The world has undergone "great changes unseen in a century." In the context of the Sino-US trade conflict, three years of overlapping epidemics, the Russia-Ukraine conflict, and the restructuring of global supply and industrial chains, global economic growth has declined and entered a new era. On the one hand, this new era faces lower growth, and at the same time, it also has to deal with a series of shocks such as high inflation, high interest rates, and high risks. All countries are facing a more complex and harsh external environment. China has been deeply integrated into the global economy, and changes in the global economic growth model, development pattern, and global risk characteristics will have a profound impact on China. First, we have seen that countries, mainly Europe and the United States, are suppressing China in high-tech and other fields. This will have a certain impact on our current high-tech development and have a huge impact on our exports. Second, the restructuring of global supply chains and industrial chains will also bring us some challenges, but it will also bring some opportunities. Third, the impact of the epidemic has indeed caused economic recovery to face some new problems. Changes in the geopolitical and economic landscape will cause non-traditional risks and traditional risks to continue to rise, such as some risks brought about by the Russia-Ukraine conflict and geopolitical conflicts. There are still many problems that we may have to face. This round of economic recovery is indeed different from previous recoveries. #etf #ETH #BTC #sol #Web3Wallet $BTC $ETH $BNB

Wall Street stock god, tops the list of returns #etf #sbf #BTC #sol #near $BTC $ETH $BNB

The Federal Reserve's decision to remain on hold at its November interest rate meeting seems to contradict the narrative of a strong U.S. economy. It is self-evident whether this includes the U.S. consortium's overseas geopolitical concerns. Tonight's non-farm payrolls were also far lower than expected, and seemed to be extremely controlled in line with the market's narrative that there is a probability of starting an interest rate cut cycle in the middle of next year. The Federal Reserve's trading method, which seems to be looking at the sky, is actually just a multiple-choice question between plan A and plan B.

Taking history as a guide, the author does not believe that Powell's neutral stance at the meeting was dovish. In the United States in the 1970s, it was the volatile interest rates that led to rapid recovery, rapid recession, and continued stagflation. The current Federal Reserve is well aware of the reasons why the federal funds rate was close to 14% at the end of 1979 and as high as 20% in 1980. The author believes that the lessons of history will not allow the same mistake to happen again. Even if the Fed no longer adheres to the "higher for longer" narrative, it will inevitably launch a "longer" narrative.

The reasons are as follows:

1. The Fed can no longer underestimate inflation resilience as it did during the Volcker era.

2. The tail risk of raising interest rates and shrinking the balance sheet is not excessive tightening, but insufficient tightening to consume and erode MMT’s excessive currency issuance scale.

3. The Fed's bond losses are not actual profits and losses. If you tolerate it a little longer, the situation will be calm. There is no need to be short-sighted.

#etf #xrp #BTC #sol #near $BTC $XRP $ETH

The seasonally adjusted non-farm payroll employment in the United States in October was 150,000, the smallest increase since June. It was expected to be 180,000, compared with the previous value of 336,000. Spot gold rose nearly $10 in the short term and is now at $1,997.16 per ounce. Spot silver rose by $0.2 in the short term and is currently at $22.83 per ounce. The U.S. dollar index fell nearly 40 points in the short term and is now at 105.51. U.S. Treasury yields fell after the release of non-farm payrolls data, with the 10-year Treasury yield falling to 4.578%.

After the non-agricultural data was released, federal funds futures prices showed that the possibility of the Federal Reserve raising interest rates by January next year dropped to less than 20%.

The U.S. unemployment rate in October was 3.9%, the highest level since January 2022. It is expected to be 3.80% and the previous value was 3.80%.

#etf #xrp #BTC #near #sol $BTC $ETH $BNB

It’s really interesting. The Asian trading market has been dormant for so long, because ETFs have become active again. This weekend, looking back at the US trading time, it has been sluggish. However, the Asian market is still so active. The current operation of Bitcoin is in a volatile stage. Above The 1-hour Bollinger Band line is just suppressed. If the volume does not continue to break through the exposure, the natural decline and shock will make the amplitude more and more extreme. This afternoon or later, there may be a small market. As for the 4-hour line, it is still in an open state, and the price is relatively stable. After the delivery and settlement of periodic goods yesterday, the current prices in the futures market and the Bitcoin spot market are basically at the same level. Looking at the trading depth of Bitcoin over the weekend, the trading depth from the top to 31,400 is about 15 million, and the depth from the bottom to 28,000 is about 12 million. Basically, judging from the depth of transactions, the current active status of Bitcoin is still insufficient. But looking at the speed of the market's rise and fall, the Asian market is indeed more active than the previous weekend#xrp #etf #ftx #uniswap #axs $BTC $ETH

When you encounter confusion and confusion, you must find a way to calm yourself down, not just for the sake of being quiet, but to improve your wisdom in the process of quietness, so as to find a solution to the problem#币安 #币安 #BTC #ETH #美联储是否加息？

I see that many friends still have various questions about the application for BTC spot ETF. Today I will help you briefly sort out the ins and outs of BTC spot ETF.

[What happened in the past] - [What recent developments] - [What will happen in the future]

【past】
1. Grayscale applied N times to convert its GBTC into a real spot ETF, but was rejected by the SEC.

- GBTC cannot be redeemed, so there has always been a price difference. Now the price difference is -13%, the highest point in the past two years.

-The peak spread is +40% (the peak of the bull market), and the most desperate spread has been -45% (the lowest point in the industry)

-On the contrary, if it becomes an ETF, its price will strictly track BTC, because redemption and position adjustment are very smooth.
future】
6. SEC loses the case = SEC must give clear reasons, but ≠ SEC will definitely approve BTC spot ETF

-However, futures ETFs have been approved, so it will be difficult to write down the reason for rejection.

-Without any reason, the SEC may be pressured to approve a BTC spot ETF. Of course, the SEC can also continue to refuse forcefully.

-Timeline? Not sure yet

-Will you criticize Grayscale? The negative premium of GBTC has climbed to a new high in two years, indicating that there is a medium probability of this.

-Will BlackRock be approved? Judging from BlackRock’s past application success rate, this probability is higher.

7. What changes will happen in the market if BTC spot ETF is approved?

- Last time CT misrepresented wrong news, which brought a 10% increase to BTC. If it is true, the effect should be better.

- Give traditional funds a simpler way to allocate BTC, no need to register Coinbase, no need to download a BTC wallet

-For Crypto, the industry does not need traditional funds to enter in large quantities, let alone "running into the market." Even if these funds only make a "defensive allocation" of 1% of the position, it will be a very strong positive capital inflow for the BTC market.
#xrp #etf #ftx #sui $BTC $ETH

For those who like and love trading, it is easier to achieve success if you regard trading as your hobby. Trading is also cruel, similar to competitive sports, and requires you to have very good professional qualities and personal recovery. For a pair of traders People who are full of love are more likely to accept less than satisfactory endings. For people who just want to make money in the currency circle, it is easier to feel a sense of loss#币安 #BTC #ETH $BTC $ETH $BNB

Trading is never done overnight. Wait patiently for the emergence of certain signals and avoid blind investment in the high-risk ambiguous stage.
#公链生态 #新币挖矿ntrn #注意资金安全 #BTC #ETH $ETH

You must have reverse thinking when doing transactions. The probability of those who can eventually make money in the currency circle is destined to be small. In the bull market, there are relatively more people who make money, while in the bear market, there are more people who lose money (there are very few people who make money). In the long run, the probability of making money is small. Try to make more money in the bull market, operate less and lose less money in the bear market. Don't try to let others recognize your thoughts and ideas (if your thoughts and ideas can be recognized by the public, in the You will most likely lose money in the stock market) #币安 #BTC #ETH $BTC $ETH

There is no absolute fairness in everyone's destiny. Don't worry or be anxious. As long as you keep working hard, all the hardships and patience will be made up for in the future.
#LOOM #币安 #BTC #美联储是否加息？ $BTC $ETH

The greatest individual trader in history: Jesse Livermore, who experienced four ups and downs in his life, and finally chose to commit suicide to defend his dignity (Livermore ended up not because of bankruptcy, but because of a huge life gap). The terrible thing is not failure. The most unacceptable thing is the huge gap in life. There will definitely be times of confusion and confusion when doing transactions. In fact, there are two books you can read more: Poor Charlie’s Book (Western Philosophy, Teach You How to Live) , teaches you the wisdom of life and how to avoid making mistakes), Wang Yangming's Psychology (Eastern philosophy, teaches you how to face yourself, learn to reconcile with yourself, and look inward to solve the confusion of life) #币安 #BTC #ETH $BTC $ETH

The road is long and long, and in the long river of time, there is no smooth road, but as long as you can steady your heart, the winding road will slowly become smooth under your feet.
#公链生态 #币安 #BTC #ETH #美联储是否加息？

Failure is of no value if it is not summed up. Only by reviewing and summarizing experiences and lessons is the real key to success - the mother of success. It is this process, continuous reflection and continuous transcendence, that can lead to success. Only by getting up from failure can you develop the ability to turn defeat into victory, and finally move towards success.
#公链生态 #注意资金安全 #一起来跟单 #BTC $BTC #带你看看币安Launchpad

For transactions in the market, you must have a clear positioning for yourself. Faced with potential losses on the invested funds, this loss must be within the range you can bear. Trading requires a certain amount of pressure, but The pressure should not be too great, and try not to go into debt as much as possible. Debt will bring huge pressure to your transactions. Under huge pressure, it is easy for technology to deform, leading to a mental breakdown. Many times, tragedies in life often come from It begins with a mental imbalance. Potential consequences must be controlled within what you can bear. #新币挖矿ntrn $ETH $BNB $ETH #公链生态 #BTC #ETH

After three days of shock, it rebounded, but the reversal bulls did not have enough strength, and the technical form was not supportive. Therefore, it was not a wise move to reverse the bullish trend. We also went short after the market was sluggish, and we are currently holding the position! $BTC $ETH #公链生态 #币安 #BTC

The value of Bitcoin continues to grow. Since the birth of Bitcoin in 2009, its price has experienced many large fluctuations, but overall it has shown a gradual upward trend. Especially in 2020, the price of Bitcoin broke through a record high, attracting the attention of a large number of investors. Although Bitcoin prices fluctuate greatly, its overall trend is still upward, which provides investors with huge profit margins. $BTC #公链生态 #币安 #BTC #ETH #美联储是否加息？

Bitcoin's daily chart should be dominated by consecutive positives. After all, it has been struggling for a long time. Since it can't fall anymore, it should rebound. Look for the downward trend line since the high point. If it breaks this line, the market will follow. It's a good move. There are still some variables before a breakthrough is made, but they shouldn't be big.
#美联储是否加息？ #币安 #BTC #美联储是否加息？ #一起来跟单 $BNB $BTC

According to previous reports, the US SEC does not plan to appeal the Grayscale ruling, which is in line with many industry insiders’ predictions about the situation. This decision will increase the number of Grayscale Bitcoin Trust Funds (GBTC) converting into an ETF that is more friendly to investors. The possibility could pave the way for the agency to review Grayscale’s spot Bitcoin ETF application. #新币挖矿ntrn #一起来跟单 #LOOM #币安 #BTC