7.2 Bitcoin follows the decline of the US stock market. The Ethereum Community Foundation is established, dedicated to promoting the growth of ETH value.

CN
1 day ago

Cryptocurrency News

July 2 Hot Topics:

1. DeFi Development plans to privately issue $100 million in convertible bonds for stock buybacks and purchasing Solana.

2. Federal Reserve Chairman Jerome Powell: The vast majority of Federal Reserve members expect interest rate cuts later this year.

3. Trump states that Israel accepts necessary conditions for a ceasefire in Gaza and calls on Hamas to also accept the agreement.

4. The trading volume ratio of DEX to CEX futures has reached a historic high of 8%.

5. New York Attorney General Letitia James warns that the stablecoin bill could pose risks to Americans and urges for stronger regulation.

Trading Insights

After years in the cryptocurrency space, I have summarized 7 practical rules.

  1. Operational Common Sense: Help your wealth grow steadily!

  2. Practical Rule 1: In uncertain situations, maintain calm. During market volatility, avoid blind operations. Mature investors understand that "preserving capital is victory." Before the trend is clear, staying in cash and observing is the best choice; it’s better to miss short-term opportunities than to recklessly enter and lose money.

  3. Chasing Hot Trends: Quick battles lead to quick decisions. Popular coins often gain and lose heat rapidly; strict stop-loss settings are essential when participating in speculation. Once market sentiment shifts, exit immediately to avoid being the last one holding the bag.

  4. Market Activation: Hold firmly. When the market arrives, frequent trading can lead to missed opportunities. Maintain composure in the face of price fluctuations, allowing profits to grow naturally with the trend. Most successful cases prove that long-term holding yields higher returns than frequent trading.

  5. Massive Uptrend: Decisively take profits. Regardless of how much the price rises, a massive bullish candle usually signals that the main force is offloading. Exiting in time preserves profits; knowing when to sell is true investment skill.

  6. Moving Average Strategy: Trade scientifically. The moving average system is a reliable trading reference for retail investors. Strictly follow the "golden cross buy, death cross sell" rule to avoid being swayed by emotions. Using data to guide operations is more reliable than subjective judgment.

  7. Follow the Trend: Do not go against the current. Do not blindly guess the top during an uptrend, and do not easily catch the bottom during a downtrend. Going against market trends is akin to seeking risk; following the trend is fundamental for survival in the cryptocurrency space.

  8. Diversified Investment: Strictly control risks. Betting all in is a gambler's behavior; building positions in batches with stop-loss strategies can reduce risks. As long as the principal is safe, there will always be opportunities for recovery.

  9. Operational Common Sense:

  10. Activate Fee Rebates: Whether you are trading spot or contracts, activate fee rebates, as fees are the largest cost of trading; saving them is earning.

  11. Rebates + Strategy = Extra Earnings: Activating Binance's permanent rebate can yield permanent profits while enjoying premium strategies for stable trading gains.

LIFE IS LIKE

A JOURNEY ▲

Below are the real-time trades from the Big White Community this week. Congratulations to those who followed along. If your trades are not going well, you can come and test the waters.

Data is real, and each trade has a screenshot from the time it was issued.

**Search for the public account: *Big White Talks Coins*

BTC

Analysis

Bitcoin's daily chart fell from a high of around 107,500 to a low of around 105,200 yesterday, closing around 105,650. The support level is near MA60; if broken, it could drop to around 103,350. A pullback can be used to buy near this level. The resistance level is around 107,300; if broken, it could rise to around 108,500. A rebound near this level can be used to sell short. MACD shows a decrease in bearish momentum. The four-hour chart shows support near MA200; if broken, it could drop to around 104,800. A pullback can be used to buy near this level. The resistance level is near MA30; if broken, it could rise to around 107,800. MACD shows a decrease in bearish momentum.

ETH

Analysis

Ethereum's daily chart fell from a high of around 2,500 to a low of around 2,385 yesterday, closing around 2,405. The support level is near 2,345; if broken, it could drop to around MA90. A pullback can be used to buy near this level. The resistance level is near MA200; if broken, it could rise to around 2,615. A rebound near this level can be used to sell short. MACD shows a flat oscillation with dual lines converging. The four-hour chart shows support near MA60; if broken, it could drop to around 2,365. A pullback can be used to buy near this level. The resistance level is near MA120; if broken, it could rise to MA200. A rebound near this level can be used to sell short. MACD shows a decrease in bearish momentum.

Disclaimer: The above content is personal opinion and for reference only! It does not constitute specific operational advice and does not bear legal responsibility. Market conditions change rapidly, and the article has a certain lag; if you have any questions, feel free to consult.

免责声明:本文章仅代表作者个人观点,不代表本平台的立场和观点。本文章仅供信息分享,不构成对任何人的任何投资建议。用户与作者之间的任何争议,与本平台无关。如网页中刊载的文章或图片涉及侵权,请提供相关的权利证明和身份证明发送邮件到support@aicoin.com,本平台相关工作人员将会进行核查。

ad
出入金首选欧易,注册立返20%
Ad
Share To
APP

X

Telegram

Facebook

Reddit

CopyLink