Does ending QT mean a bull market is about to start?
After the end of QT at the end of July 2019, there were a few days of good market performance Then it began a torturous up-and-down struggle Before QE started, there was another 312 black swan event that caused a crash
Some say it might be caused by the pandemic Actually, I looked into it, and the pandemic has been on the rise since it began
312 was a sudden event. If we don't consider it After the last end of QT, there were also several pullbacks for the short sellers to exit
mNAV=Market capitalization of stocks / Market capitalization of Bitcoin held Theoretically, it should be that stocks rise and Bitcoin falls
I checked the charts for MSTR and BTC I found that in the two years from the peak in 2021 to the middle of 2024 MSTR's performance is weaker than BTC's In 2024, the market started to show significant strength before it spiraled up
Theoretically, as long as MSTR is stronger than BTC, that's fine But looking at the current trend, it seems that MSTR is returning to reasonable value So MicroStrategy is very likely this bear market's thunder? $BTC $ETH
In simple terms, the CEO of MicroStrategy indicated that if the mNAV falls below 1, they will consider selling Bitcoin. This is actually a foreseeable situation that could happen; previously, everyone discussed under what circumstances these cryptocurrency stock companies might encounter problems, such as a crash or a sell-off.
Currently, the mNAV is approximately 1.13. If the situation deteriorates, it is very likely that both cryptocurrencies and stocks will suffer simultaneously, leading to a spiral decline. The amount held by MicroStrategy could indeed trigger this crash.
Federal Reserve's Williams states he still believes there is room for interest rate cuts in the near term, leading to an increase in U.S. Treasury yields. Spot gold briefly rose by nearly $10 (Jin Shi Data APP)
So why is $TNSR pulling the market? I only know that this is an NFT trading platform on Solana. I haven't used this thing much before; the market value seems to be just over 100 million.
Group friends played with digital collectibles, but the technology was blocked Customer service required a handwritten reflection and guarantee letter along with a fingerprint What kind of culture is this, damn it, hahahahaha
I met a project manager sister who is about 35 years old. We have been chatting well for more than half a year, and today she suggested meeting in person. I hesitated. I said, 'We both have partners, it doesn't feel right,' but she said it was fine, and we could just be ordinary friends. So I agreed, asked her for a photo, and she looks very beautiful. She is not far from my city, and we agreed to meet at a coffee shop, avoiding other places in case we ran into acquaintances. I arrived first that day because she needed to drive for three hours. I thought the waiting time would be awkward, especially since most phones have beauty features. However, when she got out of her Porsche, I recognized her immediately; she was even more beautiful than in the photo and exactly my type. She recognized me too, and we didn't know what to say. To break the ice, she suggested a hug, and I said okay.
My heart was pounding. After sitting in the coffee shop for a while, we went to eat. She hardly ate anything and spent the whole time serving me food. After the meal, she asked me what I was doing now. I told her I was promoting Binance and the Binance wallet, and if she needed a discount on transaction fees, she could use my referral code MOON6626 for discounts on both the platform and the wallet, with a maximum of 30% off on fees!
I don't quite understand the drop tonight Because theoretically, today's big bullish line is a strategic necessity The door is open, work has started, and Trump hasn't said a word? If we can't wait for the big bullish line again tonight, it will really be a waste
Laughing to death, the US government also plays word games $2000 is not free money They might give you a tax reduction voucher For every $2000, 10 tax reduction vouchers of $200? $BTC $ETH