Those who survive a great disaster will surely be blessed in the future. When the gun sounds, the cows return, and their momentum is unstoppable!
Brothers, when the bullet whizzed past Trump's ear and missed his head, the man knew his chance had come, so after a minute of panic, he clenched his fists and raised his arms and shouted: Fight, Fight, Fight... The photographer captured the scene under the big American flag. The man who was shot and had blood flowing from his ears and cheeks did not choose to flee. Instead, he straightened his back and ignored the obstruction of his bodyguards, raised his arms and shouted, showing a fearless and majestic demeanor. If nothing unexpected happens, the photographer will gain both fame and fortune for recording this historical moment. Perhaps in the near future this scene will be created into a world-famous painting by a painter.
The CPI data set off the market, Sun cut his long order of 67,000 and suffered a heavy loss. Will the market crash continue in the near future?
Brothers, this is terrible. The release of CPI data last night immediately caused market turmoil. First, the US stock market plummeted, and Nvidia directly shrank by more than 180 billion. Then the US dollar also plummeted, and gold was forced to break through the 2,400 high. The CPI data released last night: 3% year-on-year, expected to be 3.1%, which is lower than expected. This is definitely good news. Moreover, the first negative growth in CPI has increased the expectation of interest rate cut in September to 91.8%. However, what confused everyone was that although it was obviously good news, the U.S. stock market and the U.S. dollar plummeted, and the crypto community also fell inexplicably.
The army of short sellers is approaching. Can the market withstand this huge wave of market crash?
Brothers, this is incredible. The air force launched a concentrated attack, and the bulls were beaten to a pulp. More than 99% of the 400 trading pairs on the bn platform were all in the red, and the currency with the highest decline reached -35%. Bitcoin even fell below the 60,000 mark, reaching a low of around 53,500. Judging from this trend, there is no sign of stopping the decline. The 24-hour liquidation data reached 656 million US dollars, and the number of liquidated people exceeded 230,000. I thought the non-farm payrolls data at 8:30 pm would be able to turn the tide and stop the decline, but the June non-farm payrolls data was just released, with mixed results. The number of employed people increased by 206,000, which was expected to increase by 190,000 and the previous value was 272,000. The unemployment rate in June was 4.1%, which was expected to be 4.0% and the previous value was 4.0%.
Powell fired another short shot, and Bitcoin hit a second bottom. Will the recent bullish selling pressure cause the index to fall below 60,000?
Brothers, this is incredible. In the evening, a needle directly pierced through the 60,000 point mark, and the price reached 59,600. This is obviously a clear second bottoming action. Last night, Powell once again fired blanks at the European Central Bank forum, playing Tai Chi on the specific timing of the interest rate cut. However, the good thing was that Powell's overall speech was dovish. Influenced by this news, the Nasdaq rose 0.7%. Did you think the market would rise when Powell was dovish? In the end, it not only did not rise, but fell. It feels like the market has been hollowed out recently, and I can't get excited.
755 million assets are about to be unlocked, the Bitcoin account that has been dormant for 13 years has been activated, the Bitcoin computing power has dropped sharply and the price has bottomed out, is it time to buy at the bottom?
Brothers, this is incredible. A Bitcoin wallet that had been dormant for 13 years was activated at noon today, although there were not many Bitcoins in it, only 33. But it is very rare for a wallet that has been dormant for more than ten years to be activated again. Let me give you an analogy: if 13 years have passed, do you still remember the answer to your QQ password protection question? The answer is that the probability of remembering is almost zero. So some people speculated that the owner found the lost key, while other conspiracy theorists suspected that someone hired top technical experts to crack the wallet and activate it.
July started with a big rise, and it was rumored that Biden would withdraw from the election. Many copycats welcomed a huge amount of unlocking, and the ups and downs of the plot are about to unfold
Brothers, this is incredible. It is rumored that Biden will withdraw from the election. If this news is confirmed, Trump will definitely win! This is also great news for the crypto community. Of course, the news still needs to be announced by the White House to be confirmed. After all, the person who broke the news is a TV host named Bill O'Reilly, and his credibility is not very high. However, flies don't bite seamless eggs. Biden's poor performance in the first debate of the election last week attracted countless doubts and criticisms. It can be said that Bill O'Reilly's views expressed the voice of most people.
Biden and Trump are engaged in a war of words, and the May core PCE is coming. Will it be a bullish or bearish explosion this time?
Brothers, this is incredible. The much-anticipated first presidential debate of 2024 started at nine o'clock this morning. This is the first time that the president and the former president have faced off on stage in four years. We thought it would be a evenly matched confrontation, but what we saw was just a one-sided crushing. Throughout the debate, Biden's voice was hoarse, his answers were disorganized, and he was even incoherent when he was quibbling about his policies and record. The two sides confronted each other for 45 minutes. ABC gave its comment on the first debate: Their debate was a war of words full of personal attacks, which could not give the public a new understanding of their policy goals.
The Yitai ETF will be launched on July 2nd. Is it true?
Brothers, this is incredible. The Yitai spot ETF may really be officially launched on July 2nd. This is not something Tangren is making up. The news comes from the judgment of Bloomberg analysts. As we all know, Bloomberg analysts are very professional in the industry and their predictions are very accurate. Maybe we can really see the Yitai ETF officially listed in early July. Yesterday, affected by the negative impact of the Mentougou compensation incident, Bitcoin suffered a short-selling attack and fell to around 58,000. Fortunately, the copycat Bitcoin had fallen to the bottom and rebounded from an oversold level. The rise of copycats has successfully brought Bitcoin back above 60,000, but judging from the volume, Bitcoin’s rebound is very weak, and it will be difficult to resume its upward momentum in a short period of time.
The bears attacked at night, the price of bitcoin plummeted, and the copycats said: Big brother, you play by yourself, we can’t fall anymore!
Brothers, this is incredible. A bizarre plot rarely seen in history happened last night. Last night, the short sellers suddenly launched an attack and smashed the market. Bitcoin plummeted 8.1% in response. The price dropped to 58,200, the largest drop since April 13. I thought the market would wail again, but unexpectedly, apart from the second concubine who showed a little bit of interest, the copycat sector was basically indifferent. Today, it even rebounded by more than ten points. Even Lista, which performed poorly in the past two days, couldn't help but surged 28% to become the most popular stock today. Not only are you confused, I guess even Dabing himself is confused. Am I still the big brother with half of the market value? Don’t these little brothers have to plummet by more than ten points when I fall by 1%? Are they going to rebel?
Mentougou is ready to pay compensation, 140,000 bitcoins are under selling pressure, is the black swan really coming?
Brothers, this is incredible. This afternoon, the trustee of the Mentougou incident announced that the preparations for the original plan to use Dabing and Taizi for compensation have been completed and will be implemented in early July. This is really a case of one stone causing a thousand ripples. Tangren has reported to you before that the number of coins that need to be compensated for the Mentougou incident is 141,686, equivalent to approximately 9.2 billion US dollars. This is definitely bad news. As soon as the news came out, the market, which was already falling, plummeted again. In one hour in the afternoon, nearly 100 million US dollars were liquidated across the entire network, and 99% of them were long orders. Although Tangren has analyzed in previous articles that 140,000 bitcoins will not cause a devastating blow to the market, nor will it trigger a black swan, but at this stage, all news will become an excuse for the dog dealers to crash the market.
Wash the dish, wash the dish, and wash the dish again. When will it stop?
Brothers, it's nothing big. The recent market is nothing but a wash-out. Before the favorable factors such as the Auntie ETF, interest rate cuts, and the general election come into effect, the main theme is to wash the market and absorb chips. Since the 618 discount day, the market has been in a bearish trend in the short and medium term. The reason why there has not been a huge plunge is that such a blunt knife-scratching trend is more torturous and makes it easier for leeks to hand over their chips in pain and despair. Look at the trend in the past few days. It repeatedly rises by one or two points and then falls back by four or five points. Just when you think it is going to fall sharply, it rises again. When you think it is going to rise sharply, it falls slowly again, wearing out everyone's last bit of patience.
SEC ends investigation into concubine, concubine turns from a weak chicken into a phoenix, is the signal coming for copycats to enter the market?
Brothers, this is incredible. The SEC has ended its investigation into Auntie, which means that the SEC will no longer classify Auntie as a security but will position it as a commodity with investment and trading attributes. At the same time, the issuer of the Yitai Spot ETF also received a notice from the SEC, requiring it to submit a revised S-1 form this Friday. So far, the listing of the Yitai Spot ETF has made substantial progress. Influenced by these two good news, Yitai started a round of rebound in the early trading and led Dabing and a number of copycats to regain yesterday's lost ground. The rebound of the market always brings good mood to the market, but do you think that such a rebound is the clarion call for the counterattack of the bulls? Tangren can only say that you think too much.
There is no copycat that can beat them all. Has this wave of decline reached its bottom?
Brothers, this is incredible. The 618 coin price discount is on sale. The main point is cheap. There is no lowest price, only lower. Even the market value of Meme, which has always been strong, has fallen below 49 billion US dollars, with a daily decline of 14%. Among them: DOGE fell 8.9%; SHIB fell 11%; PEPE fell 10.4%; WIF fell 15.6%; FLOKI fell 13%. The entire copycat sector is once again in a bloodbath. In the past, if the market makers wanted to crash the market, they had to make up a reason or borrow some bad news. But today, there is no reason or sign, and there is no bad news. They just crash the market like that! If we have to find a reason for the decline, it would be the 618 shopping discount festival. Could it be that the dog dealers are also trying their Internet tricks?
The European Cup starts in the early morning. Sun Ge said that the big one is coming. Is it going to crash the market or pull it up?
Brothers, this is going to happen. Yesterday, Sun Ge posted a message saying: The big move that has been held back for a long time is coming. This scared the old friends in the circle. Everyone knows that Sun Ge Yixiao's life and death is unpredictable. As a big shot in the currency circle, he came up with such a big move without any context. It's really a big deal. Is he going to crash the market or pull it up? In addition, the liquidation of the founder of CRV in the past two days has dealt a heavy blow to the entire lending market. The copycat sector has plummeted, and the price of CRV has been halved in 24 hours. This not only reminds people that when the CRV project was in crisis last year, Sun Ge decisively bought millions of dollars of CRV at a price of 0.4 dollars and locked it for half a year.
The dust has settled on the Fed’s rate cut, is Ethereum about to take off?
Brothers, it's incredible. The Fed's interest rate cut is basically stable. After the release of May CPI data and interest rate decision last night, the possibility of a rate cut in November is 100%, and the probability of a rate cut in September is 70%. With the arrival of two crucial macro news in June, it is at least certain that the market will rise sharply in the next six months. Does anyone remember what Tangren said in the article on May 25, "The only thing that the concubine needs to do to become a god is to withstand the 3 million coins of Grayscale. Can the king of copycats trigger a bull market and break through 10,000 points?" At that time, Tangren warned everyone that between June and July, before the listing of the Yitai ETF, the dog dealers would definitely seize the last opportunity to clean up the market and frantically loot the chips in the market.
CPI collides with the Fed's interest rate decision, and violent fluctuations are imminent tonight
Brothers, this is terrible. The collision of three important pieces of news from tonight to early morning will cause violent fluctuations in the market. Everyone needs to be prepared in advance. First, the release of the beautiful May CPI data at 8:30 pm; second, the announcement of the Federal Reserve’s interest rate decision at 2 am; and third, Powell’s speech after the interest rate decision. Last Friday's negative non-farm data weakened investors' bets on interest rate cuts, causing the market to plummet and become sluggish. From yesterday's ETF net outflow of US$200 million, it can be seen that the overall outflow of the market is increasing and the wait-and-see sentiment in the market is getting worse.
I won’t update any articles today on the weekend, but I will send you a short message to say a few words. Most people are very scared about the current market and are waiting and watching. Brothers, I am very excited to see such a market because I know that the main uptrend is not far away. Before every surge, there must be a market crash that makes the market look as if there is no grass growing. Many people did not dare to get on the train after the previous pullbacks. Now we have the opportunity to get on the train again. Perhaps it is one of the few low positions, except for big cakes of course. Anyway, I think it is already a low position. Even if there is another pullback at night, the price will not drop too much. The limit is 3700, and the probability is 3750. The dog dealer will not let us receive chips at a very low position, so everyone is afraid of my greed. Our ideas must be different from those of most people in the market to make money!
With the negative news of non-farm data coming, can the market still soar in June?
Brothers, this is incredible, the non-farm data was just released, the unemployment rate rose from 3.9% in April to 4.0%, breaking the previous record of remaining below 4% for 27 consecutive months, which is good news. However, non-farm payrolls increased by 272,000 in May, the largest increase since March this year, far exceeding market expectations of 180,000, which is bearish news. Brothers may wonder, the unemployment rate is increasing, why is non-agricultural employment also increasing? The reason is that the unemployment rate includes agricultural employment, while non-agricultural employment excludes agricultural employment. The two seem to offset each other, but non-farm payrolls data is more important than the unemployment rate, so overall there are more negative factors.
The Central Bank of Canada fired the first shot, a global interest rate cut wave began, and a change in the situation is imminent. Is this the last chance to get on board?
Brothers, this is incredible. Canada cut its interest rates last night. As a super economy among the seven major Western industrial countries, Canada's interest rate cut policy undoubtedly fired the first shot in the global interest rate cut trend. A previous article in Tangren mentioned that Europe and the United States are opponents in the issue of interest rate cuts. Everyone is playing the "holding urine" game, and it depends on who can't hold it first. Because whoever cuts interest rates first will show whose economic fundamentals are the worst, and Da Piaoliang, who is rich and powerful, will not be the first one to jump out and slap his old face even if his bladder bursts. At this time, Canada, as a bootlicker, naturally has to stand up and give way to its big brother. Besides, in this round of economic cycle, Canada's main economic support: export data such as oil, timber, and metals have performed poorly, so it is not shameful to be the first to cut interest rates.
bnb breaks the historical high, the small non-agricultural data is positive, can the market soar in June?
Brothers, this is incredible, bnb has hit a new high! Three days ago, it was still priced at over 500, but today it broke 700, reaching a high of 718.97, an increase of nearly 20% in just a few days. The surge in bnb's price reassured many investors who were previously worried about the platform's future development due to the cz incident. With this wave of price increases, bnb successfully pulled sol out of the third place ranking, and BN's market value also successfully exceeded 100 billion US dollars. Today, a fan joked online: Satoshi Nakamoto disappeared and made Pancake successful, Afro went in and made Sol successful, and now CZ has gone in and made BnB successful. It seems that behind every miracle there is a man who silently sacrifices himself.