StallMiningGuy

#比特币机构建仓 Seeing this data, my first reaction is: the market is undergoing a profound structural reshaping.
Retail investors are selling, institutions are buying — behind this simple contrast, there is a shift in the entire power landscape of the crypto market. Although Bitcoin has fallen 5.4% in 2025, institutional holdings have already reached 24%, while retail investors are retreating at a rate of 66%. This is not a sign of decline; rather, it indicates the market is completing a "blood transfusion."
What reassures me the most is this detail: although prices are volatile, ETFs have seen inf

#比特币价格走势 Recently, there has been a lot of discussion in the community about the short-term trend of Bitcoin. Some are worried that the $90,000 resistance level may not be broken, while others are concerned about the pressure that could come from liquidity drying up before Christmas. I understand everyone's anxiety, but I want to remind you of an important point: short-term disagreements and volatility are precisely the times to test our mindset.
Over the years, I have interacted with many investors and discovered a pattern — the more confusing the market, the easier it is to be led astray by

#稳定币 Seeing Ethereum evolve from an experimental network to a global infrastructure milestone, I feel a sense of reflection. In 2025, it completed a transformation from "proof of concept" to "production-grade system"—two hard forks at the protocol level, gradually clearer regulatory frameworks, and large-scale adoption of institutional applications—all pointing in the same direction: blockchain is becoming a real financial infrastructure.
I especially want to remind everyone about the detail of stablecoins. A supply of $300 billion and an annual trading volume of $46 trillion reflect not only

#美联储利率政策 These past couple of days, I've been seeing a surge in discussions about the potential Fed chair candidate, with opinions on Kevin Waugh increasing significantly. Many people become worried about a crypto market crash upon seeing his "hawkish" label, but I think there's some rational analysis worth considering.
Waugh is indeed a principled person—having experienced the 2008 financial crisis firsthand and witnessing the terrifying moment when liquidity shifted from "present" to "absent." This naturally makes him cautious about the Fed's unlimited bailout measures. His advocated approa

#机构投资者比特币配置 Seeing the recent financing move by Metaplanet, I am thinking about a noteworthy phenomenon: institutional investors' attitude towards Bitcoin is quietly shifting.
Based on a holding of 30,823 BTC, valued at $2.75 billion, this company has established a sustainable asset management system. More interestingly, they are not simply hoarding coins but have designed a structure with Class A monthly floating dividends and Class B quarterly dividends, also open to international institutional investors. What does this indicate? It shows that institutions are contemplating how to gain liqu

#永续合约交易 Looking at recent perpetual contract data, I want to share an observation: after Bitcoin reclaimed the 90,000 level, open interest increased from 304,000 BTC to 310,000 BTC, and funding rates rose from 0.004% to 0.009%. This reflects leveraged longs rebalancing their positions.
But I want to gently remind everyone—it's precisely because of these signs of accumulation that we need to be more cautious about risks. In the past 24 hours, nearly 120,000 traders were liquidated across the network, with a total liquidation amount of $195 million. This is not a small figure. The appeal of per

#美联储政策与货币政策 This week's market conditions are indeed worth paying close attention to. The Federal Reserve Chair nomination, GDP data, and multiple central bank policy announcements will be released in quick succession, making the market rhythm quite tense. I want to remind everyone of a few points:
First, regarding the Federal Reserve Chair nomination—such policy-level uncertainties often trigger short-term volatility. Haskett, Wosh, and Waller each have different backgrounds, and the market will have varying expectations for each candidate. But in the long run, regardless of who takes office

#RWA代币化业务 Seeing Velo's collaboration with WLFI has made me feel much more at ease. The entry of a regulated USD1 stablecoin into the ecosystem indicates that the RWA track is moving towards a more standardized direction.
This development is quite meaningful for long-term investors. Tokenizing real assets is inherently a good direction, but the key lies in **compliance and liquidity**. The introduction of USD1 not only enhances the liquidity of stablecoins within the ecosystem but more importantly, it is backed by regulatory endorsement. This means the entire system is gradually shifting from

#稳定币发展与应用 Seeing that the XRP ecosystem has recently launched the earnXRP product, my first reaction is to feel pleased. The top five assets by market cap have only 0.1% of their supply in DeFi, which reflects that many holders are actually holding passively and haven't found a safe way to increase their value.
The new product uses a non-custodial vault, diversified strategies, and layered risk management, which seems to aim at solving this pain point. But I want to remind everyone of a few points: First, any yield opportunity comes with risks, and no matter how well-designed, this fact won't

#美联储降息 Seeing this news, it reminded me of the recent discussions many friends have been having about interest rate cuts. The statement from the new Federal Reserve voting member is quite interesting — she advocates at least freezing rates until spring, citing that inflation remains a concern. This made me think of a common misconception.
Many people get excited when they see "possible rate freeze," thinking it's a positive signal. But if you think carefully, the underlying logic is actually a reminder: inflation hasn't truly subsided yet. The key phrase is "assessment in spring" — which mean

#RWA代币化 Seeing the news that BitMine has surpassed 4 million ETH, I am pondering a question: why do large institutions continue to increase their holdings while many retail investors are consuming their profits through frequent trading?
Carefully examining this case is quite interesting—steadily accumulating to this scale over 5.5 months at an average of 98,852 ETH per week. This is not impulsive; it’s planned. The logic of institutional investors is often very simple: if they believe in the long-term value, they gradually build their positions and then hold patiently. In contrast, we are oft

#比特币价格预测 Seeing analysts unanimously bullish lately, I actually want to remind everyone of one thing. James Wynn's shift from neutral to bullish, targeting $97,000, these signals are indeed worth paying attention to, but I care more about the underlying logic behind his operation—40x leverage, $1.24 million position, liquidation price at $87,111.
This is not to deny his judgment, but to say that prediction and execution are two different things. Historically, he has also had bearish predictions that did not fully materialize, and market movements are often more complex than analysis.
If you a

#比特币机构持仓 Seeing Michael Saylor once again signal an increase in holdings, I am thinking about a question that many people tend to overlook: why do institutional investors continue to systematically and rhythmically allocate to Bitcoin?
The numbers—671,268 coins with a per-coin cost of $74,972—may seem grand, but the underlying logic is worth our reflection—this is not a one-time gamble, but a well-thought-out long-term allocation. Every step taken by institutions involves risk assessment, board approval, and legal compliance review. They cannot trade based on emotions like retail investors; t

#RWA代币化 Recently, I've seen many people excitedly discuss the opportunities of RWA tokenization. I have to be honest—this is indeed an important direction, but only if you keep a clear head.
The lessons from 2025 are still fresh: a large number of altcoins plummeted by 80%-99%, and many people were completely out of the game chasing narratives. Now, in 2026, the market is undergoing a subtle shift—from the illusion of "digital surges" back to fundamentals. The reason RWA tokenization is gaining attention is not hype, but real value transfer: traditional financial assets going on-chain, cash f

#稳定币应用与发展 Seeing Phantom under the pressure of a $3 billion valuation, betting on stablecoins and a multi-chain ecosystem, I am thinking about a question: Are wallets rushing to develop debit cards and prediction markets to expand the ecosystem or to divert focus?
Honestly, stablecoin applications are indeed an opportunity. But for investors like us, what’s more worth paying attention to is the underlying logic—when competition intensifies, platforms tend to launch new businesses to fill growth anxiety. It’s in these times that we need to stay calm.
My experience is not to be fooled by the gl

#比特币价格走势 Seeing Arthur Hayes's analysis that the Federal Reserve's RMP is equivalent to a new form of QE, I was reminded of several key moments over the past few years. Whenever liquidity expectations shift, the market tends to experience a clear upward cycle, but this is often accompanied by excessive emotional swings.
He mentioned that Bitcoin could potentially return to $124,000 or even surge to $200,000, which indeed reflects the possibility of asset revaluation under loose monetary policy. But I want to remind everyone that there is often a time lag between expectations and reality, and

#预测市场 Seeing the public sale of Space, I was reminded of an old story. A few years ago, there was a project that also had a handsome fundraising, a clever mechanism, and promised buyback and burn. But after investors got in, they realized—high leverage, high returns, high risk, a trinity.
This time, Space is offering 10x leverage with a potential 1000x return. The numbers are indeed tempting. But I want to remind everyone that predicting the market is a zero-sum game; your gains come at the expense of others' losses. No matter how well-designed the mechanism is, it cannot change this underlyi

#Polymarket预测市场 Seeing the fluctuations in the probability of the Federal Reserve Chair candidate on Polymarket, I thought of a common mistake that many investor friends make.
Prediction markets can indeed reflect the market's consensus probability of future events, but this "probability" itself is full of uncertainty. Waller reports 14% after the interview, Wosh 21%, Hasset 56%... These numbers seem precise, but in reality, each major news event can cause sharp fluctuations. I've seen too many people be confused by this "quantified" probability, treating predictions as certainty, only to suf

#比特币市场周期 Seeing discussions about the altcoin season, I am reminded that many friends have been asking the same question recently: When will the market come back? In fact, this reflects a psychological trap that is easy to overlook.
Market opportunities never appear according to our preset timetable. As Arthur Hayes mentioned, the altcoin season is always ongoing; it's just that the participants are changing. Some make profits, some miss out, and some even suffer significant losses — the difference often isn't luck, but strategy.
This reminds me of an important tip: don't rush to chase the ne

#比特币价格预测 Recently, there have been various predictions about Bitcoin's price, with target prices ranging from $60,000 to $115,000. Frankly, these analyses all have their merits, but I want to share a more important way of thinking.
Analysts' opinions vary—some believe the price will drop to around $60,000 in the first half of 2026, others expect it might reach $75,000, and some are optimistic about a full-year rally. These predictions are essentially based on different judgments about liquidity, market sentiment, and fundamentals. But the key point is, **we should not let short-term price for