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Months of red wiped out in one day. $PSL just did this & many other coins will too. I said it before & i say it again now ⬇️.

$15 Billion to $45 Billion Inflows Expected Markets are closely watching the U.S. Securities and Exchange Commission (SEC) as the regulator nears deciding whether to approve spot ether exchange-traded funds (ETFs). Anticipation is high due to upcoming deadlines for spot ether ETF proposals by Vaneck and Ark Invest/21shares on May 23 and 24, respectively. Geoff Kendrick, Head of FX and Digital Assets Research at Standard Chartered, has revised his forecast and is now “80% to 90%” confident that the SEC will approve spot ethereum ETFs this week, the Block reported Tuesday. This updated prediction contrasts with his April outlook, when he expressed doubts about the SEC approving spot ethereum ETFs in May. The analyst detailed: After approval, we estimate that spot ETFs will drive inflows of 2.39-9.15 million ether in the first 12 months after approval … In U.S. dollar terms, that equates to roughly $15 billion to $45 billion. Kendrick also expects ether to maintain its price ratio of 5.4% with bitcoin throughout 2024, potentially reaching $8,000 if BTC hits $150,000 by year-end. “Given that we now see bitcoin reaching the $150,000 level by end-2024, this would imply a level of $8,000 for ether,” he shared. Market expectations are also shaped by broader trends and regulatory developments. The potential reelection of former President Donald Trump is perceived as positive for the crypto market, with anticipated favorable regulatory conditions that could further drive cryptocurrency adoption and prices. Kendrick said earlier this month: “We think that a second Trump administration would be broadly positive via a more supportive regulatory environment.”#BTC##HotTopicDiscussion##比特币#

In addition to XDB, XCN, PAW continue to hold, today I bought a new PSL currency, and I haven't bought much before pulling it up

Gate.io Today's Gains List📈 The market is picking up, and Bitcoin continues to rise, driving the upward trend of other currencies😍 Several popular topical currencies have also been listed on the list💡 Did you seize this opportunity? Come and leave a message in the comment area to share your record🚀 #PIAS #POGAI #ASTRA #PSL #MONG

Understand the super savings system of the monetary system at a glance, a complete analysis of Central Bank monetary policy tools! Brothers who want to understand Central Bank monetary policy Remember the core formula: △Excess Reserves = △Foreign Exchange Occupation + △Claims on Other Depository Institutions - △Currency Issuance - △Required Reserves - △Government Deposits. Around this, the Central Bank's toolset directly controls liquidity! Tradition + Innovation, Dual-track Control of Liquidity Traditional OMO: reverse repos to inject liquidity on a daily basis, adjust short-end interest rates, and reverse repos for liquidity absorption (less used after 2014), the foundation of the foundation. Innovative tools: SLF (Emergency Liquidity Assistance), MLF (Medium-term Lending Facility), TMLF/PSL, etc., accurately cover different maturities and entities, and provide targeted "drip irrigation" to the market. The policy logic in the flow of funds Foreign exchange reserves, Central Bank injections (public + non-public), government deposit linkage, treasury time deposits locking fiscal funds, stabilizing interbank liquidity... Understanding this system, the Central Bank's "stabilizing interest rates and adjusting liquidity" control code, allows the brothers to instantly comprehend without confusion!