$BTC Japan's interest rate hike on December 19 will cause BTC to drop below 70,000. Let's wait and see. Next year, BTC may drop below the historical low price since 2017, and after the drop, subsequent adjustments could take decades. Next year might be the best opportunity to buy one BTC for a few thousand dollars. There is currently capital available to significantly short BTC.
The big cake above, the gold below. There has been no consolidation and pullback after the new high of gold. Two to three months is when the big cake will surge.
A few days ago, a friend asked me whether we are entering a full bull market. I thought for a long time and rationally felt that the market has already risen so high without any interest rate cuts. If a significant rate cut comes, won't it take off? Especially considering that next year, when Powell steps down and Trump takes full control of fiscal power, I can't even imagine how wonderful it will be. Recently, there is a piece of macro information that needs special attention: the Federal Reserve's balance sheet reduction may be coming to an end. In the past few weeks, several key indicators within the Federal Reserve system have almost simultaneously issued warnings: 1. The spread between SOFR and IORB continues to widen. The cost of funding in the short-term financing market is becoming increasingly expensive, indicating that system liquidity is being rapidly drained. Historically, whenever SOFR has consistently remained above the IORB upper limit, the Federal Reserve usually intervenes early. The last similar situation occurred just before the Repo crisis erupted in September 2019—at that time, the Federal Reserve was forced to urgently stop the balance sheet reduction and restart repurchase agreements. 2. Bank reserves have fallen below $3 trillion. This figure is a critical threshold. In 2019 and 2022, the market validated that as long as it falls below this line, liquidity risk will rapidly magnify in the repurchase market. 3. The repurchase rate (TGCR) briefly exceeds the reserve rate (IORB). This means the market is willing to pay more to borrow cash rather than let funds sit in central bank accounts—indicating that the "cash content" in the system has been drained. In other words: if it shrinks further, it could potentially "blow up the system." Therefore, the conclusion is very clear: it can no longer shrink. Once the balance sheet reduction reaches a critical point, the Federal Reserve can only stop the reduction or even reverse the expansion. And the "end of balance sheet reduction" often signals the turning point of the U.S. dollar liquidity cycle. End of balance sheet reduction = reversal signal of the U.S. dollar liquidity cycle; Bitcoin will be one of the earliest and most sensitive beneficiaries in this cycle. Internally, Powell, Bowman, and Waller have different views on hedging, but the committee is already discussing "the timing of ending the balance sheet reduction" rather than "whether to continue the balance sheet reduction." So we need to pay attention to the Federal Reserve meeting minutes that will be released later at 2 AM to see if more details can be disclosed, especially in light of the current macro data during the U.S. government shutdown. Is it a full bull market? Maybe not yet, but this could very well be the eve of a full bull market.
Floki's performance has been too poor in the past six months. Don't look at it until it stands above the key support and resistance levels shown in the chart! $FLOKI
Recently, Meme coins like #SECETF审批 have started to go wild again, especially that frog Pepe, it feels like it's about to take off? I heard the founder ran away, but the community seems quite strong, always stirring things up. I really don't understand these coins that are completely community-driven. Some say it's faith, others say it's pure gambling. Anyway, I'm just playing with a small position, if I make a profit, I’ll run. By the way, recently Meme coins on the Solana chain are also quite popular, that Bonk little dog seems a bit cute. Which Meme coins are you all paying attention to? Is there any insider information to share? Don’t say I didn’t remind you, high risk, high reward, be cautious with all-in!
BTC: The historical peak of the Relative Unrealized Profit indicator is also continuously declining, and its decay process can be well fitted by the exponential decay function y(x) = a + be^(-cx)
Currently, the value of this indicator is 54%, and the function fitting value of the historical peak is 71%
BTC: Relative Unrealized Profit indicator refers to the percentage of total unrealized profit of all BTC on-chain relative to the total market capitalization of spot (in USD)
$FLOKI There is no way, the principal is 30,000, and the profit is still enough to get to the end of the cycle. The game has not been released yet. Alas, those who say they didn’t make money and are trapped can’t do anything. If you chase high, you just admit that you are unlucky. Leeks are like this. They chase when it rises and dare not buy when it falls.
$FLOKI said Floki is rubbish, that's your own problem. Why can I make more than ten times? And I haven't sold it yet. I plan to wait until the cycle is over. Those who can't make money should find their own reasons.