Brothers, the 5.1 holiday is over, and Dan Zong has sent you a Bnb work red envelope 🧧! Comment + follow, there will be regular red envelopes! Comment: Dan Zong is awesome
The 973-952 short positions have been cleared, only taking my own share, steady
May started off well, worth celebrating, brothers let's work hard together, steady and solid, keep up the good work, let's ride the waves together! $BTC
The BTC/ETH trading pair, $BTC Bitcoin and Ethereum, is one of the most important trading pairs in the cryptocurrency market. Bitcoin, as the pioneer of cryptocurrencies, has high recognition and widespread market acceptance, regarded as digital gold, and is often used for value storage and hedging. Ethereum, on the other hand, is known for its smart contract capabilities and a rich ecosystem of decentralized applications, representing Blockchain 2.0, with a greater focus on building distributed applications and decentralized financial systems.
The BTC/ETH trading pair reflects the value relationship between these two cryptocurrencies with different characteristics and functions. Investors and traders can trade this pair to allocate assets and speculate based on their judgments of the future development trends of the two. For example, when investors believe that Bitcoin's value will rise relative to Ethereum, they may buy the BTC/ETH trading pair, and vice versa.
Additionally, the price fluctuations of this pair are influenced by various factors, including overall market sentiment, macroeconomic environment, industry policies, and the technological development of their respective networks, providing market participants with rich trading opportunities and analytical perspectives.
Yesterday (Friday), we traded 1 contract strategy. 1 take-profit order, 0 stop-loss orders. After arranging long orders 10 hours in advance yesterday, Bitcoin has been hovering between 97000 and 96300, and it was not until you went to bed (after the release of the big non-agricultural data) that it rose to the high point of the band around 97800. The point we require is relatively accurate, and it is 96268 to enter the market. But that point is more than ten U, so we wanted to increase our position, but we didn't add it in the end. The result is good. We have all taken profits between 97800 and 97500, and there was no pattern before going to bed yesterday. According to the strategy of 100 times leverage, the average comprehensive profit is between 50% and 90%. Summary: After actual combat, our trading direction and take-profit points were correct yesterday. But the entry point Sanma Ge was not too satisfied, mainly because our increase point was blocked by the dog dealer before the rise. 👇Ma Qianpao's take-profit is recorded at the high point of the band. 👉返拥
Yesterday (Friday), we traded 1 contract strategy. 1 take-profit order, 0 stop-loss orders. After arranging long orders 10 hours in advance yesterday, Bitcoin has been hovering between 97000 and 96300, and it was not until you went to bed (after the release of the big non-agricultural data) that it rose to the high point of the band around 97800. The point we require is relatively accurate, and it is 96268 to enter the market. But that point is more than ten U, so we wanted to increase our position, but we didn't add it in the end. The result is good. We have all taken profits between 97800 and 97500, and there was no pattern before going to bed yesterday. According to the strategy of 100 times leverage, the average comprehensive profit is between 50% and 90%. Summary: After actual combat, our trading direction and take-profit points were correct yesterday. But the entry point Sanma Ge was not too satisfied, mainly because our increase point was blocked by the dog dealer before the rise. 👇Ma Qianpao's take-profit is recorded at the high point of the band. 👉返拥
🧧👇Yesterday (Thursday) we traded a total of 2 contract strategies, hitting take profit on 2 contracts, 0 stop losses, and 0 emergency exits. The first order was laid out 12 hours in advance, with an early notice to hold a BTC long position at a cost of around 94,500. After holding for 1 day, Bitcoin surged to over 97,000, hitting all of our strategy’s take profit points, using 100x leverage, yielding at least a 150% profit, with the highest currently around 280%! The second order was during the night ETF opening + live trading. We shorted at 96,500 and finished the trade within 30 minutes. We took profit on all positions between 95,888 and 96,000 in a smaller 15F wave, quickly making a profit of about 60%. Summary: Today is Friday, and the major non-farm payroll data is being released, which will cause significant fluctuations. If the data isn't too bad, ETH could experience a double explosion on both long and short sides over the weekend; the retail investors losing money are mostly on ETH, while Bitcoin almost always brings in profits. 👇Detailed analysis records 👉返佣
Chainlink provides a huge range of decentralized services that stretch far beyond just providing price feeds. The project is now aiming to create all of the infrastructure that blockchains and smart contracts need in order to fulfil their ultimate potential – and their efforts have also captured the attention of the tradfi sector, leading to partnerships with many of the biggest financial institutions in the world. #LINKUSD
$XRP XRP has faced years of price struggles, with long periods of decline over multiple years overshadowing its utility. This lackluster growth led many traders to lose faith, with some dismissing it as a dying asset. Interestingly, despite regulatory challenges and market downturns, the asset remained one of the top-ranking cryptocurrencies by market capitalization throughout this period.
However, recent price rallies have breathed life into XRP. Particularly, this rally has seen the value of XRP grow massively since November 2024
#XRPETFIncoming? XRP is down 3% on Saturday as asset manager Purpose Investments submitted a prospectus with Canada securities regulators to launch a Ripple (XRP) exchange-traded fund (ETF). The firm seeks to beat US companies — as the US Securities & Exchange Commission (SEC) is yet to respond to their filings — to launch the world's first spot XRP ETF.
#OnChainLendingSurge On-chain lending has been experiencing significant growth, driven by increasing demand for decentralized finance (DeFi) services. The total value locked (TVL) in on-chain lending protocols has been rising, with platforms like Aave and Compound leading the charge ¹.
*Key Drivers of the On-Chain Lending Surge:* - _Growing Demand for DeFi_: The DeFi market has been expanding rapidly, with more users seeking decentralized lending and borrowing options. - _Improving Capital Efficiency_: Protocols like Morpho are optimizing capital utilization, allowing for more efficient lending and borrowing ¹. - _Increasing Adoption of Real-World Assets (RWAs)_: The integration of RWAs as collateral is expanding the on-chain lending market, making it more attractive to institutional investors ¹. *Notable On-Chain Lending Platforms:* - _Aave_: A leading DeFi lending protocol with a significant market share - _Compound_: Another prominent lending protocol that has experienced fluctuations in market share
#BitcoinHashRateSurge Bitcoin's hashrate has surged to record highs, reaching an astonishing 667,144,834 terahashes per second (TH/s) on July 26, 2024. This significant milestone enhances the network's security, making it increasingly difficult for malicious actors to execute a 51% attack.
The surge in hashrate is driven by growing competition among Bitcoin miners. As more miners join the network, the difficulty of solving complex cryptographic puzzles increases, necessitating more advanced and efficient mining technology. This drives innovation and improvement in the crypto mining industry.
A higher hashrate generally means increased security, as it becomes more challenging for malicious actors to control the majority of the network's computing power. This is because such attacks require control over the majority of the network's computing power, which becomes harder as the hashrate rises.
In recent months, Bitcoin's hashrate has experienced a significant surge, setting new all-time highs and marking a key milestone in the network's evolution. The Bitcoin hash rate, or the total computing power of the Bitcoin blockchain, has soared to 439 exahashes per second (EH/s)