Blockchain is a ledger, similar to other databases, that records transaction information between users. As a ledger, the information recorded in the blockchain is like "Zhang San transferred 10,000 yuan to Li Si at 5:30:23 PM on July 1, 2020", more accurately, it is "10,000 yuan was transferred from this wallet address to that wallet address at this time." Blockchain has transparency; everyone can view the transaction history, but cannot see the user identity corresponding to the addresses. All computers in the network are nodes, and each node holds a copy of the ledger. Nodes must reach a consensus on transactions—only when the majority of nodes agree will the transaction be recorded. In chains that use the PoW (Proof of Work) consensus mechanism (like the Bitcoin blockchain), miners can only add a new block after successfully solving a cryptographic puzzle. Transaction information is hashed and then passed to the next block; if someone wants to modify a record, they must also modify all previous records simultaneously. Each record relies on the previous record, forming a chain. Each block has its own hash value, and this hash value relies on the hash value of the previous block. #区块链
The SOL hourly level trend has entered a phase of consolidation and fluctuation, with the candlestick patterns showing a step-like upward characteristic, indicating that bullish forces have a slight advantage in repeated tests. In terms of technical indicators, the MACD double lines are closely aligned with the zero axis, signaling an unclear direction for both bulls and bears; the KDJ indicator's three lines are continuously converging, suggesting a strong wait-and-see sentiment in the short term, urgently needing new driving factors to break the current stalemate. The SOL recommendation looks towards the vicinity of 150-155, and after reaching the target, continue to look upwards. #区块链
Why is Bitcoin's Status in the Cryptocurrency World Unshakable?
When it comes to the cryptocurrency world, people first think of Bitcoin. Why, after more than a decade of development and countless altcoins emerging, has no one been able to surpass Bitcoin? The answer lies in these three key factors.
1. The Status Established Through Life-and-Death Struggles
In 2009, Bitcoin burst onto the scene, starting from scratch. Over the past decade, it has faced countless hacker attacks, experienced numerous exchange closures, and has been warned or even banned by various governments, with the outside world declaring it 'dead' hundreds of times. Yet every time, Bitcoin has resiliently bounced back. These experiences of rebirth from the ashes have established an irreplaceable trust in the hearts of global investors.
7 days, a turnaround from 3000 to 18000! Thank you for your trust, we will break through with professionalism and respond with strength. This doubling answer sheet will not disappoint every expectation! #币圈 #区块链
1. Safety first; strictly adhere to risk control. Don't let liquidation end your trading! You must set a stop-loss line and avoid blindly adding margin. Leverage should not exceed 20 times. Ensure the safety of your principal first, then you have a chance to wait for profits. The market never lacks opportunities; don't gamble for sudden wealth; surviving is more important than making quick money. 2. Control your hands, reject the gambler's mentality. Never go all in! Use only 1%-3% of your capital for each trade; avoid excessive trading and frequent buying/selling. Set reasonable profit-taking points; don't fantasize about doubling your investment with a single trade—market 'dragon market' (rapid rise and fall candlesticks) can fluctuate 2%-3% within minutes, leading to instant liquidation under 20x leverage. It's better to earn less than to turn cryptocurrency trading into gambling.
Observing the current market, it has rebounded after touching a key support level intra-day, with short-term technical patterns showing some repair, but the overall trend remains unclear. It is noteworthy that the MACD indicator has formed a golden cross below the zero axis, and the green momentum bars have begun to release or strengthen, injecting momentum into the short-term rebound. However, the subsequent trend still depends on whether it can effectively break through the key resistance area above, which will be critical in determining whether the rebound can continue or even reverse the trend. Investors should pay close attention to the strength and sustainability of the MACD golden cross. In terms of operational strategy, it is recommended to maintain a bearish outlook. If the price stabilizes and rebounds successfully, the strategy should be adjusted in a timely manner. Evening Suggestions: Bitcoin 104300-104100🈳 Target around 102450 Ethereum 2475-2455🈳 Target around 2375 #币圈
Last night, the bearish forces for Bitcoin were strong, with the price sharply retreating from 106500 to around 102300. After a brief rebound to 103800, it entered a range of fluctuations. The daily chart closed with a large bearish candlestick, significantly enhancing the bearish momentum, with 101500 becoming a key support level. It is expected that the market will mainly fluctuate over the weekend, suggesting that the strategy should focus primarily on bearish operations, with bullish operations as a supplement. Operation suggestion: Bitcoin rebound 10380-10410🈳 Target around 10310-10280
How Should the Cryptocurrency Market Stabilize Trading
Speculative behavior always exists in every corner of the market. Recently, after Circle successfully entered the capital market, its stock price has soared continuously, and the speculative factors cannot be ignored. At the same time, the popularity of the trendy toy IP Labubu continues to rise, not only giving birth to a large number of scalpers reselling products but also generating so-called 'folk artists.' Interestingly, when Labubu products were priced at 99 yuan, no one cared; when the price rose to 999 yuan, they were hailed as a symbol of 'artistic value.' This phenomenon seems absurd but truly reflects the manifestation of speculative psychology in the consumer market. As the old saying goes, where there are people, there is speculation, but the forms of speculation vary in different fields, just like the size of the bubbles blown varies.
In the cryptocurrency world, there is a legend of the "10U War God." They hold a principal of 10 dollars, yet their pupils reflect the phantom of millions of U in wealth. As soon as the K-line shows any fluctuation, they immediately unleash 100 times leverage, their calls reverberating through the community, operating as swiftly as thunder, as if they could rewrite their fate script in the next second. In the face of skepticism about "daring to gamble with such little capital," they throw out golden words: "I am not here to speculate; I am here to defy the odds and change my destiny!"
Liquidation? Just a halftime break. In the blink of an eye, they recharge 10U, and the War God’s cloak is donned once again. Despite an account balance so thin it’s translucent, the momentum that could make even the "Wolf of Wall Street" shout brother remains undiminished. This group of spiritual shareholders in the cryptocurrency world can be described as a complex contradiction—accurately predicting tops and bottoms, yet their practical operations are often misaligned, using the smallest capital to enact the most passionate wealth myths. #币圈
The weekly chart is still in a breaking position, with sufficient bearish momentum and no signs of a trend reversal. Although the bullish candlestick is not fully formed, it shows strong continuity. We remain bullish as usual this week and next Monday. After the daily correction, bulls are resuming, with the 5-day moving average gaining support and the 10-day moving average moving upwards. Looking bullish in the medium term. However, the trend may turn into a fluctuating upward movement, and it's advisable not to chase after bullish positions at the end of the week. It is recommended to buy on dips and pay attention to support levels for entry. Trading advice: Buy in the range of 105600-105100 Target: Around 106400-106900 #区块链 #币圈
After many years of struggling in the cryptocurrency space, I have deeply realized that restraining one's greedy nature and adhering to rational investment is fundamental for survival in this high-risk field. Market prices fluctuate like a roller coaster; blindly following trends and trying to chase gains or cut losses often leads to rapid investment pitfalls. Only by staying calm and rational can one avoid being swayed by emotions and prevent becoming a victim of market volatility. When investing, it is essential to strictly adhere to the principle of 'investing with spare money', set stop-loss lines scientifically in advance, and execute them resolutely, without harboring any luck-based mindset. One must understand that a moment of hesitation can lead to irretrievable losses. At the same time, one must maintain a high level of vigilance towards so-called 'insider information' and stories of overnight wealth, and avoid being gullible and blindly following them.