CakeBaBa

Wow! The SUI ecosystem has really risen!!!
$SUI has recently exploded, with token prices and ecosystem data showing strong performance. The driving factors behind this are closely related to technological breakthroughs, ecosystem explosions, capital resonance, and innovations in staking mechanisms. With technological iterations, continuous capital inflow, and the breakout of ecosystem applications, SUI's core competitiveness will continue to improve, and it is expected to become a leader in public chain competitions!
So it's said that the rhythm of SUI is truly fierce, and its ecosystem expansion is comparable to that of Solana in its early days.

Explosion before removal? $ALPACA has overturned everyone's perception of return on investment. It can be said that this is the behavior of a top trader. Just by eating the funding rate, the margin of retail investors can be eaten up. It's really fucking awesome. The air force is really strong.
$ALPACA #Hashdex推出XRP现货ETF

Recently, the cryptocurrency market has experienced a strong rebound, with Bitcoin's price approaching the $95,000 mark and Ethereum breaking through $1,800. Some mainstream coins and altcoins have generally risen together.

This round of market movement is mainly driven by multiple short-term positive factors: on one hand, the violent rebound in the U.S. stock market on Tuesday has a certain correlation with Bitcoin, boosting the sentiment in the crypto market; on the other hand, Trump has released policy signals to lower tariffs on China and not interfere with the independence of the Federal Reserve, coupled with a significant net inflow of funds into U.S. virtual asset spot ETFs over several days, further strengthening the market's expectations for liquidity easing.

Moreover, while the potential benefits of Ethereum's upgrade in May and the approval of a staking ETF have not yet materialized, some investors have already bet on the potential increase in staking returns and ecosystem optimization brought about by its technological upgrade. However, it remains to be seen whether this is a bottom reversal or an apocalyptic situation that requires ongoing observation.

Although there has indeed been a significant increase in the market over the past two days, it is still too early to conclude that the trend has reversed. The sustainability of the current upward momentum remains a concern. On-chain data for Ethereum shows that the Ethereum Foundation and whale addresses are still continuously offloading assets, and there is skepticism about whether the upgrade's positive impact can translate into actual demand. While Bitcoin has broken through a key resistance level, the ability of ETF fund inflows to be sustained in the long term still needs to be observed in relation to U.S. stock market volatility and Federal Reserve policy direction. Especially since the expectation of interest rate cuts in June has not yet been fully realized, if the macro environment changes due to fluctuating inflation, the crypto market may face the risk of a correlated pullback.

In the short term, caution is required when chasing highs. If Bitcoin experiences significant pullbacks, it may be timely to conduct wave operations to lower holding costs, while also being wary of price fluctuations driven by sentiment in a “news-driven market.” The medium to long-term direction may need to wait for clarity on the Federal Reserve's policy path, as well as verification of on-chain data after Ethereum's upgrade.

Currently, BTC has temporarily broken through what I consider the last defense zone for bears around 91100. The upcoming trend will likely pull back to look bullish. If it surges directly without a pullback, then I expect a significant pullback around 95-96.

The Understanding King is again chasing after the Federal Reserve, shouting for interest rate cuts: "If you don't cut soon, the American economy will collapse!" This statement has scared the stock market, making it swing like a roller coaster, and even the US dollar is panicking. The White House and the Federal Reserve seem to be at a standoff.

On one side, the Understanding King wants to quickly cut interest rates to reduce the impact of tariff policies on the US economy; on the other side, the Federal Reserve is shaking its head at the inflation data: "Don't mess around, rising prices will be even more troublesome!" They have been arguing fiercely before the interest rate meeting on May 6, one wanting to hit the brakes and the other wanting to step on the gas, making the monetary policy clash loudly.

But this situation is really not sustainable. If the Federal Reserve is forced to cut rates, US Treasury bonds are likely to cry: "Can the whole world still trust me?" Capital will also get nervous and secretly burrow into gold.

Moreover, economic matters are not something to be swayed by slogans. If you forcibly inject loose monetary policy, you'll eventually get slapped by inflation, and no one will be able to escape. To put it simply, the White House wants to take shortcuts and be lazy, while the Federal Reserve must stick to its principles and not give in. If monetary policy becomes playdough in the hands of politics, in the end, it will be the American people who suffer the consequences.
#特朗普施压鲍威尔

The market has been going strong for almost a week and suddenly it pulled down today. I wonder how many air forces have been killed and how much blood has been spilled. Everyone, please pay attention to the news. #中美贸易关系

Recently, various exchanges have had problems one after another. Last time, Bybit Exchange suffered a theft of 1.5 billion US dollars. Later, OKX’s wallet was directly banned from trading by the European Union. Now, Bitget Exchange has grid trading, and finally chose to perfunctorily deal with it by rolling back. I don’t know if BN is also planning to do something big, so everyone should pay attention to the related risks.
#Bitget

#鲍威尔发言
Why are you starting to curse at each other? The love-hate relationship between these two is nothing new. Why don't you two just live together? The King of Understanding can't stand it but can't do anything about it, so he can only engage in a war of words
$BTC $ETH

Everyone can pay attention to his speech tonight #鲍威尔

From a short-term perspective, $BTC has already fallen below the upper range of fluctuations, and it is difficult to see a significant rebound in the short term, approaching a break below 83k. If it breaks below, the support level of 81800 will face a test.
Therefore, in short-term operations, a rebound is a great opportunity to short.
#币安上线WCT

The current high uncertainty in the market has provided a lot of projects the space to manipulate, previously ACT, MASK, now $OM , and there will be more projects that experience such flash crashes in the future.
Looking back at history, we can find that events like Luna and FTX also occurred during a backdrop of liquidity drying up and high uncertainty, leading the crypto circle step by step into a bear market.