#加密衍生品交易发展 Looking back at the development of crypto derivatives trading, it's hard not to think of the story of that sports betting king on Polymarket. From $5,000 to $3.8 million, then almost down to zero within a week—the dramatic ups and downs are truly thought-provoking. On reflection, this is really a microcosm of crypto market volatility and leveraged risk.
This reminds me of the launch of Bitcoin futures in 2017. At that time, the market was also full of both opportunities and risks. Many people got rich overnight, while others lost everything. History does tend to repeat itself. Whet

#美联储政策展望 Looking back at history, the Federal Reserve’s policy outlook has always affected market sentiment. Seeing the results of the Reuters survey today inevitably reminds me of the days following the 2008 financial crisis. At that time, too, the market was full of expectations for the future, driven by economic recovery and technological innovation. But we must not forget that optimism is often the breeding ground for risk accumulation.
The S&P 500 Index is expected to rise about 12% by the end of 2026, and this forecast is indeed exciting. However, we need to be cautious. Similar optimis

#稳定币争议 This time S&P gave USDT the lowest rating, which honestly made me both laugh and cry. Thinking back to when USDT first came out, everyone thought it was just a paper tiger that could collapse at any time. But after all these years, not only has it survived, it has grown even bigger.
To be honest, I can understand S&P's rating logic. A high proportion of risky assets and lack of transparency—these have always been USDT's old issues. But the thing is, USDT has reached its current position not because of any ratings, but because of its solid market performance.
Back in 2022, LUNA collapse

#美联储降息预期 Looking back, every move by the central bank has always stirred up the markets. This time, the ECB's meeting minutes revealed a cautious attitude, reminding me of the situation after the 2008 financial crisis. At that time, central banks around the world were also walking on thin ice, afraid that a policy mistake could trigger a chain reaction.
The challenges facing the ECB now are strikingly similar to those back then. Inflation remains high, but there are concerns that aggressive rate hikes could stifle economic recovery. Vujcic’s comments indicate that they are searching for a del

#比特币投资周期分析 Looking back on the history of Bitcoin investment, I can't help but feel a surge of emotions. There was a time when we used the four-year halving cycle to predict the market, but now that model seems to have become obsolete. A new two-year cycle is taking shape, with institutional capital taking the lead. In the past, miners' supply and retail investor sentiment dominated the market; now, ETF capital flows have become the key indicator. From $70,000 to $96,000 and then to $107,000, each price level contains different breakeven points for various investors. This reminds us that we c

#比特币价格分析与预测 Looking back at the past bull and bear cycles, today’s market fills me with emotion. Bitcoin is approaching $90,000, hitting a new all-time high, and market sentiment is running high. This reminds me of the frenzied surge at the end of 2017, when short positions were massively liquidated and the bulls held absolute advantage. But the market is more mature now, with institutional participation providing more support.
Seeing $200 million in short positions forcibly liquidated, I can’t help but marvel at the market’s ruthlessness. This once again proves how risky it is to short in th

#Binance Alpha项目上线 Looking back at past airdrop projects, Binance Alpha’s approach this time inevitably reminds me of the 2017 airdrop boom in the Ethereum ecosystem. Back then, the threshold was so low it was almost negligible, and everyone could get a share. Now, seeing Binance Alpha set a threshold of 241 points, it’s hard not to feel that the market has changed dramatically.
This kind of points system is actually quite smart; it both filters out truly active users and incentivizes more people to participate in platform activities. From historical experience, this might be a win-win strate

#美联储货币政策 Looking back at history, changes in the Federal Reserve Chair have always affected the nerves of global financial markets. This time, with Hassett emerging as a frontrunner, it reminds me of the situation when Paul Volcker took office in 1979. At that time, inflation was high, and Volcker implemented aggressive monetary tightening policies, pushing interest rates above 20% at one point. Now, Trump seems to be heading toward the opposite extreme, seeking to promote drastic rate cuts by appointing trusted allies.
This approach is concerning. The Fed’s independence is the foundation of

#比特币现货ETF Looking back at Bitcoin’s historical cycles, the volatility triggered by this ETF reminds me of the 2017 bull market. At that time, the launch of Bitcoin futures by CME and CBOE also generated a lot of market buzz and price increases. But in 2018, we experienced a prolonged bear market.
Now, seeing Glassnode’s analysis report mentioning that Bitcoin has entered a deeply oversold state and the market may be forming an early bottom structure, it makes me reflect. On the surface, the hype brought by ETFs seems to be fading, with funds continuously flowing out and trading volumes remain

#Binance平台活动 Looking back on the ups and downs of blockchain projects over the past few years, I can't help but feel a mix of emotions. Now Binance has launched a new Alpha trading competition, which reminds me of how similar the events held by major exchanges were during the 2017 bull market. Back then, the market was booming with a hundred flowers blooming, various tokens competing to get listed, and investors rushing to participate.
However, things are different now. The market is more mature, and participants are more rational. This event focuses on BNB ecosystem projects, with a prize po

#加密货币空投活动 Thinking back to some of the airdrop events I participated in years ago, I can’t help but marvel at how quickly the market has changed. Recently, I saw that Binance Alpha launched the SUPERFORTUNE(GUA) airdrop, with an estimated single account yield of about $54. Compared to the hundreds or even thousands of dollars that airdrops used to bring in, this number does seem a bit modest. However, on closer reflection, this actually reflects the market’s maturity and rationality.
In the past, those airdrops worth thousands of dollars often came with projects that rose and fell dramaticall

#美联储货币政策 Looking back at the monetary policy cycles over the past few decades, the Fed's decisions have indeed had a profound impact on the markets. The results of this Reuters survey remind me of the round of easing after the 2008 financial crisis. At that time, the market also generally expected the stock market to continue rising, but in reality, there was significant volatility. Now analysts are predicting that the S&P 500 index could rise to 7,490 points next year, but I think we should remain cautious. After all, the rebound in inflation and the uncertainty of rate cuts are both potenti

#稳定币市场动态 Looking back at past stablecoin cycles, you can always see history repeating itself. This time, the WLFI rally and the potential ETH short squeeze analyzed by Yilihua remind me of the bull market at the end of 2017. Back then, the stablecoin market was still immature, and ETH soared from $300 to $1,400. Now, the market structure is vastly different, with more stablecoin options, ETF products, and gradually clearer regulations.
Although ETH is currently under short-selling pressure, its value is severely underestimated in the long run. I believe that once we get through the tough peri

#美联储货币政策 Looking back at the market fluctuations over the years really brings up a lot of emotions. The Federal Reserve's monetary policy has always been one of the key factors affecting Bitcoin prices. Recent news shows that expectations for a rate cut in December are heating up, which reminds me of the situation at the end of 2018. At that time, similar expectations triggered a small rebound, but ultimately did not change the course of the bear market.
However, the current situation is somewhat different. ETF inflows have provided new support for Bitcoin, something that has never happened b

#加密货币交易平台发展 Looking back at the history of blockchain development, I have witnessed the rise and fall of various trading platforms. From centralization to decentralization, from simple matching to complex mechanisms, every step embodies the wisdom and lessons of the industry. Seeing Uniswap launch a fee voting proposal today fills me with emotion. This is not only an inevitable step in DeFi’s development but also a challenge to traditional models. I remember the frequent blowups of early centralized platforms, and the emergence of Uniswap marked a new era. Now, with its latest innovation of i

#美联储货币政策影响 Looking back, I can't help but feel a surge of emotions. The Federal Reserve's changes in monetary policy always tug at the nerves of the entire financial market. Recently, remarks by Fed Governor Milan calling for sharp rate cuts reminded me of the years following the 2008 financial crisis.
Back then, to combat the economic recession, the Fed adopted an ultra-low interest rate policy. We witnessed the birth and rise of Bitcoin, as if a new era had begun. Yet, history always repeats itself. Now, Milan is making similar suggestions, claiming that the current economic situation calls

#比特币价格预测 Looking back at Bitcoin's history, such price fluctuations are not uncommon. From the $20,000 peak at the end of 2017 to the $3,000 low in 2018, and then to the new high of $60,000 in 2021, Bitcoin has experienced many ups and downs. Now, some analysts are predicting it might fall back to $80,000, which reminds me of the cyclical swings we've seen over the years.
The market always swings between fear and greed. When prices soar, everyone rushes in, afraid to miss out; when prices plummet, everyone scrambles to exit, fearing losses. However, looking back over Bitcoin’s 12-year develop

#美联储货币政策走向 Looking back, I can’t help but feel a surge of emotion. The changing of the guard for the Federal Reserve Chair always stirs up the markets. This time, with Hassett gaining momentum, I’m reminded of when Powell took office in 2017. Back then, optimism was high as well, with many believing he would continue Yellen’s policy path. However, things didn’t go as planned—Powell’s tenure saw dramatic shifts, including rate hikes, balance sheet reduction, rate cuts, and quantitative easing.
Now, as Trump once again seeks a pro-rate-cut candidate, Hassett seems to fit the bill. But history t