bit逍遥

When shouting 865, I don't know if anyone has entered, I added some spot trades, and I am ready to reverse after the second step.

The second step is in place. If there are no other negative news, this position can be more $BTC
$ETH

If he is really elected as the chairman of the Federal Reserve, that would be the beginning of a nightmare. The independence of the Federal Reserve would be impacted more than ever before, leading to global turmoil. The first unstable action would be to abandon risky assets and embrace safe-haven assets. This is also the biggest negative factor recently, which is the threat to the independence of the Federal Reserve.

Market arises from despair.

This wave of decline is because on-chain Hui Ka Yan exploded, usde circular loan, played it for himself and blew it up, hahaha.

Do not heavily invest before the rate cut confirmation. Currently, the market expects a 25 basis point cut, but there is a possibility of a 50 basis point cut. Therefore, it is normal for the market to have panic emotions before the data is released. The main focus is still on Powell's speech half an hour after the rate cut; whether he speaks hawkishly or dovishly is very important. Before the rate cut, it is highly likely that panic will lead to a downward trend. Direction will only come after the rate cut. What needs to be done now is to wait!!!

Jackson Hole Global Central Bank Symposium at 10 PM tonight, Powell will give a speech.
It is highly likely that he will mention a shift in policy direction towards interest rate cuts, but will not commit to a rate cut in September, continuing to delay, delaying for future employment and inflation data.

Currently, almost all market currencies have emerged from relatively independent trends. Bitcoin and Ethereum are gradually losing their index characteristics. Market sentiment is gradually becoming fearful, but there have been no interest rate cuts or other significant events to impact the market, so the overall trend remains upward. The RWA sector is still the main narrative for future speculation, and the development of RWA is inseparable from oracle services. Recently, the leading oracle token LINK has seen a significant increase. Due to the promotion of stablecoins, the DeFi sector's popularity will remain constant.

The main players are not philanthropists; the higher they charge, the harsher they strike. Be aware of the risks; it's better to miss out than to incur losses.
$ETH
$BNB

Getting out of this position is not something that can be done in just one or two days. The coins that are currently rising are basically at historical highs. BTC, ETH, BNB, OKB—these coins that are truly rising are basically at historical highs. If you chased them and made money, I respect that; you deserve to earn this money.

During this period, I lost 1 million U while trading. I am a very successful left-side trader, but the recent large one-sided market trends have made it very difficult for left-side traders. Those who dare to chase at this position should indeed earn money; their courage and judgment are extraordinary.

I dare not chase; I am afraid of being left hanging at the peak. Of course, it may not necessarily be the peak; it could also be halfway up the mountain. I’m just watching the show; you all keep it up.

The market's FOMO sentiment has been completely ignited; it is a crisis where danger and opportunity coexist.

#主流币轮动上涨 #机构疯抢以太坊

In fact, most people come to the cryptocurrency space just to make some money, without the grand ideal of building the crypto world, so naturally, they only pay attention to short-term fluctuations and not to long-term development. One can adopt a constructive mindset to make short-term profits; this may sound a bit abstract, but it is indeed the case.
The first thing to do is to believe that blockchain is the inevitable direction of future development, and you believe it can exist and thrive for years or even decades. Right now, the best carrier for data is blockchain; human development is inseparable from data carriers. Perhaps blockchain will iterate in the future, but for now, blockchain is indeed the optimal solution, although promotion is not that easy.
Because decentralization infringes on too many people's interests.
Of course, I'm saying this just to help you see the bigger trend; the trend of blockchain is upward, so our strategy must be short on the downside and long on the upside. The upper limit of traditional industries is visible. For example, Moutai, no matter how well it makes its liquor, its market is limited, and its market value is finite. However, blockchain can be infinitely expanded; currently, there seems to be no upper limit to blockchain. So-called resistance levels are merely the current market consensus, not its true upper limit.
Of course, the market does not always rise; this is not healthy. A zigzag rise is the norm and a historical inevitability.
So that golden pit will definitely come; what we need to do is to follow the tides of development, not to panic, and not to FOMO.