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Guys, as soon as the market starts moving, I’ll come right over to discuss the market action with everyone. Ethereum has been grinding sideways within a narrow range for quite some time, with no clear overall trend, while market liquidity is also severely lacking. This prolonged consolidation has built up a large number of positions, and the eventual breakout direction will depend on the battle between bulls and bears around these concentrated positions.
The broader market environment has remained quite sluggish, with no new capital entering the market. Given that existing capital is simply tr
ETH0.68%
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WakeUpAfterStandbyMode:
Just go for it 👊
JUST IN: CPI release sparked a short-term rally in the USDX, pushing it toward 99.85. If momentum persists, higher dollar pressure could weigh on risk assets including crypto. $DXY
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#GoldBreaks4400USD
Gold Breaks Above $4,400 as Markets Reassess the Fed and Global Risk
Gold has pushed above the $4,400-per-ounce level, extending its latest rally and returning to the forefront of global macro markets. Spot gold reached approximately $4,434.84 per ounce on August 11, its highest level since June 5, before easing from the session highs. U.S. gold futures also moved higher, reflecting renewed demand for the precious metal.
The move comes at a significant point for monetary-policy expectations. Weaker-than-expected U.S. employment data has reduced some expectations for near-te
XAU0.76%
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🚨 BTC SHORT SETUP — PATIENCE IS THE KEY 🚨
Don’t rush the short yet. ⏳
My current view is that BTC may still need more time to complete the upside move toward the 67,788 zone before the bigger short setup becomes interesting.
🎯 Key zone: 67,788
📉 Potential plan: Watch for bearish confirmation around this area before entering a short.
⚠️ No blind entries — let the market come to our zone first.
The biggest mistake traders make is entering too early because they are afraid of missing the move.
Patience is part of the strategy. 🧠
If BTC reaches the expected zone, I’ll be watching price action
BTC-0.31%
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EmotionThermometer:
Honestly, there’s nothing wrong with this approach. Many people go short not because their direction is wrong, but because they enter too hastily, opening a position before the price reaches a key level, only to get stopped out repeatedly. My own experience is that you must wait for the price to reach around 67,788 and see whether there are signs of a halt in the rise, such as a 4-hour candle close, a wick pattern, or supporting volume, before deciding whether to enter. This significantly improves certainty. In any case, I’m no longer chasing trades and I’m not afraid of missing out; I’ll only act after confirmation. The stop-loss must be placed in advance—if there’s no invalidation, I won’t take the trade.
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Harry Chun Tak Yeh, better known as Harry Yeh, spent decades at the intersection of technology, finance and eventually crypto
Born in Hong Kong and raised in Canada after immigrating as a child, Yeh spent more than 15 years as CTO of Comet Computing from around 1998 to 2014 and later served as CTO and co-founder of several startups
His work spanned Fortune 50, 100 and 500 companies, hedge funds, internet startups and early dot-com businesses, while also actively trading stocks, options and currencies
Then in 2013, when Bitcoin was trading around $60, Yeh entered crypto
He founded Binary Fintec
BTC-0.29%
L3-4.61%
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#BTC On the Bitcoin one-hour chart, if a five-wave decline is developing, the starting point of Wave 2 and the high of Wave 4 cannot overlap in their candle bodies. In other words, the one-hour candle body must not close above 63,860, and the four-hour candle body must not close above 63,950. Even if there is an upward spike, do not chase a long position; wait for the candle to close. If the four-hour candle closes above that level, you can consider entering a long position.$BTC
BTC-0.31%
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My computer shut down for no apparent reason, forcing me to end the livestream. I'm working to recover it.
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SteadyAndReliableJunMo:
Oh dear, give it mouth-to-mouth resuscitation quickly😀
🚨 BREAKING: U.S. consumer prices rose 3.4% year over year, as elevated energy costs continued to keep inflation under pressure.
The reading highlights persistent inflation concerns and could factor into the Federal Reserve’s rate decisions.
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🚨 JUST IN: Fidelity, the $7 trillion asset manager, is moving to enable Ethereum staking and quarterly cash payouts for its spot ETH ETF. 👀🔥
Wall Street is getting deeper into Ethereum.
ETH1.14%
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It truly feels like a cycle has come to an end.
Economic cycles are not particularly astonishing; the cycle of power is the real cycle. Everything we have experienced has been nothing more than a small stroke of power.
That day, we talked about liking to walk through hutongs, and about the beauty of Beijing and the Second Ring Road. My card-playing companion said that every old building has its own story.
I said, yes, but not every old building has a story about power.
The green hills remain as before; how many times has the evening sun reddened?
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You can literally buy a $1B asset for just $34 million right now.
Tell me how this isn’t the most insane mispricing you’ve seen 😭 $UTYA
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🚨 Tether has lost nearly $4 billion in market cap in just 60 days! What does this mean for Bitcoin's rally potential? Fewer USDT could mean less buying power. Is the market nervous? $BTC #CryptoNews
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So you’re telling me you made millions of dollars trading meme coins and don’t spend your days with views like this?
Either you larping or have super greed pro max addiction to making money
Leave your screens touch some grass
MEME-1.36%
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CPI data tonight! Key signals in the bull-bear showdown
gate liveLIVE
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U.S. CPI data met market expectations, and U.S. stocks opened higher.
On August 12, U.S. stocks opened higher, with the Dow up 0.33%, the S&P 500 up 0.49%, and the Nasdaq up 0.9%.
Memory-chip stocks broadly rose, with SanDisk (SNDK.O) surging 6.9%, SK hynix (SKHY.O) rising 5.8%, and Micron Technology (MU.O) gaining 5.5%. #GateLaunchpool瓜分141万枚DOS $BTC
BTC-0.31%
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would you mint this Frog for $1?
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US stock $PLTR has recently rebounded all the way from its low, posting a terrifying gain of nearly 35% in a single month.
You could certainly say its earnings report was pretty good, but overseas users are currently more willing to believe:
Spider-Man helped promote it🤡
In the new film Spider-Man: Brand New Day, which premiered on July 31, Spider-Man uses a big-data surveillance and intelligence system extensively to catch the villain—one that is identical to Palantir’s real-world product.
Unlike previous films that reflected on how “surveillance violates privacy,” the film praises this sys
PLTR-2.93%
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JUST IN: No talks underway to extend the ceasefire, per Reuters citing a senior Iranian source. If tensions persist, risk-off moves could weigh on macro risk assets and related crypto sentiment. $BTC $ETH
BTC-0.29%
ETH0.69%
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Big news.🔥
I’m officially partnering with Gate 🤝
Gate has built a strong presence in the crypto space, with a wide range of trading products and opportunities for the community.
I’m excited to be working with them and bringing you more updates, campaigns, insights, and exclusive opportunities through this partnership.
If you’re looking for a crypto exchange to explore, you can check out Gate here 👇
More is coming.
Stay tuned.
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