The situation of alts SOL

Several positive news have recently surfaced for the altcoin SOL. One is that SOL has launched a staking ETF, which provides an additional way to invest in SOL. Additionally, the Robinhood platform has started enabling trading of SOL on the US stock chain, which strengthens SOL's position in the public chain, and it may see good development in the near future.

From the price trend, SOL had been falling for a long time, but recently it has started to increase with a significant volume. A large bullish candle has covered the previous bearish candles, and the trading

BTC market trends and operational methods

The BTC price previously formed an arc top and then broke below that pattern. In theory, the price range of 104,000 - 105,000 is a relatively strong support level that can prevent the price from falling. Now, it feels like it won't drop much in the short term. From the daily chart, the price has halted its decline at the middle line of the Bollinger Bands and is starting to rebound, with a small tail under the candlestick, resulting in a bullish candle. Moreover, the RSI indicator looks like it has the potential to cross upward, indicating that it ma

After Powell spoke last night, it was once again confirmed that the likelihood of a rate cut in July is very low, and confidence for a rate cut in September has increased.

Analysis of the cryptocurrency market situation in the third quarter from a professional perspective

As the third quarter approaches, the market widely believes that this quarter will become a key turning point for the cryptocurrency industry.

1. Potential favorable factors

1. Interest Rate Cut Expectations: There is a high probability of interest rate cuts in September. Interest rate cuts typically increase market liquidity, allowing more funds to flow into various investment markets. As a part of the investment field, the cryptocurrency market is expected to benefit from this, injectin

BTC Technical Analysis

1. Weekly Situation: This week, BTC's weekly candlestick formed a medium bullish line, with the price gradually oscillating upwards. However, from the overall pattern, there is still the possibility of a double top forming, and this possibility has not been ruled out yet. It's like setting up a structure that might form a double top, which has not been dismantled.
2. Daily Situation: Yesterday, the daily K-line for BTC closed with a bearish candle at the resistance position, ending the previous three consecutive bullish candles that rose from the bottom. Moreover, the

BTC Macroeconomic Matters

1. The US Consumer Price Index is about to be released: At 8:30 PM tonight, the US will announce the year-on-year core PCE price index for May. This index is very important as it helps to see how prices are rising in the US, and it may also have an impact on the price of BTC. If the index is low, it could be good for BTC, as people may be more willing to invest their money in assets like BTC.
2. BTC options are expiring: Today, there are BTC options worth $15 billion set to expire. A major pain point is that if the BTC price reaches $102,000, many buyers and sellers

BTC technical analysis, understandable to the general public

1. Daily situation: Yesterday, BTC formed a small bullish candle on the daily chart, but the volume was much lower than the previous day, almost halved. This needs to be taken care of, as the price may change direction in the short term. Although the price has increased slightly, breaking above the downtrend line and reaching the Fibonacci 0.618 reversal level, the magnitude of the candlestick rise and the volume are not strong enough.
2. Judging the future trend: If there is no strong bullish candlestick next, and the trading volu

BTC fundamentals interpretation

1. Interest rate related: Powell has spoken, he thinks it is unlikely to cut interest rates in July, there is no need to be so anxious. By this implication, interest rates are likely to remain unchanged in the near future. Let's pay more attention to the second half of the year and see if there is an opportunity for a rate cut.
2. Fund Entry: Bloomberg reported that a family office in Hong Kong, managing $4 billion in assets, has entered the cryptocurrency field for the first time. This indicates their optimism about the industry's prospects, prompting off-exc

Technical Analysis of ETH: Making it Understandable for Everyone

1. Weekly Situation: On the weekly chart, ETH has formed a large bearish candle, which pierced through the middle band of the Bollinger Bands (BOLL) at its lowest point. However, by the end of the session, the price returned above the middle band. This week, we need to focus on the strength of ETH's rebound and whether the middle band can support the price. This middle band position, in conjunction with previous lows and the earlier high consolidation range, has a structural support role.
2. Daily Situation: On the daily chart,

Interpretation of BTC technical analysis that ordinary people can understand.

1. Daily situation: Yesterday, there was a large white candle on the daily line of BTC, which crossed several negative candles at once, which is too strong. And the volume and price are also very well coordinated, very healthy. Why the rebound? This is the result of fundamentals and technicals working together. On the one hand, the geopolitical situation eased, on the other hand, the KD indicator was oversold before, and the long lower shadow appeared before the K line, which supported the price, so it rose.
2. Key

BTC macro matters

1. Geopolitical Situation: Trump said that Israel and Iran have fully negotiated and are ready for a complete ceasefire. However, the Iranian foreign minister stated that a genuine ceasefire agreement has not yet been reached, although Iran is willing to move towards that step. As you can see, their statements are different. But anyway, in terms of geopolitics, there seems to be a period of easing in the short term, and people’s tolerance for risk has also increased.
2. Big moves by the Texas government: The government of Texas plans to spend $10 million to buy Bitcoin. Thi

BTC Technical Analysis:

1. Weekly situation: This week, BTC's weekly chart closed with a medium-sized bearish candle. However, did you notice that although the price has fallen, the trading volume did not increase significantly, and there was no panic selling situation where everyone was frantically dumping their assets. Looking at the KD indicator on the weekly chart, it has started to pull back from a high position, which is consistent with normal technical trends.
2. Daily situation: On the daily chart, after the price fell, it formed a candlestick with a long lower shadow, with the low p

Let's talk about macroeconomic issues.

1. Key points to focus on this week: This week, many officials from the Federal Reserve will be speaking, and the most anticipated is Powell's speech on Wednesday, so make sure to listen closely to what he has to say. In terms of data, the core PCE price index to be released on Friday is very important, as it can reflect a lot of economic conditions.
2. The relationship between oil prices, inflation, and interest rate cuts: Analysts at Bloomberg Economics mentioned in a report that the current geopolitical situation is complex, coupled with the expirati

Let's talk about the current market and BTC trends.

The situation of this war is getting more and more intense, and everyone can imagine that the capital market must be in turmoil. At times like this, it's best to stay away if you can. Trading is not like a sprint race that ends in an instant; it's more like a marathon, and it takes time.

Let's talk about the situation of BTC:

- Weekly level: Keep an eye on those lows to see if they will be taken over by bears again, and the area where the buying power is unbalanced, will it be broken down? If it breaks down, the situation may not be ver

ETH Technical Analysis:

1. Yesterday's K-line and volume situation: Yesterday, the K-line of ETH formed a doji, and the trading volume shrank. However, the degree of volume contraction is not as severe as before. This requires caution, as the trading volume might suddenly increase in the short term, leading to price changes, which is known as a trend reversal.
2. Weekly situation: This week, ETH is about to close the weekly candle. So far, the weekly candle has been in the high range of 2300 - 2800, and has closed with a doji for 6 consecutive weeks. During this period, there was also a long

Macroeconomic Matters

1. New developments on platform X: The big boss of company X has said that users will soon be able to invest or trade on platform X, feeling that new tricks can be played on this platform in the future.
2. Actions of Trump's company: Trump's company has secretly reduced its stake in the crypto project WLFI. It's unclear why they did this, and we are not sure if there is some underlying intention behind it.
3. Login credential leak scandal: Big companies like Apple and Google have had 16 billion login credentials leaked. This is serious, and it has made people in the cry

BTC Technical Analysis: Ordinary People Can Understand

1. Daily situation: The BTC daily candle looks a bit like a doji bullish candle. What does this indicate? It means that the recent short-term price fluctuations are becoming smaller. You see, in the past two days, the price lows are almost on the same level, as if they are flat bottoms, which feels like it's consolidating or building up strength.
2. Trend Formation: From an overall perspective, it has formed a triangle pattern. It is still early for this triangle to reach its peak, so in the short term, the price is expected to fluctuate

Let's talk about macro issues.

1. Data aspect: The Federal Reserve did not change interest rates. Federal Reserve Chairman Powell stated that prices are expected to rise significantly in the coming months, which implies that rate cuts may not happen as quickly in the future. This attitude is somewhat strict, which is what we refer to as "hawkish."
2. US Stock Market: The "MicroStrategy Effect" has been quite a sensation in the US stock market, with 30 companies buying cryptocurrency as reserve assets, resulting in an average stock price increase of 4 times! Because of this, crypto projects h