“Recently the knockoff market is moving again! Many people think the broader market is about to start up?
No No No! The technical gap in the broader market hasn’t been filled yet, and the bulls haven’t truly been cleared. What’s happening now is basically a trap pull-up. Also, it’s mostly those little-overlooked knockoff coins that are moving. The meme leaders like $PEPE and $DOGE haven’t even budged. The broader market is expected to still drop about another 25%.
$BTC If it goes to 50,000, then the knockoffs that look “low” right now could actually go even lower. Someone asked if there’s still a chance for knockoffs—I think there will be a wave before Chinese New Year, mainly concentrated from October to December. Back then, Bitcoin will move first, and the older-established knockoff coins will follow.
Why does it rise after October? From August to September, they first need to fill the technical gap at 49k. Next, in September it will most likely add another 25 basis points in rate hikes. This week’s CPI on Wednesday is likely to be bearish, and the previous Non-Farm Payroll data was also questionable. Once the September bearish news clears and the gap is filled, that’s when it can enter a rebound phase. Another very key point: Trump has midterm elections in November. Before then, there will almost certainly be some favorable measures to boost his election chances, and bills related to the stock market and Bitcoin could potentially be pushed forward around that time.
Don’t trade based on headlines—look at price itself. Even though the broader market is slightly sluggish right now, there are opportunities to earn u every day. Be patient, wait for the right moment, join the chatroom, and follow the trade entry levels.”
#Shein最早下周启动香港IPO招股
No No No! The technical gap in the broader market hasn’t been filled yet, and the bulls haven’t truly been cleared. What’s happening now is basically a trap pull-up. Also, it’s mostly those little-overlooked knockoff coins that are moving. The meme leaders like $PEPE and $DOGE haven’t even budged. The broader market is expected to still drop about another 25%.
$BTC If it goes to 50,000, then the knockoffs that look “low” right now could actually go even lower. Someone asked if there’s still a chance for knockoffs—I think there will be a wave before Chinese New Year, mainly concentrated from October to December. Back then, Bitcoin will move first, and the older-established knockoff coins will follow.
Why does it rise after October? From August to September, they first need to fill the technical gap at 49k. Next, in September it will most likely add another 25 basis points in rate hikes. This week’s CPI on Wednesday is likely to be bearish, and the previous Non-Farm Payroll data was also questionable. Once the September bearish news clears and the gap is filled, that’s when it can enter a rebound phase. Another very key point: Trump has midterm elections in November. Before then, there will almost certainly be some favorable measures to boost his election chances, and bills related to the stock market and Bitcoin could potentially be pushed forward around that time.
Don’t trade based on headlines—look at price itself. Even though the broader market is slightly sluggish right now, there are opportunities to earn u every day. Be patient, wait for the right moment, join the chatroom, and follow the trade entry levels.”
#Shein最早下周启动香港IPO招股