Emily Vuong

🔶 Guide to receiving automatic lifetime transaction fee refunds for everyone #Binance

+ Step 1: Click on the link: https://www.binance.com/join?ref=BJKE4PIA

+ Step 2:
- Choose to log in and sign in to your current account.
- After logging in, a confirmation window will appear.

+ Step 3: Select [Bind Now] to complete the process. The transaction fees will be successfully refunded.

🔶 Note, if the account has been registered under someone else's referral, the fees will not be refunded.

The image below shows the transaction fees for your registration under my link.

📍Crypto fund experiences outflow after 15 consecutive weeks of inflow: The wave of profit-taking + hawkish Fed has caused BTC to plunge

📌 After 15 weeks of relentless inflow, last week saw $223M withdrawn from crypto investment funds, despite over $880M inflow at the beginning of the week. The sudden reversal of cash flow occurred as the market reacted to the Fed's tough stance and extremely poor U.S. economic data.

📌 $BTC saw the largest net outflow with -$404M, indicating a sensitivity to interest rate expectations. Ethereum still performed well with an inflow of +$133M, extending its inflow streak to 15 consecutive weeks.

📌 The profit-taking effect is understandable as in the past 30 days, total inflow into funds has exceeded $12B - accounting for nearly half of the annual inflow. The market needs a correction before entering new variables in August.

📌 It is noteworthy that August is usually the worst month for $BTC (median -7.5%). However, if the U.S. fiscal scenario improves after Labor Day, optimistic sentiment will soon return due to expectations of interest rate cuts in September.

📍Ethereum whales are buying heavily at $ETH – a sign that "smart money" is coming back?

📌 In the past 24 hours, 2 large whale wallets have accumulated a total of 24.5K ETH (~$73 million) as ETH adjusted to around $2,900.

Both wallets had previously sold ETH right before the price drop in July, and this time they chose the right moment to buy while the market is skeptical.

📌 Notably, one of the two wallets had sold all of its held ETH on July 25 and waited exactly 7 adjustment sessions before starting to buy back, indicating that this is not a FOMO capital flow – but a strategy to catch the bottom according to the cycle.

📌 This signal reinforces the view that the $2,800–$2,900 range is a potential buying zone for long-term holders, despite short-term volatility from BTC and Fed policies.

📍What are users doing on #Binance #Alpha?

📌Even though there are more than 20 alpha tokens running campaigns at the same time, trading volume is still heavily concentrated on 3–5 tokens each day, usually those that have just appeared or have campaign updates (B3, SD, GEAR, BUZZ,…).
-> This shows a trend of fragmented trading: Users do not farm evenly but selectively choose strong narratives to reduce risk.

📌Trading mainly occurs during peak hours in Asia: The hourly volume chart shows that the two strongest trading timeframes are from 10 AM to 1 PM (Beijing time).
-> The majority of trading activity comes from users in the Asian region - where there is a strong retroactive farming culture.

📌Median volume per buy transaction is slightly decreasing, indicating that more retail users are starting to participate, breaking down trades to farm points or limit risk.
-> After the infamous rug pulls in June, users shifted to farming "just enough volume" to make it into the snapshot.

📌Overall volume tends to be sideways, but the number of transactions remains stable.
-> There is no new capital flow; retail users continue to farm points at a steady pace rather than making large bets. There may be no changes until a new incentive program from Binance.

📌Tokens that are hot will clearly push spikes in volume & transactions.
Just one token with a strong narrative or retweeted by a major influencer can immediately create a volume spike of over $10M/hour (last week it was $SD, $TRISIG, $BUZZ).
-> The alpha users who continue to farm in the current phase are extremely sensitive to the market.

=> The current trend on Binance Alpha is short-term trading, selectively choosing new tokens, breaking down orders, and maintaining a steady pace to farm points.

📍$SOL adjustment – but large holders are accumulating

📌 Solana dropped to ~$166 in the past week, but on-chain data shows that long-term holders (LTH) are still continuously accumulating.

LTH has increased by ~1 million SOL since the beginning of July – a sign that the smart money group is not panicking with this adjustment.

📌 The ratio of SOL held off exchanges is also gradually increasing, indicating that selling pressure is not coming from internal supply, but mainly due to the overall market adjustment or short-term traders withdrawing.

📌 The price of SOL is testing the technical support zone around $160–$165. If buying pressure from LTH continues, this could be a “local recovery” zone in the short term – especially as the funding rate has eased and Open Interest is more stable.

📌 The price is adjusting but the cash flow structure remains strong. This sell-off is not like a panic sell but is more of a cleansing of leverage and shaking out inexperienced traders. If BTC holds above $60K, SOL could very well bounce back soon.

$CRV Reassess the Layer-2 problem: Many chains, little profit

📌 A member of CurveDAO has just proposed to stop expanding to new L2 networks, citing high development costs but almost negligible revenue. While the Ethereum mainnet generates about ~$28K/day, the entire nearly 25 L2s combined only bring in about ~$1.5K/day – not even 6%.

📌 Curve is currently present on dozens of L2s, but 90% of TVL still lies in the mainnet. This proposal does not eliminate existing L2s, it just stops further deployments and focuses on developing scrvUSD and core products.

📌 The Curve core team has stated: this is just a personal opinion, it does not affect the current roadmap. However, the community is gradually questioning: should Curve continue to spread across many chains, or concentrate efforts in one place to create real value?

📍Pi Network: “Lock tokens to accelerate mining” and the backlash from the community

📌 A mining acceleration campaign has just been launched by Pi Network: Those who accept to lock tokens for the long term will have their mining speed boosted – potentially up to 200%. However, instead of creating a positive effect, this move has caused an explosive backlash from the community.

📌 The project team's timing is truly poor. The price of $PI has just dropped 28% over the past month, nearing an all-time low of $0.34. This August, 160M $PI will be unlocked - the largest amount ever. Locking more tokens at this moment is no different from calling on users to imprison their money while the team still hasn't delivered anything specific.

📌 Many users, despite having completed KYC and being eligible, have not yet been migrated to the mainnet, and their wallets still show pending. Meanwhile, tools like Pi App Studio or Pi Domains are almost "gathering dust", the roadmap remains vague, and no one knows when it will be listed on major exchanges like Binance or Coinbase.

📌 Looking deeper, this could be a move to “delay the crisis” – keeping users from selling off while the price is in a severe downtrend. But when the applications are still not running, the listing schedule remains a mystery, and trust in the core team is dwindling, calling for “locking tokens to receive virtual rewards” may have come too late.

📍Whales quietly accumulate $PUMP

📌 After a sharp -78% adjustment from the peak, the token $PUMP just recorded a +30% bounce in 48 hours, with clear signals from whale activity.

📌 On-chain data shows that over 5.4 billion $$PUMP have been accumulated in the wallets of top whales, indicating that a silent accumulation has been happening throughout the bottom zone.

📌 The price range of $0.00028 – $0.00032 is currently the strongest support cluster – where whales have started to heavily re-enter their positions.

📌 Meanwhile, the number of small holders (retail) continues to distribute — classic pattern: retail panic sell – whale reload.

📍@BounceBit – 90 days of acceleration: from CeDeFi to real assets

📌 USD1 launch (04/6): BounceBit's native stablecoin, used to optimize yield in CeDeFi strategies – eliminating volatility and increasing capital distribution efficiency.

📌 #BounceBit Trade (20/6): A leveraged trading platform integrated into the ecosystem – not just staking but also trading, expanding practical use cases for the native asset.

📌 xRWA staking (14/7): Tokenizing real assets like bonds & stocks – staking directly on-chain, generating real yield from real assets. Unlike wrapped assets – this is staking based on real consensus mechanism.

📌 Non-specific infrastructure (09/7): BounceBit implements a structure supporting all types of assets – crypto, stablecoin, RWA – seamless capital movement without needing bridges or auxiliary structures.

📌 Global tokenized stock (02/7): Plans to bring Apple, Tesla, Nvidia… stocks on-chain starting Q4/2025. A step towards global investment access right on the BounceBit chain.

📌 CeDeFi flywheel report (01/8): Binance Square confirms the “dual-token + LCT + RWA” strategy is paving the way for credit market, yield farming, and compliance segregation – BounceBit aims to become the main CeDeFi settlement layer.

💭 In summary: BounceBit is not following the L2 or modular path. It is laying the foundation for a full-stack CeDeFi ecosystem:
- Native yield from BTC
- Integrated RWA
- Trading, staking, and lending all revolve around a common logic system.

-> If the CeDeFi + RWA narrative continues to be repriced by the market — BB could become a “layer yield” directly competing with both Lido and Ethena.
#BounceBitPrime $BB

📍Data from Binance Research: AI Explosion – Crypto Approaches $4T

📌 The crypto market capitalization has reached $3.95T, the highest level in history. Leading this surge is Ethereum, as ETH outperforms BTC thanks to circulating cash flow and expectations around staking, ETFs, and L2. This marks the second consecutive week that ETH has led the market.

📌 Tech and AI stocks continue to hit new highs, pulling the S&P 500 up to 6,409 points. A risk-on sentiment is spreading, supporting the upward trend of crypto, particularly assets related to the AI narrative and the Ethereum ecosystem.

📌 The USD has strengthened, with the DXY index rising +2.7% over the past week, reflecting the Fed's "higher for longer" stance and instability factors from new tariff policies. Investors are beginning to hedge against import inflation risks.

📌 The market is entering a sensitive phase in early August, with many important economic data points such as NFP, GDP, and PCE set to be announced. This is typically a period of high volatility before the September FOMC meeting.

📌 Binance emphasizes that a new growth cycle for crypto is forming, driven by the AI supercycle, momentum from traditional markets, and upcoming major events (ETH ETF, token unlock, L2 launch...).

Present at GM Vietnam. Stay tuned 👌👌👌

📍US Labor Market in July: Nearing Recession Bottom, Fed Receives Clear Warning

📌 The US added only 73k jobs in July – lower than the expected 106k. Two months ago, the total was revised down by -258k, bringing the 3-month average down to 35k/month — equivalent to the recession bottom of 2019–2020.

📌 The unemployment rate rose to 4.248%, the highest since 10/2021. The labor force participation rate fell to 62.2%, the lowest in nearly 2 years.

📌 Expanded unemployment increased to 7.9%, and long-term unemployment surged to 24.9% – clearly reflecting the state of job loss + inability to find new jobs.

📌 Household surveys showed a net loss of -260k jobs, contrasting with the +73k figure from businesses → a pattern that often appears before a recession.

📌 Full-time jobs decreased by -440k, while part-time jobs increased by +247k → workers are shifting to less stable jobs to make ends meet.

🔻 No longer just "cooling down" — this is a sign of a downturn. The market has priced in a greater than 70% probability of a rate cut in September, and the Fed has little room left to delay.

📍The altcoin season still has opportunities – Small-cap stocks are confirming that

📌 Data shows altcoins are moving in sync with the US small-cap stocks group – particularly the Russell 2000 index. Both are high beta assets that often surge when risk appetite returns to the market.

📌 The Small Business Sentiment index is recovering similarly to previous upcycles (2016, 2020, 2021) – each time leading to a strong rally in both small-cap stocks and altcoins.

📌 Although altcoins recently corrected ~12% at the beginning of August, market sentiment remains at "Greed," while interest in altcoins has continuously risen since the beginning of the year.

📌 Bitcoin Dominance is decreasing, ETH is outperforming BTC, and meme & mid-cap are still vibrant – signaling that the altseason is still in its middle phase.

💭 From an intermarket perspective: If small-cap stocks continue to break out, the altcoin market cap may still have room to run. This is not a phase for profit-taking, but a time to closely follow the flow of money to pick the right wave.

📍Global M2 Chart Warning – $BTC May Reach Peak by End of Q3

📌 Global liquidity (Global M2) has decreased by 1.8% since the peak at the end of June, indicating that the liquidity peak has passed and may be entering a weakening cycle.

📌 Data from analysts shows that Bitcoin reflects M2 fluctuations with a lag of about 84–90 days. If this pattern continues to hold, BTC is likely to peak in price by the end of September or early October.

📌 The correlation level between BTC and M2 is also very stable — ~96% at a 90-day lag, and ~94–98% across other time frames, indicating a very close relationship between liquidity and Bitcoin price.

📌 Some analysts, like Colin, still warn to be cautious: M2 data may not be complete, and the next month will be crucial in determining whether this is just a secondary peak or the main peak of the cycle.

📍The market has begun in a short-term distribution phase

📌 After $BTC surpassed $120K, on-chain data shows that the third major profit-taking of the cycle is happening – with over $6–8B in profits realized just at the end of July. Notably, 80K BTC from ancient wallets have also just been transferred – worth nearly $10B.

📌 However, the price did not collapse – the market absorbed a massive selling volume smoothly. This indicates that the current market structure is much healthier than in previous cycles.

📌 ETF cash flow continues to flow strongly, long-term holders are still accumulating – creating solid support around the $110K–115K range. Technically, BTC may need a few weeks of accumulation before it can rally again.

📌 In summary:
🐳 Whales are offloading – not new, but this time the market is handling it well.
🛡️ The $110K–115K range is a strong cushion.
🔄 There is a possibility of sideways accumulation before entering the next upward phase.

💭 The story now is not “will the market crash,” but rather: who is accumulating the BTC that has just been offloaded?

📍Is Bitcoin targeting $150,000?

📌 $BTC has just confirmed the inverse head-and-shoulders and cup-and-handle patterns, reinforcing a strong breakout signal with a technical target around $144K–150K.

📌 If it holds above $130K, the upward momentum could continue with support from ETF inflows and large institutions accumulating continuously.

📌 However, the RSI is showing negative divergence on the weekly frame – a signal that previously appeared before the correction in 2021. If BTC loses the $105K–110K range, the risk of a deep correction is real.

📌 Observation levels:
🛡️ $105K–110K: crucial support.
🚀 $130K: confirms breakout if it holds.
🎯 Technical target: $144K–150K.

💭 BTC is at a decisive moment. Exceeding 130K and holding would mean 150K is not far away. But if it lacks momentum, this could be a local peak before entering a deeper correction.

📍$PENGU : Short-term surge opportunity?

📌 PENGU price increased by ~6% in 24h, with positive trading volume and market sentiment returning. The long/short ratio reached 1.06 – the highest this month, indicating bullish expectations are prevailing.

📌 A large liquidity cluster around the $0.044–0.045 range could attract price increases – this is a “liquidation magnet” that can easily trigger a short squeeze in the short term.

📌 Levels to watch:
🛡️ $0.0369: important support. If maintained, the price could retest the $0.045 range.
⚠️ If it loses $0.0369: risk of decline to $0.0291.
💭 Market sentiment is supporting the longs, but it’s crucial to maintain support to continue the upward trend.

📍$SOL : Is the Bear Trap preparing to plunge deeper?

📌 The price of SOL has just lost over -7.5% in 24 hours, threatening to break the ascending wedge pattern – the support zone of $176–180 has become a vital boundary.

📌 On-chain activity is weakening: the number of active addresses has dropped sharply by ~24% from the peak of 4.1M to 3.2M. Meanwhile, the amount of short positions is overwhelming – indicating a negative market sentiment.

📌 If SOL holds steady and bounces back from $176, this could be a bear trap. Conversely, if it breaks this zone, the decline could extend towards $140, even $105.

📌 Key levels to watch:
🛡️ $176–180: crucial support.
🚨 Breaking $176: confirms a deeper correction.
🎯 If it surpasses $188: reopens the target of $200–220.

💭 A sensitive phase – price reaction around the $176 area will shape the upcoming trend.

Farming strategies for ETH holders

📍Ethereum is no longer just a smart contract platform — it is now the yield-generating machine for smart money

📌 Traditional staking remains a pillar with over 36 million ETH locked, providing an APY of about 2.5%–3.3%. But the real game lies in restaking and synthetic yield — where smart money optimizes every part of the capital.

📌 Restaking via EigenLayer has exploded with a significant increase in TVL, with EtherFi alone surpassing $10B. Stakers do not stop at one layer of yield but continue to "double-dip" by restaking stETH, eETH to farm additional rewards.

📌 Meanwhile, synthetic yield platforms like USDe/Ethena allow staking ETH to mint stablecoins and earn additional yield of ~8.5% APY. The supply of USDe has nearly doubled in Q2 – clearly reflecting the influx of smart money.

📌 Additionally, there is funding rate farming, lending/liquidity pool farming with APYs ranging from 27–50% depending on position and platform — aimed at funds willing to accept higher risk to maximize leverage.

💭 ETH is now not just an appreciating asset — it is a cash-flow-generating asset that can be quantified, has real yield, has derivative products, and operates strategically like a digital bond. Smart money is leveraging every layer. Anyone who still only knows to "hold ETH" is standing outside the real game.