小B子还剩多些

The Golden Retriever has lost its credibility. The promised strong policies, the treasury would buy money, but in the end it turned out to be a big mess. It is far from expectations, we will not buy, we will only confiscate and not sell. TMD treating capitalists like fools?

#机构疯抢以太坊 Ether is still falling, with no strong narrative. What is being said is all soft and weak. First, the Ethereum Foundation sold off, then JPMorgan quickly came out to say not to panic, there's a stablecoin narrative to cushion it, bringing out the institutions that are holding coins, and so-and-so has bought again.
First, there are now chains everywhere; there are more chains than coins, and it doesn't necessarily have to rely on your Ether 😬. Will the offshore fiat currency of big countries?
Second: If I remember correctly, institutions went from 2,000 to 3,400, how much did they sell, and what was the average price? The young master of the golden retriever family also called for a buy when it pulled back to 3,300, so some people have political tasks to fulfill; they have to sell off. A mutual run on the bank could trigger a stock market crash in the U.S.
Third: The Ethereum Foundation will sell off; they will sell at every high.
Currently, this bubble has been inflated by the virtual currency policy of the current U.S. government and has also burst because of it. So continue to be bearish on 4,000; let's see if it breaks 4,000 over the weekend. Personally, I feel that breaking 4 is just a matter of time.

$CFX Buy a few thousand, take short positions.

技术性看，4600有一堆挂单的，机构持谨慎状态，正在陆续出货_

#加密市场回调 Newbie judgment that Ethereum and Bitcoin will definitely pull back, how Ethereum rises, the magnitude of the pullback will be as fast, and it is a long downward cycle. At the same time, waiting for cheap chips, make a short position. The most important thing in futures trading is to manage positions, bearish until September.

#BitlayerL
This project is quite interesting:
Bitlayer is the first Layer 2 solution for Bitcoin, aiming to solve several existing problems with Bitcoin. As we all know, Bitcoin transactions are slow, transaction fees are high, and it lacks strong programmability, which limits its development. Bitlayer addresses these pain points.

Its security is as strong as Bitcoin's, and it introduces Turing-complete programmability, allowing developers to create more complex decentralized applications and smart contracts, thereby expanding Bitcoin's functionality. Technically, it adopts the Bit VM paradigm, combining zero-knowledge validity proofs and optimistic fraud proofs to generate zero-knowledge proofs for verifying Layer 2 state transitions, thereby reducing settlement costs.

Its development is divided into three phases: in April 2024, a proof-of-stake version will be launched, achieving compatibility with the Ethereum Virtual Machine and cross-chain functionality; in the first and second quarters of 2025, a Bit VM-based Rollup will be launched; and in the fourth quarter of 2025, the focus will be on improving performance, scalability, and user experience.

In terms of the ecosystem, there are developer toolkits, faucets, mainnet browsers, multi-signature wallets, and The Graph for indexing and accessing real-time blockchain data. Currently, Bitlayer is developing well, established in 2023, headquartered in Singapore, with a valuation of over $300 million, and has received investment from a U.S. financial firm. Six months after the mainnet launch, the value of Bitcoin assets on the platform has surpassed $550 million, with an average daily trading volume of over 150,000 transactions, supporting about 300 real-time projects and serving over 700,000 community members.@BitlayerLabs

#CFX can enter, check the signal when exiting, there will be a rebound.

#以太坊创历史新高倒计时 #BTC再创新高 continues to be bearish. The market makers are creating illusions, making everyone believe that the pullback has ended, but in reality, it hasn't. A new high will inevitably lead to a significant pullback. The highly leveraged short sellers have almost all been wiped out, and the remaining novices who are trapped won't care at all. The capital side first tested the waters with a large bearish candlestick, and then quickly retracted to around 4700, which can sweep away some highly leveraged positions, allowing for more continuous orders to be placed, precisely indicating the signs of a large sell-off. Maintain the view of 4400 points in the morning.

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Around #以太坊创历史新高倒计时 4800, the open space is very cost-effective, with 5000 support level. If it breaks 5000, stop loss and reverse opening. Pay attention to your position, do not all in.

#以太坊创历史新高倒计时 B Circle Little White, feels like breaking 5 is definitely possible, but there will be a pullback, with 3800 as a reference for the pullback. Need to clear the bulls, and after clearing the bulls, then go up. High-leverage shorts are almost dead, and the subsequent momentum is not strong, looking bearish on 4400.

The first order went to CFX, a novice in Circle B. I feel that this CFX project is still in a fluctuation today, with the support level at 0.19300 and the resistance level at 0.202. It's a back-and-forth fluctuation, and the profit will likely be from small cycles. Both long and short positions are possible, but one should take profits at the right time. There has been a continuous net outflow for a week, but it has been supported, and if it doesn't fall, it will rise, so always watch for a breakout.