Cryptocurrency News
September 7th Hot Topics:
1. JPMorgan: The demand for Ethereum ETF may seem weak, but it is not fair to compare it with Bitcoin.
2. Solana Foundation releases proposal to build open-source data tools for Solana.
3. New York judge requires SEC to provide some documents in the Coinbase case, but excludes Gensler's testimony.
4. New Android malware SpyAgent steals private keys, be careful if you use Android.
5. Argentina cracks down on money laundering through cryptocurrency, seizes stablecoins for the first time.
Trading Insights
It is recommended for brothers who have some money but not a lot to be patient and realize that having multiple platform channels for income is important. When you have money, you may feel that it is meaningless, but when you encounter a crisis, a stable cash flow will be your capital for turning things around in the future. Just like me, even though I am fully invested and my tokens have been halved, I am not worried at all. Even if there is a bear market for a few years or even if the cryptocurrency market crashes to zero, I have no debt and can still ensure a worry-free life every year as long as I am willing to work hard. There is still a possibility of a comeback. Don't put all your eggs in one basket, don't look down on small money. In recent years, I have seen too many people who had tens of millions in assets but ended up in debt or even struggled to maintain their livelihood. Some were deceived, some gambled, some failed in investments, and some had their contracts liquidated. They were all passionate and reckless at their peak, did not respect money, spent lavishly, did not plan, and looked down on small money, gradually leading to decline. Therefore, as long as there is an opportunity for me to create passive income and income while sleeping, earning tens of thousands or even just a few thousand more in a year, I will do it. Although it is not much, it is a guaranteed profitable endeavor. If you can see this, I suggest you take a good look at the platform pinned on my Twitter, it is worth allocating some of your energy to build your own passive income.
LIFE IS LIKE A JOURNEY ▲
Below are the real trading signals from the Da Bai Community this week. Congratulations to the friends who followed. If your trading is not going well, you can give it a try.
The data is real, and each signal has a screenshot taken at the time.
Search for the public account: Da Bai Lun Bi
BTC
Analysis
Yesterday, Bitcoin suggested entering long positions near 52600, and the entry at the lowest point is currently profitable. The key position to focus on next week is near 50500. If given the opportunity, seize it as there is potential for profit. The daily chart showed a downward trend yesterday, dropping from around 57000 to the lowest point near 52500, closing near 54000. The bottom support is near MA360, and buying on a pullback near this level is advisable. The upper resistance is near 55000, and a breakthrough could lead to a target near MA7. The MACD shows increasing bearish momentum. On the four-hour chart, the upper resistance is near MA7, and a breakthrough could lead to a target near MA14. The MACD shows signs of a bullish crossover. Short-term buying near 53350-52700 is possible, with a rebound target near 54800-55500.
ETH
Analysis
Yesterday, Ethereum suggested entering long positions near 2160, and the current position is profitable. The daily chart showed a downward trend, dropping from around 2410 to the lowest point near 2150, closing near 2225. There has been repeated testing of resistance near 2330, and building positions near 2160 on a pullback is advisable. The MACD shows increasing bearish momentum. On the four-hour chart, the upper resistance is near MA7, and a breakthrough could lead to a target near MA14. The MACD shows signs of a bullish crossover. Short-term buying near 2211-2160 is possible, with a rebound target near 2270-2330.
Disclaimer: The above content is for personal reference only and does not constitute specific trading advice, nor does it bear legal responsibility. The market situation changes rapidly, and the article has a certain lag. If there is anything you don't understand, feel free to ask for advice.
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