$BTC Well, looks like users in China may not be able to use contracts anymore. Contracts are being treated as the crime of operating a casino. China is stirring things up again—and this time it’s the Supreme People’s Procuratorate.
$WLD China is about to stir things up again. Shutting down futures trading is the right move and good for all retail investors—futures trading is like a casino. After cracking down on foot massage parlors, they’ll move on to cracking down on virtual currencies.
$BTC Every time spot holdings are pushed higher, they sell off. It looks like Coinbase has been helping the government offload all along. After all, the government is worried about the quantum threat too, and Musk has also emphasized the risk.
$WLD Once all the positive news is priced in, it becomes negative. Open interest across the market keeps declining, and trading volume is down 40%. Profit-taking is driving outflows, and longs are being squeezed, so the price is likely to pull back to $0.45–$0.48 next.
$BTC Russia is cracking down on BTC, and El Salvador is also taking action against BTC. AI also poses a major security threat to BTC. Why are governments all targeting BTC now? One reason is that they fear assets will be converted into BTC and then stolen by hackers, causing capital outflows. This is a threat governments have become aware of, and AI and quantum threats will become increasingly serious.
$WLD These foreign devils have started brainwashing everyone in the square. Even the strongest coins have to pull back, especially now that BTC’s security is facing threats from AI and major risks are emerging one after another. Justin Sun is very sensitive to the market. Looking back, whenever he made a move, the market was basically near its top. This time, he has also sensed the danger and turned bearish on BTC, so we should definitely be cautious. Before many people catch on, those who need to get out should get out.
$WLD WLD unlocks 2.9 million tokens every day, or 87 million a month. People are selling every day, and this rally has given them another chance to sell. People were already selling large amounts at 0.4, let alone at the current price.
$WLD The final wave of madness— a crash is coming. With BTC wallets being stolen nonstop and governments gradually liquidating seized assets, all cryptocurrencies are headed for a major crash.
$WLD After wiping out the short sellers for a while, it's time to wipe out the long sellers. Tomorrow it'll fall back to around 0.48. Today it's already following the rises but not the drops; tomorrow it'll follow the drops but not the rises.
$WLD 8000 BTC have been deposited into the exchange. They’re probably planning to pump the price, dump their holdings, and crash the market. All the other coins are going to suffer too.
$WLD is also part of the AI sector. NEAR and WLD have consistently maintained a 10x price ratio. Now that WLD is above $0.49, it will inevitably pull back and stabilize around $0.49.