麦子-Mace

Marketing can be aggressive, but you must always hold the moral bottom line. This time, Sun Yuchen is very likely to completely exhaust his path in the industry.

Even CZ couldn’t stand it anymore and publicly advised him to rein it in—don’t use public opinion to destroy others. Looking back at Sun Yuchen’s past series of actions: he once booked a meal with Buffett but backed out at the last minute; he spent several million dollars to buy Banana art to generate buzz—again and again, the boundary of marketing keeps retreating, and the bottom line gets pushed lower and lower. This time, there’s a high chance he’ll step onto a huge landmine.

CZ, too, once crossed industry red lines. Back then, he paid tens of billions in the form of the highest fines to complete a settlement. Binance is an industry “gold mine” that can generate ongoing revenue, with a solid, real-business foundation—so it has the confidence to negotiate and maneuver.

By contrast, Sun Yuchen only has book-entry wealth, with no core foundation that can continuously generate cash. This controversy has already sparked widespread intense backlash across the internet, with a fierce nationwide wave of public opinion. The crypto world itself is in a highly sensitive public-opinion environment, yet he deliberately tries to ride the entertainment industry’s top-tier celebrity attention, aiming to extract all the benefits of star-driven traffic.

Traffic is always a double-edged sword. Unrestrained hype doesn’t just rebound on him personally—it forces the entire crypto community to carry a massive burden of public-opinion pressure. Without foundational business support, the louder the spectacle propped up purely by money, the closer the crisis becomes.$BTC $BNB $ETH #孙宇晨景甜 #霍尔木兹海峡战事再起

The truth of the crypto world is actually brutal: besides the big incumbents that truly survive across cycles—like the real “leaders” behind the hype—most altcoins’ average lifespan is only around 3 years. 3 years is just enough for a full bull-bear switch, and just enough for a new batch of fresh “grass” to complete the whole process of "entry—belief—zero."

After 3 years, liquidity dries up, the community disperses, and the developers vanish. The coin price stops moving and turns into a straight line. You think it’s just ranging on the chart, but in reality it’s already dead—it’s only not buried yet.

It’s exactly the same as A-shares. Many stocks start getting marginalized about two years after listing: trading volume shrinks, market cap is slashed again and again, and slowly they turn into "zombie stocks." The difference is that A-shares has an ST label to warn you, whereas in the crypto world there’s not even an obituary—just straight to zero.

So the core logic has never changed: long-term investors only deserve the leaders, and if you trade short-term, you have to run altcoins fast. Treating an altcoin as a long-term “stock” in essence is cheering on the project team’s getaway car. $BTC $ETH $BNB #韩国单股杠杆ETF交易下降 #越南试点加密资产市场

In the last bull market, among the mainstream copycats, the one that truly stood out was SOL, followed by SUI; most of the rest were just hype that surged but crashed hard on the way back—there was simply no real “taste.” So what about this round? Don’t rush to place bets on “who will be the new leader”—it’s too early to say. The real winners won’t announce themselves when things are quiet; you’ll know when next year’s bull market is officially ignited, when capital rotates, strength is confirmed, and pullbacks can still be absorbed—that’s when they truly show up. Take it slow, choose carefully, don’t guess names—only judge the momentum. $BTC $SOL $SUI #韩国单股杠杆ETF交易下降 #越南试点加密资产市场

Understand the coin圈 (crypto market) through the lens of four core words: liquidity dividend. It’s a precision liquidity harvesting machine—when liquidity flows in, it creates prosperity; when liquidity floods the market, you cash out and leave; when liquidity dries up, value becomes zero. All the narratives, hot topics, and concepts are essentially “liquidity traps” manufactured by people. In this market, belief is the most expensive IQ tax, because no matter how things change, they never stray from the same liquidity playbook—every scam is just a different disguise of the same liquidity scheme. $BTC $BNB $ETH #特朗普达成委内瑞拉17油田开发协议 #阿富汗塔利班据报全国禁止加密交易

The real bull market usually starts with small bullish candles, small and steady, so it doesn’t feel like a bull market is coming. This kind of explosive surge that makes everyone realize the bull is here is dangerous. This time the “trap for buyers” was perfect. It looks like historical patterns still hold: buy the dip in October, and next year will be a small bull market.$BTC $ETH $BNB #中国批准新增684亿美元QDII额度 #沃什称通胀是美联储首要关注

Sun Yuchen sues Jing Tian—¥30 million, not yet tried, and jurisdiction is still disputed—yet the comments section has effectively already handed down a verdict.

Let’s first make two points, which are crucial:

First, in our line of work, Sun Yuchen really is good at marketing. That’s not me trying to bash him;

Second, a fly doesn’t land on a seamless egg—when it comes to Jing Tian’s early incident with Zhang Jike, the whole internet was criticizing the man back then. Now that it has been clarified, how many people only then realized they had sided with the wrong person.

So don’t rush to worship the halo: the persona in front of the camera, and the ledgers behind the camera—often there are two different versions. When someone who’s good at marketing meets someone even better at marketing, that’s when the show happens.

With the same timeline, you can read two completely opposite stories:

One side says: the large payment was made, the engagement didn’t materialize, and reclaiming the money is only natural;

The other side says: while publishing a ten-thousand-word statement, they also filed a lawsuit—first using public opinion to frame the narrative, then letting the court fill in the procedure.

There’s basically no agreement on “who the weaker party” at all—some people sympathize with the money that can’t be reclaimed, while others sympathize with being publicly narrated. Which version you believe depends on who you felt sorry for first.

And as of now, both sides still haven’t produced anything that can decisively settle it: whether the payment was a bride price or a gift is still not determined, and the court hasn’t even started the trial.

Don’t decide life or death yet. Wait for the judgment document—it’s worth more than rushing to worship or to condemn.

👇 Do you feel sorry for the money first, or for the way they’ve been narrated? See you in the comments.$BNB $RTX $BTC #Okta与CrowdStrike财报超预期大涨 #比特币升破8万美元创三月新高

Bear market bottom, hands shaking so much I don’t dare to place a buy order.

Bull market top, brain gets hot and I go all-in.

All that rally in the middle was lost in the agonizing debate of “Should I sell or not?”

Opportunities to change your fate come only a few times in a lifetime: once to bend down and pick up chips, once to turn around and exit.

People who rush back in after hearing “The bulls are here” are never the protagonists.$BTC $BNB $ETH #Okta与CrowdStrike财报超预期大涨 #比特币守于7.94万美元

In the era of incremental growth, opportunities wash over everyone’s feet like the tide; in the era of stagnation, when the water level recedes, good assets become chips tightly held by only a few. A property deed in a first-tier city, and a bitcoin in the blockchain world—at their core, they’re the same thing: for ordinary people, over a lifetime, they may just be spectators.$BTC $ETH $BNB #比特币升破8万美元创三月新高 #韩国KOSPI收创纪录新高

China’s birth population has fallen below 8 million—this is more serious than many people think.

Not that kind of “feel-good” story about “fewer people means less competition.” This is concrete: the pension you pay—when the post-’80s generation retires, it’ll likely support about one person for every extra year of contribution; the non-core-area home you hold now won’t be enough for the next buyer to split the burden after 20 years; and in your hometown’s smaller third- and fourth-tier cities, schools are already being merged and malls are starting to go vacant—not a sudden collapse, but a slow emptying.

Worst of all, these factors feed into each other: fewer people → land can’t be sold → local governments have no money to subsidize childbirth → even fewer people; fewer people → social security gets tighter → young people carry heavier burdens → they dare not have children even more. Once this negative feedback loop starts, it won’t be stopped by a policy that simply offers “three-child” subsidies.

What ordinary people can do is to re-calculate the numbers: don’t stubbornly hold onto non-core assets like property; choose careers that “machines can’t easily replace” or that are driven by “aging-related demand.” When picking a city, look at net population inflow—not just GDP. The trend is already set; disagreements only differ in how quickly the downturn accelerates. Don’t pretend you can’t see it.

In the future, what will you rely on for your retirement? That’s why ordinary people need to save for a big cushion! $BTC $ETH $BNB #SEC向白宫提交加密托管规则提案 #比特币64亿美元期权将到期

Urgent reminder.

Right now, the market is moving sideways at a high level. These past two days it’s been consolidating—most people in the square seem pretty excited, thinking it will still break higher and they can keep the party going. But personally, the more I look, the more something feels off. When others are happy, I can smell a bit of danger.

As we discussed before, the expectation was that in September or October there would be a fifth “bottom-building” pullback—maybe even an avalanche-like selloff. Now the question is whether this script will play out as predicted. We’ll wait and see.

History isn’t always exactly the same every time. But holding sideways at a high level for days, volume/market energy not keeping up, and accumulated profit-taking positions getting thicker and thicker—this combination has never been a good sign. People may call me overly cautious, but I just want to put it out there first: if it really comes down, it won’t give advance notice.

If you’re holding heavy positions, weigh it yourself—don’t wait until the bloodbath happens and then ask what to do. $BTC $BNB $ETH #比特币64亿美元期权将到期 #XRP一周上涨44%

You think you’re making money by rushing meme coins (“tu gou”), playing knockoffs?

Actually, you’re just a cash machine.

From the day all these copycat coins are born, there’s only one purpose—to trick your BTC away.

Founder issues the coin → pumps it up → you FOMO in → they trade the coins they hold for your BTC → then they run.

You end up with a pile of trash, while they walk away with real gold and silver.

In the crypto world there are thousands of coins, and only a handful survive two full bull-bear cycles. Only BTC is that thing which never goes to zero.

As for everything else? They’re consumables. Use them up and discard them.

Remember this: swapping altcoins for BTC is wealth appreciation; swapping BTC for altcoins is consumption.

Don’t get it backwards. $BTC $ETH $BNB #OpenAI据报完成新一代Bel模型预训练 #美伊据报达成停火共识

This bull market round
Don’t play garbage coins,
Don’t play futures contracts,
Don’t blindly chase hot trends,
Don’t trade emotionally,
Don’t chase pumps and then sell at dumps,
You’ll beat 90% of people! $BTC $BNB $ETH #BTC触及80000美元 #泰国拟扩大SEC加密案调查权

Another day of passive value appreciation. Right now, it’s purely a test of willpower. If you can’t hold your position, get out of the scene early—people who trade frequently are destined to not make money. It’s nothing more than cutting losses at low levels and taking bags at high levels, endlessly churning with nothing to show for it.

For now, there’s only one word: Hold. Be a “dull-minded” fool—don’t spend every day watching the chart and making random moves. For swings, only do pullbacks on super large timeframes. Let the small bull top out for a round, then let the big bull top out for another, and then the secondary top runs as well—after the three waves are eaten, you’ll be ecstatic.

During the upswing, never get trigger-happy. In the last cycle, the altcoins were a real tragedy—ETH even bled down slowly from 2021 until now, taking a full eight years to finally wait for the breakout. Who would dare to buy back then? But this round, expectations have completely flipped: ETH will lead the market, bringing the altcoins into a full-blown bull run—10x for altcoins is just the starting line. Meanwhile, the previous round’s everyone fighting over BTC may instead go quiet this time. A 2–3x move could be the end of the story. This round is a wild party for ETH and the altcoins. #比特币创2023年3月来最强周涨幅 #BPI吁FinCEN扩大稳定币身份识别至二级市场
$ETH $BTC $BNB

“Let’s rehearse the next market move:

Pump the price—not to help you make money, but to drive the shorts into despair;

Lure longs—not to save the masses, but to make you feel, ‘This time is different’;

Dump the price—not to correct, but to swallow you whole, skin and bones.

The show has begun—will you be an audience member, or the fool?”$BTC $BNB $ETH #美加贸易谈判破裂加拿大誓言反制 #标普500结束周线连涨

Over the past two days, BTC has surged by over 20% in just five days—one move pushed it to as high as $79,000, nearing $80,000. Many people are starting to chant again that “the altcoin season is coming.”

Hold on—first let’s balance the books:

The old playbook was—BTC rallies → profit-taking sells BTC at high levels → there’s nowhere for the money to go → it gets poured into altcoins and new coins with low historical gains and low sell-pressure, leading to a broad altcoin rally.

But this time is different: BTC has been forced up from $63,000 by U.S. debt buybacks, Trump’s remarks, and short liquidations (170,000 positions liquidated in 24 hours), not by healthy incremental buying pressure—so the “thickness” of profits is already thinner than usual.

More importantly, BTC itself hasn’t truly established itself above $80,000 yet. You can clearly see that large holders are taking profits. The first priority for the funds is to “protect BTC profits,” not to gamble on spilling over into altcoins.

For altcoins to really surge, the prerequisites are that BTC holds sideways to stabilize sentiment, ETH/BTC strengthens, and BTC’s market share declines. Right now, none of that is satisfied—this is only some limited catch-up rallies in a few sectors, not a systematic altcoin season.

To state the conclusion plainly:

This move is a BTC-only trend driven by “pure capital + a squeeze,” not a rotation signal for a bull market. It’s unlikely that altcoins will broadly top out. Chasing new coins at highs is especially likely to catch a falling knife. For a true altcoin season, you’d have to wait until BTC above $80,000 has washed out the profit-taking, and only then when funds actively spill over—on that day. Not yet! $BTC $BNB $ETH #黄金反弹近5% #美国炼油商面临原油供应下滑

August’s rebound has already been verified. Next, the counterfeit/clone market could have another rebound, or it may trade sideways at high levels. After that, the probability of a bloodbath in the second half of September at the latest—and possibly by October—is high! Keep verifying! $BTC $BNB $ETH #FOMC会议纪要 #Coldcard盗窃案调查取得进展

Survival Rules for the Next Bull Market:

Spot comes first—stick to the mainstream.

No leverage, no scams, don’t chase high prices.

Have coins in hand, but no coins in mind.

Endure the solitude, and you’ll be able to catch the prosperity.$BTC $BNB $ETH #阿联酋称探测到两枚伊朗弹道导弹 #美国柴油利润率突破100美元创纪录

It’s been churning for months, and the 60,000 mark is an obvious “golden dip.” The main force’s grinding mill is just to shake out the last of the holders. Technically, the final round of the “death cross” is expected to be confirmed in October—how is this risk? This is the last window to accumulate shares at suppressed prices!

Don’t wait until the altcoins take off and Bitcoin breaks above the previous high, and then beat your chest in regret. In this cycle, getting access to low-price chips at this level will probably be as hard as reaching the sky. The opportunity is right in front of you—if you don’t stock up now, when will you? Hold on and wait for the wind to come! $BTC $ETH $BNB #比特币永续合约资金费率创20个月新高 #美国要求韩国优先投资存储芯片