crypto-老罗
High-Frequency Trader
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公众号:加密老罗 聊天室：1126156398 下一站 翻身！
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New feature launched! The Binance chat room now has the 【private chat】 function open～
From now on, it will be easier for brothers to keep up with Lao Luo's pace, and you no longer have to worry about not being able to find Lao Zhao!!
The usage method is super simple:
① Enter 【chat room】 in the search bar to find the entrance
② Click ➕ in the upper right corner to add "Lao Luo"
③ Enter your Binance ID (for example, mine: 1126156398)
④ One-click search, easily add me, and communicate anytime, anywhere!
You take the initiative and we have stories; when you are still worrying about market trends, Lao Luo can always be your guiding light #加密市场观察 $ETH
From now on, it will be easier for brothers to keep up with Lao Luo's pace, and you no longer have to worry about not being able to find Lao Zhao!!
The usage method is super simple:
① Enter 【chat room】 in the search bar to find the entrance
② Click ➕ in the upper right corner to add "Lao Luo"
③ Enter your Binance ID (for example, mine: 1126156398)
④ One-click search, easily add me, and communicate anytime, anywhere!
You take the initiative and we have stories; when you are still worrying about market trends, Lao Luo can always be your guiding light #加密市场观察 $ETH
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The U.S. September core PCE data released tonight is the last key inflation indicator before the Federal Reserve's interest rate decision next week. The market expects the annual rate to remain at 2.9%. If it meets or falls below expectations, it will solidify the market's anticipation of a rate cut next week (probability 87%) or provide support for risk assets. Before the data release, market sentiment is cautious, with BTC fluctuating around $92,000. Short-term market volatility will directly depend on whether the data strengthens or weakens the narrative of "inflation cooling - policy shift."
If you are still holding positions or facing liquidation in the crypto space, it’s time to find a reliable guide. Follow Lao Luo, who will help you avoid traps and seize opportunities! Remember: you cannot earn money outside of your understanding, but by following Lao Luo, you can quickly catch up on your knowledge! #美联储重启降息步伐 $ETH
If you are still holding positions or facing liquidation in the crypto space, it’s time to find a reliable guide. Follow Lao Luo, who will help you avoid traps and seize opportunities! Remember: you cannot earn money outside of your understanding, but by following Lao Luo, you can quickly catch up on your knowledge! #美联储重启降息步伐 $ETH
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ETH Soars! Capital Abandons Bitcoin, How Far Can the Independent Market Trend Go?
Wall Street giants like BlackRock and Fidelity are pouring real money into Ethereum, with a single-day capital flow of 140 million dollars for ETFs, making last night's market performance something Bitcoin can only envy.
Early this morning, the price of Ethereum broke through 3200 dollars, with an intraday increase of over 7%. Meanwhile, data from SoSoValue shows that yesterday, the total net inflow into U.S. Ethereum spot ETFs reached a staggering 140 million dollars, with none of the nine ETF products experiencing capital outflow.
In contrast, the situation with Bitcoin is entirely different: during the same period, there was a net outflow of 14.9 million dollars from Bitcoin spot ETFs. This disparity in capital flow clearly explains why ETH has managed to generate such a strong independent market trend.
Early this morning, the price of Ethereum broke through 3200 dollars, with an intraday increase of over 7%. Meanwhile, data from SoSoValue shows that yesterday, the total net inflow into U.S. Ethereum spot ETFs reached a staggering 140 million dollars, with none of the nine ETF products experiencing capital outflow.
In contrast, the situation with Bitcoin is entirely different: during the same period, there was a net outflow of 14.9 million dollars from Bitcoin spot ETFs. This disparity in capital flow clearly explains why ETH has managed to generate such a strong independent market trend.
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The US November ADP employment data announced at 21:15 tonight is crucial. The Federal Reserve will announce interest rates this summer, and this "small non-farm" report will become a key basis for evaluating the employment market before the Federal Reserve's meeting next week, and market fluctuations may intensify. Market expectations vary greatly, ranging from an increase of 5,000 to 40,000.
Impact on the cryptocurrency market: If the data is far below expectations, it will strengthen the Federal Reserve's interest rate cut expectations, potentially boosting Bitcoin and other risk assets. If the data is significantly better than expected, it may dampen interest rate cut expectations, strengthen the US dollar, or put pressure on cryptocurrencies. Please closely monitor the instantaneous market reaction after the data is released. #美SEC推动加密创新监管 $BTC
Impact on the cryptocurrency market: If the data is far below expectations, it will strengthen the Federal Reserve's interest rate cut expectations, potentially boosting Bitcoin and other risk assets. If the data is significantly better than expected, it may dampen interest rate cut expectations, strengthen the US dollar, or put pressure on cryptocurrencies. Please closely monitor the instantaneous market reaction after the data is released. #美SEC推动加密创新监管 $BTC
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ETH surged back to $3000 overnight! How far can the carnival assisted by Trump run?
This wave of ETH has been intensely washed and even more fiercely pulled back, but let me put it this way — the expectation of interest rate cuts from Trump's rhetoric is easier to speculate on than actual cuts, but don't mistake the rebound for a reversal! Now the whole network is shouting that the bull is back, but I want to ask: on this ride, are you really willing to close your eyes and get on?
Behind FOMO, the undercurrent has shifted
The news that Trump named Hassett to succeed Powell as chairman of the Federal Reserve and criticized him for needing to lower interest rates hit the market like a shot of adrenaline. However, upon calm reflection, this is still a game of expected speculation: funds quickly positioned themselves based on the news, retail investors' enthusiasm surged into the greed zone, while whale wallets quietly reduced their holdings at key resistance levels.
Behind FOMO, the undercurrent has shifted
The news that Trump named Hassett to succeed Powell as chairman of the Federal Reserve and criticized him for needing to lower interest rates hit the market like a shot of adrenaline. However, upon calm reflection, this is still a game of expected speculation: funds quickly positioned themselves based on the news, retail investors' enthusiasm surged into the greed zone, while whale wallets quietly reduced their holdings at key resistance levels.
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Is WLFI staging a V-shaped reversal? Don't rush, this may be a cashing trap set for you.
Did last night's V-shaped reversal of WLFI make you itch again? Don't rush to chase it; Old Luo made it clear today: for this coin, I will only short at high points.
In the early morning, a wallet associated with the WLFI team deposited 73.16 million WLFI into Binance, worth up to 11.11 million dollars. This is not an isolated incident—earlier this morning, another 33.16 million WLFI was transferred between anonymous addresses.
What is more concerning is that this is likely the beginning of a continuous sell-off. Because the address that received tokens from the project's strategic reserve wallet still holds about 1 billion WLFI, worth approximately 220 million dollars.
In the early morning, a wallet associated with the WLFI team deposited 73.16 million WLFI into Binance, worth up to 11.11 million dollars. This is not an isolated incident—earlier this morning, another 33.16 million WLFI was transferred between anonymous addresses.
What is more concerning is that this is likely the beginning of a continuous sell-off. Because the address that received tokens from the project's strategic reserve wallet still holds about 1 billion WLFI, worth approximately 220 million dollars.
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The rebound is an opportunity to escape! Have you understood the false rise and true fall of ETH?
This current rebound is likely a 'don't run, fellow villagers' act! Don't be fooled by the rise from 2700 to 2800; this strength hasn't even made up half of yesterday's drop. Yesterday afternoon at 2820, I warned against bottom fishing, and by the evening it fell directly to 2700, confirming my judgment. So the question arises — after the rebound, will it continue to surge, or will we see another big bearish candle? Today's market answer may leave most people in despair.
Why am I bearish? The fundamental reason is: market sentiment and capital movements are completely diverging. On the news front, the probability of a Federal Reserve rate cut in December is as high as 87.6%, which theoretically should lead to a surge, right? But the cryptocurrency market doesn't buy it; the trading volume during the rebound has obviously shrunk, indicating that large funds are too afraid to participate. It's like shouting 'good news is coming,' but no one is rushing in with real money — a typical trap to lure buyers. Especially with two plummets last night, the market panic hasn't been fully released; now it's just a technical bounce after a significant drop. Remember the old saying by Lao Luo: in a downtrend, all good news is a signal to escape!
Why am I bearish? The fundamental reason is: market sentiment and capital movements are completely diverging. On the news front, the probability of a Federal Reserve rate cut in December is as high as 87.6%, which theoretically should lead to a surge, right? But the cryptocurrency market doesn't buy it; the trading volume during the rebound has obviously shrunk, indicating that large funds are too afraid to participate. It's like shouting 'good news is coming,' but no one is rushing in with real money — a typical trap to lure buyers. Especially with two plummets last night, the market panic hasn't been fully released; now it's just a technical bounce after a significant drop. Remember the old saying by Lao Luo: in a downtrend, all good news is a signal to escape!
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Old Luo interprets: Is this a 'smoke bomb' or a 'real bet'? It depends on the operations of the whale on Binance. If they split purchases into multiple addresses for mainstream coins or ETH, it is a typical leverage strategy in a bull market; but if the funds are stagnant or used for OTC, it could be a smoke bomb to cover other positions for selling or preparing to short.
The suspense lies in: once the market follows suit, the whale may anytime turn into short fuel. Focus on subsequent on-chain transfers and large transactions on Binance. #加密市场回调 $ETH
The suspense lies in: once the market follows suit, the whale may anytime turn into short fuel. Focus on subsequent on-chain transfers and large transactions on Binance. #加密市场回调 $ETH
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Still bottom fishing? Old Luo: Uncertainty is a death signal; every step ahead is a pit; ETH should focus on these key levels!
Old Luo speaks frankly: The sky for the Federal Reserve is about to change, but don’t celebrate too early; this may not be the saving rain for the crypto circle, but rather the muffled thunder before a new storm. Today's plunge of ETH200 is just the prologue to this grand drama. Next, the market will have to face a Federal Reserve that the president has specifically called for rate cuts; how deep is this water? Our coin price will likely have to explore further down.
The panic in the market today is the result of two streams of cold air overlapping, one from the east and one from the west.
Firstly, the black swan wings from the east have already flapped. Bank of Japan Governor Kazuo Ueda has clearly stated that he is weighing the option of raising policy rates, and the market's expectation for a rate hike in December has soared to about 76%. This means that the last major zero-interest-rate funding pool in the world may begin to tighten, which is a significant negative for risk assets that rely on global liquidity, including cryptocurrencies. The broad decline in the Asia-Pacific stock market this morning has already indicated the risk-averse sentiment of capital.
The panic in the market today is the result of two streams of cold air overlapping, one from the east and one from the west.
Firstly, the black swan wings from the east have already flapped. Bank of Japan Governor Kazuo Ueda has clearly stated that he is weighing the option of raising policy rates, and the market's expectation for a rate hike in December has soared to about 76%. This means that the last major zero-interest-rate funding pool in the world may begin to tighten, which is a significant negative for risk assets that rely on global liquidity, including cryptocurrencies. The broad decline in the Asia-Pacific stock market this morning has already indicated the risk-averse sentiment of capital.
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Did the giant whale short 15 million dollars on 1011? Don't panic! I see the direction choice after the fluctuations may be different from what you think...
The market has been sluggish for two days, the range of 2980-3100 has almost been ground down to a fine point! A giant whale suddenly dumped 5 times the short position on 1011, clearly betting on the direction—but Lao Luo thinks this might actually be a smokescreen; real breakthroughs often occur when most people hesitate!
Market sentiment analysis
The market in the past two days has been like 'boiling a frog in warm water', both bulls and bears are waiting for signals. The giant whale's short positions seem fierce, but a closer look at the funds shows:
On-chain data: ETH exchange reserves have decreased for three consecutive days, indicating that large holders are not collectively selling;
Sentiment indicator: Fear and greed index stuck at 50, the long-short battle has intensified;
Market sentiment analysis
The market in the past two days has been like 'boiling a frog in warm water', both bulls and bears are waiting for signals. The giant whale's short positions seem fierce, but a closer look at the funds shows:
On-chain data: ETH exchange reserves have decreased for three consecutive days, indicating that large holders are not collectively selling;
Sentiment indicator: Fear and greed index stuck at 50, the long-short battle has intensified;
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The change of leadership at the Federal Reserve is a double-edged sword for the cryptocurrency market.
If Hassett takes office, aggressive interest rate cuts may temporarily ignite the market, creating a false sense of euphoria. But we must be cautious—political interference in the independence of the central bank will undermine the foundation of the market. Once monetary policy becomes a political tool, the resulting turbulence from long-term credit collapse will be far more deadly than short-term gains. What the cryptocurrency market needs is not a drug-like surge, but a healthy ecosystem. Stay clear-headed, and don't forget that the cliff is just behind you. #加密市场反弹 $BTC
If Hassett takes office, aggressive interest rate cuts may temporarily ignite the market, creating a false sense of euphoria. But we must be cautious—political interference in the independence of the central bank will undermine the foundation of the market. Once monetary policy becomes a political tool, the resulting turbulence from long-term credit collapse will be far more deadly than short-term gains. What the cryptocurrency market needs is not a drug-like surge, but a healthy ecosystem. Stay clear-headed, and don't forget that the cliff is just behind you. #加密市场反弹 $BTC
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IBIT holders return to profitability, Bitcoin ETF selling pressure may ease
Bitcoin has returned to $90,000, and BlackRock IBIT investors are smiling again.
According to Cointelegraph, as Bitcoin's price rises above $90,000, holders of BlackRock’s spot Bitcoin ETF (IBIT) have returned to a profitable state.
Arkham data shows that IBIT holders' cumulative profits have rebounded to $3.2 billion. This shift indicates that the sentiment of key investor groups driving this year's market development may be undergoing a positive change.
As IBIT holders return to profitability and the outflow of funds from the Bitcoin ETF slows, market sentiment is gradually recovering. If the Bitcoin price can stabilize around current levels, the selling pressure from the ETF is very likely to continue easing, creating conditions for market stabilization.
Everyone can pay attention to the subsequent capital flow data, as well as whether Bitcoin can firmly stay above the $90,000 mark, which will determine the direction of short-term market trends.
There are no gods in the crypto world, only smart people who can read signals. Lao Luo doesn’t boast or make empty promises, but teaches you practical survival skills. Follow Lao Luo, and layout in advance every day in the village! If you want to follow Lao Luo in real-time, we synchronize positions, and I will share #加密市场反弹 $BTC of my profits with you.
Bitcoin has returned to $90,000, and BlackRock IBIT investors are smiling again.
According to Cointelegraph, as Bitcoin's price rises above $90,000, holders of BlackRock’s spot Bitcoin ETF (IBIT) have returned to a profitable state.
Arkham data shows that IBIT holders' cumulative profits have rebounded to $3.2 billion. This shift indicates that the sentiment of key investor groups driving this year's market development may be undergoing a positive change.
As IBIT holders return to profitability and the outflow of funds from the Bitcoin ETF slows, market sentiment is gradually recovering. If the Bitcoin price can stabilize around current levels, the selling pressure from the ETF is very likely to continue easing, creating conditions for market stabilization.
Everyone can pay attention to the subsequent capital flow data, as well as whether Bitcoin can firmly stay above the $90,000 mark, which will determine the direction of short-term market trends.
There are no gods in the crypto world, only smart people who can read signals. Lao Luo doesn’t boast or make empty promises, but teaches you practical survival skills. Follow Lao Luo, and layout in advance every day in the village! If you want to follow Lao Luo in real-time, we synchronize positions, and I will share #加密市场反弹 $BTC of my profits with you.
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During the market FOMO frenzy, it is often the most dangerous moment for the bulls!
The current price of ETH is 3025 USD, hanging on the edge of a cliff—below the 3000 USD mark is a powder keg, and once it breaks, it will instantly trigger the liquidation of 440 million USD long positions. This is not only a technical support level but also a psychological barrier, which may trigger a chain reaction of selling pressure. The current battle between bulls and bears has entered a fever pitch, beware of the main players taking the opportunity to slaughter retail investors chasing highs.
Remember: when the celebration is the loudest, you should buckle your seatbelt! #加密市场反弹 $ETH
The current price of ETH is 3025 USD, hanging on the edge of a cliff—below the 3000 USD mark is a powder keg, and once it breaks, it will instantly trigger the liquidation of 440 million USD long positions. This is not only a technical support level but also a psychological barrier, which may trigger a chain reaction of selling pressure. The current battle between bulls and bears has entered a fever pitch, beware of the main players taking the opportunity to slaughter retail investors chasing highs.
Remember: when the celebration is the loudest, you should buckle your seatbelt! #加密市场反弹 $ETH
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ETH surges to $3,000, the risks and opportunities behind the bulls' celebration!
From a low of $2,620, it soared above $3,000. Behind this seemingly strong rebound, signs of capital divergence have begun to emerge.
Ethereum has once again crossed the $3,000 mark! In the past few days, ETH rebounded strongly from a low near $2,620, reaching around $3,070, making many early investors cheer with joy.
But is this rebound really solid? When I looked at the capital flow data, I found that ETH had a net outflow of $33.22 million, while BTC had a net inflow of $473 million, which made me question the sustainability of this rally.
Ethereum has once again crossed the $3,000 mark! In the past few days, ETH rebounded strongly from a low near $2,620, reaching around $3,070, making many early investors cheer with joy.
But is this rebound really solid? When I looked at the capital flow data, I found that ETH had a net outflow of $33.22 million, while BTC had a net inflow of $473 million, which made me question the sustainability of this rally.
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The latest Federal Reserve Beige Book shows that the U.S. economy is weak, with downgraded consumption and cooling employment raising the probability of a rate cut in December to 85%, bringing new expectations to the market.
Core Points
Economic Cooling: Overall consumption is declining, with only high-income groups still supporting it. The job market is weak, with half of the regions experiencing a decrease in hiring demand.
Policy Divergence: There are significant disagreements within the Federal Reserve regarding the rate cut in December, but key officials like Williams and Waller have expressed support for the cut.
Market Response: The expectation of a rate cut has driven continuous increases in the cryptocurrency market. If it materializes in December, it could further boost market liquidity preference.
Lao Luo's Commentary: The rising expectation of a rate cut is a short-term boon for risk assets, but the economic weakness is fundamental. Pay attention to the Federal Reserve's decision on December 10, but don't forget that weak fundamentals are the true "weakness." Control your positions and stay flexible!
If you are still holding positions and facing liquidation in the cryptocurrency market, it’s time to find a reliable guide. Follow Lao Luo to avoid traps and seize opportunities! Remember: You can't earn money beyond your understanding, but by following Lao Luo, you can quickly catch up on your knowledge! #加密市场反弹 $ETH
Core Points
Economic Cooling: Overall consumption is declining, with only high-income groups still supporting it. The job market is weak, with half of the regions experiencing a decrease in hiring demand.
Policy Divergence: There are significant disagreements within the Federal Reserve regarding the rate cut in December, but key officials like Williams and Waller have expressed support for the cut.
Market Response: The expectation of a rate cut has driven continuous increases in the cryptocurrency market. If it materializes in December, it could further boost market liquidity preference.
Lao Luo's Commentary: The rising expectation of a rate cut is a short-term boon for risk assets, but the economic weakness is fundamental. Pay attention to the Federal Reserve's decision on December 10, but don't forget that weak fundamentals are the true "weakness." Control your positions and stay flexible!
If you are still holding positions and facing liquidation in the cryptocurrency market, it’s time to find a reliable guide. Follow Lao Luo to avoid traps and seize opportunities! Remember: You can't earn money beyond your understanding, but by following Lao Luo, you can quickly catch up on your knowledge! #加密市场反弹 $ETH
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The unemployment data is coming tonight!
In the intertwined fog of economic data and Federal Reserve policies, the correlation between the cryptocurrency market and the U.S. stock market has never been so tight.
Tonight's U.S. unemployment data is worth everyone's close attention, but don't rush to bet in a direction immediately after the data is released.
From last night's market fluctuations, it can be seen that the cryptocurrency market and the U.S. stock market are in a state of high synchronization, so it is advisable to pay attention to the direction of the U.S. stock market at 10:30 after the data is released at 9:30 tonight, and then make decisions for greater prudence.
There are no gods in the cryptocurrency market, only smart people who can read signals. Lao Luo doesn't boast or make false promises, he only teaches you practical survival skills. Follow Lao Luo, and layout in advance every day in the village! If you want to follow Lao Luo in real-time, we synchronize positions; my earnings will be shared with you #加密市场反弹 $BTC
In the intertwined fog of economic data and Federal Reserve policies, the correlation between the cryptocurrency market and the U.S. stock market has never been so tight.
Tonight's U.S. unemployment data is worth everyone's close attention, but don't rush to bet in a direction immediately after the data is released.
From last night's market fluctuations, it can be seen that the cryptocurrency market and the U.S. stock market are in a state of high synchronization, so it is advisable to pay attention to the direction of the U.S. stock market at 10:30 after the data is released at 9:30 tonight, and then make decisions for greater prudence.
There are no gods in the cryptocurrency market, only smart people who can read signals. Lao Luo doesn't boast or make false promises, he only teaches you practical survival skills. Follow Lao Luo, and layout in advance every day in the village! If you want to follow Lao Luo in real-time, we synchronize positions; my earnings will be shared with you #加密市场反弹 $BTC
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Old Luo frankly says: Don't let interest rate cuts make you dizzy! Behind ETH's failure to rise, a bigger storm is lurking?
Don't rush blindly as soon as you see interest rate cuts! ETH stumbled for the third time at the $3000 mark today.
The Federal Reserve suddenly sings a dovish tune, and interest rate cut expectations are fully on. Many people think the bull market is about to restart. But look at the funding situation: while ETH is hovering around $3000, on-chain whale addresses are quietly reducing their holdings, and the net inflow to exchanges is increasing—indicating that the selling pressure hasn't been digested at all! The market is like a body that has just recovered from illness; a superficial benefit from a shot of adrenaline lasts for two hours, but the underlying weakness hasn't been fixed. Now, as retail investors chase the high, the big players are ready to take them down—does it hurt?
The Federal Reserve suddenly sings a dovish tune, and interest rate cut expectations are fully on. Many people think the bull market is about to restart. But look at the funding situation: while ETH is hovering around $3000, on-chain whale addresses are quietly reducing their holdings, and the net inflow to exchanges is increasing—indicating that the selling pressure hasn't been digested at all! The market is like a body that has just recovered from illness; a superficial benefit from a shot of adrenaline lasts for two hours, but the underlying weakness hasn't been fixed. Now, as retail investors chase the high, the big players are ready to take them down—does it hurt?
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ZEC is going to drop tonight! Once it breaks 470, be careful of being washed out!
Brothers, Lao Luo is here to knock on the blackboard again! I clearly stated yesterday that funds would flow back to mainstream coins, and ZEC had to drop. What happened? It crashed from $600 all the way down to $495, a precise prediction! But don't be anxious, this is not over yet—tonight there is a high probability of continuing to stab downwards, testing the crucial support at 470. Once it breaks, the market sentiment will collapse, and the script for accelerated decline will immediately start!
Whale movements: The largest short position on ZEC has narrowed to 5 million dollars, but they still refuse to close their positions! What does this indicate? Whales are betting on a big market, either a margin call or a big profit. And what about retail investors? Most are still fantasizing about a rebound, but mainstream coins are draining liquidity, and ZEC's liquidity is being pulled dry, making the market lighter and lighter. Coupled with recent tightening of regulatory winds, privacy coins like ZEC are more likely to be targeted, and risk-averse sentiment is rising! Lao Luo's words: Don't go against the trend; if whales are not moving, we should act first!
Whale movements: The largest short position on ZEC has narrowed to 5 million dollars, but they still refuse to close their positions! What does this indicate? Whales are betting on a big market, either a margin call or a big profit. And what about retail investors? Most are still fantasizing about a rebound, but mainstream coins are draining liquidity, and ZEC's liquidity is being pulled dry, making the market lighter and lighter. Coupled with recent tightening of regulatory winds, privacy coins like ZEC are more likely to be targeted, and risk-averse sentiment is rising! Lao Luo's words: Don't go against the trend; if whales are not moving, we should act first!
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ETH3000 is just a step away! Is it a buildup for a breakout or a trap for the bulls?
The tug-of-war between bulls and bears has intensified, and the Federal Reserve's dovish tone has become the best catalyst for the market.
Last night's market action, I'm sure many friends felt the excitement of Ethereum. It surged from around $2780, peaking at $2980, and is now pulling back to about $2920. My opinion is very clear: a one-sided rise is hard to sustain, and the pressure at $3000 is not just paper. Today, it is highly likely to test the critical point of $2880 between bulls and bears.
Behind this wave of increase is the unified dovish stance from two heavyweight figures: Federal Reserve Governor Waller and San Francisco Fed President Daly, who clearly support a rate cut in December. The market's expectation of a rate cut in December skyrocketed overnight from 69.4% to 82.9%.
Last night's market action, I'm sure many friends felt the excitement of Ethereum. It surged from around $2780, peaking at $2980, and is now pulling back to about $2920. My opinion is very clear: a one-sided rise is hard to sustain, and the pressure at $3000 is not just paper. Today, it is highly likely to test the critical point of $2880 between bulls and bears.
Behind this wave of increase is the unified dovish stance from two heavyweight figures: Federal Reserve Governor Waller and San Francisco Fed President Daly, who clearly support a rate cut in December. The market's expectation of a rate cut in December skyrocketed overnight from 69.4% to 82.9%.
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The largest short seller is still selling, is the rebound over?
BlackRock has again deposited coins! Just now, it deposited 2,822 BTC (worth $243 million) and 36,283 ETH (worth $101 million) into Coinbase Prime. This is not an isolated event, but a continuing saga:
November 18: Deposited 3,064 BTC and 64,707 ETH (about $478 million)
November 14: Deposited 2,610 BTC and 43,240 ETH
November 13: Also deposited 363 BTC and 26,610 ETH
In simple terms, BlackRock has continuously transferred billions of dollars worth of Bitcoin and Ethereum to exchanges in just ten days.
These operations are usually interpreted as signals of preparation for sale, as depositing assets into exchanges facilitates quick selling in the market. Such concentrated and large deposits undoubtedly bring immense potential selling pressure to the market, like a mountain hanging over one's head.
The market has just experienced a sharp decline, with Bitcoin sliding from a peak of $126,000 to around $90,000, making it quite fragile. Now, with one of the largest short sellers still offloading, this rebound is likely difficult to sustain.
Old Luo advises: watch more and act less in the short term, and don't rush to buy the dip. The market needs time to digest this selling pressure, and when institutions like BlackRock stop depositing or even start withdrawing coins, it will be a more prudent time to enter the market.
What do you think about this? Feel free to discuss in the comments. #加密市场回调 $BTC
BlackRock has again deposited coins! Just now, it deposited 2,822 BTC (worth $243 million) and 36,283 ETH (worth $101 million) into Coinbase Prime. This is not an isolated event, but a continuing saga:
November 18: Deposited 3,064 BTC and 64,707 ETH (about $478 million)
November 14: Deposited 2,610 BTC and 43,240 ETH
November 13: Also deposited 363 BTC and 26,610 ETH
In simple terms, BlackRock has continuously transferred billions of dollars worth of Bitcoin and Ethereum to exchanges in just ten days.
These operations are usually interpreted as signals of preparation for sale, as depositing assets into exchanges facilitates quick selling in the market. Such concentrated and large deposits undoubtedly bring immense potential selling pressure to the market, like a mountain hanging over one's head.
The market has just experienced a sharp decline, with Bitcoin sliding from a peak of $126,000 to around $90,000, making it quite fragile. Now, with one of the largest short sellers still offloading, this rebound is likely difficult to sustain.
Old Luo advises: watch more and act less in the short term, and don't rush to buy the dip. The market needs time to digest this selling pressure, and when institutions like BlackRock stop depositing or even start withdrawing coins, it will be a more prudent time to enter the market.
What do you think about this? Feel free to discuss in the comments. #加密市场回调 $BTC
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