During the Bitcoin adjustment in the past two days, the local dogs in the Salana ecosystem have made another unstoppable charge. MANEKI, which was launched the day before yesterday, soared 210 times in one day. The price of the coin took off when most of us hadn't even heard of it, indirectly driving the early top meme series of the Solana ecosystem such as bome and slerf.
On the first day of its launch, mankei’s trading volume exceeded 200 million US dollars. After a brief adjustment yesterday, the price reached a new high. It was a trading concept narrative and the image of a lucky cat. It went viral without pre-sales and the team had no share. It perfectly inherited the consistent style of the meme concept and once again emphasized the concept of making money is justice in the cryptocurrency circle.
After fermenting for so long, the CZ case is finally coming to an end. The US prosecutor's office recommended a sentence of 36 months, far exceeding previous similar cases. If CZ is finally sentenced according to this data, it will be speechless. The cumulative fine settlement of 7.2 billion yuan was directly torn up unilaterally on the table. If he had known this would happen, he would have fought to the end.
However, this also indirectly shows the determination of the United States to regulate the crypto market. All financial sectors in the world must be under the regulatory framework of the Federal Reserve, without exception for the time being. However, Sanshu still believes that the final judgment will not follow this data, and it is expected to be around 18 months. The means are all for the service of the US dollar, and I believe CZ also understands this.
The more optimistic thing is that the BNB Foundation took decisive action to strongly protect the BNB market as soon as the news came out. Some partners including Uncle San who were worried that BNB would fall in the short term were relieved. In the BN big investor group, everyone's expectations were seen, and they would buy back if they dared to fall. Binance has gradually demonstrated its determination on the road to de-CZization. I believe that after perfectly overcoming this crisis, Binance will go further and further.
It has been four days since the Bitcoin halving, and the market has not improved much. The performance of Bitcoin prices within one year after the three Bitcoin halvings in history was different. The first halving increased by 76 times within a year, the second halving increased by 2.9 times within a year, and the third halving increased by 2.6 times. This time, Uncle San conservatively predicts that if the price doubles again from the current level, it is still the relative bottom of the bull market.
As of today, the total inflow of Bitcoin ETF is 536,000 Bitcoin, and the outflow of Grayscale GBTC is 316,000 Bitcoin, with a total net inflow of 219,600 Bitcoin. The inflow of short-term ETF products has slowed down significantly. Affected by the rise in US bond yields and the strengthening of the US dollar, it is expected that the weak market of Bitcoin and US stocks will continue for a period of time, indirectly affecting the short-term long weakness of Bitcoin.
On-chain data, Sanshu has noticed the changes in the chips of some big players, such as Sun Ge's continuous purchase of ETH, and the step-by-step shipment of some big bitcoin dealers. So regarding the short-term market, Sanshu believes that bitcoin still has the risk of continuing to decline, while the cottage is just the opposite. The early bubble removal is nearing the end, and the adjustment in the future market no longer has much short-selling power. The overall cycle of the market gradually transitions from the beginning of the bull market to the middle of the bull market. After the necessary rest, the market will start again and will be dazzling again.
Binance has launched the 53rd project of new coin mining. Everyone can seize the opportunity to earn both profits and losses. Bitget's BGB and Huobi's HTX staking also have the same opportunity. The essence of new coin mining is the same. The original listing fee of the project party is used to reward the participants of the platform coin, promoting the positive cycle of the platform coin ecology. Sanshu is involved in BNB and HTX staking, of which BNB is the largest. The double staking logic of HTX is still being verified. At present, it has achieved good results. Everyone can also pay attention to it and participate appropriately.
Last week, some of the partners who bought the bottom sold some of their stocks in batches after getting the results, leaving some free chips. The market after the halving will not start so quickly. It is relatively appropriate to do the swing trading for nearly two months. It is expected that there will be a long period of ups and downs. The general trend is still the same. If you wait for a new low, you will miss this bull market completely. The spring breeze of value investment has slowly blown, and those who speculate should seize the moment.
There is no absolute right or wrong in trading in the market. If you enter at the right point and exit at any point after the result is obtained, it is right. Trading does not rely on a few candlesticks or a few news to accurately judge the market. If so, everyone would be a master. Improving your understanding is the key and the magic weapon for victory.
BTC: After a few days of slow growth, the price of Bitcoin has shown a trend of weak bulls. The strong pressure of 67,000 points is very obvious. From a technical perspective, it is expected that there will be a need to continue to fluctuate in a narrow range in the short term. The current bottom support is around 64,000 points, and the pressure level is 67,000 points. It is expected that the market will decline briefly in the next two days and start to recover on a large scale next week.
ETH: Ether has been replenished at 3200 points, and its current short-term strength is greater than that of Bitcoin. May is more important for Ethereum, and the policy is at a more intense debate point. The more intense the speculation of the sector is at this time, the more it can show its unexpected rebound, so after stagflation, it is more optimistic about its market in May.
In terms of copycat, pay attention to meme and blockchain game concepts. The performance of Solana ecosystem has been very impressive recently. In the short term, you can pay attention to both bome and meme. It is expected that the linkage sector will continue to pull up. BNX in the blockchain game sector has pulled up strongly and then rested during the day. The ygg in the same series is currently around 1.0 points, which can be expected to be more than 30%.
Finally, stay away from leverage and stock up on spot goods! #新币挖矿 #大盘走势 #比特币减半 $BTC
