无敌大帅哥

What is the next generation of the internet: Web3 or Metaverse?

The essence of Web3 is a revolution in digital ownership. In the current Web2 model, user data is monopolized by tech giants, platforms can arbitrarily change rules, ban accounts, and reap excessive profits. Web3 utilizes blockchain technology to allow users to truly own their digital identities, social graphs, and creative content. Although the Bitcoin network has a single function, it demonstrates the feasibility of decentralized governance. Smart contract platforms like Ethereum further expand this paradigm, making complex decentralized applications possible.

The Metaverse represents an evolution in interaction methods. From text to images, and then to videos, the forms of interaction on the internet are constantly enriching. The Metaverse pushes this evolution into three-dimensional space, allowing users to "enter" the internet rather than just "browse" it. It is worth noting that the Metaverse does not have to be built on blockchain, but blockchain can bring about a qualitative leap for it. In a blockchain-based Metaverse, virtual land, digital goods, and social identities can be truly owned by users, just like Bitcoin, and cannot be arbitrarily stripped away by platforms.

The relationship between Web3 and the Metaverse can be likened to "bone and flesh": Web3 constructs the trust framework for the next generation of the internet, while the Metaverse provides rich interactive experiences. The decentralized value network demonstrated by Bitcoin is the foundational support for this framework, and smart contracts enable it to accommodate more complex applications. A Metaverse without Web3 may repeat the mistakes of Web2 and become a new monopolistic platform; whereas Web3 without the Metaverse may remain confined to a small circle of tech enthusiasts.

The next generation of the internet is neither purely Web3 nor purely the Metaverse, but a deep integration of both based on blockchain. Just as Bitcoin is both a payment system and a new form of social organization, the future internet will simultaneously reconstruct our digital lifestyles and modes of social collaboration. This transformation has just begun, and its ultimate form will be shaped collectively by the choices of each participant. #Web3 #BTC再创新高

Regarding the current market, I have observed several key changes:

First, at the macro level, there are signs of a brief easing in the China-U.S. tariff war—although the 30% tariff is still far higher than the 2.5% at the start of Trump's administration, the 90-day suspension period has relieved some market pressure. However, it is important to note that the overall tariff rate still stands at 17.8%, and this trade environment is unlikely to return to what it was before. Essentially, tariffs remain a tool of political maneuvering, aiming to balance China-U.S. trade while catering to the core voter base interested in "manufacturing return."

Economic data presents a contradictory picture: manufacturing indices show contraction, consumer confidence is low, inflation expectations are high, and port freight volumes have sharply decreased—these "soft data" indicate recession risks, but actual economic data remains relatively robust. The suspension of tariffs may temporarily alleviate concerns, but uncertainty persists, and the market could change direction at any moment.

The cryptocurrency market is unusually sensitive to liquidity and is currently sniffing out some favorable signals: continued large government spending, an upcoming wave of debt refinancing, and a potential slowdown in inflation may prompt the Federal Reserve to shift its stance. These factors together have led to expectations of a "altcoin season"—the recent continuous rise in altcoins and meme coins is a sign of this. If we truly enter an altcoin season, funds will flow from Bitcoin to other crypto assets, creating a frenzy similar to that of 2021.

Our strategy is to remain cautiously optimistic:
- Currently, the price of Bitcoin is not attractive enough
- Allocate some profits to high-risk assets
- Focus on two types of targets: emerging tokens with strong community support, and fundamentally solid DeFi projects
- Maintain sufficient cash to wait for better entry opportunities

Risks to be aware of include:
- If Bitcoin cannot break its previous high, the entire market may lose momentum
- The traditional summer off-season may bring volatility
- Rising long-term interest rates could suppress the valuation of risk assets
- Stalled U.S. cryptocurrency legislation may become a potential negative factor

Lastly, a reminder that even if we enter an altcoin season, not all tokens will rise. As the market heats up, risks such as hacking attacks and scams will also increase. We want to seize possible upside opportunities while remaining clear-headed, waiting for a safer entry point.

Recently, I have been observing the impact of the U.S. tariff policy on the cryptocurrency market, but this time the Trump administration's comprehensive escalation really caught the market off guard. On April 3rd, Bitcoin plummeted directly from around $100,000 to $82,000, a drop of more than 10%, taking the entire altcoin market down with it. This is because trade wars are not just a short-term shock; they may reshape the long-term landscape of global supply chains and capital flows.

In the short term, the market's first reaction is to seek safety. Although Bitcoin is seen by many as 'digital gold', during times of panic, it is often sold off alongside risk assets like U.S. stocks. This time was no exception, with Nasdaq futures crashing 5%, and Bitcoin followed suit. After all, its underlying logic is decentralization and anti-inflation, while trade wars may exacerbate global inflationary pressures. If the Federal Reserve is forced to raise interest rates again, traditional assets may suffer more, while Bitcoin may regain investor favor due to its scarcity.
In the long term, the impact of trade wars on cryptocurrencies may be more profound than we imagine. On one hand, tariffs raise the cost of mining machines, especially for mining farms that rely on imported hardware; computing power may further concentrate in the hands of large miners with resource advantages. On the other hand, if Trump really pushes for a 'national Bitcoin reserve' plan, or if more countries start incorporating Bitcoin into their fiscal reserves, it could fundamentally change the market's perception of cryptocurrencies. However, all of this depends on the subsequent developments of the trade war—if major global economies retaliate with increased tariffs, leading to economic stagflation, then cryptocurrencies may experience a true 'safe-haven demand'; but if the situation eases, the market may return to its original trajectory.

My advice is: don't be scared by short-term fluctuations, but also don't blindly buy the dip. If Bitcoin stabilizes around $82,000, it could be a good entry point, but you must build your position in batches, as the uncertainty of the trade war is still brewing. As for altcoins, I only dare to look at ETH and BNB, which have actual ecosystems; the risks of smaller cryptocurrencies are too high. Finally, make sure to keep some cash on hand, because if the trade war escalates and leads to further market collapse, that will be the real opportunity. #美国加征关税

High risk, high return. The future is promising #FIL/USDT

The underlying logic of Filecoin is "the explosion of decentralized storage demand - storage providers need to pledge FIL - FIL demand increases", but in reality, most storage space is long-term idle, and the proportion of real data is low (much of it is inflated). If AI and Web3 truly generate massive storage demand in the future, and Filecoin can capture a share, then FIL will have fundamental support. However, currently, centralized giants like AWS and Google Cloud are cutting prices to seize the market, making FIL's cost-performance advantage not obvious, and there are no killer applications emerging in the ecosystem, which needs to be continuously observed.
A large amount of FIL pledged by early miners will be unlocked (released gradually from 2023 to 2025). If the project party does not adjust the release rules or introduce a new destruction mechanism, the selling pressure may continue to suppress the coin price. Recently, the rebound of FIL from the bottom is more of a hype around the AI + storage concept rather than an actual improvement in supply and demand. If there are no supporting data such as an increase in the pledge rate and a surge in real storage orders, the upward trend may be difficult to sustain.
If the bull market restarts in 2024, FIL, as a once-popular cryptocurrency, is likely to be speculated on by capital rotation, especially in the storage sector (such as AR, STORJ) which is easily correlated and lifted, but the extent may be weaker than MEME coins or new concept projects. If Bitcoin breaks key support levels (such as 60,000 USD), FIL may quickly correct, because its liquidity is not as strong as mainstream coins, and its downside resistance is poorer.

Personal opinion. In the short term (next 3-6 months), it is more affected by market sentiment and sector rotation, and there may be swing trading opportunities, but in the long run, it depends on whether the project can solve the problem of "having mining machines but no data". If there is no significant improvement in the real storage rate within the next year (for example, exceeding 30%), FIL may gradually be replaced by new projects. The risk lies in the team acting too slowly or the storage track being disrupted by other technical routes (such as decentralized CDN, integrated computing and storage).

BPRXQFWKAU🧧shib