Calvin-btc

$DOGE As the coin I've lost the most on
These past couple of days have seen a bottom bounce, and it's back in the spotlight. Last time, thanks to Musk and some government efficiency department also called D.O.G.E, Dogecoin couldn't break new highs despite the hype. This current rise has no real fundamentals, purely driven by leveraged funds and FOMO emotions pulling it up.
Overseas, Dogecoin is inflationary.
In the bull market of '21, it had a market cap of just over 120 billion, and now it's nearing 170 billion.
If you're still believing in this, be careful. Speculate if you want, but don't let it turn into blind faith.

MicroStrategy has hoarded 800,000 Bitcoins, and Bitcoin is losing its speculative edge. Ironically, that group of Bitcoin die-hards doesn't think the volatility will fade; instead, they keep dreaming about speculation $BTC

After RAVE, here comes another one $LAB
Direct pump, and the bears got wrecked for over 5 million dollars
Leverage is poison, trade carefully!
Do you all think LAB will pump violently again?

A few years back, Sun Yuchen dropped a hot take in an audio clip: he said back in 2016, don’t buy a house, don’t buy a car, take 1 million and split it into 5 chunks to buy these few things:
Buy Bitcoin, NVIDIA, Tesla, Tencent, and one LC.
Hold onto them until now, and it’s about 67 million.
NVIDIA and Bitcoin have roughly 150x’d; even if one of those assets tanked 30%, it wouldn’t make a dent in the overall result. Because in the face of a massive correct direction, a little splash really doesn’t mean much.
What’s even crazier is that he kept emphasizing one trend: artificial intelligence. That was back in 2016, can you believe it?
Back then, a lot of folks were still thinking about down payments, wanting to buy cars, thinking Bitcoin was a joke, viewing Tesla as just a toy, and believing AI was far from the average person.
What really sets the difference: regular folks see price and risk, while the pros see trends and eras. A lot of us are grinding for our gains, but some are cashing in on their knowledge.

Don't short at 78500, this four-hour chart doesn't look like it's going to drop. 80k seems like a sure thing, the question is how high it will go before that. $BTC

The Four Major Illusions in Life
1 The US stock market is gonna crash
2 The A-shares are set to pump
3 Altcoin season is upon us
4 This time it's really different

Just came across some news saying that North Korean hackers have stolen nearly $6 billion in crypto over the past decade, and this year, a whopping 76% of stolen crypto assets were also attributed to them!!
Isn't North Korea considered a pretty backward country? How come their hacking skills are so top-notch?

$BTC Bitcoin has been ranging below 80k for almost three months now. If it can break through 80k, it definitely won't stop there, right?

Ceasefire for an indefinite period‼️
The White House sent a formal letter to the U.S. Congress, officially announcing that the "hostilities with Iran have ended"‼️
No need to trade blows anymore...
The oil barrels are about to be full.
As long as they don't allow oil transport, Iran is already done 😂
Following the news, Brent crude has dipped to around $110/barrel, while WTI crude has fallen to about $102-108/barrel.
Yesterday, Iran submitted the latest ceasefire proposal.
However, it looks like they haven't confirmed their spokesperson internally yet 🤣

Is the Ethereum Foundation in debt? Just sold 10k ETH, and it's only a handful of folks involved. You can't even burn through that much operation fee with daily yacht parties.
Thank goodness for Tom Lee, the real OG; he's buying up everything that comes from bitmine. Can the Ethereum Foundation take a page from that playbook? $ETH

Checked the 5-month returns for $ETH
April and May are basically the best months for ETH returns
From June onwards, there's a 50/50 chance of either a pump or a dump
Looked at last month's ETH data and it's definitely solid
This month, let's hold off on shorting ETH, we can consider that next month.

Those folks who keep shouting 'BTC will hit 10 million dollars per coin' might not have really thought through a wild fact, including MSTR's CEO himself.
They want to believe that in the future, countless people globally will stake trillions of dollars of wealth on a software protocol written in C++, which requires long-term maintenance, upgrades, and bug fixes.
Gold is a static physical asset. It doesn't need developers, version updates, community votes, bug fixes, or sudden forks due to ideological splits.
But BTC is different.
It has code behind it, developers, mining pools, nodes, exchanges, custodians, ETF capital flow, foundations, donors, interest groups, and all kinds of real-world folks involved.
As long as it's software, there will be bugs.
As long as upgrades are needed, there will be ideological splits.
Whenever there are interests involved, human complexity is guaranteed.
As long as the coin price is high enough, every technical dispute, governance conflict, rollback discussion, and fork risk will be magnified into massive financial shocks.
More crucially, mining pools aren't as decentralized as imagined, and core development can't completely detach from the real-world interest network. The so-called 'decentralization' still relies on a small group of people, a set of institutions, and an infrastructure to keep it running in many specific aspects.
So I've always felt that simply likening BTC to 'digital gold' actually overlooks the most essential differences:
Gold doesn't require maintenance;
Bitcoin does require long-term upkeep.
Gold doesn't have version roadmap disputes;
Bitcoin does.
Gold won't fork due to disagreements among developers;
Bitcoin will.
When an asset's valuation is imagined to reach the trillions of dollars level, any minor governance crack, code risk, or conflict of interest can turn into systemic risk.
So here's the question:
Should a software protocol that relies long-term on code, developers, mining pools, community consensus, and interest coordination really be given a valuation in the trillions?
At least I think this question is far from as simple as those who are calling the shots make it out to be.

Looking to go short on this 'double dip' and buy some Bitcoin starting with 4 to recover the losses from last year's FOMO? Nah, that's wishful thinking. Riding the wave will only amplify your losses. This time, you're heading for bankruptcy because you already leveraged over 80% of your assets when you bought at the peak last year. Don't ask me how I know; market sentiment is just that volatile.

Elon said, "I like BTC, but most coins are scams" 🧐
After hearing that, I quietly glanced at my holdings and decided to call it "value investing".
After all, losses are just temporary; conviction is eternal. $$BTC
(BTC76000, fear in the sentiment index, but the candlestick says a massive pump is imminent—I'm buying it!)

Forgot about that, it's time, huh?
If Trump goes for it again, that could be illegal, right?
(Even though the market has been hitting new highs for a month, no one's really paying attention.)

Recharging the faith of Bitcoin holders
Current direction for Bitcoin: consolidating upward
Check out the central consolidation structure in the chart
You’ll notice the downward pressure of B1, B2, B3
B2 is the strongest, B3 isn’t finished yet
But B3’s downward momentum isn’t too strong
There’s support here
Let’s look at the details of B3, which means the 4-hour chart
We expect a downward consolidation in the 4-hour timeframe
However, this structure isn’t complete
So we’ll likely see some sideways action before heading down, I estimate
It’ll wrap up this structure over the weekend
Let’s just stare blankly at the charts.

I've noticed that a lot of folks aren't thinking straight. As for what others say, whether it's legit or not, why not do your own research? 4.21 with 210 million in positions, 4.30 with 360 million in positions. Do we really need to keep yapping about bullish reasons here? $DOGE

Saw Trump once for 8000U
No wonder so many people are heading to N
The entry point is so low now
Last year, Sun bought nearly 20 million U, and $TRUMP only saw Trump after that.

No wonder Tom Lee has been bullish on Ethereum, thinking it could skyrocket to $9,000 or even $20,000 in the next two years. Turns out he went all in on ETH, buying $1.4 billion worth. This bullish sentiment is similar to MicroStrategy or those who buy meme coins, always believing that these coins can moon several times over. As folks say, it's a bit of wishful thinking.

Reporter: Mr. President, how much did you make in crypto since you took office last year?
Trump: Don’t even get me started, the coin I dropped the day before I took office peaked at $82, and the very next day it plummeted to $2. You should really be asking me how much I lost.