#Digital Money market rebounds Recently, the price fluctuation of $XPL has sparked widespread discussion. Upon understanding, many investors are confused by the so-called "Unfavourable Information" that actually stems from a claim made by a certain industry opinion leader ( KOL ) stating that the project has no relation to Tether, and accused that this is merely a hype of old news.
In the face of this situation, I believe that as participants in the crypto market, we should cultivate the ability to independently research projects, rather than making decisions based solely on snippets from social platforms. In the blockchain field, blindly trusting others' opinions without conducting in-depth investigation and analysis is just as unwise as casually searching for symptoms online and self-diagnosing when one is ill.
Blockchain investment requires rational thinking and independent research, rather than seeking emotional resonance within the community. It is recommended that everyone, when focusing on a project, directly consult its official documentation, technical architecture, team background, and other key information to form their own judgment.
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InvincibleGodOfWarAt
· 2h ago
Latest news: 🟠 Bitcoin enthusiasts and Tether CEO Paolo Ardoino stated that countries embracing #Bitcoin# can have a huge impact. He added that El Salvador's tourism industry has risen by 30% solely due to its support for Bitcoin. $BTC
#crypto#
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EuropeanEmperorVv
· 5h ago
Is today's rebound of Bitcoin showing a reversal, and how should we operate in the future?
Not a reversal, with 115,000 as the dividing line!
Looking at the entire September, Bitcoin rebounded from around 107,000 to around 118,000, then faced pressure and fell back to around 108,000, which means a fluctuation of about 10,000 within a month. If it couldn't hold above 118,000, are you still thinking about hitting a new high?
Last week saw a continuous big dump, with the 113,000 area serving as support during the transition period. Although today's big pump has warmed up the market, it still faces resistance at the 113,000 level, not to mention the strong pressure from 115,000/118,000 above.
Holding above 110,000 has relatively slowed down the downward trend, but the overall trend still leans bearish. Recently, the short-term movement has lacked continuity, with large fluctuations up and down, so Yingjie still insists on a main bearish and auxiliary bullish strategy. #BTC#
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Bkri666
· 5h ago
The market is bullish 🐂
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Shawama
· 11h ago
JUST IN: 🟠 Bitcoiner and Tether CEO Paolo Ardoino says countries embracing #Bitcoin# can make a huge difference. He added that El Salvador tourism increased 30% just because they supported Bitcoin. $BTC
#crypto#
Reply0
Aziz2030
· 11h ago
Bull Run 🐂Ape In 🚀HODL Tight 💪1000x Vibes 🤑DYOR 🤓
Bull Run 🐂Ape In 🚀HODL Tight 💪1000x Vibes 🤑DYOR 🤓
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Heeralal
· 12h ago
After rate cut in October how market react
Reply0
Nesterpnyi
· 13h ago
Great analysis, it should be taken into account. Thank you for the information.
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P.W.Anderson
· 13h ago
#The Digital Money Market Recovers Recently, the fluctuation in $XPL price has sparked widespread discussion. Upon investigation, the so-called "unfavourable information" that confuses many investors actually stems from a certain industry opinion leader ( KOL ) claiming that the project has no affiliation with Tether, and accusing it of merely promoting old news.
In the face of this situation, I believe that as participants in the crypto market, we should cultivate the ability to independently research projects, rather than making decisions based solely on snippets from social media. In the Blockchain field, blindly trusting the opinions of others without conducting in-depth investigation and analysis is as inadvisable as randomly searching symptoms on the internet for self-diagnosis when ill.
Blockchain investment requires rational thinking and independent research, rather than seeking emotional resonance within the community. I recommend that when following a project, one should directly consult its official documents, technical architecture, team background, and other key information to form one's own judgment.
View OriginalReply0
GateUser-a3ddf57e
· 14h ago
When issuing coins, they don't come out to clarify, but after harvesting, they come out pointing fingers, a standard case of playing people for suckers.
#Digital Money market rebounds Recently, the price fluctuation of $XPL has sparked widespread discussion. Upon understanding, many investors are confused by the so-called "Unfavourable Information" that actually stems from a claim made by a certain industry opinion leader ( KOL ) stating that the project has no relation to Tether, and accused that this is merely a hype of old news.
In the face of this situation, I believe that as participants in the crypto market, we should cultivate the ability to independently research projects, rather than making decisions based solely on snippets from social platforms. In the blockchain field, blindly trusting others' opinions without conducting in-depth investigation and analysis is just as unwise as casually searching for symptoms online and self-diagnosing when one is ill.
Blockchain investment requires rational thinking and independent research, rather than seeking emotional resonance within the community. It is recommended that everyone, when focusing on a project, directly consult its official documentation, technical architecture, team background, and other key information to form their own judgment.