Breaking through the downward trend line, ready to take off🛫But still waiting for the pin. If this wave does not pull up and then pin, it may really go to 3600, but if it pulls up, it may not be so strong. So, friends, be ready to take the pin😏This wave of stop loss is lowered to prevent it from being inserted too deep and being forked out.
Use the previous strategy, 3760 pin, 3740-3720 range can be covered, 3700 stop loss.
$ETH #5月非农数据即将公布

Tonight is the non-agricultural data, two key points, three data, but in fact, for most friends, it is enough to pay attention to the unemployment rate. The previous value of the unemployment rate was 3.9%, and the market expectation was 3.9%. Then

1. When the final result is higher than 3.9% (such as 4% or higher), then the market interpretation will be positive, because it is directly in line with Powell's statement in the last interest rate meeting that an unemployment rate of more than 4% will reconsider (strengthen) the expectation of interest rate cuts.

2. When the final result is less than 3.9% (such as 3.8% or lower), then the market interpretation will be negative, because it does not meet the observation that the Fed wants to cool down employment, and prolongs the probability of the Fed entering a rate cut cycle.

3. When the final result is equal to 3.9%, although it is in line with expectations, it does not meet market expectations. The market hopes to cut interest rates earlier, but the unchanged unemployment rate will still disappoint more investors, but even if it is disappointing, it will not reach the level of "2".

The other two data are the annual wage rate and the monthly wage rate. The lower the better. However, as long as the non-agricultural unemployment rate is high enough, the impact of wages will be reduced. Of course, there is also the number of jobs, but why I don’t think it is the key number, because the current problem of illegal and legal immigration is too big. It is not ruled out that the employment rate will increase due to immigration. If you look at the employment rate, you also need to look at the labor participation rate, which is too complicated.

After all, for the market, understanding is simple. What the Fed likes is what the market likes. It’s that simple.
#5月非农数据即将公布 #美国4月核心PCE指标显示通胀放缓 #现货以太坊ETF获美SEC批准 #泰国批准首个比特币现货ETF

Canada and the European Central Bank have cut interest rates, is the United States far behind?

The bull has seen red, and we will soon see its power and madness

The current major mainstream narratives are all landing or on the way to landing
The ETFs of BTC and ETH in the United States have been successfully passed, allowing Wall Street to officially enter the game
Hong Kong, Australia, Thailand and other countries have passed ETFs, gradually forming a wave sweeping the world
The halving of BTC has been completed, increasing the imbalance between supply and demand and raising the actual value of Bitcoin
The crises of Binance and FTX have been perfectly resolved, and the mines in Mentougou will also be cleared this year, reducing the risk of encryption
The Canadian and European Central Banks fired the first shot of global interest rate cuts, and the United States expects that market liquidity will increase by the end of the year
The pressure of the US election has begun to affect the government, and it has compromised with encryption for votes and formulated more relaxed laws and policies

Therefore, it is not just that encryption wants to fly, but the macro trend forces encryption to fly
The essence of finance follows a law, if there is more money, it will rise, and if there is less money, it will fall
As long as the wind is strong enough, pigs can be blown away
The secret of wealth growth is nothing more than that you can stand in the right team every time the financial world version is updated
Multi-army assembly...

If you want to know more about the relevant knowledge of the cryptocurrency circle and first-hand cutting-edge information, click on the avatar to follow Caishen. Qunli publishes market analysis and recommends high-quality potential currencies every day.
#现货以太坊ETF获美SEC批准 #MegadropLista #5月非农数据即将公布 #加拿大联储降息 #欧洲央行降息

Pay attention to the US non-farm payrolls at 20:30 on June 7, another opportunity to make money

#5月非农数据即将公布 #bnb历史新高 #

If you don’t have any long orders at the moment, you can enter long orders near 3825, and set the stop loss at 3780. $ETH #5月非农数据即将公布 I have to say that this dog dealer is really disgusting. It has been fluctuating here without pulling up the price. Let’s see tonight and tomorrow night.

How many times have you suffered losses in the cryptocurrency circle?

Who still remembers the Ham Moon Coin developed by the Chinese?

What happened to the Chinese who said they would not cheat the Chinese?

I invested $1,500, expecting it to become $150,000. At the worst, it fell to $0.2. Today, it has increased 10 times.
#币圈防骗指南 #bnb历史新高 #5月非农数据即将公布 #BTC走势分析

Do you have an iron rule for opening a position?

Regardless of spot/contract, there are five iron rules for opening a position:

1. Do not open a position without a breakthrough

2. Do not open a position without a stop loss

3. Do not open a position without position management

4. Do not open a position without a profit target

5. Do not open a position if it is not at a critical position and is still fluctuating

A lot of things happened in June.

Yesterday was the deadline for submitting the FTX restructuring plan, and tomorrow, June 7, the non-agricultural data will be released.

On the 11th, Apple's Global Developers Conference will be held.

On the 12th, CPI data will be released.

On the 27th, the first round of debates in the US presidential election will begin.

Personally, I predict that Trump will be elected as the next US President. Biden is too old. If Trump is elected, it will accelerate the end of the Russian-Ukrainian conflict and will also be a big boon to the crypto community. A president of a country who publicly and strongly supports cryptocurrency and is the US president who is far ahead in all fields today has a greater influence than anyone else's attitude, and may even change the position of the Chinese government. Coupled with the high probability of the Fed's interest rate cut in September and October, the craziest bull market will sweep in, and that will be the time for the brothers in the crypto community to be proud. I hope you guys can hold on and unfollow those bearish bloggers and KOLs. If you are a big cycle guy, you can consider uninstalling the exchange and all the stock market software, and then open your account at the end of the year. You will definitely be surprised.

Caishen has created a high-quality circle. If you are confused about the current market and want to know more about the relevant knowledge and first-hand cutting-edge information of the currency circle, you may click on the avatar to find Caishen and avoid boiling into the skirt. The skirt publishes market analysis every day and recommends high-quality potential currencies.
#现货以太坊ETF获美SEC批准 #5月非农数据即将公布 #泰国批准首个比特币现货ETF #MegadropLista

The insertion may not be over yet. If you can't get the 3760 position, you can try to buy at the current price $ETH #5月非农数据即将公布

Last night, according to my point, your cost should be around 3800. I have said that you should boldly buy more after 4-5 negative lines, and set the stop loss at 3740. Didn’t you hit the stop loss last night? If you can’t even stand this 60-point fluctuation, how big is your position and leverage? I have already bought the pin, and now the cost is 3781, and my cost before was 3800. In the next post, I will talk about why you should boldly buy more, but in the end, it’s the profit that speaks! ! ! $ETH #5月非农数据即将公布 #bnb历史新高

Inventory of 4 unknown trading knowledge in the cryptocurrency circle

1. If you buy 10,000 U of a certain coin when it is 10U, and then buy another 10,000 U when it falls to 5U, the cost at this time is 6.67U, not the imagined 7.5U.
2. If you have 100,000, and leave the market when you make 1% every day, based on 250 trading days per year, your assets in a year can reach 1.3232 million, and you will make 10 million in two years.
3. If the probability of investment success is 60%, and you invest 100 times in a row, and set the stop profit judgment and stop loss to 10%, then the final rate of return is 300%
4. If you enter the market with 10,000 U, and make a profit of 10% each time, you can reach 1 million U on the 49th day, 10 million U on the 73rd day, and more than 100 million U on the 97th day,

If the above is to be achieved in practice, no one among 10,000 people can do it. The fundamental reason is that they can't control their greed. I won't talk about spot, let's talk about contracts today.
For contract trading, you must have your own position management and capital management, and then open a position based on your own tolerance. So, what is position management and what is capital management?
Position management, capital management: If you have 10,000 U of funds, many novice players or some old leeks use 20%-30% of the principal as the basic position.
At that time, whether it is profit or loss, it will have a very big impact on your mentality, thus affecting the final outcome.
My personal opening habit is to use 2%-5% of the principal as the basic position, with a leverage of 20 times. Those who use 100 times or even 125 times leverage at every turn are tantamount to seeking death.
Whether it is futures or stocks, or contracts in the currency circle, spot is a game of human nature. Leverage is to magnify one's own greed. Everyone has his own greed. If you magnify greed infinitely, you will eventually be swallowed by your own greed.
So trading must be done with your own capital management and position management, which is the foundation of long-term profit.
By the way, I started to pay attention to the PEOPLE coin last year. It was basically at the bottom at that time. I remember that if I bought it at that time, it was almost ten times higher than the current market price. It took more than half a year. I personally think that the current price of this kind of altcoin will definitely not be maintained for a long time. After all, this coin currently has no practical application scenarios.Speaking of actual application scenarios,
What is very interesting about this bull market is that no matter how luxurious your star lineup is or how strong your technology is, it is not as real as the price increase. Most people are concerned about prices. When it comes to application scenarios, the lessons of EOS in the past are still vivid.
Quoting Sun Yuchen, the dark lamp in the currency circle, value investment is nothing, and all-in MEME lives in the palace. This sentence is a good reflection.
So in this bull market, mainstream chips such as BTC and ETH must be available, and part of the funds can be invested in the MEME sector. After all, there are still many myths of wealth creation in the currency circle in this bull market.

Caishen has created a high-quality circle. If you are confused about the current market and want to know more about the relevant knowledge and first-hand cutting-edge information of the currency circle, you may as well click on the avatar to find Caishen and avoid boiling into the skirt. The skirt publishes market analysis every day and recommends high-quality potential currencies.
#币圈资讯 #MegadropLista #BTC走势分析 #5月非农数据即将公布

Deep thinking behind the surge of NOT

In the ever-changing world of cryptocurrency, NOT contract is like a dark horse, with its trading volume approaching that of Ethereum, which is remarkable. This is not just a simple digital game, but also the crystallization of community power and wisdom. There are many factors behind the rise of NOT that deserve our deep consideration.

NOT's success is inseparable from its huge community support. Imagine that with seven million Telegram subscribers, there are countless enthusiastic and like-minded investors and enthusiasts behind it. They work together for the growth of NOT and witness its rise together. What is even more admirable is that 78% of the supply is held by community miners. This principle of fair launch not only demonstrates NOT's respect for community members, but also inspires their greater enthusiasm for participation.

The rise of NOT shows us the power of retail investors. In this decentralized world, retail investors are no longer passive recipients, but participants who can actively speak, choose, and participate. Their power together can drive a project from obscurity to glory.

NOT was originally just a small game on the TON chain, but it achieved an astonishing increase in a short period of time, injecting new vitality into the market. This makes us realize that in the cryptocurrency market, opportunities are always reserved for those who are prepared. Only those who dare to try, innovate and take risks can seize these fleeting opportunities.

But this round of bull market is different from the past. The performance of some value coins is not satisfactory, and even some meme coins are not as good as expected. This makes us start to think about how to choose the target when investing? Is it to pursue value or to pursue growth? I think the two are not contradictory. When investing, we need to consider multiple factors such as the value of the project, the ability of the team, and the potential of the market to make wise decisions.

In my opinion, it is also a good choice to invest part of the funds in meme coins. Although the value of meme coins fluctuates greatly, their growth is often very considerable when market sentiment is high. Of course, this does not mean that we should invest all our funds in meme coins, but to make reasonable allocations based on our risk tolerance and investment goals.

Finally, I want to say that the cryptocurrency market is a field full of opportunities and challenges. In this market, we need to continue to learn, think and practice in order to continue to grow and succeed. The rise of NOT is just the beginning, and there will be more opportunities waiting for us to discover and grasp in the future. Let us work together to create our own glory in this field full of opportunities!

Caishen has created a high-quality circle. If you want to know more about the relevant knowledge of the currency circle and first-hand cutting-edge information, click on the avatar to follow Caishen. Qunli publishes market analysis every day and recommends high-quality potential currencies.
#NOT🔥🔥🔥 #5月非农数据即将公布 #现货以太坊ETF获美SEC批准

Recently I saw many people singing about a big correction, such as BTC to 50,000, ETH to 3,000, etc. I believe that a month ago, when BTC was at 58,000 and ETH was at 2,880, those who sang about BTC to 40,000 and ETH to 2,000 were the same group of people😅
You just keep shorting and wait and see, and when it falls to that position, you can buy in🤣Thank you!
$BTC $ETH #5月非农数据即将公布 #现货以太坊ETF获美SEC批准

Why are the people who say it is difficult to make money in the cryptocurrency circle all ordinary people?

Because ordinary people have too many pitfalls when they come to the cryptocurrency circle
You are a newcomer who has just entered the circle, and too many "good people" send you private messages to take you to play.
Novices are the most popular with scammers, because they have many questions, and only scammers will answer them so patiently. Scammers have the greatest tolerance for them, because they stare at their wallets right from the start
Some directly take you to play with local dogs, and tell you that there is a certain coin. Most of these are self-issued Pixiu disks, which have formed a set of coin issuance production lines
In addition, you may see which teacher shows the contract income, and you see others showing several times or dozens of times the income of a single order, and you are tempted and want to do contracts.
Congratulations, at least you have to pay a large tuition fee in the contract.
Some scammers do paid contract groups. If you ask, he will say that you can join the group for 2000U a month, or 500U a month. Some may also say one year
The one-year type is definitely a novice who has never played it before, because no one will stay in the contract group for a year, and they will definitely lose all their money by then.
In addition, the group is free, but you must use his invitation code to register an account, and you must have trading funds, and they will verify the funds. Then they will show you as much as they can, and then you can't help but recharge and trade. Then your transaction fees will be rebated.
This kind of profit is your transaction fee. If it is more unscrupulous, they will even take you to a small exchange to eat the loss of customers.
I saw an article before that it takes at least 3 cycles for an ordinary person to make money by exploring on his own.
In the first cycle, you read all kinds of myths of getting rich quickly, entered the market with confidence, and those with high risk tolerance even borrowed money. But in the end, you basically can't keep your wealth, and are taken away by various routines and pits.
In the second cycle, you learned the lessons of the previous cycle this time, learned basic operations, understood K-line, volume and price, understood the basic cycle rules, and learned to split warehouses.
The bull market is here, and you watch the currency price soaring along with the market sentiment, and you feel extremely excited. Your position begins to double, and you taste the sweetness of making money. You think it will continue because the market sentiment is still very optimistic.But the bear market came unexpectedly, and you haven't learned to sell yet, so you are likely to follow the market on a roller coaster ride.
Only in the third cycle can you learn to make money in this market
These three cycles are difficult to violate, unless you can follow experienced people, but this is difficult
Because I know that many friends have been in the currency circle for many years like me, but it is difficult to find people who really move forward together. This is determined by our industry. You talk to others in real life, and others will not understand at all; I know a lot of people in the circle online, but many people have their own little thoughts, and I have stepped on too many pits behind them
I am the God of Wealth, an old leek who sincerely wishes you wealth. If you want to dig deep in the currency circle and can't find a clue, you want to get started quickly, please click on the avatar to follow the God of Wealth
My understanding is that the more people I help, the more people will benefit from me, and the more people will be able to help me in the future
#BTC走势分析 #MegadropLista #现货以太坊ETF获美SEC批准 #5月非农数据即将公布

Today's analysis, rational investment
(Look for the PC team's first release)
Follow daily sharing
Beware of being deceived
#第55期新币挖矿IO #bnb历史新高 #5月非农数据即将公布

Investing requires a step ahead.

2024.6.3:
According to CoinDesk, Australia's Monochrome Asset Management's Monochrome Bitcoin (BTC) exchange-traded fund (ETF) (IBTC) will begin trading on the Cboe Australia exchange on Tuesday. The product is Australia's first and only ETF that directly holds Bitcoin. Monochrome Asset Management applied in April. Australia currently has two exchange-traded products that provide spot crypto asset exposure on Cboe Australia, but they do not directly hold Bitcoin.

Account status: Total capital of 560,000 (including dividends), breaking a short-term high. Principal 150,000, yield 300%. The total equity of the contract account is 505,000, and the total position is 564,000.

Recent transactions: uni, blz, mtl, not.

Risk warning: Leverage is not a devil, but a tool to improve capital utilization. Leverage itself has no risk, and the real risk comes from human nature.

#MegadropLista #5月非农数据即将公布 #现货以太坊ETF获美SEC批准 #BTC走势分析 #新币挖矿

Is there really anyone who has become rich overnight by buying altcoins?

In the bull market, to be honest, there are many people who have become rich overnight by buying altcoins. What I mean by getting rich overnight is to make millions or tens of millions of dollars from 100,000 to 500,000 yuan.

It can be seen that getting rich overnight is conditional. In terms of capital, no matter how good the bull market is, the average increase is 10-30 times, and the increase of 100 times is too rare and can be ignored. So let's calculate it according to the highest value of 30 times. I think this result is very good. Everyone should have no objection. So to get rich, at least 100,000 to 500,000 yuan of funds must be purchased. Only when the profit reaches 3 million to 15 million yuan can it be considered rich.

So here we can know that the conditions for buying altcoins to get rich overnight in the usual sense generally require a principal of more than 100,000 yuan and a profit of about 30 times. But here I want to say that people who like to buy altcoins like to take risks, and the huge profits from taking risks will make them like taking risks even more. It is impossible for them to make 5 million or 20 million yuan and then put the money in the bank to buy financial management. I think no one would object to what I said.

This is the identity of human nature. You cannot change your nature to a stable one in a bull market.

Since adventure is your nature, you should follow at least 5 out of 10 of all the adventurers in the market.

Caishen has created a high-quality circle. If you want to know more about the relevant knowledge and first-hand cutting-edge information of the currency circle, click on the avatar to find Caishen and enter the circle. The circle publishes market analysis every day and recommends high-quality potential currencies.
#现货以太坊ETF获美SEC批准 #5月非农数据即将公布 #山寨季何时到来？ #山寨币热点

Is it really profitable to speculate in cryptocurrencies?

From a fan submission:
I have made about 4 million yuan with a principal of 50,000 yuan. I have never worked since I graduated from college.
I have been playing in Kunming and Dali, not buying a house or a car. I spend 1,500 yuan a month.
How do I make money:
1. With a principal of 50,000 yuan, I worked on projects in college, Taobao customers, shua orders, express delivery, APP charging, and various small tasks, saving 50,000 yuan.
2. Entering the cryptocurrency circle, I think BTC is too expensive, so I have been playing with ETH, which has leverage, and then there are counterfeit spot. Choose a coin and do a good job of position management. Just keep executing with simple ideas. If the market is not good, you will lose a little, and if the market comes, you will make a lot of money.
Why enter the circle.
If you want to change your destiny, you must try the cryptocurrency circle. If you can't make a fortune in this circle, ordinary people will have no chance in this life.
Let me explain the logic below.
Investing and making money depends on two things:
One is the amount of funds. If you have 1,500 yuan, then earning 50% will be 5 million yuan. And it is not very difficult. It is very easy to make 50% in one to two years by buying a few ETF index funds under the A3000.
The second is volatility. When you don’t have a lot of funds, you can only make money by volatility. The volatility of the currency circle is still large, although it cannot be compared with the past.
You should know that the most you lose when it falls is , and the rise may be 10 times or 20 times. So for ordinary people, you need to buy spot, be patient, and don’t be afraid when it rises.
Many people have not experienced the mood of a coin rising by two times, looking at the price 50 times a day, holding it tightly when losing, and not holding it at all when making money.

It is difficult to make a fortune in currency speculation. What is the difficulty? Desire? Patience? Goal?
This circle gives you such a good volatility, which is the most friendly market for you, because you don’t have a lot of funds.
It is difficult to make a fortune because you need to control your desires, have a firm goal, and have extreme patience.
Spot method, making money is still possible.
Doing simple things repeatedly is not only applicable to currency speculation, but also to all aspects of life.
Everyone knows that exercise can make you healthier, but there are really too few people who insist on exercising every day.
The same is true for investment. The truth is simple, but it is difficult to do it. Many things are easier said than done. You need to be prepared at all times to make a fortune, but once luck strikes, you will take off.

Caishen has created a high-quality circle. If you are confused about the current market and want to learn more about the relevant knowledge and first-hand cutting-edge information of the currency circle, you may click on the avatar to find Caishen and avoid boiling into the skirt. The skirt publishes market analysis every day and recommends high-quality potential currencies.
#5月非农数据即将公布 #炒币 #ETH🔥🔥🔥🔥🔥🔥 #BTC☀

The $PIXEL PROTAL $COTI mentioned in the past two days are all on the list of gainers, except for BB which has not moved yet. It doesn’t matter. If $BB continues to fall, just keep adding. Don’t be afraid! #5月非农数据即将公布 #山寨季何时到来？ #现货以太坊ETF获美SEC批准

A new week has begun.
Last week we waited for the PCE data,
and this week we have to wait for the non-farm data to be released on Friday.
Before the release of major economic data, big funds will not act rashly.
So we see that BTC is currently trading sideways and falling slightly,
and last night it plunged downward in panic.
From the on-chain data, it is bearish
(1) Stablecoins have been flowing out of exchanges for 7 consecutive days, close to the value of May 14, and funds on the exchange are withdrawing
(2) From yesterday to today, more than 3,000 BTC have flowed into exchanges
In terms of the international situation, Israel and Hamas have begun to negotiate peace, which is good news.
But Europe and the United States have authorized Ukraine to use military aid to attack Russia's homeland, which is bearish.
From a big cycle perspective, we are currently on the eve of the Fed's interest rate cut cycle.
The day after tomorrow is beautiful, but tomorrow is cruel, and many people will fall tomorrow.
This includes abnormal economic data, the Mentougou incident, war conflicts, etc.
Value coins should be held patiently.
Caishen has created a high-quality circle. If you want to know more about the relevant knowledge of the currency circle and first-hand cutting-edge information, click on the avatar to follow Caishen. Caishen publishes market analysis and recommends high-quality potential currencies every day.
#BTC走势分析 #5月非农数据即将公布 #美国4月核心PCE指标显示通胀放缓

Why do people who make a lot of money by speculating in cryptocurrencies generally have low social status? Why do people who succeed in speculating in cryptocurrencies generally keep a low profile, either actively or passively?

Reason 1: People who make a lot of money by speculating in cryptocurrencies are generally more careful, and the more careful people are, the more cautious they tend to be. Cautious people are generally more low-key.

Reason 2: People who make a lot of money by speculating in cryptocurrencies generally only care about the market and have little interest in other things in life. Therefore, it is difficult to make many friends in terms of hobbies. For example, those who love photography, singing, running, and playing ball can make many friends. However, people who are good at speculating in cryptocurrencies often spend a lot of time on technical research every day. Therefore, they have a narrow social circle and lack friends with broad interests.

Even if there are a few friends, most of them are leeks. But once the leeks have different levels, different operating habits, and different trading models, it is almost difficult to communicate in depth. Therefore, it is actually difficult for leeks to make friends widely. This leads to the fact that people who speculate in cryptocurrencies are generally more lonely and have a narrow circle of friends. As we all know, there is no need to show off in a group of strangers. Therefore, people who make a lot of money by speculating in cryptocurrencies are generally more low-key.

Reason three: Generally speaking, people who do industry and business and have a net worth of tens of millions must know a few "big brothers" in the underworld and the white world. The reason is very simple. In today's business environment, if you don't make friends with a few "big brothers" in the underworld and the white world, you would have been swallowed up by others. How can you be so big?

However, even if a person who speculates in cryptocurrencies makes hundreds of millions, it is estimated that there will not be a few people in the underworld and the white world in his circle of friends. In fact, the richer they become by speculating in cryptocurrencies, the more they tend to stay away from those people to reduce the possibility of being "motivated by money".

Therefore, even if they speculate in cryptocurrencies for hundreds of millions, because there is "no one behind them" and no backing, there is no other way to solve problems except relying on money. Although money can solve many problems, it is much less powerful than the "iron relationship" formed through long-term power-for-money transactions. You also have to be on guard against the person who helps you solve the problem finding out that you are rich and blackmailing you for money.For example, if you ask the underworld to fight your enemies, or ask officials to help you, they will find that you are rich but lack defense, and they will definitely attack you sooner or later. You ask them to solve your temporary troubles, but they may become your troubles in the long run. What can you do?

Therefore, people who make a lot of money by speculating in cryptocurrencies generally have to keep a low profile.

In general. Being low-key is sometimes a proactive act due to personality factors, but more often it is a retreat that has to be done to avoid being remembered.

And those who succeed in speculating in cryptocurrencies are actually the most capable financial elites in our society. When the financial elites of a society are in such a weak position, this shows that: 1. This society is a power-centered society, and finance is just a vassal of power. 2. In the minds of most people, those who make money in the cryptocurrency circle are not treated as investors, but as lucky gamblers. This also shows that in the minds of most people, the cryptocurrency market is closer to a casino than an investment field.
#5月非农数据即将公布 #BTC走势分析 #bnb历史新高 #MegadropLista