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Everything has a heart, and the world has flavor.
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From a young age, we were taught to work hard, achieve results, and earn the recognition of others.
As we grow older, we gradually come to understand that craving to be favored, recognized, and affirmed by others, and being fixated on external opinions, are actually the fundamental causes of inner turmoil.
When we place our hopes in others and expect them to evaluate us positively, we are actually handing others the ruler by which to measure the value of our lives.
The reason many people suffer throughout their lives is their excessive expectations of the outside world. We long for love, hopin
The essence of the decline in South Korean stocks is not that the memory chip cycle has peaked, but that global capital is repricing the risk-reward profile of the “AI trade.”
Many people simply attribute the sharp decline in South Korean stocks to a “semiconductor pullback,” but I believe we need to look one level deeper.
Richard Tang, head of research at Julius Baer, put it bluntly: “We are seeing more and more capital flow back into U.S. equities, exacerbating the continued outflow of foreign capital from the South Korean market.” Foreign investors have withdrawn $131 billion from South Kor
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Macro data will be dense this week, so we still cannot let our guard down
I think the most important thing to watch this week remains the US CPI data.
The market has been pricing in expectations that the Federal Reserve will continue raising rates. Although the probability of an October rate hike has declined recently, this does not mean macro pressure has completely disappeared. The real key is whether inflation data will make the market concerned about rate hikes again.
On Wednesday, focus on the US September CPI and core CPI. On Thursday, watch initial jobless claims, retail sales, PPI, and
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BTC-0.49%
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The concentration of the US market has reached an unprecedented level: the five largest companies by market capitalization in the S&P 500 now have a combined market capitalization of $21.6 trillion, accounting for nearly 30% of the index’s total market capitalization.
According to analysis by “The Compound,” this figure is equivalent to the combined market capitalization of the 434 smallest companies in the index. This means that just five stocks account for a market capitalization comparable to that of the remaining 434 constituents, highlighting the extremely high concentration at the top of
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SPYX-0.12%
Many people trading altcoins share a common problem: they only accept them going up, not going down.
Take MINA, for example. It rebounded by around 15% today, and many people started getting excited, wondering whether the market was coming back; they had also forgotten the pain of its steady decline over the past few days.
I have always felt that the hardest part of trading altcoins is not determining whether they will rise, but whether you can accept the psychological gap caused by their rises and falls.
Altcoins are inherently highly volatile. When they rise, it is easy to become hopeful; wh
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MINA-3.50%
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U.S. stocks are seeing indexes rise, but money is flowing out. On October 9, all three major indexes closed higher, with the Dow up 0.83% at 51,654.95 points, the Nasdaq up 0.64%, and the S&P 500 up 0.59%; all posted gains for the week. But fund-flow data reveals cracks—U.S. individual stocks saw $11 billion in outflows over the past week, the third-largest single-week outflow since 2008, with 9 of the 11 sectors experiencing outflows. The semiconductor sector came under notable pressure, while IT hardware and software outperformed, and the strong performances of Hewlett Packard Enterprise, Ci
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IT+1.05%
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What is interesting about Justin Sun is not how many things he has done, but that he can always make everything eventually become “something Justin Sun has done.”
Some people start businesses to build companies; some invest to make money; some appear in the news because something happened. Justin Sun is different. When he does these things, he seems to also have to complete a more important task along the way: making sure everyone knows that he did it.
That is certainly not a sin.
In this era, being unknown is sometimes worse than failure. If you fail, at least someone knows you failed; if you
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Many people, myself included, sometimes have a very obvious trading habit:
When the market falls, we feel it has probably bottomed out and cannot help wanting to buy the dip.
When the market rises, we feel it has gone up too much and cannot help wanting to short it.
Later, I realized that many times, what we are trading is not the market, but our own first reaction.
When prices fall, we instinctively feel they are already cheap; when prices rise, we instinctively feel they are already expensive.
But this is exactly where the market most easily makes people get things wrong:
Cheap does not mean
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Looking at the three questions together, I believe a 25-bp rate cut in October remains the baseline case, but the real risk lies not in October, but in the path thereafter.
The logic supporting an October rate cut is clear: The core consensus in the September minutes was that downside risks to employment have increased significantly, providing strong grounds for a rate cut. CME data also shows that the market is pricing in a probability of more than 94% for an October rate cut. In the absence of a major data surprise, the Federal Reserve is unlikely to “turn dovish” at a meeting that is alread
#每周来晒 #Nonfarm Payrolls Data
Nonfarm payrolls are out, so let’s discuss several trading directions I’m watching.
First, a review of the data: September nonfarm payrolls increased by only 29,000, versus expectations of 84,000; the unemployment rate was 4.2%, versus expectations of 4.1%; the previous figure was also revised down by 60,000. This set of data has a “two-way” impact on the market—it is bullish for risk assets in the short term, but exposes concerns about a weakening economy over the medium term.
Direction one: Bitcoin. After the data, BTC briefly surged to $87,000, up more than 3% i
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The probability of a rate hike in October has risen to 70.9%.
The market has already undergone a correction as rate-hike expectations heated up, but the probability is still continuing to rise, indicating that the market clearly has not fully priced in the prospect of higher rates lasting longer.
I think the focus next should be on data such as employment and PCE, and whether they will cause rate-hike expectations to continue heating up.
If expectations continue to rise, BTC will remain under pressure. ​​​#BTC回落至83000美元
BTC-0.49%
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FeaturedAfter Bitcoin surged last night, it fell back again, so I went through the market action from the past few days all over again.
My judgment is now clearer than it was a few days ago:
The market is gradually forming a relatively weak downward structure.
This is not because of any single decline, but because the price action over the past few days has begun to show some fairly clear characteristics:
Slow rises, fast drops.
When prices rise, they grind higher bit by bit over a relatively long period;
but once selling pressure emerges, the pullback accelerates noticeably.
This is actually more wor
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BTC-0.49%
Are you riding with the Meme coin “train,” or following the KOL’s “mouth”?
The Meme sector pulled back this week, with PEPE and WIF retreating from levels where their seven-day gains exceeded 40%. WIF fell over 11% in 24 hours, while PEPE’s market cap dropped back to $1.874 billion. The group was full of lamentations, but my copy-trading account managed the drawdown fairly well because I’ve learned my lesson this time.
I previously followed a KOL’s call post. All the screenshots he shared showed profits, but I lost 15% after following him for three days. Later, I discovered that his strategy w
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MEME-1.31%
PEPE+1.97%
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My Mid-Autumn Festival Cross-Market Trading Experience: Buying U.S. Stock Tokens on Gate
Happy Mid-Autumn Festival! Today I’m not talking about candlestick charts, but something I recently started exploring—stock tokens.
Last month, I enabled stock token trading on Gate, and the first tokenized stock I bought was Tesla. Why did I want to try it? Because besides my crypto positions, I’ve always wanted some exposure to U.S. stocks, but opening a traditional brokerage account is too cumbersome. Also, U.S. stock markets are closed on weekends, so when market conditions change, there’s nothing you
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After BTC returned to 86,000, DOGE surged as much as 22% in a single day, reaching $0.104. Trading volume hit a yearly record, while DOGE also broke above the 200-day moving average ($0.098). Many people’s first reaction to a rally like this is to chase the price, but my view is that a pullback and confirmation after breaking through a key moving average offers the best risk-reward entry point.
My strategy: After DOGE pulls back to the $0.093-$0.095 range, I will build a long position in batches, with a stop-loss at $0.085. This stop-loss level was not chosen arbitrarily—it corresponds to the
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BTC-0.52%
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MEME-1.48%
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Assuming the pullback really comes, how should we choose between BTC, ETH, and altcoins? My own answer is: BTC as the foundation, ETH based on its breakout structure, and altcoins only for short-term upside.
ETH just turned the $2,560 ceiling that had capped it for four weeks into support this week, and its technical structure is much clearer than before. RSI is around 67, not yet overbought, while the MACD histogram has just turned positive. The next level to watch above is $2,760. If $2,560 holds as support, this breakout will be considered firmly established. ETH's advantage is that its val
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#Gate广场中秋团圆局 This morning I explained why the next sector rotation will most likely move toward DeFi and RWA. Below is my selection of popular coins in the DeFi and RWA sectors—not that they will definitely rise, but rather as a watchlist for these sectors.
Key DeFi projects to watch
AAVE
I would place it in the top tier to watch. Aave remains the core DeFi lending protocol, with deposits of approximately $33.2 billion as of September 2026.
MORPHO
The focus is on on-chain lending and non-custodial finance, with its scale and ecosystem activity both worth tracking.
UNI
The DEX leader and the m
RWA+1.48%
AAVE-3.10%
MORPHO+1.81%
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#Gate广场中秋团圆局 Ethereum breaks to a new high since February! And the story is far from over!
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