Making money in a bull market relies on luck, while preserving capital in a bear market depends on discipline; greedy people end up losing on both sides. The long and short positions are at odds, and hot spots are surging:
1️⃣ BTC, ETH, SOL overall retracement, altcoins are facing a bloodbath, the entire sector is declining, #AI sector leads the drop at -8.7%, followed closely by #MEME and #DePIN, #CeFi is relatively resistant to declines.
2️⃣ #BNB hits a new ATH at $860, market capitalization reaches $114.9 billion, CZ's worth may have exceeded $74 billion; ecosystem tokens like #CAKE and #THE are rising in tandem.
3️⃣ #VAPE takes off! With support from YZi Labs, CEA Industries and 10X Capital announce a $500 million private placement to create the largest BNB listing treasury. VAPE surged 6 times last night, achieving legendary status.
4️⃣ U.S. stock market crypto concept stocks generally fell, ETH reserve concept $BMNR dropped 11.7%, $SBET fell 4.8%, while $TRX reserve-related stocks went against the trend and rose 13%.
5️⃣ #sui new narrative? Mill City Ventures plans to raise $450 million to build a SUI asset reserve strategy, preparing for significant actions.
6️⃣ #Binance launches RWUSD: focusing on principal and interest protection, pegged to U.S. Treasuries, with an annualized yield of 4%+, providing a new option for stablecoin users.
7️⃣ The highly popular #Plasma announces the end of its public offering, raising $373 million, oversubscribed by 7 times, directly promoted to “king-level.”
8️⃣ Ray Dalio, founder of Bridgewater Associates, speaks again: he suggests an asset allocation of 15% in gold or BTC, stating “I’ve bought a little myself.”
9️⃣ #Coinbase new listing preview: will add $BIO (Bio Protocol) and $EUL (Euler), token attention is rising sharply.
🔟 #TRON Inc is also making big moves, having submitted a mixed issuance application to the SEC, aiming to raise up to $1 billion, $TRX may have subsequent performance.
Note: Binance HODLer airdrop launches new project $TREE (Treehouse), which will open for spot trading on July 29; pay attention in advance to avoid losses.