01
Cryptocurrency News Interpretation
At ACDE #165, Ethereum developers discussed: Impact analysis of EIP-6466 and 6406: Progress on Cancun/Deneb testing work: Inclusion of builder override flags to the engine API: and The inclusion of two ring buffers in the EIP-4788 specification.
EIP-6466 and EIP-6406 are code changes that update the encoding of data in the two block header fields transactionsroot and receiptsroot from RLP to SSZ.
In addition, EIP-4788 introduces a new precompile, a cost-effective smart contract operation that will expose information about CL on EL to prevent excessive use of storage space through code changes. This feature will unlock many use cases for decentralized applications, such as staking pools and re-staking protocols, which will benefit from trust-minimized access to CL states. Alex Stokes, a researcher at the Ethereum Foundation, said that the modification will be merged into the final EIP-4788 specification for implementation as soon as possible in Cancun. According to relevant news, the Cancun upgrade has been postponed to the fourth quarter, which is mainly beneficial to the second layer. The trend of the second layer token in the second half of the year should be paid close attention to!
02
Cryptocurrency Trading Tips
Mental training
In the investment market, success rate is always a topic that cannot be ignored, especially in contract trading. For example, if you win 7 out of 10 bets, but lose 3 times more than you win 7 times, you have a 70% success rate. But what is the use of such a high success rate? Sometimes, even if 5 out of 10 trades are wrong, but you stop loss and take profit reasonably, the result is profitable. Which one do you want?
Therefore, the success rate is a false proposition. The charm of contract trading is to make a small investment for a big return. With a stop loss of four or five hundred points, you can get a profit of three or four hundred points. It is a joke to want to make money in the trading market with this success rate.
The more you pursue success rate, the more you lose profit rate, and the more you pursue profit rate, the lower your success rate. The profit of gambling in the market is not the number of times you are right, but how to increase the stakes when you are right and make the right run, and how to stop the error from spreading when you are wrong. The financial market is never about old people making money from newcomers, but about wise people making money from fools!
03
Cryptocurrency market analysis
I haven't updated for a few days, so I'll update briefly today. There's no point in trading recently because there's no market. Everyone is waiting for ETFs to pass, and today's second spring. All trends have form and gifts, and news is just a form of stimulation.
In the 30-minute trend, the trend since 24781 is making a larger-scale incremental adjustment. In the Chaos Theory, we understand that a+A+b is rising and the end point of b is higher than A. Therefore, if the upward trend is a foregone conclusion, it will definitely break through 31557 in the future, forming a daily and weekly adjustment, and the center of gravity must move up.
In terms of operation, do short-term trading around the central upgrade, make small profits or big profits, don’t be greedy!