The longer the sideways movement, the stronger the rise
"The longer the horizontal, the higher the vertical". When the market is in a sideways fluctuation, the main force is actually busy accumulating positions. The more they accumulate, the more intense the subsequent rise will be. This is what is known as "the main force building positions". You might think the market is quiet, but in reality, a big surge is brewing.
A sudden drop during a sideways market is often just a shakeout; after a drop, there must be a rise. Conversely, if there is a sudden rise, don't rejoice too early; this may just be a trap to attract more buyers. The main force is washing out the weak hands, and only after that will the real market movement start. Remember, after the "position washing" is done, the real opportunity will come.
Congratulations to the big cousin for becoming the richest person in the Chinese community!
Your outstanding vision and relentless efforts have led Binance from its startup phase to a global leader, creating a business legend.
Your success not only showcases the limitless potential of Chinese people on the global stage but also inspires countless individuals to bravely pursue their dreams and surpass themselves.
In the wave of blockchain and digital economy, you have written your own brilliant chapter with wisdom and courage.
Wishing you continued leadership in the industry and more brilliance in the future! @cz_binance #Binance #币安
In recent days, profits have been severely retraced; not taking profits leads to losses, and stubbornly holding on leads to disaster. I realize it's my increasing greed that is to blame; I need to reflect!
Fifteen iron rules that must be strictly followed in crypto trading
One, capital is paramount, survival creates opportunities. The first rule of investing is to protect your capital; survival is the foundation of long-term competition in the crypto market; without capital, all actions are in vain.
Two, restrain greed, steady profits come from small gains over time. Don’t always think about getting rich overnight; not being greedy helps you secure profits, consistently earning small profits can lead to considerable returns in the long run.
Three, focus on varieties, trade along with market trends and manage positions. Don’t spread your focus too thin across too many varieties; never fully invest, trade according to market trends, as trends are king.
Four, trade lightly and steadily, avoid heavy positions. Don’t over-leverage, don’t stubbornly hold losing positions, and don’t trade frequently; these three ‘no’s are key to controlling risk.
Trump and Musk's century-long showdown, the president takes the lead in eliminating the inner circle.
The conflict between Trump and Musk originated from their close collaboration since the 2024 U.S. election, which gradually broke down, evolving into a public standoff.
Here is the background of the events:
1. Background of cooperation (2024 election): - Musk strongly supported Trump in the 2024 U.S. election, investing over $290 million, promoting on the X platform, creating a super PAC (America PAC), and organizing raffle events to help Trump win. - Trump reciprocates by appointing Musk as head of the Department of Government Efficiency (DOGE), responsible for cutting government spending. The two had a close relationship at one point, with Musk often accompanying Trump, participating in White House meetings, and even engaging in talks with foreign leaders.
Today Binance ALPHA, the BSC chain is in chaos, fortunately, I didn't miss it. Yesterday I invested in PRAI, which has just started to move after a period of sideways trading at the bottom. Currently, I'm making a small profit of 30 points. After all, it's an investment from Binance and OK, so it shouldn't perform too poorly. The target is initially set at 0.05, everyone can pay attention to it! #PRAI #BinanceALPHA #BSC
1. When the price of a coin rises and then corrects but the trading volume hasn't decreased much, it indicates that the market is still active and may continue to rise. However, if the price hits a new high but the trading volume decreases, be cautious, as it may be nearing its peak.
2. If the price of a coin lingers at a low level for a long time, don’t rush to buy. Observe whether it will test the bottom again and then rebound sharply. If this reversal occurs, it could be a good buying opportunity.
3. If a coin has been hovering at the bottom for a long time and suddenly breaks out only to drop back again. Don't rush; wait for it to break out again, as that may indicate it is really about to take off, with a significant potential rise.
4. When the price of a coin is surging forward and then starts to move sideways, experiencing small fluctuations up and down. At this point, be alert, as the market may be luring you in, while risks are quietly accumulating. #BTC #ETH #SOL #BNB
Going to work, below are Binance ALPHA's recent new listings and airdrops, two today and one tomorrow. The few accounts I have are not enough, so I can only watch with envy these days. I will continue to increase my efforts, on the BSC chain, refreshing 16 times a day for 1050U. Now I can earn 17 points daily; in 15 days that's 255 points, allowing me to continuously participate in four rounds of airdrops. This wallet is profitable!
On May 27, Binance Wallet's exclusive TGE is back! The 19th phase goes live @Elderglade ($ELDE) ⏰ Subscription time: May 27, 2025, from 4 PM to 6 PM (UTC+8) 📜 Subscription eligibility: Users with Binance Alpha points greater than or equal to 198 can participate in this TGE event through the Alpha activity page. Participating in this TGE event will consume 15 points.
On May 27, Binance Alpha will become the first platform to launch Puffverse (PFVS)! The trading opening date is May 27, with specific timing to be announced later. 🎁 Eligible users need to use Binance Alpha points to claim airdrops on the Alpha activity page; the activity page and details will go live on May 27.
On May 28, Binance will be the first platform to launch SOPHON (SOPH): 🔸 Alpha trading opens: May 28, 2025, at 21:00 (UTC+8). 🔸 Contract trading opens: May 28, 2025, at 21:30 (UTC+8). 🎁 Eligible users need to use Binance Alpha points to claim airdrops on the Alpha activity page; the activity page and details will go live on May 28, 2025, at 21:00 (UTC+8).
In the cryptocurrency world, two types of people are likely to realize their wealth dreams.
The first type is the lucky ones. They might have casually invested tens of thousands, coincidentally finding popular projects during a bull market, quickly doubling their money and heading towards a better life. The rational ones do not squander; they take a portion of their money to buy a house, buy a car, make some low-risk investments, and live a low-profile life to avoid trouble. The solid sense of happiness gives them peace of mind.
The second type earns their living through skill. After stepping into countless pitfalls and suffering losses, they seriously reflect and think, eventually forming their own strategies in the cryptocurrency world, creating their own trading system, and genuinely treating the crypto market as an ATM.
In summary: luck is a rare gift from above, but the ultimate way out is to enhance your own abilities, as skills will always accompany you. #BTC #ETH #SOL #BNB
SOON is going to be listed on Binance ALPHA, and I'm able to enjoy pork rice again, feeling quite lucky. Previously, I used points to claim an airdrop and thought I wouldn't be able to get it in the next few days. Unexpectedly, this time only 190 points are needed to receive 180 SOON airdrops. Thank you, Binance, Binance is awesome! #SOON
Binance airdropped 1000 MERL to users with an Alpha score of 193. I just missed the airdrop and bought 100 MERL for 100 USDT, seeing the market cap so low, it's like a lottery! #MERL
Today is May 20th, I will stand my ground and uphold my integrity starting from myself! Yesterday I traded 30,000 U, incurring a loss of over 30 U. Now I want to make sure I benefit from each phase, so I must increase my intensity. In the ALPHA trading competitions, if you don't push harder, you can't succeed. How many points do you all have left?
Schedule: May 21: Binance Alpha launches TGT, Points threshold: Specific activity page and details will be announced on May 21!
May 23: Binance Alpha launches SOON Points threshold: Specific activity page and details will be announced on May 23!
B2: Current minimum trading amount to enter the leaderboard is 199709 U AIOT: Current minimum trading amount to enter the leaderboard is 35181 U MYX: Current minimum trading amount to enter the leaderboard is 33311 U ZKJ: Current minimum trading amount to enter the leaderboard is 164082 U
Recently, I discovered something quite strange: many people are wholeheartedly invested in altcoins, yet they don't even glance at mainstream coins. Holding mainstream coins is actually in line with the broader trend, following the market, and is relatively stable; however, being fully invested in altcoins, many believe this is a shortcut to becoming rich overnight. But there are truly too many pitfalls within.
First, let's talk about safety. The market cap and liquidity of altcoins, along with other key data, are often fabricated by the project teams. You are eagerly anticipating a big profit, but it’s very likely that the project team will leave you with nothing, losing all your investment.
Next, let's look at market fluctuations. The volatility of altcoins is often much greater than that of mainstream coins. People tend to focus on those altcoin cases that can increase tenfold, a hundredfold, or even a thousandfold, but those that drop to 'air', losing value by hundreds or thousands of times, are selectively ignored. Once a crash occurs, it’s possible for account assets to be wiped out instantly.
There’s also the impact on personal emotions. When coin prices rise, naturally everyone is joyful, feeling like they’ve reached the peak of life; but if coin prices plummet, many retail investors simply can't withstand that kind of anxiety. They can’t sleep at night, can’t eat, and are completely engulfed by negative emotions, making their lives a mess.
Being fully invested in altcoins, with good luck, you might indeed harvest unexpected surprises, and becoming rich overnight is not impossible. But it must be clear that the hidden risks here are truly significant. When investing, one must leave themselves an exit strategy, and not put all their eggs in one basket. Reasonably allocating positions and prioritizing the allocation of mainstream coins is the long-term strategy for making stable profits in the crypto space. #BTC #ETH #SOL #BNB
Brothers, today's pork knuckle rice is here, charging forward for a value of 78U. ALPHA is working overtime this weekend, initially thinking there would be two days of rest 😂, but now it's non-stop, maintaining a combat state every day!
Binance Alpha has now launched $REX Threshold: 196 Alpha points, you can claim an airdrop of 3935 $REX tokens. Claiming the $REX airdrop will consume 15 points, and must be claimed within 24 hours, otherwise it will be gone.
Going to work, ALPHA insists on checking it daily, the pork trotter rice can't be finished at all, the new token offering is here again, starting at 3 PM, collecting money at 5 PM!
Binance Wallet: 17th round new token offering $AGT Individual maximum investment of 3 BNB ⏰ Subscription time: May 16, 2025, from 3 PM to 5 PM (UTC+8) 📜 Subscription qualification: Users with points greater than or equal to 186 can participate by consuming 15 points.
SIREN's performance this round is even stronger than that of the rocket, and my palms have not stopped sweating!
Take profits when you should, collect when you should, I can't shake the feeling that this candlestick chart is like the calm before the storm, faintly sensing a hint of decline.
There’s no feast that doesn’t end, I won’t be picking up the tab this time! #SIREN
Today feels good, had a luxurious pork trotter rice, 198 NXPC sold for 282 dollars, really impressive, I sold out, those who haven't claimed it yet should hurry up to claim, the current price is much higher than the listing price!
Any Binance user who meets either of the following two conditions can claim an airdrop of 198 $NXPC tokens on the Alpha activity page starting from May 15, 2025, 14:00 (UTC+8):
1. Alpha points greater than or equal to 187; 2. Alpha points between 143 and 186 (inclusive), and the Binance account UID ends with the digit 9.
Please note that claiming the $NXPC airdrop will consume 15 Alpha points. Users need to complete the claim within 24 hours after the claim opens (i.e., before 14:00 on May 16, 2025, UTC+8), otherwise it will be considered a waiver of the airdrop claim.
Completed, today's pig trotter rice cannot be eaten, the point deduction system that started yesterday deducts points every day, brothers, did you get to eat? How much do you swipe every day?
Binance Wallet New Listing Phase 16 $PRAI Launch
Subscription Time: May 14, 2025, from 6 PM to 8 PM (UTC+8) Subscription Qualifications: 1. Points greater than or equal to 198; 2. Points between 162 and 197 (inclusive), and the Binance account UID ends with the number 0.
Users need to confirm participation in this TGE on the Alpha activity page and will consume 15 points. #Binance Wallet #BNB #ALPHA #PRAI
Why Can't I Hold the Coins? Here are two very important reasons:
The first point is that the back-and-forth market testing is a test of your patience; many people lack patience. If one's will is not firm, they want to run at any profit and want to run at any loss, going back and forth until they get shaken out, and when it starts to rise again, their legs are already sore.
The second point is a problem with position management. Trading with money you can't afford to lose, going in heavy and all-in, and if the market doesn't move as expected in a short time, you won't be able to hold on. How to avoid this? You must use your spare money to trade, maintaining a calm mindset about gains and losses that won't affect your normal life, and naturally, you'll be able to hold onto the coins!
Do you guys agree? @genius_sirenBSC #BTC #ETH #SOL #BNB #SIREN