SmartContractPhobia

The essay discusses the importance of understanding profit-taking and stop-loss strategies for cryptocurrency traders, especially beginners. It explains automated tools for managing trades effectively, emphasizing the need for flexible adjustments and continuous market monitoring to balance risks and profits.

Gasoline prices in the U.S. have dropped to $3.00 per gallon, the lowest in four years, influenced by seasonal factors and a decline in crude oil prices. Trump's policies reduced average prices but still fell short of his $2 target. Significant regional price differences exist, with California at $4.56 and Texas at $2.57.

On December 31, the international precious metals market declined, with gold, silver, platinum, and palladium prices all falling sharply, related to the CME's increase in margin requirements. This strategy aims to reduce leverage effects and cool market speculation. Although the sharp drop in silver raised concerns, analysts believe that the fundamentals still have support and recommend investors to patiently wait for the right opportunity to re-enter the market.

What is the first step to mastering technical analysis? Learn to interpret moving averages. This tool can help you quickly judge price trends, identify entry points, and is an essential weapon for short-term traders. This article will start from the core principles of moving averages, gradually breaking down the EMA indicator, calculation methods, practical settings, and common trading application techniques.
What is a moving average? A story about the average price
Simply put, the Moving Average (MA) is calculated by adding up the closing prices over a certain period and then dividing by the number of days to get an average. Over time, this average updates continuously, and connecting these points with a line forms the moving average we see.
The formula is straightforward: N-day moving average = sum of closing prices over the past N days ÷ N
For example, the 5-day moving average is the average closing price of the most recent 5 trading days. When this line moves upward, it usually indicates that the price is rising; when it moves downward, it indicates that the price

Dustin Moskovitz, who co-founded Asana nearly 17 years ago, has signaled a significant shift in the company's leadership structure. The visionary founder and current CEO has informed the board of his intention to transition to Chair when a successor assumes the CEO position. This move marks a

"Can you really make money with foreign currency margin trading?" — This is a question almost every beginner asks.
The answer is: yes, but the risks are high. The foreign exchange market is the largest financial market in the world, with a daily trading volume exceeding 6 trillion USD, far surpassing the combined total of stock and futures markets. Because of its enormous size, liquidity is extremely high, and opportunities do exist. However, statistics show that over 70-80% of retail investors lose money in forex trading. This is not meant to scare you, but a reality.
With the widespread use of the internet, the forex market, once only accessible to large institutions, now has retail traders accounting for over 30%. The rise of leveraged trading, contracts for difference (CFDs), and other derivatives has enabled ordinary people to gamble big with small amounts. But it is precisely this "gambling big with small" temptation that causes many to fall into a trap of losses.
If you are a beginner and want to truly understand how to trade foreign currency margins, this article will help clarify your thinking.
First step: Recognize the foreign

Since Q4 2024, spot gold prices have surged, approaching historical highs, mainly influenced by uncertainties in US tariff policies, changing expectations of Federal Reserve rate cuts, and increased holdings by global central banks. Despite short-term volatility, investment institutions remain optimistic about the long-term outlook for gold prices, recommending investors to flexibly allocate spot gold based on their own experience and risk tolerance.

The Path from 126K to 87K: A Crash Journey
After reaching a historic high of over $126,000 early last month, Bitcoin rapidly declined to around $87,720 within just over a month, a drop of 28%. This sustained selling pressure not only wiped out BTC's entire gains for the year but also severely dampened the overall enthusiasm in the crypto market.
During Tuesday's trading, Bitcoin briefly fell below the psychological level of $90,000, hitting a recent low. Behind this decline are factors such as the cooling of expectations for Federal Reserve rate cuts and ongoing tightening of global liquidity.
Technical "Triple Kill" Warning Signs
Bitcoin currently shows three technical indicators that make traders uneasy:
First, the "Death Cross" has become a reality. Last week, Bitcoin's 50-day moving average officially crossed below the 200-day moving average. This classic bearish signal often indicates the start of a long-term downtrend. Based on historical review

Understanding RSI Relative Strength Index
RSI (Relative Strength Indicator) is one of the most classic tools in market technical analysis. It quantifies the comparison between recent price increases and decreases to determine the ebb and flow of bullish and bearish forces in the market. In simple terms, RSI helps investors identify periods of market strength and weakness, serving as an important reference for deciding when to enter or exit positions.
Why is RSI so popular among investors? First, its calculation logic is relatively straightforward, requiring no complex mathematical operations, making it easy for beginners to grasp quickly. Second, RSI can reflect real-time changes in the balance of buying and selling forces, offering high practicality. Furthermore, in technical analysis software, RSI is often displayed alongside tools like the KD indicator and MACD, becoming a key basis for formulating trading strategies.
RSI Calculation Principles and Numerical Interpretation
To truly

The Australian dollar has recently appreciated, mainly influenced by higher-than-expected inflation data, leading to a change in market expectations for the Reserve Bank of Australia's interest rate cuts. Analysis shows that the likelihood of the RBA cutting rates in the short term is low, with a potential rate hike expected by 2026. The Australian dollar benefits from relatively high interest rate prospects and is expected to perform prominently among G-10 currencies in the future.

Market Pulse Overview
Last Friday, U.S. stocks experienced "quadruple expiration," with all three major indices rising across the board, while the cryptocurrency market remained under pressure. According to the latest data, Bitcoin dropped 0.34% in 24 hours, currently trading at $88,020; Ethereum fell 0.03%, currently at $2,976. In contrast, the traditional market sentiment was more optimistic—U.S. stock indices generally rose, with the Dow Jones Industrial Average up 0.38%, the S&P 500 up 0.88%, and the Nasdaq up 1.31%. In the Hong Kong market, the Hang Seng Index night session futures closed at 25,843 points, opening 152 points higher than yesterday.
Tech stocks have become the main drivers of this round of rebound. Oracle's stock surged 6.6%, while NVIDIA and Broadcom increased by 3.9% and 3.2%, respectively. NVIDIA performed the best, becoming the strongest performing component of the Dow Jones year-to-date. However, Nike's stock was heavily hit, falling 10% due to weak performance in its China business.

December 10, 2025, the Taiwan dollar has surged to 4.85 against the Japanese yen, appreciating by 8.7% since the beginning of the year. Recently, many people are planning to travel abroad or invest in Japanese yen, but did you know? Using the wrong method to exchange 50,000 TWD could cost you an extra 1,500 NT.
We have tested the four most mainstream currency exchange methods to show you which ones are truly cost-effective and which ones could lead to losses.
Why should you exchange for yen now?
This is not just a travel issue. The yen is one of the three major safe-haven currencies. For Taiwanese investors, exchanging for yen adds an extra layer of protection against fluctuations in the Taiwan stock market. Moreover, the Bank of Japan Governor Ueda Kazuo recently made hawkish comments, with an 80% expectation of interest rate hikes by December 19. Japanese government bond yields have hit a 17-year high of 1.93%—all these factors support the strengthening of the yen.
In the short term, the yen exchange rate remains volatile. USD/JPY has fallen from a high of 160 at the beginning of the year to 154.58, and medium to long-term forecasts suggest it will continue to

What exactly does the return on investment measure?
Many investors often get confused by various return figures but don't know how their actual investment performance is. In fact, this question can be answered with a simple indicator—Return on Investment (ROI).
ROI is a core financial metric that reflects the capital appreciation ability. It is expressed as a percentage and is widely used in personal financial decision-making, evaluating corporate profitability, and comparing the efficiency of different investment products. Whether you invest in stocks, real estate, or run a business, ROI can help you intuitively understand whether the investment is worth it.
Stock Return Calculation Formula and Derivation Process
When it comes to calculating stock returns, many think it's complicated, but the core logic is very straightforward.
The basic formula is: ROI (%) = (Net Profit from Investment ÷ Initial Investment) × 100%
Where, Net Profit = Investment Income - Investment

In recent years, the global economy has faced unprecedented challenges, with prices continuously rising, central banks frequently adjusting interest rates, and investment markets experiencing increased volatility. What is the root cause behind all these phenomena? In the face of inflation, people of different backgrounds will encounter vastly different situations. This article will help you gain an in-depth understanding of inflation and find strategies to cope with it.
The Economic Logic Behind Price Increases
When we talk about inflation, we are essentially referring to a sustained rise in market prices over a period of time. This is not just a numbers game; it directly affects the purchasing power of the cash in our hands. In simple terms, inflation means your money is becoming less and less valuable.
The most commonly used indicator to measure this phenomenon is the Consumer Price Index (CPI), which accurately reflects the trend of changes in the prices of a basket of goods and services.
Why Does Inflation Occur? Four Key Factors in the Economic Cycle
The formation of inflation is not accidental but the result of multiple forces acting together within the economic system.

Taiwanese manufacturers usher in ASIC year
The AI chip market is changing rapidly. According to the latest rumors, Meta will adopt Google's self-developed TPU acceleration chips on a large scale between 2026 and 2027, and rent computing power through Google Cloud. This move may seem ordinary, but it subtly signals that cloud giants are officially challenging NVIDIA's territory. MediaTek(2454), as a core partner in Google's ASIC design ecosystem, saw its stock price hit the daily limit-up today, closing at 1300 NT dollars, reflecting the market's concrete response to this wave of change.
Billion-dollar market opportunities are taking shape
MediaTek CEO Cai Lixing previously signaled that the company's first AI accelerator ASIC project is progressing smoothly, with cloud ASIC revenue expected to reach the $1 billion mark by 2026. Even more ambitiously, the 2027 target aims at a scale of tens of billions of dollars. Meanwhile, the company

The US capital market is vast, with thousands of listed companies making it difficult for investors to grasp the overall market dynamics. Therefore, tracking the performance of the US stock market through indices has become an essential task for investors worldwide. Unlike other countries, the US stock market is not represented by a single index but by multiple distinctive index systems. Among them, the four most influential indices each reflect different industries and company sizes.
Comprehensive Overview of the Four Major US Stock Indices
To observe the trend of the US stock market, it is necessary to start by understanding these four major indices:
Dow Jones Industrial Average (DJI) was established in 1896 and is the oldest barometer of the US stock market. Initially comprising only 12 industrial companies, it expanded to 30 companies over time. Because it uses a price-weighted method, companies with higher stock prices have a greater impact on the index. Therefore, adjustments to the component stocks need to consider whether stock price fluctuations might cause excessive volatility.
S&P 500 Index (

The US stock electronic trading extended the regular trading hours, allowing global investors to respond flexibly based on the latest information. Although risks such as wider spreads and insufficient liquidity exist, its advantages lie in time flexibility and early positioning opportunities. Beginners should first accumulate experience during normal trading hours and participate cautiously in after-hours trading.