Cryptocurrency is a bubble game, it will explode sooner or later💥
Binance News
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USDC Treasury burned 55 million USDC on the Ethereum chain
According to PANews, Whale Alert monitoring shows that at 15:28 on July 25, Eastern Time, USDC Treasury burned 55,000,025 USDC on the Ethereum chain, worth approximately 54,986,842 USD.
37,000 BTC options are expiring, with a maximum pain point at $108,000, and market sentiment is improving.
According to reports from Wu Shuo, Wu Shuo has learned from Greekslive that 37,000 BTC options are expiring, with a Put Call Ratio of 1.05, maximum pain point at $108,000, and a nominal value of $4.3 billion.
240,000 ETH options are expiring, with a Put Call Ratio of 1.11, maximum pain point at $2,600, and a nominal value of $710 million. Bitcoin has reached a new all-time high, and Ethereum briefly recovered the critical $3,000 level, improving market sentiment.
The options market has not yet experienced FOMO, and institutional investors remain very calm.
Bitcoin will drop below $200 this year, now is your last chance to exit with spot trading, short it and it's done, the first target is below 500, the second target is below 450$BCH
The top of the cycle #MichaelSaylor暗示增持BTC has formed, another wave of breaking 10 is coming, there is no low position, how can they increase their holdings?
Land is the most perfect currency, there has been none so far.
阿斗在这里
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Bagua, co-investor of Pop Mart, Mai Gang, discussing Bitcoin in 2013. In an interview in 2021, Mai Gang said: In 2013, I was kicked out of the WeChat groups of two mainstream VC circles for discussing Bitcoin. The members of the groups were all well-educated, and I thought my way of teaching was very professional, but some still thought I was selling something. At that time, I felt very lost, as social animals, everyone hopes to gain recognition 😁
#X平台封号 rebound target 109 seen. Currently, various factors such as geopolitical conflicts and political instability in the United States have led to a lack of bullish funds in the market. Bitcoin is close to breaking 10; a low-leverage high short position can be held weekly, and the weekly may break 10 next 🤓
After six months of honing, the essence of cryptocurrency trading can be summarized with the word 'wait'. The key points are as follows:
- Wait for trend formation: Do not enter the market blindly; wait for the market trend to become clear. - Wait for pullbacks: After an increase, patiently wait for the price to retreat and adjust. - Wait for support confirmation: Observe whether the key support levels are solid during the pullback. - Wait for the right time to enter: When support is confirmed, seize the appropriate entry point. - Wait for a high to take profits: After holding positions, wait for the price to rise and take profits at the right time; this applies to both long and short positions.
The above is not suitable for ultra-short-term trading, mainly focusing on weekly or monthly units.
Core logic: By 'waiting', avoid risks, seize trend opportunities, and simplify complexities.