#币圈日记

First of all, let us congratulate the excellent woman Zheng Qinwen! After 20 years, Chinese tennis has once again produced an Olympic champion. At the same time, this is also the first Olympic singles champion in the history of Chinese tennis!

Today, the market has been falling. It is still unknown when the bull market will come. The current situation is that we need to hold on. The group is doing short orders on BTC today, and the profit situation is very good.

In a week of ups and downs, the price of Bitcoin once reached 70,000 US dollars on Monday and fell to 60,810 on Saturday. The weak US employment report, the tense situation in the Middle East, and the reduced chance of Trump winning the election caused panic selling in the market.

According to Coinglass data, the cryptocurrency market has a total contract liquidation of 205 million US dollars in the past 24 hours, including a long position liquidation of 175 million US dollars and a short position liquidation of 29.6874 million US dollars.

Tonight, I hosted the AMA of the teahouse and met a younger brother who shared his experience in staking. I can feel the low cost-effectiveness of staking and the danger of staking projects. Especially this year's several superstar projects, such as zksyne and layerzero, have brought very little benefits to users.

Will the money-losing end? I don’t think so. It will only become more and more professional. Where there is information gap, there are opportunities. The path that EVM has taken will be taken by other chains again. For example, Fushi and PIZZA on BTC this year have both had rich returns. I believe that with continuous efforts and perseverance, we can always seize opportunities and wait for the bull market!  

Good night, that’s it for today, make a fortune in August.

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