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Regarding Sui freezing the hacker's funds, the underlying logic directly represents two completely different value systems (of course, one could also say that if the stick hasn't hit your own backside, you don't feel the pain 😂). Extreme decentralization believers think that public chains must be like Bitcoin and Ethereum, and there should never be any active intervention, regardless of the situation, even in the case of hackers stealing coins, which could potentially ruin the entire project. They must fully accept this due to the spirit of decentralization and cannot take any action to intercept the hacker's funds. Of course, Ethereum is not completely decentralized since there was the TheDAO incident before.
On the other hand, another group of pragmatists (let's call them that) believes that a certain level of centralization is needed as an arbiter to intervene in inherently incorrect actions like hackers stealing funds, which could also affect the funds of many users and the security of the project. They are more accepting of appropriate centralization. However, the issue here, aside from the fact that centralization contaminates the spirit of decentralization, is whether this arbiter is sufficiently impartial and does not abuse its power to swing the big stick recklessly. #比特币突破11万美元
On the other hand, another group of pragmatists (let's call them that) believes that a certain level of centralization is needed as an arbiter to intervene in inherently incorrect actions like hackers stealing funds, which could also affect the funds of many users and the security of the project. They are more accepting of appropriate centralization. However, the issue here, aside from the fact that centralization contaminates the spirit of decentralization, is whether this arbiter is sufficiently impartial and does not abuse its power to swing the big stick recklessly. #比特币突破11万美元
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He shorted $LUNA at a price of 90 dollars
He predicts that the $TRUMP token will launch in 2024
Meet GCR - the greatest memecoin trader of all time
The person who turned 1000 dollars into 1 billion dollars
He predicts that the $TRUMP token will launch in 2024
Meet GCR - the greatest memecoin trader of all time
The person who turned 1000 dollars into 1 billion dollars
My Futures Portfolio
0 / 200
Minimum 10USDT
Copy trader have earned in last 7 days
-10.95
USDT
7D ROI
-0.52%
AUM
$2068.93
Win Rate
0.00%
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Short or Long, let's discuss #CPI数据来袭
My Futures Portfolio
0 / 200
Minimum 10USDT
Copy trader have earned in last 7 days
-10.95
USDT
7D ROI
-0.52%
AUM
$2068.93
Win Rate
0.00%
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#本周高光时刻 Thank you for the market's forgiveness
My Futures Portfolio
0 / 200
Minimum 10USDT
Copy trader have earned in last 7 days
-10.95
USDT
7D ROI
-0.52%
AUM
$2068.93
Win Rate
0.00%
See original
After the post yesterday, ETH continues to rise, with the increase in orders exceeding 50%. On one hand, after a 20% increase in one day, some people may take profits, leading to a decline. However, compared to BTC's 100,000, ETH's price is still at a historical low.
BTCUSDC
Long
Closed
PNL (USDT)
+254.21
See original
After the post was published yesterday, ETH continued to rise, with the growth rate of the positions exceeding 50%. On one hand, after a 20% increase in a day, some people may take profits, leading to a decline. However, compared to BTC's 100,000, ETH's price is still at a historically low level of 87,429,562,957.
BTCUSDC
Long
Closed
PNL (USDT)
+254.21
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In previous trades, pursuing a high win rate often leads to the dilemma of being hesitant with orders. The profit from a well-executed trade is much greater than the loss from a stop loss, thereby ensuring stable profits. Here are the actual trading records, let's first set a small goal of 10 times to 10,000 U$ETH #交易故事
BTCUSDC
Short
Closed
PNL (USDT)
-17.23
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Two order opening suggestions
$WIF rebounded strongly again and is now at resistance. I am pretty sure it will go higher once we take profits. No, $WIF has completely retreated from this resistance level, testing H4EMA200 here, because it rebounds every time and stops below the EMA, the size is small, and every retracement has a chance to rebound. You can try to open a small long position. $ETH has been fluctuating repeatedly in the range in the past week, which is consistent with my previous tweet. At the same time, it has now returned to above 3800. Whether it will continue to fluctuate or break through next is still to be discussed. You can try a long position with a small position when the last obstacle needs to be overcome. That is, once it breaks through $4,000, the future is bright, and you can try to break through the previous high.
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Analysis of the impact of BTC's trend on ETH and some altcoins
Crypto Market Update Ideally, $BTC moves sideways in a mid-range, which will allow $ETH/BTC to break out of the bullish trend, as I showed in today's chart, and start a nice altcoin season in Q3-Q4 for all categories of coins, from high to low, one after the other, and then all at the same time when new money comes
BTC's performance is not very impressive now. It started to slow down before reaching the high point of the range. However, overall it should remain in this range and then may go higher. $BTC is sideways = $ETH /BTC and altcoins are rising. BTC needs time to digest the rise in the previous stage.
BTC's performance is not very impressive now. It started to slow down before reaching the high point of the range. However, overall it should remain in this range and then may go higher. $BTC is sideways = $ETH /BTC and altcoins are rising. BTC needs time to digest the rise in the previous stage.
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With the approval of ETH ETF, let’s analyze the trend of BTC from a technical perspective
#现货以太坊ETF获美SEC批准 #eth <t-12/>#btc Amid the Ethereum ETF hype, let’s take a moment to assess the market and see where $BTC is headed. -
Weekly chart: The price is compressing and heading towards the parabolic trendline, indicating that the next leg up is imminent. Stochastic has formed a golden cross and RSI shows divergence, which is lower than when $BTC was $40,000. Taken together, this shows that the market is ready for the next leg up.
Daily chart: Price closed inside the reversal FVG as expected and should remain within this range for the next few days. The lower semicircular pattern represents short-term tops and bottoms, and based on this pattern, a bottom and reversal should occur in the next two days, consistent with the parabolic trendline and daily FVG.
Weekly chart: The price is compressing and heading towards the parabolic trendline, indicating that the next leg up is imminent. Stochastic has formed a golden cross and RSI shows divergence, which is lower than when $BTC was $40,000. Taken together, this shows that the market is ready for the next leg up.
Daily chart: Price closed inside the reversal FVG as expected and should remain within this range for the next few days. The lower semicircular pattern represents short-term tops and bottoms, and based on this pattern, a bottom and reversal should occur in the next two days, consistent with the parabolic trendline and daily FVG.
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Some thoughts on Sol Eth
#eth#sol#btc
$ETH continues to move higher, breaking through the $4,000 resistance. A few more days of volatility are expected, and as expected, $ETH fell back slightly to key support. A few more days of volatility are expected before setting new highs and ATHs. Patience is key. But with the ETH ETF launch approaching, the upside still has great momentum, and it shouldn't be long before setting new all-time highs
$SOL continues to gain strength while the rest of the market takes a breather. Repeating the exact same pattern from February/March of this year. Looks ready to make new highs. Send it
The market is full of changes, so you need to be cautious when investing. Wait for opportunities when the market is calm, and exit when the market is booming.
$ETH continues to move higher, breaking through the $4,000 resistance. A few more days of volatility are expected, and as expected, $ETH fell back slightly to key support. A few more days of volatility are expected before setting new highs and ATHs. Patience is key. But with the ETH ETF launch approaching, the upside still has great momentum, and it shouldn't be long before setting new all-time highs
$SOL continues to gain strength while the rest of the market takes a breather. Repeating the exact same pattern from February/March of this year. Looks ready to make new highs. Send it
The market is full of changes, so you need to be cautious when investing. Wait for opportunities when the market is calm, and exit when the market is booming.
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Donald Trump says he will:
-Support crypto businesses
-Support self-custody
-Keep Elizabeth Warren away from Bitcoin
-Ban central banks from issuing digital currencies
-Support crypto businesses
-Support self-custody
-Keep Elizabeth Warren away from Bitcoin
-Ban central banks from issuing digital currencies
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Will ETH continue to lead the rise?
If we want to understand this problem, we first need to know what is the driving force behind ETH's rise. Now that ETH ETF is about to be launched, it is good for ETH, but the good news turns out to be bad news. Just as there was a wave of rise before the approval of Hong Kong ETF, whether ETH ETF can continue to provide momentum for the rise after its launch remains to be discussed.
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