Back in 2017, Tom Lee was one of the few formally dressed men on CNBC who dared to publicly be optimistic about Bitcoin. Not the kind of talk like 'Bitcoin is a tulip craze,' nor the saying that 'blockchain is important, not Bitcoin.' He suggested institutional investors treat Bitcoin as digital gold—buying it before the world reacted. At the time, this sounded more like a college debate in a fog than a mature strategy. Fundstrat Even lost some clients because of it. You know, at that time, Bitcoin was only trading around $1,000, and most people still regarded it as a speculative toy, or even a den of criminals. Of course, Lee's views later became more and more fragrant like aged wine...
$BTC 📈 Despite facing ongoing selling pressure, the inflow of stablecoins has doubled.
This is a positive sign indicating that investor interest is gradually recovering during the current adjustment phase. This positive trend still needs to be further solidified, but some participants are already taking the opportunity to accumulate at lower prices.
Bitcoin has finally rebounded around $60,000 after breaking key levels at a historic pace over the past few days, currently up 10%. From the weekly chart, there are still 3 days left until the trading day ends, and the key question is whether Bitcoin can return to the $74,000 area. If the closing price falls below this area, it would indicate that Bitcoin will enter a 6-month range-bound phase in 2024, with the bottom of that range (around $55,000) potentially being tested in the coming weeks. At the moment, I am waiting for further price developments before formulating my next strategy. According to the trading strategies in the senior group, I have remained safe during this downturn, so I am not in a hurry to give back profits!
The cryptocurrencies with significant volatility this morning: XMR, DUSK, HBAR.
From May 2022 to January 2026, the circulating supply of Tether (USDT) nearly doubled, reaching a record $187 billion, significantly widening the gap between it and Circle's USDC, which has maintained a stable supply.
#美股指数 Brother Bai VIP: Today it's a sea of blood, but the market has already entered support at 6770. If there is a small rebound, it should start tomorrow. The most likely scenario is a low open and a high close. However, in this market, it's best to keep a little more cash on hand for the extremes. I am relatively conservative myself, so mainly just buying the index is fine. I hope the rebound starts here tomorrow.
The stock market has dropped this month, wiping out 8 trillion US dollars in assets, which is also what President Trump wants to see 🤝 because this will definitely bring down inflation, allowing interest rates to be reduced.
From the perspective of the premium level of various exchanges, there are still quite a few people trying to catch the bottom. Currently, there hasn't been a natural rebound with a spike during the decline process. It seems that the timing is not yet perfect!
$BTC The daily line yesterday was so long and the trading volume was so high In a few days it will come back for a test, a second test The market will only confirm an increase after the selling pressure is exhausted Right now it is a natural rebound caused by short positions being closed, and it will definitely break below 60,000 in a few days
$BTC Why did it quickly plunge in just two weeks? Is the U.S. stock market dropping as well? This is a grand strategy of the Trump administration! Think carefully! They are the top-tier smart people. Quickly cash out Then the new boss of the Federal Reserve, Waller, comes to power Injecting money, cutting interest rates
In the second half of the year, midterm elections, the stock market hits new highs They will push this disaster onto Powell Saying that it was his failure to cut interest rates that caused it Trump can then avoid the stock market drop and the condemnation from voters. People will direct their grievances towards Powell for not cutting interest rates. This is a political preemptive strike on market expectations. Anyway, adjustments are necessary.
Latest news: BlackRock's spot Bitcoin ETF daily trading volume has surpassed $10 billion for the first time. Significant signs of a bottoming out $IBIT $BTC
$BTC 📉 In the past week, the market capitalization of cryptocurrencies has fallen by $500 billion, with a cumulative decline of $1.7 trillion since the peak in October.