上善若水213

$BTC
The recent trend is like a roller coaster, the overall trend is still upward, the bull market has not ended.

#加密市场反弹 Recently, various departments have started issuing documents to suppress Bitcoin again. Will it experience a waterfall drop like the previous black swan events? After the drop, will there be a sustained rebound? How many people still remember the '94 incident? How many people faced liquidation? How many profited greatly? Looking forward to what follows.

#美国非农数据超预期 Recently, there has been a significant drop in the cryptocurrency market, and many people are in a panic about whether the bull market has ended. Each round from a bull market to a bear market will typically experience a decline of over 30%. Fluctuations are a common phenomenon of cycles. In times of big drops, it's important to hold onto physical assets. With physical assets in hand, there's no need to worry. Engage less in contracts and store more physical assets. Holding onto physical assets will yield satisfactory results over a cycle. $BTC

#美国结束政府停摆
Although the shutdown has ended, the core contradictions between the two parties remain unresolved. After the funding expires on January 30, 2026, there may be a risk of another shutdown. This information sufficiently answers users' questions about the end of the U.S. government shutdown, including the time, reasons, impacts, and future risks. The risks in the cryptocurrency market still exist; find suitable opportunities with small positions before taking action, and do not act blindly.

Completed

#美联储7月会议纪要 The Federal Reserve's July meeting minutes show that most officials support keeping the benchmark interest rate unchanged, with only two officials advocating for a rate cut. The main points of the minutes are as follows:

Interest Rate Decision

Almost all participants believe that maintaining the benchmark interest rate at 4.25%-4.50% is appropriate.
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Federal Reserve Vice Chair Bowman and Governor Waller advocate for a 25 basis point rate cut to guard against deterioration in the labor market.

Economic Outlook

Most officials believe that inflation risks remain, and they expect inflation to rise in the short term.
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Some officials believe that tariffs may lead to a one-time increase in prices, while others are concerned that supply chain disruptions could cause stubbornly high inflation.
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The supply and demand situation in the labor market continues to trend towards balance, but the unemployment rate has risen and the monthly growth rate of job openings has slowed.

Financial Stability

Some officials are concerned about high asset valuation pressures.
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The meeting discussed issues related to stablecoins, emphasizing their potential impact on the banking sector, financial system, and implementation of monetary policy.

Future Policy Direction

The vast majority of participants believe that if data continues to meet expectations, a rate cut in September may be appropriate.
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Almost all participants stated that more information is needed to enhance confidence in a decline in inflation before a rate cut.

#Strategy增持比特币 #Bitlayer
@BitlayerLabs
Bitlayer is a blockchain platform dedicated to redefining the possibilities of Bitcoin, aiming to achieve cross-chain interoperability, security, and scalability for Bitcoin through innovative technology. Below are the detailed information about Bitlayer:

Core Objectives

To become the computing layer for Bitcoin, inheriting Bitcoin's security while introducing ultra-scalability, providing users with a high-throughput, low-cost transaction experience.
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To address the trade-off between security (trustless) and Turing completeness in Bitcoin's second layer (Layer 2).

Technical Features

Smart Contracts: Supports the implementation of complex smart contract functionalities on Bitcoin, including decentralized bridges and scalable Rollup technology.
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Zero-Knowledge Proofs: Researching the integration of zero-knowledge proofs into Bitcoin's scripting language to achieve second-layer scalability and enhanced privacy.
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High-Performance Second Layer Transaction Execution: Focusing on developing technology to achieve lightning-fast transaction execution on Bitcoin-based second layer solutions.

Development Roadmap

1. First Phase: Bitlayer PoS (Completion by April 2024)
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Adopting a security model that combines PoS and multisignature technology to ensure asset protection.
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Collaborating with multiple MPC hosting platforms to establish secure and scalable infrastructure.
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Achieving 100% compatibility with the Ethereum Virtual Machine (EVM) to support developers in seamlessly migrating Solidity applications.
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Introducing cross-chain functionality to allow asset flow between Bitcoin, EVM-based blockchains, and other networks.
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Who knows where the entrance is, please let me know, thank you.

Last time I spent 100U on voting and now I can't find the entrance. Does anyone know how? It seems to be 100U for 100 votes, voting for coins, if successful you get tokens, if not, you get a refund. I can't find the entrance now, does anyone know?

Bought 1200U waiting to eat big meat

Survive

Time flies, Binance has been around for eight years. We have watched you grow from a sprout to a towering tree. Stay true to your original intention and keep moving forward. I hope you continue to thrive.

Woke up and placed an order to go out, just opened it to see I took profit, Bitcoin is still working hard, making 1000U a day. I only trade Bitcoin and Ethereum, and try to avoid altcoins as much as possible. Altcoins rise quickly but also fall quickly. As an old-timer in the crypto world, I prioritize stability.

Since the last failure of #WCT , the fluctuations in recent days have been minor. Personally, I don't think it has reached the bottom yet and it should continue to decline. The funding rates for going long have been decent these days. Today, the funding rate has been adjusted, and if I can't profit from it, I'll go short, hoping to make some gains.

Yesterday afternoon, #BOB bought 700U and didn't see such a strong rise in a day. This bull market hasn't seen any crazy coins yet. Could this be the biggest dark horse of the bull market? It looks like it can't drop at all; as long as someone sells, someone else will instantly buy. I hope a ten-thousand-fold coin can emerge. Good night, crypto traders.

#晒出你的交易 $WCT If you can't die from it, then go all out. Quick in and out, there are still certain profits in ultra-short trading. Friends who like short trading can pay attention.

Is there a community?

No, you can claim it as long as the current account has 205 points.

If you're bored, take a test to see your understanding of Web3. In the crypto world, you must constantly improve yourself to reduce the chances of being a 'leek' that gets cut.