Binance Square

币姥爷

Open Trade
Frequent Trader
7.8 Years
2017年老韭菜,推特@bilaoye2077,2024百大创作者||套利教学&节省手续费看置顶文章
41 Following
27.7K+ Followers
31.1K+ Liked
3.1K+ Shared
All Content
Portfolio
--
See original
Summary of Some Content1、[《交易手续费有多夸张?》](https://www.binance.com/zh-CN/square/post/21472701842546) 2、[《牛市杀器:资金费率套利介绍》](https://www.binance.com/zh-CN/square/post/15589692235562) 3、[《12月10日与6日暴跌复盘:不容忽视的资金费率及潜在机会》](https://www.binance.com/zh-CN/square/post/17360390925890) 4、[《市场出现一致性看空》](https://www.binance.com/zh-CN/square/post/21354386897289)

Summary of Some Content

1、[《交易手续费有多夸张?》](https://www.binance.com/zh-CN/square/post/21472701842546)

2、《牛市杀器:资金费率套利介绍》

3、《12月10日与6日暴跌复盘:不容忽视的资金费率及潜在机会》

4、《市场出现一致性看空》
See original
June 17, 2025 Today's market is doing fairly well. Although it has experienced some ups and downs, it has already moved away from the lower prices of the past few days. The current price can go either way. Looking at Bitcoin's trend, it is still quite strong, hovering around $110,000, just a step away from a new high. However, based on the current trend analysis, the probability of a short-term breakthrough at this resistance level is low. It is expected that there will be attempts to break through later, and we will see how the market behaves at that time. Today's alpha performance has been quite good. SPK can be sold for over $100, which is relatively good compared to the recent few tens of dollars. Now, the alpha feels a bit tasteless yet regrettable to discard. With the end of today's distribution, a large number of people will stop claiming. This trend has ultimately turned into a competition for free gains, which has limited impact on the cryptocurrency market. Additionally, it is worth mentioning that Brother Sun has teamed up with a U.S. stock company to create a Tron version of a micro-strategy. I must say, when it comes to stirring things up and riding the wave, Brother Sun is unmatched. However, the TRX micro-strategy has limited impact on the overall market since it has lost credibility in the crypto space. I am still looking forward to the Ethereum version of the micro-strategy because, although it is also a micro-strategy, there is a difference between third-party involvement and self-managed strategies. As for the market, we are still mainly waiting. I hope everyone can get through this dull period smoothly. I have taken a 20% position for swing trading to prevent repeated fluctuations in the market. So far, I have indeed made a few small swings, but relative to the upcoming one-sided bull market, these can be overlooked. The second half of the year's market is worth holding onto. Thank you for your attention and likes.
June 17, 2025

Today's market is doing fairly well. Although it has experienced some ups and downs, it has already moved away from the lower prices of the past few days. The current price can go either way. Looking at Bitcoin's trend, it is still quite strong, hovering around $110,000, just a step away from a new high. However, based on the current trend analysis, the probability of a short-term breakthrough at this resistance level is low. It is expected that there will be attempts to break through later, and we will see how the market behaves at that time.

Today's alpha performance has been quite good. SPK can be sold for over $100, which is relatively good compared to the recent few tens of dollars. Now, the alpha feels a bit tasteless yet regrettable to discard. With the end of today's distribution, a large number of people will stop claiming. This trend has ultimately turned into a competition for free gains, which has limited impact on the cryptocurrency market.

Additionally, it is worth mentioning that Brother Sun has teamed up with a U.S. stock company to create a Tron version of a micro-strategy. I must say, when it comes to stirring things up and riding the wave, Brother Sun is unmatched. However, the TRX micro-strategy has limited impact on the overall market since it has lost credibility in the crypto space. I am still looking forward to the Ethereum version of the micro-strategy because, although it is also a micro-strategy, there is a difference between third-party involvement and self-managed strategies.

As for the market, we are still mainly waiting. I hope everyone can get through this dull period smoothly. I have taken a 20% position for swing trading to prevent repeated fluctuations in the market. So far, I have indeed made a few small swings, but relative to the upcoming one-sided bull market, these can be overlooked. The second half of the year's market is worth holding onto.

Thank you for your attention and likes.
See original
June 16, 2025 How ruthless is Dog House? Just look at yesterday's ZKJ trend to know, it dropped 90% in one day. However, according to on-chain data, it is highly likely that the ZKJ and KOGE trading pair was exploited, with KOGE dumping a large amount of KGOE using this trading pair, and then smashing the ZKJ obtained. In any case, those who added liquidity to ZKJ are suffering heavy losses, and some who happened to encounter the crash while boosting volume are also being affected. Alpha seems likely to trap many people at this point. Avoid getting involved in crowded places, especially when it comes to yield farming with added LP, as this can be a bit counterproductive. Additionally, this once again reminds us that so-called altcoin market caps are castles in the air, with no real liquidity support; everything is an illusion. Once you are deceived by the false appearances created by the main players, you will develop an inexplicable belief, thinking that this price is stable and low, only to be brutally cut down by the main players in the end. Back to the market, after stabilizing following the decline, the market has been flat for a few days, but today it has pulled up again. Although it hasn't broken the new high yet, the strong sentiment is back. Next, it is anticipated that Ethereum will likely lead the market. The key question now is whether Bitcoin can break the highest point of $110,000; if it doesn't, there will still be volatile market conditions. Fortunately, time is still on our side, so maintain your positions and continue to wait. As for the US stock market, the trend remains good, currently just one new high away. I have to say, the US stock market is really strong; a previous large bearish candle has already been repaired. If a new high can be reached soon, or if the next few months continue to see crazy trends after new highs, the cryptocurrency market will definitely be affected. After all, with the high interest rates in the US dollar for so long, there will be more funds flowing into the market after rate cuts, and the cryptocurrency market will be one of the beneficiaries. Thank you for your attention.
June 16, 2025

How ruthless is Dog House? Just look at yesterday's ZKJ trend to know, it dropped 90% in one day. However, according to on-chain data, it is highly likely that the ZKJ and KOGE trading pair was exploited, with KOGE dumping a large amount of KGOE using this trading pair, and then smashing the ZKJ obtained. In any case, those who added liquidity to ZKJ are suffering heavy losses, and some who happened to encounter the crash while boosting volume are also being affected. Alpha seems likely to trap many people at this point.

Avoid getting involved in crowded places, especially when it comes to yield farming with added LP, as this can be a bit counterproductive. Additionally, this once again reminds us that so-called altcoin market caps are castles in the air, with no real liquidity support; everything is an illusion. Once you are deceived by the false appearances created by the main players, you will develop an inexplicable belief, thinking that this price is stable and low, only to be brutally cut down by the main players in the end.

Back to the market, after stabilizing following the decline, the market has been flat for a few days, but today it has pulled up again. Although it hasn't broken the new high yet, the strong sentiment is back. Next, it is anticipated that Ethereum will likely lead the market. The key question now is whether Bitcoin can break the highest point of $110,000; if it doesn't, there will still be volatile market conditions. Fortunately, time is still on our side, so maintain your positions and continue to wait.

As for the US stock market, the trend remains good, currently just one new high away. I have to say, the US stock market is really strong; a previous large bearish candle has already been repaired. If a new high can be reached soon, or if the next few months continue to see crazy trends after new highs, the cryptocurrency market will definitely be affected. After all, with the high interest rates in the US dollar for so long, there will be more funds flowing into the market after rate cuts, and the cryptocurrency market will be one of the beneficiaries.

Thank you for your attention.
See original
June 15, 2025 The market suddenly crashed again. Although I was cautious about this pressure point, the extent of the drop was unexpected. The main reason is the rekindling of war in the Middle East, with Israel launching airstrikes on Iran. However, during this wave, oil and gold prices have risen, which makes the sharp decline in Bitcoin somewhat puzzling, after all, it is considered digital gold. The good news is that despite this, Bitcoin did not fall below 100,000. On the other hand, Ethereum experienced a significant drop, and many altcoins also plummeted. This wave of market activity, coupled with multiple unsuccessful breakthroughs of pressure points, indicates that we are likely to enter a period of consolidation once again, which could last for several weeks. From the current trend, it still aligns relatively well with the consolidation trend, as Bitcoin has returned to 105,000, signaling that it does not want to fall further. Currently, Ethereum and other altcoins appear weak, and this trend may persist for 1-2 weeks. As for whether there will be another rebound to rise, it remains to be seen. Overall, the rhythm of this bull market is still acceptable. One factor is that Bitcoin has already attempted new highs early (the so-called early is in comparison to our expectation that it would officially start in late month). Another point is that Ethereum is performing stronger than before, which is a guarantee for the future altcoin market. Of course, it should be emphasized again that the collective irrational surge of altcoins has become history; even in a bull market, we must maintain reasonable expectations. Thank you for your attention.
June 15, 2025

The market suddenly crashed again. Although I was cautious about this pressure point, the extent of the drop was unexpected. The main reason is the rekindling of war in the Middle East, with Israel launching airstrikes on Iran. However, during this wave, oil and gold prices have risen, which makes the sharp decline in Bitcoin somewhat puzzling, after all, it is considered digital gold.

The good news is that despite this, Bitcoin did not fall below 100,000. On the other hand, Ethereum experienced a significant drop, and many altcoins also plummeted. This wave of market activity, coupled with multiple unsuccessful breakthroughs of pressure points, indicates that we are likely to enter a period of consolidation once again, which could last for several weeks.

From the current trend, it still aligns relatively well with the consolidation trend, as Bitcoin has returned to 105,000, signaling that it does not want to fall further. Currently, Ethereum and other altcoins appear weak, and this trend may persist for 1-2 weeks. As for whether there will be another rebound to rise, it remains to be seen.

Overall, the rhythm of this bull market is still acceptable. One factor is that Bitcoin has already attempted new highs early (the so-called early is in comparison to our expectation that it would officially start in late month). Another point is that Ethereum is performing stronger than before, which is a guarantee for the future altcoin market. Of course, it should be emphasized again that the collective irrational surge of altcoins has become history; even in a bull market, we must maintain reasonable expectations.

Thank you for your attention.
See original
June 14, 2025 The market has not further declined, which is good news since this round of correction. There have been no new actions from Iran for the time being, which is an important reason for the market's stabilization. However, I think this round of correction has been quite significant, and theoretically, there should be support. The probability of stabilizing at this position is relatively high, and if it stabilizes, there will definitely be a rebound later. As long as the market's decline is caused by the impact of sudden events, once the events ferment, the market will rationally assess the subsequent impact of the events, which will repair the short-term market and gradually bring it back to its original track. It is clear that the core reason for this decline is the resistance level being blocked, but Israel has made the correction exaggerated, and the market should undergo some repair. Additionally, we can see that the price of Bitcoin has returned to $105,000, and it hasn't even touched $100,000, so there's no need to worry too much. Next, let's watch the trend of Bitcoin; I think it needs to further oscillate, as the pressure level of $110,000 has come down, and more oscillation is beneficial for subsequent breakthroughs. I noticed that Binance's alpha has started to change the rules. This hot topic that has been hard to build up shouldn't be easily lost, so Binance is trying every means to maintain it. I can only say that the sentiment for altcoin investment in this market is still quite poor. With the progress of Binance's alpha, the altcoin market will become more difficult, so buying coins should still focus on mainstream currencies. Thank you for your attention and likes.
June 14, 2025

The market has not further declined, which is good news since this round of correction. There have been no new actions from Iran for the time being, which is an important reason for the market's stabilization. However, I think this round of correction has been quite significant, and theoretically, there should be support. The probability of stabilizing at this position is relatively high, and if it stabilizes, there will definitely be a rebound later.

As long as the market's decline is caused by the impact of sudden events, once the events ferment, the market will rationally assess the subsequent impact of the events, which will repair the short-term market and gradually bring it back to its original track. It is clear that the core reason for this decline is the resistance level being blocked, but Israel has made the correction exaggerated, and the market should undergo some repair.

Additionally, we can see that the price of Bitcoin has returned to $105,000, and it hasn't even touched $100,000, so there's no need to worry too much. Next, let's watch the trend of Bitcoin; I think it needs to further oscillate, as the pressure level of $110,000 has come down, and more oscillation is beneficial for subsequent breakthroughs.

I noticed that Binance's alpha has started to change the rules. This hot topic that has been hard to build up shouldn't be easily lost, so Binance is trying every means to maintain it. I can only say that the sentiment for altcoin investment in this market is still quite poor. With the progress of Binance's alpha, the altcoin market will become more difficult, so buying coins should still focus on mainstream currencies.

Thank you for your attention and likes.
See original
June 12, 2025 Yesterday, I judged that the top pressure would be difficult to break through in a short period of time, and it seems that this will be confirmed again. This also means that there will be more fluctuations ahead. The 110,000 pressure level has not been broken through several times. The most likely way to break through this situation is with a large bullish candle directly piercing through. This is also the reason why I believed that the pressure level would be difficult to break through directly yesterday. As for why this point has such strong pressure, aside from the consensus pressure of multiple failed breakthroughs, it is more importantly due to the signs of selling around the 100,000-110,000 mark. The so-called selling refers to long-term holders of BTC offloading their assets, which can be seen from the holding situation of long-term addresses. Of course, it is also evident on the surface, which is why MicroStrategy keeps buying without raising the price. However, there is no need to worry too much because it is a natural process for BTC to transfer from crypto magnates to traditional capital. This is also an inevitable process of the gradual transfer of pricing power, and once the transfer occurs, the price of Bitcoin will become more stable. In this wave, I will pay more attention to the price of Ethereum because, objectively speaking, the price of Bitcoin has limited speculative potential and is more suitable for large capital allocation. In terms of price, Ethereum has a bit more speculative potential. Of course, the weak market over the past year has already told us that the Ethereum ecosystem has also fallen into a stage of developmental stagnation, and a long-term bullish outlook has certain challenges, or it requires new capital injection. As for new funds, I believe there are still considerable opportunities. One is ecological development, which remains a very active area for large funds, with the most innovative protocols. The second is the spot ETF channel. Once utilized, it has the potential to become the second Bitcoin, though on a significantly smaller scale. This recent pullback is within expectations, and when to attempt another upward movement will depend on the strength of the pullback. If Bitcoin does not break 105,000 today, it will likely attempt to break through again in the short term. Thank you for your attention and likes.
June 12, 2025

Yesterday, I judged that the top pressure would be difficult to break through in a short period of time, and it seems that this will be confirmed again. This also means that there will be more fluctuations ahead. The 110,000 pressure level has not been broken through several times. The most likely way to break through this situation is with a large bullish candle directly piercing through. This is also the reason why I believed that the pressure level would be difficult to break through directly yesterday. As for why this point has such strong pressure, aside from the consensus pressure of multiple failed breakthroughs, it is more importantly due to the signs of selling around the 100,000-110,000 mark.

The so-called selling refers to long-term holders of BTC offloading their assets, which can be seen from the holding situation of long-term addresses. Of course, it is also evident on the surface, which is why MicroStrategy keeps buying without raising the price. However, there is no need to worry too much because it is a natural process for BTC to transfer from crypto magnates to traditional capital. This is also an inevitable process of the gradual transfer of pricing power, and once the transfer occurs, the price of Bitcoin will become more stable.

In this wave, I will pay more attention to the price of Ethereum because, objectively speaking, the price of Bitcoin has limited speculative potential and is more suitable for large capital allocation. In terms of price, Ethereum has a bit more speculative potential. Of course, the weak market over the past year has already told us that the Ethereum ecosystem has also fallen into a stage of developmental stagnation, and a long-term bullish outlook has certain challenges, or it requires new capital injection.

As for new funds, I believe there are still considerable opportunities. One is ecological development, which remains a very active area for large funds, with the most innovative protocols. The second is the spot ETF channel. Once utilized, it has the potential to become the second Bitcoin, though on a significantly smaller scale. This recent pullback is within expectations, and when to attempt another upward movement will depend on the strength of the pullback. If Bitcoin does not break 105,000 today, it will likely attempt to break through again in the short term.

Thank you for your attention and likes.
See original
June 11, 2025 After two weeks, Bitcoin has once again touched $110,000, and Ethereum briefly broke $2,800. It can be said that if it weren't for Ethereum's recent strong performance, just looking at Ethereum's price, it has broken through the resistance level. However, the key to the overall market still depends on Bitcoin. Currently, Bitcoin is facing some pressure at $110,000, and breaking through this historical high is not simple. Although we all know that once a new space opens up, Bitcoin still has a potential increase of several tens of thousands of dollars. From the current internal and external situation, there is enough space left for the cryptocurrency market. Therefore, from this perspective, continuing to hold boldly is not a big issue, especially for Bitcoin and Ethereum, one has limited downside, and the other is strong recently. Of course, considering the resistance level, if you find the repeated fluctuations in the market quite torturous, you might consider taking some positions at this level to make a swing trade, after all, it is a historically significant resistance level. It seems that everyone has also noticed that besides Ethereum's strength, the DeFi sector has once again entered investors' sights, such as AAVE and UNI. I have always said that if you want to do value investing in the cryptocurrency market, the income-generating DeFi sector is definitely worth participating in. I remember very clearly, when Ethereum fell below $2,000, I was still recommending these projects, and currently, the returns look pretty good. In this wave of market, objectively speaking, the probability of a direct breakthrough will decrease with the fluctuations of the market, meaning that the next few days will determine whether there is a breakthrough or if we will see another correction. In conjunction with the U.S. stock market, it also seems to be somewhat weak in rising. If you have a large position, like me, I am currently maintaining nearly 90% of my position, you might consider taking 10% of your position to make some swing trades at this level. Combine your bottom-fishing returns and find a few with good yields to sell appropriately. Speaking of something quite interesting, previously when I wanted to make a swing trade, there was a high probability of a breakout, and conversely, it was also a major breakthrough in the market. Let’s see how this goes. Thank you for your attention and likes.
June 11, 2025

After two weeks, Bitcoin has once again touched $110,000, and Ethereum briefly broke $2,800. It can be said that if it weren't for Ethereum's recent strong performance, just looking at Ethereum's price, it has broken through the resistance level. However, the key to the overall market still depends on Bitcoin. Currently, Bitcoin is facing some pressure at $110,000, and breaking through this historical high is not simple. Although we all know that once a new space opens up, Bitcoin still has a potential increase of several tens of thousands of dollars.

From the current internal and external situation, there is enough space left for the cryptocurrency market. Therefore, from this perspective, continuing to hold boldly is not a big issue, especially for Bitcoin and Ethereum, one has limited downside, and the other is strong recently. Of course, considering the resistance level, if you find the repeated fluctuations in the market quite torturous, you might consider taking some positions at this level to make a swing trade, after all, it is a historically significant resistance level.

It seems that everyone has also noticed that besides Ethereum's strength, the DeFi sector has once again entered investors' sights, such as AAVE and UNI. I have always said that if you want to do value investing in the cryptocurrency market, the income-generating DeFi sector is definitely worth participating in. I remember very clearly, when Ethereum fell below $2,000, I was still recommending these projects, and currently, the returns look pretty good.

In this wave of market, objectively speaking, the probability of a direct breakthrough will decrease with the fluctuations of the market, meaning that the next few days will determine whether there is a breakthrough or if we will see another correction. In conjunction with the U.S. stock market, it also seems to be somewhat weak in rising. If you have a large position, like me, I am currently maintaining nearly 90% of my position, you might consider taking 10% of your position to make some swing trades at this level. Combine your bottom-fishing returns and find a few with good yields to sell appropriately.

Speaking of something quite interesting, previously when I wanted to make a swing trade, there was a high probability of a breakout, and conversely, it was also a major breakthrough in the market. Let’s see how this goes. Thank you for your attention and likes.
See original
ETH Independent Market?
ETH Independent Market?
See original
June 10, 2025 In the latest news, Zhao Changpeng, with an asset of $65.7 billion, has once again entered the position of the richest person among Chinese. The second place is Zhang Yiming from ByteDance. Generally speaking, when a representative figure from a particular industry appears on the rich list, it indicates that the industry has entered the fast-developing latter stage, and if a large number of figures from the same industry appear on the rich list, it basically means that the industry has entered its final stage. It is clear that the cryptocurrency industry is still in its youth, and the next 10-20 years will be a period of great potential for development. On the other hand, it also indicates that the cryptocurrency industry has moved beyond the early chaotic period, where the opportunities for wild growth that relied on luck for sudden wealth have become increasingly rare. The most obvious example is altcoins, which are no longer the dream launchers for retail investors but have turned into tools for capital. However, overall, the opportunities in the cryptocurrency industry still far exceed those in other industries, especially in these years of economic downturn, where "difficulty" is a consensus in the broader environment. In terms of market conditions, the market has rebounded again, and Bitcoin has once again approached the $110,000 mark. In the coming days, it is very likely to refresh its high point again, while Ethereum has also risen above $2,600. A few days ago, I mentioned that if it could attempt to break through the resistance again after a pullback in the short term, it would be a good thing, and we are currently following this scenario. Next, we shall see whether Bitcoin will directly attack; in any case, Ethereum's trend is relatively strong, and this time if Bitcoin breaks through, there is no reason for Ethereum not to follow suit. Additionally, I have been saying that the US stock market is gradually rebounding. If there are some positive news in the near future, it will reach new highs, which will resonate with the cryptocurrency market, especially the price of Bitcoin. Although it may not relate to most retail investors, continued growth is certainly good news. Particularly, in the $100,000 to $110,000 range, there is indeed a significant amount of selling pressure, preventing Bitcoin from making a breakthrough. Therefore, if a breakthrough occurs, there could be several thousand dollars of upward space. Thank you for your attention and likes.
June 10, 2025

In the latest news, Zhao Changpeng, with an asset of $65.7 billion, has once again entered the position of the richest person among Chinese. The second place is Zhang Yiming from ByteDance. Generally speaking, when a representative figure from a particular industry appears on the rich list, it indicates that the industry has entered the fast-developing latter stage, and if a large number of figures from the same industry appear on the rich list, it basically means that the industry has entered its final stage. It is clear that the cryptocurrency industry is still in its youth, and the next 10-20 years will be a period of great potential for development.

On the other hand, it also indicates that the cryptocurrency industry has moved beyond the early chaotic period, where the opportunities for wild growth that relied on luck for sudden wealth have become increasingly rare. The most obvious example is altcoins, which are no longer the dream launchers for retail investors but have turned into tools for capital. However, overall, the opportunities in the cryptocurrency industry still far exceed those in other industries, especially in these years of economic downturn, where "difficulty" is a consensus in the broader environment.

In terms of market conditions, the market has rebounded again, and Bitcoin has once again approached the $110,000 mark. In the coming days, it is very likely to refresh its high point again, while Ethereum has also risen above $2,600. A few days ago, I mentioned that if it could attempt to break through the resistance again after a pullback in the short term, it would be a good thing, and we are currently following this scenario. Next, we shall see whether Bitcoin will directly attack; in any case, Ethereum's trend is relatively strong, and this time if Bitcoin breaks through, there is no reason for Ethereum not to follow suit.

Additionally, I have been saying that the US stock market is gradually rebounding. If there are some positive news in the near future, it will reach new highs, which will resonate with the cryptocurrency market, especially the price of Bitcoin. Although it may not relate to most retail investors, continued growth is certainly good news. Particularly, in the $100,000 to $110,000 range, there is indeed a significant amount of selling pressure, preventing Bitcoin from making a breakthrough. Therefore, if a breakthrough occurs, there could be several thousand dollars of upward space.

Thank you for your attention and likes.
See original
June 9, 2025 The Binance Alpha has become quite difficult to obtain; every day it's a lottery, and the scores are gradually increasing. It is possible that the thresholds may lower a bit later, but overall, because many studios have already added accounts, the opportunities for retail investors are quite limited. This indirectly indicates that there are not many opportunities to make money in the cryptocurrency market right now; with such a small reward, so many people are getting involved, and the new incoming funds are mainly risk-averse types. Therefore, the proportion that translates into buying pressure will be very low. Recently, the market has been relatively calm, even though the Bitcoin price is still at 100,000, it can no longer stimulate retail investors' nerves; market sentiment still needs Ethereum and altcoins to drive it. However, the news from the U.S. stock market has been mostly positive; previous volatility has been digested, with the Nasdaq returning to 19,500 points, forming a V-shaped recovery. With this assurance, I believe there is not much to worry about. Of course, it is hard to say when the market will start moving; the recent rise was driven by Ethereum, but the strength of Ethereum's rally is not very certain because there is no clear hot topic or sector that has exploded. As it stands, Binance Alpha has reached this level without truly driving the prosperity of the BSC chain. The anticipated artificial market may fall short, and there are currently no applications or sectors with explosive potential, which is indeed a bit frustrating. However, from another perspective, allocating Ethereum or mainstream coins, aside from hoping for an application explosion, also serves the purpose of combating inflation in the long term. Currently, the dollar still has a high interest rate of around 5%, while consumer spending here is stagnant, and hidden inflation must be guarded against. In light of this situation, asset allocation is essential. If you do not want to choose Bitcoin, then I think Ethereum is also a good option. Thank you for your attention and likes.
June 9, 2025

The Binance Alpha has become quite difficult to obtain; every day it's a lottery, and the scores are gradually increasing. It is possible that the thresholds may lower a bit later, but overall, because many studios have already added accounts, the opportunities for retail investors are quite limited. This indirectly indicates that there are not many opportunities to make money in the cryptocurrency market right now; with such a small reward, so many people are getting involved, and the new incoming funds are mainly risk-averse types. Therefore, the proportion that translates into buying pressure will be very low.

Recently, the market has been relatively calm, even though the Bitcoin price is still at 100,000, it can no longer stimulate retail investors' nerves; market sentiment still needs Ethereum and altcoins to drive it. However, the news from the U.S. stock market has been mostly positive; previous volatility has been digested, with the Nasdaq returning to 19,500 points, forming a V-shaped recovery. With this assurance, I believe there is not much to worry about.

Of course, it is hard to say when the market will start moving; the recent rise was driven by Ethereum, but the strength of Ethereum's rally is not very certain because there is no clear hot topic or sector that has exploded. As it stands, Binance Alpha has reached this level without truly driving the prosperity of the BSC chain. The anticipated artificial market may fall short, and there are currently no applications or sectors with explosive potential, which is indeed a bit frustrating.

However, from another perspective, allocating Ethereum or mainstream coins, aside from hoping for an application explosion, also serves the purpose of combating inflation in the long term. Currently, the dollar still has a high interest rate of around 5%, while consumer spending here is stagnant, and hidden inflation must be guarded against. In light of this situation, asset allocation is essential. If you do not want to choose Bitcoin, then I think Ethereum is also a good option.

Thank you for your attention and likes.
See original
Solayer: Redefining Solana's speed, finance, and boundariesThe hot Solana led to a peak in last year's market; as we enter 2025, the blockchain world welcomes a true 'reconstruction moment.' What protocols are still worth looking forward to on Solana? Facing a series of long-standing issues such as on-chain performance bottlenecks, security model splits, and disconnection from real payments, Solayer emerged with a hardcore technical route, real financial products, and pragmatic ecological layout, injecting a new round of growth engine for Solana. 🚀 InfiniSVM: Speed is not a problem, and scalability has no limits Traditional blockchains are bound by TPS, while Solayer's answer is—unlimited expansion.

Solayer: Redefining Solana's speed, finance, and boundaries

The hot Solana led to a peak in last year's market; as we enter 2025, the blockchain world welcomes a true 'reconstruction moment.' What protocols are still worth looking forward to on Solana?
Facing a series of long-standing issues such as on-chain performance bottlenecks, security model splits, and disconnection from real payments, Solayer emerged with a hardcore technical route, real financial products, and pragmatic ecological layout, injecting a new round of growth engine for Solana.

🚀 InfiniSVM: Speed is not a problem, and scalability has no limits
Traditional blockchains are bound by TPS, while Solayer's answer is—unlimited expansion.
See original
June 8, 2025 Recently, the alpha project has taken off, although not much 'meat' has been consumed. However, it must be said that Binance's alpha planning has clearly played a role in attracting attention in the entire crypto circle. First, the Web2 community, which has basically become aware of it, with some already participating and many retail investors hearing about it or being led in by people from the crypto community, either actively or passively entering the market. A bad example is a student who got into the crypto space because of this and then played with leverage and got liquidated, reporting the person who led him. This activity will attract people from other industries to participate, and as for how many people will come to play after being exposed to the crypto space, the conversion rate is estimated to be very low, but there will definitely be some. The rise of the crypto market depends on application explosions, and of course, the larger premise is that money comes in. I don't know if everyone has noticed the recent trends in the US stock market, which have been steadily rising for a while and are now approaching new highs. The correlation between cryptocurrencies and US stocks refers to the movements of Bitcoin and the US stock market. Recently, Bitcoin reached a new high first, and now the US stocks are still near their highs. With this layer of market confidence boosting, I believe the cyclical conditions in the crypto market do not need to be overly worried about. With the previous events, we also know that the Trump administration does not dare to act recklessly, essentially just making noise to achieve its goals. This includes Musk's break with it, indicating that the operating rules of the world itself are not so easily broken or changed. Given this, the current economic cycle is still in the second half of interest rate cuts, and although this second half will last a long time, overall, the opportunities for risk assets outweigh the risks. In terms of market conditions, Bitcoin is still above 100,000. Let's see how long the sideways consolidation lasts; normally, a rebound this week would be quite good. I predict that there will be a small rebound in the coming week, but as for whether it can break through to new highs, I have no certainty. Although Alpha is very lively, it has not yet driven up the tokens in the BSC sector, nor has it boosted other sectors. Therefore, the current crypto market does not have the foundation for a meme coin rally. However, the overall environment is still decent, and it is worth waiting further. Thank you for your attention and likes.
June 8, 2025

Recently, the alpha project has taken off, although not much 'meat' has been consumed. However, it must be said that Binance's alpha planning has clearly played a role in attracting attention in the entire crypto circle. First, the Web2 community, which has basically become aware of it, with some already participating and many retail investors hearing about it or being led in by people from the crypto community, either actively or passively entering the market. A bad example is a student who got into the crypto space because of this and then played with leverage and got liquidated, reporting the person who led him. This activity will attract people from other industries to participate, and as for how many people will come to play after being exposed to the crypto space, the conversion rate is estimated to be very low, but there will definitely be some.

The rise of the crypto market depends on application explosions, and of course, the larger premise is that money comes in. I don't know if everyone has noticed the recent trends in the US stock market, which have been steadily rising for a while and are now approaching new highs. The correlation between cryptocurrencies and US stocks refers to the movements of Bitcoin and the US stock market. Recently, Bitcoin reached a new high first, and now the US stocks are still near their highs. With this layer of market confidence boosting, I believe the cyclical conditions in the crypto market do not need to be overly worried about.

With the previous events, we also know that the Trump administration does not dare to act recklessly, essentially just making noise to achieve its goals. This includes Musk's break with it, indicating that the operating rules of the world itself are not so easily broken or changed. Given this, the current economic cycle is still in the second half of interest rate cuts, and although this second half will last a long time, overall, the opportunities for risk assets outweigh the risks.

In terms of market conditions, Bitcoin is still above 100,000. Let's see how long the sideways consolidation lasts; normally, a rebound this week would be quite good. I predict that there will be a small rebound in the coming week, but as for whether it can break through to new highs, I have no certainty. Although Alpha is very lively, it has not yet driven up the tokens in the BSC sector, nor has it boosted other sectors. Therefore, the current crypto market does not have the foundation for a meme coin rally. However, the overall environment is still decent, and it is worth waiting further.

Thank you for your attention and likes.
See original
How to Backup Digital Assets?June 7, 2025 Today, I want to discuss a somewhat special topic, which may not be very pleasant, but I think it should be considered by many. Due to recent insurance arrangements, it triggered a thought for me: how should digital assets be properly backed up? There is a saying that goes, 'Tomorrow and accidents do not know which comes first.' Although it may not sound nice, due to the uniqueness of cryptocurrencies, backup might be even more important. Previously, Wang Chun, who went to space, said that if he doesn't return, then his Bitcoin is considered destroyed. This shows that he is the only one who holds his Bitcoin private key; if he is gone, the assets are gone too. However, Wang Chun has no descendants, so he does not care.

How to Backup Digital Assets?

June 7, 2025
Today, I want to discuss a somewhat special topic, which may not be very pleasant, but I think it should be considered by many. Due to recent insurance arrangements, it triggered a thought for me: how should digital assets be properly backed up? There is a saying that goes, 'Tomorrow and accidents do not know which comes first.' Although it may not sound nice, due to the uniqueness of cryptocurrencies, backup might be even more important. Previously, Wang Chun, who went to space, said that if he doesn't return, then his Bitcoin is considered destroyed. This shows that he is the only one who holds his Bitcoin private key; if he is gone, the assets are gone too. However, Wang Chun has no descendants, so he does not care.
See original
June 6, 2025 The market has fallen again, and the main reason this time is the verbal clash between Trump and Musk, one of the most powerful and one of the richest people. Just a few months ago, they were in a honeymoon period, but suddenly, due to a bill, they started cursing each other, seemingly indicating a potential fallout. This directly led to a sharp drop in Tesla's stock and Dogecoin, and it also indirectly affected the overall market. However, in my view, this is an unexpected event, and it can be considered a very minor issue that can't even be called a black swan, so the impact is limited. The recent market is already in a period of adjustment, so experiencing a wave of decline in this situation is reasonable. Another slightly negative thing is that Singapore's recent policy is indirectly pushing people away. The rough idea is that companies without licenses cannot engage in cryptocurrency-related work starting in June. Those who can obtain licenses are still a minority, so a group of people is destined to migrate again. I can only say that cryptocurrency workers really have it tough; just when they find a policy-friendly place, they are forced to leave again after a few years. This situation should not have a direct impact on the cryptocurrency market, but considering that some companies may face dissolution, there will be some effects. Of course, for cryptocurrency professionals, such situations should be quite common; they were once forced to collectively migrate to Southeast Asia. After so many years and events, everyone understands that external forces can no longer kill the cryptocurrency industry, especially with Bitcoin's current market value being very different from before. In terms of the market, this adjustment is within an acceptable range; Bitcoin is still above 100,000. Logically, this correction in Bitcoin should have a stronger impact on the overall market, but it seems to be okay for now. As for Ethereum, it has now returned to 2400 points, meaning that the pressure at 2600 points has still not been broken. Let's observe the adjustment; the second half of the year has just begun, so there is still considerable room for growth in terms of time. Let's continue to hold on. Thank you for your attention and likes.
June 6, 2025

The market has fallen again, and the main reason this time is the verbal clash between Trump and Musk, one of the most powerful and one of the richest people. Just a few months ago, they were in a honeymoon period, but suddenly, due to a bill, they started cursing each other, seemingly indicating a potential fallout. This directly led to a sharp drop in Tesla's stock and Dogecoin, and it also indirectly affected the overall market. However, in my view, this is an unexpected event, and it can be considered a very minor issue that can't even be called a black swan, so the impact is limited. The recent market is already in a period of adjustment, so experiencing a wave of decline in this situation is reasonable.

Another slightly negative thing is that Singapore's recent policy is indirectly pushing people away. The rough idea is that companies without licenses cannot engage in cryptocurrency-related work starting in June. Those who can obtain licenses are still a minority, so a group of people is destined to migrate again. I can only say that cryptocurrency workers really have it tough; just when they find a policy-friendly place, they are forced to leave again after a few years.

This situation should not have a direct impact on the cryptocurrency market, but considering that some companies may face dissolution, there will be some effects. Of course, for cryptocurrency professionals, such situations should be quite common; they were once forced to collectively migrate to Southeast Asia. After so many years and events, everyone understands that external forces can no longer kill the cryptocurrency industry, especially with Bitcoin's current market value being very different from before.

In terms of the market, this adjustment is within an acceptable range; Bitcoin is still above 100,000. Logically, this correction in Bitcoin should have a stronger impact on the overall market, but it seems to be okay for now. As for Ethereum, it has now returned to 2400 points, meaning that the pressure at 2600 points has still not been broken. Let's observe the adjustment; the second half of the year has just begun, so there is still considerable room for growth in terms of time. Let's continue to hold on.

Thank you for your attention and likes.
See original
June 5, 2025 Yesterday, Binance launched LA, and there were some issues on gate during the opening. Here's what happened. Because the alpha launched by Binance usually drops after opening, the reason being that those who received it would sell immediately, and yesterday gate simultaneously opened the LA contract. Since LA's opening price was only around 0.5, but gate's LA contract price opened high at 1-2 dollars, many people rushed in to short, but then LA's price skyrocketed, reaching a high of 27 dollars, which meant that the contract positions with 20 times leverage were liquidated, causing many accounts to go to zero in a minute, and some even ended up with negative balances. According to gate's subsequent announcement, they do not intend to take responsibility for this price fluctuation. From a trading perspective, this should not be considered malicious behavior from gate, but rather a result of insufficient market depth, leading to rapid price increases and decreases. However, I am quite puzzled because theoretically, there should not be such a large amount of long positions available in a short time, yet the liquidation data shows over ten million dollars in liquidations. In fact, many people reported losses of tens of thousands or even hundreds of thousands of US dollars, so where did all that money go? I believe this incident is still worth noting. I myself am accustomed to engaging in arbitrage, and if I had participated in this LA trading, I would likely also be one of the victims, and it currently seems there is no avenue for appeal. For full margin positions, or unified accounts, smaller exchanges need to strictly control positions, such as transferring funds in batches as margin, or directly choosing to use isolated margin. Additionally, the risk of shorting is much greater than going long. On the news front, I saw that USDC issuer Circle has completed its IPO, raising 1.1 billion dollars, with a market value potential of up to 6.9 billion dollars. This is a landmark event, showing that stablecoin projects can also become major companies, pointing out another path for various capital. In my opinion, this is a good thing, with a certain out-of-the-box effect, and the growth of dollar stablecoins signifies the potential increase in buying power in the crypto space. There isn’t anything particularly special in the market, just continuing to consolidate sideways, waiting for another push. Thank you for your attention and likes.
June 5, 2025

Yesterday, Binance launched LA, and there were some issues on gate during the opening. Here's what happened. Because the alpha launched by Binance usually drops after opening, the reason being that those who received it would sell immediately, and yesterday gate simultaneously opened the LA contract. Since LA's opening price was only around 0.5, but gate's LA contract price opened high at 1-2 dollars, many people rushed in to short, but then LA's price skyrocketed, reaching a high of 27 dollars, which meant that the contract positions with 20 times leverage were liquidated, causing many accounts to go to zero in a minute, and some even ended up with negative balances.

According to gate's subsequent announcement, they do not intend to take responsibility for this price fluctuation. From a trading perspective, this should not be considered malicious behavior from gate, but rather a result of insufficient market depth, leading to rapid price increases and decreases. However, I am quite puzzled because theoretically, there should not be such a large amount of long positions available in a short time, yet the liquidation data shows over ten million dollars in liquidations. In fact, many people reported losses of tens of thousands or even hundreds of thousands of US dollars, so where did all that money go?

I believe this incident is still worth noting. I myself am accustomed to engaging in arbitrage, and if I had participated in this LA trading, I would likely also be one of the victims, and it currently seems there is no avenue for appeal. For full margin positions, or unified accounts, smaller exchanges need to strictly control positions, such as transferring funds in batches as margin, or directly choosing to use isolated margin. Additionally, the risk of shorting is much greater than going long.

On the news front, I saw that USDC issuer Circle has completed its IPO, raising 1.1 billion dollars, with a market value potential of up to 6.9 billion dollars. This is a landmark event, showing that stablecoin projects can also become major companies, pointing out another path for various capital. In my opinion, this is a good thing, with a certain out-of-the-box effect, and the growth of dollar stablecoins signifies the potential increase in buying power in the crypto space. There isn’t anything particularly special in the market, just continuing to consolidate sideways, waiting for another push.

Thank you for your attention and likes.
See original
June 4, 2025 Recently, there has been quite a bit of commercial promotion. Here, I want to remind everyone that if you encounter an article that is entirely focused on promoting a certain project, it is definitely commercial promotion. Additionally, I will also mention the sponsors in the article to help everyone identify them. Thank you all for your support, but I still hope everyone doesn’t buy coins recklessly, especially those that are being promoted. Although I have filtered out many direct promotions, I still do not endorse any projects. In this market, the biggest hope currently lies in the mainstream coins of Ethereum and its ecosystem. There are still things to explore in the DeFi sector, so the future does not lack the possibility of an explosion. As for altcoins, I can only say to be cautious. At present, Binance has hardly listed any alpha; to put it bluntly, they are all altcoins, and some are already on the verge of going to zero. Therefore, really don’t get too emotionally attached to altcoins. Regarding Ethereum, it is still in a range-bound oscillation, returning to above 2600, but this resistance level has not been broken. In any case, the weak market for Ethereum seems to be over. If Bitcoin can strengthen, Ethereum will definitely be able to keep up, but because of this, it is conversely limited by the breakthrough situation of Bitcoin. Still the same saying, in terms of time, there is still time left for the bulls. In the second half of the year, the U.S. will continue to lower interest rates, and the inflation of fiat currency, I feel, is quite significant, aside from the high interest rates on U.S. debt, there is also some hidden inflation in certain places. Regardless of whether this inflation ultimately manifests in risk assets, from a defensive perspective, it is also possible to hold a certain proportion of crypto assets for the long term. Thank you for your attention and likes.
June 4, 2025

Recently, there has been quite a bit of commercial promotion. Here, I want to remind everyone that if you encounter an article that is entirely focused on promoting a certain project, it is definitely commercial promotion. Additionally, I will also mention the sponsors in the article to help everyone identify them. Thank you all for your support, but I still hope everyone doesn’t buy coins recklessly, especially those that are being promoted. Although I have filtered out many direct promotions, I still do not endorse any projects.

In this market, the biggest hope currently lies in the mainstream coins of Ethereum and its ecosystem. There are still things to explore in the DeFi sector, so the future does not lack the possibility of an explosion. As for altcoins, I can only say to be cautious. At present, Binance has hardly listed any alpha; to put it bluntly, they are all altcoins, and some are already on the verge of going to zero. Therefore, really don’t get too emotionally attached to altcoins.

Regarding Ethereum, it is still in a range-bound oscillation, returning to above 2600, but this resistance level has not been broken. In any case, the weak market for Ethereum seems to be over. If Bitcoin can strengthen, Ethereum will definitely be able to keep up, but because of this, it is conversely limited by the breakthrough situation of Bitcoin.

Still the same saying, in terms of time, there is still time left for the bulls. In the second half of the year, the U.S. will continue to lower interest rates, and the inflation of fiat currency, I feel, is quite significant, aside from the high interest rates on U.S. debt, there is also some hidden inflation in certain places. Regardless of whether this inflation ultimately manifests in risk assets, from a defensive perspective, it is also possible to hold a certain proportion of crypto assets for the long term.

Thank you for your attention and likes.
See original
How does Solv lead the wave of BTC Tokenization and Middle Eastern institutionalization?The financialization of Bitcoin is entering an acceleration phase, and we are at a historical turning point. Bitcoin is no longer just a static asset role like 'digital gold,' but is evolving into a 'global financial asset that generates income.' This structural change is attracting the attention of more and more institutional capital: they are no longer satisfied with merely holding BTC, but are actively seeking compliant, safe, and stable BTC earning paths. Solv plays a key role in connecting CeFi and DeFi, as well as traditional finance and on-chain finance at this juncture. Solv's strategic layout: Leading the monetization and institutionalization of Bitcoin.

How does Solv lead the wave of BTC Tokenization and Middle Eastern institutionalization?

The financialization of Bitcoin is entering an acceleration phase, and we are at a historical turning point.
Bitcoin is no longer just a static asset role like 'digital gold,' but is evolving into a 'global financial asset that generates income.'
This structural change is attracting the attention of more and more institutional capital: they are no longer satisfied with merely holding BTC, but are actively seeking compliant, safe, and stable BTC earning paths. Solv plays a key role in connecting CeFi and DeFi, as well as traditional finance and on-chain finance at this juncture.

Solv's strategic layout: Leading the monetization and institutionalization of Bitcoin.
See original
June 1, 2025 Happy Children's Day! I hope everyone has a hidden childlike heart within. I have always said that the cryptocurrency world is relatively simple as an industry. Firstly, we are not dealing directly with people, but with fluctuating prices and rising and falling candlesticks. When we make a profit, we celebrate secretly; when we incur losses, we bear it ourselves, directly avoiding the deceit and trickery of people. Of course, that’s not to say there are no bad people in the cryptocurrency world. Unscrupulous project teams and ruthless traders do exist. This actually raises a question: because the trading environment we are in does not allow direct contact with bad actors, most people tend to be relatively innocent, even a bit naïve, believing the words of market manipulators and holding onto losing positions, ultimately ending up with a string of coins nearly worth zero. In the past, there weren’t many bad people in the cryptocurrency space, making it quite easy to find tenfold or hundredfold coins. However, in the current environment, being a simple person may not necessarily yield big results. Regarding the market, it has experienced a pullback these past few days and is currently in a sideways consolidation. The fact that there hasn’t been further decline is good news. Coincidentally, this wave of decline coincides with a minor holiday and the US stock market is closed over the weekend. If we see a rebound after the holiday, the next step will be to continue pushing towards 110,000. The price of Bitcoin will remain relatively stable because the strategic reserve funds will continue to flow in. As long as Bitcoin does not break through its support levels, this four-year cycle will not end. As for the overall market, altcoins are indeed looking very bleak. Binance's alpha strategy will only cause the valuations of altcoins to keep falling, perhaps to very low levels, but in the future, we may hope to see more tenfold or hundredfold coins. However, this process will be very painful. For a major bull market in the cryptocurrency world, there must be a new leader emerging; it’s not just Bitcoin. In the last cycle, it was Solana; in the next cycle, whether it will be BNB or ETH remains to be seen. But whoever it is, there must be one, and I am waiting for that day to come. Thank you for your attention and likes.
June 1, 2025

Happy Children's Day! I hope everyone has a hidden childlike heart within. I have always said that the cryptocurrency world is relatively simple as an industry. Firstly, we are not dealing directly with people, but with fluctuating prices and rising and falling candlesticks. When we make a profit, we celebrate secretly; when we incur losses, we bear it ourselves, directly avoiding the deceit and trickery of people. Of course, that’s not to say there are no bad people in the cryptocurrency world. Unscrupulous project teams and ruthless traders do exist.

This actually raises a question: because the trading environment we are in does not allow direct contact with bad actors, most people tend to be relatively innocent, even a bit naïve, believing the words of market manipulators and holding onto losing positions, ultimately ending up with a string of coins nearly worth zero. In the past, there weren’t many bad people in the cryptocurrency space, making it quite easy to find tenfold or hundredfold coins. However, in the current environment, being a simple person may not necessarily yield big results.

Regarding the market, it has experienced a pullback these past few days and is currently in a sideways consolidation. The fact that there hasn’t been further decline is good news. Coincidentally, this wave of decline coincides with a minor holiday and the US stock market is closed over the weekend. If we see a rebound after the holiday, the next step will be to continue pushing towards 110,000. The price of Bitcoin will remain relatively stable because the strategic reserve funds will continue to flow in. As long as Bitcoin does not break through its support levels, this four-year cycle will not end.

As for the overall market, altcoins are indeed looking very bleak. Binance's alpha strategy will only cause the valuations of altcoins to keep falling, perhaps to very low levels, but in the future, we may hope to see more tenfold or hundredfold coins. However, this process will be very painful. For a major bull market in the cryptocurrency world, there must be a new leader emerging; it’s not just Bitcoin. In the last cycle, it was Solana; in the next cycle, whether it will be BNB or ETH remains to be seen. But whoever it is, there must be one, and I am waiting for that day to come.

Thank you for your attention and likes.
See original
May 31, 2025 Wishing you health during the Dragon Boat Festival. Every holiday, the cryptocurrency market always faces some challenges. Not to mention the year-end Christmas cash-out consumption, even a holiday like this, which has little correlation to the crypto world, experienced such a pullback; one can only say it's a bit coincidental. In fact, the drop before the holiday is supported by some logic. Consumption is secondary; what's more important is the consideration of quant trading resting and traders closing their positions, as holding large positions surely causes unease, and closing positions is a good choice. The pullback in the past couple of days has been quite significant. Although Bitcoin remains above 100,000 and Ethereum has not broken down, the performance of altcoins is too disappointing. Established altcoins have erased the gains from the previous week, and the new altcoins look even worse. This is why one should avoid touching altcoins lightly; it might be better to look at the new coin trends on Binance Alpha. Therefore, I only support everyone in profit-taking; please do not buy coins, as the probability of finding opportunities in such altcoins is too low. So, how should we view the upcoming market trend? In a sense, Ethereum's return from 110,000 has a certain probability of forming a secondary peak. However, in terms of timing, even so, it is unlikely to immediately form a reversal; instead, it will repeatedly test around this new high for several months while continuously liquidating longs through several small-scale new highs. Therefore, there is no need to worry about timing; moreover, the upward trend cannot reverse immediately. This pullback is also one of the larger ones since this uptrend began. In my view, it can be considered a necessary experience for future gains. Especially at times like this, when you see a bit of profit and it gets given back, it’s hard to hold steady. Bitcoin has also touched a new high; perhaps the next attempt won’t require too long of a wait, and Ethereum's strength is also evident; I will continue to remain optimistic. Thank you for your attention and likes.
May 31, 2025

Wishing you health during the Dragon Boat Festival. Every holiday, the cryptocurrency market always faces some challenges. Not to mention the year-end Christmas cash-out consumption, even a holiday like this, which has little correlation to the crypto world, experienced such a pullback; one can only say it's a bit coincidental. In fact, the drop before the holiday is supported by some logic. Consumption is secondary; what's more important is the consideration of quant trading resting and traders closing their positions, as holding large positions surely causes unease, and closing positions is a good choice.

The pullback in the past couple of days has been quite significant. Although Bitcoin remains above 100,000 and Ethereum has not broken down, the performance of altcoins is too disappointing. Established altcoins have erased the gains from the previous week, and the new altcoins look even worse. This is why one should avoid touching altcoins lightly; it might be better to look at the new coin trends on Binance Alpha. Therefore, I only support everyone in profit-taking; please do not buy coins, as the probability of finding opportunities in such altcoins is too low.

So, how should we view the upcoming market trend? In a sense, Ethereum's return from 110,000 has a certain probability of forming a secondary peak. However, in terms of timing, even so, it is unlikely to immediately form a reversal; instead, it will repeatedly test around this new high for several months while continuously liquidating longs through several small-scale new highs. Therefore, there is no need to worry about timing; moreover, the upward trend cannot reverse immediately.

This pullback is also one of the larger ones since this uptrend began. In my view, it can be considered a necessary experience for future gains. Especially at times like this, when you see a bit of profit and it gets given back, it’s hard to hold steady. Bitcoin has also touched a new high; perhaps the next attempt won’t require too long of a wait, and Ethereum's strength is also evident; I will continue to remain optimistic.

Thank you for your attention and likes.
See original
May 30, 2025 Indeed, Ethereum has deceived again, but this time it is not due to Ethereum itself, but more because of the Bitcoin pullback. Recently, James, who has been quite popular, made a position of over a billion dollars in Bitcoin, and at one point made a profit of 80 million but did not exit fully, resulting in all profits being given back and losing his principal. His actions vividly demonstrated the gambling nature of contract traders. Many people are attracted by those profitable trades, not realizing that most are just lucky winners, but as long as one stays at the table, a gambler is a loser. Thus, this story once again tells us that cryptocurrencies are really not suitable for high leverage trading; spot traders and long-term investors are making substantial profits, while contract traders are still struggling at the front line. If one attempts to amass wealth quickly in a short time, in a sense, it has already strayed from the realm of investing. What I understand as investing is identifying the target and the sector, cultivating it over the long term, and then waiting to reap the rewards. Returning to the market, after experiencing a pullback, this pullback is acceptable. Bitcoin did not continue to push to new highs, indicating that selling pressure exceeds buying pressure, and thus the short-term pressure at this 110,000 point will be quite significant. Under these circumstances, the probability of Ethereum having an independent market trend is relatively low. Although a version of micro-strategy for Ethereum has recently emerged, the real buying pressure still needs observation. Furthermore, more importantly, the current vitality of projects in the crypto space is generally mediocre, and it still needs to oscillate repeatedly and continue to grind. If we must say what is currently the hottest, it would definitely be the stablecoin sector. Many protocols are developing their own stablecoins, including Binance supporting USD1, a stablecoin initiated by Trump’s son. If stablecoins can achieve a scale effect, in my view, it benefits Ethereum, as large funds trust the Ethereum chain more. Moreover, the volume of funds on the Ethereum chain is relatively large, making it suitable for this. Therefore, there are still promising hotspots with explosive potential to look forward to. Thank you for your attention and likes. I posted an advertisement today, please also like and support that.
May 30, 2025

Indeed, Ethereum has deceived again, but this time it is not due to Ethereum itself, but more because of the Bitcoin pullback. Recently, James, who has been quite popular, made a position of over a billion dollars in Bitcoin, and at one point made a profit of 80 million but did not exit fully, resulting in all profits being given back and losing his principal. His actions vividly demonstrated the gambling nature of contract traders. Many people are attracted by those profitable trades, not realizing that most are just lucky winners, but as long as one stays at the table, a gambler is a loser.

Thus, this story once again tells us that cryptocurrencies are really not suitable for high leverage trading; spot traders and long-term investors are making substantial profits, while contract traders are still struggling at the front line. If one attempts to amass wealth quickly in a short time, in a sense, it has already strayed from the realm of investing. What I understand as investing is identifying the target and the sector, cultivating it over the long term, and then waiting to reap the rewards.

Returning to the market, after experiencing a pullback, this pullback is acceptable. Bitcoin did not continue to push to new highs, indicating that selling pressure exceeds buying pressure, and thus the short-term pressure at this 110,000 point will be quite significant. Under these circumstances, the probability of Ethereum having an independent market trend is relatively low. Although a version of micro-strategy for Ethereum has recently emerged, the real buying pressure still needs observation. Furthermore, more importantly, the current vitality of projects in the crypto space is generally mediocre, and it still needs to oscillate repeatedly and continue to grind.

If we must say what is currently the hottest, it would definitely be the stablecoin sector. Many protocols are developing their own stablecoins, including Binance supporting USD1, a stablecoin initiated by Trump’s son. If stablecoins can achieve a scale effect, in my view, it benefits Ethereum, as large funds trust the Ethereum chain more. Moreover, the volume of funds on the Ethereum chain is relatively large, making it suitable for this. Therefore, there are still promising hotspots with explosive potential to look forward to.

Thank you for your attention and likes. I posted an advertisement today, please also like and support that.
Login to explore more contents
Explore the latest crypto news
⚡️ Be a part of the latests discussions in crypto
💬 Interact with your favorite creators
👍 Enjoy content that interests you
Email / Phone number

Latest News

--
View More

Trending Articles

sohaibsam007
View More
Sitemap
Cookie Preferences
Platform T&Cs