Late at night! Federal Reserve, big news!

This week, the global financial market entered the "Super Central Bank Week", and the Federal Reserve's interest rate decision became the focus of the market. The market generally expects the Federal Reserve to announce a rate cut on September 19, Beijing time, but the key question is the extent of the rate cut. At present, the market expects a 50 basis point rate cut probability of 59%.

This expectation has triggered a chain reaction in the financial market. The Dow Jones Index hit a record high on the evening of September 16, the US dollar index fell, and the yen rose against the US dollar, breaking through the key psychological level of 140. Gold prices also soared to $2,589.69 per ounce against this background, setting a new high.

Other central banks around the world, including the Bank of Japan, will also announce interest rate decisions this week. The market expects that the Bank of Japan will not raise interest rates this month and may take action at the end of the year, which may lead to a further narrowing of the interest rate gap between the United States and Japan.

The reasons for the Fed's rate cut include slowing inflation, falling inflation expectations, and a cooling labor market. At present, some core inflation indicators are close to the Fed's 2% target, and the market's expectations for future inflation are also declining, showing confidence in the Fed's ability to achieve its inflation target. Meanwhile, there are signs of a cooling in the labor market, such as rising defaults on auto loans and credit cards.

There are risks in rate cut decisions. If only a 25 basis point cut is made, there may be a risk of more weak economic data in the future. A 50 basis point cut could affect long-term Treasury yields, which in turn could affect mortgage rates and the real estate market.

Greg Ip, a senior reporter at the Wall Street Journal, called for a 50 basis point cut, arguing that the current economic environment supports the move, and noted that if only a 25 basis point cut is made, there may be more challenges in the future. Financial institutions predict that if the Fed initiates a rate cut cycle, gold prices may rise further, possibly reaching $2,700 per ounce by the end of the year.

The Fed's interest rate decision will have a significant impact on global financial markets, and market participants are closely watching its movements to make corresponding investment decisions.

#美联储何时降息？

Three major U.S. economic events this week may affect the trend of Bitcoin:

This week's cryptocurrency market may be affected by three major events in the U.S. economy, which may affect the price of Bitcoin and other cryptocurrencies.

First, Bitcoin has been hovering between $60,000 and $57,000 recently. Although the market faced some challenges in September, investors still have expectations for the market performance in October.

1) Trump's DeFi project WLFI launched

This Monday, the U.S. market was lively because of the launch of Trump's decentralized finance (DeFi) project World Liberty Financial (WLFI). Trump live-streamed the launch of this project on Twitter Spaces, and he seemed to challenge the status of traditional banks with cryptocurrency.

2) U.S. retail sales data

Next, the U.S. Department of Commerce will release retail sales data on Tuesday. This data is important because it reflects the trend of consumer spending, which is the bulk of the U.S. economy.

Retail sales fell 1% in July, worse than economists expected. If August retail sales are strong, it would suggest that the economy is healthy, which could boost confidence in risky assets like cryptocurrencies and stocks.

3) FOMC rate decision

On Wednesday, the Federal Open Market Committee (FOMC) will make its rate decision. U.S. inflation has cooled recently, so a rate cut is almost certain. But how much is still unclear, and market participants are watching closely.

According to the CME FedWatch tool, there is a 59% chance of a 50 basis point cut and a 49% chance of a 25 basis point cut. The impact of a rate cut on Bitcoin and other risky assets depends on how much traders have already predicted. A 25 basis point cut might cause Bitcoin to react cautiously.

JPMorgan Chase's chief U.S. economist believes there is a good reason to accelerate the pace of rate cuts. However, a 50 basis point cut could cause investors to worry about the state of the economy and avoid riskier assets, such as Bitcoin.

#BTC☀ #美联储利率决议公布在即 #美国大选如何影响加密产业？ $BTC

Trump, major emergency!

Former US President Trump recently encountered another thrilling moment. On September 15, he encountered a shooting near a golf club in Florida. The FBI believes this may be an assassination attempt against Trump. Fortunately, Trump himself was safe and sound, and he posted on social media to tell everyone that he was safe.

This is not the first time Trump has encountered an assassination attempt. He faced a similar situation two months ago. When the incident happened, Trump was playing golf, and the gunman was in the bushes not far away. The agents found the abnormality and took action in time, and the gunman was finally arrested.

US President Biden and Vice President Harris were relieved to learn that Trump was safe. Biden emphasized that the United States cannot tolerate any form of violence, and he has instructed the team to ensure that the Secret Service has enough resources to protect Trump.

In addition, some members of Congress have also called for increased protection for Trump, believing that all major presidential candidates should receive the highest level of protection. The incident also raised concerns about the disclosure of Trump's whereabouts and whether it is related to international forces.

At present, the suspect has been arrested. He is a 58-year-old man with a record of multiple arrests. This incident once again reminds people that the safety of politicians is of vital importance and needs to be fully guaranteed.

#特朗普拜登

Bitcoin rose back to $60,000 overnight! Now these 4 high-quality currencies are expected to rise 20 times in the bull market!

Bitcoin prices performed strongly on Friday, hitting $60,000 at one point, mainly due to the impact of US PPI data and the Fed's possible interest rate cuts.

Although the market may fluctuate in the short term, in the long run, the market remains bullish and is expected to set a new record high. Especially for altcoins, many of which are currently at the bottom of the weekly level and have the potential to break through.

These 4 altcoins have great potential in the bull market:

1) $LAMB

Performed well on OKEx and may be listed on Binance in the near future, it is worth paying attention to.

2) $NEAR
As a leading Layer1 protocol, despite the recent pullback, it has the potential to rebound to $4.5 or even $6.

3) $FET
A reverse head and shoulders bottom pattern has appeared, and the price has broken through the cloud and the 100-day moving average, indicating a potential price increase.

4) $CAKE

With the end of the Mid-Autumn Festival, funds may flow into Binance tokens. CAKE, as a token of the Binance chain, may become the focus of market speculation.

Don't give up when the market is down, because the time point for the election market has not yet arrived, and everything is running within a reasonable range.

#山寨季何时到来？ #BTC走势预测

Bitcoin bottom-fishing strategy: 7 key indicators teach you how to bottom-fish Bitcoin!

In a volatile market, should you bottom-fish? Falling to panic, is the bull market still there? In order to better analyze the current trend, I have compiled 7 BTC bottom-fishing indicators:

1) Ahr999 Index: This is an indicator that combines the short-term fixed investment yield of Bitcoin and the deviation between price and expected valuation.

When the index is lower than 0.45, it is recommended to bottom-fish; when it is between 0.45 and 1.2, it is recommended to buy fixed investment; when it is higher than 1.2, the coin price is high and not suitable for operation.

The current index is 0.6, which is in the fixed investment range.

2) Rainbow chart indicator: Display market sentiment through different color bands, and colder colors indicate low market sentiment, which is suitable for buying.

The current Bitcoin price is in a colder range, which is suitable for buying.

3) Relative Strength Index (RSI): Used to judge market trends. RSI greater than 70 indicates overbought and may fall; less than 30 indicates oversold and may rise.

The current RSI is 58.41, which is not yet in the bottom-fishing range.

4) Two-year moving average multiplier indicator: Use the two-year moving average (2YMA) and its 5-fold product to evaluate buying and selling opportunities. When the price is lower than the 2YMA, it is at a historical low and suitable for bottom-fishing; when the price is higher than the 2YMA x5, it is at a historical high and suitable for selling.

The current Bitcoin price is in a neutral range.

5) Unrealized net profit/loss indicator (NUPL): Assess market sentiment by calculating the unrealized profit or loss of all holders. When NUPL is less than 0, the market is losing money and suitable for bottom-fishing; between 0 and 0.25, it is slightly profitable and also suitable for buying.

The current NUPL is 45.33%, which is not the best buying range.

6) Realized value HODL ratio (RHODL Ratio): Measure market activity and speculation by comparing the number of Bitcoins held by short-term and long-term holders. A high value indicates that the market is highly speculative; a low value indicates that the market is stable.

The current ratio is 2689.22, which is in a neutral range.

7) MVRV indicator: compares the ratio of circulating market value to realized market value to reflect the profitability of holders. When MVRV is greater than 3.5, the market may reach the top; when it is less than 1, the market may reach the bottom.

Currently, MVRV is 1.83, and the market has not entered the bottom range.

#BTC走势预测 #BTC☀ $BTC

Bitcoin plunges after breaking through $58,000! The reason is geometry? The Bank of Japan's interest rate hike may revive the crisis!

Bitcoin price has experienced significant volatility, especially after breaking above $58,000 before experiencing a rapid pullback. It is currently trading between $56,000 and $58,000. At the time of writing, the price of Bitcoin was at $56,962, with the 24-hour increase narrowing to 0.54%.

There are two main reasons:

One is the yen carry trade. To put it simply, investors take advantage of Japan's low interest rate environment and borrow Japanese yen to invest in high-yielding assets, such as U.S. stocks. However, as Japanese economic data improves, the market expects that the Bank of Japan may raise interest rates, which increases the cost and risk of yen carry trades.

Once the Bank of Japan really raises interest rates, or the market expects to raise interest rates, investors will close their positions one after another, causing asset prices to fluctuate, and Bitcoin will naturally be unable to survive alone.

Second, the Fed’s interest rate cut expectations cannot be ignored. If the Fed decides to cut interest rates, the U.S. dollar will likely depreciate, while the yen will appreciate relatively. For yen carry traders, this means more dollars are needed to convert back into yen, increasing pressure to close positions.

This pressure could lead to a sell-off in the market, further impacting the price of risky assets such as Bitcoin.

In summary, this decline in Bitcoin is a direct reflection of changes in the global macroeconomic environment. When making investment decisions, investors need to pay close attention to the policy trends of global central banks and their impact on market sentiment and asset prices.

#美联储何时降息？ #日元加息 $BTC

Just now, the peak showdown took place! Bitcoin plummeted, what happened?

Just now, the first public duel between Trump and Harris ended, without live audiences, and lasted for 90 minutes. After the debate, both sides claimed victory. It is worth noting that during the debate, the price of Bitcoin fell, falling by more than 1% to below $57,000.

[About Bitcoin]

* Trump publicly supports the digital asset industry, so Bitcoin is seen as part of the so-called "Trump deal."

* In the debate, if traders believe that Harris has the upper hand in the debate, it may affect the price of digital assets such as Bitcoin.

[About economic issues]

* Harris criticized Trump's tariff policy, believing that it is not good for the middle class, and proposed his own tax incentive plan.

* Trump retorted that his increase in tariffs did not cause inflation, and accused the Biden administration of destroying the economy.

[About immigration issues]

* Trump accused Harris of supporting the "open border" policy, believing that this has led to an increase in crime.

* Harris pointed out that Trump's policies have worsened immigration issues and emphasized the need for bipartisan cooperation.

[About abortion]

* Harris emphasized that the Biden-Harris administration supports abortion rights and criticized Trump's abortion ban.

* Trump said that abortion issues should be decided by the states.

[About the Russian-Ukrainian and Israeli-Palestinian conflicts]

* Harris called for a ceasefire in Gaza and criticized Israel's military operations.

* Trump claimed that there would be no Russian-Ukrainian war under his leadership and hinted that Harris' election would be detrimental to Israel.

#美国大选如何影响加密产业？ #美联储何时降息？ #美国经济软着陆？
$BTC $ETH

As Apple adds AI to its phones, AI tokens are expected to be promising. Here are the top 14 AI tokens for 2024:

1. Internet Computer ($ICP): Public Internet extension as a global computing platform

2. NEAR Protocol ($NEAR ): Scalable, developer-friendly blockchain for DApps


3. Injective ($INJ ): Finance-focused blockchain with advanced DeFi capabilities


4. Theta Network ($THETA ): Decentralized infrastructure for video, AI, and entertainment


5. Oasis Network ($ROSE/WROSE): Privacy-focused blockchain for open finance and data economy

6. Fetch.ai ($FET): AI-driven autonomous digital task platform

7. SingularityNET (AGIX): Decentralized AI Algorithm Market

8. iExec RLC (RLC): Decentralized cloud computing on the blockchain

9. Sleepless AI (AI): AI-driven games that combine AI assistants with Web 3

10. Numeraire (NMR): Crowdsourced hedge fund through data science competitions

11. NFPrompt (NFP): AI platform that supports next-generation content creation

12. Arkham (ARKM): Artificial intelligence for blockchain analysis, revealing on-chain data and entities

13. ChainGPT (CGPT): Providing a set of AI-driven blockchain tools

14. enqAI (ENQAI): Decentralized AI for unlimited creative content generation

#AI板块强势进击 #AI幣

Big news! Bitcoin has shown signs of breaking through $90,000 by the end of the year

1) According to a report published by Bernstein, if Republican presidential candidate Trump wins the US election in November, Bitcoin is expected to hit a new high later this year, and the price of Bitcoin may reach $90,000 by the fourth quarter.

Trump has always emphasized that he wants to make the United States the world's capital of Bitcoin and cryptocurrency, and has mentioned crypto assets in every one of his policy speeches.

2) Lin Chen, head of Asia-Pacific business at Deribit, revealed that a huge Bitcoin option transaction took place today: a large investor paid $4.885 million and performed the following operations: sold a call option with an exercise price of $65,000 and expired at the end of June, and bought a call option with an exercise price of $90,000 and expired at the end of the year, involving a total of 500 Bitcoins.

$BTC #BTC走势预测 #BTC走势分析

Another super week! Three highlights in advance:

The three highlights of this week are as follows:

1) US August CPI data: The US Consumer Price Index (CPI) for August will be released on Wednesday. This data is a key indicator for measuring economic inflation. The market generally expects the CPI to increase by 0.2% month-on-month, while the year-on-year increase is expected to slow to 2.6%. The performance of this data may affect the Fed's interest rate cut decision next week, so it has attracted much attention.

2) US August PPI and Consumer Confidence Index: The Producer Price Index (PPI) for August will be released on Thursday. This data reflects the price changes at the producer level. At the same time, the preliminary value of the University of Michigan Consumer Confidence Index for September will also be released on Friday this week. This index is an important indicator for measuring consumer confidence in the economic outlook and has a great impact on market sentiment.

3) Apple's new machine launch conference, Oracle and Adobe's earnings reports: Apple will hold an iPhone launch conference on Monday. The event is expected to provide more details about Apple's Apple Intelligence AI platform.

In addition, two technology giants Oracle and Adobe will release their latest financial reports this week. Oracle's earnings report is expected to show growth in its cloud computing business, while Adobe's results may reflect the latest market performance of its creative software and services. These earnings reports are important not only for investors, but also for the overall trend of the technology industry.

Big news for the weekend! Bad news is coming

1) A big news for the weekend, the myth of ChatGPT is about to be shattered. Goldman Sachs found that the monthly visits to ChatGPT fell off a cliff. The visits in the first quarter of this year were close to 20 times, but in the third quarter they plummeted to 500 million times, a drop of 75%, which means that as far as users are concerned, the initial "excitement" about ChatGPT is fading. Customers may be tired of GPT-4 because there are too many large language models on the market, such as Musk's Grok.

In addition, OpenAI's charging model has also changed, from charging C-end users $20 per month to charging enterprises $2,000 per month, which can't help but make people worry about the sustainability and growth of monetization. Whether the AI ​​technology revolution will really be like the Internet bubble in the early 2000s depends on how many landing applications can change people's lives.

2) The second news is that Nvidia CEO Huang Renxun is selling company stocks bit by bit, which further worries investors. According to documents submitted by Nvidia to the U.S. Securities and Exchange Commission, Huang Renxun is selling Nvidia shares at a rate of 120,000 shares per trading day.

Huang Renxun continues to reduce his holdings, which is seen as a top-escape behavior. Last week, Nvidia's weekly decline exceeded 13%, and the previously disclosed performance was not so good, which makes people feel uneasy about the future development prospects.

#英伟达财报

All in Meme Lives in the Palace? In the current crypto market, most people can't make money. It is almost impossible to make a profit by simply buying and holding for a few months. Only by trading the strong altcoins or memes that recover quickly can you have the opportunity to make a profit of 30%~50%:

If you can buy $WIF within two days of the market crash, you can indeed make 76%, but it is easier said than done. I think the following altcoins are all in an oversold state and may rebound strongly in the future:

1) $FWOG | @FWOGeth

Price: $0.00000000019
Market value: $89,752

FWOG is a token created by the community and for the community. The goal is to grow FWOG from nothing to a multi-billion dollar enterprise.

2) $GINNAN | @Ginnanthecat

Price: $0.0000055
Market Cap: $34.7 million

GINNAN is a meme coin inspired by Doge, but with a cat twist. It’s like the Doge of cats.

3) $HOPPY | @hoppycoinERC20

Price: $0.000047
Market Cap: $19.88 million

Hoppy is inspired by the “Night Rider” comic frog and aims to rule the meme world with humor. All LP tokens are burned and contract ownership is relinquished, making it community-driven.

4) $MUMU | @mumu_bull

Price: $0.000050
Market Cap: $116.23 million

Mumu is a bull-themed meme coin that unifies the crypto world. With a supply equal to that of the U.S. dollar, it aims to challenge the financial system and become the leading decentralized currency.

5) $NEIRO | @NeiroOnEthereum

Price: $0.22
Market Cap: $226M

Neiro is $DOGE's sister, aiming to build a strong community in the crypto world. With a growing number of loyal fans, Neiro has quickly become a beloved figure in the#cryptospace.

#山寨币热点 #meme板块关注热点

Shorts gather!!! The last non-farm payrolls before the interest rate meeting! How will it affect the crypto market?

At 20:30 tonight, the US non-farm payrolls for August will be released. Previously, the non-farm payrolls data for July attracted much attention from the market, with 114,000 new jobs, far below expectations; the unemployment rate rose to 4.3%, a three-year high, and the market increased its bets on interest rate cuts.

Most Wall Street is optimistic, predicting that the number of new non-farm payrolls in August will rebound to 163,000, and the unemployment rate will drop from 4.3% to 4.2%, the first decline since March. Some analysts also said that if the labor market unexpectedly deteriorates, it may lead to a 50 basis point interest rate cut by the Federal Reserve in September.

In addition, the newly released weak US manufacturing data for August has exacerbated market concerns about the slowdown of the US economy; the JOLTS job vacancies in July were far below expectations, the lowest since the beginning of 2021, pushing up expectations of interest rate cuts.

On September 4, the US stock market opened high and fell. The S&P, Nasdaq, and small-cap stock indexes fell for two consecutive days, and the Dow Jones barely closed higher. Bitcoin and Ethereum also fell by more than 1% in succession.

The last non-agricultural report before the September interest rate meeting is here! What signal will it send?

🔥 Breaking news! The Fed's interest rate cut drama is about to begin!
🔥 Breaking news! The Fed's interest rate cut drama is about to begin!

The U.S. employment data for August was released, and the number of new jobs was only 99,000, far below the expected 145,000, setting a new low since October last year! This fueled the market's speculation that the Fed would cut interest rates by 50 basis points in September, and the probability soared directly to 45%.

📈 The stock market reacted quickly. After the U.S. stock market opened, the Nasdaq and S&P 500 indexes were like chicken blood, and the Nasdaq rose by more than 1%. Technology stocks and Chinese stocks also followed suit, and the market was booming.

👀 The bigwigs of the Federal Reserve are now keeping a close eye on the economic data to be released, especially the non-farm employment report this Friday and the CPI data next Wednesday. If these data are not strong, the Federal Reserve may have to use a big move, and a 50 basis point interest rate cut is not impossible!

📉 ADP data shows that although the pace of recruitment has slowed, not many industries have laid off employees, and industries such as education, construction, and finance are still adding jobs. However, the number of first-time unemployment claims has declined, which may have relieved the market a little.

🚀 The Federal Reserve's September interest rate meeting is coming soon, and the market generally expects a rate cut, but whether it will be 25 basis points or 50 basis points is still a mystery. However, Daly, president of the Federal Reserve Bank of San Francisco, has said that the extent of the Fed's rate cut will depend on the economic data to be released soon.

🌟 In short, the Fed's interest rate cut drama is about to take place, and everyone is holding their breath. The data on the job market will determine the Fed's next move, so let's wait and see!
$BTC
#BTC走势分析 #美联储何时降息？ #非农就业数据即将公布

The crypto market is about to undergo a major change! Only those who are prepared can make big money. Here are 7 reasons why altcoins are about to surge!

1) Bearish catalysts are fading

Negative factors such as the Mt.Gox sell-off, German dumping, Jump Trading concerns, recession and global conflicts are easing, paving the way for altcoins to rebound.

2) BlackRock BUIDL Fund

BlackRock, the world's largest investment fund, has shown confidence in blockchain technology and cryptocurrencies. Their tokenized fund BUIDL has exceeded $500 million.

3) Ethereum ETF

Ethereum ETFs have been slow to grow, but I believe their time is coming. Once these ETFs start to gain momentum, they will bring a lot of new funds to the Ethereum ecosystem.

4) Fed rate cuts

The market currently expects the Federal Reserve to cut interest rates three times this year. Lower interest rates generally reduce borrowing costs, leading to investment in assets such as cryptocurrencies, especially altcoins.

5) FTX’s $16 billion refund

FTX will distribute $16 billion, including $12 billion in cash, and many recipients are expected to reinvest in the cryptocurrency market. This influx of capital could trigger a new wave of buying.

6) Global Liquidity Index

The Global Liquidity Index can often predict the direction of the cryptocurrency market. Currently, its price is at a level before major historical surges. If this logic continues, we may see significant growth, especially in altcoins.

7) Retail investors are still on the sidelines

Retail investor interest in cryptocurrencies remains low, with few Google searches and Coinbase app rankings, indicating that most retail investors have not returned yet.

All signs point to a major change in the cryptocurrency market, and altcoins will lead this shift. Now is the time to prepare and take advantage of this growth opportunity.

#山寨币热点 #blackrock #美联储何时降息？

When will the "altcoin season" come? These 10 catalyst events will determine it!

For altcoins to soar, they cannot do without the following 10 factors:

1) FTX's $16 billion compensation

FTX is distributing a total of $16 billion in funds, of which $12 billion is in cash. It is expected that many of those who received these funds will reinvest in the market, triggering a new round of buying.

2) Global Liquidity Index

The correlation between the cryptocurrency market and global liquidity is very obvious. Whenever this index reaches the current level, the market usually ushered in a strong rebound.

3) Ethereum ETF

Although the development of Ethereum ETFs is relatively slow at present, I firmly believe that they will catch up soon. It's just a matter of time.

4) BlackRock's BUILD Fund

In addition to ETFs, BlackRock, as the world's largest asset management company, is very optimistic about blockchain technology. The BUILD fund proves this again, and this is just the beginning.

5) Goldman Sachs embraces tokenization

Major institutions have already joined this industry.

6) US Election

Trump's presidency is a positive for cryptocurrencies, as his administration supports the industry. He is currently slightly ahead in the race, so it's worth watching.

7) Fed rate cuts

The market currently expects three rate cuts this year, with a 90% chance of a 25 basis point cut in September.

8) Google searches and app downloads remain low

Google searches for "cryptocurrency" and "bitcoin" remain at bear market levels. In addition, the Coinbase app is ranked only 416th.

9) US Dollar Index

DXY has continued to fall over the past few months and is currently at a key support level. If this support level is broken, it could have a very positive impact on cryptocurrencies.

10) Bearish factors are fading

The main reasons for the market sell-off, including the MtGox incident, the German sell-off of Bitcoin, Jump Trading, recession concerns, and war, seem to be gradually subsiding, and these factors are weakening.

Summary: September may be volatile, but the fourth quarter is generally bright, hold on to your chips!

#山寨币热点

Will Bitcoin fall back to $50,000 in September? These 5 positive factors can keep Bitcoin rising

It is said that September will be a weak month for cryptocurrencies. Despite this, I don’t think so for the following reasons:

1) Historically, September is usually a poor month for Bitcoin, with an average return of negative 4.78% and a loss probability of 72.7%. But not all Septembers are like this. There are also cases where there are positive returns in September after the decline in August.

2) Strong selling pressure has been cleared: In July and August 2024, there was a large-scale sell-off in the market due to events such as the German government’s sale of Bitcoin, Mt. Gox’s repayment of creditors, Genesis Trading’s debt restructuring, and government-confiscated crypto funds. As these selling pressures weaken, the possibility of a fall in Bitcoin prices in September decreases.

3) The strength of long-term holders: Long-term holders have accumulated a large amount of Bitcoin in the past 30 days, holding 75% of the total supply. Many large Bitcoin wallets are dormant, indicating that these holders do not intend to sell in the short term, providing a solid foundation for Bitcoin.

4) September rally for Bitcoin ETFs: After slightly negative inflows in August, Bitcoin ETFs are expected to see positive net inflows in September, possibly between $500 million and $1.5 billion.

5) Favorable macro environment: The expected Fed rate cuts, FTX's cash repayment to creditors, and the US election's support for cryptocurrencies could all have a positive impact on the Bitcoin market.

In summary, while September has historically been a challenge for Bitcoin, the outlook for Bitcoin in September 2024 may be more optimistic than historical data suggests, given the removal of major selling pressure in July and August.

#9月降息 #BTC走势预测 $BTC

2 major negatives! Solana may face major hidden dangers, and the price of the currency is difficult to return to $200!

I will tell you an amazing truth from the published data. It is difficult for SOL to return to $200.

First of all, from the financial data, Solana has been losing money every quarter: from a loss of 160 million, a loss of 370 million, a loss of 840 million, to the second quarter of this year, a loss of 950 million in 3 months! The magnitude of this loss is still accelerating, and it can't be stopped!

The second point, which is also extremely important, is that SOL tokens are unlimited and the inflation rate is extremely high. Since August 2023, SOL's token supply has increased by 60 million. At the current price of 140U/coin, it is equivalent to selling 8.4 billion US dollars to the market, all of which we have taken over.

In October 2021, the total supply of SOL was only 301 million, and three years later it was 462 million, which is an annual increase of 15%. With such a high inflation rate, do you still dare to take over?

2024 is called the year of anti-VC. In the past, we have all been "cheated" by VCs. It is time to think calmly and independently and face it.

$SOL