Ethereum will reach at least $10,000 before the end of the year. If FOMO sentiment is strong, it could break through $20,000 to $30,000, with its market value surpassing Bitcoin in the short term, completing a significant short squeeze. (In the past, XRP's market value briefly surpassed that of Bitcoin. SHIB's market value surpassed Dogecoin.)
Bitcoin will reach at least $160,000 before the end of the year, and the Federal Reserve will lower interest rates by 300-400 basis points before the end of the year! (The bottom needs to drop quickly and sharply!)
This round of cryptocurrency's total market value will reach a minimum of $7.5 trillion (in 2017 it was $800 billion, and in 2021 it was $3 trillion).
The two sectors with the largest price increases in this round are those where the funding structure and chips have advantages over the main forces! Meme and blockchain gaming sectors. (The crypto circle, including Ethereum, is all air; the price surge depends on chips, and these two sectors have more main force chips, while blockchain gaming usually has full circulation during bull market tail trends.)
In November, the spot positions with the prince collectively increased by more than 50 times. If the situation continues in November, there may be a secondary extension of the market trend. After being out of the market for 2 months, wait for each round of Ethereum’s sharp decline to buy the dip, aiming for a 5/8 times return. The expectation is to achieve 200-300 times within half a year.
So the prince has always emphasized that the news cannot change the market, the news is also released by people, the market is the true structure of capital. In September, a 25 basis point rate cut, the prince's view remains unchanged this year, 400 basis points!
ETH performed poorly in the first and second quarters before, and everyone should know what this cycle has shaped into. So this data can basically be disregarded; it's not very useful.
Binance News
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The probability of Bitcoin's decline in August and September reaches 67%
According to Foresight News, Lookonchain monitoring shows that August and September are the worst performing months for Bitcoin (BTC). In the past 12 years, Bitcoin's price has fallen in 8 of those years during these two months, with a probability of decline at 67%.
The counterfeit is just starting up and has already become useless
币圈大太子
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Bullish
Everything is difficult at the beginning. However, the beginning often determines the outcome later on. The first wave of altcoins is the most decisive in determining winners and losers, just like those who entered Ethereum at 1500 and are still on the bus. Now, no one would enter Ethereum because if they really wanted to, they would have entered earlier. Those entering now are just chasing highs, only getting in because the daily chart looks good during this period, or they might have already seen a wave. But any coin will retrace, and when it does, they will sell or cut losses. The fundamental reason is that short-term players have a mindset centered on chasing rises and cutting losses. The prince mentioned last week that the real distinction will be before August 20, but I can say for sure that it has nothing to do with over 95% of people. By the end of the month, most people will still be losing money. The difference between retail investors has never been about daily charts but rather about the differences after the main upward trends. During this time, I can say that those dealing with contracts are again nearing zero; even with two times leverage, they are losing at least 50% of their principal. A year ago, Bitcoin contract players exploded, and recently, Ethereum contract players exploded, and now it's altcoins. This scale is astonishing.
The BTC weekly chart also has a large ending wedge. If it breaks down, does that mean we are about to enter a bear market?
暴打各种广场镰刀手
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Bullish
July 31 Analysis of $ETH indicates that the wedge has broken out, and a MACD 4-hour golden cross is about to form, suggesting the beginning of a small bullish market! Analysis of $BTC indicates that a bull flag pattern is about to form, waiting for subsequent confirmation; if formed, the target points to the position of 120850!
Short sellers see everything as empty, but when others increase their holdings, do they have to sell?
Binance News
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BlackRock's ETHA has increased its holdings by 1.25 million ETH since July 1
According to BlockBeats, on July 30, lookonchain monitoring showed that since July 1, BlackRock's ETHA has accumulated an additional 1.25 million ETH, worth approximately $4.73 billion.
Currently, its total holdings have exceeded 3 million ETH, with a total value of approximately $11.36 billion.
BlackRock's application for Ethereum spot ETF pledge approved by SEC
According to ChainCatcher, the U.S. Securities and Exchange Commission (SEC) has confirmed receipt of BlackRock's application for collateralized Ethereum spot ETFs. Nate Geraci, president of The ETF Store, stated earlier this year that ETH ETF collateralization was inevitable, and that it would happen even faster under the Trump administration.
The ancient whale holding 3963 Bitcoins may be shipping
According to TechFlow, on-chain analyst Aiyi detected the first external transfer since 2011 by an ancient whale holding 3,963 Bitcoins. Yesterday, the address transferred 50 BTC to an unknown address. The whale's Bitcoin holdings are worth approximately $457 million, costing only $0.32. Analysts claim the address belongs to an early miner, with a return of over 370,000 times.
A bunch of people can't even distinguish between good and bad news, it's hilarious. With this level of awareness, it's better to just go to work honestly. In a risky market, there is only risk for you, with no opportunity to make money.
Binance News
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U.S. SEC Chairman Paul Atkins Claims ETH is Not a Security
According to Odaily Planet Daily, the new chairman of the U.S. Securities and Exchange Commission, Paul Atkins, stated in an interview with CNBC that ETH is not a security.
$XRP 15 minutes order block + bullish Gartley Black line for buying, red line for stop loss Target upper green line Fee invitation code: WXY888 for technical communication Note: The market has risks, invest with caution This article is for reference only and does not constitute any investment advice
You've been trapped, right? The rising trend is calling for a short every day.
顾兮
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7.12 Early Morning Analysis of Bitcoin Bitcoin surged to 117434.2 before retreating, current price 117185.1. From the trend, the surge encountered resistance, short-term upward momentum is weakening, and a downward trend is beginning to show. Suggestion: Short Bitcoin around 118000, target 115500. Short Ethereum around 3000, target 2800#BTC走势分析 #eth .
Can we change to a different picture? This one is old.
丁蟹l
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Bearish
A massive crash is about to begin, and as soon as there is a slight rebound, the retail investors will start calling for bull markets and altcoins. Within two months, BTC will peak, and at that time, all altcoins will be cut in half again and again. Those who tell you to buy altcoins can be blacklisted.