Geraldo Koegler YLNa
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$BTC sold, brothers, I've exited the market! Goodbye!
I hardly slept last night watching Bitcoin continue to plummet, my account kept losing money, and my mental defenses were gradually breaking down. However, I still held onto the hope that the retail investors in China might wake up and Bitcoin could rebound, but at 9 AM Bitcoin dropped to 98,000, completely breaking my mental defenses. In the end, I had to accept a huge loss of 5,000, and at 99,000 I closed all my positions and chose to cash out. The reasons are as follows:
1. Those who know me are aware that I started with a capital of 7 units and reached a maximum of 1,000 units. With a 2,000 yuan investment on Gate, I had a total of 12,000. A sixfold return in one and a half months is actually enough; there's no need to take the risk of buying at high prices.
2. I originally planned to sell Bitcoin at 110,000, but I realized that the previous strength of Bitcoin was just because the interest rate cuts were a done deal, so the good news had already been priced in. Coupled with the subsequent bearish trends, it became even more confusing, making me hesitant to take risks.
I hardly slept last night watching Bitcoin continue to plummet, my account kept losing money, and my mental defenses were gradually breaking down. However, I still held onto the hope that the retail investors in China might wake up and Bitcoin could rebound, but at 9 AM Bitcoin dropped to 98,000, completely breaking my mental defenses. In the end, I had to accept a huge loss of 5,000, and at 99,000 I closed all my positions and chose to cash out. The reasons are as follows:
1. Those who know me are aware that I started with a capital of 7 units and reached a maximum of 1,000 units. With a 2,000 yuan investment on Gate, I had a total of 12,000. A sixfold return in one and a half months is actually enough; there's no need to take the risk of buying at high prices.
2. I originally planned to sell Bitcoin at 110,000, but I realized that the previous strength of Bitcoin was just because the interest rate cuts were a done deal, so the good news had already been priced in. Coupled with the subsequent bearish trends, it became even more confusing, making me hesitant to take risks.
Q
5.8 billion Dogecoin (DOGE) is about to awaken, Dogecoin price prediction
Due to the continued weakness of most altcoins, the price of Dogecoin has fallen for three consecutive days. Its pullback mirrors that of other popular meme coins such as Shiba Inu, Floki, and Dogelon Mars. Now, with 5.8 billion Dogecoins suddenly in circulation, can this coin recover its upward trend?
This month, Dogecoin's price remains in a consolidation phase. It has dropped to a low of $0.3787, nearly 20% down from the month's peak. The ongoing profit-taking has prompted some investors to start selling their tokens. Third-party data shows that the sentiment around Dogecoin has now turned negative.
This marks a significant reversal since the sentiment index surged in November when cryptocurrencies soared to multi-year highs. More data also shows that the cryptocurrency fear and greed index has declined from a high of over 90 earlier this year to 80. This indicates that these tense sentiments are spreading.
Additionally, the price of DOGE has surged nearly 500% from its low in July to its high in November. Many cryptocurrency traders typically sell their tokens at the end or pause of a bull market.
The price of Dogecoin remains in a predicament, especially in the short term. According to cryptocurrency analyst Gonzo, who has over 12,000 followers, the token is still in trouble, with the 100-day moving average at $0.4073 providing important resistance. The token also found key support at the 200-day moving average.
In this scenario, if it falls below the 200 EMA level of $0.3833, it will confirm further declines. This move would push it down to the next key support level of $0.3660, which is the lowest fluctuation on December 10. If the token breaks through the 100 EMA, it will confirm further upward movement.
There are signs that the DOGE price is forming a bullish flag chart pattern. This pattern consists of a long vertical line and a rectangular pattern. In this case, the token faces support on the lower side of the pattern.
#Doge🚀🚀🚀 #加密市场回调
Due to the continued weakness of most altcoins, the price of Dogecoin has fallen for three consecutive days. Its pullback mirrors that of other popular meme coins such as Shiba Inu, Floki, and Dogelon Mars. Now, with 5.8 billion Dogecoins suddenly in circulation, can this coin recover its upward trend?
This month, Dogecoin's price remains in a consolidation phase. It has dropped to a low of $0.3787, nearly 20% down from the month's peak. The ongoing profit-taking has prompted some investors to start selling their tokens. Third-party data shows that the sentiment around Dogecoin has now turned negative.
This marks a significant reversal since the sentiment index surged in November when cryptocurrencies soared to multi-year highs. More data also shows that the cryptocurrency fear and greed index has declined from a high of over 90 earlier this year to 80. This indicates that these tense sentiments are spreading.
Additionally, the price of DOGE has surged nearly 500% from its low in July to its high in November. Many cryptocurrency traders typically sell their tokens at the end or pause of a bull market.
The price of Dogecoin remains in a predicament, especially in the short term. According to cryptocurrency analyst Gonzo, who has over 12,000 followers, the token is still in trouble, with the 100-day moving average at $0.4073 providing important resistance. The token also found key support at the 200-day moving average.
In this scenario, if it falls below the 200 EMA level of $0.3833, it will confirm further declines. This move would push it down to the next key support level of $0.3660, which is the lowest fluctuation on December 10. If the token breaks through the 100 EMA, it will confirm further upward movement.
There are signs that the DOGE price is forming a bullish flag chart pattern. This pattern consists of a long vertical line and a rectangular pattern. In this case, the token faces support on the lower side of the pattern.
#Doge🚀🚀🚀 #加密市场回调
q
KZG 口罩哥
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1. The Federal Reserve announced a 25 basis point rate cut, in line with market expectations, with only two rate cuts anticipated next year.
2. The Federal Reserve significantly raised the median target range for future policy rates, while also raising inflation expectations for next year and the year after.
3. Powell stated that the U.S. economy is performing strongly, the labor market is cooling but still robust, and inflation is close to the 2% target.
4. The average monthly increase in non-farm employment over the past three months was 173,000, with the unemployment rate in November at 4.2%, which is at a relatively low level.
5. The Federal Reserve has lowered the policy rate by 100 basis points from its peak, with a noticeably less tight policy stance.
6. The PCE inflation expectation for this year is 2.4%, and 2.5% for next year, both higher than the September forecast, before falling to the 2% target thereafter.
7. The Federal Reserve hinted at slowing down or pausing the pace of rate cuts, indicating that future policy adjustments will be more cautious.
8. The expected federal funds rate at the end of next year is 3.9%, and 3.4% by the end of 2026, both higher than the September forecast.
9. The Federal Reserve will decide on the magnitude and timing of future rate cuts based on economic data, changes in outlook, and risk balance.
10. The Federal Reserve lowered the overnight reverse repurchase agreement tool rate to the lower limit of the target range, which is a technical adjustment.
2. The Federal Reserve significantly raised the median target range for future policy rates, while also raising inflation expectations for next year and the year after.
3. Powell stated that the U.S. economy is performing strongly, the labor market is cooling but still robust, and inflation is close to the 2% target.
4. The average monthly increase in non-farm employment over the past three months was 173,000, with the unemployment rate in November at 4.2%, which is at a relatively low level.
5. The Federal Reserve has lowered the policy rate by 100 basis points from its peak, with a noticeably less tight policy stance.
6. The PCE inflation expectation for this year is 2.4%, and 2.5% for next year, both higher than the September forecast, before falling to the 2% target thereafter.
7. The Federal Reserve hinted at slowing down or pausing the pace of rate cuts, indicating that future policy adjustments will be more cautious.
8. The expected federal funds rate at the end of next year is 3.9%, and 3.4% by the end of 2026, both higher than the September forecast.
9. The Federal Reserve will decide on the magnitude and timing of future rate cuts based on economic data, changes in outlook, and risk balance.
10. The Federal Reserve lowered the overnight reverse repurchase agreement tool rate to the lower limit of the target range, which is a technical adjustment.
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Many people are in despair! Why did it fall despite the good news last night? Let me explain:
During a Q&A session with the Federal Reserve, someone asked about $BTC , and old Powell clearly stated that he and the Federal Reserve do not have a positive outlook on Bitcoin. They do not believe that Bitcoin is suitable as a strategic reserve asset.
Although theoretically Congress could amend the law to force the Federal Reserve to accept Bitcoin, old Powell hopes that this situation does not occur. In short, Powell and the Federal Reserve have a negative attitude towards Bitcoin and do not wish for it to become an officially recognized reserve asset.
Many people do not understand; after all, the President is in charge, can't he handle this small matter? Let me put it this way, everyone originally thought it was a 100% winning situation, but suddenly two villains pop up to oppose you, and your winning rate drops to 70%. As someone betting on the show, shouldn't you bet on both sides?
Got it? But the drop is so severe; it's definitely the market manipulators at work!
During a Q&A session with the Federal Reserve, someone asked about $BTC , and old Powell clearly stated that he and the Federal Reserve do not have a positive outlook on Bitcoin. They do not believe that Bitcoin is suitable as a strategic reserve asset.
Although theoretically Congress could amend the law to force the Federal Reserve to accept Bitcoin, old Powell hopes that this situation does not occur. In short, Powell and the Federal Reserve have a negative attitude towards Bitcoin and do not wish for it to become an officially recognized reserve asset.
Many people do not understand; after all, the President is in charge, can't he handle this small matter? Let me put it this way, everyone originally thought it was a 100% winning situation, but suddenly two villains pop up to oppose you, and your winning rate drops to 70%. As someone betting on the show, shouldn't you bet on both sides?
Got it? But the drop is so severe; it's definitely the market manipulators at work!
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