This wave of buying the dip at 3400 for $eth, previously following Cathie Wood and FOMOing into $bmnr at 40, has all made profits this time. Unfortunately, I sold $ena too early and didn't dare to buy back later. I took profit on 10% of my position at around 3800 for $eth and have no regrets. Waiting for the CPI data on August 12, the market will have fluctuations. We'll see then if I buy back in.

This wave of buying the dip at 3400 for $eth, previously following Cathie Wood and FOMOing into $bmnr at 40, has all made profits this time. Unfortunately, I sold $ena too early and didn't dare to buy back later. I took profit on 10% of my position for $eth around 3800 and have no regrets. Waiting for the CPI data on March 12, the market will have fluctuations. We'll see then if I buy back in.

Recently, weekends tend to see some emotionally driven market movements, and if the U.S. stock market doesn't continue this trend when it opens on Monday, it can quickly reverse back down. For example, on July 14, during the Asian trading hours, BTC broke through 123,000, but quickly fell back before and after the U.S. stock market opened. Also, during the weekend of August 2-3, the panic from Friday continued, and the crypto market kept plunging, only for the U.S. stock market to recover its sentiment on Monday and pull back. Looking at it now, the weekend market is purely driven by crypto retail investors, which can easily amplify fear and greed. If these emotions can be managed well, it presents a great opportunity in crypto. Typically, if there is a widespread panic sell-off over the weekend, it often rebounds on Monday, or even starts to recover on Sunday night. The opposite is also true.

$soon and $bio have actually both gone up. Quickly open the presale page and sell the unlocked ones. 😌

I just listened to an interview with LACY HUNT, a renowned economist, and here are some summarized points: 1. The annualized tariff volume is currently at $350 billion, while companies have only paid over $500 billion in total taxes in 2024, so don't underestimate the revenue from tariffs; it's significant. 2. The first-order effect of tariffs is inflation, but the subsequent second-order and third-order effects are deflationary, as they severely squeeze demand. 3. The second-order squeeze includes foreign investment in the U.S.; when tariffs reduce the trade surplus of foreign countries with the U.S., naturally, their investment in the U.S. will also decrease (such as U.S. Treasuries, U.S. stocks, corporate bonds, etc.). 4. The second-order effect will put significant pressure on liquidity, while the Federal Reserve is still reducing its balance sheet. LACY HUNT believes the Fed needs to use QE to counter the second-order effects and provide liquidity to the market. 5. From a fiscal stimulus perspective, Trump's Great American Plan only adds an extra $50 billion a year, which is insufficient to meet the demand for liquidity. Finally, here are some of my thoughts. I can't help but admire the perspective economists have when viewing issues from a higher vantage point. Let's change our thinking: the U.S. government has increased fiscal revenue by $300-400 billion due to tariffs, and this money must come from somewhere in the world (it could be from Chinese exporters, U.S. import companies, retailers like Walmart, or each of us consumers). So from this angle, its global impact is to contract liquidity; of course, the U.S. government can redistribute it (through additional fiscal stimulus). Therefore, I somewhat agree with Bessenet's viewpoint: everyone says tariffs have an inflationary effect, and the tax cuts from the Great American Plan also have an inflationary effect; these two viewpoints are contradictory. Tariffs are essentially tax increases, while the Great American Plan is a tax cut.

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$TOKABU $100M ASAP!!!!!!!!!!!!!!!!

$bmnr is back to profit! $eth is making money! Every time I'm happy, I take some profits. When I'm in pain, I buy a little. The understanding king will speak again soon!

Waking up, $prove has skyrocketed. The logic of new coins is sometimes straightforward, sometimes counterintuitive; it's really lacking talent. It seems the main reason is the high opening on-chain, and Binance intentionally lowered the opening price to create opportunities. Anyway, it has nothing to do with someone like me who just sleeps. Last night I went long on $pump, didn't take profits, and ended up with a small loss instead. Can't keep up 😳 My position in $spark is too small, and I didn't dare to add more, which is uncomfortable 😓 $towns has been consolidating, and I took a small profit and ran. Currently, it looks like the pump ecosystem is collectively taking off, but I don't know how long it can last. I always feel like $pump is missing a revenge bullish candle. But considering the recent market risks and a lot of trapped positions, it's quite difficult.

The US stock market is currently rebounding strongly, hoping it stays strong until the close! Buying the dip on $eth feels great, hoping to continue feeling good tomorrow! There are many things happening tomorrow. The project succint $prove invested by paradgim is going live on Binance Alpha. a16z and cb's investment $towns is going live on Binance and Bybit. There's also a BSC project related to robots, $rice, launching on TokenFi IDO. I will focus on $towns and $rice.