It's that time again when the dealer acts unscrupulously, with no ethics or principles, leading to a bloody slaughter.
Actually, the current shape is indeed entangled; the short-term shape is upward, but the volume is insufficient, fearing missing out, and also afraid of being stuck. To be honest, I have been thinking about what to do?
At this shape and time point, for friends who entered the market around 85000 last night, I suggest you stop loss now, don't hesitate. If you stop loss, just wait and see. There might be a spike upwards, but this time it will definitely be a rebound, not a reversal. If it breaks through, you can continue to short at the previous high of 86400. If you want to be safer, consider entering around 87500.
From the daily chart, the overall shape does show a trend of strengthening, but the volume has always been insufficient, and the capital entering is not much, while the bullish power of MACD is also weakening, so there may be a pullback later. However, I am still a bit worried; there might be a sudden surge. My suggestion is that if the market rebounds, consider shorting and reducing positions. Don't chase after the rise; if the market doesn't drop in the next few days, it’s best not to enter. The upper pressure is approximately between 85500 and 87500, and the lower support is around 81500.
From the four-hour chart, the Bollinger Bands are narrowing, and the market is in a sideways fluctuation state. It is recommended to short around 85800, set the stop loss at 86500, and the profit target at 83500. Recently, it’s better to wait and observe, don’t easily go long, and it’s best not to enter the spot market.
From the 3-day line, the time for a reversal is getting closer. If the price retraces back to 76000, bravely get on board and hold your coins for appreciation.
The easing of tariffs and the implementation of interest rate cuts will eventually become a reality; this period may just be the last adjustment of the market. Don't worry about the current predicament, patiently wait for opportunities, and do what you should do.
Regarding TRUMP coin, I have said before, do not touch it, and do not look at it; staying away from it is staying away from risk!
Today, 50 million coins were unlocked on the 18th, and there will be another 500,000 coins unlocked every day. This pace is really not great.
Friends, I can tell you clearly that TRUMP coin is highly likely to go to zero. Don't hold any beliefs; Trump issuing coins is just to harvest the leeks.
And those meme coins, it's best not to touch them, they're basically a rhythm for finding your doom.
Briefly talk about the market situation of other cryptocurrencies
Bitcoin is experiencing short-term fluctuations and adjustments; CEX is relatively quiet now, but activities on the chain are very active, and market confidence has recently been significantly boosted by $dark and $rfc.
The SOL chain has recently shown a strong recovery momentum, and the performance in the secondary market is also quite eye-catching. It seems that SOL may continue to maintain this strong performance, and investors should pay more attention to the dynamics on the chain, as the current bull market is mainly occurring in the on-chain sector.
Moreover, the focus of this bull market is gradually shifting towards a new narrative centered around AI. With continuous technological progress and the emergence of more application scenarios, AI is becoming a new hotspot in the market that deserves ongoing attention.
Waking up in the morning, I glanced and saw that the price of $RFC had already dropped to 50M. Although I felt a bit shaken inside, I still decided to hold on. Every time I see it, I feel a sense of déjà vu, like the initial feeling with SHIB. This belief is not sold to me by the outside world, but stems from my inner trust.
However, if RFC cannot stop the decline and stabilize the price in time today, it may trigger a wave of panic selling. There are still many people in a profitable state, but as the price gradually approaches the cost line, investors' emotions will become more and more anxious.
But if it can successfully rebound and stabilize, it will prove that RFC indeed has strong strength and potential, and might welcome a larger breakthrough.
On April 16, after OM, another coin crashed. AERGO soared from $0.05 to $0.7 in a week, a 14-fold increase, but unfortunately dropped to $0.1 in just one day, directly plummeting 85%.
Having just gone through the OM incident, the market hasn't recovered yet, and AERGO's roller coaster has attracted widespread attention, especially regarding Binance's operations and data transparency issues, which have provoked a strong reaction from the community. Everyone is asking, 'Is BN really the terminator of cryptocurrency?'
Binance's 'Operational Fog': From Delisting to Futures Frenzy
AERGO is a currency developed by South Korea's Blocko, which had been low-profile and not much attention was paid to it. However, on March 28, 2025, Binance suddenly delisted AERGO, and its price dropped to $0.04. But on April 16, the plot twisted; Binance relisted AERGO and supported leverage up to 15 times, resulting in a price surge to $0.7 within a few hours, later stabilizing around $0.5. It can be said that this news directly pulled AERGO up several times!
However, unexpectedly, just 12 hours after AERGO went live on BN, its price plummeted to $0.1, a staggering 80% drop. This triggered panic in the market, and investors' dissatisfaction erupted. Everyone began to focus on the issue of data accuracy on the BN platform.
Many investors have noticed that BN shows AERGO's circulating market value as only $30 million, but the actual market value calculated based on circulation and price should be close to $107 million. This undervaluation of market value has raised doubts. Many investors lost money because they believed the platform's data and bought at high prices. However, other exchanges showed normal data, only BN appeared abnormal, and everyone began to speculate whether the data was fabricated.
The AERGO team responded that they were unaware and did not manipulate the market, but their statement was affected due to an attack on their official website. Binance's lack of transparency in operations and inaccurate data posed a significant risk to the market and severely undermined investors' trust. AERGO's sharp rise and fall reflect the high volatility of the crypto market while exposing some issues with exchanges.
Currently, the overall environment in the crypto circle is still mainly fluctuating. In the absence of major positive news, operations should still focus on short-term strategies. Remember, USDT is more practical than coins! If you see a market spike, consider buying some BTC or some large-cap altcoins, but it's best to avoid touching small coins or those with low popularity.
The new wallet TGE rules for BNB have finally arrived, but it feels like the rules have become a bit hard to explain!
How to say, let's do some warm-up first, quickly understand the rules, and of course, to prevent adjustments to TGE rules in the future, I think we can boldly guess the possible rules later. What I'm talking about here is only within the specified time period, so let's take a look:
1. Alpha must have buy and sell records
2. Alpha has traded specified tokens
3. Used the exchange balance function after wallet exchange
4. Snapshot of asset amounts at both ends meets the standard
5. The square has issued articles
6. Up, down, left, right, BABA
7. Recharged certain tokens
8. Used Binance payment function
9. Minimum number of BNB held for consecutive days
10. Never cursed Binance 😆 (This might be the most crucial one, haha)
If anyone has other speculations about the rules, feel free to add, let's be the prophets of future TGE together!