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Excessive centralization is indeed a problem, but how many truly decentralized projects are there in the market now?
Most of them are centralized operations disguised as decentralized ones. The key is to look at the team's execution capability and transparency, rather than just the governance structure.
As for speculative projects, my view is: the market is not lacking in speculation, but rather in substantial speculation.
Pump is the best example, pure PVP but at least the logic is clear. Those projects that are overly packaged and have unrealistic promises are actually dangerous because risk management is out of control.
To be honest, true alpha information is never widely disseminated; this is a basic rule of market competition. What can be publicly stated is basically already a consensus.
Last reminder: choosing a car is important, but knowing when to get off is even more important.
🔥 Current Market Guide (2025 Easy Profit Version )
$BTC : Yesterday, the price quickly dropped to around 101500 and then bounced back to around 112000, fluctuating. It fell with the U.S. stocks but didn't rise, which is indeed a bit strange. Many altcoins have been cut in half, dropping 90%.
$BNB : To make it perish, one must first drive it insane. It has rebounded quite a bit from its lowest point, really strong, even though it has fallen a lot, it is still at a high position, the more it rises, the more it will be sold off.
$ETH : It follows the trend of Bitcoin, basically fluctuating in tandem with Bitcoin. Currently, there are 2.36 million Ethereum staked in the queue, selling on highs, clearing positions in November.
Some important news yesterday:
1. In the past 24 hours, the total liquidation in the contract market reached 19.111 billion USD, with over 1.62 million people liquidated, mainly affecting long positions.
2. U.S. stock market closing yesterday: The Nasdaq fell 3.5%, marking the largest single-day drop since April 10.
3. Cryptocurrency blogger Konstantin Galich was found dead by suicide amid yesterday's market crash.
Let's talk about today's daily BTC technical analysis. From the candlestick chart, the 1-hour level is declining, the 4-hour level is set to decline, the 12-hour level is declining, and the daily level is declining. The intraday resistance is at 113000, and the support level is at 106000 dollars.
Disclaimer: Personal operation diary, not investment advice! This article comes with a 50% inverse Buff, don’t blame me if the market slaps you in the face #Bitcoin CryptoRecovery