In the long run, it is inevitable that governments will open the floodgates to release water. The water in the pond is almost dry.
Increased liquidity will definitely have an overflow effect. Where will the water overflow?
This is the question people should consider. If we bring this question to the coin circle, the number of real investment value in the future is in the single digit. If there is no disruptive public chain and application, then it can only be BTC (consensus) ETH (creativity) BNB (golden hen), etc. The other two MOVE languages APT SUI also have opportunities worth looking forward to. However, the liquidation of 1 billion US dollars (long and short) in the past 24 hours reminds coin friends again (which I have repeatedly explained many days ago). If you want to get the result, don’t gamble. We should have a unique mentality and use the money (mentality) that you can’t afford to lose to buy spot (value coins), instead of rushing to the Colosseum (except for arbitrage and hedging) to gamble when you think you can afford to lose. As the old saying goes, nine out of ten bets are lost, not to mention that nine wins here are empty. Don’t always think that your position is safe. What you think is safe is worthless in the eyes of the dealer! To be honest, I am also waiting to receive spot when the shock washes the chips in the place that gamblers think is safe! I wish all the fellow travelers who see this article all the best to get the results! Why do I say this? Because if the traffic exceeds 1,000 in an instant and touches other people’s cheese, it will be blocked.
The most important agenda of the 2024 domestic financial conference is to decide whether to release 4 trillion or tens of trillions of money. The time node is also very special, from November 4th to November 8th, which is just stuck on November 6th after the US election. It seems that the purpose is very strong!
This is a shot of economic booster to treat deflation and fiscal deterioration, and solve the bank's liquidity and lending strict control policies, but ordinary people are not fools. The people closest to the money (banks, institutions) have spent the money before the money has depreciated, and the people who pay the bill are still the people farthest from the money (ordinary consumers), adding the loss and depreciation value to themselves.
You may ask, what impact will your long chatter have on the cryptocurrency world? Of course, there is an effect called overflow. Consumers in China's southern open cities will not be so stupid to pay, and will bring their limited and precious RMB to places they think can outperform inflation. Their blockchain knowledge has long been popularized (who hasn't heard of Bitcoin? Hahaha). This force may be no less than the impact of the last US quantitative easing (euphemistically called, but in fact, printing money)! Looking at the cryptocurrency world at present, there is an undercurrent accumulating under the calm waves. Will it start to soar to 90,000 miles after November 6? Dear readers, please comment. The cryptocurrency world is not lost. If you don't hold Bitcoin, Ethereum, or BNB now, then we are the kind of people who deliver direct benefits to early holders as described by the European Central Bank, commonly known as leeks!