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@dajialee498

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@dajialee498
As the election competition intensifies, the price fluctuations of the cryptocurrency market begin to increase. However, due to the ebb and flow, the market price begins to correct, but this is temporary. No matter which candidate is more friendly and more important than the predecessor, It’s the beginning of the interest rate cut cycle, everything is getting better, forget about the short-term fluctuations.
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@dajialee498
Since this cycle, we have been looking forward to a great innovation, but unfortunately we have not seen it so far, but new sprouts are breaking out, and seeing a lot of people discussing payments, I think this may be, but in Under regulatory pressure, it is not as easy to be accepted by the government as the previous DEFI.
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@dajialee498
Today is a critical day for crypto, do you agree?
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@dajialee498
In the past few rounds of bull markets, public chains have been the easiest track to increase valuations. With the advent of the application era, application-oriented public chains and the infrastructure that help applications improve user experience may become the most sought-after track.
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@dajialee498
While the market is slightly dull due to the recessionary trading in U.S. stocks, some exciting things are also happening in the industry. Yesterday, COINBASE announced its 2024Q2 financial report. In the report, it spent a lot of space talking about promoting the popularization of encryption applications. The work done and the progress made, at the same time in Tokyo, Vitalik also raised the importance of encryption applications when talking about the center of ETH in the next ten years; TON has also added more in the latest major upgrade that is conducive to the embedding of encryption applications. improvement. Obviously, after ten years of laying down the underlying facilities, application will be the most interesting story in the next ten years.
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@dajialee498
everthing is over.Some people say that the effect of a speech is not as good as that of a dog. At least judging from the market's reaction, this is true and somewhat interesting.
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@dajialee498
Will tonight be BTC’s big miracle day?
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How to respond to market trends, and what should we understand about the original intention of the entire encryption industry? And what trends are emerging in this industry? At present, more people will think that we don’t actually need so many underlying public chains, but we need the current public chains to respond to demands more quickly and carry more concurrency, so that more DAPPs with practical applications can be made Growing on the underlying public chain can also attract more people to enter the encryption industry. From another perspective, in the future we hope that more people will enter this industry not because of speculation, but because the encryption industry does provide value that web2 is difficult to provide.
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@dajialee498
For most people, our biggest obsession is being confused by the fog of eyes, many people will feel that BTC will fall to 40,000 USD before Bitcoin rebounds to its current position. However, when BTC rebounded, these people began to think that it would rise to $100,000. All because we are distracted by the hustle and bustle before us. In fact, except for the price rebound, the market has not changed at all. We will even face a greater challenge, that is, this rebound is based on emotion. When the emotion ebbs, will the market proceed on a larger scale? This is what we need to observe, and we need to establish our own system to respond to changes in market trends.
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@dajialee498
If there is a new low, I will jump in without hesitation
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@dajialee498
It seems that ETH/BTC is going to a new low. The short-term gray selling pressure has indeed suppressed the performance of ETH, coupled with the boost of sentiment during the Bitcoin Conference, but we still consider whether Wall Street institutions will allocate a certain amount of BTC. To configure Ethereum according to a certain proportion, the simplest strategy at the moment is to wait. Of course, this is also the most effective strategy.
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@dajialee498
Although the market is still in a not-so-good situation, compared to the previous period of doing nothing, we see that there are still many projects that are continuing to advance. At the same time, in the difficult situation, some things worth looking forward to are also changing subtly, such as Social projects not only continue to be popular in the primary market, but also perform better in the secondary market. We will wait and see whether this will become an innovation worth looking forward to in this cycle.
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@dajialee498
Another problem is that the slope of the unemployment rate for three consecutive months has exceeded 0.5. Historically, this has not been a good phenomenon, because changes in the unemployment rate have never been linear. If the unemployment rate worsens rapidly, it will force a rapid rate cut. arrival, this is not conducive to the rapid improvement of the market, but will bring about deeper adjustments, which is also the root of the debate about the rebound.
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@dajialee498
As we can see, BTC rebounded as expected, but the room for rebound is still a focus of debate. After the Federal Reserve's still vague policy expectations last night, the market's expectations for an interest rate cut in September have further increased, but all progress still depends on Economic data, such as tonight's core CPI.
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After about five days of stress testing, it looks like the market has defused the BTC sell-off against the German government, and as expectations for ETH ETF trading increase, there may be a brief period of good times ahead.
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@dajialee498
X账号又被冻结了,以后彻底在这安家了,中心化的推特真的玩不起,出个blast空投一堆钓鱼账号就出来了
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@dajialee498
ETH稳步向上这回汇率回到0.06之上应该问题不大
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