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The Cave Allegory
The author is the ancient Greek philosopher Plato
(428/427–348/347 BC).
At the beginning of Book VII of his dialogue
The Republic,
Plato tells this allegory through his teacher Socrates.
A group of prisoners are confined in a cave
from birth until they grow up.
Their hands and feet are chained, so they cannot turn around.
They can only look at the wall in front of them.
Behind them is a bonfire
that lights up the entire cave.
Whenever people outside walk past
carrying various tools and equipment,
the fire casts their shadows onto the wall.
The prisoners have never seen the ou
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Benjamin Cowen warns Bitcoin bears are in control? Key price levels reveal what?
Bitcoin is losing short-term momentum, and analyst Benjamin Cowen says the $83,000 level is now a critical technical threshold. After failing to hold most of its move up to $87,000, Bitcoin closed last week around $82,042. Cowen says another weekly close below $83,000 would make the recent rally look increasingly like a bull trap.
He also flagged that Bitcoin has dropped back below its 50-day moving average, a signal that is appearing across multiple risk assets. Nasdaq, the Dow Jones, Ethereum, and several altcoi
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BTC-0.67%
ETH-1.26%
NDAQ+1.18%
DOW+1.06%
Trenches
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A BYD Han DM-i car
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Long $INIT ‼️ Buyers are strongly defending the bottom; the price is expected to rise sharply toward the major liquidity zone above. Entry price: 0.2190 - Current price Take profit: 0.2501 Stop loss: 0.1997 Trade here: $INIT 👇
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INIT-2.53%
$LTC Currently at 59.42, up 4.39% over 24H (range: 56.89–59.85). The 1H structure is relatively strong, with RSI at 64; the 4H trend is similarly strong, with EMA20 at 57.65. Current 1H volume is only 0.35x the average. Further upside depends on holding above the 59.85 resistance; if price breaks below the 57.01 support, watch to see whether it can quickly recover. In the review, focus on whether a test of 59.85 can break through on rising volume; a rally without volume is likely to pull back. The market is volatile; for observation only.
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LTC-0.07%
#Gate广场万圣节 WLD$WLD Short-term bullish, but upside is limited; this is a structural catch-up rally as the broader market stabilizes, not the start of a trend. The Fear & Greed Index is at 51, in neutral territory. Sentiment is neither fearful nor overheated, indicating that the broader market lacks systemic selling pressure. When BTC stabilizes, capital is more willing to rotate into high-beta assets like WLD. WLD is currently at 0.4421, above MA5=0.4378 and MA20=0.4352. The MACD histogram at +0.00124 remains bullish, RSI at 58.4 is not overbought, and the Bollinger upper band at 0.4458 is the
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WLD-5.61%
ASTER-0.07%
ARB+1.17%
crypto market update
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LIVE2,347
#Share My Holding Returns# $JELLYJELLY
One strategy after another... My liquidation price is at $0.047, very dangerous 👀
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these guys from yesterday might be cooked.
The rate decision came in unchanged, holding at 3.75%–4%, as expected—but the outcome was actually more hawkish than expected!
Vote: 10 to 2. Governor Cook and Cleveland Fed President Hammack dissented, arguing for a rate hike now. The September hike passed unanimously, 12 to 0. This time, divisions have emerged, and they are moving in a hawkish direction.
The statement changed its description of economic growth from solid to strong, while inflation remains elevated. The sentence saying policy was helping inflation return to 2% was removed and replaced with language saying more information is
MSFT+0.17%
Bitcoins structure has changed.
Corrective price action & Bear flags on the way down.
Now, impulsive price action with bull flags on the way up.
It just is what it is.
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$LITE $COHR $AAOI bro what happened?
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LITE+5.45%
COHR+1.59%
AAOI+6.90%
$SNDK Over the long run, each bull-bear cycle in crypto wipes out ten times more people than it makes money for. Hundredfold and thousandfold gains are all fleeting; those who truly stay in the game rely not on nailing a single trade, but on surviving consistently for three to five years.
What feels like a massive market move to you now will look like just one candlestick when you look back six months from now. Don’t mistake short-term luck for long-term skill, and don’t let one loss make you doubt everything. Stay steady. Don’t rush.
If you’re unsure about the market’s direction, feel free to
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SNDK-0.18%
SKDD-1.02%
US FOMO meeting... How to view the trend
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LIVE1,619
The craft beers from Galápagos are so good 🍻
Gunshots rang out at the White House Correspondents’ Dinner, Trump was rushed out, and the gunman died at the scene. The fact that something like this could happen at an event like that makes the security lapse even more alarming than the incident itself. After working in risk management for so long, what I fear most is an unexpected black swan like this. Stop-loss and take-profit orders need to be set in advance—don’t wait for the news to break before reacting. What have you observed on your end? I’m going to wait for the official follow-up before saying more.
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#Share My Holding Returns# $JELLYJELLY
I’m still holding strong... this is a message to the pathetic market maker
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🎯 WHICH GOAL ARE YOU SHOOTING AT FIRST? 👀🔥
💰 $10K portfolio
💎 $100K portfolio
🚀 $1M portfolio
🏆 Financial freedom
Everybody has a target. The real question is, WHAT'S YOUR FIRST BIG WIN? 👇
Drop your goal in the comments! Let's see who's aiming for the stars. 🌟💸
#Crypto #Memecoins #100x
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21Shares, which oversees ~$7.56B across 67 crypto ETPs, holds 576,247,083.68 CRO in seed capital for its planned US Cronos ETF.
The CRO is held by BitGo Bank & Trust, a federally chartered national trust bank.
@CronosNetwork
CRO-2.47%
Everyone’s talking about AI startup valuations going crazy, but I want to ask one thing first: No matter how fast revenue grows, whose pockets does the money ultimately end up in?
Anthropic’s 14-fold growth this quarter is impressive, but “annualized revenue” is a lot like dollar-cost averaging: what matters is whether it can keep compounding over time, not whether it spikes in a single month. Annualized revenue is often calculated by multiplying the most recent month’s revenue by 12, or extrapolating from the run rate over the past few months. Change the methodology, and the number can look v
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