"The essence of social interaction is deception, deceiving for money, sex, and resources; if you succeed, it's effective social interaction, if you fail, it's ineffective social interaction."
In fact, social interaction is about obtaining what you want from others without being deceived; it should be said that it is about exchanging your own value or expected value. Others are willing to give you something or provide certain opportunities and channels because they can obtain something of equal value from you. #BTC
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Entering the cryptocurrency world, without trading, without offline activities, is there still a way for ordinary people to survive?
I don't regret transitioning from web2 to web3 because I feel that web3 is a bit freer; I can sleep in. Especially on stormy days and when it snows heavily, thinking that I can finally avoid waking up early for work makes my sleep sweeter. The freedom of work in Web3 is liberating, but it gives a feeling of barely making ends meet (at least for me). I wonder if you all feel the same way. So even when there's an opportunity to make a lot of money, I might still be thinking about how to manage next month. So you'll find that most people in the industry are generally very hardworking (at least that's what I've observed).
In the past 24 hours, the market has once again experienced a bloody washout. The total liquidation across the network exceeded $1.7 billion, with more than 270,000 people being liquidated. #BTC has dropped below $82,000, with a daily decline of over 7%. Many people are asking: who is behind the scenes 'taking advantage' of this sharp drop?
In my view, it is the result of a threefold pressure:
First, it is the emergency tariff order suddenly signed by Trump. This executive order directly imposes tariffs on goods from certain countries, causing a spike in geopolitical and trade risks, leading to a collective withdrawal of funds from risk assets—cryptocurrencies are naturally not immune.
Second, this morning, gold and silver staged a 'high diving'. Originally seen as safe-haven assets, gold and silver suddenly turned down, and market sentiment quickly spread to the crypto space, triggering a series of high-leverage liquidations, resulting in a 'mechanical sell-off'.
Finally, liquidity rapidly dried up at critical levels. After #BTC fell below the psychological level of $85,000, the lack of buying depth exacerbated the sell-off of long positions. Just on HTX Huobi, a single BTC-USDT liquidation order was close to $80 million, indicating that market sentiment has entered a state of panic.
So, what should we look for next?
The key level has shifted down to $80,000. If it cannot stabilize, the next level for technical analysts to watch will be $70,000. In addition to the price, two points need to be noted: first, the evolution of the geopolitical situation, especially the dynamics between the US and Iran; second, on-chain data, to observe whether large funds are quietly accumulating at the current position. #加密市场回调
CZ AMA hard-core refutation! The 1011 crash has nothing to do with Binance, condemning the FUD from water army and exposing it.
On January 31, early this morning, Binance founder CZ held an English AMA at Binance Square to respond to the recent FUD voices from the community regarding Binance. The following are the key statements recorded. The announcement of Trump's tariffs triggered a market decline of 1011, and the drop was not caused by any issues with the Binance system or any actions by Binance. Binance does not engage in trading activities to profit from buying and selling cryptocurrencies, so it has not sold assets to deliberately suppress prices. The so-called 'crashing Bitcoin' carries risks of hundreds of billions of dollars, and there is no entity in the world capable of such actions. Binance is currently regulated and has no conditions to engage in any violations.