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[Amazon, Snapchat, and Coinbase Service Outages] Network monitoring platform DownDetector shows that users have reported service interruptions for Amazon, Snapchat, and Coinbase.
Click on the link to enter the meeting: https://meeting.tencent.com/p/5658778060 Course 1: Ethereum+Small Currency/Short term Opportunity Capture Course 2: Candlestick Chart Form+Moving Average Intersection Practical Skills Course 3: Answering questions about student fan trading positions ETH technical trend analysis: In the past two weeks, Ethereum has experienced a sharp decline and a strong counterattack, and the amplitude has begun to converge. Last week, the lowest price in the market hit around 3670, and then rebounded close to half of the week's decline, with 50% of the weekly K closing in a solid negative K pattern with a longer downward lead; In terms of daily chart, last week there was an expected resistance of 4300, and there will be a second retracement action; On Friday, Saturday, and three trading days, there were signs of a halt in the decline around 3670; It is expected that the price will remain above 3670 and continue to rise to 4200-4300; Partners with a bullish mindset can start trying to enter the market with a low long target around the current price of 3950 and see the expected level above; The partners with bearish thinking need to wait for the actual situation to arrive near Strong Resistance 4300 Today's operational strategy: There are signs of a second retracement at the daily level to stop the decline; Suggest focusing on bulls today; Search for a signal with a 1-hour cycle in the support zone of 3900-3950 for entry; The target can be viewed from 4050-4100. Defensive suggestions refer to 3840-3820. Feel free to share your suggestions! Short term trading opportunities within the day? Looking for specific locations? We will also share in the live broadcast room how to find opportunities for both long and short positions to enter; Welcome to the Tencent Meeting live broadcast room to discuss and exchange with teachers for more details on currency operations and trading issues! Recommended Idea [Shake; Watch More] Today's focus is on support resistance/ETH resistance 4100-4150/support 3900-3800 For more details, welcome to the live broadcast room for discussion, learning, and exchange! Tencent Meeting ID: 565-877-8060 Five live broadcasts per day start time: from 3:30 pm to 2:30 pm without interruption/from 8:00 am to 3:30 pm for the previous day's recorded playback QQ group number: 894399961 QQ group link: https://qm.qq.com/q/792iC3yX2o Disclaimer: The above content only represents the author's personal opinion and is intended to assist investors in understanding information related to the capital market. It does not constitute any investment advice and does not represent the position or viewpoint of AiCoin. The market is risky and investments should be made with caution.
[Citigroup: Stablecoins May Drive a New Growth Phase for Cryptocurrencies] Citigroup reports that stablecoins may drive cryptocurrencies into a new growth phase. Analysts compare this to the rise of money market funds in the 1980s, suggesting that stablecoins serve as a 'store of value' in emerging markets with inflation or weak institutions, potentially stimulating demand for dollar-denominated assets while possibly triggering policy responses to limit dollarization.
[VanEck Submits Lido Staked Ethereum ETF Application] VanEck has submitted an application to regulatory authorities, proposing the launch of an ETF product based on Lido staked Ethereum, aiming to provide investors with more options for crypto asset investments. This move may face uncertainties regarding regulatory scrutiny and market acceptance. (BWEnews)
[Bitcoin Rebounds and Enters Reaccumulation Phase] Bitcoin prices rebounded after experiencing selling pressure, influenced by expectations that the Federal Reserve may ease monetary policy. BitcoinTreasuries data shows that corporate holdings increased by 8.4% over the past 30 days, reaching 4.04 million BTC. Analysts believe Bitcoin is currently in a reaccumulation phase, with market sentiment stabilizing and institutional demand remaining resilient, though risks should still be monitored.
[South Korea Changes Regulation of Exchange Tokens Listing to Direct Government Supervision] The South Korean Financial Services Commission has decided to adjust the regulation method for cryptocurrency exchange token listings from self-regulation to direct government supervision.