TrungHieuSG

ABOUT ME TRUNGHIEUSG
I live in Vietnam, the first generation 9X.
My articles don't talk much about the market, market trends. Not much is said about technical analysis either.
My article is mainly about human feelings, trading experiences that go over the years. My personal trading experience and reaction.
Please see these articles as Blogs. A breath of fresh air. Read and feel it, like entertainment. No need to worry too much about technique.
What I can give you is inspiration, perspective, experience through the years.
Sometimes I'll give you the order codes I enter. What you need to do is c

US lawmakers debate the role of cryptocurrencies in banking
According to Odaily, US representative Ann Wagner criticized the previous Biden administration in a congressional hearing focused on 'banking the unbanked' in cryptocurrencies. Wagner accused the previous administration of attempting to isolate the cryptocurrency industry from the economy. She emphasized that regulatory agencies should not pick winners and losers based on the current president's political preferences. Wagner argued that individuals conducting legitimate business activities should have access to banking services, and b

Human Rights Organization accepts Bitcoin donations to support global initiatives
According to Foresight News, the Human Rights Foundation has donated 7 Bitcoin, worth approximately $706,000, to 20 Bitcoin developers and projects. This initiative aims to support technology education, independent media, decentralized mining, and private financial solutions for human rights organizations. The funding primarily focuses on countries and regions in Latin America, Asia, and Africa.
The fund's efforts are aimed at empowering individuals living under authoritarian regimes by providing them with the ne

Goldman Sachs' economist predicts that the Federal Reserve will cut interest rates in 2025.
According to Odaily, Goldman Sachs Chief Economist Jan Hatzius still believes that the Federal Reserve will follow its previous guidance to implement two interest rate cuts by the end of the year. This expectation is particularly reinforced by the weaker-than-expected employment report released last week. Hatzius predicts that this trend will continue into the first half of 2025.
In the report released last Sunday, Hatzius declared, "We expect the Federal Reserve to carry out four consecutive interest r

Pakistan proposes amendments to legalize cryptocurrencies
According to Odaily, the Pakistani government has proposed amending the State Bank of Pakistan (SBP) Act, signaling a potential shift in the country's financial policy towards legalizing cryptocurrency. The proposed changes would empower the SBP to issue digital currency and manage the country's currency in both physical and digital forms. Additionally, the amendments would authorize the SBP to conduct Central Bank Digital Currency (CBDC) activities, allowing CBDC to function as a legal tender.
The central bank also plans to establish a

The information for this November has a significant impact on the price trend of $BTC :
1. The Fed meeting on November 6-7: Inflation has not decreased as expected and the pace of economic recovery is still slow, so there may be many surprises at the meeting on November 6-7.
2. The U.S. presidential election on November 5, 2024. All results are leaning towards Trump, and I also hope Trump wins. However, if something unexpected happens, it could be quite dangerous.
3. News about the U.S. national debt is quite high and dangerous: The U.S. National Debt has increased by $473 BILLION over the las

The US Stock Market Opens Lower As Core PCE Index Higher Than Expected
According to BlockBeats, on October 31, the U.S. stock market opened sharply lower due to the Core Personal Consumption Expenditures (PCE) index being higher than expected. The Dow Jones Industrial Average opened down 0.44%, the S&P 500 down 0.75% at the opening, and the Nasdaq Composite started the day with a 1% decline.#BTC #ETH

The US non-farm payroll report will impact the upcoming Federal Reserve policy meeting.
According to Odaily, the US non-agricultural wage report, which is expected to be released this Friday, will be the last employment market report before the Federal Reserve's policy meeting next week. However, this data is expected to be difficult to interpret. With inflation approaching the Federal Reserve's target, officials are now focusing more on the cooling labor market. Earlier this month, Federal Reserve Governor Christopher Waller said the job report was "not easy to read," but he predicted that th

The elections in Austria and Georgia show little focus on cryptocurrencies
According to CoinDesk, politicians in Austria and Georgia did not emphasize cryptocurrencies to influence voters in their recent elections, unlike the approach seen in Japan. In Georgia, the ruling Georgian Dream party won the most votes, while the far-right Freedom Party of Austria emerged victorious in the parliamentary elections.
Contrary to other countries, political leaders in Austria and Georgia did not engage in the global cryptocurrency policy debate to influence voters. Austria, like other European Union countr

Recently, the pump trend is the market leading the consumption of positive information based on expectations of Trump's election. Once short-term positive information is released, the price will rise and then fall again. However, if Trump wins, the medium-term trend will be positive. Conversely, the price will continue to decline sharply. There is no need to speculate on where the market will go, we just need to always be ready to face any situation. Practice is better than theory, and experience is the best teacher.
The short period before the high volatility is due to the undetermined electi

Tesla transfers Bitcoin to a new wallet amid market speculation
According to PANews, Tesla recently transferred its holdings of Bitcoin to a new wallet, marking the company's first asset movement in over two years. Although such activity on the chain is often seen as a signal for potential sales, no transactions have been observed on the exchanges so far. This suggests that Tesla may just be adjusting its Bitcoin custody agreements.
Analysts note that Bitcoin accounts for only a small portion of Tesla's balance sheet, representing 2.31% of the company's total cash and investments, amounting to

Short $BTC
Open (Entry): $67.342
Closing remarks:
- TP1: $66.636
- TP2: $66.318
- TP3: $65.828
Leverage: Up to you.
Stop loss $67.989
This is just a personal opinion and not investment advice, so please consider carefully before you put your hands on the keyboard and make a decision.
Good luck 👍🏿
#BTC #ContentStar #shortbtc #GateioInto11

In my opinion, November is a month where unexpected changes often occur.
So I am very afraid of November
So what information in November this year has a significant impact on the price of $BTC :

1. The Fed's meeting on November 6-7: Inflation has not decreased as expected and the pace of economic recovery is still slow, so there may be many surprises at the meeting on November 6-7.
2. The U.S. presidential election on November 5, 2024. All results are leaning towards Trump, and I also hope Trump will win. However, if there is any unexpected event, it will be quite dangerous.
3. News about the

The US Department of Justice warns Musk's super PACs of potential legal violations
According to BlockBeats, on October 24, a CNN reporter revealed on social media that the US Department of Justice had issued a warning to Elon Musk's Super Political Action Committees (Super PAC). The letter from the Department of Justice warned that the $1 million daily funding provided by these Super PACs may violate federal law.
The Department of Justice's statement highlights concerns about the legality of significant financial contributions made by Musk's Super PACs. This development underscores the ongoing

SEC Will Include Crypto in the Core Exam List in 2025
According to Odaily, Fox Business reporter Eleanor Terrett revealed on platform X that the U.S. Securities and Exchange Commission (SEC) will include cryptocurrencies in the core list of the 2025 exam. Terrett noted that the only cryptocurrencies currently interacting with the SEC as managing units, rather than enforcement roles, are Bitcoin (BTC) and Ethereum (ETH) ETFs.
#BTC #ETH #SEC⁩ |#

The final $BTC exam is here!
$69K—Paradise or Hell?
With 101 million dollars in short orders compared to 293 million dollars in buy orders, who is about to go bankrupt?
Secure your seat belts, folks - Bitcoin is about to face its biggest challenge ever. The $69K level has become the battleground for the life-and-death struggle between buyers and sellers.
According to the latest data, if BTC breaks the $69K level, short sell orders on major stock exchanges will be wiped out—nearly $101 million in liquidation funds are imminent. Imagine the panic—the sweaty palms and racing hearts among short se

The European Central Bank predicts weaker economic growth
According to BlockBeats, on October 17, European Central Bank President Christine Lagarde announced the latest data showing that economic growth is expected to weaken further. The survey also shows a slowdown in employment growth.
Expected inflation is expected to decrease next year. The risk to economic growth is trending downward.#BTC #ETH