August concludes perfectly, and the season of 'Golden September and Silver October' arrives!
What has passed is either joy or sorrow, and as September begins, we will welcome new market fluctuations. September is extremely important for the cryptocurrency sector!
In the current environment, more people are not optimistic about the current market situation, believing that there will be a significant drop, at least one more crash before a bull market begins. As for where it will drop to, and where to bottom out before the bull market, everyone has their own views on this. Based on long-term predictions and historical patterns, a second bottom or the arrival of a bottom position is likely to occur soon, possibly before November this year. Rest assured, the second bottom will definitely not rebound like the first time, where it spiked and directly bounced back. The truly despairing market is one that continues to fall without a rebound, leading the market to never know where the bottom is. This will cause panic and despair in the market, prompting people to cut losses and exit, allowing the big players to accumulate shares, preparing for subsequent rises.
Traditionally, September may not be the most favored month by the market, compounded by Bitcoin currently hovering in a somewhat awkward price range, making it difficult to ignite widespread and enthusiastic market participation. However, the market is always full of unknowns and variables, and its charm lies in this. Looking back at the beginning of August, many observers in the market may not have anticipated that sudden crash would be so shocking. This past experience reminds us that even seemingly the most rational predictions can appear powerless in the face of an unpredictable market.
From the current chart perspective, although the market is maintaining a horizontal consolidation trend in the short term, I have previously mentioned that this is a state of horizontal decline. The current position of the market is very friendly for bulls. With the monthly and daily closing lines approaching, there is no room for a change in trend now; everything will soon settle down. Moreover, the support below is relatively strong. After the weekend's volatile adjustment, the upcoming market will likely first test the upward pressure platform. The daily and four-hour channels are both closing in to form a bottom, so be patient and wait for an increase in trading volume during the session! #九月加密市场能否突破? $BTC
Damn! The vacancies at this point can be exploited [旺柴]!
Adjust your mindset and directly follow the trend, seize the thousand-point market, and recover unnecessary losses;
Failing once is not scary; what’s scary is that you can’t learn from failure. Get motivated, this failure is the beginning of your next success! #加密市场回调 $BTC
翻仓之神
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Bearish
🈳It's really exhausting to go down, keep holding on! #九月加密市场能否突破? $BTC
Damn, as soon as I released it, it skyrocketed, damn 🐶 the dealer is watching me! I was too tired last night and went to bed early, missed the opportunity, woke up early in the morning and caught up with the market, took a quick look while going to the bathroom:
Anyone with ideas, let's join together and beat the 🐶 dealer with Brother Fa! #非农就业数据来袭 $BTC
Tonight at 22:00, the US August ISM Manufacturing PMI will be released👀!
This is a key indicator reflecting the economic activity of the US manufacturing sector, with values above 50 indicating expansion and below 50 indicating contraction.
Let's look forward to the data release and see the current status and trends of the US manufacturing sector😉.#非农就业数据来袭 #加密市场回调 #币安HODLer空投SOMI $BTC $XRP $BNB
Start a new challenge from 10,000 u to 300,000 (First Stage)
Currently 12,560 u
Come and talk to me, Heizi [Cursing], do you still not believe in Fa Ge [Arrogance]? Looking at this market, it just can’t go up. Simply place an empty order 🈳, don’t worry about anything, just wait to collect money [Grinning], collect when it’s time, don’t be greedy. This is just a small [Wangchai] part of the contract, take the profit when it’s good. Follow Fa Ge for some meat to eat [Color]!#九月加密市场能否突破? $BTC
With the US stock market closed, the market's rise is still strong. Although I exited early, I successfully completed the 200,000 u ultimate challenge;
The difficulty is increasing, so let's continue preparing for the next challenge. If you have ideas, join in and don't miss this exciting moment!
The monthly U.S. non-farm payroll data is coming this week, which is a super critical economic indicator; The Shanghai Cooperation Organization summit will also conclude, and China's August manufacturing and services PMI will be released;
Let's look forward to what new changes these will bring to the market😉. #加密市场回调 $BTC
This weekend's market is so strong, as long as you're not greedy, you can earn money with your eyes closed 💰. Some people are still losing money, I don't know how you all are doing it? After a big drop in the morning, a small rebound of 1,000 points was achieved;
Strength is not just talk, it is proven through hard work over time and reputation. If you have ideas, let's join together!#加密市场回调 $BTC
After years of struggling in the cryptocurrency world, I have accumulated 10 valuable experiences to share with everyone, a must-read for beginners!
Reading this will help you avoid many detours, so don't miss out.
1. Do not be overly greedy; wealth in the cryptocurrency world is endless and difficult to gather all at once.
2. There is no need to be overly fearful; the market makers will ensure that the major price remains stable and will not easily allow it to crash.
3. The main players also have their difficulties; selling is always their biggest concern.
4. During a decline, cryptocurrencies that show increased volume at the bottom, regardless of whether they can achieve a true breakout, are worth paying close attention to.
5. Perhaps all it takes is a little more persistence; the storm of market manipulation can pass in an instant.
6. When trading on a medium-term basis, select a cryptocurrency and hold a medium position, reducing holdings at highs and increasing at lows, repeating this cycle with flexibility.
7. Short-term trading requires close attention to the K-line trend, market sentiment, and the four key factors of upward speed.
8. Entering cryptocurrencies that are in the bottom-building stage has a relatively high safety factor.
9. Choosing to buy cryptocurrencies that are accelerating in price is often the right move.
10. The reference value of divergence phenomena in technical indicators is far higher than the pure numerical value itself. #ETH走势分析 $BTC