Why is virtual currency not allowed in the country?
Illegal cryptocurrencies have already perfectly bypassed foreign exchange controls to a certain extent. If cryptocurrencies were allowed legally, it could even directly undermine the Golden Tax Phase IV.
If you sell a house in a first-tier city and receive 5 million cash, and you want to exchange this money for 700,000 USD to transfer abroad.
The bank has a foreign exchange limit of 50,000, and remittances also have a limit of 50,000, which serves as double insurance. It would take 14 years to complete the transfer.
If you use someone else's quota to convert to cash in USD and try to exit the country personally, carrying more than 5,000 will be regulated.
If you use someone else's quota to transfer to your overseas card, exceeding 3 individuals will attract attention. If you want to carry RMB out of the country and then exchange it for foreign currency, an individual can carry no more than 20,000 at a time.
If you want to remit RMB abroad, sorry, you can't remit even a cent. All legal paths you can imagine are blocked. Now back to cryptocurrencies.
If there are no quota restrictions, they can perfectly bypass the system. If there are quota limits, assuming the foreign currency is 50,000 USD, you can utilize someone else's quota. 14 people can help you exchange 5 million RMB and then put it on a USB drive to take abroad. As long as you don’t say anything, no one will know.
In summary: cryptocurrencies, in a sense, are equivalent to precious metals. They have similar properties to precious metals: decentralization and anonymous transactions, which leads to a completely uncontrollable state for centralized national finances.
With the advancement of time, precious metals have gradually withdrawn from circulation, primarily due to physical laws at play. Compared to fiat currencies, they are too inconvenient. However, cryptocurrencies are not constrained by physical laws, making them almost as convenient as payment platforms like Alipay and PayPal.
Even if we set aside the issue of foreign exchange controls, if everyone were really allowed to use cryptocurrencies, the Golden Tax Phase IV would become a joke. Who can tolerate that? #中美贸易谈判 $BTC
【BTC Technical Review】Nick's latest assessment: Weekly Pin Bar + Doji signals a stop in the downtrend, short-term rebound structure is established.
【BTC Technical Review】Nick's latest assessment: Weekly Pin Bar + Doji signals a stop in the downtrend, short-term rebound structure is established. Hey everyone, I'm Nick. Last week, the weekly chart printed a long lower shadow Pin Bar, with strong support around the previous low of $59,000. This week, we once again saw a long lower shadow Doji, signaling a potential stop in the downtrend. The MACD bearish momentum is starting to weaken, and the RSI is also beginning to recover, but the overall trend has yet to confirm a full reversal. Moving forward, the key focus is on whether the bulls can reclaim the neckline around $68,000-$70,000 (the FVG gap). Yesterday, the daily chart printed a big bullish candle, breaking out of the $64,800 bottom consolidation zone with increased volume from the bulls, indicating a solidifying bottom structure. The daily MACD formed a golden cross, and the RSI continues to recover, establishing a short-term rebound structure.
[Ten Boss Live Monitoring] XRPUSDT 10x cross margin short making bank, blogger's real-time performance +601.46%!
Just monitored that Ten Boss is making waves with heavy positions on the XRPUSDT perpetual contract: 10x leverage across the board, currently showing unrealized profit of +2,039,201.69 USDT, with a return of +601.46%! Trade details: Asset: XRPUSDT perpetual 10x cross margin Direction: Short Position size: 1,200,000 XRP Average entry price: $2.83 Current unrealized P&L: +2,039,201.69 USDT Current return: +601.46% Margin used: 135,120 USDT (0.8%) Estimated liquidation price: $282.64 This short position has been spot on from entry to now; after leveraging 10x on a cross margin setup, XRP prices have dropped significantly, quickly amplifying profits. Strict risk management has kept this trade highly secure even in a high-leverage environment.
[Trading Beast No. 2 Live] Partial profit taking on ETHUSDT 10x full position, realized +582,200 USDT!
Just spotted the trading beast No. 2 making moves on the ETHUSDT perpetual contract: going all in with a 10x leverage long position, successfully took some profits on 50% of the position! Trade details: Asset: ETHUSDT perpetual 10x full position Action: Took profits on half of the long position Reduced position: 6,700 ETH (50% of the position) Execution price: $1,673.82 Realized profit: +582,199.67 USDT 🎉 Current remaining position: 6,700 ETH Current return rate: +54.43% Unrealized profit and loss: +578,916.67 USDT This ETH long trade from setup to partial cash-out was spot on with the trend. Even with 10x leverage, we strictly executed a tiered profit-taking strategy to lock in gains, while letting the remaining position run.
[Shuqin Live Trading Signal] SPCX Short + Bitcoin Short Positioning, Low Leverage Scaling In
Today’s market presents good opportunities; Shuqin shared two short signals in the live trading group for everyone's reference. SPCX Short Signal: Direction: Short Entry: First buy around 173, second buy around 183 (scale in) Confidence Level: Medium Leverage: 1x Position: 10% Take Profit: Around 164 (playing it safe), around 152 Stop Loss: We'll see after the market opens Core Reason: SPCX contract market price is severely overvalued by 35% compared to IPO price, presenting clear arbitrage opportunities. Shorting in the short term is favorable. When placing orders, it's advisable to set them just below the resistance zone for better fill rates. Due to frequent false breakdowns and breakouts, I've raised the stop loss a bit and adjusted the risk-reward ratio to significantly increase the win rate.
[SPCXUSDT Live Long Position +48.97%] Professor Wesley's latest achievement: Accurately capturing a surge.
The professor just scored another beautiful long position on SPCXUSDT, currently floating at +48.97%! Trade details: Asset: SPCXUSDT perpetual Direction: Long position Position performance: Significant profits realized, currently still trending Key: Followed the upward trend all the way after entry, steadily expanding profits From the candlestick perspective, this wave of market action started quickly with good volume-price coordination. I anticipated a short-term bounce and decisively positioned myself. Strictly executed position control and take-profit plans allowed profits to run freely. Core insights: High leverage perpetual trading, direction is more important than leverage, and risk management is even more critical than direction. This trade maintained discipline from entry to holding, free from emotional interference, ultimately yielding a nice return.
【BTC Short-Term Rebound Signal】Professor Wesley's Latest Assessment: Expecting a Bounce Here
The current BTC trend is showing signs of a rebound after some consolidation at lower levels. I've clearly pointed out in the group: looking bullish in the short term, expecting a bounce here. From the candlestick structure, the price has found some support around 62000, and after multiple attempts to test lower levels, we’re seeing stabilization signals. Coupled with trading volume and market liquidity, the short-term bullish momentum is gradually picking up, likely leading to a rebound. Trading strategy: Keep an eye on the rebound target, initially looking at the 63000-63500 range above; Set strict stop-loss orders to protect existing positions; During the rebound, consider scaling into long positions gradually with light leverage.
[Oil prices on the rise again, Shuqin's short signal] Scale in at 94, 99, 104, and wait patiently for the gains.
Oil prices have shot back up! Today, I prepped my short orders and am ready to execute. #CrudeOilShortSignal Entry range: 94, 99, 104 - scaling in for the short. Take profit targets: around 90, 95, 97 (set in batches). Trading advice: Set a 1x leverage and just wait patiently. Core logic: Oil prices have been rallying recently, but there's clear resistance above. Given the current macro situation and market sentiment, there's potential for a pullback in the short term. This trade uses a scaling-in approach to minimize entry risk. We've shorted crude oil 7 or 8 times in a row, almost without a loss. This time, it's another golden opportunity handed to us by the market. After setting my limit orders, I won't be glued to the screen; just hold patiently and let the profits run.
[BTC Stealth Short Signal] Entry at 63950-64450, short-term bearish logic analysis
Currently, BTC is at a critical position. After some prior consolidation, there’s significant short-term upward pressure. I posted the #BTC stealth short signal in the group: Entry zone: 63950-64450 Take profit zone: 62600-61150 (can scale out in batches) Stop loss level: 65300 Core logic for going short: Recently, the highs have been under repeated pressure and failed to effectively break through key resistance; Volume indicators show that bullish strength is waning, and after some low-position trading, there’s clear selling pressure above; Considering the current market structure, there’s potential for further downside in the short term, targeting the 62600-61150 area first. This trade is of a stealth nature, suitable for friends who strictly adhere to risk management. The stop loss is set at 65300, the space is manageable, and the risk-reward ratio is reasonable. After entering, please strictly follow discipline—don’t chase or panic, and manage your position well.
【BTC Market Core Review】62250 Lifeline, Entering Low-Range Tug-of-War After Breaking Support
The BTC movement from last night to this morning has been pretty straightforward. In the morning session, we were focused on the 60750 support, which was briefly faked out but didn’t lead to a direct sell-off, indicating there’s still some buying interest below. The issue is that after hitting this level, the bounce only reached around 61900, largely influenced by the CPI data, and the short-term resistance at 62250 hasn’t been broken yet. The original 'weak bounce' script has now switched to a 'low-range tug-of-war after breaking support.' The key level right now is still at 62250. If the price can reclaim 62250, then the break below 60750 can be considered a false breakout, and we might have a chance to challenge 62800 again; but if it drops back below 60750, we can't view it as a normal pullback anymore, and 59080 could be tested at any time.
UNITY ACADEMY June 8th Daily Recap Summary: NEIL $BLESS +105.91% (+14.31 R:R) best trade, total return +132.16%, professional team delivers strong results.
UNITY ACADEMY's daily recap on June 8th once again showcased the academy's high standards. Analyst NEIL scored an impressive long position on $BLESS with +105.91% (+14.31 R:R), earning the title of best trade of the day. The team's overall metrics are impressive: Win rate: 80.00% Total return (win rate): +132.16% Average return per trade (win rate): +26.43% Total R:R (win rate): +17.16 UNITY ACADEMY consistently adheres to a high R:R focus and strict risk management trading philosophy. Through high-quality trades from traders like NEIL, AJMAL, and SVEEZY, we achieve efficient positive returns. This professional, transparent, and sustainable model provides valuable insights for traders.
Hash Professor Wesley's Latest Achievements and Strategies: Stock Account at 7.51M+ (+44.3% Gain), BTC Short Trading in 60-64k Range, Professional Trader Continues to Deliver
Hash Professor Wesley recently shared the latest updates on his stock account: total assets reached 7,518,603.00, with a reference gain of 2,234,071.12 (+44.3%), once again validating the robustness and stability of his long-term trading system. Meanwhile, Professor's got a clear view on the BTC market: it's currently bouncing between 60-64k, and he's mainly sticking to day trading strategies, patiently waiting for a clear directional signal. This ability to synchronize the stock and crypto markets shows the professor's comprehensive expertise and risk awareness. Hash Professor Wesley insists on transparently sharing account performance, trading strategies, and market insights to help community traders enhance their analytical skills and mindset management. Whether it's long-term stock appreciation or high-probability short trades in crypto, traders can gain real insights from the professor's shares.
Dr. Profit's latest BTC strategy insights: Heavy liquidity zone at 53-57k, insufficient below at 40-50k, mainly sideways accumulation, professional analysis ongoing.
Dr. Profit gives an in-depth analysis of the BTC market today: there's a ton of liquidity between 53-57k, but the liquidity below in the 40-50k range is lacking. So, the market needs to consolidate sideways to build up more liquidity down below for a potential downward trend later. Dr. Profit believes that only after the liquidity below is sufficiently replenished will market makers have more motivation to push prices down. This analysis is clear and well-structured, highlighting the necessity of the current consolidation while providing traders with a clear range reference (focus on the 53-57k zone).
Teacher Shuqin's precise BTC short setup! 10x leverage entry around 64.5k-65k, strict risk control + multi-tier take-profit, a model of rational trading
Teacher Shuqin released the latest BTC short signal in the group today: the strategy is to go short, entry range around 64,500-65,000, leverage 10x, position size 10%. Take profit setup: TP1: close to around 63,000 (playing it safe) TP2: around 61,500 TP3: around 60,000 Set the stop-loss just above the minor breakout at 65,600. Teacher Shuqin reminds: avoid placing orders at round numbers to increase fill probability, and placing orders below the resistance zone makes it easier to fill. Teacher Shuqin's logic for this short is clear and strong: 65,000 is a key resistance level from previous consolidation, so setting shorts below this level has a higher win rate. Additionally, considering the current market's tendency for false breakdowns, the teacher proactively raised the stop-loss and lowered the take-profit, significantly improving the overall win rate. This rigorous risk management and attention to detail are standout characteristics of Teacher Shuqin's trading style.
Coach Poem's Latest June Performance Summary: BTC + ETH single trades exceeding 600,000 USDT, multi-asset high-leverage winning streak, comprehensive validation of a professional trading system.
In the past few days, Coach Poem has been releasing multiple high-leverage trades on Wall Street Aggregation, covering mainstream and popular assets like BTC, ETH, SOL, XAU, XRP, INJ, DOGE, HYPE, all yielding significant profits with an astonishing total return scale. Representative Achievements: BTC 100x: +226,101.43 USDT ETH 100x: +385,531.90 USDT (+4765.15%) SOL 70x: +1684.96% XAU 100x: +612.92% XRP 30x: +530.67% INJ 40x: +1086.66% DOGE 50x: +1078.58% HYPE 50x: +662.99% These results are no coincidence; they are the systematic outcomes of Coach Poem's long-term commitment to trend trading + strict risk management + multi-asset rotation + excellent mindset management. Coach Poem not only dares to take risks but also focuses on iterative learning, helping community traders enhance their understanding and execution through transparent sharing.
NEIL's precise harvest! BLESSUSDT 16x leverage +1693.90%, fully closing runner to lock in substantial profits, UNITY ACADEMY proves its strength again.
UNITY ACADEMY trader NEIL today released his latest live trading action: going long on the BLESSUSDT perpetual contract with 16x leverage, achieving an astonishing +1693.90% profit on a single trade before promptly closing the runner. Entry Price: 0.004199 Mark Price: 0.008646 NEIL clearly indicated in the signals, "Closing my BLESS runner fully," locking in all profits in a clean and decisive manner. This move once again showcases his excellent trend-catching skills and strict take-profit discipline, being aggressive in a high-leverage environment while also knowing when to cash out.
Crypto Big Shot's Professional BTC Cycle Analysis: Short-term Bounce vs Long-term Pressure, $59,000 Lifeline and $66,000 Previous High as Key Watershed
Crypto Big Shot just dropped an in-depth BTC market report today, systematically breaking down short, medium, and long-term cycles: Short-term (4H): Signs of a bounce after a drop have appeared, breaking the short-term downtrend line, aiming to test resistance at $64,000-$65,000, with key support at $61,500. Daily level: Still in a downtrend, there's a short-term rebound repair demand, but we need to reclaim the previous high neckline at $66,000 to confirm an improvement in the trend. Long-term cycle: The previous 'uptrend structure' has officially broken down, with $59,000 becoming the current critical lifeline support. If we can't effectively reclaim $66,000 later on, the longer cycle will remain under pressure.
UNITY ACADEMY Daily Review June 5: PRESTIGE $ZEC short +47.64% (+3.00 R:R) becomes the best trade, total profit +48.76%!
On June 5, 2026, the UNITY ACADEMY team continued to deliver in a volatile market, with PRESTIGE analysts' $ZEC short trade performing exceptionally well, achieving +47.64% profit and a risk-reward ratio of +3.00 R:R, making it the best trade of the day. Today's VIP trading highlights: PRESTIGE: $ZEC short +47.64% (+3.00 R:R) Other members are making long and short attempts on BTC, TAO, FORM, and other assets. Despite a win rate of 28.57% today, thanks to PRESTIGE's high R:R quality trades, the total profit (win rate) still reached +48.76%, with an average profit of +6.96% per trade. This fully reflects UNITY ACADEMY's trading philosophy of 'letting quality trades run' and strict R:R risk management.
Hash professor Wesley executes precisely again! After taking profits on MU/SNK, transitioning to a new position, full marks for trading discipline.
Hash professor Wesley has once again demonstrated his professional standards in today's trading: decisively took profits at MU 850 and SNK 1520, then quickly adjusted to open a new position on the BN platform due to excessive premiums, keeping the position active. The professor's trading logic is clear and transparent: Stick to your preset take-profit points, never get greedy for higher profits. Stay vigilant about market premium risks. Quickly reallocate after taking profits, maximizing capital efficiency. This style of 'taking profits but not cutting losses, flexibly switching' is particularly useful in the current volatile market. Hash professor Wesley not only trades steadily himself but also helps members execute in real-time through group signals, enhancing overall trading performance.