Why did the Trading Lion lose everything and go broke despit | Bit_Rase on Binance Square

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Why did the Trading Lion lose everything and go broke despite roaring through bullish markets and spotting seemingly perfect setups early?

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Bearish

The Trading Lion is Broke 😂

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Iraq’s December Crude Oil Prices Fully Adjusted Downward SOMO announced the crude oil pricing for December last night, with Basra medium crude priced at a discount of $0.35 to the Asian market, $2.95 to Europe, and $1.35 to the Americas. Although the reduction is not too harsh, the signal is already very clear. As the second largest OPEC member, Iraq doing this is equivalent to telling the market: demand is weak, and oil-producing countries are starting to compete for shares. Now Brent is hovering around $75, and this pricing directly affects the procurement costs of Asian refineries. If Saudi Arabia and others also lower prices, the downward pressure on oil prices will be even greater, and inflation expectations and monetary policy space will have to adjust accordingly. The energy sector and crude oil ETFs may have to bear some pressure in the short term.

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Bitcoin tests the 50-week moving average, miner cost pressures, and $2.3 billion ETF outflow BTC The price of Bitcoin is currently fluctuating around $102,001, testing the 50-week simple moving average near $102,980 for the fourth time. This technical level is crucial for assessing the long-term structure of the bull market, as the previous three successful defenses of this moving average have indicated new historical highs. However, selling pressure has significantly increased during this round of testing, with descending trendline resistance causing prices to be thwarted twice, and buying strength has noticeably diminished. The total outflow from the U.S. spot Bitcoin ETF has reached $230 million, indicating a loss of institutional funds. More critically, Bitcoin miners are facing immense pressure as the Hash Price drops to $42/PH/s, nearing the breakeven level. This April's halving event will reduce the block reward to 3.125 BTC, and the Hash Price has sharply declined from $62 in July, forcing large mining companies like Cipher Mining and IREN to transition to AI infrastructure. In addition, long-term holders like Owen Gunden and the Winklevoss brothers continue to transfer millions of dollars in BTC to exchanges for selling, increasing short-term liquidation risks. $BTC

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Bitcoin's monthly performance marks the worst since February this year BTC Bitcoin has fallen by 7.03% this month, marking its worst monthly performance since February this year. This reflects the vulnerability of Bitcoin as a risk asset under the dual pressure of macroeconomic uncertainty and continued outflows of institutional funds. This significant drop occurred against the backdrop of Bitcoin ETF experiencing the largest redemption wave since May, with a total outflow of about $2.3 billion. This indicates a substantial decline in risk appetite among institutional and traditional financial investors, with selling pressure concentrated. Although Bitcoin is attempting to hold the technical support at $102,000, the long-term bearish momentum remains strong. Institutional investors such as Galaxy Digital have also lowered their year-end target price for Bitcoin from $185,000 to $120,000, citing that market attention has shifted to other areas such as artificial intelligence, nuclear energy, and gold, leading to a clear diversion of capital. This persistent weak performance highlights that the upward channel for Bitcoin prices is severely restricted in the absence of strong new capital inflows and a clear improvement in the macro environment. Investors should consider this monthly data as an important warning signal regarding the health of market structure. $BTC

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Hoskinson denies leaving Cardano, 60% effort on Midnight sidechain Although market rumors suggested that Charles Hoskinson would leave the Cardano ecosystem, his recent actions strongly denied these speculations. Data shows that 60% of the content he recently published on social media is about Midnight, the privacy Layer-2 sidechain based on Cardano. About 25% of the posts discuss the progress of Cardano's core L1, including governance models, scalability milestones, and community activities. Another 15% of the content focuses specifically on the deep integration of Midnight with Cardano's infrastructure. This data clearly indicates that he is putting the most effort into Cardano's modular scaling and key technological innovations. In terms of ecology, the activity of the Hydra scaling solution is increasing, and the number of Cardano wallet addresses is also steadily rising. Hoskinson is actively promoting DeFi demonstrations and long-term roadmaps like Omega, with the core message being continuous development rather than giving up. Investors should regard their focus on Midnight as Cardano's strategic response to the current market demand for privacy computing and Layer-2 solutions. $ADA

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Trump unleashes a bold move: Healthcare funds sent directly to the public? Trump proposed a more radical plan this time, saying that government funds originally allocated to insurance companies should be sent directly to the public. His exact words were particularly harsh, saying that those big and detestable insurance companies do not deserve to receive this money. If this really gets going, the health insurance industry is likely to be shaken. Giants like UnitedHealth and Cigna will have their cash flow directly withdrawn, with hundreds of billions bypassing insurance companies and going straight to consumers. Just think about it, this money would instantly turn into consumption or savings; the impact on retail and consumption data would be enormous. In simple terms, this is about disintermediation, simplifying federal fiscal transfers. Theoretically, it can improve efficiency, but it may also create chaos in medical service pricing. In conjunction with his call to abolish lengthy debates, the market must take it seriously. This is not an empty statement; it is a significant fiscal adjustment that could be implemented quickly. Hedge funds and large institutions will certainly need to readjust their risk exposure in the healthcare and financial sectors. #Binance

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