Why do others have thousands or tens of thousands in their accounts after liquidation, while you have zero? 🔥
Because transaction fees are the largest cost in the trading process! For example: Principal 1000u 10x leverage means 10000u, 10000U*0.05%=5u transaction fee For 1 contract: Opening fee 5u, closing fee 5u, total 10u.
💦 Summary: With 10x leverage, assuming 5 contracts a day
💧 Daily fee is: 10*5=50u=350 yuan
💧 Monthly fee is: 350*30=10500 yuan
💧 Annual fee is: 10500*12=126000 yuan
20x leverage means 20000u, 20000U*0.05%=10u transaction fee For 1 contract: Opening fee 10u, closing fee 10u, total 20u.
💦 Summary: With 20x leverage, assuming 5 contracts a day
💧 Daily fee is: 20*5=100u=700 yuan
💧 Monthly fee is: 700*30=21000 yuan
💧 Annual fee is: 21000*12=252000 yuan This is just based on 10x and 20x leverage. If you aggressively use 100x leverage, the fees are even more astonishing!
According to the above calculations
📌 In a year, just in transaction fees, you can get back tens of thousands of U!
💥 The savings = pure profit! In case of an improper liquidation, the returned money is your ammunition for a comeback! 💪
Why is it getting harder to make money in the crypto world?
The core reason is that there is less money and more coins. There are two major backgrounds for this bull market: one is that the Federal Reserve started raising interest rates in 2022, maintaining rates above 5%. Meanwhile, the global capital markets from 2020 to 2021 entered a crazy bull market, with A-shares, U.S. stocks, and the crypto world seeing countless hundredfold and thousandfold returns, largely due to the pandemic in 2020 and the Federal Reserve lowering interest rates to nearly 0. Different levels of funding interest rates led to completely different market outcomes. When there is fundamentally no money in the market, whose money can you make? So, this is the fundamental reason why making money in the crypto world during this bull market is so difficult. The Federal Reserve cannot possibly maintain such high interest rates for the long term. A major influx of liquidity is an inevitable outcome for the future. Therefore, I believe that the crypto world will have better profit-making effects in a year or two. Another major background is that the assets in the crypto world are currently in a severe phase of overproduction. In 2017 and 2021, how many coins were there in the crypto world? Last year, it was reported that there are already 35 million coins in the crypto world. Too many monks and too little porridge; lacking funds inherently means poorer profit-making effects when distributed among specific coins. This is the reality of the crypto world today. My coping strategy First, strictly select high-quality coins, choosing the best among over 35 million coins. Either choose Bitcoin or have the ability to filter out the top coins from altcoins. Second, preserve strength and minimize losses. Hold on until the next major liquidity influx cycle, when macro improvements will bring profit-making effects back into play.
The market initially expected the Federal Reserve to cut interest rates in September by less than 40%, but once the non-farm payrolls were released, the expectation skyrocketed to 80%!
1. New jobs added: 73,000, and it's really okay to not look at the revised data In July, non-farm payrolls added 73,000 jobs, which was below the expected 104,000.
If we don’t look at the revised data from the past few months, it seems like U.S. employment is starting to weaken? But looking back: In May, the initial report was 144,000, and in June, it was reported as 147,000; suddenly revised down to 19,000 for May and 14,000 for June, totaling a “loss” of 258,000.
You ask where did all the people go? Is it a “numbers game”? Even more exaggerated, the level of 14,000 new jobs can be compared to the worst times during the pandemic in 2020. Even the Labor Department said that such a large downward revision exceeds the normal range—who believes it?! $BTC $BTC
When the market is highly volatile, the easiest trap to fall into is 'emotional illusion', rather than judgment errors.
When the market rises, all you see is 'the consensus has been reached' and 'structural bull market';
When the market falls, the screen is filled with 'systemic risk' and 'the bubble will eventually burst'.
But you must understand: the market is always changing, and emotions are your greatest opponent.
It's like the weather; sometimes it's sunny, sometimes it's pouring rain. You can't sell your umbrella just because it's sunny today, nor can you give up traveling just because it's raining today. True stability is maintaining a sense of boundaries at all times.
Just like how Powell's speech lowered the expectations of a rate cut in September, but if the subsequent data aligns, the expectations will quickly be adjusted. You can't jump around every time expectations fluctuate; that's not trading, it's binge-watching.
I also want to share a phrase with everyone:
'Versatility is not a multiple-choice question, but a test of endurance.'
When the market rises, learn to slow down and avoid blindly chasing highs;
When it falls, don't panic; the market won't end a trend due to one or two candlesticks.
Always remember—short-term, the market looks at emotions; medium-term, it looks at logic; long-term, it looks at value. Calmness is your greatest asset. $ETH $BTC #美联储利率决议 #ETH重返3800
As the market generally expected, the Federal Reserve did not adjust interest rates during the July meeting, maintaining the current high rate status.
This time, the FOMC internal vote was also not surprising, with only Waller and Bowman, two typical hawks, choosing to cut rates, which can be seen as giving Trump a bit of an explanation. However, the mainstream faction still chose to stay put, after all, no one dares to take the lead in easing when employment and inflation have not shown clear signs of decline.
And how did the market react? Very realistically. Both the U.S. stock market and gold opted for a "disappointment-style pullback," with Bitcoin and Ethereum also following suit. Only the U.S. dollar index remained strong due to the maintained high interest rates and no immediate concerns. In simple terms, in this kind of market, no one wants to take on risk assets.
From the trend, Bitcoin briefly surged to 119K last night but could not hold, turning back down to the 115K area for consolidation. This downward move is more of an emotional release, and whether it continues will depend on the non-farm payroll and the upcoming PCE feedback. If the data continues to weaken, the pressure for a rate cut in September will return to Powell, and at that time, the stance will be really difficult to pin down.
Today, the entire market feels like it's covered by an invisible veil, with absurdly low volatility. Bitcoin is moving sideways, Ethereum is holding steady, and the altcoin market is basically in a downtrend. A few sporadic movements in some coins cannot uplift the atmosphere. The whole market is lifeless, yet it’s not completely flat — more like the calm before the storm.
The reason is simple: there are a bunch of significant events stacked up for tonight: ADP non-farm employment, preliminary GDP for the second quarter, Federal Reserve interest rate decision, and Robinhood's earnings report. A whole string of information is like bullets in the chamber, just waiting for the U.S. market hours to be fired off one by one.
The problem is that before such a concentrated release of information, the market simply doesn't dare to move. Should we chase now? The sense of direction is insufficient. Should we short now? With volatility so low, there’s hardly any profit to be made. To say the least, the daytime market conditions are such that even short-term trading opportunities are disappearing, and one can only make some passive orders and wait for a chance.
Let alone the fact that this is a key moment for the monthly close. If tonight's news doesn't provide a clear direction, then the monthly trend will really depend on a last-minute push. Looking at the current candlestick structures of mainstream coins, it could either be pulled up to make the monthly close look good or might take the opportunity to initiate a wave of selling to create a bearish engulfing pattern.
Right now, the rhythm of the entire market is very unsuitable for aggressive operations; it's better to take a steady hand and wait for the news to land before proceeding. Too much news, unclear direction, and compressed volatility — it's easy to get repeatedly slapped in such a market. $BTC
Caution! The Night Before the ETH Plunge, the Last Frenzy of the Bulls?
Recently, ETH has been strongly fluctuating in the $3800-$3900 range, and many people interpret the current trend as building momentum, with some even shouting the bullish slogan of "Ethereum 10th Anniversary + Main Bull Market Wave." In the face of this enthusiasm, we should calmly recognize the following facts:
Currently, many institutions are performing "pump and dump" operations at high levels. On one side, institutions like SharpLink Gaming are publicly purchasing ETH for staking, while on the other side, on-chain staking withdrawals are queuing up, setting historical records. This pattern of simultaneous long and short positions, with capital flowing secretly, can easily lure retail investors into buying at high prices.
The upcoming FOMC meeting + PCE + Non-Farm Payrolls triple data hammer is approaching. Although the Federal Reserve is not raising interest rates in the short term, it is still uncertain whether it will release clear expectations for interest rate cuts. If Powell continues to "sit on the fence" or issues hawkish rhetoric, it will directly impact the crypto market.
In addition, the Ethereum 10th Anniversary event will be held on July 30. Although the NFT giveaway event has a significant emotional stimulus effect, the **historical curse of Ethereum "always dropping during events"** has not been lifted. The previous Shanghai upgrade and the merger event were all the beginnings of adjustments after good news was realized.
The current trend of Ethereum is highly likely not a continuation of a bull market but rather a "bull trap" at a stage peak. Technical indicators diverging, on-chain withdrawals surging, macro variables interfering, narrative positives being realized... all risk factors are accumulating. Once $3900 is breached, ETH may test the $3700-$3600 range in the short term. If market sentiment releases panic, it may even test the downside gap of $3400-$3200.
This is not bearish singing, but a risk warning. If the market truly strengthens, there's no need to fear waiting for confirmation; but if it's the night before a plunge, hesitating for a second could be the start of being harvested. Of course, if you choose to seek fortune in danger, I have nothing more to say. $BTC $ETH #以太坊十周年 #ETH重返3800 #上市公司加密储备战略
Hold steady, wait for the final word from "Old Bao" on the market.
Last night's volatility wasn't big, but it wasn't small either. To put it bluntly, it was just "sliding sideways." Do you think the market is truly stable? Not necessarily. After all, everyone wants a piece of the macroeconomic pot right now. Market nerves are on edge, risk appetite is low, and everyone wants to wait and see what happens.
This week has been chock-full of things, literally piling up to the ceiling. Want to rush in and buy the dip? That's not gambling, it's gambling. I'm not one to make orders based on intuition. Unless I'm truly in trouble, then I'll consider buying some "golden cabbage." But right now, the market is fluctuating between 117,000 and 120,000. There's little value in participating in this range, and the cost-effectiveness is extremely low.
Sentimentally, the market is quite stable. No one's shouting about a market crash. Large investors are watching from the sidelines, and small investors have learned their lesson and are less willing to take on the short-term gains.
This week's data releases come one after another: PCE, non-farm payrolls, and the Federal Reserve's interest rate meeting—all crucial events. The key lies in what Powell says. Everyone knows there won't be a rate cut in July, but the market is truly focused on whether there's a chance of easing in September.
To put it bluntly, the market is currently "waiting for a signal." Once Powell speaks on Wednesday, everyone will know which way to go. Both market conditions and sentiment will have a directional shift at that moment.
Back to the market
Last night, the Bitcoin price was pushed back to 119.5K on the daily chart. Any upward movement must first hold here. If it fails to hold, it will likely look back to 117K, or even 115.6K. Breaking through will lead to a run towards 110K. Conversely, if 117K holds, there's a chance it could reach 120K. The key is that the market needs a signal—and that signal will have to come after Powell's speech at the earliest.
ETH has actually been quite stable over the past two days, holding steady at 3880. If it holds above 3880 in the short term, it could test 4000 or even 4100. Conversely, if it falls below 3770, there's no need to hesitate, and I recommend immediately cashing out any remaining positions.
Furthermore, from a technical perspective, a golden cross between the monthly fast and slow lines is imminent. You know, when was the last time Ethereum formed a golden cross? In December 2023, the price was only 2440, and it has since doubled. So, if it truly holds above 3880, there could be up to 1500 points of upside potential from August to October. $ETH $BTC $BNB #ETH重返3800 #巨鲸动向
ETH dances between bullish and bearish, which side do you believe at this critical moment?
Since last Friday night, ETH has entered a steady upward trend, firmly standing above $3,880 last night, with a 24-hour increase of 3.75%. This upward movement is not like before, where it surged high and then fell back, but is exceptionally steady - this is not an emotional pulse, but rather a true accumulation of trend momentum. However, ETH currently faces a 'multiple-choice question': with both bearish and bullish signals appearing, which side will the market believe?
[Bearish Aspect] The surge of ETH exit queues has triggered questioning emotions. According to [validatorqueue] data, since July 16, the exit queue for the Ethereum PoS network has surged.
Ethereum Anniversary, Must Drop During Meetings? This is not coincidence; it’s a script.
July 30th is Ethereum's birthday. This big brother of smart contract platforms is about to enter its tenth year; logically, it should be a celebratory, positive, and rising atmosphere. However, the market seems unkind; every year around this time, the market either crashes or surges and then falls back. Investors treat 'Ethereum anniversary equals decline' as a curse. Most importantly, these drops often coincide exactly with 'macro meeting weeks': monetary policy meetings, non-farm data, Federal Reserve speeches... Ethereum seems to be that fish caught in multiple layers of time, only able to jump sideways in volatility.
"Super Macro Weekly Outlook" Seven Signals Pressing Down, Market May Face Directional Choice! This week is a standard super macro week, where any detail may influence market trends. 1. Actual Progress of Tariff Policies: Currently, the US and Europe, as well as the US and Japan, have basically finalized the tariff framework and set the overall tone. Next, the market is most concerned about the progress of US-China negotiations and whether the US-Canada and US-Mexico agreements will be reached. If the US and China cannot come to an agreement, high tariff options may be implemented directly, significantly increasing market volatility. 2. Federal Reserve Interest Rate Meeting (Thursday): There is not much suspense regarding this interest rate decision; the focus is on whether Powell's attitude softens. He has been under pressure recently, and the market hopes to see signs of a more lenient stance; if dovish signals are released, it will support risk assets. 3. Bank of Japan Decision: The focus is not on whether to adjust interest rates, but whether the Bank of Japan's monetary policy will start to consider a more neutral path after reaching a tariff consensus with the US. If signals of future tightening are revealed, the yen and Japanese stocks may experience significant volatility. 4. Non-Farm Payroll Data on Friday: The focus is on whether private sector employment continues to decline, especially whether the services and manufacturing sectors still show weakness. If the data falls short of expectations again, the Federal Reserve's policy expectations will be further disrupted. 5. July Political Meeting at the University of Tokyo: This is a core window to observe the direction of China's economy and policy tone for the second half of the year. The market expects to see clearer and more forceful fiscal and monetary stimulus signals under the current economic pressure. 6. June PCE Price Index Release: The previous CPI and PPI have already provided clues to the market; this PCE data will further verify the direction of the inflation path and will either strengthen or weaken the market's pricing of the Federal Reserve's policy direction. 7. Arrival of Earnings Season for Major US Tech Companies: Giants like Microsoft, Apple, Meta, Amazon, and AMD will release their earnings reports, which serve as a ballast for the US stock market. If the performance is below expectations, tech stocks may face adjustment pressure; conversely, it may help stabilize or even strengthen the index. Starting Wednesday, significant macro events will emerge one after another, and each change may have a profound impact on market sentiment and direction. Trading should remain flexible, and holding large positions should be approached with caution. $BTC $ETH #ETH重返3800 #BNB创新高 #美国与欧盟达成关税协议
Give sincere advice to retail investors in the cryptocurrency market. The following are the 8 most common mistakes made by retail investors. Be sure to read carefully, it will surely enlighten you.
1. Too much diversification. A person's energy is limited; it's impossible to keep track of too many cryptocurrencies. Generally, hold 3-5 types of coins if your investment is under 1 million.
2. Too much concentration. The market segments must be diversified. Opportunities in the cryptocurrency market always rotate. Usually, select quality leading coins from 3-5 segments.
3. Excessive self-centrism. Remember, the market is always right. Learn to respect the craziness and cruelty of the cryptocurrency market. Study diligently and keep improving.
4. Lack of patience. This is a common problem among many retail investors. They always like to go all-in and never leave room in their positions to wait for the right opportunity to enter. They can't stand seeing others profit. If someone else's coin rises, they become anxious. Patience is essential; the speed of rotation in the cryptocurrency market is faster, and opportunities are always present.
5. Indecisiveness. When the market starts to move, they always hesitate, thinking too much, and miss out on doubling their investment. When trading cryptocurrencies, be decisive once you identify a good opportunity. If you're wrong, exit promptly.
6. Not setting stop losses. They always think that every cryptocurrency they buy will make money. Such good fortune is rare. The cryptocurrency market fluctuates rapidly; if you're wrong, you must acknowledge it. Timely stop-losses are key to preserving your capital.
7. Not following the big funds. Observe the intentions of the market makers closely. Don’t panic and sell at the floor price just because the price drops. Big funds often conduct a final washout before a significant rise to shake out retail investors.
Whale Sell-off + Trump Reconciliation = Can Bitcoin Not Drop?
Without a doubt, the most explosive news in the market yesterday was that the 'ancient whale' that has been dormant for many years finally took action. This time it is not a transfer, not a reallocation, but a genuine sale of coins, with some even directly selling on exchanges, leading to a clear phase decline marked by $BTC , with the lowest probing around $114,600, which briefly triggered panic in the market. According to on-chain data and Galaxy Digital's announcement, this major holder from the Satoshi era has sold over 80,000 Bitcoins, which at current prices is over $9 billion, truly a 'market-crushing' sale. Interestingly, despite the significant impact of this news, the market actually began to stabilize and recover after a brief drop, and the price has even returned to above $117,000.
If you could go back 10 years, would you choose to buy Bitcoin?
Looking at today's visible market price of Bitcoin, compared to the price of Bitcoin ten years ago, when comparing the two, it's not about whether or not to buy, everyone would, at that moment, put everything on the line, put everything on the line, put everything on the line. However, the biggest difference between the poor and the rich lies in that, the rich see because they believe, while the poor believe because they see. This creates a gap of thousands of miles between the two. In fact, everything you want to create, before it comes into existence, first appears in your mind as a vision of that thing, only then can you design and manufacture it, and only then can it be placed before you.
Currently, the Bitcoin market is still in a consolidation phase.
During the day, pay attention to the breakout at the reversal points of 120,200.
If it breaks through, there is hope for further upward movement (the probability of breaking through is high, but it also presents an opportunity for short positions).
If it fails to break through, attention should be paid to the support level of 116,000 and the rebound opportunities after a pullback.
These are all reference points for going long or short.
Recently, the narrative mainly revolves around tariffs, approaching August.
Another significant news is that Trump will inspect the Federal Reserve tomorrow; historically, only three presidents have inspected it.
This could likely convey some conciliatory message from Powell (a rate cut is also possible).
Only short-term healthy pullbacks can lead to better rises
The pullback is still ongoing, and it's expected that $BTC will return to 115k to consider establishing long positions $ETH will pull back to around 3500
Such pullbacks are actually very healthy
I believe the market indeed needs some time for consolidation at this stage, but in the long run, the probability of breaking new highs is quite large. After all, for ETH, it has experienced a prolonged three-year downtrend and has just emerged from this low point.
There is a common logic in the market: "To correct is to overcorrect." When an exchange rate that has been suppressed for a long time rebounds, it often takes the same extreme approach to correct itself.
Therefore, after a surge, the market will also experience an extreme pullback to repair the overall trend structure.
This pattern is very applicable in the current market landscape. On one hand, the ETH/BTC exchange rate needs a relatively strong rebound against the long-term bearish trend, which may last for about a month; on the other hand, ETH's pullback in dollar terms also needs a moderate extreme, perhaps to 3300, to repair the current trend structure. #山寨季來了? #以太坊突破3700
500,000 ETH Unstaking: The Market Storm Behind Institutions
Recently, the news of over 500,000 ETH queued for unstaking has sparked considerable discussion, with many people worried that this could pose a risk of a market crash. So, who is behind the large-scale unstaking? What does this phenomenon really mean? Here, I would like to share my views. The conclusion is that such large-scale unstaking is likely driven by a single institution, which will be analyzed in detail below.
Looking back at the history of Ethereum's transition to POS, it is clear that large-scale unstaking is not a first-time occurrence. In the past, similar situations occurred, such as when Celsius went bankrupt in January of last year. At that time, Celsius urgently needed funds and suddenly unstaked over 500,000 ETH, causing the entire network of verification nodes to queue for processing, blocking for a full 7 days. This time, a similar scale of unstaking has caused an 8-day queue, inevitably raising questions: who is facing bankruptcy or needs to withdraw a large amount? Is it Sun Zhengyi? (If it's you, remember to blink👀)
However, if we look only at the situation of the staking queue, this time's situation does not need to trigger panic like last time. When Celsius unstaked last year, there was almost no new capital entering staking, so the amount unstaked this time had almost no hedge. This time’s situation is relatively more complex because, prior to the unstaking, there were several days when the amount entering staking was almost equal to the amount unstaked, which played a certain hedging role. Therefore, from the perspective of the queue situation, the market does not need to panic like last time.
Overall, although large-scale unstaking may cause short-term market fluctuations, this time's situation is closer to an adjustment rather than a complete market crash. As long as the market can maintain relative balance and hedging, the short-term risks should be controllable, and investors need not overreact. Of course, closely monitoring large capital flows and the dynamics of staking remains an important reference for making reasonable judgments about market trends. $ETH #以太坊突破3700 #ETH🔥🔥🔥🔥🔥🔥