All the Bi’an and contract fees will be refunded if you have 5W or above in Zichan (40 in the first month and 30 in the next month. If you have a high handling fee, you can also register once a month, and the backend can be reconciled to ensure the authenticity of the data)
I am brushing the volume to get Bi’an rewards, you are saving the handling fee, if you are interested, come here!
I have held ETH for a long time. When the price is not good, I also reflect on the value of ETH. Let me share my views:
1. Since its birth, ETH has never been completely down. Even when DeFi was at its peak, it proved its excellent stability.
2. Many people believe that the L2 strategy has diverted ETH's own users and funds. In my opinion, this is a clear path for ETH as the world's computer and underlying settlement chain. Use L2 to undertake users and applications, and solve C-end experience such as fees and speed. ETH itself solves the security and stability required by the B-end.
Moreover, companies such as Sony and Coinbase have directly used L2. These companies are not stupid. Security and stability are guaranteed by the ETH mainnet. You can directly send a chain with one click to meet your needs, which improves efficiency.
3. If you want to wear the crown, you must bear its weight. Everyone's disappointment with ETH in this cycle comes from the expectation that it will lead innovation, not disappointment with its own public chain. There is still a difference.
4. Don't do crowded transactions. Everyone is FUD and sells coins, so you just follow them. Although ETH's price performance is not good, its fundamentals and revenue performance have not changed fundamentally. Although the transition from POW to POS lacks the support of miners and the support of basic prices, the value of ETH will be healthier. ETH has become more pure, and everyone can just look at its ecological development and technological development. #以太坊基金会
The characteristics of this round of the cryptocurrency circle can be summarized as follows: 1. The pattern of exchanges has changed: In the past, projects were listed on exchanges gradually, usually first on small exchanges and then on Binance. However, now if a project cannot be listed on Binance for the first time, it basically has no chance. 2. Lack of well-known star projects: There will be a highly anticipated project in each cycle, and the whole market is supporting it. There was $FIL in the last round, but there is no such project in this round, and even a project with such characteristics cannot be thought of. 3. The contrast between VC and retail investors: In this round, many VCs were cut off, and the pursuit of so-called "equality" through the mouth of retail investors eventually turned into the issuance of meme coins by the coin issuing group, and then listed on Binance. The fairness pursued by retail investors has become the sickle of the last liquidity in the market. 4. The market is fragile: As long as Binance launches a new project, the entire market will fall for a period of time. What does this show? The market's tolerance is really too weak. 5. Bad money drives out good money: It is rare to see a builder with real faith. Even if there is one, they will be ridiculed as naive. 6. For traffic, they will do anything: This industry can be selected as the "best screenwriter". For traffic, they will really do anything. 7. The rise of the North American elite team: Especially the North American team led by Chinese, this may be the future of the currency circle!
A prostitute went to PC and often gave tips to the prostitute. It is natural for PC to pay. But the prostitute thought the prostitute was generous, so she liked to play with him. Even if the prostitute owed money occasionally, she was willing to do so, because most of the time the prostitute paid even though he owed money. Maybe he would give the prostitute an unexpected surprise and tip her. The prostitute thought the prostitute was so nice.
The ultimate goal of the prostitute is to have sex for free, and it is best to have feelings for him and get money for free. Generally speaking, the more familiar the prostitute is with the prostitute, the more likely she is to be freed.
After all, one time, the prostitute owed money again, and the prostitute was still waiting for the kind-hearted prostitute foolishly, waiting like a big boss. But this time the prostitute was so cruel! He owed more and more! He never came back after owing money! The little money that the prostitute had worked so hard to save was actually swindled away by the prostitute at one time, and it was not enough!
The prostitute's nature as a liar will not change. He pays money just to cheat the prostitute more! And the market is this prostitute.
Used in trading:
People who do not set stop loss to trade have the mentality of prostitutes - every time they hold a losing order and wait for the return of the capital, it is like saying to the prostitute who owes money: "Uncle, come and pamper me!"
Such people are often "freeloaders", holding the losing order for a long time, and may run away as soon as the capital is returned. Usually, the winning rate of placing orders seems to be very high, but it is not profitable. Generally, they run away when they make a little profit, and they keep holding on when they lose. The money they earn for a long time may be reduced to the original state in one order, which is not enough.
Wall Street motto: The initial stop loss is the cheapest. There must be a stop loss when trading, because we don't know which time the market will never look back, and we can't bet on it. This is a way to go bankrupt. Many times, you may not encounter it, but if you encounter it once, it will be enough for you. And I can say for sure: as long as you don't set a stop loss, you will eventually encounter a time when the market will never turn back, it's just a matter of time.
No one is 100% correct. Stop loss is an integral part of successful trading. Trading without stop loss is definitely unsuccessful. Taking the initiative to bear limited risks is the basis for the existence of traders. Traders who don't set stop loss are not prepared to take risks. Do you think he can succeed?Not to mention becoming a master! #以太坊基金会
Main nodes of the event: Founder arrested - Musk/dogs called for free founders - $REDO resisted the dog pull -#TONdowntime - last night $DOGS $NOT $TON performed contrarian pull
1. First of all, judging from today’s counter-trend pull and the performance in the past year, TON’s banker is still very rich and quite powerful.
2. To see how an ecosystem is doing, the most intuitive way is to look at its: users, TVL, activeness, and developers
——500 million fell to 300 million on the same day—because of the crisis, it was normal for everyone to leave; TON TVL grew very fast, from 30 million in March this year to nearly 800 million in July-August, but now it has dropped to 300 million. Compared with other chains, it is still far behind. TON was ranked in the top ten before, but now it has fallen to 22nd. Now $ETH TVL is more than 46 billion, and $SOL TVL is more than 5.1 billion;
Let's briefly talk about some changes in the current environment of profiteering + arbitrage:
1. Profiteering A potential fact is that the valuation of a project is at least 1 times different if it is listed on Binance or not, so it is very important to pick the right project for profiteering at this stage. So what is the focus of Binance's new products: (1) a. Projects invested by Binance Labs b. Funding amount of more than $5 million c. Ignoring projects with serious homogeneity such as EVM's L2 and ETH's re-staking (2) a. Ton ecological projects b. Many real active users On this basis, many people have been profiting from Linea before. Projects like scroll can basically be concluded as a reverse pull Two-word summary: change
2. Arbitrage BTC rebounded from a low of $49,000 at the beginning of the month to around $60,000 at present, accompanied by wide fluctuations every day. There should be very few people who can make money. At this stage, all deterministic money-making opportunities are unprecedentedly volatile: (1) Binance ton financial management The quota of 1,350 tons per order, 20-day fixed, 300% annual return Switch your hand speed and sell out in seconds (2) SimonsCat's token pre-sale Because of the strong IP + DWF support, some numbers that pledged $1,000 tokens were obtained according to the rules. When it was their turn, there was no quota (if there was, the number was $5,000 + profit) (3) SimonsCat's airdrop to floki holders According to the data, the yield was 7%, but the coin was borrowed out (Binance had not yet issued a corresponding announcement at this time) All opportunities visible to the naked eye were closely watched by the smart money still in the market Two-word summary: internal circulation
From a macro perspective, interest rate cuts are a hot topic in the current market. Simply put, the United States has an interest rate cut cycle every 10 years or so, such as in 1989, 2000, 2007 and 2019. There are several rules here that we have to pay attention to:
During the interest rate cut period, the US stock market will inevitably plummet: the decline in 1989 and 2019 was about 32%, and in 2000 and 2007, it directly triggered the crisis, with a decline of more than 50%. A soft landing is fine, but if it is a hard landing, the market will really fall terribly.
US stocks usually do not peak at the first interest rate cut: they usually peak around the second and third interest rate cuts, except for the time in 2000, when the stock index had already fallen sharply before the emergency interest rate cut began.
Since 2017, Bitcoin has never been spared during the Nasdaq crash: almost every time it falls with the US stock market. However, after the interest rate cut, the index usually ushered in a wave of big gains.
In summary, in this round of interest rate cuts, we must be alert to the risk of Bitcoin falling due to the decline of US stocks. Although the market now interprets this interest rate cut as defensive rather than due to recession, the law of history cannot be ignored. When the interest rate cut really begins, we must carefully study the data from all aspects and try to make the most objective judgment.
Is there a dealer in Bitcoin? Of course there is. And now the dealers are getting more and more popular. The question is, who are the dealers? They are not a person or an institution, but institutions with common interests, including but not limited to exchanges, investment institutions, asset management companies, market makers, etc. The pockets of the leeks are their target. Bitcoin's short-term rise and fall, ups and downs, and pins have nothing to do with the news. The news is just a comfort for everyone: Oh, so this is the reason. The main reason affecting the short-term rise and fall of $BTC is that which side of the derivatives market (futures and options contracts, etc.) has greater benefits. The dealers will go in the opposite direction. Leeks are the food on the plate and the meat in the bowl of the dealers. Leeks and dealers are always opposites. As a leek, you must understand your position. Know who your counterparty is. Can you beat them? You can't beat them, right? I'm telling you, even Buffett can't beat them If you can't beat them, just be honest Stay away from all derivatives Hold the#bitcoinspot and invest regularly No one can beat you, in the long run, you can outperform 99% of people
Let’s talk about the dog dealer in the currency circle
There are two ways to pull the market, either the dealer buys, or retail investors buy, no matter which one needs to stimulate the emotion of fomo. The latter is even worse, and it requires enough hot money in the market. So, do you dare to play with retail investors pulling the market? ? Of course, it does not mean that there is no opportunity to make money, but what is the winning rate?
So when will the banker buy and buy to drive up the market? What does he look at? Is the technology awesome? Or is the project planning good? Will he drive up the market crazily in a bear market? In fact, the "banker" here should be called a market maker. It goes without saying which are the best market makers in the cryptocurrency circle. Some friends will definitely ask, does#BTChave market makers? Of course.#BTChas them, so what about copycats? Of course there are.
How long will it take for #BTC☀ to reach a new high? Time: Bitcoin began to adjust after reaching a new historical high around March 14, which has been more than 5 months, half a year. Looking at the two big bear markets, it started to fall in December 2017 and bottomed out in December 2018, and fell for a whole year. From November 2021 to November 2022, it also fell for a whole year. Even if it is a big bear market, it has fallen by half, so what is there to be afraid of. Moreover, from the linkage of US stocks and the inherent cyclical laws of Bitcoin, it is still in the bull market process.
From March 14 to August 5, the adjustment of 5 months is not a short time. It can be clearly judged that this wave of adjustment has bottomed out on August 5 and will not continue to fall. From 7w3 to 4w9, it has fallen by more than 30%, and there is enough room for decline. Although the adjustment is in place, the sharp drop on August 5 has led to the divergence between long and short positions, and the long position cannot gather quickly, and the short position is basically balanced in the short term. However, the fund is still almost continuously inflowing every working day, and the US stock market is still breaking upward. This balance will soon be broken, and the long position will still dominate. The Fed's interest rate cut is basically clear, but it is just a matter of how much. As the interest rate cut meeting approaches, the market will really reach a new height in the next 4 weeks before the interest rate cut. I think this kind of big positive is generally more expected. After the real interest rate cut is implemented, uncertainty will increase instead.
Why has a new type of copycat season emerged in the market?
In the past few days, I have seen those "junk projects" with a market value of less than 100 million US dollars on Binance. A bunch of them have been on the list of gains, and these projects have become "gold" with the launch of Binance contracts. Although these are air coins, the odds of these pull projects are actually higher than those of local dog meme. The market is essentially a pure capital game. Dog dealers use very low costs to collect chips from small-cap projects that have died and fallen by 80-90%, until they can easily pull the market with controllable costs. In this way, even if the market is pulled up ten times, the people who are trapped still cannot get their money back.
In contrast, the existing meme market and pumefun model are harvested cleanly, no matter how much money comes in, it is all harvested. Because their cost is almost zero, any amount of money coming in is considered a profit, it is just a matter of how much money they make. If this one doesn't work, they will move on to the next one. There is not much motivation to pull up at all. The main point is - how much you can harvest is as much as you can. As for those altcoins that have already returned to zero, they have to raise the price because they have to spend the cost of collecting chips in the early stage. Until they attract enough attention from funds, they have to keep raising the price and then use the contract market to cash out, such as TRB. If they are found early, they can take advantage of the dealer's ride in the first half. Of course, it is only recommended to go to spot trading here. The contract risk is extremely high. The dog dealer will make the K line jump up and down according to the market situation to explode the retail investors' positions and maximize their profits. As for the timing of spot delivery, we need to observe the trading volume and the market, and then take profits in batches when the opportunity arises. For us retail investors, as long as we find it early, the cost difference with the dealer is actually only a few dozen points, and the increase in these points is not enough for the dealer to recover the cost, which prompts them to continue to raise the price and wait for the opportunity to harvest in the contract market. From my observation, the contract standard on Binance is that the trading volume exceeds 10 million for 3 consecutive days. Whether you can get on this table depends on the strength and pattern of the dealer.
Recently, the money-making effect of altcoins is particularly good, and old players should be able to feel the mystery. This feeling is too familiar, and the rhythm of the K-line is similar. Basically, just chase it boldly after it starts. It will not be a wave, and it can last at least 3 days.
Anti-VC, VC was completely wiped out in this round, but the high valuation was not set by VC, the VC funds were actually invested. In the name of meme, a bunch of coin issuing groups and a bunch of sickles were ushered in, and the meme with high control without any cost, the United Exchange, responded to the call, shipped and left, and continued with the next project. In this round, did you really get rich by meme? Too much is as bad as too little, it will never be the world of retail investors, but, just like the general election, retail investors will always be cut.
The logic of dogs on Binance: Dogs has 20 million users on the surface. Maybe 19 million are studios and 900,000 are old users. But even if there are 100,000 new users, Binance will grab them. Binance's daily active users are only about 100,000. So 100,000 new users are very important to Binance. The key is peer competition. You don't want these new users. Ouyi, bg, bybit are scrambling for them. This gives me a direction for the subsequent heavy-weight new ecological projects: It must be simple! It must be the kind that web2 users can understand at a glance! Big Mao is simple. It must not be too troublesome or too difficult. If it is too difficult, it requires paying gss, which new web2 users will not do.
Important assessment criteria for listing on Binance: Ecology, background, hot spots, New users! New users! New users! Now the VC project party often has fun with themselves and releases a bunch of PUA tasks that old airdrop players can't understand. With this idea, can't you think about how to attract new web2 users? The core demand of the exchange now is to attract new users. As long as you can solve this pain point. You can be listed on the big exchanges at will. You can get listed on Binance even if you attract 50,000 new web2 users. In addition, there are projects that split the airdrop quota. This also gave me new inspiration. Dogs is a project that does not split the airdrop quota. What is a project that splits the airdrop quota? For example, gomble, issued 6 tasks to split the airdrop quota. The result is that the airdrop quota of the telegram activity is only one thousandth which is 700 times different from the 70% airdrop of dogs. There are also carv, sign-in, nodes, telegram games, interactive tasks. It is destined that the airdrop quota is scattered and will not be as simple as dogs to concentrate the big hair. Try to choose simple projects. The more the project party forces things, the smaller the hair. When I was down for two days, I was given an airdrop. The project party who is willing to give you money will not be too PUA.
Sun's "Sunpump" is unlikely to fade in the short term, and the reason is very simple.
First of all, Sun's status is high enough. He is not only the founder of a profitable public chain, but also the head of one of the three major exchanges. Such a background gives him enough influence.
Secondly, Sun is the kind of person who is willing to lower his status for traffic. Almost no one at his level can do this. In other words, if He Yi also makes trouble like Sun, "Pumpfun" on BSC will also become popular.
Finally, judging from Sun's high position and flexible attitude, almost no foreign KOL can resist the temptation of huge traffic and attention he brings. It can be predicted that Sun may cue foreign KOLs one by one next. So, accept TRX, don't be prejudiced.
Do I need to clear my spot positions? This question is often asked. I always stick to one answer: Don't wait until the market falls to clear your positions. Clearing your positions after a fall is called running away. Why don't you reduce or clear your positions when the profit is the largest during a rebound? Reducing or clearing your positions during a rebound is called locking in profits and taking the money in. It rebounded before Wednesday, and basically fell after Thursday. Today can be regarded as a "big rise" in the ultra-short term. If you reduce your spot positions during the rebound today, you will earn double the GDP compared to if you wanted to clear your positions when the market fell yesterday. When the market rises, we all hope that it will continue to rise, and it will keep rising. This is human greed. Only by overcoming human weaknesses can we survive in this market for a long time.
I went to the chain to review today. The change period indicates September-October. If the 519 trend is replicated, it also indicates September-October. If the moving average oscillation indicator is also September-October. This fully shows that the direction selected in September-October this year is the general direction for the next year. If it is not pulled up by then, then the beginning of this year will be the main rising wave of the bull market, and there will be no bull market later. Because by then, many indicators have already fallen into the bear market, and it is difficult to change the inertia of the indicators in a short period of time. It is more likely to continue inertia. Moreover, the theory of the extension of the bull market in the four-year cycle theory will also be falsified.
From now until October, most of the conditions for a change are now in place. After October, if the price and technical indicators are still like this, we should consider whether the bear market is confirmed. From this, it fully shows that the direction selected in September-October this year is the general direction for the next year. If it is not pulled up by then, then the beginning of this year will be the main rising wave of the bull market, and there will be no bull market later. Because by then, many indicators have already fallen into a bear market, and it is difficult to change the inertia of indicators in a short period of time. It is more likely to continue inertia. Moreover, the theory of the extension of the bull market in the four-year cycle theory will also be falsified. From now until October, most of the conditions for a change in the market have been met. After October, if the prices and technical indicators are still like this, we should consider whether the bear market is confirmed, and change the thinking from the bull market trend to a dead cat rebound.
Previous local dog: 1. Design web pages, interesting 2. Draw pictures 3. Contact community leaders for promotion 4. Design copy 6. Design token gameplay 7. Warm up in the group 8. Buy TG for big promotion 9. Do some defense work before opening 10. Do a good job against bottom robots 11. Start burning coins\locking coins 12. Start brushing transaction volume and spend 12,000U on CMC as a positive 13. Start drawing cakes
Someone asked me what kind of high-quality meme is. In my opinion, there are about seven dimensions for selecting high-quality memes: 1. The market value is not too high, preferably between 1M-20M. 2. It has been listed on two second-tier exchanges. 3. It is a new coin that came out in 2023-2024 and has been listed in the past six months. 4. The decline from the high point is about 90% or more. 5. The bottom has stabilized, and it has been fluctuating sideways for the past three months without going down. 6. The adjustment time from the highest position to the current position is preferably more than 6 months. 7. There is a large volume at the bottom, which proves that the dealer has begun to absorb funds and buy.
1. ORDI There is no sign of the dealer building positions and accumulating funds at present, so you can see that it has been very weak in recent months. There are many reasons. Maybe the bottom of 3u may have been full last time, and there is probably not much stock at the high of 80u. It has entered the mainstream and follows the market. The dealer is currently in a bad state or lying flat. In addition, the car is a bit heavy, but it can be accepted after 7 months of adjustment.
2. SATS dealers have obvious signs of accumulating funds, and the trend has been very strong in recent months. Affected by the release of Fractal Bitcoin, sats are used as gas for swap, so the trend is very strong, but the underlying reason is that this dealer is really strong.
3. RATS dealers have obvious signs of accumulating funds and building positions, but generally you can buy the first and second dragons and try not to buy the third one, but if the first two rise, the third rats will definitely rise, so this target is also good. It has been introduced in previous posts that RATS has been listed on Binance contracts and there is also an expectation of spot listing, with a high probability of 7-8 layers.
4. The inscription PIZZA has a lot of narrative and traffic. At present, the main force also has signs of building positions. With UNISAT as its father, it is still worth looking forward to in the future. There are not too many profit-taking orders and not too much selling pressure, so it is easy to pull the market in the future.