Now the Americans are issuing bonds to drain liquidity, with 7.8% inflation in the US for July and August, yet Bitcoin and Ethereum are still rising; I honestly can't understand it.
五味子
51m
Trump is cursing again, Powell. The U.S. 2-year Treasury yield is 3.88%, The 10-year Treasury yield is 4.4%. For every day Powell does not lower interest rates, the U.S. government has to pay hundreds of millions of dollars more in interest. Last night, the Federal Reserve meeting minutes showed that most officials believe tariffs may continue to drive up inflation, while a minority are willing to consider lowering interest rates at the next meeting.
However, U.S. stocks are surging, employment is good, the trade war is ongoing, and inflation is still not ideal, A rate cut in July is definitely wishful thinking. If we can cut rates in September, that would be good.
Powell, a real man. Let him curse; you know what Trump is like. Anyway, it won't cost him any flesh. $BTC
The market relies entirely on news, clearing the contract market is the real deal, Federal Reserve minutes: Most participants believe that, under appropriate circumstances this year, the federal funds rate should be lowered. Several participants indicated that if the data develops as expected, they would be willing to consider a rate cut at the July meeting.
On Friday, the US Independence Day market will be closed, so the market volatility should not be large. With a 3-day holiday, today's update will also be later than usual. Last night, I informed everyone that the bullish idea remains unchanged, and we are shorting Bitcoin near 109700 and Ethereum near 2600. Currently, the short positions are held, and the strategy of not chasing high prices remains unchanged. As I always say, you can choose not to short, but do not chase high prices at 2600 and 110000!
Bitcoin's daily K line closed with an inverted hammer candlestick. Yesterday, after testing the resistance at 110400, it pulled back. The current price has returned to around 10900 for consolidation. The MACD on the daily K line has not shown a decrease in volume, and the KDJ is still in the overbought zone, but the three lines have formed a dead cross. On the 4-hour level, the MACD bullish volume is continuously decreasing, and the KDJ has formed a dead cross pointing downward. On the hourly level, a head and shoulders pattern has appeared, indicating a need for a pullback during the day. Currently, the indicators on the short term also require adjustment, so the strategy of holding short positions remains unchanged.
The resistance above is at 109700, 110400, and 114000. Short positions should be arranged around these levels. The bullish and bearish lifeline is at 108000; only a drop below 108000 will test the 106000 and 105000 levels.
Ethereum's trend has been consistent with Bitcoin's. The indicators indicate a need for a short-term pullback, so regardless of how bullish you feel, I do not recommend chasing high prices directly. The resistance above is at 2620, 2670, and 2730, while the bullish and bearish lifeline below is at 2520. Only a drop below 2500 will allow the market to move down and test the 2450 and 2350 levels.
The above views are for reference only. Do not get carried away; maintain rationality and objectivity! Every action is a trial and error process, so cherish it and do not always think that one bet determines life or death. There can be wins and losses, but there must not be a liquidation or a significant loss…#美国加征关税
The big bullish candlestick has forced the shorts to close their positions, with a surge of 4000 points yesterday. As a short seller, I've been quite nervous and couldn't stop the losses, temporarily avoiding the sharp rise of the bears. At midnight, I suggested to everyone that we could short around 109500 and 110000, watching for a pullback. The current price is around 108500; if you entered a short position, you can continue to hold, paying attention to 108000, which is the lifeline for both bulls and bears.
Yesterday's explosive rise broke through the previously drawn downward trend line, but after reaching a high, the price has pulled back down and is now below the trend line, so the price is not yet stabilized. The bulls should not be overly complacent either. I personally do not recommend directly chasing the rise for new highs, as it is possible that the previous shorts could push the price down to 105000 and then suddenly reverse upward. We must be cautious of the market manipulating a sharp drop! It's not that I only know how to short; rather, I want to inform everyone of the potential risks in advance.
The lifeline for Bitcoin is at 108000; if it does not break this level upon a pullback, the price will continue to rise, facing resistance at 110300 and 111300. If the market falls below 108000, then the rebound will have ended, and yesterday's surge was merely to eliminate the shorts. The price would continue to pull back, with support at 107000, 106000, and 105000. Therefore, it’s crucial to focus on the gains and losses around 108000 today. For those being cautious, it’s advisable to wait for a break below 108000 before participating in shorts, aiming for 105000 for profit. For the aggressive traders, you can short around 108500, then reduce your position at 108000. If it falls below, you can aim for 105000, and if it rebounds, protect your capital and look for opportunities to go long towards 110000.
For Ethereum, pay attention to the lifeline around 2500. If it breaks below 2500, the bulls will retreat, with lower support at 2450 and 2380. If the support at 2500 holds, then the rebound can continue, facing resistance at 2620, 2670, and 2730.
In terms of operations for Ethereum, there are also two approaches. The cautious ones should wait for a break below 2500 to short down to the 2380 level. The aggressive ones can short directly around 2560, reducing positions at 2500. If it breaks below, aim for 2380; if it does not break and rebounds, close short positions and look for opportunities to go long towards 2730.
The above is only my personal perspective and may not be correct. Please treat this rationally, and do not get too carried away. Avoid heavy positions; do not increase your stake just because of losses, as wealth does not come in a rush! #美股代币化
The dollar is expected to rise as tariffs push up inflation and the Fed delays rate cuts
According to Jinshi Data, Chris Turner, a strategist at ING Bank, said that the dollar will see a few months of gains after tariffs pushed up inflation and forced the Federal Reserve to postpone interest rate cuts. Turner expects that trade tariffs will stimulate accelerated consumer price increases from August, restricting the Federal Reserve's interest rate cuts.
He expects the euro to fall back to the 1.13-1.15 range against the dollar for a short time, and the yen to fall to 145-150 against the dollar. This means that both the euro and the yen will fall by about 4%. Turner believes that the Federal Reserve may keep interest rates unchanged until December, when the dollar may see a small adjustment.
I saw a post on Twitter about the dividends of $UNI , and after reading it, I wanted to increase my position. What he said makes a lot of sense, and he described in great detail the future coin price after the dividends and what benefits holders can get. Those who play on Twitter can follow the latest updates! #加密市场回调 #美国加征关税
We are the champions! Did this long position feel great? Taking profit on the short and switching to long, we discussed this in the square because I saw large funds placing buy orders in the 105000-105500 range, which shows strong support. No matter the bull or bear market, as long as there is volatility, we can profit from both long and short positions, every day is our bull market!
Blockchain innovator Algorand has announced a major upgrade to its protocol, aiming to boost scalability and transaction speeds. The new version introduces a streamlined consensus mechanism, reducing energy consumption while enhancing security. This upgrade positions Algorand as a strong contender in decentralized finance, especially with widespread adoption in enterprise solutions. Market analysts predict increased interest from institutional investors, citing improved efficiency and future-proofing. As the ecosystem grows, developers are excited about new tools for creating more efficient dApps and optimized smart contracts. This evolution underscores the ongoing push toward sustainable, high-performance blockchain networks.
People keep telling me that Ethereum is dead. But how can you say it's dead when it is currently the only fully decentralized base layer?
Ethereum's Layer 2 chains currently have CB's Base for chain-based Rwa, OK's X Layer for stablecoin payments, Sony's Soneium platform, BlackRock's BUIDL tokenized fund, and many more. Moreover, this will involve more and more institutions over time. It is a completely decentralized platform with no possibility of dying; volatility in tokens is normal, and it's essential to clear leverage.
With stablecoin legislation, regulation, and Rwa coming in, Ethereum L2's advantages will become increasingly apparent. We may even see it evolve into an on-chain Internet protocol layer, and this trend is already emerging. Only Ethereum has achieved a balanced critical point in decentralization, security, compliance, and scalability, which is why giants like BlackRock, PayPal, Coinbase, and Sony are willing to build new territories on it. These institutions are not fools; decentralized platforms have absolute advantages.
Which coins to invest in under the Stablecoin Act?
Currently, stablecoins are divided into fiat stablecoins and algorithmic stablecoins, which are categorized by purpose into payment stablecoins and collateralized stablecoins or a combination of both. Which type of stablecoin thrives under the US (Stablecoin Act)? Through research on the act, we find that the Stablecoin Act targets payment stablecoins, while imposing a two-year ban on collateralized stablecoins, and explicitly prohibiting algorithmic stablecoins. In summary, the Stablecoin Act will accelerate the development of payment stablecoins, while collateralized stablecoins and algorithmic stablecoins will clearly have a negative impact, directly affecting the yields of CRV, MKR, and AAVE, and significantly benefiting XRP, XLM, and ALGO.$XRP $CRV
Fell, because purchasing U.S. Treasury bonds in the market requires spending dollars.
深潮 TechFlow
Apr 18
Deep Tide TechFlow News, on April 18, according to a report from Binance Research, the U.S. Treasury plans to issue up to $31 trillion in debt by 2025, reaching 109% of projected GDP and 144% of M2 money supply, setting a historical record. Foreign holders own about one-third of U.S. debt, and a drop in demand may drive up financing costs. This massive issuance could put pressure on risk assets (including cryptocurrencies), but if the government ultimately turns to debt monetization (printing money to fund the deficit), it may actually strengthen the investment thesis for cryptocurrencies.
Japan's interest rate hike at the end of this month
Binance News
Apr 17
Bank of Japan Expected to Continue Raising Interest Rates
According to ChainCatcher, Bank of Japan Governor Kazuo Ueda stated that the economic performance and prices are generally in line with the Bank of Japan's expectations. If the economy and prices develop as expected in the quarterly report, the Bank of Japan is expected to continue raising interest rates.
Bank of Japan Raises Interest Rates at the End of April
Every time the Bank of Japan raises interest rates, the imitation is halved within two months, marking the beginning of a disaster. This time, at the request of the United States, the Bank of Japan will continue to raise interest rates at the end of April.