财神爷的独生子222

I'm so angry, damn it

Awesome

On February 18, Glassnode announced on social media that the 'realized profit to market cap ratio (30-day moving average) for BTC has significantly retreated, digesting most of the previous profit-taking. However, this indicator is still above the historical 'panic selling zone.' This suggests that the profit-taking behavior in the market is cooling down, but has not yet entered a widespread capitulation selling phase.

ChainCatcher message, according to Coinglass data, Bitcoin maintains a range-bound trend, briefly recovering to break 70,000 USD. Current funding rates on mainstream CEX and DEX show the market has once again turned bearish, with specific funding rates shown in the attached image.

Funding rates are the fees set by cryptocurrency trading platforms to maintain the balance between contract prices and the prices of underlying assets, typically applicable to perpetual contracts. It is a mechanism for the exchange of funds between long and short traders, and trading platforms do not charge this fee; it is used to adjust the cost or return of the contracts held by traders to keep the contract prices close to the prices of the underlying assets. When the funding rate is 0.01%, it represents the benchmark rate. When the funding rate is greater than 0.01%, it indicates that the market is generally bullish. When the funding rate is less than 0.005%, it indicates that the market is generally bearish.

ChainCatcher news, according to Jinshi reports, the U.S. non-farm payrolls unexpectedly surged, impacting the U.S. bond market, as traders cut back on bets for a rate cut by the Federal Reserve this year. Short-term government bonds were hit hardest, with the two-year Treasury yield rising by 6 basis points to around 3.51%. The money market currently expects the Fed's next rate cut to occur in July, rather than the previously anticipated June.

After the U.S. stock market closed flat, Asian stock index futures showed mixed trends. Futures indicate that the Japanese stock market is expected to rise after reopening on Thursday following a holiday, while the Australian benchmark stock index contract shows a decline. These fluctuations suggest that the current strength of the U.S. economy is offsetting the market's desire for lower borrowing costs, supporting risk sentiment.

eToro's Bret Kenwell stated that investors should welcome the U.S. employment report, even if it gives the Fed more room to keep interest rates unchanged. He pointed out, "If the labor market does stabilize, that would be constructive for both the economy and the market."

BlockBeats news, February 7, Argentine famous economist and senior crypto trader Alex Krüger stated on social media that this round of the crypto bear market is not caused by a single factor. He summarized the 15 major factors that led to the abrupt downturn, mainly including: "1011" major liquidation, cold stock market of treasury companies, quantum threats, AI substitution effects (capital, talent, mining companies turning to AI), Trump's political risks, scarcity of innovation in the crypto industry, excessive incremental token supply, nomination of Waller as the new Federal Reserve chairman, etc.

The above views were supported and shared by Nic Carter, the father of smart contracts and co-founder of Castle Island Ventures. Nic Carter believes that this crypto bear market should not be attributed to a single event, and many of the 15 factors mentioned above are quite tricky.

ChainCatcher message, according to Coinglass data, the current position of whales on the Hyperliquid platform is 2.817 billion USD, with long positions of 1.307 billion USD, accounting for 46.38% of the total positions, and short positions of 1.511 billion USD, accounting for 53.62%. Long position profit and loss is -147 million USD, and short position profit and loss is 310 million USD.

Among them, the whale address 0xa5b0..41 has opened a long position on ETH with 15x leverage at a price of 2239.8 USD, currently realizing an unrealized profit and loss of -19.0322 million USD.

BlockBeats news, on January 28, according to the Financial Times, as gold prices reach record highs, Tether, the world's largest stablecoin company, has seen its gold holdings appreciate by over $5 billion.

According to estimates by Jefferies based on data disclosed by Tether, as of the end of September, Tether held approximately 116 tons of gold, which was valued at about $14.4 billion at that time. Last September, the price of gold was $3,858 per ounce, but due to rising geopolitical uncertainty and a rush of investors into safe-haven assets, it has now soared to over $5,200, indicating that Tether has realized an appreciation of over $5 billion on this portion of its holdings.

Tether stated this week that in the fourth quarter of last year, it further purchased 27 tons of gold bars to back its stablecoin, and just this year, this newly added holding has appreciated by at least $700 million.

BlockBeats news, on January 24, Bloomberg's senior ETF analyst Eric Balchunas analyzed that the recent performance of the silver ETF SLV has been "quite exaggerated," but the net inflow of funds in the past 6 months is only about 1 billion dollars, which does not match its increase.

In contrast, the Bitcoin spot ETF IBIT has still accumulated over 6 billion dollars in fund inflows despite a price pullback of about 24%. Balchunas believes this is a "very good sign" for Bitcoin's long-term prospects.

He pointed out that when the market environment is favorable, any ETF can attract funds, but the ones that can continue to attract capital during prolonged downturns and increased volatility are the truly "strong" star ETFs.

What's going on? It went up for a week and then dropped in just 3 hours.

It's time to rebound, go in more.

Eat meat

Get 100,000!

I actually ate it, brothers, what about you?

With many, do not let it go to waste.

I really want to get 100,000, is it possible?

This market situation is truly drawing doors every day

Brothers, do you have this?

1. South Korea's Ministry of Finance: South Korea will launch spot ETFs for digital assets;

2. Spot Bitcoin ETFs saw a net outflow of $399 million yesterday, marking the third consecutive day of net outflows;

3. Spot Ethereum ETFs recorded a net outflow of $159 million yesterday, with BlackRock's ETHA leading the outflow at $108 million;

4. Zcash Foundation: Zcash is not controlled by any single entity and its codebase is open-source;

5. Truebit Protocol: Has contacted law enforcement authorities to address the malicious attack incident; avoid interacting with affected contracts;

6. A trader who previously made $2.07 million on GOAT spent $105,000 betting that the Iranian regime would fall before January 31;

7. Caixin: Digital RMB smart contracts differ from Ethereum's smart contracts and are not built on a blockchain network;

8. A whale who bought WBTC for $110,000 may be liquidating holdings, having incurred nearly $7.5 million in losses over three months;

9. 'I Fucking Came' briefly surpassed a market cap of $16 million, with a 24-hour increase exceeding 500%;

One more push, short-term bullish, long-term bearish.