China's August S&P Global Services PMI

Support link https://www.gate.com/activities/community-vote/?refUid=15108072 Why do most people in the crypto world always lose money? There are two deep reasons: one is being poor, and the other is being impatient. The rich have money, and their account has 10 million; as long as they earn 10%, that's 1 million. The poor only have 100,000, and earning 10% only gives them 10,000, which doesn't fill the gaps in their lives. Therefore, they trade desperately, looking for opportunities every day, and in the end, they lose more and more. What truly destroys them is not this market, but the pressure of life and the anxiety of trading. Most people mistakenly believe that trading is like working; you have to make money every day to survive. However, those who truly understand trading patiently wait for signals they deem worthy. They don't enter unless it’s right, they don't get greedy when they earn, and if they make a mistake, they take a loss. When an order ends, they patiently wait for the next one! As the saying goes, 'Keep your abilities hidden and act at the right time.' Those who rush out when poor are as hard to cure as a terminal illness! In fact, from my personal perspective, no single decision will ruin your life. Life is ruined by day-to-day procrastination, untimely hesitation, and cowardice at critical moments, as well as the unwillingness to change without the courage to do so. To control impulsive trading and spontaneous trading, there are no standard signals, so do not act lightly. Stop-loss is only a method to deal with unexpected situations when absolutely necessary. Have you ever seen a tiger that continuously chases its prey? Most of the time, it lies in the grass, waiting for the best opportunity. Those who take trading to the extreme are somewhat of a "neurotic"! Happy weekend, brothers and sisters!

The Ethereum Dencun upgrade is scheduled for March 13, focusing on EIP-4844, which will drop the transaction cost of L2 networks through data blobs, and is expected to significantly reduce users' fuel fees. This upgrade will accelerate Ethereum's development centered around L2, potentially transforming the way users interact with Ethereum, fostering innovation and adoption.

Blockchain lending is transforming the TradFi lending model by utilizing real-world assets as collateral, dropping costs and increasing convenience, promoting broader financial participation. However, credit risks and compliance challenges still exist. Despite being in the early stages, blockchain RWA lending demonstrates the potential to connect encryption and traditional finance, requiring further improvement in technology and regulation.

On April 7th, the global financial market experienced a significant fall due to the escalation of trade frictions, with stocks, commodities, and Crypto Assets all crashing. In the short term, there is a noticeable Fluctuation in the crypto market, while in the long term, structural opportunities may arise. Trump's policies act like business negotiation tools, affecting market Fluctuation and public opinion. The current crypto market is gradually becoming an extension of American finance, closely related to political games.

Farcaster is a decentralized social media protocol that emphasizes user data sovereignty and privacy protection, utilizing a hybrid architecture of on-chain and off-chain. Its Frames feature supports small application interactions, providing new models for enhancing social experiences and asset issuance, aiming to attract Web3 users and reshape the SocialFi ecosystem.