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Reasons for ETH's downturn: 1. After the Ethereum ETF was approved, the selling pressure of Grayscale's early chips was too great. Even if other institutions took over, the digestion time was too long and it was indigestible. 2. The chain continued to be sluggish, gas could not be increased, and deflation turned into inflation. In addition, Sol BNB and other companies divided the market, and Ethereum's business model was questioned. 3. The main force sold off. The Ethereum Fund, as the leader, ignored the market downturn and the emotions of large holders, and only knew to cash out and go to paper gold. People have to doubt whether Ethereum still has its original intention. 4. The strong will always be strong, and the weak will always be weak. ETH cannot keep up with the market's growth. There is no bottom line when it falls. The market has shown signs of abandoning it. It is better to buy BTC than to buy large-cap coins, it is better to buy Sol than to buy main chains, and it is better to buy BNB than to buy market value. ETH has lost its value orientation.
Reasons for ETH's downturn:
1.
After the Ethereum ETF was approved, the selling pressure of Grayscale's early chips was too great. Even if other institutions took over, the digestion time was too long and it was indigestible.
2.
The chain continued to be sluggish, gas could not be increased, and deflation turned into inflation. In addition, Sol BNB and other companies divided the market, and Ethereum's business model was questioned.
3.
The main force sold off. The Ethereum Fund, as the leader, ignored the market downturn and the emotions of large holders, and only knew to cash out and go to paper gold. People have to doubt whether Ethereum still has its original intention.
4.
The strong will always be strong, and the weak will always be weak. ETH cannot keep up with the market's growth. There is no bottom line when it falls. The market has shown signs of abandoning it. It is better to buy BTC than to buy large-cap coins, it is better to buy Sol than to buy main chains, and it is better to buy BNB than to buy market value. ETH has lost its value orientation.
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The bottom-picking + wave-band play is more suitable for most people. The most important thing about this play is the in-depth research of a single project and the judgment of the big market. Some of my friends specialize in wave-band node monkeys, and some big investors are hoarding some more topical memes. This play is actually easier than the former. Now the entire market is indeed in hell mode. In this mode, the easiest way to lose money is to be fomo. I lost $30,000 by learning memes from the post-00s because of fomo, which caused my tuition fees to become the liquidity of the "post-00s" to exit. It is better to miss some things than to get too excited.
The bottom-picking + wave-band play is more suitable for most people. The most important thing about this play is the in-depth research of a single project and the judgment of the big market. Some of my friends specialize in wave-band node monkeys, and some big investors are hoarding some more topical memes. This play is actually easier than the former.

Now the entire market is indeed in hell mode. In this mode, the easiest way to lose money is to be fomo. I lost $30,000 by learning memes from the post-00s because of fomo, which caused my tuition fees to become the liquidity of the "post-00s" to exit. It is better to miss some things than to get too excited.
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BN sells coins, CB takes over The market trend will be controlled by Europe and the United States in the future
BN sells coins, CB takes over
The market trend will be controlled by Europe and the United States in the future
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The opening and closing times of US and European stocks correspond to the time points of the cryptocurrency circle. 1. European stocks - Summer time March-October, Beijing time 3:00PM-11:30PM - Winter time November-end of February of the following year, Beijing time 4:00PM-12:30PM 2. US stocks - Summer time Beijing time: 21:30-3:30 - Winter time Beijing time: 22:30-4:30 ​
The opening and closing times of US and European stocks correspond to the time points of the cryptocurrency circle.
1. European stocks
- Summer time March-October, Beijing time 3:00PM-11:30PM
- Winter time November-end of February of the following year, Beijing time 4:00PM-12:30PM

2. US stocks
- Summer time Beijing time: 21:30-3:30
- Winter time Beijing time: 22:30-4:30 ​
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Open-minded parents are those who can admit that they don’t know a lot of things, and can also accept that their children have their own lives. Children are not part of their parents’ face. The characteristic of Chinese families is that children inherit their parents’ face and future expectations. Therefore, this will lead to a particularly utilitarian process of having children.
Open-minded parents are those who can admit that they don’t know a lot of things, and can also accept that their children have their own lives.

Children are not part of their parents’ face.

The characteristic of Chinese families is that children inherit their parents’ face and future expectations.

Therefore, this will lead to a particularly utilitarian process of having children.
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When you are getting richer and richer! After you are rich, don't be arrogant to suppress people in your old circle, don't show off, this will attract hatred, arouse people's jealousy and malice. Respect them. The more low-key you are, the more you respect people, the more you care about people, and the more you consider other people's feelings, the better you can keep your wealth, and the more people will help you. If you are too arrogant, suppress others, don't give them face, and arouse people's hatred, they will find ways to kill you. There are too many people who can't stand your good. So, don't make an enemy easily. We are not gods, and it is impossible not to make mistakes in the future. As long as someone continues to dig holes for you and find ways to harm you, you will still be caught.
When you are getting richer and richer!

After you are rich, don't be arrogant to suppress people in your old circle, don't show off, this will attract hatred, arouse people's jealousy and malice.

Respect them. The more low-key you are, the more you respect people, the more you care about people, and the more you consider other people's feelings, the better you can keep your wealth, and the more people will help you.

If you are too arrogant, suppress others, don't give them face, and arouse people's hatred, they will find ways to kill you.

There are too many people who can't stand your good.

So, don't make an enemy easily. We are not gods, and it is impossible not to make mistakes in the future. As long as someone continues to dig holes for you and find ways to harm you, you will still be caught.
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People always have a yearning for the vastness and exploration of new worlds. It is a kind of honor to reach places that others cannot reach.
People always have a yearning for the vastness and exploration of new worlds. It is a kind of honor to reach places that others cannot reach.
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Yesterday, Lao Bao made a speech, and the market was full of positive news. The big pie rose by more than 4,000 yuan. The concubine also had about 200 yuan. In the face of such transparent shipping information, it was really wrong to lose money, blow up the account, and lose money. Yesterday, the fans battle situation. During the day, I watched the kong, and it was sideways for a day. The kong and kong made profits and did not run. There were also reminders. In the end, I had no choice but to make a floating profit of 15,000 oil, and then lost 6,000 oil. Fortunately, I changed my mind at night and entered the market in batches, winning four kongs.
Yesterday, Lao Bao made a speech, and the market was full of positive news. The big pie rose by more than 4,000 yuan. The concubine also had about 200 yuan. In the face of such transparent shipping information, it was really wrong to lose money, blow up the account, and lose money. Yesterday, the fans battle situation. During the day, I watched the kong, and it was sideways for a day. The kong and kong made profits and did not run. There were also reminders. In the end, I had no choice but to make a floating profit of 15,000 oil, and then lost 6,000 oil. Fortunately, I changed my mind at night and entered the market in batches, winning four kongs.
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Focus on the following recent news: 1. Nvidia will release its financial report next week, which should be good news for the AI ​​sector, such as lpt, arkm, fet, etc. 2. People should have a certain reaction to the election debate on September 10 3. Cz was released from prison on September 29, which is good for Binance tokens, such as bnb, cake, bake, etc.
Focus on the following recent news:

1. Nvidia will release its financial report next week, which should be good news for the AI ​​sector, such as lpt, arkm, fet, etc.

2. People should have a certain reaction to the election debate on September 10

3. Cz was released from prison on September 29, which is good for Binance tokens, such as bnb, cake, bake, etc.
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There are more complaints in the bull market than in the bear market Those who play with local dogs are left hanging on the top of the mountain, project owners lament the poor market conditions, hair-pulling studios are reversed, and VCs are locked in with no exit opportunities. Not being able to make money seems to be the root of all evil. The cruel thing is that even though complaints are coming one after another, there is never a shortage of people making money in the market.
There are more complaints in the bull market than in the bear market

Those who play with local dogs are left hanging on the top of the mountain, project owners lament the poor market conditions, hair-pulling studios are reversed, and VCs are locked in with no exit opportunities. Not being able to make money seems to be the root of all evil. The cruel thing is that even though complaints are coming one after another, there is never a shortage of people making money in the market.
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The secret that Biquan will never tell you Those who make a lot of money are definitely not lucky by chance, but have been ambushing for a long time. Many people only focus on the results of others. When they are ambushing, you still laugh at them for messing around. What the eyes can see is called sight, and what the eyes cannot see is called vision. When they are ambushing, people will not explain to you, because the cost of explaining and communicating is too high.
The secret that Biquan will never tell you
Those who make a lot of money are definitely not lucky by chance, but have been ambushing for a long time. Many people only focus on the results of others. When they are ambushing, you still laugh at them for messing around. What the eyes can see is called sight, and what the eyes cannot see is called vision. When they are ambushing, people will not explain to you, because the cost of explaining and communicating is too high.
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BTC is in an upward wedge pattern. It broke through the downward trend in the morning and started to rise, looking up at the 61900-62200 pressure range; ETH also broke through the small downward trend at noon and started to rise, looking up at the 2700-2720 pressure range. Powell will speak at 22:00 in the evening. If the pressure range is reached before the opening of the US stock market in the afternoon or evening, you can try to short. BTC is shorted at about 61700-62200, with a stop loss of 62500; ETH is shorted at about 2690-2720, with a stop loss of 2740;
BTC is in an upward wedge pattern. It broke through the downward trend in the morning and started to rise, looking up at the 61900-62200 pressure range;

ETH also broke through the small downward trend at noon and started to rise, looking up at the 2700-2720 pressure range.

Powell will speak at 22:00 in the evening. If the pressure range is reached before the opening of the US stock market in the afternoon or evening, you can try to short.

BTC is shorted at about 61700-62200, with a stop loss of 62500;

ETH is shorted at about 2690-2720, with a stop loss of 2740;
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On August 23, top trader Eugene Ng Ah Sio posted on social media that ETH has underperformed SOL and BTC throughout the current bull market, and pessimists believe that ETH's lack of retail-friendly architecture and selling points is the key reason. Although this is largely true, the market does not always move in one direction. He believes that the most important factor is still the current position of the ETH market. For several months, ETH has been the most respected asset by native crypto-natives, especially when the ETH ETF was announced. But since the launch of the ETF, its capital inflows have been disappointing, resulting in only buyers who arbitrage ETHE becoming the ultimate winners. Most of the positions that are optimistic about the future market have been washed out in the oscillation of the coin price. At present, the ETH market is facing extreme negative sentiment and the surrender of large OG whales. This means that ETH's current positioning may be at its lowest position ever.
On August 23, top trader Eugene Ng Ah Sio posted on social media that ETH has underperformed SOL and BTC throughout the current bull market, and pessimists believe that ETH's lack of retail-friendly architecture and selling points is the key reason. Although this is largely true, the market does not always move in one direction. He believes that the most important factor is still the current position of the ETH market.

For several months, ETH has been the most respected asset by native crypto-natives, especially when the ETH ETF was announced. But since the launch of the ETF, its capital inflows have been disappointing, resulting in only buyers who arbitrage ETHE becoming the ultimate winners. Most of the positions that are optimistic about the future market have been washed out in the oscillation of the coin price. At present, the ETH market is facing extreme negative sentiment and the surrender of large OG whales. This means that ETH's current positioning may be at its lowest position ever.
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FTX compensation funds are just around the corner! The FTX customer claims plan has received overwhelming initial support from all categories of creditors, with over 95% of voting creditors supporting the plan, accounting for 99% of the value of voting claims. This is the most critical step. FTX will submit the final voting results to the U.S. District Court for the District of Delaware before the confirmation hearing on October 7, 2024, which is only one and a half months from now. After the bankruptcy court approves the compensation plan, FTX compensation funds can enter the market.
FTX compensation funds are just around the corner!

The FTX customer claims plan has received overwhelming initial support from all categories of creditors, with over 95% of voting creditors supporting the plan, accounting for 99% of the value of voting claims.

This is the most critical step.

FTX will submit the final voting results to the U.S. District Court for the District of Delaware before the confirmation hearing on October 7, 2024, which is only one and a half months from now.

After the bankruptcy court approves the compensation plan, FTX compensation funds can enter the market.
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Some tips on drinking coffee: First, if you feel obvious discomfort, stomach pain, burning, diarrhea or nausea; palpitations, increased heart rate; anxiety, headache or hand tremors, etc. It is likely that you are allergic to caffeine, so don't drink it. Second, drinking on an empty stomach before a meal may not be good for the stomach (I drink on an empty stomach anyway, and it feels okay, it may vary from person to person). However, if you drink it after a full meal, it may not have any refreshing effect. Because the effect of eating comes before the effect of coffee. What should I do? Method 1: Eat some snacks or fruits before a meal and then drink coffee. Method 2: Drink coffee with a meal. Third, it is recommended not to add sugar. Modern people have good living conditions, and reducing carbon water is good for health. Brother Feng has been drinking black coffee for 20 years, and it still smells good. If you really can't adapt to it, add some milk, it will be very fragrant. Fourth (key point), this is the conclusion of Brother Feng and his family's experience. It may not be suitable for everyone, but it must be said and shared with everyone. If a cup of coffee is 200 ml, add some water to dilute it, and then pour out 200 ml. The refreshing effect of 200 ml before dilution and 200 ml after dilution is the same.
Some tips on drinking coffee:

First, if you feel obvious discomfort, stomach pain, burning, diarrhea or nausea; palpitations, increased heart rate; anxiety, headache or hand tremors, etc. It is likely that you are allergic to caffeine, so don't drink it.

Second, drinking on an empty stomach before a meal may not be good for the stomach (I drink on an empty stomach anyway, and it feels okay, it may vary from person to person). However, if you drink it after a full meal, it may not have any refreshing effect. Because the effect of eating comes before the effect of coffee. What should I do?

Method 1: Eat some snacks or fruits before a meal and then drink coffee.
Method 2: Drink coffee with a meal.

Third, it is recommended not to add sugar. Modern people have good living conditions, and reducing carbon water is good for health. Brother Feng has been drinking black coffee for 20 years, and it still smells good. If you really can't adapt to it, add some milk, it will be very fragrant.

Fourth (key point), this is the conclusion of Brother Feng and his family's experience. It may not be suitable for everyone, but it must be said and shared with everyone.

If a cup of coffee is 200 ml, add some water to dilute it, and then pour out 200 ml. The refreshing effect of 200 ml before dilution and 200 ml after dilution is the same.
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Many troops trembled
Many troops trembled
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There is no bull market in the B circle anymore, stop fantasizing
There is no bull market in the B circle anymore, stop fantasizing
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Goku = No One
Goku = No One
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The big one is coming
The big one is coming
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Floating loss is just a process, liquidation is the end result
Floating loss is just a process, liquidation is the end result
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