At present, the price of Bitcoin is fluctuating around 59100. Recently, Bitcoin has shown signs of correction after a sharp fluctuation. The daily line has formed an obvious head and shoulders top pattern, and then it has fallen rapidly.
The fast and slow lines of the four-hour technical indicator MACD are running below the zero axis, and both DIF and DEA are diverging downward, indicating that there is still a short-term bearish trend.
The pressure level of the EMA trend indicator is around 62000. There will be a wave of correction and stretching in the short term. After the stretch, you can continue to short. There are many resistance points and strong pressure points in the market. In the short term, the short-term short-term trend is obvious, and the market bearish sentiment is strong, so the idea is to short at highs, and when there is effective support, you can arrange more.
Rapid rise and slow fall, signs of accumulation are obvious. After the stock price or currency price rises rapidly, the rate of decline slows down significantly. This is often because the main funds are actively absorbing chips to prepare for the subsequent rise.
It fell sharply and rose slowly, indicating a strong signal for shipment. When prices experience a rapid decline and then rebound weakly, this usually indicates that the main funds are gradually withdrawing and the market may enter a downward channel.
If you increase the volume at the top, hold it with caution, and if the volume shrinks, withdraw immediately. When the price is high, if the trading volume is significantly enlarged, it may mean that the market is still divided but the power of multiple parties still exists. However, once the trading volume begins to shrink, it indicates that the upward momentum has weakened, and you should promptly consider reducing your position or leaving the market.
The initial volume at the bottom should be observed, and the continued volume can be entered. When the bottom area begins to increase in volume, you need to carefully judge whether it is a relay of the decline and further observation is required; however, if the trading volume continues to increase, it indicates that funds continue to flow in, and the market bottom may have been established, and timely intervention may be considered.
Since the big cake climbed to 58500 this month, there has been no continuity. The stretch to 65000 last Friday was also due to good news. If it cannot continue to stabilize and rise this week, then the next month may be volatile.
Yesterday, I chased more near 63600, and Xiaosun was out in the early morning. There is still no continuity for yesterday's market. Within a range of fluctuations, the high position may be more acceptable. 64200 is a hurdle that has not been crossed.
The recent operation of the Ethereum Foundation has caused an uproar in the community! They actually transferred 35,000 ETH worth $96 million to a wallet associated with the Kraken exchange. The intention behind this is puzzling! 🤔
However, the executives of the foundation are not idle, and they quickly came out to clarify: This is just daily fund management, don't guess! Executive Director Aya Miyaguchi explained that the foundation has an annual budget of about $100 million, which is mainly used to pay subsidies and wages. Moreover, some recipients only accept legal currency, which is also one of the reasons for the transfer!
Stop when you are ahead, greed is an invitation to the abyss! Smile when you make money, don't be greedy, greed will only make you return to the pre-liberation era
In the past six months, there have been countless shocks, both large and small, which have also washed out most of the players. Almost every day, there are hundreds of millions of dollars in long and short positions, which is basically the norm. Not to mention those players who are chasing the Shanzhai coin of 100 times, often holding on until the coin drops to 100 meters, and the market value loses 90%. This is also the norm. It is human nature to chase ups and downs, unwilling to accept delayed gratification, and hate losses. Just like this time when the callback reached 49,000, and now it has reached 65,000, some leeks rushed to the car in a hurry, thinking that the bull market has started and must rush! Suggestions for everyone: those who bought at the bottom before, now there is a profit, you can run a part first and hold the profit
Sun Ge is scared and launches a self-rescue plan to support TG's free speech
Sun Yuchen is deeply worried. In response to the arrest of TG's founder, the elites in the crypto field generally feel unprecedented pressure. They have stood up and spoken out to defend the right to free speech.
In this context, Tron's navigator Sun Yuchen proposed an innovative initiative - to establish a decentralized autonomous organization DAO, aiming to gather strength and work together to save TG CEO Pavel Durov.
He went a step further and generously announced that he would personally donate $1 million to support this action.
Tesla boss Elon Musk expressed his opinion on the arrest of Telegram founder Pavel Durov in France. He tweeted: "Let me tell you about the First Amendment of the US Constitution. It is a strong spokesperson for free speech!" He was emphasizing how important free speech is because Durov was arrested.
Musk also made a joke that by 2030, people in Europe might be executed for liking an emoticon. This is of course an exaggeration, but the meaning is clear: he is worried that free speech will be restricted.
The First Amendment of the US Constitution protects everyone's right to speak and publish freely, and does not allow the government to interfere at will.
Shocking revelation! Super silly but invincible crypto trading secrets, let you make 30 million lying down!
Friends, have you heard of the crypto trading secrets that can turn a fool into a millionaire? I, an ordinary guy, tried my hand at crypto trading with 50,000 yuan in my pocket at the end of last year, and now I am worth a million. It is not a dream to double my fortune by a hundred times! I have been using this method quietly for a whole year, and it is as stable as an old dog, and the returns are off the charts!
Come on, let me tell you this "dumbest but most clever" money-making secret in history:
Step 1: Keep your eyes open and pick out those currencies that have been rising sharply in the past 11 days. Remember, we should directly pass on those "sick cats" that have fallen for more than three days, and don't let them ruin our fortune!
Step 2: Monthly MACD golden cross, a golden signal light! Open the K-line chart and go straight to the monthly level. MACD golden cross means the God of Wealth is knocking on the door!
Step 3: Daily 60-day moving average, your VIP entry channel! Once the price of the currency is adjusted back to this magical line, plus a good K-line with large volume, hey, go heavy, don't hesitate! **Step 4**: Hold the 60-day moving average and make money like water! We are as stable as a mountain online, but offline? Get out of here! Three tips to ensure that you make money without hesitation:
1. If it rises by more than 30%, withdraw one-third first and put it in the bag! 2. If it rises by another 20%, another one-third, you will make a profit without loss! 3. The most critical thing is here! What if you wake up the next day and the price of the currency falls below the 60-day moving average? Don't hesitate, sell it all, run faster than a rabbit! Remember, keeping the principal is the kingly way. If you make a mistake in this step, the previous steps will be in vain!
Do business once, and you will know how hard it is to make money. Have a child, and you will know how difficult it is to be a parent. Once you are down and out, you will know how terrible people are. Go to the hospital, and you will understand life.
Most diseases can be cured with medicine, but having no money will make you lose your dignity. Money can save a life, but it can also crush a person or a family. In this era of cigarettes for cigarettes and alcohol for alcohol, if you have no ability, no one can be your backer. Only by earning money on your knees can you make choices on your feet.
Some people still don't understand the importance of money. A few dozen yuan can make an old man carry a basket of vegetables and walk dozens of miles to sell vegetables. A few hundred yuan can make a grown man move bricks in the hot sun on a construction site with sweat flowing. A few thousand yuan can make a college student who has studied hard for more than ten years waste his youth in a meaningless position. In this world, except for poverty and aging, it is effortless, and everything else you want must be done with all your strength. Working hard to make money is not to live a good life, but to have the ability to fight against accidents when they come.
If you are not present during 99% of the garbage time in the cryptocurrency circle, why must you be present during the 1% of the highlight moments? 99% of the time in the cryptocurrency circle is garbage time, and the remaining 1% of the time is the decisive moment. Too many people are obsessed with gaining a slight advantage in 99% of the time, and then forget and miss the investment decisive moment corresponding to the 1% of the critical time. From the perspective of investment, the performance advantage of regular time may not be true, but the performance advantage at the decisive moment must be true. Study the game well and find the irrational moments of the majority of people. Taking action at the right time and harvesting the emotional value of the majority is the ultimate "trick" in the game investment world.
The short-term support of Bitcoin is 60300-59800-59200, which gives a retracement opportunity. Long orders can be entered after confirming the support.
The upper pressure of 61300 is the pressure of the daily MA60 moving average. You can look for short opportunities. Once this pressure is broken, the price may go to around 63000!
Brothers, there are some bad news recently, everyone must be vigilant. The most worrying thing written in the analysis chart a few days ago has fermented. Careful friends should be able to find that after the bill was introduced, the price of U has fallen a lot in the past few days. Some non-exchange OTC merchants have disappeared before, and no advertisements can be seen. Let's talk about what may happen in the future. 1. In the current market in August, players lose more and earn less. In terms of normal flow, demand should be greater than supply, and the price of U has not risen but fallen. 2. The bill greatly restricts the liquidity of U, which is very bad news for the circle. After all, our proportion is really not small. 3. In the short term, the price of U in the over-the-counter market will fall, and more people will buy a large number of low-priced U to enter the market. Under this influence, it is very likely to break upward in the short term. 4. The bill will deal a fatal blow to U trading in the future. It may be that mainland IP will no longer be able to operate in the future. Cooperating with the interest rate cut will accelerate the arrival of the late bull market, and the potential impact will also accelerate the arrival of the bear market.
3 ways to play with Tugou 1. Lazy way: ambush zombie coins A relatively hot project in the early stage was suddenly killed or fell by more than 90% It has been sideways for at least 1 month, and the coin can no longer fall The original dealer has run away, but the IP of the project is still very valuable. It is close to the hot spot and will definitely pull the market. If there are technical means to monitor the changes in trading volume, the ambush time can be shortened 2. Smart money tracking The overall winning rate of smart money is obviously higher than that of ordinary players It is best to use smart money that you have studied yourself, so you are more confident to follow it Generally speaking, just follow it without thinking 3. Technical flow play Respect a set of methods from the process of discovery, identification, review, transaction, and evaluation You need to master some methods and some tools
The United States has triggered the "Sam Rule" and is likely to cut interest rates. At this time, everyone wants to know where they can get the most benefits and where they will grow the fastest after the interest rate cut. In fact, many answers in history have told us that every time the economic cycle starts to recover from the bottom, the US dollar will flow back to various industries and fields when the interest rate cut comes, and many tracks will benefit from it.
Relatively certain scarce resources such as gold and bulk real estate are good choices. Now we are in the era of WEB3. The biggest difference between WEB3 and before is that the production relations have changed. I have always said that there are opportunities in the WEB3 track, but WEB3 is also very uncertain for various reasons. However, at this point in time, its certainty is actually still very high.
There is a saying: You can doubt the character of the rich, but don't doubt their ability to make money. We only need to seize an opportunity, and it is relatively easy to "copy homework". This is just one type under the impact of the US dollar wave. In fact, there are many such types. The key is whether you can see it.
Safe withdrawal tips for the cryptocurrency circle: unlock the worry-free journey of withdrawing 5,000 yuan When you enter the cryptocurrency circle, you will reap a lot of rewards. When you want to safely pocket the fruits of your hard work, such as the exciting 5,000 yuan, will you also have a ripple of bank supervision in your heart? Don't worry, this carefully crafted withdrawal guide will be your right-hand man to protect the safety of your funds and stay away from the trouble of frozen cards! 1. Initial exploration of cryptocurrency withdrawal: a safe choice for novices Imagine that you have a small fortune in the cryptocurrency circle and are eager to smoothly transition it to a bank account in the real world. But in the face of the unknown, especially whether the bank will "ask" about such small withdrawals, novices often feel uneasy. Don't worry, next, we will unveil the mystery of safe withdrawal step by step. 2. Tips before withdrawal: Know yourself and know the enemy, and you will never be defeated in a hundred battles The cryptocurrency circle is as deep as the sea, especially on the road to withdrawal, where traps and opportunities coexist. Those OTC merchants who seem to promise "never freeze cards" actually hide mysteries. In order to protect your wallet, you must first understand the truth about frozen cards and how to crack them. 3. The mystery of frozen cards: revealing the two main culprits The gentle trap of bank risk control: bank cards that have not been awakened for a long time, or sudden large transactions, may touch the sensitive nerves of bank risk control and cause them to "dormant" for a while. But don't worry, this is often just a false alarm, which can be resolved by automatic unfreezing or a phone call for explanation. Helplessness under the sword of justice: If your funds are accidentally contaminated with illegal activities, the freezing order of the judicial authorities will follow you like a shadow. At this time, you can only actively cooperate with the investigation. Although the safety of funds may be affected, you will prove your innocence and there will be a time when the clouds will clear and the moon will shine.