$BTC This rebound has already nearly reached the top. Reasons are as follows:
🔸 From 63,000 at the bottom to 87,300, the rise is about 38%, accumulating a huge amount of profit-taking positions. These profit-taking holders need to take profits, which triggers a price decline and starts a healthy pullback.
🔸 The market has restarted the re-hype around the rate-hike narrative. Last night, a Federal Reserve governor turned hawkish, and the market is pricing a 71% probability of a rate hike in November. A rate-hike tightens liquidity, which is bearish.
🔸 The four-year bull-bear cycle rule for Bitcoin: the best time to bottom-fish is at the end of the year. The market will most likely still have one final drop.
U.S. 10-year Treasury yield continues to climb, rising to 5.23% and setting a new high since 2007! Translated: Tonight is the last chance for bulls to escape!!
Binance Mid-Autumn Festival merchandise. I picked a size 36 for my girlfriend before, but we've broken up. The size is too small for me to wear—what should I do?
$BTC rate-hike cycle. The 10-year U.S. Treasury yield is already above 5%. The news that there has been progress toward a U.S.-Iran reconciliation became reality overnight. In the coming days, there will be frequent speeches by Federal Reserve officials. Continue staying sidelined!
I woke up and saw news that Bitget had been hacked, involving $350 million.
Withdrawals have currently been suspended, and user funds are safe. The amount lost in this incident is fully within the coverage of Bitget’s User Protection Fund.
Bg is the first exchange I’ve partnered with since I started as a content creator. I hope it can get through this difficult time smoothly 🙏
$BTC The hardest part isn’t losing 1 million (100w), and it’s not even going long and getting stopped out at the very bottom. The hardest part is missing an opportunity to make 1000w!!!
Making 1 million back is simple. I’ve often repeatedly cut positions too, but you have to wait for the next rollover trading setup with a one-way upward move: it takes a full cycle—sideways for long enough, the price is low enough, and the trading volume stays consistently sluggish…
$FORM This coin probably has only a few that are bigger than my position. Yesterday the project team said they would repurchase it, and when I checked, it jumped straight to 100k U at market price. At least it’s a Binance incubated project. The maximum unrealized profit was 20k U.
Turns out, when I looked closer, the quantity they repurchased is almost the same as my holdings. Wow—such a big rat!
$BTC Long positions originally opened with 100b, but the encryption bill didn’t pass. I pierced/plugged it into the stop-loss. I missed the opportunity of a single position A8. Considering the rate hikes and tighter macro policy, I went short again and was stopped out again.
$AKE trading volume has already peaked, but I didn't hold on! But I just can't hold on! Every day I live in the pain of selling too early. I hate it so much!