Evening Suggestions for October 21 The main theme of the evening continues to be a pullback before looking at the upward trend Operation Suggestions Bitcoin 67800-68100 upwards, target 70000 Ethereum around 2700 upwards, target 2750-2800 #BTC要挑战7W大关了吗? $BTC $ETH
Meng Xue predicted the target of the big cake at the weekend to be 69,500. It arrived smoothly on Monday morning. Follow Meng Xue's suggestion. There is at least 1000/100 space Luo Dai. $BTC $ETH #BTC要挑战7W大关了吗?
October 21 afternoon suggestions 68500 first-line support is relatively strong, still looking at the afternoon Operation suggestions Big cake 68500-68700, looking at 69500-70000 Auntie 2710-2730, looking at 2800 first-line #BTC要挑战7W大关了吗? #特朗普家族加密项目 $BTC $ETH
October 19 morning suggestion The recent trend has been in a state of rising and falling back, so today's operation suggestion is still to do a small retracement and then do a double. Operation suggestion Big cake 67700-68000 double, up to 69000-69500 Auntie 2600-2620 double, up to 2680-2720 $BTC $ETH #BTC要挑战7W大关了吗? #
Bill Gates said: If there is an easy way, I will short Bitcoin. The founder and chairman of MicroStrategy responded that if you really hate Bitcoin, then short MicroStrategy stock, I promise we will not sell. $BTC $ETH #BTC要挑战7W大关了吗? #特朗普家族加密项目
JPMorgan Chase: Global oil consumption is expected to increase by 7.1 million barrels per day between 2023 and 2035, an increase of about 7%, reaching 108.5 million barrels per day by 2035. $BTC $ETH
The ECB is expected to stick to gradual rate cuts, and the situation in the Middle East may bring variables.
Mojmir Mrak, a professor at the Faculty of Economics and Business at the University of Ljubljana, said that considering geopolitical risks, the ECB will stick to gradual rate cuts in the first half of next year. Mrak said that compared with the situation after the last meeting and today, the market expects (interest rates) to fall more slowly. My view is that we are now on the path of a downward interest rate. Given that we live in an extremely unstable world, the ECB is expected to take gradual action. If there is greater volatility in oil prices in the Middle East, the situation will change immediately. Mrak pointed out that if a gradual approach is taken, the ECB may still cut interest rates by 25 basis points at its October and December meetings, and further small cuts in the first half of next year. $BTC $ETH #美国大选如何影响加密产业? #BTC要挑战7W大关了吗?
Data to be released on the evening of October 17 1. Number of initial jobless claims in the United States for the week ending October 12 (20:30) Previous value: 25.8 Expected: 26 2. Monthly rate of retail sales in the United States in September (20:30) Previous value: 0.1% Expected: 0.3% 3. Philadelphia Fed Manufacturing Index in the United States in October (20:30) Previous value: 1.7 Expected: 3 4. Monthly rate of industrial output in the United States in September (21:15) Previous value: 0.8% Expected: -0.2% 5. NAHB Housing Market Index in the United States in October (22:00) Previous value: 41 Expected: 42 6. Monthly rate of commercial inventory in the United States in August (22:00) Previous value: 0.4% Expected: 0.3% 7. EIA natural gas inventory in the United States for the week ending October 11 (22:30) Previous value: 820 Expected: 770 8. U.S. EIA crude oil inventory for the week ending October 11 (23:00) Previous value: 581 Expected: 183.5 9. U.S. EIA Cushing, Oklahoma crude oil inventory for the week ending October 11 (23:00) Previous value: 124.7 Expected: -- 10. U.S. EIA strategic petroleum reserve inventory for the week ending October 11 (23:00) Previous value: 40 Expected: -- $BTC $ETH #美国大选如何影响加密产业? #BTC要挑战7W大关了吗?
October 17th Lunchtime News 1. Bitwise submitted XRP ETF S-1/A registration documents to the US SEC; 2. Trump family crypto project WLFI has raised more than $12.5 million; 3. Stripe is in in-depth negotiations to acquire Bridge, a financial technology company focusing on stablecoins; 4. Radiant Capital hackers exchanged stolen assets for ETH and BNB and stored them in two addresses; 5. Robinhood launched a desktop platform and added Bitcoin futures trading and other functions to the APP; 6. Vitalik published a new article on the future development of the Ethereum protocol, and key goals include achieving maximum interoperability of L2; 7. The Instagram of the owner of Kabosu, the prototype of the Doge meme, was stolen this morning, and the stolen account has begun to publish false content. $BTC $ETH #美国大选如何影响加密产业?
I took a break yesterday. Today I will count the results of Monday and Tuesday. Currently, Da Bing has received 4343 points, and Yi Tai has received 18 points. $BTC $ETH #BTC突破6W8 #美国大选如何影响加密产业?
Standard Chartered: Bitcoin has 12% upside before US election
In a new study, Geoff Kendrick, head of digital asset research at Standard Chartered Bank, estimated that Bitcoin could reach $73,800 before the US presidential election in November, a 12% increase from current levels. $BTC $ETH #美国大选如何影响加密产业?
October 17 morning suggestions The strength of the duo has continued in recent days, and the strength has not yet fully exploded. Without the influence of other factors, the duo will still be the main force during the day. The pullback is limited, and the pullback is an opportunity to do duo Operation suggestions: Buy more at 67000-67200 for big cakes, and look above 69000 Buy more at 2580-2610 for concubines, and look above 2740 $BTC $ETH #BTC突破6W8 #美国大选如何影响加密产业?
The U.S. is in one of the most volatile investment environments in decades, according to a top economist and risk expert. While some investors are jubilant about the stock market rebound, he is keeping an eye on a potential market crash. Nassim Taleb, author of "The Black Swan," recently expressed concerns about market conditions in an interview. He said the current environment seems similar to past crashes, adding that he is focused on preparing for such an event. "We have accumulated a lot of risk," the Universa Investments advisor said Friday. "I would say ... my focus is more on hedging against an eventual market crash because we are more vulnerable than at any time in the last 20, even 30 years," he later added. Taleb noted that despite the stock market's gains over the past year, there are still some risks in the market. He said stock prices look "crazy," noting that most of the S&P 500's gains have been concentrated in a handful of companies related to artificial intelligence. However, he said it's unclear whether these companies have the greatest growth potential, pointing to the rotation of best-performing companies during the dot-com bubble. "AI is going to be the best investment. But maybe not these companies," he said. At the same time, Taleb said the U.S. economy has been "confusing" and it is uncertain whether some industries are overheated. Due to the increased globalization since the pandemic, the world economy is more interdependent. He pointed out that this means that external shocks are more likely to spread, which is also a factor that makes the investment environment more complicated. Taleb said that the debt held by Western countries is "more than we can bear", and the U.S. debt-to-GDP ratio reached 124% at the end of September. He previously predicted that if high debt levels are combined with external shocks, it could lead to a "death spiral." At the same time, investors are emerging from a period dominated by low interest rates. He pointed out that many market participants are accustomed to avoiding more "conservative" assets, and this risk-taking attitude may put traders in a vulnerable position.
Daily bond market news (2024-10-15) 1. The scale of new special bonds issued by various regions reached 3616 billion yuan, which is about 92.7% of the annual limit (3900 billion yuan), more than 90%. 2. IMF: Global public debt will reach 100 trillion US dollars by the end of 2024, equivalent to 93% of global GDP. 3. Sino-Ocean Group: No advance payment of funds for the interest on the 3.8 million US dollars of notes due on October 26. 4. Among the 20 bond ETFs in the market today, 15 have positive yields, accounting for 75% of the total. 5. Jinan Construction Group's 650 million yuan private bond project has been updated to "feedback received". 6. Jidian Co., Ltd.: It plans to carry out REITs-like business with wind and photovoltaic power generation assets, with a total issuance scale of no more than 1.4 billion yuan 7. Goldman Sachs: The UK Autumn Budget may ease the pressure on the bond market. 8. King Kong Photovoltaic: Signing the "Settlement Agreement" and implementing debt restructuring. 9. ST Jingang: Major debts that have not been repaid when due total about 2.171 billion yuan. 10. Harbin Investment Group: A wholly-owned subsidiary plans to issue corporate bonds of no more than 3 billion yuan in a private placement.
A brief discussion on the reflexivity of the market: a self-fulfilling prophecy of investment
George Soros's "reflexivity theory" explains the irrational fluctuations of the market, pointing out that the market does not simply follow objective laws, but is influenced by the subjective consciousness and expectations of investors. When investors are optimistic about a project, the price of the currency rises, further enhancing investor confidence and forming a self-reinforcing cycle. Market prices not only affect investors' views, but in turn, investors' behavior also affects market trends, ultimately leading to market overreaction and subsequent corrections. This phenomenon is particularly evident in the crypto market, where investors' emotions and biases can push prices away from fundamentals. $BTC $ETH #BTC能否站穩6W5?
Events to be announced on the evening of October 15 1. US October New York Fed Manufacturing Index (20:30) Previous value 11.5 Expected 3.6 2. US September New York Fed 1-year inflation expectations (23:00) Previous value 3% #BTC突破6W6 $ETH $BTC