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In the cryptocurrency world for 8 years, I have seen too many people get cut. Today, I must pour a bucket of cold water on you to wake you up!
Remember, investing is about risking your hard-earned money, and losing it can be life-threatening!
Don't easily trust those strangers online who say they can help you make money. What makes them qualified to help you? Are you handsome? Or charming? Wake up!
As everyone knows, when a man is overly attentive without reason, he is either a scoundrel or a thief! Similarly, those "well-meaning people" in the crypto world are merely eyeing the money in your pocket!
They will use all kinds of flowery language to make you feel like you've found a savior, then gradually lead you into a trap and finally drain you dry!
Don't forget, the essence of the crypto world is a zero-sum game; when some people make money, others lose money!
Children all know that they shouldn’t eat things given by strangers, so how is it that in the cryptocurrency world, they lose the most basic common sense?
Investing relies on oneself, learning knowledge, independent thinking, and controlling risks! Don't expect others to take you to new heights; only by relying on yourself can you soar higher and further!
🔥 Current Market Guide (2025 Passive Income Version )
$BTC: Yesterday, the market fell during the day, rebounded after the opening of the U.S. stock market in the evening, and then continued to drop. This time, the bottom of the drop is likely around 110,000. If you are worried about missing out, you can enter a position first. This rebound will likely head towards a new high.
$BNB: Driven by a surge from a certain platform, it is stronger than Ethereum. The strengthening of platform tokens indicates that the market is approaching its final phase, and we are in the last few months of the carnival time... We need to seize this opportunity!!!
$ETH: Yesterday's market slightly declined and consolidated; if it closes with a bullish candle today, and then makes some adjustments over the weekend, the stage of consolidation will be complete, and the upward trend will resume.
Some important news from yesterday:
1. The U.S. manufacturing PMI for August reached a 39-month high, and the composite PMI reached an 8-month high (PMI is considered to be above the expansion-contraction line at 50, with a PMI above 50 indicating economic expansion)
2. Today will see the expiration of $4.8 billion in Bitcoin and Ethereum options, with the biggest pain point for ETH at $4250.
Let's talk about today's daily BTC technical analysis. From the candlestick chart, the 1-hour level is expected to rise, the 4-hour level may either rise or consolidate, the 12-hour level is declining, and the daily level is also declining. The intraday resistance is at 116,000, and the support level is at 110,000 USD.
Disclaimer: Personal operation diary, not investment advice! This article comes with a 50% counter indicator Buff, if the market slaps you in the face, don't look for me #Bitcoin # Crypto @cookiedotfun