Fed's Bostic will be interviewed by Bloomberg TV at 19:30 tonight. Fed Governor Barr plans to speak at 21:00 tonight. Fed Vice Chairman Jefferson is expected to speak at 22:30 tonight.
As of the most recent Fed meeting, the target range for the federal funds rate remained unchanged at 5.25% to 5.50%. Despite expectations of a rate cut, the Fed has not yet made it clear that it will cut rates immediately.
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It is really hard to guess the intention of the banker, but I feel that there is a bit of temptation in it. From various news, the United States only lowered the reserve requirement ratio, but did not clearly cut interest rates. The interest rate cuts in European countries have an impact, but not as big as imagined. It mainly depends on the United States. It feels that interest rates may be cut, but they should not be continuously reduced. The current status of the United States is getting worse day by day, but if there is no explosion of one or two larger economies to absorb blood, the United States’ interest rate cut is equivalent to death. 7w should be able to break through, but it cannot stand for too long, and the possibility of breaking through the previous high is very low.
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Regarding the reversal of the Fat Cat incident, I won’t comment too much, and I didn’t try to take advantage of this popularity before. [Laughing cry]
But I think the hat wave is too much. This notice gives people the feeling that both parties have contributed equally. The difference is clearly 500,000, but if you don’t read it carefully or are not sensitive to numbers, you will be fooled.
What does Tan Zhu look like? She is undoubtedly a gold digger. She only makes 4000-5000 when she goes out to drink. The following things are not for nothing. I speak up for Fat Cat. Fat Cat’s sister has been banned by the whole network and can’t speak out.
Go and see what Singapore does. If someone dares to do this, he will be detained for 6 years. What about China?
You are so obedient, of course you will be wronged. It is the class contradiction that makes the contradiction between men and women increasingly intensified and difficult to reconcile, which has become a heavy social problem. Without further ado, Fat Cat, goodbye~
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This year has been a mess, and I lost more than 100,000 yuan. I am currently in debt of about 55,000 yuan. I like to trade in cryptocurrencies, and I made a mistake by playing with contracts and leverage. Maybe because of the small amount of funds, I play with high leverage and high-multiple contracts every month. It is conceivable that the result every month is: liquidation and loss. Opening my monthly bills, there is no exception, liquidation every month, and no month is profitable. Now there are only 75 hours away from 2024. I hope that from this moment on, no matter how much or how little the principal is, I will never touch contracts. Making money is often slow, and you have to use compound interest thinking to make money. To develop investment opportunities, strictly follow the strategic plan to implement. Bull market (2024-2025) investment strategy (third revision) Take 10,000 yuan as an example: 80% is 8,000 yuan: Invest in mainstream coins (long-term fixed) Land: Up to three currencies: 1 Very optimistic 50% 2: In addition, each: 15% configuration. 10% is 1,000 yuan: sell high and buy low, divide into 10 parts (set 1% increase or decrease as the price difference), transfer the profit part to the long-term account, and invest in long-term currencies. 5% is 500 yuan: invest in grid strategy, transfer the profit part to the long-term account, and invest in long-term currencies. 5% is 500 yuan: invest in copycat varieties, including: newly listed currencies, and invest in hot varieties that are optimistic. The profit part is transferred to the long-term account and invested in long-term currencies. 00:00 on January 1, 2024: Execution! Contributions from fans
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FLOKI: The leader of the meme track, leading the trend As a leader in the meme track, FLOKI has successfully stood out in the highly competitive market with its strong team and innovation capabilities. At present, FLOKI's market value ranks among the top five and is a leader in the ETH ecosystem. Investing in FLOKI now means standing on the cusp of the storm and enjoying a hundredfold return! Popcat: Asian star, popular all over the world As one of the leading cat memes on Solana, Popcat has a large Asian fan base and a wide range of global influence. Its unique status and wide recognition make it a popular choice for investors. Investing in Popcat now means dancing with Asian stars and enjoying a hundredfold feast! BOME: A new favorite in art auctions, soaring value As a rising star leading the SOL ecosystem, BOME's unique art auction model has attracted much attention. In the future, artist auctions will widely use BOME as a means of payment and destroy tokens, which will bring huge value growth space for BOME. At present, BOME has a small market value, good liquidity, and sufficient early wash, indicating that its price will usher in a surge driven by positive emotions. Investing in BOME now is to seize the new opportunity of art auctions and enjoy a hundredfold return! When choosing to invest in Meme coins, be sure to keep the following points in mind: in-depth research on projects, active participation in the community, evaluation of token economy, and analysis of market trends and technical trends. Only in this way can you be at ease in the Meme coin market and seize the opportunity of a hundredfold growth!
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Someone took 100,000 yuan, added 1,000 times leverage, and made 100 million yuan in the stock market in 4 days. This is not nonsense. This is a real case. Get rich overnight! !
If you make money, you will share some of the broker's profits.
But what if your stock money falls? From 100,000 yuan to 90,000 yuan, the broker will ask you to cover your position and make up your 10,000 yuan principal. If you don't cover your position, the broker will force you to close your position and force your stock to sell. The broker will take back its own 90,000 yuan, which is a margin call. Your loss is yours, and the broker does not bear the loss.
Then you say, don't worry, it will go back tomorrow, wait a little longer. Sorry, the broker will not wait and force you to close your position immediately. Even if the broker sells too late, the 90,000 principal is not enough, and you have to bear the broker's losses.
So we often see in the news that when a certain stock falls, Bitcoin only falls by a few thousand dollars, and tens of thousands or hundreds of thousands of people around the world will be liquidated. This is the reason. That is why many people use several times or even dozens of times the leverage to speculate in stocks. After the liquidation, they lose everything, their principal is gone, and they still owe the broker a large sum of money, and they are heavily in debt, and finally have to jump off the building.
In short! Human greed is endless!
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Koreans are now speculating in cryptocurrencies instead of real estate. More and more young Koreans are not buying houses anymore, and they stay at home every day speculating in Bitcoin and virtual currencies.
Early in the morning, I checked the housing prices and commodity prices in Jeju City. There are very few real estate agencies here. It was hard to find one. I guess they all buy and rent houses online. The two-bedroom apartments here are 80-100 square meters, and the housing prices are about 1.5-2 million, while the villa prices are between 3-5 million. Renting here is not friendly to tenants because they have to pay a large deposit, so Koreans are willing to buy their own houses. The prices in supermarkets are also more expensive than in China, but pork and chicken are indeed cheap, only ten yuan per pound.
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From the second half of 2023 to now, Sol has risen 30 times. Regardless of whether Bitcoin is strong or not, Sol has been hovering around $170. At present, it may be a matter of time before it breaks through the new high.
Many of the coins that have gone out of the circle in the past two months are from the Sol ecosystem, such as JUP, FRONT, BOME, etc.
Why is Sol so strong this time?
First of all, Sol's founding team are all Americans, and the founder of Ethereum is from Russia. In fact, the main purpose is to compete with Ethereum. Bitcoin is a belief and a consensus, and the current ecosystem is just starting.
Ethereum is the best public chain. If American capital wants to harvest the world, it must create a chain that can compete with Ethereum, which is Solana. Therefore, Solana's breakthrough of the previous high is inevitable. Maybe in the next bull market, its price may be close to Ethereum. Of course, it is impossible to kill Ethereum at this stage.
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Now most people are still worried about a big drop, the Fed's rate hike, and the Ethereum ETF's failure to pass. Various concerns lead to pessimism about the market. The market is like a frog in warm water. It will start directly with a big positive line without you noticing. You can review how TRB was sold and started. Suddenly, a big positive line took off from the bottom. At this time, do you chase it or not! If you want to make money, it is when no one cares. Everyone is scolding him, not optimistic about him, and saying that he is rubbish, just like asking irons to buy the bottom of SSV a few days ago. Once it rises, it will be a big positive line.
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The crypto industry has become an undeniable crypto-party political force in the United States! It's amazing! How can Bitcoin not rise! Politicians who receive political donations can't let it fall! The crypto industry has made $94 million in political donations for the 2024 US election, a record high On May 19, Bloomberg reported that the crypto industry has made $94 million in donations for the 2024 US election, a record high. This figure was $83 million in the previous election cycle (2020). Most donations came from political action committees (PACs). In addition, Coinbase and Ripple Labs also contributed a lot of donations, donating $20.5 million and $20 million respectively.
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No one knows where ton will go this round, but it will definitely not be seen in the next round. Because it is backed by a wild dealer Telegram, it has not been listed on Binance spot, and its background is not as good as that of large institutions such as Wall Street and Coinbase. Second, any altcoin will definitely fail after two rounds. Third, the public chain is still betting on the single-chain track, and the public chain must have money and a big reputation. The rise of ton in this round belongs to the dealer's shipment. It is very likely to be pulled up to the sky like sol, but it must be miserable when it falls.
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Today, the burning rate of Shiba Inu Coin has increased by more than 5 times! This makes many people particularly optimistic about the future price of Shiba Inu Coin. Although the interest rate has increased, Shiba Inu Coin is still losing money now. This virtual currency, which is called the "Dogecoin Killer", has decreased a lot at once. 9.83 million pieces have been destroyed, mainly by two big accounts. Because the number is much smaller, destruction usually means reducing circulation, and the price will rise accordingly!
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#PEPE Why don't you continue FOMO? It's down now. The funds are sucked out. Others are rising, but PEPE is not moving at all and is falling. Many people follow the trend to chase high prices. The result is that the wind is blowing on the top of the mountain now. Because the price rise driven by emotions will sooner or later usher in a correction because the heat drops. Don't get too excited. If Bitcoin can fall by 10% and fall below 60,000, PEPE will at least be cut in half, because emotions will also cause stampedes to escape.
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New things and new assets that have not experienced the test of a drop of more than 80% are all false prosperity. Shib almost fell to zero that year, and then there was the myth. Wasn't Bitcoin more volatile at the beginning? In comparison, it was not a big deal for Ordi to go from 30 to 3. Bitcoin ecology is basically new, and it is normal for many to experience a drop of more than 50% during this period. Look at the secondary exchanges that still have market makers, how much have they fallen during this period? What about new assets in the Bitcoin ecosystem? What about the future? Can we know? We are just betting on the early stage of this ecology, but we need to endure more twists and turns. New assets are all bets, but only in places with great opportunities. Giant babies only allow rises, not falls, and they start to scold those who discuss them as soon as they fall. When it rises, they are all praisers.
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Bitcoin deposits and withdrawals in Hong Kong are legal. It is becoming increasingly difficult to open accounts with banks and securities dealers in Hong Kong. I recently went to Futu for on-site consultation. It is indeed impossible to open accounts with mainland ID cards and passports, unless you have a record of foreign stock investment before May 2023. Now Hong Kong's financial services are gradually tightening for mainland customers. Only a few banks and securities dealers are left to open to mainland customers. It is estimated that there is not much time left. Everyone should cherish it. If you want to open an account, you should do it as soon as possible.
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Based on my experience in the past two days: The current trend of Bitcoin, if it reaches $50,000, it is not impossible to pull it back instantly After all, there are no contracts in the United States After all, the Asian market is still controlled by those exchanges After all, Wall Street does not work on weekends (especially around 4 am Beijing time) For contract and option players, the safety line is best placed at $45,000, because $50,000 is really dangerous. Is it unethical?
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Why was the bull market so fierce before, but the current bull market is not so strong?
1. Few currencies and single choice In the past, there were few currencies in the market, and investors’ choices were either to buy this or that, and the funds were concentrated, so the increase was easy to increase.
2. Low circulating market value In the past, the circulating market value of many currencies was very low, and it was relatively easy to increase the value of a currency with a market value of 10 million by ten or a hundred times. Now, many new currencies have a high market value when they go online, so the increase is naturally not so exaggerated.
3. Many tracks and dispersed funds There were not so many tracks in the original bull market. Now the currency circle has a pledge sector, an AI sector, and then a pledge again, and then a meme coin, and there are various new ways to play such as inscriptions and runes. After all the speculation, it is still this group of people in the end, and the funds are dispersed, so the increase is naturally not as good as before.
4. Not enough new players The number of new players in the currency circle is still not enough, and the base is not large enough. Many people still don’t know what BTC and blockchain are.
5. The project party lacks pattern There are too few project parties with pattern now compared with before. The current project owners are studying how to cut leeks all day long, and never consider how to build consensus, how to promote projects, and how to raise the price of coins.
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Compared with ETH, is SOL now a better choice for big money?
In this round of market cycle, SOL's market value is theoretically expected to reach 50% of ETH's market value. Looking back at history, ETH once reached 50% of BTC's market value at its peak. If ETH and other similar projects are regarded as "altcoins", ETH is firmly in the "leading" position, and SOL follows closely behind as the "second dragon". At present, the "second dragon" SOL shows a strong upward momentum. According to past experience, in a market cycle, the peak market value of the "second dragon" can often reach 30%-50% of the "first dragon".
There are several reasons why SOL has performed so well in this round: First, it has experienced a complete turnover in the market trough, becoming the first currency with a large market value and sufficient turnover. This kind of currency that has experienced the test of the market and re-emerged usually has great explosive power. Secondly, the SOL ecosystem has bred many leading projects, such as depin+ai's rndr, depin mobile, and meme coins bonk, wif, and bome.
Finally, it is worth mentioning that the support behind SOL mainly comes from the United States, which intends to expand its influence and interests in the field of cryptocurrency by promoting SOL. There is no doubt that these stakeholders have strong strength and superb strategies.
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🌪🌪Where did the money go? The US did not release the money, but the US stock market remained high
❓❓Why The funds are very smart. When the world economy is bad, the US stock market is a money-making beast So there is no incremental funds that are not related to the US stock market and they are sucked out
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