Brothers, this is terrible. Something big happened in the crypto circle again. Yesterday, OK announced the suspension of user transactions and the withdrawal of the VASP license application. Hong Kong users can only withdraw coins after May 31st. Orders placed after the 31st will be canceled and the balance will be returned to your account. It seems that after Li Lin's failure, Boss Xu has also backed down. From now on, mainland players can only play this game secretly.
From this point of view, Binance is still awesome. CZ had the foresight to go overseas in advance to avoid risks. Although it was inevitably robbed, at least the business was saved. OK, after all this trouble, BNB should be able to rise again.

Fairy Zixia said: I guessed the beginning, but I couldn't guess the ending. And I guessed the ending yesterday, but I didn't guess the beginning. 批复前夕，巨鲸异动，多空双杀近在眼前？
Yesterday, I thought the market would pull up first and then drop it, but I didn’t expect it to drop to 3,600 points in an instant. More than 80 million US dollars of long orders were wiped out in one minute. Then after four o’clock in the morning, it rose to 3,900 again, wiping out all the short sellers. The process was slightly different, but the harvesting method was still the original formula and it still had a familiar taste.
In the end, the dog dealer is still more skilled. No wonder a fan in the community lamented today: In the crypto circle, you get fooled again and again, and every time you fool someone, you always have a new trick. You suffer losses again and again, and every loss brings a new experience.

Brothers, this is incredible. If the trend tonight is really as predicted by Tangren, it will be a thrilling and exciting show. Let's take a look at a picture below.

This is today's liquidation map. On it we can see that at the 4,000-point position, the short positions liquidated amounted to nearly 600 million US dollars, and at the 3,400-point position, the long positions liquidated amounted to about 1.8 billion US dollars.
According to the harvesting routine of the dog market over the years, this will definitely be a rare long and short double kill harvesting game. The previous ETF hot topics have already had their full effect, and the emotions of the leeks have been ignited. Under the condition that the ETF is likely to be approved, it is expected that the market will be pulled up to the 4,000 position.

Brothers, this is incredible! Tomorrow is the 23rd, the day for approval of the Yitai ETF19b-4. The result of the approval will undoubtedly have an important impact on the subsequent market conditions.
Although the approval of 19b-4 does not mean the final approval of the ETF, the issuer must still obtain approval of its S-1 application before the product can be traded.
However, 19b-4 is the first step to the success of the ETF. Only after this step is taken can the next step be possible. We all know that yesterday's strong 20% ​​surge was related to the news that the approval success rate soared from 25% to 75%.
But many people are still confused about the reason that forced the SEC to make a sudden 180-degree turn. According to foreign media reports, the most likely reason is political factors. A research report from Coinbase last Wednesday pointed out that the SEC's rejection of the Auntie ETF will consume Democratic Party capital and be detrimental to the election.

Brothers, this is incredible. Everyone was stunned when they woke up. The sudden attack by the concubine really made everyone drop their jaws. From the data of nearly 2.8 billion yuan and 57,500 people’s positions being liquidated, we can see that more than 90% of the short orders in the market last night became the fuel for the bull market.
Many brothers, at first, just wanted to open an ant warehouse for fun, but in the end they lost even their original capital. Alas, they originally wanted to make money by calling prostitutes, but now they have the intention of becoming prostitutes. It can't be said to be miserable.
There are those who lose money and those who make money. Because yesterday was 520, there were many people who were busy and drunk last night. They didn't have time to check the market and woke up to find that their accounts had increased by more than ten times. It would be great if they didn't win the prize.

Brothers, this is terrible, something big has happened again. Yesterday afternoon, the Iranian president and foreign minister died in a sudden plane crash in Azerbaijan. The situation in the Middle East is changing!
On the surface, it seems like an accident, but Iranian leader Khamenei has already announced that this incident was caused by Israel and that unprecedented measures will be taken against Israel.
The powder keg in the Middle East is about to be completely ignited, the struggle between major powers will intensify, the international situation will be turbulent, and the global economy will be seriously affected.
Some people may ask: What does the death of this president have to do with our crypto community? Haha, that’s superficial, right? Let me help you recall it.

Brothers, this is incredible. Bitcoin has broken above 67,000 and is about to launch an attack on the important 70,000 mark.
If I remember correctly, this is the fourth time that the market has attacked 70,000 in recent times. The first three times were on March 11, April 1 and 8, and all three attacks failed to effectively break through.
The result of failing to break through is that the market has fallen by more than 5,000 points. The market is sluggish and has entered a period of shock adjustment. What will be the outcome this time?
Without further ado, Tangren believes that the probability of breaking through 70,000 is very high. The first reason is that from the perspective of Bitcoin options, the volatility curve between the previous call options and the put options is slightly higher for the call options, which shows that investors are optimistic about the long-term prospects of Bitcoin.

Brothers, this is incredible. NOT launched bn and ok simultaneously last night, and its market value exceeded 1 billion US dollars after launch. 1 billion US dollars, that’s more than 7 billion RMB!
Many fans were eager to try it out and asked Tangren many times: Can this project be played?
Not is regarded as the Meme of the Ton ecosystem. It is backed by 900 million users on the Airplane platform. The gameplay is very simple. You can start mining by just clicking on the phone screen.
Because it is a new concept project of gamified mining, it has been favored by major exchanges since its launch. However, (pay attention, the turning point is coming!)
Let’s first look at its token distribution: 78% of the Not share tokens are allocated to miners and VCs, while the remaining 22% are used to attract new users, traders, and support online activities.

Bitcoin broke through 66,000, could it be a trap to buy more?
The market has surged by more than 5,000 points. Can I place a short order?
Bitcoin has already taken off, is the copycat sector about to surge?
Can I buy a certain coin? Will I be ripped off? I open a short position, and then it goes up again. I open a long position, and then it goes down again.
Whenever the market fluctuates, countless tangled questions will emerge in the fragile hearts of leeks. In fact, every tangled present comes from a careless past and will lead to a regrettable future.
Although the profits of the leeks are different, their experiences of loss are similar. They chase the rise and sell the fall, they blame others and complain about everything, and they are hesitant in their actions. In fact, being cut is not scary. What is scary is that they don’t reflect on themselves after being cut repeatedly. This is really scary.

Brothers, this is incredible. The CPI data for April has just been released. This set of data will have a very important impact on the subsequent market conditions. Let’s listen to Tangren’s story.
Last night's PPI data was not ideal, which really gave Tangren a cold sweat. The bearish market caused an instant sell-off. Fortunately, there were a large number of short orders above 62,000, which prevented the market from experiencing a large-scale correction in the end.
After that, Powell kept talking nonsense and still could not give a specific time for the interest rate cut. Although the PPI data once again lowered expectations, tonight's CPI data will be the watershed for the subsequent market.

Brothers, this week has been filled with big events. Let me report to you first:
Tuesday: The annual PPI rate for April was released, with the previous value being 2.1% and the forecast value being 2.2%. At 10 pm, Federal Reserve Chairman Powell and ECB board member Knott attended the meeting and delivered speeches.
Wednesday: April CPI data released, previous value 3.5%, forecast value 3.4%; (This is the most important macro event this week.)
Thursday: Federal Reserve Vice Chairman Jefferson speaks on the economy.
Friday: Cleveland Fed President Loretta Mester speaks on the economic outlook.
Friday: Atlanta Fed President Bostic speaks on the economic outlook.

Brothers, let me say this first. Tonight, the price of Bitcoin falls below 60,000. Don’t be afraid. Get on board and add to your position. I’ll post this as a proof. You will come back to thank me by the end of the year.
At 10 o'clock last night, DaPiaoli announced that the one-year inflation rate in May was 3.5%, which was 3.2% as expected and 3.2% as before. What does this data mean?
To put it simply, it is a big negative. If the inflation rate increases, people's purchasing power will be weakened, corporate turnover will be poor, the US dollar will depreciate, and monetary policy will be tightened.
So after the data came out last night, Federal Reserve's Bostik jumped out and said something like, roughly, the interest rate cut may have to be delayed, and that interest rates may have to be raised if necessary, and other nonsense like that.

Brothers, this is unbelievable. If you invest in a company and the company goes bankrupt two years later, the court asks you to get back your principal, and even gives you dividends, can you believe it?
That’s right, such magical things can only happen in the crypto world. Recently, there has been new progress in the FTX bankruptcy case. Creditors who have funds deposited in FTX will most likely get back their investment principal, and even be allocated a certain amount of dividends.
Why did this happen? It turns out that FTX held a large amount of SOL before it went bankrupt in 2022. At that time, the lowest price of SOL fell below 12 US dollars. The plummeting SOL was not enough to pay off FTX’s debts.

Brothers, this is incredible. A major positive news has emerged. If that man really does it, he will change the future trend of the bitcoin market and accelerate the bull market.
Just yesterday, former President Trump announced that he would "accept donations to the US presidential campaign in the form of cryptocurrencies" and vowed to eliminate people's "hostility" towards cryptocurrencies and provide a better regulatory environment for crypto companies and individuals.
At the same time, Trump did not forget to make a veiled comment on his competitor, saying, "Biden doesn't even know what cryptocurrency is. If you like cryptocurrency, you'd better vote for me."

The explosive news today is that Grayscale submitted an application to withdraw the Yitai Futures ETF. Many people don’t understand why they gave up on themselves when the SEC didn’t even reject it?
Actually, Grayscale cannot be blamed for this. The ETF has been applied for several years, but it has been delayed again and again without any clear answer. Instead of waiting passively without hope, it is better to retreat and look for the next outlet. Anyway, based on the data and news, the possibility of approval this year is very slim.
The reason why Da Piaoliang is so slow is largely due to the collapse of FTX. A large number of altcoins are suspected of "token securitization", which brings risks to the local financial market.

After the halving is completed in April, May is destined to be an important watershed in the direction of the market. Before the bull market enters the violent mode, it often needs to go through a volatile phase of repeated washing back and forth.
Yesterday's double explosion of long and short markets proved this point very well. First, they lured longs to buy and killed shorts, and then they smashed the market to take away longs, which directly confused both long and short parties in the contract market.
According to the data, the amount of liquidation in the past 24 hours was as high as 1.91 billion, and the number of liquidations was 47,000, which is another shocking number. In such a process of ups and downs, almost no one can escape.

Combined with the market trends after the first three halvings, the next plot is likely to be like this:
1. After the halving, the market is in an adjustment phase from April to May. The market is in a state of mind, fluctuating back and forth, and leverage explosions are the main themes of this phase. A large number of weak-willed investors must be washed out.
2. From mid-to-late June to July, the market will gradually enter a growth period, with a stable unilateral upward trend, and the main upward wave of the three-year bull market will officially break out.
3. After the beginning of August, the market entered the initial stage of explosion. With the continuous pull-up, a global consensus was formed. Whether it was retail investors or institutions, crazy fomo was quickly ignited.

It’s very simple. The leeks only pay attention to the rise and fall of the market but ignore the importance of position management.
I don't have much money on hand, so when I hear others say this one makes money, I buy it. When I see that something is good, I buy it.
After all the operations, he has dozens or even hundreds of currencies in his hands and can't even keep track of them all. Do you think he can avoid losing money?
Therefore, learning to manage your positions reasonably is the first step to making money.
Once you learn position management, it is difficult to lose money, because it is actually very simple to make money by speculating in cryptocurrencies.
Find a currency with potential, buy it at a low price, then hold it patiently and sell it at a high price.
As long as you are not greedy and keep your mind calm, making money is a safe thing.

If you think so, the dog dealer will lie in the arms of the young model, smiling while counting the bloody chips you handed over.
And I'm calling you an idiot!
Don’t think I’m exaggerating. It’s no exaggeration to say that since the beginning of this spring, the project team has made a lot of money!

You may not know that new coins like Merlin, ENA, and MSN are all projects created by this bunch of idiots in Shenzhen.
The process is a wave of publicity and promotion, and then you can continuously unlock and sell coins for U cash.
You are still dreaming of getting rich 100 or 1,000 times.
Those bastards over there are already driving luxury cars, hugging young models, and enjoying themselves around the world.