Communicate and learn from each other, ➕ me 😁

Euro 2024 June 14 - July 14, 2024
America's Cup June 20 - July 20, 2024
Paris Olympics July 26 - August 11, 2024

The Law of the Coin Circle - Three Unchanging Laws for Any Coin
First: A long period of sideways movement will inevitably lead to an increase
Second: A long period of decline will inevitably lead to an increase [a decline is a fund-raising event, and those who attract funds are short-sighted and sell their stocks in a panic]
Third: A long period of rise will inevitably lead to a fall [a rise is a profit]

Let's sort out the sectors and directions I will focus on next:
1. AI sector
AI narrative is also the narrative that everyone talked about the most in the past two days. The main reason is that AI narrative has several clear catalysts:

NVIDIA Earnings on May 22;
Apple WWDC 2024 on June 10 also released some additional AI-related content;
ChatGPT 5 may be released this summer, and the GPT version of the search engine is also coming;
Google I/O Conference on May 14

In essence, this is a science of attention. That is, events generate expectations, expectations generate market attention, and market attention drives prices up.

2. Solana Section
① In the past few weeks, 12,000 new tokens were issued on SOL every day
② Most new projects occurred on Pump, and 600,000 tokens were issued in 45 days
③ Pump's annualized revenue is currently 128 million US dollars, entering the ranks of unicorns

DEX= $JUP , MEV=$JTO
$JUP is currently doing more than just DEX, it is working hard to become the front end of the entire Solana ecosystem.

In addition, there are many things on Solana, including Depin (io.net), cross-chain bridge ($ZEUS) with BTC (BRC20, RUNES), RWA, etc., which are all interesting concepts

3. ETH Section
It is highly likely that the ETF will not pass in May, but there is a chance in August. According to GCR's point of view, he thinks that the ETH ETF may be at the end of 24 or 25.

4. Sports + Fans
Similar to the hype about the World Cup, the Summer Olympics and the European Cup have similar hype expectations. Like the AI ​​narrative, this hype is triggered by large-scale external events.

5. MEME
MEME is like looking for gold in shit. I think $WIF and $PEPE have the opportunity to become $SHIB-level memes in this cycle.

6. BlackRock
BlackRock's layout for Crypto is also something that can easily attract market attention. It mainly does ETF and RWA (and some infrastructure). BTC ETF has been approved, and the mainstream target of RWA is $ONDO.

#Megadrop #BTC #心诚

2024.5.9 Hot Event Analysis
1: The decline in the past two days is mainly due to Grayscale's withdrawal of the Auntie Futures ETF + the US House of Representatives voted to overturn SEC rules to prevent strictly regulated financial companies from holding BTC and cryptocurrencies
2: Bitcoin 57000-60000, Ethereum 2950-2859 is still a low-absorption range, and it rebounded quickly after the pin. This month's operation fixed investment is full of bullets, hold the chips, control the position, and wait for the market to take off
3: Wall Street has a heavy position of 5 billion call options, and Bitcoin is expected to rise to 100,000u in September. The general election will be held on November 5. According to the last general election and the last one, the positive factors will be gradually released in three months. In the presidential election year, June to August is the second strongest three months of the year
4: This time the market falls again, the medium and long-term currencies for bottom-fishing $ONDO $SSV $TRU $BOME

Fed's Collins said there are risks in cutting interest rates too early and that the U.S. economy needs to cool down in order for inflation to return to the Fed's 2% target. When it comes to monetary policy, Collins said that the recent unexpected rise in economic activity and inflation suggests that policy may need to be maintained at current levels until there is greater confidence that inflation will continue to move toward 2%. Monetary policy and balance sheet policy are very different, and the market has already priced in the Fed's balance sheet actions. #灰度撤回以太坊期货etf申请 #BTC走势分析 #TRB走势预测 #ETH

ETC is expected to halve on June 7; DASH is expected to halve on July 10; ZEC is expected to halve on November 22; and ZEN is expected to halve on December 11.

What is the coin that can become more than 10 times?

1. Targets with relatively small market value in major tracks

2. Invested by large institutions such as Coinbase and A16Z

3. Full circulation of chips, no risk of unlocking selling pressure

4. The project party is working, and the official push is updated from time to time

5. Technical resistance to decline, the fastest rebound

#灰度撤回以太坊期货etf申请 #BTC走势分析 #Meme币你看好哪一个？

If the second round of bull market begins, various sectors will be active in turn, and many currencies may rise 5 to 10 times:
1.
AI sector, including ARKM, AR, RNDR, FET, AGIX, NEAR, LPT, NFP, WLD
2.
meme sector, such as BONK, WIF, PEPE, FLOKI, BOME
3.
SOL ecosystem, including SOL, JUP, RAY, JTO
4.
Ondo in the RWA sector
5.
ETH ecosystem, including ETHFI and SSV
6.
BTC's second-layer network STX
7.
Game finance sector, such as YGG, GALA, MAVIA, IMX
8.
Public chain sector, including DOT, FTM, MATIC, SUI, SEI, APT
9.
Halving sector, ETC and LTC

5.9 Market Analysis

Technical side: BTC daily line is going down in a healthy way. After falling below 62,000 yesterday, today's pullback is resistance. Pay attention to the support below 58,500 to 60,000. It is still running in the downward channel. It still needs time to oscillate and repair. ETH is still oscillating in the triangle position. Next, combined with the expectation of the passage and upgrade of ETF, it will be relatively stronger. The current support below 2930 is the defensive position in the past few days, and the upper resistance is 3140.
News side:

Fed Collins said that there are risks in cutting interest rates too early, and the US economy needs to cool down to get the inflation rate back to the Fed's target level of 2%. When talking about monetary policy, Collins said that the recent unexpected rise in economic activity and inflation indicates that it may be necessary to maintain policy at the current level until there is greater confidence that inflation will continue to move towards 2%. Monetary policy and balance sheet policy are very different, and the market has priced in the Fed's balance sheet actions.

Israel threatens to expand its military operations in Rafah, and negotiations have stalled as Hamas demands that any agreement end with a permanent ceasefire and a full withdrawal of Israeli troops from Gaza.
In the near term, it depends on whether Israel and Hamas can reach a peace agreement, and in the medium term, it depends on the Fed's policy. BTC lacks the next story to tell in the near future, so it remains volatile and difficult to rise sharply.

There is not much money flowing into US ETFs

The next big data is the CPI data released on May 15 (next Wednesday).

1. Grayscale CEO: The company will focus on spot Ethereum products
2. Trump announced that he is accepting donations in the form of cryptocurrency for the US presidential campaign
3. CryptoQuant report: Ethereum's Dencun upgrade has caused ETH to inflate again
4. Uniswap founder calls for stopping premature high valuations: Crypto projects need to prove their value before talking about unicorns
5. MakerDAO: DAI supply has increased by 1 billion in the past two months, and has become the largest stablecoin on the chain in April
6. In the past 24 hours, the entire network contract exploded $154 million, mainly in long orders
7. Robinhood's cryptocurrency trading volume in the first quarter increased by 224% year-on-year
8. The US Department of Justice has stepped up its attention to competition in the artificial intelligence industry
#BTC走势分析

Analysis of the situation on May 7
#BTC走势分析 #5月市场关键事件

2024.5.7 Cryptocurrency Circle Events🌍
● Grayscale GBTC net inflow of $3.9 million yesterday, 9 Bitcoin ETFs increased holdings of 3,710 Bitcoins in total on May 6
● 95% of Bitcoin ETF investors did not sell during the market decline
● Analysts predict that BTC has huge upside potential this month, and MicroStrategy stock may rise accordingly
● Ethereum network gas fee hits a new low since October 2023
● SEC postpones decision on Invesco Galaxy Ethereum spot ETF to July 5, 2024
● $XRP -Ripple CTO: Details of Ripple stablecoin will be announced in June
● ETHGlobal plans to hold ETHGlobal Brussels hackathon on July 12
● $TON-TON ecosystem TVL exceeds $200 million for the first time, setting a new record
● $CRE - Carry Protocol announces airdrop of $GAME to $CRE holders. HTX will support this airdrop by taking a snapshot of users’ CRE holdings at 16:00:00 UTC on May 7th.
● $ENA - Ethena Labs @MacroMate8 hints at a major announcement planned this week.
● $FRONT - Self chain announces token code change from $SELF to $SLF. (Frontier Wallet will soon be rebranded as Self chain)
● $NMT - NetMind’s CEO @anMe_kz has been invited to the OpenAI ICLR 2024 reception on May 9th.
● $NULS - Nuls announces official rebranding. Details to be announced soon.
● $LSK - Lisk announces the launch of the#HodlerDropairdrop, distributing 3 million LSK to early supporters as part of the transition to Lisk L2.
● The upcoming LayerZero token will increase the usage and volume of $ACX by halving the usage and volume of the Stargate Bridge.
● $gamestarter revealed a “big launch” on May 8th. Rumor has it this could be a partnership with $AVAX to launch GameNodes and Gamechain.

Big news in the cryptocurrency world is here!
1. The Federal Reserve has signaled a rate cut, and this year's rate cut is almost certain. From the history of Bitcoin, each halving has triggered a round of big increases. Conservative estimates show that after this halving, the price of Bitcoin is expected to soar to $150,000. In this case, the sharp drop in the price of altcoins is a good opportunity to buy.
2. It is recommended that you pay attention to three areas: AI artificial intelligence, RWA, and GameFi. In particular, the RWA field has been favored by large Wall Street institutions and may involve the operation of Jewish capital. After all, American Jewish capital has a significant influence on Wall Street, which we cannot ignore.
3. In the RWA field, Ondo, Polyx, Rio, and Dusk are all the focus of attention. There may be big moves in the AI ​​field in May and June, and the cryptocurrency world may fluctuate greatly at that time. The best players in this cycle include Rndr, Sam Ultraman-related Arkm and Wld, which are all options worth considering.
4. While paying attention to altcoin opportunities, we must also closely monitor market trends and do a good job of risk management. Opportunities and risks always coexist. We must remain vigilant and cautious on the road of investment! #美联储何时降息？ #AI板块强势进击

What is the coin that can become more than 10 times?
1. Targets with relatively small market value in major tracks
2. Invested by large institutions such as Coinbase and A16Z
3. Full circulation of chips, no risk of unlocking selling pressure
4. The project party is working, and the official push is updated from time to time
5. Technical resistance to decline, the fastest rebound #BTC走势分析

2024.5.6 Hot Event Analysis
1⃣Some KOLs used the Mt. Gox incident, where 140,000 BTC have not been paid, to tell fans not to buy at the bottom, and threatened to make Bitcoin plummet again. This old-fashioned event can only fool new investors. Every time there is a panic, this event is used to hype it up. Let's see how many clowns who miss out are waiting
2⃣At present, many new coins have a market value of several hundred million US dollars, but only 10% is in circulation, which means that the total market value of circulation is several billion US dollars. Such coins stop winning in time, and the big cake leads the decline. The larger the unlocking volume, the lower the price will be, and it will continue to go downhill. Prioritize high-quality coins with more than 70% circulation
3⃣Among the new coins with more than 70% market value unlocked, 🈶 $TRB, $RNDR, $JASMY , $TRU, $SSV, $BOME , $PEPE, $WIF suddenly understand why everyone is more willing to buy meme coins, and they can't take on these tens of billions of uncirculated plates
4⃣In the past two days, the copycat has rebounded across the board, and it is the meme and ai sectors again. GPT5 is about to be released, and the AI ​​track is coming again. In the past 24 hours, the rune track coinage accounted for 70% of all Bitcoin transactions, and the rune track will make a comeback in May.

5.4 Market perspective

During this period, the market has been relatively volatile, and has been moving downwards. Many brainless people in the market have begun to shout slogans. If it rises two points, the bulls will come, and if it falls two points, the bulls will leave. This is inappropriate thinking. Tired to death?

Investment requires brains, you either have to listen to the wind or the rain!

After the pie is halved, miners' costs increase, and miners' selling pressure becomes less and less. In the future, selling pressure will be greatly reduced, and it is only a matter of time before it rises.

The approval of ETFs has led to top institutions such as BlackRock and Fidelity entering the market one after another, with entry prices above US$50,000. It is too early to say that the bull market is gone, as institutions continue to enter the market.

Just waiting for good news to activate retail investors, the bull market has officially broken out, and institutions want to harvest retail investors. Compared with big investors like Sun Yuchen, these institutions are smarter and more sensitive to information than you, but they are all entering in batches. When your When the funds and thinking logic are not as strong as theirs, you just follow their on-chain data.

The Federal Reserve has not yet cut interest rates. When institutions receive the news of an interest rate cut, they will speculate in advance. After the interest rate cut, the real outbreak will begin.

Looking back at history, three months after every Bitcoin halving is when Bitcoin officially takes off.
This time the halving will be on April 20, so Bitcoin will usher in an explosive period around July, with a target of US$100,000-120,000. In the past few months, we have been waiting for Bitcoin to consolidate and attract funds. Now we should follow the institutions and prepare to attract funds.

The season of altcoins will come 4-5 months after the Bitcoin halving, and it is expected to usher in an explosive period from August to September this year.

Follow me and I wish you all continued prosperity💰💰#BTC走势分析 #美联储何时降息？ #5月市场关键事件

The assets you own in the cryptocurrency circle determine what kind of life you live

I plan to save 10 million yuan in this bull market, and then quit my job and retire

1. When you have 100,000 yuan in assets, you are like having a safe haven. You have a 3-month buffer period during unemployment.

2. When you have 500,000 yuan in assets, it is like having a reassurance pill. Even if you don't work for half a year, you won't feel anxious.

3. When you have more than 1 million yuan in assets, it is like having a small treasury. You can not work for more than a year, occasionally earn some extra money, and eat and drink freely.

4. When you have 2 million yuan in assets, it is like having a free paradise. You can not work for two or three years, travel around and patiently find a new career.

5. When you have 5 million yuan in assets, it is like having a comfortable old age. You can spend every day leisurely, enjoying the sun and tea.

6. When you have 10 million yuan in assets, it is like entering the palace of financial freedom. In the second half of your life, you can live for yourself and no longer fear the opinions of others.

Let's talk about the morning market

1: Yesterday, the trading volume of Hong Kong ETF was very bad. The total trading volume of spot ETF exceeded 11 million dollars, the Bitcoin ETF was about 8.5 million dollars, and the Ethereum ETF was only about 2.5 million dollars. When the United States passed it, it was 4.6 billion dollars + ETF net outflow of more than 2,000 Bitcoins, which was a big blow to the market's bullish confidence

2: CZ was sentenced to 4 months in prison, which is good for the overall market trend. A previous picture showed 4 fingers. It turned out that it was expected. Don't worry about the richest man. Worry more about the assets in our account. 4 months means the interest rate cut in September. The US election in the later period, the process of cutting leeks has been arranged properly

3: At present, the second insertion of Ethereum daily line is the best opportunity to repair the market. Recently, the cottage has fallen too much. The cottage seems to be unable to fall. At present, the more resistant currencies are Rwa track ondo, the second-layer OP, the pledged plate SSV, the sol ecological JTO, and the meme plate pepe

4: Basically, no one is pulling up the price of old projects. After cutting off one project, they just launch new projects and continue cutting off the price. They are worth hundreds of millions of dollars when they go online, and then they keep falling, making us doubt our lives. They will only pull up the price when we cut our losses. It is too difficult for us. For the dog dealers, they keep making money, but for us retail investors, we cannot escape the fate of being cut off.

Major Crypto Events in May 2024

May 1: US - QRA and FOMC

May 1: $THETA - Edge Cloud (Phase 1)

May 2: $COIN - Earnings

May 2: $SHIB - Hard Fork

May 3: $SUI - $1. 2B unlocked
May 3: $KMD - PoS migration proposal ends
May 6: $LAMB - LAMBDA migration
May 7: $MXM - Mobile version released
May 8: $ZEN - "New Token" proposal
May 9: $TRAC - Announcement (AI related)
May 10: $EIGEN - Token Generation Event
May 10: $VITE - VDAO airdrop snapshot
May 13: $BB - Binance listing
May 14: $VR - Asugea Forest (early access)
May 15: $GOG - Mobile version released
May 15: $AEVO - $1 USD. 2B unlocked
May 16: $ONIT - $LWA rebranding
May 17: $STRK - Starknet advancement plan
May 20: $PYTH - $1.16 billion unlocked
May 21: $LSK - migration snapshot
May 22: $NVDA - earnings
~May 23: ETH ETF approval deadline
May 24: FET·AGIX·OCEAN - $ASI launch
May 25: $EWT - Crowdloan airdrop begins
May 26: $VET - B3TR and VOT3 token mainnet
May 27: $SOL - V1.18 upgrade
May 28: $ILV - Openbeta testnet
May 29: $STX - Satoshi (mainnet activation)

Digging into the Trillion Dollar Market, Stablecoin Narrative ENA’s Research and Investment Thesis
Below is my in-depth research and investment thesis for $ENA

1: Ethena’s TVL surged to $2.35 billion, a 27x increase in 4 months, ranking 14th on Defillama and ahead of all other RWA protocols

2: $USDe is now the fifth largest stablecoin by market cap, showing rapid growth

3: In the past 30 days, Ethena generated $20 million in fees and $7.85 million in revenue. Ethena ranks 12th in revenue among all other tracked protocols on Defillama, with revenue coming from staking assets and derivatives positions

4: Season 2 airdrop hype - Sats and DeFi integration with $USDe (Pendle, Curve, Mantle)

5: Through financing and seed rounds, they have raised more than $20.5 million

6: Backed by some heavyweights, including CryptoHayes, Blknoiz06, Cobie, Samkazemian, Newmichwill, StaniKulechov, kaiynne, Rewkang and DoveyWan
#BTC$ENA