It still has to be Sister Wood! It still has to be the foreigner! Their criticism and our criticism are two different matters for Binance; the former really cannot be offended.
This time, facing the overwhelming condemnation from the overseas market, Binance couldn't take it anymore and started using the $1 billion SAFU fund to buy BTC.
We know that this amount is only enough to buy 10,000 BTC, and averaged over the next thirty days, it won't move the market at all. So in my opinion, it’s more of a statement from Binance to the public market.
We are long-term builders, continuously dollar-cost averaging into BTC.
This step is not wrong; I believe the foreigners also appreciate this kind of response, after all, we have MicroStrategy as a precedent to learn from.
Additionally, it is worth noting that CZ not only did not forward this open letter, but just now, he shared the statement from BitMEX co-founder Authur Hayes:
"In the past few weeks, dollar liquidity has decreased by about $300 billion, mainly due to an increase of $200 billion in the U.S. Treasury General Account (TGA).
The government may be raising cash reserves to ensure spending in response to a potential shutdown. In this context, the drop in Bitcoin is not surprising, as it coincides with the contraction of dollar liquidity."
This indicates that CZ wants to express that he understands everyone’s bad mood during the downturn in the crypto market. Binance acknowledges its mistakes in the 10.11 incident and is willing to put out $1 billion to buy BTC.
However, what truly causes the crypto market to decline are cycles, the tightening of dollar liquidity, and multiple factors such as the imminent shutdown of the U.S. government, rather than the trouble caused by Binance alone.
Now we are also showing our sincerity and responsibility. As for how the market will move later, it is up to the market itself to decide. We cannot control it. I hope retail investors can understand this and not keep blaming me.
The dish should be practiced more. The dentist does not understand inventory management. 2x betting. How could it possibly go bankrupt. $
AU萧沐晨
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Bullish
Liquidation of dentists, liquidating all shorts, gold is so willful Many people think that gold is high and short, but they don't know that gold has no opposing positions anymore. It seems that the dentist was just one day away from turning their fate around, but one can only say that is a big mistake. In a highly leveraged short position, you will only be strangled! It’s like being a small fish among a bunch of sharks; if they don't eat you, who will? You have to learn to survive. Global central banks, hot money, and interest are all focused on gold; today's gold is no longer traditional logic. It is no longer a store of value but a high-risk asset, with volatility levels more than ten times that of the past. Can it drop 20-30 points in just one minute? When have you ever seen such market behavior? Only when major non-farm payroll data is released, but now it has become basic operation. It just dropped to 5100, and it seems that the basic bottom-fishing initiated by AU has been successful. Long positions with a small amount at 5300. Adding more at 5000 points. Today's gold is about buying the dips; the 5000 points will continue to fluctuate and build a bottom, in order to better rally in the future #黄金 .
Liquidation of dentists, liquidating all shorts, gold is so willful Many people think that gold is high and short, but they don't know that gold has no opposing positions anymore. It seems that the dentist was just one day away from turning their fate around, but one can only say that is a big mistake. In a highly leveraged short position, you will only be strangled! It’s like being a small fish among a bunch of sharks; if they don't eat you, who will? You have to learn to survive. Global central banks, hot money, and interest are all focused on gold; today's gold is no longer traditional logic. It is no longer a store of value but a high-risk asset, with volatility levels more than ten times that of the past. Can it drop 20-30 points in just one minute? When have you ever seen such market behavior? Only when major non-farm payroll data is released, but now it has become basic operation. It just dropped to 5100, and it seems that the basic bottom-fishing initiated by AU has been successful. Long positions with a small amount at 5300. Adding more at 5000 points. Today's gold is about buying the dips; the 5000 points will continue to fluctuate and build a bottom, in order to better rally in the future #黄金 .
$XAU The gold frenzy continues! Where do you plan to place your bets? Gold prices continue to soar. There are no signs of a pullback. It's time to lock in profits. • For stability, pay attention to $PAXG • Consider precious metal alternatives like $XAU and $XAG. The market is changing. Don't get left behind in this metal frenzy. #Gold #PAXG #XAU #CryptoTrading 📈$BNB
$XAU #usd1 Double-layer protection. Double-layer income. Beautifully entering the pocket. Hedging contract fund arbitrage. Gold contract short. Interest rate fees can sometimes yield good returns annually. Remember to buy paxg spot. One to one. Do not be greedy, earn forever $XAU Tesla is coming soon.
Every serious creator should be continuously seen. In the last round of the 100 BNB creator incentive program, we saw too much quality content, genuine opinions, and high-quality interactions, and we also saw creators constantly pushing their limits in Binance Square. But this is not enough. To continue amplifying the value of quality content, and to let more truly capable creators be seen—we have decided: another 200 BNB will be given away! A warm welcome to the New Year! The 200 BNB bonus incentive is officially launched: Keep sprinting, keep rolling out content, break out the next hit, “horse” money is here, only to discover quality content creators.
Kamino is a liquidity management protocol on Solana, now supporting the USD1 stablecoin pegged to the US dollar. According to NS3, users can use USD1 as collateral for loans within the Solana ecosystem. USD1 is issued by the DeFi protocol World Liberty Financial, associated with the Trump family.
Following the dentist to stabilize the situation is not as good as investing and earning some pocket money. 1 million in, a few thousand a month is enough to spend.
Really admire the dentist, first gathered 1000 people, and after sending out 'gone for a long time', immediately led these 1000 people to total annihilation. This time, the second large-scale liquidation plan of 1000 people has a different gimmick, changing from 'brother' to 'dad', upgraded.