镜中幽狐

$ETH
As of now, aside from one epic negative factor for Ethereum—a potential collapse on the level of a Great Depression in the United States—and a huge downside risk with Bitcoin teetering on the edge, everything else is positive news.

If you want to buy spot and don’t know what to purchase, just buy Ethereum. The foundation chairman has changed, Cancun has been upgraded, the accusations against Uniswap have been dropped, Solana has collapsed, and giant whales are buying OTC like crazy. These are all very significant positives, and it's only a matter of time before the price goes up. Moreover, the minimum expectation this year is $5000, which means it has doubled from now, and it’s already quite good. If it falls to $2500, it will eventually recover. If such a well-established king of altcoins, which has developed for several years, can trap you in spot at $2500, then what else besides Bitcoin will cause you to lose?

The main reason Ethereum is struggling to rise is due to the massive staking. If you study it closely, you'll know that the profits from staking are all derived from dumping. If you are optimistic about a token, do not stake it and let them dump it; it’s a classic case where you care about the interest while others care about your principal.

Many Ethereum staking tokens have also made a fortune. They sold their staked tokens above $3000 and are now buying them back at over $2000. Those with TVL in the billions are nearing $1 billion in revenue, yet they don’t pump the price—shameless. It’s like those KOLs promoting the idea of getting multiple benefits from one fish; you think it’s about getting more from one fish, but in reality, you’re picking sesame seeds and losing watermelons. The staked Ethereum at $3500 can now only be withdrawn at $2500, and the airdrops can’t even compensate for the loss in price 😓

We should resist staking.

I want to be a cold-pants person 😡 This is my last post (for sure)

I accidentally brushed through a historical order, but actually I haven't opened a single contract yet 😭😭😭

Wall Street has to buy 3 million bitcoins below 100,000 at least to pull it, maximum looks for a rebound

$BTC
If the US stock market doesn't crash in the second half of the month, it is estimated to rebound for two weeks; the order for over eighty thousand ended today😴

$BTC
No, how come I just bought it not long ago, and it has plummeted 😅

$BTC
No, the market trend for today is too gloomy, isn't it? It's completely abnormal😳

$BTC
Let's get serious with the analysis.
I have changed my perspective; this year it is very likely that Bitcoin will continue to repeat its four-year cycle, and we should see it drop below 90k. If it can reach 74k, it is likely to be the bottom.

The reason is simple: currently, U.S. institutions hold only nearly three million Bitcoins, which is less than 15% of the total supply, making complete institutionalization impossible. In the range of 90k-100k, there will be miner bosses supporting the price. Once it drops below 100k, the miner bosses will buy Bitcoin to support the price, and if it stays at this level for a long time without dropping further, Wall Street will not be able to collect chips. Therefore, breaking below 90k in the future is inevitable, and it will stay below 90k for a considerable time to facilitate further chip collection.

Finally, I believe that breaking the four-year cycle is inevitable because the halving of mining rewards determines the four-year cycle, and now the impact of mining output on the overall market is becoming less significant. The reason for continuing the four-year cycle this year is that Wall Street can use this pretext to suppress prices and collect chips while allowing those who stubbornly believe in a 75% drop to miss out.
I believe a landmark event that signifies the end of the four-year cycle will be when institutional holdings exceed 60% of the total supply, which is still too low now.

In the vast sea of blockchain, YGG (Yield Guild Games) shines like a star refined through tempering, continuously releasing brilliance with innovative posture. Below is an in-depth analysis of its multidimensional value:
1. Dancing Against the Trend: A Song of Market Resilience
In September 2025, the YGG token broke through the sluggish market with a monthly increase of over 30%, becoming a rare bright spot in the crypto market. Behind this lies both the revival of the blockchain gaming ecosystem and the deep significance of its strategic transformation—from a simple 'blockchain gaming guild' to a gaming ecosystem incubator, launching the LOL Land project with a monthly revenue exceeding one million dollars, and planning to launch the Fair Launch model of the Launchpad platform in October. This innovative layout injects new narratives, with its market value once touching 136 million dollars, and the nearing completion of the circulating token release adds imaginative space.
2. Breaking the Cocoon and Becoming a Butterfly: The Dual Wings of Strategic Transformation
YGG's evolution trajectory presents two core driving forces:
Value Capture Mechanism Upgrade: Through a continuous token buyback of 1.5 million dollars, establishing a closed loop of 'real yield → token empowerment', reshaping market confidence after the VC bubble bursts; Ecological Boundary Expansion: Extending from asset leasing to game incubation, anchoring the positioning of metaverse economic infrastructure, forming ecological resonance with leading projects like Axie Infinity and The Sandbox. This model of 'endogenous self-sustenance + exogenous growth' enables it to occupy a unique ecological niche in the blockchain gaming track.
3. Power of Foundation: Underlying Logic Across Cycles
Despite severe market fluctuations, YGG still possesses long-term value support:
Governance Empowerment: Token holders can participate in platform decisions through DAO, forming the cohesion of a decentralized community; Scene Penetration: Covering diverse scenes such as game asset trading, virtual land development, and cross-chain identity authentication, constructing the capillary network of the metaverse economy; Industry Wave: The global blockchain gaming market size has surpassed 10 billion dollars, and the 'play-to-earn' model in emerging markets like the Philippines validates its social value.

YGG is rewriting the narrative of blockchain games with the posture of a 'breaker', possessing both the vision of the stars and the sea, as well as the pragmatism of buyback empowerment. In the tides of the crypto world, it may not be the most dazzling splash, but with deep ecological cultivation and model innovation, the future is still worth looking forward to. Just like the distributed philosophy of blockchain—value will ultimately flow to nodes that continuously create real demand #yggplay $YGG .

$BNB
The current old tokens must either be assetized (like BTC, ETH) or dividend-paying stocks (like BNB and other platform coins); otherwise, they will gradually become worthless. Buybacks are just a deceptive trick.

$TON
I feel like those who are still holding onto ton are mostly gambling that telegram will empower them😔

$BTC
It has been 200 days, and I just liquidated my positions because I didn't keep up with the rise in the US stock market and panicked.
Now I realize it was impulsive, I broke down.

21%, I am not suited for trading, I broke down.

$BTC
If the four-year cycle no longer exists, then unless there is an economic crisis, BTC will not fall below 70,000.

But currently, BTC is at its weakest point in the two years I have experienced. If we look at historical charts, it is even weaker than the bear market of 2022 to early 2023.

$BTC
This is the first time in two years that I have seen such a weak pancake.

$BTC
Now that Insider Brother No. 2 hasn't gone bankrupt, it seems they're keeping it to deceive short sellers🤣🤣🤣
Don't be fooled by the same trick for the third time, it has already deceived five times😅
Don't worry, Binance Square will continue to launch new heroes in the future🤗

$ETH Just go in and die, whatever😡

$BNB
Suddenly feeling a bit regretful about buying the dip, why isn't it rising?😡😡😡

A Brief Introduction to Linea
Linea is a zero-knowledge proof L2 on Ethereum, which is different from optimistic proofs represented by OP. Zero-knowledge proofs are generally considered to have greater potential for the future.
About L2. L2 is a relatively unique application on a public chain, primarily used to reduce transaction fees, and can be seen as a small public chain. Therefore, Linea can be regarded as a mini version of Ethereum, with its fluctuations largely influenced by Ethereum.
Compared to ZK, which also uses zero-knowledge proofs, Linea's TVL is $1.2 billion, with on-chain stablecoins amounting to $85 million, and a fully diluted market cap of $800 million; zk's TVL is $80 million, with on-chain stablecoins of $59 million, and a fully diluted market cap of $1.2 billion. Although the data for Linea as a new coin may be inflated, it still shows greater potential in comparison.
Currently, the main issue with Ethereum L2 is the lack of application scenarios. The purpose of L2 was originally to reduce transaction fees, but Ethereum's price has not risen for a long time, and it has continuously reduced fees through repeated upgrades, leading to a state of stagnation. If Ethereum can sustain its rise, then L2 will demonstrate its value once Ethereum reaches a certain price. #linea $LINEA

A Simple Overview of Morpho
Morpho is a decentralized lending platform launched in the past two years that does not require a license. It can be understood as a bank without the authority to issue currency in reality, primarily generating income through lending interest differentials and fees. As of now, the total staked value on the Morpho platform has reached $13 billion, making it the second-largest decentralized lending platform after Aave.

Project Valuation
Since its launch, Morpho has accumulated $189 million in fee revenue. Over the past year, the fee income has shown a continuous upward trend, indicating a promising future for sustained growth. In the past thirty days, Morpho generated $24 million in fees, which suggests an annualized fee income of approximately $290 million, compared to the current fully diluted market cap of $1.9 billion, indicating an undervaluation level if the income can remain stable in the long term.

Horizontal Comparison
Today, Morpho has become the second-largest decentralized lending platform, next to Aave. In comparison, Aave's total locked value is $63 billion, while Morpho's is $13 billion, about one-fifth; Aave's revenue over the past 30 days is $98 million, while Morpho's is $24 million, approximately one-quarter; Aave's loaned value is $25 billion, while Morpho's is $4.5 billion, roughly one-fifth.
From the data, it can be seen that Morpho and Aave are on par, but one issue is that Morpho currently has not conducted any token buyback activities and has not provided incentives for token holders, which may lead to a disconnect between the token price and project development. #morpho $MORPHO

$SKY
Wow, I just saw that the project team initiated a vote today to change the staking rewards from the stablecoin USDS to SKY.

This is definitely bad news. Originally, the project team could distribute over a hundred million in rewards each year, but now switching to SKY will cause it to drop along with the coin price. Can't retail investors ever make money? 😓

Blockchain Lesson 2, most coins have no relation to the projects he is working on 😎