After a busy day, I went shopping for New Year's goods and new clothes with my mom, did some cleaning, and washed the car.
When I'm with my mom, I have to hold back all my emotions.
Do you know how much my heart hurts? It's simply heartbreaking.
On February 10, just two days ago, I opened a long position of 26,000 lots at 10 times leverage on $BERA .
At that time, I was worried about a market pullback and closed the position after holding it for more than two hours.
Today, $BERA surged and blew up the bears' positions.
From a low of 0.33 to 1.53, that's a direct 5 times increase.
If I had held onto my long position, I could immediately buy a big Benz GLS450 right now, okay?
Many people thought there would be a massive sell-off when unlocking on February 6, but the short covering caused such a violent squeeze.
Sigh, those who should have sold didn't sell, and those who bought couldn't hold on, resulting in the fence-sitting bears being forced to take the positions.
I think it's not surprising to see a 5 times increase from the bottom; this is the market compensating for the liquidity owed to $BERA .
The market is the best teacher, specifically addressing various grievances.
Bitwise CIO has finally acknowledged that the cryptocurrency market has fallen into a bear market due to a four-year cycle.
A few months ago, and even now, many people confidently claimed that the cycle had been killed by ETFs.
This precisely validates my point that the so-called cycle is essentially a result of the global liquidity transmission and the pendulum of human emotions.
As long as these two factors remain unchanged, the pulse of Bitcoin will not change.
Now that institutions have corrected their views and returned to classic narratives, there is no need to panic.
As long as the cycle is still in play, the current bleakness is just the groundwork for future takeoff.
- Overflow revenue design: Optimize capital efficiency, capture excess returns.
Holders can simultaneously obtain threefold value accumulation of real cash flow income + automatic reinvestment growth + BGT ecosystem incentives through a single treasury.
With the deep integration of the RWA track and Berachain PoL mechanism, this mixed revenue model of off-chain income + on-chain incentives is becoming a new paradigm for asset allocation.
Inflation has been cut directly from 8% to 5%, removing inactive or self-incentivized reward vaults, clearly aiming to focus resources on protocols that can drive real growth.
Incentives are no longer just about throwing money around; they will become capital fuel that helps the protocol generate profits. I've heard the goal is for a $1 incentive to leverage over $1 in revenue—this is the real deal!
Over the next two weeks, we will gradually implement: adjusting inflation, clearing ineffective vaults, and optimizing incentive routes. This is something to keep a close eye on.
By the way, a few yield points in the ecosystem are currently looking pretty good:
$HONEY stablecoin APY is about 7.2%, staking $BERA has an annualized return of 38%, and the BERA/USDC.e reward pool APR has spiked over 400% (it's volatile and changes with the market).
You can monitor according to your own risk preference and pay more attention to ecosystem dynamics. @BerachainCN
Overall, it feels like this time they want to make incentives more precise and efficient, reducing ineffective dilution.
Let's wait for the specific plan to be implemented and see how it turns out!
The position itself is a kind of alignment, especially between public chains.
Short-term speculation is about emotions and market conditions, while long-term is still about applications.
The verified application directions for crypto mainly include exchanges, stablecoins, lending...
ETH has always been the leader, but Vitalik doesn't like products related to exchanges, memes, predictions, etc., that have a casino aspect. Therefore, exchanges are mainly dominated by BSC, SOL, and later hype, while stablecoin TRC has been challenging ETH.
This round of ETH's sharp drop without any rebound is related to position management and leverage, but it also shows that the chip structure is relatively weak, making it unsuitable for micro-strategy accumulation like Bitcoin.
However, there will always be more innovative public chains emerging from various directions, such as Berachain.
The cryptocurrency market has rebounded significantly this week, with too many ghost stories
In the past few days, all assets have been plummeting, including U.S. stocks, gold, silver, cryptocurrencies, etc., and the A-shares closely related to everyone have also dropped significantly, especially technology stocks.
This wave has really been driven by overseas markets:
Currently, there are two ghost stories in the U.S. stock market.
One is the #AI disruption narrative in software, which has led to several software companies in the U.S. experiencing declines of up to 30% in the past week, and the software companies in A-shares and Hong Kong stocks have also suffered.
The second is that excessive capital expenditure leads to a crash. Last night, Amazon announced its financial report, stating that its capital expenditure is expected to reach $200 billion in 2026, resulting in a direct drop of 10% after hours.
Of course, the financial market always has stories to tell. However, in this process, retail investors are innocently forced to give up their chips, and after a few days, it seems as if nothing has happened.
Therefore, if you focus solely on K-line investments, you will ultimately find that there are no patterns, just pure gambling.
At this moment, $BTC has already recovered all of today's losses. Since the worst-case scenario has already been considered, what remains is only a beautiful script.
In the past 24 hours, the global capital markets have been stunned again.
The US stock market has crashed, gold and silver have plummeted, cryptocurrencies continue to decline, and including the A-share market, all indices are in the red.
Overseas has been hit harder, let's focus on:
Recently, there has been a ghost story circulating overseas, saying that AI will replace software stocks, which has caused many companies' stock prices to plummet. Even Jensen Huang, the AI guru, has come out to say that AI cannot replace software, it will only assist them in reducing costs.
But the market doesn't care at all and just dumps everything.
There's a company in the US stock market called 'Duolingo', where everyone learns English. Its stock price is now $116, and its market value has dropped to 5.4 billion, but at its peak over the past year, its stock price was over $540, getting cut in half again and again.
Today, WeChat issued a notice saying that because of the excessive marketing of Yuanbao, they have blocked them. The onlookers immediately gathered around because isn't Yuanbao also part of Tencent?
Tencent can be ruthless, even to its own people.
Actually, this aligns with WeChat's character; on the day Yuanbao sent out red envelopes, I saw all the groups flooded with messages. My first thought was that WeChat would definitely ban it, and it must ban it, otherwise, WeChat's ecosystem would be destroyed.
But I really didn't expect that WeChat could hold on for several days this time, which is quite polite to its own brother.
I downloaded Yuanbao too, but mainly because the call from deepseek was too laggy. Using Yuanbao is smooth and free, but Tencent's model doesn't leave much of an impression for now.
As the end of the year approaches, my parents came to visit for a few days.
I also took the opportunity to prepare some New Year's goods for them.
When I was a child during the New Year, I always hoped my parents would take me to buy new clothes.
Now that I am grown up, it's my turn to take my parents to buy new clothes.
On the morning they were preparing to go back, we sat together for breakfast.
My father said I still need to buy a house costing between 120 and 150 (thousand), as the current house of over 90 square meters is a bit small. After buying a house, I need to save 200 to 300W in cash to live a stable life.
I roughly calculated with my fingers: that means I need to earn at least 500W more.
As an ordinary person, how long do you think it would take to save 500W?
5 years, 10 years, 20 years? Wouldn't it be that many people spend their whole lives unable to save 500W?
The market has really been bustling these past few days, with all kinds of rumors, dramatic drops, and recoveries, it's thrilling.
First, companies like Tencent and other internet firms were hit; there was a small article saying that the standards for identifying high-tech enterprises will be tightened, while the tax rates for industries like internet and finance will be raised. Some tech companies will lose their 15% corporate income tax preferential policy and will pay taxes at the regular rate of 25%.
The news hit Tencent hard.
Relevant media followed up after hours, all believing it was an overreaction, especially since internet companies are already major taxpayers; any real changes would be gradual, not a sudden adjustment.
Gold has dropped to 4600 dollars, silver has fallen to 78 dollars, and other non-ferrous metals are down across the board.
Cryptocurrencies are even worse, BTC has fallen to a recent low of 75000, Ethereum has dropped to over 2000, and I've seen many people in the crypto circle get liquidated today, with a crypto celebrity going bankrupt, sparking heated discussions.
The A-shares are also quite tragic, with over 4600 companies falling, all three major indices are in the red, and even the main index has dropped more than 2 points.
Of course, it's not just us; South Korea next door has dropped to the point of triggering a circuit breaker, plummeting by 5.26%, with blood flowing like a river.
Li Fire Great Luck, It's not about chasing the 'light' but about becoming the 'light source'☀️
Keep these three things well, Borrow fire to refine the heart and swim upstream!
💟Cultivating virtue is the highest level of changing fate
Virtue is the container that carries all blessings Those who truly possess great virtue need not shout; others will follow need not ask; noble people will come
💟Decluttering is the highest level of protection energy
Some friends leave you exhausted after chatting: Declutter Some circles only compare without growth: Let go Some obsessions only consume without nourishing: Depart
💟Virtual calmness and stability is the highest level of recharging
Only emptiness can accommodate Only stillness can reflect Only stability can generate wisdom In Li Fire Great Luck,
The era of no-code is here: Dreamspace fully supports Berachain, allowing you to deploy on-chain applications with just a conversation!
The Dreamspace platform launched by @spaceandtime is now officially integrated with @berachain.
Any user can quickly build and deploy on-chain applications and smart contracts through natural language conversations.
✨ Core Features
- Describe to Generate: Input your application idea, and automatically generate an interactive UI
- Conversational Development: Adjust features, styles, and logic through chat
- Smart Contract Assistant: Generate and audit Berachain smart contracts with one click, completing deployment in minutes
- Developer Friendly: Supports seamless access to the code editor for free modifications and extensions
Now, product managers, creators, and entrepreneurs can quickly validate ideas on the Berachain verification chain; developers can significantly shorten prototype development and iteration cycles; the ecosystem will welcome richer and more diverse application innovations.
Whether you are a programming novice or an experienced developer, you can now realize your ideas on Berachain in a more intuitive and efficient way.
The Investment Growth Journey of an Ordinary Person
As gold continues to rise, I can't help but reflect on my investment journey.
Many times, my catchphrase is - I can't (suitable for) invest (trade).
In the depths of my subconscious, I tell myself: I am a foolish and silly person, without background, without resources, just walking steadily on the solid ground.
In college, a close friend suggested I invest in funds. So, I bought two funds, investing every Thursday, with 200 yuan each.
At that time, I thought that these two funds would be invested long-term, one for my parents' future retirement, and one for my child's future education.