In the last 24 hours, over 100,000 people were liquidated, with a total liquidation amount of $449 million.
Among them, the total liquidation amount for long positions reached $168 million, while the liquidation amount for short positions reached $281 million. The largest single liquidation occurred on Bybit-BTCUSD, valued at $6.3587 million.
Waking up this morning to see BTC has reached a new high again, quality altcoins like Moodeng Pnut PEOPLE Ethfi ENA Ray SOL are all good buys with eyes closed; the market is full of opportunities.
The South Korean crypto exchange Upbit will launch OM on the KRW, BTC, and USDT markets, starting trading at 15:00 on May 21 (UTC+9).
OM actually wanted to dump and sell during that wave on April 13, but the liquidity was too poor, only less than 20% was sold, and the coin price directly dropped tenfold in one day.
However, in the past month, there have been obvious signs of bottom accumulation; exchanges like Binance, Gate, and MEXC can all see these signs. Just yesterday, it coincided with the positive news of Upbit's launch, and it has started to trend upwards. If the market cooperates, there is a high probability of another wave of rally ahead.
BTC is now at a high position (over $100,000), but the trading volume is less than a third of the peak of the last bull market, let alone the trading amount. Overall market sentiment, if you don't look at Bitcoin's current price, feels like a bear market atmosphere. So do you really think this is the top of the bull market? I truly don't believe it. Here’s a thought:
BTC will first have a wave of correction, and after stabilizing, the crazy altcoin market will come — first AI, then DeFi, then meme, followed by GameFi and RWA, and finally those doomsday sectors on the verge of bankruptcy. After a wave, you must quickly cash out and run.
The next wave of altcoin season will explode fiercely; if you choose the right coins, the gains will definitely outpace BTC significantly. Just allocate your funds reasonably and operate according to the rotation rhythm.
Today, let’s casually chat about the golden dog $IBRL.
Last night I came across a project called gavelxyz, which is the first AMM on Solana that prevents sniping and sandwich attacks. From its performance since launch, it seems to be successful. The structure on BSC can also be referenced, and perhaps we can seize some opportunities.
The pre-sale collected 30,747 SOL, with 13,177 SOL in the pool, and the remaining 17,570 SOL will be gradually pulled to the market over the next 45 days, indicating that liquidity will not dry up in the short term.
They withdraw 0.01% liquidity every 13 minutes, totaling 20,000 times. Now is quite a suitable time to buy $IBRL, the strength is good! Toly had previously pinned support, but later deleted it (I guess it’s afraid the heat would be too high and not beneficial for later control). Looking back now, the market value is indeed a bit undervalued, and the project party's control is stable. I plan to go for 100M, as the buy orders of 3M SOL are there, which gives a lot of confidence!
$SUI's value is rising; HAEDEAL has officially launched on the Korean exchange + Binance Spot;
After $SUI and $Cetus, it is one of the three projects that have been listed on Binance Spot;
Currently, Binance has also launched the alpha for $blue $navx $ns $sca $hippo, which should all be actively added by Binance since there were no airdrops for everyone;
Next, we can ambush some fundamentally good VC coins; pay close attention to the meme ecosystem of $sui, as this round of $sui memes will still come out, stay tuned!
Screenshot from (Bitcoin is too strong, altcoins plunge 30%! SUI takes off! RATO's last chance to escape! KEKIUS skyrockets 146%, gork halts and corrects! Pay attention to labubu!)
Congress Dog BABYDOG's precise bottom fishing this time is a bit fierce, isn't it?
A market value of 300,000 rebounded to 1 million, directly securing a threefold gain; thanks to the brother for recommending this piece of meat!
Memecoins on the ETH chain can sometimes yield surprises even when picking up trash. Don’t keep asking yourself if you can still hop on; trading coins is not about watching the excitement; you need to have your judgment, wait for the point you recognize, and regardless of how much it has risen, if it hasn't reached your target, it has nothing to do with you.
Remember, every dog trader has a strong contrarian psychology; only when retail investors' enthusiasm has completely cooled down will they become excited. If they don't first bring you down to doubt life, why would the dog traders come back for a second wave of pump?
So as long as the meme narrative on the ETH chain is not finished, don't easily give up. Either hold steady, or quietly guard and wait for the opportunity without making noise.
Screenshot from (Bitcoin's main force wash trading script exposed! SXT surged 32%! PEPE up 1? Dreaming! PNUT made 80%! Will Dogecoin break through? 5 major targets trigger the market, helping you get rich!)
Bitcoin has reached a new high, but the meme traders are mostly quiet? Let me give you some motivation.
Today BTC broke a new high, but the on-chain activity is quite quiet. Most meme coins are in correction, indicating that many retail investors have already been unable to hold on, especially those ETH chain memes — have they exhausted your enthusiasm?
Very good, that's right! You guys are tired, but the dog traders are more energetic.
Don't complicate things; playing those meme coins on Ethereum is essentially playing $ETH.
If you are still optimistic about ETH, now is the best time to hop on the epic golden dog. Because the odds for meme are the highest, no matter how much Bitcoin rises, it won't be your turn to get rich. Now BTC is already a game between institutions and has little to do with retail investors.
The RATO, GASS, FROGGER, BERRY, BABYDOG I hold, along with other projects with narrative support, as long as ETH truly breaks through this time, there will definitely be one that breaks through the encirclement, sets new highs, or even goes mainstream; Matt Furie's new book IP is most likely to explode.
But this process is really quite torturous; you will struggle in your heart, the more you want to leave, the closer you get to the next wave of rally. The longer you can hold on for a minute, the more chances you have to make gains than others.
If you don't have faith in ETH, then just pretend you didn't see this statement.
From the first time mining $B and chasing the trend to now, it has been 6 days, from 20M to 150M.
Every judgment I make, every entry point, has been explained in the article. After a whole several days of window period, basically any entry point would yield profit. Moreover, there is also the big trend of Binance adopting $USD1 supporting it, and the subsequent positive news has not yet been fully released.
To be honest, if this doesn't count as a golden dog, if this kind of retail investor profit effect doesn't count as making money, then what actually counts?
During the last wave when BNB Chain MEME was hot, it was lively, but once the voting ended, several projects couldn't take off, and everyone ran away. Then a bunch of people jumped out to FUD, saying that even dogs won't play BNB anymore.
But only at dusk 🌆 can you see who the true believers are.
After this round, $Skyai, $B, and even $Siren and $Jager have successively brought real wealth effects, especially the first two.
Moreover, the most important thing is that I can hold onto the opportunities on the BNB Chain; I can sleep peacefully, unlike the purely emotional trading on Solana, where the volatility is too intense and you have to stay alert all the time, putting more pressure on retail investors.
BNB Chain is now increasingly developing its own flavor, showcasing its characteristics, and the profit effect is starting to shine. As long as retail investors are making money here, it will definitely attract more capable and creative developers and teams to join, creating a virtuous cycle.
Previously on Solana, I worked hard and got exhausted. After all, I'm getting older; I really can't keep up with the post-00s who don’t sleep. I will return to BNB Chain, do what I am familiar with, become a BNBCHAIN expert, and steadily make money.
Still early, brothers.
BNBCHAINZH, keep charging!
Screenshot from (Bitcoin has risen for five weeks in a row, NEIRO has a chance! ETH dual stars: RATO and? NXPC exploding this weekend? BNB chain $B is accelerating? Is EOS renaming useful? Can SUI turn around?)
If you missed $B, you can take a look at $STO:
StakeStone x worldlibertyfi integration is now live, which also belongs to the $USD1 concept;
Currently, $STO's market value is significantly undervalued, with a TVL of $360 million >> FDV of $120 million, and MC of $28 million;
Since going live on Binance Spot, it has been in a wash trading phase, and it hasn't yet launched on Korean exchanges. Judging by the rhythm, the next step is likely to be a Korean exchange. It's a severely undervalued but solid target worth paying attention to!
It's really a mystery; I see my portfolio of investment targets, besides the coins starting with S like $STO $SUI that made me a fortune, there are the ones starting with B: $B2 $blue $B $bank.
The end of investment is mysticism!!!
Let's talk about the value of LINK.
LINK actually became popular because of DeFi; it mainly serves as a bridge between on-chain and real-world data. You can think of it as a 'data intermediary' that helps transmit information from the real world to the blockchain and vice versa.
Think about the DeFi track; the prospects are definitely huge. Whether it's staking, lending, or trading, all of these rely on accurate data feeds.
Although LINK does not have a passive deflation mechanism, its total supply is limited. It also has a wide range of application scenarios; nodes providing data must use LINK, and projects wanting to use data must also use LINK for payment.
Moreover, if the data provider commits fraud, LINK will be penalized. It can be said that it almost monopolizes the entire oracle market, with many users and comprehensive application scenarios.
DeFi actually only started developing in 2020, and it has only been five years.
It can exceed UNI's market value for a reason; it does have practical utility and will continue to grow.
In the future, on-chain lending, trading, and data services will develop into a scale of hundreds of billions of dollars without any problem.
And right now the entire crypto market is just over a trillion US dollars.
So based on this, I can fully accept LINK rising 5 times in this bull market.
I have no reason not to hold it. I believe that everyone in the crypto space, especially friends who play DeFi, should seriously study this project.
When buying coins, the most important point is — is it useful? Whether for short-term or long-term use, 'usefulness' is the core logic that determines whether the coin price can rise.
Even for a short-term air coin driven by emotions, like blockchain games, if it really has utility in the short term, it has a chance to skyrocket.
Only with this kind of 'certainty' can the coin price take off rapidly.
But a purely emotion-driven coin with no real utility relies solely on luck and market cycles.
And 'luck' is the thing we have the least control over.
Today's password: ETHFI
Bitcoin continuously sets new highs, surging all the way; Ethereum ETH will definitely follow up with a rise, and the tokens in the ETH ecosystem will also rise. This ETHFI has a particularly high trading volume at the bottom, so I decided to focus on it.
I am very confident that even if Bitcoin is at a high position of $170,000 to $200,000, and Ethereum breaks through the $6,000 mark, any correction now is an excellent buying opportunity.
The operational mindset is simple: buy on the dip and sell in batches when it rises. Never wait until the main force starts to dump before you panic and sell; by then, it's too late. If it dips a bit, you might think it's a small adjustment, and it will rise again; if it dips a bit more, you might think the main force is washing the plate. But when a big red line comes crashing down, you will slowly comfort yourself, thinking you can't sell, since you haven't made much profit anyway.
