Yesterday, the whole network was waiting for the photo and name of Cz's dog. When it was announced, there should be no less than 10 Broccoli on the chain at the same time, and countless other names of related tokens. In about 2 hours, they were all cut. Some people withdrew from the pool, and some were Pixiu. As long as they ran slowly, they would basically be cut. Among them, the creator of a CA made a profit of nearly 10,000 BNB in half an hour, more than 6 million US dollars. The money of these people in the currency circle is really blown by the wind.
Moreover, yesterday the BNB chain was abnormally congested due to the surge in trading volume, which was significantly different from SOL. On the day when $TRUMP was launched, there was no obvious congestion despite the huge trading volume. Afterwards, Cz himself explained that he would not issue an official MEME, but would only let the community PVP to find the best one. This is actually the worst way, because it is all PVP, and mutual cutting is inevitable. There is no dealer, and the final result is that everyone is cut. Although the popularity and trading volume of the BNB chain have increased, the result is that retail investors are hurt.
On February 13, Bitcoin ETF had a net outflow of 156 million US dollars, and Ethereum ETF had a net inflow of 12.8 million. It was still IBIT of BlackRock that was inflowing, and the others were outflowing. I remember that the last time this situation occurred, it seemed to rise in the end.
Today, Ouyi supplemented the spot announcement of Duipai, informing that some regions are restricted from recharging and trading. Although it was not stated explicitly, it has been learned that it is mainland users. Ouyi's operation is very good. It not only attracted traffic before other exchanges, but also attracted registrations from uncles and aunts. Finally, I would like to make a supplementary explanation. Although it is almost impossible to trade, some people will definitely try other things. Isn't this the KPI completed? I admire it! Awesome! Within two days, all the top exchanges withdrew the listing of Duipai. Holders can only watch but not touch. It's uncomfortable, but there must be a way, but it will definitely cost some money. It depends on whether it is worth it.
According to monitoring, after increasing WBTC and MOVE worth $6.41 million today, the accumulated floating loss of Trump WLFI's investment tokens has narrowed to $49.153 million. Most of the generation market has been charged to COINBASE. It has only been one or two months, and it has lost $50 million, and it has almost never made any profit. I really don't understand what this investment team is doing.
The U.S. Securities and Exchange Commission (SEC) has confirmed acceptance of the 19b-4 application submitted by Grayscale and the New York Stock Exchange to establish a DOGE ETF. It has also confirmed receipt of Grayscale’s amendment to the spot XRP ETF application. The market did not respond much to this
Market Interpretation
Bitcoin has been fluctuating for 10 days. It is rare for it to remain sideways at a high level for such a long time. It is best to wait and see cautiously for another 1-2 weeks.
The two cakes are mainly linked, and SOL is also linked.
In terms of cottage:
I think some altcoins are really not doing well. Even if you wait for another 4 years, they may not be able to return your cost last year. Let me take an example of a public chain that became popular in 2021, AVAX. It went from 147 at the peak in 2021 to 8U at the bottom of the bear market. Last year, it was 65, and now it is 25. You can consider some altcoins that became popular early this year according to this situation. Even if you wait for 4 years, they may end up like this. If there is some firewood, pick it up and dry it when it is wet, and keep it for the next time, it may still burn, but if it is left wet, it may really not burn.
Bitcoin Fear and Greed Index: 48 (Neutral)
Brother Hu watches the market and shares strategies every day. If he has a good strategy, he will share it with his fans.
Because I have been caught in the rain, I want to help the newbies who have just entered the market, so that everyone can avoid the biggest risk! ! !
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