In the absence of a broken upward trend, a short-term bottom will appear tonight. If the trend breaks, exit and cut losses; if the trend does not break, wait for profit taking.
Whether the trend has broken or not involves a series of issues such as support and resistance levels. Tomorrow's video tutorial will explain how to analyze trends and a series of issues related to support and resistance levels.
The number one taboo in trading: holding onto losing positions. Cutting losses is a cost of trading, so avoid engaging in futile efforts like hedging or holding onto losing positions.
【Overview of Binance Activities for the Next Three Days】 Day 1 (5.6): 1. At 8 AM, Binance Launchpool, those with BNB, FDUSD, and USDC can participate. 2. Project MYX new token TGE, invest in BNB from 4-6 PM, with the requirement of: higher points + lower points UID last digit lottery. Day 2 (5.7): Alpha airdrop $OBOL, trading at 6 PM, airdrop will be credited after trading, with the requirement of: points. Day 3 (5.8): Alpha airdrop $SXT, trading time will be announced on the day, with the requirement of: higher points + lower points UID last digit lottery. Brothers, set your alarms, especially for the new token investment, don’t miss it. Finally, like and follow for a Q&A red envelope.
$USDC 🔄 Ripple's Acquisition Attempt Rejected: Ripple attempted to buy Circle, the issuer of USDC, with a $4-5 billion bid. The offer was rejected by Circle as being too low. This development shows Ripple's desire to become more dominant in the stablecoin market, perhaps threatening Tether's dominance. 💳 Visa and Baanx Launch USDC Payment Cards: Visa and Baanx have launched payment cards through which users can spend USDC directly from their crypto wallets. These cards use smart contracts to power the transactions, making USDC more useful in daily payments. 🌍 Circle Integrates USDC with World Chain: Circle has integrated natively USDC and its Cross-Chain Transfer Protocol (CCTP) V2 on World Chain, a blockchain specializing in human-focused financial ecosystems. The integration serves to enable speedier, more affordable, and more secure cross-chain transactions for World Chain's 25 million users. 📈 USDC Market Capitalization and Volume of Trade: USDC is pegged at $1.00, with a trading volume over a 24-hour period of about $5.97 billion and a market capitalization of around $61.5 billion.
Binance Launchpool Unveils Space and Time (SXT): Stake BNB, FDUSD, and USDC to Earn Rewards
Binance is thrilled to introduce Space and Time (SXT), the 69th project on Binance Launchpool. SXT is a cutting-edge blockchain platform, backed by Microsoft, that leverages zero-knowledge (ZK) proofs to deliver secure and verifiable data solutions. This exciting opportunity allows users to participate in a 2-day farming event to earn SXT tokens by locking BNB, FDUSD, and USDC. Key Dates and Trading Details Farming Period: Starts May 6, 2025, 00:00 (UTC) and ends May 7, 2025, 23:59 (UTC).Listing Date: SXT will be listed on Binance at May 8, 2025, 13:00 (UTC).Trading Pairs: SXT/USDT, SXT/USDC, SXT/BNB, SXT/FDUSD, SXT/TRY. Launchpool Overview Stake your BNB, FDUSD, or USDC to farm 125,000,000 SXT tokens, representing 2.5% of the total token supply. The farming event is designed to reward participants across three pools with the following allocations: BNB Pool: 106,250,000 SXT (85% of rewards)FDUSD Pool: 6,250,000 SXT (5% of rewards)USDC Pool: 12,500,000 SXT (10% of rewards) Hourly Hard Caps per User BNB Pool: 221,354 SXTFDUSD Pool: 13,020 SXTUSDC Pool: 26,040 SXT Token and Network Details Token Name: Space and Time (SXT)Total Token Supply: 5,000,000,000 SXTMax Token Supply: 5,000,000,000 SXTInitial Circulating Supply: 1,400,000,000 SXT (28% of total supply)Additional Allocations:25,000,000 SXT for marketing campaigns post-listing (details in a separate announcement).50,000,000 SXT for marketing campaigns 6 months post-listing (details in a separate announcement). Why Space and Time (SXT)? Space and Time is revolutionizing data management in the blockchain space with its ZK-proven architecture. Backed by Microsoft, SXT ensures data integrity and scalability, making it a cornerstone for decentralized applications requiring trusted data. Learn more in Binance’s research report, available within 48 hours of this announcement. How to Participate Complete KYC: Ensure your Binance account is fully verified.Lock Assets: Stake BNB, FDUSD, or USDC via the Launchpool webpage (available approximately 12 hours after this announcement).Farm SXT: Earn rewards during the 2-day farming period.Trade SXT: Start trading on May 8, 2025, at 13:00 (UTC).
Note: Standard Launchpool terms apply. There is no listing fee for SXT. Get Started Join the Space and Time Launchpool to be part of a transformative blockchain project. Stake your assets, earn SXT rewards, and explore the future of ZK-proven data solutions with Binance! For more details, visit the Binance Launchpool https://www.binance.com/en/support/announcement/detail/7d695afee5c14c789dd8accb05cda42a #Binance #wendy #SXT #LaunchpoolSXT $BNB
Binance Launchpool Unveils Space and Time (SXT): Stake BNB, FDUSD, and USDC to Earn Rewards
Binance is thrilled to introduce Space and Time (SXT), the 69th project on Binance Launchpool. SXT is a cutting-edge blockchain platform, backed by Microsoft, that leverages zero-knowledge (ZK) proofs to deliver secure and verifiable data solutions. This exciting opportunity allows users to participate in a 2-day farming event to earn SXT tokens by locking BNB, FDUSD, and USDC. Key Dates and Trading Details Farming Period: Starts May 6, 2025, 00:00 (UTC) and ends May 7, 2025, 23:59 (UTC).Listing Date: SXT will be listed on Binance at May 8, 2025, 13:00 (UTC).Trading Pairs: SXT/USDT, SXT/USDC, SXT/BNB, SXT/FDUSD, SXT/TRY. Launchpool Overview Stake your BNB, FDUSD, or USDC to farm 125,000,000 SXT tokens, representing 2.5% of the total token supply. The farming event is designed to reward participants across three pools with the following allocations: BNB Pool: 106,250,000 SXT (85% of rewards)FDUSD Pool: 6,250,000 SXT (5% of rewards)USDC Pool: 12,500,000 SXT (10% of rewards) Hourly Hard Caps per User BNB Pool: 221,354 SXTFDUSD Pool: 13,020 SXTUSDC Pool: 26,040 SXT Token and Network Details Token Name: Space and Time (SXT)Total Token Supply: 5,000,000,000 SXTMax Token Supply: 5,000,000,000 SXTInitial Circulating Supply: 1,400,000,000 SXT (28% of total supply)Additional Allocations:25,000,000 SXT for marketing campaigns post-listing (details in a separate announcement).50,000,000 SXT for marketing campaigns 6 months post-listing (details in a separate announcement). Why Space and Time (SXT)? Space and Time is revolutionizing data management in the blockchain space with its ZK-proven architecture. Backed by Microsoft, SXT ensures data integrity and scalability, making it a cornerstone for decentralized applications requiring trusted data. Learn more in Binance’s research report, available within 48 hours of this announcement. How to Participate Complete KYC: Ensure your Binance account is fully verified.Lock Assets: Stake BNB, FDUSD, or USDC via the Launchpool webpage (available approximately 12 hours after this announcement).Farm SXT: Earn rewards during the 2-day farming period.Trade SXT: Start trading on May 8, 2025, at 13:00 (UTC).
Note: Standard Launchpool terms apply. There is no listing fee for SXT. Get Started Join the Space and Time Launchpool to be part of a transformative blockchain project. Stake your assets, earn SXT rewards, and explore the future of ZK-proven data solutions with Binance! For more details, visit the Binance Launchpool https://www.binance.com/en/support/announcement/detail/7d695afee5c14c789dd8accb05cda42a #Binance #wendy #SXT #LaunchpoolSXT $BNB
Before the new market trend appears, it’s basically a range fluctuation between the support level of 925 and the resistance level of 99 to capture profits. However, this way the amplitude will be a bit large, so let’s be more precise.
First, the psychological pressure level is at 980, and the technical pressure level is at 995. So, at the 4-hour/daily level, 925 is strong support, but these two days have been testing the new support level of 950.
For those who like to trade BTC intraday, you can shrink the fluctuation range to between 940 and 980, from which you can find entry points for long and short positions, as well as a stop-loss point of $BTC . Trading is this simple.
NO stoploss AND THE BITTER END 1. No Discipline => You LOSE HEAVILY 2. Wrong Volume => WILL CAUSE YOU TO LOSE. (No Discipline => Playing without stl => YOU LOSE).
+ Are there any brothers who trade Futu and lose due to wrong volume (large orders, chaotic orders), not setting stoploss leading to losses, losing money unnecessarily???
==> Even many brothers WITHOUT DISCIPLINE let it drift leading to losing MONEY or losing A LOT OF MONEY??
1. Most of the brothers when playing Futu think the coin will DROP -> then will INCREASE again.
+ Many times after setting stl -- it hits stl, the coin rebounds back to entry and profits -- Brothers get frustrated, being like this a few times will lead to the MENTALITY of brothers -- setting stoploss for what, then it will REBOUND anyway.
+ Many brothers think they have A LOT OF MONEY -> when it drops then DCA (average price) -> when it REBOUNDS up then there will be PROFITS.
==> Brothers, if it DOES NOT REBOUND, the average price volume increases, when the market dumps strongly (OM just now from 6.6$ to 0.3xx$ ) then A LOT OF MONEY will also B.U.R.N, at this time it will be a FINAL REBOUND, brothers.
2. Most of the brothers think they go in with a really big order, then TAKE PROFIT 1-2% and then get out, then run,... locking in for sure 😂
+ This way of thinking, this way of playing is TOTALLY WRONG, brothers. ==> Brothers think this way of playing can win 6-7-8-9 orders... BUT unlucky to hit the 10th order you just entered -- when the market dumps strongly then the initial orders that you TOOK PROFIT will NOT BE ENOUGH TO COVER the losses, even losing all the capital and profits.
🤝 Advice for the above 2 cases: + Playing Futu means you MUST HAVE DISCIPLINE in setting stl clearly. => Brothers can set stl at 3-4-5% even higher but still have to set stl. + Playing has days winning and days losing, on days unlucky to hit stl 2 times then relax, play again tomorrow, NO FRUSTRATION, NO WIN-LOSE with the market when the spirit is not comfortable. + Cultivate the habit of maintaining consistent volume.
Once you try Japanese cuisine, you'll often crave it Mainly because of the quality of the ingredients Brothers, remember to relax these days without market trends What's the point of just making money without spending it?😁 Remember to treat yourself a little better $BTC