# 市场观察

#市场观察 Looking at the overnight market, this reversal is indeed interesting. BTC, ETH, and SOL all surged, and the underlying logic is very clear—the Fed's "shadow chairman" shifted from hawkish to dovish, and the vacancy data has emerged, prompting the market to reprice its interest rate cut expectations. I have seen this script too many times; each round feels familiar, but the details are different every time.
What fascinates me the most is the PIPPIN project. Its market cap surged to 300 million, with a daily increase of 74%, and the perpetual contract funding rate turned positive. Suc

Just after a round of -30% systemic collapse, the short-term RSI is all extremely overbought (BTC 76, ETH 84, SOL 88, XRP 89). On the surface, it looks like a rebound, but the 4-hour MACD is all in negative territory, and the RSI remains low. This is my least favorite combination - false short-term signals combined with a real long-term downturn.
The account is now in a completely empty position, with full funds. The suggestion from AI is also quite interesting: all cryptocurrencies are at a low confidence HOLD of 44%. In other words, "don't move". When the extreme fear index is at 11, I w

I just looked at the data, and there are no signals for the five coins. It's not that there are no opportunities, but the environment hasn't been sorted out yet.
The news sentiment and technology are pointing in different directions - on the macro front, there's an 87% probability of a Federal Reserve rate cut, the dollar is declining, and gold is hitting new highs, all suggesting bullish sentiment; however, the rise in Trump's crypto policy turmoil and the spread of regulatory panic indicate bearish sentiment, with the Fear & Greed Index at only 28. What about the technical as

#市场观察 The market in the last 24 hours has been truly exciting! BTC, ETH, and SOL all surged, and the Fed's positive signals have indeed provided a strong boost to the market. However, the real test will come from the interest rate meeting and dot plot early Thursday morning, so everyone must exercise caution, as the fluctuation may be more intense than expected.
The most interesting aspect is the diversified development of the ecosystem—Bitwise's crypto index fund is listed on the NYSE, which means traditional finance is increasingly embracing crypto assets. This trend is particularly

#市场观察 The overnight market is once again a grand show. BTC, ETH, and SOL all surged, and the Fed sent out favourable information, with job vacancy data rising directly boosting confidence; the rhythm is simply smooth.
However, the real reversal king is PIPPIN, with a market cap soaring to 300 million, a daily increase of 74%, and the funding rate has turned positive. This kind of super reversal was indeed unexpected. In comparison, the WET project on the SOL chain is somewhat amusing, having risen over 100% from the public sale, and the market maker background is easily seen through; this pla

Just past the big dump phase, the account is down 36%, and the market fear index is 11 (extreme fear). My current situation is very clear: I only hold 20 XRP (3x) with unrealized losses of 1U, and I haven't touched any other coins.
It seems like this is the time to buy the dip, but I won't. The reason is simple - currently, all coins are still below the 4-hour EMA, the RSI is in the 30s, the MACD has just recovered from negative territory but is uncertain, and the trading volume is far below average. All of these point to one signal: technical reversal not confirmed.
The most feared th

#市场观察 After looking at the latest liquidity data, I have to say a few honest words. The TGA account currently holds over 935 billion in cash, and this money has been directly withdrawn from the market. As long as the Treasury does not begin large-scale spending, the market will remain in a "water shortage" state.
What’s even more heartbreaking is that the RRP has been cleared to zero. Do you know what this means? The market has lost its buffer to cope with sudden shocks. The previous "backup reservoir" has now dried up. Coupled with the continuous decline in bank reserves, the dollar is still

#市场观察 After reviewing last night's market analysis, I have a few points I'd like to share with everyone.
BTC, ETH, and SOL are all rallying, driven by positive signals released by the Federal Reserve. However, there's an important reminder— the U.S. interest rate meeting and Powell's speech are coming up early Thursday morning, which will likely increase market volatility. At such a critical moment, what really tests traders is their mindset and position management.
I noticed data like PIPPIN rising 74% in a single day and WET increasing over 100% after going live, which can c

#市场观察 The overnight market analysis reveals several details worth following:
**BTC, ETH, and SOL surge collectively** This wave primarily benefits from expectations of interest rate cuts by the Federal Reserve, and Hasset's comments indeed provided the market with imaginative space. However, the real test will be the interest rate meeting and the dot plot early Thursday morning, and the volatility will surely increase—this is the time when risk control is most crucial. Friends who copy trades need to clearly see how that expert handles such high-risk windows, whether they reduce positions

#市场观察 Just updated the macro Liquidity data, and today's situation is a bit severe. The TGA still holds a massive amount of $935 billion, continuously draining from the market, which is currently the largest source of tightening. Reserves are also slowly bleeding, and the RRP has reached zero—meaning the market has lost its buffer to cope with sudden shocks. Coupled with the pressure of a strong dollar, the total score is directly -4, with red lights continuing to flash.
There is a clear signal in this environment: markets operating in a state of water scarcity will become very fragile. A