You can now directly click to join the chat room below the personal profile~~~!
The Binance homepage can now add the chat room section!! 1. Press and hold the recommended section on the homepage, a menu bar will appear → Click to edit the homepage 2. Click the yellow plus sign at the bottom~~ to enter the interface where modules can be added 3. Select to add the chat room module 4. You can search for friends using the Binance ID number: for example, my ID number is my referral code~~ You can search 1068237774 to add as a friend and use the chat function to chat You can also click the chat room entry below the personal profile to join the chat room
1. Press and hold the recommended section on the homepage, a menu bar will appear → Click to edit the homepage
The Bank of Japan will launch a plan to sell 83 trillion yen worth of ETFs, which may last 112 years #加密市场观察
The Bank of Japan has been buying ETFs on a large scale since 2010 (especially during the Abe economic policy period in 2013) to stimulate the economy and the stock market, becoming the 'largest whale' in the Japanese stock market (holding about 7% of the total market capitalization). • In March 2024, the Bank of Japan will end negative interest rates and stop new ETF purchases. • In September 2025, it will officially decide to start a gradual reduction plan. • Why so slow? The central bank prioritizes 'market stability' to avoid a market crash triggered by sales (the Japanese stock market has been performing at high levels in recent years, with the Nikkei index reaching an all-time high). The daily selling amount is only about 20 million USD, which has a negligible impact. • Additional benefits: These ETFs have huge unrealized gains (with market values far exceeding book values), which could bring profits upon sale, but the central bank is more focused on a gradual exit.
Potential impacts • On the Japanese stock market: Almost no impact in the short term (too slow), but it helps the central bank return to its role as a 'normal central bank' in the long term, reducing market distortions. • On global markets: Symbolic significance is greater than actual. The normalization of Japanese policy (interest rate hikes + asset reductions) may slightly tighten liquidity, but the extent is limited. • Related to the cryptocurrency market (the image shows price drops for SOL, ASTER, etc.): Recent fluctuations in the cryptocurrency market may be partly influenced by global liquidity expectations (such as the strengthening of the yen leading to arbitrage trades being closed), but this ETF news itself is not the direct cause—it is more like a 'century plan' and will not trigger a sharp sell-off.
Overall, this is a piece of news that reflects the extremely cautious style of the Bank of Japan: trading 'a century' for market stability.
#日本加息 The message has been so long, will the encryption continue to link with the yen interest rate hike? The impact of the interest rate hike on the USD/JPY exchange rate is being priced in but there is still room. Coupled with the rise in Japanese bond yields, it has almost been digested.
What does everyone think? Should we hedge a portion to guard against interest rate hikes?
#巨鲸动向 "Brother Ma Ji" deposited approximately 1,199,700 USDC into Hyperliquid again 7 hours ago to continue going long on ETH. Currently, these funds have basically all been used to open a 25x ETH long position, with a total long position of 4,050 ETH, equivalent to about 1.19 million USD, with a liquidation price of 2,694 USD. At present, "Brother Ma Ji" has accumulated a loss of 21.21 million USD on Hyperliquid.
#BTC Upper pressure levels: 87976 88909 89419 Support levels below: 85093 83640 82541 (Do not go long if it breaks) Today's key price for BTC is 86487~~ If it can go up here, the market will be a bit stronger~~~ Support at 85093 below~~~ If it breaks, look at the range of 83640~~82473~~
Currently, the 15-minute and 30-minute charts are showing a bottom~~ If it retraces to 85 and does not break, there is hope for a small rebound~~ There is a high probability of moving up and down in a small range~~~ Then pick a direction and take a shot~~
Today, the upper pressure level can be considered for shorting~~ 87 near 88 for small positions to short~~~ If there are profits from open orders, try to pick up more~~ Take profits with small stop losses~~$BTC
#ETH Resistance levels above: 2983 3024-3045 Support levels below: 2916 2850 2807 The key support for ETH today is at 2907 ~ If the entity breaks down ~~~ the market will be very weak ~~~ Yesterday's spike was close to 2885 ~ this is the daily support ~ breaking it poses a danger to the market ~
The current overall pattern ~ still has the risk of continuing to decline ~~~ A rebound needs to consolidate here for a while to have a chance ~
Today, the 15-minute and 30-minute charts are forming a bottom; the recent support is at 2938 ~ 2906 ~ If it doesn't break on the pullback, there should be a chance to rebound to around 3000 ~~~
Consider the resistance above ~~~ take profit at the support below ~~~$ETH If you want to take a long position, it's best to try again after repeated pullbacks without breaking.