How many times have you experienced the six major black swan events? 1. Mentougou incident in February 2014: Bitcoin plummeted 80% 2. September 4th incident in 2017: market value evaporated 80% 3. March 12th incident in 2020: Ethereum plummeted to $80 4. May 19th incident in 2021: 600,000 contract dogs were liquidated 5. Luna black swan incident in 2022: crisis in the dfi field 6. FTX explosion in 2022: market trust crisis #Telegram创始人获保释 #英伟达财报
Yesterday's unemployment data was lower than the previous value and expected value. Bitcoin also rose first and then fell, and all the gains during the day were lost at night. This round of bull market is just like the bull market of Bitcoin It's too difficult to copy #Telegram创始人获保释 #英伟达财报
A side view of bull and bear markets😁 Several strong signals of escaping the top of the bull market: 1. Many people discuss dropping out of school and quitting their jobs to trade in cryptocurrencies 2. Some people believe that an eternal bull market is possible 3. Large institutions predict that BTC will be worth more than $1 million 4. People everywhere think that a revolution is coming 5. Groups start discussing garages and houses 6. Beauties start to squeeze into the cryptocurrency circle and appear frequently Signals of the bear market bottoming out: 1. Good news doesn’t increase the market, and no one even cares 2. People are fighting and eating melons everywhere 3. More and more people are quitting the circle 4. Big Vs stop updating 5. No one talks in group chats 6. Blockchain is generally considered a scam #Telegram创始人获保释 #英伟达财报
Speculating in cryptocurrencies to support the family People who know how to speculate in cryptocurrencies Either focus on one method, repeat it constantly, rotate half of the position, strictly enforce discipline, do it without any idleness, give up luck, and integrate knowledge and action. "Ruthless and righteous, mechanical operation, do it without any idleness". Or focus on one coin, toss it back and forth, roll half of the position, sell high and buy low, make the cost extreme or even negative, clear the position after a sudden pull, and change another coin to repeat. "A good coin brings happiness". People who don't know how to speculate in cryptocurrencies like to buy at the bottom, often halfway up the mountain; People who don't know how to speculate in cryptocurrencies like to chase hot spots and go with the flow; People who don't know how to speculate in cryptocurrencies focus their energy on the market, K-line and tactics every day. This is speculating in cryptocurrencies! #加密市场急跌 #美联储何时降息?
A profitable trader must have experienced despair that ordinary people cannot bear, even many times. In the trading industry, even a chosen one like Livermore has been troubled by liquidation and lack of money many times. The injury is not deep enough, and he can't change some of his trading bad habits at all. It is good to change the country but not the nature. The true portrayal of ordinary people is that the nature remains unchanged. Those who can make it with small funds are the real dragons and phoenixes among people. The starting point is not something that ordinary people can achieve. Even if you make a lot of money, it is just good luck. Trading is not afraid of not having capital, but afraid of not being able to make money. Without going through many wind and rain, how can you temper your tenacious perseverance? Only those who come out of despair can go further. #Telegram创始人被捕 #新币挖矿DOGS #美联储何时降息?
Important events this week: Tuesday, August 27: 2024 FOMC voting member and San Francisco Fed President Daly delivered a speech; Wednesday, August 28: Fed Governor Waller delivered a speech; Thursday, August 29: U.S. initial jobless claims for the week; 2024 FOMC voting member and Atlanta Fed President Bostic delivered a speech on the economic outlook; Friday, August 30: U.S. July core PCE price index annual rate; U.S. August University of Michigan Consumer Confidence Index final value; 2024 FOMC voting member and Atlanta Fed President Bostic delivered a speech on monetary policy and economic outlook; #Telegram创始人被捕 #美联储何时降息? #MtGox钱包动态
Data shows that next week, SUI, OP, ZETA, DYDX and other tokens are expected to unlock large amounts, including: Sui (SUI) will unlock about 64.19 million tokens at 8:00 am Beijing time on September 1, which is 2.47% of the current circulation and worth about 65 million US dollars Optimism (OP) will unlock about 31.34 million tokens at 8:00 am Beijing time on August 31, which is 2.64% of the current circulation and worth about 50.5 million US dollars ZetaChain (ZETA) will unlock about 53.89 million tokens at 8:00 am Beijing time on September 1, which is 15.71% of the current circulation and worth about 33 million US dollars dydx (DYDX) will unlock about 8.33 million tokens at 8:00 am Beijing time on September 1, which is 3.67% of the current circulation and worth about 9.8 million US dollars Yield Guild Games (YGG) will unlock about 14.08 million tokens at 10:00 pm Beijing time on August 27, which is 3.70% of the current circulation and worth about 6.8 million US dollars. Echelon Prime (PRIME) will unlock about 750,000 tokens at 8:00 am Beijing time on August 31, which is 1.68% of the current circulation and worth about 5.4 million US dollars. Ethena (ENA) will unlock about 14.89 million tokens at 3:00 pm Beijing time on September 1, which is 0.82% of the current circulation and worth about 5.4 million US dollars. SingularityNET (AGIX) will unlock about 8.32 million tokens at 8:00 am Beijing time on August 28, which is 1.58% of the current circulation and worth about 4.3 million US dollars. #杰克逊霍尔年会 #新币挖矿DOGS #Telegram创始人被捕
In an interview before Powell's speech, Fed economist Claudia Sahm pointed out that there are strong arguments for a 50 basis point rate cut. Doing so will help the Fed "recalibrate" and help stabilize the unemployment rate, which has become too low. Sahm said, "The Fed's mission is to achieve full employment. It's not "no recession" that they should seek as little labor market weakening as possible to reduce inflation to the target level. I think the balance has now shifted." Sahm added that a larger rate cut would also allow those who believe that policy should have started to cut rates in July to see that the Fed is back on track. #杰克逊霍尔年会 #新币挖矿DOGS
Powell just spoke. Let's take a look at his speech first. Federal Reserve Chairman Powell: The time has come for policy adjustments. We do not seek or welcome further cooling of the labor market. I am more confident that inflation will return to 2%. The upside risks to inflation have weakened, while the downside risks to employment have increased. Powell's attitude this time is far less ambiguous than at the press conference after the last meeting. And he sent the strongest signal of interest rate cuts so far, saying that the Fed intends to take action to avoid further weakness in the U.S. labor market. Powell's speech increased the market's probability of a 50 basis point rate cut in September, among which interest rate futures traders expect the Fed to have a probability of a 50 basis point rate cut in September of about 33%, which is higher than before Powell's speech. "Federal Reserve mouthpiece" Nick Timiraos posted on social media that today's speech shows that Powell's policy shift has been completed. Powell showed a comprehensive dovish attitude in his speech. Two years ago, he also said at the same time that the Fed would accept a recession as the price of restoring inflation. Bao's speech is conducive to the interest rate cut in September. Bitcoin $BTC is also spiking upwards. After breaking through 62,000, it began to spiking downwards.
Bao will speak at 10 o'clock tonight. Yesterday's data came out, and the market did not fluctuate much. I feel there will be a big wave today. ##杰克逊霍尔年会 #新币挖矿DOGS
The number of initial jobless claims in the United States for the week ending August 17 was 232,000, which was expected to be 230,000. The previous value was revised from 227,000 to 228,000. The data is good for the cryptocurrency market, and the market started to plunge downward after the data was released #新币挖矿DOGS #MtGox钱包动态 #杰克逊霍尔年会
【The total number of non-farm payrolls in the United States in March was revised down by 818,000
The U.S. Bureau of Labor Statistics released the first quarter employment and wage census report of 2024. The total number of employed people in the 370 largest counties in the United States in March 2024 was 153,585.6 million, a year-on-year increase of 1.3%.
The total number of non-farm payrolls in the United States in March was revised down by 818,000 U.S. Bureau of Labor Statistics: The preliminary estimate of the annual benchmark revision shows that the total number of non-farm payrolls in the United States in March 2024 was revised down by 818,000, a downward revision of 0.5%. It is worth noting that the annual benchmark revision value data was originally scheduled to be released at 10 pm Beijing time, and was once delayed by more than 30 minutes. It is rare for a small episode to occur in the release schedule, and it is not clear what happened.
According to government data released on Wednesday, the full-year job growth in the United States as of March may be far less strong than previously reported. According to the preliminary baseline revision data from the Bureau of Labor Statistics, non-farm payrolls may fall by 818,000 in the 12 months ending in March, or about 68,000 per month. Some institutions have previously predicted a decrease of up to 1 million. The final revised data will be released early next year. Some economists said that the initial employment data may be exaggerated by a variety of factors, including adjustments for business creation and closure, and how unauthorized immigrant workers are counted. #MtGox钱包动态
Time is a scarce resource that cannot be renewed, and it is also an amplifier of the inflation of high-quality asset prices. Credit is invisible wealth, and it is the cornerstone of providing leverage and cash flow at zero cost. The Crypto market will gradually become like the US stock market. In the future, most tokens will not have any trading volume throughout the day, and even zero trading throughout the day will be the norm. The projects in recent years have exhausted their credit. The institutions that have withdrawn may still buy BTC and ETH ETFs from brokerages, and the others are hard to describe. If they do not distribute dividends or cannot create cash flow and value, they will eventually be eliminated by the market. What is more important now is the credit issue. Everything promised in the white papers and roadmaps of thousands of projects has not been implemented or delivered. It's a joke. #MtGox钱包动态 #新币挖矿DOGS
What is a true trading master? In fact, it is not how good his trading method is, nor how clever and wonderful he is in the process of making profits, but that he can remain calm and calm when he is in various fierce favorable or unfavorable periods. The reason for this is: First, his trading cognition is very comprehensive, and he has realized the way to profitable trading. Second, he has a firm belief in his own trading system, so he has no waves no matter how many orders he stops in a row during the unfavorable period. Third, he has experienced various better and worse situations, has seen big storms, and is accustomed to some small waves. He has had sudden and sharp wins without being ecstatic; he has also had the worst consecutive failures without panic; he has seen the weirdness and weirdness of the market, and has experienced the complexity and variability of human nature. When facing various situations, he can be calm and calm. He accepts everything that happens, accepts all profits or retracements. The market is changing, the rules are changing, and the market is changing, but he remains unchanged in the face of all changes. Whoever can stay calm in the continuous stop loss, stay calm in the big win, and stay awake in the grinding, is the real trading master. In the end, trading is a contest of state of mind. I like a saying: Don't be surprised by praise or criticism, watch the flowers bloom and fall in front of the courtyard, don't care about staying or leaving, just follow the clouds in the sky. #杰克逊霍尔年会 #新币挖矿TON #美国CPI数据连续第4个月回落
US stocks continue to recover: CTA re-leverage, gamma reconstruction, companies are repurchasing at twice the speed of last year No hard landing! Although NFP is bad, there are hurricanes and seasonal adjustments in the middle. I don’t think Sahm rule is effective. The unemployment rate is caused by supply (immigration), not demand reduction The Fed is the focus. If the policy is really radical enough to offset the long-end issuance #杰克逊霍尔年会 #新币挖矿TON #美国CPI数据连续第4个月回落
If the data is good, it will rise first and then fall. If the data is bad, it will still fall. This market is really tormenting. #美国CPI数据连续第4个月回落 #新币挖矿TON #美国7月PPI低于预期
The current market is tormenting. Next we have to see tonight's PPI data and tomorrow's CPI data It was another day of volatility during the day, and next we have to see the pin performance tonight #美国PPI数据即将公布 #美国CPI数据即将公布
Major institutions have lowered their expectations for interest rate cuts in September again. What will happen if there is no interest rate cut? $BTC #TON #加密市场反弹