#加密市场观察 Some fans still don't know about Binance's new features, The Binance private chat channel has been open for a while now.
How to operate:
① Open the 【Binance APP】 and click on the top left corner 'three horizontal lines'.
② Then click on the top right corner 'Scan'.
③ Scan the QR code below to add me as a friend.
Friends, in the future, if you want to chat about market trends, ask about strategies, or discuss opportunities related to contracts, feel free to message me directly. I do not take aggressive positions; I operate steadily. Let's chat while we observe the market and not miss any take-off signals!
$BTC Bitcoin has been struggling to survive, with a decline of about 36% since October on the weekly scale, officially entering a bear market in October. Currently, it is just a rebound during the downward trend.
From a weekly perspective, there is still some room for a rebound. On the daily scale, it is at a stage bottom, oscillating weakly around the 86000-94000 range. Remember, do not have a fixed mindset when trading.
The 4-hour scale is puzzling, with sharp rises and falls, back and forth; this is actually a typical oscillating market.
There is a high probability of a 25 basis point rate cut at 3 AM tomorrow, followed by a monetary policy press conference by Powell at 3:30 AM.
Be cautious of positive news turning into negative impacts; it is likely to drop first before continuing to rebound!
In the current market, if one cannot make money with Bitcoin, it is even harder in altcoins. Other cryptocurrencies are only suitable for shorting at high levels!
$ETH Continue to arrange stable orders in the afternoon or evening
I will mention a few points Currently, the best points for shorting Ethereum are at 3190 and 3245 The best points for going long are at 3100 and 3070. The market situation is highly variable, the above is my personal opinion, for reference only Do not be too aggressive in trading, or you won't last long!
$ETH Tonight's wave is really a big feast! Fans who followed this order have already made a profit! Technology is one aspect, insider information is part of it! Do not trust those bloggers who make aggressive trades anymore, Only stable operations can help you survive in this market for a long time!!! Here, there is no threshold required! New arrivals can check the cooperation on the inquiry page!
$ETH Tonight's wave is really a big feast! Fans who followed this order have already made a profit! Technology is one aspect, insider information is part of it! Do not trust those bloggers who make aggressive trades anymore, Only stable operations can help you survive in this market for a long time!!! Here, there is no threshold required! New arrivals can check the cooperation on the inquiry page!
$BNB From the 1-hour chart, BNB is currently in a bearish dominant pattern of the Bollinger Bands: the middle band, as the dividing line between bulls and bears, has been effectively broken, clearly indicating that short-term bears are in control;
The upper band will form strong resistance, limiting the price rebound space;
The lower band serves as a key short-term support, and if this position is lost, it is highly likely to trigger further declines.
The inventory of exchanges remains one of the best indicators of sentiment for investors. The data clearly shows that even when the BTC price briefly fell below $99,000, there were still no signs of panic. Although the inventory of exchanges saw a slight increase, it returned to a low point after the price rose.
This indicates that most investors still have low interest in selling, which is similar to the data from spot ETFs. Although the turmoil in the Middle East over the past week has reduced investors' purchasing sentiment, sell-offs have not increased, and most investors are still in a wait-and-see state.
If you want to play projects on BSC, there are three methods,
The first is to play high market cap projects, like USD1, which is a stablecoin project backed by the Trump family, equivalent to a premium version of BUSD with strong financial backing. Also, there are popular coins with high trading volume and deep liquidity, such as EGL1 and JANITO. The market makers will definitely pump the price to offload, just like TAG surged to 139 million market cap. This type is like playing an advanced version of trading, and the key is to follow the right market maker.
The second is to ambush low market cap potential coins that have been listed on Anan Alpha and have trading volumes of several million, like TAT, QUQ, GHIBLI, which are likely to be targeted by institutions for follow-up operations. There are also coins that haven't been listed on Alpha but are related to CZ's sister, like BC. Following big players will always allow you to benefit.
Another option is to play new projects like BTE, which are interesting and can be entered with a market cap of several million without much risk of loss. There are also projects like UptopMeme that are about to go to exchanges, which can yield significant profits in the short term. New projects are like buying a lottery ticket; the cost is low but you might hit the jackpot.
Big funds play it safe, while small investments may yield large returns; new projects are about luck. But everyone remember to keep your eyes open, as there are many opportunities and pitfalls on BSC.
Goodness, Musk has changed his tune again! It's not even been 8 hours, and both the understanding king and Musk have started to backtrack, both indicating that they should coexist peacefully.
It seems that if the quarrel continues, both sides will suffer losses, so they need to hit the brakes quickly.
Hedge fund mogul Bill Ackman suggested that the two of them should reconcile for the sake of national interest, stating that unity will make us stronger, rather than division.
Musk replied, "You are right."
Additionally, some suggested that Musk should not suspend the Dragon spacecraft, and Musk accepted this suggestion, saying, "We will not stop the Dragon spacecraft's launch missions."
The understanding king stated that his assistant has arranged for the two to have a phone call today to facilitate reconciliation between the two sides.
No, Musk, then why did you flip the table? One moment the understanding king is on the list of little girls' islands, the next he says he wants to form a new political party, and he supports Vance's rise and impeachment of the understanding king. I thought you had grasped the essence of politics; turns out it’s just for the sake of a moment's satisfaction.
Scholars rebel, and after three years nothing comes of it; it seems this rich man's rebellion can be expected to achieve nothing in a lifetime.
In the crypto world, surviving comes first before you can talk about making money
There is a saying in the crypto world: "In the crypto world, you must survive first before you can talk about making money." What seems like a joking remark is, in fact, a lesson learned through the blood and tears of countless individuals who exchanged their hard-earned money for this wisdom. Why is 'surviving' so important in the crypto world? Let’s analyze it in depth.
The crypto world is not a casino, but a brutal battlefield The volatility in the crypto market far exceeds that of traditional financial markets, with fluctuations that often leave people astonished. Today, you might see a surge of 30%, and tomorrow, a drop of 50% could occur; it’s not uncommon for assets to be halved overnight.
The pace here is extremely fast, and the risks are incredibly high, with an astonishing rate of elimination. Many enter the market with the fantasy of "doubling their investment and walking away," but fail to realize that they are not trading; they are engaging in a life-and-death gamble.
Out of ten newcomers, often nine cannot survive the first round of decline. 'Surviving' means not being ruthlessly liquidated by the market, not letting emotions dictate decisions, and becoming one of the few who survive the waves of ups and downs.
Bitcoin Price Prediction Bitcoin is experiencing a fierce battle between bulls and bears near the 20-day exponential moving average ($105,347).
If buyers push the price and sustain it above $106,800, they will gain the upper hand. This will pave the way for a rebound towards the resistance zone above $109,588 to $111,980. Sellers are expected to fiercely defend this area, as a breakout above this resistance zone could drive the BTC/USDT pair towards $130,000.
Bears must close below the support level of $103,000 to halt the upward movement. At that point, the pair could drop to the critical support level of $100,000.
Friday, May 30th, Big Cake and Second Cake Midday Analysis: This morning, after the Big Cake touched a low near 104500, it quickly rebounded. The three consecutive daily candles released downward space, and yesterday's large bearish candle broke through the recent fluctuation range, intensifying volatility.
In the early session, the downward trend continued to probe the bottom but quickly formed a pin bar. Currently, there is a slight rebound on the daily chart. On the 4-hour chart, the rebound last night reached the middle track resistance and then fell back. The primary resistance level is near 109000. Pay attention to the breakthrough of key support and resistance levels to determine whether a strong trend can be restarted.
The Second Cake has two consecutive daily bearish candles, retreating from the high point of the range, with a relatively limited decline, still in a high-level fluctuation adjustment phase. The Bollinger Bands on the 4-hour chart are narrowing, with the range's low point gradually rising. After hitting the bottom, the price shows a wide fluctuation upward pattern, but the pace is slow. Currently, the retracement deepens, and volatility increases. In midday operations, it is recommended to primarily focus on low long positions.
Operation Suggestions: Big Cake Range 105400-105700, Target 106400-107100, Defense 104900 Second Cake Range 2610-2620, Target 2660-2670, Defense 2590
Grayscale establishes an AI cryptocurrency sector, TAO, NEAR, RENDER selected
Grayscale announced the creation of a new "AI cryptocurrency sector", which is their sixth niche area. Tokens like TAO, NEAR, and RENDER, which were previously categorized under other categories, are now included in the AI sector.
This new sector includes a total of 20 tokens, with a total market capitalization of approximately 20 billion US dollars, accounting for less than 1% of the entire cryptocurrency market, making it currently the smallest sector.
Grayscale stated that this indicates AI cryptocurrency is still in its early stages, but it also means there is a lot of potential for future growth.
"AI + cryptocurrency" is increasingly attracting capital attention, and Grayscale's move can be seen as a boost for the AI track.
Bitcoin experienced upward manipulation yesterday, and under the influence of news, it once again faked a breakout, ending the rise. The trading volume continues to dwindle, with repeated false breakouts, and the feedback from the rise is becoming weaker. The upcoming Bitcoin conference appears to be filled with positive sentiment, but the price remains stagnant. If the conference does not deliver better-than-expected news, the price will likely continue to decline.
Intraday Trading Plan: Enter short at 109500—110000. Enter short if 108600 does not hold as support.