The number of non-farm payrolls in the United States increased by only 114,000 in July, the smallest increase since April 2024|(August 3) ● The number of non-farm payrolls in the United States increased by only 114,000 in July, the smallest increase since April 2024 According to Odaily Planet Daily, the seasonally adjusted non-farm payrolls in the United States increased by 114,000 in July, with an expected increase of 175,000, and the previous value was revised from 206,000 to 179,000. The US non-farm data cooled as expected, the smallest increase since April 2024. ● The US unemployment rate rose to 4.3% in July, the highest since October 2021 According to Odaily Planet Daily, the US unemployment rate in July was 4.3%, higher than the expected 4.10% and the previous value of 4.10%. This is the highest level since October 2021. ● The U.S. unemployment rate in July triggered Sam's Law, predicting an economic recession According to PANews, the U.S. unemployment rate in July was 4.3%, the highest since October 2021, triggering Sam's Law, which predicts an economic recession. Sam's Law believes that once the three-month moving average of the unemployment rate is 0.5 percentage points higher than the low point of the past year, it means that a recession has begun. ● Goldman Sachs: The weak non-farm payrolls report in August may lead to a 50 basis point interest rate cut in September According to Jinshi, Goldman Sachs said that if the August non-farm payrolls report also recorded a weak performance and confirmed that employment growth slowed, then the possibility of a 50 basis point interest rate cut in September could not be ruled out. ● Morgan Stanley allows wealth advisors to promote Bitcoin ETFs According to BlockBeats, on August 2, according to market news, Morgan Stanley has allowed its wealth advisors to promote Bitcoin ETFs to major Wall Street companies. ● Bitcoin and Ethereum on-chain transaction volume increased by 31.8% in July According to BlockBeats, on August 2, according to data from The Block Pro, the adjusted total on-chain transaction volume of Bitcoin and Ethereum in July increased by 31.8% overall, rising to $445 billion. Among them, the adjusted on-chain transaction volume of Bitcoin increased by 34.7%, and the increase of Ethereum was 27.7%. ● Santiment: The key psychological levels of BTC and ETH are $60,000 and $2,900 respectively According to Odaily Planet Daily, the cryptocurrency intelligence platform Santiment posted on the X platform that this decline is roughly the same as the decline in early July, but the same enthusiasm for buying on dips has not yet appeared. It is expected that $60,000 BTC or $2,900 ETH will become the key
Mentougou is here to crash the market! Just now, Mentougou transferred 42,580 BTC, worth 2.8 billion US dollars, which is almost the same as Germany's position. Germany can be said to be a unit of account in the future! Mentougou transferred Bitcoin to an unfamiliar address, which is likely to be a subsidiary address of an exchange.
#山寨季何时到来? Recent major events: 1️⃣US stocks#btcspot ETFs have seen net inflows in the past seven days, and US stocks are still being bought crazily. 2️⃣Mentougou has repaid assets to more than half of its creditors, which is an opportunity for the Air Force to speculate and make money in the future. 3️⃣Trump's campaign Q2 fundraising accounts for 1% of cryptocurrency donations, and the two founders of a16z are also preparing to donate to its committee. $FIGHT has also taken advantage of the trend to become a unique meme token with a market value of 66 million US dollars.
#山寨季何时到来? Macro liquidity analysis - altcoin season It is well known that the cryptocurrency market is highly dependent on redundant liquidity. When macro liquidity is abundant, the crypto market tends to usher in a long-lasting altcoin season. In this round of bull market, Bitcoin has hit a new high, but altcoins have not performed as expected. This article will analyze the reasons for this phenomenon from the perspective of liquidity, and explore when the altcoin season will come and what its signs are?
In the future, if there is no news from Mentougou, we are still bullish. There are currently three major positive factors: (1) Powell’s speech last night gave a boost to the interest rate cut, saying that he would not wait until inflation drops to 2% before cutting interest rates, which is a major positive. (2) Trump is expected to attend the Bitcoin conference on July 22 (next Monday) to give a speech in support of BTC, which is terrifying. Supporting BTC is terrifying. (3) Ethereum ETF may be launched on July 23 (next Tuesday) The market rebounded for 3 days and there will always be a correction. Because the news from Mentougou came, it was not only bad for BTC, but also for BCH. And WLD has a large daily selling pressure, $7 million per day, $50 million in 7 days. Note: Don’t buy BCH and WLD spot! The market is bullish in the long run, but beware of Mentougou continuing to make trouble. 140,000 BTC, only a few thousand have been transferred so far. This is the norm in investment. There are rarely smooth sailing markets. There are all kinds of hidden reefs and storms in between. You must control your positions and think long-term.
🚀【Sun Yuchen's ETH holdings approach 700,000】The market witnessed another big player's layout! 📈 The market value of the cryptocurrency market increased by 34.9 billion US dollars in 24 hours, BTC rose steadily by 1.74%, with an amplitude of 3.58%, and market sentiment remained neutral. 🔑 News highlights: 1. Sun Yuchen's ETH holding dynamics: His holdings are about to reach an astonishing 700,000, and the market is paying attention. 2. Linea mainnet ETH inflow: More than 704,000 ETH have been bridged and transferred, showing the vitality of cross-chain technology. 3. Bitcoin political support: Some people believe that having a president who supports Bitcoin will be a huge boon to the cryptocurrency world. 📊 Market analysis: BTC trend: 1-hour K-line shows that price fluctuations have intensified, but the overall trend is upward. After experiencing uncertainty, the market gradually shows seller pressure. ETH trend: 1-hour K-line shows an upward trend, buyers have the upper hand in the current market, and the support level is stable. 💡 Investors should remain vigilant and pay close attention to market trends and changes in large investors' holdings to capture potential investment opportunities.#SunYuChenETHHoldings#CryptocurrencyMarketCapGrowth#BTCTrend#ETHTrend #MarketAnalysis"
The market is in panic and anxiety recently. Bitcoin and Ethereum have plummeted. The altcoins are even more miserable. BTC basically supports 50,000-52,000, and ETH supports 2,600-2,700! After the non-agricultural meeting tonight, you can enter the market in batches to buy the bottom. If there is a rebound, exit in batches!
It will take more than 2 months of continuous bottoming, bottoming out, and washing out to reach the big bottom
After washing out all the retail investors, the dealers are lightly equipped, so the harder the fall, the more fierce the rise. What do you think about this? Let's discuss in the comment area
1. Guo Hongcai, a beef seller, was known as Bao Erye. He played Bitcoin in the early days. Now he has bought three Rolls-Royces and a villa of tens of thousands of square meters in Silicon Valley, USA! Does this make sense? It makes no sense at all! 2. Li Xiaolai, an English teacher at New Oriental, spent 100,000 yuan to buy Bitcoin and now makes 6 billion yuan! Does this make sense? It makes no sense at all! 3. Zhao Changpeng, a programmer who was engaged in technology, sold a house in Shanghai for several million yuan, and then bought Bitcoin, making 12.5 billion yuan? Later, he opened the Binance exchange and made 130 billion yuan in 4 months! Does this make sense? It makes no sense at all! How can they make so much money? The answer is because they chose the trending industry ~ blockchain digital currency! Why is digital currency so crazy? The most awesome explanation is: Why can the people born in the 60s and 70s sell us houses that cost 1,000 yuan per square meter for 100,000 yuan, but we born in the 80s, 90s and 00s are not allowed to sell them a string of digital symbols for 100,000 yuan? [grin][grin] Existence is reasonable!! Trends always crush all traditions! Whether you get on the train or not, wealth is around you, and if you grasp it, you are the winner in life!
Warren Buffett worked for ten years, but the accumulated wealth was surpassed by a blockchain born in the 80s in 180 days! Li Ka-shing struggled to accumulate wealth for 68 years, but was surpassed by Ethereum founder Vitalik Buterin in 4 years. In this world, just because you don’t believe in something doesn’t mean it doesn’t exist. The only thing that doesn’t change in this world is change!
The market was sluggish in June, but will July bring a turnaround? With Powell's speech and the release of non-agricultural data tonight, how is the flow of funds in Bitcoin ETF?
At 21:30 the day before yesterday, Federal Reserve Chairman Powell will give a speech, which is his first public statement in recent times. The US stock market will be closed on Thursday for the US Independence Day, and will only trade for half a day on Wednesday. The non-agricultural employment and unemployment rate data for June released on Friday are expected to be low, which may be good for the market. In terms of Bitcoin ETF, the net inflow of US spot Bitcoin ETF reached US$129 million on July 2, of which FBTC inflow was US$65 million, and the inflow of funds has a tendency to increase. The research report also pointed out that the net inflow of Ethereum spot ETF in the first six months may reach US$5 billion, and the rise in Ethereum prices is expected to drive the entire market. The European Cup will end on July 15, when funds will flow back to the currency circle. Combined with market trends, BTC will fall in June but will most likely close positive in July. The market is unpredictable, but data and analysis provide us with a reference. How do you think the market will perform in July? Come to the comment area to share your views! Remember to like and follow to get more market updates.
Did you know? In the past 18 months, the market value of stablecoins has only increased by $40 billion, but surprisingly, most of this money has flowed into Bitcoin!
The data tells us that although the stablecoin market has grown, less than 10% of the funds, or about $4 billion, have flowed into the altcoin market. At the same time, the total amount of initial circulation and unlocking of high-valuation tokens invested by VCs has exceeded $12 billion! What trend is reflected behind this? Is it investors' favor for mainstream cryptocurrencies, or the market's cautious attitude towards emerging tokens? In any case, these numbers reveal the dynamics of the cryptocurrency market and the flow of funds. The cryptocurrency market is always full of variables, but data does not lie. For investors, paying attention to these market dynamics and rationally analyzing the flow of funds are the key to making wise investment decisions. What do you think of these data? Come and share in the comment section!
Want to maximize your gains in crypto investment? Master the investment J-line rule: You can make money even when enthusiasm fades!
The curve rule is one of the important methods that cryptocurrency traders must master.
In the first stage of trading, the main participants are snipers and insiders with technical advantages, and ordinary traders are often prone to failure.
In the second stage, enthusiasm fades and speculators are out, and this is when the biggest opportunity lies. At this stage, you need to evaluate whether the project is dead or whether the sacred curve is loading. Pay attention to key indicators such as bundled sales, tax transfers and social image of the team wallet, while observing the execution of the roadmap and the purchasing behavior of new buyers. When the product is initially effective and generates real income,
In the third stage, you should consider selling to ensure profits. Study the curve rule so that you can find opportunities even if you have no advantages. Hunt in the second stage to avoid becoming a sniper and a big player when selling
Come and learn the curve rule and master the key skills of crypto investment. Come to the comment area to share your learning experience!
Father's Day: Don't ask for overnight wealth, just ask for making friends with time First of all, I wish all fathers a happy Father's Day! To trade, you must have two hearts for the market. A grateful heart and a respectful heart. If you make money, thank the market, don't think about manipulating the market, be with the market, Learn to wait, good market conditions, opportunities are waiting, sometimes you miss the risk when you miss the opportunity! Respect the market, unity of knowledge and action, drowning three thousand, only take a scoop! Stability is the biggest profit #区块链 #交易体验 # 币圈 #比特币#ETH#父亲节快乐
Whales sell $4.1 billion of BTC, price plummets 9%, are investors panicking? Recently, the Bitcoin market has been turbulent, with whales selling off their BTC for a total of $4.1 billion. According to cryptocurrency analyst Ali Martinez, whales have sold more than 50,000 bitcoins worth about $3.3 billion in the past 10 days. At the same time, miners have also sold more than 1,200 bitcoins worth nearly $80 million. This caused the price of Bitcoin to plummet by nearly 9%, from $71,655 to $65,228. Although Bitcoin has rebounded slightly, the market is still unstable. Bitcoin holders sell in every bull market, which has become a norm. The selling behavior of veteran Bitcoin holders has exacerbated the market turmoil. Willy Wu believes that these holders have a large number of bitcoins, and their choices have a huge impact on the market. In such a turbulent market, how should investors respond? Come share your thoughts in the comment section and discuss the future direction of the Bitcoin market!
What does it mean that ICBC gave a thumbs up to Bitcoin? !
They issued a report praising the benefits of digital currency, and Bitcoin and Ethereum were even compared to digital gold and digital gasoline. The report describes in detail the different development paths of digital currency. Bitcoin relies on a mathematical consensus mechanism and is as rare as gold. Although its monetary attributes have weakened, its status as an asset is solid. Ethereum, on the other hand, provides the technical power of a digital future and plays a key role in the fields of DeFi and NFT. Despite the security risks, developers are working hard to solve these problems, such as the upgrade of Ethereum 2.0. Stablecoins and central bank digital currencies play an important role in our financial system. Stablecoins serve as a bridge between the digital currency market and the real world, providing stability and the possibility of seamless transactions. The central bank's digital legal currency is expected to make the payment system more efficient, reduce transaction costs, and make monetary policy more effective. At the same time, it can also simplify cross-border transactions and allow more people to enjoy financial services. ICBC's thumbs up for digital currency has undoubtedly injected new vitality into the entire industry. What do you think of the development of digital currency? Come to the comment section to discuss!
Bitcoin price is about to stage a double-kill market for both longs and shorts!
The annual rate of US CPI will be announced at 20:30 on the evening of June 12 The Federal Reserve’s interest rate decision will be announced at 02:00 on June 13 At 20:30 on the evening of June 13, three major indexes were released within 24 hours, including the U.S. unemployment benefit number and the PPI production index. Even powerful technical people would shake their heads when faced with such continuous news. What's more, for our small group of investors, faced with such a news-intensive period, market uncertainty may lead to violent price fluctuations, and even a double kill between long and short. It does need to be treated with caution. It is wise to remain vigilant and assess risks. Holding a short position and waiting is a conservative strategy, especially for those who do not have enough funds to withstand the fluctuations or do not have the time to closely track the market. For investors with a long-term holding and low-cost basis, short-term fluctuations may not have much impact on them, but they must also be mentally prepared to face market fluctuations.
Whales take action! MKR and AAVE worth tens of millions of dollars are deposited into Binance. What does this mysterious bigwig want to do? According to reports, through Lookonchain's monitoring, we found that a whale-level investor deposited a large number of MKR and AAVE tokens into Binance. MKR is worth as much as $9.3 million, and AAVE has reached $1.85 million. These figures are staggering, and make us curious about the motives of this bigwig. What's more worth mentioning is that this address made a staggering $6.9 million on MKR, an increase of 287%. And on AAVE, he also earned $638,000, an increase of 17%. Such gains are beyond the reach of many investors. The move of this whale has attracted widespread attention from the market, and we are full of expectations for the future development of the Binance platform. So, what does this whale want to do? Is he optimistic about the development prospects of the Binance platform, or is he preparing for a large-scale transaction? The move of whale-level investors to deposit a large number of tokens into Binance has undoubtedly brought new variables to the market. Let's pay attention to the subsequent developments of the Binance platform and see what surprises this mysterious bigwig will bring us!
What are the stable methods for cryptocurrency investment? Today, we will reveal 9 strategies for you! In the cryptocurrency circle, if you want to achieve stable investment, you have to look at these nine methods. 1. The national currency method is suitable for long-term holders. It is simple but difficult to execute; 2. It is a bull market chasing method. Use part of the funds to operate and enjoy the dividends of the bull market; 3. The hourglass replacement rule allows you to switch flexibly in the bull market and capture more opportunities. 4. The pyramid bottom-picking rule is applicable to the predicted big crash, and gradually build positions to reduce costs. 5. The moving average rule combines the K-line basis to judge the buying and selling points more accurately. 6. The violent national currency rule maximizes profits by dynamically adjusting the commission price. 7. The violent compound interest rule of IOS is to achieve the compound interest effect by continuously participating in the increase of new coins. 8. The cyclic band rule looks for currencies like ETC and seeks profits in fluctuations. 9. The violent play of small coins, diversification of investments, and waiting for doubling opportunities. These methods have their own merits, but the key lies in flexible application and strict implementation. Which one do you think is the most suitable for you? Come and share your thoughts in the comments section!
The US non-farm data was a big surprise, with the number of new jobs far exceeding market expectations, but the unemployment rate unexpectedly rose. What's going on?
According to data released by the US Department of Labor, the seasonally adjusted non-farm employment increased by 272,000 in May, far higher than the market expectation of 185,000. However, puzzlingly, the US unemployment rate unexpectedly rose to 4%, the highest since January 2022. At the same time, the US employment participation rate unexpectedly fell to 62.5%, lower than the expected 62.7%. This series of data seems contradictory. On the one hand, the number of new jobs has soared, while on the other hand, the unemployment rate has risen and the employment participation rate has fallen. This makes people wonder whether the US data is true and reliable. In fact, US data has always been controversial because the data can be artificially modified and interpreted. Like a little girl who can be dressed up by anyone, US data may also be used to serve specific political and economic purposes. Although the US data is confusing, it also reflects the complexity and uncertainty of the current US economy. For investors, it is necessary to remain vigilant and look at the truth behind the data rationally. Welcome to leave a message in the comment area to share your views!
The 2024 cryptocurrency bull market has begun, with three positive news!
First, BlackRock disclosed the seed investor information of the Ethereum spot ETF, which is expected to start trading at the end of June or early July. This news has injected new vitality into the Ethereum market.
Secondly, although the Grayscale ETHE crash has brought some pressure to Ethereum, the hawkish remarks of some Fed officials have reduced the expectation of interest rate cuts, with the probability of interest rate cuts in September and November being around 45% and 60%, respectively. In addition, after Nvidia broke through its historical high, it is about to usher in the super Al alliance ASI in the circle, that is, the three tokens of AGX, FET and OCEAN will be merged into one, and the birth of artificial super intelligence is expected to lead a new round of Al market outbreak. Finally, in this market full of manipulation and aggressive dumping, not getting off or getting on at will is a basic skill for long-term survival.
At present, the mainstream sector is eager to try, and I hope it will not be a flash in the pan.