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The market plunged, is it a risk or an opportunity?
Let me first talk about why it fell?
On the one hand, it is obvious that other stock markets outside attracted a lot of funds. On the other hand, it is heard that the Middle East has started fighting again, which has led to risk aversion of risky assets again. Another reason is that Powell urgently said that the pace of interest rate cuts would be slowed down.
In any case, since the unexpected interest rate cut at the end of last month, the bottom has also risen a lot recently. The phased adjustment is actually in line with the normal fluctuations of the market.
After all, encryption will always be ahead of other fields.
But a wave of adjustments has made many people start to worry. Two days ago, they were still full of hope for the future because the Federal Reserve kicked off the interest rate cut cycle and brought a positive response last month.
Today, I started to feel a little uneasy again.
People always feel that time is too short when they are doing well and going smoothly. When they are not doing well, the house is falling, the job is not guaranteed, and the surroundings are not smooth, they feel that time has passed very long. .
In any case, we have entered the cycle of interest rate cuts. It is not important how much the interest rate cuts are. What is important is to make good use of the expectation of interest rate cuts in the future.
A pullback is not a risk, but an opportunity, at least before the interest rate is cut to 3% to 4%.
But there are really not many targets that can be sold, except for the big cakes and a few leading memes.
Either accumulate slowly, or enter the market on the right side while maintaining the same buying and selling.
For those who are already on the train, there is nothing to say, just hold on to it.

VeChain – What is it and how does it work?

Today we are going to talk about VeChain, what is it and what is in VeChain news today? It is a platform that aims to improve the productivity of supply chain governance and other business processes using blockchain. The platform is decentralized and mainly serves industries such as healthcare, logistics, agriculture and luxury goods. Since its launch in 2015, it has used distributed ledger technology to provide visibility across the supply chain

The platform uses a dual token system consisting of VeChainThor Energy and VeChain Token. On the VeChainThor blockchain, VET is the native currency that can be used for transactions and smart contracts. Meanwhile, VTHO acts as the fuel for the ecosystem, enabling transactions and supporting decentralized applications. It also uses various technologies to collect data and send it to the blockchain, including NFC and RFID

Market variables, including investor sentiment, technological advancements, regulatory changes, and overall adoption trends, all have an impact on VeChain’s price. Similar to other cryptocurrencies, prices are also subject to volatility, which is defined by fluctuations that occur in response to the dynamics of market supply and demand. Its price fluctuations can also be influenced by news and announcements about partnerships, growth of the entire ecosystem, and general market trends. According to the latest VeChain news from Metaverse Post, the recent agreement has given VeChain a huge boost, which has led to significant growth in VeChain's native assets VET and VTHO. VET has actually risen by about 13% since the recent breakout. Analysts have set a breakout target of $0.038, indicating a possible rise of 36%. The platform has a history of multiple successful partnerships recently. Its real-world utility, where a single smart contract processes a staggering 2 million transactions per day, is the most supportive of its momentum. Another fascinating VeChain token news that indicates a highlight for the company and its supporters is the company's participation in the Mobile Internet Conference World 2024 Barcelona (MWC2024), where CEO Lu Yang is expected to give a speech. Lu Yang's keynote speech was exciting, which suggests that VeChain may be preparing to make a major announcement or cooperate with other companies to increase its market share. In addition, the company's participation in MWC2024 solidifies its position as a project with real use and value to the corporate world, while also increasing attention and adoption of its blockchain solutions.

Why are the rich getting richer and the poor getting poorer? Here are a few points to explain:
1. Unequal asset transactions: The rich tend to hold high-quality assets, such as real estate, stocks, and stable investment portfolios, while the poor may only be able to buy inferior or high-risk assets, such as high-interest loans, low-quality stocks, or altcoins. This unequal transaction leads to the growth of the wealth of the rich, while the poor find it difficult to accumulate wealth.
2. Differences in asset quality: The assets of the rich are usually inflation-resistant and value-preserving, such as real estate and stable financial assets, while the assets held by the poor may fluctuate greatly with economic fluctuations, such as loan debts and investment products with high market risks.
3. Investment selection and strategy: The rich prefer long-term investment and diversification, and they choose a robust asset allocation to maintain and increase wealth. In contrast, the poor may be more susceptible to short-term market fluctuations and high-risk investments, leading to unstable financial conditions.
4. Market manipulation and information asymmetry: The rich have more resources and access to information in the market, and they may use these advantages to explore the market or obtain short-term benefits by creating and selling inferior assets. This unfair market behavior may put the poor at greater risk and loss.

For those who have been holding Bitcoin in the first half of this year's crypto market, the mission has been completed! But in the second half, I will focus on Ethereum. No matter how Bitcoin behaves, I don't care. I only care about my Ethereum and the copycat in my hand!
How to operate in the current market:
1. The current market situation has not changed significantly from before, so the formulated strategy can continue to be implemented, that is, "buy more when the market falls sharply, buy less when the market falls slightly, and invest regularly when the market does not fall", and the strategy will be updated until the market changes;
2. As I said before, use strategies to fight against market risks. When the market is in an extremely excited state, we should not shrink back and strike hard; when the market is in a half-dead state, we should not strike hard and develop in a wretched manner;
3. The market is boring and needs to be waited for most of the time. In the rising period, we go to gamble, and in the adjustment period, we rest. Otherwise, the money earned in the rising period is easy to return in the adjustment period. However, fortunately, the adjustment period has been over for more than 3 months and is about to end.
It is now the final stage of the wash, and everyone must hold on! If you give up at this time, all your efforts will be in vain!

Do you understand the psychology of the banker?
Many people think that smashing the market is washing the market, but this is a misunderstanding! Today's bankers are very cunning. They use extreme price fluctuations to wash the market, which makes the leeks unbearable.
Sometimes, it is expected that the market will rise in the future, but the market keeps falling. At this time, you begin to doubt yourself: Is it a wrong judgment? Should I cut my meat and wait for a new low before buying the bottom? But often there is another wave of decline after buying the bottom, which makes people confused. Does the bull market really exist? However, at the same time, institutional funds are still entering the market, but the market does not seem to be getting better. This is the brilliance of the banker's washing strategy. Their strategies are ever-changing and elusive even for experienced investors. In the face of this situation, we must stay calm, not be swayed by emotions, and continue to learn and understand the new strategies of the banker.
The bull market is not over yet, the banker is just testing our patience. Remember, stay calm and don't be swayed by emotions, so that we can laugh to the end in this game.

$VET Analysts Expect VeChain (VET) to Reach $1.37 in Timeline
VeChain, a blockchain platform specializing in the tokenization of real-world assets (RWAs), is experiencing a renewed sense of optimism in the crypto community. The momentum stems from upcoming project milestones and bullish predictions from analysts for the platform’s native token, VET.
Excitement for Upcoming Developments
VeChain is set to host its much-anticipated HiVe Summit in the coming days. The industry event is expected to attract big names in the blockchain space and has the potential to unveil significant new initiatives for VeChain.
Specific details regarding these potential announcements have yet to be revealed, but the prospect of significant developments has generated excitement among VeChain investors and enthusiasts.
Further fueling the positive sentiment is the upcoming launch of the VeBetterDAO mainnet. Announced for launch in 2024 after a period of price appreciation for VET and VTHO (VeChainThor Energy), VeBetterDAO is a decentralized autonomous organization (DAO) built on the VeChain ecosystem.
The initiative introduces two new tokens: B3TR, which incentivizes sustainable behavior through innovative decentralized applications (dApps), and VOT3, which gives holders governance rights within the VeChain ecosystem.
The increase in VeBetterDAO activity is expected to translate into a corresponding increase in demand for VET and VTHO. Therefore, the launch of VeBetterDAO mainnet is a significant milestone in VeChain’s overall growth trajectory.
Analyst Predicts VET Price to Surge
Taking advantage of this wave of optimism, one cryptocurrency analyst has made a prediction for VET’s price. The analyst predicts that VET could reach $1.37 in the next 384 days, a massive 27x increase from its current local high of $0.51.
The prediction suggests that VET could not only surpass its current all-time high (ATH) of $0.27, but could potentially reach even higher heights within the next year.
The upcoming project milestones and optimistic analyst predictions have instilled confidence in VeChain investors, commonly referred to as “VeFam”.
While there is still uncertainty regarding the accuracy of price predictions, VeChain’s planned developments and the overall positive sentiment surrounding the project suggest that VET could see significant growth in the coming months.
Investors are encouraged to conduct thorough research and due diligence before making any investment decisions.

[He Yi: Trading platforms do not have pricing power, and the history of swindling may be coming to an end]

Binance co-founder He Yi wrote that the market rise in 2024 will be initiated by BTC ETF. This wave of smart money belongs to the king-level projects and the swindling studio. They love each other and have created a wave of beautiful data together. On the one hand, the project parties can raise more money from VCs (if you observe the top VCs in the market, they are all over a billion US dollars, which will indeed push up the pricing of good projects), and on the other hand, the project parties with money and users are full of confidence. There are millions of users on the chain. It doesn’t matter if they don’t go on a certain platform. There are many CEXs to go on. If there is no CEX, there are DEXs. At worst, there are DEXs on their own chains. Trading platforms do not have pricing power, so for projects with high valuations, everyone should look at the fundamentals, not just the market value, but also the circulation. As of today, the market has indeed changed again. The fratricide between the swindling studio and the L2 project has turned into a farce, and the history of swindling may be coming to an end. Currently, there are more professional players in both the primary and secondary markets. They have various tools to hedge risks, but the market size has also expanded. As an ordinary investor, the ICO of 2017, the IEO of 2021, the nesting dolls, and even the 2023 strategy of making money may not be suitable for today's market. In every cycle, there will be some projects that go through the bull and bear markets, and there are also countless top-level projects that fall on the road. Whether it is Web2 or Web3, there are very few successful startups, and projects that cross the gap and go through the cycle are even rarer.

The European Cup has begun, which tokens are worth paying attention to?
Every time there is a football event, there is a rotation of football tokens in the currency circle. In the World Cup two years ago, POR endorsed by Ronaldo soared 119% before the start of the game, and various other fan tokens also rose wildly.
This year's European Cup has begun, and the America's Cup is also on the way. Football-related tokens are still worth paying attention to to see if there are any opportunities.
Taking stock of sports-related tokens, Chiliz dares to say second, and no one dares to say first! Chiliz is a comprehensive project that integrates trading platforms, fan coins and public chains! Founder Alex Dreyfus is French, so Chiliz has a lot of resources in Europe, and many of their partners are from European giants, such as Saint-Germain, Juventus, Barcelona and Manchester United. Moreover, the familiar Messi and Ronaldo have cooperated with Chiliz!
After talking about Chiliz's strength, it is necessary to review CHZ's operations during the competition. Before the start of the 21st European Cup, that is, in February, CHZ began to strengthen in advance. In just one month, it rose from 0.3 to 0.94, an increase of more than 200%. Subsequently, CHZ began to peak and fall. During the 2022 World Cup, CHZ also rose all the way in the two months before the start of the game, from 0.08 in mid-June to 0.26 at the end of August, an increase of 220%, and then continued to fall!
It is not difficult to find that there is a rule in the price of CHZ, that is, it rises first and then falls. If you run a little slower, you can't escape the fate of being cut! It can be said that you are thinking about the profit of the dealer, and the dealer is thinking about your principal!
In fact, in addition to CHZ, there are many fan tokens, such as: Binance's own son SANTOS, the Argentine football team's ARG, Ronaldo's endorsement of POR, Barcelona's BAR and Manchester City's CITY, etc. If you are interested, you can pay attention in advance to see if you can make some money for wine during this European Cup.
It should be noted that these tokens can only be used to make a profit in a short period of time. Don’t fight to the end, otherwise the principal may be lost.
$CHZ $SANTOS