Live broadcast at 8:30 tonight, continuing to explain the market. I explained the logic of shorting ETH last night. The orders were also shared in the live broadcast last night. #市场关注美国非农数据 #美国大选后行情预测 #TIA超大额解锁 #你问我答

Yesterday, BlackRock purchased $900 million worth of ETFs. When arbitrage funds of this scale and level enter the market, it means that the market is nearing its end stage. Therefore, what people actually see is that when there is a large inflow of ETF funds, it is at the top, and when there is a large outflow of ETF funds, it is at the bottom.

I see many people in the square teaching that a bull market is coming, and that the current market leverage is too high, so one should be cautious. It's okay to teach everyone to chase the bullish pattern in spot trading, but what about futures?

So, Bitcoin may potentially return to around 68,000, while the leverage in altcoins will be completely liquidated.

Currently, most retail investors are opening long positions on altcoins, so the leverage on altcoins will be liquidated again. Last night, I noticed many people in the square chasing after altcoins, which only indicates that there are many uninformed investors with excess cash and insufficient understanding of the cryptocurrency market. I also clearly stated during my live stream that those with long positions should close them early, and those with spot positions can short Ethereum as a hedge.

I continue to short Ethereum. I see in the square that when Bitcoin and Ethereum rise, they shout for altcoins. It is impossible for altcoins at low prices to be openly offered for you to buy; they don't even have enough to build their positions, yet they let you buy. #BinanceBlockchainWeek #美国大选后行情预测 #TIA超大额解锁

Just talked about the logic of shorting Ethereum in the live stream. I also opened a small position to short Ethereum to hedge my long positions and spot holdings.

The logic for shorting Ethereum and the market is as follows:
1. The Ethereum Foundation is dumping again, and every time the foundation dumps, the market usually reaches its peak.

2. The exchange rate of Ethereum is strengthening, while Solana and Bitcoin are both declining. This is an unhealthy situation; the market flow should go to the strongest coins first and then to the weaker ones. This is a sign of an unhealthy market.

3. The open interest for Ethereum and Bitcoin contracts has both reached historical highs, and the fees have increased. Therefore, it is correct to expect a pullback and consolidation in the current market. It’s not yet time to go long.

In the future, everyone should tune in to my live stream every night at 8:30 PM for more teaching about altcoin trading and mainstream coin data. #BinanceBlockchainWeek #狗狗币创数月新高 #下一BTC历史新高是多少？ #美国大选后行情预测

Strategy summary: Currently, except for the long-term investment in Tao being stuck, all other altcoins in the short term have exited with profits.
$BTC #BinanceBlockchainWeek #狗狗币创数月新高 #你问我答

I had never paid attention to Dogecoin, but a friend reminded me to check it out during the live broadcast. I saw that it was rising wildly but I didn't dare to chase it. I immediately thought of two small-cap coins related to Musk's expectations, one Elon and one Musk. I immediately posted them and chased them with everyone. It turned out to be quite good.

My friend made money by opening this, but his BTC order has been locked. I saw that the square was terribly quiet and basically everyone seemed to be in a state of being locked. I used to have a few followers when I posted a content, but now there are no followers. I see that everyone in the square seems to be in a state of being locked.

At present, I have seen that Bitcoin has the possibility of a callback in the short term, but the depth should not be very deep, so if you have a short order or have just opened a short order, you can hold it again in the short term, but don't dream of falling by more than ten points, which is unlikely.

My expectation for the next market is that there may be a sharp shock and callback around the election, but it cannot change the long-term upward process. There is no doubt that the bull market has come.

I will start the live broadcast from 7:30 to 8 o'clock tonight. If you are interested in learning about the data of the cottage and on-chain holdings, you can follow me at #BinanceBlockchainWeek #狗狗币创数月新高 #你问我答

I just checked the data, and if there are many obscure coins that have increased several times in the next few days, don't be surprised. #你问我答 #BinanceBlockchainWeek #狗狗币创数月新高

The square is pitifully quiet now. I once mentioned in an article that the beginning of a bull market is always silent and deserted because retail investors hold a moderate view of trading, buying low and selling high. When the market is bad, they leverage to the maximum. As a result, during the stretch of the bull market, they feel it's too expensive to buy and retaliate by shorting until they lose all their chips.

I suggest if your capital isn’t large, you should focus on some altcoins and Solana because Bitcoin's volatility has decreased, making it harder to trade. Using low leverage and compounding to trade altcoins is a better choice.

Bull markets have large fluctuations. The first thing to do is to definitely lower leverage, reduce frequency, and amplify levels.

70% patience to wait, 20% in decisively executing, 10% in judgment. Retail investors have more time than market makers; you can slowly outlast them. When there is no risk-reward ratio, holding 99u is sufficient. Once a high risk-reward ratio appears, you must strike decisively. You need to think calmly like a hunter, lock onto the target, patiently wait, and once the signal appears, you must execute unwaveringly. You cannot be like a gambler, impulsively jumping at dozens of directions every day.

Let's talk about the market of Bitcoin first. This wave of Bitcoin market has already taken a direction. After the long-term share of Bitcoin touches the pressure level, the liquidity of Bitcoin will overflow to the altcoins. It is very likely that the altcoins will rise and outperform Bitcoin.

The reason why the altcoin season was not started at the beginning of this year was because the macroeconomic situation did not cut interest rates, but now the interest rate cut cycle has started as scheduled. With the inauguration of Trump, he has been more aggressive in cutting interest rates, so the possibility of altcoins continuing to rise is greater.

This wave has made a big dog together. I have always emphasized in the article that strong targets should be repeatedly traded, and weak targets should not be touched. This wave of nieroeth is a typical example. When the market maker's position increased sharply and the fee was negative, it was immediately allowed to enter the long position. This is a trading method often used by meme coin market makers. They pull up and drop sharply to deceive short sellers and then continue to pull up the market.

This kind of currency that pulls up sharply can only be used for short-term trading with small funds. The market makers who control small market capitalization like to play the most. I usually put my big money in coins with a relatively safe margin so that a positive cycle can be formed. But I see that everyone in the square is paying attention to some junk coins, and retail investors are investing in these coins. No altcoin is worth investing in. To play altcoins, you must know how to shoot and change like a scumbag. Retail investors often like to play these coins. After buying them at the top of the mountain, they start to pua themselves until their coins slowly return to zero.

The financial market should speak with data, but most people only care about the emotional side, which is often used by the dealer. The dealer only does two things: collect chips and sell at high prices. What you need to do is to follow the dealer instead of believing the story the dealer tells you. #你问我答 #BinanceBlockchainWeek #比特币布林带收窄至低水平 #狗狗币创数月新高 $NEIRO

Those who understand this article should have outperformed everyone in this wave of gains.
#你问我答 #BinanceBlockchainWeek

Market price has bought many small lowercase dogs.
$NEIRO is a cryptocurrency with few digits that has its own independent narrative support.
Looking forward to the day when neiro surpasses pepe #你问我答 #BinanceBlockchainWeek #比特币布林带收窄至低水平

At present, Sol has turned more than seven points. The logic and opening time of this wave are perfect. I see many people on the square saying that they have made public predictions. How can they make public predictions if they don’t even open orders?

But I see that many retail investors on the square have been completely polarized, either completely Fomo or completely shorting. Little do they know that when the bull market starts, these people will be used as fuel to quickly break through and start the bull market.

The biggest problem in this round of bull market is the problem of currency selection. For example, there are still many people doing mainstream contracts on Ethereum. As a result, it does not rise when it rises and plummets when it falls. Many garbage altcoins are close to zero from the perspective of on-chain indicators. There are no big players to touch the exchange, and the trading volume is pitifully small. However, there are still many retail investors who buy some and find that their coins are like zombies, but they are unwilling to cut them off.

But if you choose the right coin, a lot of funds are concentrated on it, such as lowercase dog, and the rise is super fast.

Therefore, this round of bull market is the biggest test for currency selection. Some people clearly see the general direction but still lose a lot of money. $SOL
#你问我答 #BinanceBlockchainWeek #比特币布林带收窄至低水平 #phantom钱包宕机

Continue to hold onto this order of mine, it has already risen five points over the weekend.

Remember the ICOs of 2018? They are very similar to the current meme gold dog tokens on SOL, but the outcome was that the ICO coins went to zero while Ethereum increased by dozens of times. This is very similar to the current SOL situation.

Every cycle has its own Ethereum, and SOL is the Ethereum of this cycle. Currently, SOL is technically a typical resistance turning into support, so I feel this is just the beginning. And the current negative fees for SOL indicate that retail investors are still continuously shorting.

Before the election results come out, I will continue to hold my position. #Tether否认调查和制裁 #年底牛还熊？ #战火将如何牵动加密市场？

With the FUD surrounding USDT yesterday, the market quickly liquidated a wave. I've seen several expectations for going long.

1. The market contract open interest has significantly decreased, with a large number of contracts being stopped out or liquidated.

2. The long-short ratio is extreme, and retail investors are frantically shorting.

3. The funding rate has turned negative again, and the expectations for the upcoming elections next week are approaching. The main players are moderately supporting the market at the support level, indicating that a FOMO rally next week due to the elections is highly likely.

I went long on SOL because SOL is the fastest coin in this cycle, and last night the leverage was also significantly liquidated. I might only return to close my position around BTC 70k.
#Tether否认调查和制裁 #年底牛还熊？ #加密货币市场持续震荡 #战火将如何牵动加密市场？

Purchased some ena, as usdt is under investigation. The ena under usde, which is the counterpart of usdt, might be speculated wildly by hot money, so I ran away first. #比特币挖矿难度创历史新高 #加密货币市场持续震荡

I see a lot of e-guardians blocking me; I just don't want my retail friends to lose money. By the way, the parent company of USDT is under investigation, and I have gone long on some USDC/USDT trading pairs, waiting to see if there will be a panic sell-off tomorrow. #黑客归还美国政府被盗加密资产 #加密货币市场持续震荡 #加密货币市场持续震荡

Share my views on the recent market direction.

In the past two weeks, we have seen:
Gold, US stocks, Bitcoin, US Dollar, and US Treasury yields all rising simultaneously, creating a wonder.
This indicates that there is certainly an issue with the pricing of certain assets - trading opportunities.
- BTC has shown a positive correlation with the Federal Reserve's net liquidity in 2024 and has been moving in a downward channel since the beginning of this year, while BTC recently broke through the downward channel.
- Recently, high-risk assets have surged under the event-driven context of the US election (November 5) and inflation trading expectations, so a significant drop may occur after the event.

Currently, the main players are still forcefully keeping the price at this level, so there may be another wave of increase. As the election approaches, selling news will lead to a sharp drop.

Therefore, I am taking profit on the long contracts, waiting for the main players' last wave before I go short. After this pullback, a real rise will be on the way, and in a few days, the main players may have significant fluctuations to settle the contracts.

It is not recommended for anyone to try to bottom out Ethereum, as Ethereum's decline is a spiral downward. The ETH in 2021 is somewhat similar to the current fluctuations of SOL, with volatility far exceeding BTC. Moreover, the narrative is very rich. If Ethereum were to develop a killer narrative now, it would be just as timely as NVIDIA; conversely, not developing one is its destiny of a spiral decline.
One major reason Ethereum cannot rise is due to the frenzy of retail investors leveraging. Retail investors believe that Ethereum will catch up and rise more than Bitcoin, so they leverage to buy Ethereum. The Ethereum whales liquidate the retail investors' leveraged positions, and retail investors continue to open long contracts. This forms a huge vicious cycle. This also leads to Ethereum's contract positions far exceeding its price.
Every time Ethereum drops excessively, someone shouts that this is the bottom of Ethereum's exchange rate, encouraging retail investors to continue bottom fishing.
I see that many people in the squares are still leveraging to buy Ethereum; I can only say that these people are the culprits why Ethereum can't rise.
Even if Ethereum suddenly catches up later, it will only be a flash in the pan. Currently, Ethereum's best role is merely to hedge against Bitcoin derivatives. Retail investors, lacking information, easily follow mainstream narratives and end up betting their entire fortunes on the wrong tokens. Often, public perception is incorrect.

Binance and several exchanges have launched contracts for goat, which clearly indicates that they want everyone to gamble. This cryptocurrency narrative is very new and is the only one that has emerged from the first level as aimeme. The enthusiasm in foreign communities is very high, and the liquidity is also good. However, for now, it can only be said that there hasn't been a proper pullback and it’s not yet time to buy. Once the washout is complete, the rise might resemble the crazy surge of $NEIRO . Currently, if you are a friend trading spot, you should hold and give up on the idea of swing trading, as it has been several months already; at this time point, selling could really lead to a missed opportunity. Now, keep the remaining USDT stored, and if there’s a pullback to below 60k, gradually load up on bullets. Buying only and not selling is the best choice for this quarter. Picking good coins is currently the hardest part for retail investors because even if the market performs well, a massive overall rise is unlikely due to the abundance of altcoins. Many coins simply can't rise; there’s no way around it. #BTC回升至6W7 #AI概念币走弱 #美国大选前行情观察

Share a few spot currencies with relatively high safety margins
1. $BTC Store of value strong consensus value
2. $USDe $ENA $USDT stables stablecoin sector
3. $SOL $BANANA real revenue, real cash flow, real PE
4. $WIF $PEPE $POPCAT $NEIRO and so many whatever you like meme coins
This is the industry's awakening, pursuing real income, staying away from overvalued worthless coins
These are relatively safe margin currencies, which can be positioned at suitable points. #SEC批准多支比特币ETF期权 #特斯拉Q3比特币持仓不变 #以太坊Pectra升级如何影响生態？