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Bitcoin Reclaims $60,000, Altcoins Surge, Fed Rate Decision Remains Crucial
Bitcoin Reclaims $60,000, Altcoins Surge, Fed Rate Decision Remains CrucialThe crypto market experienced a strong surge, with Bitcoin (BTC) breaking through $60,000, reaching $60,400 at the time of writing. This news has also fueled a widespread rally in altcoins, with assets like DOGE, ETH, and SHIB turning green and registering gains exceeding 3%
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Cryptocurrency Correlation with Stock Market Intensifies, Nonfarm Payrolls Data Crucial Tonight
Cryptocurrency Correlation with Stock Market Intensifies, Nonfarm Payrolls Data Crucial TonightThe link between cryptocurrency and stock markets is growing stronger, particularly in the wake of recent economic data. Data compiled by Bloomberg shows the correlation coefficient between cryptocurrencies and the MSCI World Index hovering near 0
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Bitcoin Price Continues to Decline as Risk Aversion Intensifies: Tonight's Nonfarm Payroll Data Could Be Crucial
Bitcoin Price Continues to Decline as Risk Aversion Intensifies: Tonight's Nonfarm Payroll Data Could Be CrucialTonight's Nonfarm Payroll data will be the market's focus, potentially causing significant volatility in Bitcoin's price in the short term. If the data shows a rate cut and good unemployment rates, it will be bullish for the market, and Bitcoin's price could rebound; conversely, if there's a rate cut but poor unemployment figures, it signifies a heightened risk of recession, and Bitcoin's price may further decline
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Ethereum Short-Term Analysis: Resistance Levels Loom, Breakout Crucial for Future Direction
Ethereum Short-Term Analysis: Resistance Levels Loom, Breakout Crucial for Future DirectionInitial jobless claims fell last week, yet reemployment opportunities remain scarce, hinting at a possibly persistent high unemployment rate in August. However, despite slightly weak economic data, Ethereum has shown signs of a rebound in the 1-hour chart
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Dogecoin Price Hovers at Crucial Support, Facing 20% Downside Risk: Bearish Sentiment Prevails, But Network Activity Growth Offers Hope
Dogecoin Price Hovers at Crucial Support, Facing 20% Downside Risk: Bearish Sentiment Prevails, But Network Activity Growth Offers HopeDespite successfully defending the key support level of $0.1, Dogecoin (DOGE) remains trapped in a bearish scenario
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Bitcoin Nears Crucial Resistance, Test Awaits
Bitcoin Nears Crucial Resistance, Test AwaitsBitcoin (BTC), the world's largest cryptocurrency by market capitalization, is at a critical juncture. Its price is currently approaching key resistance levels, with heightened market speculation as traders and investors closely monitor its future trajectory
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Dogecoin (DOGE) at a Crossroads: Crucial Support Level Will Determine its Fate
Dogecoin (DOGE) at a Crossroads: Crucial Support Level Will Determine its FateDogecoin (DOGE), the cryptocurrency that once took the world by storm with its humor and community spirit, is now at a critical juncture. Recent price volatility and cautious market sentiment have cast uncertainty over DOGE's future trajectory
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Bitcoin (BTC) stands at $30000, and the subsequent market is "crucial"
Hello everyoneI am JingshentongYesterday BTC once again stood at $30000Countless short sellers have been harshly punished once againMany people in this wave are also quite confused, looking for various news to come in personVerificationWhat is it because of? The market only roseBut those who follow my official account should knowAt the end of September and early October, I had a hint that the market could reach $30000Original text:Can Bitcoin (BTC) still break through $30000- Today's Headlines (toutiao. com)It is also mentioned in the article that one's views on the marketBulls are getting stronger and there is a reversal signal, and the market will continue to riseFor the market trend of BTC, I have always usedNaked K analysisBasically, the results of each analysis are very:accuracyKaccuracyNaked K is also the earliest analytical technology in the financial market, with a history of over 300 yearsSubsequent wave theory, entanglement theory, Dow theory Wait, it's going to be lateThe current coin circle is complex and intricate, among the many technical analysis fields I understandAfter doing a lot of screening and research, ISelected Naked KBecause the biggest advantage of naked K is that it can quickly reflect the trend of the marketFor those who work in the long and short term, it is crucialThe research object of Naked K is K-line and energy measurement:essenceHe doesn't have too many overly complex processes, let alone the need to refer to other toolsThe coin circle is inherently complex and ever-changing, and the more tools you useLike: MACD, Bollinger band, TD, moving average, etcIt will only make the originally simple disk surface extremely complexessenceSo, I've always been the sameRecommend Xiaobai, if you want to learn technologyReally prioritize: bare KAnd the learning method of naked K is basically speaking from picturesEach form is composed of K-lines, simple and clearLike many of the naked K technology forms I shared earlier, as long as the market emergesIdentifying it is very simple, all you need to do is understand what this form representsJust like this: Tombstone CrosslineBelonging to a reversal signal, indicating a weak upward trend in the market and a likely downward trend in the futureSo you know this, all you need to do is sell the chips in your handIf you learn well and have ample funds, it is also possible to catch a wave of subsequent declines in the marketThe advantages of naked K go far beyond what I'm talking about nowThere are still many, basically you can calm down and study, settle down for six months to a year80% of the market in the currency circle, you can easily identify whether the subsequent general direction is up or downThen, based on one's own financial situation and current situation, make a good planSee which one is more suitable for oneself, including short, medium, or long linesWhen you have done all these preparationsActually, there's no need to worry at all
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These key ETH observations may be crucial for your next market trend
Glassnode data shows that the number of ETHs flowing into the exchange is at its lowest level in the past four weeks. However, the decrease in selling pressure may take time to translate into the bullish momentum of counterfeit currency