In the country, although the law does not explicitly classify cryptocurrency speculation as illegal, the state has clearly prohibited such activities and severed the relevant financial circulation channels. Speculating on cryptocurrencies is essentially a personal investment behavior that will not receive legal protection, and investors need to bear all risks and returns on their own.

When investing in certain projects, if someone makes a profit, the atmosphere is harmonious, but once there is a loss, emotions run high. This is similar to the extreme behavior of buyers when housing prices drop in the real estate market. The state has repeatedly emphasized the prohibition of cryptocurrency speculation, therefore seeking national assistance to recover funds after losses is unreasonable. Additionally, in the country, losses from cryptocurrency speculation are also difficult to obtain legal support for. Thus, we should cautiously protect our property security.

Musk's Specific Influence on Various Cryptocurrencies Bitcoin (Bitcoin) Musk's attitude towards Bitcoin has evolved from initial skepticism to later support. He has publicly stated that the structure of Bitcoin is outstanding and is a better way to transfer value than traditional paper money. Tesla purchased $1.5 billion worth of Bitcoin in 2021 and began accepting Bitcoin as a payment method. This move greatly enhanced the visibility and acceptance of Bitcoin, while also driving up its price. However, due to environmental concerns, Tesla later suspended Bitcoin payments, which also impacted the price of Bitcoin. Ethereum (Ethereum) As a platform for decentralized applications (DApps) and smart contracts, the value of Ethereum lies not only in the currency itself but also in its ecosystem. Although Musk did not directly purchase Ethereum, he expressed recognition of Ethereum's technology and application prospects. Particularly at The B Word conference, Musk discussed Ethereum's potential alongside other tech leaders, which undoubtedly provided a positive impetus for Ethereum's development. Dogecoin (Dogecoin) Dogecoin was initially a meme-based currency, but it gained widespread attention due to Musk's frequent mentions. Musk has not only referred to Dogecoin multiple times on social media but also stated that he personally holds Dogecoin and believes it has the potential to become a currency for everyday transactions. His remarks significantly enhanced Dogecoin's market value, and despite its volatility, the community and influence of Dogecoin cannot be ignored. Influence Mechanism Analysis Musk's influence on cryptocurrencies is mainly realized through the following avenues: 1. Social Media Influence: As a globally renowned entrepreneur and a prominent figure on social media, Musk's statements can be quickly disseminated and affect market sentiment. 2. Corporate Behavior: Actions taken by companies like Tesla and SpaceX, such as purchasing Bitcoin or accepting cryptocurrency payments, directly influence the actual application and market acceptance of cryptocurrencies. 3. Technological Recognition: Musk's endorsement of certain cryptocurrency technologies provides a trust backing for the long-term development of these currencies. Conclusion Musk's influence on the cryptocurrency market is multifaceted, and his personal actions and statements have direct and indirect impacts on the market. Investors should consider Musk's influence alongside other market factors when contemplating investments in cryptocurrencies. Musk-themed little puppy 𝙋𝙪𝙥𝙥𝙞𝙚𝙨 holding address 16,000, with a market value of less than 100 million, has decent potential. #加密市场盘整 #市场调整後的机会？ #PCE通胀降温 #萨尔瓦多增持BTC #圣诞行情预测

The 2024 U.S. presidential election is undoubtedly one of the most talked-about elections in recent years. Despite a tense pre-election atmosphere, Trump won the presidency by a landslide, and the Republican Party secured a majority in both the House and Senate. This result marks the beginning of a new political cycle in the U.S., with the cryptocurrency market being a direct beneficiary of this change.
Why is the 12 months post-election considered the "golden period" for the crypto market? Historical data shows that the 12 months following the U.S. election are often a key window for strong increases in crypto assets, especially altcoins, which repeatedly outperform the market. Given the current policy environment, this time, the opportunity may be even clearer.

The recent continuous decline in the market seems to have pushed leveraged contract investors into a desperate situation. However, why did the market fall again after experiencing a decline? Here is my analysis:

• Reaction after the first decline: Dog dealers analyzed trading data and found that a large number of investors tried to buy at the bottom, and the contract positions rose accordingly. At the same time, spot investors who chased the highs did not sell their chips out of panic.

• Impact of the second decline: The second decline further destroyed the structure of many altcoins, causing naked K traders and a large number of retail investors to believe that the market trend had reversed, thereby selling their chips and detonating those bottom-fishing, more speculative aggressive long orders for a second time.

In the tumultuous world of cryptocurrency investment, my cousin's experience has been a rollercoaster ride. He mistakenly regarded the main force's selling behavior as wash trading, resulting in an entry with the capital of 200 bitcoins, ultimately ending up with nothing. This painful lesson is undoubtedly a cruel irony of market rules.

Many investors often confuse the main force's selling with wash trading; superficially, they indeed have similarities. Both are strategies employed by the main force in market operations, often accompanied by price fluctuations. For ordinary investors, accurately judging the true intentions of the main force is not easy. In the trading process, retail investors often can only speculate through market changes, while the main force can use various means to confuse retail investors.

Currently, the biggest challenge facing Dogecoin (DOGE) is that its market capitalization is not yet sufficient to compete with other mainstream cryptocurrencies. However, this is not an issue to be ignored, as the size of market capitalization is often directly related to market influence and investor confidence. Here are some of my thoughts on DOGE and the MEME market during this cryptocurrency cycle.

• Social experiment led by Musk
I have always believed that the tech nouveau riche represented by Musk is trying to disrupt the existing sovereign currency system, or at least is following the trend of the times. They use BTC and DOGE as weapons to attempt to seize control of the dollar from traditional power centers like the Federal Reserve. This, to some extent, is promoting the ideas of Austrian economists like Mises and Hayek—(the denationalization of money).

To those who repeatedly hear statements like 'there will no longer be an altcoin season in the future, BTC players have changed, and ETFs have entered, so in the future, there will only be BTC, no other crypto assets,' I can only say: this is utterly ridiculous.

Let's return to the most basic common sense. It's a good thing to see changes in the player community, and being optimistic about BTC is also correct. However, to believe that altcoin season will disappear is a complete lack of common sense.

In the long run, Bitcoin spot ETFs will indeed guide hundreds of millions of people into the cryptocurrency market, but who can imagine that these people will only buy Bitcoin and completely ignore any other assets? Such a situation has never occurred in any market of asset classes, so how can we expect an exception in the crypto market?

The cryptocurrency market has been quite spectacular lately, especially the price fluctuations of Ethereum (ETH), which have been heart-pounding. Did you hear? The price of Ethereum suddenly dropped below the $3,200 mark, and this news quickly dominated the headlines. In just 24 hours, the price fell over 13%, leaving many investors caught off guard and filled with confusion: what on earth is going on?

All this starts with those 'whales' — that is, the big players holding large amounts of Ethereum. They seem to be racing to sell their Ethereum lately. One big player deposited 22,746 Ethereum into Binance at once to repay debts, which amounts to a staggering $77.7 million! Even more astonishingly, another big player transferred nearly 50,000 Ethereum in just 8 hours and exchanged it for $137.8 million in stablecoins. Such big moves are truly jaw-dropping!

#加密市场反弹 " data-hashtag="#加密市场反弹" class="tag">#加密市场反弹 In the current cryptocurrency market, there indeed exists significant volatility and risk, especially for those investors using high leverage, where the brutality of the market is even more evident. Below is an analysis and speculation on several issues you mentioned:

• Market trend analysis:

• According to predictions by FBS analysts, the main trends in the cryptocurrency market for 2024 include the impact of key events on the digital financial landscape and emerging opportunities for the coming year. This indicates that the market is still evolving and changing.

• From the perspective of market sentiment, the greed-fear index is currently at 73, indicating a state of greed, which has decreased compared to before. This may suggest a reduction in market enthusiasm, but the bullish sentiment has not completely faded.

Has the risk of decline in the cryptocurrency circle been alleviated? Is now the time to buy altcoins that could potentially increase in value by 100 times? Signs of a comprehensive rebound in the cryptocurrency space have emerged; what should be the next steps?

After experiencing a difficult period, one of the characteristics of a bull market is the frequent sharp declines, which provide liquidation opportunities for highly leveraged long contracts, while short sellers take profits during the crash and switch to long positions, marking the beginning of a new market trend. As discussed yesterday, do not fear sharp declines; hold onto your coins steadily, and if you have excess funds, you should boldly buy the dip.

When a bull market makes you earn a lot, and you want to withdraw some pocket money, you might accidentally receive dirty money, which could lead to your bank card being frozen or more serious troubles. Those who have experienced this certainly do not want to go through it again!
So, how can we withdraw funds safely, stably, and with no risk? This article will share several legal channels and methods for 'withdrawing funds', helping you manage your assets while ensuring compliance.
Special statement: This article is only applicable to ordinary users with clean fund sources, intended for personal consumption and normal investment.
1. Licensed cryptocurrency exchanges + broker channels in Hong Kong to exchange U.

After several days of decline, market sentiment is tense, with hundreds of thousands of investors facing liquidation, and more than $7 billion evaporated. The sharp volatility of Bitcoin has led the entire crypto market into panic, as if the market has become a ruthless meat grinder. In my previous video, I repeatedly warned about the risks of December 27, urging everyone to avoid high-risk contracts, not to hold coins, and mentioned the risks of meme coins. Those who followed the advice should be relatively safe now.

So, where exactly is the bottom of the market? When can we expect a bit of breathing room? I will share my review analysis; interested friends might want to listen. Please note, this is just my personal review and does not represent any investment advice.