MandyWang

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I have sold all my long orders in the past two days. It is not cost-effective to continue to long now. Even if there is a small rise, it is not proportional to the risk below. Let's wait and see.

Alongside many other altcoins, ETH’s price continues to struggle, and its future now hinges on some critical support levels. If these key levels fail to hold, ETH could face a prolonged bearish period...

Ethereum (ETH) Could Soon Say Goodbye to the Bull Market

Regarding US stocks and macroeconomics:
The theme of capital shifting from cyclical to defensive sectors has been the focus in the past few months, and in the recent earnings season, the profit growth of defensive companies has outpaced that of cyclical companies, verifying the previous judgments of investors. This theme of rotation is expected to continue...
Typically, when the economy weakens and the market yield declines, defensive stocks tend to outperform. Cyclical stocks are still relatively expensive and have room for further adjustment.
The blue line represents the interest rate expectations in the futures market, and the gap between it and the stock market performance reflects that although the stock market is currently performing strongly, the futures market's expectations show concerns about economic growth. Normally, such a gap...

Viewpoint: US stock funds are shifting to defense, they don’t want to play anymore…

The off-exchange price is above 6 USDT, but whether it can remain firm is still to be observed.