The 'perpetual contract' that sounds super cool; I guarantee you'll understand it at first glance.
Think of perpetual contracts as a 'game that never ends'. In general investments, like buying a financial product, there’s always a maturity date. But perpetual contracts are different; they’re like a game you can join and leave at any time. As long as your capital (the 'margin') isn't completely lost, you can play as long as you want. What are you betting on? Whether a certain coin will rise or fall in the future. What does 'leveraging' mean? It means borrowing money from the dealer to increase your bet. This part is key, and also the most dangerous. Suppose you have 10 dollars and feel the game isn’t exciting enough. At this point, the dealer (exchange) says: 'No problem, I’ll lend you 990 dollars so you can play with 1000 dollars. If you win, it's yours; I’ll just take a bit of interest.' This is '100x leverage'.
Recently, the price of Ethereum has been continuously rising strongly, with a clear upward trend and relatively small fluctuations, creating an illusion for many investors that "the price keeps soaring without any pullback." Many retail investors see the price constantly climbing and are eager to buy in fully, fearing being left out of the upward trend. However, in fact, this market condition is likely a situation intentionally created by major funds controlling the market. The profit strategy of major players usually involves pushing the price up continuously, forcing retail investors to feel the pressure of "if they don’t buy now, they will miss out," thus attracting a large amount of chasing buy orders. Once a significant number of retail investors enter the market, the major players may suddenly crash the price to create a pullback, forcing those who chased higher prices to cut their losses and exit, after which the major players take the opportunity to buy back at low prices. This “pump and dump - wash trading” tactic is well-known among seasoned investors in the market. Currently, the price of Ethereum is expected to reach the high range of $4800 - $5000, at which point the market will likely experience a correction and washout of about 30%. This pullback is necessary, primarily to release the pressure of previously accumulated profit chips, stabilize the price structure, and ensure the healthy continuation of the subsequent rise. Rapid increases without washout and turnover are difficult to maintain in terms of price stability and continuity. My advice is: investors should avoid blindly following the trend and chasing highs, especially not to invest heavily all at once. A more rational approach is to wait for a price pullback, then gradually build positions at more reasonable prices. Only by patiently waiting for the major players to complete their washout can one reduce the risk of being trapped and avoid becoming a “bag holder” for those who chased higher prices. In summary, the purpose of the market's major players is to make money, not charity. Recognizing the rhythm of major players and mastering the timing of buying is the key to stable investing in Ethereum. The current bullish trend is still clear, but it is crucial not to be led by short-term market fluctuations; maintaining calm and strategic operations is particularly important. #以太坊创历史新高倒计时 #主流币轮动上涨
A friend said that by using 1000U during the Alpha points accumulation period, if you earn 18 points daily for 15 days, you can accumulate 270 points and claim 8 airdrops — is this reliable? I reviewed the logic and feel the possibility is low. Let's discuss the details:
First, let's look at how points are earned: With a principal of 1000U (the actual balance needs to be slightly higher than 1000U), through limited price trading on the BSC chain (with trading volume counted as 4 times), you need to complete 16.4 full transactions daily (buy + sell counts as 1 transaction, totaling 32 operations). The transaction fee is about 3.2U, and you can earn 16 trading points; plus 2 points from the balance, totaling 18 points per day, and in 15 days, exactly 270 points.
But the key lies in the airdrop claim threshold: Each time you claim an airdrop costs 15 points, so for 8 times, that’s 120 points, leaving you with 270 - 120 = 150 points. However, the minimum threshold for airdrops in the last 20 days has been 200 points (for example, in the #Game event, phase one was 237 points, and phase two was 200 points); it has only once dropped to 185 points, and that was quickly claimed. According to normal procedures, if your points are below 200, you cannot claim.
Based on the consumption progress: 270 points → claim 1 time leaving 255 → claim 2 times leaving 240 → claim 3 times leaving 225 → claim 4 times leaving 210 → claim 5 times leaving 195 → subsequent points would be 180, 165, and 150, clearly showing that from the 5th claim onward, the points fall below the 200-point threshold.
The only possible "loophole" is the time window: Binance points are updated daily from 8:00 AM to 2:00 PM. If you can stall the time before the update, you might be able to claim more before the points are deducted in real-time. But this requires "four claims in one day" (claiming 4 airdrops in one day), whereas since July, the most seen has been "three claims in one day," and "four claims" has never appeared. If such a situation occurs only once every two or three months, then the claim of "270 points to claim 8 times" could mislead newcomers.
Has anyone ever seen a situation where 4 airdrops were claimed in one day? How often does it happen? Let's discuss~ #ALPHA #空投 @WalletConnect #WalletConnect $WCT
Post-90s Crypto Veteran: From 190,000 to 7,000,000 in 4 Years, Relying Only on a 'Stupid' Method
I am 34 years old this year, from Suzhou, Jiangsu Province, currently living in Wuhan. I own two villas, one for my family and one for myself. I have been trading cryptocurrencies for 4 years, turning an initial capital of 190,000 into 7,000,000, without relying on insider information or luck, but solely on a 'stupid method'.
Now, I will share my 1,460 days of experience with you for free.
Today, I will reveal these 6 iron laws of the crypto world from the bottom of my heart. If you understand one, you can avoid losing 100,000; if you can do three, you have already surpassed 90% of retail investors.
First Law: Rapid increases and slow decreases indicate that the big players are quietly accumulating. Don't rush to exit. A quick surge followed by a slow pullback is not a peak; it is a distribution phase. What is concerning is a rapid drop after a significant increase, which is a trap for buyers.
Second Law: Rapid decreases and slow increases indicate that the big players are fleeing. When prices crash quickly and then rebound slowly, it’s not an opportunity to buy cheap; it’s the last wave to lure in buyers. Don’t hold onto the illusion of "it has dropped so much, can it drop further?"
Third Law: High volume at the top doesn’t necessarily mean a crash; low volume is truly dangerous. If there is continuous high volume at a peak, there may still be a chance for another surge; but if the market is dead and volume is low at a high point, be cautious of a collapse.
Fourth Law: Don’t get excited about volume at the bottom; continuous volume is more reliable. One-time volume spikes are bait. Watch for sustained volume over multiple days, especially after a period of low volume consolidation; that’s a signal to build a position.
Fifth Law: Trading cryptocurrencies is about trading emotions; price movements are all reflected in volume. You think you should focus on candlestick charts, but you should actually focus on market sentiment. Trading volume is a mirror of consensus, and price is merely a reflection.
Sixth Law: 'Nothing' is the ultimate realm of the crypto world. No attachment, able to hold cash; no greed, not chasing highs; no fear, willing to take action. This is not being passive; it’s the strongest trading psychological quality.
There are always opportunities in the market; what’s lacking is your ability to control your hands and see the situation clearly. What can truly help you break free is someone who can guide you to see the rhythm and point you in the right direction.
It’s not that you’re not fast enough; it’s that you are stumbling around in the dark alone. Brother Jie has always been there, the light is right in front of you, and if you don’t keep up, you will forever be trapped in the darkness.
Important news in the crypto market today 📈 (But is it really so?)
Friends, today's crypto market is overflowing with various news! But we need to keep our eyes wide open to see how much substance there really is behind these messages~ 🤔 Did Trump sign a bill? Is it really a good thing? Everyone is talking about the GENIUS bill as a historic breakthrough, the U.S. finally set rules for #stablecoins. Sounds great, right? But wait... 🚨 Is this "regulation" really to protect investors, or to give the government more control? Have you read the specific provisions of the bill, or are you just attracted by the headline? Why is there suddenly a push to regulate stablecoins? What are the unknown reasons behind it?
With whispers of interest rate cuts, is the crypto space about to get lively? Hold on, first see who is sitting at the table!
Recently, everyone has been saying that the big boss in the US (the Federal Reserve) might cut interest rates. Based on past experience, cutting rates equals injecting money into the market; with more money, risky assets like Bitcoin tend to rise, which sounds like good news, right? But this time, before you prepare to go 'all in,' you need to see that the rules of the game and the players at the table are no longer what they used to be. The first thing: there are finally police on the streets, cowboys can't shoot recklessly anymore. In the past, the cryptocurrency space, especially stablecoins, was like a Western movie; whoever had the fastest gun was the boss. Many companies claimed that their stablecoins were pegged to the dollar at 1:1, but who knows if there was actually money behind it! Terra/LUNA is a bloody example; it collapsed suddenly, hundreds of billions of dollars evaporated in an instant, and many people's fortunes went to zero overnight.
As a developer, I must give a thumbs up to the technical architecture of @WalletConnect ! 👨💻
I still remember when I first entered the space in 2018, every connection to a DApp was a nightmare: browser plugin conflicts, poor mobile support, security concerns... At that time, I really envied the seamless experience of traditional internet.
@WalletConnect has completely changed all of this! By using QR codes and end-to-end encryption, it ensures security while addressing cross-device compatibility issues. The key point is that it is an open protocol, allowing any wallet and DApp to connect.
Now, with the launch of the $WCT token, this protocol has an economic incentive model. Staking for governance rights and participating in network decisions—this decentralized governance mechanism is amazing!
From a technical perspective, it supports over 600 wallets and more than 40,000 application projects, which is absolutely top-level in the Web3 field. Moreover, it is continuously expanding to new chains, such as the recent integration with Solana, which has a lot of imaginative potential.
Web3 needs more infrastructure projects like this to allow ordinary users to enjoy a smooth experience.
Recently, @chainbasehq was launched as the 28th HODLer airdrop project by Binance. To be honest, this project really impressed me! 🔥
When I first heard the concept of "full-chain data network", I thought it was just another boring infrastructure project. But after digging deeper, I found out that this guy is essentially creating the "Databricks of the blockchain world"!
Imagine this: blockchain data is like scattered pearls, with each chain having its own data island. And @ChainbaseHQ is the string that threads these pearls together, integrating data from over 200 blockchains into structured data that AI can directly use.
What’s most impressive is their Theia AI model, developed based on Google DORA, which can directly understand the logic of on-chain data. This means ordinary users can ask in natural language, "Which wallets are hoarding ETH?" and get an answer without having to look at those dense data tables...
Tencent's investment of $15 million as the leading investor makes sense now, processing 600 million data calls daily, with over 30,000 developers. This growth rate feels like the rhythm of the next unicorn!
The historical performance of Binance HODLer airdrop projects has been quite good. Do you all think $C will be the next hit?