Cryptocurrency News
October 12 Highlights:
1. Ripple co-founder Chris Larsen donated 1 million $XRP to Kamala Harris.
2. The public sale of World Liberty Financial's WLFI token will start on October 15.
3. Grayscale released a list of assets under consideration for future investment products, covering over 30 tokens.
4. A German man suspected of a $150 million cryptocurrency scam cut off his electronic ankle monitor and fled.
5. The foreign exchange area is all about small caps, then large caps pump, and finally small caps pump together.
Trading Insights
Some people who made money trading cryptocurrencies became extravagant after earning more profits. They discarded the saving mentality they had when they first entered the market. They became arrogant, disregarding others, and were extremely reckless. As more people idolized them, their desires continued to be unleashed, leading to a chaotic personal life. The result was a decline in character, attracting more troubles, lawsuits, and scandals. Their business went bankrupt, people around them betrayed them and left, no longer trusting them. Those close to them felt ashamed and disgusted, disappointed. Therefore, when business is booming, the boss should first ensure that the people around them are doing well. It’s not just about enjoying oneself, and one must not fall from grace. One should always be vigilant, maintain a pure heart, and wholeheartedly create a happy life for more people, restraining personal desires.
LIFE IS LIKE
A JOURNEY ▲
Below are the real trading signals 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.
The data is real, and each trade has a screenshot from when it was sent out.
**Search for the public account: *Big White Talks About Coins*
BTC
Analysis
Bitcoin's daily chart showed a surge yesterday, rising from a low of around 60,000 to a high of around 63,400, closing around 62,500. The upper resistance is near the MA200. A rebound to this area could be an opportunity to short. The lower support is near the MA7. If it breaks below, we could see a drop to the MA120. A pullback could be an opportunity to go long. The MACD shows a decrease in bearish momentum, indicating a potential golden cross. On the four-hour chart, the upper resistance is near the MA120, and the lower support is near the MA30. A pullback could be an opportunity to go long. The MACD shows an increase in bullish momentum, forming a golden cross. Short-term, a buy could be considered around 61,900-61,380, with a rebound target of 63,000-66,000. If it rebounds to around 63,400, one could consider shorting, with a target of 62,800-62,200.
ETH
Analysis
Ethereum's daily chart showed a rebound yesterday, rising from a low of around 2,380 to a high of around 2,470, closing around 2,440. The upper resistance is near the MA30. If it breaks through, we could see a target near the MA60. The lower support is near the MA7. A pullback could be an opportunity to go long. The MACD shows a decrease in bearish momentum, indicating a potential golden cross. On the four-hour chart, the upper resistance is near the MA200, and if it breaks through, we could see a target near the MA360 yearly line. There have been multiple tests around 2,370 forming support. A pullback could be an opportunity to go long. The MACD shows an increase in bullish momentum, forming a golden cross. Short-term, a buy could be considered around 2,405-2,370, with a rebound target of 2,470-2,510.
Disclaimer: The above content is personal opinion and for reference only! It does not constitute specific trading advice and does not bear legal responsibility. Market conditions change rapidly, and the article may have some lag. If you have any questions, feel free to consult.
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