GoldenHorns
liked
$Ethereum (ETH.CC)$ 3300 then its gonna take off i called out 3300 last week scroll down. has to touch that 200DMA BTC already did ETH just has to catch up Relax peeps
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GoldenHorns
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$BTCS Inc (BTCS.US)$
$Ethereum (ETH.CC)$
Freaking out over the drop? Dont worry about it.
Next upgrade "Fusaka" hits Dec. 3. This upgrade aims to lower fees and increase speed.
This is expected to lower operating costs for those that run validator nodes.
$Ethereum (ETH.CC)$
Freaking out over the drop? Dont worry about it.
Next upgrade "Fusaka" hits Dec. 3. This upgrade aims to lower fees and increase speed.
This is expected to lower operating costs for those that run validator nodes.
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GoldenHorns
voted
This week, the cryptocurrency market trended weaker amid volatility. $Bitcoin (BTC.CC)$ fell to around $108,000, and $Ethereum (ETH.CC)$ declined to near $3,744. For the week, Bitcoin posted a loss of 6.26%, while Ethereum fell 11.21%.
Top events last week
US-China Trade Talks: Nations to Synchronously Pause Tariffs and Controls for One Year
On October 30, following trade negotiations in Kuala Lumpur, the U.S....
Top events last week
US-China Trade Talks: Nations to Synchronously Pause Tariffs and Controls for One Year
On October 30, following trade negotiations in Kuala Lumpur, the U.S....
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GoldenHorns
liked
The current market situation for #Bitcoin is quite straightforward. Despite widespread pessimism and bearish sentiment, the support level at 107,300 has successfully withstood two pressure tests on a daily chart basis and has stabilized with a rebound.
On the macro front, although Powell's comments have cast a shadow, whether there will be an interest rate cut in December still presents room for speculation. Additionally, upcoming events such as the government shutdown resolution and the pause of QT (Quantitative Tightening) will contribute to liquidity recovery. Therefore, if the market can withstand current pressures, it may continue to see upward momentum.
Over the weekend, the overall market trend was focused on defending the 107,300 level effectively while observing how the #BTC price breaks through and stabilizes above the daily MA200 trend line at 109,500, followed by attempts to break and stabilize at the 111,300 mark.
My long positions and short-term spot holdings remain unchanged, with both unrealized gains and losses. Some might question my strategy, suggesting that I should have exited when the price rebounded to 116,000 to capture one leg of the move.
I can only say that such short-term trading does not suit my style, as I am not a professional trader. From my perspective, my target to take profit for this long position lies between 119,000 and 121,700. Any fluctuations during this period will not sway my view.
Additionally, the previous decline to the 116,000 level due to unexpected macroeconomic news causing a price drop was something I did not anticipate. There was nothing I could do about it.
Why didn't I take profit during that period? Because if I had taken profit near 116,000, I wouldn't have been confident about waiting for what I consider an appropriate position to re-enter the market.
In fact, many people find it not difficult to sell after making a profit. Without discussing selling...
On the macro front, although Powell's comments have cast a shadow, whether there will be an interest rate cut in December still presents room for speculation. Additionally, upcoming events such as the government shutdown resolution and the pause of QT (Quantitative Tightening) will contribute to liquidity recovery. Therefore, if the market can withstand current pressures, it may continue to see upward momentum.
Over the weekend, the overall market trend was focused on defending the 107,300 level effectively while observing how the #BTC price breaks through and stabilizes above the daily MA200 trend line at 109,500, followed by attempts to break and stabilize at the 111,300 mark.
My long positions and short-term spot holdings remain unchanged, with both unrealized gains and losses. Some might question my strategy, suggesting that I should have exited when the price rebounded to 116,000 to capture one leg of the move.
I can only say that such short-term trading does not suit my style, as I am not a professional trader. From my perspective, my target to take profit for this long position lies between 119,000 and 121,700. Any fluctuations during this period will not sway my view.
Additionally, the previous decline to the 116,000 level due to unexpected macroeconomic news causing a price drop was something I did not anticipate. There was nothing I could do about it.
Why didn't I take profit during that period? Because if I had taken profit near 116,000, I wouldn't have been confident about waiting for what I consider an appropriate position to re-enter the market.
In fact, many people find it not difficult to sell after making a profit. Without discussing selling...
Translated
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GoldenHorns
liked
$NVIDIA (NVDA.US)$ congrats everyone 200 🍾🍾
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GoldenHorns
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$Ethereum (ETH.CC)$ Weeding out those with weak resolve
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GoldenHorns
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