币圈深度分析

The bull market may not come tomorrow, but every foundation is being built up

What everyone is most concerned about is:
"Can this news push the coin price up tomorrow?"

But the truly smart money is looking at——
In the past two years,

the U.S. has implemented spot ETFs,

Europe has established MiCA regulations,

and now the Middle East is providing a "full set of licenses" for crypto using international standards.

This is not a story of a single candlestick,
but a big picture on a decade-long scale is slowly unfolding.

Sometimes the market is very harsh:

The news that truly determines the height,
when it arrives, everyone just feels "oh, another piece of news";
when the emotional climax day comes,
you look back and realize: the foundation had already been laid long ago.

So what about you, are you watching the foundation now, or just waiting for the fireworks?

Influence ≠ Control, the stories of the past no longer determine the future
Do Kwon's story will be written into LUNC history rather than the present

When discussing LUNC, many people cannot distinguish between two concepts:
"Still in contact": participating in governance, holding key permissions, influencing decisions;
"Still have influence": his name and case will sway emotions and public opinion.

The current situation is:
On-chain governance of LUNC, parameter adjustments, community fund usage, etc., are all led by the community;
Terraform Labs has long since destroyed its LUNC and USTC holdings, and the founders have exited the stage in terms of control.

Do Kwon's name will still appear in media headlines in the short term, but that is merely a historical imprint, not real control.
As time goes by, LUNC will be evaluated more as a public chain led by the community and rebranded, and its performance will ultimately rely on its own ecosystem and development to speak for itself.

#LUNC🔥 Calm before the storm, 1$

$Aif is representative, in fact, it is an attempt to write operations automation into the token economy.

If we look at a larger pattern:

In the past, we considered a project: team, product, community;

Now there is a new dimension: "what kind of operating system it carries".

AIF hands this part over to AI to run, which is the first generation version,
In the future, there may be second and third generations,
such as more precise audience profiles, more complex content strategies, and smarter budget allocations.

If this line is feasible,
it may change the survival methods of many small projects;
If it is not feasible, it will also tell future participants:
which links must still be overseen by humans.
#Aif

When everyone is focused on the 'next hot topic', I want to clarify the 'game rules'.

You will find that every cycle brings new stories:

The last round was DeFi, NFT, GameFi;

In the meantime, there were Meme, Rollup, and various new wine in old bottles.

If you only chase 'what is the hot topic this round',
You will feel a sense of déjà vu fatigue every time.

So in the past two years, I have focused more on:

Who is setting the rules? (exchanges, regulators, institutions)

Who is providing the infrastructure? (public chains, L2, stablecoin issuers)

Who is paying for real demand? (users, developers, entities putting assets on-chain)

Looking at the timeline a bit longer,
Roles that can repeatedly appear are more worthwhile to study than projects that are fleeting.
#币圈深度分析

A Must-Read Anti-Scam Checklist for Newbies in the Crypto World (Recommended to Bookmark)

In Web3, safety is always the first lesson.

Many people lose not due to market conditions, but due to scams.

The following pitfalls are particularly easy for newbies to fall into 👇 Digital One Agency

1️⃣ Phishing Websites / Fake Apps
Links look exactly like the official website, just missing one or two letters.
Once you connect your wallet or enter your mnemonic phrase, your assets can be emptied directly.
✅ Only click links from official channels (official website, official Twitter, official Telegram/Discord);
✅ Add commonly used websites to your browser's favorites and access them from there.

2️⃣ Fake Customer Support / Fake “Account Unfreezing”
They add you as a friend, claiming to be platform staff.
They ask you to “cooperate with operations,” “pay a deposit,” or “provide a verification code/mnemonic phrase.”
✅ Official sources will not privately ask you for your password or mnemonic phrase;
✅ Any request that requires you to transfer coins to “unfreeze” should be blocked immediately.

3️⃣ Fake Airdrops / Fake Whitelists
They randomly send strange tokens to your wallet.
They ask you to visit a certain website to “claim airdrop” or “authorize transactions.”
✅ Do not casually interact with tokens from unknown sources;
✅ If you don't recognize the airdrop, treat it as non-existent.

4️⃣ Rug Pull
The team pumps the project, shouts trades, creates FOMO.
After everyone rushes in, the project suddenly dumps the price and withdraws liquidity, causing the token to drop to zero.
✅ Try to avoid projects that rely solely on “stories and emotions”;
✅ Check if the contract is locked, whether liquidity is locked, and if the team is transparent.

Emotions and Structure: Why "Panic Volume" is Worth Extra Attention

There is a K-line pattern that I pay special attention to:
Panic decline + Significant volume + Closing not making a new low.

It may imply several things:

Leverage positions are being concentrated and liquidated, causing a stampede;

Patient capital is supporting at lower levels;

Market short-term emotions are being released all at once.

Of course, this does not mean to immediately go all in and bottom-fish,
but structurally, this is an important "divergence point."

What I would do is:
Take note of this K-line,
Monitor its highs and lows for a period of time,
because it is very likely to become a reference coordinate for a stage.
#币圈深度分析

Where do airdrops come from? 3 keywords that beginners should understand

In the community, we often talk about 'grabbing airdrops, interaction, and brushing the chain.' So what exactly is an airdrop?

An airdrop is essentially a way for project teams to attract attention and reward early users by distributing a portion of tokens for free to wallet addresses that meet certain criteria.

The common logic behind airdrops is roughly as follows:
You have genuinely used a particular chain or protocol.
You have completed some actions: transfers, transactions, providing liquidity, staking, etc.

The project team later takes a 'snapshot + scoring' based on your past behavior, and addresses that meet the criteria can claim tokens.

3 reminders for beginners:

1️⃣ Don't just gamble recklessly for 'grabbing airdrops.'
Some projects won't issue tokens at all.
Some projects do issue tokens, but there’s no liquidity.

2️⃣ Pay attention to interaction costs and security.
Gas fees and cross-chain bridge fees are real money.
Be cautious of fake websites, fake contracts, and fake 'airdrop claiming entrances.'

3️⃣ Treat airdrops as 'handy rewards,' not your main business.
The core is still to learn and truly understand what the protocol is doing.
The deeper you understand, the easier it is to discern which ones are worth participating in and which ones are obviously fake.

Consolidation is not "nothing happening," but rather a reshuffling of positions.

Many people see prices moving sideways and think the market is "taking a break."
However, from the perspective of position structure, consolidation often means:

The profit-taking from the last trend is gradually exiting;

New capital is repeatedly testing the cost zone within a range;

Impatient short-term traders are shaken out by the back-and-forth volatility.

If we look at the candlestick chart from a broader perspective, a period of consolidation often represents the "foundation" for the next trend.

Therefore, I am more concerned about:

Whether trading volume expands or contracts during consolidation;

Who is absorbing the buying pressure during each lower shadow;

How many times the edges of the range have been tested.

These factors are often more important than the slight fluctuations at the moment.
#币圈深度分析

NFT: Not just images, but a 'certificate of the digital world'

Many people's first impression of NFTs is:

"It's just a few messy JPGs being traded at sky-high prices."
But a more accurate understanding is:
NFT = a 'unique digital certificate' recorded on the blockchain, used to prove that a certain digital asset or right belongs to you.

ChainUp
It can correspond not only to avatars but also to:
A piece of digital artwork
A concert ticket / qualification for an offline event
A membership card for a private community
Weapons, skins, cards in games
Others can right-click and save your avatar, but cannot copy:
The on-chain record that you are the holder of the NFT
The exclusive rights and benefits attached to the NFT

So, when you see an NFT project, you can ask yourself three questions:
What specific rights does this NFT represent? (Ticket/identity/item/revenue share…)

Does the project have real products or community support?
If tomorrow no one takes over, is this NFT still useful to me?
Revisiting NFTs from 'speculative symbols' to 'digital certificates', you will find that Web3 is far more than just trading images.

In a round of market trends, there are often only three types of participants who make money.

Looking back over the past few years, I increasingly believe that:
In a complete trend, there are roughly only three types of people who really make money:

1️⃣ Early backers: Those who dare to invest a small amount when no one believes, and hold on long enough;
2️⃣ Mid-trend entrants: Those who wait for direction to be established and capture the most "boring" part of the rise in the middle;
3️⃣ Swing traders: Those who only engage in clear pullback buying points and reduce positions at emotional peaks.

Most of the losses are concentrated in:

Those who chase at the emotional peak;

Those who refuse to leave, continuously going from "profitable accounts to drawdown bottoming."

After watching the structure for a while, you'll find that—
Not everyone is doing the same thing in the "same bull market,"
You need to first think clearly about which category you belong to.
#币圈深度分析

The "liquidity pool" and AMM in DeFi are actually not that difficult.

Do you want to close the page when you see "DeFi, liquidity pool, AMM"? Come, let me explain it in simple terms.

In traditional finance:
When you buy and sell stocks, you need to match buyers and sellers.
If no one is placing orders, you can't complete a transaction.
In many DeFi protocols, another set of logic is used: AMM (Automated Market Maker) + liquidity pool.

gemini

You can think of it as:
A pool of tokens (fund pool) just sitting there,
Anyone can directly exchange coins with this pool,
The price is automatically calculated by a set of formulas based on the ratio of the two types of tokens in the pool.

Those who provide funds to this pool are called LP (Liquidity Providers):

Deposit two types of coins in proportion
Help others provide the convenience of "instant exchange"
In return, earn a portion of the transaction fees.
It looks like "helping others to market and earn fees", but don't forget:
When coin prices fluctuate greatly, there is a risk of impermanent loss.
It's not "putting in and waiting equals risk-free earning."

So, here's a one-sentence summary for beginners:
First understand the risks, then decide whether to become an LP,
Don't just look at the APR; very few people will explain the term "impermanent loss" to you in detail.

CEX vs DEX, which one should beginners use?

Beginners who have just entered the field usually come across two types of places for "currency exchange":

① CEX: Centralized Exchange (like Binance)

Features:
Need to register an account and do KYC
Assets are held in the exchange's wallet
User-friendly interface, order books/depth/candlesticks are relatively clear
Suitable for beginners to deposit and withdraw fiat

Disadvantages:
You do not control the private keys; in extreme cases, you have to trust the platform's risk control and security. Reuters

② DEX: Decentralized Exchange (like Uniswap, Pancake, etc.)
Features:
No need to register an account, no real-name verification required
You use your own non-custodial wallet and manage your own private keys
Transactions are completed through smart contracts and liquidity pools on the blockchain Moon
Disadvantages:
Not very friendly for beginners: the interface is simplistic, you have to choose the network yourself, Gas fees, etc.
You are responsible for operational errors (wrong chain transfer, wrong contract clicked)

👉 Practical advice for beginners:
Initially: Focus on CEX to understand basic concepts and risk control
Once you have a basic understanding of wallets, chains, and Gas fees, try using a small amount of funds on DEX for practice
Always remember: whoever controls the private keys truly controls the assets

Many beginners stumble at the very first step on the two words "wallet".

First, remember this concept:

Exchange account ≠ your wallet,
What truly belongs to you is the wallet where you control the private key/seed phrase.

Wallets can be roughly divided into two categories:
1️⃣ Hot Wallet
Mobile App, browser plugin
Always online, suitable for daily small transactions, interactions, and claiming airdrops.
Risk: Connected to the internet, easily targeted by phishing links and malicious authorizations.

2️⃣ Cold Wallet
A small hardware similar to a USB drive, usually offline.
Suitable for long-term, large storage.
Operations are a bit more complicated, but security is higher.

A simple principle for beginners:
For experimentation & practice: use a hot wallet.
For real big money: keep it in a cold wallet.
All money: do not screenshot and send your seed phrase to anyone.
Later, I will release a separate article focusing on "seed phrase security" and common failure cases.🔐

What is Web3? Let me explain it in simple terms.

Many people feel overwhelmed when they hear about Web3, but it can be remembered like this:

Web1: Only "view content"

Web2: Can "view + publish content" (like Weibo, short videos)

Web3: Based on the first two, it adds one more thing — "you can truly own your assets and data"
McKinsey & Company+2PwC+2

In the Web2 era, your accounts, data, and content are all on the big platforms' servers, and they can shut you down at any time;

In Web3, assets and identities are more often stored on the chain and in your own wallet, using cryptographic technology to ensure who owns what and who has permission. Amazon Web

You can understand Web3 in one sentence:
Evolving from "platform ownership" to "user ownership," transitioning from the account era to the wallet era.

In the following posts, I will guide you step by step through this new world, covering wallets, exchanges, NFTs, and DeFi.

【Significant Positive News】
In the latest congressional hearing, Federal Reserve Chairman Jerome Powell clearly stated that the Federal Reserve does not oppose American banks providing services to cryptocurrency companies and investors, as long as they comply with existing risk management and consumer protection requirements. At the same time, the Federal Reserve has removed "reputation risk" from the bank regulatory manual, reducing the space for blanket refusals of cryptocurrency business due to "image issues".
This means:
Compliant banks can more boldly provide accounts, clearing, and custodial services for exchanges, custodians, funds, etc.;
The long-standing pressure of "de-banking" on the cryptocurrency industry is expected to ease, further connecting traditional finance with the cryptocurrency world;
The compliant channels for institutional funds entering the cryptocurrency market are being formally confirmed, which is a medium- to long-term benefit for the adoption and liquidity of mainstream assets like Bitcoin.
The regulatory authorities have not issued a "red light" for cryptocurrency, but rather provided a signal of "what can be done" after clarifying the rules. Do you think this is one of the key catalysts for the next round of market trends?

In the cryptocurrency market, significant losses often stem not from poor market conditions but from the "washing tactics" of large players. Common four tactics:
① "Pushed to Desperation": Breaking key support + negative rumors, causing retail investors to panic sell at the lowest point;
② "Wearing Down Patience": Long-term downward trend and sideways movement, making people fatigued and exit, only for prices to rise right after they sell;
③ "Continuous Fluctuation": Constantly triggering stop-loss orders, technical signals frequently failing, buying high and selling low;
④ "Manipulating Public Opinion": KOLs, group chats, and news working together to create hype, leading to buying at high positions.
To survive: Stay away from air coins without fundamentals, focus on capital flow rather than emotions, set stop-loss orders in advance, remain calm during panic, and take profits during euphoria.

$ETH This kind of market is also impressive, whoever dares to buy the dip I regard as a warrior, just fuel for the bears.

No worries about airdrops for three consecutive days, keep grinding for points! Today at 21:00, the airdrop blind box is here, requiring 230 points. Those with more points can grab it, and after yesterday's large-scale point clearing, it should be easy to grab. There are definitely points that haven’t been used. I just grinded AIO when it was stable, pay attention to each loss during the grind. If the loss is large, stop grinding and wait for the price difference to be smaller before grinding again. It doesn’t necessarily mean that grinding points must be done immediately without managing wear. #ALPHA #Binance Alpha new listing