The liquidation amount for 24-hour contracts is $1.71 billion.
Yesterday, BTC fell by 3%, ETH fell by 10%, resulting in the total market Get Liquidated amount exceeding the 519 of the black swan event in 2021.
Many newcomers find it quite scary, "How can it drop so much?" But if you compare it, you'll know this is nothing.
On May 19, 2021, BTC dropped directly by 30% and ETH by 40%.
Looking further ahead, a halving is the norm. Those old players who survived to this day really don't feel much about the current volatility; the drop in the daily K-line is equivalent to the intensity of t

Many people have developed a mindset due to the Bear Market; whenever they see a fall, they feel it's a bottomless pit. They can't hold on as soon as there is a pullback.
The bull market is actually a healthy process of pullback and rise.
By the time we reacted, it was already too late.
Just like I kept saying in June, it looks like garbage now, the same principle applies to the bull market where there is gold everywhere.
Of course, choosing the right coin is also very important. Strong altcoins have returned to the high point before the waterfall, but weak ones have not returned.
This

Explain the logic of Bitcoin, which can be referenced by everyone.
No. 1: Bitcoin is controlled by Wall Street! This is also why the United States is so actively promoting the compliance of Bitcoin, as driving up the price of Bitcoin aligns with the national interests of the United States.
The United States has always been a master of financial harvesting, and Bitcoin, as a financial product that cannot be subjected to foreign exchange controls, is truly the most excellent harvesting tool. With such a handy harvesting instrument in the world, Wall Street will definitely not let it go.

The median of the Fed this year falls within the range of 3.5%—3.75%, while the current interest rate is still at 4%—4.25%. This indicates that there is a high probability of two more rate cuts this year. Based on convention, the likelihood of a 25 basis point cut in both October and December is very high.
The decline in interest rates essentially means a decrease in the cost of funds, leading to a more relaxed market liquidity. The last bull market was driven by such an environment, so as long as the rhythm remains stable, the logic of the bull market still holds.

Although I know that not every coin will rise in the upcoming market, sometimes when I open some altcoins and see a straight line on the weekly chart, there is always a feeling of gold everywhere, and I inexplicably feel my hands itching. I still need to learn to control my hands, otherwise, I will start losing money again 😂

Is there still hope for $OP and $ARB???
The token prices of these two projects may be relatively sluggish, but I think the development momentum of these two projects is quite good among the many second-layer expansions on Ethereum.
ARB goes without saying, its TVL has long dominated the rankings on Ethereum's Layer 2 expansion. In addition, some emerging projects are building their own ecosystems based on its technological architecture.
It is also worth noting that the project team is still funding various potential projects in the ecosystem on a large scale.
All of these are valuable init

$BONK This trend is quite interesting. In July, it directly pumped 4 times, and in August, it went back to test the key support. The overall structure seems to be gathering strength for the next round. Looking at the trend now, both the highs and lows are stepping up, which is a typical long positions trend.
Considering the overall atmosphere of the market towards altcoins, there is actually no reason why it can't go higher in the coming weeks. The key support level is still at 0.00003, which is a watershed moment. If it can successfully rise above this point, it will enter the price disco

I know a senior figure in the crypto world from Fujian who got on board with 100,000 yuan, and now his assets have exceeded nine figures.
His words made me sober: "Most people in the market are slaves to their emotions; stay calm, the crypto world is an ATM."
His profit method is not complicated but efficient, especially suitable for doubling small amounts of capital. I have organized it into the "Five-Step Batch Method"; turning 10,000 into 100,000 is not difficult:
Ordinary people can profit from trading coins without "insider" information or "predictions"; relying on discipline alone can gu

Let's take a look at the latest progress of the $LTC Litecoin ETF.
CanaryFunds has updated its Litecoin ETF prospectus document. Notably, the U.S. SEC is expected to make a final ruling (approval or denial) in the first week of October. I believe the chances of approval are high.
In the past few years, Litecoin's performance in the market has indeed been lackluster, and it could even be said to be somewhat grueling. But now, it has encountered an opportunity that may change its fate - the ETF application.
Compared to other altcoins, Litecoin has a sufficiently high degree of decentrali

Buy altcoins, I have always had one principle.
Leading mindset.
Don't use the补涨 theory. The leading coins can continue to be bullish, and they become even more bullish, with a clear siphoning effect. It's only in the later stages that the补涨 garbage coins appear.
What is the gap between the first and second place???
The difference between Alipay and Lakala is something that those outside the payment industry cannot understand. Mobile phones are divided into Apple and others, Hong Kong stocks are divided into Tencent and others, liquor is divided into Moutai and others, cars are divided

A widely accepted view currently is that after institutions enter the market, the size of the market will grow larger, and opportunities will increase.
My opinion: It's true that the pie is getting bigger, but the opportunities are just nonsense. In the bull markets of 2017 and 2021, there were very few institutions participating in the crypto space. The wealth effect in the crypto space back then cannot be compared to now. In 2017, there were many hundredfold coins, in 2021, there were many tenfold coins, and now? Everyone knows what the market looks like.
Many people fantasize that insti

Share a few viewpoints
1. The Federal Reserve is highly likely to start cutting interest rates in September. Lowering interest rates is like increasing liquidity; there will be a lot more dollars in the market, but most of it will be in the hands of wealthy individuals or institutions like Tether.
2. The price of gold may be above $3800.
3. The U.S. stock market may rise, or it may not rise much, but the trend of rise and fall will be polarized, either a significant increase or a significant decrease.
4. Commodity prices may skyrocket, especially crude oil, which may exceed 80 dollars.
5. The

In the crypto world for seven years, I've learned to keep my mouth shut.
In 2023, an older sister listened to my advice and bought Ethereum. After it rose by 50%, she kept asking every day: "Should I sell?"
I advised her to HODL, and she asked me every day, so I understood: she just wanted me to nod. I said, "Sell it." She placed a sell order in seconds, and later ETH doubled again. She asked me about coins, and I brought up the meal she owed me for two years; she fell silent from then on.
Entered the crypto world in 2018, seven years have passed, the higher the level, the fewer the friend

A very profound statement: "The poor say that having money is happiness; the blind say that being able to see is happiness; the beggar says that having food to eat is happiness; the sick say that being alive is happiness; the single say that having a partner is happiness."
People who work late into the night say that being able to wake up naturally is happiness; those who have been drifting for years say that being able to steadily stay at home is happiness; people burdened by trivial matters say that having a moment of peace is happiness.
Students say that not having to take extra classes aft

Comment on ATOM$ATOM
ATOM is a representative project in cross-chain technology, and its goal is simple: to enable different chains to communicate with each other, no longer functioning as isolated islands. With the IBC protocol, Cosmos has essentially built a highway for the blockchain world.
It has quite a few highlights. For example, major projects like DYDX and Osmosis are built on the Cosmos ecosystem, which shows that it truly has an ecological foundation; additionally, its technology is relatively flexible, unlike DOT which has a high barrier to entry, making it easier for developers to

Good morning everyone
Discuss the basic rules of bull market trends.
When everyone realizes that the bull market has arrived
Basically, it's about to end.
Let's take a look back at the bull market in the cryptocurrency space in 2021.
Started in March 312, 2020, despair.
But most people are aware of the bull market.
Basically, it's already 2021.
Many coins in the middle have already experienced price movements exceeding 10 times.
So, is it currently a bull market?
In fact, the capital market is not short of money.
Look at how much the US stocks have risen.
In terms of funding, the c

🚀 DOGE ETF is launching with a bang! Become a part of history, share your insights to win great prizes! 🌕
🌟 1. What is the impact of the DOJE listing on DOGE's short-term price?
The listing of the DOGE ETF (code DOJE) is undoubtedly a milestone event in the cryptocurrency market. As the first Dogecoin ETF in the United States, it not only provides traditional investors with a convenient investment channel but also serves as a recognition of the MEME coin category.
· Short-term impact:
· Positive momentum: A wave of buying pressure is expected around the listing, driving up the DOGE pr

Those who say that contracts are a dead end are overly radical in their thinking.
That's human nature; when we lose money on something, we say it's bad. This is no different from those who lose money in stocks saying that stocks are harmful and just a form of gambling. What's the difference?
Those who haven't bought Dogecoin say it's a worthless coin because they haven't made money. Those who bought Dogecoin shout everywhere that it can reach 1 dollar.
Most people's viewpoints are determined by their positions.
If you can't afford to play with contracts and get

In late August, when the market was pulling back, I kept emphasizing that the next hotspot would be RWA. During this period, the continuous rebound in the market has been quite good for the AI and RWA sectors, both performing very well. I have mentioned that this is a structural alt season, and choosing the right sector already makes a big difference. The general direction of the altcoin market is still relatively accurate, so a thumbs up for me wouldn't be too much, right? 👍👍👍

on-chain data monitoring
Today, BlackRock sold nearly $200 million worth of $ETH.
What do you think is the reason BlackRock has been selling ETH during this period?
Wasn't it agreed that we would all get 10,000 together? Why did BlackRock sneak away early???