The timing of Mentougou's currency transfer makes me feel like they are doing insider trading.

If the compensation distribution can be completed at around 65,000, then this group of creditors will be quite comfortable, at least not distributed at 55,000 under the situation of maintaining panic.

At present, of the 120,000 $BTC that Mentougou is about to pay, about 90,000 will be delivered directly to retail creditors, and their cost price (including the 86% of the stolen) is about 4,500-5,500 US dollars per coin;

That is to say, even if most of the BTC have been lost, these creditors still gained more than 10 times the profit in terms of fiat currency. Of course, this is calculated based on a 10-year cycle. Taking into account the loss of opportunity cost, the creditors are actually losing money.

Now, the question arises, how many of these 90,000 BTC will enter the market and be sold?

If you were one of the creditors and received 10 BTC, what would you do?

Today, four of the top five on Binance's gainers are meme coins, namely sats, pepe, floki and wif.

This shows that in the short term, hot money prefers projects with fair issuance, a large number of users and strong consensus.

Other meme coins may see a rebound.

The data of the Sol chain has remained stable and has shown a positive trend. Projects in the Sol ecosystem deserve further attention.

The first picture shows the data status of each public chain; the second picture shows the cost of each project in the past 7 days.

$FLOKI

Spot code: FLOKO

Refer to the daily chart, the downward trend has already emerged, and a rebound is expected (see the figure for details)

You can wait for a callback to enter the market, and aggressive ones can enter now, with a stop loss of 0.00011

Set a good stop loss and get on and off flexibly

The above is only a personal suggestion, whether to operate or not is entirely up to you

Note that this is a spot, if you don’t have the patience to hold it for a long time, be cautious

Many people are concerned about legal issues. Old players who have experienced the bull and bear markets in the cryptocurrency circle tell you:

1. In China, $BTC is not legal tender. Individuals are free to buy and sell (including deposits and withdrawals) and it is not illegal. But don't speculate on exchange rates through U or recruit people

2. Carrying out cryptocurrency-related businesses, including opening exchanges, issuing coins, and conducting OTC, is illegal
Note that there are differences in cognition in domestic regions, and there will be deviations in law enforcement.

Do it with confidence.

Trump is so confident that he chose a clone of himself as the vice president, without considering choosing a centrist to win over the centrist voters.

Just two days ago, the Republican National Committee announced its party platform, which can be seen as Trump's new policy platform. In addition to the fiscal, economic, monetary and trade policies that everyone is paying attention to, the reform of the US bureaucracy is also an important part. It is called the "Drain the Swamp" plan, which aims to drain the political swamp in Washington and reveal the truth to the American people.

"Change the civil service system from a lifetime system to a contract system, so that the US president can dismiss incompetent bureaucrats; restrict congressmen from accepting lobbying by interest groups, and prohibit congressmen from speculating in stocks;"

This is a complete approach to rectifying the administration of officials, which will surely touch the interests of many "deep states".

Source: US SEC says Ethereum spot ETF will start trading on July 23 - $ETH
The final version of the application document needs to be submitted before Wednesday, and trading may start next Tuesday after it takes effect next Monday.

$XRP

The spot XRP I recommended to you on the 13th

Entered the market at 0.5065, and the current price is 0.5583, an increase of 11%.

Brothers who followed have already eaten the meat

If you want to know more about high-quality currencies and precise points, find Brother Shi, he will never let you down!

Finally I can give my wife an explanation. I almost knelt through the washboard. The spot $TRU 0.131 pushed on the 13th entered the market, and the current price is 0.1441, an increase of 10%. $TRB 74.8 entered the market, and the current highest price is 79.1, an increase of 6%. In three days, I succeeded in making money!

The brothers who followed should have made money, and it was easy to get it!

If you want to know more about high-quality currencies and precise points, find Brother Shi, and you will never be disappointed!

Fed chief Powell was in a heavy mood, like a defeated rooster. He realized that he had tried to use the sickle of the dollar to cut the "leeks" around the world, but ended up falling flat on his face. This was the first time he was so embarrassed. He wanted to catch whoever he could, but ended up only catching unlucky Japan. The United States had a good plan, but it overlooked that the "leeks" had already developed a set of self-defense skills and no longer bought into the dollar's tricks.

Fed Chairman Powell:

If the Fed waits until inflation reaches 2% to cut rates, it will wait too long.

Now that inflation has fallen, the focus will be on the Fed's dual mission.

The initial inflation driven by commodity demand does look short-lived, and the Fed overestimated how quickly the economy can return to normal.

The work done in 2020 on the epidemic will stand the test of history.

$BTC
More than 380 businesses in Costa Rica accept Bitcoin. When you travel to this country in the future, you only need to bring Bitcoin and save RMB and US dollars.

I think that if there is no "banker" or "main force", it is best not to get involved in some altcoins in the cryptocurrency market...

Some people say that if there is a "banker", then you will only be harvested. This is true. After all, it is not easy to make a profit from the "banker" and "main force"!

But if there is no banker, I am afraid there will be no chance to drink soup... The currency price is half dead, the volatility is low, and it continues to fall until it returns to zero. In this case, there is no chance at all!

However, if you encounter a strong banker coin, continue to pay attention to their trend patterns. Maybe one day, you can capture some regular market conditions with certainty to a certain extent, so as to share a piece of the pie

Sometimes I am really envious, because of my previous trading performance, I was lucky enough to enter a practical trader group, so no matter whether it is a trend market or a shock market, I can hear that someone has made millions or tens of millions in every stage...

I want to say that you can hear such legends in any market! Therefore, how can it not make people anxious... But thinking about it will make you feel relieved

If you hold a coin that does not make you feel at ease, and you are worried about a drop in price, or that the price will not rise as fast as others, or that a large amount of coins will be unlocked later, change them quickly and trust your intuition. This is metaphysics.

I went out to play yesterday and picked up 10 Us. I am going to buy the spot $QNT at the bottom. The current price is 75.4. I will take myself to fly, give myself a chance, and give myself a piece of sky. I will buy directly at the current price of 75.4. For details, please see the picture!

Brothers who are interested can follow. The triangle oscillation has ended and the downward trend has been broken. You can take a chance. Remember, you are buying spot goods, so be patient!

The above is only a personal suggestion. Whether to operate or not is entirely voluntary!

Interestingly, I saw a sentence "Short $BTC 60000, who would have thought that Trump's assassination would lead to bullish speculation". This is difficult to explain simply, and there is no need to force an explanation.

Events drive the market, and prices rise and fall without reason. Market supply and demand determine prices, and the impact of event emotional fluctuations is short-term and discontinuous.

Before Trump's assassination, market supply and demand changed from shorts to demand-driven oscillations. The price went from 64,000 to 53,000, and a large amount of supply was released. After the decline stopped, the supply on the market was insufficient.

Even if there was no assassination, the price would rebound, but the amplitude was small. Emotions and events cause prices to deviate from the mean in the short term, and the cryptocurrency market amplifies this effect, causing emotions to strengthen. The German government's selling caused prices to fall, and the assassination news caused prices to rise.

Over time, supply and demand return to normal. In the early stage of the event, we should respect the market and follow the emotions. After the impact dissipates and the emotions are released, we should follow the market to restore the mean.

The price trend is rational, and short-term fluctuations are irrational. Following the big trend and going against the small trend are the means of surviving the market cycle.

The world's major events depend on mission! Is this the speed of mission? I was shocked!

Last night I had tea and chatted with a big cryptocurrency trader. He shared some experiences that I think are very valuable and must be shared with everyone!

1. If you make a lot of money, leave quickly, then calm down and rest, or travel around the world to relax! ! ! ! !

2. If the continuous loss exceeds 10%, you must find out the reason for the loss to avoid getting deeper and deeper.

3. If you are doing short-term trading, don't trade if there is ambiguity. This is the easiest time to lose money.

4. Don't follow up if the increase exceeds 50%. Usually such opportunities are traps and buying is easy to get stuck.

5. After a continuous surge, don't be jealous of the high volume. This is often a lure to buy more. Control your emotions and don't buy.

6. Buy low when weak, and buy when strong.

7. Don't add positions if you don't understand the situation and are not 90% sure. It is safe to build positions in batches at low levels.

8. Operate the currency you want to buy in a familiar mode to make risk-free money!

9. Do not trade callbacks below the weekly line to avoid heavy losses from early intervention.

In short, as an investor, while pursuing high returns, it is important to carefully assess risks and invest rationally.

$BTC $ETH #美联储何时降息？

#今日市场观点

Spot code: $AVAX

Currently, the downward trend has been broken, and the current price is 26.88. Bet on a rebound. The first profit target is 34.3, and the second target is 39.7.

Pay attention to flexible boarding and alighting! Remember! Flexible boarding and alighting!

The above is only a personal suggestion, and it is entirely voluntary to operate or not!

Although it is old news, I have seen many articles about China's "lifting of the ban" on cryptocurrency mining recently, and reflections on this policy are also increasing.

On July 2, the South China Morning Post published an article by Professor Wang Yang, Vice President of HKUST. As a leading academic figure who supports cryptocurrency, Wang Yang's main views are:

1. It is an unwise decision for China to completely ban cryptocurrency mining, which has caused related businesses to be transferred to the United States, contributing a lot of tax revenue to the United States.

2. It is estimated that the United States has received about US$4 billion in cryptocurrency mining taxes due to the Chinese ban.

3. It is recommended that the Chinese government manage risks by allowing state-owned enterprises to participate in mining or holding shares in cryptocurrency companies.

4. In the context of increasing geopolitical risks and if Trump is re-elected as president, China should re-evaluate relevant policies.

5. It is believed that Hong Kong should be more active in developing the digital asset ecosystem and criticized its slow pace of service and complacency.

6. It admitted that he had underestimated the potential of Bitcoin and blockchain technology and missed investment opportunities.

7. It reflects the ongoing debate on cryptocurrency policy in China, with some scholars and experts questioning the long-term sustainability of strict control practices.

In short, Wang Yang called on China to reconsider its cryptocurrency policy and suggested a more flexible regulatory approach to manage risks and seize opportunities.

It should be noted that as of July 2024, cryptocurrency-related business activities in China are illegal financial activities, and related views must also be considered and judged based on a legal and compliant framework.

I bought $JUP with 5000u of salary on the 12th, and entered the market at 0.72. Now the highest price is 0.86. I have successfully gained 20% in three days, and I am one step closer to becoming a first-generation rich. Today's sky is particularly blue, the flowers are particularly beautiful, and even the vicious dogs passing by are a little cute.
The brothers who followed should have eaten meat, come back and thank me!
If you want to know more about high-quality points, find Brother Shi, you will never be disappointed!