Xiao Dong

$BTC

Bitcoin breaks $88,000, how much imagination is left in the bull market?
Today (April 22, 2025), Bitcoin surged to $88,000, as if the market had hit the accelerator. But behind this frenzy, there are both institutional giants pushing the wave and risk signals lurking underneath.
1. Policy tailwind ignites the fuse
The new SEC Chairman Paul Atkins, appointed by Trump, has officially taken office. This regulator, holding $6 million in crypto assets, made his stance clear immediately: expedite the approval of 17 XRP spot ETFs and re-examine the Ripple lawsuit. Even more aggressively, bank licenses in the U.S. may open up to crypto giants like Circle and Coinbase — this means Bitcoin will directly connect with traditional finance's “meridians.” The easing of policies has led to a frenzied influx of institutional funds, with net inflow into Bitcoin ETFs exceeding $100 million in a single day.
2. Resonance of technical and macro factors
Bitcoin is currently trying to break through the “death barrier” of $88,000-$90,000, where the 100-day and 200-day moving averages intersect, and is also a dense area of losses before last year's crash. If it can hold steady, the next target will be $93,000, or even challenge the historical high of $109,000. On-chain data shows that whale addresses have been continuously accumulating in the $85,000-$87,000 range, with a net outflow of 18,000 BTC from exchanges in a single day, while long-term holders are firmly holding their positions. But the bears are also not to be underestimated — 170,000 BTC (approximately $14 billion) have recently been transferred from dormant wallets, which could lead to a sell-off at any moment.
3. Institutions predict frenzied bets
Standard Chartered has set a target price of $200,000, VanEck predicts it will hit $180,000 next year, and the wildly optimistic Tim Draper even forecasts $250,000. The core logic supporting these numbers has three main points: the supply halving will shrink the supply by half, the gold linkage effect (spot gold has already broken the new high of $3,390), and rumors that the U.S. may establish a strategic reserve of Bitcoin. However, the calm faction reminds us that the current market has entered the “veteran competition” stage, with retail participation at an all-time low, and liquidity is entirely reliant on institutional support.

#中美贸易关系
The China-U.S. trade war has entered its seventh year, with both sides revealing their cards. This competition between the world's largest economies has evolved into a "situation where both sides want to stab each other while avoiding excessive blood loss".
1. The tariff war has struck a "seven-injury fist"
The U.S. has imposed tariffs as high as 245% on Chinese goods, which seems aggressive but has left American businesses and consumers complaining. Prices of everyday Chinese-made products on Walmart shelves have doubled, costing the average American family an additional $1,300 each year. Meanwhile, China has mitigated much of the tariff impact through currency devaluation and export tax rebates. Even more extreme is the 125% tariff on Boeing planes, which resulted in three 737 MAX aircraft being sent back to Seattle within four days, directly pinching the throat of America's high-end manufacturing sector.
2. The supply chain has turned into "Transformers"
The U.S. aims to relocate its supply chain to Southeast Asia, only to discover that Vietnamese garment factories are still using Chinese fabrics, and Indian mobile phone assembly lines are missing screws that need to be sourced from Shenzhen. China hasn't been idle either; Brazilian soybeans and Russian natural gas quickly filled the gaps, with ASEAN replacing the U.S. as the largest trading partner. The most intense battle is in semiconductors—domestic production of mature processes has jumped from 10% to 30%, and Yangtze Memory Technologies' flash memory chips have already made Samsung uneasy.
3. The tech war has opened a "new track"
The U.S. has banned Huawei's 5G technology, not expecting China to directly bet on 6G satellite communications; restrictions on the export of photolithography machines have led SMIC to produce 28-nanometer chips at rock-bottom prices. Currently, 60% of the world's new energy vehicles are produced in China, and CATL's batteries used in Tesla vehicles still come with patent fees. This confrontation resembles a game where the U.S. is busy blocking China's development, only to find its own high ground tower is about to be pushed down.
4. "Quantum entanglement" at the negotiating table
On one side, Trump claims "we'll finalize the trade agreement in three weeks," while China increases its holdings of U.S. debt by $23.5 billion but only buys short-term bonds. This maneuver resembles handing a lifeline to the opponent, but the rope is still in their own hands. Both sides have exchanged hard-nosed negotiators—U.S. Secretary of Commerce Wilbur Ross comes with a tariff exemption list, while China sends veteran anti-dumping negotiator Li Chenggang; this game is far from reaching its conclusion.

#加密市场反弹
The crypto market has recently staged a "counterattack", with Bitcoin once again standing at $80,000, altcoins collectively revolting, and even dog-themed tokens soaring joyfully. This rebound is not just a mindless surge; it is backed by three layers of logic:
1. A new choice for risk-averse funds
The increase in tariffs and the risk of stagflation in the U.S. have left the traditional market shivering, but the crypto market has instead become a haven for hot money. Just as Trump's tariff exemption policy was implemented, Bitcoin immediately broke through the $83,000 resistance level, indicating that funds are voting with their feet—when gold and treasury bonds are not appealing, the high volatility of crypto assets has become a weapon for hedging risks.
2. Three major tracks violently output
This round of rebound is led not by traditional value coins, but by the "new three-horse carriage" composed of Memecoins, AI, and DeFi. The 10% single-day increase of SHIB and the 17% surge of HBAR are backed by a dual frenzy of retail sentiment and technical breakthroughs: Telegram's bot allows grassroots users to mint coins in 5 minutes, Hedera uses blockchain to label AI training data with anti-counterfeiting marks, and Avalanche's new protocol has directly increased DeFi transaction speeds to 100,000 transactions per second. These innovations have directly upgraded the crypto narrative from "speculating on coins" to "technological infrastructure".
3. The effect of policy announcements
The market fears uncertainty the most. The U.S. has paused the imposition of tariffs on non-retaliatory countries for 90 days, the SEC has begun to reassess crypto regulatory policies, and even traditional financial giant Charles Schwab is preparing to launch spot trading within 12 months. These signals have encouraged institutional funds to step in and buy, with BlackRock's CEO even suggesting that an economic recession might act as a catalyst for crypto.
However, amidst the festivities, one must remain cautious: the surge of Memecoins lacks fundamental support, and the Federal Reserve's CPI data could ignite volatility at any moment. But in the long run, Bitcoin's halving cycle, the significant increase in institutional holdings, and the penetration of blockchain technology into AI and other fields are paving the way for a bull market. As the author of "Rich Dad Poor Dad" said, when the whole world goes crazy for gold, the script of crypto's "digital gold" may just be opening its prologue.
This rebound tells us that the crypto market is evolving—it is no longer just a paradise for gamblers, but is gradually becoming a super testing ground that connects technological innovation, macro hedging, and financial democratization.

$TRX is the 'gas fee' of the TRON blockchain, which can be used to pay transaction fees, transfer money, and buy things, just like WeChat Pay. The TRON chain emphasizes speed (2000 transactions per second) and low fees (a few cents), making it suitable for frequent small transactions, such as transferring money to friends or buying game items.
Payment tools: Supports both online and offline payment scenarios, allowing direct TRX payments or instant cross-border transfers.
Earn interest: Storing TRX can earn interest (similar to Yu'ebao), with an annual yield of about 5%-10%, and you can also vote to select 'TRON administrators' (super representatives).
Play DeFi and NFTs: You can use it for mining, buying NFT artworks, or collateralizing for loans (for example, using TRX as collateral to borrow USD stablecoins).
Token issuance: Ordinary people can also issue their own tokens on the TRON chain using TRX (for example, creating a fan token), with costs being dozens of times cheaper than Ethereum.
Advantages: Cheap and fast: Transferring 100 yuan costs less than 1 dime in fees, and it arrives instantly, which is much better than international bank transfers. Rich ecosystem: There are many things to play with (games, financial services, NFTs), and many projects will airdrop new tokens to TRX holders (getting new coins for free).
Disadvantages: High price volatility: It could be 1 yuan today and drop to 0.8 yuan tomorrow, so don’t hoard if you have a weak heart.

Currently, the "Tron ETF" is more of a market conceptual product, and its actual implementation depends on regulatory breakthroughs and institutional cooperation. Investors who participate in such products need to pay close attention to the transparency of the underlying assets, liquidity (e.g., daily average trading volume exceeding 100 million yuan), and premium rate indicators (refer to IOPV real-time net value). With the trend of integration between cryptocurrencies and traditional finance, such innovative ETFs may become allocation tools for high-risk tolerance investors, but one must strictly assess their own risk tolerance.

Binance Money-Making Insights: 5 Major Opportunities for Ordinary People

In the Binance ecosystem, the path to making money goes far beyond the gambling-style operation of 'buying high and selling low.' Based on personal practice and platform characteristics, the following core strategies are summarized:

1. Staking for Passive Income: The Compound Magic of BNB

Holding BNB to participate in Launchpool new coin mining is a surefire strategy. Taking 2024 data as an example, staking 10 BNB (approximately $31,000 principal) and participating in 21 activities throughout the year can turn the principal into $9,136 through compound operations. If combined with Megadrop and Hodler Airdrop activities, the annualized return can exceed 65%. It is recommended to convert reward tokens back to BNB each time to form a cycle of 'principal growth → more staking → higher returns.'

2. Arbitrage and Opportunities: Risk-Free Returns

Utilizing price differences between Binance P2P and other platforms for arbitrage can yield an average daily return of $30-70. Additionally, pay attention to TGE (Token Generation Event) activities of Web3 wallets, such as the recent KILO and PARTI projects, where a single investment of 3 BNB can yield over 10 times returns. Regarding airdrops, completing courses in the 'Learn and Earn' module can earn an additional 50-100 USDT stablecoins each month.

3. Contract Trading: Discipline is Key

Doubling small funds requires strict adherence to the principle of 'stop loss if wrong, hold if right.' Cases show that a $20,000 principal can appreciate to $400,000 in 1.1 years through an average monthly compound return of 24.83%. Key points include: leverage control within 5 times, setting stop-loss lines (suggested individual loss <2%), and only trading mainstream coins (BTC/ETH) to reduce pin risk.

4. New Coin Dividends: Get Ahead

New coins on Binance often come with short-term explosions, such as Vibe and BCN, which have shown a 22-fold price difference. One can register multiple exchange accounts and quickly arbitrage across platforms once announcements are released. KYC should be completed in advance, and ETH should be reserved as gas fees to shorten operation time.

5. Long-Termism: HODLing + DCA

Regularly investing in mainstream coins like BTC/ETH and holding them long-term, combined with the Binance DCA (Dollar-Cost Averaging) feature, smooths out costs. Data shows that users adopting the DCA strategy in 2024 achieved an average return of 47.2%, far exceeding those who trade frequently. If combined with staking income (e.g., ETH2.0 annualized 4%), returns can be further amplified.