The Bank of Japan will hold a monetary policy meeting today and tomorrow, with results coming out on the 19th! Personally, I believe there is a very high probability of an interest rate hike, which is the core bearish factor suppressing risk assets recently! Last night, part of this was already digested, and with a wave of CPI at 9:30 tonight! The recent market will become very exciting!
Let’s talk about the core logic of two news items: Monetary Policy Meeting: In the past, many institutions "borrowed cheap yen to buy other assets with higher returns in dollars; now that Japan is raising interest rates, borrowing costs are rising, and the yen will appreciate, making this trade unprofitable — institutions will rush to sell off other assets and convert back to yen to repay loans!
CPI: This looks at whether prices are rising; low inflation = higher likelihood of the Federal Reserve cutting rates in January → the dollar becomes less valuable → funds will flow to buy other assets with higher returns; high inflation = the Federal Reserve may not cut rates → funds will be withdrawn from other assets to buy dollars!
If I must give operational advice, it would be four words: short on rallies~
Recently, Brother Yu made a little money outside of the market. There are still 2 months left until the end of the year. After that, he plans to give red envelopes for every profitable order, with a budget of around 10~ He will provide benefits to his brothers in the form of red envelopes or a lottery~ Can the brothers help Brother Yu's account return to its peak before the end of the year?
GM! Ethereum short position Brother Yu made a maximum profit of 10,000 U without running away, lost 80,000 K and ran away, and also lost at the highest point this time. It’s not true to say that it doesn’t feel bad, but if we lose, we admit it. Stand firm after being hit, and just wait for the opportunity to earn it back!
The game can't be played, the doghouse chain has increased the fees, and I was scammed again, resulting in a stop-loss. I won't take orders that are outside of my understanding anymore.
I've swiped quite a few times, whatever you send he sends 🤔
打龟佬
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Many fans asked if this is my account? Answer: No!
Previously, some fans reported it, and later I blocked them. I mean, if you want to reference, just reference; why directly copy and paste? Is that really fair to your fans? Don't do this next time 🫰🏻
$PIPPIN Little warehouse empty wave, after the exchange forced K total to reduce positions, this coin finally has fluctuations, and the rate has also returned to normal levels. The dealer should slowly start to sell off
Last night near 2920, I shorted 80 Ether and didn't exit; the lowest point was 2772, and at the highest, my profit reached 11,000 USD. Today, it has come back up, but Brother Yu remains firmly bearish and will not exit until the target price is reached [doge]
This interest rate hike is something the market has been speculating about for almost a month – a ‘foregone conclusion.’ Institutions had already sold ETH in advance to reduce their positions, fully digesting the expectation that ‘an interest rate hike will lead to a decline.’ When the actual result comes out, there is surprisingly little selling pressure – just like knowing it will rain tomorrow, you gather your clothes in advance, and when it actually rains, you’re not flustered. In fact, some people take the opportunity to pick up cheap chips, directly pushing the price up. This upward movement is the result of three factors coming together: ‘expectations have been digested + a non-hawkish statement + CPI support.’ However, with funds being cautious towards the end of the year, whether the upward trend can be sustained depends on whether the resistance level of 2870-2900 can hold. From a technical perspective, Yu Ge feels that this morning's upward movement looks more like a trap for bullish positions. ETH can be shorted at the position of 2920, and there is still a gap to be filled at 2700 below.