This weekend, we talked about the trend of renaming coins or tokens on the Binance exchange. After #Front changed its brand, the price dropped sharply, leading to $SLF currently still languishing at the bottom of its historical price. However, the story of $LUMIA is completely opposite. It was originally named #ORN and after rebranding and listing back on the Binance exchange, the price of Lumia increased by more than 50%. Previously, we also saw #MaticOpportunity when it changed to $POL , it has been slow so far and the price has been flat for nearly a month since it was renamed. According to recent news we know that soon #Fantom #FTM and even KLAY plans to rename their cryptocurrency. It seems that after a long period of recording low trading volume, rebranding has become a reluctant solution for some development teams in the cryptocurrency market
After touring the square and checking external news, I couldn't find any reason for the drop of 10,000 points at six in the morning, without exception, the simplest reason is that the market maker liquidated the long positions, Since this kind of spike occurs, a second one may appear, and perhaps more such spikes will follow, so when trading, always set a stop loss, if you don't set take profit and stop loss, waking up could be a disappointment, The liquidation in a bull market can really be scarier than in a bear market, What people often say on social media about price fluctuations being terrifying is true 😂
In the next few days, Lao Xu will guide fans to stealthily invest in some very promising assets to hold until the end of the year, doubling is quite simple, Comment 666 to get on board!!!
Bitcoin Price History: 1. 2009: Birth, almost worthless. 2. 2010: Started trading, price began at a few cents. 3. 2011: First reached 1 dollar, fell back to around 2 dollars by the end of the year. 4. 2012: Experienced the first halving, end of year price around 13 dollars. 5. 2013: Price surged, ending the year close to 1000 dollars. 6. 2014-2015: Entered a bear market, price dropped to around 200 dollars. 7. 2016: Price rebounded, ending the year close to 1000 dollars. 8. 2017: Price skyrocketed, ending the year close to 20000 dollars. 9. 2018: Price declined, ending the year at around 3700 dollars. 10. 2019: Price fluctuated, ending the year at around 7200 dollars. 11. 2020: Price rose again, ending the year close to 30000 dollars. 12. 2021: Price continued to climb, peaking near 70000 dollars. 13. 2022: Price fluctuated, ending the year below 20000 dollars. 14. 2023: Price relatively stable, ending the year at around 42000 dollars. 15. 2024: Price fluctuated at the beginning of the year and then rose, reaching a new high of 73608 dollars in March. Broke through 103000 dollars on December 5. Send a red envelope to commemorate, leave a message in the comments 'Go Bitcoin' to receive a lucky BNB red envelope, let’s get excited! After 3 PM today, I will also share a wealth code that will pump the market, remember to come back and check. $BTC #红包
#goat The five-wave analysis method does not deceive me, goat has won again and again! Yesterday, Mr. Goat called it twice, and even if you were a little slow to react, if you kept up with Brother Lie's pace, you would have made quite a bit! It's a shame to miss such a straightforward question structure for the main rising wave! So yesterday afternoon, Brother Lie provided the first take profit at 0.7950 and the second take profit at 0.8326 to everyone, and both were reached by the evening, which is wonderful! Currently, goat continues to move towards the upper resistance level, pay attention to the next resistance at 0.8979! In the early morning, the market retraced significantly, giving you an opportunity to get on board; we continued to enter the market this morning, still enjoying the gains 🥩!
#goat The five-wave analysis method does not deceive me, goat has won again and again! Yesterday, Mr. Goat called it twice, and even if you were a little slow to react, if you kept up with Brother Lie's pace, you would have made quite a bit! It's a shame to miss such a straightforward question structure for the main rising wave! So yesterday afternoon, Brother Lie provided the first take profit at 0.7950 and the second take profit at 0.8326 to everyone, and both were reached by the evening, which is wonderful! Currently, goat continues to move towards the upper resistance level, pay attention to the next resistance at 0.8979! In the early morning, the market retraced significantly, giving you an opportunity to get on board; we continued to enter the market this morning, still enjoying the gains 🥩!
BTC Dips Below $100K: The Truth Behind the $90K Dump 💥🚨
Bitcoin recently faced a sharp correction, dropping to $90,500 after a failed attempt to hold above the psychological $100,000 mark. The sudden dump has sent shockwaves across the crypto market, leaving traders asking "Why?" 🤔 Here’s a breakdown of the factors behind this dramatic move:
Key Reasons for the Dump
1️⃣ Psychological Resistance at $100K:
$100,000 acts as a critical psychological level. Heavy selling pressure emerged as traders rushed to book profits, fearing a reversal from the milestone.
2️⃣ Liquidation Cascade 💧📉:
High leverage positions in the futures market were liquidated as Bitcoin couldn’t maintain momentum. This created a domino effect, pushing the price further down to $90,500.
3️⃣ Liquidity Grab 🏦💡:
Market makers often target liquidity zones. The $90,000 dip may have been a strategic move to grab liquidity below support levels, allowing for future upside potential.
What’s Next for BTC? 🚀📊
Support Zone: Bitcoin bounced back near the $95,000 level, suggesting strong buyer interest.
Indicators to Watch:
Bollinger Bands: Price is nearing oversold levels, indicating a potential reversal.
MACD: Momentum is shifting, but recovery signals are still weak.
Pro Tip for Traders 💡📈
Stay vigilant in volatile markets! Use stop-loss orders and maintain proper risk management strategies to avoid getting caught in sudden liquidation traps.
💬 What are your thoughts on BTC’s next move? Share your predictions below!
🐋💸 Bitcoin's dominance recovers to 57% as BTC approaches $104,000
$BTC has recovered and surpassed USD 100,000 for the first time in history.
A measure of how much of the total cryptocurrency market value belongs to BTC surged when the asset reached a historic six-figure high on December 5, and most altcoins failed to match its gains.
☝️ "Bitcoin is the best-performing asset of the last 12 years, and it is still in its early days."
🔮 Social sentiment has also increased: Google Trends reported that December 5 saw the largest spike in Bitcoin searches in the last week.
We are in a historic year 2024; too many important things have happened in the blockchain world! Remember this year and month in your 📅 calendars.
Last night, a direct appointment by Trump forced Bitcoin, which was already expected to fall, to break through the 100,000 mark 📉📉 However, as I have mentioned, price surges driven by news are often unsustainable. After a significant rise due to news, a violent drop is inevitable; this is basic trading knowledge. When Bitcoin broke 100,000 yesterday, many asked me to provide long positions, but I said I wouldn’t give long positions tonight. We must wait until Bitcoin stabilizes at 10 before considering any long positions tonight. Now you understand my deeper meaning, right? The more the market experiences FOMO, the more we should be cautious ☝️ $BTC
The ups and downs of the coin market – Life insights
In the turbulent ocean of the coin circle, witnessing the price running wildly like a horse running out of reins, the violent fluctuations of thousands or even tens of thousands of points in a day are like a vivid portrayal of the impermanence of life. "A needle pierces 8,000 points? A fluctuation of more than 10,000 points a day? Don't be too ugly!" This is not only an exclamation of the madness of the market, but also a vent for the sudden changes and challenges in life.
Although the price tries hard to test up and down but can hardly regain the lost ground, the shrinking volume of short positions and the circuitous changes of the moving average seem to see the figure struggling in the predicament of life. The continuation of the weakness of the small cycle pattern and the market entering the shock repair period are like the self-adjustment and dormancy after setbacks in life.
However, just as we look forward to the opportunity to pull up and make arrangements in advance in the coin market because we know the possible impact of the closing of the US stock market, in the journey of life, no matter what difficulties and obstacles we face, we should have hope and keen insight into every potential opportunity in life. When you are at the lowest point in your life, you should not be discouraged, but just like you decisively go long in the cryptocurrency circle, you should bravely take action and go all out to reach the expected "goal". Whether it is a grand goal like a big pie, or a relatively small but equally precious phased achievement like a second pie, as long as you have firm beliefs and set a reasonable "stop loss" defense line, and are not defeated by temporary failures, you can grasp your own "opportunity to pull up" in the ups and downs of life, write your own wonderful chapter, and realize the true meaning of life that there will be a rainbow after the storm.
On November 23, the WLD that encouraged going long has reached the eighth profit target 🤑🤑🤑 In the news, OpenAI is about to start a 12-day live event, and WLD has a certain relationship with the founder of OpenAI. For this round of altcoin bulls, if you don't know what to go long on, just follow my trading plan, updated daily.
Why believe in Bitcoin? Bitcoin has broken through $100,000, and nearly 200,000 people have liquidated their positions. Bitcoin doesn't have traditional fundamentals, but do gold and diamonds have fundamentals? Jokingly, we can say that Bitcoin has two major fundamentals: first, belief. Believing in Bitcoin as a digital currency, with a limited supply, has a fixed value as a pricing basis, comparable to gold; second, money laundering. There are too many gray markets in this world, and Putin just said he also needs Bitcoin for money laundering. In 2011, one Bitcoin was worth $10. Thirteen years later, the price of Bitcoin is as crazy as the Dutch tulip mania, and there are certainly other reasons for this. Currently, BTC has surged to over $100,000. It may go even higher in the future. Bitcoin has entered the next stage, not just a game in the crypto circle, but a global capital game. In the future, more countries should participate. For investments, at any time, we must be aware of the risks. Soaring prices and selling off, plummeting prices and buying in.
Always remind yourself that no matter where you are, what you do and who you meet, it is all practice $BTC $ETH $SOL #BTC新高10W #历史见证者打卡 #DOGE狂潮 #新任SEC主席 #美国合规概念币走扬
Binance New User Benefits Exclusive Second Edition! Bitcoin surpasses 100,000 USD, Binance invites you to witness history together and share an 80,000 THE token prize pool! New users can receive up to 25 THE rewards by registering with the Flying Fish Brother invitation code or link. Limited rewards are available on a first-come, first-served basis! Or directly use the invitation code: FOHW9ZPT For Chinese users: https://www.suitechsui.online/zh-CN/join?ref=FOHW9ZPT For Chinese backup: https://www.suitechsui.cc/zh-CN/join?ref=FOHW9ZPT For overseas users: https://www.binance.com/zh-CN/join?ref=FOHW9ZPT Event Rules: 1. Register on Binance through Flying Fish Brother's invitation and complete KYC (real-name verification) to receive 1 THE token reward. 2. Complete > 100 USDT THE trading pairs for spot trading, and receive an additional 2 THE token rewards. 3. Complete a contract trading volume > 500 USDT, and receive a reward worth 4 THE tokens. 4. Complete a contract trading volume > 55,500 USDT, and receive a reward worth 6 THE tokens. 5. Complete a contract trading volume > 555,500 USDT, and receive a reward worth 12 THE tokens. $THE ➖➖➖➖➖➖ - Don't spend money buying strategies; we share our strategies for free! - BINANCE30 commission return invitation code: FOHW9ZPT - Our Binance chat room https://www.binance.com/zh-CN/service-group-landing?channelToken=Hcsg9ApAhUo_umDr95gkmg - Our contract auto-copy trading invitation code: XpHhfQhi https://www.binance.com/zh-CN/copy-trading/lead-details/4279460400364257793?timeRange=7D&code=XpHhfQhi If you find this helpful, please like and share! Our BA Square has daily red envelopes to claim! @加密航海家飞鱼
🌈 Bitcoin finally broke through 100,000 on December 5 after 10 days of fluctuations! A historic moment, 24 years of waiting for 6-digit BTC, Comrade Jianguo is really awesome!
Which factors have played a boosting role?
1. Trump nominated crypto advocate Paul Atkins as the new chairman of the SEC
2. Powell: Progress has been made in reducing inflation, and he also mentioned that BTC's competitor is gold rather than the US dollar:
3. Putin clearly supports crypto: No one can stop BTC
4. Stablecoins continue to be issued, and the market value exceeds 200 billion US dollars
5. The Korean market has plummeted before, and a large number of funds have bought the bottom
6. BTC halving: The most recent halving was in May this year. According to the cycle law, the second half of the crypto bull market has just begun, and 2025 will still be a bull market year.
7. Innovation and development of the industry At present, the combination of AI and Web3 has become a hot spot for industry innovation, and has also attracted many traditional investors and entrepreneurs. New application paradigms are gradually unfolding.
Bitcoin hitting 100,000 is not a bad thing for altcoins. We have shared before that when Bitcoin breaks through 100,000, the entire crypto market will usher in an accelerated trend, not just BTC itself.
In the face of such a market, don’t be nervous, don’t panic, curse as you like, and don’t move your hands. 🤭$BTC
#下一个换谁涨? This time it is the turn of $TRX to take off. People say that Wavelength is a scam, but that is not entirely true. If you followed Brother Sun and believed in him before, and bought his coins on Binance, it is actually okay. For example, $TRX $BTTC , etc., they really pushed up the market during the bull market, unlike some projects, which will fall in the bear market and will not pull up the market in the bull market, which will just drain everyone to death.