Not every banker has a pattern. The bulls are endless and the sickles are endless.
Today, some friends said in the group that they haven't looked at their accounts for several months, but when they happened to look at them, their assets were still the same. With this current liquidity situation, we can indeed outperform a large number of people without losing money. If we can achieve a small increase in value, we will definitely be the leading player in the market. Most of the accounts that have been shrinking are those who work tirelessly to compete with the dealers.
In terms of news, the US seasonally adjusted CPI annual rate at the end of September was 3.7%, which was consistent with the previous value and lower than the forecast of 3.6%. The market performance was negative; the seasonally adjusted core CPI annual rate at the end of September was 0.6% lower than the previous value and slightly higher than the forecast value. 0.3%, market feedback was slightly positive. Judging from the core CPI annual rate, inflation in the United States has been contained to a certain extent, but the short-term rebound is bound to attract the attention of the Federal Reserve, and with it, Powell will most likely still have a relatively tough view, which is expected to continue to be negative for the overall market.
Therefore, in the core mainstream part, the sudden counter-draw of 28,000 points in the early stage, which Sanshu thought was a turning point after a false breakthrough, shows that the latest round of decline is already on the way. The withdrawal of market liquidity at the macro level has not slowed down. The attention-grabbing behavior of some hot copycats has further increased the speed of liquidity withdrawal from mainstream currencies. The most direct market result shown is that the big pie looks more and more resistant to falling, and other old mainstreams look more and more weak. The market value of the copycats is getting smaller and smaller, and then everything returns to the original point. That is to say, the market share of the big pie is getting bigger and bigger, and other sectors have nothing to lose. The market has returned to the starting point of the last round of big bulls. The big pie leads a new round of market with its absolute market share.
There are several hot copycats that should be paid attention to recently. The first is TRB, which has received great attention before. The short-term turnover rate has shrunk a lot. The small cycle pullback has always existed, but the high point has gradually decreased, and the speed of mainstream shipments has increased slightly. In other words, every subsequent round of small-level rebounds is an opportunity for the main force to ship. Currently, the position is stable and fluctuates at a high level around 180 million, and the funding rate is hovering at 0%. It cannot go back above 48 points at night, and it is not increasing its volume. In such a situation, it is only a matter of time before things go from bad to worse.
Then there are BNT and LOOM. BNT's early trading techniques are similar to TRB, but macro constraints have caused BNT's bankers to not dare to directly violently pull up, but have been making fake fund-raising actions to wash the market.Under the current situation where both the pie and ether are on the bearish side, Uncle San does not believe that BNT will continue to rise without limit, and luring more investors to take a shot and run away is what a rational bookmaker should do.
After Binance launched the contract last night, LOOM did not make a false shot like previous tokens and then turn its head straight down. Instead, it steadily rose up and shot up by about 30% again. Contract positions have been rising from the initial $80 million yesterday to a maximum of $150 million today, but the core funding rate has been stable below 1%. This shows that the main force has a plan to pull the market short, but the general environment does not cooperate, so it can only maintain high popularity for the time being and wait and see the market trends. If the market stops falling, it is highly likely that LOOM will continue to shoot higher and end the market.
Having said so much, I have to add one final point: staying away from contracts and leverage is the right thing to do. The game with the banker is too difficult. You need to consider various factors and figure out other people's thoughts. In the end, whether you will be cut off depends on the mood of the banker. It is too difficult.
Recently, there has been a relatively strong rumor in the circle of Binance withdrawing currency. According to the information obtained by the third uncle, it is indeed true. As the Palestinian-Israeli war intensifies, Yijie publicly issued a statement explaining that the accounts related to relevant Palestinian leaders were frozen, and then the assets were confiscated and put into the Israeli treasury. This behavior was interpreted by many big shots as CZ's surrender to the United States, which in turn led to some questions about whether Binance Security question. Sanshu once said in an article that the biggest thunder this year may be the SEC’s investigation or prosecution of CZ, which leads to market collapse. At present, this sword has not landed. But objectively, there may be problems with cz, and it is really unlikely that biance will fail like this.
A gentleman must be right if he does not build a dangerous wall, but judging from today’s market share of the crypto ecosystem, if Binance is gone, what is the meaning of our existence? Before another platform occupies half of the market, it would be too early to panic!
BTC: The market value of the market continues to soar in the short term, and it is getting closer to the final decision of the market. The trend was temporarily bearish, and the small rebound within the day was easily suppressed. We have waited for this step in terms of operations. There is no need to make big moves. If we advance the full position and add another indicator, when the market value of the pie breaks through the previous high, the decline by then will already be very extreme.
ETH: Ether directly fell below 1560 points. It is currently very weak. Before there is no short-term capital injection, it is highly likely that Ether will continue to trend downward. The short-term bottom is focused on 1480 points. #TRB #BNT #LOOM