Sister San didn't manage the Binance Square much before, and as a result, her explanation videos on other platforms were taken to the square by someone 😡 A big man, openly stealing, which is a bit embarrassing 😓 He took Sister San's videos as his own and even changed the voice 😢 Outrageous 🤧
What consequences would arise if the Strait of Hormuz were to close?
🌍 1. The Strait of Hormuz is the lifeline of global oil supply — The Strait of Hormuz is the most important oil transportation route in the world. About 1/5 of the world's crude oil (15 million barrels per day) passes through here every day.
Almost all crude oil exports from Saudi Arabia, the UAE, Iraq, Kuwait, and Qatar must pass through it. ⚠️ 2. If Iran closes the Strait (or harasses oil tankers):Crude oil prices will surge in the short term.Market expectations of limited supply will drive prices up sharply (possibly heading towards $100 or higher).Shipping and insurance costs will soar significantly.Increased risk for ships → Freight + war insurance premiums rise → Chain reaction in prices.
Bitcoin Falls Below $100,000, Is the Rebound an Illusion? My Judgments 1. Short-Term Trend: False Breakdown May Reoccur Bitcoin briefly fell below $100,000 early in the morning but quickly rebounded, resembling this year's January 'false breakdown.' However, the current market sentiment and fundamentals are vastly different now, so we should cautiously view the rebound in the short term. 2. Medium to Long-Term Expectation: Mostly Bearish The current macro environment is weakening, and the likelihood of breaking through the early year's high is low. The author remains mostly bearish in the long term while being optimistic about attempting short positions near $103,000; if it rebounds to $106,000, it will also be an opportunity to short. 3. Altcoins Weaker: Spot Prices Plummeting Small coins are performing worse, with PEPE dropping to 0.08 and SUI nearly halving. It reminds investors that escaping high positions earlier was key; otherwise, leveraged users face significant losses. 4. Bottom Prediction: May Appear in July-August Currently, it is still a downward consolidation period, and the true bottom requires time to be confirmed. It is advisable to rationally accumulate at the bottom and gradually allocate positions.
Musk and Trump break apart, Tesla's market value evaporates by nearly $200 billion, and is the crypto market also going down?
On June 5, local time, a game that should have been played in the shadows was laid bare on the X platform by both Musk and Trump. From 'ungrateful' to 'crazy,' this verbal battle not only shattered the alliance fantasy in the tech circle but also quickly spread to the nerve endings of the capital market. 1. Where does the gunpowder smell come from?
The tax reform bill previously passed by the House became the flashpoint, with Musk directly calling it a 'deficit bomb' and angrily criticizing its unfriendly terms towards electric vehicles and photovoltaics—having once benefited from renewable energy subsidies, he has now become an opponent. The Trump camp accused Musk of 'biting the hand that fed him' and emphasized that he never expected his electoral support.
The more Trump talks, the less likely Powell is to cut rates.
Many people are concerned about why the Federal Reserve has not lowered interest rates yet. Inflation is clearly easing, and economic data is weakening, yet rates remain high. One key reason, which you might not expect: Trump is too 'talkative'. As the saying goes, a person's biggest enemy is themselves. And Trump's words are the biggest obstacle for the Federal Reserve. Looking back at this time, Trump has frequently attacked Federal Reserve Chairman Powell with exaggerated rhetoric, calling him 'weak' and 'stupid' and even hinting at wanting to 'fire him'. This has not happened just once or twice, but has been almost a long-term pressure. So, why can't the Federal Reserve cut rates? It's simple: the timing is wrong, the motives are impure, and it would trigger a crisis of trust.
ETH price remains stable around $1,800, with short-term momentum starting to recover. Currently, the price is consolidating between $1,800 and $1,850. If it can stabilize effectively, it is expected to challenge the $2,000 level further, and even target the technical goal of $2,250. However, the medium-term trend remains bearish until it breaks through $2,104.
On-chain data shows a clear divergence in the behavior of large holders. On April 29, a whale address bought nearly 15,000 ETH in a short period, and then quickly sold some of its holdings, indicating that market sentiment is still fluctuating. However, from a longer-term perspective, the number of wallets holding between 1,000 and 10,000 ETH continues to rise, increasing from 5,432 on the 15th to 5,460, setting a new high since August 2023, reflecting that large holders are steadily accumulating.
At the same time, ETH is accelerating its outflow from exchanges. This is partly due to a large number of tokens flowing into long-term holding addresses, and partly due to the continuous inflow of funds into ETH spot ETFs. On May 1 alone, Fidelity's ETH ETF recorded a net inflow of $5.8 million. This not only reflects the bullish expectations of institutional funds but also quietly reduces the selling pressure in the market.
The Changelly platform expects ETH prices to fluctuate between $1,586 and $2,696 in May, with an average price expected around $2,140. Beyond the technical fundamentals, it is worth noting the upcoming Pectra upgrade for Ethereum on May 7. This upgrade will further optimize Layer 2 data processing efficiency, potentially reducing gas fees while increasing network throughput, providing more real value support for ETH. In summary, although the current Ethereum price is at a relatively low level, the three factors of on-chain behavior, ETF inflows, and network upgrades are gradually constructing a mid-term upward structure. If it can break through key resistance in the short term, ETH may restart a new round of market trends. Whether to choose to lay out at this time depends on your confidence judgment regarding the technical and financial aspects.
If BTC breaks through the 98,000 USD mark this time, it will march towards 102,000. Currently, the BTC balance in exchange wallets continues to decrease; the amount of stablecoins continues to increase. If nothing unexpected happens, the charge upwards has likely been sounded! Please cherish the big pie below 190,000 USD! From a technical perspective, the trend has also turned positive, with all moving averages now beneath our feet! Just closed a position, now opening a new one! Let's get rich together in this bull market!
ETH is currently fluctuating around $1,800. Technical analysis shows that ETH is consolidating between $1,800 and $1,850, with short-term momentum turning positive, but the medium-term trend remains bearish until a breakout above $2,104.  • Short-term forecast: If ETH can hold above $1,800, it may challenge the resistance level at $2,000, with a further target of $2,250.
From a technical perspective, SOL has been on a three-line multi-row for about ten days. Yesterday, it broke below the 5-day and 10-day lines, ultimately finding support at the quarterly line. Today, it has risen by 4.5%. If it can effectively stabilize above 146, it will advance to 154. It is showing an upward 📈 trend. On the fundamental side, according to Cointelegraph, Bloomberg Intelligence has raised the probability of Solana ETF being approved in 2025 to 90%. The approval probabilities for other altcoin ETFs, such as XRP and Dogecoin, have also been increased. As of April 30, six asset management companies, including Grayscale, VanEck, and 21Shares, are waiting for the U.S. Securities and Exchange Commission (SEC) to approve the Solana ETF. The ETFs for XRP and DOGE are also awaiting approval. Since taking office in January, U.S. President Donald Trump has been working to ease the SEC's regulatory stance on cryptocurrencies. The Chicago Mercantile Exchange has listed Solana futures contracts, indicating that the approval of the Solana ETF may be imminent. Therefore, SOL should have an exciting performance coming up!
The balance of Bitcoin on exchanges continues to decline, indicating that investors are more inclined to transfer assets to self-custody wallets. This phenomenon is generally seen as a bullish signal, reflecting an increased willingness among investors to hold Bitcoin for the long term.
Additionally, the number of wallet addresses holding large amounts of Bitcoin has increased, showing heightened activity among large investors. These trends may drive prices up in a supply-constrained environment.
With strong on-chain data and institutional participation supporting it, Bitcoin's price could reach a range of $102,000 to $140,000 by mid-2025. Some optimistic forecasts even suggest that the price could break through $180,000, especially with the push of national-level adoption.
However, technical analysis also indicates that if Bitcoin's price falls below the critical support level of $92,000, a 'head and shoulders' pattern may form, leading to a price correction to the range of $80,000 to $70,000.
Let’s settle part of it first. Although ETH has broken through the oscillation area, it is still suppressed by the quarterly line above, so we still need to observe the direction.
Yesterday, market sentiment was relatively optimistic, but a large amount of BTC moving to exchanges may signal short-term cashing out. The continuous upgrades of the ETH ecosystem are fueling potential bull markets, suggesting to keep tracking EigenLayer and L2 scaling direction. Meme coins are showing signs of high-level consolidation in the short term; caution is advised when chasing prices.
US CPI Released, What Impact Will It Have on the Market?
Just now, the market exploded! After the US released CPI data last night, Bitcoin briefly broke 83K, and investor sentiment suddenly warmed up— but are whales quietly offloading? From the data, this surge appears to be more news-driven rather than a structural rebound. The slowdown in on-chain capital inflows indicates an increased risk of chasing highs in the short term; will there be a correction next? Share your thoughts in the comments, and I will select 3 friends to send exclusive cryptocurrency research notes!