The conflict between Israel and Iran has led to a sharp drop in Bitcoin. The war has ended in the past two days, Bitcoin $BTC
Liquidity is low over the weekend, with little fluctuation. Starting next Monday, there will be significant volatility. Is it true that there will be final results from the Sino-U.S. talks? What do you think? Share your thoughts in the comments, as many hands make light work!
The two segments of the big cake's trend are very similar; predicting will be difficult. There might be another sharp drop around June 17 to 98386.14-99959.31.
Why June 17? Because this is an important turning point in Gann's time series. Those who have read my articles know! For those who haven't, make sure to take a look (I shared my predictions about reaching a peak on May 23, a secondary peak on June 2, a bottom at 100718 on June 6, another peak on June 11, and a crash on June 17! Remember to take notes!)!
The difference is that after January 13, 2025, a super positive event occurs, leading to a rebound that creates a new high.
It is very critical to reach 98386.14-99959.31, and we need to determine whether a rebound can create a new high.
This time, I cannot think of any major positive news that could lead to a rebound creating a new high. Therefore, the trend from January 13, 2025, to January 20, 2025, cannot simply be predicted.
In XXX, I have published a more detailed analysis chart of the trends! Updated several times a day to adapt to the changing market! Everyone check out XXX!
Remember to keep an eye on the green 🌍 self-media articles next Monday!
Recently, a proposal for a Cardano stablecoin came out. Combining this proposal with the Hong Kong stablecoin bill, what impact does it have on us retail investors? How is it relevant to us?
Combining the Cardano stablecoin proposal with the impact of Hong Kong's (stablecoin regulations) on retail investors, the core can be summarized in three points:
1. Participation thresholds are raised. Hong Kong's new regulations prohibit retail investors from directly trading stablecoins and can only participate indirectly through compliant tokens (like BTC/ETH) from licensed exchanges. If the Cardano stablecoin does not obtain a Hong Kong license, retail investors may not be able to hold it directly.
2. Risks and opportunities coexist.
- Risk: Hong Kong requires stablecoins to be chain-freezable, which conflicts with Cardano's anti-censorship design and may trigger delisting risks; the algorithmic stablecoin Djed faces significant liquidation pressure (requiring 400%-800% ADA collateral).
- Opportunity: You can earn yields by staking stablecoins (like USDM with an annualized rate of 5.2%) or participate in ecological growth dividends (like DeFi protocol airdrops).
3. Compliance paths are limited. Retail investors in mainland China need compliant channels like Hong Kong bank accounts to participate, increasing operational costs. However, if Cardano gets licensed to access the Hong Kong financial system (like ETF conversion), it could open new arbitrage opportunities.
Key reminder: Prioritize choosing fiat-backed stablecoins (USDM), avoid algorithmic products, and pay attention to licensing approval progress.