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The biggest bull market of #CPI数据来袭 started on May 13 Historically, each altcoin season begins approximately 180 days after the #CPI数据来袭 halving. It happened in 2017. It happened again in 2021. In 2025—altcoins will explode. Below is a list of low market cap tokens with 1000x potential.
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The largest bull market for #山寨季何时到来 started on May 13 Historically, every altcoin season begins about 180 days after the $BTC halving. It happened in 2017. It happened again in 2021. In 2025—altcoins will explode. Below is a list of low market cap tokens with 1000x potential.
$BTC Whale Shorting BTC/ETH/SOL Floating Profit of 6.38 Million USD Recently, the focus of the crypto market has been on the dynamics of whales shorting BTC, ETH, and SOL, particularly the successful operations of whales 0x5b5d and 0xB83D. According to the latest reports, whale 0x5b5d has been shorting crypto assets worth 228 million dollars using 50.5 million USDC with 5x leverage since May 9, resulting in a floating profit of 6.38 million dollars. This phenomenon reflects the bearish sentiment towards these three major cryptocurrencies, possibly linked to recent market volatility, changes in the macroeconomic environment, and shifts in investor sentiment. The operations of the whales not only demonstrate their keen insight into market trends but may also trigger follow-on trading from other investors, further intensifying market volatility. It is worth noting that the successful shorting by the whales could exert downward pressure on the prices of BTC, ETH, and SOL, especially in a market generally lacking confidence. In the coming weeks, market trends will be closely monitored, particularly whether the whales will continue to expand their short positions or choose to close them for profit while in a floating profit state. Additionally, fundamental market factors such as regulatory policy changes, technological advancements, and other macroeconomic indicators may significantly impact price trends. Overall, the shorting strategy of the whales not only reflects short-term market volatility but may also signify broader market trends, and investors should cautiously respond to potential risks.
The price of Bitcoin (BTC) is declining, and the altcoin market is generally following suit, with funds rotating to relatively weaker sectors. The U.S. stock market is experiencing a strong upward trend, while gold prices have dropped significantly. It is noteworthy that the China-U.S. trade talks have made some progress, leading to changes in the market's expectations for a Federal Reserve rate cut. Investors are lowering their rate cut bets, and Goldman Sachs' latest forecast shows that the timing for the Federal Reserve's first rate cut this year has been pushed from July to December.
The selected cryptocurrency market is generally in correction, with only the PayFi and CeFi sectors relatively strong.
According to data, the cryptocurrency market sectors are generally in correction. Bitcoin (BTC) has fallen 1.47% in the last 24 hours, correcting to around $102,000. Ethereum (ETH) has corrected for three consecutive days, falling 2.22% in the last 24 hours, dropping below $2500. In addition, the PayFi and CeFi sectors are relatively strong, increasing by 3.30% and 0.04% respectively. Within the PayFi sector, XRP increased by 3.56%. Within the CeFi sector, LEO Token (LEO) increased by 3.70%. The cryptocurrency sector index reflecting the historical market data shows that ssiPayFi increased by 3.43% in the last 24 hours, while ssiCeFi decreased by 0.17%, with weekly returns of 14.39% and 8.85% respectively. In other sectors, the Layer 1 sector fell by 1.37% in the last 24 hours, the NFT sector fell by 1.98%, but MocaCoin (MOCA) rose against the trend by 3.59%; the DeFi sector fell by 3.27%, with the previously high-gaining Ethena (ENA) falling by 11.79%; the Layer 2 sector dropped by 3.44%, and the Meme sector fell by 4.15%, but dogwifhat (WIF) remained strong, peaking at 9.58% during trading.
Real-time data·11:08:25· BTC$104135.47
ETH$2552.8179 XRP$2.4226631
Selected Solanal co-founder proposed the Meta blockchain concept, using multi-chain data sorting to reduce DA costs.