Check out my position distribution, feel free to follow! I mainly invest in mainstream coins, including Bitcoin, Ethereum, Solana, Dogecoin, etc. Bitcoin consists of 60% spot and 40% low-leverage contracts, while the rest are high-leverage USDT-denominated contracts. I don't make many trades on a daily basis, mostly holding onto positions until the end. Once I close a position, all of them are generally closed in succession to maximize profits, for reference only, feel free to follow!
The Federal Reserve interest rate remains unchanged at #鲍威尔发言 . Powell's speech is like Schrödinger's cat; it could lead to a rate cut soon, or it might not. There have been four consecutive meetings without a rate cut, which is relatively rare during a rate-cutting cycle, and it is estimated that a rate cut will be achieved within the next three months. Bitcoin's market share is still at a high level, and after a rate cut, it will continue to climb to new heights, which also confirms that we are still in the early stages of a bull market. Continuing to hold coins and waiting will yield significant profits!
$USDC Bitcoin has been in a sideways trend for a few days, waiting for the news that the Federal Reserve will not lower interest rates for now, which aligns with market expectations, so there hasn't been much of a stir. However, the probability of a rate cut in September is over 70 percent, which will be the last significant news for this round of bull market, so it can be said that a rise in September is inevitable. But what about July and August? This is a very good question worth contemplating. Personally, I believe there will also be an increase, as the favorable news of the Federal Reserve cutting rates may be anticipated; don't guess blindly, it could happen in August, or maybe even tomorrow!
Market expectations will not lower interest rates unless the results are contrary; otherwise, there won't be much turbulence. This means that there won't be a frenzied market in June. Tides rise and fall, prices go up and down, which is the norm for June and July, so it's safe to engage in grid trading. Last night's wave of pullback caused a cold sweat, and many profitable long positions didn't recognize the retracement, turning profits into losses. Unfortunately, there was no previous closing to take profits, what a pity!
The Bitcoin market share is 63.96 percentage points, ETF inflow is 3871, Ethereum net inflow is 8404, in the last 24 hours Bitcoin liquidations reached 90.29 million, with long positions at 26.11 million and short positions at 64.17 million. Ethereum liquidations amounted to 134 million, with long positions at 72.81 million and short positions at 61.47 million. The Fear and Greed Index stands at 53, indicating neutrality. The Altcoin Season Index is at 20, still in the Bitcoin-dominant phase. The road ahead is long and winding; be patient and wait for opportunities to arise!
Recently, Bitcoin has been very volatile, fluctuating between 10.5 and 11, and the next direction is unclear. There is a Federal Reserve interest rate meeting coming up, let's see what the results will be. Previously, we relied on major news like ETFs, Trump's election, and the U.S. strategic reserves, but in reality, only the ETF has truly had an impact, causing Bitcoin to reach a new high prematurely in 2024, while the other news has had little effect. Therefore, we need to ask whether the interest rate meeting will lead to a significant rise!
The battle between bulls and bears is fierce at #卡尔达诺稳定币提案 . The direction will soon be determined at 10.5. Bold speculation suggests that prices will continue to rise, as it's hard to buy a comeback in a bullish market. Since the great bull market has already begun, fluctuations will ultimately lead to rises. In a bear market, fluctuations will ultimately lead to declines. In the end, dust returns to dust, and earth returns to earth. The cycle of revival continues, and the next wave of upward movement will surely break through 120,000. There will be times when we ride the wind and break the waves, setting our sails to navigate the vast sea!
Bitcoin stabilized at 10.5 with a trading volume of $ADA . It's hard to say whether the next step will be an increase or a decrease. If it stabilizes at this level, it would be a tremendous benefit for the crypto world, proving that 10.5 is the low point of this round, and there is significant room for upward movement in the subsequent trend. After adjustments, the next phase will inevitably challenge 13 or even go higher. If this is confirmed as the mid-point of a bull market, then the high point of this round will be adjusted to 20.
The market share of Bitcoin is still high at over 63 percent, while Ethereum is slightly above 9 percent, with the two major cryptocurrencies accounting for over 70 percent! If you want to make money, you still need to buy mainstream coins. Wait until the altcoin season index reaches a high point before buying altcoins. You must firmly believe that both Ethereum and altcoins will rise, but the question is what coins to buy at what stage!
Bitcoin has pulled back to around 10.3 and has slightly rebounded; currently, it is fluctuating around 10.5. It's too early to conclude whether it has fully retraced, as fluctuations are quite normal. Given that it has already reached above 100,000, it is estimated that even if there is another pullback, it would be difficult to drop below 10. After the pullback, there should be a more intense upward surge. For safety's sake, holding onto assets without action is the best strategy. The volatility is quite large, as it is hard to control.
Bitcoin's major correction of 41,123,866,640 is unclear on how far it will pull back, likely exceeding many people's expectations. During extreme volatility, it is very difficult to predict the exact trend, so it's best to do nothing, as doing nothing means you won't make mistakes. Correspondingly, you will miss many money-making opportunities, as hidden within the extreme volatility are significant money-turning effects. Let's wait and see!
The Bitcoin price of $BTC has indeed started to pull back, currently reported at 106,900, and has not yet found a bottom to stabilize, indicating further decline is needed. It is expected to stabilize around 100,000, and the fluctuations may take a long time, requiring patience. Currently, Ethereum and altcoins may not have dropped as much as Bitcoin; I will confirm this later. As of now, it is still a Bitcoin-dominated phase, and the outlook is bearish!
Bitcoin has temporarily pulled back 1000 points, already dropping to 108500. It is expected to further adjust downwards, but it is currently unclear how far it will fall. Since a downward trend has begun, we will observe the situation. The pullback in a bull market is to prepare for the next rise. Overall, it is advisable not to short in a bull market and not to go long in a bear market, because once a judgment is incorrect, the process of holding the position can be very painful. Going long in a bull market, holding the position will eventually turn a loss into a gain; going short in a bull market, holding the position will ultimately result in total loss!
The trends of Bitcoin and Ethereum are not correlated, with Bitcoin's market share slightly declining while Ethereum has slightly increased, which aligns with the ongoing inflow situation of Ethereum ETFs. If this is a trend, it means that Ethereum will significantly catch up in the coming days. If this is a short-term behavior, it means that the dominant phase of Ethereum will be delayed.
#交易手续费揭秘 Trading comes with fees, but trading doesn't always mean making a profit. Almost all of my linked trades have resulted in losses; the lost money is one part, and the transaction fees are another part. Over the years, I have made significant contributions to the exchange. If there were a special contribution award, I feel it should belong to me. To make the most money while spending the least on fees, one must seize real-time opportunities, buying at the lowest and selling at the highest.
#常见交易错误 Correct Transactions: 1. Always have cash chips on hand. This makes it easy to supplement margin or buy more during a downturn. The speculative market is never short of opportunities; what it lacks is cash on hand. 2. Understand the cyclical nature of cryptocurrency markets. It's important not to go against the trend; distinguishing between a bull market and a bear market is crucial. Buy in bear markets, sell in bull markets. 3. Invest eighty percent of your money in Bitcoin or Ethereum. Other options carry too much risk for the average person to handle. 4. Avoid frequent trading. It is impossible to catch every rise and fall; in fact, if you manage the first three points well, the fourth point becomes unnecessary. The more frequently you trade, the greater the losses. Aside from these four points, everything else is an incorrect operation.
#加密圆桌讨论 They discuss their matters, we trade our own. Unless their discussions can impact our trading of cryptocurrencies, why should we care about them? These discussions are pointless and shouldn't be worried about. The U.S. should quickly establish a national reserve, focusing on allocating a portion of fiscal funds to purchase; the empty-handed approach to national reserves has already proven to severely impact the cryptocurrency market.
The Ethereum $ETH has been performing well these past few days. Previously, funds were concentrated in Bitcoin, so Ethereum endured too much neglect and had nowhere to fall. Now, more and more funds are leaning towards Ethereum, and ETFs have been continuously flowing in, so the significant rise in Ethereum is inevitable; it’s just a matter of time. Let's see 4000 first and then talk!
#看懂K线 in the crypto world, looking at candlestick charts is actually not very useful. A cycle of four years, the rhythm of the Federal Reserve's interest rate cuts and hikes, global economic news, and the regulatory policies of major countries can have a greater impact on the trends in the crypto market. Of course, candlestick charts are not completely useless, but comparatively, the influences from other aspects are greater. Trends are also very important; what is the current trend? My view is that after a significant rise, there should be a decent correction!