New Alpha points on Binance, in-depth understanding of the scoring system and airdrop rules analysis
One: What are Alpha points?
Binance Alpha points are a scoring system used to assess user activity in the Binance Alpha and Binance Wallet ecosystems, determining your eligibility to participate in activities such as Token Generation Events (TGE) and Alpha token airdrops. Binance Alpha points are calculated daily based on the total balance of your assets on the Binance exchange and your purchase amount of Alpha tokens. It should be noted that selling Alpha tokens at this stage will not contribute to Alpha points. Alpha points are the total daily points accumulated over the past 15 days, combining balance points and trading volume points.
In May, BTC will definitely experience a significant drop, and altcoins will be devastatingly affected, with some altcoins possibly going to zero. Those who do not believe can wait and see; the drop will exceed your imagination!
During the process of trading Memecoins on-chain, the trading community has gradually formed a unique terminology system. These terms constitute a common language among traders, and for newcomers, understanding these terms is crucial for grasping market dynamics.
Asset Size Classification P Small Soldier: Traders holding assets under $1M P Small General: Traders holding assets between $1M and $5M P Large General: Traders holding assets between $5M and $10M P Marshal: Traders holding assets over $10M
Trading Behavior Terms Head of the Car: Refers to an address that is monitored by many people, and the address holder has a significant market influence after buying or selling Drench: Selling coins to others, commonly known as "dumping" Bagged: Describes a confirmed event CA: Sending out the token contract address Sitting Idle: Refers to a trading behavior of staring at on-chain information for a long time, looking for opportunities
Trader Classification On-Chain Emperor: A player who operates sharply on-chain, with extremely high win rates and profits Idiot King: A player with extremely low win rates and significant losses
Market Phenomena and Strategies Cap: A behavior mockery where buying leads to a drop PVP: A trading behavior of buying when the market cap is extremely low and quickly selling to make a profit, while correspondingly, some will incur losses Trench: Refers to trading memecoins on-chain, which carries extremely high risks, akin to fighting in a trench Sweep Chain: Continuously looking for newly issued assets, searching for buying opportunities Find Angle: The importance of memecoins lies in emotion and storytelling; how to discover this virtual value? This is commonly referred to as "find angle".
Fundamentals: 1. The U.S. SEC has postponed the approval of five cryptocurrency assets, including Franklin spot SOL, XRP ETF, Grayscale spot HBAR ETF, and Bitwise spot DOGE ETF. According to the approval schedule, many of the postponed ETF products will still face final approval deadlines between the third and fourth quarters. 2. Australian financial regulators will crack down on inactive cryptocurrency exchanges, while the Russian anti-money laundering agency plans to classify illegal secret cryptocurrency mining as a crime. The Italian central bank warns that crypto assets pose a threat to the stability of financial stocks. 3. The probability that the Federal Reserve will keep interest rates unchanged in May is 92.3%.
The large pancake at $BTC has been fluctuating horizontally around a thousand points up and down for several days. There isn't much cost-effectiveness in placing trades; regardless of the direction, the profit margins are compressed, and any misstep could hit the stop-loss. If there’s no market movement, keep your hands steady and take a good rest! #特朗普就职百日 #特朗普税改 #Strategy增持比特币
Analyzing SOL's strength from three perspectives: faith, asset expansion, and chip structure, and discussing the future trend of SOL.
1. Faith is built through decline, consensus is built through rise Analysis: SOL dropped from $259.9 to $8 (a 97% drop), similar to the historical reshuffling of ETH (which dropped 94% in 2018) and BTC, eliminating speculators and stabilizing holders. The profit effect during the rise attracts external buying, amplifying the fundamentals and forming a consensus.
Supplement: SOL's 'faith' comes from surviving the bear market (resolving outages, FTX crisis) and the bull market cycle (BTC ETF inflows).
2. Creating assets is key, MEME leader BONK and DePIN narrative Analysis: BONK locks in liquidity through airdrops and hype, attracting users, while DePIN expands the SOL ecosystem, positioning itself as a 'productivity public chain'. Public chains win through the profit effect and new narratives, rather than technological superiority.
Supplement: BONK boosted on-chain active addresses (from 200,000 to over 1 million), DePIN utilizes SOL's high throughput to attract Web2 users.
3. Concentrated chips and reduced selling pressure from lock-up Analysis: FTX holds 55.8 million SOL (13%) locked due to bankruptcy, similar to ETH 2.0 lock-up, reducing circulating chips. A staking rate of 70% and DeFi lock-up further support the price. Concentrated chips are beneficial for rising, while dispersed chips require more gaming.
Supplement: FTX unlocking may bring pressure, similar to ETH Shanghai upgrade corrections. Institutional funds enhance chip stability.
When is SOL expected to rise? Short-term (2025 Q2-Q3): Bull market continues, target $300-$350. Drivers: DePIN, BONK hype, institutional inflows.
Risks: Overheating, macro volatility.
Mid-term (2025 Q4-2026 Q1): FTX unlocking may trigger adjustments (10%-20%), target $400-$500. Drivers: New narratives (AI, GameFi).
Risks: Layer 1 competition.
Long-term (after 2026): If DePIN is realized and the ecosystem leads, it can break through $1,000; if ETH optimizes Gas or new chains rise, growth may be limited.
Summary and Recommendations
SOL's strength comes from the reshaping of faith, asset expansion, and chip lock-up.
Recommendations: Hold in the short term, focus on $300-$350. Be cautious of FTX unlocking in the mid-term, add positions on dips. Track DePIN and competitive dynamics in the long term. Monitor on-chain data (active addresses, staking rate) and FTX progress.
Every experience, every hardship, is to meet a better version of yourself, to make your life more abundant, to make your existence more complete #特朗普就职百日 $BTC
Today's Ethereum Market Analysis and Trading Suggestions
Ethereum's intraday rebound has once again provided a short-selling opportunity. Li Hui currently holds a short position established above 1820, with a stop loss placed above the previous high. If it breaks out, it will result in a small loss! Many fans express confusion regarding this wave of high-level consolidation. Li Hui has mentioned in previous articles that as long as it fails to break through the previous high, it is an opportunity to enter short positions. There’s no need to fear if it’s not a one-sided market. It’s clear that Bitcoin has repeatedly failed to break through in several waves, and Ethereum is no different. There’s nothing to be afraid of; just manage your stop loss well and don’t let market fluctuations influence your judgment! Big opportunities are always grasped by a few contrarians. Moreover, Li Hui believes that the cost-effectiveness of shorting at this position is quite high! Finally, I hope fans will remember to manage their stop losses during the May Day holiday outings! Wishing everyone a pleasant experience, and Li Hui will always be vigilant in safeguarding you!
The 1-hour K-line of Ethereum once again attempted to break through above 1840 last night and formed a pullback. Li Hui has also established a short position above 1820, which is currently being held. Those with profits may consider reducing their positions and placing their stop loss above the previous high. Learn to use profits to set stop losses! This will increase the probability of a sharp decline after a high-level consolidation. Li Hui has always believed that the downside space is greater than the upside? I wonder if everyone has this thought?
From the perspective of the fast and slow lines, the death cross has once again formed an opening and is approaching the 0-axis position with a downward trend. The volume has increased again below the 0-axis, and the K-line is closely aligned with the lower track, indicating a continuation of bearish momentum!
The 4-hour Bollinger Bands channel has not undergone significant changes yet, with the lower track still above yesterday's low. However, the convergence of the fast and slow lines has failed again, leading to divergence. If the morning close cannot pull back to form a golden cross, there may be significant bearish momentum in the coming days! If there is another rebound opportunity today, those who have not entered the market can still consider shorting as long as the previous high and EMA300 levels are not broken! It is not advisable to chase long positions at high levels!
Today's suggested short entry point: above 1840, with a stop loss at 1870 and a target of 1770. If it breaks below 1760-1745, one can continue holding until around the 1700 level. Specific entry opportunities can also be adjusted based on the strength of the market rebound, seeking short opportunities based on the strength of the rebound!
Today's News: 1. Movenent Network Foundation: 740 million MOVE has been transferred to the foundation's address for MoveDrop preparations; 2. The U.S. Securities and Exchange Commission (SEC) has postponed its decision on five cryptocurrency-related exchange-traded fund (ETF) applications, including Franklin Templeton's spot Solana (SOL) and XRP ETFs, and Grayscale's spot Hedera (HBAR) ETF. Bloomberg ETF analyst James Seyffart stated on Platform X that this move was expected since most projects have a final deadline of October 2025 or later, but he did not rule out the possibility of further delays this week. According to the approval schedule, many postponed ETF products will still face final approval deadlines between the third and fourth quarters; 3. Russia's anti-money laundering agency plans to classify illegal cryptocurrency mining as a crime; 4. The U.S. spot Bitcoin ETF saw a net inflow of $173 million yesterday; 5. According to Cointelegraph, the number of new tokens on Base's decentralized exchange (DEX) reached 112,000 last week, double that of March. Despite hitting a new high, Base still lags behind Solana, which added 252,000 wallets; 6. Data: The number of unique addresses on Ethereum's Layer 2 network has reached 13.6 million, a record high; 7. Trump: Tariffs have not really started yet; 8. The U.S. Senate plans to vote on the stablecoin bill before May 26; 9. The probability of the Federal Reserve keeping interest rates unchanged in May is 92.3%; 10. Trump Media & Technology Group stated in a letter to shareholders: "As part of the incentive plan, we are exploring the introduction of a utility token in the Truth digital wallet, which can initially be used to pay for Truth+ subscription fees and may be applicable to other products and services in the Truth ecosystem in the future." 11. All three major U.S. stock indexes closed higher, with the Dow rising 0.72%, the S&P 500 up 0.58%, and the Nasdaq up 0.55%. Both the Dow and S&P 500 recorded six consecutive daily gains. Most large tech stocks rose, with Tesla up over 2%, Netflix up over 1%, and Apple, Microsoft, Nvidia, and Meta slightly up; Google and Amazon dipped slightly; 12. The SEC has postponed its decision on Fidelity's request to add staking features to its spot Ethereum ETF; 14. Economist: The Federal Reserve is expected to cut interest rates twice this year, with the timing in the second half.
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#亚利桑那比特币储备 世外桃源专属聊天室 Welcome everyone! Back to the point, Arizona has passed the Bitcoin bill! This is a historic moment, just like that country that made Bitcoin legal tender! It's almost identical! What remains unknown is whether that small country regrets it now! After all, they abolished the status of legal tender, and now such a large country like the United States is starting to implement it! This is not just a good beginning, but also a major trend for the future! Blockchain is unstoppable in the later stages! Even President Putin said, no one can stop the development of Bitcoin! Thinking about it now, it really is the case! Let's work hard together, brothers and sisters!
🇬🇧 The UK government has introduced a draft of new rules for cryptocurrencies - they plan to introduce separate licenses for activities such as operating cryptocurrency exchanges and issuing stablecoins.
They are currently discussing how exactly this will work.