Nov. 10 Zhongling Tuesday Gold Recap

Tuesday market review: Gold fell from 4130 to 4100, then rebounded to around 4118 and moved sideways as bulls and bears remained locked in a standoff. At the opening of the Asian session, prices came under pressure around 4147, with the overall trend moving lower amid volatility. As bearish CPI data came out in the evening, gold plunged, dropping straight from 4080 to around 4013 in a single large bearish candle, wiping out all of the day's rebounds at once!

Gold short | Opened 4127 | Closed 4113 | Profit: $2,832
Gold short | Opened 4123 | Closed 4113 | P

What Is Layer 2? How Does It Improve Blockchain Performance?

When using blockchains, many people encounter several problems: slow transaction confirmations, high fees, and network congestion.

Layer 2 (the second layer) is a category of scaling solutions developed to address these problems.

I. Why Is Layer 2 Needed?

Take Ethereum as an example. The main chain not only processes transactions, but also maintains network security, verifies state, and completes final settlement. When demand grows rapidly, limited block space can lead to higher transaction fees and longer confirmation times.

La

Took a quick trade after the 30 second 200MA was broken to the upside.
The 1 min money printer formation is in effect.

$BTC Bitcoin's downward momentum is still too strong

I thought I'd take a shot with take-profit and stop-loss set, but didn't expect my stop-loss to get hunted this time

But you have to know when to stop

This market maker is ruthless
#美国10月CPI即将公布

My money was losing 7% per year due to inflation so I decided to invest into crypto
Now I’m losing 25% per month

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📢 Today's Hot Topic | Korean Stocks Rebound
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BlackRock's Aladdin, the platform institutions use to manage upward of $20 trillion, supports Ethena's USDe as an approved asset.
USDe now has $4.95B in supply, more than $1.82 for every $1 of PayPal's PYUSD.
@ethena

Historically these periods in BTC after coming off a major cyclical low have acted as long consolidations. Bulls would like to see 72k hold but if history is any indication, neither side is going to win this battle until Q1 2027.

What a damn tease...
$MNQ

Good things end quickly
Thank you for everything, Ecuador.
See you soon

What is DeFi? How does it change traditional finance? A comprehensive look at the opportunities and risks of decentralized finance, from how it works to practical applications

In the Web3 world, DeFi (decentralized finance) is a frequently discussed concept.

From decentralized exchanges and on-chain lending to liquidity pools and stablecoin applications, DeFi is exploring a way to provide services that differs from traditional financial institutions.

But DeFi does not mean there are no intermediaries or risks, nor does it mean every transaction is cheaper. To truly understand it, you first

$PI Pi has been struggling for months, but RSI is now sitting around 28. MACD is also showing some signs of life.

Could we finally see a recovery, or is it too early to get excited?

What do you guys think? 👀

Syria is reportedly preparing to send troops to help Saudi Arabia fight Yemen’s Houthis, and this is more serious than most people think. A reconnaissance team has already completed visits to Saudi Arabia and Yemen, and they’re just waiting for the final decision. If Syria gets involved, that’s one more player on the Middle East chessboard. When you’re sitting on gains from a large position, it’s easy to get overly cautious. The same goes for following the news: don’t focus only on your own position. If you have anything to add, join the discussion in the comments.

11.11 BTC Early-Morning Trading Strategy

BTC is in a bearish breakdown, with the Bollinger Bands opening and expanding downward as bearish momentum continues to unwind. Although oversold conditions may prompt a short-term technical rebound, the overall bearish trend remains intact. In the early morning, prices are likely to continue consolidating and recovering at low levels. Key support below lies at the intraday low of 72700 and the strong support zone around the 72000 round-number level. Resistance above is at the 73800-74000 breakdown retest zone, the Bollinger Band lower-band resistance

I can only tell the bulls that this wave of selling has only just begun! The decline is nowhere near over!

The only thing that can support a market rebound right now is geopolitics in the Middle East. The US-Iran situation is already clear: the market has taken it for granted that they won't go to war, so it can't make much of a difference. Secondly,

Trump has already been defeated, and his power is now greatly restricted. Whatever he does will be constrained—he's a puppet! His opponents are hawks, mostly hardliners, so Europe will only let the Russia-Ukraine conflict sink deeper!

I don't s

What Is a DAO? How Does It Enable Decentralized Governance? Understanding the Opportunities and Risks of Web3 Community Autonomy, from Organizational Mechanisms to Practical Applications

In the Web3 world, DAOs (decentralized autonomous organizations) offer an organizational approach that differs from traditional corporate management: through public rules, community proposals, voting mechanisms, and smart contracts, participants jointly decide the organization’s direction.

From DeFi protocol governance and NFT communities to open-source projects and public fund management, DAOs are exploring

Delayed Protraction;
18:00 is your time based exit.
Irrespective of liquidity resting above the daily open.

In case you missed it:
Charles Schwab, with $13.33 trillion in client assets, now lets eligible clients buy and sell AVAX directly in Schwab Crypto.
AVAX is one of just five coins there, with bitcoin, ether, SOL and LINK.
@avax