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Good morning ☀ hardcore fan check-in 👍 like and get rich 🍗🍗🌹🌹
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Overnight, the three major US stock indexes collectively rose, with the Dow rising 0.62%, the Nasdaq rising 0.6%, and the S&P 500 rising 0.4% to a record high. Popular tech stocks had mixed performance, with Apple and Google rising by less than 1% and Tesla falling by more than 1%. The crypto market rebounded across the board, with BTC breaking through $65,000 and reaching a high of $65,831, and ETH reaching a high of $2,664. Today's market trend is a bit chaotic, with active rotation in various zones, especially the strong performance of the MEME zone, where SHIB is among the top gainers, approaching $0.40!
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The current market is like a paradise for memes, with all kinds of funny elements emerging one after another, but there is still a lack of new stories. The continuous rise of DOGE, SHIB, WIF, BONK, PEPE, and PEOLE has made many people unexpected, for today's trend in the market, the most vocal voice in the market is that the bull is coming, but if you don't lie in ambush in advance, the bull and bear in the encryption market have nothing to do with you, especially when the "8.05" BTC once fell to $488,800. Many people simply say that the encryption market has entered the deep bear stage, in general, the market has a wind and grass, the voice in the market is either the bull is coming, or the bear is coming, in the encryption market in short, you are investing in certainty, you have to avoid uncertainty. To this day, the gold content of this sentence is still rising.
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The key now is to avoid uncertainty and explore investment opportunities with higher certainty. MicroStrategy's large-scale hoarding of BTC, as well as Harris's first statement: if elected president, will encourage the development of the Cryptocurrency industry. At present, the certainty is that whether the Republican Party or the Democratic Party comes to power, the trend of being friendly to the encryption industry is irreversible, and from a macro perspective, it is all Favourable Information. The form of a raging bull is brewing.
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The recent market has been fluctuating frequently, with intense long and short battles. It has surged to the 65800 level, and ETH has also risen to the 2666 level. BTC quickly rebounded after touching the bottom during the day. The current pump momentum has reached a bottleneck, and the possibility of a strong breakthrough and continuous rise is not high. After the surge, it will turn into a sideways consolidation, which is actually a natural market correction process, aiming to accumulate energy. At the same time, the solid support at the bottom maintains a bullish overall trend, so it is recommended to be actively bullish when there is a pullback!