Anonymous-User-4365cxcel

ᐅ Cultivate patience and eliminate greed.
ᐅ Wait for a calm trading opportunity.
ᐅ The real bottom is flat.
ᐅ Admit defeat in time and stop loss in time.

$BLZ Cut Meat to Feed Tiger

The panic will last for a while! #BTC下跌分析

The market is always unexpected, and things you think are impossible will be slapped in the face not long after.

$BLZ encountered short selling by (sksnnn), but it has approached the strong support level of around 0.23.

The price of ether has barely budged despite the U.S. Securities and Exchange Commission approving eight spot ether exchange-traded funds (ETFs). Crypto commentator Zach Rynes said those interested in buying based on the approval have already done so. Ether has surged 29% over the past week amid rumors of a change in the SEC’s stance on ETF approval. However, while approved, these ETFs are still waiting for permission to issue and for approved S-1 filings. Rynes predicts that once the ETFs start to see inflows, the price of ether will surge, but others warn that this may not lead to an immediate uptrend.
$ETH

Orange Book: Crypto Impotence
A terrible boredom is spreading in the Crypto world, like the Black Death. No one knows where it started, but before you know it, you find that this disease is everywhere. Looking back, I may have been infected at the beginning of the year. At that time, I felt: "I don't know if it's because the end of the year is approaching. I have suddenly lost interest in some things recently. I feel like "doing a temple in a snail shell". It is not air, but it is not fun enough. This embarrassment in the middle makes people feel uncomfortable. People have a mid-life crisis, and the country has a middle-income trap. It feels that the currency circle is now stuck in the middle road quagmire. The size is not small, and it is not the rookie of the year, but it can't come up with a product that can really be full of applause. New things are also being explored, but, hey, it's hard to say."
I thought it was just an occasional emotion, but I didn't expect this embarrassing situation to improve at all. On the surface, they don't take over each other. Retail investors look down on VC, and VC looks down on MEME. Looking inside, the Crypto industry can no longer support the current inflated market value.
Maybe this is just a short-term gap, maybe in two months, there will be a flood of liquidity to save us. But one thing is becoming more and more obvious, the Crypto industry has not created enough real value, and it still hasn't after so many years. In the past, we could say "it's still early", but this reason is becoming less and less valid.
Maybe an Atari crash can clear out the bizarre glitz of the Crypto industry and force developers to think carefully about who has created value for this product we developed? Is there no other use except adding a new target for currency speculation?

It is not recommended to chase high at the 20% level.
Wait for the callback after overbought.
#5月市场关键事件
#以太坊ETF批准预期

Try to block out the voices of the leeks in the square around you, such as the bull market is over, the bear market is coming, and everyone should run away. They are leeks, and they come to the cryptocurrency circle to give money. If you follow their rhythm, you can only give money with them.

Today's BTC is highly centralized. This reminds me of the history of the Opium War and the abolition of the silver standard... When all the silver flowed to the Qing Dynasty, it no longer had monetary value.
$BTC

Uniswap CEO Hayden Adams has urged President Biden to reconsider his administration's approach to cryptocurrency regulation, warning that it could influence voters' decisions in the upcoming election. Adams criticized the administration for allowing Senator Elizabeth Warren and the SEC to "wage all-out war" on cryptocurrencies. He also noted that Republicans are increasingly accepting cryptocurrencies. Since taking office, Biden has established a regulatory framework for digital assets and appointed Gary Gensler as chairman of the SEC, under whose leadership enforcement actions against cryptocurrency companies have increased. This has drawn criticism from many in the cryptocurrency industry.

Big news in the world of crypto! The U.S. House of Representatives voted to pass a bill that overturns the SEC’s guidelines that prohibit banks from holding cryptocurrencies. However, President Biden’s administration plans to veto any resolution that affects the SEC’s cryptocurrency policy.
Meanwhile, the Australian Taxation Office is seeking data on 1.2 million cryptocurrency users to combat cryptocurrency tax obligations. Unlike other foreign currencies, cryptocurrencies are taxable assets in Australia.
In South Korea, the ruling Democratic Party is urging the Financial Services Commission to reconsider its stance on Bitcoin ETFs. This comes after the party won the recent election.
Finally, Binance has received approval to offer services in India, becoming the second offshore cryptocurrency exchange to receive regulatory approval after KuCoin. Previously, several foreign cryptocurrency exchanges received non-compliance notices in December 2023.

Shenyu: Up to one billion users' cloud input methods may have leaked input content
Shenyu, co-founder of F2Pool and Cobo, tweeted that up to one billion users' cloud input methods may have leaked input content. If you have entered mnemonics or other sensitive information through any of the listed cloud input methods (including eight manufacturers such as Baidu, Honor, iFlytek, OPPO, Samsung, and Tencent), it is recommended to take immediate measures to reduce risks. The full report shows that the team estimates that up to one billion users are affected by these vulnerabilities. Several mobile phone manufacturers have built-in these vulnerable input method programs in the operating system. Except for Baidu Input Method, mobile phone manufacturers have now patched these vulnerabilities in the built-in input method. For the built-in Baidu Input Method, Honor has not patched any vulnerabilities at all, and the rest of the manufacturers have only patched some of the most serious vulnerabilities.

The 2024 general election will coexist with chaos. The authorities will cut interest rates to save the market in order to get votes. The current decline is to contrast the later rise and at the same time allow interest groups to get low-priced chips. The 2025 bull market will eventually come!
All bad news is for the chips in your hand!
#BTC下跌分析
#大盘分析
[Long-term trends](https://www.binance.com/square/post/7521924006466?ref=654000001&utm_campaign=app_square_share_link&utm_source=copylink)

Open interest (OI) for major cryptocurrencies such as XRP, Solana, and Dogecoin has dropped significantly, falling a combined 51% last month. Dogecoin led the way with a 64% drop, followed by Solana and XRP, which fell 47% and 44%, respectively. Market instability and uncertainty, especially after the Bitcoin halving event, fueled this trend. Bitcoin and Ethereum open interest also fell, while prices across the market fell. During this period, Bitcoin's dominance rose by 2.13%, indicating a rotation of capital from altcoins to Bitcoin.

Bitcoin (BTC) is facing heavy selling pressure and is expected to decline slightly by about 2% this week. Analyst Rekt Capital warned that Bitcoin has entered the "danger zone" and could fall in the next two weeks. Meanwhile, Bitcoin ETFs saw a net outflow of $218 million. Bitcoin's price has been fluctuating between $59,600 and $73,777, indicating indecision among traders. Other cryptocurrencies that show potential for recovery include Near Protocol (NEAR), Arweave (AR), Core (CORE), and Bonk (BONK). However, the market remains unpredictable, with both bulls and bears fighting for control.

Those who say "short it for me" in the market actually want to add positions or pick up bargains, and those who say "it's about to explode" or "it's about to pull up" actually want others to carry the sedan chair for him/her to sell. 👽

$BTC Bitcoin halving data:
Time: 8:00 Beijing time on April 20
Block height: The fourth halving was completed at 840,000.
Reward changes: After halving, the BTC block reward was reduced from 6.25 BTC to 3.125 BTC.
Price at halving: 63,000 US dollars.

Mempool data shows that block 839,999 was mined by SBI Crypto and block 840,000 was mined by ViaBTC, containing a total of 3050 transactions, and the block reward (including handling fees) reached 40.751 BTC. At present, the priority transaction fee in the Bitcoin network has risen to 1159 satoshis/byte, and the average block time is about 9.8 minutes.

The Glassnode article points out that compared with past halvings, Bitcoin's market dynamics have matured significantly, which may reduce the direct impact of new Bitcoin issuance on market prices. ETFs are key players in the market, and their activities may mask the historical impact of halvings. Although miners add about 900 BTC to the market every day, Bitcoin ETFs often buy more Bitcoin, significantly affecting supply levels and market liquidity.

Since the beginning of the year, Bitcoin ETFs have preempted the impact of supply halving by acquiring a large number of BTC; halving may not affect ETF flows, at least in the short term, as investor demand is already strong; regardless of the situation, the market may need to prepare for volatility in Bitcoin's short-term trading, and perhaps for ETF flows after halving.

#大盘走势 #比特币减半