$ETH Bears still unconvinced? The market action over the past few days has already given the answer. 😮‍💨$ETH $220 million in net inflows in a single day, with more than $500 million flowing in for four consecutive days, shows that this wave is not just bears taking a beating—spot capital is also joining in. I’m watching to see whether it can hold around 2,400; above that, I’m looking at 2,440–2,450, and a high-volume breakout would put 2,500 in view. If it falls below 2,350, bullish expectations need to be scaled back. 👀The direction can be wrong, but position size and stop-losses cannot get out of control. 🧠Seeing you all get liquidated genuinely makes me happy. Sorry, but I think this is a good thing—one lesson is enough to teach people, except in crypto. 😛😛

$BTC and $ETH have surged wildly over the past two days, and so many people on social media have been frantically shouting, “The bull market is back!” Nan Nan was also swept up in it and genuinely started to think the bull market had returned, until just now, after finishing a conversation with a veteran who has been in the crypto industry for more than ten years. Now Nan Nan feels that “perhaps the bull market hasn’t returned after all,” and has a new view on US stocks. The main reason for the rise in Bitcoin and Ethereum this time is still the impact of US Treasury bonds. US national debt has reached as much as $40 trillion, coinciding with the midterm elections. The government does not want a crisis to erupt before the election, so it bought back $4 billion in US Treasury bonds in a single move as an emergency measure. But compared with $40 trillion, $4 billion is merely a drop in the bucket. It can only stabilize the situation in the short term, treating the symptoms rather than the root cause. At this point, if the Federal Reserve raises interest rates again, the pressure from US debt could directly blow up the economy. This also limits the room for further rate hikes, which is relatively bullish for the overall market. Institutions saw the hidden risks to the dollar’s credibility, so they decisively diverted some funds into assets such as gold and BTC that operate outside the dollar system, driving up both gold and the crypto market! As for why Nan Nan suddenly feels that the bull market may not have returned after all, as well as her view on US stocks going forward, that will have to wait until the next post. Those who are interested can look forward to it—it will be posted soon! #BTC突破$77000 #ETH突破2400美元

🚀 Crypto holders right now are built different! The market is moving fast, volatility is heating up, and the next big move could be closer than you think. 👀 Stay sharp. Don’t blink. 🔥 #BTCBreaks77000 #GateLaunchesJapaneseStockTrading #GateBTCSpotTradingRanks#2Globally #GateStockInsightsChallenge #BTCETHReboundTradeIdeas $BTC ‌$BNB ‌$ETH ‌