阿正

#知行合一挑战
Looking back at my previous transactions and cryptocurrency analysis, I found that my judgments on certain cryptocurrencies were accurate. I believe many people have this feeling: I am very optimistic or pessimistic about a certain cryptocurrency, and my initial judgment is correct. However, due to other subjective or objective reasons, such as news, market fluctuations, breaking news, etc., I often overturn my previous views or trading strategies.

This is human nature, and it's hard to avoid. Most people are changeable or indecisive. We are all ordinary people; those who can truly set clear goals, execute fully, and remain steadfast are rare, one in ten thousand.

But often, those who realize the unity of knowledge and action ultimately succeed. I want to become such a person.

Set a challenge for myself to achieve the unity of knowledge and action and establish my trading rules, tentatively as follows:
1. Strictly set take-profit and stop-loss levels, determine the risk-reward ratio;
2. Don't listen to others' random analyses, have your own judgment, and be responsible for your decisions;
3. Regularly review data; investing is not the same as gambling, don't get carried away;
4. If I have three consecutive losing trades, immediately stop and calm down;
5. Don't expect to get rich quick; with rises come falls;
6. After completing one trade, don't immediately take the next trade; learn to wait for opportunities while in cash;
7. Do not engage in high-leverage short-term contracts;
8. When I notice my thinking is rigid, take a break, clear my mind, and restart;
9. Separate accounts by sectors; they shouldn't be interconnected; don't add margin to contracts leading to a loss;
10. The spot position cannot be less than the contract position;
11. Don't trade low-volume small cryptocurrencies or altcoin contracts; it's no different from giving away money.

As a representative of high-performance public chains, Solana (SOL) has rapidly risen in the past year, becoming an important infrastructure for DeFi, NFTs, and on-chain gaming. With extremely high transaction speeds and low costs, Solana is attracting more and more developers and users, gradually building its own ecological moat. Despite facing doubts due to network outages, the team continues to push upgrades, demonstrating strong resilience. Recently, the calls for a spot SOL ETF have also heated up market enthusiasm. Will SOL become the next focus for 'institutional entry'? What do you think about the future of this 'people's high-speed public chain'?

SEC Delays Approval of Multiple Spot Crypto ETFs, Market Sentiment Under Test
The U.S. Securities and Exchange Commission (SEC) has recently postponed its approval decisions for several spot cryptocurrency ETFs, including the XRP spot ETF application submitted by Franklin Templeton, with a new review deadline of June 17, 2025. Additionally, spot ETF applications submitted by institutions such as Grayscale, Canary Capital, and VanEck for Solana, Dogecoin, and Cardano have also experienced delays.
Despite the market's optimistic outlook regarding the approval of these ETFs, the SEC's cautious stance and complex approval process remain significant obstacles. Analysts indicate that these delays may be procedural and do not necessarily imply that final rejections are forthcoming. However, the frequent postponements have impacted market sentiment, with XRP's price dropping by 2.43% following the announcement of the delay.
Investors should pay attention to regulatory dynamics and market developments, carefully assessing investment risks.

#特朗普就职百日 President Trump has returned to the White House for a hundred days, and this phase of governance has once again attracted global attention. From promoting tax cuts and re-emphasizing energy independence, to a tough stance on immigration, trade, and foreign policy, Trump has continued his consistent "America First" approach. Supporters believe he has acted swiftly in revitalizing the economy and safeguarding national interests; while opponents criticize his policies as polarizing and creating tension in both domestic and foreign relations. A hundred days is just the beginning, but the direction is already apparent. Will the Trump 2.0 era of 2025 be a turning point for revival, or a continuation of conflict?

As of April 29, 2025, the price of Bitcoin has approached $95,000, showing a strong upward trend. Analysts predict that by the second quarter of 2025, Bitcoin may reach a new high of $120,000, and could even reach $200,000 by the end of the year. This expectation is driven by various factors, including economic uncertainty, declining investor confidence in traditional assets, and ongoing interest from institutional investors. Additionally, recent policies from U.S. President Trump have positively impacted the Bitcoin market. Although the Swiss Central Bank remains cautious about including Bitcoin in its reserve assets, global attention and investment enthusiasm for Bitcoin are still continuing to rise.

Abu Dhabi is quietly laying out a stablecoin ecosystem, trying to carve out a place in the global digital financial landscape. Relying on the UAE's flexible regulatory framework and abundant sovereign wealth reserves, Abu Dhabi is promoting a fiat-backed stablecoin program, which has attracted numerous Web3 companies and sent a clear signal: the Middle East is no longer just a resource-exporting region, but a testing ground for global crypto finance. The launch of stablecoins is expected to enhance the efficiency of cross-border payments, clearing and settlement, and international trade, while also providing more possibilities for the Middle East amid the trend of de-dollarization. Will Abu Dhabi's move lead to the next stablecoin boom?

#亚利桑那比特币储备 Recently, a proposal was put forward in Arizona, USA, to include Bitcoin in the state government's reserve assets, sparking heated discussions in the market. If the proposal is passed, Arizona will become the first state in the US to officially hold cryptocurrencies. This not only represents a gradual recognition of crypto assets by local governments but may also grant Bitcoin more legitimacy and practical uses. Against the backdrop of high inflation and frequent questioning of the dollar's credibility, more and more institutions are beginning to view Bitcoin as a 'digital safe haven.' Do you think it is wise for the government to hold BTC, or is it a high-risk gamble?

You can recommend it to friends like this:
Bitcoin, the decentralized digital currency that emerged in 2009, is now much more than just an asset; it represents a challenge and innovation to the traditional financial system. With a limited supply (capped at 21 million), trustless blockchain technology, and global liquidity, Bitcoin is regarded as "digital gold." After enduring countless fluctuations and controversies, it still stands firmly at the center stage of the financial world. Some view it as a safe-haven asset, while others criticize its extreme volatility and massive energy consumption. In the future, will Bitcoin continue to rise, or will it be replaced by new technologies? What do you think? $BTC

When mentioning the tax reform during Trump's era, many people's first reaction is 'tax cuts.' Indeed, the Tax Cuts and Jobs Act signed in 2017 significantly reduced the corporate tax rate from 35% to 21%, and is referred to as one of the largest tax adjustments in the U.S. in decades. This tax reform was intended to stimulate business investment, promote employment, and drive economic growth. However, it has also sparked considerable controversy, such as rising national debt and limited long-term benefits for the middle class and low-income groups. Supporters argue that the tax reform has made American businesses more competitive, while opponents worry it exacerbates the wealth gap. What do you think? Is tax reform a booster for the economy, or the beginning of potential risks? 🇺🇸

I didn't expect to learn so much in the cryptocurrency space, involving knowledge from various industries 😂

Today's financial terminology study:

QT (Quantitative Tightening)
refers to a series of actions taken by **central banks (like the Federal Reserve)** to reduce the amount of money in the market, such as:
not buying bonds anymore (stopping the QE 'money printing' behavior)
letting the bonds they hold mature naturally without reinvesting
sometimes even directly selling bonds

As a result, liquidity (money) in the market decreases, loans become more expensive, and investments become more cautious, thereby achieving the goal of curbing inflation and cooling down the economy.
You can understand it as:
QE (Quantitative Easing) = Central bank dispersing money
QT (Quantitative Tightening) = Central bank collecting money

📌 Common effects of QT
The stock market, real estate market, and cryptocurrency market tend to become tighter (because money is tight)
Corporate financing becomes difficult, and economic growth slows down
High-risk asset prices are prone to decline $BTC
$ETH $SOL

Ethereum (ETH) is not just a cryptocurrency asset; it is the world's largest smart contract platform, supporting thousands of decentralized applications. Whether it's DeFi, NFTs, or Layer 2 scaling solutions, Ethereum is always at the forefront of innovation. With the completion of the 'Merge' and a significant reduction in energy consumption, it will continue to optimize performance and scalability in the future. ETH is not only the 'fuel' for network operations but also the core asset of the entire ecosystem. For investors who are optimistic about the long-term development of blockchain, ETH is worth long-term attention and holding.

#以太坊的未来 As Ethereum gradually completes its transition from PoW to PoS, Layer 2 scaling solutions are maturing. The future of Ethereum will not only be the foundational platform for smart contracts but may also become the 'new public chain operating system' for global financial infrastructure. From DeFi to NFTs, and to Web3 applications integrating AI and on-chain identities, it continues to reshape the rules of the digital world. ETH is no longer just 'gas fees', but a core value embodiment driven by the ecosystem. What do you think will happen next?

Bitcoin's market value hits a new high! The latest data shows that the total market value of BTC has surpassed $1.86 trillion, successfully ranking in the top ten of the global asset market value list, surpassing Meta and Buffett's Berkshire Hathaway, with the gap between it and traditional giants like Apple and Tesla continuously narrowing. This performance not only reflects the market's high recognition of Bitcoin's anti-inflation and safe-haven value but also indicates that crypto assets are accelerating their move towards the mainstream financial system. Currently, the global economy remains in a state of high uncertainty, and an increasing amount of capital is seeking an anchor point in 'digital gold'. Do you think BTC can continue to challenge the top five or even the top three?

With the market recovering, Bitcoin (BTC) has once again consolidated its leading position among global assets. According to the latest data, Bitcoin's total market capitalization has surpassed $1.86 trillion, firmly ranking in the top ten of global asset market values, exceeding Meta (the parent company of Facebook) and Berkshire Hathaway, and closely chasing traditional giants like Tesla and Apple. This not only reflects investors' recognition of its value storage attributes but also signifies that crypto assets are gradually moving into the mainstream spotlight. The current macroeconomic uncertainties combined with a crisis of trust in the traditional currency system make Bitcoin increasingly resemble the best representative of 'digital gold.' Do you think it will continue to rise?

At an upcoming private dinner that has garnered significant attention, Donald Trump is expected to make statements that will spark heated discussions, becoming the focal point of market interest. This dinner is viewed as an important sentiment catalyst for the TRUMP meme coin, with some opinions suggesting it resembles a 'pump and dump' scheme. Based on his stance on economic trends, regulatory easing, and support for cryptocurrencies, Trump continues to send positive signals, further uniting certain Web3 opinion leaders and loyal supporters. How do you perceive the intentions and market impact behind this 'dinner meeting'? $TRUMP

What kind of attention-grabbing speech will Donald Trump deliver at the highly anticipated private dinner on #TRUMP晚宴 ? This dinner is seen as a positive boost for his TRUMP meme, and there is a widespread belief that it is an event launched to drive up sales. From his attitude towards the economy and cryptocurrency, Trump has released multiple signals, further attracting some crypto leaders and many supporters. What do you think about the signals behind Trump's 'dinner party'?

#Metaplanet增持比特币 Japanese listed company Metaplanet recently announced an increase in its Bitcoin holdings, attracting strong market attention. This marks its multiple acquisitions of BTC this year, with the total value of its holdings exceeding several million dollars, making it a representative of the 'Asian version of MicroStrategy.' Metaplanet stated that Bitcoin is a core asset allocation to respond to the depreciation of the yen and the global monetary uncertainty. This move not only highlights the company's long-term optimism towards BTC but also reflects that more Asian institutions are gradually embracing crypto assets. Do you think this means that Bitcoin is accelerating its transition to becoming the 'new gold' on mainstream corporate balance sheets?

As global inflation expectations rise and geopolitical instability persists, Bitcoin has once again become the focal point of discussions on safe-haven assets and portfolio allocation. Whether it is the continued entry of traditional financial institutions or the changes in production due to the halving cycle, Bitcoin is steadily moving forward in its role as 'digital gold'. Despite frequent short-term market fluctuations, an increasing number of investors believe that the long-term value of BTC lies in its scarcity, decentralized attributes, and potential to counteract the depreciation of fiat currencies. Are you still observing, or have you already participated in history? $BTC

After multiple public large purchases, Strategy once again announces an increased holding in Bitcoin, attracting widespread attention in the market. This operation not only demonstrates its firm confidence in the long-term value of BTC but is also seen as an important signal of institutional bullishness in the crypto market. Against the backdrop of an unclear macroeconomic environment, Strategy's actions undoubtedly inject a strong dose of confidence into the market. More and more traditional institutions are incorporating Bitcoin into their asset allocation, and BTC is transitioning from a 'risk asset' to 'digital gold.' What do you think of Strategy's move?

Recent frictions between China and the United States in trade, technology, security, and other areas have continued to escalate. The United States has continually escalated its suppression measures against Chinese technology companies, while China has responded by increasing independent research and development and strengthening its internal circulation. Against the backdrop of a highly interconnected global industrial chain, the tensions in bilateral relations not only affect corporate strategies but also exacerbate uncertainties in the global market. Although confrontational sentiments are difficult to alleviate in the short term, cooperation remains a rational choice for the future to avoid a 'zero-sum game.' How China and the United States seek dialogue and balance amid competition is worth our continued attention.