BounceBit: New Exploration of Bitcoin Yields under the CeDeFi Model 🌌
In the vast galaxy of cryptocurrencies, Bitcoin shines like a dazzling star 🌟. For a long time, its main value has been reflected in its role as a store of value, resembling a silent giant lying in wait. But today, BounceBit has emerged like a vibrant comet 🌠, breaking the silence of Bitcoin with its innovative CeDeFi framework, embarking on a new journey of value release. The Power of Integration: CeDeFi framework reshaping the Bitcoin ecosystem 🔄 BounceBit innovatively combines centralized finance (CeFi) and decentralized finance (DeFi) to build a unique CeDeFi framework. This is not a simple splicing, but a deep integration transformation of financial models. In traditional understanding, CeFi attracts a large number of investors with its efficient trade execution, diverse financial products, and strong user support systems; DeFi stands out in the crypto world with its decentralization, transparency, and trustlessness 🚩. BounceBit merges the advantages of both, creating a new yield ecosystem for Bitcoin holders.
🎳July 21st Midday Market Insights.🎳 $BTC Insights: The major currency has broken through 117415 with volume, and the hourly level's closing price is above 117415, pursue long positions on the right side, with a stop loss if it breaks. A drop below 116735 with volume and an unsuccessful rebound should lead to pursuing short positions on the right side, with a stop loss if it recovers. Pay attention to the changes in volume and ensure to have stop losses in place. If a false breakdown occurs at 116275, add one more long position, with a stop loss at the false breakdown low or if it breaks below 115695. If it doesn't recover, do not add more. 🎳 The major currency has established stability above 117712 and is looking upward towards 118414-119607. If it cannot stay above 118414, it will be difficult to sustain the upward trend. When shorting the major currency, be cautious of a 2B false breakout appearing at 118414 for a short position; stop loss if it stabilizes above 119572. Conservative players wait: long at 113772, stop loss if it breaks below 112996. The major currency's 2-hour level box was falsely broken and recovered; it is currently rebounding upwards. If the rebound cannot break through the box's midpoint, it will continue to test the lower boundary of the box. This is a natural rebound followed by a second test; if the second test does not produce a lower low, it will stop falling. If the second test breaks below the neckline indicated by the yellow arrow, the left side's yellow boxed area will break through smoothly, as there isn't much accumulation of chips here after a rapid increase, leading to a major currency target of 114000. Pay attention to the box's midpoint; if it cannot break through, the market has not reversed but only rebounded. 🎳 Upper resistance 118509-119598-120687 Lower support 116332-115196-113776 At the 4-hour level, breaking below 116802 looks down towards 115672-115136, with a breakout below 116802 indicating the start of a 4-hour correction for the major currency.
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$ETH Thought Process: The secondary currency has broken through 3744 with volume, pursue long positions on the right side, with a stop loss if it recovers. A drop below 3708 with volume indicates pursuing short positions, with a stop loss in place.
On a pullback to 3676 confirms effective support, add one more long position, with a stop loss at 3632. The secondary currency has stabilized above 3762 and is looking upward towards 3820-3880. Watch for a short position at 3886 on the upside, with a stop loss at 3917. Left side orders: long at 3533, stop loss if it breaks below 3493. 🎳 Upper resistance 3762-3820-3880 Lower support 3715-3680-3637 At the 4-hour level, breaking below 3705 looks down towards 3679-3630. The secondary currency's wedge was broken through yesterday, followed by a large bearish candle forming a bearish engulfing pattern. When a bearish engulfing pattern appears, your long positions should exit, as it indicates a market correction is coming. Additionally, it has fallen back into the wedge and can only make a long position if it breaks out of the wedge; otherwise, it can only be a short-term long position before adjournment. $BTC #以太坊突破3700
It's time to stand up and show off after lying flat for so long🤣 $BTC 74000 and $ETH 1500 accurately bought the dip Did you seize the second half of the bull market? If you want to lie flat, follow Lao Bai to avoid getting lost~ #以太坊突破3700
On July 20, according to on-chain data, trader AguilaTrades holds over 2.45 million USD in unrealized profits from Ethereum short positions and over 80,000 USD from Bitcoin short positions. Their current position is as follows:
15x Ethereum short position (212,377,075.68 USD), opening price 3,586.79 USD, liquidation price 3,772.7 USD; 20x Bitcoin short position (141,353,340.35 USD), opening price 117,807.3 USD, liquidation price 129,630 USD. Will the short sellers become fuel for Ethereum's rise?
1. Trump officially signs the stablecoin "GENIUS Act", the first federal legislation on cryptocurrency in history officially takes effect. Will this law drive Bitcoin to soar?
Yi Li Hua: In this round, we insist that ETH continues to outperform BTC. Holding ETH means you won't miss this market opportunity. Odaily Planet Daily reported that LD Capital founder Yi Li Hua stated: "ETH has broken 3700. The weakness in the past few years has made everyone forget the bull markets of 2017 and 2020. ETH's ability to far outperform BTC has been validated in this round. In a bull market, do not short; at the very least, hold ETH, and you won't miss this market opportunity."
Explore the future of PayFi! @Huma Finance 🟣 is reshaping the financial landscape with Huma 2.0! Through Classic and Maxi models, individual investors can participate in real asset investments, with annual returns of up to 10.5% to 14.3%. On the Solana network, its transaction processing volume has exceeded 3.9 billion dollars, and the acquisition of Arf has further strengthened the momentum for development. Feather points and HUMA tokens are in the spotlight, are you ready to engage in this revolution of decentralized finance? #HumaFinance #PayFi #DeFi
ETH New Taipei is BlackRock. He wants to issue RWA, but must first ensure that the amount of compliant ETF ETH staked in the treasury exceeds 1/3, to guarantee the security of on-chain assets. So can ETH break new highs this time?
AVAIL, VENOM, ALT and other tokens will have a large unlock next week, with AVAIL unlocking approximately $18.9 million
AVAIL, VENOM, ALT and other tokens will have a large unlock next week, including:
Avail (AVAIL) will unlock approximately 972 million tokens at 4 PM Beijing time on July 23, accounting for 38.23% of the current circulation, valued at approximately $18.9 million;
Venom (VENOM) will unlock approximately 59.26 million tokens at 4 PM Beijing time on July 25, accounting for 2.84% of the current circulation, valued at approximately $13.4 million;
AltLayer (ALT) will unlock approximately 240 million tokens at 6 PM Beijing time on July 25, accounting for 6.39% of the current circulation, valued at approximately $8.9 million;
Sahara AI (SAHARA) will unlock approximately 84.27 million tokens at 8 PM Beijing time on July 26, accounting for 4.13% of the current circulation, valued at approximately $6.9 million;
SOON (SOON) will unlock approximately 41.88 million tokens at 4:30 PM Beijing time on July 23, accounting for 22.41% of the current circulation, valued at approximately $6.1 million
Yesterday, the net inflow of Ethereum spot ETF in the United States was $402.5 million, with BlackRock's ETHA net inflow at $394.9 million. Can Ethereum break new highs this time?
This cannabis company wants to ride the "crypto-stock narrative" and ended up buying a "Pixiu Coin"
Recently, the wave of publicly listed companies establishing cryptocurrency reserves has swept the globe. In a small city in northeastern Nevada, USA, a public company called Dogecoin Cash Inc. announced it would soon establish a subsidiary and allocate DOGE assets. However, prior to this, the company primarily provided online cannabis services and had created a subsidiary to purchase a large amount of tokens named "Dogecoin Cash." GMGN data shows that the liquidity of this token is below $4,000, and that "this token may be a Pixiu."
This cannabis company wants to ride the "crypto-stock narrative" and ended up buying a "Pixiu Coin"
Recently, the wave of publicly listed companies establishing cryptocurrency reserves has swept the globe. In a small city in northeastern Nevada, USA, a public company called Dogecoin Cash Inc. announced it would soon establish a subsidiary and allocate DOGE assets. However, prior to this, the company primarily provided online cannabis services and had created a subsidiary to purchase a large amount of tokens named "Dogecoin Cash." GMGN data shows that the liquidity of this token is below $4,000, and that "this token may be a Pixiu."