Peter Schiff believes Bitcoin should be eliminated
According to Odaily Planet Daily, Peter Schiff posted on the X platform that gold and silver have risen due to a new round of quantitative easing (QE), and he believes that Bitcoin 'has not even risen' and should be 'eliminated'.
US Dollar Exchange Rate Linkage: Interest rate cuts weaken the US dollar exchange rate, making cryptocurrencies cheaper for global investors, potentially increasing demand and enhancing the narrative of hedging against dollar depreciation. Risk Appetite Increase: Low interest rates encourage investors to take risks, amplifying market activity and volatility, leading to changes in capital flows. Market reactions in different scenarios: Preemptive interest rate cuts or soft landing: Market risk appetite increases, risk assets such as cryptocurrencies may rise collectively, and Bitcoin's performance sometimes outperforms traditional assets.
Time is running out for the cryptocurrency world... Powell is about to launch an offensive! Don’t think that lowering interest rates means everything is fine; what’s even more terrifying will be Powell’s speech. This interest rate cut can be said to have been forced, as Powell previously stated that he did not wish to lower rates. So after the cut at 3 AM on Thursday, Powell will give a speech at 3:30 AM, which is likely to be extremely hawkish, paving the way for not lowering rates next time, and it will scare the market.
分析师舒琴
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Time for the cryptocurrency market is running out... Powell is about to launch an attack! Don't think that a rate cut means everything is fine; the more terrifying part will be Powell's speech. This rate cut can be said to have been forced; Powell previously stated he did not wish to cut rates, so after the rate cut at 3 AM on Thursday, Powell will deliver a speech at 3:30 AM, likely very hawkish, paving the way for not cutting rates next time, which will scare the market. Because after next week's rate cut, the interest rate will reach the neutral rate of 3.5%, not much different from historically normal rates, and it no longer counts as a restrictive rate. In contrast, inflation is still rising, already at 3%, far above the Federal Reserve's target of 2%, and the economy remains relatively strong, so the Federal Reserve actually has no reason to continue cutting rates, which has also been Powell's earlier viewpoint. Therefore, I expect that after next week's rate cut, the market may start to plummet rapidly and undergo a correction for a while; everyone should be well-prepared. Personally, I am positioning myself with double long positions on high, and coupled with the bearish market environment, I believe the odds are greatly in my favor. If you prefer to be cautious, then do not trade; just wait to buy the dip after next year's crash, because the situation will start to improve in the second half of next year, and Trump will appoint a new chairperson to implement aggressive rate cuts, then the water will come, and the market will start to rise, potentially entering a major upward cycle lasting 3-5 years. So the next six months can be said to be the darkness before dawn; the bull market is just tired, taking a half-year vacation, and in the second half of next year will return to work. Everyone stay alert, and let's work together with Benqin to navigate this market and rewrite our destiny!
The short squeeze market has started, and the goal is to drive down to the point where almost no one dares to short anymore.
BIT居士
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The short squeeze market has started, the logic behind it.
I am a cryptocurrency enthusiast, a recluse, who has relied on the freedom of the crypto world. I purely share the hidden scenes in the crypto world, allowing everyone to see this world clearly, thus seeking survival in the cracks. I voice for the retail investors, and together we will change the mindset of retail investors to keep up with the rhythm of the wealthy mindset. I never take positions, I don't earn a penny from everyone, purely sharing.
The short squeeze market has started, and the goal is to kill off the shorts until almost no one dares to continue shorting. Are there still people doubting my previous statement about the massive short volume above, that it wouldn't be targeted? Are there still people saying the shorts above are the big players? Are there still people doubting my claim that even the whales are just slaughtered lambs? Are there still people doubting my assertion that the biggest player is actually not the whale, nor the institutions, but actually the CEX? Every time the longs and shorts are slaughtered, it is a CEX action because everyone's counterpart is themself. They cannot afford to let the massive short and long positions profit, as they cannot bear the loss. Often, the logic of the market is that bull markets have more spikes and bear markets also have spikes. Your liquidation data is known by others, which is why there is precise spike liquidation; 99% of liquidations belong to them. Coincidentally, this time the short squeeze behavior has once again cleverly shifted the blame. Before the market started, someone said on X: New highs will keep appearing.
From the perspective of the Federal Reserve's internal situation, the economy now faces several new challenges. As previously mentioned, higher tariffs are reshaping the global trade system, tighter immigration policies are slowing labor force growth, and changes in tax, spending, and regulatory policies may also affect economic growth and productivity. How these policies will ultimately be implemented and their lasting impact on the economy remains highly uncertain.
BTC If 88000 can hold, I can see the previous high, then I will try 100 BTC 😵 The time is set for next week, it should be about right next week during the fluctuations [The US stock market Nasdaq can no longer hold back]
校长-1518学院
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$BTC If 88000 can hold, I can see the previous high, and then I can try opening 100 BTC 😵 The time is set for next week, it should be about right under the fluctuations next week [The US stock market Nasdaq can no longer hold]
San Francisco Fed President Daly also expressed support for a rate cut in December, worried that the labor market may suddenly deteriorate. Latest data supports the case for a rate cut: · U.S. core PPI in September increased by 2.6% year-on-year, below expectations · September retail sales increased by only 0.2% month-on-month, below expectations
This should be the last song of the big coin this year.
Binance News
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Trader Predicts BTC Will Approach $67,000 This Weekend
According to Deep Tide TechFlow, on November 25, trader James Wynn (@JamesWynnReal) stated on social media that BTC is approaching the $67,000 price level, which is expected to arrive before this weekend.
Frequent order placement may result in transaction fees that are several times the principal amount
BIT居士
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The weekend is very calm, and the US stock market is set to rise on Monday! The short-term target for BTC is 91500, and for Ethereum, it is 3100. This round of bull and bear market is different from the past; everyone likes to watch the monthly chart for a death cross, thus judging that a bear market is entering, but overlooking an important factor: there is a massive amount of short positions above. If a bear market enters at this moment, the money in the market will be depleted by the bears, and it still won't be enough. When these bears lock in profits, it will cause a large number of short positions to close, resulting in a significant price increase. This round of bull and bear will be driven by each small cycle, and the price will show a wave-like rise. There are only two factors affecting Bitcoin: quantum computing (because Bitcoin is large in scale, it is not easy to take action against quantum upgrades; in fact, many solutions have been proposed, just waiting to be improved), and privacy (hiding your Bitcoin is technically allowed, as long as you prevent physical confiscation by the government). Bitcoin will be the safest, most liquid, and most favored asset by institutions for humans.
Trading requires understanding restraint and locking in profits. Through frequent trading and accumulating profits bit by bit through hard work, you can lose it all in one go.
Why is it difficult for ordinary people to make money in the market? Because everyone has a common ailment:
Selling when it rises a bit, holding on when trapped, and the result is likely to be unable to withstand it. When about to reach a turning point, the psychological defense line is broken and collapses.
Trading is actually a process of fighting against your own psychology. Trading is human nature, and the behind-the-scenes dealers are very good at manipulating human psychology.
I summarize two ways for retail investors to make money:
The first way is to gradually buy in when prices are falling or dropping significantly, following a principle: gradually lower your cost. Important point: Do not sell just because it rises; have a long-term mindset. Selling at the slightest rise is the most wrong choice.
The second way is to open fewer positions; you must resist. The market is not short of opportunities. If you trade too much, you will find that most of the time, as long as you do not act, you can outperform 80% of traders. We wait for trading opportunities, and if you can seize a few opportunities each year, you can outperform 99% of people.
At the same time, everyone must deeply realize that frequently opening positions can lead to trading fees that may be multiple times your principal. Many people find that they do not earn less profit per trade, but ultimately discover that they are still losing money, and the reason lies here.
$BNB 《BNB Golden Pit! Family members who bought the dip at 876 have gathered!》
This market is truly amazing! Last night BNB plunged to 872, and my order at 876 was executed in seconds! Now I've added more at 877, just waiting for the main force to lift the price!
Why do I dare to buy more as it drops? Three solid reasons tell you:
1. The double bottom has formed, and a rebound is imminent BNB has been building a base around 872, and the daily double bottom structure is harder than diamond! This round of continuous 9-day plummet has washed out the weak hands, and the subsequent explosion will be even more fierce. Remember: When others are in panic, that's when we should be greedy!
2. The exchange rate hides a super surprise Look at the BNB/BTC exchange rate, the daily bullish pennant is brewing a big move. Once it breaks through, don't say 900, even four-digit price levels are just small targets! At that time, the exchange rate will lead the price, and both engines will take off!
3. My surefire secret: Pyramid bottom fishing First batch at 876, second batch at 877, and orders at 850/800 are ready! With limited funds, it's even more important to strategize; building positions in batches is the way to ultimately succeed. Remember: Never go all in, always keep some bullets!
Next, focus on these positions:
· Break through 950 upward, add positions with eyes closed · Hold 872, lie back and count money · Drop below 872? Continue placing orders to pick up bargains!
Finally, a soul-searching question: Have you gotten on this golden pit wave? Those who dare to share their cost price in the comments are true warriors! I have already entered with two batches at 876/777, and from here it's either getting rich or playing dead, that's just how it is!
Making money in the cryptocurrency world relies not on reckless behavior but on information asymmetry! Tonight, these events may seem like external news, but they are all about direct impact. Remember, my friends: when others panic, I am greedy; when others are greedy, I take profits; preserving the principal is the key to laughing until the end! The market always rewards those who stay alert.