A decline can never completely eliminate the bulls; only an increase can allow the bulls to take profits.
Mate老陈
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Bitcoin liquidation chart:
My goodness, bulls are really indestructible. The long positions are larger than the short positions again, and this is the case of continuous long clearing
8w9 has a liquidation quota of nearly 1.8 billion. It was not that much in the morning
There are only two situations now:
One, the dog dealer opened a long order in advance, and the positive non-agricultural data boosted the shorts in the evening
Two, continue to clear the longs, if you don’t kill them all, you can’t go up #加密市场回调
Powell's press conference: 1. Interest rate outlook: We are gradually approaching the time when we can cut interest rates, but we have not reached that point yet. If inflation falls as expected and the labor market remains stable, interest rates will be cut as early as September. In-depth discussions on interest rate cuts were indeed held at this meeting. A 50 basis point interest rate cut is not currently under consideration. Different scenarios can be imagined, ranging from zero interest rate cuts to multiple interest rate cuts. Interest rates will be maintained unchanged or acted earlier depending on economic conditions. 2. Inflation outlook: There is no need to focus entirely on inflation. We are confident that the 2% target will be achieved. The scope of inflation decline has expanded and long-term inflation expectations seem to be firmly anchored. The upside risks of inflation have weakened. 3. Election impact: If interest rates are cut in September, it should be non-political. Any decisions made before, during and after the election will be based on a balance of data and risks, and we will never try to make policies based on election results that have not yet been released. 4. Economic situation: The data does not show signs of economic weakness or overheating, or there are some signs of weakness, but the overall situation is not bad. We have the ability to deal with economic weakness. The unemployment rate remains low, the labor market has become more balanced, and the downside risks facing the current job market are real.
ETH ETF This is just the approval of 19b-4. There is no clear statement on S-1/S-3S. At present, the front end of the SEC has not been updated, but it has been seen on the back end, so 19b-4 has definitely passed, but this does not mean that#ETHspot ETF can be listed, because S-1/S-3 is still required. In this regard, I tell you that you don’t have to wait, because 19b-4 has passed, which means that ETH spot ETF has definitely passed, and listing is just a matter of time The market will still rise after the shock. Be cautious with contracts $ETH