金评媒

When $BTC fell, before buying the bottom, is the bull logic still there:
"The essence of cryptocurrency hedging the legal currency system has not changed,
The essence of decentralized business subverting centralized business has not changed,
The essence of the cryptocurrency market as the most efficient financial market in the world has not changed"
In 22 years,
We would never have thought that Bitcoin ETF would be approved so quickly
We would never have thought that the US presidential election would need to express support to win votes in the cryptocurrency circle
We would never have thought that BlackRock would put the tokenization of securities on the agenda
So
The bull is still there!
Looking forward 10 years, the cryptocurrency circle is an unprecedented bull market, and looking back 10 years, it is still.
Risk warning: The big bull market in the cryptocurrency circle does not mean that every copycat or local dog is a big bull market. On the contrary, targets without value support may not see the sun of tomorrow's bull market
#非农就业数据即将公布 #非农就业数据即将公布

#美国4月核心PCE指标显示通胀放缓
$BTC

Important economic data, financial event forecasts and trading reminders for next week——

Economic data:
ISM Manufacturing PMI (Monday 22:00)
Previous value: 49.2, predicted value: 49.7
ISM non-manufacturing PMI (Wednesday 22:00)
Previous value: 49.4, predicted value: 51

The boom-bust line is 50. Above 50 means the manufacturing/service industry is expanding, and below 50 means it is contracting. Therefore, if the PMI value is significantly lower than 50 and trending downward, the market may believe that economic activity is slowing down and business confidence is declining. This will increase market expectations for interest rate cuts, as easier monetary policy is needed to stimulate the economy and avoid recession.
Since the service industry accounts for a larger proportion of U.S. GDP, the non-manufacturing PMI may reflect economic conditions more comprehensively than the manufacturing PMI. When formulating monetary policy, the Fed will consider manufacturing and non-manufacturing PMI data:
Double PMI above 50: indicates comprehensive economic expansion and is negative for interest rate cut expectations.
Double PMI below 50: indicates a comprehensive economic contraction, which is good for expectations of interest rate cuts.
One high and one low: more attention is paid to non-manufacturing PMI, which also requires more detailed analysis and may wait for other economic indicators to determine specific policy directions.

#5月市场关键事件

The PCE price data for April in the United States was roughly in line with expectations, with the annual rates of overall PCE and core PCE remaining at 2.8% and 2.7% respectively, which is still a long way from the target level of 2%. The highlight of this data is the monthly rate of the core PCE price index, which was 0.2%, lower than the expected and previous value of 0.3%, and a new low since December 2023.
The market increased its bets on the Fed's rate cuts, spot gold rose slightly by $4, and U.S. Treasury yields fell.

#5月市场关键事件
PCE forecast for tomorrow night $BTC

Oil prices are falling, rents and used car prices are also weak, the core PCE data tomorrow night will be very good!!! Bullish📈

#5月市场关键事件 data is basically favorable to the expectation of interest rate cut

#meme板块关注热点

Meme Valuation Framework

By most “token economics” metrics, a meme should be worth close to zero (or even no value). Yet, three memes have made it into the top 25 by market cap ($DOGE, $SHIB, and $PEPE), and that number is likely to increase.

How to judge a meme?

“Attention economics”, which focuses on metrics that are harder to quantify than token economics.

1/ Audience size. How wide of an audience does it attract?

2/ Sustainability. Does it have at least the potential to continue to attract attention? For example, PolitiFi coin has a lot of attention now, but what about the coins of the losers of the election? What about the winners?

3/ Gender appeal. Related to audience size, can this meme cross gender lines and attract more holders?

5/ Visualization. Can you use an iconic image to represent the essence of this meme? It would be even better if you can combine the visual elements of the meme with new images.

6/ Accessibility. Is there a lot of money active on the parent chain of this coin? For example, if you want to maximize the chances of memes, you could launch it on $SOL.

7/Category. Is this coin a pioneer or able to create an entirely new meme category (like a national coin)?

8/Endorsers. Are there well-known or inspiring figures associated with this coin? For example, $DOGE endorsed by @elonmusk

9/Community. Are the creators or fans of this coin active on social media?

10/Catalyst events. Are there upcoming news events that could spark more interest in this coin? For example, elections were a catalyst for memes like $BODEN and $TRUMP.

11/Origin story. Is there an interesting story, mystery, or conspiracy surrounding the origin of this coin? Satoshi Nakamoto and Bitcoin are a great example of this. RSIC•GENESIS•RUNE on BTC is also a good example.

12/Geographic coverage. Does this coin appeal to an international audience, or is it limited to a specific jurisdiction?

13/Video. Does this coin bring good feelings? Does it make you laugh? Do you want to share it on social media?

In general, the core idea of ​​attention economics is that a coin’s ability to attract attention is more important than other metrics.

$ETH $BTC

To be precise, pursuing a high profit-loss ratio through volatility changes is not another expression, but a dimension of observing market movement. Cycles, structures, positions, momentum, and volatility are all different dimensions of observing market movement. I hate drawing auxiliary lines to trade. Trading is not a geometry problem that can be solved by drawing auxiliary lines.

#MtGox钱包动态 $BTC The dealer used this sb news to scare retail investors😂

8239 BTC were transferred out of the MtGox wallet address again, worth more than 560 million US dollars

Whale Alert monitoring shows that at 9:57 Beijing time, 8,239 BTC (565,708,590 US dollars) were transferred from MtGox to an unknown wallet.

According to previous news, at 9:41 Beijing time, 3,999 BTC (277,654,876 US dollars) were transferred from MtGox to an unknown wallet.

#BTC走势分析 $BTC

The big cake continues to break through the left peak of 69,000 on November 10, 2021, and then consolidates in the range of 60,000-73,000 for 2 months after breaking through 69,000 on March 11, 2024. It has formed a head and shoulders bottom relay pattern in the rising process. The overall trend is still a strong sideways consolidation pattern after a wave of rising trends. The upper pressure is 73,000 during the day, and the lower defense is 65,500/60,000. In principle, it will not break the 65,500 mark when it falls back. Be generous and have a large volume

#ens，现在还来得及 #ens终于启动了 #ENS.智能策略库🏆🏆
After consolidating at the bottom for 2 years, it has been accompanied by huge fluctuations since the beginning of this year, and is ready to move. It can be added to the watch list. The main resistance is to close above 28 to confirm the breakthrough and further upward trend.

#PEPE创历史新高

Binance is using the pull-up to tell all the fuders: "Not BB, don't talk nonsense"🤣

#美众议院通过FIT21法案 #现货以太坊ETF获美SEC批准

(Macro data to focus on this week) US-Personal Consumption Expenditures Price Index [PCE]

1. Release time:
This Friday at 8:30 p.m. (Beijing time)

2. Expected outlook:
Positive pull: below 2.5%
Negative plunge: above 2.8%
Sideways fluctuation: 2.5%-2.8%

#ETH🔥🔥🔥🔥🔥🔥 $ETH

1. Ethereum's deterministic opportunity has begun, and this round of bull market is expected to break through the peak exchange rate of 1.238 between ETH and BTC at the beginning of 2018!

2. The weekly and monthly exchange rates have fully broken through the suppression line. I won't say much. Just sit tight and support it in the big market.

3. This wave of copycat season will only be more enthusiastic than the first half. I said in the Binance live broadcast a few days ago that we should pay attention to what retail investors despise and actively embrace it. As long as there are transactions and development logic in the market, we will not miss this round of bull market.

4. The project party is more anxious to make money than you. Only by pulling up the price of chips can you make more money, and only then can traffic come in, allowing the product to capture more opportunities. BB coin is a typical example. I have emphasized the potential of narrative in the group. In the past few days of pulling up the market, the data has soared, and the project party has gained both fame and fortune.

#PEPE创历史新高 $PEPE

Most people still have relatively small funds, which are not enough for us to buy BTC and ETH, so we focus on some potential cottages, using small funds to gain greater profits. In fact, this bull market is more difficult to make money than the previous bull market. There are too many currencies, which is very different from the last bull market. So how can we choose a good and potential cottage from these 10,000 currencies to layout? Let me tell you my opinion.

After sorting out the tracks and varieties that should be laid out, there are still very many. At present, there are many projects on BN. My personal method is to find some currencies with high trading volume but relatively low market value. The second is the track. There are still many 100-fold projects of BN's IEO projects in the last bull market, so we can focus on and layout this area!

Secondly, there is the star ecosystem SOL since this year, as well as the Ethereum ecosystem, fan series, Hong Kong concept, big cake ecosystem, RWA, modularization, re-staking, L2, oracle, DWF, etc. In fact, the focus of the layout is on the front ones below. Many old ecosystems that have been hyped in the last round of bull market may not necessarily have too much performance in this round!

The market always speculates on new things rather than old ones, whether it is old varieties or old tracks! After all, new things can tell stories better, and the selling pressure is relatively less than that of old projects, so we must embrace new things.

Just like many people are not actually on the big cake at present, because it has risen too fast, beyond the expectations of many people! Then the arrival of the cottage season may be the same, so fast that it catches people off guard, and the end will be silent! What we need to do is to ambush in advance! Hold the chips and wait for the wind to come!

#ETH🔥🔥🔥🔥🔥🔥
From a technical point of view, after five consecutive attacks, the negative sentiment and bad chips in the market have been digested. The probability of breaking through the trend line here is much higher, but before confirming the official breakthrough, we still need to pay attention to short-term risks. In the long run, retail investors like to see a surge, but we cannot ignore the risks and hidden dangers in the short term.

There are two criteria for judging the official breakthrough:

1. The exchange rate breaks through 0.62, and the support is 0.535~0.57, which is a head and shoulders bottom.

2. If it falls back to 0.5 without breaking, the support is at 0.5, and it fluctuates in a small range.

But no matter which route is taken, there needs to be a period of consolidation structure to connect the long and short transition from A to B. This process usually takes 15~45 days. After the breakthrough from B to B1, the support is stepped back to point C to complete the support and boost. Only then can points B and C confirm the formation of the upward trend, and then a rapid rise period may be formed! $ETH

#BTC走势分析 ETH Analysis $ETH

$ETH will attack 4000 today, this position is like a bridgehead. The copycats are watching the boss's determination. Once 4000 is taken and stabilized, the copycats will start a crazy show.

This round of bull market is very different from 2021. In 2021, it was because of the flood of liquidity that led to the rise of chickens and dogs, and all coins were rising. This round of bull market is more refined, and you have to choose projects. Tips:

Those VC coins that have been criticized and have been lying at the bottom for a long time are worth cherishing; for example, the Ethereum chain series

Important economic data, financial event forecasts and market volatility reminders this week - Economic data:

May 28, 22:00 (Tuesday): US Conference Board Consumer Confidence Index. Previous value 97, forecast value 96. If the consumer confidence index falls, it means that consumers are not confident in the economic outlook or their spending power has declined, which is good for expectations of interest rate cuts.

May 30, 02:00 (Thursday) [Important]: The Federal Reserve releases the Beige Book on economic conditions. The downward trend in economic conditions is good for expectations of interest rate cuts.

May 30, 20:30 (Thursday) [Important]: US real GDP annualized quarterly rate revision. Previous value 1.6, forecast 1.5. The preliminary value of GDP is released at the end of the first month after the end of the quarter, the revised value is released in the second month, and the final value is released in the third month. It is based on more complete and reliable data. Therefore, the revised value continues to be revised downward, and a continuous downward trend has been formed since the high of 3.4% in the fourth quarter of last year, which may break the market's expectations of a strong economic situation and enhance expectations of interest rate cuts.

May 30 20:30 Other revised data are also worth paying attention to.

May 30 20:30 (Thursday): Initial jobless claims. The previous value was 215,000, and the forecast value was 217,000. More new initial jobless claims mean a weak labor market, which is conducive to expectations of interest rate cuts.

May 31 20:00 (Friday) [Important]: US core PCE price index monthly rate and annual rate. Core PCE is the inflation indicator most valued by the Federal Reserve for interest rate management. The previous value of the monthly rate was 0.3, the forecast value was 0.2, and the previous value of the annual rate was 2.8, and the forecast value was 2.8-the core PCE monthly rate is predicted to be lower. If it falls below expectations or meets expectations, it will be good for expectations of interest rate cuts, but if it exceeds the forecast value but is the same as the previous value, it is not a serious negative, after all, there is no rebound. Unless the previous value rises, it is considered negative. The annual rate is the same as the forecast or lower than the forecast is considered positive, and higher than the forecast is considered negative.

May 31, 20:00 (Friday) [Important]: US personal expenditure monthly rate. Previous value 0.8, forecast value 0.3. Personal expenditure monthly rate refers to the rate of change of personal consumption expenditure within a month. Personal consumption expenditure is an important part of GDP, accounting for about 70% of US GDP. A decrease in personal expenditure may lead to a decline in demand, which may slow down the inflation rate. A decline in line with expectations or exceeding expectations is conducive to the expectation of interest rate cuts. Even if it is not as low as the forecast value, it can be regarded as positive if it is lower than the previous value.