Iran announces complete closure of Bab al Mandab Strait
Iran announced that the Bab al Mandab Strait, which accounts for 12% of global trade, has been completely closed due to Israeli airstrikes. (Watcher.Guru)
Iran announced that the Bab al Mandab Strait, which accounts for 12% of global trade, has been completely closed due to Israeli airstrikes. (Watcher.Guru)
Click on the link to enter the meeting: https://voovmeeting.com/p/5997677955 Course 1: BTCUSDT/ETHUSDT/XAUUSDT Perspectives Course 2: Daily operation ideas and plans for the above varieties Course 3: Clear Top and Bottom Indicator SAR Sharing ETH technical trend analysis: On Sunday, the Ethereum market fluctuated with a high point of 1721 and a low point of 1563, closing at 1869 with a 7.72% increase and a 7.72% increase. The daily K closed with a large bullish candlestick pattern; Friday, Saturday, three-day K-line combination Morning Star In terms of technological trends and indicators; The price experienced a deep decline last week, falling continuously from around 2020 to 1500. After three days of stabilizing the market, it has emerged from a bullish pattern of morning stars; This means that 1500 will become an important temporary support; In the next few days, the main tone of the trend may be to stop the decline, rebound and oscillate; As for the resistance to the rebound high point, it is currently unclear and can be further determined after the daily resistance signal is released; The expected first strong resistance will be in the range of 1700-1750; If partners are waiting for high-altitude opportunities, they can search for them within a 4-hour cycle, and short positions that encounter obstacles can enter the high-altitude operation; Given that the daily chart still provides a stop signal, it is possible to maintain a high and low bullish trend in operations Today's main recommended operating strategy is' rebound '; Today's attention/ETH resistance 1620-1680/support 1540-1500; Operation strategy: At the 1-hour level, as the rebound continues, a triple moving average golden cross and a rebound trend line appear; Today, we will focus on observing the bullish signal that appears after the retracement test in the 1650-1600 range. If it holds, we can try to buy low; Welcome 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! Tencent Meeting ID: 599-776-7955 Safew communication group link: https://t.me/c/2577145452/1529 Safew Add Assistant ID: yaoyao1319 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.
According to the news on June 8th, the Bitcoin MVRV Z-Score reached 0.24, close to the zero axis of the historical bear market's "green accumulation zone", indicating that the market price is gradually approaching the value realized on the chain. Historical data shows that this indicator fell to near zero or briefly fell below zero during bear markets in 2011-2012, 2014, 2018, and 2022 before bottoming out. Short term holders have an MVRV of 0.84, while long-term holders have an MVRV of 1.29. There has not been a typical convergence phenomenon at the bottom of a bear market, and long-term holders still have significant unrealized profits. Analysis suggests that the market may not have formed an absolute bottom yet. After the cryptocurrency market evaporated about $100 billion in market value last week, multiple signs of recovery have begun to emerge.
Strategy announced the purchase of Bitcoin worth $101 million and raised $100 million in cash. (Bitcoin Archive)
According to market news, Strategy disclosed an increase in holdings of 1550 bitcoins last week, with an average purchase price of $65300 and a total value of approximately $101 million.
The Financial Conduct Authority (FCA) in the UK has proposed allowing authorized investment funds to allocate up to 10% of their assets to Exchange Traded Notes (ETNs) on cryptocurrency exchanges, and setting relevant restrictions. The public can submit their opinions before July 13th. In the proposal, professional and qualified investor plans are not subject to upper limit constraints, and some fund types are excluded. The Asset Management Association of the UK supports the proposal, believing that a 10% cap would help with risk management. FCA stated that it is currently not considering authorizing funds to directly hold cryptocurrency assets and will make a decision after evaluating relevant regulatory systems.