The cryptocurrency market experienced significant fluctuations on Friday, with mainstream tokens such as Bitcoin and Ethereum facing important technical level tests. Bitcoin showed a one-sided downward trend during the day, weakening from the resistance level of 118400, hitting a low of around 114600, accumulating a drop of about 4800 points from the previous evening's high of 119430. In the afternoon, short positions' momentum weakened, and the market entered a consolidation phase, with the current price gaining support near 116400.
Ethereum also experienced a similar adjustment, rebounding f

In the Crypto Assets market, there exists a seemingly simple yet highly effective trading method that may take a considerable amount of time but can maximize investment returns. Let's delve into this method and share some key trading principles.
First of all, as a Crypto Assets investor, there are three important taboos to keep in mind:
1. Avoid entering the market when prices are rising. Instead, be greedy when the market is fearful, and be cautious when there is widespread greed. Cultivate the habit of buying when prices are falling.
2. Do not engage in leveraged trading.
3. Never go all in.

The market has encountered an unexpected fluctuation, with cryptocurrency prices experiencing a significant fall on Black Friday morning. Bitcoin is testing the support level near last week's low of around 115,000, which has drawn high attention from investors. Despite previous optimism about the market, chasing the price does not seem wise at the moment.
Some buying operations have already been carried out near 11.53/3577, and the market will closely monitor the rebound strength during the European trading session. This round of fall may provide some investors with a good entry opportunity, b

The price of Solana (SOL) experienced a wave of market fluctuation this morning. In the early hours, SOL attempted to break through the $190 mark but was unsuccessful and subsequently fell back. This trend aligns with previous market expectations, as there is indeed strong resistance in the $190 to $200 range.
Currently, the price trend of SOL is showing a wide fluctuation. Considering that it is currently at a relatively low point, continuing to be bearish is not wise. For investors looking to go long, caution is advised. If it cannot break through the current resistance level, it is recommen

I once thought that the crypto assets market was a field full of opportunities, but during the first three months of entering this market, I suffered a huge loss of 800,000, waking up every night from nightmares of getting liquidated. This painful experience forced me to reevaluate my trading approach.
After deep reflection, I realized that the root of the problem did not lie in a lack of technical ability, but rather in a lack of correct understanding of how to survive in this market. Therefore, I decided to completely change my trading strategy and mindset.
First, I will reduce my position t

According to the latest market data, an important financial event will take place this Friday (July 28, 16:00 Beijing time): options contracts for Bitcoin (BTC) and Ethereum (ETH) with a total value exceeding $15.5 billion are set to expire. This large-scale options expiration could have a significant impact on the encryption currency market.
The latest statistics show that the total amount of open contracts for Bitcoin options has reached 108,175, with 58,659 call options and 49,516 put options. The nominal value of these contracts is nearly $12.818 billion, and the current maximum pain price

Recently, the actions of a large investor have attracted attention in the crypto assets market. This investor withdrew 76,000 SOL tokens from the Kraken exchange, valued at approximately 14.5 million USD. Notably, since July 8, this investor has cumulatively withdrawn and staked 164,000 SOL.
This series of operations may lead to significant fluctuations in the SOL price in the short term. In recent days, the SOL price experienced a rapid increase, breaking through several key resistance levels, attracting the attention of many investors. However, on the 23rd, the market experienced a correctio

Recently, a unique trend has emerged in the crypto world, represented by the PENGU (Fat Penguin) avatar craze. Many well-known institutions have changed their official social media avatars to the secondary creations of PENGU, with the participation of traditional financial giant VanecK being particularly noteworthy.
Since the NFT market entered a bear market in 2022, PENGU has not followed the trend and declined. On the contrary, it has actively expanded IP licensing and commercial applications with its unique and adorable penguin image, demonstrating a successful case of brand building and cu

As the Crypto Assets market enters the nighttime trading session, the trend of Bitcoin (BTC) is at a critical moment. The expected price level of $117,000 reached yesterday, but this might just be the beginning of market development, rather than the end.
Currently, many small crypto assets (commonly known as "altcoins") have started to show a downward trend, which indirectly confirms that Bitcoin may face further downward pressure. Market participants need to be vigilant about potential breakout scenarios, rather than simply viewing it as a fluctuation adjustment.
Currently, $118,500 has becom

The market performance of Solana (SOL) has been exceptionally bright recently, breaking through the 206 USD mark yesterday, which made many investors smile. Market analysts have provided new insights into the short-term trend of SOL: they suggest looking for get on board opportunities in the 197 to 198 USD range, and closely monitor several key resistance levels at 199.35, 201.6, and 204.51 USD.
Behind this wave of rising market, besides the development of the Solana ecosystem itself, the broader atmosphere of the cryptocurrency market is also playing a driving role. Especially with the recent