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菲菲Faye
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菲菲Faye

菲菲财经;X、ins、YouTube:chainbeautyfaye
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Occasional Trader
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The longest place I stayed during the pandemic was Singapore. Back then I was so bored that I decided to give myself a challenge: I stuck to a gluten-free diet. In class, my classmates even bet I wouldn’t last a month. When I wasn’t in class, I’d hang out in the gym and the swimming pool in my residential area, slowly turning this extrovert (E) into an introvert (I). I strictly followed a gluten-free diet. I cooked every meal myself (Singapore apartments don’t have range hoods because they don’t cook), so you can imagine how hard it was to keep going. My soy sauce was coconut soy sauce, and my seasonings were only things like salt and black pepper—pure, natural, and additive-free. Basically every day I ate naturally sourced foods like pan-fried beef, chicken, fish, and some vegetables and fruit. There was no way I could eat snacks. And I wouldn’t eat any processed “after-the-fact” packaged things either—like packaged beef jerky—because it has ingredients. I only used olive oil. I couldn’t possibly touch bread or noodles, either. And I definitely wouldn’t eat out—because the ingredients are too complicated (for example, seasonings like bean soy sauce aren’t allowed either). After sticking to a gluten-free diet for nearly a year, I found that my friends were almost gone too 😂—because everywhere you go outside restaurants have all kinds of ingredients. If I didn’t eat with my friends and relied on texting and calling, how could you maintain a relationship? So later on, I just gave up 😄 Honestly, I’m still pretty impressed with myself for managing to stick with it for almost a year. Thinking about how I have to attend 2049 Singapore 🇸🇬 in the next few days, I’ll have to reflect a bit—goodnight 😴
The longest place I stayed during the pandemic was Singapore. Back then I was so bored that I decided to give myself a challenge: I stuck to a gluten-free diet. In class, my classmates even bet I wouldn’t last a month.

When I wasn’t in class, I’d hang out in the gym and the swimming pool in my residential area, slowly turning this extrovert (E) into an introvert (I). I strictly followed a gluten-free diet. I cooked every meal myself (Singapore apartments don’t have range hoods because they don’t cook), so you can imagine how hard it was to keep going. My soy sauce was coconut soy sauce, and my seasonings were only things like salt and black pepper—pure, natural, and additive-free.

Basically every day I ate naturally sourced foods like pan-fried beef, chicken, fish, and some vegetables and fruit. There was no way I could eat snacks. And I wouldn’t eat any processed “after-the-fact” packaged things either—like packaged beef jerky—because it has ingredients. I only used olive oil. I couldn’t possibly touch bread or noodles, either. And I definitely wouldn’t eat out—because the ingredients are too complicated (for example, seasonings like bean soy sauce aren’t allowed either).

After sticking to a gluten-free diet for nearly a year, I found that my friends were almost gone too 😂—because everywhere you go outside restaurants have all kinds of ingredients. If I didn’t eat with my friends and relied on texting and calling, how could you maintain a relationship? So later on, I just gave up 😄

Honestly, I’m still pretty impressed with myself for managing to stick with it for almost a year. Thinking about how I have to attend 2049 Singapore 🇸🇬 in the next few days, I’ll have to reflect a bit—goodnight 😴
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Market moves quickly: US August core PCE year-over-year rose 3%, slightly down from the previous month, hitting the lowest level since February and below the market expectation of 3.3%. The CME FedWatch rate-hike probability has sharply fallen from yesterday’s 70% to 37%. What looked like a done deal for a rate hike yesterday now faces new variables.🤔 The issue is that US 10-year Treasury yields are still hovering around 5.3%, and oil prices remain near 98. This is a tricky situation—please remember that core PCE excludes food and energy, and the market still has serious concerns about the outlook ahead.
Market moves quickly: US August core PCE year-over-year rose 3%, slightly down from the previous month, hitting the lowest level since February and below the market expectation of 3.3%.

The CME FedWatch rate-hike probability has sharply fallen from yesterday’s 70% to 37%. What looked like a done deal for a rate hike yesterday now faces new variables.🤔

The issue is that US 10-year Treasury yields are still hovering around 5.3%, and oil prices remain near 98. This is a tricky situation—please remember that core PCE excludes food and energy, and the market still has serious concerns about the outlook ahead.
CL-0.89%
BZ-0.25%
IEFETF-0.23%
Partly True
As shown in Figure 1) US 10Y has risen to 5.29, the highest level since 2019, approaching 5.3 on June 2007; Brent crude oil is also above 100. Under these circumstances, the US is completely unable to withstand it. As of now, the expectation is that the Fed will raise rates in October is basically a done deal—no suspense. The market is already pricing in this rate-hike expectation 📉
As shown in Figure 1) US 10Y has risen to 5.29, the highest level since 2019, approaching 5.3 on June 2007; Brent crude oil is also above 100.
Under these circumstances, the US is completely unable to withstand it. As of now, the expectation is that the Fed will raise rates in October is basically a done deal—no suspense.
The market is already pricing in this rate-hike expectation 📉
SEC's this time innovation exemption: a compliant platform can tokenize real-asset U.S. equities and trade them on-chain—this is not the ordinary stock tokenization that was previously mentioned. The token covered by the innovation exemption here must have all the shareholder rights of common stock; the listed company corresponding to the stock must be informed and have veto power; only whitelisted wallet addresses approved through the process are allowed to trade; once that stock is delisted from Nasdaq or the NYSE, its corresponding tokenized version must also stop trading in sync; and the smart contract code must be made public so that regulators and investors can review it. This is the starting point where traditional securities and blockchain truly converge. Once U.S. equities run successfully, bonds and various other assets will be tokenized one after another, and global asset trading rules may undergo a redesign.
SEC's this time innovation exemption: a compliant platform can tokenize real-asset U.S. equities and trade them on-chain—this is not the ordinary stock tokenization that was previously mentioned.

The token covered by the innovation exemption here must have all the shareholder rights of common stock; the listed company corresponding to the stock must be informed and have veto power; only whitelisted wallet addresses approved through the process are allowed to trade; once that stock is delisted from Nasdaq or the NYSE, its corresponding tokenized version must also stop trading in sync; and the smart contract code must be made public so that regulators and investors can review it.

This is the starting point where traditional securities and blockchain truly converge. Once U.S. equities run successfully, bonds and various other assets will be tokenized one after another, and global asset trading rules may undergo a redesign.
🎙️ AMA Preview|Two rate hikes within the year—why is the US stock market still strong? Full breakdown of the midterm elections, the crypto bill, and oil inflation What’s behind the strength in the US stock market? How will the midterm elections, the crypto bill, and oil inflation affect the market going forward? At 8:00 PM on September 23rd, PhyFaye and Crypto top celebrity teacher Ni Sen, together with Brant, the boss of Chinese Investing Network, will break down the key factors driving market moves and explain them clearly. Featured Guests Phyrex @phyrexni Brant @brantchinesefn Host Faye @chainbeautyfaye 📅 8:00 PM, September 23, 2026 📍 X Space Everyone is welcome to bring your questions—see you in the AMA!
🎙️ AMA Preview|Two rate hikes within the year—why is the US stock market still strong? Full breakdown of the midterm elections, the crypto bill, and oil inflation

What’s behind the strength in the US stock market? How will the midterm elections, the crypto bill, and oil inflation affect the market going forward?

At 8:00 PM on September 23rd, PhyFaye and Crypto top celebrity teacher Ni Sen, together with Brant, the boss of Chinese Investing Network, will break down the key factors driving market moves and explain them clearly.

Featured Guests
Phyrex @phyrexni
Brant @brantchinesefn

Host
Faye @chainbeautyfaye

📅 8:00 PM, September 23, 2026
📍 X Space

Everyone is welcome to bring your questions—see you in the AMA!
The time machine G700 most loved by the rich 🤔 Location: Gulfstream flagship long-range private jet Bare airframe price: about $75 million; a fully customized turnkey setup costs close to $100 million. Performance: top speed of Mach 0.9 (near the speed of sound), maximum range of about 13,890 km nonstop to the United States without needing to land for refueling. Cabin: 5 separate functional zones—an executive lounge, a kitchen, and a master suite with a private shower; a special circadian clock lighting system to adjust jet lag during long-haul transoceanic flights.
The time machine G700 most loved by the rich 🤔
Location: Gulfstream flagship long-range private jet
Bare airframe price: about $75 million; a fully customized turnkey setup costs close to $100 million.
Performance: top speed of Mach 0.9 (near the speed of sound), maximum range of about 13,890 km nonstop to the United States without needing to land for refueling.
Cabin: 5 separate functional zones—an executive lounge, a kitchen, and a master suite with a private shower; a special circadian clock lighting system to adjust jet lag during long-haul transoceanic flights.
Move and be happy In life, length, width, and thickness are equally important❗️
Move and be happy
In life, length, width, and thickness are equally important❗️
Now the AI investment logic has changed—it has entered an era of heavy-asset capital expenditures. Tech giants have issued debt at scale; the size of annual bond financing has reached as much as $220 billion. In the next two years, global AI investment will surpass the trillion-dollar level. Long-term interest rates remain persistently high. Large companies leverage debt to build computing infrastructure. The leading firms’ debt-servicing fundamentals are solid and represent a reasonable long-term leverage; however, leverage risk for smaller cloud providers and data center operators has already risen significantly. Today’s AI market is no longer about chasing scale or computing power. The key competition is ROIC—returns on investment. The main risk going forward is that capital expenditure growth continues to outpace cash flow growth, eventually leading to valuation compression.
Now the AI investment logic has changed—it has entered an era of heavy-asset capital expenditures.
Tech giants have issued debt at scale; the size of annual bond financing has reached as much as $220 billion. In the next two years, global AI investment will surpass the trillion-dollar level.

Long-term interest rates remain persistently high. Large companies leverage debt to build computing infrastructure. The leading firms’ debt-servicing fundamentals are solid and represent a reasonable long-term leverage; however, leverage risk for smaller cloud providers and data center operators has already risen significantly.

Today’s AI market is no longer about chasing scale or computing power. The key competition is ROIC—returns on investment. The main risk going forward is that capital expenditure growth continues to outpace cash flow growth, eventually leading to valuation compression.
SpaceX is about to enter the Nasdaq 100 index’s quarterly rebalancing again; before the market opens on September 21, the stock’s weight is expected to rise from 1.3% to nearly 2.8%, bringing in passive inflows of $20–25 billion. Previously, due to the share lock-up period, the float was small, so the weight couldn’t rise. Now a large number of shares are being released, increasing the float ratio. Index funds will passively allocate accordingly, and buy orders are approaching nearly two days’ worth of trading volume, which provides near-term support.
SpaceX is about to enter the Nasdaq 100 index’s quarterly rebalancing again; before the market opens on September 21, the stock’s weight is expected to rise from 1.3% to nearly 2.8%, bringing in passive inflows of $20–25 billion.

Previously, due to the share lock-up period, the float was small, so the weight couldn’t rise. Now a large number of shares are being released, increasing the float ratio. Index funds will passively allocate accordingly, and buy orders are approaching nearly two days’ worth of trading volume, which provides near-term support.
A while back, within the same day, ChatGPT, Claude, and Grok all went down one after another. Now that AI has been upgraded into core industrial infrastructure, any interruption will immediately bring business processes to a standstill. The systemic risks caused by concentrated compute power and highly API-dependent coupling have long been underestimated by the market. Actually, on AI platforms, stability is just as important as model capability. During this period, when I was building my own FeiAI workstation, I also ran into multiple instances of system crashes, lost content data, and situations that were difficult to repair. So first build a stable foundation, and only then talk about further development.[币安链接](https://www.bsmkweb.cc/register?ref=FAYE1888)
A while back, within the same day, ChatGPT, Claude, and Grok all went down one after another.

Now that AI has been upgraded into core industrial infrastructure, any interruption will immediately bring business processes to a standstill. The systemic risks caused by concentrated compute power and highly API-dependent coupling have long been underestimated by the market.

Actually, on AI platforms, stability is just as important as model capability.

During this period, when I was building my own FeiAI workstation, I also ran into multiple instances of system crashes, lost content data, and situations that were difficult to repair. So first build a stable foundation, and only then talk about further development.币安链接
Founder of Plump-Thin Aesthetics, Faye, has increasingly come to believe that proportions matter a hundred times more than weight. With the same 100 jin, some people look exquisite and well-shaped, with a clearly defined waistline; others, however, seem rather ordinary. The difference lies in the curve-to-proportion ratio. So I propose a new era concept for women’s body aesthetics: “Plump-Thin Ratio” The calculation is simple: Plump-Thin Ratio = (Bust × 40% + Hip × 60%) ÷ Waist A great women’s curve isn’t just about chasing thinness, nor is it about making one particular area stand out more and more. What matters is a natural sense of curves—overall coordinated with gentle rise and fall, but not overly exaggerated. Plump-Thin Ratio: <1.25 Straight-line type|Overall outline is relatively straight 1.25–1.30 Light-curve type|Leaner, beginning to show a waistline 1.30–1.34 Natural-curve type|Comfortable proportions; curves look natural 1.34–1.39 Golden Plump-Thin Zone|Slim, with a waist and curves; overall most harmonious and easy to look at 1.39–1.44 High Plump-Thin type|Curves are more pronounced >1.44 Strong-curve type|A very strong visual contrast, but it’s not the case that the higher the better What aligns with human aesthetics should be: where it should be plump, let it have soft curves; where it should be thin, let it be light enough. Girls, don’t let yourselves be trapped by numbers like “90 jin, 100 jin, 110 jin, 120 jin” anymore. Next time, don’t just ask “How many jin?” You can figure it out: what’s your Plump-Thin Ratio? #PlumpThinRatio #PlumpThinAesthetics
Founder of Plump-Thin Aesthetics, Faye, has increasingly come to believe that proportions matter a hundred times more than weight.

With the same 100 jin, some people look exquisite and well-shaped, with a clearly defined waistline; others, however, seem rather ordinary.

The difference lies in the curve-to-proportion ratio.

So I propose a new era concept for women’s body aesthetics:

“Plump-Thin Ratio”

The calculation is simple:

Plump-Thin Ratio = (Bust × 40% + Hip × 60%) ÷ Waist

A great women’s curve isn’t just about chasing thinness, nor is it about making one particular area stand out more and more.

What matters is a natural sense of curves—overall coordinated with gentle rise and fall, but not overly exaggerated.

Plump-Thin Ratio:

<1.25
Straight-line type|Overall outline is relatively straight

1.25–1.30
Light-curve type|Leaner, beginning to show a waistline

1.30–1.34
Natural-curve type|Comfortable proportions; curves look natural

1.34–1.39
Golden Plump-Thin Zone|Slim, with a waist and curves; overall most harmonious and easy to look at

1.39–1.44
High Plump-Thin type|Curves are more pronounced

>1.44
Strong-curve type|A very strong visual contrast, but it’s not the case that the higher the better

What aligns with human aesthetics should be: where it should be plump, let it have soft curves; where it should be thin, let it be light enough.

Girls, don’t let yourselves be trapped by numbers like “90 jin, 100 jin, 110 jin, 120 jin” anymore.

Next time, don’t just ask “How many jin?”

You can figure it out: what’s your Plump-Thin Ratio?
#PlumpThinRatio #PlumpThinAesthetics
hellokitty afternoon tea is super cute today 🐱
hellokitty afternoon tea is super cute today 🐱
$NVDAB $GOOGL.US
$NVDAB $GOOGL.US
NVDAB+0.99%
GOOGLUS+0.25%
Verified
GMGM🌞This week's global macro calendar: The U.S. will first release PPI and initial jobless claims on Thursday, then CPI on Friday. Current market expectations are for core CPI to rise 2.4% year over year, down from 2.5% previously; headline CPI is expected to be unchanged at 3.4% year over year, but month over month is expected to be 0.4%, above the previous 0.1%. My view: it is not easy for headline CPI to show a clear downside surprise this week. With oil prices rising again recently, inflation pressure is still there. But whether core CPI can continue falling from 2.5% to 2.4% is the key factor that will determine the Fed's stance. Last week's nonfarm payrolls added 162,000 jobs, clearly stronger than expected, and the unemployment rate stayed at 4.1%. Market pricing for a September rate hike has already heated up again, so this CPI report is essentially the last major confirmation. If CPI, especially core CPI, comes in above expectations, rate-hike expectations from the Fed will strengthen further. U.S. Treasury yields and the dollar would likely stay relatively strong, which would be negative for the Nasdaq, AI tech stocks, and high-liquidity-sensitive assets like crypto. If CPI comes in below expectations, it would ease rate-hike pressure, and U.S. growth stocks and Crypto would be more likely to see a round of risk appetite recovery. What the market fears most right now is strong employment plus high inflation at the same time, which is very unfriendly for risk assets. $BTC $NVDAB $AAPLB
GMGM🌞This week's global macro calendar:

The U.S. will first release PPI and initial jobless claims on Thursday, then CPI on Friday. Current market expectations are for core CPI to rise 2.4% year over year, down from 2.5% previously; headline CPI is expected to be unchanged at 3.4% year over year, but month over month is expected to be 0.4%, above the previous 0.1%.

My view: it is not easy for headline CPI to show a clear downside surprise this week. With oil prices rising again recently, inflation pressure is still there. But whether core CPI can continue falling from 2.5% to 2.4% is the key factor that will determine the Fed's stance. Last week's nonfarm payrolls added 162,000 jobs, clearly stronger than expected, and the unemployment rate stayed at 4.1%. Market pricing for a September rate hike has already heated up again, so this CPI report is essentially the last major confirmation.

If CPI, especially core CPI, comes in above expectations, rate-hike expectations from the Fed will strengthen further. U.S. Treasury yields and the dollar would likely stay relatively strong, which would be negative for the Nasdaq, AI tech stocks, and high-liquidity-sensitive assets like crypto. If CPI comes in below expectations, it would ease rate-hike pressure, and U.S. growth stocks and Crypto would be more likely to see a round of risk appetite recovery. What the market fears most right now is strong employment plus high inflation at the same time, which is very unfriendly for risk assets. $BTC $NVDAB $AAPLB
Yesterday while shopping, the store clerk actually asked me if I was mixed-race?
Yesterday while shopping, the store clerk actually asked me if I was mixed-race?
The days in a small courtyard by West Lake, where the trees are lush and flourishing, with layers of branches and leaves spreading out into stretches of green shade. In summer, cicadas often chirp in chorus, rising and falling one after another, a lively background sound unique to summer. As the wind slowly passes through the leaves, it takes away some of the restlessness. There’s no need to travel far; everyday warmth and poetic charm are both within reach. It could be said that this is the best spot for today’s chain check-in 😄
The days in a small courtyard by West Lake, where the trees are lush and flourishing, with layers of branches and leaves spreading out into stretches of green shade. In summer, cicadas often chirp in chorus, rising and falling one after another, a lively background sound unique to summer.

As the wind slowly passes through the leaves, it takes away some of the restlessness. There’s no need to travel far; everyday warmth and poetic charm are both within reach.

It could be said that this is the best spot for today’s chain check-in 😄
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