- Recent sharp drop with massive volume (585M) on the decline → strong signs of capitulation, often marks the final selling phase and potential short-term bottom
- Capital flows still negative: -32M USDT (24h) and -191M (7d) → selling pressure remains, but outflows are slowing and may be nearing exhaustion.
$ASTER Cautious Long #AsterDEX #ASTERUSDT
Still in a downtrend, so risk is high, but current levels show early reversal signals for those willing to take calculated risk.
- Entry: Spot buy around 0.7086 now, add more on dip near 0.7022 (24h low) - Stop Loss: 0.6800 - First Take Profit: 0.7872 (targeting recent 24h high)
There are less than 14 hours left until the Japanese yen interest rate hike
In addition to confirming the announcement of the interest rate change on December 19, the market is more concerned about whether the Bank of Japan will continue to raise interest rates. Currently, the interest rate is 0.5%, and after the hike, it will only reach 0.75%.
However, as previously mentioned, to bring the interest rate back to a neutral range, the market speculates that this round of interest rate hikes should eventually reach 1.25%, which means betting on 3 consecutive rate hikes.
The last time Japan raised interest rates consecutively was from March 2024, continuing until January 2025, taking about 10 months to raise Japan from a negative interest rate of -0.1% to a final rate of 0.5%.
Currently, Japan is still facing soaring prices, with the inflation rate exceeding 2% for 3 consecutive years. The public continues to criticize the Bank of Japan for not keeping up with inflation, resulting in very low actual borrowing costs.
The market is currently digesting the panic of consecutive rate hikes after the initial hike, and December is also the worst time for liquidity due to North American Christmas and year-end holidays, leading to significant market fluctuations.
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Scammers' tricks are endless, wake up, retail investors! Brothers, the cryptocurrency market is fraught with danger, do you know?
Ponzi scheme projects are simply the invention of the devil; there is nothing they cannot do if you can think of it!
Previously, I exposed the infamous EOS Cube exit scam incident — "Is another blockchain wallet pyramid scheme collapsing? The EOS Cube trick revealed."
This thing masquerades under the EOS banner, tricking people into locking their funds for high interest, and what happens? The operator absconds with the money, leaving a mess behind! In fact, the EOS Cube is not an isolated incident.
Long before it, similar farces had occurred in the EOS ecosystem. The model is old but vicious: first, using "high returns from locked funds" as bait, promising easy money; then relying on recruiting others for dividends, giving retail investors a taste of small profits to stimulate their greed. Once the pot gets big and the coins pile up, the operator leaves, and retail investors can't even find a place to cry!
Such a cash-strapped Ponzi scheme, relying solely on new money to fill old holes, is bound to collapse sooner or later. Wherever there are people, there are undercurrents; wherever there is greed, there are scammers.
Recently, a project called "ADA Node" has emerged, and it's obviously fake! It claims to be the "only officially authorized community of ADA"—which legitimate project would foolishly authorize just one community?
Isn't blockchain about allowing a hundred flowers to bloom? This is clearly building a car behind closed doors, cheating fools! Even more suspicious is, ADA is a foreign project; why is there no foreign login portal? Nine times out of ten, it's a Ponzi scheme fabricated by locals, borrowing a shell to lay eggs.
Registration even requires filling in an ID number? The core of blockchain is decentralization; Baidu and WeChat registrations don’t require an ID! Alright, I filled it in, and I casually made up a name and phone number and succeeded.
This dubious community will probably make the ADA officials furious — even their "100-square-meter toilet" must be crying! The funniest part is, they even set up a mall! Using Alipay and WeChat Pay?
Promoting projects and spreading updates is the real business; when did they start stealing Jack Ma's business? The ADA officials authorized you as the "only community"; your brains must be waterlogged! Full of loopholes, yet some people believe it?
The truly foolish may be the novices who don’t understand the tricks, while the pretenders have a gambler's mentality — "I can snatch food from the tiger's mouth!" Like a pyramid scheme, a few people make a fortune, while the majority lose everything, with some even jumping off buildings. #加密市场观察
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Bull and bear alternating to see Japan's interest rate hike tomorrow? On December 19, which is tomorrow, the Bank of Japan will start its interest rate hike meeting. In the short term, this will exacerbate the market's liquidity exhaustion, and the market may fluctuate significantly. If you hold altcoins, it's advisable to manage your positions to prevent excessive pullbacks, waiting for the market sentiment to fully digest before buying the dips in quality altcoins. If you have on-chain meme coins, there's no need to worry. Pure meme coins rely on community consensus and are less affected by market fluctuations, so what are the quality meme coins right now?$Binance Life $AT $SIGN #美国非农数据超预期 #巨鲸动向
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On Wednesday, the U.S. stock indices saw the Nasdaq index drop by 1.2% during the day, the S&P 500 index dropped by 0.8%, and gold rose by 0.7% to $4,333 per ounce.
In November, the U.S. non-farm payrolls increased by 64,000, higher than the expected 50,000;
The U.S. unemployment rate in November was 4.6%, higher than the expected 4.4%, marking the highest level since September 2021.
At the beginning of January, the new Federal Reserve head will be announced, which could be seen as a positive factor by the end of December. Currently, candidates such as Hassett, Waller, and Walsh all support significant interest rate cuts, which would please Trump.
Old friends bear their own losses. Gold has experienced an approximately 100% increase, strongly attracting capital from the cryptocurrency market. Previously, institutions pursuing volatility favored the crypto market, but this year gold has taken the place of the crypto market. Currently, institutions expect gold to rise by about 20% next year, which may reduce its capital attraction, hoping the crypto market can recover some of its losses. At the same time, be aware of risks.
Japan's interest rate hike is a negative factor, as it caused significant drops when raised in July last year, while the impact of the hike in January this year was minor. This Friday, the market is already betting close to 100% on the expected rate hike. Binance Exchange: https://www.binance.com/zh-CN/join?ref=R217YGVK
With Japan's interest rate hike, the higher the market's betting expectations, the more it indicates the extent of pre-digestion. Currently, the market expects a 98% probability of a rate hike, indicating that most of the impact has already been digested. There is still a need to guard against negative impacts, such as the Bank of Japan providing expectations for other rate hikes beyond this one (currently, the market expects the Bank of Japan to hike once next summer).
Attention should be paid to Thursday night's CPI, as it may affect the market. A decrease in CPI is a positive signal, while an increase in CPI is a negative signal. 共建币安广场聊天 Thank you for your support all the way, wishing old friends financial freedom in the new cycle, keep it up 👍