Shanzhai 4.29 Highlights:
1. According to on-chain data, Brother Sun has reduced his BTC holdings but has not sold his ETH, probably waiting for the upgrades to be completed in the next two weeks. Another whale has also started to reduce holdings. From a long-term perspective, the current pullback to the M top neckline is indeed very close to the top.
2. The Korean exchange will launch AI16Z, and UP will launch SIGN.
3. The new Federal Reserve Chairman will take office next year, and like the outrageous situation with Trump, it will bring too many (surprises) to everyone.
4. Hyperliquid announces 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.
