Got bombed, and I have to recharge and start over 😂
Shock牙医 目标1000W
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Bullish
The EMA moving average creates a pin like this every time to induce buying and then plummets. I hope this time the technical indicators fail and give me a rally!
Will the Federal Reserve cut interest rates tomorrow? Will Bitcoin surge? Will Powell announce quantitative easing? By the way, let's talk about the opportunities for ZEC and BCH.
Do you know? Right now, the market is not most concerned about interest rate cuts, as they are already priced in at 100%. What the market cares about now is 1. Whether the Federal Reserve will announce a quantitative easing plan, commonly referred to as printing money, and 2. Powell's speech. 1. It is possible to announce a quantitative easing plan. I estimate that the probability of it being implemented in March is quite high, depending on the economic situation. 2. As for subsequent interest rate cuts, I am fairly certain that Powell is likely to adopt a hawkish stance, and the probability of a rate cut in January is very low. The only variable is the start time of the first quantitative easing plan; if it happens earlier, it would indeed surprise the market.
Oh no! Wall Street is going to take action against MicroStrategy, and it will start on this day! Can the crypto world withstand this time? I have shorted in! USDT issuance has broken records again! Hot money is continuously pouring into the crypto world? Learning from history, Bitcoin's market will go like this next. Will the Federal Reserve cut interest rates the day after tomorrow and will Ethereum really surge? Powell's speech may bring drastic changes...
Oh no! Wall Street is going to take action against MicroStrategy, and it will start on this day! Can the crypto world withstand this time? I have shorted in! USDT issuance has broken records again! Hot money is continuously pouring into the crypto world? Learning from history, Bitcoin's market will go like this next. Will the Federal Reserve cut interest rates the day after tomorrow and will Ethereum really surge? Powell's speech may bring drastic changes...
ZEC has started to soar again! Are our money-making opportunities also coming?
🤣 Unknowingly, ZEC has stealthily surged by 20% again, reaching 380 here. It seems that the support around 300 is indeed very strong, just as Shuqin said. So where can we short it? As shown in the picture, last time Shuqin advised everyone to short near 420, and then ZEC plummeted to 320. This time, I see significant resistance around 450-470, so we can try to short, as the profit potential is very large. As usual, use 1x long-term positions without being greedy for leverage. If it doesn’t liquidate, just hold on, as it will eventually come down and turn into profit. I always use 10% of my position when shorting ZEC, entering in batches, because besides ZEC, I also trade BTC, ETH, and other coins. $ZEC
Time for the cryptocurrency market is running out... Powell is about to launch an attack! Don't think that a rate cut means everything is fine; the more terrifying part will be Powell's speech. This rate cut can be said to have been forced; Powell previously stated he did not wish to cut rates, so after the rate cut at 3 AM on Thursday, Powell will deliver a speech at 3:30 AM, likely very hawkish, paving the way for not cutting rates next time, which will scare the market. Because after next week's rate cut, the interest rate will reach the neutral rate of 3.5%, not much different from historically normal rates, and it no longer counts as a restrictive rate. In contrast, inflation is still rising, already at 3%, far above the Federal Reserve's target of 2%, and the economy remains relatively strong, so the Federal Reserve actually has no reason to continue cutting rates, which has also been Powell's earlier viewpoint. Therefore, I expect that after next week's rate cut, the market may start to plummet rapidly and undergo a correction for a while; everyone should be well-prepared. Personally, I am positioning myself with double long positions on high, and coupled with the bearish market environment, I believe the odds are greatly in my favor. If you prefer to be cautious, then do not trade; just wait to buy the dip after next year's crash, because the situation will start to improve in the second half of next year, and Trump will appoint a new chairperson to implement aggressive rate cuts, then the water will come, and the market will start to rise, potentially entering a major upward cycle lasting 3-5 years. So the next six months can be said to be the darkness before dawn; the bull market is just tired, taking a half-year vacation, and in the second half of next year will return to work. Everyone stay alert, and let's work together with Benqin to navigate this market and rewrite our destiny!
Why has Bitcoin plummeted again! Can it be rescued? What about ZEC, let's take a look.
The current trend in the cryptocurrency market is very weak. Even with the interest rate cut as a positive factor, it cannot rise. After the interest rate cut, the trend in the cryptocurrency market can be imagined, and everyone should be prepared. However, there are only 4 days left until the interest rate cut, and Bitcoin has a chance to rebound a bit, which will be your last opportunity to set up a short position. Ethereum is similar, with a strong resistance at 3250. Many bulls are selling at a high near that level, rather than choosing to take profits at the 3250 whole number. Shuqin directly urged everyone to short on Thursday, and the price fell nearly 10% from 3240 in two days. This is still a significant drop even with the positive impact of the interest rate cut, so the bear market in the cryptocurrency sector can be very harsh, and it may not take a few weeks to drop back to the previous low of 2600.$ETH
Successful shorting of Ethereum? What should we do next? ZEC has rebounded by 30%! Let's talk about the next steps.
First, regarding Ethereum, around 3250 is indeed a high-pressure point. The price dropped immediately by 7% to 3060 after reaching this point, falling very quickly. However, we shouldn't be complacent, as there are still 5 days until the interest rate cut, and it's possible that the price could make a second peak, or it might, albeit with low probability, reach around 3400.
So if you're positioning for the long term, you can hold on as originally planned, and short the remaining position the day before the interest rate cut, entering in batches. After the interest rate cut, the price will gradually start to decline. If you're trading short-term, you can take profits on dips and short again before the interest rate cut as well. Also, don't forget that tonight at 11 PM, the PCE inflation data will be released, which may cause unexpected volatility. I will report the results to everyone as soon as possible, so remember to follow me~
Also, the ZEC rebound that Shuqin mentioned in the past few days has indeed taken off, rebounding 30% from 300. You can aggressively short near 460, although there is a bit of resistance around 420, which you can try; it's best to enter in batches.
Additionally, the BCH and WLFI mentioned earlier have also dropped quite a bit recently, which I have discussed before. As shown in the image, I took a screenshot when I took profits early this morning, which includes these few coins. I made 100,000 in one night, very quickly, operating together every day~
【Warning】The main force is about to take action! The last chance to escape for Bitcoin, all three indicators have turned red, first to 80,000, then to 60,000? The USDT exchange rate has collapsed! A 2% drop against RMB, what exactly happened? Will the Federal Reserve continue to cut interest rates from January to March? The answer is here~ Where to buy Bitcoin at the bottom? ETH operation point analysis. $BTC $ETH $WLFI
Here it comes! The latest inflation data from the U.S. PCE has been released, will this be good news? Everyone, check the chart! This PCE data meets expectations! This core PCE data also meets expectations! Additionally, there is the Consumer Confidence Index, which is not as important but can also be referenced. Market rise and fall logic: PCE inflation lower than expected is good news, higher than expected is bad news. If it meets expectations, then it has no significant impact.
$ZEC Recently, when the market sentiment was extremely fearful, ZEC, as the leader of the privacy sector, stood out as a breath of fresh air, driving an overall rise in the privacy sector. The current position does not recommend chasing highs; it is advisable to wait for a pullback to enter long positions again. Specific points are in the chat room!
500 billion is entering the market! It's comparable to the massive monetary easing during the pandemic! Where will Bitcoin rise to? The target is here! ZEC and Fil are not moving? Is it time to go all in and short? Let's discuss my position layout and the logic behind the rise of privacy coins. Yili Hua goes all in on Ethereum! Hayes talks about the future trends in the crypto market, will it rise again?
Follow Boss Shu to short ICP and make a profit, I also took profits on ZEC before.
分析师舒琴
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The situation with ICP is a bit dire! Is it going to keep falling? It seems that ICP has broken through the upward trend line, and this pullback looks like it will be particularly deep, especially since it rose from 2u. We should first look for support around 6.3-6.6u for this pullback, and as interest wanes, it may drop even further. Because this coin is an old one, and it has unlimited issuance, and no one is really using the project, it can't support its 5 billion market cap. Nowadays, a new project that can have a market cap of 500 million to 1 billion is considered a big deal, especially since it's not a bull market right now. There may be a short-term rebound, but its price will gradually return to fundamentals in the long run.
Then there's ZEC, which is also just a temporary hype, and this is why Shu Qin chose to short them. However, ZEC's K-line doesn't look as bleak as ICP's; its bottom is rising, so ZEC might still hold up, but ICP is indeed not looking good.
I didn't short some coins that surged because their fundamentals are still decent, but for these, I think the fundamentals are not great. The short I made yesterday hit the target perfectly, entering strongly at a major resistance level. Thanks to the retail investors for pushing these coins so high; it's all a bubble, and our short profits are very large~