EIA Refined Oil Imports to the U.S. for the Week Ending August 22

The WLFI Token is about to be unlocked and launched; let's analyze this highly followed project. Firstly, I am cautious about the initial price of the WLFI Token. Although there are rumors that it may rise to $5, I believe this prediction is overly optimistic. As a trending coin, the pre-market price of WLFI has significantly influenced market sentiment, which may lead to considerable fluctuations in price after opening. However, from the expected market value perspective, the current pre-market price of $0.22 seems to be undervalued. I believe there is still some room for an increase after the opening, and investors can look for the right timing to enter. The WLFI project has offered two public fundraising opportunities, the first of which was even earlier than some highly anticipated tokens. The second public offering coincided with a period when the market was cautious about certain related projects, which may have affected investors' judgments. As a governance-type DeFi Token, WLFI's long-term prospects are worth following. The project is backed by strong support, having secured over $5 billion in funding, with sustained market enthusiasm and numerous collaborative projects. At the same time, its stablecoin is gradually being pushed to the market, all of which provide the potential for the Token's long-term appreciation. However, in the short term, WLFI, like many DeFi projects, has yet to show significant results. Relying solely on hype may lead investors to blindly chase prices, and if returns cannot be seen in the short term, it may trigger a sell-off. Overall, I believe WLFI represents a long-term investment opportunity, especially as it may perform well in the second half of this year. However, investors should proceed with caution and weigh potential returns against risks.

Recent discussions about reforming the Fed have generated widespread follow. While such reforms may increase the likelihood of interest rate cuts, bringing a brief excitement to the market, their long-term impact is worth pondering. Reforms could undermine the Central Bank's independence, a potential outcome that is concerning. A central bank that loses its independence may lead to a massive withdrawal of traditional capital, while the current market does not seem ready to cope with such drastic changes. We need to weigh the relationship between short-term benefits and long-term stability, carefully considering any reforms that could affect the foundation of the financial system.

In the world of cryptocurrency, the dead of night is often the most intense trading moment. A trader named A Jie experienced a heart-stopping scene at 3 AM. The Bitcoin price hovered around $61,000 for several hours, and Ajie confidently held a short position. However, the market is ever-changing, and a strong bullish candle suddenly emerged, causing the price to surge by $1,800 in just 30 seconds. In a panic, Ajie tried to close his position but encountered system lag. By the time everything returned to normal, his account had already been liquidated, marking the fourth time this week he faced a similar situation. This scene reminds me of myself three years ago. At that time, I often attributed losses to 'bad luck' or the market being 'irrational'. However, by carefully analyzing the reasons behind each liquidation, I gradually realized that the problem was not with the market, but rather with the fatal flaws in my trading strategy. Full warehouse operations, ignoring stop losses, and lacking position management may seem like 'smart' practices, but they are actually the easiest 'chives harvesting model' for the market. The real challenge does not come from external manipulators or trading systems, but from the internal impulse to quickly turn losses into profits. After deep reflection, I have established three iron rules for myself: 1. Always maintain some liquidity of funds to prepare for future opportunities. 2. Instead of being overly attached to specific price levels, focus on the correctness of the overall trend. 3. After each liquidation, a review and analysis must be conducted to transform the lessons into wisdom for future survival. Sharing these experiences is to help new traders like A Jie understand that the so-called 'dark side' of the market is often just the loopholes in their own trading strategies. The market does not target individuals; it simply eliminates those who do not adhere to trading discipline. The earlier you realize this, the greater your chances of surviving in cryptocurrency trading. Successful trading not only requires technical analysis and market insights but also demands strict self-management and continuous learning. Only through constant reflection, adjustment, and improvement can one establish a foothold in this challenging market.