$BTC rebounded around 57,000, once rebounding nearly 20%. Is it an oversold rebound or a reversal? This is a question;

2. $ETH is as weak as ever, with more declines than rebounds, and all exchange rate pairs have hit new lows;

BlackRock Ethereum ETF ETHA has received nearly $900 million in inflows since its listing two weeks ago; (BlackRock's ETF is really working hard to deposit funds)

3. $SOL has the strongest rebound, and the exchange rate pairs have all hit new highs, driving the entire chain meme up;

4. The scale of the Fed's reverse repurchase has fallen below $300 billion for the first time since 2021;

5. Goldman Sachs CEO: It is expected that the Fed will not cut interest rates urgently, and may cut interest rates 1-2 times in the fall;

6. Coinbase: Users need to migrate Galxe (GAL) to Gravity (G);

#PHRYGES of $SOL in the primary market is worth paying attention to. The community continues to output and has begun to exert its strength! #美联储何时降息？

$BTC
The decline at this moment is neither a correction nor a retracement to the bottom. This is just a short-term fluctuation caused by investors who trade intraday on the day line to take profits (close their positions) when the day and night lines are about to turn. The key lies in the performance of the US stock market tonight. If the US stock market rebounds from oversold tonight, opens low and closes high, then we will most likely continue to push for an increase. If the US stock market continues to fall at the opening tonight, it is likely that we will see the market fluctuate like a pie in the sky.
However, retracements and bottoming must be clearly distinguished. To confirm the bottom, there needs to be another rapid decline, which is often called the golden needle bottoming. If the bottom is probed again and does not break the previous low, then this bottom can be considered for long orders. Once it is broken, wait for short positions. Before that, there are two positions for reference, one is 52500 and the other is 51500. Once it falls below 51500, perhaps the previous low is no longer the bottom. There has been no re-test of the daily level, which is the direct reason why people have not dared to call for bottom-fishing. After all, July 5 and July 8 have just passed. Friends who are bottom-fishing halfway up the mountain are in a miserable situation...
The arrival of the Olympics will undoubtedly give birth to a hundred times MEME. What is the biggest hot spot? Mobile athletes, eternal mascots.
#PHRYGES #JumpTrading转移资产 #美联储何时降息？ #BTC走势分析 $BOME $WIF

$SOL SOL may have a big problem, 90U is not the bottom, don't buy the bottom!!!

Jump cleared Solana's token position when it plummeted yesterday, did everyone know?

The Solana chain, which is in its heyday, has a bright future. Why would Jump, such a powerful high-frequency quantitative institution, choose to clear its position? ? ?

The cleared $SOL tokens went into the wallets of you and me, and we gave the stablecoin to Jump

At such a low price, when will you buy the bottom? Who is the idiot?

I, Xiao Biscuit, will tell you the shocking truth today: $SOL will hardly return to 200

The information I judged comes from public data

🔹Solana lost 1.8 billion US dollars in the first half of the year alone, and the loss is still accelerating

🔹Solana has unlimited additional issuance, and has issued 161 million additional tokens in three years, and institutions are cashing out

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!

But #PHRYGES of $SOL in the primary market is worth paying attention to. The community continues to output and has begun to exert its strength!

You think it’s the bottom, but it’s actually still halfway up the mountain! Is 805 worth remembering? Just wait and see, maybe there will be an unforgettable 806 or 807 for a lifetime. The rooftop is very high, so you can be calm when buying low! Today, the 805 currency circle is wailing. Many people are clamoring to buy the bottom. The OTC premium of USDT has reached 7.6. My personal suggestion is that the current bottom may not be the real bottom. Everyone should be calm when buying the bottom! The reasons are as follows:
The U.S. stock market is expected to drop at the opening, and the decline in the U.S. stock market will drive the crypto market to continue to decline.
The Federal Reserve’s extraordinary meeting is not trustworthy. Americans’ work efficiency has never been trustworthy. Interest rates will not be raised immediately, and the benefits will not come immediately.
Risk of war. The situation in the Middle East is very tense and can break out at any time. Military expenditures need to be paid for by currency circles.
There are a lot of gamblers who buy the bottom. The more people there are, the more anti-human the bookmakers are, and they must be cleaned up. The above is my personal opinion! Personal opinion: The currency circle is only related to the overall situation and the banker. Wash the manuscript

#加密市场反弹 $BTC #PHRYGES $BOME

The trading volume of $BTC $ETH during the plunge yesterday was close to the trading volume on the day of the 519 plunge during the previous bull market. It was a typical panic selling during the bull market adjustment period. A large number of investors handed over their bloody chips due to negative news and pessimism, and many investors' leveraged positions were liquidated, while the main force collected sufficient chips at a low cost.

However, dialectically speaking, the emergence of panic selling means the full exchange of chips, which is a good thing for the development of the next stage of the bull market. Only after panic selling can the next stage of rise be more lasting and stronger.

The rebound after yesterday's panic selling was a natural rebound. The power of natural rebound usually comes from short covering. This rebound will not last too long, so it is not recommended to buy the bottom at this time. Moreover, the rebound volume is getting smaller and smaller, indicating that the buying at this position is getting smaller.

It is likely to fall again for a second test. The secondary test is for the main force to know whether there is still liquidation in the market. The ideal secondary test should be a short K-line with small steps down, accompanied by a significant decrease in trading volume, which means that there is no liquidation in the market, and thus the end of the decline. Next, we can observe the performance of BTC and ETH in the secondary test to know whether the downward trend has ended. However, from the perspective of the relationship between volume and price, the buying in the natural rebound process has basically absorbed all the selling in yesterday's panic selling, so the probability of the end of the downward trend seems to be greater.

#PHRYGES of $SOL in the primary market is worth paying attention to. The community continues to output and has begun to exert its strength!

Primary market information: RGB++ has started free casting, and the recent on-chain activity has increased. RGB++ is also a very good new protocol, which has a good effect on the construction of the BTC ecosystem. Keep paying attention to this sector. Recently, the RGB++ sector has new benefits, and new models are about to appear. You can

Strengthen your attention and don’t miss the early opportunities. The rune market is still sluggish. Pay attention to high-quality currencies in the rune market.

Wait for the second wash to start buying mainstream coins. Support and resistance: Today’s intraday market, BTC’s lower support is 52500-53000, and the upper resistance is 56700-57200. ETH’s lower support is 2250-2300, and the upper resistance is 2580-2630. Today’s Greed and Panic Index: 17 (extreme fear)

The primary market has $SOL of #PHRYGES mature communities, plus super high hot spots, worth paying attention to

$ETH BTC continued to fall yesterday, and the decline exceeded expectations. After the release of non-agricultural data, people were worried about the collapse of the U.S. economy, which caused panic. After the opening of the U.S. stock market yesterday evening, it did not continue to fall. The panic was relieved and began to rebound from oversold. I bought some ETH at around 2300. The copycat has not moved for the time being. We still need to wait and see in the short term, waiting for clear signals to appear. The big cycle is still positive. The return of liquidity brought by the interest rate cut will push BTC to a new height. The bull market expectation is still built. Everything has two sides. Although the short-term adjustment is painful, the recovery of the big cycle is inevitable. Those who built a hidden position yesterday will continue to wait. The short-term cycle still needs to be adjusted, waiting for the mainstream to stabilize. If there was no hidden pullback yesterday, some hidden positions can be built. The panic index has reached extreme fear, so some hidden positions can be built, leaving room for replenishment, waiting for certainty signals. ETH fell synchronously with BTC, and the depth Falling, beyond expectations, part of the holdings were built around 2300 yesterday, no clear signal was seen in the short cycle, those who had held holdings yesterday continue to wait, short-term adjustments are still needed, waiting for the mainstream to stabilize, no holdings were seen yesterday, partial holdings can be built, the panic index has reached extreme fear, partial holdings can be built, retaining space for replenishment, waiting for a certain signal
The cottage sector followed the mainstream to pull back, the pullback was large, and liquidity was still insufficient. In the past two months, pay attention to SATS, and buy in batches when the price drops. There will be major positives in September. PEOPLE can also be a key currency to focus on, and hold when the price drops, waiting for good expectations before the November election,
CKB is temporarily on the sidelines, waiting for the short-term adjustment to stabilize
Fundamental news: The Federal Reserve has opened an emergency meeting, and the interest rate cut is expected
At 50 basis points
#加密市场反弹 The primary market $SOL of #PHRYGES is worth paying attention to

You may not believe it, but although Ethereum has fallen so hard, the bull market pattern of Ethereum has not been destroyed yet:

First, Ethereum has not fallen below the rising trend line; secondly, the fourth wave of Ethereum does not overlap with the first wave (according to the wave theory, in the five-wave structure of the bull market, the fourth wave cannot overlap with the first wave).

Ethereum has fallen to the support level, but Bitcoin's current position lacks effective support and may continue to fall to around 43,000.

If Bitcoin continues to fall, will Ethereum be dragged down to break the support level? This is what I am more worried about at the moment.

#美联储何时降息？ #加密市场反弹
#PHRYGES of $SOL in the primary market are worth paying attention to

March 9, 2020

The US stock market announced the first circuit breaker, and the market ushered in a big plunge again. ETH

Falling from $210 to $190, a drop of 10%. BTC fell from 84 million to 77 million, a drop of 8%.

After two consecutive days of plunges, the air force was revelry, and most of the air force had closed their positions.

March 10, 2020-March 11, 2020
Sideways, after two consecutive days of plunges, many people felt that the risk was over, and even many people had opened more.

March 12, 2020
On the day of the plunge, the drop was very severe. ETH fell from $1,500 in the bull market to $150. I couldn't help but go all in and open more.

99% of people felt that the opportunity had come and started to go long. Even our air force group, led by the group leader, joined the ranks of bottom-fishing.

Everyone I know in the cryptocurrency circle has already opened a long position.
As a result, there was a huge crash that night.
Due to the outbreak, the US stock market ushered in the second circuit breaker.
ETH fell from $190 to $120 that day, a drop of 37%.
BTC fell from $8,000 to $5,500 that day, a drop of 31%.
Others wrote it for reference.
The current situation may not be the same as history. How to write about market twists and turns.
There is no cost-effectiveness of shorting, and there is no complete risk elimination. You must remove the leverage and return to spot. Check and prevent the risk of your possible explosion.
Don't fall down when the sun is about to rise.
#加密市场反弹 #PHRYGES #BTC走势分析 $BTC

Global Markets Right Now:
$BTC

Finally, I recommend #PHRYGES . This is a coin that I am optimistic about recently. It has strong community consensus and a good atmosphere. The narrative is the freedom hat that symbolizes freedom. It is quite good and can ambush.

Market Turmoil and Investor Sentiment

Global risk sentiment took a nosedive as stock markets experienced a sharp sell-off, driven by a series of weaker-than-expected economic data from the United States. The most alarming indicator was the unemployment rate, which saw a significant increase to 4.3% from the previous 4.1%. This unexpected rise has stoked fears of an impending recession, causing investors to worry that the Federal Reserve may be lagging in its response to cut interest rates. Over the weekend, there was a notable shift in market expectations, with analysts hastily revising their forecasts to predict more aggressive and deeper rate cuts by the Fed this year.

Adding to the market's anxiety is the escalating conflict in the Middle East, which has further fueled risk aversion. The VIX index, often referred to as the "fear gauge," surged to its highest level in nearly 18 months, reflecting the heightened uncertainty and volatility in the markets. Meanwhile, in Asia, China's Caixin PMI services for July unexpectedly accelerated to 52.1, marking the fastest pace since May. This stands in stark contrast to the official PMI data released earlier, which indicated signs of economic stalling, adding another layer of complexity to the global economic outlook.

Finally, I recommend #PHRYGES . This is a coin that I am optimistic about recently. It has strong community consensus and a good atmosphere. The narrative is the freedom hat that symbolizes freedom. It is quite good and can ambush.$BTC

$BTC Brothers, have you ever thought about What is the essence of money?

I think money is an IOU given to us by society You create value for this society This society gives you something in return This is a typical bartering And what society gives you in return is money The more you contribute, the more you get back. Therefore, money is actually an advance payment on your personal ability. We create enough value for this society; This society will give you enough money. Making money is a skill If you don't know this skill, it's useless to spend all day at home fantasizing about how to get rich overnight by speculating on coins.

The skill of making money is to "productize yourself" First you have to look at yourself objectively What skills do I have? What are my strengths? What industry am I good at?

Finally, I recommend #PHRYGES This is a coin that I am optimistic about recently. It has strong community consensus and a good atmosphere. The narrative is the freedom hat that symbolizes freedom. It is quite good and can ambush.

$BTC proves history
The Nikkei index was circuit-breakered twice today, closing down more than 12% in a single day, wiping out all gains this year and surpassing Black Monday in 1987!

I recommend #PHRYGES . This is a coin I am optimistic about recently. It has a strong community consensus and a good atmosphere. Its narrative is the liberty cap that symbolizes freedom. Pretty good, can be ambushed.

Elon Musk's Insights on the Future of Currency and the Economy

In recent years, Elon Musk, the innovative entrepreneur behind companies like Tesla and SpaceX, has shared his views on the economy and the role of currency in it. Musk's perspective is informed by his experience in various industries and his forward-thinking approach to technology and its impact on society.

Musk has expressed concerns about the potential devaluation of the U.S. dollar due to the Federal Reserve's monetary policies. He has highlighted the issue of the U.S. government creating debt and the Federal Reserve's ability to buy out this debt, effectively replacing it with money. This scenario, according to Musk, could lead to a situation where the dollar loses its value, affecting the global economy.

Moreover, Musk has emphasized the importance of goods and services as the true foundation of the economy. He has stated that money is merely a tool for facilitating the exchange of these goods and services, and its value is derived from the real economy. This perspective aligns with the concept of a gold standard, where the value of a currency is tied to a tangible asset.

Musk's views also extend to the role of cryptocurrencies like Bitcoin. He has suggested that the U.S. dollar could become worthless due to "stealth money printing," which could drive up the value of cryptocurrencies. However, he has also acknowledged the volatility and unpredictability of the crypto market.

In terms of economic policy, Musk has criticized the Federal Reserve for not cutting interest rates sooner, especially in light of a lackluster jobs report that raised concerns about an economic slowdown. His comments reflect a broader concern about the effectiveness of traditional monetary policy tools in managing the economy.

Finally, I recommend #PHRYGES . This is a coin that I am optimistic about recently. It has strong community consensus and a good atmosphere. The narrative is the freedom hat that symbolizes freedom. It is quite good and can ambush. $BTC

Sharing experiences on losing less money: 1. Level 1 players must pay attention to level 2 trends Many newbies on the chain have a misunderstanding that playing the first level doesn’t matter the market. At least that’s what I used to think. After losing a lot of money, I found that playing the first level requires finding a few reliable second-level bloggers to follow. You don’t need to follow them. Open an order to buy spot, but it depends on his views on the market and risk warnings. If the market falls, small market capitalization memes will definitely bleed into a river of blood. I think @MrKnowNull is quite reliable. I only read his daily BTC quick comments. Although the discussion is a bible to me, you only need to understand the central idea of ​​his post (i.e. bullish Still bearish) It doesn’t matter if you have a more conservative view. Losing less means making money.

2. Don’t be a brainless diamond player Under market conditions like the market, unless it is a hot market in recent days, there is no need to hold. When the market started to fall two days ago, many of the addresses I monitored began to clear their positions and run away. Most of these market conditions are bullish. Dogs cannot be spared. They will directly kill you. Don’t think that you are a diamond player. Many small-capital dogs have not yet established a consensus and it will be difficult to get up if they fall below. The market rebounds and rebounds early. Just take the coin that has established a consensus. If you don’t cut it early this time, take it first. Remember to be smarter and run faster next time.

Finally, I recommend #PHRYGES . This is a coin that I am optimistic about recently. It has strong community consensus and a good atmosphere. The narrative is the freedom hat that symbolizes freedom. It is quite good and can ambush.

Looking at this market situation, I didn't want to say anything originally. What should be said has been made very clear in the past few days. But seeing many people panicking and cutting their positions, I still can't help but come up and nag a few words. What caused this decline? When did it start? At first, it was the compensation of Mt. Gox and the transfer of Bitcoin by the US government. Actually, these are okay because their coins will eventually be sold out one day. Not to mention that the transfer of Bitcoin by the US government may not necessarily be for sale. Next, there was another conflict in the Middle East. This actually didn't have much impact. Everyone is already used to it. The Middle East has never really been truly peaceful over the years. What was really damaging was the poor economic data released by the United States, which was far beyond the market's expectations. The bad data made everyone think that a recession is coming. What does a recession mean? It means that everyone has no money and has to live a tight life, and there is no money for investment. This is also the reason for the decline in US stocks. But don't forget, this is only one month's data. The main cause is more influenced by temporary factors. A recession requires more data verification. Even if the following data is still not good, the Federal Reserve will not stand idly by. They will take all possible measures to regulate. History has proved that they have many and effective tools. There is no need for everyone to be so pessimistic. Now, the main force is just using the news to smash the market and make profits, and by the way, clean out the unstable chips. At the current price of Bitcoin at 58,000 and Ether at more than 2,600, there is definitely a demand for a rebound in the short term. Going further down is just an emotional vent. Students who have funds continue to buy the targets they are optimistic about. Those who have no funds must also control their hands and never be carried away by emotions to sell at a loss. #PHRYGES #美联储何时降息？ $ETH $SOL

Years of work required to buy a home: comparison across countries The number of hours of work required to purchase a home varies significantly across the world. In India, people have to work hard for an average of 45 years before they can realize their dream of buying a home. Japanese people generally need to work for 20 years. The number of working years required for Koreans to purchase a home is approximately 18 years. It is relatively easy for Americans, who can buy a house in about 8 years of work. British people need to work for 12 years. The French have to work on it for about 16 years. On average, Germans work 10 years to buy a home. Italian about 15 years. Spanish ca. 14 years. Canadian about 11 years. Australian about 13 years. Dutch people can expect to buy a house after working for about 9 years. Swedes only have to work for 7 years. Swiss about 8 years. Belgian for about 10 years. So, what about in China?

The leading mascot on the Sol chain has been reported by Binance News, Golden Finance, etc. Now the market value is only hundreds of thousands, the Olympic Games start, any heat detonates, the name # PHRYGES will be completely FOMO, and the token will also soar.#PHRYGES $SOL

The shocking turmoil in the financial market: a single-day loss and uncertainty intertwined

On a thrilling day, the global market fell into a vortex of tragic decline. U.S. stocks, oil, gold, silver, and the U.S. dollar index were all affected and fell.

Particularly eye-catching are the technology stocks of Nasdaq. In just one day, the market value evaporated by an astonishing 2.9 trillion U.S. dollars. This figure is enough to dwarf the entire cryptocurrency circle. You must know that the total market value of the cryptocurrency circle is far less than this. Intel and Amazon are the worst in this storm, with a drop of nearly 30% at one point, setting a record for the largest drop since 1982.

The recent market conditions are mainly determined by fundamentals. The two factors of the U.S. election and the Fed's interest rate cut have had a great impact on the market, but they are full of endless uncertainties. Previous negative news, such as the Mentougou incident, Grayscale changes, or the relevant measures of the German government, at least had a clear and visible validity period. Investors knew that this was only a temporary negative news and it would end one day. They could even estimate the time when the negative news would end through the change pattern of on-chain data, which made them feel relatively at ease, confident, and secure.

But this time, the situation was completely different, and investors were completely stunned. The reason for the stunnedness was that the degree of negative news was difficult to grasp and could not be clearly perceived. The decline made people feel lost. There were no longer specific negative selling entities like Grayscale and Mentougou to track. Everywhere they looked, there was grief. It was really easy to dodge an open gun, but difficult to guard against an arrow from the dark.
#美联储何时降息？ #美国政府转移BTC #PHRYGES $BTC $ETH

The 312 crash in the cryptocurrency circle: a thrilling historical moment

When we look back at the development of the cryptocurrency circle, March 12, 2020 is undoubtedly an unforgettable day. The crash that occurred on this day made countless investors experience a nightmare baptism.

On March 8, Bitcoin suddenly plummeted from a high of $9,200 to $8,300, a drop of 9.8%; Ethereum was not spared, plummeting from $250 to $210, a drop of 16%. Most of the altcoins were cut in half. However, many investors believe that the decline has ended, and they have entered the market to buy at the bottom, looking forward to the rebound.

On March 9, the market did not turn around as people wished. Bitcoin further plummeted from $8,300 to $7,700, a drop of 7.2%; Ethereum plummeted from $210 to $190, a drop of 9.5%. The sharp decline for two consecutive days made investors realize that the risks may be far beyond expectations, but some people still firmly believe that the price-performance ratio has fallen and continue to buy at the bottom.

On March 10 and 11, the market temporarily stopped the pace of the plunge and entered the stage of shock washing. Many investors are bullish on the future market and began to buy in large quantities.

However, on March 12, the real disaster came. Bitcoin plummeted from $8,000 to $5,500, a drop of 31%; Ethereum plummeted from $200 to $120, a drop of 40%. On this day, the currency circle almost collapsed across the board, and various altcoins fell several times, and all virtual currencies were not spared. The "312 Incident" was thus recorded in the history of the currency circle. On this day, a few investors still fantasized that the market had bottomed out, and some even borrowed money and took out loans to go long in an attempt to make back their investment; but most investors no longer dared to buy at the bottom easily, and even fell into despair, shouting that the end of the currency circle was coming and Bitcoin was about to return to zero.

On March 13, Bitcoin rebounded to $6,200 and then plummeted to $3,800, a drop of 38.7%; Ethereum rebounded to $145 and then fell to $89, a drop of 38.6%. At this point, more than 90% of investors in the cryptocurrency circle are close to collapse. This also warns us again not to blindly increase leverage, especially high leverage. Even if 98 out of 100 operations are successful, as long as the position is liquidated twice, it may be bankrupt.
#美联储何时降息？ $BTC $ETH $SOL #PHRYGES

The decline is an opportunity for those who didn't get the main rise. Two words: cherish 1. The US election is settled 2. The power of the second rate cut is beginning to emerge 3. Two months to digest the recession panic 4. Superimposed on the Bitcoin cycle, the 2025 bull market Then a year later, the United States officially fell into recession, the financial crisis reappeared, and the decline of Bitcoin was unprecedented We hold the huge wealth obtained in the bull market, and we are buying the bottom fiercely Recently, we have to play games fiercely and don't think about anything $BTC #PHRYGES