Madman said

The probability of the Federal Reserve raising interest rates by 75 basis points in December is 34.7%, and the probability of raising interest rates by 50 basis points is 65.3%. It seems that the pace of interest rate hikes in December is expected to slow down. November is likely to be the last major interest rate hike in the entire cycle. However, the current forecast for the Federal Reserve's terminal interest rate in June next year is as high as 5.14%, far exceeding the previous 4.5%. Affected by this, the US stock market continues to fall weakly. Such poor expectations have been factored into asset prices, and there is no need to panic excessively. On the other hand, crypto assets have been significantly stronger than US stocks recently, showing extreme resistance to declines. Although USDC has still seen small redemptions in the past two days, more stock funds still choose to buy coins around 20,000, including small coins that various investors are optimistic about in the future. Therefore, once the market begins to warm up, the crypto market will strengthen before the US stock market. Judging from the recent situation of not falling, this day should come soon.

The Canadian federal government announced consultations on cryptocurrencies, stablecoins and CBDCs. The main reason is that cryptocurrencies are changing Canada's financial system, so Canada's financial regulatory framework must keep up. This means that the Canadian government will soon sort out a regulatory framework for the crypto market, which is good for Canadian investors to further participate in crypto investments. Compliance in major countries is in full swing.

Fidelity's crypto products have begun to open a waiting list to retail investors. Fidelity should have its own strategy and plan for opening it at this time. After all, the probability of making money in the long term by subscribing to products at this position is extremely high. This shows that Fidelity also recognizes the crypto market around 20,000 and believes that it is worth investing in. On the other hand, many retail investors dare not invest large amounts of money in crypto exchanges, largely because they do not trust the exchanges enough. However, as a veteran aircraft carrier-class financial institution, Fidelity does not need to worry, so many investors will choose to invest in cryptocurrencies at Fidelity, bringing substantial growth to the market.

Last week, $14 million flowed into Bitcoin and trading volume doubled, indicating that some institutional funds have begun to deploy large amounts of funds at this position, which may be a prelude to a rise.

Some analysts believe that the wallet of Robinhood, the largest holder of Dogecoin, is likely to be Musk's address, which accounts for 28% of the total supply. The address's multiple increases and decreases are related to Musk's behavior on social media and have a certain leading effect, so it is suspected. Crazy people think that Musk is so unremittingly making wedding clothes for Dogecoin, and it is likely that he holds a lot of Dogecoin. As long as this address does not significantly reduce its holdings, in the long run, Musk will continue to make wedding clothes for Dogecoin.

Panic 30, no change.

Bitcoin: Bitcoin has tended to stabilize recently. Against this background, small coins have taken turns to attack. Judging from the rhythm, small coins have almost been tossed around, and many zombie accounts have been blown up. Many people have also exchanged Bitcoin for small coins out of jealousy. The market may begin to change its rhythm, and the strengthening of mainstream coins will begin. Just hold the coins patiently and wait for the market to rotate.

ETH: The short-term support level has been found, and it is expected to link with Bitcoin to resume its rise, so just hold the coin.

FTM: LinkedIn shows that the former founder AC works for the FTM Foundation. He said on the social platform "I am back again". The daily active addresses on the chain have risen sharply to 920,000, setting a record high. AC is back, and FTM still has something to look forward to. It is too difficult for the public chain track to rely on decentralized development. Just look at Bitcoin. It has not developed much in the past 10 years, and it is therefore called a value store. FTM is not in a high position, so take it first if you have it.

DYDX: We plan to release the V4 mainnet in the second quarter of 2023 and realize DAO governance. The current problem with this coin is that the unlocked amount is still relatively large, but the protocol itself is very valuable. If DAO can be achieved, the circulating supply will be reduced a lot, which is expected to trigger a wave of sustained increases, but it is still far from DAO, so everyone just needs to have an idea of ​​it.

GALA: The tokens on the BSC chain were hacked and issued in huge quantities, and the nominal value is already 0. Even if the BSC link is shut down, the ETH link is still normal. Therefore, the current decline is a mistake for all exchanges. Huobi, which has not shut down deposits and withdrawals, has also shut down deposits and withdrawals (when it was not shut down, it was hit by unlimited market crashes by the newly issued coins), and invalidated the GALA tokens traded later, turning them into junk coins that were issued in huge quantities. All investors who wanted to buy at the bottom and make money were buried, which can be said to be shooting themselves in the foot.

Sentiment towards small coins has reached an extremely high level. As long as there is some good news, they will be crazily sought after by funds. That’s about it. Some tokens that have been hyped up by short selling should pay attention to the risks and wait for the profit funds to flow back to the big pie.