Zhou Lele, deputy chief operating officer of Victory Securities, issued an analysis saying that the risk of macro and high-level negative shocks in the cryptocurrency market has passed, and the risk is more focused on expected fulfillment. For example, the US "Department of Government Efficiency" (DOGE) led by American entrepreneur Musk and Ramaswamy, after the media report, the dog coin ($DOGE) rose only 5.7%, while the dog coin rose 83% in the week when the US announced the election results. L...
Zhou Lele, deputy chief operating officer of Victory Securities, wrote an analysis saying that the virtual asset market continued to fluctuate slightly last week, with head assets such as Bitcoin and Ethereum swaying and torn, but Altcoin, which has high odds, is recovering and coming out of the downward channel. OTC Bitcoin ETF last week into about $3.08 billion, Ethereum ETF into about $5 million; the weak balance was broken, short-term holders gradually increase holdings, the recovery phase m...
Zhou Lele, deputy chief operating officer of Victory Securities, wrote an analysis and pointed out that the virtual asset market continued to fluctuate slightly last week. Head assets such as Bitcoin and Ethereum swayed and torn, but Altcoin, which has high odds, is recovering and coming out of the downward channel. OTC Bitcoin ETF flowed into about $3.08 billion last week, and Ethereum ETF flowed into about $5 million; the weak balance in the market was broken, and short-term holders gradually ...
Zhou Lele, deputy chief operating officer of Victory Securities, issued an analysis saying that the strong performance of Bitcoin and Ethereum in the context of the Federal Reserve's interest rate cut indicates a recovery in the virtual asset market. Bitcoin prices broke through key resistance levels, while the significant rise in the Ethereum exchange rate reflects the market's new assessment of risk assets. Although the US stock market responded mildly, the flow of funds...
Zhou Lele, deputy chief operating officer of Victory Securities, said that in terms of fundamentals, SOFR (guaranteed overnight financing rate) has returned to normal value and market liquidity has recovered. Federal Reserve Chairperson Powell's dovish voice said that the time for policy adjustment has come. As soon as the news came out, the CME Group priced the September interest rate cut board DingTalk, US stocks, virtual...