Vito eth

《Atypical Bull Market》

According to Shenyu's theory, make different asset allocations at different asset levels, while taking into account stability and explosive power. (I also do this)

Successful cases in atypical bull market: #SUI #BNB #BGB I think #SOL cannot be calculated conventionally. If it weren't for FTX's crash, the price of SOL would not have fallen to such a low price, so SOL's excess return is the result of the "black swan" event.

Wrong case:#ARB#OP LST track and other Ethereum ecosystems....#APT#DOT#AVAXand other public chains did not outperform #BTC.

If an atypical bull market is established and BTC is decoupled from other assets, then new projects will have to be repriced and valued in the future. If the market cannot reward innovators and risk-takers, the dividend effect will disappear.

On the chain alone: ​​The prosperity of the chain is a concrete manifestation of insufficient liquidity. It is obviously possible to reach tens of billions, but the speed of passing 100M or even 1B on the chain may be the ceiling. It seems that there is a wealth effect, but in fact it is a manifestation of diminishing wealth effect. (After all, the users that can be reached on the chain and the ease of operation need to be improved)

#SSV FDV 50M TVL 5.33B Sensible

Is it a return to value or a value gap? A strange bull market has brought many inexplicable phenomena, from dream earnings ratios to market shares. The market has become less straightforward, experiencing the pain period after the dividend phase.

Today I saw @lanhubiji discussing stablecoins. The ever-increasing market value of stablecoins in the entire blockchain industry and the continuously declining coin prices—do you say there’s no liquidity? Stablecoins can be seen on-chain; so do you say there’s liquidity? #ETH has been continuously declining.

Looking at the market based on past logic is just inflow of funds + new users + dapps + leverage.

#SOL is taking the DAPP + existing user migration route.
#TRX is taking the route of continuous destruction of transfer fee income.
#BNB, as a platform coin, establishes a moat through division of labor and buyback and destruction.

Essentially, it is all about leveraging one's advantages to absorb existing stocks. Lacking the two engines of new additions and leverage, BTC has the continuous support of ETF and @saylor as external leverage. If altcoins hope not to be drained, it is certainly necessary, and this is uncontrollable. However, attracting external users and liquidity through innovation is controllable.

Stablecoin War 🔥

From #USDT to #USDC , from #DAI to @Ethena, stablecoins have become the 'invisible hand' behind this bull market. This is a story of the integration and evolution of the dollar and the crypto world, and one of the most profitable crypto narratives 👇

1: The Birth of Stablecoins

The story begins with USDT @Tether_to, launched by the Bitfinex team, which promised 1 USDT = 1 USD, solving the 'lack of fiat channels' problem for exchanges. However, #USDT has always been accompanied by controversies regarding 'whether there are real dollar reserves'. Even now, USDT remains the largest stablecoin in the crypto market, even though it is a black box.

2: The Compliance Faction Emerges

USDC #TUSD and @Paxos have emerged because USDT is too profitable, and with its black box shortcomings, compliant stablecoins backed by the US banking system have gradually appeared. Thus, stablecoins entered the digital dollar era, and exchanges like Coinbase and Binance began to support their partners.

3: The Exploration of Decentralized Stablecoins (Algorithmic Stability)

The rise of #DAI led by MakerDAO opened the 'algorithmic stability' era, generating stablecoins through collateralizing assets like #ETH, USDC, #BTC, etc. However, as USDC became increasingly 'centralized', #UST eventually peaked, and the market saw a collapse in 2022 that also brought down the entire market. The market has since returned to an extremely cautious state regarding 'non-collateralized' stablecoins.

4: Yield-bearing Stablecoins

#USDE utilizes delta-neutral arbitrage to generate stablecoins while early users received annualized returns of 25%+; combined with the sats airdrop strategy, TVL surged. This was the first large-scale validation of 'yield-bearing stablecoins'.

USDT still firmly holds the leading position, USDC seeks to go public, US Treasury bonds become the consensus, #USDE relies on yield and airdrops to rapidly absorb TVL, and #FDUSD is tied to Binance's traffic. This war without gunpowder has once again begun; whoever wins the stablecoin battle wins the liquidity.

#Wintermute may be involved in brick-moving, selling on-chain and buying on exchanges.
Suddenly, there was a flash crash in the exchange, and they have a large number of chips on-chain to arbitrage.

The specific reason for the flash crash may be that @binance adjusted the ACT leverage position limit, and some market maker positions, after all, cannot be closed in a short time and can only be passively liquidated.

#币安 This wave is about piling up one's own resources to the 'wallet' and #BNBChain.

@CZ As the direct responsible party, the mobilization of resources and decision-making execution have visibly accelerated, which is energy that previous responsible parties did not possess. We continue to expect that the Binance Web3 wallet can keep evolving.

In the competition of product capability and financial strength, it ultimately depends on whether we can create miracles for retail investors, as it is still beneficial for us retail investors to continue competing.

"Studio Ghibli" From Images to Videos.

1: Choose a photo and generate a Studio Ghibli style using #GPT 4O.

2: Use @Kling_ai to turn the image into an animated video.

3: Use @SunoMusic to create your own music🎵.

Finally, edit them together, the exploration of AI is becoming more and more interesting.

#Polymarket mechanism loophole. 💥

As the most eye-catching "prediction market" leading protocol in the Ethereum ecosystem in this round of bull market, it has swept the world during the US 🇺🇸 election. The predicted transaction volume of the presidential election alone is close to 1B US dollars. However, now someone has tampered with the final prediction results and made profits by manipulating the oracle, which makes the community question the fairness and playability.

What happened? 🔽

Prediction event: Will Ukraine 🇺🇦 reach a rare earth trade agreement with Trump before April.

Real answer: No Final beneficiary: Yes

Why did such a reversal happen? 👇

#Polymarket relies on @UMAprotocol's Optimistic Oracle (OO) to resolve disputes over market results.

A UMA tycoon (bet in this market, but according to the reality, he is about to lose the bet (i.e. the market result is not in his favor).

UMA's Optimistic Oracle mechanism allows users to propose market results (propose), and if no one objects (dispute), the result will be accepted. If there is a dispute, it will enter UMA's Data Verification Mechanism (DVM), and the final result will be decided by UMA token holders voting.

At the last moment of market settlement, this UMA tycoon used the huge number of UMA tokens he held to "hijack" the oracle's results through voting, forcibly reversing the predicted results and profiting from it.

UMA's DVM mechanism relies on the votes of token holders, and the voting weight is proportional to the amount of coins held. The voting influence of this tycoon is enough to overwhelm other participants.

The incident exposed the#UMAoracle and #Polymarket Potential loopholes in the governance mechanism, especially when the tokens are unevenly distributed, large holders can use voting rights to manipulate the results.

What is Polymarket's response ❓

The official later admitted that this was a "mistake" because the results were obviously inconsistent with reality, however, Polymarket said that this governance attack was "part of the rules of the game." Their position is that the design of the UMA oracle allows token holders to decide the results through voting, even if the results are inconsistent with reality. This is the operating logic of the decentralized system, so Polymarket refused to modify the results.

📢 Note:#UMAmarket value $180 million
The US presidential election, the prediction market transaction volume is close to $1B.

2025/3/24 Cryptocurrency Market Hotspot Summary 🚨

BNB chain's popularity has cooled, SOL is launching a counterattack, and the overall market has seen a slight increase. Japan's 'MicroStrategy' has once again purchased BTC.

Mainstream Market 📈

1: #BTC Fluctuating upwards, continuing to hover around the $85,000 position with fluctuations maintaining a $2,000 range above and below, with $87,000 above and $85,000 below. The market continues to wait for today's U.S. stock market opening for trends, as Bitcoin ETF has maintained a continuous net inflow since last week.

2: #ETH Ethereum occasionally shows some independent signals, but none have continuity, with prices oscillating between $1,950 and $2,050. Notably, the earliest application for Ethereum ETF staking was submitted by 21Shares on February 12, and the SEC needs to provide approval within 45 days (which could possibly be extended to 90 days), and March 30 is the last day within the 45-day period.

3: Altcoins BNB chain's MEME market has temporarily cooled, particularly noteworthy is the #UUU insider trading incident which has had a very bad impact. Binance has already launched an internal investigation, and the final handling results are still unknown. However, the speed at which the situation is unfolding, in the backdrop of rampant insider trading, has caused the BNB chain's popularity, which had just heated up for a few days, to cool down significantly. Recent statements from @heyibinance and @cz_binance have also been relatively cautious. In contrast, the SOL chain has seen some warming, with #Routine briefly reaching 20M. Community feedback indicates that people believe the MEME PVP difficulty on SOL is slightly lower.

Hot Events 🔥

1: @Metaplanet continues to purchase 150 BTC (valued at $12.9 million), bringing the total holdings to 3,350 BTC.

2: Fidelity has submitted an application to the U.S. Securities and Exchange Commission for U.S. Treasury 'ONChain' on Ethereum, expecting this product to launch on May 30.

3: WLFI has again spent 3 million USDT to buy 3.54 million MNT, with a total expenditure of $346 million on 11 tokens, incurring a total loss of $111 million.

4: Trump posted on his social platform Truth, "I LOVE TRUMP —SO COOL !!" promoting Trump Coin.

🚦 The cryptocurrency market has not seen any major fluctuations over the weekend, with trading volume only maintaining at $50-60 billion. BTC's market share remains above 60%. The only hype seems to be around some 🍉. For these gossip topics, it's best to just observe; as long as no one buys in, it’s all for fun.

2025/3/22 Cryptocurrency Market Highlights 🚨

Bitcoin's volatility fell below 50, total stablecoin supply surpassed 231B.

Mainstream Market

1: #BTC Volatility dropped to a new low in the past year, indicating that the market expects Bitcoin to continue fluctuating. With the U.S. stock market closed over the weekend, market liquidity will continue to shrink. ETF saw a net inflow of $83.1 million yesterday.

2: #ETH No one is participating in the discussion, and with the upgrade postponed and the ETF staking date unclear, it is now a crazy turnover phase. The ancient whales are taking profits, and those who want to gamble are choosing to jump in and take over. ETF had a net outflow of $18.6 million.

3: Altcoins New interesting Meme coins appear on the BNB chain, #LUXUN #laicai are both highly representative of our Chinese community culture, but the overall speedrun market cap is not that high. The speed of these new MEMEs has dropped from 10M to 1M, but as long as @Yi He and @CZ interact, they will take off immediately.

Hot Events 🔥

1: OFAC announced the removal of @TornadoCash contract address from the sanctions list.

2: Tether stated it is in talks with one of the Big Four accounting firms to promote reserve audits.

3: Coinbase is in deep discussions to acquire Deribit.

4: Strategy raised the issuance scale of STRF preferred shares from 500 million to 722.5 million.

5: South Korea plans to impose sanctions on unregistered exchanges like BitMEX and Kucoin.

🚦 The mainstream market is lukewarm, and under low volatility conditions, it is suitable for stable returns. Cash flow can be earned through wealth management, funding rates, covered calls, etc., while maintaining activity on BNB chain Meme coins and monitoring the tweets of He Yi and CZ, including the dynamics of 'Binance Square.' It is best not to be too ambitious, and the best strategy is to double your investment.

2025/3/21 Crypto Market Hotspot Summary 🚨

Binance activities lead market focus, the Trump effect is weakening.

Mainstream Market 📈

1: #BTC dropped back into the fluctuation range, prices continue to fluctuate around the 85000 mark, the upward trend lacks sustainability, mainly following the U.S. stock market, with no other favorable events to drive a new independent market after the three major narratives of ETF, U.S. elections, and national reserves. Interest rate cuts and monetary policy have become the focus of the market. Bitcoin ETF had a net inflow of $166 million yesterday.

2: #ETH after a strong day continues to weaken, another whale holding for 8 years transferred 34,000 ETH to Coinbase, with a total return of 44 times. Eight years ago, Bitcoin was around $2000, also yielding over 40 times. The available supply of ETH in CEX has dropped to 8.97 million, reaching a new low in ten years.

3: Altcoins on the BNB chain continue to see cash cows #BUBB #TAT are all targets with a fast track of 20M. As long as Big Brother @CZ @Yi He is active on Twitter, it can have a Midas touch effect. In contrast, Dragon One #MUBARAK is in a sideways state, #BANANA has reversed its ranking in Binance's voting for coins, currently in the first position. This asset has also risen sharply, with a market cap once exceeding 50M.

Hot Events 🔥

1: Canary Capital submitted a $PENGU ETF application to the U.S. Securities and Exchange Commission (SEC). Now it's not just public chains; as long as you can find connections, you can submit.

2: The U.S. Securities and Exchange Commission confirmed that, under U.S. law, Bitcoin and POW mining are not considered securities.

3: Trump participated in the DAS Digital Asset Summit via video and delivered a speech, mainly focused on two points: "Make America a Bitcoin superpower and the world cryptocurrency capital" and calling on the U.S. Congress to pass stablecoin legislation to further promote compliance and development in the cryptocurrency industry. There were no substantial benefits, and the market did not respond positively.

4: Binance launched Launchpool + Binance Wallet new activities.

🚦 Overall market conditions remain in wide fluctuations, with market hotspots still concentrated on BNB chain's cash cows and Binance's series of welfare activities. In the absence of clear signals and direction in the market, continuously earning some stable profits through stable strategies is quite good. Everyone can pay more attention to opportunities in this area.

Binance is launching a series of combined strategies.

Mubarak is leading the charge, establishing a wealth effect, attracting 'front runners' into the BNB ecosystem, @Yi He @CZ becoming the golden finger.

Voting for new listings + APP updates to increase the activity of on-site funds participating in on-chain assets.

Launchpool + Wallet IDO activities, the final step for user retention! Both on-chain and off-chain are working together, completing a closed loop within the ecosystem.

Traffic + funds + users, competitors next door may be feeling anxious.

#BNB

2025/3/19 Cryptocurrency Market Hotspots Summary 🚨

Market Recovery, Federal Reserve FOMC Meeting Releases Positive News.

Mainstream Market 📈

1: #BTC The price finally broke through the box resistance level of $85,000, peaking at over $87,000, following the trends of the US stock market, and with favorable news from the Federal Reserve meeting, ETF inflows reached $11.8 million, maintaining a continuous net inflow for 4 days.

2: #ETH Ethereum was the first asset to make a move yesterday, as the market anticipated positive news before the meeting, with ETH price quickly breaking above $2,000, reaching as high as $2,069. However, ETFs still saw a net outflow of $11.7 million, marking a continuous net outflow for 11 days.

3: Altcoins XRP performed relatively strong, with some DEFI assets like UNI and PENDLE following Ethereum's strong performance to rebound, and BNB chain's TUT performed outstandingly with a market cap breaking a new high reaching $60M.

Hot Events 🔥

1: #币安投票上币 Binance launched the first phase of voting for new tokens, with a total of 9 tokens in the first round, selecting the top 2 by votes, voting time is 7 days.

2: The Federal Reserve maintained the benchmark interest rate, with the dot plot indicating two rate cuts in 2025, totaling a reduction of 50 basis points. Starting from April 1, it will slow the balance sheet reduction from $25 billion down to $5 billion.

3: Ripple's CEO announced the end of the case with the SEC, calling it a “historic victory” for Ripple and the cryptocurrency industry.

4: Putin will attend the Digital Asset Summit tomorrow and give a speech.

🚦From the Federal Reserve's stance, the market is expected to welcome some liquidity this year. Although there is no immediate halt to the balance sheet reduction or expansion of interest rate cuts, at least it acknowledges that tariffs have little impact on long-term inflation data. Now, we will see if a new narrative can emerge to lead a wave of major upward trends.

2025/3/19 Cryptocurrency Market Hotspot Summary 🚨

Mr. Sun is operating crazily, EOS has been renamed to Vaulta.

Mainstream Market 📈

1: #BTC The price continues to hover around $83,000, however, there has finally been good performance in ETFs, with a net inflow of $209 million today over two consecutive days. Comparing this to the performance of gold, it's evident that digital gold is still showing some weakness.

2: #ETH Ethereum surprisingly did not drop, stabilizing above $1,900. Today, I saw Mr. Sun stake $100 million worth of ETH into LIDO again. I wonder if he is gradually buying back what he previously sold at high prices. On the ETF side, there is still a net outflow of $52.8 million.

3: Altcoins BNB chain's MEME collectively corrected, with the leading #mubarak dropping over 50% from its peak market cap of over $200 million. Other assets on the BNB Chain also experienced varying degrees of correction, while EOS has appeared on Binance's gainers list, which is quite surprising.

Hot Events 🔥

1: According to @CoinDesk, #EOS has been renamed to Vaulta. EOS raised a lot of ETH during its ICO, later switching to BTC and government bonds, but the classic 'three waves' have continued to this day. It remains to be seen whether this currency and business transformation can trigger a third wave.

2: 21Shares has applied to launch a @Polkadot ETF on Nasdaq.

3: @saylor announced that MicroStrategy will launch STRF, a new type of perpetual preferred stock offering. I noticed that it is only open to institutions and specific investors, with an annualized return of 10%. MicroStrategy is trying various ways to raise money to buy Bitcoin, making it the largest name-brand bull in the current market.

4: IOSG partner @jocyiosg Jocy's tweet has sparked enthusiastic discussions in the Chinese community, primarily addressing the current prevalence of MEME, the serious talent drain in the cryptocurrency market, and calling on everyone to encourage pragmatic entrepreneurs and startup teams to return to long-termism and value investing.

🚦 The total cryptocurrency market capitalization remains at $2.7 trillion, with a trading volume of $74.3 billion. BTC's market share has slightly decreased to 60.7%. The recent FOMC meeting is about to begin, and everyone generally believes that there will be no interest rate cuts, staying the same. Whether to stop QT and the dot plot has become a market expectation for positive news.

2025/3/18 Cryptocurrency Market Hotspots Summary 🚨

Mubarak hits a new high, MicroStrategy buys BTC again.

Mainstream Market ☀️

1:#BTC The price continues to fluctuate around the range of $82,000 to $85,000, with a net inflow of $156 million for Bitcoin ETF.

2:#ETH The price of Ethereum is slightly stronger than Bitcoin, reaching a maximum of $1,950, with the ETF experiencing nine consecutive days of net outflow, totaling $7.3 million.

3: Altcoins #MUBARAK surged upward after going live on Binance contracts, with a market cap once exceeding $200M, Mubarakah became the number one MEME in this version, and its market cap also quickly reached $35M. Some older MEMEs on the BNB chain have also taken off, such as #Cheems and #TUT.

Hot Events 🔥

1: HYPE insider made a huge profit by closing a large short position, ultimately escaping unscathed in the face of a sniper, with a profit of $5.101 million.

2: Japanese listed company Metaplanet purchased another 150 BTC, spending a total of $12.5 million at an average price of $83,508. So far, this company holds a total of 3,200 BTC, with a return of over 60%.

3: MicroStrategy bought 130 BTC again at a price of $82,981, spending a total of $10.7 million. Currently, the strategy holds a total of 499,226 BTC, valued at $33.1 billion, with an average price of $66,360.

4: Pumpfun deposited 196,370 SOL to Kraken again, valued at $25.3 million. So far, they have transferred a total of 2,629,656 SOL, and Pumpfun has earned a total of 3,184,205 SOL, with a total value of about $400 million. In the past 24 hours, there was only one token with a market cap exceeding $1 million.

5: Vitalik again sold the tokens received in his wallet, this time selling #DHN for a total of 65 ETH, valued at $125,000. DHN immediately dropped over 50% after his sell-off.

6: Canary Capital submitted the S-1 filing for #SUI ETF.

🚦 The total market cap is at $2.7 trillion, with a trading volume of $74.2 billion, and BTC's market share is 60.8%. If we look at the data, the last time such trading volume occurred was during the period from August to October of last year, so the combination of risk-averse sentiment and insufficient liquidity remains the main reason the market cannot rise.

2025/3/17 Cryptocurrency Market Hotspot Summary 🚨

Mubarak ignites BNB Chain, Insider Brother targeted again wins

Mainstream Market 📉

1: #BTC The weekend continues to maintain low volatility oscillation, trading volume is also not high, the market is still waiting for this week's Federal Reserve interest rate meeting, and Monday's US stock market will determine the market trend for the next period of time.

2: #ETH Around $1900, on-chain shows that large holders who have held for 3 years have liquidated, and short-selling funds for ETH have reached a peak in 4 years.

3: #bnb @CZ Wallet purchases of #MUBARAK and TST directly triggered community FOMO, Mubarak's market value exceeded 100M, increasing by over 300% since CZ's purchase, BNBChain has become the hottest public chain in the market, which has also significantly boosted CAKE and BNX.

🚦 According to @DefiLlama data, the trading volume on Solana chain is $1.07 billion, a slight increase from yesterday, while Ethereum's trading volume is $1.01 billion, reflecting low market activity. The overall market lacks vitality, but CZ sparked a wave by retweeting meme images, purchasing 1 BNB and posting a test, causing the Chinese-speaking crypto community to closely monitor his movements, discussing the potential hype opportunities from his avatar change.

Hot Events 🔥

1: @Cbb0fe publicly called for warriors to target HYPE Insider Brother, suspected that Sun Brother extended an olive branch to him, influenced by this news, BTC surged to $85,000, Insider Brother increased margin, and the final price continued to fall back. This sniper battle temporarily remains a great victory for Insider Brother, with a maximum profit of $8 million, and is gradually closing positions to take profits, while also going long on Trump’s coin MELANIA by 5 times.

2: The Bank of Korea stated that it has not yet discussed or reviewed the inclusion of BTC in its foreign exchange reserves, and expressed the need to handle the matter cautiously due to BTC's high volatility.

3: The North Korean hacker address shows it has 13,562 BTC valued at approximately $1.14 billion, which has led North Korea 🇰🇵's BTC holdings to surpass that of El Salvador, ranking third in publicly known national holdings, only behind the US and UK.

4: Solana celebrates its fifth anniversary, with official tweets showing over 408 billion transactions, more than 1,300 validators, and $987 billion in transaction volume, with SOL experiencing significant ups and downs.

🚦 US recession expectations and inflation data will determine the Federal Reserve's decisions. In the context of liquidity scarcity, there are only localized hotspots. The secondary high-multiple contract head has shifted from being cool to HYPE Insider Brother, and Big Brother has become the new MEME spokesperson.

2025/3/15 Summary of hot spots in the crypto market 🚨

US stocks rebounded, MSTR led the crypto sector, and BTC rose in a shrinking volume.

1: #BTC The highest rebound reached 85,000 US dollars. It is currently in a box oscillation between 79,000-85,000. From the perspective of trading volume, there is no explosion. The market is more likely to rebound from oversold. The ETF has a net outflow of 59.2 million US dollars.

2: #ETH The exchange rate continued to fall, following the rebound of the big cake. It has reached the point where I am too lazy to talk about it. Whether in terms of exchange rate, price, or on-chain innovation, it is frustrating. The ETF has a net outflow of 46.9 million US dollars.

3: The golden dog#mubarakappeared on Altcoins BSC, which is also played by the community It started with the joke about CZ's cousin. The current market value is also 36M. SOL is a mainstream currency with a relatively strong rebound, although the proposal to reduce inflation was rejected.

🚦 Optimistically speaking, the market has ushered in a wave of oversold rebound and temporarily stabilized. The panic index has returned to 40 (neutral), and the volatility of MSTR is higher than BTC. If the US stock market can stabilize, we can still expect continuity. Pay attention to the currencies with strong rebound.

Hot Events 🔥

One: VanEck officially submitted Acalanche's ETF document (S-1) Almost all public chains are looking for institutions to apply for ETFs. The market is immune, and no one is paying for such benefits anymore.

Two: BNY Mellon Bank is expanding Circle's services, allowing users to send and receive $USDC transaction funds to promote the adoption of stablecoins in traditional finance.

Three: David Sacks Sold $200 million worth of cryptocurrency-related assets before taking office in the White House. If Trump is hedging, I don't think it makes sense for him to do so.

Four: Goldman Sachs mentioned BTC and cryptocurrency for the first time in its annual shareholder letter, which shows that Wall Street giants are gradually starting to lay out their plans. After all, no one wants to be washed out in the final change.

🚦After two days of information collection, everyone agrees that the bull market is still there, but it should be in the second half of the year, and the current market is suitable for a band market, betting on an oversold rebound. People are pessimistic about the cottage season and other opportunities. More often, everyone plays with memes, shows off their travels, and discusses gossip such as A. (None of the above is investment advice)

2025/3/14 Cryptocurrency Market Hotspots Summary 🚨

PAXG突破3000，Cryptocurrency enters a vacuum period.

Mainstream Market ✨

1: #BTC ETF started to see net outflows again after a net inflow yesterday. Except for IBIT purchases, other institutions have shown selling, with a net outflow of $135 million. Trading volume and price are both very sluggish.

2: #ETH ETF has seen net outflows for a consecutive week, with data much worse than BTC, net outflow of $73.6 million. Since the ETF was approved, ETH has never had an independent market trend; one can only say there are no positive factors to save Ethereum.

3: Altcoins #bnb are highly volatile, driven by news, peaking at $613, while XRP, SOL, and ADA lack strong momentum.

🚦 BTC.D currently at 61.78%, Fear Index at 27 (Fear). The market's volatility is all driven by news. The Wall Street Journal reported that the Trump family intends to acquire Binance US, causing BNB to spike, but CZ tweeted to debunk the authenticity of this event. It can be seen that in a low liquidity environment, the market is easily manipulated.

Hot Events 🔥

1: The SEC has acknowledged Franklin's Solana ETF application. However, SOL's price did not show any volatility; people have demystified stories like ETFs.

2: BlackRock's BUIDL fund received a $200 million allocation from Ethena, with total funds exceeding $1 billion. This fund is jointly issued by BlackRock and Securitize, supported by U.S. Treasury bonds.

3: Coinbase's Chief Legal Officer stated that Vermont has withdrawn its lawsuit against Coinbase's staking services, which is very positive news for Ethereum ETF staking and some subsequent related cryptocurrency staking.

4: WIFI has completed the sale of all tokens, totaling two rounds. The first round sold 20% at 0.015, followed by an additional round selling 5% at 0.015, raising a total of $550 million. It's unclear how this project will be operated in the future.

5: Robinhood has launched PENGU POPCAT and PNUT; such significant positive news has not reflected in the K-line, indicating that the market has become extremely quiet.

🚦 Recently, everyone has been continuously posting reviews or summaries. After the PVP market passed, the market directly cooled down, and VC coins continue to stagnate. The market lacks innovation and discussions about the future. Aside from discussions about bull and bear markets, I believe the development cycle of the industry has reached a turning point. After the short-term pessimism, when will revolutionary innovations similar to DeFi Summer emerge? I encourage all leaders to discuss more.

2025/3/13 Crypto Market Hotspot Summary 🚨

MGX invests in Binance, CPI data is below expectations.

Mainstream Market 📈

1: #BTC remains in a narrow range above 80,000, with ETF finally starting to see a net inflow of 13.3 million USD, ARKB being the largest buyer.

2: #ETH has been hovering at a low level, with constant news showing that large holders are cutting losses and selling, prices have dropped to the point where many who bought during the bear market are starting to incur losses, and the positive expectations from ETF pledging are unable to influence prices. From various aspects including exchange rates, prices, and sentiment, it has fallen to a trough, with ETFs continuing to see a net outflow of 10.3 million USD.

3: Altcoins #bnb saw a slight increase due to positive news from MGX's investment, while other mainstream tokens had no independent market performance. The SOL chain remains quiet, but Base is somewhat more active.

🚦 BTC's market share continues to remain high, indicating that there is no significant risk appetite for funds. The market cap of stablecoins continues to increase, while the altcoin market led by ETH remains sluggish, with no innovations or hotspots on-chain. The U.S. stock market seems to show signs of stopping the decline, with Tesla and Nvidia both rebounding last night; future trends will depend on monetary and tariff policies.

Hot Events 🔥

1: The SEC has acknowledged the submission allowing Fidelity and Franklin Templeton to pledge the spot $ETH ETF documents.

2: CBOE, representing Franklin Templeton, submitted documents regarding the SOL ETF.

3: MGX announced a $2 billion investment in Binance, the largest single investment by a cryptocurrency company, with all investments completed through stablecoin payments.

4: U.S. inflation rate falls to 2.8%, with CPI data fully below expectations.

5: Hyperliquid was exploited by a whale, resulting in a loss of 3.3 million USD, with the whale profiting 1.857 million USD upon exit, and the project team adjusting mechanisms to lower contract limits.

🚦 Bottom consolidation needs time to digest; maintaining stability without decline or sideways movement is already a good outcome. The market no longer fantasizes about an altcoin season, with more discussions about whether Bitcoin can decouple from U.S. stocks and create an independent market, or whether the bull market is still present. There is liquidity in the market, but buying has ceased; the market has moved from on-chain PVP to secondary PVP, and everyone is smart money, not wanting to be the next holder.

2025/3/12 Crypto Market Hotspot Summary 🚨

312 Fifth Anniversary, E/B exchange rate hits a new low since 2022. Positive news.

Mainstream Market 📈

1: #BTC Once again surpasses 80,000 USD, with the highest rebound nearing 84,000 USD. The first choice for market bottom fishing remains Bitcoin, with BTC market share continuing to rise to 62%. In terms of ETFs, there is still a net outflow, with an outflow amount of 371 million USD.

2: #ETH Also welcomed a certain degree of rebound, but still weaker than Bitcoin. The ETH/BTC exchange rate has fallen below a new low for the year, dropping to levels not seen since June 2022. The ETF also saw a net outflow of 21.6 million USD, with Ethereum continuing to be the target of market criticism, while Vitalik has not made any social media statements for ten consecutive days.

3: Altcoins followed the overall market trend and experienced a rebound, but no one has emerged with an independent market trend. #banana surged over 40%, and it is still unknown what the positive news is, likely just a simple operation in market capitalization management by the whales.

🚦 On this special day of 312, the market has gradually returned to calm from the panic of the previous days. The market is still in a stage of oversold rebound, with no currency or sector showing counter-trend performance, indicating a continued lack of liquidity and new narratives. Bitcoin remains strong, and the fear index at 34 is still in a state of panic. Most people are still primarily engaged in short-term operations, bottom fishing for a rebound before exiting, while a minority are following high-leverage contracts, with a general bearish outlook.

Hot Events 🔥

1: The U.S. House of Representatives, with a bipartisan majority, passed a resolution with 291 votes to 132, overturning the IRS's broker rules targeting DeFi platforms.

2: Ukraine is preparing to accept the 30-day ceasefire proposal put forward by the U.S., and the U.S. will continue to restore aid to Ukraine, although it will still require the willingness of Russia.

3: Metaplanet will issue 2 billion yen in 0% ordinary bonds to purchase additional BTC.

4: CBOE submitted a proposal allowing Fidelity’s ETH ETF to stake.

5: The SEC postponed its decision on a range of cryptocurrency ETFs including SOL, XRP, LTC, and DOGE.

6: Hyperliquid's ‘insider whale’ again goes long 50x on ETH and 20x on BTC, with positions exceeding 100 million USD each.

🚦 Companies issuing bonds to buy Bitcoin, regulatory relaxation, ETH ETF staking, and the Russia-Ukraine ceasefire are all positive developments. However, community sentiment remains largely bearish, with most people writing small essays, managing funds in USDT, and then traveling, feeling a significant disconnection.

2025/3/11 Cryptocurrency Market Hotspot Summary 🚨

Double Kill for Stocks and Coins! Recession expectations are intensifying, and there is a strong risk-averse sentiment in the market.

Mainstream Market 📉

1: #BTC Bitcoin has dropped to a recent low of $76,600, which has wiped out all gains since the U.S. elections. ETFs continue to sell off, with a net outflow of $278 million. In the face of insufficient liquidity, investors are choosing to sell off assets to avoid risk.

2: #ETH has fallen to the levels of the 2022 bear market, dropping below $2,000, with a significant number of positions waiting to be liquidated on-chain. After the drop in Bitcoin, as liquidations were triggered, it briefly reached $1,750. The market sentiment for Ethereum is also grim, with a net outflow of $34 million from ETFs.

3: #Altcoin No altcoin is spared, with SOL dropping below $120 and ADA falling to $0.65. The relatively strong performer is still BNB, but given that platform tokens are often controlled by large holders, it is normal for them to drop less.

🚦 U.S. stocks collapsed upon opening, with #Tsla down over 15% and Nvidia also down 5%, completely resembling a stock market crash. The market is opting for safety due to concerns over Trump’s tariff policies and the risk of rising inflation. The entire crypto sector, whether #Coinbase or #Strategy, is experiencing significant declines.

Hot Events 🔥

1: @Michael Saylor indicates that Strategy has launched a $21 billion STRK financing plan to buy BTC, currently holding nearly 499,000 coins; however, MSTR still plummeted after the opening.

2: ARK Invest has bottom-fished in Tsla, Coinbase, and Robinhood, investing a total of $70 million. Cathie Wood stated that the market is digesting the final stages of economic recession, and Trump and Powell leading the Federal Reserve will give investors more freedom, laying the groundwork for deflation in the second half of 2025.

3: Liangxi has continuously hit contract positions, with last night's crash resulting in high leverage shorts making profits of several million dollars.

🚦 Bitcoin has completely followed U.S. stocks, while altcoins have become stagnant. Both mainstream coins and MEME coins have seen declines of over 70%. Since the beginning of 2025, both U.S. stocks and the cryptocurrency market have experienced major corrections, while Hong Kong stocks and the A-shares market have shown profitable effects. The east is rising while the west is falling in stock market performance, which is indeed happening. If no positive policies are introduced soon, the halt in U.S. stock declines will remain a looming sword over them.