Crypto KOL Community & Market Trends

Discover crypto KOL insights, community sentiment, emerging market trends, and industry trend analysis.
WealthyJinli
To understand oneself, one must
Only after understanding oneself can one learn the investment method that suits oneself.
For example,
1. Emotionally volatile people are not suitable for short-term trading, as the daily fluctuations can greatly affect emotional stability.
2. If you have a slower personality, it is not suitable for catching hot altcoins because when you plan to buy, it is basically the peak of the hot trend and everyone is about to leave.
3. If you can't stand the stimulation, stay away from high-leverage contracts and heavy position altcoins, because if you operate like this, you probably won't be able to sleep at night.
#BTC
BTC-0.67%
3
WealthyJinli
Cryptocurrency Trading losing money and doubting life? These 6 tips can help you avoid pitfalls and make more money!
1. Enter in batches: Don't go all in at once, buy in batches and keep some reserves.
2. Timely stop loss: Stop loss decisively when losing to protect the principal and have a chance to turn the tables.
3. Be cautious about chasing the rise: if the rise is too sharp, don't rush to chase the market, it is wiser to wait patiently for pullback.
4. Don't blindly trust unilateral market trends: Both long and short positions are normal in the market, don't be confused by unilateral trends.
5. Look at the long-term trend: short-term fluctuations are large, extend the cycle to see the overall direction.
6. Control fund allocation: Do not Heavy Position in a single currency, diversified layout is more stable.
Remember these few points and avoid pitfalls on the road of cryptocurrency trading.
#BTC
BTC-0.67%
4
Mining_sLittleSheep
ETH status, do you want to say if it's true or not?
ETH-1.26%
0
WealthyJinli
If everything goes well, the price of Bitcoin may rise to 20 million dollars in 20 years!
Bitcoin Halving occurs as a cycle every 4 years, 5 cycles are needed in 20 years.
If it is a linear rise, each cycle only needs to rise to 5.25 times, which means that BTC only needs to rise relative to the previous year by 50% each year. People often underestimate the power of compound interest.
If it is an exponential decrease, the multiples of each cycle are: 11.8 times, 7.2 times, 4.85 times, 3.54 times, and 2.75
People often tend to be like this. In fact, they are already on the shortcut, but still desperately looking for shortcuts everywhere. Even if you know that Bitcoin can achieve financial freedom, you may still be hesitant, because you don't want to wait, you still want to take a shortcut.
If you buy 1 coin, it will take 20 years to achieve financial freedom. You may feel it's too long and be unwilling to wait, feeling very frustrated. However, if you don't buy, 4 years later, you may not even have the opportunity to feel frustrated, because at that time, you may not even be able to afford 1 coin.
The vast majority of people will never have the possibility of achieving financial freedom in this lifetime; only a very few can achieve it.
You buy 1 BTC, wait for 20 years, and do nothing else. It's already a shortcut among shortcuts. Enhance the ability to make money outside the circle like crazy, earn more Fiat Currency+multiple national currencies+shorten the time to achieve financial freedom.
However, to shorten one cycle, the amount of coins needs to increase by about 3-4 times, which is very difficult for everyone. There will always be a way to achieve financial freedom quickly, which is not limited to the crypto world, but the overall probability is extremely low.
Many veterans in the crypto world are tinkering, but except for a few, the results for most people are not ideal.
BTC has a limited total supply of 21 million coins. Everyone in the community wants to earn coins, and as more and more people join the community, the number of coins in circulation will decrease. This will lead to more intense competition and naturally drive up the price. When 1 million people participate, each person will only have an average of 21 coins.
When there are 10 million players, the average person only has 2.1 coins. When there are 100 million players, the average person only has 0.21 coins.
That's why, as we play, everyone's coins are getting fewer and fewer. Instead, those who earn money outside the circle to buy coins, do nothing, but have more and more coins, and become the highest income.
In short, to mix in the circle, you need to find ways to get other people's coins into your own pocket, and strive to achieve financial freedom as soon as possible.
If you don't have these abilities, then perhaps you should wait patiently and wish you eventually achieve financial freedom!
#BTC
BTC-0.67%
4
WealthyJinli
The competition between ETH and SOL has been escalating recently, and the outcome actually depends on the prosperity of the on-chain ecosystem and the richness of gameplay.
Previously, the BN on Neiro brought a wave of recovery to ETH, and various CTO Tokens emerged one after another. Meanwhile, the goose Daram borrowed the gameplay of inscription, implemented fair chip distribution, and became a kind of small innovation.
However, with the Goat's popularity on SOL, ETH's limelight has been stolen. The wave of AI+Meme is rapidly expanding on SOL on-chain, and the profit-making effect is obvious. This kind of disorderly competition is difficult to judge who is better or worse. The so-called innovation is more reflected in the form of Meme, but its essence is still the operation of a capital pool, relying on market sentiment.
This round of Meme coins within the SOL ecosystem has brought about a strong wealth effect. Meme has driven several waves of enthusiasm, and SOL, with its own chain advantages, has become the core battlefield of Meme. In the background of Meme absorbing market sentiment and becoming a mainstream speculative tool, the demand for SOL continues to increase, and with more people participating, the price of SOL is soaring. This increase is the return that Meme brings to SOL and also the deserved performance of SOL in this round of the market.
#BTC
ETH-1.26%
SOL-0.77%
NEIRO-1.64%
4
Mining_sLittleSheep
How to make money like an old pervert?
Looking for ideas to monetize colored powders, what are the ways to scam old batches of colored powders?
I understand one, if you have any good ones, feel free to add and discuss together. The one I understand is Yang Mou, [mystery box live], have you heard of it?
If you think it's a flickering newbie with a fruit phone in it, that's too low. Recruit a beautiful female streamer to put on sexy stockings, and then sell blind boxes live, sell out 20 at a time, and go next door to get another 20 after the sale.
However, there will be some small changes this time. The black stockings worn by the female streamer have become white stockings. There may be fishnet stockings, open crotch, prints, stripes, lace, gradient, suspender stockings next. As for the stockings that have been taken off, they may already be on the way.
0
Mining_sLittleSheep
BTC收针pump 低点确认
Yesterday, BTC fell all day long, from around 67500 in the morning to 65230 US dollars around 2 o'clock in the middle of the night before it stopped falling. Then rebounded and pumped, recovered all the previous day's fall within 6 hours. Currently, the price is above 67000, the price has not changed, but many people's accounts have shrunk. If nothing unexpected happens, 65230 will be the low point in the next few days.
Today's market analysis, from the Candlestick perspective, BTC has a pump trend at the one-hour level, just entered a pump trend at the four-hour level, and is in a downtrend at the 12-hour level. The daily candlestick level has entered a downtrend (if it can be maintained above 66500, it can reverse the downtrend of the daily candlestick; otherwise, it is still dominated by ReboundShort. It is safer to wait for the one-hour downtrend before shorting, then it will be safer). The intraday resistance level is 69000, and the support level is $65300.
BTC-0.67%
0
WealthyJinli
If you don't plan to leave the currency circle in the next three years and are determined to make speculation as a second profession, you must read these 10 iron rules, all of which are practical knowledge for supporting a family by speculation. Recommended for bookmarking!
1. Assuming you have 1 million, when the profit reaches 100%, the assets will reach 2 million. If there is a subsequent loss of 50%, it means that your assets will return to 1 million. Obviously, a 50% loss is easier than 100%.
If you have 1 million, your assets will reach 1.1 million after a 10% increase on the first day and then drop to 990,000 after a 10% fall on the second day. Conversely, if there is a 10% fall on the first day and a 10% increase on the second day, the assets will still be 990,000. If you earn 40% in the first year and lose 20% in the second year,
Earn 40% in the third year, lose 20% in the fourth year, earn 40% in the fifth year, lose 20% in the sixth year, with remaining assets of 140.5W, the annualized rate of return over six years is only 5.83%, even lower than the 5-year fixed-rate national bond with a face value of Intrerest Rate.
4. If you have 1 million, and you can earn 1% per day and exit, then after 250 days, your assets can reach 12.032 million, and after 500 days, your assets will reach 145 million.
5. If you have 1 million yuan and achieve consecutive annual return for 5 years
With a 200% return rate, your assets will reach in 5 years.
243 million, but such high returns are difficult to sustain.
Six, if you have 100W, hope to achieve in ten years
1000W, reaching 100 million in twenty years and 1 billion in thirty years, so you need to achieve an Annual Percentage Rate of 25.89.
7. Assuming that you bought 10,000 yuan of a certain currency when it was 10 yuan, and now it has dropped to 5 yuan, if you buy another 10,000 yuan at this time, the cost of what you hold in your hand can be reduced to 6.67 yuan, rather than the imagined 7.5 yuan.
8. If you have 1 million RMB, invest in a certain currency for profit.
When you make the decision to sell, you can keep 10W yuan of Market Cap chips, so your holding cost will be zero, and then you can hold it for a long time without any pressure.
Nine, if you are extremely bullish on this currency, and you have left chips with a market cap of 200,000 yuan, you will find that your profit will rise from 10% to 100%. However, don't be complacent because if the currency falls by 50% later, you may still incur losses.
10. Big dump is the touchstone to test the quality of coins*. If the market experiences a big dump and your coins only see a slight drop, it is clear that the market makers are protecting the market and refusing to let it fall. Therefore, these coins can be held with confidence and will definitely yield returns.
#BTC
W-3.96%
BTC-0.67%
5
WealthyJinli
Let's take a look at the news and data worth following:
1. The probability of Trump winning has risen to 64.5%, leading Harris by nearly 30 percentage points. On the prediction market, Trump's probability of winning the US presidential election has risen to 64.5%, nearly 30 percentage points higher than Harris.
There are 14 days left until the US presidential election. At the current trend, it is more likely that Trump will win, barring any unexpected circumstances.
2. Trump said that if he is re-elected as the President of the United States on November 5th, he will significantly drop the US Interest Rate. However, he did not provide detailed information about specific policy measures.
According to the latest data, the probability of the Fed cutting interest rates by 25 basis points in November is 89.2%, while the probability of a 50 basis point cut is 10.8%.
3. Regardless of who wins the US election, BTC will rise to $80,000.
Regardless of the election results, it is Favourable Information for Bitcoin. But the specific rise will depend on who is elected.
If Trump is elected, the price ceiling may be higher and BTC is likely to go for a test of $90,000 to $100,000.
If Harris is elected, the ceiling may be lower, and BTC is likely to fluctuate at $80,000.
4. BTCSpotETF had a net inflow of 294 million US dollars yesterday, with a net inflow for 7 consecutive days.
Since its launch, the cumulative net inflow of the US BTC spot ETF has reached $21.303 billion, reaching a new historical high.
This indicates that most of the current investments in ETFs are institutional investors, who are more inclined to long-term holdings. This will be beneficial for the later pump of BTC's price.
5, TSL still holds 11509 BTC
TSL still has 11509 BTC. This indicates that last week, they simply transferred these BTC to a new Wallet.
6, billionaire Bill Miller said: consider allocating 1%-3% of Bitcoin
Bill Miller said in an interview that he expects to allocate 1% to 3% of BTC in his investment portfolio in the next three to five years. He emphasized the uniqueness of BTC: regardless of changes in demand or price, the supply of BTC is fixed.
This indicates that the position of Bitcoin in the TradFi market is gradually increasing. More and more people are starting to see it as part of their investment portfolio.
follow me, daily market analysis, technical sharing, help you get rich in the bull run.
#BTC
BTC-0.67%
3
WealthyJinli
Based on the bull-bear cycle, the timing and height of this round's "bull top" are given.
1. The first bull and bear cycle (2011-2013)
Bear Market: From June 2011 to November 2021, lasting for 6 months, falling from $32 to $2, a fall of 93.7%.
Bull Market: December 2011 - December 2023, lasting 25 months, rising from $2 to $1,134, an increase of 566 times.
2. The second bull and bear cycle (2014-2017)
Bear Market: From January 2014 to January 2015, lasting 12 months, falling from $1,134 to $172, a fall of 84.8%.
Bull Market: From February 2015 to December 2017, a total of 35 months, the price rose from $172 to $19,587, a rise of 113 times.
3. The third bull-bear cycle (2018-2021)
Bear Market: From January 2018 to December 2018, lasting for 12 months, falling from $19,587 to $3,255, a fall of 83.4%.
Bull Market: From January 2019 to November 2021, lasting 35 months, rose from $3,255 to $69,000, with a rise of 20 times.
4. The fourth bull-bear cycle (2021-2025)
Bear Market: From December 2021 to November 2022, lasting for 12 months, it fell from $69,000 to $15,476, a decrease of 77.3%.
Summary: Based on a series of indicators such as STH-MVRV, TMMP, RPC, CVDD, and PDATH, predictions are made for the timing and price of this round of bull market tops.
Bull top time: October 2025
Bull's peak price: $140000-$160000
#BTC
BTC-0.67%
3
WealthyJinli
In terms of the market, there have been two consecutive days of pullback, and the 66700 level has not been broken through.
As long as this range is not broken, the short-term market can be considered stable.
ETH square 2560 is not broken, the market has not gone bad, how to operate individual risk appetite to grasp by themselves, for reference only and does not constitute investment advice.
Once the market experiences a pullback, all kinds of Unfavourable Information messages are flying all over the sky, and all kinds of strange and evil people rush out to scare people.
As the saying goes, everyone should pay attention to the trend.
Various conspiracy theories have been emerging in the market, suggesting that the Federal Reserve will first cut interest rates and then suddenly raise them, causing global capital to suffer an irreversible catastrophe.
This is a national strategy, not child's play.
Don't worry too much about this. As the global leader, they definitely won't do something so shameless.
It is recommended that you follow BlackRock more often when you have free time to see what they are doing. If we follow suit, we will most likely not go wrong.
#BTC
ETH-1.26%
BTC-0.67%
3
Mining_sLittleSheep
Public account running points, spinach turnover 300 million, profit 8 million, how long will the sentence be?
0
WealthyJinli
This opportunity lies in the unchanged view of altcoin, but the feature of altcoin is the frequent rise, sharp fall, and high Volatility. Choose what you can bear and focus on the main storyline. Let's review again today the track that altcoin will inevitably erupt in this round of bull.
1- BTC Ecology
The leader's ORDI, DOG, and Node monkey, as well as the frog, personally I don't think there's any need to worry about recovering the investment. Recovery of investment can never be used as a basis for selling. We're not here to recover the investment.
2- MEME Track
This round is called the MEME Supercycle. This name is really nothing to hype about. To return to the essence, BTC is the biggest MEME. If you want to be a leading MEME, if you don't have the ability to investigate on-chain data, when many MEME tokens surge, it is often the peak when you enter. Instead of blindly chasing new meme tokens, it is easier to make more money by watching the old leading meme tokens and buying in on the dip.
3- SOL Chain Ecology
SOL is still the king of the current TerraDog chain. There is no way. If ETH doesn't take action for a day, SOL will grab its traffic, just like Taobao's traffic being taken away by Duoduo. SOL is pulling too fast. Those who are afraid of heights will go down to SOL and buy projects under SOL, such as BONK, WIF, BOME, JUV, etc.
4- AI Track
This track is a track that all humanity is currently looking forward to and yearning for. Top technology giants' founders are fully exploring this direction. It will take some time before it truly lands. But if this track is not fired up in this bull run, I really don't know what can ignite it. ARKM FET WLD, and some other good AI projects, it depends on the founders' efforts and specific actions this year.
5- Gaming Track
Games always need to be played, everyone loves new gameplay, so games have to follow the trend. Otherwise, just focus on the gaming public chain, the gaming platform in this direction. YGG MC IMX MAGIC.
altcoin will take a month, a week, or even a few days to complete the journey that BTC takes 1-2 years to complete. The most important thing is to understand your own ability limit, trade, and grasp the main storyline of altcoin. Holding onto major currencies and a few favored altcoins without changing positions until the time is right or the price reaches the expected level can be a good strategy.
#BTC
BTC-0.67%
ORDI-0.28%
DOG-0.23%
MEME-0.94%
4
WealthyJinli
Maybe everyone is too deeply affected by the current downturn and has forgotten that the crypto world is a place of speculation.
Remember these important times Node: November 3-5 is the US midterm elections, November 6 is the interest rate decision day, and December 14 is the announcement of the election results.
Before November, there will definitely be significant Fluctuation in the election-related zone.
There are always people asking which candidate has a better chance of winning, which is actually asking who can win. Even if Trump doesn't do anything this time, he can still win effortlessly. Here are a few projects that I recommend following:
TRUMP: The leader of the election meme track.
TREMP: A MEME coin targeting Trump, with interesting gameplay and a large fluctuation range.
PEOPLE: The first choice of the track, the significant increase is obvious to all, but the risk is high, and the returns are substantial!
PTRUMP: PEPE on the Trump concept currency.
#BTC
TRUMP-0.95%
MEME-0.94%
PEOPLEFB+0.00%
4
WealthyJinli
Is this your reason for being bullish to 100,000 in the fourth quarter?
1. US Election: In the past decade, there have been two presidents, Trump and Biden, and BTC has also gone through two bull and bear cycles. It has nothing to do with who is the president.
2. Employment Improvement: Whether a soft landing will occur will be revisited at least next year, and the improvement in the unemployment rate has even slowed the pace and magnitude of interest rate cuts.
3. US stocks hit new highs: it is normal for the crypto world to lead the decline independently, just like the rise of US stocks, what about the fall of US stocks?
4.ETF large inflow: In recent days, there has been a large inflow of BTC, but it has not risen much, indicating that there are also large funds leaving. Grayscale's customers have also suffered paper losses, while BlackRock is making stable profits?
5. Weekly MACD golden cross: meaningless, can have another death cross after the golden cross.
6. The trend after the Halving of the previous cycle: Now the key factor affecting the long-term trend of the coin price is not the Halving, but the monetary policy. This round of monetary policy, regardless of whether it raises or lowers interest rates, has a much longer duration than the previous cycle, and the adjustment period will also be very long.
The core driving force behind the price of crypto world is the Liquidity brought by monetary policy. Now the balance sheet is still shrinking, the US dollar is rebounding strongly, and the Interest Rate is still at a high level. The realization of QE is still far away, far from the time to welcome the bubble. But the price of the coin has already risen from 15500 to 68000. I really can't find a reason to buy coins now!
#BTC
BTC-0.67%
4
WealthyJinli
Five key points to stable profits in the crypto world! Learn this trap-stable profit method, and anyone can quickly get started!
**Point 1: Watch and wait for consolidation, do not rush into the market**
Whether the market is at a high or low level, it is necessary to observe. This is because during the consolidation period, the market is choosing the next direction. After a low-level consolidation, it may reverse upward or continue to decline; similarly, after a high-level consolidation, it may continue to reach new highs or experience a dump. Therefore, when the market direction is unclear, do not rush to enter. If you decide to try, also close all positions for trial and be sure to set strict stop loss positions to prevent unnecessary losses.
**Second point: Buy Bearish line online, sell Bullish line offline**
Simply put, this strategy can help you seize the buying and selling opportunities in short-term operations. The daily average line is a key indicator for judging the strength of the short-term trend. Generally, if the Candlestick runs above the average line and the average line is trending upward, the short-term trend is strong, and it's a good buying opportunity when the Bearish line retraces without breaking the average line. On the other hand, if the Candlestick has been running below the average line for a long time, even if a Bullish line signal appears, you should not enter the market easily. In other words, when the trend is weak below the average line, it is not suitable for going long.
**Point 3: Take profit stop loss in a timely manner and strictly follow the plan**
In crypto world trading, it is important to follow the discipline of setting take profit and stop loss after determining the target price. The market changes rapidly, and greed often leads to excessive holdings, causing missed selling opportunities. Similarly, if the market situation is contrary to expectations, exiting quickly can effectively reduce losses.
**Point four: followvolume changes, insight into market sentiment**
Volume is an indicator of market sentiment. When the price pumps with an increase in volume, it indicates a strong bullish sentiment in the market, which may be a buying opportunity. Conversely, if the volume shrinks during the pump, it may indicate a weakening market trend, which is not suitable for chasing rising prices. In addition, when the price drops sharply with a significant increase in volume, it may be a signal of short positions dumping, and one should avoid entering the market.
**Fifth point: Be patient and wait for the best entry point to avoid frequent trading**
The market Fluctuation is large, but it does not mean that every Fluctuation is an opportunity. Frequent trading often leads to high Transaction Cost and emotional decision-making. Keep patience, wait for clear trends and signals before entering the market, in order to reduce trading errors and increase the winning rate.
With these five key points, you can better grasp the market rhythm and achieve steady profits. Remember, patience, discipline, and execution are the keys to long-term profitability.
#BTC
BTC-0.67%
3
WealthyJinli
Sudden signal! The Fed, latest statement!
The Federal Reserve will hold a policy meeting on November 6-7, and it is expected that there will be extensive but closed-door debates on the appropriate policy path. After this Friday, the Fed chair will implement a communication blackout and may not publicly comment on its monetary policy views until the end of the two-day meeting on November 7 when the Fed announces its policy decision. However, some expectations are expected to be released before that.
Jeffrey Lacker, president of the Federal Reserve Bank of Kansas City, said at the Financial Analysts Association in Kansas City, Missouri: 'While I support reducing policy restrictions, I prefer to avoid taking excessive measures, particularly considering the uncertainty of the ultimate goal of the policy and the desire to avoid exacerbating financial market volatility.' He said that interest rate cuts should be gradual and cautious. 'Gradually dropping the interest rate will provide time to observe the economy's response to interest rate adjustments and give us room to assess at what level the interest rate will neither restrict nor promote the economy.'
Dallas Fed President Lorie Logan made similar remarks earlier in New York to the Securities Industry and Financial Markets Association. She said, "If the economy evolves as I currently anticipate, gradually dropping the Intrerest Rate policy to a more normal or neutral level can help manage risks and achieve our goals."
San Francisco Fed President Mary · Daly said on Monday local time that she did not see any signs that the Fed would stop cutting interest rates, and the current Intrerest Rate is still "absolutely" high enough to dampen economic development. "Our goal is to achieve 'soft landing,' where inflation comes down to 2 percent, the labor market stays healthy, and wages keep up with prices," Daly said. As inflation falls, the Fed needs to continue to drop the Intrerest Rate, otherwise it could make policy too tight and hurt the labor market. ”
Minneapolis Fed President Neel Kashkari seemed to support a slow rate cut on Monday, reiterating his call for a 'moderate' reduction in Intrerest Rate over the 'next few quarters.' He said the strong performance of the economy suggests that the ultimate benchmark for Intrerest Rate— the so-called neutral Intrerest Rate, the borrowing cost will neither slow down nor stimulate the economy— may be higher than in the past. A sharp deterioration in the labor market could prompt him to advocate for a faster rate cut.
#BTC
BTC-0.67%
3
Mining_sLittleSheep
In 1840, Western powers plundered the wealth and health of the Chinese people through the opium trade.
Today, we must shoulder the responsibility of opposing foreign capitalist aggression.
Use Crypto Assets to open the door to the world.
0
WealthyJinli
The price of Bitcoin has been steadily rising in 2024, and multiple indicators indicate that this upward trend may continue.
1. The market enthusiasm ignited by the Fed's interest rate cut expectations in recent times is closely related to the rise in the price of Bitcoin. Michael Van De Pope pointed out that as the market's expectation of a potential interest rate cut by the Fed intensifies, investors' risk appetite significantly increases. The weak environment of the Interest Rate makes alternative assets such as Bitcoin more attractive investment choices. In this economic outlook, high-risk investments become more tempting, driving the price of Bitcoin higher.
Second, macroeconomic factors help drive the surge in Bitcoin. In addition to the expected rate cuts by the Federal Reserve, strong Wall Street profits and increased public confidence have also provided support for the rise in Bitcoin. According to Van De Pope's analysis, if the economy continues to maintain a positive trend, the value of Bitcoin is expected to further rise. These macroeconomic factors collectively contribute to the favorable conditions for the surge in Bitcoin.
3. The surge in whale activity highlights institutional confidence. Recently, the significant increase in whale activity in the Bitcoin market has become another bullish signal. On-chain analysis shows that since the middle of 2024, the accumulation speed of BTC by large holders (whales) has been continuously increasing. This hoarding pattern is similar to the behavior before the previous Bitcoin Bull Market, indicating that whales are confident in future price increases. Van De Pope believes that this is one of the most reliable signs that Bitcoin is about to make a huge breakthrough.
4. Technical indicators indicate that Bitcoin is about to break out. From a technical analysis perspective, Bitcoin shows strong signs of a breakthrough. Van De Pope pointed out that the price trend of Bitcoin on a two-month logarithmic chart is highly similar to past bullish cycles. Historical patterns indicate that Bitcoin usually experiences a long consolidation period before a sharp rise and follows a parabolic trajectory. He believes that if Bitcoin can maintain above the key resistance level, it may trigger a trend to create a new historical high.
The significant decline in the dominant position of stablecoins is also an important factor driving the rise of BTC. Since the mid-2024, the dominant position of stablecoins has gradually declined, indicating that investors are moving funds from stablecoins to more volatile assets (such as BTC). This trend heralds the beginning of a more widespread market rebound and indicates that investors' confidence in assets such as Bitcoin is increasing.
6. Approval of Bitcoin ETF Improves Market Accessibility The approval of the Bitcoin ETF by the New York Stock Exchange (NYSE) is another important catalyst for the rise in Bitcoin prices. This new financial product allows institutional investors to invest in BTC through regulated instruments, increasing market accessibility and liquidity. Historically, the approval of BTC ETFs has stimulated demand and driven up Bitcoin prices. Currently, the price of Bitcoin is approaching its all-time high, and the increased liquidity from ETF inflows may provide the final push for Bitcoin to break through previous price barriers. 7. Institutional Adoption Supports Long-term Growth With the introduction of more financial products linked to Bitcoin, institutional investors' interest is expected to further increase. The introduction of these financial products will improve Bitcoin's market accessibility and attract more institutional investors, thereby supporting the long-term price growth of Bitcoin. Van De Pope believes that this shift indicates that market participants are preparing for potential price increases and expects BTC against the US dollar to further appreciate.
#BTC
BTC-0.67%
3
WealthyJinli
Talking about a recent very magical coin - $APE
Leading in the NFT track!
Overnight, big pump 60%, became the focus of the entire market.
Why is APE so fierce all of a sudden?
Someone must be asking me if I can catch up?
If you get to the end of the year, it's okay to buy for the medium to long term, but not for the short term.
Chasing the market is not my style, I prefer to pullback.
Let me give you a spoiler first. If this chain's project continues to be popular, the price of APE will rise.
The APE project team has been dumping all along, and only started Accumulation in the second quarter of this year. They are really cunning, but the pump is also ruthless.
APE's recent surge is all thanks to the news, which is a good sign for altcoinzone.
This can only indicate one thing: there is still funding and enthusiasm.
#BTC
APE-3.27%
BTC-0.67%
4