漂亮葡萄

Best wishes to everyone, let's get back to normal 🧧

Right now, even with a lot of U, one can still lose money. USDT has collapsed, and the over-the-counter price in China has dropped to 6.92.

Currently, 1 USDT = 6.95 RMB
But 1 USD = 7.07 RMB

Due to US sanctions, Huiwang (Huione) has experienced a large-scale run on the bank.

Some merchants' accounts holding USDT have been marked as "sensitive assets" and cannot be used.

As a result, many merchants are forced to sell off in the over-the-counter market, and the price of USDT has plummeted from 7.2 to 6.9 CNY. Stablecoins, at this moment, seem not at all "stable."

Short-term fluctuations may continue to widen, and the window for over-the-counter merchants is rapidly closing.

Pessimists are always right, optimists are always moving forward

Tomorrow is Monday, retrieve liquidity, the weekend market is relatively quiet
🧧🧧
As usual, Lucky money

Trading seems to be about making money, but in fact, it is a continuous self-judgment

Good morning🧧🧧$BNB

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【The Whale Has Awoken🐳】🔥🧧
On-chain monitoring has detected several significant fund movements, and the whale is starting to stretch.
The market usually fluctuates in response.
My suggestions are:
1. Watch the support
2. Watch the resistance
3. Test with a small position

xyc

Good morning, today ETH has increased a lot, sending a red envelope 🧧🧧
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$ETH

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Year-end liquidity weakening may trigger greater volatility

QCP analysis points out:

BTC fluctuated between 88k-92k over the weekend, ETH rose from 2910 to 3150,

Year-end liquidity thinning has made the market highly sensitive to small funds, and despite the intense fluctuations, the scale of forced liquidations remains moderate;

BTC/ETH perpetual open interest has declined by 40-50% from the October peak, and retail interest has fallen back to bear market levels.

In the past two weeks, approximately 25,000 BTC have flowed out of exchanges, with ETF + corporate holdings exceeding exchange balances for the first time, and ETH exchange reserves have also dropped to a ten-year low.

Market attention turns to this week's FOMC; if a 25bp rate cut is realized, guidance on the balance sheet may become a key determinant of the trend.

BTC is waiting to break out in the 84k-100k range, and holiday liquidity may trigger a trend direction choice.🧧

European Central Bank's Schnabel: Feels at ease with interest rate policy

ChainCatcher news, European Central Bank Executive Board member Schnabel stated that he feels "at ease" with the market's bets on the next policy move being an interest rate hike.

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CRCL's financial report numbers game is worth digging into. 214 million net profit, of which 153 million is "non-recurring income"; the actual operating profit is only 61 million dollars.

This 153 million mainly comes from the fair value changes of the reserve fund held by Circle, which is essentially paper profits, not real cash business income.

Based on an annualized profit of 244 million, a market capitalization of 16 billion corresponds to a PE of about 65 times. It doesn't seem cheap, but if the scale of stablecoins continues to expand, this valuation may still be considered reasonable.

The key is whether USDC can continue to capture USDT's market share during the compliance process.