Recently, global stock market fluctuations have been as tumultuous as raging waves, leaving people breathless!
The sharp decline in the US stock market has almost wiped out all gains during President Trump's term. Just as the Asian stock markets opened on Tuesday, US stock index futures faced another severe drop.
We have a unique "market sentiment barometer" (i.e., the Fear and Greed Index), and after Monday's crash, the four major global markets fell into a state of "extreme fear."
This sudden collapse is largely due to Trump's statement that "the economy needs a transition," leading the market to mistakenly believe that an economic crisis is imminent. In the past, when faced with a significant drop in the stock market, the Federal Reserve would always step in to calm the market, but this time it chose silence. The stock market transformed from a slight decline into a sharp drop, yet the Federal Reserve remained silent, placing all the pressure on Trump.
The current situation is rather dramatic, with the market, the Federal Reserve, and Trump each acting independently: The market wails: The stock market is plummeting, and the US economy is likely to collapse! The Federal Reserve remains calm: The economic situation is good, and we do not need to lower interest rates to save the market for now. Trump speaks ambiguously: The economic transition is indeed somewhat painful, but I will not clearly state whether a recession will occur.
In short, the market is in extreme panic, the Federal Reserve pretends to be calm, while Trump slightly reveals some truths, after all, everything is happening during his term. The key point is! If there are two more drops similar to Monday's before March 20, the Federal Reserve may have to urgently cut interest rates in March. Historical experience shows that only when the Federal Reserve also begins to panic and takes measures to save the market will the market hit bottom and rebound, and it is clearly not at that point yet.
Last week, Federal Reserve Chairman Powell was still ambiguous, stating that the number of interest rate cuts this year could vary—potentially increasing or decreasing. However, after Monday's crash, the market is more convinced that interest rate cuts are imminent, and it is now widely expected that there will be three rate cuts this year (a total cut of 0.78%), one more than last Friday's expectations. Currently, the Federal Reserve and the market are engaged in a psychological game of "who will concede first."
If you have ever been scammed during P2P trading on Binance, you surely know the helplessness and despair. Five months ago, I thought my USDT was definitely lost, but unexpectedly, with the professional help of Binance customer service, the money miraculously returned to my account! Now I want to share my true experience and insights on safe trading with everyone. 1. Refund Scam: My Experience In November 2022, I made a transaction with a buyer on the Binance P2P platform. The buyer placed an order to buy 100,000 USDT, and the transfer was quickly received. After checking the bank's receipt screenshot, I followed the process and sent the cryptocurrency to the buyer. However, just three hours later, the buyer suddenly told me that there was a 'transfer operation error' and wanted me to refund the USDT. I immediately felt something was wrong and quickly checked my bank account, discovering that the transfer had already been canceled.
Black Friday: The life-and-death speed of bulls and bears directed by non-farm and Powell
The fate of the global capital market tonight is like a puppet tightly bound by the string of destiny, and the two powerful forces capable of turning the situation around are the upcoming US non-farm employment report to be announced at 21:30 Beijing time and the monetary policy signals to be released by Powell at 03:00. These two key events intertwine, inevitably triggering a storm, and the fate of the market will be set accordingly, possibly giving rise to the following four frightening scenarios: Scenario 1: Non-farm 'explosion' and policy 'emergency rescue', market takes a thrilling roller coaster (Probability 25%)
Attention all friends in the cryptocurrency community, a major market event that could create significant waves is quietly approaching! On March 7th at 9:30 PM, non-farm payroll data will be released. This key data point is always an important milestone in the financial market and often leads to a reshuffling of forces between bulls and bears. Following that, at 1:30 AM, Federal Reserve Chairman Powell will deliver an important speech. As one of the 'captains' of the financial world, every word he says may contain clues about the future direction of monetary policy, and his influence on market expectations regarding monetary policy should not be underestimated. Then at 2:30 AM, a highly anticipated summit in the cryptocurrency field will also kick off, hosted by well-known figures. It is believed that the various information released during this summit will also create ripples in the cryptocurrency market. With these major events occurring simultaneously, it is expected that tonight the financial market will experience intense turbulence like a storm. Therefore, all friends holding positions should take defensive measures to protect their assets, closely monitor market trends, and be prepared for various possible situations.
Trump's Coin Hoarding Order: Real Bad News or False Proposition?
Stop using the old excuse of 'good news turning into bad news' to fool people. This time, the Bitcoin correction has nothing to do with Trump’s so-called hoarding order. As someone who has been in the crypto space for many years, I will now reveal the three truths behind this. Truth One: The dealers set up a scheme, 'official announcements' cut the retail investors. Trump plans to use confiscated Bitcoins to establish a strategic reserve. At first glance, this news seems positive for Bitcoin. But in reality, it is just handing Wall Street a 'shiny knife'.
The global 'liquidity release' mode seems to have quietly opened the curtain on the bull market, and a brand new bull market is slowly setting sail.
However, some may wonder: why does this round of the bull market not exhibit the astonishing surge seen in the previous round? In fact, the key lies in the differing pace of liquidity release in this round compared to previous ones. Looking back at 2020, to effectively respond to the significant impact of the pandemic, the Federal Reserve drastically cut interest rates by 150 basis points within a month. Meanwhile, many countries around the world followed suit rapidly. Such a swift and forceful liquidity operation instantly ignited the passionate fire in the Bitcoin market. In just six months, Bitcoin's price soared dramatically, reaching a historical high of $65,000, with an astonishing increase of 20 times.
The crypto summit held by the White House is scheduled to be held from 2:30 to 6:30 a.m. on March 8, Beijing time. You must set aside time to pay attention to it, even if you have to stay up late. After all, any dynamics at the summit are likely to have an impact on the overall market trend. But to be honest, the current downward trend is really annoying. The ups and downs of the market are not accurate, and it is too difficult to make money from it. In the market, bulls and bears each have their own opinions and a set of seemingly reasonable ideas. Bulls see opportunities to enter the market, while bears always think about avoiding risks and leaving the market in time. Here, I would like to give some ideas to those industry leaders. You are busy attending various meetings all day long, and you are busy for an admission ticket, but can you spare some energy to take good care of the market value? After all, it is not easy for ordinary retail investors to make money. As people with a voice in the industry, don’t you have to do something and take some responsibility?
Planet Early News 2025-03-06 1. After the release of the U.S. 'Little Non-Farm' data, the probability of the Federal Reserve maintaining interest rates in March is 93%; 2. Friday's U.S. non-farm report will be an important piece of information to validate bets on the Federal Reserve resuming rate cuts in May; 3. Arkham: BlackRock has stopped selling BTC, with zero outflow today; 4. Sources: Funding for U.S. sovereign wealth funds will come from tariffs; 5. Federal Reserve Beige Book: The economy has seen slight growth, and overall expectations for economic activity in the coming months are somewhat optimistic; 6. Coinbase is restarting its plan to tokenize its COIN stock and other securities; 7. Bitwise has submitted an S-1 registration statement for its Aptos ETF; 8. U.S. authorities have released some seized mining machines, but industry insiders say a large number of devices remain detained; 9. Canary has submitted an S-1 application document for its AXL ETF; 10. The Trump family's WLFI project purchased $25 million in WBTC, ETH, and MOVE tokens; 11. MT GOX has begun transferring $1 billion worth of Bitcoin; 12. The White House confirms that Cardano co-founder Charles Hoskinson was not invited to the crypto summit.
A certain whale withdrew 21,259 SOL from Kraken for staking, with a total stake of about 43.33 million USD on 2025-03-06 Odaily Planet Daily reported that according to OnchainLens monitoring, a certain whale withdrew 21,259 SOL (worth about 3.07 million USD) from the Kraken exchange and used it for staking. According to the data, this wallet address currently holds a total of 297,729.51 SOL (about 43.33 million USD) in a staked state, showing confidence in the long-term development of the Solana network.
Greeks.live: Most traders see $82,000 as the recent bottom for Bitcoin 2025-03-05 Odaily Planet Daily reports that Adam, a macro researcher at Greeks.live, released an English community briefing, disclosing a generally bearish sentiment. Traders expect the market to decline further and are frustrated by extreme fluctuations and volatility. Most traders are focusing on the $87,000-$89,000 range as key resistance, viewing $82,000 as the recent bottom, but there is a significant divide on whether a sustainable bottom has been found.
After the release of the U.S. 'Little Non-Farm' data, the probability of the Federal Reserve maintaining interest rates in March is 93% 2025-03-05 Odaily Planet Daily reported that after the release of the U.S. 'Little Non-Farm' ADP employment figures, according to CME's 'Fed Watch', the probability of the Federal Reserve maintaining interest rates in March is 93% (up from 89% yesterday), while the probability of a 25 basis point rate cut is 7%. There are approximately 14 days until the next FOMC meeting.
After the release of the U.S. 'Little Non-Farm' data, the probability of the Federal Reserve maintaining interest rates in March is 93% 2025-03-05 Odaily Planet Daily reported that after the release of the U.S. 'Little Non-Farm' ADP employment figures, according to CME's 'Fed Watch', the probability of the Federal Reserve maintaining interest rates in March is 93% (up from 89% yesterday), while the probability of a 25 basis point rate cut is 7%. There are approximately 14 days until the next FOMC meeting.
U.S. Secretary of Commerce Raimondo: If budget balance is achieved, interest rates will be significantly reduced 2025-03-05 Odaily Planet Daily reports that U.S. Secretary of Commerce Raimondo stated that if the United States achieves budget balance, interest rates will be significantly reduced.
U.S. February ADP employment increased by 77,000, expected 140,000, previous value 183,000 2025-03-05 Odaily Planet Daily reported that the U.S. February ADP employment increased by 77,000, expected 140,000, previous value 183,000. U.S. February ADP employment increased by 77,000, marking the smallest increase since July 2024. (Golden Ten)
US SEC Commissioner Hester Peirce: A partial crypto regulatory framework may be established this year, and the investigation of securities violations will continue. 2025-03-05 Odaily Planet Daily reports that Hester Peirce, a commissioner of the U.S. Securities and Exchange Commission (SEC), stated in an interview with Fortune magazine that although she does not support previous enforcement actions, this does not indicate that the SEC will terminate enforcement when appropriate. Appointees in the crypto industry should not consider themselves to have a 'free pass,' otherwise it will label fraud as 'cryptocurrency.' She also stated that the SEC will continue to investigate securities violations in general. Hester Peirce also mentioned that the SEC will advance the establishment of its own regulatory framework but refused to provide a timeline. However, she stated that the planned 'partial' will be completed this year, such as the design of a classification system for crypto securities. (Fortune)
A certain whale deposited 2.6 million USDC into Hyperliquid to purchase HYPE on 2025-03-05 Odaily Planet Daily News: According to Lookonchain monitoring, a certain whale deposited 2.6 million USDC into Hyperliquid to purchase HYPE. This whale currently holds 343,264 HYPE, approximately 6 million dollars.
JPMorgan: If XRP ETF is approved, it may attract $8 billion in capital inflow in the first year 2025-03-05 Odaily Planet Daily reports that Trump announced last week plans to include tokens including XRP in the U.S. cryptocurrency strategic reserve. Investors are betting on the chances of XRP ETF approval, with the related prediction probability reaching 78% on Polymarket. JPMorgan analysts predict that if XRP ETF is approved, it may attract $8 billion in capital inflow in the first year. (DLNews)