The market is unpredictable, with sharp rises and falls often beyond expectation; only risk control is a chip that traders can actively hold onto! When opening a position, prioritize risk liquidation first; profit is a surprise gift from the market, while solid risk control is the confidence that drives one forward.
Beijing (or Peking) is the starting point for the Chinese people's comprehensive resistance against Japan, and it is here that Japan began its full-scale invasion of China. Apart from the nationally renowned Marco Polo Bridge, Nanyuan in Beijing is also the location of the 29th Army headquarters. More than a decade ago, I visited the dormitories preserved by the 29th Army there, where Deputy Commander Tong Linge and the commander of the 132nd Division died heroically for their country in the Nanyuan area. Before that, after September 18th, Peking became a base for Northeast exiles and also the source of the anti-Japanese salvation movement. Northeast University and others moved to Beijing, and the Northeast Anti-Japanese National Salvation Association was also established in Beijing.
Is the whole world looking forward to a war between China and Japan???
Many people think that the whole world is looking forward to a war between China and Japan because they want to see the fun and take advantage. Wrong! The truth is, this is a collective 'geopolitical suicide.' The U.S. wants military orders; Southeast Asia wants industrial transfer. These gamblers are all focused on the 'war dividend,' yet no one realizes: one is the 'supplier' of upstream core materials, and the other is the 'assembly plant' of midstream manufacturing. Once China and Japan fire the first shot, the losses won't just be the GDP of two countries, but the global supply chain! China and Japan appear to be in a competitive relationship, but in the global supply chain, they are in a 'can't do without each other' upstream and downstream relationship. Japan monopolizes high-end materials and precision components to an outrageous extent: 76% of the world's high-end photoresist is controlled by two Japanese companies, Tokyo Ohka Kogyo and JSR, and 67% of China's photoresist imports rely on Japan. Advanced chips below 28nm cannot be produced without this material. For fluorinated polyimide, a key material for flexible screens and chip packaging, 92% of China’s supply comes from Japan, and even mobile phone screens depend on them.
Whether to resist or not, it doesn't matter to us.
The circulation and sales of rice in Japan are basically monopolized by the Japan Agricultural Cooperative. The Japan Agricultural Cooperative controls over 90% of rice, 80% of fruits, and poultry circulation channels in Japan, and manipulates the "reduction and compensation policy" to limit production and maintain high prices. High-quality, affordable rice is basically unrelated to the Japanese people.
Moreover, this year the main rice-producing regions in Japan are experiencing abnormal weather, leading to a reduction in rice production, and supermarkets are discounting three-year-old rice.
In China, three-year-old grain can only be used for livestock feeding. Who would dare to sell it for human consumption?
The Japan Agricultural Cooperative does not care for the people, preying on the Japanese citizens. The Japanese need to awaken and redeem themselves.
#比特币波动性 #币圈 Today, the global capital markets faced a "Black Friday," with BTC dropping to $82,000. In the past 24 hours, a total of 389,052 people were liquidated globally, with a total liquidation amount exceeding $1.9 billion; the total market capitalization of cryptocurrencies fell below the $3 trillion mark, with a 24-hour decline of 8.5%.
As of November 21, 2025, Bitcoin has retreated from its historical peak of $126,000 at the beginning of October to its current level of $82,000, a decline of approximately 35%.
This is one of several significant corrections in Bitcoin's history, with the magnitude of the correction comparable to the 32% decline at the beginning of 2025, but far lower than the 78% and 84% corrections seen in 2021 and 2017, respectively.
Last night, the US stock market plummeted at the close, and this morning, stock markets across Asia-Pacific all fell sharply. The cryptocurrency market has also issued strong bearish signals. The A-shares and Hong Kong stocks opened with significant declines. It seems that global liquidity is experiencing issues.
At the root, the expectations management of the Federal Reserve and the turmoil in the Japanese government bond market are the main sources of this round of global market declines. Just now, both of these major variables have shown positive signals that are favorable for market development.
Overall decline
On the morning of November 21, the Shanghai Composite Index opened down 0.87%, the Shenzhen Component Index opened down 1.76%, and the ChiNext Index opened down 2.07%. The computing hardware supply chain fell across the board, with memory and CPO sectors leading the decline; lithium mines, lithium battery electrolytes, semiconductors, consumer electronics, photovoltaics, and AI application concept stocks saw significant drops. Subsequently, the declines in both markets expanded, with the Shanghai Composite Index once dropping nearly 90 points. By the close of the midday session, the Shanghai Composite Index fell 1.88%, and the ChiNext Index fell 3.18%. The lithium battery supply chain fell across the board, with nearly 5,000 stocks in the market declining.
The Hang Seng Index opened down 1.45%, and the decline subsequently expanded; the Hang Seng Tech Index fell more than 2.5%. Internet stocks retraced across the board, with Baidu Group and Bilibili falling over 4%. The semiconductor concept performed poorly, with SMIC and Huahong Semiconductor dropping over 3%.
It is worth noting that today the market experienced indiscriminate selling. In the morning session, government bond futures with strong safe-haven functions also turned down across the board, with the 30-year main contract falling 0.23%, the 10-year main contract falling 0.04%, the 5-year main contract falling 0.03%, and the 2-year main contract falling 0.01%.
Two positive signals
If we look for the source of this round of declines from the outside, it is nothing more than the decrease in expectations for interest rate cuts by the Federal Reserve and the continuous decline of Japanese government bonds. However, this morning, both of these major variables have shown some positive changes.
From the perspective of the United States, although Morgan Stanley retracted its prediction on Thursday that the Federal Reserve would cut interest rates by 25 basis points at the December meeting, this morning, US Treasury Secretary Yellen stated that the Federal Reserve has sent many signals, some of which are confusing. The Federal Reserve should pay attention to the data; the Federal Reserve should continue to promote the interest rate cut cycle. The three major US stock index futures also rebounded across the board.
Her name is Saemoe, his name is Rambo She is 74, he is 85 She is a bit flirty, he is a bit fierce Large-scale international twilight love program "The Menopause of Gao City Falls in Love with the Pure Rambo"
1: 3:00 AM, the Federal Reserve will announce the minutes of the monetary policy meeting Will there be a rate cut in December? The meeting will provide direction
2: 5:00 AM, NVIDIA's earnings report will be released If revenue and net profit fall short of expectations, it indicates a bubble in AI, and NVIDIA may drop by 10%, while the U.S. stock index may fall by 3%.
The long-awaited altcoin season may truly be coming to an end. The CMC Altcoin Season Index has fallen to around 30. Based on the performance of the top 100 altcoins over the past 90 days, aside from a few privacy coins and Binance-related tokens that have resisted the downturn, almost all others have been completely wiped out. The biggest difference in this market cycle compared to 2017 and 2021 is that 90% of altcoins have completely lost their secondary market momentum. Any current rebound has become the best opportunity for exiting and selling.
#高市早苗 #加密市场回调 Our generation has witnessed the best of Sino-Japanese relations and is currently experiencing the worst. Whether it can get worse, we do not know.
Even during the island landing incident in 2012, when seven Chinese individuals (mostly from Hong Kong) landed on the Diaoyu Islands and were illegally detained (and later released) by Japanese police, despite the domestic uproar and movements occurring in various locations, even violent incidents of injury and vandalism, the upper echelons maintained a basic attitude of control.
However, this time, it is not only the official voices across the board but also systematic measures, especially the warnings regarding travel and studying abroad, which have never been seen before.
Travel and studying abroad are the two most influential aspects of Sino-Japanese people-to-people exchanges, and due to these two warnings, there is expected to be a significant impact in the short term. Particularly regarding studying abroad, many families may reconsider sending their children overseas for education, as studying abroad is not as quick and flexible as travel, and they must also consider safety factors for at least several years in the future.
Being neighbors, the proximity and low costs, along with some Japanese cities retaining the influence of Chinese Tang culture, make Japan a preferred destination for ordinary Chinese people, whether for travel or study.
However, given today’s collision trends, many things have become uncertain, and it is unexpected that this has come so early.
The anger of great powers has never been merely a single warning and will never result in emotional actions based on a statement. Many pieces of information visible to the higher-ups are not accessible to ordinary people.
Historically, Japan has always responded to the strong. Currently, the Japanese right-wing is fiercely criticizing Sanae Takaichi, not for any other reason, but simply because they believe she has prematurely revealed her true intentions.
In fact, the Japanese right-wing is quite foolish; China is a major power and still a strong nation, while Japan is a small country, neighboring China, with land that cannot be moved. China's strength is increasingly growing, which is an objective fact.
If they still think of growing stronger to confront China later, they can only use that phrase: "Small in wisdom but grand in ambition, weak in strength but burdened with responsibilities, they will achieve little."
During this period, it is better not to go if possible. If necessary, for urgent public matters, others should not be overly critical, as everyone has their own circumstances.
However, when someone mentions ZZ has nothing to do with me, I still do not agree; every person has a stance, and national stance comes first.
Bitcoin's total market capitalization has plummeted by about $600 billion from its October peak.
Since breaking the $126,000 mark in October, Bitcoin's price has dropped significantly, erasing all gains made in 2025 at one point, before stabilizing during early trading in Asia on Monday. This sharp decline from historical highs occurred in a year when Bitcoin's authority was supposed to be consolidated. Wall Street has entered the arena, exchange-traded funds (ETFs) are bringing cryptocurrency into mainstream portfolios, and the Trump administration has fully embraced cryptocurrency. However, the market has rapidly declined without any obvious incentives. Data shows that Bitcoin's total market capitalization has plummeted by about $600 billion from its October peak. In the cryptocurrency market, volatility is commonplace, but what distinguishes this time is the rapid erosion of market confidence, with almost no convincing reasons.
20,000 to 7 million: Ten years in the cryptocurrency world, I only relied on three boring principles
In 2015, I first heard about Bitcoin. At that time, the price was just over 2000 RMB, and I put in two months' salary, twenty thousand yuan. I knew nothing, purely curious. Three months later, it doubled. That feeling was like suddenly discovering the back door to the world—money can actually come so easily. Greed instantly devoured reason. I started researching various 'hundredfold coins,' my mind filled with myths of getting rich. In 2017, I heavily invested in a cryptocurrency called '嫩模币'. Yes, the name is that absurd. It increased tenfold in a week, and the numbers in my account were jumping wildly. I didn't sell, firmly believing it could reach a hundredfold.
#币圈 #新手必看 #新手集中营 A Simple Explanation: A Complete Guide to Cryptocurrency Jargon Entering the community for the first time and being bombarded by terms like 'Gas', 'Pump', 'Shorting', all over the screen??? We整理资料translate professional knowledge into 'simple language', allowing you to grasp all the slang in 3 minutes! Feel free to add more jargon in the comments!
⚠️This is purely a personal study note and does not constitute any investment advice.