__ywc__

#比特币流动性危机

Since the price of Bitcoin broke a new high on 7/14, its recent performance has stagnated as if it has run out of steam, and after 7/28, there has been a gradual decline for several days. The volatility has not been as intense as before, and the market has begun to worry about insufficient inflow of funds, making it difficult to support further breakthroughs.

In this ongoing consolidation scenario, it may lead to funds expecting Bitcoin to break through choosing to leave the market, turning to other markets with higher volatility and growth potential, such as Ethereum, thereby increasing liquidity risk and downward price pressure.

However, in recent performance, it can be seen that Bitcoin still has the potential for continued upward breakthroughs. On 8/11, it even reached a price level of 122,355, just about 1,000 points away from the new high of 123,218. Once it breaks through, it is expected to attract more funds to enter the market, reducing the possible liquidity crisis.

$TREE Personal Analysis

tree is considered a relatively young project, and there is not much price information to refer to. However, at the moment, it appears relatively weak, with a generally bearish outlook in the short term.

From the performance of the line chart, it can be seen that it is currently still close to the MA7, and the MA7 is showing a downward bend, indicating a bearish outlook in the short term, although the momentum is not strong, and it may enter a consolidation phase later.

From the performance of the depth chart, the recent selling pressure area is around 0.487, while the support area has strong buying demand at 0.11. Therefore, the overall outlook remains bearish.

First resistance area: 0.487
Current price: 0.4128
First support area: 0.4 (integer level, recent low)
Second support area: 0.3 (integer level, issuance price)
Third support area: 0.11 (buying demand area)

#WOTD

8/11 ~ 8/17
Subject: SAFU Trading

3 characters:
4 characters: seed
5 characters:
6 characters: wallet
7 characters:
8 characters:

8/11 wallet
8/12 seed

#香港稳定币新规

According to the Hong Kong Monetary Authority (HKMA) announcement, the new stablecoin regulatory policy will officially be implemented on August 1st. It is noteworthy that this policy is also the first stablecoin regulatory framework in Asia, which has a great chance of becoming a reference for neighboring Asian countries in stablecoin regulation, and may accelerate the progress of regulatory legislation in other countries.

According to the new stablecoin regulations, all stablecoin providers offering services in Hong Kong must meet certain capital thresholds and must also satisfy requirements for full reserves, information disclosure, and anti-money laundering management systems to obtain a license to provide services; otherwise, they will be forced to cease operations.

Although this new regulation can significantly enhance the confidence of stablecoin holders and reduce money laundering risks, the higher capital thresholds may pose certain capital barriers for new stablecoin providers. Furthermore, under this framework, mandatory KYC verification for users will significantly reduce user privacy in transactions and increase the compliance technical difficulties for stablecoin providers.

$ENA Personal Analysis

Today's ENA price is 0.5941, close to MA7, expected to maintain a consolidation pattern in the short term.

Since the explosive breakout on 7/11 from the previous consolidation state, ENA has shown a significant increase, with a recent peak at 0.7000 on 7/28. It has since oscillated around MA7, and it still seems likely to continue this oscillation state.

Regarding support and resistance, based on the performance on 8/2 and 8/3, MA25 remains a favorable support level. However, considering the price barriers and recent high points, 0.700 will be the current resistance area, and the depth chart shows strong selling pressure at this resistance area, making it difficult to break through.

Current Support and Resistance Areas

First Resistance Area: 0.70 (recent high point, strong selling pressure area on depth chart)
Current Price: 0.5941
First Support Area: 0.50 ~ 0.52 (MA25)
Second Support Area: 0.33 ~ 0.35 (MA99, trend starting point)

#Solana期货交易量创新高

In July of this year, the trading volume of SOL futures at the Chicago Mercantile Exchange (CME) reached a record high, with trading volume soaring from 2.3 billion USD in June to 8.1 billion USD in July, an increase of about 2.5 times, breaking the highest trading volume record since the product was launched.

This significant increase in trading volume reflects investors' interest in SOL, which is beneficial for the development of the Solana ecosystem and also advantageous for further increasing SOL spot trading volume. Additionally, it is expected to potentially accelerate the promotion of future SOL spot ETFs or other financial products, and may drive the trading volume and ecosystem of other L1 chain-type cryptocurrencies.

$CFX Personal Opinion

Today's CFX price is 0.2108, close to MA7, with recent market trends leaning towards a fluctuating pattern.

In the short term, it is expected to continue oscillating around MA7. However, MA7 is showing an upward trend, and it is anticipated that it will gradually rise amidst ongoing fluctuations. Currently, the chart still shows resistance near 0.23, but based on the depth chart, selling pressure is not significant, indicating a high chance of breaking through that level. Furthermore, the moving averages are in a bullish arrangement, suggesting continued upward movement.

Expected short-term support and resistance levels:
Third resistance zone: 0.30 (whole number level, selling pressure area on depth chart)
Second resistance zone: 0.28 (recent high)
First resistance zone: 0.22 ~ 0.23 (highest prices on 7/20 and 7/30)
Current price: 0.2108
First support zone: 0.175 (recent low)
Second support zone: 0.1319 (MA25)
Third support zone: 0.105 (consolidation area from 7/11 to 7/19)

#WOTD
8/4 ~ 8/10
Subject: AI innovation

3 characters:
4 characters: risk, cost
5 characters: model
6 characters: custom
7 characters: privacy
8 characters: language, security

8/4 risk
8/5 custom
8/6 language
8/7 cost
8/8 privacy
8/9 model
8/10 security

$BNB Personal Opinion

Currently, BNB remains in a strong state, consistently staying above the MA7, with moving averages showing a bullish arrangement. However, the 7% increase since 7/27 has deviated from the moving averages, and the significant selling performance on 7/28 still indicates a slowdown in its growth momentum. The short-term expectation is to maintain a flat oscillation, with a clearer trend expected only after breaking through the 845 price level from 7/27 or falling below MA7.

Second Resistance Area: 861 (Previous High)
First Resistance Area: 845
Current Price: 828
First Support Area: 803 (MA7)
Second Support Area: 776 (Closing on 7/23)
Third Support Area: 730 (MA25)

From a mid to long-term perspective, BNB still has a higher probability of challenging the 1000 level within this year, and Binance currently still maintains its leading position, remaining optimistic in the long run.

#wodl #WOTD
7/28 ~ 8/3
Subject: margin trading

3 characters:
4 characters: risk
5 characters: level, price, token
6 characters: return
7 characters: average
8 characters: interest

7/28 level
7/29 price
7/30 risk
7/31 token
8/1 return
8/2 average
8/3 interest

#WOTD
7/21 ~ 7/27
Subject sharia earn

3 words:
4 words: fund
5 words: stake, halal, faith
6 words: simple, amanie
7 words: islamic
8 words:

7/21 stake
7/22 halal
7/23 simple
7/24 amanie
7/25 fund
7/26 islamic
7/27 faith

#wodl
7/14 ~ 7/20 Binance UI Refined
7/14 insight
7/15 layout
7/16 widget
7/17 style
7/18 flexible
7/19 grid
7/20 navigate

4 words: grid
5 words: style
6 eords: layout, widget
7 words: insight
8 words: flexible, navigate

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7/13 ticket

7/13 tocket

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7/12 world

3000 of $ETH

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7/11 reward