DOGE forms 'annoying triple top': analyst reveals next move The DOGE price is currently showing a highly bearish chart pattern within a 4-hour time frame, indicating that investors may need to proceed with caution. After forming a bullish falling wedge pattern between November 12th and 19th, the expected breakout was short-lived and failed to meet bullish expectations. On November 19th, DOGE broke out of this pattern, sparking initial optimism among traders. However, Cryptocurrency analyst Kevin (@Kev_Capital_TA) had predicted that the breakout would be very weak, and the subsequent price action confirmed his prediction. DOGE suffered a sharp decline at important resistance levels (especially the macro 0.786 Fibonacci retracement level). Kevin emphasized that there is no need to go crazy unless there is a thorough and fierce breakthrough of this level. He also pointed out that BTC is facing significant resistance, indicating that the next major trend of DOGE may occur simultaneously with BTC's breakthrough of the $100,000 level. "Everything will come slowly before that," he said. Kevin urged traders to control their enthusiasm, saying, "Please control your excitement because there is nothing to be excited about in the short term. BTC is still at the main resistance level, and so is DOGE. There has been no breakthrough yet. He emphasized the importance of BTC's movements, adding, "At the moment, it is more important to conduct a technical analysis of BTC than a technical analysis of DOGE. DOGE is simply trading on the sideways, waiting for BTC to make a decision to pump or fall. Where BTC goes, DOGE will go in the short term. ” After analyzing the 4-hour chart, Kevin found that Dogecoin has formed an "annoying triple top" at the macro 0.786 Fibonacci level, which is a bearish signal that may indicate upcoming downward pressure. He warned that if the correction to $0.30, as he previously mentioned, occurs, "many blindly permanent longs will need to do some explaining." Triple top is a bearish reversal pattern in Technical Analysis, indicating a possible shift from a rise to a downtrend. This occurs when the price reaches the same resistance level three times and fails to break through before falling back. DOGE has repeatedly failed to break the 0.786 Fibonacci level ($0.41), indicating a weakening bullish momentum in the short term. Kevin emphasized that DOGE has not yet broken through: "Unless it can cleanly break through the macro 0.786 Fib $0.41, it can only consolidate sideways." Looking ahead, he outlined a bullish scenario, provided that this key resistance level is overcome. "If DOGE breaks through the macro 0.786 Fib with strength, then $0.80 to $0.85 is possible. But there is still a lot of work to do. BTC needs to pump further," he explained. For the past few days, Kevin has been predicting a deeper pullback for DOGE. The formation of a triple top and rejection of the 0.786 Fibonacci level supported his main hypothesis. He outlined his initial price target: 'We are looking for DOGE to hold in the range of $0.30 to $0.26, which is the golden pocket retracement level. This is a 30-40% pullback from the local top, which is a perfect scale pullback in a Bull Market.' In the long term, Kevin emphasized the importance of the upcoming monthly candle Closing Price. "DOGE's next big target is to close above $0.335 within 11 days. This will set the highest monthly candle Closing Price in history for DOGE, and I will follow it closely," he said. (Data Source: Jake Simmons)

Has the BTC crash ended? Experienced traders predict BTC will rebound to $90,000 The BTC crash may have ended as a Cryptocurrency trader predicts a significant rebound for this pioneering Cryptocurrency, with BTC expected to soar to a new all-time high of $90,000. This bullish prediction was made during a recent downtrend in BTC prices, as the price briefly dropped below $50,000 in the past few weeks. On August 5th, Cryptocurrency analyst Peter Brandt made a bold prediction in a post on X (formerly Twitter), suggesting that BTC may experience a significant Rebound to $90,000 in this round of Bull Market. Brandt shared a price chart depicting a series of big pump big dump in BTC value since the beginning of this year, and he expects this pioneering Cryptocurrency to reach $90,000 by the end of 2024. In his article, Brandt emphasized the importance of the possibilities that may occur when following, rather than the probability or certainty of what may happen when following. This unique approach to analyzing the market avoids over-reliance on assumptions and enables flexible responses to various market outcomes. When asked about Brandt's view on the current market situation, a Cryptocurrency community member stated that they have been predicting a Bull Market for BTC in the past few months. They asked Brandt if he agrees with this prediction and if BTC has reached the golden pocket, which is a key Fibonacci retracement level that typically signals the next potential resistance level. In response to encryption community members, Brent denied the possibility of a BTC Bull Market flag pattern and quoted the views of several authoritative figures in Technical Analysis, such as Schabacker, Edwards, and Magee, who stated that the Bull Market flag pattern would not last for more than two months. This ultimately indicates that if the so-called Bull Market flag pattern lasts for more than two months, it does not meet the criteria of a Bull Market flag pattern. In addition, when another Cryptocurrency member asked if possibility is just a probability, Brent clarified that possibility cannot be described as probability because probability involves assigning numbers and making assumptions. Brent revealed that he strictly avoids assumption-based trading to maintain an open-minded attitude towards all possible outcomes, without prejudice. Before Brent predicted that BTC would rebound to $90,000, the price of this cryptocurrency had fallen significantly. According to data, in the past week, the price of BTC has fallen to around $52,000, with a fall of over 23%. Despite the recent big dump in price, BTC seems to have regained positive momentum, pumping 11.77% in just 24 hours. According to reports, the daily volume of BTC also surged by 30.65%. This Cryptocurrency seems to be breaking the previous bearish trend and steadily approaching the previous price high of around $60,000. Currently, the trading price of BTC is $55,903. (Data Source: Scott Matherson)

DOGE flies to the moon: Dogecoin index turns bullish for the first time since 2020 Dogecoin (DOGE) is back in the spotlight once again, as the most important meme coin may be ready to go To The Moon. Previously, cryptocurrency analyst Kevin (formerly Yomi OG) analyzed Dogecoin, emphasizing an important indicator favorable to cryptocurrencies in the analysis. Kevin mentioned in a post on X (formerly Twitter) that the 12-day time frame of the Gaussian channel recently turned green on the chart of Dogecoin, the first time since December 2020. He claimed that this indicates a potential strong bullish trend for this memecoin in the coming months. Kevin added that the indicator has never failed to indicate these trend changes, indicating that Dogecoin has indeed experienced a bullish reversal. In another X post, Kevin claimed that during this time, DOGE's performance has been stronger than most altcoins, while the cryptocurrency market has been declining and trading sideways. He added that if DOGE can stay above the macro 0.382 FIB and the blue support area on the weekly chart, it is likely to enter the golden pocket range of $0.26 to $0.33. Kevin provided another bullish narrative for Dogecoin in another X post. By looking at the 4-hour timeframe, he emphasized the deviation back to the larger symmetrical triangle, which he claimed was a "bullish signal". He stated that it would be important for Dogecoin to return above the key moving average. He also added that he expects the most important meme token to test the $0.175 price level at some point as there is a significant liquidity within that range. The cryptocurrency analyst also emphasized the liquidity of the price area. He claimed that there is 'very significant liquidity' at the $0.175 level over a 3-month time frame. In addition, he stated that most of the liquidity outside this level is between $0.20 and $0.23. This is favorable for Dogecoin, as Kevin pointed out that market makers prefer to operate where liquidity is high, and currently Dogecoin's liquidity is definitely higher. Cryptocurrency analyst CrediBULL Crypto recently mentioned that Dogecoin has reached the level of "make or break". However, he seems confident that Dogecoin may see a bullish trend from its current price level and notes that this meme coin has already reached this "make or break" level when Bitcoin hit its range low. Therefore, he expects that if the flagship cryptocurrency experiences a bullish reversal, the price of Dogecoin will rebound. Meanwhile, cryptocurrency analyst Crypto Daily has made a short-term bullish prediction for DOGE. He predicts that Dogecoin will soon rise to between $0.33 and $0.35. The analyst added that if the daily closing price exceeds $0.18308, Dogecoin may further pump to $0.57. (Data source: Scott Matherson)

Golden Finance reported that Patrick Gruhn, former head of FTX Europe, paid nearly $1.5 million to purchase a gold pocket watch found on the wealthiest passenger of the Titanic. Gruhn stated that he used money earned from selling the company and was unaware of any fraudulent activity at FTX before the scandal broke out.

Recently, a gold pocket watch found on John Jacob Astor IV, the richest passenger of the Titanic, was sold at auction in the United Kingdom for $1.48 million, setting a record for the highest sale price of Titanic-related items. It is reported that the buyer is Patrick Gruhn, a German fintech entrepreneur and former FTX executive. （WSJ）

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15/4/2024 #动态精品内容推荐 - Discover quality content and explore investment insights Every day, we select posts for you to share the industry's hot news, market analysis, high-quality insights and important event predictions. Check it out 👇 Browse user "***ufu's" advice to market newcomers when facing a Bitcoin halving https://www.gate.io/post/EAASEA8a/status/5378876 Receive users' "earn pocket money" sharing on recent investment risk management strategies https://www.gate.io/post/%E6%8C%A3%E4%B8%AA%E9%9B%B6%E8%8A%B1%E9%92%B1/status/5378869 Browse user "BTCFREE's" thoughts on the logic of BTC trend prediction https://www.gate.io/post/BTCFREE/status/5378677 Refer to the user's "Fidelity" analysis of today's BTC and ETH investment points https://www.gate.io/post/%E5%AF%8C%E8%BE%BE/status/5379248 Check the reminder of the user's "Chaoge Finance" on the currency sharing that will be unlocked in the near future and the risk fluctuation https://www.gate.io/post/%E8%B6%85%E5%93%A5%E8%B4%A2%E7%BB%8F/status/5378553 We hope you'll enjoy this great content! How do I get a referral? 1. Post the content you want to share in the dynamics, and we will select high-quality content every day and display it on the official account 2. Pay attention to Gateio's dynamic _Official and check out the daily high-quality content!

Odaily Planet Daily News According to official news, the multi-chain P2E Non-fungible Token game Monsterra Game update roadmap, important Node events include Q4 2023 has reached the release on Cosmos, desktop APP version, Boss challenge series of activities, etc., Q1 2024 plans to achieve the release of Monsterverse's "Pocket Monster" on planet Y, combined with zkSync and cross-market activities, In Q2 2024, we plan to release Monsterverse's "MonsFarm" on planet Z and integrate X1 and expand partners, and in Q3 2024, we plan to release Monsterverse's "Monster Defense" on planet Y and develop L3, and in Q4 2024, we plan to promote "Infinity War".

RPC base layer provider Pocket Network said the Shannon upgrade will be deployed to Testnet in Q1 and Mainnet in Q2, all of which will be built on Celestia.

Decentralized physical infrastructure (DePIN) provider Grove (formerly Pocket Network) has raised $7.9 million from Avon Ventures (owned by Fidelity), Placeholder Capital and Druid Ventures, Golden Finance reported. Grove will use the funds to forge new partnerships to drive DePIN towards mainstream adoption.

According to news on September 5, the browser security plug-in Pocket Universe tweeted that links can now be hidden in any text in Discord. Users are advised to pay attention to hidden phishing links to prevent loss of funds.

According to PANews on August 21, according to PR Newswire, Alameda, UTXO Management and Balch & Bingham LLP announced to join Alameda in the lawsuit against Grayscale, and launched GrayscaleLitigation.com to facilitate other holders to join the plaintiff. At present, Fir Tree Partners, Saba Capital, Owl Creek Asset Management, Aristides Capital, etc. have expressed interest in joining. It is reported that Alameda initiated the lawsuit in March this year, asking for a reduction in management fees and allowing redemptions. According to Grayscale, the effort cannot proceed unless existing shareholders who collectively own at least 10% of all of the trust's shares join a lawsuit as co-plaintiffs. Trust shareholders are encouraged to participate as co-plaintiffs by submitting information using the designated website, GrayscaleLitigation.com, by September 1, 2023. Balch & Bingham LLP is prepared to represent eligible shareholders in litigation at zero out-of-pocket fees. Earlier news, Alameda Research is calling more plaintiffs to join the company's lawsuit against Grayscale Investments (Grayscale Investments).

What do you want from Doraemon's pocket? More: https://www.gate.io/article/29944

What do you want to get from Doraemon's pocket? More: https://www.gate.io/article/29944

According to PANews on August 17, according to IT House, Yang Yuanqing, chairman and CEO of Lenovo Group, issued an internal letter announcing that in the next three years, an additional investment of more than 7 billion yuan will be used to accelerate the deployment of artificial intelligence on a global scale. technology and applications. Yang Yuanqing said: "AIGC generative artificial intelligence and LLM large language model are catalysts and accelerators for the development and application of artificial intelligence. We must seize the opportunity. At the same time, we must also see that AIGC and LLM are only part of artificial intelligence, and our The intelligent transformation strategy is to create a full-stack capability driven by artificial intelligence from pocket to cloud. We will continue to develop artificial intelligence terminals, artificial intelligence infrastructure and industrial solutions empowered by artificial intelligence to help customers and Consumers get a jump in productivity across the board."

According to IT House, Lenovo Group announced today its results for the first quarter of the 2023/24 fiscal year ending June 30, 2023: revenue of 90.3 billion yuan and net profit of 1.33 billion yuan. Yang Yuanqing, chairman and CEO of Lenovo Group, issued an internal letter after the announcement of the financial report, announcing that in the next three years, an additional investment of more than 7 billion yuan will be used to accelerate the deployment of artificial intelligence technology and applications on a global scale. Yang Yuanqing said: "AIGC generative artificial intelligence and LLM large language model are catalysts and accelerators for the development and application of artificial intelligence. We must seize the opportunity. At the same time, we must also see that AIGC and LLM are only part of artificial intelligence, and our The intelligent transformation strategy is to create a full-stack capability driven by artificial intelligence from pocket to cloud. We will continue to develop artificial intelligence terminals, artificial intelligence infrastructure and industrial solutions empowered by artificial intelligence to help customers and Consumers get a jump in productivity across the board."

Many high-income people still need to be aware of risks High-income people, those who work hard on their own, and those in the middle class, need to pay attention to their ability to resist risks. People who earn millions a year must be high-income earners. However, some people with annual income of one million have extremely poor ability to resist risks, and they are not as leisurely and comfortable as expected. Some of their actions put themselves at a disadvantage. For example, I have to bear a high mortgage, send my children to an international school, have a wife who is a full-time housewife, and live a very refined life. There is nothing wrong with this. You really have to enjoy making money, and there is nothing wrong with yearning for a better life. Usually, many of these deposits are not particularly large. If there are no accidents, it will be fine. Once there is a problem in the career, such as unemployment, the pressure will immediately increase. Because mortgages, car loans, and tuition fees can't stop. Unlike you usually eat Michelin black pearls and you can stop eating immediately, some families have to provide for four elderly people. Of course, if you have great confidence in your career, it doesn't matter. If there is no income, the deposit can guarantee the current state and it will be more practical after three to five years. Of course, there is no standard for this, it is just self-perception. As for being completely carefree, that is, the money in the pocket will not be spent until the age of 85 according to the current consumption. And don't rush to immigrate blindly. However, compared with high-income singles and no children, DINK is cool. [tears]