每日币看静姐

No more illusions,
this wave of trends has ended, or rather, the bull market has also ended.
In the morning, looking at the K-line closing situation,
large bearish line, small fluctuations, bulls hardly dare to enter the market.
If nothing unexpected happens, it will continue to decline,
don't enter the market at this time, don't try to fight for a little profit.
The extent of the drop is far beyond this,
in fact, last night, I was waiting for it to rebound a bit to go short.
A gentleman, suppresses his position, resolves his division, combines his light, and shares his dust.
A gentleman does not stand under a dangerous wall.
Since the trend has changed, one should go with the trend.
Someone asked me, why have you started shorting again, didn't you see the large bearish line, one bearish line piercing three? This is a deadly formation, if you don’t go short, do you plan to resist it head-on?
Don't do that.
Remember, the decline has just begun, don't rush to enter the market. Those who want to go long, be patient and wait.
Recently, the rebound has been primarily for shorting.

Recently, there have been rumors that MetaMask might issue tokens and airdrop them to $Linea holders.

Yesterday, I was busy looking at a few of my holdings and didn't do much research. It turns out the source of the news is Joseph Lubin, founder of Consensys and co-founder of Ethereum.

Although it is not an official confirmation, he has indeed hinted that holding LINEA tokens may yield future rewards, including tokens from Consensys and other related protocols, and mentioned that MetaMask and Linea are cooking somETHing together.

So, when Linea tge happened, it was right that I didn't sell any tokens. Let's see if $Linea has the potential to be the golden shovel of the Ethereum ecosystem?

However, considering the past bad records of the little fox wallet and Linea's multiple instances of PUA in the past few years, do not go all in; if he says 10 points, believe 3 points is enough.

Just now, the data shows that the defi TVL has already caught up with the peak of the last bull market.
The composition of this round of defi leverage is very interesting.
Starting from 2022, the new compliance framework has made it so that compliant funds cannot enter exchanges. Several major exchanges have come up with a solution.
That is to do multi-signatures with funds. Then, the exchange gives you a 1:1 mapping of happiness beans. Regular settlements. If you win, they compensate you; if you lose, they deduct from the multi-signature. At this point, Binance's regular asset disclosures began to include an additional custodial asset that is neither a cold wallet nor a hot wallet outside the exchange.

Riding on this compliance framework, exchanges that accept compliant funds can be called first-tier exchanges!
Thus, the first windfall emerges: multi-signature wallets!

I am very, very sorry; I really tried hard. Our OB mpc wallet did not squeeze into this track; we missed the timing.

Then, after several natural evolutions, we have arrived at the current version of stablecoins.
Based on the above framework, now you can use 1 USDT to mint a certain stablecoin from the project party.

The project party then takes your money to the exchange for delta-neutral hedging arbitrage. (I have indeed talked about this arbitrage strategy https://x.com/maid_crypto/status/1923192313628721281) Of course, there are also many derivatives like US treasuries, JLP, and futures, in short, the money was taken away by the project party for arbitrage at the exchange.

In this way, 1 yuan in the industry has at least turned into 2 yuan. If you then collateralize this newly minted stablecoin to earn interest, 1 yuan can turn into 3 yuan. This is what is referred to as the re-collateralization track.

To be honest

The passive rate cuts triggered by the recession are the best

According to the Federal Reserve's past rate cut patterns

There will only be passive rate cuts

The liquidity cycle will be longer and the strength will be greater

Often, proactive preventive rate cuts have very short cycles

Friends who say that there will be no market with passive rate cuts during an economic recession

Should not have much economic knowledge

Take a look at how risk assets like U.S. stocks and cryptocurrency performed during past passive rate cut cycles

The facts are right there

I am very optimistic about the market at the end of this year and the beginning of next year

Yesterday's expectations were still unfulfilled, and even during the FOMC meeting, BTC had already started a pullback after a failed breakout...

Currently, this 4-hour supply zone has successfully suppressed the price 4 times...

Since this pullback has not created a lower low on a smaller timeframe, I believe we can still hold on to the views of the past few days, which is that there is still hope for a breakout, and that the high position short liquidity can be cleared.

9.17 SoHa Morning Report:

Waking up, it's not too bad. I can only say the market is quite interesting, with the interest rate decision at 2 AM.

1. BTC has been fluctuating and is close to 117000; waiting for tonight's interest rate decision to see if it will soar like the US stock market or, as xdm expects, pull back before surging again;

2. ETH is following BTC's upward trend and has currently returned above 4500;

3. SOL has a batch of data released; we'll see when to buy it all first;

4. Google has released an AI payment protocol supporting stablecoins, collaborating with Coinbase and others;

5. Galaxy Digital plans to launch a tokenized money market fund;

6. The US SEC has delayed the approval decision for the TRUTH SOCIAL spot Bitcoin ETF;

7. A dormant address was activated after being silent for 11.7 years, holding Bitcoin worth 117 million dollars;

8. Movement Labs has transitioned to an L1 blockchain and launched Move 2.0;

9. LimeWire has acquired the 'Fyre Festival' brand and plans to relaunch it in 2026 in a crypto format;

10. One of the founders of STBL is an early founder of Tether, and $STBL has risen to 0.22 dollars;

15 years after leaving Tether, the last project's market cap was 5M, and there is still money in the market;

11. Strategy company has securitized 47 billion dollars in fixed income and equity capital into Bitcoin;

12. Federal Reserve: Stephen Milan was sworn in as a Federal Reserve Governor before the Federal Open Market Committee meeting;

13. Trump filed a 15 billion dollar defamation lawsuit against The New York Times;

14. According to Bloomberg, Binance is negotiating with the US Department of Justice and may cancel key oversight requirements in its 4.3 billion dollar settlement agreement;

15. Falcon Finance has launched an independent entity, the FF Foundation, which is expected to manage the FF tokens;

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The market is doing quite well, and looking at my BTC, it has reached a new high. Everyone on-chain is also charging ahead vigorously; I can only say let's earn money safely, bros.

Dogecoin ETF has been postponed again to mid-next week

Bloomberg ETF analyst Eric Balchunas posted on social media that the REX-Osprey DOGE ETF (DOJE) has been postponed again. This ETF was originally expected to launch this Thursday, postponed for the first time on Friday, and is currently postponed to launch in the middle of next week (possibly next Thursday).

Introduction:

1. Market Data: BTC market cap ratio increased by 0.34% to 58.34, Altcoin Index 62

2. Stablecoins: On September 11, stablecoins outflowed 0.18 billion, USDT inflow 1.71 billion, USDC outflow 3.06 billion, current total 2464.73 billion

3. On September 10, without BlackRock data, BTC ETF inflow was 2.31 billion, ETH ETF inflow was 0.43 billion

4. [Don't be overly optimistic, the more it rises, the more to sell] Bitwise Chief Investment Officer stated that SOL is expected to perform strongly before the end of the year, with ETF capital inflows and corporate treasury purchases driving a rise similar to BTC and ETH

5. The SEC Chairman's speech at the OECD clarified that most tokens are not securities, and entrepreneurs can raise funds on-chain

6. Yesterday, Linea's airdrop was severely delayed; by the time of TGE, there were no tokens in Linea's airdrop contract

In the past week, the distribution of $BTC investors' positions shows that in the previous two weeks, both high-net-worth investors with holdings greater than 10 BTC and small-scale investors with holdings less than 10 BTC were increasing their positions, especially the increase from small-scale investors was very rapid.

However, a week later, the price of BTC did not change much, but small-scale investors shifted from increasing to significantly reducing their positions, while high-net-worth investors continued to hold.

More and more BTC is flowing into the hands of those who do not lack money, and this group of high-net-worth investors rarely participates in trading.

The on-chain situation is actually quite strange right now. I can only say that this version does not suit me. Gathering a group of people to shout various coins on different chains, doing small market cap plays, is definitely a way to make money if you shout it yourself. But I can't play this way. I can't keep up with what others shout, and I'm not suited to shout loudly myself. After all, I have been tweeting for so long, and I should have never issued CA calls. So let this version grow on its own for a while. I plan to return to the exchange to study the gameplay.

Binance has actually seen many new coins perform well recently.

$myx: alpha + contract, launched at 0.05, now priced at 7.13, more than 140 times after launch?
$m: alpha + contract, alpha launched at 0.03, now 1.73, more than 57 times after launch.
$somi: alpha + contract + spot, launched at around 0.5, now 1.68, more than 3 times after launch.
$ptb: alpha + contract, launched at 0.022, now priced at 0.055, more than double after launch.
$hemi: alpha + contract, launched at around 0.019, now priced at 0.038, more than double.

There are also many that dropped all the way after launch but later surged again. Where there is volatility, there is opportunity. Recently, I will study new alpha and spot coins more, as they are less likely to go to zero and relatively can take positions.