TRB is the best choice for cryptocurrency trading. It is unjust if this dealer is not rich.

一鸣的交易日记 · 2023-10-10T07:38:48.000Z

After TRB was beaten in half in the early stage, it has once again won the championship recently. Some time ago, two large investors publicly raised 31,476 TRB from Binance. At that time, the price was around 34 points, the contract holdings were 150 million US dollars, and the funding rate was about -0.1%. In only 48 hours, the contract holdings exceeded the previous high and reached 370 million US dollars. , the funding rate reached a high of -3%, and the market price also directly broke through a new high and continued to trend upward. The liquidation amount of TRB in the past 48 hours reached 3.48 million U, second only to BTC and ETH. When it comes to considering and grasping human nature, TRB's main player has undoubtedly shown us his abilities in the past two rounds of performance. When the market goes down, decisively balance the long and short sentiments, and use time and space to absorb cheap chips. When the number of chips reaches the expected level, there is no hesitation in pulling the market. In a short period of time, the price is fully charged and the market continues to step on the right foot, making the market spiral upward.

After TRB was halved in the early stage, it has recently taken the lead again. Some time ago, two large investors publicly raised 31,476 TRB from Binance. At that time, the price was around 34 points, the contract position was 150 million US dollars, and the funding rate was around -0.1%. In just 48 hours, the contract position broke through the previous high to reach 370 million US dollars, the funding rate peaked at -3%, and the disk price also directly broke through the new high and has a trend of continuing to rise. In the past 48 hours, the amount of TRB liquidation reached 3.48 million U, second only to BTC and ETH.
In terms of the consideration and grasp of human nature, the main force of TRB has undoubtedly shown us his ability in the performance of the past two rounds. When the market is down, it decisively balances the long and short sentiments, and absorbs cheap chips in exchange for time. When the number of chips reaches the expected number, it pulls the market without hesitation, and directly raises the fee to the maximum in a very short time, and continues to step on the left foot and the right foot to make the market spiral upward.
Therefore, for market makers like this, the current crypto market is their natural stage. If it were in the traditional capital market, these people would have already gone to work on sewing machines long ago.
Regarding the future of TRB, let me tell you very clearly that if the contract positions do not experience a cliff-like drop, the funding rate will always be at -2.5% or higher, and #TRB  will completely explode in one direction, and the heat of this pool will never cool down.
Moreover, there are several coins that have rebounded strongly recently. MKR and WLD will stay as far away as possible before targeting us. As long as they don’t come to the table, no matter how sharp their knife skills are, they can’t hurt us at all.
Let's take a look at the mainstream market. Yesterday, both Bitcoin and Ethereum rebounded slightly, with a daily rebound of about 2%. From a cyclical perspective, they are still in a oscillating range at the bottom, and the possibility of a sustained upward breakout in the short term is not high. Correspondingly, gold plummeted today, and the differentiation between risk and value investment will become increasingly greater in the future.
In terms of market speculation, the latest news about the Cancun upgrade has come out, and it is expected to be postponed to the beginning of 2024. If the news is true, with the positive impact of the interest rate hike and the upcoming speculation of the Bitcoin halving, L2-level projects will have a stronger hype space. Another small negative is that after Ethereum switched to Pos, inflation has continued for some time recently, which has triggered a certain bearish sentiment.
My view on this is relatively simple. Friends who pay attention to the current inflation data should know that this short-term continuous data is not so large that it is difficult to understand and accept. In the case of a continued downturn in the market and the lack of good value targets in the chain ecosystem, it is normal for the number of people staking ether to gradually decrease and turn to value holding. Once the market picks up, deflation is still a necessary action, and it will achieve a very visual positive cycle. In short, Ethereum will not collapse.