The CPI data for June is about to be released. Will it lead to a rate cut as the market sentiment suggests? Personally, I am not optimistic about a rate cut in June. In the past couple of days, there has been a flurry of positive news. Major holders of Bitcoin (MSTR.O) have continuously increased their holdings by 1,045 Bitcoins within a week. GameStop has purchased 4,710 Bitcoins since last month. Bitmain's Bitcoin production has increased by 25%, with 109 Bitcoins. The American tech company KT has increased its Bitcoin reserves by $13 million. Even the new and old leaders of South Korea are calling for a green light for stablecoin issuance. Coupled with the continuous high opening of U.S. stocks in the past few days, if Bitcoin does not surge now, then when? I believe this upward movement is primarily driven by news stimuli, and the rise of stablecoins and the crypto market has a clear purpose: to alleviate pressure on U.S. Treasury bonds. At the end of this month, $600 billion in U.S. Treasury bonds will mature. Trump's team is up to something. Therefore, I do not believe this upward movement belongs to a trend reversal. Whether the upcoming Sino-U.S. economic and trade negotiations will be favorable remains to be seen, and tonight's CPI data will also be a shock. A U.S. stock market pullback could lead to a wave of downward movement, which is worth paying attention to. The position of Bitcoin against the U.S. dollar is somewhat weak, but there is still strong upward potential. From a short-term operational perspective, the MACD histogram is narrowing, indicating that upward momentum is weakening and downward sentiment is growing. Focus on the support level around 1,055. Additionally, do not expect any news about a rate cut this month. Currently, Trump's focus is on California. The real trend should emerge in the second half of the year.
Non-farm payroll data is about to be released, and as long as it is not particularly bad, it will be good for the market.
Before discussing the non-farm payroll data, employment and unemployment data should be the key metrics every month. However, before the tariffs are officially implemented, unless there is a significant rise in the unemployment rate, it shouldn't have much impact on the Federal Reserve's monetary policy. Recently, several Federal Reserve officials have made it clear that as long as the tariffs (reciprocal) are not officially implemented, the Federal Reserve may be more cautious.
Therefore, the market has given up hope for a rate cut before the third quarter, especially after the GDP data was released, which further reduced the probability of the U.S. entering an economic recession. In the short term, analysts are not discussing recession anymore.
Thus, the unemployment rate data has returned to a point where both good and bad data are considered good data. A slight increase in the unemployment rate can raise expectations for a Federal Reserve rate cut without overly stimulating the topic of recession. On the other hand, a decrease in the unemployment rate indicates that the U.S. economic situation is still good, and the Federal Reserve does not plan to cut rates ahead of schedule, so a good economy can also boost investors' risk appetite.
Then there is the employment population; this data is certainly better the more it is, but the impact should not be significant as long as it is not significantly lower than expected. Additionally, there is wage change; wage growth definitely indicates good economic performance. According to the current market expectations, if it can meet expectations, it can still boost investor sentiment.
Especially since Tesla has nearly returned to $300 before the market opens, the market needs some positive news to calm emotions. Of course, if the non-farm payroll data is disastrous, it will be a tough weekend. As for trading ideas, they will be communicated timely in small circles. $ETH $MKR $BTC
Recently, there has been a significant event where the US-listed company SharpLink Gaming (Nasdaq: SBET) announced plans to issue 69.1 million shares of common stock at a price of $6.15 per share through a private investment in public equity (PIPE) to raise $425 million to establish an Ethereum (ETH) reserve. This move has sparked a strong market reaction, with SBET's stock price skyrocketing over 1000% within a week and trading volume surging by 7200%. SharpLink Gaming, Inc. (Nasdaq: SBET) is an online technology company headquartered in Minneapolis, Minnesota, USA.
The public conflict between Musk and Trump causes Dogecoin prices to plummet.
#dego Single-day drop of 10%: On June 6 (Thursday), due to the escalation of conflicts between Musk and Trump, Dogecoin's price dropped by 10% in a single day. Weekly cumulative drop of 22%: In the past week, Dogecoin's market value evaporated by nearly a quarter, with the conflict becoming a key trigger. Direct relevance: Musk is seen as the 'spokesperson' for Dogecoin, and fluctuations in his political stance directly impact market confidence. For example: After Tesla began accepting Dogecoin payments in 2022, its price rose by over 15% in a single day. In 2023, Twitter (now X) changed the Dogecoin logo, and the price surged by 30% in a single day.
After 8 years of trading cryptocurrencies, from losing sleep over losses to now stable profits, it all relies on sticking to a simple method:
I resolutely do not trade if the market does not show familiar signals,
I would rather miss out than make random trades.
With this principle, I can now maintain an annual return rate of over 50%.
A few life-saving tips for beginners: #Binance Alpha New
Make trades after 9 PM: During the day, various false messages fly around,
prices jump up and down like they have a mind of their own, in the evening the market trends are cleaner,
making it easier to see the direction. Cash out quickly after making money:
For example, if you make 1000 USD, first withdraw 300 USD to your bank card,
then continue playing with the rest, don’t always think about doubling it,
I have seen too many people who fail to cash out their profits and end up losing everything.
Look at indicators, not feelings: Install TradingView on your phone,
before trading, check if there are MACD golden crosses and dead crosses, and whether RSI is overbought or oversold,
at least two signals should be consistent before taking action.
Be flexible with stop-loss: When you can monitor the market,
if you make money, manually move the stop-loss price up (for example, from 1000 to 1100)
don’t let the system automatically stop-loss. But if you have to go out
set a hard stop-loss of 3% to guard against sudden market crashes.
Withdraw funds weekly: No matter how much money you make, if you don’t cash out it’s just a number!
I transfer 30% of my profits to my bank card every Friday without fail, and only then do I continue to roll the rest.
There are tricks to reading candlestick charts: For short-term trading, focus on the 1-hour chart,
if the price pushes up for two consecutive hours, go long; if it’s stagnant,
switch to the 4-hour chart to find support levels, and enter the market when it approaches the support line.
Be careful of these pitfalls: #US Tariff Increase
Leverage should not exceed 10 times (beginners are advised to stay within 5 times)
Avoid coins like Dogecoin and other altcoins, do a maximum of 3 trades a day,
going long can easily lead to reckless behavior, definitely do not borrow money to trade cryptocurrencies!
Remember: Trading cryptocurrencies is not gambling, treat each day like a job, clock in at the right time and shut down,
eat when it’s time and sleep when it’s time, the money will come more steadily.
If you are confused about the market, follow me.
The cryptocurrency market is full of uncertainty and challenges, but it also contains potential opportunities. Investors should fully understand the risks involved when participating in cryptocurrency investments, remain calm and rational, and respond to market changes with a sound strategy! #加密市场回调 #特朗普马斯克分歧
Trump expresses great disappointment in Musk; Musk supports Trump's impeachment. What are the reasons for their complete fallout? How did they gradually turn against each other?
1. To answer this question, we first need to talk about how these two got together, or what aspects they saw in each other. The understanding of the child towards Musk is easy to understand; Musk can pull in a large amount of election sponsorship; he can provide the child with a large media platform through X; and he can take Tesla's ground team to rally votes. With such a person coming to his side, the child will naturally welcome him. As for why Musk and others support the understanding of the child, there should be both direct and indirect factors: The direct factor is naturally money. Musk and other Silicon Valley tech feudal lords have two main stories. One is to use AI to overturn the current social operation model, such as the self-driving taxi business, which is believed to contribute 88% to Tesla’s market value in the future. This requires the government to loosen its regulation on AI.
After the oscillation and reduced volume, emotional sell-offs are about to tear open. Is this the last golden pit before the interest rate cut?
Today, it's still necessary to complain about the market these days; it's a market that even dogs don't want to touch. There is almost no liquidity, and the price fluctuation range is absurdly small. Is the liquidation zone locking the market down? Or did the market die first, causing the liquidation zone to shrink to this terrible state?
I'll give you the conclusion first. In my view, the market for the next couple of days is like this. If it goes up, it might reach 108K at most; if it goes down, hitting 101K directly is not a problem.
From the perspective of liquidation intensity, the force of clearing downwards is obviously stronger. But the problem is, the price is still stubbornly holding above 103.6K from June 2nd; you say it’s oscillating, and it really doesn’t move like a mountain.
The secret that the main forces do not want retail investors to know is their two major characteristics before they cash out.
First, remember that the main forces always cash out after a continuous rise to high positions. The first characteristic: a high position first shows increased volume for a rise or a significant gap up followed by massive fluctuations, meaning it doesn't rise much anymore, also called volume self-rise.
The main forces mainly increase volume for a rise or significantly gap up, which can definitely attract a large number of retail investors to follow and invest. The main forces can take this opportunity to sell at a good price. However, the main forces hold too many shares. They cannot sell everything at once like retail investors.
So what to do? Next, there will be fluctuations at high positions, bouncing up and down, creating an illusion that the main forces are absorbing shares, attracting retail investors to continuously enter and take over. For example, on that day, there may be a spike followed by a drop, where the main forces sell a batch first, then after a significant drop the next morning, they violently rebound in the afternoon, creating an illusion for retail investors that the price won't drop further. After several such back-and-forth movements, retail investors will let their guard down and increase their positions. It’s like the ‘wolf is coming’ scenario; after saying it a few times, if there is no crash, then there’s no silver lining. During this process, the main forces can smoothly offload their shares.
The second characteristic: although it has the highest accuracy, it is also the most complex and difficult to understand. I summarize it in six words: the stronger at the top.
You might question, how can it be stronger if the main forces are offloading? The chips in the hands of the main forces are massive. They cannot sell everything at once like retail investors. In fact, being a main force is very tough. Especially when offloading, it becomes even more difficult. They have to maintain the confidence of retail investors while secretly selling. If they are not careful and the act fails, causing retail investors to run first, the main forces may also fail to offload at high prices. Therefore, they must repeatedly push the price down and then pull it back up, even continuously creating new highs to stimulate the highest desires of retail investors. Hence, the closer they are to the top offloading area, the harder the main forces must perform.
Reflected in the trend, it feels very strong, and technically, it will show divergence after fluctuations or a new high after a series of adjustments. This is the logical principle of divergence and counter-words. #我的COS交易 #Circle扩大IPO规模 #币安钱包TGE
7 'Diseases' of Cryptocurrency Traders, Don't say you don't have one!
1. Entering the crypto world is like diving into the ocean; from now on, health becomes a bystander. Today, the teacher invites you to test which 'disease' you have after being in the crypto circle for so long. 01. Available 24 hours If you have a friend who trades cryptocurrencies and you message him on WeChat, he may not reply immediately because he is watching the market; if you call him, he may not answer right away because he is watching the market; if you invite him to dinner, he may be busy looking at his phone and chatting with you a bit, yes, he is still watching the market. Please do not blame him; he may have significant emotional fluctuations with the market's ups and downs.
June Cryptocurrency Market Storm Warning: The Cryptocurrency Market Welcomes Another 'Black Swan'! How many days can Bitcoin hold on? Will it drop 40% this time? I'm ready to go all in at this position!
The market is indeed too dull, and Bitcoin's movement currently appears somewhat dangerous, nearing the intersection of the 7-day and 30-day moving averages. If it breaks below, support may look towards $93,000, with the overall trend resembling that of 2021 quite a bit.
Relatively speaking, the performance of $ETH remains relatively stable. Since the ETF was approved last year, the correlation between $BTC and $ETH has significantly weakened, and most altcoins are based on the EVM ecosystem, making $ETH a more representative reference. Apart from a few projects like LPT and #COOKIE performing decently, most altcoins are stagnant. The biggest 'fun' each day seems to be watching James getting besieged.
Will Ethereum lead altcoins to another significant drop in June?
After the market performance in May, everyone can see that last month a large bullish candlestick was formed.
When that bearish candlestick broke below 2000 USD in April, the market was in extreme panic, with many voices saying that Ethereum would fall below the previous low of 880 USD, leading many people to cut losses around 1400-1500, including altcoins.
But when that hammer candlestick appears, those of us who learn the potential dragon trading strategy know very well that when an important support shows a hammer candlestick, there's no way to cut losses at this position; that would be the most erroneous approach.
When we can understand the market trend, short-term floating profits and losses become unimportant, because we haven't reached the final result yet.
A simple and efficient cryptocurrency trading method that almost guarantees profit! Fans who have used it have already surpassed seven figures!
In seven years of cryptocurrency trading, I peaked from 500,000 to over 9.6 million, but also experienced weeks of going to zero, feeling hopeless for half a year. I returned to the crypto market, opened a new account with 50,000 and have grown it to now. In fact, what they call the enlightenment of cryptocurrency trading is to remain calm and composed regardless of the market conditions, emotional state, or profit curve! I have used 80% of the methods and techniques in the market, but the most practical one is still bottom fishing! Today I will share everything, which will surely help you achieve the path from recovery to profit in the morning. My cryptocurrency trading strategy has only 4 steps, very simple, yet surprisingly effective.
Don't wait until you suffer losses to understand these
Retail investors don’t learn their lesson; each time they suffer huge losses because of these reasons. Are you also paying for the same mistakes? Every loss is a profound lesson, but why do most traders still find it difficult to avoid repeating the same mistakes? First, heavy positions will lead to death, the cost of greed. Trading with heavy positions is one of the easiest mistakes traders make. When you invest a large amount of money in a trade, you are effectively replacing rational decision-making with a gambler's mindset. The volatility of the market means that any trade carries risks, and heavy positions only amplify these risks, making it impossible for you to bear potential losses. Heavy position trading often leads to a broken capital chain, or even complete exit. The unpredictability of the market means you can never guarantee that every heavy position will be profitable. It is advisable to diversify investments, strictly control the risk exposure of each trade, keeping the risk of each trade between 1% and 2%, ensuring that even if losses occur, they will not deal a devastating blow to the overall capital.
Core Methods for Short-Term Trading in Cryptocurrency:
Core Methods: 1. Start Small: Recharge only 200 yuan (about 27 USDT) each time. 2. Set Clear Goals: Aim to grow this amount to 1000 USDT. 3. Bold Practice: Within a relatively concentrated timeframe, try various methods to achieve the goal. 4. Accept Liquidation: Expect to face liquidation several times during the process; this is part of learning and 'paying tuition'. 5. Core Purpose: The focus is not on finding specific buy/sell points, but on immersively feeling the market rhythm through hands-on practice, identifying market manipulation methods, and exploring a simple trading model that suits you. 6. Time Expectation: Immersive operations may take about 2 months to complete the final recharge and start 'surviving' (no longer easily facing liquidation).
Hello everyone, I am Su Hu, focusing on cryptocurrency for 12 years. Follow my public account [Crypto Tiger Brother], welcome to follow!
Why is it effective? Practice yields true knowledge: The experience gained through personal exploration is far more profound and useful than what others teach. Cost Control: Even if facing liquidation 20 times, the total cost is about 4000 yuan. As an entry tuition, this is highly cost-effective. Minimized Pressure: Small amounts allow you to relax your mindset, focusing more on learning and feeling the market rather than the pressure of significant losses. Survival First: Due to high volatility in cryptocurrency, learning to 'survive' (avoiding liquidation) is the foundation for making money. Important Reminders: 1. Use High Leverage with Caution: High leverage is extremely challenging and not recommended for beginners. Short-term trading requires a balance between aggression and stability. 2. The Significance of Small Amounts: Investing large amounts at the entry stage is equivalent to 'donating'. Starting with 200 yuan, if you incur a loss, recharge again; this is the most efficient and lowest-risk way to learn. Summary: Want to quickly get started with short-term trading in cryptocurrency? Use 200 yuan for repeated practice (accept liquidation), aim for 1000 USDT, and the core is to immerse yourself in the market and explore models. This is a cost-controlled, effective shortcut for beginners. The key is in 'doing' and 'feeling', rather than pursuing perfect techniques. Control leverage and test with small amounts.
As a novice, rushing into the cryptocurrency market, chasing highs and cutting losses, the result is relying on courage and luck, ultimately losing the principal.
So how can one achieve stable returns in the cryptocurrency market?
First, after reaching a profit peak, appropriately take a break from trading, learn to temporarily leave the market, because there are trading days for 365 days a year; don’t push yourself too hard.
Second, if there are three consecutive days of losses, immediately stop trading, reflect deeply on the source of the losses, to prevent falling into the same trap again.
Third, it is not advisable to trade when there is significant market divergence; during this time, market fluctuations are large, making it easy to incur losses.
Fourth, if the cryptocurrency price opens more than five points higher, it should be treated with caution; this may be a trap, don’t rush to jump in.
Fifth, when the cryptocurrency price is at a high volume, it is not advisable to chase the price up; this is likely a bait, don’t become the one left holding the bag.
Sixth, buy low when the market is weak, and buy in when it is strong, flexibly respond to market changes.
Seventh, if you don't have full confidence, don’t blindly increase your position; building a position in batches is the prudent way.
Eighth, only act within familiar operating modes, earn profits within your cognitive range, don’t be greedy and attempt to swallow an elephant with a snake.
Ninth, avoid left-side trading; don’t enter the market too early, wait for the best timing to act.
Tenth, do not participate in a downward trend; follow the market trend, and avoid going against the trend.
Today, in a conversation with fans, it was noted that most people in the cryptocurrency market are still incurring losses overall, many of whom initially were in a profitable state.
Many people like to hold positions every day, unable to control their hands; this may be the biggest reason for your losses. Additionally, some people have already incurred losses, and there are many who are trading cryptocurrencies while borrowing money; in fact, at this point, it has completely affected their mindset, and losses will only increase.
If you are also in this state, you can communicate and learn with other fans.
Recently, many analysts have been bearish on Bitcoin, with baseless claims about top divergence and institutional withdrawals emerging incessantly!
The so-called RSI top divergence refers to the situation where Bitcoin price reaches a new high, but the RSI (Relative Strength Index) fails to refresh its high simultaneously, theoretically indicating insufficient upward momentum, which may lead to a pullback or peak. The RSI indicator is mainly used to assess market trends and measure the strength comparison between bulls and bears, with a value range of 0-100: when RSI ≥ 70, the market is in an overbought state; when RSI ≤ 30, it is in an oversold state. Overbought often indicates strong short-term buying, posing a risk of pullback; oversold indicates significant selling pressure, which may lead to a rebound. However, the reality is that there have been multiple instances of top divergence signals in Bitcoin's history, but only a 20% chance of triggering a phase decline. The reference value of this indicator is limited, and past statements of 'calling the top' have been disproven by the market.
Many people have been in the cryptocurrency space for years, only to quietly exit in the end, not because they missed the bull market, but because they fell victim to the most basic mistakes.
I always feel that the dumbest way to trade cryptocurrencies is often the most effective. But this path is too slow, too tedious, and the vast majority of people cannot persist. Because they always fall prey to these three major "chronic issues":
a. The first is chasing the market. As soon as they see a coin rising, they rush in, fantasizing that it will keep soaring, only to buy at a high point and panic when it drops, missing the rebound. Only those who can get used to buying during downturns and selling during peaks truly reap the cyclical rewards.
b. The second is betting heavily on direction. The direction is right, but after a few washouts by the main force, they get forced out—not because of a wrong judgment, but because they couldn't hold on.
c. The third is emotional overexposure. They get too excited and go all in, losing the flexibility to adjust their positions. Even if they see the right opportunity, they can't move their funds and can only watch anxiously as the chance slips away.
Ultimately, in the cryptocurrency space, what loses is never the market, but the habits.
I have summarized a set of short-term "six-character mantra"; the reasoning is simple, yet easily overlooked: 1. When high-level consolidation is not complete, new highs are often still ahead; when low-level fluctuations are difficult to stop, it is easy to explore new lows. Do not act until the market changes.
2. Do not enter the market when it is in sideways movement. Most people die in the fluctuations.
3. Buy on a daily bearish close and sell on a bullish close. Following market sentiment is more effective than subjective judgment.
4. Slow declines are hard to rebound, and quick drops are easy to reverse. Only by understanding the rhythm can one seize the opportunity.
5. Build positions like a pyramid, enter in batches, and always leave bullets.
6. After large rises and falls, there will definitely be fluctuations, and after fluctuations, there will definitely be a market change. Don't bet at extreme positions; wait for signals to act.
The market is not short of opportunities; what it lacks are those who can endure, wait, and survive. You may think that experts rely on luck, but in fact, they take "dumb methods" to the extreme. Small circles are teaching every day, and everyone is continuously improving; what you learn is what you earn.
Summary of 10 experiences in cryptocurrency trading over the past few years for your reference. If you lose money, come to me.
Coins protected by market makers: When the market crashes and your coins don’t drop, there’s a high probability that market makers are protecting them. These coins either have solid fundamentals or potential good news, so hold on tight for greater profit potential later.
Beginner’s guide to moving averages: Beginners should pay more attention to macro information when buying and selling. For short-term trades, look at the 5-day moving average: hold as long as it stays above, and exit if it breaks below. For medium-term trades, focus on the 20-day moving average and apply similar strategies. Stick to a simple moving average strategy and act decisively.
Short-term adjustment strategy: If a coin bought for short-term investment doesn’t move for three days, switch it out immediately. If the price drops right after buying and you incur a 5% loss, cut your losses decisively. Efficiently utilize your capital to avoid further losses.
Timing for rebounds after sharp declines: If a coin has been halved from a high position and has fallen for nine consecutive days, it may have nowhere left to drop, and a rebound is imminent. Act decisively to buy and catch the rebound.
Investment logic for leading coins: When entering the cryptocurrency market, chase leading coins, which have strong upward momentum and resilience against declines. Don’t hesitate because of high prices or significant drops; buy once an upward trend is established and sell upon reversal.
Balancing bottom-fishing and trends: Don’t be fixated on bottom-fishing; coins that are falling may have no bottom. Investments should follow trends, accurately grasping entry timing. Entering during an upward trend significantly increases the probability of profit.
Building a trading strategy: In the cryptocurrency market, don’t get complacent after a single profit; sustaining profits is challenging. After each profit, review whether the strategy was effective or just luck, and build a strategy that suits you.
Using a cash position strategy: When uncertain about the market, hold cash; safety of capital is paramount. Entering the cryptocurrency market should be for stable asset appreciation, not for gambling-style investments. Trading is about success rates and risk-reward ratios.
Key points for investing in new coins: New coins often see price increases due to positive market sentiment and influx of capital; however, they may lack fundamental support. Changes in market sentiment and capital withdrawal can lead to price crashes, so investment requires careful evaluation.
Consensus and wealth in the cryptocurrency market: Digital currencies develop through consensus mechanisms, where participants earn wealth through belief and effort, showcasing the power of consensus in the cryptocurrency market and its wealth-creating potential. If anyone is confused due to market fluctuations and unsure how to deal with being trapped, or feels misled during operations, remember to keep learning.
In the crypto space, what you see are stories of getting rich, but what I see are corpses everywhere.
You must understand one iron rule: the crypto space is a zero-sum game, or even a negative-sum game. When you see others earning a car like a Maybach overnight, it might be because a thousand people behind them are buying in. You see others getting rich on MEME projects, but you don’t see more people who are still in TG groups at 3 AM watching the market, crying after projects rug, and deleting apps overnight. Getting rich is real; Dying suddenly is indeed a possibility. The opportunities in the crypto space are a double-edged sword; getting close may lead to soaring profits or being harvested. People who want to get rich in the crypto space can be divided into three categories. ① First type: Knows nothing, only hears that 'it can make money', and goes straight into contracts.