极道桃园 ETH broke below $3,500.00, currently at $3,495.44 ETH broke below $3,500.00, currently priced at $3,495.44. The market is volatile, Cointime reminds investors to pay attention to risk control. $WCT
极道桃园 Caixin: Hong Kong May Narrow the Scope of First Batch of Stablecoin Licenses to Three to Four Hong Kong may narrow the scope of the first batch of stablecoin licenses to three to four. The Hong Kong Monetary Authority (HKMA) has realized in its communications with the People's Bank of China that, under the framework of the regulatory memorandum, the main regulatory responsibilities and risks are concentrated in the HKMA. Several Chinese-funded banks with branches in Hong Kong and Chinese brokerages with branches in Hong Kong are eager to participate in compliant stablecoin businesses, including Bank of China Hong Kong, Bank of Communications Hong Kong, China Construction Bank (Asia), XinYin International, and Guotai Junan International, involving stablecoin issuance, custody, and other businesses. In addition, an insider stated in an interview related to stablecoins that China currently does not have a globally influential public chain. Another insider suggested that national-level backbone public chains should be led by central state-owned enterprises, while industry-level public chain construction can allow market competition. ⚡$WCT
极道桃园 ETH supply is approximately 122,373,866 coins, with about 4,604,490 coins burned under EIP1559. According to Etherscan data, the current ETH supply is approximately 122,373,866 coins, of which about 2,940,327 coins are staked in PoS, and approximately 4,604,490 coins have been burned under EIP1559. $WCT
极道桃园 Fundamental Global, the Ethereum treasury company, establishes the FG CVR Trust According to Globenewswire, the Nasdaq-listed company Fundamental Global announced the establishment of the FG CVR Trust after reaching a final agreement for $200 million in private financing. It is reported that the fund is registered in Delaware and aims to monetize and distribute various legacy assets and the proceeds from the liquidation of businesses. $WCT
Although the market previously expected altcoins to enter a period of prosperity, Bitcoin's dominance in this cycle is rising, which typically means that smaller altcoins will face difficulties.
Despite the broader altcoin market facing pressure from BTC dominance, the leading altcoin Ethereum still has an opportunity to turn the tide.
August will be a decisive month for Ethereum. If Ethereum can break through $4,000 quickly, it may trigger a strong rebound before the end of the year.
If it fails to break this resistance, the price may enter a phase of "slow decline," likely finding support in September and forming higher lows before attempting the next significant upward move.
While we all believe Ethereum will reach an all-time high this year, we must also acknowledge that it won't be a straight or easy path.
Ethereum is currently facing strong resistance around $3,950, failing to break through this resistance in recent days. This resistance has caused the price to retreat to key support levels.
Currently, Ethereum is testing the range of $3,500-$3,600; if the daily close falls below $3,500, it may further drop towards $3,200-$3,300.
The bull market cycle in the crypto market shows a phased liquidity characteristic, which can be used to assess market enthusiasm, but the end time of the bull market is difficult to predict accurately:
Bull Market Cycle Four Stages
First Stage: New funds first flow into Bitcoin, driving up its price and establishing the market tone.
Second Stage: After the Bitcoin rally begins, funds shift to large altcoins such as ETH and SOL, leading to a decline in Bitcoin's dominant position.
Third Stage: Investors turn to mid-cap and popular speculative tokens in pursuit of high returns, resulting in increased market volatility and speculative sentiment.
Fourth Stage: Meme coins become the focus (such as DOGE and SHIB), with prices driven by sentiment; their peak popularity often indicates the peak of the bull market. Historical data shows that after the total market cap of meme coins fell in October 2021, Bitcoin reached its peak in early November and then declined.
Signals for the End of the Bull Market
In market cycle patterns, the frenzy of meme coins is an important signal, but the crypto market is influenced by multiple factors, and the actual end time needs to be judged comprehensively in conjunction with the macro environment, capital flow, and other factors.
The bull market cycle in the crypto market shows a phased liquidity characteristic, which can be used to assess market enthusiasm, but the end time of the bull market is difficult to predict accurately:
Bull Market Cycle Four Stages
First Stage: New funds first flow into Bitcoin, driving up its price and establishing the market tone.
Second Stage: After the Bitcoin rally begins, funds shift to large altcoins such as ETH and SOL, leading to a decline in Bitcoin's dominant position.
Third Stage: Investors turn to mid-cap and popular speculative tokens in pursuit of high returns, resulting in increased market volatility and speculative sentiment.
Fourth Stage: Meme coins become the focus (such as DOGE and SHIB), with prices driven by sentiment; their peak popularity often indicates the peak of the bull market. Historical data shows that after the total market cap of meme coins fell in October 2021, Bitcoin reached its peak in early November and then declined.
Signals for the End of the Bull Market
In market cycle patterns, the frenzy of meme coins is an important signal, but the crypto market is influenced by multiple factors, and the actual end time needs to be judged comprehensively in conjunction with the macro environment, capital flow, and other factors.
Why Meme Coins Signal the End of the Bull Market Cycle
Meme coins mark the final phase of the crypto bull market, as they reflect a shift from rational investment to frenzy. At this point, any fundamental factors give way to sentiment (mainly greed). Meme tokens, which usually have almost no practical value, begin to dominate trading volume simply because they are popular on social media or supported by the community.
Historically, this pattern has repeated during each major rally. In 2017, it was those low-quality initial coin offerings (ICOs) without products. In the second half of 2021, SHIB soared 1200% during the second wave of crypto price increase and began to decline at the end of October. There was a two-week gap before Bitcoin started to drop in early November, providing a good warning for all investors.
Every time a new crypto craze emerges, it is accompanied by excessive participation from retail investors, a sharp decline in Bitcoin's dominance, and ultimately leads to a crash in market prices. Meme coins from past crypto booms attracted the latest wave of liquidity, often coming from inexperienced investors seeking quick profits, indicating that the market was overheating.
Conclusion Cryptocurrency trends exhibit cyclical changes, which largely depend on the flow of funds from large-cap projects to small-cap projects. While it is impossible to accurately predict tops and bottoms, understanding the structure of bull market cycles based on human psychology will help you find the best entry and exit points in the crypto market. Pay attention to the flow of funds, identify trends and signs of frenzy, and always have a good profit-taking plan.
Why Meme Coins Signal the End of the Bull Market Cycle
Meme coins mark the final phase of the crypto bull market, as they reflect a shift from rational investment to frenzy. At this point, any fundamental factors give way to sentiment (mainly greed). Meme tokens, which usually have almost no practical value, begin to dominate trading volume simply because they are popular on social media or supported by the community.
Historically, this pattern has repeated during each major rally. In 2017, it was those low-quality initial coin offerings (ICOs) without products. In the second half of 2021, SHIB soared 1200% during the second wave of crypto price increase and began to decline at the end of October. There was a two-week gap before Bitcoin started to drop in early November, providing a good warning for all investors.
Every time a new crypto craze emerges, it is accompanied by excessive participation from retail investors, a sharp decline in Bitcoin's dominance, and ultimately leads to a crash in market prices. Meme coins from past crypto booms attracted the latest wave of liquidity, often coming from inexperienced investors seeking quick profits, indicating that the market was overheating.
Conclusion Cryptocurrency trends exhibit cyclical changes, which largely depend on the flow of funds from large-cap projects to small-cap projects. While it is impossible to accurately predict tops and bottoms, understanding the structure of bull market cycles based on human psychology will help you find the best entry and exit points in the crypto market. Pay attention to the flow of funds, identify trends and signs of frenzy, and always have a good profit-taking plan.
Why Meme Coins Signal the End of the Bull Market Cycle
Meme coins mark the final phase of the crypto bull market, as they reflect a shift from rational investment to frenzy. At this point, any fundamental factors give way to sentiment (mainly greed). Meme tokens, which usually have almost no practical value, begin to dominate trading volume simply because they are popular on social media or supported by the community.
Historically, this pattern has repeated during each major rally. In 2017, it was those low-quality initial coin offerings (ICOs) without products. In the second half of 2021, SHIB soared 1200% during the second wave of crypto price increase and began to decline at the end of October. There was a two-week gap before Bitcoin started to drop in early November, providing a good warning for all investors.
Every time a new crypto craze emerges, it is accompanied by excessive participation from retail investors, a sharp decline in Bitcoin's dominance, and ultimately leads to a crash in market prices. Meme coins from past crypto booms attracted the latest wave of liquidity, often coming from inexperienced investors seeking quick profits, indicating that the market was overheating.
Conclusion Cryptocurrency trends exhibit cyclical changes, which largely depend on the flow of funds from large-cap projects to small-cap projects. While it is impossible to accurately predict tops and bottoms, understanding the structure of bull market cycles based on human psychology will help you find the best entry and exit points in the crypto market. Pay attention to the flow of funds, identify trends and signs of frenzy, and always have a good profit-taking plan.
Why Meme Coins Signal the End of the Bull Market Cycle
Meme coins mark the final phase of the crypto bull market, as they reflect a shift from rational investment to frenzy. At this point, any fundamental factors give way to sentiment (mainly greed). Meme tokens, which usually have almost no practical value, begin to dominate trading volume simply because they are popular on social media or supported by the community.
Historically, this pattern has repeated during each major rally. In 2017, it was those low-quality initial coin offerings (ICOs) without products. In the second half of 2021, SHIB soared 1200% during the second wave of crypto price increase and began to decline at the end of October. There was a two-week gap before Bitcoin started to drop in early November, providing a good warning for all investors.
Every time a new crypto craze emerges, it is accompanied by excessive participation from retail investors, a sharp decline in Bitcoin's dominance, and ultimately leads to a crash in market prices. Meme coins from past crypto booms attracted the latest wave of liquidity, often coming from inexperienced investors seeking quick profits, indicating that the market was overheating.
Conclusion Cryptocurrency trends exhibit cyclical changes, which largely depend on the flow of funds from large-cap projects to small-cap projects. While it is impossible to accurately predict tops and bottoms, understanding the structure of bull market cycles based on human psychology will help you find the best entry and exit points in the crypto market. Pay attention to the flow of funds, identify trends and signs of frenzy, and always have a good profit-taking plan.
Why Meme Coins Signal the End of the Bull Market Cycle
Meme coins mark the final phase of the crypto bull market, as they reflect a shift from rational investment to frenzy. At this point, any fundamental factors give way to sentiment (mainly greed). Meme tokens, which usually have almost no practical value, begin to dominate trading volume simply because they are popular on social media or supported by the community.
Historically, this pattern has repeated during each major rally. In 2017, it was those low-quality initial coin offerings (ICOs) without products. In the second half of 2021, SHIB soared 1200% during the second wave of crypto price increase and began to decline at the end of October. There was a two-week gap before Bitcoin started to drop in early November, providing a good warning for all investors.
Every time a new crypto craze emerges, it is accompanied by excessive participation from retail investors, a sharp decline in Bitcoin's dominance, and ultimately leads to a crash in market prices. Meme coins from past crypto booms attracted the latest wave of liquidity, often coming from inexperienced investors seeking quick profits, indicating that the market was overheating.
Conclusion Cryptocurrency trends exhibit cyclical changes, which largely depend on the flow of funds from large-cap projects to small-cap projects. While it is impossible to accurately predict tops and bottoms, understanding the structure of bull market cycles based on human psychology will help you find the best entry and exit points in the crypto market. Pay attention to the flow of funds, identify trends and signs of frenzy, and always have a good profit-taking plan.
Why Meme Coins Signal the End of the Bull Market Cycle
Meme coins mark the final phase of the crypto bull market, as they reflect a shift from rational investment to frenzy. At this point, any fundamental factors give way to sentiment (mainly greed). Meme tokens, which usually have almost no practical value, begin to dominate trading volume simply because they are popular on social media or supported by the community.
Historically, this pattern has repeated during each major rally. In 2017, it was those low-quality initial coin offerings (ICOs) without products. In the second half of 2021, SHIB soared 1200% during the second wave of crypto price increase and began to decline at the end of October. There was a two-week gap before Bitcoin started to drop in early November, providing a good warning for all investors.
Every time a new crypto craze emerges, it is accompanied by excessive participation from retail investors, a sharp decline in Bitcoin's dominance, and ultimately leads to a crash in market prices. Meme coins from past crypto booms attracted the latest wave of liquidity, often coming from inexperienced investors seeking quick profits, indicating that the market was overheating.
Conclusion Cryptocurrency trends exhibit cyclical changes, which largely depend on the flow of funds from large-cap projects to small-cap projects. While it is impossible to accurately predict tops and bottoms, understanding the structure of bull market cycles based on human psychology will help you find the best entry and exit points in the crypto market. Pay attention to the flow of funds, identify trends and signs of frenzy, and always have a good profit-taking plan.
Why Meme Coins Signal the End of the Bull Market Cycle
Meme coins mark the final phase of the crypto bull market, as they reflect a shift from rational investment to frenzy. At this point, any fundamental factors give way to sentiment (mainly greed). Meme tokens, which usually have almost no practical value, begin to dominate trading volume simply because they are popular on social media or supported by the community.
Historically, this pattern has repeated during each major rally. In 2017, it was those low-quality initial coin offerings (ICOs) without products. In the second half of 2021, SHIB soared 1200% during the second wave of crypto price increase and began to decline at the end of October. There was a two-week gap before Bitcoin started to drop in early November, providing a good warning for all investors.
Every time a new crypto craze emerges, it is accompanied by excessive participation from retail investors, a sharp decline in Bitcoin's dominance, and ultimately leads to a crash in market prices. Meme coins from past crypto booms attracted the latest wave of liquidity, often coming from inexperienced investors seeking quick profits, indicating that the market was overheating.
Conclusion Cryptocurrency trends exhibit cyclical changes, which largely depend on the flow of funds from large-cap projects to small-cap projects. While it is impossible to accurately predict tops and bottoms, understanding the structure of bull market cycles based on human psychology will help you find the best entry and exit points in the crypto market. Pay attention to the flow of funds, identify trends and signs of frenzy, and always have a good profit-taking plan.
$BNB The people and events in life may each be worth looking forward to! Perhaps those beautiful moments from the past will occasionally appear in your mind! As the saying goes, after enduring the storms for another year, the hardships in the heart remain unspoken! Time has taught us to grow, yet inadvertently, it has taken away many things! Just as some people often say, time is always silent! Yet it answers everyone ❤️ Finally, returning to the current state of the cryptocurrency world is the same; it seems prosperous, but in reality, it is fraught with dangers! For now, shorting at high positions is the way to survive!