比特币总裁

Red Bull is also here to ride the hype of “getting on the bull’s buzz”—they made a Red Bull, and it’s hilarious 🤣🤣

Guys, who understands the feeling of missing out? $BTC

The Thai SEC has, as of August 24, advanced the framework for spot Bitcoin and Ethereum ETFs to the draft stage and publicly solicited feedback. This process is pretty much the same as back when the U.S. did it. That indicates it will definitely be approved later. Once it happens, it will attract another wave of new capital into the market.

Two days ago, we analyzed that when Bitcoin rebounds above 80,000, don’t chase the rally. Still, be careful—it may surge and then pull back. Today it surged to 81,000 and then fell. It has now pulled back by nearly 2,000 points. The overall trend matches the analysis pretty much.

比特币总裁

Has the bull market returned? Is Bitcoin reversing or rebounding?

Niu Lai has completely burst into mainstream popularity— even KFC is riding its heat. I guess even the director didn’t expect it. A movie with 5-yuan special effects actually became the hottest film of this summer because it’s so bad. The discussion volume is totally on par with "The Kung Fu Women’s Football Team".

Verified

Last week, BitMine bought an additional 32,447 ETH, worth approximately $81 million. Currently, BitMine holds a total of 5,847,611 ETH, valued at $14.63 billion, accounting for 4.8% of Ethereum’s circulating supply.

Tom Lee predicts that, in the long run, ETH will rise to $62,000. Whether I’ll be able to see it in my lifetime—who knows?

In one month, the fear index jumped from single digits to 74. The market moved from extreme fear to greed. This Bitcoin rally has indeed been strong.

The fear index still has some value as a reference—whenever it drops to single digits, it basically means the market is bottoming out. If we can see a fear index in single digits again this year, you know what that means.

The micro-strategy’s dollar reserves have already increased to $5.1 billion, enough to cover several years of dividends—so now it has no reason to sell Bitcoin, right?

60,000 yuan’s worth of Bitcoin went unnoticed; everyone was watching and waiting, waiting for 40,000
Now Bitcoin is at 80,000 yuan—everyone is starting to shout “bull market is back,” and rushing in
Sure enough, you get what you pay for: the more expensive it gets, the more people love to buy

Bitcoin’s performance this month has been truly impressive—its monthly increase is 25%, rivaling the kind of showing you see during bull markets. It has directly put an end to Bitcoin’s grim streak of four consecutive years of declines in August.

The bull market has started to harvest, and it has already fallen for 3 straight days. From its peak, it’s dropped more than 50% in spot prices. It’s been cut straight in half—now they’re saying it’s the time for the bull to leave.

牛来Alpha+19.05%

Yesterday’s analysis: for a short-term Bitcoin rebound, watch the 80,000 mark. If you have Bitcoin spot or long positions, when price approaches 80,000 you can take profit and sell in batches. Don’t chase the breakout when it nears 80,000. Tonight, BTC surged to over 79,300 and then dropped. It’s already down more than 1,000 points; the overall move is basically consistent with the analysis.

比特币总裁

Has the bull market returned? Is Bitcoin reversing or rebounding?

Today a colossal whale bought $145 million worth of Ethereum—no wonder Ethereum has been rising so hard. It’s still better when it’s going up; it attracts more capital to come in.

Recently silver has been a bit disappointing. When it was at its peak before, its market value already surged to number 2, second only to gold. Now it’s fallen to number 5. After over 100 was put in, it probably won’t take long to get trapped. #白银

XAG+0.10%

A giant whale has held Bitcoin for 15 years. Today, it has sold all its remaining 127 BTC, worth $10 million. What a pity—if it had held for another 3 years, at least it could have doubled again. This whale is probably going to regret it.

UBTECH has released a new sex robot again. Priced at 120,000 yuan, it can recognize 20 human emotions. So far, more than 13,000 people have already placed reservations.

It looks so much like a real person. If you don’t look at her lower body, can you tell that it’s a robot?

Has the bull market returned? Is Bitcoin reversing or rebounding?

Recently gold has surged sharply, but silver’s rebound has been rather weak. From a weekly chart perspective, after silver’s candlesticks broke below the MA60, it began a V-shaped recovery; however, given that typical V-shaped moves usually don’t flip straight into an upside reversal, there’s a high chance of a second pullback. After consolidating and building up momentum through the adjustment, it may then attempt to break through 80 or even higher. Therefore, if it later shows a second pullback and the decline can reach around 55 or below, you can buy spot in batches: #白银

XAG+0.10%

CZ said that the United States has become a very crypto-friendly country.

He said: The next step for the United States is to bring more exchanges, DeFi protocols, and global cryptocurrency liquidity in, so that it becomes the capital of cryptocurrency.

The old American establishment has big ambitions in cryptocurrencies, because this stuff makes money quickly. The man who knows it all earned a lot from it and tasted success.