VWAP=Volume-Weighted Average Price=the average execution cost of all traders’ trades today. Price above VWAP=those who entered today are, on average, making money; below VWAP=they’re, on average, losing money. Institutions treat it as an important reference line. It’s simple to use: above VWAP is bullish, and breaking below is bearish.
💡 Current BTC $64,692, 24h +1.1%. Understanding these basics will definitely help your trading.
Choose projects that generate real income, buy when they are undervalued, and hold long-term. In the crypto market, changes are fast—so you need to track dynamically and review periodically.
💡 Current BTC $63,819, 24h +0.3%. Understanding these basics will definitely help your trading.
Per-trade loss should not exceed 2% of total funds. Position size = (total funds × 2%) ÷ (entry price − stop loss price). Take profit in batches—never turn a winning trade into a losing trade.
💡 Current BTC $63,945, 24h +0.6%. Understanding these basic concepts will definitely help your trading.
🔍 Zcash (ZEC) — A desperate counterattack by privacy coin veterans
Brothers, have you ever wondered: in the so-called “transparent” world of blockchain, your transfer records can actually be seen by anyone. That’s why Zcash exists—it's a truly private cryptocurrency that can make money “invisible.”
Let me tell you a gripping story. This past June 5th, a fatal vulnerability was exposed in Zcash’s Orchard privacy pool—attackers could potentially mint unlimited fake ZEC. The moment the news broke, ZEC crashed from $630 to $252, halving in a single day, and the market was in chaos and wailing. But then the plot twist hit: the team urgently patched it within 48 hours. After that, $ZEC rebounded more than 80% from the bottom, and it’s now holding around $440. Even more importantly, the Ironwood upgrade at the end of July will activate at block height 3,417,100, completely eliminating the security risks in the Orchard pool. It will introduce a brand-new Ironwood privacy pool, and—through the “Turnstile” gate mechanism—allow anyone to audit ZEC’s total supply. This is an unprecedented transparency promise in the privacy coin space.
Let’s talk about the team—this might be Zcash’s biggest moat. The project was founded by cryptography-punk veteran Zooko Wilcox. He worked with digital cash pioneer David Chaum back in 1996, and they were co-authors of the BLAKE2 hash function. The project was incubated by Electric Coin Company (ECC). At the end of 2025, Zooko handed the baton to Josh Swihart. In early 2026, the original ECC core team spun out independently to form the Zcash Open Development Lab (ZODL), and quickly secured over $25 million USD in funding from top-tier institutions like Paradigm, a16z Crypto, Coinbase Ventures, and Winklevoss Capital—you heard that right, money backed by the big shots who invested in Uniswap and Ethereum. This shows that “smart money” on Wall Street is still betting on the privacy track.
From the data side, ZEC currently has 16.79 million in circulating supply, a market cap of $7.4B, and $430 million in 24-hour trading volume (with Binance taking the largest share). The price action and volume look healthy. Since the Zodl wallet launched, it has processed over $600 million worth of ZEC exchanges. Usage of Zcash shielded pools has grown by more than 400%, suggesting that real users are increasing.
My take: in the short term, ZEC’s key catalyst is the Ironwood upgrade rolling out (before the end of July). That’s a deterministic catalyst event. If it can hold the $460–$470 prior neckline, it may push toward $530–$550. The risk is this: it can’t be confirmed whether the Orchard vulnerability has already been exploited. If large-scale theft/minting comes to light, sentiment could crash again. Also, privacy coins have always been a target of regulators, and policy risks across countries can’t be ignored. But if you agree that “privacy is the ultimate must-have demand of Web3,” then at $440, the odds are actually pretty good.
Not investment advice—do your own research. Follow me, and I’ll dig into a coin’s underbelly every day. 👋
FOMO, disposition effect (make a little profit and run, hold on to losses no matter what), and confirmation bias (only look at information that supports you) are the three major psychological traps. Plan your trades, and trade your plan.
💡 Current BTC $61,505, 24h +1.7%. Understanding these basics will definitely help your trading.
Hammer (lower shadow ≥ 2x the body, appearing after a decline = may indicate a bottom). Shooting Star (upper shadow ≥ 2x the body, appearing after a rise = may indicate a top). Wait for the next candlestick to confirm before entering.
💡 Current BTC $60,100, up +2.3% in 24h. Understanding these basics will definitely help your trading.
🔥 dYdX (DYDX) surges 35% overnight: Is the old DEX king coming back—or just a flash in the pan?
Bro, I woke up last night and looked at the chart—DYDX straight up to $0.215, up 35% in 24 hours. Trading volume hit $57 million, three to four times its usual pace. I blinked like I’d misread it. This long-established decentralized perpetual contracts exchange, the one that Hyperliquid had been grinding down, is it finally going to rise again?
Alright, let’s break down what dYdX really is, and whether this rally actually makes sense.
1. What is dYdX? In one sentence: a Binance-style contracts venue, but decentralized.
dYdX is an on-chain perpetual futures trading exchange. You can go long/short BTC, ETH, and more without depositing to a CEX—your wallet connects directly and your funds stay in your control. The v4 version moved to Cosmos, running on its own chain. The order book and matching engine are fully on-chain. With 200+ trading pairs and up to 25x leverage, it’s all about a professional trading experience. Total trading volume is close to $1.6 trillion—yes, trillion-level.
2. Is the founding team reliable?
Founder Antonio Juliano, a Princeton CS graduate, worked as a backend engineer at Coinbase and Uber. He founded dYdX in 2017. In May 2024, he stepped back to become Chairman, handing the CEO role to Ivo Crnkovic-Rubsamen, who also has a Princeton background. The team’s credentials are solid: top VCs like a16z, Paradigm, and Polychain invested around $87 million before and after. In DeFi circles, this is basically top-tier.
But let’s be honest: after Hyperliquid rose, dYdX’s daily activity and trading volume were crushed. Hyperliquid does $7 billion a day, while dYdX only does $100–300 million. Even in the community, people are discussing whether dYdX should move again—from Cosmos to Solana or Ethereum. The founder himself admitted that a “new direction” is needed.
3. The real reason behind this rally?
1. Volume and price move together—on June 23, the surge came with volume up 115%. This time it kept scaling and broke out on continued heavy volume. This isn’t fake volume pumped by “liquidity farming” crews—it’s real. 2. v5 updates—released in June, v5 brought new features that improved the trading experience. 3. Surge Season 15 event—BTC and BONK perpetuals with zero fees; if you lose, they reimburse part of it. A win-win-win situation for traders, so they naturally come back. 4. dYdX’s official X post teased a “big announcement”—saying it’s not just a feature update, not a new market, but an entirely new direction. The market loves this, and expectations are fully priced in.
4. My take
Short term: this rise with both volume and price increasing is genuinely buying strength. The $0.20 resistance level is already holding, and the next target is $0.25–$0.30. But there’s a big issue in the mid term: Hyperliquid’s liquidity “black hole” effect is too strong. If dYdX is only relying on incentive events to pull volume, once the incentives end, it could cool off again.
The key is what that “big announcement” actually is. If it’s migrating to a higher-performance chain, or launching a full-category DEX covering both spot and perps, then that would be a true game changer. If it’s just a new market or a minor optimization—then this 35% is simply an oversold bounce.
Position advice: take small size and trade one first—set a stop-loss at $0.18. Don’t go all-in out of hype; wait for the announcement before deciding whether to add. Remember: in the derivatives track of DeFi, being the #2 is the most dangerous spot.
The above is not investment advice—DYOR. Follow me and let’s wait together for the big dYdX news.