BTV_Michael
Verified Creator
Web3媒体人，大饼 & $DOGE 坚定持有者，Bitcoin TV是面向亚洲和新兴市场的 Web3 流量入口。Michael是web3自媒体Bitcoin TV的主理人，拥有25年新闻媒体从业经验与10年Web3深耕经历，其独特的“第一性原理”思维模式与大众传播经验，频道覆盖东亚及东南亚，全网受众超过60万人。
24 Following
4.8K+ Followers
2.1K+ Liked
415 Shared
All
Quotes
Videos
Live
See original
[Live Review] Market Overview + Connection with Strategy Provider: Dissecting How 'Winning' Can Securely Make Money While Protecting Your Financial Privacy
👉 Market Overview and Q&A Current Market: The panic selling is nearing its end, but in the short term, it will be a volatile consolidation (exchanging time for space). We have reduced our position by 50% at 95000, maintaining our bottom position.
Mindset Building: 'Bull Market Often Needs More Pins', the current pullback is normal. The buying power below 80,000 for Bitcoin is strong, and I am fully confident in the upcoming long bull market.
✨ 'Winning' Security Ultimate Answer: Why is it said to be 'Simplicity is the Ultimate Sophistication'?
We connected live with Eric, the core strategy provider of 'Winning'. He directly addressed the most concerning security issues:
Mindset Building: 'Bull Market Often Needs More Pins', the current pullback is normal. The buying power below 80,000 for Bitcoin is strong, and I am fully confident in the upcoming long bull market.
✨ 'Winning' Security Ultimate Answer: Why is it said to be 'Simplicity is the Ultimate Sophistication'?
We connected live with Eric, the core strategy provider of 'Winning'. He directly addressed the most concerning security issues:
See original
It's quite emotional. In 2023, it was generally believed that we were in a process of transitioning to a bull market within the four-year cycle concept.
Looking back now, December 2023 was actually when the bull market began to rise, but at that time, it was easy to judge that we were in a position where it seemed like a stretch to unload, especially since there was still a long time before the halving and the stereotypical impression of a bull market a year after the halving.
That year, there were two major events regarding Binance:
1. Binance paid a staggering $4.3 billion fine.
2. Founder CZ admitted to violating U.S. anti-money laundering laws and resigned as CEO.
I don't need to elaborate on the impact of these two events; I only remember that many people thought there would be a run on Binance.
However, Binance responded directly to the doubts of "insolvency" by proving their assets publicly and committing to transparency, publishing hot and cold wallet addresses, and using on-chain verifiable data, which was key in preventing a run on the exchange.
These measures quickly took effect, and the outflow of funds slowed significantly within a week, turning into a net inflow. By early December, Binance had regained over $3 billion in net inflow, and its market share stabilized. This is also why Binance has been ranked first globally for several consecutive years, with the most user assets in the cryptocurrency exchange market.
From this perspective, we can jokingly say that Binance's sufficient "thickness" has brought about the "early" bull market 🤣. If Binance had collapsed, it would truly have been a bleak winter with no light ahead.
Looking back now, December 2023 was actually when the bull market began to rise, but at that time, it was easy to judge that we were in a position where it seemed like a stretch to unload, especially since there was still a long time before the halving and the stereotypical impression of a bull market a year after the halving.
That year, there were two major events regarding Binance:
1. Binance paid a staggering $4.3 billion fine.
2. Founder CZ admitted to violating U.S. anti-money laundering laws and resigned as CEO.
I don't need to elaborate on the impact of these two events; I only remember that many people thought there would be a run on Binance.
However, Binance responded directly to the doubts of "insolvency" by proving their assets publicly and committing to transparency, publishing hot and cold wallet addresses, and using on-chain verifiable data, which was key in preventing a run on the exchange.
These measures quickly took effect, and the outflow of funds slowed significantly within a week, turning into a net inflow. By early December, Binance had regained over $3 billion in net inflow, and its market share stabilized. This is also why Binance has been ranked first globally for several consecutive years, with the most user assets in the cryptocurrency exchange market.
From this perspective, we can jokingly say that Binance's sufficient "thickness" has brought about the "early" bull market 🤣. If Binance had collapsed, it would truly have been a bleak winter with no light ahead.
See original
Some thoughts and assumptions about DOGE recently
DOGE has seemed to be invisible during this time
As a long-term investor in DOGE, my current mindset is as volatile as its price movements...
First, let's state the facts:
1. Over the past two months, there have been repeated fluctuations, continuously oscillating within the key range of $0.13-$0.15, and has been unable to effectively break through the strong resistance level of $0.15-$0.16. The overall sentiment of DOGE holders has begun to lean towards 'fear,' and if this continues, it is likely to be accompanied by a wave of careless short positions that will make the price even more difficult.
2. The price of DOGE is primarily driven by community sentiment and social media, rather than solid protocol-level utility. In simple terms, it depends on whether Musk is calling or not, whether POW can gain more positive news on the information level. Any real news that helps DOGE gain application will be the driving force for an increase, but right now it’s all just speculation.
As a long-term investor in DOGE, my current mindset is as volatile as its price movements...
First, let's state the facts:
1. Over the past two months, there have been repeated fluctuations, continuously oscillating within the key range of $0.13-$0.15, and has been unable to effectively break through the strong resistance level of $0.15-$0.16. The overall sentiment of DOGE holders has begun to lean towards 'fear,' and if this continues, it is likely to be accompanied by a wave of careless short positions that will make the price even more difficult.
2. The price of DOGE is primarily driven by community sentiment and social media, rather than solid protocol-level utility. In simple terms, it depends on whether Musk is calling or not, whether POW can gain more positive news on the information level. Any real news that helps DOGE gain application will be the driving force for an increase, but right now it’s all just speculation.
See original
It's quite emotional. In 2023, it should have been a process where everyone generally believed that we were transitioning towards a bull market in the four-year cycle concept.
Looking back now, December 2023 was actually when the bull started to rise, but at that time, it was easy to judge this position as just a stretch for profit-taking, especially since there was still a long time to go before the halving and the stereotypical one-year bull market after the halving.
That year, there were two major events regarding Binance:
1. Binance paid a staggering $4.3 billion fine.
2. Founder CZ admitted to violating U.S. anti-money laundering laws and resigned as CEO.
I don't need to elaborate on the impact of these two events; I just remember many people thought Binance would face a bank run.
However, Binance responded to the doubts of “insolvency” through public asset proof and commitments, publishing hot and cold wallet addresses, and using on-chain verifiable data to demonstrate their ample solvency, which was key in preventing a bank run.
These measures quickly proved effective, as fund outflows slowed rapidly within a week and turned into net inflows. By early December, Binance had recovered over $3 billion in net fund inflows, and its market share stabilized. This is also why Binance has ranked first globally for several consecutive years as the cryptocurrency exchange with the most user assets.
From this perspective, we can jokingly say that it was Binance's sufficient “thickness” that brought about the “early” bull market 🤣. If Binance had collapsed, it would have truly been a harsh winter, dark and bleak.
Looking back now, December 2023 was actually when the bull started to rise, but at that time, it was easy to judge this position as just a stretch for profit-taking, especially since there was still a long time to go before the halving and the stereotypical one-year bull market after the halving.
That year, there were two major events regarding Binance:
1. Binance paid a staggering $4.3 billion fine.
2. Founder CZ admitted to violating U.S. anti-money laundering laws and resigned as CEO.
I don't need to elaborate on the impact of these two events; I just remember many people thought Binance would face a bank run.
However, Binance responded to the doubts of “insolvency” through public asset proof and commitments, publishing hot and cold wallet addresses, and using on-chain verifiable data to demonstrate their ample solvency, which was key in preventing a bank run.
These measures quickly proved effective, as fund outflows slowed rapidly within a week and turned into net inflows. By early December, Binance had recovered over $3 billion in net fund inflows, and its market share stabilized. This is also why Binance has ranked first globally for several consecutive years as the cryptocurrency exchange with the most user assets.
From this perspective, we can jokingly say that it was Binance's sufficient “thickness” that brought about the “early” bull market 🤣. If Binance had collapsed, it would have truly been a harsh winter, dark and bleak.
See original
Heaven will bestow great responsibilities on this person; they must first be a person.
The suffering experienced will lead to endless suffering.
Difficulties are like springs; if you are weak, the spring has no interest in bouncing you.
Difficulties are like springs; if you are strong, the spring will bounce you away.
The best way to face difficulties is not to overcome them, but to avoid them. Only when you cannot avoid them should you overcome them.
Today's fear & greed index 29
Friends, let's meet again when we are at 92.
The suffering experienced will lead to endless suffering.
Difficulties are like springs; if you are weak, the spring has no interest in bouncing you.
Difficulties are like springs; if you are strong, the spring will bounce you away.
The best way to face difficulties is not to overcome them, but to avoid them. Only when you cannot avoid them should you overcome them.
Today's fear & greed index 29
Friends, let's meet again when we are at 92.
See original
Bear-Bull Critical Zone, Stablecoin Inflow Halved, Can Bitcoin Reverse Its Weakness?
The flow of stablecoins has pressured Bitcoin
Bitcoin has recently dropped like this; it's unfair to say it’s uncooperative. The problem is simply that the market is poor. Stablecoins are the 'lifeblood' of the entire crypto circle, but since August, ERC-20
The 7-day average inflow of stablecoins to exchanges has dropped from $158 billion to $76 billion. This is not just anemia; it’s a direct loss of half. Even the 90-day average has slid from $130 billion to $118 billion, completely declaring: this market is long-term water-scarce. Without money, don’t expect to pull hard; Bitcoin occasionally bounces back, relying on 'fewer sellers,' not 'more buyers.' So don’t expect to rely on good news to roar out a bull market; the stablecoin fleet needs to return for the bull market to have fuel; until then, Bitcoin can only bang its head and sigh under the liquidity ceiling.
Bitcoin has recently dropped like this; it's unfair to say it’s uncooperative. The problem is simply that the market is poor. Stablecoins are the 'lifeblood' of the entire crypto circle, but since August, ERC-20
The 7-day average inflow of stablecoins to exchanges has dropped from $158 billion to $76 billion. This is not just anemia; it’s a direct loss of half. Even the 90-day average has slid from $130 billion to $118 billion, completely declaring: this market is long-term water-scarce. Without money, don’t expect to pull hard; Bitcoin occasionally bounces back, relying on 'fewer sellers,' not 'more buyers.' So don’t expect to rely on good news to roar out a bull market; the stablecoin fleet needs to return for the bull market to have fuel; until then, Bitcoin can only bang its head and sigh under the liquidity ceiling.
See original
The drama of 'Good News Pushing High', Regulators Sending Good News
Frequent good news causes Bitcoin to drop
With the Federal Reserve's interest rate cut wind blowing, last night the US stock market and the crypto circle rose together, with Bitcoin surging from $90,000 to $94,000, only to be slapped back down to $92,000 at the peak, the high selling pressure directly tells you: “Don’t think you can fly to the sky all at once.” The regulators are indeed crazily sending good news: the US OCC issued a document 1188, directly nodding to allow banks to engage in ‘no inventory risk’ crypto matchmaking business; the SEC Chairman Gary Gensler even stated that next year they will accelerate token classification, Project Crypto, and innovation exemptions, a complete operation much friendlier than the previous administration. It was thought that BTC would take off, but in the end, it played out the old drama of “good news pushing high, liquidation landing.” Before the FOMC results came out, the funding sentiment was still one sentence: if you can lie down, don’t rush.
With the Federal Reserve's interest rate cut wind blowing, last night the US stock market and the crypto circle rose together, with Bitcoin surging from $90,000 to $94,000, only to be slapped back down to $92,000 at the peak, the high selling pressure directly tells you: “Don’t think you can fly to the sky all at once.” The regulators are indeed crazily sending good news: the US OCC issued a document 1188, directly nodding to allow banks to engage in ‘no inventory risk’ crypto matchmaking business; the SEC Chairman Gary Gensler even stated that next year they will accelerate token classification, Project Crypto, and innovation exemptions, a complete operation much friendlier than the previous administration. It was thought that BTC would take off, but in the end, it played out the old drama of “good news pushing high, liquidation landing.” Before the FOMC results came out, the funding sentiment was still one sentence: if you can lie down, don’t rush.
See original
More than half of the Federal Reserve agrees to lower interest rates, but there is no rush to do so.
As shown in the figure.
The strong demand for interest rate cuts from the Trump faction clashes with the data-driven Federal Reserve.
Why is Trump so eager to lower interest rates?
The main goal is still to stimulate economic growth and employment, temporarily relieve social pressure, and secure votes for the midterm elections.
But can lowering interest rates really improve the economic environment?
According to data, inflation is still below target, remaining around 3%. The Federal Reserve is concerned that continuous interest rate cuts may quickly bring inflation back to previous high levels, making this year seem like a wasted effort.
This also includes some judgments about interest rates and comparisons of economic data, not to be elaborated on for now. We mention a more important reason: the face of the Federal Reserve.
The strong demand for interest rate cuts from the Trump faction clashes with the data-driven Federal Reserve.
Why is Trump so eager to lower interest rates?
The main goal is still to stimulate economic growth and employment, temporarily relieve social pressure, and secure votes for the midterm elections.
But can lowering interest rates really improve the economic environment?
According to data, inflation is still below target, remaining around 3%. The Federal Reserve is concerned that continuous interest rate cuts may quickly bring inflation back to previous high levels, making this year seem like a wasted effort.
This also includes some judgments about interest rates and comparisons of economic data, not to be elaborated on for now. We mention a more important reason: the face of the Federal Reserve.
See original
Bitcoin ETF Weakens, Ethereum is Different
Bitcoin stabilizes funds but is about to explode
The cryptocurrency market data platform Santiment reveals that although Bitcoin is fluctuating in the $90,000 range, the on-chain structure is unusually strong: 403,200 Bitcoins have flowed out over the year, and the total supply has decreased by 2.09%, indicating that the market is actively withdrawing from exchanges, with selling pressure continuously decreasing. In stark contrast, the ETF side is experiencing a 'funds standstill': GBTC and FBTC have seen consecutive outflows, and the pace of new capital entering has slowed, as institutions generally wait for guidance on interest rate cuts from the Federal Reserve. If the Federal Reserve adopts a hawkish tone, the market will enter a short-term volatility game; if it releases dovish signals or even accelerates the path, incremental funds may quickly flow back, reigniting the 'liquidity cycle'. Therefore, the weakness of ETFs seems more like a silence before policy changes rather than a trend reversal, and the true direction of the market still rests in the hands of the Federal Reserve.
The cryptocurrency market data platform Santiment reveals that although Bitcoin is fluctuating in the $90,000 range, the on-chain structure is unusually strong: 403,200 Bitcoins have flowed out over the year, and the total supply has decreased by 2.09%, indicating that the market is actively withdrawing from exchanges, with selling pressure continuously decreasing. In stark contrast, the ETF side is experiencing a 'funds standstill': GBTC and FBTC have seen consecutive outflows, and the pace of new capital entering has slowed, as institutions generally wait for guidance on interest rate cuts from the Federal Reserve. If the Federal Reserve adopts a hawkish tone, the market will enter a short-term volatility game; if it releases dovish signals or even accelerates the path, incremental funds may quickly flow back, reigniting the 'liquidity cycle'. Therefore, the weakness of ETFs seems more like a silence before policy changes rather than a trend reversal, and the true direction of the market still rests in the hands of the Federal Reserve.
See original
Bitcoin buying power strengthens
Is the market looking at money instead of interest?
The FOMC is about to meet again, and the market is now basically treating a "25bp rate cut" as the answer, with an 82.8% probability. But the question has never been whether they will cut rates, but whether Bitcoin will experience another "rise then fall". September and October are living textbooks: before the news is released, it surges quickly, but once the news is out, it drops even faster, thoroughly exemplifying "buy the expectation, sell the fact". Will this time be the same? Watch two things: is money coming in, and is leverage blowing up? If exchange reserves increase, Bitcoin is more resilient; if reserves drop, any rebound relies solely on hype. Once the financing rate turns positive, it indicates that bulls are all crowded at the door waiting for a meal, and any fluctuation could lead to liquidation and being kicked out. If the funds remain neutrally stable, the market's temperament will naturally be much more stable. So don’t place your bets on the meeting results; whether the market can perform well depends entirely on "is there money, and is leverage stable". If you want to live a little longer: first, reduce your positions and come up with three plans.
The FOMC is about to meet again, and the market is now basically treating a "25bp rate cut" as the answer, with an 82.8% probability. But the question has never been whether they will cut rates, but whether Bitcoin will experience another "rise then fall". September and October are living textbooks: before the news is released, it surges quickly, but once the news is out, it drops even faster, thoroughly exemplifying "buy the expectation, sell the fact". Will this time be the same? Watch two things: is money coming in, and is leverage blowing up? If exchange reserves increase, Bitcoin is more resilient; if reserves drop, any rebound relies solely on hype. Once the financing rate turns positive, it indicates that bulls are all crowded at the door waiting for a meal, and any fluctuation could lead to liquidation and being kicked out. If the funds remain neutrally stable, the market's temperament will naturally be much more stable. So don’t place your bets on the meeting results; whether the market can perform well depends entirely on "is there money, and is leverage stable". If you want to live a little longer: first, reduce your positions and come up with three plans.
See original
Take a look
BTV_Michael
--
【Exclusive Interview with He Yi】Part One
Here it is! What you all want to see!
I worked overtime to get this done for you!
In-depth discussion: 10·11 Collapse Insider, Binance Pressure, Industry Growing Pains, all laid bare.
Here it is! What you all want to see!
I worked overtime to get this done for you!
In-depth discussion: 10·11 Collapse Insider, Binance Pressure, Industry Growing Pains, all laid bare.
See original
[Live Review] Directly connected with Binance's product manager! We talked about these key insights…
Dear financial enthusiasts, last night's live broadcast was packed with information! For the first time, we connected with Binance's Vice President of Products, Jeff, and discussed many issues that everyone is concerned about. Here are the highlights I整理给大家：
🎤 Face-to-face with Binance executives
This connection is Binance's attempt to be more open and approachable under the new leadership (Sister One). Jeff answered various questions on the spot, including some sharp ones. The core feeling: Binance is working hard to transform from a 'universal exchange' into a 'platform for dialogue'.
💡 Key questions answered by Jeff
🎤 Face-to-face with Binance executives
This connection is Binance's attempt to be more open and approachable under the new leadership (Sister One). Jeff answered various questions on the spot, including some sharp ones. The core feeling: Binance is working hard to transform from a 'universal exchange' into a 'platform for dialogue'.
💡 Key questions answered by Jeff
See original
【Exclusive Interview with He Yi】The next episode
is here! What you all want to see!
I worked overtime to get this done for you all!
In-depth talk: 10·11 the crash insider, Binance pressure, industry growing pains, all laid out for discussion
is here! What you all want to see!
I worked overtime to get this done for you all!
In-depth talk: 10·11 the crash insider, Binance pressure, industry growing pains, all laid out for discussion
See original
【Exclusive Interview with He Yi】Part One
Here it is! What you all want to see!
I worked overtime to get this done for you!
In-depth discussion: 10·11 Collapse Insider, Binance Pressure, Industry Growing Pains, all laid bare.
Here it is! What you all want to see!
I worked overtime to get this done for you!
In-depth discussion: 10·11 Collapse Insider, Binance Pressure, Industry Growing Pains, all laid bare.
See original
【Live Review】Late-night wrap-up, talking about the interview, market trends, and composure
Just finished the interview with the sister yesterday, and rushed back to the hotel to do a live stream for everyone. Although it was already early morning in the country, I had to share today's gains and thoughts with the loyal fans who were waiting and the friends who missed it.
🎤 Interview with He Yi: About 'the chosen role'
The originally scheduled 10-minute interview turned into a half-hour conversation. The sincerity and composure of the sister left a deep impression. She said that great influence is like 'being chosen to take on a role'.
The aura and pressure are two sides of the same coin.Only by experiencing the peaks and valleys can one cultivate the calmness to face the mundane and the drastic changes when 'every day feels like the sky is falling'. This interview made our friendship boat more stable.
🎤 Interview with He Yi: About 'the chosen role'
The originally scheduled 10-minute interview turned into a half-hour conversation. The sincerity and composure of the sister left a deep impression. She said that great influence is like 'being chosen to take on a role'.
The aura and pressure are two sides of the same coin.Only by experiencing the peaks and valleys can one cultivate the calmness to face the mundane and the drastic changes when 'every day feels like the sky is falling'. This interview made our friendship boat more stable.
See original
The exclusive interview is over! Is the friendship ship becoming more stable? The first sister's aura is fully open, as the most powerful woman in the crypto circle👩
Does she have worries?
How does the first sister manage Binance?
Will she argue with CZ!
Look forward to the exclusive interview! Here’s a flesh-and-blood, warm He Yi for you!
#币圈现状 @Yi He @CZ
Does she have worries?
How does the first sister manage Binance?
Will she argue with CZ!
Look forward to the exclusive interview! Here’s a flesh-and-blood, warm He Yi for you!
#币圈现状 @Yi He @CZ
See original
Asset management giants are entering the market, and fees are warming up
Coinbase's premium flipping positive
This on-chain wave tells everyone: Bitcoin isn't just about falling and patching up; institutions are really back. How can we tell? Just look at Coinbase's premium, which stayed green during the major correction in November, indicating that U.S. institutions were on the move; as a result, when BTC dropped to $85,000–90,000, it suddenly flipped back: 'Sorry, we came to buy again.' These three major benefits are pushing Bitcoin upwards:
Vanguard suddenly switched sides, allowing 50 million conservative users to buy Bitcoin ETFs for the first time; Charles
Schwab's $12 trillion giant asset pool will connect directly by 2026; Japanese ETFs are coming, and this massive entity of investment trusts and pensions could drop $3–10 billion at any time. This means institutions are not just staying away but are rushing to secure their seats for 2026 in advance. Bitcoin is no longer a 'speculative item from the old era' but a new standard for 'global asset allocation.' Coinbase's premium flipping positive is summed up in that phrase: 'Buy with confidence, we've already boarded the train for you.'
This on-chain wave tells everyone: Bitcoin isn't just about falling and patching up; institutions are really back. How can we tell? Just look at Coinbase's premium, which stayed green during the major correction in November, indicating that U.S. institutions were on the move; as a result, when BTC dropped to $85,000–90,000, it suddenly flipped back: 'Sorry, we came to buy again.' These three major benefits are pushing Bitcoin upwards:
Vanguard suddenly switched sides, allowing 50 million conservative users to buy Bitcoin ETFs for the first time; Charles
Schwab's $12 trillion giant asset pool will connect directly by 2026; Japanese ETFs are coming, and this massive entity of investment trusts and pensions could drop $3–10 billion at any time. This means institutions are not just staying away but are rushing to secure their seats for 2026 in advance. Bitcoin is no longer a 'speculative item from the old era' but a new standard for 'global asset allocation.' Coinbase's premium flipping positive is summed up in that phrase: 'Buy with confidence, we've already boarded the train for you.'
See original
Binance Day1 Snapshot
The atmosphere is fully charged, a pure experience.
Everyone at the venue is mobilizing every cell in their body to seize every opportunity for discovery!
The time is about right, preparing for tonight's interview and live broadcast (Beijing time 9 PM), not only with the top influencer but also with the KOLs you follow!
The atmosphere is fully charged, a pure experience.
Everyone at the venue is mobilizing every cell in their body to seize every opportunity for discovery!
The time is about right, preparing for tonight's interview and live broadcast (Beijing time 9 PM), not only with the top influencer but also with the KOLs you follow!
See original
Very interesting scene design. I know someone must have said it was overinterpreted.
But that doesn't matter; as long as the logic is coherent, it's fine. Moreover, reality doesn't reason with you...
Additionally, we have a ten-minute exclusive interview with the first sister. Everyone can bring up questions, and we'll select from the comments section. Let's aim for some challenging and high-level questions!
#币安区块链周 @Yi He
But that doesn't matter; as long as the logic is coherent, it's fine. Moreover, reality doesn't reason with you...
Additionally, we have a ten-minute exclusive interview with the first sister. Everyone can bring up questions, and we'll select from the comments section. Let's aim for some challenging and high-level questions!
#币安区块链周 @Yi He
Login to explore more contents