Major events in the currency circle 23/10/26 $CHZ - Chiliz pledged in OKX Jumpstarter can be unstaking at 4:00 pm (UTC+8), and the current pledged value is US$13 million.
• $CFX - Opened office in Hong Kong, with future plans to expand to Dubai and Europe.
• $CYBER – Binance announces investment in CyberConnect. The amount was not disclosed.
• $FLOKI - Floki has announced the launch of its staking program on October 27th, along with the launch of new reward tokens.
• $LINK – Chainlink partners with Vodafone, the UK’s largest telecom operator.
• $MATIC - Polygon’s POL token contract is now live. Major exchanges may announce token rebrands.
• $XVG - Launch of Ethereum ERC-20 token.
• $ZEN - Horizen EON staking will be open soon.
• $LUNA – Terra’s Proposition 4790 passes, promoting TFL-led growth. The FeeShare module proposal is scheduled for release on November 3.
Key reminder of on-chain data 10.20 Recently, a large amount of BTC has flowed out of the exchange, and a lot of funds have been used to buy Bitun coins. Brothers who bought it after listening to the advice before, don’t get out of the car easily. Long-term holding, victory belongs to us qq516589967
(1) The number of stablecoins in the exchange remains unchanged and has not increased, indicating that there are still few large capitals chasing the bottom. (2) There was an inflow of 3000+ BTC into the exchange yesterday
So the conclusion is still somewhat bearish. There may be another round of sharp decline at the end of September, because BTC in Mentougou will start to pay out close to October. Among them, Mt Gox Investment Fund, the largest creditor of Mt. Gox, chose September to receive early payment.
We need to lower our expectations, save bullets, and not invest large amounts of money.
Looking back at the market this week, Grayscale won the lawsuit against the SEC, but the rise of BTC did not last long. After the non-agricultural data was released, it rose and then fell back. Federal Reserve officials continue to make harsh remarks, saying that U.S. inflation is still too high and the labor market is still strong, and they will continue to wait and see whether to stop raising interest rates.
The Fed is expected to pause raising interest rates in September, but strong economic data means the possibility of further rate hikes has not been completely ruled out.
Even if interest rate hikes are suspended, it is not the start of a bull market. Why? Because the terminal interest rate is still too high, exceeding 5%. Financing costs are high and funds cannot enter the risky asset market. Without money, how can the currency rise?
Only when interest rates are about to be cut and there are sufficient expectations, the bull market will come.
Currently, U.S. stocks have risen too much this year. If the global economy weakens, it will happen in the second half of the year.
In the last bull market, I had a friend who made millions with just one currency, ksm. He has mastered the rules of ksm's short-term market washing, and has not looked at other coins in the whole process. So if you have a coin that you like, keep an eye on it, understand it, and fall in love with it. Only one coin is enough in the bull market, and it can take you flying. In fact, speculating in currencies is like falling in love. As long as you are dedicated, you will definitely get rewards.
Tonight's non-farm payroll data is released, 187,000 people, expected 170,000 people, higher than expected, but not much higher, a small negative However, the unemployment rate of 3.8% is higher than the expected 3.50%, indicating that the job market is slowing down, which is a bit positive. Long and short offset, neither salty nor light, has no big impact on the market Based on this data, there should be no interest rate hike in September to avoid amplifying the bad news.
ARB, as low as 0.89, has now rebounded to around 1. Today’s decline has basically been recovered. It can be seen that after ARB goes online, every time it falls below 1, it will immediately pull up. The trend will follow every time, and the safety line is at 1. So this location is available for purchase, will there be an upgrade to Cancun in October?
The first Bitcoin ETF results were announced on August 13. The counterfeit hotspot can still last for another week. The market may change on 8.13. If it fails, it will plummet and directly fall below the daily upward trend line. It will fall hard.
The currency circle you think is that you take out 10,000 yuan, don’t visit it for ten years, and then sell it when it reaches 1 million. The real currency circle is that if you put in 10,000 yuan, you will have 5,000 left the next day. And this night you can't sleep at night. In this year, every night when you wake up to urinate and go to the toilet, you will open the APP to take a look. Quotes. After finally getting through a year, the value of your currency fluctuates between 1,000 and 6,000. You have made up your mind to cut off your money when you lose 9,000. When a bull market comes, your currency finally rises to 8,500. You feel that based on past experience, it will definitely fall back to 6,000, so you sell 8,500 and prepare to go short and buy when it falls back to 6,000, so that you can still Earn 2,500. In fact, after your many operations, you did make a lot of money at first. But this time, you can no longer get on the bus.
Need to pay attention to recently SSV announced the mainnet launch time on August 1 Voting for CEL0 to L2 migration ends on August 1st vgx hearing on August 1 HNT will be halved on August 1st 1tc halving on August 5th On August 15th, shib layer 2 network was launched. Two more untimed news, grapevine TOMO announced potential benefits in August jasmy$astr Binance will fully provide services in Japan in August, Japan’s first Phase platform web3 Close to unlocking tokens (ACA) will unlock approximately 27.43 million coins at 15:00 on August 1