Some of the everyday life details that were revealed after Xu Jiayin. At his peak, he owned three large private jets. For ground transportation, he only rode in a vehicle with a Geely license plate and a custom long-wheelbase Rolls-Royce Phantom. If the local area didn’t have vehicles that met the requirements, they had to transfer vehicles from another city.
In addition, because of his arrival, local branch companies had to set up a dedicated reception team two months in advance, and the entire company’s work revolved around reception operations. Before he arrived, they completed floor-by-floor full coverage, environmental renovations, and equipment airlifting. Throughout the whole process, dozens of bodyguards, a dedicated hairstylist, a private chef, and female massage therapists were on standby and accompanying him.
When it came to food, they designated French premium mineral water, with a single bottle costing over 2,000. The logo on the bottle had to face the direction from which he would pick up the water. The water temperature was strictly fixed, and a dedicated person arranged for daily air transport to replenish supplies. Because he liked eating Japan’s top-grade Shizuoka honey melons—each melon costing at least 1,000 yuan—Evergrande had someone permanently stationed at a Japanese orchard to select them every day. If there was even a 1-point imperfection, the entire melon was discarded. The melons were then airlifted back to China on a dedicated aircraft.
He also carried limited-edition Cuban cigars with him all year round; each cigar was worth thousands, and a set of cigar accessories was handled and maintained by a dedicated person. His annual spending on this hobby exceeded 7 million yuan. When a secretary forgot to bring the cigars, the meeting was interrupted on the spot, and he flew into a rage and stormed out.
When staying at a hotel, they had to reserve an entire floor of rooms, and the presidential suite was lived in on a regular basis. Hard requirements: room temperature and humidity had to be locked at a constant level, and the entire home had to uniformly replace all warm-light bulbs. The carpet had to be hand-brushed in one direction along the patterns by designated personnel. For the elevator indicator lights, black tape was used to cover them. Hotel staff were required to wear soft-soled, noise-dampening shoes. Since the hotel had no silent air purifier, one was airlifted directly from the Guangzhou headquarters.
The Evergrande Center in Guangzhou had the 41st to 43rd floors fully integrated, with the 42nd floor serving as Xu Jiayin’s exclusive private club. It had exclusive access control and a private elevator; ordinary employees were never granted permission to enter. Most deputy general managers also had to be approved separately before entry.
At its peak, the Evergrande Song and Dance Troupe had a scale of 200 people, selected through a process of choosing from thousands with extremely strict standards. They screened candidates based on multiple factors such as height, weight, appearance, and education level. They almost never performed for foreign business engagements; all expenses were fully covered by the Evergrande Group, mainly used for private receptions, internal banquets, and hosting and entertainment. The rehearsal halls were located in the private, high-level areas of the headquarters, with tight control.
Is this big drop slowly coming? Why is the funding rate still positive all the time? For the past two days, both longs and shorts have been paying funding fees at 8%–10%. That’s so high—are the longs really about to get completely smashed? If there’s a fast breakout downward with high volume below 6.2, it won’t take long to reach 5.8w. Then it’ll be Bitcoin in the 50k range. Will it really drop to 30k?
“No matter whether it is a temporary bridge or a position, I will press forward with determination, without hesitation or regret, devote myself wholeheartedly to the task, and work until the very end.” To this day, I still feel deeply inspired and full of admiration. A good premier who understands economics, dares to take responsibility, and possesses righteousness and integrity. With profound sorrow, we extend our heartfelt remembrance. The people will never forget your outstanding contributions to China’s economy and reform. 🙏🏻
After last time when LAB blew up all my worth, Binance funds are gone. Now it's time to practice diligently—today I’m thinking and making plans: Short-term (within 7 days): Analysis: The CPI matches expectations and didn’t provide any bullish support. The market will likely continue in a 5-wave structure. We’re currently at the beginning of wave 3 downward. I expect it may reach around 58,000 next week. ps: A tail-end market—don’t trade it. Staying in cash with no leverage is still the best choice. Strategy 1 (short-term): Left-side short: Boss: take profit 58,500/54,500; stop loss 75,500 (6 stars) Second-in-command: take profit 1,600/1,400; stop loss 2,250 (6 stars) Right-side short: Short around 65,500 points; stop loss 68,000; take profit 58,000 (6 stars) Strategy 2 (mid-to-short term: 1–2 weeks): Grid trading: 55,500–68,500. 12-layer spot grid—no need to set take-profit or stop-loss orders. I don’t recommend going long/short heavily with the grid (4 stars). Other than that, I won’t go into it—your short positions will come quickly once the setup is in place.
🔻 Short-term: bearish to $58,000, with the Aug. 15 CPI expected to be bearish 🔻 Short positions: BTC take-profit 58,500/54,500; ETH take-profit 1,600/1,400 🔻 Grid: spot grid 55,500–68,500 🔻 August setup: BTC 53,000/48,000/43,000; ETH 999/1,200 🔻 Most likely bear-bottom range: 52,000–55,000
Core: Accumulate in batches over the next 100 days; BTC in the 40-thousands is high-quality long-term inventory.
⚠️ For reference only and does not constitute investment advice.
Cryptocurrency Investor Harry Yeh Dies After Falling From a Building in Paraguay: Naked, Fell From the 30th Floor—Apartment Ransacked
At around 4:30 a.m. on August 7, Paraguayan Asunción police received a report that cryptocurrency investor Harry Yeh (Ye Junde) was found dead after falling naked from a height of 30 stories—100 meters.
Harry is the founder of Quantum Fintech Group. He entered the market in 2013 when BTC was only $60, claiming he managed more than $2.4 billion in assets, with deep ties to projects such as Fantom, Tomb Finance, Lif3, and ZooCoin.
Police found that all the doors of his 30th-floor apartment were left open and that it had been ransacked, but no one was inside. A 29-year-old Brazilian partner living on the 27th floor said she was unaware. This bizarre death case raises too many questions: Why was he naked? Why was the apartment ransacked? Where did the $2.4 billion in assets go?
Prosecutors have not yet determined the manner of the fall, and the case is still under investigation.
The one being discussed now (the Bitcoin Clarity Act) is the U.S.’s CLARITY Act, formally known as H.R.3633 (the Digital Assets Market Clarity Act). Its core is to divide regulatory authority between the SEC and the CFTC, ending the period of them fighting over turf, and to clearly define whether BTC, ETH, and others are securities or commodities. Where are we now? The House has passed it: in July 2025, the House version passed; the Senate got stuck in committee. As of May 14, 2026, the Senate Banking Committee passed it in a bipartisan vote of 15 to 9—this is the latest progress. It hasn’t yet been voted on by the full chamber: next, it will need to be merged with the version from the Senate Agriculture Committee to address the two most troublesome landmines:
7-Day Short-Term Trading + 1–2 Week Medium-Term Outlook|In a Bear Market, a Rally Is a Trap to Lure Buyers; Go Short Only Throughout
【Key Takeaway Up Front】 This rebound is a “lure-into-buying” phase within a bear-market decline continuation. Going long is strictly prohibited throughout. Existing short positions can be held with peace of mind. If you’re currently flat, you should primarily wait and observe—preferably waiting for highs to build shorts in batches. In bear markets, trading should be less frequent; be patient and wait for the main selling wave to begin.
I. Short-Term Market Logic (Within 7 Trading Days)
The current chart shows a typical bull-trap rinse-and-repeat pattern. Bulls lack any substantive incremental liquidity support, and a downside move can start at any time. Most likely, price will first spike higher to test the BTC 67000–70000 resistance zone, where retail buying is likely to chase and get swept. Then the chart will turn and launch a new round of deeper declines.
1. For those holding short positions: Continue to hold and battle for the pullback, using the “safety cushion” to ride out the full cycle of downside.
2. For traders currently flat: Waiting is the best option—don’t try to pick a bottom early, and don’t chase longs on short-term strength.
II. Short-Term Execution Plan (Short Only)
① Left-Side, Short on Rallies in Batches (Higher Priority)
1. BTC (Bitcoin) Entry range: 66500 - 69000 (build shorts in layers) Take-profit: First target 64500 (take profit in batches), ultimate long-term target 54500 Stop-loss (defensive): 75000
2. ETH (Ethereum) Entry range: 1950 - 2080 (build shorts in layers) Take-profit: First target 1750 (take profit in batches), ultimate long-term target 1400 Stop-loss (defensive): 2200
② Right-Side, Trade the Trend to Short (Secondary Priority)
Wait until the rebound loses steam and a confirmed downside signal appears with increased selling volume; then open shorts in line with the move. If the peak of this rebound cannot break above 66000, you can follow with shorts aligned to the trend. However, current signals are not confirmed—remain on the sidelines for now.
The correlation between the US stock market and the crypto market is really strong right now. When the US stocks surge, they go up a tiny bit; and once the stock prices dip slightly, it’s like a floodgate opening. After July finally saw a bit of improvement, these past couple of days it’s been pulled again and started to correct. So don’t go long—don’t go long. Wait for the direction to become clear.
📉 Short-term outlook: We are currently in the final wave of the rebound (bull trap), with the peak around 67,500. The overall direction is still bearish—never chase longs! 💡 Short-term trading: Try shorting around 66k–68k, or set up spot grid trading in the 58.5k–65.5k range. ⚠️ Medium-term warning: June’s K-line looks bad, and July will most likely see a big drop. Pay close attention to the 47,000 support level. 📊 Long-term scenario: • The highest chance to bottom is in the 43k–48k range (41%) • Start DCA when below 60k • 39,500–58,000 is the golden dip-buying zone • DCA ETH if < 1500 💬 Our dip-buying capital is expected to enter in July—hold your chips! Cryptocurrency #BTC #ETH # BinanceSquare
In this bear market run, the biggest buyer of Ethereum is BitMine—it’s actually spending real money to buy. If Ethereum is deflationary, the price would definitely surpass Bitcoin. The core point 🌟 The key to Ethereum’s value returning is hidden in the upgrades coming soon!
1️⃣ Glamsterdam upgrade: Gas limit skyrockets to 200M. Mainnet TPS is expected to break 10,000, gas fees drop significantly, and the mainnet regains ultra-high throughput and strong fund-attraction capabilities!
2️⃣ Lean Ethereum roadmap: Fully embrace ZK proofs and post-quantum cryptography, maximizing privacy and security, paving the way for enterprise-level applications.
3️⃣ L1 + L2 synergy: Optimize the Blob fee mechanism so that L2 prosperity truly feeds back into the mainnet, repair the deflationary model, and complete the value-capture feedback loop!
Build the technical foundation, see value return—just wait for the flowers to bloom! 🚀 #Ethereum #Web3 #Blockchain upgrade
At three in the morning, when everything is utterly silent, only the sound of blood inside my heart keeps echoing in my ears. Tears won’t stop flowing. This 2,000,000-yuan hole feels like a dull knife, cutting my nerves every day. In my days on the OKB exchange, I think I’ve fully fallen flat on my face. More than a thousand SOL, more than two hundred BNB, 1,300 OKB, and… 9 BTC. Those chips I once treated like treasures all ended up being panic-sold at the worst possible prices. Looking back now, the price I sold at is almost like garbage. But back then, I was already close to going mad. The one nightmare that will stay with me forever was the time I shorted LAB. I started positioning from $3, and kept adding against the trend all the way up to $25. Those three days, the funding rate surged to nearly $50k. I was like a crazed gambler—three days and three nights without sleep, even forgetting to eat. I was in a state of extreme exhilaration and total confusion, a kind of chaotic haze. Only now, watching LAB’s price fall back to its starting point, have I finally snapped out of it. Playing contracts—was it really just a straightforward battle of wits against the market maker? No. This is being dragged and rubbed against the ground by the exchange and insider trading. In this dark forest where there are no rules, what wouldn’t they do just to earn fees? At the end of the day, it’s still my own flawed understanding. I got exactly what I deserved—being cut down like a scallion. I cried, I hurt, and I even cursed myself, “Deserved it.” But this hard-earned lesson bought with two million in blood and tears—I’ll engrave it deep into my bones. The sky is almost breaking dawn. This night of bleeding, in the end, I have to endure through.
7-Day Cycle Market Analysis and Trading Strategy Compilation
I. Core Trend Qualitative Assessment (7-Day Short-Term Judgment)
1. Market Stage: The current situation is only a bearish-market repair bounce; it is in the final wave of the rebound, not a trend reversal. Absolutely no going long.
2. Upper-Turn (Uptrend End) Price Zone:
◦ BTC: Top likely around the 65,000–66,000 range after a push higher;
◦ ETH: The rebound is likely to face resistance on the 1,850–1,900 platform.
3. Overall Direction: After the rebound tops out, a new round of decline will begin. In the late bearish stage, minimize frequent short-term trading as much as possible; focus mainly on standing by and waiting for the bottom.
◦ Range: 58,500 ~ 65,500, with orders placed in 8 layers;
◦ Rules: Use only a spot grid—no need to set take-profit or stop-loss. Do not recommend grid trading for long/short contracts.
2. Medium-Term Long-Line Positioning (1 month or more)
◦ Time threshold: True bottom positioning requires waiting at least one quarter;
◦ Suitable for: Not recommended for those with unstable mindset or who cannot hold long-term.
Countermeasure 3: Medium-Long Term (quarter/half-year horizon)
1) Monthly chart bearish logic
BTC’s June monthly candle closed as a bearish “headless, legless” long red/black? (actually: an open-to-close big bearish candle with no long wicks), indicating technical pressure. In July, it is highly likely to continue a significant drop, with a potential deep target around 47,000.
The U.S. stock market is currently only rebounding weakly; if it cannot keep making new highs this month, global risk assets will face intense volatility.
2) Probability forecast for BTC bear-market bottom (within 6 months) Bottom range | Downside probability 58,000–60,000 | 10% 52,000–55,000 | 30% 43,000–48,000 | 41% (highest probability) 29,000–39,000 | 19%
3) DCA (Dollar-Cost Averaging) & dip-buying range plan
BTC
• DCA start line: below 60,000 USDT; DCA in batches on a monthly/weekly basis;
• High-quality dip-buying range: 39,500 ~ 58,000;
• Core conclusion: When the price falls into the “40k-range,” it is a high-quality opportunity for building positions.
At 9 AM, I stepped back into the gym. As the sweat trickled down my cheeks and I felt the long-lost soreness in my muscles, I knew this was more than just a physical recovery; it was my declaration to life that I was standing up again.
However, stepping out of the gym, the weight of reality still pressed heavily on me. Recently, the crypto market's series of liquidations hit me like a sudden tsunami, pulling me into the abyss. My funding chain snapped, cash flow dried up, leaving behind a heavy burden of debt. This afternoon, the affiliate project urgently needed funds to get into the group, with expenses soaring to 590,000. Faced with such a hefty sum, I felt momentarily suffocated, but fortunately, the team didn't scatter. Everyone rallied together; my sister and Yang lent me 35,000, and I swiped an additional 15,000 on my credit card; Ye contributed 70,000, and A-Dong rotated 120,000. Plus, with the 120,000 commission expected to arrive on the 20th and the 50,000 investment from Old Li (pending), we finally scraped together over 500,000.
Looking at this patched-up amount, I felt more than just sadness; there was an indescribable bitterness. For me right now, the hardest part isn't raising the funds, but not knowing where the next income will come from. I often question myself late at night: how did I end up in this situation this year? I've been desperately searching for a breakthrough, yet I nearly got swallowed by the waves.
But then I thought, since the team can still stick together, we absolutely cannot stop for minor issues. During my evening review, I reminded myself: from now on, all funds must be prepared in advance; we can never go all in on risky investments again. I once prided myself on understanding funding risk management and the importance of family reserves, but now with a debt of 5 million, regret is of no use.
But what good is regret? The only thing left to do now is to grit my teeth and keep moving forward. Little by little, no rush, even if I have to slog through the mud. In the future, I will stick it out to the end!
$LAB Hey, the project team is going off the rails! The funding rate has been maxed out for several hours now. Logically, there should be some liquidation with the funding rate staying high. Also, is the funding rate the same across all platforms?
I shorted $LAB at 20, and it was just about to get liquidated. Ugh, everyone keeps saying not to short, not to short, but it’s definitely heading to 30.