加密力哥

The alpha line arbitrage space is gone, which means it's all studios, and all big money to play. It's not small retail investors, not ordinary users anymore, so their strategies are also adjusting, and in the future, they probably won't play like this anymore.

Some people have made several hundred, several thousand, or even tens of thousands of BNB on this alpha project, playing a few rounds to profit. They are using millions of large funds, setting up a bunch of wallet accounts, so Binance has adjusted its strategy as well.

So if you're playing on the sidelines, you still need to play spot, play mainstream, play Bitcoin, play Ethereum, BNB, Aster, Solana SOL, Dogecoin doge, you still need to play these mainstream ones, return to mainstream, return to spot, don't play leverage, if you see a good opportunity, just go all in on spot.

Hold long-term, hold for 10 years, and after 10 years enjoy the opportunity of compound interest over time. It will definitely make you slowly become rich. $BTC $ETH $BNB

Layout to buy a big cake, buy bnb
$BTC
$BNB

【Joe Tsai's Hong Kong University Speech Highlights: Alibaba's AI 'Yangmou' and China's Triple Confidence】

Today I read the full text of Joe Tsai's speech at Hong Kong University, which was full of information! This Alibaba leader clearly outlined the company's AI strategy and China's unique advantages, which are very thought-provoking. Here are a few key insights to share with everyone:

1. Alibaba's AI 'Yangmou': Not opening a model boutique, but aiming to be the 'power company' of the AI application era
Alibaba clearly stated that it does not expect to make money by selling AI model licenses. Their strategy is to fully open source, allowing all developers to use it for free. The real business logic lies in the fact that when AI applications are everywhere, Alibaba Cloud, as the underlying computing power base, will become the biggest beneficiary. This move is very clever, focusing on the ecosystem rather than products, broadening the landscape.

2. China's 'Triple Confidence' in AI, with astonishing cost advantages!
Joe Tsai bluntly stated that China has structural advantages in the AI race:
• Electricity costs are 40% cheaper: The powerful infrastructure of the State Grid makes China's electricity costs far lower than those in the United States, which is a decisive factor for energy-intensive AI computing.

• Engineer dividend + cost advantage: The construction costs of data centers in China are 60% lower, and the vast number of engineers not only costs less but have also honed extreme system optimization capabilities under the pressure of 'GPU scarcity'.

• Policy-driven + sovereign AI demand: China has set clear AI penetration rate targets, and the global demand for data privacy and localized AI makes China's open-source models more attractive than the closed-source products in the United States.

3. Hardcore advice for young people
• Skills: Learn programming (focus on logic rather than just writing code), master data analysis.

• Disciplines: Pay attention to data science, psychology, materials science (the innovations in the digital world ultimately rely on breakthroughs in physical materials).

• Decision-making: Look for 'asymmetric opportunities' (low risk, high potential) and always be prepared.

What inspired me most from this speech is that the future winners may not be the companies that create the most powerful models, but those that are best at applying AI across various industries and changing the lives of ordinary people. China seems to have found its own rhythm on this path.

Just like in the crypto world, always buy the mainstream, buy Bitcoin, Ethereum, and Litecoin. $BTC
$ETH
$BNB

Binance appoints co-founder He Yi as co-CEO, BNB skyrockets, taking off!!!

According to Fortune magazine, the world's largest cryptocurrency exchange Binance announced a significant personnel change on Wednesday, appointing co-founder and long-time executive He Yi as co-CEO to jointly lead the company.
He Yi will serve as co-CEO of Binance alongside Richard Teng, who took over as CEO in mid-2023. Previously, long-time CEO Zhao Changpeng resigned due to a U.S. criminal investigation. $BNB

Aster's recent market narrative and atmosphere are about the same.
Including the arrival of a new growth director and CZ's pump,
this wave of sentiment is about to be maximized,
why isn't it being pumped yet?
When will the chips be washed out?

Brothers, let's talk about it, market analysis! $BNB

$ASTER

Bitcoin has risen above $90,000, signaling a shift in sentiment in the options market

The price of Bitcoin has climbed above $90,000 for the first time in nearly a week. After more than a month of sell-offs, Bitcoin is regaining ground, with a broad rebound in risk assets and a relief in volatility providing space for traders to push prices higher.
As the market increasingly believes that the Federal Reserve may soon resume rate cuts, this increase, though modest, has re-centered attention on higher price levels, with digital assets moving in sync with the stock market. BlackRock's U.S. Bitcoin ETF has attracted new inflows, ending a series of redemption waves. Market liquidity remains thin ahead of the Thanksgiving holiday, but with volatility easing and almost no new evidence of forced selling, bulls seem to be testing whether the worst of this round of declines is over.
The reversal of bearish sentiment is reflected across the derivatives market. According to Coinglass data, demand for long positions in Bitcoin perpetual futures (a key market for traders making leveraged crypto bets) is increasing, with moderate open interest. The positive funding rate for such contracts indicates that bullish bets, which turned negative earlier this week, have once again taken the majority.
According to data from Deribit, a cryptocurrency exchange under Coinbase, call options with a strike price of $100,000 now have the highest open interest, whereas put protective options with strike prices of $80,000 and $85,000 dominated the market about a week ago.
"In recent weeks, speculative long positions have significantly decreased, evidenced by the decline in open positions and funding rates for perpetual contracts, which has set the stage for a rally in the crypto market," said Spencer Haraun, global OTC trading head at cryptocurrency investment firm GSR.
$BTC $ETH $BNB

Recently, the prices of cryptocurrencies led by Bitcoin have dropped sharply, giving back much of the gains since U.S. President Trump's re-election.
Nobel laureate Paul Krugman believes that the recent plunge in Bitcoin's price is attributed to Trump himself. It was Trump's victory last fall that contributed to the earlier rise in Bitcoin's value.
According to CoinGecko, the latest price of Bitcoin is approximately $91,707, down nearly 30% from the new high of $126,080 set in October. Although Bitcoin has rebounded this week (having fallen to $81,000 last week), some analysts warn that the asset could still enter a bear market.
Krugman pointed out in an article published this week that Trump's declining approval ratings are negatively impacting Bitcoin's price. He believes that Trump's campaign promise to support the digital asset industry means that this leader with dwindling support will inevitably affect Bitcoin's price.
According to a poll by Reuters/Ipsos earlier this month, Trump's approval rating has dropped to 38%, the lowest level since his re-election.
"Trump's power is clearly diminishing, and the price of Bitcoin—which has effectively become a bet on 'Trumpism'—has also plummeted," Krugman wrote, questioning why Bitcoin has become a 'Trump trade.' Part of the reason is that the Trump family has actually profited significantly from the crypto industry, while Trump himself has reciprocated these investments with pro-crypto policies." $BTC $ETH

$BNB

The crypto winter hits hard! Bitcoin has dropped from a peak of $125,000 in early October to $80,000, a decline of nearly 35%. In November alone, the total market value of the crypto market evaporated by $1 trillion 💥 Under the chain reaction, the stock prices of 15 Bitcoin 'vault companies' collectively fell below their net asset value (NAV), with the former star Strategy (formerly MicroStrategy, MSTR.US) suffering even more, plummeting nearly 36% in November alone, and down over 60% since the July peak!
Deutsche Bank's latest research report reveals the truth: this round of crash is the result of a combination of five major factors: the Fed's hawkish stance, regulatory wrangling, institutional flight, and holders running away, etc. Meanwhile, companies like MSTR, the 'Bitcoin vault companies,' have become the most vulnerable victims!
▫️ Myth fading: Since Saylor's bet on Bitcoin in 2020, MSTR's stock price has surged by a cumulative 1300%, significantly outperforming Bitcoin's 700% increase during the same period; however, since the peak last November, the stock price has halved again, with a decline of over 70%. More critically, Bitcoin's safe-haven halo has completely shattered, with its correlation to the Nasdaq and S&P 500 soaring to 46% and 42%, respectively, turning into a high-risk asset that follows tech stocks down.
▫️ Model failure: The core indicator mNAV (the ratio of enterprise value to Bitcoin holdings) has fallen to just 1.1, completely stalling the recursive leverage play of 'issuing shares to raise funds to buy Bitcoin.' Behind this is the end of the liquidity feast—the Fed's Powell has turned hawkish, doubts about a rate cut in December have arisen, and the negative correlation between Bitcoin and US Treasury yields continues to ferment, with the once-available funding dividend completely disappearing.
▫️ Adding insult to injury: MSTR not only faces a plummet in perpetual preferred stock prices but also risks being kicked out of the MSCI and Nasdaq 100 indices; combined with the regulatory vacuum period, the US 'Digital Asset Market Clarity Act' is stalled in the Senate, making it difficult to land before 2026, and institutional funds are hesitant to enter the market, resulting in large-scale net outflows from spot Bitcoin ETFs.

Can we bottom fish Bitcoin $BTC ?

Bitcoin treasury companies collectively lose value! MSTR plummets 36% in a month, is the Saylor myth over?
The crypto winter strikes hard! 15 Bitcoin "treasury companies" have stock prices below the net asset value (NAV) of crypto assets, and the once-star Strategy (formerly MicroStrategy, MSTR.US) is in a dire situation, plummeting nearly 36% in November alone, with a decline of over 60% since the July peak 💥$BTC

Who would have thought that this company, holding over 478,000 bitcoins (about 2.4% of the total global mined amount), hailed by Wall Street as "the most successful investment bank in human financial history," is now facing a collapse of faith:
▫️ Myth fading: Since Saylor bet on Bitcoin in 2020, MSTR's stock price had surged by a cumulative 1300%, greatly outperforming Bitcoin's 700% increase during the same period; however, since the peak last November, the stock price has been cut in half again, with a decline of over 70%
▫️ Model failure: The core indicator mNAV (the ratio of enterprise value to Bitcoin holdings) has dropped to only 1.1, indicating that the recursive leverage play of "issuing shares to buy Bitcoin" has completely stalled, and the previously existing premium logic has completely collapsed
▫️ Adding insult to injury: Not only have perpetual preferred stock prices plummeted, but there is also a risk of being kicked out of the MSCI and Nasdaq 100 indices. Once removed, trillions of dollars in passive funds will withdraw, revealing signs of a liquidity crisis
Even more deadly is that Bitcoin has plunged over 30% from its historical high this month, falling below $90,000, with the total market capitalization of the crypto market evaporating by over $1 trillion in November. Standard Chartered has long warned that DAT (crypto asset treasury) companies hold 4% of Bitcoin, and their sell-off could further drag down prices 📉
It should be noted that at the beginning of this year, in the context of Trump's friendliness towards crypto and congressional legislative support, DAT companies following MSTR's lead in "cash buying Bitcoin" were still flocking to go public. Now that the tide has receded, it is clear that everyone was swimming naked—companies like BitMine have stock prices fluctuating by over 30% in a single day and have long since become speculative tools

#BitcoinCrash #MSTRStockPriceHalved #CryptoWinter #SaylorMythShattered

Binance donates 10 million HKD to support disaster relief and reconstruction

On November 27, Binance announced that it would donate 10 million HKD to support disaster relief and subsequent reconstruction efforts.

Binance stated that it will donate to the disaster-stricken areas through relevant channels to support residents of Hong Fu Garden in rebuilding their homes. Binance also expressed condolences to all affected residents in Tai Po. ​​​$BNB $ASTER

Brothers, these U mentioned Binance
What coin to buy? Bitcoin? Ethereum?
BNB or Solana? $BTC $ETH $BNB

Long-term layout, hold for ten years, what coin to buy. Waiting online, very urgent.

Cryptocurrency Guide from 0 to 10 Million: Just Focus on One Coin

Choose one among BTC, ETH, BNB and dig deep,

I bet $BNB on 5000U! The strategy is simple and straightforward: small investment as a base + regular investments, increase holdings during a major drop, reduce holdings by half during a major rise, and hold over 10 coins to unlock interest + compound airdrops.

Focus on the BNB ecosystem at $ASTER — it's considered a substitute for BNB in 2017, low price with high potential, just buy it with your eyes closed, waiting for 100U+.

Give up on high-risk meme coins, customer service Xiao He 4 (holding and observing), supplementing with $UNI: DEX leader + full safety margin, deflation + dividend mechanism, can continuously produce golden eggs like BNB, even if ASTER goes for 1000U, UNI at 600U as a base is guaranteed profit.

bnb 5000U
Aster 100u
eth 10000U
BTC 800000U in ten years tenfold,
Double the amount above and convert it all to Bitcoin.

Poor man's cryptocurrency comeback,
Safety is always more important than speed,
Invest regularly on an annual basis,
Always prioritize capital safety,
Slow is fast~

Bitcoin Bull Market Cycle Analysis,
Key Turning Signals
The price dropped from $126,000 to $87,200, a decline of 30%$BTC $ETH $BNB

ETF funds have seen a massive outflow, with $3.55 billion exiting in November
The Fear and Greed Index has fallen to a historical low of 10

Miners have shifted from net accumulation to net selling, with reserves dropping to a historical low
Long-term holders are starting to transfer Bitcoin to short-term holders
Technically confirmed a bearish head and shoulders pattern.

Based on a comprehensive analysis of the Bitcoin market in November 2025, we believe the market is more inclined to be in a transitional phase from bull to bear.

Adopt defensive strategies, significantly reduce positions to below 10%, protect capital, closely monitor key indicators, and wait for clear bottom signals.

This wave of "Silicon Valley's top stream bedroom gathering" focuses on a "cash ability meetup":
It's about to rise, Bitcoin is directly surging

Elon Musk, holding a cigar, started off: "I just calculated, the IPs in the Twitter (X) comment section shouting 'all in' are enough to form a consensus"
Mark Zuckerberg casually said: "Then I'll have all Meta employees change their avatars to 'BTC believers' tonight"
Tim Cook adjusted his glasses: "Apple Wallet can add a 'real-time Bitcoin balance screensaver' feature overnight?"
Lisa Su added: "AMD's new graphics card driver can include an 'one-click full mining power' Easter egg?"
Satya Nadella tapped his coffee cup: "Microsoft Azure can open a 'enterprise-level free bandwidth' channel for the mining farm?"
Sundar Pichai adjusted his glasses: "Google search 'Bitcoin' directly jumps to 'real-time trading live room'?"

Finally, Jensen Huang pulled out his phone: "Enough talk, I just transferred 10 billion U to the exchange, now—let's go!"

The crypto community exploded: "150,000! Is this wave the Avengers of Silicon Valley?"

If your child is around 10 years old, in the future they will enter a 985 undergraduate program, graduate, and work in a state-owned or central enterprise for 20 years to become a middle-level employee, and finally retire as a mid-to-senior level employee.

Sorry, the money your child will earn in their lifetime will not be able to keep up with the value of a Bitcoin. $BTC

Yuval Noah Harari's theory of the 'imagined community' in 'Sapiens: A Brief History of Humankind' provides a sharp interpretation of the commercial world—companies, brands, and even Bitcoin and stocks are essentially virtual entities sustained by 'consensus.' Once the belief collapses, even the largest business empires can fall into chaos in an instant.

Just like those seemingly indestructible giants, they are actually built on consumer trust. If you believe their products are reliable and their brands valuable, their market value will rise; but once their promises fail and their reputations suffer, no matter how good their financial reports look, the market will mercilessly revert them to their true state. Bitcoin is even more so; it has no physical asset backing and relies entirely on the collective belief of global investors to maintain its price. The stronger the consensus, the higher the value, and once trust is shattered, a plunge can occur overnight.

Tesla stock, Moutai stock, Ethereum, BNB, are essentially 'consensus games.' Investors believe that Tesla's technology can change transportation, that Moutai's brand can transcend cycles, and that cryptocurrencies can become the mainstream of future finance. These intertwined beliefs constitute their market value. However, if one day these beliefs are broken—such as Tesla's technological bottlenecks, Moutai's quality controversies, or the regulatory risks of cryptocurrencies, their value will collapse accordingly.

The truth of the commercial world has never been 'the strong get stronger,' but rather 'the believers get stronger.' All virtual commercial symbols ultimately return to the core of 'whether they are believed.' You can build consensus through marketing, technology, and capital, but only by truly delivering value and maintaining trust can this 'imagined community' endure for a long time.

Which brands or assets do you think have the most solid 'consensus'?

Buying Bitcoin, it dropped significantly today, suitable for bottom fishing.
$BTC $BNB $ETH

Charlie, Duan Yongping, Buffett buys stocks, he does it on a 10-year basis,

In the crypto world, Bitcoin for some is on an annual basis,

Some are on a monthly basis,

And some are on a minute-level basis,

There are those who focus on 5 minutes.

This volatility is different,

Everyone's underlying logic for their operations is different.

Today, Bitcoin's market is about to drop below 80.

This fear index is close to breaking 15,
$BTC

It is a very suitable time to get in.

Can you hold 100 dollars?