[European Central Bank Official Buch: Quantitative Tightening Has Not Affected Bank Liquidity] Chair of the European Central Bank's Banking Supervision Committee, Buch, stated that quantitative tightening has not adversely impacted bank liquidity.
Click on the link to enter the meeting: https://meeting.tencent.com/p/6321551049 The current price of ETH fluctuates within the range of $2980 to $3200, with a 24-hour decline of about 6% -8%. The overall decline this week is about 17%, with the lowest reaching around $2940 (a 4-month low). The market sentiment is extremely panicked, with a fear and greed index of 10 (extreme fear), but there are positive signals such as whale accumulation and Fusaka upgrade expectations. The current price of BTC fluctuates within the range of $91000 to $95000, with a 24-hour decline of about 2% -3%. The overall decline this week is about 10% -12%, with the lowest reaching around $89142 (a 6-month low). The market sentiment is extremely panicked, with a fear and greed index of 10-17 (extreme fear), but there are positive signals such as whale accumulation and institutional holdings. 1: In the near future, we will be cautious and defensive in our single position. We will be bearish in the short term (affected by news and the downward trend of the K-line) and wait for confirmation of the rebound signal at the support level before going long. Short position (bearish suggestion): Entry point: Price surges to near the pressure level of $3200, short position (stop loss set at 5 points above $3220), second pressure focus on 3330-3350; The bearish target can be seen around 2800. BTC target lost 90000, see below 88000 to repair gap 2: We need to continue to pay attention to the daily RSI level, as BTC/ETH continues to reach oversold areas and there is a possibility of divergence. We should be alert to rebounds, and when entering the market, we need to do a good job of stop loss and not blindly carry orders. Tonight, we will focus on explaining the application techniques of the Fibonacci retracement line segment, EMA, RSI, and MACD indicators. Welcome to interact! Tencent Meeting: 6321551049 Disclaimer: The above content only represents the author's personal opinion and is intended to assist investors in understanding information related to the capital market. It does not constitute any investment advice and does not represent the position or viewpoint of AiCoin. The market is risky and investments should be made with caution.
[Bank of England Chief Economist: Neutral interest rate is between 2% and 4%] Bank of England Chief Economist Pill stated that the Monetary Policy Committee believes the neutral interest rate is between 2% and 4%.
[The Bank of England's Chief Economist Takes a Cautious Stance on Setting Yield Caps] The Bank of England's Chief Economist, Pill, stated that he would be very cautious about setting yield caps to prevent quantitative tightening, as he believes this would create targets for speculation.
Secretary for Financial Services and the Treasury of Hong Kong: Hong Kong will promote the standardization of RWA and increase gold storage capacity The Secretary for Financial Services and the Treasury of the Hong Kong Special Administrative Region, Xu Zhengyu, stated that Hong Kong will leverage the advantages of "one country, two systems" to create a national "international asset safe deposit box" and serve the strategy of building a strong financial country. He emphasized that the development of financial technology aims to "empower the real economy" and explore the application of asset tokenization in scenarios such as international shipping leasing and enterprise fund management. Hong Kong has passed relevant laws and plans to issue stablecoin licenses next year. The initial number of licenses will be limited, with a focus on addressing pain points in the real economy such as cross-border payments. Hong Kong will promote the transition of the settlement cycle of the Hong Kong stock market from T+2 to T+1, and plan to optimize the "same stock, different rights" system. In the next three years, Hong Kong plans to increase its gold storage capacity to 2000 tons and launch a central gold settlement system next year. At the same time, it will cooperate with the Shanghai Gold Exchange to enhance China's pricing influence in the global gold market. In addition, Hong Kong plans to submit a bill to the Legislative Council next year to expand tax exemptions to emerging product categories such as digital assets, private credit, and carbon credit.
Falling revenue and record difficulty could tighten the squeeze on bitcoin miners, though many are more driven by their AI infrastructure initiatives.