API Crude Oil Inventories in the U.S. for the week ending August 15

#Will ETH and L2s the next narrative be bullish on?##Bitcoin#    Technical Analysis: BTC Bulls Regain Strength After Recent Pullback

#KINT# Kintsugi Network Layer 1 Bitcoin DeFi with small market cap.

#BEES#🔮 Jack Dorsey, former CEO of Twitter, says that the price of #Bitcoin will go beyond $1 million in 2030. Do you believe in this prediction? Leave your comment: 👇🏼

DOGE is facing a potential major turning point. If it receives approval from regulators, the investment threshold for this encryption currency could significantly drop. This change would not only attract traditional encryption enthusiasts but might also pique the interest of stock investors and investment funds. This regulatory recognition will provide a legitimate channel for mainstream capital to enter the DOGE market. The subsequent influx of funds could significantly enhance the liquidity and market acceptance of DOGE. This change may drive the price of DOGE to new heights, and this process could be faster than many expect. However, it is worth noting that while this change may bring positive effects, investors should remain cautious. The volatility of the cryptocurrency market is still high, and the regulatory environment is constantly changing. For investors interested in participating, it is crucial to have a deep understanding of the associated risks and market dynamics. As DOGE may enter a broader investment field, its future development trajectory is worth close attention. This could not only change the market position of DOGE itself but also have a profound impact on the entire encryption currency industry.

As a 36-year-old crypto assets investor, I have navigated the crypto world for 8 years, finally achieving a wealth accumulation from an initial capital of 300k to several tens of millions. This journey has not been smooth sailing; I experienced severe drawdowns, with my capital shrinking to 60k at its lowest point. However, by adhering to a seemingly 'clumsy' yet effective strategy, I successfully endured 2880 days of market trials, ultimately achieving an astonishing 400-fold return in just 4 months. On this challenging road, I have summarized a few valuable experiences: 1. Focus on the mainstream: During a bull market, I choose to concentrate on a specific sector, only chasing the main upward trends. For example, when the artificial intelligence sector explodes, I will focus my efforts on researching the truly leading projects and targets with potential for catch-up growth. 2. New coin priority: The market often favors new stories and new projects. In contrast, old coins may seem cheap, but many have already lost their value. 3. Be cautious with contract trading: Although I have made considerable profits in contract trading, I have also experienced countless liquidations. If you decide to participate, keep in mind: avoid using your entire capital, do not use excessively high leverage (the risk is extremely high above 5x), and consider setting stop-losses as a necessary operation. 4. Respect market cycles: The cryptocurrency market experiences a cycle approximately every four years. At the end of a bull market, it is essential to clear out your altcoin holdings. When you find that even delivery drivers and convenience store owners are discussing a certain coin that may skyrocket, it is likely very close to the market peak. 5. The essence of the 'foolproof method': choose projects that are recognized by the market but have not yet been hyped; select only a few coins in each sector, usually a stable leader and a promising newcomer; hedge in a bear market, gradually increase positions in a bull market, and decisively liquidate at the end of a bull market. Surviving in the crypto world is not just about intelligence; more importantly, it is about being able to withstand the tests of market cycles and grasping the rhythm. My experience proves that one can succeed in this industry solely by understanding market rhythms, without relying on gambling or insider information. For newcomers to the crypto world, it may be worth trying this 'simple method'. It is not complicated; the real challenge lies in whether you can maintain patience and avoid making decisions influenced by emotions. Remember, there are many opportunities in the crypto world, and the key is to survive and wait for the right moment that suits you.