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In the era of large models, everyone is competing over chip performance and compute power. But what actually drags training and inference into the mud is often the underlying “environment puzzle”!

Microsoft and Tsinghua University recently published an interesting empirical study that turns its attention to infrastructure at the very bottom of the large-model stack: GPU kernel libraries. The researchers dug through 300 closed GitHub issues across seven mainstream GPU kernel libraries and analyzed, one by one, the causes of the errors that leave engineers pulling their hair out.

Many people m
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NVDA-5.47%
#BTC
Cycle spiral.
Friends, I wrapped Bitcoin $BTC price around a 4-year clock face. Each full rotation is 4 years. The farther from the center, the higher the price.
The red dots are cycle peaks. All four peaks in 2013, 2017, 2021, and 2025 are clustered in the lower half of the dial, in the last quarter of the year after the halving.
The green dots are cycle bottoms. The 2015, 2018, and 2022 bottoms are clustered in the lower-left area.
The black dot is today. Calendar-wise, we're in the area where the previous three bottoms occurred.
The bottom so far in this cycle is 57,734 on July 1. If i
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BTC-0.67%
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Why does trading more frequently make it easier to underestimate the impact of costs on long-term returns?

Many traders focus only on entry price, exit price, and profit or loss during their reviews, while overlooking a factor that continuously affects account performance: trading costs.

The cost of a single trade may seem small, but as the number of trades continues to increase, these costs can gradually erode an already limited profit margin.

I. Small per-trade costs do not mean a small long-term impact

Suppose a trader completes one buy-and-sell transaction each time, with fees and slip
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From 1.5WU to 35WU, what you really need isn’t to go all-in, but to take it one steady step at a time.

People often think that to grow their capital quickly, they have to make a big bet and catch a major market move.

But in practice, you’ll find that what really grows your capital usually isn’t getting one bet right, but building on opportunities one after another.

I’ve always felt that the biggest mistake in trading is being impatient.

When your capital is small, you want to turn things around in one shot; once it grows, you want to speed up even more. In the end, it’s easy to give back e
BTC-0.65%
ETH-1.23%
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Is the Crypto Market Really Short on Money? Who Is Deciding the Next Bull Market?

The crypto market has continued to fall recently, and many investors have begun to believe that there is no longer any new capital entering the market. But I think a more accurate way to put it is that the market is going through a period of liquidity contraction, investors staying on the sidelines, and asset repricing.

To assess the next bull market, we need to focus on three sources of capital.

First, global liquidity. The Fed’s interest rate policy, the US dollar index, and the monetary conditions in major
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USDC+0.01%
BTC-1.45%
November 11 $ETH Market Update

Ethereum has fallen to around 2000. What should we do??

ETH has dropped sharply over the past few days, and market sentiment has turned broadly bearish, with many expecting prices to fall further.

But trading shouldn't be based solely on price movements; sentiment is also an important reference point.

On the daily chart, ETH previously saw a modest rebound at the first support level. The current price is in the second support zone I'm watching. I don't consider this a definitive bottom.

It's worth noting, though, that when bearish sentiment is widely shared
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SevenSevenSeven
November 10 $ETH Market Update Rate hike expectations are heating up; waiting for CPI to set the direction A recent New York Fed survey showed that one-year inflation expectations reached 3.9%, above the expected 3.78%. Combined with Fed officials’ repeated emphasis on inflation risks, concerns about a December rate hike have resurfaced. U.S. October CPI will be released tonight at 21:30. This report is very important.
ETH-1.23%
Why does more frequent trading make it easier to underestimate the impact of costs on long-term returns?

When reviewing their trades, many traders focus only on buy prices, sell prices, and profit or loss, while overlooking a factor that continuously affects account performance: trading costs.

The cost of a single trade may seem small, but as the number of trades increases, these costs can gradually eat into an already limited profit margin.

I. A small cost per trade does not mean a small long-term impact

Suppose a trader pays an average of 0.1% of the trade amount in combined fees and sli
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Why Can a Strategy Perform Well in Trending Markets but Suffer Consecutive Losses in Choppy Markets?

Have you noticed this phenomenon?

When the market keeps rising, a strategy may seem to generate accurate signals and steady profits. But when prices start moving sideways and fluctuating up and down, the same strategy may hit stop-losses repeatedly.

Why do the results change completely when the trading rules stay the same?

The answer may be that a strategy’s edge often depends on specific market conditions, rather than working in every market.

I. What exactly is the difference between tren
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What Exactly Is the Funding Rate? How Does It Affect Trading?

In cryptocurrency futures trading, many people focus only on BTC price movements every day, while overlooking an important metric: the funding rate.

Sometimes, BTC keeps rising, yet traders going long have to keep paying funding fees. Why is that?

First, the funding rate is a fee periodically paid between longs and shorts in the perpetual futures market. Its main purpose is to help keep futures prices close to spot prices.

When the funding rate is positive, it usually means the perpetual futures price is relatively high, and lon
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BTC-0.65%
🏆 Gate Live Carnival Final Leaderboard Sprint! TOP 10 Leaderboard Announced—Win Exclusive Merchandise!

The event enters its final day, and the Heat Points leaderboard is fiercely contested! The top 7 users have all reached 5,641 points. In the event of a tie, users who earned their points by completing tasks earlier will rank higher!
🎁 Extra TOP 10 rewards: Each winner gets 1 piece of exclusive Gate merchandise!
🎯 Every 80 Heat Points earns you 1 lucky draw entry! You still have a chance to win great prizes, including an iPhone DUO, GT, USDT, and futures trial vouchers!
⏰ The event ends to
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GT-2.41%
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#GateGlobalComplianceExpansion
GATE’S GLOBAL COMPLIANCE EXPANSION: 81 REGULATED JURISDICTIONS AND A STRONGER FOUNDATION FOR DIGITAL ASSETS.

A global crypto exchange needs much more than high trading volume, a wide selection of tokens or attractive products. It needs a clear framework for operating responsibly across different legal systems, protecting customers, managing risk and communicating transparently. Gate’s reported compliance footprint now spans 81 regulated jurisdictions across Europe, North America, Asia and Oceania. This is an important milestone in the development of its interna
How to Identify Market Trends? Improve Your BTC Trading Win Rate with Trend Analysis
In cryptocurrency trading, many people look for the best entry and exit points every day, but overlook a more fundamental question: What trend is the market currently in?
If you haven’t clearly determined the market’s direction, even using more technical indicators may lead you to make the wrong decisions again and again.
First, learn to identify the three basic market conditions.
First, an uptrend. Prices keep forming higher highs and higher lows, indicating that buyers have the upper hand. In this situation,
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BTC-0.67%
Why do more detailed trading records make it easier to spot problems in a strategy?

Many traders make a habit of reviewing their trades, but an effective review is not simply a record of how much money you made or lost today.

If a trading log only includes the entry price, exit price, and final profit or loss, you may know you lost money, but it can be hard to tell why.

The value of a trading log lies not in preserving the past, but in helping you identify recurring problems.

I. Why is recording only profit and loss far from enough?

Suppose two trades both lose $100.

For the first trade,
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Privacy coin #ZEC just fell below 1000😱, reaching 965. Yesterday's short-term trade hit take-profit perfectly! This move is down 19.62%. Take profit on 90% now; everyone can manage the rest yourselves! $ZEC
飞鱼2026祝福版
Latest ZEC strategy! Don't miss it!!!
ZEC+1.16%
$BLUAI With a market cap of just $8 million, can one sudden rally really send it flying? The market is so small that it can rise fast, but it can fall just as fast. Don’t get carried away by a single green candle. 90-day trading P&L: +$1,510.48, +69.01%; $BLUAI currently +14.68%. The explosive potential and pullback risk of small-cap coins have always gone hand in hand. Before chasing, think carefully about which leg of the rally you’re getting in on. Risk warning: The above is only a personal trading record and market observation, and does not constitute investment advice. Crypto assets are
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BLUAI-1.71%
Four candles from 21:00 to 00:00 / 498 million contracts
The 23:00 candle alone: 197.6 million / 5.5x average volume
Dumped from 74372 to 73181 / wicked down to 72815.8
Another hit at 00:00 / 72692.6 / the bottom
Fourteen candles from 01:00 to 14:00 / 298 million contracts / 60%
Recovered 1163 points / on 60% of the sell-off volume
Chart close 73855.8 / currently 73810.1 / both above MA20 at 73696.4
Funding +0.01% / longs are still paying
24h high 74961.5 low 72692.6 / range 3.1%
Touched 74027.6 at 05:00 this morning / hasn't touched it since
Let's talk again if it gets above 74027 / if it can
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BTC-0.65%
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On top of that, there’s a massive concentration of actual long liquidity below the current price on Hyperliquid.
Bitcoin Liquidation Map: real Hyperliquid positions vs the leverage model 👇
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HYPE+0.33%
BTC-0.65%
$ARIA Up 22.93% in 24 hours, currently at 0.2280. The high of 0.2329 is where it just got dumped from—late buyers are already trapped at the top. Trading volume of 129.3M shows ample turnover, but the 30% range from 0.1780 to 0.2329 is clearly being driven by sentiment, not value buyers stepping in. There’s no new fundamental narrative, and I haven’t seen sustained net inflows on-chain. I view this rally as a short-term trade, not a trend. Plan: scale in on dips in the 0.208–0.212 range, with a position no larger than 20%; set a stop-loss at 0.196—a break below 0.196 would mean this sentiment-
ARIA+22.03%
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