Today is the 439th day of my dynamic posting, without a single day of interruption. Each post is not done half-heartedly, but is prepared with care. If you think I am a serious person, you can walk with me, and I hope the content each day can help you. The world is big, and I am small, so please follow me to avoid difficulty in finding.
Recently, Bitcoin and Ethereum haven't had much highlight, and the market is dull, but the altcoin market is quite lively. SOL has once again taken up the banner of the altcoin leader, driving a wave of "small bull" structural market. Moreover, the beautiful Ministry of Commerce actively aligns with Trump's crypto strategy, and GDP data is directly on-chain! The first batch of nine cooperating chains includes: BTC, ETH, SOL, TRON, XLM, AVAX, ARB, POL, OP. On the oracle side, LINK and PYTH have been officially announced. The market had long anticipated LINK, so there wasn't much movement, while PYTH doubled directly, steadily sitting as the "Oracle Dragon No. 2". This move by the Ministry of Commerce not only gave PYTH a boost but also basically locked in the future landscape of public chains. From this perspective, the Ministry of Commerce is providing a strong dose of confidence. As long as Trump is in office, favorable news is likely to keep emerging.
ETH has been relatively stable in the past few days, but the on-chain capital has not stopped. Institutions are completing the turnover, and the overall holding cost has increased, which is a great benefit for a strong breakout in the future. In the long run, ETH is tied to stablecoin legislation and RWA, and reaching ten thousand dollars is just a matter of time. On the counterfeit front: WFLI broke 0.3 again last night, not far from issuing coins. Personally, I believe that 0.3-0.4 is a reasonable range, and it shouldn't be a problem to stabilize above 0.4 in the long term. The reason is simple - although USD1 didn't seize the first-mover advantage, it has resource advantages for the next four years, and the most important thing in the financial track is "license". Coupled with past practices, a 40 billion FDV is really not considered high.
I was in Changzhou, Jiangsu these past two days, and last night I went out to take some night scenery photos, which turned out to be quite beautiful.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
36 Likes
Reward
36
14
Repost
Share
Comment
0/400
ShiFangXiCai7268
· 09-01 02:30
Just go for it💪
View OriginalReply0
Wesleyoph
· 09-01 01:13
Bull Run 🐂
Reply0
Wesleyoph
· 09-01 01:13
Bull Run 🐂
Reply0
VILOBLOKM
· 09-01 00:54
very very Bullish about it
Reply0
FlightAttendant_SG
· 08-31 16:19
[Analysis: The fate of the U.S. stock market depends on the next 14 trading days, with key economic events set to follow] Jin10 data reported on August 31, in the coming weeks, the U.S. stock market will enter a critical period that will determine whether the latest rebound can continue. Employment data, key inflation indicators, and the Fed's interest rate decision will be announced successively over the next 14 trading days, setting the market tone for investors. The current stock market seems to be at a crossroads: the S&P 500 index has just recorded its weakest monthly rise since March, and September has historically been its worst-performing month. At the same time, market fluctuations have almost disappeared. The VIX, a volatility index, has only touched the critical level of 20 once since the end of June. "It is correct for investors to remain cautious in September," said Thomas Lee, head of research at Fundstrat Global Advisors. "The Fed is re-opening a moderate rate-cutting cycle after a long pause, making it difficult for traders to determine their positions." This bullish analyst on the U.S. stock market expects the S&P 500 to fall by 5% to 10% this fall, before rebounding to between 6800 and 7000 points. ( from Jin10 data APP )
View OriginalReply0
囤主流享自由
· 08-31 15:22
"Classic Trading Volume Mnemonics" Buy horizontally, buy in the pit, not vertically; the selling point is where the market is boiling. Continuous small rises are real rises; continuous big pumps require exiting the market. A sharp fall with no volume is intimidation; a slow fall with higher trade volumes means to withdraw quickly. A significant surge needs a pullback; don’t dig deep pits, don’t buy heavily.
Today is the 439th day of my dynamic posting, without a single day of interruption. Each post is not done half-heartedly, but is prepared with care.
If you think I am a serious person, you can walk with me, and I hope the content each day can help you. The world is big, and I am small, so please follow me to avoid difficulty in finding.
Recently, Bitcoin and Ethereum haven't had much highlight, and the market is dull, but the altcoin market is quite lively. SOL has once again taken up the banner of the altcoin leader, driving a wave of "small bull" structural market. Moreover, the beautiful Ministry of Commerce actively aligns with Trump's crypto strategy, and GDP data is directly on-chain! The first batch of nine cooperating chains includes: BTC, ETH, SOL, TRON, XLM, AVAX, ARB, POL, OP. On the oracle side, LINK and PYTH have been officially announced.
The market had long anticipated LINK, so there wasn't much movement, while PYTH doubled directly, steadily sitting as the "Oracle Dragon No. 2". This move by the Ministry of Commerce not only gave PYTH a boost but also basically locked in the future landscape of public chains. From this perspective, the Ministry of Commerce is providing a strong dose of confidence. As long as Trump is in office, favorable news is likely to keep emerging.
ETH has been relatively stable in the past few days, but the on-chain capital has not stopped. Institutions are completing the turnover, and the overall holding cost has increased, which is a great benefit for a strong breakout in the future. In the long run, ETH is tied to stablecoin legislation and RWA, and reaching ten thousand dollars is just a matter of time.
On the counterfeit front: WFLI broke 0.3 again last night, not far from issuing coins. Personally, I believe that 0.3-0.4 is a reasonable range, and it shouldn't be a problem to stabilize above 0.4 in the long term. The reason is simple - although USD1 didn't seize the first-mover advantage, it has resource advantages for the next four years, and the most important thing in the financial track is "license". Coupled with past practices, a 40 billion FDV is really not considered high.
I was in Changzhou, Jiangsu these past two days, and last night I went out to take some night scenery photos, which turned out to be quite beautiful.
( from Jin10 data APP )
Buy horizontally, buy in the pit, not vertically; the selling point is where the market is boiling.
Continuous small rises are real rises; continuous big pumps require exiting the market.
A sharp fall with no volume is intimidation; a slow fall with higher trade volumes means to withdraw quickly.
A significant surge needs a pullback; don’t dig deep pits, don’t buy heavily.