After seeing Mr. Lang’s 10,000-fold exit from the Internet, I sincerely admire him. It is a great wisdom to retreat at the peak of his profits. This is the attitude of a master. Although we don’t make much money, we should sell some chips and turn them into cash when we are making profits. When we encounter emergencies or black swan events, we should have certain chips on hand to prevent risks and do a good job of risk control. In the future, if Trump regards Bitcoin as a national strategic reserve, the future height of Bitcoin will be even more difficult to estimate. After all, the last thing that can be used as a national strategic reserve is gold. The current market value of gold ETFs alone is close to 20 trillion US dollars. Even though the unit price of Bitcoin has now reached above 81,000, its total market value is only 2.9 trillion, and there is still 6-7 times of room for comparison with gold ETFs. If the United States regards it as a strategic reserve, other NATO countries will surely follow suit, resulting in Bitcoin sucking global funds like a black hole! Before going to bed, I will analyze it for you
1: In the short term, the US interest rate cut and the news that Japan’s October meeting minutes released today show that there will be no interest rate hike in December are all good news for cryptocurrencies. The money-losing ones come, and the blood-sucking ones go
2: There are two benefits after Trump came to power. One is that all kinds of supervision have disappeared, and the other is that the government’s streamlined funds will also flow into the market. Third, the subsequent policies will tend to be more relaxed. It can be said that both revenue and expenditure reduction are accounted for. These are not small benefits to the market
3: In the bullish trend, try not to develop the habit of shorting. Leveraged long orders can make a part of the profit, and the spot can continue to be held. If there is a big correction, long leverage can be increased. After all, it has broken through the consolidation range for more than half a year, and the weekly line has risen
4: Escaping the top is actually the same as bottoming out. The first batch of short sellers will explode miserably. Never be the first batch of copycats
5: FTX sued BN and Zhao Changpeng, claiming $1.8 billion
Related ftt ustc See if there is any hype
6: ETH is the leader of the entire altcoin market. ETH/BTC returning to 0.04 will be the signal for the start of the altcoin bull market
7: Binance will host a large number of leading or second-tier projects in various meme tracks within 20m, allowing the money-making effect to return to Binance. Now everyone really can’t lie flat anymore, let’s all move, get on the chain early, meme early, and get rich early