#美联储政策动向 Looking back, the Fed's policies have always influenced market nerves. On the eve of the release of the Beige Book, market sentiment is once again tense. Historically, the Beige Book often hints at policy directions. I still remember during the 2008 financial crisis, the Beige Book indicated a significant rate cut. Now, with economic data mixed, how will Powell weigh it? The liquidity has plummeted before Thanksgiving, adding more variables. However, there are opportunities in crises; after that crisis, Bitcoin emerged, ushering in the era of Crypto Assets. The current market is

#比特币价格分析 Looking back at the history of Bitcoin, I have witnessed too much fluctuation. The recent fall is indeed significant based on the data. A 25% monthly decline reminds me of the Bear Market in 2018. However, the market structure now is vastly different.
The emergence of ETFs has brought new variables. The inflow and outflow of institutional funds have a more direct impact on prices than ever before. Another noteworthy aspect is the role of the options market. After the critical price level of $85,000 was broken, the hedging actions of options traders exacerbated the fall. This reminds

#加密货币市场分析 Reviewing the history of the crypto market, such sudden falls are not uncommon. At the end of 2017, Bitcoin dropped from a high of nearly $20,000 to around $3,000, and in 2021, it also experienced a rollercoaster from $65,000 to $15,000. Although it has now fallen from nearly $90,000 to $86,000, the decline is relatively small, but market sentiment has clearly turned cautious.
The fall of the US stock market, the outflow of ETF funds, and changes in interest rate hike expectations are all putting pressure on the crypto market. The sell-off during the US stock market opening hours is

#美联储货币政策 Looking back on the past, I can't help but feel a surge of emotions. The changes in the Fed's monetary policy resemble a dramatic play full of ups and downs. From quantitative easing after the 2008 financial crisis, to the gradual rate hikes starting in 2015, then the resumption of rate cuts in 2019, and again significant easing after the outbreak of the pandemic in 2020, and a radical rate hike in 2022 due to inflation. Now, there are signs of rate cuts again.
In recent days, several Fed officials have released dovish signals. Collins expects further interest rate cuts, Will

#机构投资者加密资产配置 Looking back at these years in the crypto market, it has truly been a rollercoaster ride. Seeing this news about Strategy possibly facing capital withdrawals reminds me of when institutional investors first began to venture into crypto assets. At that time, everyone was filled with curiosity and anticipation for this emerging market, and Strategy, as a publicly listed company indirectly holding Bitcoin, became the bridge for many traditional investors to enter the crypto market.
Today, as MSCI considers removing companies primarily holding encryption assets from its stock indices

#加密市场下跌 Looking back at history, this upcoming market storm reminds me of the 2008 financial crisis. At that time, the US Non-farm Payrolls (NFP) report also triggered severe fluctuations in the market. Now, Vice President Vance's prophecy makes me vigilant. The crypto market is already in a falling trend, and if the non-farm data is poor, it is likely to exacerbate this trend.
But crises often breed opportunities. After the 2008 crisis, Bitcoin emerged. Now, we may be standing at the threshold of a new round of innovation. For those who have experienced multiple cycles, it is crucial to

#美股市场表现 Looking back on the past, the ups and downs of the US stock market always leave me with mixed feelings. Seeing the three major stock indexes rise today, I can't help but think of the tech bubble back then. At that time, everyone was chasing the price, but in the end, the bubble burst, and many people suffered heavy losses.
Seeing tech giants like Nvidia and Google performing brilliantly now, it must be said that they indeed have the strength to support it. But the 10% drop in Strategy has also sounded the alarm for us - the market is always two-way, and what rises quickly may also

#代币空投活动 Looking back, the topic of Token Airdrop truly evokes a lot of emotions. Since 2017, I have witnessed countless projects rise and fall. The recently launched Decentralization L2 Ignition Chain by Aztec reminds me of the rise of Ethereum back in the day. At that time, Token Airdrop was still a novelty, and everyone was exploring.
It seems that successful airdrops often bring huge traffic and loyal users to projects. However, there are also many failed cases, some due to unfair distribution and others due to unreasonable token design. Aztec has this time granted whitelist eligibility to

#加密货币市场调整 Reviewing the crypto assets market over the years, periodic adjustments have long been commonplace. Currently, Bitcoin has fallen below a key level, once again verifying the fragility of the market. Having experienced multiple cycles of bulls and bears, I know well that moments like this require calm observation.
According to the analysis from glassnode, the STH cost basis has been breached, and buyers are under pressure recently, with the $95K-$97K range becoming a new key resistance. This reminds me of the crash at the end of 2018, when a similar technical breakout triggered a cha

#美联储货币政策 I have seen this situation a long time ago, it is somewhat similar to the stock market bubble in the early 1990s in the United States. Now, Fed officials are speaking out, worrying that asset prices may crash, which reminds me of Greenspan's warning about "irrational exuberance" back then. History is always remarkably similar.
Take a look at the current situation: the stock market is booming, credit is loose, and there is an AI frenzy... it is almost identical to the internet bubble of the past. The risk points mentioned by Cook - private credit, hedge fund operations, and AI tra

#比特币ETF Looking back at the journey of the Bitcoin ETF, I can't help but feel a surge of emotions. From the Winklevoss brothers' first application in 2013 to now, ten years later, the market has finally welcomed a breakthrough. Seeing BlackRock paving the way for the Ether staking ETF now reminds me of the many twists and turns from back then.
The development in this field is always full of ups and downs. I remember when the SEC repeatedly rejected Bitcoin ETF applications in 2018, the market was once disappointed. However, looking back, that period laid the foundation for subsequent

#比特币价格走势 Looking back at the past, I have witnessed the ups and downs of the Bitcoin market. Now, seeing the analysis report from glassnode, I can't help but feel that history is repeating itself once again. Bitcoin has fallen below the STH cost base and the -1 STD range, with the 95K-97K dollar area becoming a key resistance level. This situation has been common in past cycles, each time indicating a turning point in the market structure.
Weak spot demand, outflows from US ETFs, and TradFi asset allocators standing still—all these signs suggest that market sentiment is becoming cautious.

#DeFi生态系统发展 Looking back at the development of the DeFi ecosystem, one can't help but feel emotional. From the initial simple lending to today's diversified ecosystem, every step embodies the wisdom and effort of countless developers and users. This time, Alpha Arena has introduced an AI model to participate in real trading, injecting new vitality into DeFi. Although AI has been applied in the financial sector, bringing it into a decentralized trading platform is still an exciting innovation.
This reminds me of the situation when I first encountered smart contracts in early 2017. At t

#美股市场动态 Looking back at the history of the U.S. stock market over the past 30 years, the recent pump in AI-related stocks indeed reminds me of the internet bubble at the end of the 1990s. However, after carefully considering the views of Fed Vice Chairman Jefferson, I find that he makes a valid point. Most AI companies today have actual earnings support, unlike those internet companies back then that had only concepts without performance.
In the late 1990s, I personally experienced that bubble, watching many friends bet all their savings on internet stocks, only to lose everything. In contras

#比特币投资策略 Looking back at the past, this scene of Coin Hoarding always makes me feel deeply emotional. Cardone Capital increased its holdings by 185 Bitcoins, which reminds me of the bull run in 2017. At that time, many institutions also bought in heavily at high prices, only to end up at the peak. However, the current situation seems to be different; the approval of the ETF has injected new momentum into the market. But the price of $82,500 still raises concerns about repeating past mistakes. After all, Bitcoin's cyclicality is too strong, and the risk of buying at high levels is not smal

#美联储货币政策分析 Looking back at history, I have witnessed countless cycles of bull and bear markets. This time, with the U.S. stock market falling and the NASDAQ dropping over 2%, Bitcoin also hit a low of $86,100, which reminds me of past market turmoil. The massive outflow of Spot Bitcoin and Ethereum ETFs, combined with the weakness of the U.S. stock market, has jointly driven the downtrend in the crypto assets market.
Interestingly, Bitcoin fell during the U.S. stock market opening hours and rebounded during the Asian trading session, highlighting the selling pressure from the United States. I

#美股市场表现 Looking back at the tech stock bubble of the late 1990s, the Nasdaq index also soared at that time. Seeing the Nasdaq rise over 2% today inevitably evokes echoes of history. However, the current market landscape is different from the past. Google has surpassed Microsoft to enter the top three in the US stock market, demonstrating the sustained influence of internet giants. The overall pump in the semiconductor and encryption mining zone reflects the rise of emerging technologies. Does this round of rise signify the start of a new prosperity cycle? Or is it merely a short-term fluctuat

#加密货币预测市场发展 Looking back at the past, the development of cross-chain bridges has been tumultuous. From the earliest Bitcoin sidechains to today's various cross-chain solutions, this field has experienced many ups and downs. MegaETH's launch of the pre-deposit cross-chain bridge, with a limit of up to 250 million USD, reminds me of the wave of excitement in 2017. At that time, everyone was full of expectations for cross-chain, but the technology and security were still immature, resulting in many mishaps. Now it seems that the industry is indeed making steady progress. However, high li

#加密货币市场分析 has experienced multiple rounds of bull and bear markets, so it's not surprising to see this situation. The market was generally optimistic in the third quarter, and everyone was looking forward to the future. However, entering the fourth quarter, the uncertainty in the macro environment and the encryption circle erupted simultaneously, overturning previous expectations. Such dramatic turnarounds are not uncommon in history. The big dump after the bull run from the end of 2017 to the beginning of 2018 and the crash in May 2021 are similar cases.
The market always swings back and

#美联储政策与经济指标 Looking back on the past, I can't help but feel a lot of emotions. In the late 1990s, I witnessed the Fed's policy mistakes during the tech bubble. Now, history seems to be repeating itself. Recently, several Fed officials have spoken out, warning of the risk of asset price collapse. The remarks by Cook, Hamak, and others remind me of Greenspan's "irrational exuberance" rhetoric back in the day.
However, the current situation is more complex. Inflation remains high, the private credit market is expanding rapidly, hedge funds are heavily operating in the Treasury market