Yellen's speech yesterday revealed at least two key points. One is that the current US economy is still good and there is a possibility of a soft landing. The second is that although the labor market is currently stable, it is still relatively fragile and the Federal Reserve needs to continue to cut interest rates to prevent the labor market from collapsing.
Both of these messages send relatively friendly signals to the outside world!
After the Fed cut interest rates, hot money from the entire financial market is gradually flowing into cryptocurrencies
Keep paying attention and things will continue to improve!
For Bitcoin, just hold on to it and don’t let go. Suggestion: don’t touch futures contracts
The market in the future will be very violent, and there will inevitably be a big wash and pin market.
If the contract goes to zero, it is really zero. If you make money from spot trading slowly and steadily, at least you can have some soup to drink~
Today's market analysis, from the K-line, BTC market is sideways at the one-hour level (it is likely to fall). The 4-hour and 12-hour levels are rising, and the daily level is also rising (for several consecutive days, it was believed that the daily level would fall, but it just did not fall below, there is something strange in it), the intraday pressure level is 66400, and the support level is 63300 US dollars.
CZ will be released in advance today. Pay attention to BNB and other Binance projects, hook, cake, bnb, etc.
HMSTR, has anyone come across it?
HMSTR was launched yesterday, and the opening price was about 0.012. The current price is about 0.0068, which is consistent with what Xianxian said in his article yesterday. It has fallen a lot now. The project owner has eaten up most of the retail investors' coins, and they are selling them by selling them. It is really difficult to get back to the opening price. The leeks who took over this garbage coin are going to be in trouble. Xianxian still said that he would not consider secondary buying before the airdrop is clean. Add V1: MM01020926
The 24-year bull market has begun, just waiting for the big positive line to break through. If it closes at 69,000 US dollars, this wave will be stable!
This wave of AI and meme coins started first. WLD, ArkM, and FET all pulled up the market strongly. We must pay attention to this wave of meme coins. There will be a second wave after the first wave. The meme coins of the SOL ecosystem include WIF, BOME, SLERF, as well as the old meme coins, DOGE and SHIB, PEPE and TURBO of the ETH ecosystem.
The trend order must be held, don't get off easily, the bull market is coming, the correction continues or the new high is finally coming in October. At that time, there will be various new ways of playing or new memes, including AI, RWA, DePin, etc., which will be sought after by the market again, and everyone should pay attention to it.
The plates will rotate
This wave is the meme sector, so what sector will be the next wave?
Xianxian personally thinks it will be the inscription. At the same time, SATS has reached a critical position. The pressure line of the oscillation range in the past six months has encountered a correction in the short term, but the selling pressure has been basically digested. Once it breaks through, it will directly start the accelerated rise in the market, and long orders will continue to be held~
In this environment, you must remember not to get carried away and stop profit in time!
At this time, it is actually a more conflicted time. There is profit but not much, market sentiment is gradually becoming Fomo-oriented, and there is also concern about profit-taking during a pullback. Here I want to say that those who were previously trapped should continue to hold on, and those who have made more than 30-50% profit from bottom fishing recently can consider exiting first. Just follow the market and there is no need to worry too much!
I don’t play contracts much, and all discussions do not constitute any opinions on contract transactions.
As for spot, actually, at this time, it is not very meaningful to discuss the rise and fall of spot. What should be discussed is the industry narrative, and finding a potential track or even a dark horse is the key.
Finally, another high-quality password is released: BSW
The daily level is about to break through, and the BNB chain is also revitalized by the return of CZ. The official Twitter has been updated frequently recently, suggesting that there will be big moves soon! The target is 30%-40%
