rise, and the bear market plummeted; this is the fate of many popular coins. A bull market overspends the potential gains of the future, leading to a state of merely participating in the next bull market. Whether eth can rise again seems to depend on whether there is a new narrative or new technological innovation. This is the reason why altcoins are strengthening and widening. I wonder if all the esteemed figures agree?
The market is cyclical; understanding its psychology helps traders maintain discipline, manage risk, and make more informed decisions. Market Cycle: 🔸Euphoria: Prices soar, confidence grows, and traders flock in. 🔸Complacency and Anxiety: Momentum slows, uncertainty begins to emerge. 🔸Surrender and Reevaluation: Prices fall, leading to cautious decision-making. 🔸Hope and Recovery: Sentiment stabilizes, and traders look for new opportunities.
What stage do you think we are currently in? Personally, I feel we are in the surrender and reevaluation stage.
#白宫首届加密货币峰会 The official opening of the U.S. White House Crypto Summit has begun, with the White House providing about 25 minutes of live coverage of the summit. Despite high expectations from the outside, the live content did not reveal any new policies or significant information. Therefore, this summit was more of a lot of noise with little substance, and no substantial positive information was released. The market is in a bearish phase, and without any substantial positive news, the market is unlikely to improve. It is expected that the market is still in the process of gradually finding its bottom.
$USDC With the MiCA regulations strengthening control over stablecoins, the delisting of USDT from EU exchanges has shaken the market. This move forces traders and platforms to rethink liquidity, compliance, and future strategies. As a compliant stablecoin, USDC is bound to gain an increasing market share, but USDT should not go to zero. In the event of a haircut, do not panic.
$XRP xrp, as an ancient blockchain token, has always been entangled in SEC lawsuits, going back and forth for quite a while. Currently, the lawsuits have concluded, and it is expected to be included in the national reserves of the United States, with promising prospects ahead. This bull market has been very strong, with growth exceeding that of many tokens. Future developments and changes can be continuously monitored. Without more favorable factors, it is actually advisable to avoid tokens that have seen massive increases in this round. The next bull market will definitely have new leading tokens.
Recently, SOL has weakened, dropping 20% from its high resistance level. The reasons are as follows: 1. Unlocking selling pressure caused by the FTX bankruptcy auction 2. Decline in the popularity of the SOL ecosystem 3. Impact of the collapse of the Libra project 4. Competitive effects brought by the rise of the BSC ecosystem
No project is evergreen; SOL has performed very well this round. Everyone should take profits and exit in a timely manner. If you keep holding SOL, it will be like holding ETH during the next bull market and this bull market, just joining the excitement.
#阿根廷总统MEME币争议 Not everyone is Trump, and everyone is not the President of the United States. Argentina, Milei's cryptocurrency 'crash' has become a hot topic. His endorsement of related projects may affect his political achievements. Currently, the Argentine political scene is in chaos, with various parties shifting blame. Some wish to take advantage of the situation to gain power, while others adopt a 'investment carries risks, enter the market with caution' attitude to stay out of it. This storm will continue to ferment.
Former U.S. President Trump also came to 'stick his nose in', posting a photo of Milei on social media with the caption, 'If printing money can eliminate poverty, then printing diplomas can eliminate stupidity,' which is full of irony. Milei saw this and immediately took a screenshot to forward it, clearly identifying with it.
According to Argentine media Clarion, a law firm in Argentina has filed a criminal lawsuit with the U.S. Department of Justice and the FBI, requesting an investigation into the masterminds behind the collapse of the Libra token and to clarify Milei's role. On the same day, the Civic Coalition ARI sued Milei in the Argentine judiciary, accusing him of inciting bribery and fraud, emphasizing that the government cannot be both referee and player. This further escalated the previous criminal allegations against Milei for supporting the Libra token and being suspected of fraud.