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This was purely the market being in a good mood and casually tossing out some gold coins, one of which just happened to hit me on the head. 💰
During the repeated intraday swings, $BTC moved sideways at the bottom around 78263.6 for ages. Volume kept shrinking, but the price simply wouldn't fall. I thought to myself: someone is defending the bottom, so what is there to fear? Go long. While everyone else was guessing the direction, I chose to read the chart and not guess.
Now it has risen to 79414.7, with returns at +205.77%—it feels great. But don't just look at the result; those who couldn't
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JUST IN: 🇨🇦 Canada loses 41,700 jobs in August as trade war with the US continues.
$Lucia very gud tek
TcnKFgDZc6RhAz83JHHbWeZ5wLc2at8iHK6FhsxkTLh
Take Two GTA verification coming shoon buy now before it heads to $10 million
#crypto #memecoin
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——The market narrative changed again tonight after shifting last night. At 20:30 Beijing time on Friday, the most important data release of the week came out:
- U.S. August nonfarm payrolls rose by 162,000 (previous: -23,000; market expectation: 56,000)—for the market, 40,000–60,000 would have been just right. Too strong would further raise rate-hike expectations; too weak could push the narrative from “bad news is good news” further toward growth concerns.
- Unemployment rate: 4.1% (previous: 4.1%; market expectation: 4.1%)
First, the figure was nearly three times market expectations, making
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Ukraine
Who will visit Ukraine by December 31?
Jared Kushner
97%1.04x
Steve Witkoff
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$9.53K 24H+13 more
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🚨 Kalshi just hit pause on betting over its own Supreme Court fate due to a looming $500K fine from Michigan! 🤔 Is this a smart move for the prediction market? $KALSHI #CryptoRegulations
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The latest US jobs data just made the Fed outlook more interesting.
Unemployment came in at 4.1%, right in line with expectations, while the economy added 162,000 jobs in August versus just 55,000 expected.
That tells us the labor market is still holding up better than expected.
Now the focus shifts to inflation.
If next week’s inflation data stays hot, especially with oil prices moving higher, the Fed may have more room to keep rates higher for longer or even consider another hike.
For markets, the next inflation print could be the real trigger.
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A suddenly added event
Thanks, @pudgypenguinsCN, for hosting
Thanks for the invitation, beautiful @JYdmnLFG
I’m done playing gold—go bet on live sports instead.
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#BTC 📈
Something like this for $BTC wouldn't surprise me.
If we spent more days above 80k and take out 83k high, people will get more bullish, so a bit of clean of late longs is on the table 🐂
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BTC-2.13%
After the U.S. stock market opened in the evening, it traded sideways. Overnight, the bears moved slowly lower amid oscillations. Although the lows are being refreshed, the momentum has weakened. Another test would target the daily candlestick body support ahead, which has not yet been broken. The four-hour Bollinger Bands have also just held, so the dual support should be relatively strong. A breakdown is unlikely, so a rebound is still expected. The long position at 793 can continue to wait.
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Crypto Market update
live-cover
LIVE2,164
🇺🇸 TRUMP: CUT INTEREST RATES OR WE STOP TRADE!
Trump demanded the Fed to immediately cut interest rates.
He threatened to stop trade with countries having a trade deficit if the rates are not cut.
$SYM
The falling wedge consolidation continues. Positive divergence is starting to form at the bottom
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Bitcoin: $79,000
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BTC-2.13%
25% a year turns $1,000,000 into $61,000,000.
11% turns that same million into about $8 million.
Same money. Same years. That gap is $53 million & it comes down to one thing... whether your collateral was allowed to work.
This is the cash secured put vs portfolio secured put.
A base of $VOO & $Q does the 11% on its own on average in the long run. That part's easy & almost nobody argues with it.
The other 14% ish comes from selling puts with my base portfolio securing it, not cash.
Same money. "Two returns." Not collecting margin interest. Ratios always in check to be fine in DEEP crashes.
That
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VOO+0.03%
🚨 $DASH ROCKETS +35% TO $54.61, THEN GETS SLAMMED Blow-Off Top Incoming?
Dash just staged an insane vertical breakout from its $40 base, tearing straight up to a fresh high before getting hammered with heavy red rejection candles. The parabolic move has clearly stalled at the top, and with price now sliding off the peak, sellers look ready to take back control.
Signal Block
- Pair: $DASH /USDT
- Type: SHORT
- Leverage: 7x
- Entry Zone: $49.50 – $51.00
- Take Profit:
TP1 $47.50 +24.5%
TP2 $45.00 +42.9%
TP3 $42.56 +59.9%
TP4 $40.53 +75.0%
- Stop Loss: $52.50
$DASH ‌#Gate60MillionUsers
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$BTC - #Bitcoin: Welcome to the new bull market. We are almost there.
How was the bear? It was a nice one. Made some good money + traveled some.
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Today, BTC put on a textbook roller coaster ride, first soaring to heaven before dropping back to earth.
During the day, it charged ahead, climbing from $77,000 all the way to $82,262, up more than 4% in 24 hours, with bulls shouting, "The $80,000 level is secure."
Then the market flipped completely as soon as the U.S. August nonfarm payrolls data came out—from $81,600 to below $79,800 within minutes, wiping out $2,400 in an instant. The $80,000 level was breached just like that.
Why could one employment report send Bitcoin crashing?
Because the numbers were too good: 162,000 jobs were added,
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Starting with 100 U, 20 U at the end of each workday
Day 1 completed $XAUUSD
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