北回归线

Did you know? Bitcoin is really being forcibly pushed up. The Nasdaq, which is deeply linked to the crypto circle, has gone crazy recently, rising continuously by 40%, forcibly pulling Bitcoin up. However, the buying power in the crypto circle itself has exited, making it so that Bitcoin can't go up or down right now.
But a major change is about to occur because, as you can see in the chart, the Nasdaq is approaching historical highs again, which is really very, very subtle. If it goes further, there will be vast possibilities, like the stars and the sea. But if it takes a step back, then it would mean a significant correction at the top.
So in the next few days, I will be particularly cautious, observing more and acting less. If Bitcoin can reach previous highs and then fake break through before dropping back down, that would be the perfect opportunity for a high short position, just like the fake drop below 98,000 this week followed by a surge upwards. Shu Qin has been paying attention to this lucrative opportunity.

Tonight's live broadcast, sharing suggestions with fans.
1. From a long-term perspective, this week, BTC has a long upper shadow, with strong bearish forces; there is a possibility of continued pullback next week.
On the daily chart, it shows an M-top formation, creating a double top, currently facing support from the lifeline, but it is precarious, with a high probability of breaking down.
From the pattern's perspective, it has been in a volatile market these past two days. Even if there is a rebound, it will continue to move downward later.
On the four-hour chart, there is a short-term need for a rebound; one can short at 106500, at least around 107500.
Below, in the volatile range, long at 103000 is relatively safe. If it breaks down, it will go directly to 100000.
From the three-day line, it can be seen that a significant pullback relative to the mid-term is about to begin. Even if there is a rebound recently, it will still pull back downward later. Recently, the strategy should mainly be to short during rebounds. For safety, you might also consider not going long, which is also fine.
2. ETH, on the weekly chart, has multiple long upper shadows. A large amount of selling occurs between 2600-2800, and many people are trapped. If it breaks below 2400 later, it will drop to around 2100. One can short at around 2580 on a rebound, with a stop loss at 2610. Alternatively, one can consider going long at 2507, with a stop loss around 2470.
3. SOL, today the trend is strong; I started going long around 146. At around 152, one can consider going short, at least around 154. From the pattern's perspective, this asset still has a chance to reach around 160 in the next couple of days. A pullback to around 147 can be considered for going long, with a stop loss around 144.
4. PEPE has short-term rebound demand; go long around 112, with a stop loss around 1080.
5. Today I asked a question: why can't middle-aged men leave cigarettes and alcohol? Perhaps our loneliness and helplessness can only be borne by ourselves. Bitter wine is a good medicine; we can only coexist with ourselves. $BTC

Tonight's live broadcast, sharing suggestions with fans.
1. From a long-term perspective, this week, BTC has a long upper shadow, with strong bearish forces; there is a possibility of continued pullback next week.
On the daily chart, it shows an M-top formation, creating a double top, currently facing support from the lifeline, but it is precarious, with a high probability of breaking down.
From the pattern's perspective, it has been in a volatile market these past two days. Even if there is a rebound, it will continue to move downward later.
On the four-hour chart, there is a short-term need for a rebound; one can short at 106500, at least around 107500.
Below, in the volatile range, long at 103000 is relatively safe. If it breaks down, it will go directly to 100000.
From the three-day line, it can be seen that a significant pullback relative to the mid-term is about to begin. Even if there is a rebound recently, it will still pull back downward later. Recently, the strategy should mainly be to short during rebounds. For safety, you might also consider not going long, which is also fine.
2. ETH, on the weekly chart, has multiple long upper shadows. A large amount of selling occurs between 2600-2800, and many people are trapped. If it breaks below 2400 later, it will drop to around 2100. One can short at around 2580 on a rebound, with a stop loss at 2610. Alternatively, one can consider going long at 2507, with a stop loss around 2470.
3. SOL, today the trend is strong; I started going long around 146. At around 152, one can consider going short, at least around 154. From the pattern's perspective, this asset still has a chance to reach around 160 in the next couple of days. A pullback to around 147 can be considered for going long, with a stop loss around 144.
4. PEPE has short-term rebound demand; go long around 112, with a stop loss around 1080.
5. Today I asked a question: why can't middle-aged men leave cigarettes and alcohol? Perhaps our loneliness and helplessness can only be borne by ourselves. Bitter wine is a good medicine; we can only coexist with ourselves. $BTC

Warning! Bitcoin price may break the $90,000 mark, deep correction imminent

Completed, bottom fishing, turned into a project party.

I keep telling myself, I can't add more positions, anyway, it's just earning a billion, adding more positions no longer makes sense.

I have gradually recharged 3.5 million, increasing my position to 8 billion LUNC. Holding a total amount of 1.23/1000.

I just can't understand, a $300 million market cap deflationary public chain, Binance burns 50% of trading fees on the 1st of every month, 99.9% decentralized. How can you not be tempted?

Every time I think of this, I want to invest more money.

This $300 million public chain can completely benchmark against Ethereum's $300 billion.

1. Decentralization, 99.9% of LUNC tokens are minted by retail investors worldwide, 0.1% inherited from Luna. 99.9% decentralized, while Ethereum is only 50%, with 50% of tokens minted by miners, the remaining 50% minted by founders, pre-sale allocated to investment institutions, foundations, etc.

2. Deflation, even though Ethereum's ecosystem is so vast, it still cannot achieve deflation, with total supply increasing daily, LUNC relies on a 0.5% whale tax, imposing heavy taxes on institutions and whales, leading to a total supply decrease every day, every hour, every minute. Transferring 100 million requires burning 500,000 in fees.

3. The world's largest exchange burns 50% of trading fees on the 1st of every month, on June 1st, 498 million LUNC were burned. Compared to the exchange's burn, more destruction comes from the on-chain 0.5% whale tax, with an average of 200 million burned daily over the past year.

4. Ethereum is a pioneer of smart contracts and has epoch-making significance, while LUNC has an algorithmic stablecoin pioneer, also possessing milestone significance.

5. Speaking of others, meme, DeFi, NFT, stablecoins like USDC, whatever Ethereum has, LUNC has too. Yet their market values differ by 1000 times.

Every price fluctuation drives frequent transfers from on-chain whales, and the 0.5% whale tax brings massive fee burns; heavy taxes are the foundation for public chain deflation. This is why 04653326529 and $SOL cannot achieve deflation, whereas LUNC can.

With a market cap of only $300 million, even if it rises 20 times, it would only be $6 billion, and 30 times would be less than $10 billion. In your hands, with hundreds of billions or even trillions in market value tokens, do they have deflation? Or decentralization? Or Binance's 50% trading fee burn?

With a market cap of just $300 million, deflationary public chain, 99.9% decentralized, and Binance burning 50% of trading fees on the 1st of every month, doesn't this make you excited?

This operation by the family stamp is impressive.

A-Liang's incredible play this time, teachers!

Who said there is no legal qualification for handling cryptocurrency in China? The question is, is your father called Li Gang? ? ?

🤔JPMorgan CEO Dimon claims Bitcoin has no intrinsic value, but political changes may benefit cryptocurrencies

JPMorgan CEO Jamie Dimon recently expressed his skepticism about Bitcoin in an interview with CBS News, stating that Bitcoin "has no intrinsic value in itself."

He noted the association of cryptocurrencies with illegal activities such as money laundering and human trafficking, which has tarnished their reputation. He bluntly stated, "I don’t feel good about Bitcoin." This is consistent with his long-standing views.

Nevertheless, Bitcoin’s price has doubled over the past year, partly due to the Federal Reserve's interest rate cuts and expectations of a more favorable regulatory environment under the Trump administration.

Dimon's criticism of Bitcoin is not new. In an interview with Bloomberg last April, he referred to Bitcoin as a "fraud" and a "Ponzi scheme."

Recently, he compared investing in Bitcoin to smoking, acknowledging personal freedom but opposing it. He said, "I appreciate your ability to buy or sell Bitcoin, just as I believe you have the right to smoke, but I don’t think you should smoke."

However, the political landscape is changing. The incoming Trump administration is expected to take steps to legalize digital assets. Trump has called himself the "crypto candidate" and has accepted campaign donations in various cryptocurrencies, including Bitcoin, Ethereum, Dogecoin, and Solana.

At a Bitcoin conference last July, Trump proposed establishing a national Bitcoin reserve and claimed that the U.S. must become the crypto capital to compete globally, especially against economic powerhouses like China.

In addition to discussing cryptocurrencies, Dimon also commented on Elon Musk's proposed government spending plan. Musk is now a significant ally of Trump, proposing substantial cuts to government spending and claiming he could reduce the budget by "at least $2 trillion." While Dimon supports improving government efficiency, he remains cautious about the feasibility of Musk's ambitious goals.

In summary, the future of Bitcoin and cryptocurrencies remains uncertain, but the Trump administration's arrival could bring some changes. Let’s wait and see!

#比特币 #加密货币 #特朗普政府

It is no longer decentralized, but is slowly evolving into a centralized system.

$BTC Smart people don’t take the last bit of profit, they will lose the big picture because of the small, they should run quickly, all the cottages are unable to get up, they are all shipping, even the cottage dealers are shipping!

Run quickly, don’t hesitate!