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In investment and trading, controlling drawdown is crucial, as it requires a larger increase to return to the original level after each decline. For example, if the account funds drop by 30%, we need a 42.86% increase to break even, and a 100% increase is required to recover from a 50% decline. This relationship becomes more significant as the decline percentage increases: for instance, a 70% decline requires a 233.33% increase, and a 90% decline requires a 900% increase to break even.
This means that a larger drawdown will significantly increase the difficulty of fund recovery. Reasonable ris
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11.01 BTC pullback price is close to the target, observe if it continues to fall tonight in the short term. If the market does not fall, watch for recovery.
So this round, on November 5th, we will welcome the general election, which will bring huge fluctuations. All leveraged users should pay attention to safety.
BTC this round of hourly pullback is close to completion, the third largest position is around 68500--68700. If this position is broken, then the logic of this round of gains will weaken, continuing to test around 65, but it is highly probable that this position can hold.
After the cu
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Crypto Assets Market Analysis (8.31): Asian Session Protects Bitcoin, U.S. Session Sells Off!
The weekend market is mainly in a corrective phase, and there are no specific events to pay special attention to at the moment. The liquidation of BTC is still within the normal range, but the decline in AltCoins is somewhat abnormal. There is always a reason for the decline without regular logic. It is not recommended to use leverage now to avoid the risk of getting liquidated.
follow next Friday's non-farm payroll data and the interest rate cut expectations in September. If the market expects a 50 b
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BTCfollow 63800-64100 is a crucial range. Follow the pattern and resistance level. The trend. #btc $btc
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🌐 #encryption Market 8.9 Update: hard landing failed, unemployment benefits saved the day successfully! 😅
Despite concerns about market recession triggering global market volatility, #比特币 和一些强势#AltCoin has rebounded like a spring 📈. The decline in unemployment benefits has eased market panic, and the market is gradually recovering. With the reduction of recession risks, the possibility of hard landing drop, the trend remains positive. The market in late August is still worth looking forward to! 🌞
#Fed September rate cut? The probability of 25 basis points is 43.5%, and the probability of 5
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🌐 #CryptoMarket Update 08.09: The "Hard Landing" fears fumbled as unemployment benefits swooped in to save the day! 😅Despite recession jitters shaking the global markets, #Bitcoin and some strong altcoins are bouncing back like a rubber band! 📈 The decline in unemployment claims has calmed the storm, and the markets are gradually recovering. With recession fears easing, the probability of a hard landing is decreasing. The trend continues, and late August looks promising! 🌞The #FedRateCut in September? A 43.5% chance for a 25bps cut and a 56.55% chance for 50bps. The market is leaning towa
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The market has officially entered a downward trend. During the oscillating downward process of the daily candlestick level, the high points gradually drop and the low points gradually drop. If the price fails to hold at 61700 this time, the market is likely to go to a new location. $BTC #btc #BTC eth #crypto
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Black recession week: The market has been in a continuous state of retreat, and the recession has officially sounded the alarm. After the non-farm data dragged down the US stock market and experienced a significant pullback, Buffett also sent a pessimistic signal to the market. Buffett has been dumping most of his chips, and the dumping wave in the entire US stock market has increased dramatically, exceeding everyone's expectations. After this round of big dump in the US stock market, it is still too early to catch the bottom and buy in. It is mainly about waiting patiently and then slowly buy
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#encryption Market Analysis On August 2, the recent disappointing non-farm payroll data triggered market panic about economic recession. Although the increase of 114,000 in non-farm payrolls is not ideal, it can still be considered 'reasonable.' If the US economy rapidly weakens, a significant interest rate cut by the Federal Reserve in September will become a typical response. Due to growing concerns about a US economic recession and poor performance of technology stocks, gold reached a new high, and stock markets in Europe, Asia, and the US fell sharply on Friday. Japan's stock market experi
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After the price fell below 65500, there was no effective rebound. It quickly dropped. As long as the price is below the long and short boundary line that has been maintained since March at 65500, it is not bullish. The support level below is in the range of 60700-60900 on the daily candlestick chart. Pay attention to #BTC ETH #Crypto.
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📉 Encryption market analysis 7.31 📉 Weekly level: BTC weekly chart forms a double bottom, the market is gradually approaching the rate cut expectation. Master Powell's Tai Chi summary of the press conference: the market's expectation of a rate cut is reasonable, and the earliest rate cut could be in September; inflation is decreasing more than expected and is expected to develop towards 2%. Daily candlestick level: BTC is approaching the support at 63500, short-term decline can be foreseen, but the long-term trend cannot be ignored. Upper resistance: 66600. 4-hour level: The market is rapidl
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📉 Crypto Market Analysis 7.31 📉Weekly Overview:Bitcoin forming a double bottom on the weekly chart, market leaning towards rate cuts, Powell playing Tai ChiKey points from Powell's press conference: Market’s expectation for rate cuts is reasonable, the earliest cut could be in September; Inflation is decreasing better than expected, moving towards 2%Daily Overview:Bitcoin approaching support near 63500, short-term decline expected but long-term trends are crucialResistance: 666004-Hour Overview:Market has seen a rapid decline, short-term rebound possible but still in a downtrendResistance: 6
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📈encryption market analysis 7.30 Market expects the Fed to cut interest rates in September, short-term Rebound is weak. The July 30-31 FOMC meeting may only provide preliminary hints, and Powell will provide a more long clear signal in his speech at the Jackson Hole Symposium at the end of August. 📊daily candlestick: Quick Rebound, support level 65400, upper resistance 68500
4-hour: The pump trend, the resistance level is 67300, and the support below is 65300. Due to the recent political uncertainty in the United States, the sharp drop in BTC is a normal phenomenon. Keep an eye on the suppor
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Encryption Market Analysis 7.28
BTC conference, Favourable Information news frequently, expected to break new highs!
Former US President Trump delivered an important speech at the BTC conference:
Praising the BTC community: Trump praised the achievements of the BTC community and likened BTC to the early steel industry.
The United States maintains a leading position in Cryptocurrency technology: He emphasized that the United States must maintain a leading position in Cryptocurrency technology and become the center of global Cryptocurrency. This may bring more long-term policy support and resour
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Trump criticized the current government's suppression of Cryptocurrency and BTC, believing it to be wrong and detrimental to the country's interests. He plans to take immediate action if re-elected, ensuring that the United States becomes a global center for Cryptocurrency and a superpower for BTC. Specific measures and commitments include forming a Presidential Advisory Committee for BTC and Cryptocurrency after taking office, establishing transparent regulatory guidance for the benefit of the entire industry, appointing a new SEC chairman to promote the development of Cryptocurrency by elimi
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Is Biden dead? Or is it a rumor that Harris is struggling with the big task, and the hot topic is just an illusion. The latest economic data for the US second-quarter GDP exceeded expectations, easing some economic concerns. The core personal consumption expenditure price index (PCE) was higher than expected at 2.9%, which could cause trouble for the Fed. Emma Wall of Hargreaves Lansdown said, 'Although the PCE index is above target, it is declining. Coupled with strong economic rise data, the pressure on the Fed to cut interest rates next week has eased somewhat. It is expected that the Fed,
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