冯 宝宝在烤红薯

Pay attention to the Bonk ecosystem

Pump has already become an evil dragon

The community over at Bonk consists of degens and diamond hands

Preparing to create a collection

This is the first phase of development, referred to as the Bonk ecosystem

The meme consensus has been destroyed and collapsed by Pump; as one whale falls, all things are born, Bonk is slowly building its own layer of meme consensus

Everything is just the beginning

Like trading MKR BCH spot, slowly accumulating for 1-3 years in advance, with smaller fluctuations compared to BTC and ETH, because it is spot trading. Currently, BCH and MKR are in the main rising wave stage for weekly and monthly charts, and the MACD indicators are all golden crosses.

The reason AI hasn't pushed BCH MKR is mainly due to the instability of BTC, and the direction of the main forces is uncertain, sometimes entering the market and sometimes exiting, which will temporarily affect the system's push for ETH BCH MKR and other altcoins.

The main accumulation data for Bitcoin is currently not very stable and does not meet the criteria for listing.

Regarding the bullish news of Pump fun opening

June 21 - Announcement of pre-sale and launch
June 25 - Start of a 3-day new issuance
June 28 - Announcement of trading day time

As there are still 5 days until the originally scheduled announcement date of the 21st, there may be changes in the interim, depending on whether any issues arise in the overall market.

Let's learn about the basic situation of #RESOLV launched on Binance Spot on June 11: I have also summarized the highlights and risks of the project in the table.

1. Project Basic Introduction:
Resolv is a decentralized finance (DeFi) protocol focused on a stablecoin ecosystem based on Delta neutral strategies. Its core product is the stablecoin USR (USD Reserve), which is pegged to the US dollar price through over-collateralization with Ethereum (ETH) and Bitcoin (BTC), combined with on-chain hedging mechanisms, while providing returns to holders. Resolv's goal is to create a decentralized, capital-efficient stablecoin system by eliminating dependence on traditional fiat currency.

2. Project Background:
Financing Situation: Led by top Web3 venture capital firms including Coinbase Ventures, Delphi Digital, Gumi Cryptos, Maven11, raising approximately $10 million, with an initial valuation of $100 million.
Launch Date: June 11, 2025, with initial listings on major exchanges such as Binance, OKX, and Bitget.

3. Token Distribution:
Team and Advisors: 20% (locked for 1-2 years, gradually released).
Investors: 15% (seed round and early investment, some already unlocked).
Community and Airdrop: 50% (used to incentivize users and ecological development).
Reserve Fund: 15% (used for protocol development and market promotion).

4. Airdrop Activities:
Binance launched the HODLer airdrop, where users can earn RESOLV rewards by holding BNB or participating in staking.

5. Market Risks:
Price Volatility: The circulation of RESOLV tokens is relatively low, and there may be selling pressure or control risks in the short term. Global regulation of stablecoins is becoming increasingly strict; while decentralized stablecoins can avoid some risks associated with fiat currency backing, they may still face compliance requirements for on-chain transactions.

Odin has made quite good progress so far. From the initial establishment of the project to the first wave of price surge and a 20-30 times pullback, it has held up well. The last round of value discovery in March saw a short-term FOMO surge, which was only partially recognized by the market. It has experienced panic sell-offs and theft incidents, but the handling of these issues has been quite good. The only drawback is the founder's marketing ability, but that can also be seen as being quite down-to-earth.

Currently, many ground promotion teams have entered the market, and Odin's updates and iterations are gradually improving. Various rune tokens have also digested the bubbles. During these months of adjustment, the OKX DApp heat ranking has consistently been in the top 3, with existing funds steadily increasing. There will definitely be more space for value discovery and speculation in the future.

Sparks have seen a 97% drop from their peak and are currently fluctuating at the bottom. The community and fan base are substantial, and in the last round, it was relatively a leader. Right now, it has just passed the turning point with a market value of only around 300,000. Those interested can consider positioning themselves for a wave!

The main force of BTC in this round of market has entered and exited 2 times: the first entry and exit is a normal trend market, while the second entry and exit is equivalent to a manipulation behavior by the main force. On the 6th and 7th, the main force's chips were all exhausted. The main force wants to create another peak to blow up short positions, so they violently raised prices to form a peak. Then from the afternoon of June 12 to June 13, the goods can be taken out, referring to the main force's maximum accumulated fund data in the table.

The next support for BTC is at 101512,
If it cannot hold, it will go to 96-98.
If it can hold, we will continue to observe the main force's accumulation situation.

The market has spiked, BTC has fallen below 108,000, and AI has removed BTC from the rankings. Well, it is dynamic; it follows the capital flow. If more capital continues to flow in later, it might return to the rankings. If this position is a false breakdown, it is also possible. You can set a stop-loss and re-enter once it stabilizes. This is how trading works—set a stop-loss when it breaks certain levels, and if it comes back up and stabilizes, you can continue to enter. Whether it can stabilize above 108,000 will only be determined after 4 PM.

BCH aims for 700-800 USD, with a trend towards an ATH,
MKR also has a trend of breaking the previous high (4000 USD).

Let me talk about how I see this round of market.
Since it is moving upward, the strongest ones in the future will definitely be ETH and ETH series coins. ETH should at least go to 3000+, such as AAVE, MKR, UNI, SSV, ENS, and other DEFI tokens. This can be seen from the exchange rate; ETH/BTC has been strong in recent weeks, indicating that Ethereum is about to explode.
Additionally, AAVE, ENS, and UNI are also very strong against ETH, coupled with the favorable news for DEFI in the United States. Currently, the coins with strong momentum will continue to be strong for a while.

It turns out to be an upward needle, liquidating shorts to gain liquidity.

According to Forbes' billionaire list data, Zhao Changpeng's assets have surpassed Zhang Yiming, making him the richest Chinese again, with assets reaching 65.7 billion dollars. Money in the cryptocurrency world comes quickly; it only takes 8 years to achieve what others can accomplish in decades.

Musk's father says his public challenge to Trump is a mistake: Trump will win
Golden Finance reports that Tesla CEO Elon Musk's father, Errol Musk, stated in an interview with Russian media in Moscow on Monday that Elon publicly challenging Trump is a mistake, and reiterated that Trump will win. He said, 'You know, they have been under immense pressure for 5 months, let them take a break. They are very tired and under a lot of stress, so you can expect things like this.' 'Trump will win -- he is the president, he is the elected president. So, I think Elon made a mistake. But he is very tired, under a lot of stress,' old Musk said. Old Musk also stated that this quarrel is 'just a small matter,' 'it will be over by tomorrow.'

This message is suitable for short-term trading, whether buying or selling. Trade coins with AI.

Market liquidity has become insufficient, prepare for a big needle.

Today's 2 Thoughts:

1. What is the operating pattern of BTC?
My own view is based on the grand narrative of the main funds continuously accumulating at the bottom, selling at the top, and continuing to accumulate at the bottom, repeatedly harvesting the wealth of players in the financial market during the rise and fall processes.

Have you ever thought about why the operators have a continuous stream of funds to drive the market? Because they can not only make money by going long on contracts at the bottom but also continue to make money by going short at the top. Because they determine the trend and direction, they almost always make a profit when they act.

Why this sudden contemplation? It’s because in the past six months, I've noticed that after the main operators sell off, the market peaks and then slowly declines for a few months, followed by accumulation at the bottom before starting the next round of market movement, and then after they sell off again, a significant correction occurs.

Every time the market rises, the operators can continuously earn multiple profits. Even though BTC's market value is getting larger, there is still ongoing upward momentum and funding. Coupled with the narrative and monetary application of BTC being unprecedented, it can continuously attract funds.

One assumption is that if financial derivatives like contracts did not emerge, the market value of BTC might not be able to rise anymore. Contracts allow the operators to amplify their returns by several times and can similarly amplify the losses of retail investors.

The essence of the market is the game between the main operators and retail investors, where money flows from the cash-strapped retail investors to the well-funded operators.

2. What are contracts?
The essence of contracts is volatility. If you bet on the right direction and control your position to withstand volatility, you can continuously make money, but the premise is that the direction must be correct, which stumps 90% of people.