Cryptocurrency News
October 15 Highlights:
1. The DeFi project supported by Trump claims to have 100,000 registered users.
2. Bloomberg: Tether is exploring loan services for commodity trading companies.
3. A suspected Galaxy Digital OTC wallet transferred 13,580 ETH to CEX in the past 24 hours.
4. TD Bank fined $3 billion for failing to effectively monitor money laundering activities.
5. Co-founders of Venice discussed their vision and approach for their open-source AI chatbot platform.
Trading Insights
Selling in the cryptocurrency market is the hardest. It's not the method itself that's difficult, but your reluctance to part with profits and your greed for a little more. However, those who haven't experienced the entire cycle of bull and bear markets wouldn't understand. For example, in a bull market, your assets might reach tens of millions, and after a night's sleep, they drop to 7 million. Would you sell or not? Newcomers definitely wouldn't sell, feeling like they've lost 3 million. Those who have experienced losses would definitely sell, feeling like they've earned that 7 million, and that 3 million is just what the fortune god took back—consider it an offering to him. Many people join groups, and when the group becomes lively, they start selling. This indicator for selling is definitely accurate. When most people are excited about making money, that's when you should withdraw. But don't rely on this indicator to catch the bottom; the emotions of fear and loss are hard to quantify, whether it drops 10%, 20%, or 50%. They all seem similar.
LIFE IS LIKE
A JOURNEY ▲
Below are the actual trading signals from the Big White Community this week. Congratulations to the friends who followed along; if your trades aren't going well, you can come and test the waters.
The data is real, and each trade has a screenshot from when it was sent.
**Search for the public account: *Big White Talks Coins*
BTC
Analysis
Bitcoin's daily chart showed a surge yesterday, rising from a low of around 62,450 to a high of around 66,680, closing near 66,100, above the 66,000 mark. The upper resistance is near the trendline, and a rebound to that area could be a good opportunity to short. The bottom support is near the MA200; a pullback to that area could be a good opportunity to long. The MACD shows increasing bullish momentum, forming a golden cross. The four-hour chart shows support near the MA7 line; if it breaks, we could see a drop to the MA14 area. A pullback could be a good opportunity to long near that area. The MACD shows decreasing bullish momentum. A short-term buy could be considered near 64,600-63,700, with a rebound target near 65,400. A rebound to the 68,180-69,000 area could be a good opportunity to short, with a target near 66,800-65,000.
ETH
Analysis
Ethereum showed a surge yesterday, rising from a low of around 2,445 to a high of around 2,655, closing near 2,630. The lower support is near the MA30; a pullback could be a good opportunity to long. The upper resistance is near the MA90. The MACD shows increasing bullish momentum, forming a golden cross. The four-hour chart shows support near the MA7 line; if it breaks, we could see a drop to the MA14 area. A pullback could be a good opportunity to long near that area. The MACD shows decreasing bullish momentum. A short-term buy could be considered near 2,560-2,520, with a rebound target near 2,600-2,630.
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 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。
