[Gambling with short trades, long holding is a practice]
Speculating on coins indeed seems like adding a layer of speculative bubble packaging to Bitcoin, which is already a hard technological innovation.
It's like a good product that could have relied on strength to speak, but you have to find a bunch of Internet celebrities to bring goods, there may be traffic in the short term, but in the long run, it is actually consuming trust.
After trading myself for so many years, I increasingly feel that those who truly understand the value of Bitcoin actually do not need to watch the candlestick charts every day.
It's more like gold, you buy it and put it, and when you look at it ten years later, it's probably still the hardest asset.
Of course, that being said, the market is like this; some people hoard while others speculate, and this may also be a part of the Bitcoin ecosystem.
But I believe that excessive hype can indeed lead to misunderstandings about the entire industry.
The pie white paper is indeed worth reading again and again, and each time you read it, you can have a new understanding.
The logic in those 9 pages is more solid than 99% of the project whitepapers on the market.
🔥 Current Market Guide (2025 Passive Income Version )
BTC: After a significant drop, it will rebound, and once it reaches a certain point, it will continue to fall. It has reached a local peak and will need to correct for a while. I still have a positive outlook for the market in October and November.
GT: Still strong, there is a sense of FOMO. To make it perish, one must first let it go crazy; it's best to slowly unload, as it's impossible to sell at the highest point.
ETH: Continuing to decline weakly, the number of Ethereum queued for staking has increased to 2.44 million, selling on the rise, clearing inventory in November.
Important news from yesterday:
1. The economic forecast for September shows that 10 Federal Reserve officials support two more interest rate cuts this year.
2. Spot gold rises above the $4000 mark, setting a new historical high.
3. BlackRock's Bitcoin ETF assets are nearing $100 billion, making it BlackRock's most profitable product.
Let’s talk about today’s daily BTC technical analysis. From the candlestick chart, it appears that the 1-hour level is consolidating and may decline, the 4-hour level is set to rise, the 12-hour level is declining, and the daily level is rising. The intraday resistance is at 12600, and the support level is at 119000 USD.
Disclaimer: Personal operation diary, not investment advice! This article comes with a 50% anti-finger Buff, don't look for me if you are slapped in the face by the market
#BTC再创新高 $BTC $ETH $GT #十月加密市场预测