#加密货币现货ETF发展 Looking back at the development of cryptocurrency ETFs over the years, I’m truly filled with emotion. I remember when Bitcoin ETF applications were repeatedly rejected and market enthusiasm was at a low point. Now, seeing products like IBIT with short interest dropping sharply—almost returning to pre-April rally levels—reminds me of when the Winklevoss twins first submitted their Bitcoin ETF application in 2013. The market was still very immature back then, and regulators were extremely cautious. Over the past decade, as the industry has matured, investor education has deepened,

#美联储政策预期 Looking back at the market’s ups and downs over the years, every policy change by the Federal Reserve has played out like a grand drama. Now, expectations for a rate cut in December have risen to 82.7%, as if history is about to repeat itself. Bitcoin has broken through $89,000, and the Nasdaq surged 2.69%—this scene reminds me of the frenzy at the end of 2017. But history tells us that excessive optimism is often a dangerous signal.
From past experience, the Fed’s statements often trigger an overreaction in the market. Right now, investors seem very confident in bullish year-end opt

#稳定币发展 Looking back at the development of stablecoins, I’ve witnessed the evolution from the early days of USDT to the emergence of various innovative models today. The payments giant Klarna plans to launch a stablecoin in 2026, choosing to issue it on the emerging Tempo blockchain, with backing from Paradigm and Stripe—this is truly eye-catching.
This reminds me of the sensation caused in 2019 when Facebook (( now Meta )) announced the Libra project. At that time, a traditional financial giant was also entering the crypto space, attracting huge attention and controversy. However, Libra ultim

#美联储货币政策预期 Seeing this report from HSBC, I can’t help but recall the days after the 2008 financial crisis. Back then, the market was also filled with pessimism, but it was precisely in those troughs that new opportunities emerged. The current situation is somewhat similar to that time—the VIX futures curve shows spot premium, and the S&P 500’s expected net profit (excluding tech stocks) has dropped by 8%, both reflecting weak market sentiment.
However, history tells us that it’s often when everyone feels gloomy about the outlook that it might actually be a good time to increase positions. Jus

#加密货币ETF发展 Looking back, the development of cryptocurrency ETFs has truly been full of ups and downs. From the first Bitcoin ETF application in 2013 to today’s altcoin ETF boom, it’s been a full ten years. During this period, we experienced countless rejections and disappointments, but those of us who are veterans in the field always believed that this day would come.
Now, seeing US altcoin spot ETFs gearing up for launch, with over a hundred ETFs ready to go, I can’t help but feel emotional. Giants like Grayscale and Franklin Templeton are entering the market, and popular altcoin ETFs such a

#比特币价格走势 Looking back, Bitcoin's price movements have truly been full of ups and downs, dramatic rises and falls. This time, it dropped from $96,000 to below $81,000, then rebounded to around $89,000, which reminds me of those volatile days in the past. Interestingly, the main performers in this rebound are altcoins—RAIN, ENA, XRP have all shown good performance. Based on historical experience, this phenomenon often signals improving market sentiment, with investors starting to seek higher risk and higher return opportunities. But at the same time, we must be cautious, as excessive speculatio

#美国经济指标 Looking back at the past several decades of US economic cycles, this time is indeed somewhat unique. Economic growth has slightly accelerated, but inflation remains high and the job market appears weak. This reminds me of the stagflation period in the 1970s. However, the current situation is also different in some ways. The drag on economic growth from tariff policies and immigration enforcement, as well as the potential benefits from productivity improvements, are all new variables.
From a historical perspective, the Federal Reserve tends to act cautiously under such circumstances. I

Looking back at the Monad airdrop incident, it inevitably reminds one of those ICO projects during Ethereum’s rise in 2017. At that time, many users also suffered heavy losses due to operational mistakes or project vulnerabilities. More than five years have passed, technology has advanced, but the weaknesses of human nature remain unchanged.
The user who mistakenly burned $112,000 worth of MON rewards is most likely a beginner. Submitting failed transactions repeatedly without noticing, ultimately burning all their tokens—this kind of mistake was very common in the early days. I remember durin

#美联储货币政策预期 Looking back, I have personally experienced countless market fluctuations. The current correction in the US stock market reminds me of the days following the 2008 financial crisis. At that time, the market also went through violent swings, and investor confidence was deeply shaken. However, history always repeats itself.
Now, it seems that this round of adjustment may have bottomed out. UBS's analysis makes a lot of sense—both technicals and fundamentals are showing positive signals. In particular, the S&P 500 and Nasdaq 100 have both dropped to near their 100-day moving averages,

#美联储货币政策预期 Looking back, the Federal Reserve’s monetary policy adjustments have always affected the nerves of global financial markets. Now, with expectations of a rate cut in December heating up, I’m reminded of the period following the 2008 financial crisis. At that time, to stimulate economic recovery, the Fed implemented large-scale quantitative easing policies, bringing interest rates down to near-zero levels.
Today, the situation seems somewhat similar. CME data shows the probability of a 25-basis-point rate cut in December has risen to 82.7%. Behind this shift is the market’s concern a

#比特币价格走势 Looking back at Bitcoin's price movements over the years really brings up a lot of emotions. The recent rebound to $89,000 reminds me of the wild bull market in 2017. Back then, us old-timers thought $20,000 was the peak for Bitcoin, but who would've thought it would multiply several times since then? But the market always goes in cycles. This time, the drop from $96,000 to $81,000 brings back memories of the big crash in 2018.
What's interesting is that this rebound is being led by altcoins. RAIN surged 100% in a single day, and XRP, ENA, and others also saw double-digit gains, show

#加密货币支付创新 Looking back at the development of cryptocurrency payments, it's truly an emotional journey. From Bitcoin’s earliest use in buying pizza to mainstream video platforms like Rumble now enabling crypto tipping, the changes have been monumental. Tether’s strategic investment in Rumble and its support for launching crypto wallets and tipping features have undoubtedly marked a milestone. This reminds me of the sensation when Twitch first supported Bitcoin tipping in 2017—many believed it would set a trend. However, it turned out that a single platform's attempt was not enough to shake the

#比特币市场分析 Looking back at the market over the years, it’s truly been a sea change. Bitcoin has once again reached a high of $80,000, but this time the rebound is being led by altcoins. Thinking back to the bull market of 2017, it was also a carnival for altcoins, with ICOs flourishing everywhere and countless stories of overnight riches. But in the blink of an eye, the bear market arrived and many projects vanished into thin air.
Now, seeing new projects like RAIN and ENA skyrocket, it inevitably reminds me of EOS and NEO back in the day. History really does repeat itself, though the details a

#美联储货币政策 Looking back on the past always evokes deep emotions. These days, seeing the news about the soaring probability of a Fed rate cut, I can't help but recall the years following the 2008 financial crisis. At that time, to address the economic recession, the Federal Reserve implemented large-scale quantitative easing policies, bringing interest rates down to near-zero levels. Back then, cryptocurrencies were still in their infancy, and Bitcoin had just been born.
Now, the market is once again anticipating a shift to accommodative policies by the Fed. According to CME data, the probabilit

#加密货币市场趋势 Looking back, the volatility of the cryptocurrency market always evokes a lot of feelings. This time, Deutsche Bank has given 5 reasons for Bitcoin's plunge, which reminds me of the experiences from previous bull and bear cycles.
The spread of risk-off sentiment in the market and the simultaneous decline of Bitcoin and tech stocks was something we saw during the 2018 bear market. Back then, we naively thought Bitcoin could be a safe haven asset, only to find out it was more like a risk asset.
The Fed's hawkish signals are also not affecting the market for the first time. I remember

#加密货币监管 Looking back at the development of cryptocurrency over the past few decades, regulatory policy has always been a major focus of the industry. Recently, the Korean financial intelligence authorities’ sanctions against multiple exchanges reminded me of the period in 2017 when China halted ICOs and shut down exchanges. At that time, the market was in an uproar, and many believed it was the end of the crypto industry. However, facts have proven that regulation is not a destructive force, but rather a necessary measure to promote the healthy development of the industry.
This round of sanct

#美联储降息预期 Looking back at history, every time the Federal Reserve signals a rate cut, it always stirs up the markets. Now, HSBC's analysis has once again reminded me of the rate-cutting cycle after the 2008 financial crisis. At that time, risk assets also experienced similar sluggish sentiment, but what followed was a decade-long bull market.
However, although history shows similarities, it never simply repeats itself. The current market environment is very different from back then, especially with the technology sector now playing an even more dominant role. The abnormal movement of the VIX f

#Binance Alpha争议 Looking back on the past, I can’t help but feel a surge of emotions. The news that Binance Alpha is launching SUPERFORTUNE (GUA) reminds me of the many projects that have come and gone through several bull and bear cycles. From the ICO boom in 2017 to today’s airdrop frenzy, the market always seems to repeat similar patterns.
How many of those once-popular projects are still active today? Every time a new project is launched, it sparks a wave of excitement. But history tells us that only a handful of projects can survive long-term and create value. Can GUA become an exception

#加密货币市场波动 Looking back, the market always moves in cycles. Seeing that Bitcoin year-end options are still bullish reminds me of the wild bull market at the end of 2017. Back then, everyone was dreaming of Bitcoin reaching $100,000, but the full-year bear market in 2018 shattered many people’s dreams. Now, it seems market sentiment is starting to heat up again.
The Fed’s dovish remarks have indeed given the market a shot of adrenaline, but we can’t ignore the underlying risks. Retail data, core PCE, and ETF fund flows could all be key factors influencing short-term trends. History tells us tha