【Trump states that XPR, SOL, and ADA will be included in cryptocurrency reserves】A certain insider trading group yesterday established a $120 million Ethereum long position and a $70 million Bitcoin long position with 50x leverage. A mere 2% price drop was enough to trigger the liquidation mechanism. As liquidation hung by a thread, Trump subsequently stepped in to make a statement, turning the tide. Is it little Trump calling for his dad?
Currently, the market sentiment in the United States is on the verge of extreme panic. AAI's sentiment survey shows that the proportion of bearish individuals in the market has risen to the seventh highest level in history. In this situation, the trend of U.S. Treasury prices is highly likely to have begun a reversal process. Generally speaking, market sentiment serves as a contrarian indicator. However, this time is quite special; the S&P index is less than 5% away from its historical high, while Buffett's cash holdings have surged to an all-time high. This undoubtedly sends a strong signal, as the saying goes, 'When Buffett is afraid, I am afraid.' At this moment, do not act rashly; wait for the momentum to end.
My friends, the Ethereum upgrade date has been officially announced, and it is scheduled for April 8! From a technical analysis point of view, the current daily RSI index has bottomed out and has entered the buying range, with considerable room for subsequent gains. The accuracy of the RSI index has always been well-known. According to experience, it is right to buy at a low price at this time. Usually the market will start more than a month before the upgrade, so I am looking forward to the trend in late February, and I believe there will be surprises! In addition, the altcoin market has also been very active recently. Friends who want to invest in small currencies can focus on storj, api3 and agld, and maybe they can catch the next wave of wealth codes! #EthereumUpgrade##RSIIndex##AltcoinOpportunity#
The essence of trading is 'sticking to the fundamentals while being innovative'! The larger the capital, the heavier the focus on fundamentals should be; just target the top 3 by market cap. As for those knockoffs, it doesn't really matter whether they succeed or not, because they hardly contribute anything significant for large capital. However, if the capital is relatively small, being innovative by investing in some knockoff products, like the few fan tokens I mentioned yesterday, can be worthwhile. After all, for smaller capital, there is still operational space and significance in knockoff products. #Trading Insights#
Ethereum is in the repair zone after breaking and pulling back this week, and is still supported by the large rising lower rail. Today, the Ethereum Foundation officially announced that the Pectra network upgrade plan will be launched on the test network. Test network schedule: The Pectra upgrade will be launched on the Holesky test network at 05:55 Beijing time on February 25, and will be activated on the Sepolia test network at 15:29 on March 5. Core content of the upgrade: Through EIP-7702, the account abstraction function is realized. Users can use a variety of tokens to pay transaction fees, lowering the threshold for wallet operations; EIP-7251 increases the upper limit of a single validator's staking from 32ETH to 2048ETH, simplifying node management and enhancing network decentralization; optimize the underlying protocol to improve the compatibility of Layer2 solutions and reduce the risk of on-chain congestion. $ETH #以太坊坎昆升级
Family, I've found several treasure coins that can currently be entered at swing trading! $SANTOS $PORTO $LAZIO bar, currently at the bottom, small market cap and low price, with a lot of upward potential, has the lineage of meme coins and an independent speculation cycle. Importantly, from the perspective of project compliance and the resources behind it, it is unlikely to be delisted by Binance. However, the cryptocurrency market is risky, this is just my personal discovery and analysis, please invest cautiously, and you bear the gains and losses. If you're interested, you can research further on your own.
Recently, Trump signed a series of pardons, including one for the Silk Road founder related to cryptocurrency. This has led some people to discuss whether FTX founder Sam has a chance of being pardoned. Below are my thoughts. Conclusion: There is a possibility that FTX founder Sam Bankman-Fried could be pardoned by Trump, but it is very small for the following reasons: 1. Nature of the crime and Trump's stance: The FTX founder is involved in serious financial crimes such as fraud and conspiracy to commit money laundering, causing massive losses to numerous investors. Trump's previous pardons have mostly been for individuals related to the 'Capitol riot', or for people like Ross Ulbricht, the founder of 'Silk Road', who some supporters believe received an excessively harsh sentence and whose case has a certain special connection to the development of cryptocurrency. In contrast, the nature of the FTX founder's crimes lacks a fitting point for a pardon from Trump's perspective.
Cash Out Safety Series Issue 1: Uncle Hat's Overseas Fishing, Challenging Your Subjective Awareness [Original]
Speaking of cashing out safety, there are too many nuances involved. I am preparing a series of posts on cashing out, after all, everyone made money during the bull market, and safely withdrawing profits to support household expenses is the most practical. If you find this post useful, please follow and like. Currently, there is no absolute safety in cashing out. The fishing activities of Uncle Hat are no longer industry secrets, especially with problematic funding sources. Even if the funds have gone through four or five levels before reaching your account, as long as there is a connection, Uncle Hat can come knocking. Generally, they won't come to your door, but will freeze your account for a long time, waiting for you to proactively seek unfreezing, after which they will ask you to refund. If Uncle Hat actively comes to find you, the most detailed questions will be about your subjective awareness. Subjective awareness means you knowingly recognize that there is a problem with the funding source, involving gray and black industries, online gambling, fraud, etc. This is not something you can claim ignorance about. If it is determined that you were aware, there is a risk of being taken away. Of course, the big players generally choose to compromise and settle. However, some people opt to resist, and then it becomes important to see if your method of cashing out involves subjective awareness; everyone can identify with this.
Web3 Socialfi projects are springing up, and COS is firmly in the leading position in the same track
Speaking of socialfi projects, there are really many in the past two years, but due to the limitations of the token's economic model, reward mechanism, creator incentives and other aspects, they are basically hyped for a while and then extinguished. COS is not just making a social networking tool, but is creating the ultimate socialfi ecosystem. By using social tools as a portal to open the channel from web2 to web3, attract web2 users, empower web3, and become a positive cycle, the COS coin price, user volume, and exposure rate can become a spiral increase. #COS开启SocialFi新时代
Let me talk about my understanding of the positive cycle of ecology, which is the mature web2 operation mode + the decentralized characteristics of web3. The mature Xiaohongshu, tiktok, Douyu, Bilibili, etc. in web2. For example, invite existing tiktok big V bloggers to settle in the platform, and attract web2 users by publishing content videos and likes and comments, and then open a VIP tunnel. Add to the blogger's private video or content, increase airdrops, AMA, quiz, etc., and the content creation is not limited to crypto, but can be culture, life, education, technology, military, etc. from all over the world. Of course, in order to stimulate the quality and enthusiasm of content creation, it is necessary to incentivize the content. If you reach a large-scale level of views, you can have token rewards. If you need to increase the exposure of your own works, you can expand the playback volume with $COS tokens and introduce the next level of user pool. In this way, a positive cycle of COS token economics is established. At present, the tokens of other socialfi projects have spiraled down after they are launched, which is also the basis for COS to achieve a breakthrough and sit firmly in the leading position of the same level track.
The prototype of the meme originator doge is a Shiba Inu named Kabosu. Kabosu's owner also has a cat named $ginnan. $neiro, which is launched on Binance, is the new dog adopted by his owner after Kabosu's death. In short, $ginnan is the cat sister of Kabosu and $neiro. If Neiro flies, he will take Ginnan with him.
The next meme golden dog is $wdog. It has no official website or official community. KOLs continue to join. It holds 11,000 coins and has remained in the top 5 of dexttools for several consecutive days. If you don’t believe it, you can post a tweet about wdog to see how many likes and attention you can get.
The current cycle trend is that BTC's dominance is declining, while altcoins are repriced. There are two very obvious winners in this cycle, sol and meme. Future market capitalization share expectations: BTC-40%, ETH-15%, SOL-15%, MEME-10%, stablecoins + others-20%, and the total market capitalization of cryptocurrencies in this round reaches 10 trillion US dollars. Therefore, both absolutely and relatively, the biggest opportunity lies in the field of sol+memes. #sol##wif##bonk##popcat##selfie#
●Market capitalization share at the peak of the 2021 cycle Bitcoin -40% ETH -20% DOGE+SHIB -6% (mainly meme) ●At the stage we are currently in, the market capitalization share is BTC -56% ETH -18% SOL -3% The entire MEME part -2% ●The question is: where is the growth point?
Trump has been very supportive of cryptocurrencies from a series of recent performances, even exceeding market expectations. This attitude will be followed by candidates in the United States and other countries, because it can capture voters in the crypto field, so it is foreseeable that Ethereum ETH will have to be approved, and the U.S. Securities and Exchange Commission SEC is only in a passive dominant position. Now large foreign institutions, mainly banks and financial institutions, are actively supporting cryptocurrencies, and they can charge commissions. Overall, the situation of cryptocurrencies looks good, and the bull market will last longer and reach higher heights.
In the early hours of this morning Beijing time, the US SEC approved multiple Ethereum spot ETF 19b-4 forms, including those from BlackRock and Fidelity, which are almost the same as the Bitcoin spot ETF. The specific listing will be in a few weeks. This means that traditional funds will be able to allocate ETH like stocks. BTC allocation represents optimism about new crypto finance, and ETH allocation represents optimism about the entire Web3. Behind all this is the will of Wall Street, which continues to inject positive energy into the cryptocurrency circle.
Trump accepts cryptocurrency donations, the chance to win big with a small investment is here again
Brothers who follow me know that I am a niche blogger, only providing opinions and logical points to stimulate discussion. If this studio comes in, there will be no chance. Brothers who see this, just follow me. Let's get straight to the point. Trump officially began to accept cryptocurrency donations, supporting $BTC , $ETH , $SOL , USDC, XRP, DOGE, ZRX, SHIB. Friends who saw this news probably want to support the cryptocurrency market if they have coins, and support the person if they don't have coins. Let me share my opinion. The word "donation" is a magical word in the cryptocurrency circle. Previously, gitcoin and giveth were all platforms that focused on web3 donations and helped incubate projects. Originally, it was a donation without asking for anything in return, but later it was used for various small donations to airdrop projects. Trump was originally quite friendly to cryptocurrencies. This time, he accepted donations. Regardless of whether he can win in the end, when he lobbies various states, there will definitely be cryptocurrency projects that want to take advantage of his popularity, probably mainly memes. The first step in making memes is to airdrop to increase the number of currency holding addresses. If you are a web3 project and want to take advantage of Trump's traffic and popularity, the first thing you think of is to airdrop to his donors, and the on-chain data is transparent, so you can directly airdrop to these addresses without anyone's consent.
[May 17th Option Delivery Data] 18,000 BTC options are about to expire, with a Put Call Ratio of 0.63, a maximum pain point of $63,000, and a nominal value of $1.2 billion. 320,000 ETH options are about to expire, with a Put Call Ratio of 0.28, a maximum pain point of $3,000, and a nominal value of $930 million. This week, stimulated by the Meme trend in the US stock market, BTC ETF also received significant capital inflows, and BTC rose sharply to break through $65,000, but the crypto market outside the Meme was relatively weak, and the trading volume continued to fall. The divergence of BTC and ETH option data can reflect this. From the perspective of block trading and market trading structure, the IV decline trend of major terms has ended and entered a sideways trend, and there is currently little room for decline. BTC longs and shorts are relatively balanced, while the weakness of ETH currency prices has led to a continuous weakening of market confidence, and selling bullish has become the absolute main transaction. The seller's cost-effectiveness is average under the current IV, and it would be a better choice to buy at the right time. It is recommended to pay attention to the ETH BTC exchange rate pair transaction.
The U.S. unadjusted CPI annual rate in April was 3.4%, in line with expectations. The volatility of future data will become smaller and smaller, as can be seen from the reaction of U.S. stocks. Both bad news and good news are basically fine.
The US PPI exceeded expectations, and the Nasdaq still rose 0.75% last night to a record closing high, indicating that the data has no impact, but the cryptocurrency market is still in a weak adjustment pattern. Looking back at the similar trends of the Nasdaq in recent years, the probability of going straight to a new high and not looking back is only about 20%. I think it is still mostly garbage time recently, and it is suitable for some absolute bottom-track varieties to enter the market in batches.