这一协议的意义远不止于实现“Secret Santa”的匿名配对。它被视为以太坊隐私框架落地的重要里程碑,为以太坊生态的隐私保护奠定了坚实基础。其强大的扩展性更是令人瞩目,未来有望广泛应用于众多场景。无论是匿名投票中保障选民的隐私与投票的公正性,还是在 DAO 治理里确保成员意见的匿名表达与决策的民主性;无论是为吹哨渠道提供安全的信息传递途径,还是在私密空投中精准且隐秘地发放福利,这套协议都将发挥关键作用,推动以太坊生态朝着更加隐私、安全、多元的方向蓬勃发展。#加密市场回调 $ETH$BTC
How do experienced futures traders do intraday trading?
In fact, experienced futures traders do intraday trading for only two reasons: That is to find their own rhythm to filter out the noise, and rely on their own advantages to adapt the system, not to follow the trend blindly or meddle aimlessly, but to earn certain returns steadily.
Experienced traders are different from novices; they know how stable their emotions are, what kind of opportunities they are good at capturing, and how long they can monitor the market. Impatient traders focus on short-term points, while patient traders never force themselves into high-frequency excitement, only engaging in trades that suit their personality.
In their eyes, there are no 'opportunities everywhere', only 'opportunities they can grasp'. They are never swayed by market rumors or others' profit displays, nor do they chase the market or join the frenzy, focusing only on market signals and their own trading rules.
Is it still necessary to persist when constantly losing in the cryptocurrency market?
Munger's 99 investment quotes are worth collecting.
1、The big money is not in the buying and the selling, but in the waiting.
2、Those who keep learning, will keep rising in life.
3、Like Warren, I am passionate about becoming rich. Not because I want a Ferrari, but because I want independence. I am eager to be independent.
4、There is no universal formula. You need to understand a lot about business, human nature, and numbers. You should not expect some magical system to do this for you.
How can we tell from K-lines and indicators whether the operator is inducing buying or selling?
Do we really understand the K-line? Hello everyone, stock friends. Every day we face thousands of K-lines, red and green, with complex upper and lower shadows. Many times, we are misled by long shadows, chasing highs and cutting losses, while neglecting the most real driving force behind the K-line - the entity. Today, we will delve into an efficient and intuitive analysis method: K-line dynamics. Its core idea is: the entity of the K-line represents the real outcome achieved by both bulls and bears after a contest, and is the 'engine' of trend power.
1. The core of K-line dynamics: Entity and 'Central Power Point'
Which futures trading methods seem simple but can actually yield consistent profits?
Without further ado, let's get to the point. This method is very simple and specifically focuses on divergence. The indicator I use is the slow KD, and I enter trades based on the divergence of this indicator. The trading period can range from 1 minute to 1 hour. To briefly explain divergence, I believe that those of you engaged in trading are not unfamiliar with it. Usually, when people mention divergence, the first thing that comes to mind is indicator divergence. What is indicator divergence? It means that the price has reached a new low or a new high, but the indicator has not followed suit; the indicator has not made a new low or a new high. This is the type of divergence that is commonly used. To emphasize, the divergence I use is what I call trend-following divergence, which is referred to as hidden divergence in foreign forums.
How to determine false breakouts and true breakouts in trading?
I previously wrote an answer explaining that I do not make breakout entries because the logically effective stop loss is very far, and the risk-reward ratio is not high enough. It is impossible to know in advance whether it is a false breakout, but I can discuss how to determine whether to consider exiting after a breakout is pushed back, based on my understanding of the trend. The known trend consists of 'push-box-push', so a breakout entry refers to entering after breaking through the large structure's box. However, a breakout will certainly encounter resistance, and after the breakout, it is necessary to observe the highest point reached quickly after the breakout, as well as the position where it is quickly pushed back and temporarily stagnates.
New Developments in Russian Cryptocurrency Investment: Capital Flows and Market Pattern Changes
Since June to July, Russian investors' enthusiasm for the cryptocurrency market has continued to rise, with over $27 million invested in cryptocurrency futures funds based on BlackRock BTC and ETH ETFs at the Moscow Exchange. This investment group shows clear stratification characteristics, with most investors tending to build small investment portfolios below $6,400, diversifying risks and testing the waters in small steps; while a few large investors boldly hold positions exceeding $1.3 million, demonstrating strong confidence in the long-term outlook for the cryptocurrency market.
The Central Bank of Russia has assessed domestic cryptocurrency-related financial products, indicating that their scale is about $48 million and does not currently pose systemic risks, providing a certain basis for the stable development of the market. At the same time, the central bank has also noticed a recent downward trend in trading volumes of Russian users on overseas centralized exchanges. Analysis suggests that this may be closely related to the increasing number of people turning to decentralized exchanges, reflecting a diversification shift in investors' choices of trading channels.
In terms of cryptocurrency holdings, the asset scale of Russian citizens is quite substantial. The central bank estimates that Russian citizens hold approximately $7.7 billion in BTC, $2 billion in ETH, and $2.7 billion in other tokens. This data not only highlights the deep participation of Russian investors in the cryptocurrency field but also underscores the country's significant position in the global cryptocurrency market. With the continuous changes in the market environment, the subsequent development of the Russian cryptocurrency market deserves ongoing attention. #加密市场反弹 $ETH$BTC
What do you think are the best methods for trend recognition?
The simplest judgment method in history, there is no second.
It is obvious, and it is the method I adopted after simplifying.
When the K-line is above the moving average line, it is a bullish trend;
When the K-line is below the moving average line, it is a bearish trend;
When the K-line moves between the moving average lines, it is a consolidation.
Moving average lines: the moving averages provided by the trading software, including 5, 10, 20, 40, 60.
Only participate in the trend, observe during consolidation.
You will find that when it's easy to make money, it doesn't matter how you open a position, but when it's hard to make money during consolidation, the win rate is very low regardless of how you open a position. #加密市场反弹 $BTC$ETH
From the halving in April 2024 to a new high of $120,000 in October 2025, Bitcoin has taken nearly 18 months. If we only look at this path, it still seems to be operating according to the cycle. Halving at the bottom, peaking within a year, and then entering a correction. But what really confuses the market is not whether it has risen, but that it has not risen like it used to. There have been no consecutive surges like in 2017, nor the public frenzy like in 2021. This round of market activity appears slow, dull, and with converging volatility, ETF progress is repetitive, altcoin rotation is weak, and even after reaching a new high, it dropped below $90,000 in less than a month. Is this a bull market or the beginning of a bear market?
Is it meaningful to invest 10,000 to 20,000 in stocks?
It's very meaningful. If you're under 25, you must invest 10,000 to 20,000 in stocks. Because 10,000 to 20,000 is a lot for you, when you buy a stock, you'll be very excited to see the fluctuations the next day. Chances are, if it jumps up and down a bit, you'll feel emotional; you can lose or gain. You might brag to others that you trade stocks, and maybe you'll earn a tiny bit on one check, it's really necessary. It's great if you earn this money, but it's better to lose, ideally losing 30% to 50%. At this point, you finally start learning some techniques and fundamentals. When others talk to you about MA and BOLL, you won't be completely clueless. You also know what a limit order and a market order are. After understanding some of it, you start researching a bit, reviewing your trades, and studying long-term holding.
Clearly, long-term trading is easier to make money than short-term trading. Why are retail investors more obsessed with short-term trading?
Trend trading is one of the most mainstream and vital trading types in the market, enduring and effective over time. Many people believe that with the advancement of technology, their experience will become more mature, enabling them to recognize and cover more trading cycles and seize more opportunities. But I don't see it this way. The longer the trading time, the less one should crave opportunities. On the contrary, it should be a process of gradually letting go and giving up. Knowing what market conditions you cannot miss, and slowly figuring out which signals are burdensome for you, beneficial in the short term but disruptive in the long run.
How to deal with too many false signals in trading?
Entering the market with a floating loss and then stopping the loss, always blaming it on false signals, is incorrect. To put it bluntly, this is just an excuse. You should first ask yourself: Is the logic of trading clear? Is there a unified standard for entering the market? Is the corresponding signal consistent each time you enter? If your answer is: yes. So, signals are neither true signals nor false signals. You must accept both the profits and losses that signals bring you!!
Trading is a game of probability. The truth of signals lies within this probability, and we cannot completely avoid 'false signals.' Predicting the truth of signals is impossible!
Why is virtual currency not allowed in the country?
Because it can perfectly bypass foreign exchange controls. If you sell a house in a first-tier city and receive 5 million in cash, and you want to exchange this money for 700,000 USD to transfer abroad; The bank has a quota of 50,000 for currency exchange, and the remittance also has a quota of 50,000, providing double insurance; it takes 14 years to complete the transfer. If you use someone else's quota to exchange for cash in USD, carrying over 5000 will be regulated. If you use someone else's quota to transfer to your overseas account, you will be monitored if there are more than 3 people involved; If you want to take RMB out of the country and then exchange it for foreign currency, an individual cannot carry more than 20,000 at a time.
Let's start sharing from my perspective! I entered the market in 2013, and now it's been nearly 12 years. From the initial 50,000, I faced ups and downs to go underwater at 200,000. In the following three years, the account surged in the northeast direction, reaching 12,000,000. During this time, I tried countless methods, but the most beneficial advice I received was those twelve words: 'Buy as if you're not in a hurry, sell without greed, and don't delay your stop loss.' In the future, if you want to make stock trading your profession to support your family, this article is worth studying repeatedly to help you avoid many detours!
What to do when holding a position in trading is particularly painful?
Can't stand it Then don't hold a position, just keep trading until liquidation, until the account falls silent! There is profit to be made in any market, and similarly, any market can lead to losses, but no one can handle every market situation. Therefore, if you don't learn to hold a position, when you don't understand the market and when your entry conditions haven't appeared, forcing trades will definitely lead to greater losses than profits! Holding a position is definitely part of trading! Here are some tips from experience.
For example, as a firm bull patient, in the following situations, it's better to stay out of the market than to stubbornly force a trade.
Indeed, there are some very skilled short-term traders, and the technical methods they use seem quite simple. It feels like we are only one step away from these experts; as long as we refine our mindset, it seems that "if others can do it, I should be able to do it too." But they cannot understand that this "step" often means "a thousand miles". Beneath the ordinary methods lies an abstract understanding of price fluctuations, and the market sense honed over N years of trading, which is also the execution ability and trading discipline cultivated after countless setbacks. Thus, many novice traders underestimate this "step" in between, dreaming of daily profits. Only those who have come through it know how many setbacks and sighs there are in this "step of a thousand miles."
What is the biggest illusion in the crypto circle?
The biggest illusion in the crypto circle: you think you are participating in a revolution, but you are actually acting as fuel. 1. The lie of 'decentralization': the centralized empire behind the code Wealth monopoly far exceeds the real world The top 1.3% of Bitcoin addresses control 95% of the circulation, and the top 0.01% whale accounts hold 37% of Bitcoin (data source: Bitinfocharts, 2024). This concentration exceeds that of the world's most unequal countries (the top 1% in South Africa hold 45% of the wealth); the so-called 'decentralization' is actually an oligarchic alliance. Absolute control by the project party Trump Coin (TRUMP) launched with the project party holding 80% of the tokens, creating 'community consensus' through price manipulation, selling over 200 million dollars within 3 months, causing a 98% price drop;
Bitcoin: Breaking Out of the Payment System Evaluation Framework, Unlocking the Potential of the Incremental World
Bitcoin is deeply trapped in a huge narrative dilemma: people tend to evaluate it by the standards of a "payment system" and judge its failure accordingly. Indeed, the criticisms of slow transaction speeds, high fees, and low throughput are undeniable. However, this is precisely the wrong yardstick, as Bitcoin has never aimed to become a traditional payment system.
We often overlook the powerful self-organization ability of humans. The uniqueness of Bitcoin lies in the fact that it is not supported by a corporate structure, lacks a foundation for overall planning, and does not have a CEO controlling the situation. A group of developers scattered around the globe, driven by their passion for technology and dedication to decentralization, meticulously maintain the largest decentralized financial infrastructure in human history with minimal resource input. This spontaneously formed collaboration model, transcending regional and organizational boundaries, itself is a powerful challenge and innovation against the traditional financial system.
The true value of Bitcoin is not in competing for market share with traditional payment methods within the existing financial stock world. It has a long-term vision, focusing on laying the groundwork for the yet-to-be-fully-unfolded incremental world, serving as a key cornerstone for future financial settlement layers. In this incremental world full of infinite possibilities, decentralization, security, and transparency will become the core demands, and Bitcoin, with its unique blockchain technology and decentralized characteristics, happens to meet these needs.
We can no longer confine Bitcoin's development with the old payment system mindset but should recognize the enormous potential it holds for future financial transformation. It is opening a door to the incremental world with a brand-new posture, exploring the direction for the future of human finance. #加密市场观察 $ETH$BTC
Eastern Time November 28: Ethereum Spot ETF Fund Flow Active
Eastern Time November 28, the cryptocurrency market welcomed important capital dynamics, with Ethereum spot ETFs showing strong inflows, totaling a net inflow of $76.5491 million. This figure reflects the market's strong interest and active positioning in Ethereum-related investment products.
Among the many Ethereum spot ETFs, Blackrock's ETF ETHA stood out, becoming the day’s leader in capital inflow. Its single-day net inflow reached $68.2659 million, and with this impressive performance, ETHA's historical total net inflow has climbed to $13.147 billion, demonstrating strong capital attraction and market recognition. As a giant in the global asset management field, Blackrock's Ethereum spot ETF, with its professional investment management capabilities and brand influence, has attracted significant investor attention, providing investors with a convenient and relatively standardized channel to participate in the Ethereum market.
Following closely is Grayscale's Ethereum Trust ETF ETHE, with a single-day net inflow of $8.2832 million. Grayscale has been deeply involved in cryptocurrency investment for many years, accumulating rich market experience and a broad investor base with its trust products. The inflow of ETHE further solidifies its position in the Ethereum investment market.
The continuous inflow of funds into Ethereum spot ETFs not only injects new vitality into the Ethereum market but also reflects institutional and retail investors' optimism about Ethereum's long-term value. As the market environment continues to change and regulatory policies gradually improve, Ethereum spot ETFs are expected to attract more capital, promoting further development of the Ethereum ecosystem. #加密市场反弹 $ETH$BTC
Reflections on losing everything after touching the contract
I woke up very early today, and over the past couple of days, I received over a thousand in patent fees. I checked the bio and saw that sei and peaq dropped significantly yesterday, so I transferred eight SOL into Bitget to increase my position. Then, by some strange coincidence, I glanced at the contract list and saw a newly launched bombie contract. I had heard of this; it is a token for a chain game, and I think these are among the most worthless coins. So, I transferred three SOL into the contract account, thinking to short today and hopefully make some money, after all, I haven't made any profit from contracts this year. Then, within half an hour, I lost nearly three thousand, and I directly stopped loss from 0.0015 to 0.0016. Since I always set a stop loss just a little before liquidation in every contract, I quickly withdrew the few hundred dollars that were left.