Shanzhai 4.29 Highlights:

1. According to on-chain data, Brother Sun has transferred BTC to reduce his holdings, but has not sold ETH yet, likely waiting for the upgrades to complete in the next two weeks. Another whale has also started to reduce holdings. In the long term, the current pullback to the M top neckline is indeed very close to the peak;

2. The Korean exchange will launch AI16Z Korean pair, and up will launch SIGN;

3. The new Federal Reserve chairman will take office next year, similar to Te's absurdity, which will bring too many (surprises) to everyone;

4. Hyperliquid announced that a new fee structure and staking levels will go live on May 5;

5. The Ethereum Fusaka hard fork is expected to take place at the end of 2025.