Late at night, a sudden plunge! Over 150,000 people have been liquidated! What happened?
Over the weekend, Bitcoin, Ethereum, Avalanche, and other cryptocurrencies experienced fluctuations, with the previously surging Ethereum suddenly plummeting. Today, Bitcoin briefly hit $105,000, but plummeted during trading, approaching $103,000, and as of the time of writing, remains below $104,000. Ethereum, Dogecoin, Avalanche, Trump Coin, and other well-known cryptocurrencies have experienced varying degrees of plummeting. It is worth noting that Ethereum, which had previously surged, once rose above $2600, but has now fallen to less than $2500, and has further declined in the evening. According to Coinglass data, over 150,000 people in the cryptocurrency market have been liquidated in the past 24 hours.
Is Ethereum Severely Undervalued? Analysts: It May Rebound by 300% in 2025!
Behind Ethereum's Short-Term Surge: The Bull Market is Halfway Through, Beware of Risks and Opportunities Driven by Sentiment One, Market Sentiment and Main Line Logic Ethereum's two-day violent surge reignites market sentiment, significantly attracting funds compared to the 'mild rise' of Bitcoin and other currencies. From a cyclical layout perspective, whether at 1500 points (ETH) or the second bottoming strategy at 1800 points, current positions have basically exited the loss zone. However, it must be clear: Short-term sentiment-driven markets need to dynamically adjust based on macro funding conditions and trend logic, rather than blindly chasing increases.
Bull markets never miss, in just two days the increase reached 20%, directly arriving at 2200. Still the same saying, it might be that you can never buy Ethereum below 2000 again, the market is unpredictable. Just like before when the market expected a big drop but it didn't happen, the drop was recovered. Market sentiment is low and panic-stricken, even a big bullish candle can drop the next day. Many people misjudge trends, thinking it's a bear market when it's actually a bull market. For example, a coin can rise 20 times, but due to misjudgment, it gets sold after a 2 times increase. Technical indicators can sometimes be hard to grasp, like Ethereum's 4-hour candlestick, the relationship between trading volume and price is complex, making it even harder to judge without a clear trend. Investing in Ethereum really requires vision and courage. #本周高光时刻
Ethereum's current market dynamics show strong bullish signals. With massive inflows into spot ETFs, active trading by whales, and support from technical indicators, ETH's future price may break historical highs and enter a new upward cycle. Although there may still be short-term adjustments or corrections in the market, the overall trend remains positive. Investors should continue to pay attention to key technical support and resistance levels, stay sensitive to market movements, and be prepared for the long-term profits that Ethereum may bring. With more institutions joining, ETH could reach higher price ranges by 2025, becoming an important leader in the cryptocurrency market. Overall, Ethereum's market outlook remains positive, and it is expected that in the coming months, ETH will continue to strengthen and may welcome new historical breakthroughs. #BTC重返10万
Three major events linked! How do the central bank's rate cut, Ethereum upgrade, and Federal Reserve's decision affect cryptocurrency prices?
I. Central Bank Rate Cut: Potential opportunities under liquidity expectations On May 7, the People's Bank of China announced a rate cut, with the re-lending rate for agriculture and small businesses reduced by 0.25 percentage points, leading to a corresponding decrease in personal mortgage rates. This move lowers the cost of loans for banks to businesses and individuals, which will increase market liquidity. For the crypto market, this may be a potential good news. After the rate cut, the interest earned by residents depositing in banks decreases, and some funds may shift towards investment. Although cryptocurrencies carry high risks, increased market liquidity may drive their prices up. For example, during the Federal Reserve's massive liquidity injection in 2020, the price of Bitcoin rose from $6,000 to $69,000, a typical case driven by liquidity.
Is the Ethereum Prague upgrade on May 7 worth paying attention to? Is Ethereum really trash?
Today is May 6, 2025, and tomorrow is the day of the Ethereum upgrade, a day that many Ethereum holders are looking forward to. The market has been very quiet in recent months, with retail investors and novices in a wait-and-see state, having no direction for the future after experiencing a significant drop.
Four years ago, we were at the peak of a booming bull market, creating a stark contrast with the present, which has led the market to question the bull market. For retail investors and novices in the crypto space, there is currently no interest, but this is only true for retail investors, as they judge heroes based on market ups and downs.
ETH/BTC exchange rate continues to decline, hitting a new low since 2020. Does Ethereum still have a chance?
Since the Bitcoin halving in 2024, Ethereum has continued to perform weakly compared to Bitcoin, and this latest exchange rate hitting a new low highlights the difficulties Ethereum currently faces. From the market performance perspective, Bitcoin's total market capitalization has gradually surpassed 60%, with more market funds flowing into Bitcoin spot and derivative trading. Additionally, Ethereum's spot ETF has seen multiple days of fund outflows in the past month. At the same time, Ethereum's on-chain DEX revenue has decreased, and TVL has dropped significantly. As the MEME trading frenzy shifts to chains like Solana, the on-chain circulation of its assets has also slowed down. However, Ethereum is not without opportunities. Its latest upgrade, the Pectra upgrade, is about to go live on the mainnet, which is expected to enhance security and scalability; as an ideal blockchain for RWA, once RWA surges, the price of ETH may still be empowered. However, in the current market environment, Ethereum needs to overcome many challenges to reverse the situation.
Gold continues to surge, and the vast majority of opinions believe 'Ethereum is finished'?
There is significant controversy in the market regarding Ethereum in this round of the bull market, presenting a phenomenon of polarization. The vast majority of opinions believe that 'Ethereum is finished'. The main reasons are as follows. First: the price issue; the bull market has reached this point, and the price is still hovering around 2000, having risen for nothing. The inability to rise indicates that there is no capital coming in. Second: Given that the Ethereum Foundation will not take action in 2024 and is also selling off, there are concerns about the project's prospects. Third: The public chain competition has been surpassed by SOL, while Ethereum remains lukewarm; however, the SOL chain has benefited from the meme craze, gaining market flow and liquidity.
Ethereum's performance has indeed been very poor, showing a significant divergence from Bitcoin. While Bitcoin is still struggling to maintain some value, Ethereum continues to decline, raising questions about the responsibility of the Ethereum Foundation and its founder, Vitalik Buterin.
Firstly, as the leader of Ethereum, Vitalik does not seem to be well-prepared to respond to market changes. The frequent upgrades and technological promises of Ethereum have not translated into actual market performance, instead leaving many investors disappointed. Even more disheartening is the fact that the Ethereum Foundation continues to frequently sell coins in such circumstances, causing panic and distrust in the market. Such actions inevitably raise doubts about whether they are prioritizing their own interests over the health of the entire ecosystem.
The extent of Ethereum's decline this time is quite severe, affecting not only the wealth of many investors but also casting doubt on the future of the project. It is truly astonishing that Vitalik appears openly in Hong Kong against this backdrop, leaving people speechless. This attitude seems to reflect a disregard for reality, or perhaps he simply does not care about the hardships faced by ordinary investors.
The current situation of Ethereum urgently needs reflection; the foundation and its founder need to take on more responsibility. It is hoped that they will take these issues seriously, rather than continuing to engage in superficial efforts for their own benefit. Otherwise, Ethereum may be left behind in the fierce competition.
Powell's Speech Analysis: Originally expected to cut rates 4 times, old Powell insists on cutting rates 2 times. At the same time, he firmly opposes Trump, saying it is impossible to pressure me to cut rates with tariffs. Old Powell really enjoys his current job, and it is impossible to make old Powell resign.#鲍威尔发言 #加密市场回调
9.5 Analysis of Bitcoin’s intraday market - with operational ideas.
After Bitcoin hit 55606 yesterday, it quickly rebounded to around 58500 last night, and then fell back. Based on the strength of yesterday’s rebound, Bitcoin has rebounded back to above 57900. There is actually hope for a 4h level rebound. At present, I personally think that we can’t continue to be overly bearish here, because the decline is obviously a divergence. Even if the short-term continues to fall and breaks below 55606, it will not go deep and will rebound again. There is still demand for a rebound. It’s just that the rebound last night failed to form an upward trend structure, and it fell to around 56,500 today. Therefore, even if there is a 4h level rebound here in the short term, it is difficult to go directly to around 65,000 or higher. It is more like a central oscillation at the 4h level.
8.30 Bitcoin intraday market analysis - with operational ideas.
We are about to enter September, and the Federal Reserve is expected to cut interest rates at its interest rate meeting on September 19. This news will undoubtedly affect the market, causing market fluctuations to varying degrees. We all know that raising interest rates is bad news, while cutting interest rates is good news. The overall market trend in August was volatile. Bitcoin rebounded to 65,000 at its highest. After breaking through 62,000, it rose to the next pressure level and then began to fall. The current price is around 59,400. There will be an interest rate meeting in September, and multiple cryptocurrency hearings on the 10th, 18th, and 23rd will affect the market. The market in September should be more intense than in August. August was still a volatile market overall. Let's make a simple directional analysis of the market based on the market, and you can use it as a reference;
Analysis of Ethereum's early morning market on August 17 ~ with operational ideas
Yesterday morning, the closing price of the coin did not stand firm at the 2675 line, and then fell under pressure. The low-long strategy we deployed yesterday also successfully exited near the high point. Congratulations to those who followed. On the daily chart, the current MACD and KDJ indicators show a weaker bullish sentiment, and the MA5 10-day moving average tends to rise slightly, but the daily BOLL band middle track and the MA30 daily moving average are pressed down, which limits the current price rebound. On the daily chart, the short-term price is still in a small range of shocks and adjustments. At present, the daily line is strongly pressing the 2780 line, which is very important. If this position is not stable this week, the MA5 daily moving average will press down the price again after the weekly K update next week, and the trend next week will continue the downward sentiment. The current reference for the daily chart is mainly 4 hours.
1. Too many new coins are listed on the exchange, and the new coins are not strictly reviewed. Three new coins have been listed in the past three days, ZK, ZRO, IO, and lista. The market value of the new coins is too high, false propaganda is serious, and the number of tokens unlocked is huge.
2. Insufficient market liquidity, too many altcoins, serious blood sucking of primary and secondary altcoins, ETFs slowly flow into BTC and ETH through funds, and altcoins lack liquidity.
3. Most project parties have no pattern, they sell them as soon as they go online, and basically do not protect the market. The old coins disappear and they are directly replaced by new coins to continue harvesting.
4. The market hype disappears, and the market falls at the slightest disturbance. Value coins and fans do not take over each other. It is difficult to hoard coins in the market now, and the long-term is directly zero.
The only hope for the market is that institutions work together to pull the market, Ethereum ETF through transactions, liquidity increases, wars end, interest rates are cut, and presidential elections!
When will the Ethereum spot ETF be listed for trading?
Last month on May 20, Ethereum spot ETF was approved, and then Ethereum rose 25% in 24 hours, setting a record. A full month has passed since May 21. Bloomberg predicts that BlackRock, Fidelity and other 7 Ethereum spot ETFs will be officially listed on July 4. Now there are only 10 days away from July 4. There has been no sign of a second wave of Ethereum ETF hype in the past month. I used to want to bet on a second wave of Ethereum ETF, but now it seems like just a thought. Now I just want to get through these 10 days smoothly and see whether the Ethereum BlackRock spot ETF will be listed on July 4. Anyway, it will be listed sooner or later, so hurry up and list it! Don't delay it.