Brothers, today’s market is really exciting! The South Korean central bank directly sentenced Bitcoin to "death", while the BNB chain pushed SOL down to the ground. The rumor about Trump’s "sovereign fund buying coins" was treated as a joke by the market. As usual, I’ll take you through the hardcore dissection of the hidden tricks!

Regulatory iron fist: The South Korean central bank has kicked BTC off the foreign exchange reserve list (data speaks).

The South Korean central bank has laid down the law today: "BTC will never enter my foreign exchange reserve!" The core points are two.

Volatility skyrocketing: BTC's annualized volatility in the first quarter hit 90%, compared to less than 10% for stable currencies like USD/EUR. With this roller coaster market, would the central bank dare to hoard? They'd be an easy target for international short sellers!

IMF standards completely missed: Liquidity? BTC's daily trading volume is $30 billion, 200 times that of the dollar; Credit rating? BTC doesn't even have a proper rating, while US and German bonds are AAA rated heavyweights.

What’s even more outrageous is that Koreans added insult to injury: "Countries like Czech and Brazil can play if they want, but the European Central Bank, Switzerland, and Japan are all on our side!" Clearly stating that BTC is currently a "non-mainstream asset".

Old-fashioned sharp commentary: Koreans talk tough, but compared to their outright ban in 2013, they at least admit BTC has "discussion value" now. Just wait until one day the US truly regards BTC as a strategic reserve; let's see if they start licking it up!

Market games: BNB chain’s daily DEX volume of $1.6 billion severely outperformed SOL (on-chain evidence).

Yesterday, the BNB chain went completely crazy! DEX trading volume surged to $1.636 billion, pushing SOL's $1.077 billion down to the ground, leading by over 50%! Key data breakdown:

Leading projects: PancakeSwap alone consumed $1 billion in a day, with Dodo and Woofi assisting in the wild cost crushing: BNB chain has a single Gas fee of $0.01, and even SOL can’t compete with the low-cost battlefields of these shitcoins. Whale movements: Binance is throwing $2 billion into an ecological fund, clearly directing flow towards the BNB chain.

Old-fashioned strategy: In the short term, watch whether BNB can break the $580 resistance level; the altcoin season still depends on whether the BNB chain can maintain a daily trading volume of over $1.8 billion. Want SOL to bounce back? It needs to produce another BOME-level phenomenal meme!

International shadow war: Has the rumor of Trump’s "sovereign fund buying BTC" cooled down?

Although there are crazy rumors in the crypto world that Trump will use a sovereign fund to buy BTC, the market is simply not buying it! BTC fell 1% today, indicating three issues.

Credibility in question: The so-called "sovereign fund" source of funds is tariffs, but the US Constitution explicitly prohibits using tariffs for special funds (everyone who studied junior high politics knows this). Operator background: The person in charge, Michael Grimes, comes from a traditional investment banking background and has never been keen on cryptocurrencies. Timing is wrong: BTC's market value is currently $1.3 trillion, and the amount of money in the sovereign fund wouldn’t even make a splash.

Old-fashioned rumor: This wave of rumors is likely a self-directed performance by the market makers, in conjunction with the $460 million BTC short on Hyperliquid to harvest retail investors (this whale is now sitting on a profit of $8.3 million).

Wealth insight: These anomalies must be closely monitored!

Whale plays hard: A mysterious address pledged $250 million in BTC on Aave and borrowed $150 million in ETH to short the ETH/BTC exchange rate, clearly betting on ETH to rebound. [^data part] Shitcoin miracle: A brother bought MUBARAK for $1,155 four days ago, and it’s now worth $1.5 million! But be aware that this coin's liquidity depth is only $370,000; be cautious of going to zero. [^data part] Institutions retreat: The US BTC ETF has sold off 55,000 BTC (worth $4.58 billion) in 35 days, while BlackRock secretly bought 568,000 BTC, a classic case of "saying no, but being very honest".

Old-fashioned advice: The market is currently in a "double kill" phase; those trading contracts should either leverage within 5x or just hold spot. Remember: Losing money in a bull market is faster than in a bear market!

Old-fashioned prophecy: Three major turning points in 2025.

Regulatory turning point: South Korea talks tough, but is set to impose a 20% capital gains tax on cryptocurrency starting January 2025, clearly acknowledging its asset status. Ecological migration: The BNB chain, relying on low fees and Binance support, may repeat the myth of SOL’s rise from $3 to $260 in 2021. Black swan warning: The US Treasury Secretary has openly admitted "not guaranteeing no recession"; the narrative of BTC and gold as safe havens is about to resurface.

Finally, here's a bold statement: We are now in the darkness before dawn! Once BTC’s weekly MACD forms a golden cross and the CME gap is filled ($81,500), just go all in and that’s it!