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Run, train, earn: which GameFi projects to watch in 2024 According to the Messari report, in 2023, about 3.4 billion gamers brought the gaming industry $184 billion. The latter undergoes a paradigm shift once every 10 years, so the rise of the GameFi financial sector can be compared to

The cryptocurrency market experienced a significant fluctuation last night. Bitcoin and Ethereum prices saw a notable increase in a short period, followed by a decline. This surge was mainly triggered by sudden news rather than fundamental changes in the underlying market. Bitcoin soared to around $27,296, with an increase of over 5,000 points. Ethereum also climbed to about $1,779, rising approximately 500 points. However, following this sharp increase, the market immediately entered a correction phase. From a technical perspective, the four-hour chart shows a strong bullish candlestick pattern, but there is a long upper shadow, suggesting that the upward momentum may have weakened. The one-hour chart indicates a three consecutive bullish candlestick breakout above the upper Bollinger Band, but such a strong upward movement is difficult to sustain. Market analysts expect that after the news impact diminishes, prices are likely to enter a correction phase. Investors are advised to remain cautious and pay attention to the possibility of a pullback from high levels. For short-term traders, it may be worth considering setting short positions at high levels, but it is essential to pay attention to risk management. Overall, although the night market has experienced significant fluctuations, this may only be a short-term phenomenon. Investors should analyze calmly and not be misled by short-term fluctuations. In the long run, the cyclical characteristics of the cryptocurrency market still exist, and the market may usher in new opportunities in the future after experiencing a winter. However, in the current environment of severe volatility, risk management is particularly important.

Recently, the cryptocurrency market has shown a positive trend, with several projects performing well. Against the backdrop of expectations for interest rate cuts, market sentiment is high, and investors' attention to emerging projects continues to increase. Among them, a project called INBRED has attracted the interest of many investors. The project's community is highly active, and the official Twitter is continuously updated, demonstrating good development potential. Analysts believe that considering the current market environment and the project's own characteristics, INBRED may achieve significant growth in the future. However, it is worth noting that the cryptocurrency market is highly volatile, and investors should carefully consider the risks when making decisions. Although certain projects may have appreciation potential, it is also necessary to comprehensively evaluate their long-term development prospects and potential risks. Overall, as market sentiment continues to improve, investors' enthusiasm for emerging projects is on the rise. However, in such a market environment, it is particularly important to maintain a rational and cautious attitude. It is recommended that investors do their homework before entering the market and fully understand the project background and market dynamics.

#MicroStrategy Loosens Stock Rules# 🔥🔥🔥 Michael Saylor's 'Strategy' buys 3,081 Bitcoin worth $342 million. 👉🏻MicroStrategy, founded by Michael Saylor, has made another major acquisition, continuing its Bitcoin strategy. The company added 3,081 BTC to its portfolio for approximately $342 million. 💪🏻This acquisition is part of the firm's approach to Bitcoin as a long-term asset. MicroStrategy's move reflects its aggressive buying strategy, which continues despite Bitcoin price fluctuations. The company's total Bitcoin holdings now exceed billions of dollars, and Saylor defends this strategy by calling Bitcoin "digital gold." 🕵🏻 Market experts say that such institutional acquisitions positively impact the cryptocurrency market. MicroStrategy's latest purchase is considered an indication that institutional adoption of Bitcoin is accelerating.

Ethereum gave an entry short at 4680, which dropped to around 4630. BTC did not close below, so I didn't enter. Now there are two scenarios: one is a false breakout upwards followed by a drop to 110,000, the second is a continued rise. My view is that it will continue to rise, and I will still look for opportunities to short, still expecting a drop below 110,000.