How to make a profit in the field of cryptocurrency? 1. Keep up with the trend and choose the new rather than the old. People always like the new and dislike the old, and should seize the latest hot spots in the market. For example, artificial intelligence, blockchain, etc., have these concepts existed before? 2. Enter the market in a bull market and exit in a bear market. Therefore, keep an empty position most of the time, and you can devote yourself to work or run your own business during this time, and don't let yourself be idle. 3. There are big opportunities only in big market conditions. The market often has its cyclicality, such as artificial intelligence, early blockchain projects, memes, etc. 4. The market is always right, and the mistakes can only be made by yourself. Believe that you can beat the market! 5. Exit the loss and hold the profit. Let the profit in the account grow, and stop the loss in time to avoid losses. 6. Increase the position when making money and reduce the position when losing money. Add more positions when you are lucky, and exit in time when you are unlucky. 7. Pay attention to the bottom strong coins and avoid the top altcoins. 8. If you don't have enough courage, don't get involved in strong coins! Choosing a strong coin means you must also remain strong$BTC
The most promising ecosystems before: BTC and TON. Both have the ability to issue assets in batches, but one is completely different in the way of issuing assets; the other is completely different in user acquisition and interaction. TON actually represents a trend, which is to acquire users on a large scale and even generate real income, such as catizen, which has already made tens of millions of dollars in profit. I expect that there will be better products and projects in this track, so wait patiently. I am optimistic about TON, but more than half a year ago, I didn't see any interesting assets in the TON ecosystem. The price of TON's native currency has always been very expensive, and it is heavily controlled, so I don't dare to buy it; some of TON's previous defis are not cheap and a bit boring. A series of small games and applications other than finance represented by TON are more interesting new assets and gameplay.
Is the current market bad? It is indeed bad, and everyone can see it.
Why is it so bad? In general, there is no money in the market, and liquidity has been withdrawn, so it has been falling. And there are a few dimensions to judge whether it has reached the bottom:
1. See if the cottage industry will fall when the big cake falls, which is equivalent to asking big investors, big VCs, and big market makers to help you judge the market
2. See if the market sentiment is desperate
3. See if there is a possibility of a new turnaround, such as the CPI data on Thursday. We don’t know whether it will be good or bad, but when the market can’t get worse, any data may be a turnaround for the better.
In any case, I still think that there will be good news between the interest rate cut in September and the election in November at the latest, and then Thanksgiving to before the Spring Festival may be the traditional off-season. Brothers just need to wait for the opportunity and run away in time.
Reasons for the Bitcoin crash and future trends: The sharp fluctuations in the market in recent days have indeed exceeded many people's expectations. Bitcoin has fallen from about $64,000 to about $54,000, a drop of about 16%. This large adjustment is indeed rare. The reasons for this plunge can be attributed to several factors: a sharp change in market sentiment, concerns about the prospects for global economic recovery, and the need for technical adjustments. In particular, the recent fear and greed index shows that the market is currently in a relatively cautious state, and this sentiment may have exacerbated market volatility.
#美国6月非农数据高于预期 #德国政府转移比特币 However, for long-term investors, this volatility may also be a rare opportunity to enter the market. If you are still optimistic about the future development of Bitcoin, the current price range of $47,000-56,000 may be the last suitable entry time in this bull market. In general, patience and long-term vision are the key to investment success. Short-term fluctuations should not interfere with your investment strategy. It is important to learn to make friends with market cycles and make rational investment decisions at the right time. It is expected that this fluctuation may continue until the end of the third quarter of this year, and the market may usher in a new direction in September and October.
[BTC supply and demand] Economic explanation of BTC halving and price
➤ General supply curve and demand curve
Friends with a little basic knowledge of economics know that the equilibrium price is at the intersection of the supply curve and the demand curve.
Generally speaking, the demand curve slopes downward to the right. As the price drops, the willingness to buy increases; and as the price rises, the willingness to buy decreases.
Generally speaking, the supply curve slopes upward to the right. As the price drops, the willingness to sell decreases; as the price rises, the willingness to sell increases.
➤ Medium-term BTC supply and demand curve
However, for BTC, there is a difference.
In the medium term, note that it is the medium term. The supply curve of the entire industry is almost a vertical straight line. Because for a period of time, the output of BTC in the entire industry is basically fixed.
➤ BTC supply and demand curve before and after halving
However, after BTC halved, the supply curve moved to the left. Assuming that demand remains unchanged (in fact, demand may be increasing), the equilibrium point moves to the upper left, which means that the equilibrium price rises.
This is one of the economic explanations for why halving leads to price increases.
1. APT Unlocking time: 21:59 on July 12 Unlocked quantity: 11.31 million (accounting for 2.49% of the current circulation, worth about 63 million US dollars);
2. XAI Unlocking time: 17:30 on July 9 Unlocked quantity: 198.4 million (accounting for 71.59% of the current circulation, worth about 55 million US dollars);
3. IMX Unlocking time: 8:00 on July 12 Unlocked quantity: about 32.47 million (accounting for 2.15% of the current circulation, worth about 41.6 million US dollars);
4. DYDX Unlocking time: 0:00 on July 10 Unlocked quantity: about 1.55 million (accounting for 0.68% of the current circulation, worth about 190 10,000 USD); 5. GLMR Unlocking time: 8:00 on July 11 Unlocking quantity: about 3.04 million (accounting for 0.34% of the current circulation, worth about 560,000 USD); 6. IO Unlocking time: 20:00 on July 11 Unlocking quantity: about 2.11 million (accounting for 2.22% of the current circulation, worth about 4.4 million USD); 7. ENA Unlocking time: 15:00 on July 14 Unlocking quantity: about 14.89 million (accounting for 0.87% of the current circulation, worth about 5.6 million USD).
#BTC走势分析 Price trend analysis] K line shape: The daily chart shows that the recent price has continued to fall from a high of 62135.46 (July 2) to 55823.99 (July 8), forming an obvious downward trend. In the hourly chart, the price has fluctuated around 56,000 in recent hours, but the overall price is still in a downward channel. Technical indicators: MACD: The MACD histogram on the hourly chart is negative and gradually expanding, indicating that the strength of the bears is increasing. The MACD on the daily chart also shows a dead cross state, further confirming the downward trend. RSI: The hourly RSI is close to 30, entering the oversold range, and a short-term rebound is possible. However, the RSI on the daily chart is still around 40 and has not completely entered the oversold zone, indicating that there is still room for downside. EMA: In the hourly chart, EMA(7) < EMA(30) < EMA(120), the moving average system shows a short position, confirming the current downward trend. The EMA (7) and EMA (30) on the daily chart have also crossed downwards against the EMA (120), further confirming the long-term downward trend. Volume: Trading volume on the daily chart increased significantly from July 4 to July 5, and then fell back, indicating that market sentiment was more cautious. The trading volume on the hourly chart increased significantly when the price fluctuated violently, especially when the price hit a low of 55528, buying became active. Comprehensive analysis: BTC/USDT is currently in an obvious downward trend, and technical indicators and K-line patterns support this judgment. It is recommended to pay attention to the integer point of 55,000 as potential support, and also pay attention to the performance of the previous band low of 55,528. If the price continues to fall and effectively breaks through 55,000, the next target will be 50,000. If there is a rebound, you may consider looking for opportunities near 57,000! Short-term advice: focus on high altitude
The next operation is not to short at highs, but to enter at lows. Therefore, I have also sorted out some relatively strong copycat projects in the market to give my brothers as a reference for bottom-fishing targets TON: This project must be familiar to everyone. The best entry price of TON is around 6 US dollars. However, due to the excessive market value of TON, TON's space is limited and the main band is NOT: The number of NOT players exceeds 30 million, with more than 5 million daily active users. The popularity is very high. The current market value is 1.5 billion US dollars. There is a certain growth space. The first choice for bands! JTO: The market value is small, the space is large, and the release of JTO has just ended. The next end will be 154 days later. The best entry price of JTO is around 1.6 RAY: The market value is 239 million US dollars. The three projects of RAY, JUP, and JTO SOL has a high linkage and complements each other. The stronger SOL is, the stronger these three projects will be. Although the ecology on the SOL chain has been diverted by major public chains, the heat is still there. In addition, the MEME project on the SOL chain is also worth paying attention to. BONK.BOME and WIF are both MEME coin leaders on the SOL chain. Although they are not resistant to declines, they are also very fierce when they pull the market. After experiencing this round of wash-out, the performance in the future market is also worth looking forward to.. BNX: BNX has always been very strong. In this round of BTC diving, BNX also performed very strongly. So far, it has recovered all the losses of BTC diving. And it has also set a new high. It is one of the few currencies that have risen against the trend. FLOKI: FLOKI is one of the few projects in the market that is very good at marketing. As a MEME coin, the most important thing is the pattern and ability of the project party. FLOKI also has a powerful destruction mechanism. The market value of FLOKI has exceeded 1 billion US dollars. The overall normal space is not very large, but as a bargain hunting target, it is still worth looking forward to. The following views are purely personal views. Please decide for yourself whether to enter the market...
#美国6月非农数据高于预期 #德国政府转移比特币 If you haven't entered the market yet or are in a short position, congratulations, now you have a good opportunity to buy at the bottom! The recent market plunge may have scared many people, but this year's bull market is still worth looking forward to and is getting closer.
In this wave of callback, except for Bitcoin, Ethereum, BNB and SOL, most of the altcoins have been cut in half from their highs in March, and even weaker altcoins have been cut in half again, which can be said to be a big discount! When Bitcoin falls by about 30% from its high, it is often a good time to buy at the bottom, and it is not ruled out that this price will be tested again in the near future. If you buy at the bottom of mainstream coins now, Ethereum will be more stable than Bitcoin because the selling pressure on the Bitcoin chain is relatively large. Ethereum does not have much substantial selling pressure, and after the Ethereum ETF goes online in mid-July, there will be additional Wall Street funds flowing in. Although the inflow of funds may not be large, it is also additional buying, which is much stronger than the currency with capital outflow
Many people expect RRR cuts and interest rate cuts, but in fact there is no shortage of liquidity in the market. The financial policies in recent years are as follows: In 2020, the reserve requirement ratio was lowered three times, releasing 1.8 trillion yuan in funds. In 2021, the reserve requirement ratio will be lowered twice, releasing 2.2 trillion yuan in funds. In 2023, the reserve requirement ratio will be lowered twice, releasing 1 trillion yuan in funds. In 2024, the reserve requirement ratio will be lowered once, releasing 1 trillion in funds. At the same time, the money supply (M2) has increased by approximately 60% from 2019 to now, while GDP growth during the same period is only approximately 28%. This shows that currency growth is much faster than economic growth. Despite the increase in money supply: 1. Prices did not rise significantly, or even declined. 2. The stock market did not see a sharp rise, and the overall performance was dismal. 3. The property market did not rise, but continued to decline. This begs the question: where does all this freed-up money go? By 2024, bank deposits will exceed 300 trillion, a significant increase from approximately 200 trillion at the end of 2019. This shows that there is no shortage of money in the market. These situations make people think about whether lowering RRR and interest rates alone can really solve all the problems. Have liquidity issues? This is a question worth exploring in depth.
According to Cryptoslam data, the top five blockchains in terms of NFT sales in the past week are: Ethereum (about $36.7 million), Solana (about $22.35 million), Polygon (about $19.65 million), BTC (about $15.659 million), Mythos Chain (about $4.059 million), Solana had the largest increase of 36.08%, while BTC had the largest increase of 15.12%.
In-depth exploration of this round of market decline On the surface, the actions of the German government and the big pie sell-off in Mentougou seem to be the source of panic, but after digging deeper, it is not difficult to find that there are actually many bigwigs behind this. They use malicious tricks to clean up leverage and lending in the market to achieve a certain market purpose. According to the feedback of on-chain data, in addition to Mentougou, there are many big investors who are secretly selling, exacerbating market volatility. The current long-to-long ratio has soared to more than 2.5, and market sentiment has reached an extreme state. However, in such a market environment, the bulls did not retreat, but instead marched forward, showing strong resilience and determination. For the majority of investors, we recommend that you stay calm at the current stage and do not blindly buy the bottom. After all, the sentiment of falling is still high, the market has not yet stabilized, and any impulsive behavior may bring unpredictable risks.
This small-scale rebound directly illustrates the value of the core narrative of this cycle. During this rebound, the top tracks include: AI, TGBOT, RWA, LSDfi, Gamefi, MEME.
AI, RWA, DEPIN, GAMEFI, SOL ecology. In fact, this round of TON ecology should also be included. The recent data is very impressive! The core currencies of the five major tracks we are currently paying close attention to (limited to Binance listing): AI: LPT, RNDR, FET
Simple and practical tips for bottom-fishing in the currency circle:
1. Divide money into batches: Assuming you have 10,000 U, divide it into five parts, and use one of them for each transaction, that is, 2000 U.
2. Buy a little first: Use this 2000 U to buy a coin first.
3. Buy again if it falls: If the price of this coin falls by 10%, then use another part of the money to buy.
4. Sell when it rises: If the price of the coin rises by 10%, then quickly sell one part and make some money.
5. Repeat the above steps: Buy and sell until you have spent all your money or sold all the coins.
The advantage of this strategy: The advantage of this strategy is that even if the price of the coin falls, you don’t have to panic, because you can continue to buy. In fact, if you have bought all five parts of the money, the price of the coin has at least fallen by half. But unless the market is particularly bad, the price of the coin will not fall so fast. And every time you sell, you can earn 10% of the money. For example, if you have 100,000 U and use 20,000 U each time, you can earn 2,000 U each time.
Are you still criticizing me, I openly recommend the spot code ENA around 0.82, and I added a part of my position around 0.7. The average price is 0.76, and the current highest is 0.92, an increase of 22%
You deserve it that I can't make money, I'm not willing to open my mouth for the meat that is delivered to my mouth.
In cryptocurrency trading, each coin has its own profit cycle and specific profit window. However, not all coins offer simple and continuous profit opportunities.
Especially for those altcoins that double in price in a short period of time, but are accompanied by irrational long upper shadows or fast lower pins, it is usually recommended to avoid trading.
Coins with such price behavior not only lose money, but are also a serious blow to trading confidence.
PYTH and AVAX will unlock tokens worth more than $1.1 billion:
On May 20, Token Unlocks data showed that six projects will unlock tokens in large amounts at once this week, with a total value of more than $1.1 billion. Among them:
Pyth Network will unlock 2.13 billion PYTH at 22:00 Beijing time on May 20, accounting for 141.67% of the circulation, worth about 812 million US dollars;
Avalanche will unlock 9.54 million AVAX at 8:00 Beijing time on May 22, accounting for 2.49% of the circulation, worth about 340 million US dollars;
SPACE ID will unlock 18.49 million ID at 8:00 Beijing time on May 22, accounting for 4.29% of the circulation, worth about 14.26 million US dollars;
1inch will unlock 21,430 1INCH at 16:00 Beijing time on May 23, worth about 8,520 US dollars;
Euler will unlock 64,000 EUL at 0:17 Beijing time on May 24, accounting for 0.34% of the circulation, worth about 3.61 10,000 USD;
Acala will unlock 4.66 million ACA at 8:00 am Beijing time on May 25, accounting for 0.48% of the circulation, worth about 507,000 USD.
Yesterday, the 4-hour line of Bitcoin diverged and has braked above the support level of 65,000. There are signs of rebound now. The short-term support mechanism is still there. It can be more today.
Bitcoin is more around 65,700, and the target is 67,000