MayYouHaveAProsperousJourney
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Choosing old coins that have gone through at least one round of Whipsaw is correct in 99% of cases (I put this as the first point because it goes against most people's common sense. If you want to speculate on new narratives this round, go to the Primary Market, don't look for them in the secondary exchange. The probability of finding alpha among new coins in the secondary market is even lower than casually picking a random coin from the Primary Market and making a big bet.
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The price of Bitcoin slightly rose after the US consumer price index data showed a 2.7% increase in inflation for July, in line with economists' expectations, (CPI).
The data from the consumer price index ( CPI ) shows that despite ongoing inflation, the market was not caught off guard, thus Bitcoin reacted relatively flat at $118,500.
Analysts predict a 90% chance that the Federal Reserve will cut interest rates in September, and Bitcoin may not be affected by the consumer price index ( CPI ) report.
BTC3.82%
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China and the United States issued a joint statement: both sides have again suspended the implementation of the 24% tariff for 90 days, retaining the remaining 10% tariff.
You said, is it just to manipulate the market that Trump keeps flip-flopping? When he's fully invested, he continues to pause tariffs, and when he's not, he says he might consider increasing tariffs. Back and forth, the Trump team makes a killing; no technical analysis or funding matters more than Trump’s words.
TRUMP4.53%
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Check my previous content.
Accuracy almost 💯 💪 :)
Sell NERO short now!! This is a useless coin. The distribution pool is about to end, and the market will be impacted!! Honestly: sell it.
NEROUSDT crashed like a brick!
NERO-4.94%
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LittleDoraemonvip:
Why should I sell? I came to the crypto world just to drop to zero.
Ethereum has successfully broken through the resistance level of 4100, which has been tested four times. Currently, there are no pressure points in between, and the next target to watch is the historical high of 4800. I believe that in this bull run, there is still a significant probability for Ether to reach the range of 6000-8000.
ETH5.74%
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Most bloggers' strategies are shorting strategies, and currently, shorting is all fuel. Right now, the patterns make it hard to short; after all, the trend hasn't reversed yet. Shorting is against the trend, so don't bet on a double top to short. In the face of emotions, indicators fail; only the trend matters for making profits. Do some short-term trading, short from 3900 to 3800, then take the opposite position to go long.
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Trump: He will appoint a new Federal Reserve Board member and the director of the Bureau of Labor Statistics in a few days. The vacancy at the Fed comes from Adriana Kugler's unexpected resignation, as she will leave on Friday to return to Georgetown University.
Trump stated that he has a candidate in mind, aiming to appoint someone who supports his stance on interest rate cuts. He also plans to replace Bureau of Labor Statistics Commissioner Erica McEntyre, who was dismissed by him due to weak job reports.
TRUMP4.53%
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In August, the fluctuation will be relatively large, the market has risen to the present, the long positions sentiment is almost pumped to the max, and it will definitely rise in the short term.
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The downward trend of the US dollar index has formed.
Don't worry about how this thing plays out in the middle; the depreciation of the dollar is an inevitable trend, and it has already begun in recent years. I highly agree with Bridgewater Fund founder Ray Dalio's assessment of the dollar's depreciation. Regardless of how the mid-term or short-term moves, it cannot affect the long-term depreciation. The depreciation of the dollar is beneficial for US stocks, cryptocurrencies, gold, and commodities.
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MayYouHaveAProsperousJourneyvip:
The trend of the US dollar index is already on a fall.
No matter how this thing moves in between, the devaluation of the dollar is an inevitable trend, it has already started in recent years. I highly agree with Ray Dalio, the founder of Bridgewater Associates, regarding the judgment on the devaluation of the dollar. Regardless of how it moves in the medium term or short-term, it cannot affect the long-term devaluation. The devaluation of the dollar is favourable for US stocks, Crypto Assets, gold, and commodities.
#DOGE Others fall harder than you, and rise slower than you. That's not good 🐶.
DOGE9.49%
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QuackQuackFiercelyvip:
shib is tougher than him
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#DOGE It's true 🐶, people rise and you rise slightly, people fall, you climb faster than others, it's a real dog."
DOGE9.49%
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