Let’s briefly summarize the market this weekend
On Saturday, the market basically moved like a looms’ motion; there was basically no fluctuation at all. With extreme contraction in volume, the market has reached an awkward situation where hardly anyone is trading—only liquidity market makers are casually sketching charts as if nothing’s happening;
1. The biggest shock this year is that Web3 funds have fully flowed into the US stock market, and the outflow was seamless. Even though there’s no large-scale transfer of capital on-chain, because tokenization in the US stock market itself solves the threshold for trading US stocks
2. DeFi infrastructure has advanced another step. To capture new users and CEX users, DEXs are generally more willing to throw money around and manufacture 100x/1,000x “miracle coins.” Even though 99.9% are eventually zero-return coins, compared with how increasingly regulated CEXs are today, these capital groups trying to forcibly loot are now constrained—they prefer DEXs that are basically without any moral or legal rules. So most of the new users over the past two years have mainly flowed into DEXs, forming a sort of self-contained cycle of “grading scores” to farm airdrops and then selling them off. What used to be opportunistic has become an industry-wide pattern over these past two years
3. The repeated and unpredictable Iran–US conflict has made global capital extremely risk-aware. Coupled with constant talk of interest-rate hikes, it’s a major obstacle for capital. This isn’t a lack of money in the market—it’s the risk-reward ratio that determines where funds prefer to go
BTC resistance levels: 87550/85165/75475/78425/71500
At this moment, the long positions you hold at 76700 and below can be kept as a “breakeven-loss-protection” lot and continue holding. As long as you don’t hit the breakeven-stop-loss, hold it into next week;
ETH resistance levels: 2750//2525/2400/2225/2100
Follow the BTC/big-breadth rhythm to enter the trade;
The SUI longs left over from Friday night can simply be carried into next week
Trading advice: This is a historically low-liquidity moment. It’s risky, but for people like us who are seeking to cross class boundaries, it must be an opportunity. In this global backdrop of inflation in the West and deflationary pressure in the East, basically nobody is doing great, so capital has become timid and cautious. Various signs indicate that within the next two years, global capital will likely face a new round of major “reset and washout” moment. Protect your principal—and when this situation arrives, you’ll need to show the courage to go all-in!
#SEC收到灰度莱特币信托转ETF申请
On Saturday, the market basically moved like a looms’ motion; there was basically no fluctuation at all. With extreme contraction in volume, the market has reached an awkward situation where hardly anyone is trading—only liquidity market makers are casually sketching charts as if nothing’s happening;
1. The biggest shock this year is that Web3 funds have fully flowed into the US stock market, and the outflow was seamless. Even though there’s no large-scale transfer of capital on-chain, because tokenization in the US stock market itself solves the threshold for trading US stocks
2. DeFi infrastructure has advanced another step. To capture new users and CEX users, DEXs are generally more willing to throw money around and manufacture 100x/1,000x “miracle coins.” Even though 99.9% are eventually zero-return coins, compared with how increasingly regulated CEXs are today, these capital groups trying to forcibly loot are now constrained—they prefer DEXs that are basically without any moral or legal rules. So most of the new users over the past two years have mainly flowed into DEXs, forming a sort of self-contained cycle of “grading scores” to farm airdrops and then selling them off. What used to be opportunistic has become an industry-wide pattern over these past two years
3. The repeated and unpredictable Iran–US conflict has made global capital extremely risk-aware. Coupled with constant talk of interest-rate hikes, it’s a major obstacle for capital. This isn’t a lack of money in the market—it’s the risk-reward ratio that determines where funds prefer to go
BTC resistance levels: 87550/85165/75475/78425/71500
At this moment, the long positions you hold at 76700 and below can be kept as a “breakeven-loss-protection” lot and continue holding. As long as you don’t hit the breakeven-stop-loss, hold it into next week;
ETH resistance levels: 2750//2525/2400/2225/2100
Follow the BTC/big-breadth rhythm to enter the trade;
The SUI longs left over from Friday night can simply be carried into next week
Trading advice: This is a historically low-liquidity moment. It’s risky, but for people like us who are seeking to cross class boundaries, it must be an opportunity. In this global backdrop of inflation in the West and deflationary pressure in the East, basically nobody is doing great, so capital has become timid and cautious. Various signs indicate that within the next two years, global capital will likely face a new round of major “reset and washout” moment. Protect your principal—and when this situation arrives, you’ll need to show the courage to go all-in!
#SEC收到灰度莱特币信托转ETF申请
