Recently, Bitcoin has been above 100,000, and altcoins have also taken the opportunity to surge. Among them, the MEME sector's growth is quite impressive. If you pay close attention, you will notice that when Bitcoin dipped to around 100,700 yesterday, many altcoins were directly hammered down! Even now that Bitcoin has returned to around 103,500, many altcoins are still at low levels, only slightly following the rise! In summary, most altcoins fall but do not rise, and many altcoins have poor liquidity!
In the crypto sphere, never have a chicken talking to a duck!
'Chicken talking to a duck' is a vivid Chinese idiom that refers to two parties being completely out of sync in communication due to differences in language, cognition, or stance, each talking about their own thing and finding it hard to understand each other. Doctors explain conditions using professional terminology, but patients only care about 'How long until I get better?' Programmers discuss code logic, while product managers only ask, 'When will the feature go live?'
It's like when I tell you that the coin price has risen, remember to reduce your position, and you say you've cleared out completely, we're just not on the same wavelength! Recently, Bitcoin has been above 100,000, and altcoins have taken this opportunity to rise as well, with the MEME sector showing a particularly pleasant trend. If you observe closely, you'll find that when Bitcoin spiked to around 100,700 yesterday, many altcoins were directly smashed through!
#CPI数据来袭 4 The overall CPI data for October indicates that inflation in the United States has not intensified, and it strengthens the market's expectation that the Federal Reserve (Fed) is about to resume interest rate cuts.
It is expected that there will be two rate cuts this year, but the timing of the cuts may be delayed by a few months, and the probability of three rate cuts this year is not high.