$ASRR has started bottom-fishing. Institutional investment valuation is 75 million USD. Now fully diluted it is only 41 million USD, Who is creating panic.
What a coincidence, the global liquidity index M2 shows that at the beginning of July, the entire cryptocurrency market will reach a local peak, followed by a significant correction of about a month. This position is quite consistent with Trump's tariff policy.
In April, a video was made to encourage everyone to buy the dip and increase their positions, and the video's value is gradually increasing. At that time, the price of Bitcoin was around $75,000.
In May, at $ETH 1600U, I urged everyone to hold their positions and continue to get on board.
Each piece of content is made with care, looking at a lot of data. So I also hope everyone will give a follow after watching.
When the traffic is not good, it can indeed be difficult to motivate oneself to make videos.
Recently, I will make a video about escaping the peak, expecting there might be a significant correction in July. The reasons will be explained in detail in the video.
Speaking of which, it's really hard to gain natural traffic for videos; sometimes the content made with a lot of effort ends up having no views.
Compared to the circulating market value of $400 million for similar project DYDX Currently, only over $9 million worth of MYX is seriously undervalued The current price is $0.1, Around $0.2, with FDV around $200 million I believe this is a reasonable valuation.
Potential positives: Binance listing futures and spot trading
BTC has liquidated 1.4 billion short positions at position 89496. Is a big one coming? How to view the contract liquidation map?
#BTC has liquidated a total of 1.4 billion short positions at position 89496. Is a big one coming? Contract liquidation map data source: coinglass
This article will tell you how to view the contract liquidation map? The impact of areas with concentrated contract liquidation positions on prices is mainly manifested in exacerbating price fluctuations and possibly causing market uncertainty.
1. The role of liquidation position concentration area
A contract liquidation position concentration area refers to a price range where a large number of long or short positions are concentrated.
When market prices hit these areas, a large number of positions may be forced to close (i.e., liquidate) due to reaching stop-loss lines or insufficient margin, triggering violent market reactions.
In the early hours of March 2, Trump posted on his social platform Truth Social, announcing that the U.S. would advance the strategic reserve of crypto assets like BTC, ETH, XRP, SOL, ADA to ensure that the U.S. becomes the world's crypto capital. Once the news broke, market sentiment was instantly ignited, with BTC and ETH rising directly by over 10%, SOL soaring by 20%, ADA skyrocketing by 80% in an hour, and XRP even momentarily pushing its FDV market cap over ETH! The entire market began to warm up, and some altcoins followed suit. Although the market faced a correction the next day, the adrenaline shot Trump gave the crypto market remains effective.
Yesterday a big shot sent me a voice message saying to defend for a wave, but I heard it as to go all out. The big shot also told me there was resistance above, and I heard it as there was strong buying above. What should I do now? #比特币暴跌 😭
In the recent market, many friends have lost a lot of money. You might need to take it slow.
If you've lost a lot of money in trading and it has made you timid, making you feel scared when you see trading or candlestick charts, it can remind you of some bad memories.
It's okay, there's only one thing you can do, and that is to take it slow. If one month isn't enough, take two months. When you find that you no longer feel anything and you’re no longer afraid to look at your money, then you can start trading again, because you have recovered.
However, during this recovery period, please do not forget to do one thing: learn. You may not trade, but don't forget to learn. This learning doesn’t mean studying for seven or eight hours a day; rather, it involves studying for 10 minutes a day, 15 minutes a day, for many years. This is much better than cramming eight to ten hours a day for two or three weeks and then being unable to take it anymore.
So please make sure to persevere, whether in trading or in learning. #交易
Can the Bybit hack survive this crisis? How can we protect the safety of our funds?
Yesterday, the cryptocurrency exchange Bybit confirmed that it was hacked. Analysts estimated that the loss was about $1.46 billion. This attack surpassed the $611 million theft of Poly Network in 2021, setting a record for the largest single theft in the history of cryptocurrency, and has aroused widespread concern among users about the security of exchanges and asset protection. Will Bybit end up bankrupt like Mt. Gox? How can we retail investors protect the security of our funds?
The inside story of Bybit hack: The story goes like this: Bybit was attacked by hackers. The hackers disguised the trading interface, tricked the Bybit team into approving the fund transfer, and finally tampered with the smart contract.