Liquidity mining attracts many investors by providing returns through liquidity provision, but it also involves numerous risks such as exit scams, smart contract vulnerabilities, price volatility, and regulatory uncertainties. Participants should assess the risks rationally.

DCA (Dollar-Cost Averaging) is a long-term investment strategy that involves investing a fixed amount at regular intervals to reduce the pressure of market timing and emotional interference. It smooths out price fluctuations and is suitable for beginners and investors with limited time. However, it is also important to be aware of its risks and the accumulation of transaction fees. For investors looking to enter the cryptocurrency market, DCA offers a user-friendly and practical option.

A Remarkable Journey of a Community Experiment
In August 2020, an anonymous developer claiming to be "Ryoshi" created Shiba Inu (SHIB), with an initial supply of up to 1 quadrillion tokens. Rather than a meticulously planned project, it was a decentralized community experiment—a bold question: what happens when a crypto project is entirely community-driven?
Today, three years later, SHIB has evolved from an obscure token into a complex ecosystem with millions of holders worldwide. Why is this story worth paying attention to? Because it breaks the traditional logic of crypto project development.
SHIB: Breaking Traditional Design
Shiba Inu, as an ERC-20 token on the Ethereum blockchain, adopted a radical initial distribution plan: 50% of the tokens were locked in Uniswap for liquidity, and the other 50% were sent to Ethereum co-founder Vitalik .

Saudi Arabia has explicitly permitted cryptocurrency purchasing and mining, established a comprehensive regulatory framework, emphasized the use of renewable energy, and promoted technological integration through the "New City" project. The government-supported stable environment has significantly elevated its position in the global crypto mining industry, attracting international investment. Investors are required to comply with tax obligations and relevant regulations.

The essay discusses the Bitcoin Rainbow Chart, a mathematical tool used to navigate market downturns. It highlights how the chart reflects market psychology, identifying key phases of fear and accumulation. By recognizing when Bitcoin enters these zones, traders can make informed decisions, capitalizing on potential recovery before mainstream recognition.

In recent years, many investors have begun to reassess the investment prospects of BTC. Looking back at the two complete cycles from 2020 to 2024, BTC's growth momentum seems to be gradually waning. What exactly is happening behind the scenes?
The Glamorous Turn and Dilemma of Digital Gold
BTC was widely accepted as "digital gold"—an asset representing eternal value preservation and strong risk resistance. However, this identity has become a double-edged sword. As large institutions continue to enter the market and ETF products are launched successively, BTC's liquidity has been significantly locked up. Mining difficulty for miners keeps rising, and most of the mined BTC is held long-term rather than entering the market. The supply side is frozen, while demand is continuously dispersing, directly leading to a narrowing of BTC price volatility.
The deeper issue is that: BTC is gradually evolving from an application tool into a store of value. While this transformation enhances its risk resistance, it also limits its growth.

The disconnect in central bank policies: Fed wavers, Japan accelerates rate cuts
The Federal Reserve's policy signals have suddenly become extremely ambiguous. September's non-farm payroll added 119,000 jobs, exceeding expectations, but the unemployment rate rose to 4.4%, reaching a new high since 2021—this mixed "good and bad" signal directly disrupted market expectations for a rate hike in December. The originally 70% probability of a rate cut once dropped to 30%, then fluctuated between 30% and 70%, as Wall Street and traders await a clear direction.
In stark contrast, Japan's policy trajectory is clear. The Japanese government just approved a stimulus package of approximately ¥21.3 trillion, while policymakers have repeatedly hinted that the era of negative real interest rates is nearing its end. The likelihood of Japan cutting rates is gradually increasing. This means the fiscal sector is still aggressively spending money, while the central bank is preparing to tighten gradually—Japan is caught in an internal policy contradiction.
Fed internal division

Have you ever wondered why the patterns of ups and downs in the crypto market often align more closely with macro policy rhythms than with technical analysis? Behind this lies a logic that the market discusses but few people truly understand—liquidity is always the core driver of a bull market, and expectations of rate cuts are the key switch that determines capital flow.
Policy Expectations Are Reshaping the Market Landscape
Recently, there is a phenomenon in the market worth noting: Federal Reserve officials' statements are becoming increasingly ambiguous, and they are frequently hinting at the possibility of policy adjustments in their speeches. This is no coincidence. When the authorities have clear expectations about monetary policy, central bank officials tend to speak cautiously—simply put, no one wants to lose their position over stance issues.
Traders are adjusting their models in real time. The traditional decision-making framework—inflation targets, dot plots, economic data—is now being rebranded with a new label: Political Cycle Impact Index. This is not a conspiracy theory, but a reflection of the market’s direct response to reality.

Recently, Binance Coin (BNB) price has experienced a correction, currently at $850.10, with a 24-hour decrease of -1.49%. Market sentiment has turned cautious, and it is still a distance away from the psychological barrier of $10,000. The $850 level is facing support tests. Moving forward, attention should be on whether it can rebound.

The Actual Threats Happening Now
The crypto market is attracting more and more investors, but this comes with increasingly complex security risks. A recent series of security incidents reveal three core threats: technical vulnerabilities in platforms themselves, carefully crafted scam schemes, and compromised social media accounts used for malicious purposes. These exploit attacks are no longer rare events but systemic issues that continue to trouble the entire ecosystem.
How Hackers Steal Large Amounts from Platforms and Wallets
Crypto platforms are prime targets for hackers due to the storage of large assets. Recent incidents clearly demonstrate the scale and complexity of these attacks.
UXLINK Multi-Signature Wallet Compromised
A seemingly secure multi-signature wallet protection was successfully exploited, resulting in the theft of $11.3 million. Hackers quickly sold the identified vulnerable tokens, causing the project's market value to plummet.

What is the Martingale Strategy
In the crypto market, many investors are looking for tools that can effectively handle volatility. The Martingale Strategy is a widely used solution that originates from the traditional forex market and is also known domestically as DCA (Dollar Cost Averaging).
The core logic of the Martingale Strategy is: in a two-way trading market, focus on a single direction, and when the price trend moves against expectations, continuously increase the position in the opposite direction until the market reverses. Once a pullback occurs, you can buy low and sell high to realize profits. This strategy is especially suitable for investors who are worried about not being able to precisely catch the bottom or for those who buy at a low point and see the market continue to decline.
It should be particularly noted that the Martingale Strategy itself cannot guarantee the safety of the principal, especially in the case of extreme unilateral downturns.