Professor deconstructs "myths" of Silicon Valley: technological success masks military projects Academic and researcher Jiang questioned the realism of success stories of tech giants (Bill Gates, Zuckerberg, and Google's founders), describing them as unrealistic narratives. Jiang argues that the internet and major technologies are not the result of "individual genius," but originally military projects later adapted for civilian use for strategic purposes, primarily expanding surveillance and data collection under the guise of innovation.
*Unemployment benefit requests in the United States rose to 236,000; compared to the previous estimates of 220,000; and the previous reading of 192,000.
📉 Decline and Surrender of New Bitcoin Whales Decreased Activity: The activity of "new Bitcoin whales" (large holders who recently entered the market) significantly declined yesterday.
Realized Losses: This group of investors recorded massive realized losses amounting to 386 million dollars in a single day.
Indication of Surrender: This collective selling is interpreted as a "surrender" by the new large holders.
📊 Analysis and Historical Indications
Short-Term Weakness Signal: This type of surrender is an indicator of short-term weakness in the Bitcoin market.
Indicator of Correction Phases: Historically, this behavior (surrender of new large holders) often appears in the later stages of market corrections.
Conclusion: The emergence of this surrender indicates that the current correction may be close to its end, not at its beginning.