makati07

After touring the square and checking external news,
I couldn't find any reason for the drop of 10,000 points at six in the morning,
without exception, the simplest reason is that the market maker liquidated the long positions,
Since this kind of spike occurs, a second one may appear,
and perhaps more such spikes will follow, so when trading, always set a stop loss,
if you don't set take profit and stop loss, waking up could be a disappointment,
The liquidation in a bull market can really be scarier than in a bear market,
What people often say on social media about price fluctuations being terrifying is true 😂

Intra-day observation: wld, xrp, ena, doge, HBAR, wif.....

In the next few days, Lao Xu will guide fans to stealthily invest in some very promising assets to hold until the end of the year,
doubling is quite simple,
Comment 666 to get on board!!!

#比特币回升至97K #ENA突破1美元 #SUI市场新焦点

So terrifying!
The news just came from the American icon!
Elon Musk icon warned in the media that the United States is rapidly heading towards de facto bankruptcy. He emphasized that bankruptcy itself is not the biggest problem; the real crisis lies in the government's direct spending on enterprises, leading to the phenomenon of 'state enterprises advancing while private enterprises retreat', which poses a huge threat to the long-term healthy development of the market economy.

First, the issue of the U.S. government's fiscal deficit is becoming increasingly severe, with the budget deficit for 2024 reaching $1.833 trillion, an increase of 8% compared to the 2023 fiscal year. This continuously growing deficit is causing the level of U.S. debt to rise, posing a significant threat to the country's economic health.

Second, the total U.S. debt has soared to $35 trillion for the first time, equivalent to the combined economic output of China, Germany icon, Japan icon, India icon, and the United Kingdom icon. This figure not only sounds the alarm for uncontrolled debt but also poses a challenge to the stability of global financial markets.

Third, Federal Reserve Chairman Jerome Powell icon admitted that the growth rate of U.S. debt is faster than the growth rate of the economy, which is unsustainable. This mismatch between debt growth and economic growth signals a potential economic crisis in the future.

Fourth, the U.S. government's excessive spending is considered one of the reasons for inflation. In the current global economic situation icon, inflation puts pressure on the cost of living for ordinary people and the operational costs for businesses.

Fifth, the U.S. is also showing signs of economic downturn in other aspects, such as retailers falling deep into financial crises, the manufacturing industry remaining sluggish, and rising unemployment rates. These signs indicate that the U.S. economy may be facing the risk of recession.

Sixth, the U.S. government has been blinded by short-term political interests over the past few decades, neglecting to implement necessary structural reforms. In an election year, the disputes between the two parties have intensified, and the severe reality of uncontrolled debt is also ignored, further exacerbating the risk of a fiscal crisis.

Musk's warning is not alarmist; the economic problems in the United States have indeed reached a point that cannot be ignored. Government fiscal policy and debt management need to be more prudent and effective to avoid a potential economic crisis. At the same time, the U.S. also needs to reach a political consensus to jointly face and resolve these deep-rooted economic issues. After all, the healthy development of the economy is related to everyone's future.

"Today, the A-share market staged a big drama! Domestic institutions had a net outflow of 26 billion yuan in the morning, shocking many investors. Just when everyone thought that foreign capital would come with a wave of heavy losses, they did not move, and the national team quietly stabilized the index behind the scenes. Retail investors were enthusiastic about buying at the bottom, but they did not expect the semiconductor sector to rise and fall, which made people a little upset."

Speaking of similar situations in history, there are really many. This kind of large-scale capital outflow or frequent trading by a specific group is no longer a new thing. Sometimes, the market is hit in the short term and is in a mess; but in the long run, such events often become a catalyst icon for reform and strengthening of supervision.