波段王-图灵

一份SEC文件，让SharpLink股价在盘后暴跌超70%。
SharpLink Gaming，被市场捧为「以太坊版微策略」的明星小盘股，原本正踩在 ETH 国库叙事的风口上，一份 SEC 文件，却让其股价在盘后暴跌近 70%。热捧变质疑，信仰跳水为恐慌。本文将拆解这场突如其来的「信任危机」，并讨论其背后隐藏的图景。
暴跌背后的市场误读
5 月底，SharpLink Gaming 完成 4.25 亿美元的公开公司私募融资（PIPE），投资者包括 ConsenSys、Galaxy 和 Pantera Capital 等一众重仓以太坊的老牌机构，资金用于收购 ETH 作为储备资产。这一操作让 SharpLink 股价最高飙升至 124 美元，较融资消息公布前上涨逾 40 倍。
而昨日，SharpLink Gaming 向美国 SEC 提交了 S-3ASR 注册声明文件，授权最多转售 58,699,760 股 PIPE 融资相关股份。这意味着超过 100 位 PIPE 投资者可择机出售其持股。一时间，市场误读为「PIPE 投资者已开始申请出货」，恐慌情绪迅速蔓延。
SharpLink 盘后股价一度跌至 8.75 美元，跌幅高达 73%，后小幅反弹至 10 美元区间。
随后，SharpLink 董事会主席、Consensys CEO Joseph Lubin 发声澄清：这份文件只是 PIPE 后的常规注册流程，作用是「为潜在转售预先登记股份」，并不代表任何实际卖出。他强调：「文件中『发行后持股数量』是假设性数据，Consensys 和我本人并未出售任何股份。」
虽然此次风波暂告平息，但市场对 SharpLink 的动向依然充满猜测。BTCS Inc 首席执行官 Charles Allen 表示：「根据我的经验，鉴于部分参与交易投资者的背景，他们确实可能正在悄然抛售。此外，『预融资认股权证』（prefunded warrants）实际上是一种规避持仓披露和避免成为关联方的安排。」
他进一步指出，SharpLink 自 5 月 30 日获得 WKSI 资格后，立刻提交了 10 亿美元的 ATM 计划（按市价发行股票），他们可能已通过持续交易悄悄完成融资，且无须即时披露。如若运作顺利，明天有可能就发布斥资 10 亿美元购入 ETH 的公告，然后再次点燃市场热情。
SBET 目前溢价 100%？
SharpLink（SBET）目前的股价表现及溢价情况，也透露出投资者对其未来走势的复杂预期。据前沿科技投资人郑迪分析，SBET 目前的溢价约为 100%。
根据提交给 SEC 的文件，公司全面摊薄后的总股本为 77,526,682 股，结合盘后约 10 美元的股价计算，公司总市值约为 8 亿美元。此次注册的股份数量为 75,319,345 股（假设顾问及投行的认股权证已全部转股认购），加上原始股本 69 万股，郑迪由此推断，先前价值 10 亿美元的 ATM（按市价发行股票）实际仅执行了约 1,517,337 股，说明 ATM 绝大部分额度可能尚未动用，未来仍存在摊薄风险。
其表示，此次 PIPE 融资总额为 4.25 亿美元，考虑到 Consensys 作为公司以太坊战略顾问，且有消息称 Consensys 相关地址已购入约 3 亿美元 ETH，有理由相信，大部分甚至全部融资资金已用于购入 ETH。鉴于 ETH 近期价格波动有限，公司现有 ETH 持仓市值应维持在约 4 亿美元水平。
因此，综合以上因素，郑迪推测 SBET 目前的市场溢价约为 100%。SBET 的溢价在一定程度上反映了市场对其资产价值的认可，特别是其以太坊储备的潜在价值。但溢价过高也带来了市场风险，未来随着更多 ATM（按市价发行股票）额度的释放和潜在股本摊薄，股价波动或将加剧。
SharpLink 的这场大戏仍在上演。如果如郑迪所分析，未来仍有股本摊薄的空间，那么短期内或将带来波动压力；而若如 Charles Allen 所言，购入 10 亿美元 ETH 的消息或在近期披露，则可能再次点燃市场情绪，推高股价。这种「不透明」与「可能性」叠加，让 SharpLink 既充满争议，也充满想象空间。真正的高潮，或许还在前方。#卡尔达诺稳定币提案 #以色列伊朗冲突 $BTC $ETH

Shiba Inu coin is currently under bear market pressure, as Bitcoin, Ethereum, and most cryptocurrencies dropped on June 13 due to the conflict between Israel and Iran. Shiba Inu coin once lost 12% of its value, slightly recovering to $0.00001182 by the evening. As bear market sentiment in the crypto market intensifies, the trading volume from sellers reached $343 million. However, addresses holding over $100,000 worth of Shiba Inu coin, as well as Binance traders, still maintain an optimistic sentiment towards this meme coin.
Shiba Inu coin hit a two-month low
In the past 24 hours, the price of Shiba Inu coin dropped from $0.0000128 to a low of $0.0000114, marking the lowest trading level in nearly two months. Market sentiment further led to the collapse of this top meme coin's price, as the crypto market continues to sell off such high-risk assets. When supply from sellers increases and demand decreases, the likelihood of further declines grows. Despite a surge in the coin burning rate for Shiba Inu, its price still faces a 35% risk of decline as it has fallen below the 50-day moving average. This breakdown of the short-term moving average indicates that a bear market is taking control.

In the past, the main ways to obtain new coins on Binance were staking BNB, FDUSD, and other tokens for mining, long-term BNB holder benefits, and locking BNB while completing tasks. However, with the expansion of Binance Web3 wallet services, Binance Alpha points have become a new important channel for obtaining airdrops. Since the first points project, Binance Alpha has airdropped 44 projects relying on the points mechanism, recently announcing MEET48 as the 45th project to join the Binance Alpha points airdrop family.
After Bitcoin reached a historical high of $110,000, the performance of new coins on Binance Alpha has attracted attention from yield farmers, and their trends can provide some reference for assessing market narrative preferences.

Brothers, after seeing too many tragedies of liquidation and frozen accounts, I really can't sit still. Many of my students are small investors who have crawled back from zero. Relying on these 8 iron rules, they now consistently cash out every month. Every word is bloody, every sentence strikes to the heart:
1. Small funds shouldn't dream: catching 1 wave a day is enough to survive!
* Principal @ 100K? Doubling in one day is poison! Operate more than 3 times? The mindset will definitely explode!
* Life-and-death line: Never go all-in! At most 50%, leave enough bullets to guard against spikes. **
Real case: During that ETH waterfall, I shorted with a 5% position, 30 times in 3 hours! Not a god, but a rhythm! *
2. Favorable news landing = scythe starts cutting!

According to (The Wall Street Journal), U.S. retail giant Walmart and e-commerce platform Amazon are evaluating the issuance of their own dollar stablecoin to reduce friction in the payment process, speed up settlement, and reduce reliance on traditional financial clearing systems, thereby significantly lowering transaction costs.
Retail giants are also eyeing this big business.
The plans of these two commercial giants reflect that global enterprises are gradually stepping into the field of crypto finance. Recently, more and more companies are exploring the feasibility of issuing stablecoins in the U.S., but whether this can be realized still depends on the federal government's final direction on stablecoin regulatory policies.

We come to the cryptocurrency circle to trade cryptocurrencies with the goal of making money.
Many new friends think every day about making money and care about which coins are worth buying, but do not understand the investment logic behind it. This article discusses the logic of cryptocurrency trading.
Criteria for judging the quality of cryptocurrency trading methods
The core is whether money can be made; this is also the main goal of trading cryptocurrencies. The higher the yield, the higher the success rate, the larger the accommodating scale, and the better if the drawdown rate is lower.
The yield is easy to understand, it is the return rate. The success rate and drawdown rate refer to the fact that making money cannot purely rely on luck; if it’s just good luck this time, it might not be next time, and if a failure results in significant loss, then this 'profit-loss ratio' is extremely poor, which is a bad method for trading cryptocurrencies.

What is grid trading?
A grid is a type of quantitative trading strategy. Moreover, it is a simple and relatively mechanical one.
It defines a price range, setting a batch of buy prices and a batch of sell prices. Like a fishing net, whatever it catches counts.
Specific gameplay of grid trading strategy
Parameters of grid trading
Binance's grid trading feature
1. Lowest price and highest price: This means your grid range.
2. Number of grids: This means how many price points you want to set within this range.
5 trades mean a total of 5 buy and sell transactions; 100 trades mean a total of 10 transactions. More transactions mean smaller single transactions; fewer transactions mean larger single transactions.

On June 13, sirens sounded throughout Israel as it launched a preemptive strike against Iran. Israeli Defense Minister Katz announced a nationwide state of emergency, stating that after Israel's attack on Iran, missile and drone strikes against Israel and its civilians were expected in the near future.
After the outbreak of the conflict, Bitcoin briefly fell below 102,000 dollars, with a 24-hour drop of 5%; Ethereum briefly fell below 2,500 dollars, with a 24-hour drop of 9%.
According to Coinglass data, after the Israeli attack on Iran, there was a liquidation of 1 billion dollars across the network in the past 12 hours, of which long positions accounted for 937 million dollars and short positions accounted for 67.71 million dollars.

The outlook for the crypto market in the second half of 2025 is positive, primarily driven by better-than-expected economic growth, corporate crypto adoption, and regulatory clarity.
Summary of key points:
· The trend of companies financing the purchase of crypto assets with leverage may trigger systemic risks in the medium to long term, such as forced selling or motivation-driven selling, but we believe short-term risks are still controllable.
· The regulatory environment in the U.S. is undergoing positive changes, stablecoin legislation is advancing, and discussions are ongoing regarding the crypto market structure bill.
Our constructive outlook for the crypto market in the second half of 2025 is based on several core factors: a more optimistic U.S. economic growth outlook, the Federal Reserve potentially lowering interest rates, increased corporate adoption of cryptocurrencies, and clearer U.S. regulations.