#美联储FOMC会议 $BTC Recently, even with positive news, Bitcoin struggles to rise. Moreover, its trend has long ceased to follow the previous four-year cycle. Altcoin prices have dropped for six consecutive weeks; whether they can bounce back depends on whether the next few weeks can stop the decline; otherwise, they will continue to weaken. Currently, it all depends on the Federal Reserve's policies and the broader environment. However, some big players say that although some people have made money and left in the short term, long-term holders have not moved at all, and the amount of Bitcoin on exchanges is still decreasing. At the price range of 93,000 to 98,000, many people are stockpiling, and it can't drop further for now. Looking at the technicals, Bitcoin has held up at 102,700, and the next move will either break the previous high or fluctuate between 106,000 and 108,000. The current market situation is very similar to the fluctuations of 2024; it's advisable to avoid excessive trading.
#越南加密政策 #越南加密政策 🇻🇳🔥 Vietnam's central bank latest statement: does not prohibit cryptocurrency, but will strengthen regulatory framework, focusing on combating illegal financing and fraud! 📌 Key developments: - 2025 pilot: research central bank digital currency (CBDC), explore compliant crypto payment channels - Tax tightening: intends to impose 10% capital gains tax on crypto transactions (currently 0%) - Exchange licenses: requires foreign platforms (such as Binance) to be locally registered 💡 Market impact: 2 million crypto users in Vietnam may shift to compliant platforms, local projects accelerate KYC/AML upgrades. #Blockchain #Cryptocurrency #Regulation #VietnamEconomy #DeFi
To be honest, when I saw the news about Trump embracing Bitcoin, I was quite surprised. Back in the day, he criticized Bitcoin fiercely, calling it 'air money'. Now, he has made a complete 180-degree turn and started accepting Bitcoin donations! I think there are several key reasons behind this. First, we have to admit that Bitcoin's influence has become significant. Look, Wall Street giants like BlackRock and Fidelity have all entered the market, launching Bitcoin ETFs, which has directly promoted the popularity of Bitcoin. Moreover, Bitcoin's scarcity is evident; there is a total of 21 million coins, and once they are mined, there will be no more. This scarcity, combined with the ever-increasing market demand, has driven its value up. Furthermore, with the upcoming U.S. elections, gaining the support of young voters is crucial. Cryptocurrency is very popular among young people, and Trump's team has surely noticed this. Embracing Bitcoin will undoubtedly help him win more votes from the younger demographic.
#卡尔达诺稳定币提案 Cardano Stablecoin Proposal: Promoting New Changes in Blockchain Finance** Cardano, as a leading third-generation blockchain platform, has recently proposed a stablecoin proposal that has attracted widespread attention. This proposal aims to enhance the usability and financial inclusiveness of the Cardano ecosystem by introducing a stablecoin anchored to fiat currencies. The addition of stablecoins will effectively reduce transaction volatility, attracting more traditional financial institutions and users to participate, while also providing a more stable infrastructure for decentralized finance (DeFi) applications. This proposal not only reflects Cardano's emphasis on compliance and technological innovation but may also accelerate its implementation in scenarios like payments, lending, and cross-border transfers. If successfully implemented, Cardano is expected to secure a place in the highly competitive stablecoin market and compete directly with platforms like Ethereum and Tron.
$BTC Today, no one sang bullish anymore, These past two days, even my fans who told me to roll away haven't come out to curse. Last night, I told everyone to go short on BTC at 110K, stay calm inside, Short ETH at 2850, and it kept surging up, I told everyone to set a stop-loss at 2900, after all, this is a live trading session, still panicking a lot, if we set a stop-loss on-site, some people would still be uncomfortable, but there was no face-slapping. Especially a big player came in, looking at the 3-minute chart, up and down 30 dollars, to lose or earn 20-30K dollars, damn, asked me, bro, go long or go short, I was panicking a lot at that moment, if I got the direction wrong, I would be cut down and have to run away with a bucket. Yesterday, the US CPI index was higher than expected, at 2.4. This indicates that inflation is still very stubborn. The possibility of the Federal Reserve cutting interest rates in July is gone. Moreover, US Treasury yields remain high, Trump is also in a difficult position, without rate cuts, it feels like a thorn in the throat, painfully unbearable.
#美国加征关税 China and the United States played a deadly negotiation in London for 48 hours, temporarily pressing the nuclear button of the trade war, but the fuse is still burning; August 10 is the life-and-death line! Temporary painkiller: The United States loosened its grip a bit on rare earths. China also eased some restrictions, allowing rare earth companies in Shenzhen to export again. The most drastic move is the plummeting tariffs! The punitive tariffs imposed by the United States on China were cut from 145% to 30%, while China's tariffs on the United States dropped from 125% to 10%. This is definitely a significant concession from both sides! BUT! A timed bomb hangs overhead: August 10 is the deadline! If no agreement is reached before then, all reduced tariffs will “boom” back up, or even higher! This is not an agreement; it is simply a delayed explosion!
$ETH provides a simple summary of the recent market analysis and recommendations for the subsequent cryptocurrencies to watch out for: Currently, the focus is on the CPI data release at 20:30 tonight. If it’s negative, there may be a slight pullback, but it won't affect our future trend. Conversely, if inflation cools down positively, the market will recover quickly. The short position we entered at noon today for $ETH has an average price around 2791, and it has already doubled. The intraday volatility is not very large, and the bottom support is still strong, so we will take some profits for now and wait for evening operations. Currently, most of the top 10 cryptocurrencies by growth are from the DeFi sector, and the reason for the strong rise is something I believe everyone has some understanding of: ①: The SEC chairman has released signals of relaxed DeFi regulation, which is positive news. The cryptocurrencies we are optimistic about include: #UNI, AAVE, and COMP, which have also shown good growth. We can also see the compliance of the crypto market! ②: The effective communication between China and the United States in trade has boosted the financial markets! Therefore, it is actually not suitable to chase the current rally; you can pay attention to the ecosystems that have not yet surged: $SSV, and find a suitable position to enter.
#加密圆桌讨论 Discussing the recently concluded crypto roundtable meeting by the SEC. This sudden shift in regulatory winds has sent adrenaline levels soaring across the entire crypto space—should DeFi developers be protected like software engineers, or should they be severely punished like financial institutions? 1. SEC's 180-degree shift in regulation: from "iron fist crackdown" to "issuing get-out-of-jail-free cards" In the past few years, the SEC has been quite ruthless, with Gensler's era frequently prosecuting Uniswap and Coinbase, causing project teams to flee to Singapore overnight. However, at this roundtable meeting, the new chairman Paul Atkins directly unveiled three major explosive policies:
Miners and staking service providers are not considered securities intermediaries: PoW/PoS players can finally breathe easy, ETH2.0 staking with an annualized return of 5%? The SEC won't stop you from collecting rent anymore!
Brothers, have you heard? The Nasdaq crypto ETF has expanded again! This is not small news; what does it mean? It means that Wall Street's funds are accelerating their influx into the crypto world! Think about a few years ago when traditional financial institutions scoffed at cryptocurrencies; now? They are rushing to launch various crypto ETFs, fearing they might miss out on this wealth train. Behind this is the increasing recognition of cryptocurrencies by users who all want to get a piece of the pie. This time, the two coins DEXE and SHELL have also been included. DEXE is a decentralized exchange protocol, while SHELL is an NFT concept coin. Their inclusion indicates that institutions are not only focused on mainstream coins like BTC and ETH but are also starting to pay attention to emerging fields like DeFi and NFTs.
Recently, the cryptocurrency market has been very volatile. Have you also been staring at the screen until your head spins? Let me recommend a practical trading tool—Binance's grid trading! I have a friend who is an experienced trader. Previously, he manually set up grid trading, adjusting price ranges and parameters, and it was exhausting, and he often missed the best opportunities. Since he started using Binance's grid trading, it has become much easier for him. The principle of this tool is not hard to understand; it divides your funds into several parts and automatically buys low and sells high within a set price range. For example, if you are optimistic about a certain coin and believe it will oscillate within a specific range, you can set up a grid and let the bot trade for you, earning profits from the fluctuations.
The first meeting of the China-US economic and trade consultation mechanism will continue On the afternoon of June 9, local time, the first meeting of the China-US economic and trade consultation mechanism was held in London, UK. Reporters learned that on June 10, local time, the first meeting of the China-US economic and trade consultation mechanism will continue. Previous news The first meeting of the China-US economic and trade consultation mechanism began in London, UK.
The few upward candlesticks that came down directly pulled the price back. Candlestick charts are not just simple red and green bars; they conceal the market's emotions and the struggle for capital behind them. If you want to survive in the cryptocurrency world, not understanding candlestick charts will make it truly difficult to move forward. By the way, what indicators do you usually use to assist in analyzing candlestick charts? Let's exchange ideas together!
#常见交易错误 Do you remember when I first started trading contracts, watching the numbers in my account fluctuate made my heart race like I was at a dance party! There was a time when I set my sights on a coin called SOP, convinced it was bound to drop, and I went all in shorting it! What happened? The market played a big joke on me, the price kept climbing, and my unrealized profits were in the green, making me shiver with pain. At that moment, I truly understood what it means when people say 'the market teaches you a lesson.' Later, I realized that relying solely on intuition and impulsive decisions doesn't work in the contract market. **Position management**, **stop-loss settings**, these are hard-earned lessons from painful experiences. Just like this time, even though I was right about the short direction for SOP, if I hadn't been so greedy, managed my position well, and set a stop-loss, I wouldn't have been hit so hard by the market.