The United States is going to take action to regulate ETH. This time, the United States wants to define ETH as a security. Is it bullish or bearish?

What will it mean if the United States really defines ETH as a security?

Ethereum infrastructure development company ConsenSys posted on social media, "If the U.S. Securities and Exchange Commission (SEC) successfully defines Ethereum as a security, then companies and developers will see years of work go to waste and billions of dollars of economic value destroyed, which may lead to large-scale unemployment of American workers."

In addition, it stated in the article "ConsenSys Sues the U.S. SEC to Protect the U.S. Ethereum Community", "Ethereum is a global computing platform, not an investment plan. Ether is not a security, but a commodity, which has been confirmed many times by the U.S. Commodity Futures Trading Commission (CFTC). Applications that allow people to trade using Ethereum are not securities brokers and therefore cannot be regulated by the U.S. SEC. The illegal expansion of the U.S. SEC's power threatens the United States' position as the leader of the next generation of the Internet."

ConsenSys counterattacks the SEC one by one, why Ethereum is not a security

Ethereum has been scrutinized by the SEC (U.S. Securities and Exchange Commission), which hinted that it will list Ethereum as a security.

The move has sparked controversy, especially since the SEC had made it clear in 2018 that Ethereum did not meet the standards of a security.

In light of these events, blockchain software company ConsenSys has strongly opposed the SEC's decision to classify Ethereum as a security. Here are four reasons:

First, the SEC's historical stance on Ethereum

In 2018, William Hinman, then director of the SEC's Division of Finance, gave an important speech in which he made it clear that Ethereum was not considered a security.

Second, the CFTC's classification of commodities

The CFTC, another US regulator, has always recognized that Ethereum is a commodity. Recently, in a civil enforcement action involving Crypto asset exchange KuCoin, the CFTC explicitly classified Ethereum as a commodity.

Third, it is decentralization and open protocols

The essence of Ethereum's architecture is decentralization. Unlike securities, Ethereum runs on a platform and all information is public.

Fourth, it is irrelevant to the shift in consensus mechanisms

Ethereum's recent transition from proof-of-work (PoW) to proof-of-stake (PoS) consensus mechanisms was listed by the SEC as a potential reason for reclassifying Ethereum.

In short, the SEC's reclassification of Ethereum as a security does not stand up to scrutiny. Especially considering the SEC's historical regulatory approach, the classification of other regulators, the decentralized nature of Ethereum, and the irrelevance of its internal consensus mechanism to securities laws.

What should we do? Is it bullish or bearish?

If this news lands, it will be a long-lasting big bearish.

Reasons for bearishness:

Strengthening regulation: If ETH is defined as a security, it will be subject to stricter securities regulations. This may restrict the free trading of ETH, increase compliance costs and transaction complexity.

Increased market uncertainty: Such decisions may trigger market concerns about future regulatory policies, leading to a decline in investor confidence and possible capital outflows.

Hindered innovation: Strict securities regulation may hinder the pace of innovation and development in the Ethereum ecosystem, as developers may need to spend more time and resources to meet regulatory requirements.

Trading restrictions: After being identified as a security, ETH may only be traded on specific, regulated trading platforms, which will limit its market liquidity and accessibility.

In short, the compliance of the currency circle will definitely come. For the currency circle, don't worry about gains and losses and create anxiety.

Be my fan, I will spoil you. After the holidays, we will double the number of passwords. Click on my profile picture, follow me, and look at my profile carefully, and you will find the password;
#美联储 #ETH #BTC

Brother Sun keeps buying ETH. I guess he is betting on the ETF passing in May. Is a big wave of market coming? It is possible that the price will rise to more than 4,000 in the next May. But Brother Sun is too narrow-minded. I won’t say much about his black history. Those who understand will understand.

Before the second half of the market started, we had already laid out a lot of high-quality coins, each of which is of unlimited value. They are all 10 times the bottom.

You can see from the picture I gave that whether you like spot, or rushing to buy local dogs or contract trading, I have a lot of experience to give you. We can grasp it accurately. Every time we enter the market in advance to eat meat.

After May 1st, we will lay out 3 high-quality coins, and all our friends have already got the password.

Click on my avatar and follow me. You can find the password by looking at my information carefully. #ETH #BTC

Bullish overnight: ETH surged 20%, SEC may unexpectedly approve Ethereum spot ETF?

Over the past 24 hours, the cryptocurrency market has experienced a significant “bullish” trend.

Bitcoin was hovering around US$67,000 last night. It fell back after breaking through the 70,000 mark in the early morning. It briefly fell below US$69,000 and then rebounded strongly. As of writing time, it is now trading at US$71,364, with a 24-hour increase of 7.73%.

Ethereum’s rise is even more surprising: at about 3 a.m. Beijing time, affected by the SEC’s news on the spot Ethereum ETF, Ethereum’s rise almost skyrocketed, from 3150 in just 3 hours. The U.S. dollar soared to more than $3,600 and was now trading at $3,653 as of writing, with a 24-hour increase of 19.03%.

In addition, other mainstream currencies affected by Bitcoin and Ethereum have experienced huge increases: MATIC has increased by 9.78% in 24 hours, XRP has increased by 5.53% in 24 hours, SOL has increased by 9.94% in 24 hours, DOGE has increased by 11.20% in 24 hours, basically Return to the market price level at the beginning of April.

As of today, the cryptocurrency market is generally not optimistic about the issue of Ethereum ETF.

There are several reasons: the issue of whether Ethereum itself is a security has not yet been determined. This issue is the core issue in the case between the SEC and several cryptocurrency exchanges. The ownership of this issue will directly determine the fate of the cryptocurrency market and whether Issues requiring disclosure as a security ETF.

In contrast, Bitcoin has never had this kind of controversy and has always been considered a commodity, so it can become a less constrained ETF component asset like gold.

Secondly, Ethereum has greater market volatility and shorter history than Bitcoin. Therefore, the risks of regulatory opacity and market manipulation risks that the SEC has previously mentioned may be greater for Ethereum.

Therefore, most market participants, including big-name institutions such as Bitwise and Coinbase, do not have high expectations for passage. The probability given by Coinbase is that “the probability of approving an Ethereum spot ETF is between 30% and 40%.”

Bitwise’s general counsel Katherine Dowling said more directly, “Most people expected that the SEC would not approve.”

However, these views reversed today.

The reason is that ETFStore President Nate Geraci tweeted on X, raising a potential possibility: due to the deadline of the process, the U.S. Securities and Exchange Commission (SEC) must decide whether to approve the spot Ethereum ETF this week.

However, the complete listing process requires the submission of two forms: an exchange rule change (19 b-4 s) and the approval of the registration statement (S-1 s), both of which are necessary for the launch of the ETF.

Geraci pointed out that if the SEC wants to drag it out, in theory the SEC may approve the 19 b-4 s and then slowly process the S-1 s, especially given that the SEC has remained silent on related matters at present, which is very different from the previous activity in the Bitcoin ETF.

Subsequently, Bloomberg analyst Eric Balchunas reposted and proposed that the probability of approval of the spot Ethereum ETF has been raised from 25% to 75%. He said: I heard some rumors this afternoon that the SEC There may be a 180-degree turn on this issue (for some political reasons), so everyone is preparing now. He also reiterated that the probability will be capped at 75% until more evidence is seen, such as applying for renewal.
#ETH #BTC

You can never make money beyond your cognition. The sooner you know this truth, the better.

We can never make money beyond your cognition, unless you rely on luck, but the money earned by luck will often be lost by strength in the end. This is inevitable. Every penny you earn is the realization of your cognition of the world, and every penny you lose is because your cognition of the world is flawed. Therefore, the greatest fairness in this world is that when a person's wealth is greater than his cognition, this society will have a hundred ways to harvest you until your cognition and wealth match.

It is said that "the only way to relieve worries is to get rich suddenly", but getting rich suddenly is something you can encounter but not seek, unless you win millions in the lottery, or your home is suddenly demolished and you become a rich household.

Most people in the world still make money by their own knowledge and ability, and very few can rely on luck.

Just like the stock god Buffett, the profit of an investment can be said to be good luck, but can the long-term annual return be maintained at more than 20% by luck? This is closely related to his "cognition" of the stock market. Ma Yun's success is not just based on luck, but also on the grasp of timing and a certain understanding of market development. Otherwise, even if the opportunity comes, without that understanding, you will not be able to see it or grasp it.
#ETH #BTC

Another accurate miss? Reversal, reversal, and reversal: The probability of Ethereum ETF approval has increased to 75%. The price has risen sharply. Are you still waiting for ETH to be accepted at 2400?

Is the familiar feeling back again?

The SEC requires exchanges to speed up the update of 19b-4 applications. They may approve these applications before the key deadline this Thursday.

It is necessary to remind and supplement that the current approval is 19b-4. If it is not passed, there will be nothing. Everyone has to reapply. Even if 19b-4 is passed, it does not mean that #ETH spot ETF will be approved, because there is still an S-1/S-3 (Grayscale) that needs to be approved, and the longest approval time for S-1/S-3 seems to be 260 days.

So even if it is approved on May 23 (May 24, Beijing time), it does not mean that the ETH spot ETF has passed. If the SEC is unwilling, then S-1/S-3 can still find problems, and even the possibility of rejection cannot be ruled out.

If you want to delve deeper into the cryptocurrency world but can't find a direction and want to get started, you can find me by looking at my homepage profile.
#新币挖矿 #BTC走势分析

Can you make money by trading? What is the essence of trading? Let me talk about my understanding of trading.

Among many industries, some seem to have a low threshold but a very rich income. If you can accumulate a certain amount of professional experience, your life will be more relaxed and comfortable. For such industries, excluding crosstalk, trading has these characteristics, which is also the original intention of my choice to enter this industry.

However, as time flies, I gradually realize that what I pursue is not only economic benefits. On the one hand, I already have a stable income: on the other hand, my interest in exploring trading is getting stronger. The emotional bond with the trading industry has gradually deepened, and I have experienced the ups and downs and changes in the growth process of entering the industry, as if it is a symphony of ice and fire. Now when I think back, there is always a faint smile on the corners of my mouth, and I am more calm and calm. Only occasionally when I dream at midnight, I will let out a sigh.

When I first entered this industry, an experienced senior told me that this market situation is like love. At first, both sides were full of passion and impulse, but as time went on, various contradictions gradually emerged, hindering the in-depth development of both sides. Even if you are together in the end, you will face many disagreements and disharmony. After truly understanding this "emotion", you will find that the true meaning of life lies in plainness rather than passion. Plainness is the truth, which is the wisdom we must have in the market.

At the important decision-making moment in life, the right choice has immeasurable value. The enlightenment of my trading career came from the study of indicators, however, this also became the main source of my confusion in the early stage. During that period, I almost obsessively studied various indicators, but despite great efforts, I often gained little. I even tried to understand indicator programming in depth, but the results were not ideal. Even so, the best result was only to achieve a break-even or a slight profit. However, trading is a protracted battle, not a temporary accidental result. Therefore, I don't know why I make a profit, and I don't know why I lose money. It's like an outsider who can never really step into the field of trading.

Fortunately, after experiencing many painful experiences of losses and liquidation, I realized the importance of risk management.Since then, in subsequent research, I have always put risk control first. Now it seems that this concept also forms the basis of my current trading system.

After deeply understanding the importance of risk, I was fortunate to find a key breakthrough in the fog of trading life. During my study tour, I was fortunate to meet a senior predecessor, whose words and deeds had a profound impact on me. Because of my outstanding performance in risk control, this predecessor became interested in me, and my diligence and humility also prompted us to have more exchanges. I still remember his teachings clearly: "Why not study naked K directly? Just studying a person's clothes cannot fully understand his inner self. You must communicate directly with this person to understand his life." This sentence flashed through my mind like a flash of lightning, dispelling the fog that had troubled me for many years.

Therefore, I stepped into the field of naked K research, and the close contact with the market situation enabled me to find my own path faster. The value of this sentence cannot be measured in money. It has guided me in the field of trading and has profoundly influenced my life principles. Here, I would like to express my sincere gratitude to this predecessor. It was his guidance that gave me real enlightenment and understanding.

So now if someone asks me the fastest way out of the fog in trading, I will tell him without hesitation that it is naked K!
#BTC走势分析

BTC is like a loyal wife:

She may not be the most dazzling, but she has always played an important role in your life steadily. You have experienced many ups and downs together and created many beautiful memories together. Her background may not be prominent, or even a little mysterious, but this does not affect the relationship between you. She was once not favored by the outside world, but as time goes by, her value and importance gradually stand out, and now she is the object of everyone's envy.

The "IOU" in your hand is the promise and tacit understanding between you. As long as this promise is there, she will always be by your side and support you. Although your life is not smooth sailing, she can always give you a stable return and let you feel the warmth and peace of home.

ETH is more like a passionate lover:

She is young, energetic, and can always bring you freshness and excitement. Although her background is not as solid as BTC, she has gradually emerged in the industry with her own efforts and talents. She has a strong desire to improve and is always learning and improving.

The relationship between you is full of passion and sparks, but it is also accompanied by certain uncertainties and challenges. She may seem a little rebellious and elusive sometimes, but that's what attracts you to her. You are willing to take risks for her and give more for her.

However, BTC, as your "wife", has already occupied an important position in your heart. And ETH, as a "lover", although it brings you a lot of happiness, it may also make you fall into entanglement and contradiction. You need to find a balance between the two to make your life more colorful.

BTC and ETH play different roles in your life and bring you different emotional experiences. You need to cherish them and understand them to make this relationship more harmonious and beautiful.
#BTC走势分析

Some experience and suggestions for newcomers in the cryptocurrency circle. It is recommended that you read to the end to help you.

Dear novice friends, welcome to the wonderful world of cryptocurrency! Before you are eager to try, let me, an experienced "old leek", give you some sincere suggestions.

Take steady steps and learn first: Don't rush to make money, master the basics first. If you don't understand the core concepts such as exchanges, cross-chain assets and blockchain, profit will only be a castle in the air.

Be brave to try and be cautious to verify: In the cryptocurrency circle, everyone has their own opinions. Don't trust others easily, practice makes perfect. Only through your own practice and judgment can you form unique insights.

Invest independently and think independently: You are responsible for your investment decisions. It is okay to learn from others' analysis and thinking, but the final decision should be based on your own research and judgment.

There are various strategies, choose the one that suits you: contracts, short-term trading, long-term hoarding, wool-pulling, NFT, etc. Each method has its own characteristics. Find the one that suits you best.

In-depth understanding, looking for potential coins: It is not easy to find a hundred-fold coin. You need to have a deep understanding of market dynamics and project potential, rather than blindly following the trend or relying on chance.

Patience is king, time witnesses value: In the cryptocurrency circle, patience is a virtue. Learning and accumulating experience takes time, don't rush for success.

Follow the rules and be willing to accept defeat: the market is risky, and investment needs to be cautious. Accept possible losses and don't complain about market injustice.

Combine theory with practice: learn while practicing, deepen understanding through actual operations, and form your own investment strategy.

Continue to work hard and achieve the future: As long as you continue to learn and practice, becoming a big boss in the cryptocurrency circle is not out of reach. Focus on self-improvement, not the evaluation of others.

When you have mastered the basics and started to try your hand in the cryptocurrency circle, here are some advanced suggestions to help you go to the next level:

Diversify your investments and reduce risks: Don't put all your eggs in one basket. By diversifying your investments, you can reduce the risks brought by a single project or token.

Learn to stop loss and protect your principal: Set a reasonable stop loss point, and exit in time to protect your principal when the market trend is unfavorable.

Pay attention to global policy trends: The cryptocurrency market is affected by global policies.Keeping an eye on the policy trends of various countries will help you predict market trends in advance.

Cultivate a long-term investment perspective: Although short-term transactions can bring quick returns, long-term investment can better reflect the power of compound interest. Choose a potential project, hold it and wait for its value to be released.

Learn to analyze the project white paper: The project white paper is an important way to understand a project. Learn to extract key information from it and evaluate the feasibility and prospects of the project.

Participate in the community and gain information advantages: Join relevant communities and forums, communicate with peers, and you can get first-hand market information and project dynamics.

Treat FOMO emotions rationally: In the currency circle, FOMO emotions are very common. But blindly following the trend often leads to unnecessary losses. Learn to analyze rationally and not be swayed by market emotions.

Stay calm and don't be swayed by emotions: The cryptocurrency market is volatile, and emotional trading is a taboo. Stay calm and stick to your investment strategy.

Review and adjust investment strategies regularly: The market is constantly changing, and your investment strategy also needs to keep pace with the times. Review your investment performance regularly and adjust your strategy according to market conditions.

Pay attention to security and protect your digital assets: use secure wallets and exchanges, set up complex and difficult-to-guess passwords, and regularly back up and update security settings.

Enjoy the investment process and maintain a positive attitude: Investment is a long-term process. Enjoy this process and maintain a positive attitude. You will find that investment is actually a kind of fun.

If you want to dig deep into the currency circle, but can't find the direction and want to get started, you can find me by looking at my homepage profile. Don't ask me what currency makes money, I really don't know. In addition, I don't sell courses. I hope that every encounter will start with friendship!
#美国4月CPI数据回落 #BTC走势分析

Although I am a humble person and come from a poor family, I have great ambitions and want to make great achievements in the cryptocurrency circle.
The cryptocurrency circle is a place of financial war, just like the ancient battlefield where heroes compete for supremacy.
Although I started from the grass, I have lofty ambitions and want to use this place as a cornerstone to build a career for thousands of years.
I know that the road to the cryptocurrency circle is not a smooth road, but a path full of risks and opportunities.
However, I am determined and vow to overcome all obstacles and climb to the top. I will work tirelessly to learn and seek the truth, so as to gain insight into the changes in the market and seize good investment opportunities.
I also know that it takes more than one day to achieve great things. The turbulent waves of the cryptocurrency circle may make people rich overnight, or make people fail miserably. Therefore, I must always keep a clear mind, make prudent decisions, not be tempted by small profits in front of me, and stick to long-term goals.
Therefore, I will make friends with heroes all over the world, discuss major plans with them, and gather wisdom. Because the cryptocurrency world is a place where information converges, it is crucial to understand market dynamics in a timely manner.

Although I come from a humble background, the cryptocurrency world provides me with a stage to realize my ambitions. I firmly believe that as long as I remain committed and diligent in my studies, I will be able to establish a great career in this place where the wind and clouds meet.
#BTC

Bao Erye said that if BTC doesn't reach 1 million, I will livestream eating chicken. Let's not be so extreme. Today I'm posting this as proof. If Bitcoin doesn't reach 150,000, I will livestream eating chicken.

Is the current market a bullish turn or a bullish U-turn? Will Bitcoin really rise to 150,000? Yesterday I said BTC would reach 250,000 and many people criticized me. Today I'll talk about the logic. Why will Bitcoin rise in the future? Today I won't say 250,000, I'll say 150,000, to be conservative.

The logic of Bitcoin's 150,000 US dollars

BlackRock's size is an order of magnitude larger than Grayscale. Grayscale's fund size is only tens of billions of US dollars now, while BlackRock's is 10 trillion US dollars, so we conservatively estimate that it is an order of magnitude larger than it.

Grayscale now has 620,000 bitcoins, with a total value of about 20 billion US dollars.

After BlackRock's ETF is approved, its size will be an order of magnitude larger than Grayscale, that is, there will be one more zero in its size, so it will be at least 100 billion US dollars.

Think about it, more than 100 billion US dollars are used to buy so many Bitcoins, but the market of Bitcoin is not that big. The trading volume of Bitcoin has increased, but the daily trading volume is only 47 billion US dollars.

BlackRock has been buying in batches for several years.
Of course, BlackRock may not buy this 100 billion in the past few years, but may buy it in five years or even ten years.

But it is an expectation that he will almost buy this amount.

As long as BlackRock's ETF is passed, think about it, there is only more than 40 billion in trading volume a day, and he buys 100 billion, but he buys it bit by bit, and the market can't bear it.

If the price of the currency does not rise, you must know that if the price of the currency does not rise, BlackRock alone will buy 2.9 million Bitcoins.

Obviously, the market does not have so many coins for him to buy.
Why do you say there is no?

Because you can see how many Bitcoins there are in the entire exchange.
Among the Bitcoin exchange balances, BlackRock bought all the Bitcoins from all exchanges, but it couldn't buy 2.9 million, BN 530,000, Coinbase 440,000, and Bitfinex 370,000.

He bought all the exchanges, and there were only 1.8 million in total. Obviously, he couldn't buy so many.

So the price of the currency must rise, and the rise is beyond the imagination of many people.

And Grayscale's ETF must also be passed, and Grayscale's volume must also increase.

In the last bull market, Grayscale had 650,000 coins, and the next bull market will also see a gradual increase in volume.

There are several other top global financial giants, and they will be the same as BlackRock. Fidelity manages a volume of 4 trillion US dollars. He may also want to buy tens of billions of Bitcoin.
I want to buy, he wants to buy, everyone wants to buy, there are only so many Bitcoins, imagine how high Bitcoin can go.

If you understand this logic, then 150,000 US dollars will not feel so far-fetched.

Moreover, Bitcoin is anchored to the US dollar, and its opponent is directly the US dollar. As long as the US dollar does not collapse, Bitcoin will not stop rising.

Follow me, with many years of experience in the currency circle, and a group of like-minded friends, you can also come

Click on my avatar, follow me, and find me by looking at my information
#BTC走势分析

When will the gamefi track take off?

There are pixel, ai, portal, xai, etc. on Binance, and there is also bigtime. In the 73700 wave of the market, it also rose, but it was not as crazy as axs, gmt, and raca before. In fact, the game tokens that can be listed on Binance and OK, at least the traffic, team, and model are OK. As for whether it can become a new myth, it depends on the first need for large liquidity to enter. Secondly, it depends on the project's operational out-of-circle ability and the token release and destruction ratio.

To put it bluntly, whether the game is fun or not, and whether the token has the ability to pull the market. The big market has to wait. Pay attention to Q4 and see. The ceiling of the track, I still remember that the market value of axs was 20 billion before, and raca seemed to be less than 5 billion. At present, the market value of these Binance is only a few hundred million. So. Looking at this round, I think if there is a next axs or even surpass axs, it must be listed on a big exchange, have a stronger out-of-circle, and pull the market. I have time now, I think I can go down and study these games and economic models.

I have many years of experience in the cryptocurrency industry and have a group of like-minded friends. You can also come

Click on my profile, follow me, and find me by looking at my profile
#BTC走势分析

The second peak of BTC is 100,000 to 150,000. I will assert now that Bitcoin will definitely surge in the third quarter. This year's bull market will definitely have three peaks, the first is 73,000, the second is between 100,000 and 150,000, and the third peak will be 250,000 next year.

By then, the current 60,000 will be the floor price, and you will never be able to buy Bitcoin below 60,000.

Ethereum will definitely break through 10,000 before the end of the year, and the copycats will generally see a 5 to 10-fold increase.

Follow me, find me by looking at my profile
#BTC走势分析

Will BTC definitely rise to $150,000 at this point in time and $250,000 in 2025? Get on board, the market is about to surge. $70,000 is just an appetizer. $150,000 this year is the peak. The real big market is coming.

Now is the early and late stages of the bull market. Just get on board. The real show has not started yet. Hold on, hold on, hold on! People who are optimistic about BTC may not sell at $100,000, and will wait for $150,000 or $180,000. This part of the chips will not affect the overall situation of the pull. Most of the chips in the hands of those who are pessimistic now are chasing highs around $50,000 or $70,000. These people are the main resistance in the subsequent market makers' pull. Instead of causing selling pressure on the market at a high level, it is better to let them sell now.

Simply put, it is necessary to complete the exchange of chips here, raise the average market price, consolidate the foundation of the currency price, and maintain the sustainability of the future market rise. This process can take half a month at the fastest and 1 to 2 months at the slowest. I boldly predict that we can wait for BTC of $120,000 to $150,000! From the overall level of the market, this wave of BTC, ETH, SOL, AI and other sectors rising, at best, is an atmosphere group, mainly to create a market atmosphere, so that all traders can get out of the grief of the bear market and into the anxiety of missing out! Many old chains and old cottages are actually still lying at low levels. Their dealers can't be indifferent, watching others eat meat and drinking soup themselves. The next mid- and late-stage bull market is the time for them to dance wildly.

I am currently planning some good currencies
Those who believe in me, are interested, and want to witness my strength
You can find me by looking at my information and join me for free
I will not let fans miss out in this round of bull market
#BTC走势分析

Is the September rate cut confirmed? Bitcoin is going straight up and will break the new high of 73,000? Why don’t my altcoins rise?

Why is Bitcoin rising?

Data provided by the U.S. Bureau of Labor Statistics showed that the "core" CPI rose 3.6% year-on-year after excluding food and energy prices. The data was in line with market forecasts and slightly cooled from the 3.8% increase in March. The CPI in April was 0.3% month-on-month, 0.1% lower than expected.

This is the first time in more than four months that it has met or fallen short of market expectations, and traders see this as a positive sign for interest rates and the possibility of a rate cut before the end of the year.

Because Wednesday's inflation data should be a relief to Federal Reserve officials. As for the April CPI report itself, the significance of the data is that it retains the possibility of a rate cut later this year and calms some concerns that the Fed may need to open the door to further rate hikes. Most economists currently expect the Fed to cut interest rates this year, but there is disagreement on when to cut interest rates.

Why can't altcoins rise?

Let's look back at the starting point of the 20-year bull market:

In October 20, Bitcoin was 11,000, accounting for 58%, with a market value of 258 billion, and the market value of altcoins was 183.2 billion. At the peak of 21, Bitcoin accounted for 42%, and the total market value of altcoins was 1.2 trillion, an increase of 6 times, but it didn't hold up in the end and fell for a long time. Although the current altcoin market value does not seem to have increased much, it has returned to the peak of the 2021 bull market, and the next is the peak period of unlocking. If you want altcoin season, the total funds required are very huge

It can only be said that this round of altcoins is very difficult. The market value of altcoins in the last bull market has doubled by 6 times, and there are many currencies in the market that have doubled by 10 times

However, this round of altcoin market is already a trillion-dollar scale, and the altcoin market can probably double by 2-3 times. There will be no altcoin season, but it is not as enthusiastic as the last round

Many people have been thinking about the altcoin market with a surge in 10,000 coins, which may disappoint everyone!

There are mainly the following reasons:

Now it is different from the past, institutions enter, retail investors exit, and ETFs only buy big coins

Exchanges launch new coins too frequently, and there is not much money on the market, resulting in insufficient liquidity

New coins are launched on exchanges at the peak, and those who take over in the secondary market have become leeks;

Click on my avatar, follow me, and find me by looking at my information

Many years of experience in the currency circle, irregular fresh goods passwords
#BTC走势分析

BTC breaks through 64,500 in the short term. Is it a real breakthrough or just an illusion? How bearish is it?

Did Sun Ge lose money by buying a large amount of ETH?

Sun Yuchen, nicknamed "Sun Ge" by people in the world, is a well-known figure in the field of cryptocurrency, and his investment trends have always attracted market attention.

As of the end of last month, Sun Ge had increased his holdings by more than 78,000 ETH. After the news broke, the price of ETH once exceeded $3,300. Then the situation seemed to have reversed. Sun Ge did not express his motivation for buying ETH, and his move completely led to the market's FOMO sentiment, and once believed that the ETH system was going to take off;

Do you think Sun Ge will lose money? Is it a strategic investment or to attract leeks to enter the market in the future, and he has already opened a huge short order? Leave your opinion in the comment area.

As a practitioner in the currency circle for 8 years and in the financial circle for nearly 15 years. I have a lot of trading experience, which may be helpful to you. From time to time, I will also share some passwords with you

Click on my avatar, follow me, find me through my information, and communicate together.

#BTC走势分析

Whether the market can counterattack tonight depends on the US April CPI tonight.

The world is watching the US April CPI data released tonight. In the context of the current confusing economic situation and the lingering inflation, CPI has become the most critical data for US stocks.

The US Department of Labor will release the April CPI data at 20:30 on Wednesday evening Beijing time. The major investment banks on Wall Street have little difference in their forecasts for the April CPI, and most believe that inflation will slow down slightly. The current consensus forecast is:

I believe everyone still remembers the big surge in the cryptocurrency market last Friday. All mainstream currencies rebounded by 20%-30%, and even some small currencies rose by more than 50%. Therefore, some investors are not sure whether it is a dead cat jump or a real reversal of the situation. In fact, this question is very simple. We only need to find out the reasons for its rise and fall

to speculate on the next trend of the cryptocurrency market. The big surge last Friday was due to the increase in unemployment data at 8:30 pm, which cooled the overheated labor market, which strengthened Wall Street's expectations for the Fed to cut interest rates. From one rate cut this year to two or even three rate cuts, the previous plunge in the cryptocurrency market was also caused by inflation. At that time, Wall Street was afraid that the Federal Reserve would not release money this year, which would cause the capital market to bleed, so they began to sell cryptocurrencies and US stocks. Therefore, the next CPI data is particularly important. The most critical thing is that the latest CPI data will be released at 8:30 pm next Wednesday. If it is lower than expected, the cryptocurrency market will definitely repeat the super surge last week, and the Federal Reserve will also turn from hawkish to dovish. Will the inflation data next Wednesday fall or rise?

This is actually not difficult to judge. Various commodities, such as oil, natural gas or silver, have experienced a sharp decline in the past few weeks after experiencing a sharp rise for several months. Coupled with the cooling of the job market this time, the inflation data this time is likely to be positive or in line with expectations.

There will be a huge good news at the end of this month, which we will talk about later. On Wednesday, the day before the release of CPI, we can also look at another related data, PPI, which is highly correlated with CPI. Many smart institutions and managers are also aware of these data, so these people will most likely start to increase their positions. Therefore, Yongheng feels that the cryptocurrency market will most likely strengthen before the data comes out next week, so any pullback is an opportunity for you to increase your position. However, this is only about CPI. If there is other news, we will talk about it then.

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#BTC走势分析

Is the bull market that lasts four years completely over? Or is 2024 not a bull market at all? It's just the market heat driven by ETFs. Is it really like this?

Many people say that the real bull market will come in 2025, when BTC will break through $150,000.

Recently, many people say that the bull market is over, and Bitcoin will fall to 40,000 or 20,000. The most difficult crypto winter in 2022 has been survived. Now Bitcoin is at least above 60,000, which is much better than the market in 2022. So there is no need to be overly pessimistic.

Looking back at the previous round, that is, the price trend of the bull market in 2021, even in the heyday of the bull market, there were many retracements, not to mention at the beginning of the bull market. From the perspective of long-term holders, the bull market has been open for a short time, and even the bull market in 2018 lasted longer than it is now.

Regardless of whether the spot ETF is passed, I think the so-called "violent bull market" should be from the end of 2024 to 2025. This bull market may see "triple tops" or at least "double tops".

This round of ETH cannot rise because the funds coming in from Bitcoin ETF are still limited. There will be no big bull market without a large amount of money in the current size of the currency circle. The Federal Reserve currently only has some expectations of interest rate cuts, and interest rate cuts are usually accompanied by black swan events. The harm of interest rate hikes is lagging. There is a high probability that there will still be shock washes before at least the fourth quarter of 2024. If the black swan really comes, you must boldly copy to welcome the violent bull market!

As a practitioner in the currency circle for 8 years and in the financial circle for nearly 15 years. I have a lot of trading experience, which may be helpful to you. I will also share some passwords with you from time to time

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