Trump Media Technology Group's Q2 financial report reveals approximately $2 billion in Bitcoin holdings, with financial assets increasing by 800% year-on-year. Although the understanding king jumps around every day, he truly knows to buy BTC with gold and silver. The understanding king won't start governing until January 20, 2025, and only half a year has passed; what about the next three and a half years? And understood, the big one is still coming?
The seasonally adjusted non-farm payroll employment in the U.S. for July recorded an increase of 73,000, the largest gain since October of last year, and below the market expectation of 110,000. After the data was released, the dollar index DXY fell sharply by about 40 points, currently reported at 98.68 (down 1.38% from the previous day). BTC briefly surged nearly 500 dollars but then retreated, and this morning it once dipped below 113,000 dollars (lowest at 112,722 dollars) $BTC #美国初请失业金人数
Yesterday, Black Friday struck, and Ethereum was knocked down, directly dropping 400 points and hitting the daily support around 3430.
From a medium to long-term perspective, the resistance above 3880-3940 is still very significant, as breaking through this level would directly aim for the 4000 mark!
The position at 3430 below should ideally not be broken; otherwise, it would need to head towards the vicinity of 3100.
In the short term, influenced by tariffs, the overall trend remains weak. For Ethereum today, you can consider going long in the range of 3440-3460, while the short position can be set at 3560-3580; the volatility is considerable, so ensure to manage your risk and take profits timely to secure gains! $ETH
$SHIB Short-term plummet of 6%, how will the market move? Sudden drop: From July 31 to August 1, the price of SHIB fell sharply from $0.000013 to $0.000012 (a decrease of 6%), hitting a new low since July 9. The market generally believes that Trump's new tariff policy has triggered a widespread decline in the crypto market, putting Bitcoin under pressure as well. $SHIB $BTC On-chain anomaly: Selling pressure signal: Since July 28, the SHIB supply on exchanges surged to 84.9 trillion coins, suggesting that large holders may be selling at high prices. Growth in holdings: During the same period, the total holdings of SHIB increased by 4.66 trillion coins (about $63.7 million), intensifying the long-short battle. Burning surge: 602 million SHIB were burned, with the daily burn rate skyrocketing by 16,700%, which may alleviate some selling pressure. Technical key levels: Support: There are buy orders for 1.19 trillion SHIB near $0.000012, serving as a short-term defense line; if it falls below $0.00001108 (July low), the trend will turn bearish. Resistance: After breaking through $0.000013, selling was triggered, requiring increased volume to recover. Formation signal: The July candlestick shows an 'inverted bullish' pattern, indicating bulls may be gaining momentum for a counterattack. Market outlook: Macroeconomic risks (policies/tariffs) remain the main cause of volatility, requiring close attention to BTC trends. On-chain data reflects the movement of major funds, with changes in exchange supply being the primary indicator. If the burning continues to accelerate, it may offset some selling pressure and support price recovery. A technical rebound may occur in the short term, but trend opportunities will need to wait for macro stability and signals of capital inflow.
The "buy coin" mantra from the big boss is still useful. Below, Brother Fa provides some simple explanations: 1. Buy horizontally, buy on dips, don’t buy vertically; sell at the peak of excitement; Buy when prices are flat or declining to avoid chasing highs. Also, sell when market sentiment is at its peak. 2. Continuous small rises are real gains, continuous large rises require exit; Small increases might indicate a genuine market rebound, while continuous large rises could be bubbles. Thus, hold on small rises, but consider exiting during large surges. 3. Significant spikes require pullbacks; don’t dig deep pits or make large purchases; When prices surge significantly, a pullback often occurs. Buy during the pullback rather than chasing high prices. 4. Acceleration in main rises indicates a peak; sell quickly during sharp declines, sell slowly during gradual rises; Rapid price acceleration during a main rise might signal an impending end. Sell quickly during sharp declines and gradually during slow rises. 5. Sharp declines with low volume are intimidation; retreat quickly during gradual declines with increasing volume; When prices drop sharply with low trading volume, it may indicate market panic, so holding could be a choice. Conversely, if prices decline slowly but volume increases, it may signal a strengthening bear market, and one should exit promptly. 6. Price breaks the lifeline; don’t hesitate to make swing trades; When prices break through a significant support or resistance level, considerable fluctuations may occur, making swing trading a consideration. 7. Pay attention to daily, weekly, and monthly charts; follow the main force to earn money; Carefully observe price trends across different time frames and trade according to the flow of main capital. 8. If the coin price rises without volume, don’t stand guard against the main force's bait; When prices rise without an increase in trading volume, it may be the main force attempting to lure in buyers, so be cautious not to get trapped. 9. New lows with declining volume indicate a bottom; increase in volume during recovery signals to enter; When prices drop but trading volume decreases, it may indicate the formation of a bottom. If prices recover with increasing volume, it may signal the beginning of an upward trend, and one should enter promptly.
Bitcoin below 150,000 USD can only be considered a bottom; once it surpasses 150,000 USD, it enters a phase of bull market frenzy, and then it will quickly aim for 300,000 USD! ① BTC will continue to rally, with the next resistance at 150,000 USD. Whether 150,000 USD is the peak will depend on the pullback situation at that time.
② Regardless of how much it rises, BTC will experience at least one significant pullback, exceeding 10,000 points (this marks the start of BTC's pullback), followed by a period of consolidation and pullback. The exact pullback level is unknown, but this major adjustment presents a buying opportunity.
③ After the pullback ends, it will kick off the second half of this bull market rally (up to now, it can only be said that BTC has just entered the bull market, recovering lost ground, and has not yet started a true bull market rally).
The future trend of BTC is very clear; I rarely miss the long-term direction on BTC, and I hope this helps you.
Altcoin Market Recently, the altcoin market has exploded in the meme, AI, and gaming sectors. Currently, L2 public chains and older coins have not yet exploded; they just need to be positioned. In a bull market, anything you buy can rise; just choose those with backing and hold on, as that's the hard truth. $MAGIC $IDEX
In other words, the 4 years you waited were ultimately just for that 3-4 months of explosive growth. If you miss that period, your profits may vanish, and you might even face losses. Therefore, the opportunities to make big money are often brief and swift. Bulls are short, bears are long. Many coins on Binance are being repurchased by the project teams. Repurchase isn't a matter of conscience; it’s just that there’s now a risk of delisting votes. The maintenance cost is very low, but the cost of delisting and then relisting is very high. The vote can make all coins worthless. We need to see the patterns in the crypto world. The LUNC coin reached a price that made people scream during the bull market, but it fell into a death spiral during the bear market, causing its price to drop drastically, becoming worthless. Even failure failed miserably; the founder is in prison. However, we must also consider that now, with the bull market coming, prices can resurrect and geometrically multiply, doubling again and again. Isn’t Bitcoin and Shiba Inu also boasting thousands of times in the fragrant harvest of the bull market while being criticized?
From the current 4-hour chart, the price of Bitcoin is gradually oscillating, showing a downward trend before entering a consolidation phase. The market is influenced by the resistance from the upper trend line and the support from the lower trend line, causing the price fluctuation range to narrow, with downward pressure slightly higher than rebound momentum. As the bearish signal of the MACD strengthens, it is expected that there will still be a certain demand for further declines in the short term, focusing on the effectiveness of the support level at 114120. If this support fails, the price may further retrace to around 112990.
In terms of operation: Short near the rebound area of 115500-116000, target around 114500-114100, if broken, look at around 113500-113800. $BTC
#美国初请失业金人数 #就业报告 Tonight at 8:30 PM, the US will announce employment numbers—— Numbers < 100,000 → Dollar drops, Bitcoin rises, go long directly; Numbers ≈ 110,000 → Small fluctuation, wait and see; Numbers > 130,000 → Dollar rises, Bitcoin drops, short term exit first
Uber's strength can deliver 1000 BTC every day?! 😂 What am I even looking at? Nowadays, people hide behind the internet, and they can do anything. It's completely due to the disappearance of evidence, and everything relies on words. 😅
6 tokens have skyrocketed over 100%! Can you still chase them?
In the past month, 6 out of the top 300 cryptocurrencies have risen over 100%, with the most significant being ZORA (up 746%), followed by REKT, CFX, PENGU, ENA, and IP. Can you still get in now? Let's analyze it simply. 1. Common characteristics of explosive coins Why did these coins suddenly skyrocket? Generally, there are a few reasons: Hype around hotspots (like NFT, Layer2, Meme coins) Major project upgrades/collaborations (like new features launched, listings on exchanges) Market manipulation by big players (low circulating market value, easy to manipulate) Market sentiment warming up (when BTC is sideways, capital moves to speculate on small coins) The logic behind the explosive rise of these 6 coins:
$ETH dropped below 3600 USD, currently reported at 3598 USD, with a daily decline of 5.02% The Federal Reserve maintains high interest rates, selling pressure from miners/whales, and bearish market sentiment Short-term: 3550-3600 is key, if it stabilizes, small trades can be made; if it breaks, wait for lower levels. Long-term: 3400-3500 is an opportunity, but don't rush, buying in batches is safer. Risk: If BTC is unstable, ETH will also drop, don't blindly try to catch the bottom. Don't panic, wait for stabilization before acting, don't go all in!
This decline has a bit of appetite. According to coinglass_com's Manhattan map, if it falls below $113,499, then an exchange has accumulated up to $1 billion. There is about 1% space left from now, or should we wait for a missing body?
Standards vary from person to person, I think an ordinary person meeting these four points is enough. 1. No savings, but own a house and a car with no loans; whether it's a spacious flat or an old, small one, as long as you feel comfortable, that's fine. 2. Able to pay social security every month, with income covering basic expenses, not needing to worry about making a living. 3. Savings of 500,000 to 1,000,000. 4. Contentment brings happiness; even with a few thousand in salary, one can live richly. Don't chase after spending tens of thousands with a few thousand salary; having a bowl of noodles is about the same; basic survival doesn't cost much. The most important thing is an abundant inner life, which is difficult, and even money doesn't quite achieve that. Enjoy a meal on the right side, complete the tasks at hand, and cherish the people around you. Summary: Freedom is a mindset, is contentment the greatest wealth? 😭😭😭
The market is much like life. What you think is a major peak may just be the main players warming up; What you think is a pullback may just be a cleansing before the next round of takeoff.
What truly makes the difference is not who rushes in first, but who can hold their emotions steady and not act erratically during sideways movements.
Don’t rush, and don’t gamble. That moment when the market surges will always come. What is meant for you cannot be blocked; what is not meant for you cannot be held onto, no matter how much you bet.
A bull market is not about who is the smartest, it’s about who can stay steady and not get carried away. #加密市场回调 #上市公司加密储备战略
Why is the crypto world so addictive and hard to quit!?
Many people enter the crypto world attracted by stories of sudden wealth. Making money is not a shameful thing; it's a cool thing. So, they charge into the crypto space, feeling like gods of the market, thinking they will earn millions like the protagonists in wealth stories, with a small goal. Eventually, they go from making small profits and losses to large losses, and then they 'pray' to various influencers for trading methods. The biggest taboo in crypto investment is not understanding take-profit. Many people see their funds rising but always wait for a 'higher' point, and when the market reverses, the previous gains evaporate instantly. I've seen too many people like this; don't fall because of your mindset! This advice applies to any industry!
The biggest source of instability now is that if there is no new progress in the Russia-Ukraine peace talks in ten days, Trump will impose a 100% tariff on countries buying Russian oil.
Mainly China, India, Turkey.
Primarily China; if a 100% tariff is imposed on China, all the previous trade negotiations will turn to dust, and cryptocurrency will inevitably plummet.
Ten days—do you think Russia can cease fire? #俄乌停火
On the first day of August, the cryptocurrency market opened with a bang. Just yesterday, it was said that it wouldn't drop below 115K, and by dawn, it showed you otherwise. Thank you, old Trump.
The King of Understanding @realDonaldTrump announced that the reciprocal tariff rates range from 10% to 41%, the highest level since World War II.
The good news is that there is a seven-day window before the new tariffs are implemented, allowing some countries time for further negotiations to lower their tariff levels.
In the future, cryptocurrency traders no longer need to say they are stock traders; they can say they are patriotic transferors. Yes, the $200 million renovated East Side of Atlanta is credited to the voice of the cryptocurrency community. In the future, when you go to the U.S., you can point to Atlanta and say there is a sum of money you can take out.