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The recent market in the cryptocurrency world has been quite sluggish, the market has fully digested the expectation of interest rate hikes in Japan, and this bad news will become a factor for market recovery.
The recent new stocks in the Hong Kong market are not doing well, there have been quite a few that have broken their offering price recently.
I am personally following two stocks, one is JD Industrial which has slightly broken its offering price. I just checked another one, Hashkey, which has also broken its offering price at 6.68, and only had a slight increase in the night market, with a total transaction volume of just tens of millions above the cost price, then it broke its offering price.
However, there are financing costs for new listings in the Hong Kong market, and the platform will charge a certain fixed fee. So most of the new listings have incurred losses.
JD Industrial had a public subscription of 60.5 times, international 7.88 times. Hashkey had a retail subscription of 393.7 times, international 5.46 times.
Scarcity is what creates value; for instance, I noticed that Xiaomi peppers have risen to 70 yuan per kilogram, and it seems that vegetable prices have increased significantly, while the pork market, which is severely competitive, is very bleak.
The stock market is the same, too many competitors and those not making profits are prone to break their offering prices, although it cannot be ruled out that there might be strategies to buy low and sell high, but the vast majority of valuable stocks are reflected in grabbing shares; if there is no grabbing situation at the opening, it indicates that the market is not optimistic, and only when the price reaches the right position is there an opportunity.
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⚡ $BTC and Crypto React to Powell's FOMC Remarks. Jerome Powell spoke, and cryptocurrency traders are paying notice. Here is the gist: Inflation remains high, although progress has been done outside of tariffs. The labour market is slowly cooling, with AI playing a part, but not the primary one. GDP 2026 forecast revised upward; robust consumer spending and AI investments are important drivers. Rates are in a neutral range, and the Fed will make choices meeting by meeting. Treasury purchases may remain high to alleviate market pressure. Tariffs could cause a one-time price increase, but underlying inflation is under 2%. BTC, ETH, and altcoins may experience moderate volatility. Dovish tones could propel Bitcoin higher, while neutral tones could impede movement. Stay alert: Powell's remarks, not just the figures, will move the market tonight.
⚡ $BTC and Crypto React to Powell's FOMC Remarks. Jerome Powell spoke, and cryptocurrency traders are paying notice. Here is the gist: Inflation remains high, although progress has been done outside of tariffs. The labour market is slowly cooling, with AI playing a part, but not the primary one. GDP 2026 forecast revised upward; robust consumer spending and AI investments are important drivers. Rates are in a neutral range, and the Fed will make choices meeting by meeting. Treasury purchases may remain high to alleviate market pressure. Tariffs could cause a one-time price increase, but underlying inflation is under 2%. BTC, ETH, and altcoins may experience moderate volatility. Dovish tones could propel Bitcoin higher, while neutral tones could impede movement. Stay alert: Powell's remarks, not just the figures, will move the market tonight.
Good morning Blockchain's seeker of light✨ Every squat is for a higher jump Every silence is nurturing the next wave Don't ask where the road is——the road is in the code, in the consensus, in every time you stick to your investment Today, continue to walk with the times!
Good morning Blockchain's seeker of light✨ Every squat is for a higher jump Every silence is nurturing the next wave Don't ask where the road is——the road is in the code, in the consensus, in every time you stick to your investment Today, continue to walk with the times!
Every day spent deeply cultivating Bitroot is filled with power! Every discussion in the community, every proposal, is a cornerstone of ecological growth. Technology is iterating, consensus is consolidating, and the persistence put into the project and the enthusiasm for the community will ultimately shine at the moment of the mainnet launch, waiting in silence for the bloom alongside all co-builders! #加密市场观察 #ETH走势分析 #加密市场反弹