Cryptocurrency News
Hot Topics on October 19:
1. BlackRock is in talks with global cryptocurrency exchanges, including Binance, planning to use the BUIDL token as collateral for futures trading.
2. The U.S. Securities and Exchange Commission has approved options trading for the spot #Bitcoin ETF on the New York Stock Exchange.
3. Singapore's largest bank, DBS, has launched a token service to enable blockchain-based banking.
4. Safe responds to the blind signature security incident, recommending the use of multiple signature devices from different vendors.
5. Grayscale has opened private placements for 20 token funds, including AAVE, to qualified accredited investors.
Trading Insights
Can ordinary people turn their fortunes by trading cryptocurrencies? It's difficult for ordinary people to succeed in anything; the cryptocurrency market just offers more opportunities than traditional markets. However, this field is not as competitive as others, so there are opportunities for ordinary people, but that doesn't mean you can achieve great results without effort. After ten years of education, you might earn a maximum of 100,000 a year working, so why do you think you can make a million a year without reading trading books? When the market is bad, don't try to force profits from it; those who think this way often end up losing money, hoping to quickly recover losses. If you didn't make money in a bull market, why would you be able to recover in a bear market? Forcing profits can be fatal. When you see a good hand, be bold in placing your bets; discard bad hands decisively. Don't be anxious; wait for your opportunity and the right field. As long as your capital is intact, isn't it hard to turn your fortunes around? Blockchain is a cruel reflection of the real world, as well as a world of opportunities. If you didn't earn the desired profits from a market wave, it's better to forget the early gains. Trading is about making big money; frequent small trades are exhausting and unprofitable. You won't achieve great success through small trades. Those who truly achieve greatness possess vision, perspective, patience, and timing—none can be missing. If you encounter the right timing but lack perspective, it's just a waste! Friends who are currently confused and directionless in trading can follow me, DM me to discuss and learn together! The cryptocurrency market is full of uncertainties and challenges, but it also contains potential opportunities. Investors should fully understand the associated risks when participating in cryptocurrency investments, remain calm and rational, and adopt a prudent strategy to respond to market changes!
LIFE IS LIKE
A JOURNEY ▲
Below are the real trades from the Big White Community's trading group this week. Congratulations to the friends 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 the time it was sent.
**Search for the public account: *Big White Talks About Coins*
BTC
Analysis
Bitcoin's daily chart showed a rebound yesterday, bouncing from a low of around 67,200 to a high of around 69,100, closing near 68,400. The upper resistance is around 69,000; if broken, it could reach the 70,000 mark. A rebound to this area could be an opportunity to short. The lower support is near the MA7 moving average; if broken, it could drop to the MA14. The MACD shows bullish momentum. The four-hour chart shows support near the MA30; if broken, it could drop to the MA60. The MACD shows bearish momentum with the lines converging. A short position can be considered in the range of 69,270-69,900, with a target of around 66,810-65,200.
ETH
Analysis
Ethereum's daily chart showed a rebound yesterday, bouncing from a low of around 2,600 to a high of around 2,675, closing near 2,640. The lower support is near the MA7 moving average; if broken, it could drop to the MA30. The bottom is near the MA14; a pullback could be an opportunity to go long. The MACD shows bullish momentum. The lower support is near the MA14; the bottom is near the MA200; a pullback could be an opportunity to go long. The MACD shows signs of bearish divergence. A long position can be considered in the range of 2,553-2,520, with a rebound target of around 2,600-2,630.
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 may have some lag; if you have any questions, feel free to consult.
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