Chicago Fed National Activity Index for July in the United States

The market looks like a SpaceX rocket: straight to the sky . 1.#HOLD# - 2.#HIVP# - 3.#MULTI# - 4.#ISME - 5.#GOV#

Unified response: 1. The official staking of wld is an annualized 10%, but each account can only hold 500. The number of accounts can be researched by everyone. 2. Every time I have some spare money, I always increase my position, but indeed the price always drops after I do… This time seems no exception. 3. This round of the bull market will mainly be an ETH bull market, just like the last round was for BTC... Other air coins don’t have much potential, so don’t expect too much; being content with 3-5 times is enough. WLD is currently developing normally, but the progress is too slow; the expectation for this round is about 5 dollars. Dogecoin still has hope, with a large circulation and strong consensus. For those with big funds, betting on ETH is relatively stable, while those with smaller funds can gamble on Dogecoin and WLD.

Recently, various indicators for market top escaping have been circulating, most of which have exceeded the warning line. A well-known saying is that when Bitcoin's market share breaks 65%, it is a danger signal. However, this oversimplified judgment may mislead investors, and we need to analyze different situations more deeply. First, many indicators are originally designed for Bitcoin. If Bitcoin's market share rises to a high level while other cryptocurrencies remain relatively stagnant, it may indicate that funds are about to flow into Ethereum and other altcoins. For investors holding Bitcoin, taking moderate profits at this time is something to consider. Secondly, we need to consider the market cycle. In the later stages of a bull market, altcoins often have already experienced a round of increases, at which point Bitcoin's market share is usually low. As the market approaches its end, Bitcoin's market share may rise back to high levels, which could be due to a significant drop in altcoins or a final wave of Bitcoin clearing shorts. For Bitcoin holders, this could also be an opportunity to sell. However, it is important to note that if Bitcoin's market share reaches 65% in the early stages, rashly liquidating positions may result in missing out on the rise of altcoins. In the later stages, when Bitcoin's market share returns to 65%, many altcoins may have already significantly declined, and acting based on this indicator at that time may be too late. Therefore, simply taking "Bitcoin market share of 65%" as a signal to escape the top is not comprehensive enough. As for some more aggressive price prediction indicators, they are not very meaningful in the current market environment, so I will not elaborate further. It is important to emphasize that all market indicators have a certain degree of lag, and combined with the unpredictability of sudden events, these indicators can only be used as references. When making trading decisions, we should analyze various data from multiple perspectives, as this is at least much more reliable than blindly betting. In the ever-changing cryptocurrency market, it is crucial to maintain a clear mind and a comprehensive analytical perspective.

Recently, the crypto assets market has experienced severe fluctuations, catching many investors off guard. Faced with unrealized losses in their holdings, many feel uneasy. However, please remember, you are not alone in this battle. In such a situation, it is crucial to remain calm. Panic will only lead to poor judgment and wrong decisions. The market is like the changing of the seasons; the gloom will eventually dissipate, and the sun will shine again. In the face of the current market environment, the wisest approach is to objectively analyze one's investment portfolio and develop reasonable response strategies. Each investor's situation is different, so it is necessary to find the most suitable solution based on individual circumstances. Remember, there are always opportunities and challenges coexisting in the market. Maintaining rational thinking and making prudent decisions often leads to finding a breakthrough in adversity. Adhering to a long-term investment philosophy and focusing on the fundamentals of projects are effective methods to navigate through periods of market volatility. Despite the current severe situation, as long as we maintain patience and confidence, the day will come when the market warms up. In the meantime, it is worth taking this opportunity to deepen our understanding of blockchain technology and the crypto assets market, preparing thoroughly for future investment decisions. Remember, in the world of investment, opportunities always coexist with risks. Stay calm, analyze rationally, and respond flexibly; this will ultimately help you find your own foothold in this challenging market.

On August 26, the cryptocurrency market experienced severe turbulence, with the prices of Bitcoin (BTC) and Ethereum (ETH) both showing significant falls. This wave of decline originated from the chain reaction caused by the sluggishness in the U.S. stock market, leading to a panic sentiment in the cryptocurrency market. In terms of Bitcoin, the price has fallen below the important daily support level of $1104. Technical indicators show that the MACD dual lines on the four-hour chart have crossed below the zero line, and the trading volume has significantly shrunk, indicating a possible continued decline in the short term. Investors should closely monitor the price movement in the $1102-$1107 range; if the four-hour candlestick can close above $1107, it may temporarily halt the downward trend. However, if the downward trend continues, the next support range may be at $1063-$1072. The fall of Ethereum is more severe, with a daily candlestick directly breaking through two important daily support levels. The trends across various time frames are all showing a downward trend. In the short term, $4387 will become a key resistance level for a rebound. Only if the four-hour candlestick closes above this level, will it be possible to reverse the current downward trend. Currently, market sentiment is leaning towards pessimism, and investors need to remain vigilant and operate cautiously. It is advised to closely monitor market changes and set reasonable stop-loss positions to control risks. At the same time, be aware of potential oversold rebound opportunities. In this market environment, investors should remain calm and avoid blindly following trends. By reasonably analyzing market movements and formulating investment strategies based on their own risk tolerance, they can steadily progress in the highly volatile encryption currency market.