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Will Dogecoin reach $1? DOGE has come close before. Two years ago, at the height of the Bitcoin bull run, Dogecoin hit an all-time high of $0.7316. However, there are reasons to believe that this was significantly overvalued in the market. Since then, Dogecoin has depreciated significantly, while Bitcoin hit a new all-time high this year. To push the asset to $1, either another bull run or a new use for Dogecoin is needed. Regarding the former, many analysts say that a bull run is imminent due to Bitcoin completing its fourth quadrennial halving. The halving is a predetermined software update that takes place on April 20th and cuts the mining reward in half. Since this has caused a bottleneck in the number of Bitcoins entering the market, a new bull run may occur in the coming months. Others believe that this halving has been fully anticipated by the market. In terms of the underlying technology, Dogecoin is quite old. Like Bitcoin, it uses a proof-of-work consensus mechanism, where miners with the most computing and power resources mine the most DOGE. Due to Dogecoin's smart contract limitations, it also cannot really boast an ecosystem. This means that among responsible investors, Dogecoin is likely to be left behind by more useful or energy-efficient coins like Shiba Inu (SHIB), Dogecoin20 (DOGE20), and Dogeverse (DOGEVERSE). What about frogs and sloths? Pepecoin (PEPE) is the world's third-largest meme coin. Like Dogecoin, it is based on a meme that everyone and their grandmother has heard of. However, its $3.4 billion market cap still pales in comparison to Dogecoin and Shiba Inu. At today's price of $0.058114 and its previous all-time high of $0.00001064, there is absolutely no way PEPE is headed for $1. However, one project that could potentially reach $1 is the sloth-themed Slerf coin (SLERF). Slerf has an interesting story. On launch day, a major mishap resulted in the accidental burn of $10 million worth of SLERF, which was meant for 25,000 trusted pre-sale buyers. Soon after its launch, Slerf’s market cap reached an all-time high (ATH) of $750 million and surpassed the American red-necked seal Sealana (SEAL) within a few hours.The token actually rose from a launch price of $1.10 to an all-time high of $1.28 before falling to current levels as 24-hour trading volume surged to nearly $2.5 billion. Still, at its current price, Slerf is more likely to reach $1 than Dogecoin. But it is currently receiving stiff competition from Slothana, a new sloth meme token that is about to launch. SLOTH is of the same species as SLERF, but with one key difference. He is a cannabis enthusiast and is likely to be popular with like-minded slow animals.
Will Dogecoin reach $1?
DOGE has come close before. Two years ago, at the height of the Bitcoin bull run, Dogecoin hit an all-time high of $0.7316. However, there are reasons to believe that this was significantly overvalued in the market. Since then, Dogecoin has depreciated significantly, while Bitcoin hit a new all-time high this year.
To push the asset to $1, either another bull run or a new use for Dogecoin is needed. Regarding the former, many analysts say that a bull run is imminent due to Bitcoin completing its fourth quadrennial halving.
The halving is a predetermined software update that takes place on April 20th and cuts the mining reward in half. Since this has caused a bottleneck in the number of Bitcoins entering the market, a new bull run may occur in the coming months. Others believe that this halving has been fully anticipated by the market.
In terms of the underlying technology, Dogecoin is quite old. Like Bitcoin, it uses a proof-of-work consensus mechanism, where miners with the most computing and power resources mine the most DOGE. Due to Dogecoin's smart contract limitations, it also cannot really boast an ecosystem.
This means that among responsible investors, Dogecoin is likely to be left behind by more useful or energy-efficient coins like Shiba Inu (SHIB), Dogecoin20 (DOGE20), and Dogeverse (DOGEVERSE).
What about frogs and sloths?
Pepecoin (PEPE) is the world's third-largest meme coin. Like Dogecoin, it is based on a meme that everyone and their grandmother has heard of. However, its $3.4 billion market cap still pales in comparison to Dogecoin and Shiba Inu.
At today's price of $0.058114 and its previous all-time high of $0.00001064, there is absolutely no way PEPE is headed for $1.
However, one project that could potentially reach $1 is the sloth-themed Slerf coin (SLERF). Slerf has an interesting story. On launch day, a major mishap resulted in the accidental burn of $10 million worth of SLERF, which was meant for 25,000 trusted pre-sale buyers.
Soon after its launch, Slerf’s market cap reached an all-time high (ATH) of $750 million and surpassed the American red-necked seal Sealana (SEAL) within a few hours.The token actually rose from a launch price of $1.10 to an all-time high of $1.28 before falling to current levels as 24-hour trading volume surged to nearly $2.5 billion. Still, at its current price, Slerf is more likely to reach $1 than Dogecoin.
But it is currently receiving stiff competition from Slothana, a new sloth meme token that is about to launch. SLOTH is of the same species as SLERF, but with one key difference. He is a cannabis enthusiast and is likely to be popular with like-minded slow animals.
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Don’t rush to buy at the bottom!!! The Mentougou incident has not yet been compensated. The liquidation of 140,000 BTC will cause Bitcoin to plummet againI guess many newbies have forgotten about this incident and are ready to do it again! Mt.Gox, once the world's largest Bitcoin exchange, was hacked in 2014 and 850,000 Bitcoins (worth about $460 million at the time) were stolen. Now, 10 years later, compensation is gradually being paid. After several postponements and lawsuits, the Mt. Gox theft has finally entered the compensation phase, and its creditors are expected to receive the first repayments by the end of this year. In the past 10 years, the soaring price of Bitcoin has also forced Mt. Gox creditors to receive a considerable amount of "unexpected income" after years of "passive lock-up".

Don’t rush to buy at the bottom!!! The Mentougou incident has not yet been compensated. The liquidation of 140,000 BTC will cause Bitcoin to plummet again

I guess many newbies have forgotten about this incident and are ready to do it again!
Mt.Gox, once the world's largest Bitcoin exchange, was hacked in 2014 and 850,000 Bitcoins (worth about $460 million at the time) were stolen. Now, 10 years later, compensation is gradually being paid.
After several postponements and lawsuits, the Mt. Gox theft has finally entered the compensation phase, and its creditors are expected to receive the first repayments by the end of this year. In the past 10 years, the soaring price of Bitcoin has also forced Mt. Gox creditors to receive a considerable amount of "unexpected income" after years of "passive lock-up".
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The number of global cryptocurrency holders will reach 562 million in 2024, a year-on-year increase of 34%. According to the report "Global Cryptocurrency Ownership Status in 2024" released by Triple-A, a Singapore-based payment company, on May 31, the global digital currency user base will reach 562 million (6.8% of the world's population) in 2024, a 34% increase from 420 million in 2023. 34% of cryptocurrency holders are between 24 and 35 years old, the largest proportion among all age groups. The UAE, Singapore and Turkey are among the 30 economies with the highest cryptocurrency ownership rates. Asia maintains its lead in cryptocurrency holdings, increasing from 268.2 million to 326.8 million, followed by North America with 72.2 million.
The number of global cryptocurrency holders will reach 562 million in 2024, a year-on-year increase of 34%. According to the report "Global Cryptocurrency Ownership Status in 2024" released by Triple-A, a Singapore-based payment company, on May 31, the global digital currency user base will reach 562 million (6.8% of the world's population) in 2024, a 34% increase from 420 million in 2023. 34% of cryptocurrency holders are between 24 and 35 years old, the largest proportion among all age groups. The UAE, Singapore and Turkey are among the 30 economies with the highest cryptocurrency ownership rates. Asia maintains its lead in cryptocurrency holdings, increasing from 268.2 million to 326.8 million, followed by North America with 72.2 million.
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May has passed, June has come, and half of the 24 years have passed unknowingly. We can reflect and summarize our investment process in the cryptocurrency circle. How has the profit and loss been in the past six months? Profit means what we did right. We will continue to improve what we did right in the next few days, continue to maintain the correct operation direction, and ensure that we can get better results in the future. What if it is a loss? The loss here depends on whether you have a real loss or a temporary floating loss? There is an essential difference between the two. The floating loss is only displayed in your account. There will be two subsequent results. If the currency you choose is high-quality and may explode in the future, then in the subsequent bull market, you can escape the top and cash out in time before the end of the bull market, or you can turn losses into profits. At present, it is just a floating loss. And what is the real loss? For example: you have 100,000 yuan of capital and enter the market with all your money. Whether you buy one or several currencies, you may have to sell at a loss because of the wrong entry timing, poor position management, poor asset allocation, and no risk control. Now you only have 50,000 yuan of capital left because of the decline in the market. This is a real loss. As long as this operation goes through two waves, then this bull market may not be a question of how much you want to earn, but whether you can get your money back. If you cut it in half twice, if we want to get our money back, we need to increase it four times. For this situation, we need to reflect and summarize deeply. Only when we reflect and summarize where the core problem lies and solve it effectively, can we avoid making mistakes in the subsequent trading process, which can reduce the probability of continuing to lose money and greatly increase the probability of making money. There is no god in the financial market. If we want to surpass the people around us, we need to continue to learn, improve our cognition and vision, and master professional skills. Since we have embarked on the road of cryptocurrency investment and understood the future dividend trend of the cryptocurrency circle, we should not waste time and energy. Drinking, playing cards, bragging, shopping, watching videos, and playing games will only waste our time and energy. The most realistic thing for adults is to use this time to continuously improve their abilities and study more about how to make money.  We must be willing to spend money and pay for learning, because our personal abilities, cognition and professional skills are limited, and we don’t understand many things. We can only avoid detours by learning more.  Really wise people pay others to learn, saving a lot of time and cost of self-exploration and trial and error.  There are thousands of reasons why we lose money in the currency circle, but those who can make long-term stable and continuous profits must be similar, because the logic and rules behind them are the same. In order to make our investment in the currency circle smoother, what reason do we have not to shorten our journey and learn from the experience of those who have already walked and got results in this circle?  The key lies in everyone's cognition.  Cognition is not a brainwash or empty talk. Cognition determines our daily behavior, and behavior can bring the final result, that's all.
May has passed, June has come, and half of the 24 years have passed unknowingly.

We can reflect and summarize our investment process in the cryptocurrency circle.

How has the profit and loss been in the past six months?

Profit means what we did right. We will continue to improve what we did right in the next few days, continue to maintain the correct operation direction, and ensure that we can get better results in the future.

What if it is a loss? The loss here depends on whether you have a real loss or a temporary floating loss?

There is an essential difference between the two. The floating loss is only displayed in your account. There will be two subsequent results. If the currency you choose is high-quality and may explode in the future, then in the subsequent bull market, you can escape the top and cash out in time before the end of the bull market, or you can turn losses into profits. At present, it is just a floating loss.

And what is the real loss?
For example: you have 100,000 yuan of capital and enter the market with all your money. Whether you buy one or several currencies, you may have to sell at a loss because of the wrong entry timing, poor position management, poor asset allocation, and no risk control. Now you only have 50,000 yuan of capital left because of the decline in the market. This is a real loss.

As long as this operation goes through two waves, then this bull market may not be a question of how much you want to earn, but whether you can get your money back. If you cut it in half twice, if we want to get our money back, we need to increase it four times.

For this situation, we need to reflect and summarize deeply. Only when we reflect and summarize where the core problem lies and solve it effectively, can we avoid making mistakes in the subsequent trading process, which can reduce the probability of continuing to lose money and greatly increase the probability of making money.

There is no god in the financial market. If we want to surpass the people around us, we need to continue to learn, improve our cognition and vision, and master professional skills.

Since we have embarked on the road of cryptocurrency investment and understood the future dividend trend of the cryptocurrency circle, we should not waste time and energy.
Drinking, playing cards, bragging, shopping, watching videos, and playing games will only waste our time and energy. The most realistic thing for adults is to use this time to continuously improve their abilities and study more about how to make money.
 We must be willing to spend money and pay for learning, because our personal abilities, cognition and professional skills are limited, and we don’t understand many things. We can only avoid detours by learning more.
 Really wise people pay others to learn, saving a lot of time and cost of self-exploration and trial and error.
 There are thousands of reasons why we lose money in the currency circle, but those who can make long-term stable and continuous profits must be similar, because the logic and rules behind them are the same.
In order to make our investment in the currency circle smoother, what reason do we have not to shorten our journey and learn from the experience of those who have already walked and got results in this circle?
 The key lies in everyone's cognition.
 Cognition is not a brainwash or empty talk. Cognition determines our daily behavior, and behavior can bring the final result, that's all.
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在加密行业中,市场热门事件往往容易成为炒作的热点,近期由于受美国大选影响,一些相关概念代币大涨。那么,Meme炒作之后,下一个值得关注的炒作赛道会是什么呢? 据悉,欧洲杯将在6月14日-7月14日举办,美洲杯将在6月29日-7月21日举办,现在离这两大赛事已经很近,预计粉丝类代币将大受欢迎。那么,都有哪些值得关注的龙头代币和粉丝代币呢? 欧洲杯举办在即,粉丝代币龙头CHZ或将继续强势上涨 值得关注的粉丝代币都有哪些 SANTOS:Santos FC Fan Token 是基于 BSC 的桑托斯足球俱乐部粉丝代币,其中桑托斯足球俱乐部是巴西知名球队,是足球历史上首队亦是唯一一队射入超过 10, 000 球的球队,在 X 上拥有超 310 万粉丝。 BAR:FC Barcelona Fan Token 是西班牙球队巴塞罗那的粉丝代币,持有者有权参与和俱乐部相关的各种活动和奖品。巴萨是西班牙赢得最多冠军奖杯的俱乐部,至今共赢得了 5 次欧冠冠军、 27 次西甲冠军、 3 次世俱杯冠军和 31 次国王杯冠军,曾以 50 亿美元的商业价值入选福布斯 2022 年全球最有价值的 50 支体育球队第 15 名,还以 6.382 亿欧元的年收入在 2023 年的德勤足球财富榜中排名第 7 位。 PSG:Paris Saint-Germain Fan Token 是巴黎圣日耳曼足球俱乐部粉丝代币,在近期成为首个 Chiliz Chain 节点验证者,并承诺将其 100% 应计收入回购 PSG 球迷代币。巴黎圣日耳曼共夺得 11 次法甲冠军、 14 次法国杯冠军和 9 次法国联赛杯冠军等荣誉。 LAZIO:Lazio Fan Token 是基于 BSC 发行的拉齐奥足球俱乐部粉丝代币,也是 Binance Launchpad 项目。拉齐奥史上曾夺得 2 个意甲联赛冠军、 7 个意大利杯冠军和 5 个意大利超级杯冠军等多项荣誉。 CITY:Manchester City Fan Token 是曼彻斯特城足球俱乐部的粉丝代币,旨在与球迷之间建立更深的联系。城队史上一共赢得 9 次英格兰顶级联赛冠军、 7 次足总杯冠军和 9 次联赛杯冠军等,也是英格兰史上第二队欧洲三冠王,曾当选 2023 环足奖年度最佳男足俱乐部。 PORTO:FC Porto Fan Token 是通过 Binance Launchpad 发行的葡萄牙著名足球俱乐部波尔图的粉丝代币,可为粉丝和代币持有者提供独家体验和特权。波尔图是首两届葡萄牙甲级联赛的盟主,曾横扫多届联赛冠军,共夺得过两届欧洲冠军联赛冠军。值得一提的是,足坛巨星 C 罗将跟随葡萄牙队征战欧洲杯。 INTER:Inter Milan Fan Token 是基于 Chiliz 发行的国际米兰足球俱乐部粉丝代币,可用于购买门票和商品等服务。国际米兰足球俱乐部史上共获 19 次顶级联赛冠军、 9 次意大利杯冠军和 7 次意大利超级杯冠军等,是意大利足球史上首支也是唯一一支“三冠王”球队,和 AC 米兰和尤文图斯两支球队并称“北方三强”。 GAL:Galatasaray Fan Token 是基于 Chiliz 上的加拉塔萨雷体育俱乐部粉丝代币,该队至今已夺得 15 次顶级联赛冠军、欧洲联盟杯及欧洲超级杯,并保有 24 场国内联赛连胜的世界纪录。 JUV:Juventus Fan Token 是尤文图斯足球俱乐部和 Chiliz 合作推出的粉丝代币。作为历史上首个实现三大杯)“大满贯”的俱乐部,尤文图斯足球俱乐部共夺得 36 个意大利甲级联赛冠军,是夺得意甲冠军最多的球队。 AFC:Arsenal Fan Token 是阿森纳足球俱乐部粉丝代币,该队被称为“枪手”,曾赢得 13 次顶级联赛冠军和 14 次足总杯冠军等。 ACM:AC Milan Fan Token 是意大利足球俱乐部 AC 米兰与 Chiliz 合作发行的粉丝代币。作为全球获得主要洲际和大洲俱乐部赛事冠军最多的球队,AC 米兰获得包括 7 次欧洲冠军杯冠军、 5 次欧洲超级杯冠军、 2 次欧洲优胜者杯冠军和 4 次洲际杯和世俱杯冠军。 ASR:AS Roma Fan Token 是基于 Chiliz Chain 的罗马足球俱乐部粉丝代币,允许粉丝有机会参与俱乐部决策及获得奖励等,该俱乐部历史上共夺得 3 次意甲联赛冠军。 ARG:Argentine Football Association Fan Token 是阿根廷足协在 Chiliz 上发行的粉丝代币。阿根廷是公认的“足球王国”,曾获得 3 次世界杯冠军以及 15 次美洲杯足球赛冠军。 在加密行业中,市场热门事件很容易激发出市场情绪,伴随近期MEME代币炒作爆火,很多巨鲸已陆续出货。考虑到欧洲杯和美洲杯赛事临近,粉丝代币或是下一个最值得关注的赛道。
在加密行业中,市场热门事件往往容易成为炒作的热点,近期由于受美国大选影响,一些相关概念代币大涨。那么,Meme炒作之后,下一个值得关注的炒作赛道会是什么呢?
据悉,欧洲杯将在6月14日-7月14日举办,美洲杯将在6月29日-7月21日举办,现在离这两大赛事已经很近,预计粉丝类代币将大受欢迎。那么,都有哪些值得关注的龙头代币和粉丝代币呢?
欧洲杯举办在即,粉丝代币龙头CHZ或将继续强势上涨
值得关注的粉丝代币都有哪些
SANTOS:Santos FC Fan Token 是基于 BSC 的桑托斯足球俱乐部粉丝代币,其中桑托斯足球俱乐部是巴西知名球队,是足球历史上首队亦是唯一一队射入超过 10, 000 球的球队,在 X 上拥有超 310 万粉丝。
BAR:FC Barcelona Fan Token 是西班牙球队巴塞罗那的粉丝代币,持有者有权参与和俱乐部相关的各种活动和奖品。巴萨是西班牙赢得最多冠军奖杯的俱乐部,至今共赢得了 5 次欧冠冠军、 27 次西甲冠军、 3 次世俱杯冠军和 31 次国王杯冠军,曾以 50 亿美元的商业价值入选福布斯 2022 年全球最有价值的 50 支体育球队第 15 名,还以 6.382 亿欧元的年收入在 2023 年的德勤足球财富榜中排名第 7 位。
PSG:Paris Saint-Germain Fan Token 是巴黎圣日耳曼足球俱乐部粉丝代币,在近期成为首个 Chiliz Chain 节点验证者,并承诺将其 100% 应计收入回购 PSG 球迷代币。巴黎圣日耳曼共夺得 11 次法甲冠军、 14 次法国杯冠军和 9 次法国联赛杯冠军等荣誉。
LAZIO:Lazio Fan Token 是基于 BSC 发行的拉齐奥足球俱乐部粉丝代币,也是 Binance Launchpad 项目。拉齐奥史上曾夺得 2 个意甲联赛冠军、 7 个意大利杯冠军和 5 个意大利超级杯冠军等多项荣誉。
CITY:Manchester City Fan Token 是曼彻斯特城足球俱乐部的粉丝代币,旨在与球迷之间建立更深的联系。城队史上一共赢得 9 次英格兰顶级联赛冠军、 7 次足总杯冠军和 9 次联赛杯冠军等,也是英格兰史上第二队欧洲三冠王,曾当选 2023 环足奖年度最佳男足俱乐部。
PORTO:FC Porto Fan Token 是通过 Binance Launchpad 发行的葡萄牙著名足球俱乐部波尔图的粉丝代币,可为粉丝和代币持有者提供独家体验和特权。波尔图是首两届葡萄牙甲级联赛的盟主,曾横扫多届联赛冠军,共夺得过两届欧洲冠军联赛冠军。值得一提的是,足坛巨星 C 罗将跟随葡萄牙队征战欧洲杯。
INTER:Inter Milan Fan Token 是基于 Chiliz 发行的国际米兰足球俱乐部粉丝代币,可用于购买门票和商品等服务。国际米兰足球俱乐部史上共获 19 次顶级联赛冠军、 9 次意大利杯冠军和 7 次意大利超级杯冠军等,是意大利足球史上首支也是唯一一支“三冠王”球队,和 AC 米兰和尤文图斯两支球队并称“北方三强”。
GAL:Galatasaray Fan Token 是基于 Chiliz 上的加拉塔萨雷体育俱乐部粉丝代币,该队至今已夺得 15 次顶级联赛冠军、欧洲联盟杯及欧洲超级杯,并保有 24 场国内联赛连胜的世界纪录。
JUV:Juventus Fan Token 是尤文图斯足球俱乐部和 Chiliz 合作推出的粉丝代币。作为历史上首个实现三大杯)“大满贯”的俱乐部,尤文图斯足球俱乐部共夺得 36 个意大利甲级联赛冠军,是夺得意甲冠军最多的球队。
AFC:Arsenal Fan Token 是阿森纳足球俱乐部粉丝代币,该队被称为“枪手”,曾赢得 13 次顶级联赛冠军和 14 次足总杯冠军等。
ACM:AC Milan Fan Token 是意大利足球俱乐部 AC 米兰与 Chiliz 合作发行的粉丝代币。作为全球获得主要洲际和大洲俱乐部赛事冠军最多的球队,AC 米兰获得包括 7 次欧洲冠军杯冠军、 5 次欧洲超级杯冠军、 2 次欧洲优胜者杯冠军和 4 次洲际杯和世俱杯冠军。
ASR:AS Roma Fan Token 是基于 Chiliz Chain 的罗马足球俱乐部粉丝代币,允许粉丝有机会参与俱乐部决策及获得奖励等,该俱乐部历史上共夺得 3 次意甲联赛冠军。
ARG:Argentine Football Association Fan Token 是阿根廷足协在 Chiliz 上发行的粉丝代币。阿根廷是公认的“足球王国”,曾获得 3 次世界杯冠军以及 15 次美洲杯足球赛冠军。
在加密行业中,市场热门事件很容易激发出市场情绪,伴随近期MEME代币炒作爆火,很多巨鲸已陆续出货。考虑到欧洲杯和美洲杯赛事临近,粉丝代币或是下一个最值得关注的赛道。
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$8.2 billion in Bitcoin and Ethereum options expire, what impact will it have on the marketOn May 31, 69,000 bitcoin options worth $4.7 billion and 920,000 ether options worth $3.5 billion expired. The expiration of cryptocurrency options contracts has historically been associated with price volatility in the cryptocurrency market. According to Deribit data, the put/call ratio for Bitcoin (BTC) options at expiration is 0.61. This means that there are more call options (or long contracts) expiring than put options (or short contracts). On the other hand, the put/call ratio for Ethereum (ETH) options is 0.46. The Put/Call Ratio (PCR) is a technical indicator that reflects traders’ market sentiment. A PCR below 0.7 is considered strongly bullish, while a PCR above 1 is considered strongly bearish.

$8.2 billion in Bitcoin and Ethereum options expire, what impact will it have on the market

On May 31, 69,000 bitcoin options worth $4.7 billion and 920,000 ether options worth $3.5 billion expired. The expiration of cryptocurrency options contracts has historically been associated with price volatility in the cryptocurrency market.

According to Deribit data, the put/call ratio for Bitcoin (BTC) options at expiration is 0.61. This means that there are more call options (or long contracts) expiring than put options (or short contracts). On the other hand, the put/call ratio for Ethereum (ETH) options is 0.46.
The Put/Call Ratio (PCR) is a technical indicator that reflects traders’ market sentiment. A PCR below 0.7 is considered strongly bullish, while a PCR above 1 is considered strongly bearish.
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Bitcoin is about to break out of a symmetrical triangle From a technical perspective, Bitcoin’s ability to reach $75,000 comes from its prevalent symmetrical triangle pattern, which is characterized by price consolidating between two converging trendlines connecting a series of consecutive peaks and troughs. Typically, the formation of a symmetrical triangle during an uptrend signals bullish continuation, which resolves when the price breaks out of the upper trendline and rises to the maximum distance between the upper and lower trendlines. As of May 31, BTC’s price is near the apex of the triangle, where its two trendlines converge. The cryptocurrency is now eyeing a breakout of the upper trendline, which, based on the technical rules mentioned above, could push its price to $74,000-75,000 in June, depending on the breakout point. This breakout point could be around $69,000, a level that coincides with Bitcoin’s ongoing ascending trendline support (magenta line).
Bitcoin is about to break out of a symmetrical triangle From a technical perspective, Bitcoin’s ability to reach $75,000 comes from its prevalent symmetrical triangle pattern, which is characterized by price consolidating between two converging trendlines connecting a series of consecutive peaks and troughs. Typically, the formation of a symmetrical triangle during an uptrend signals bullish continuation, which resolves when the price breaks out of the upper trendline and rises to the maximum distance between the upper and lower trendlines.
As of May 31, BTC’s price is near the apex of the triangle, where its two trendlines converge. The cryptocurrency is now eyeing a breakout of the upper trendline, which, based on the technical rules mentioned above, could push its price to $74,000-75,000 in June, depending on the breakout point.
This breakout point could be around $69,000, a level that coincides with Bitcoin’s ongoing ascending trendline support (magenta line).
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While Bitcoin (BTC) continues to oscillate just below its all-time high, suggesting a typical pause in the bull market, at least one observer is concerned that recent macroeconomic developments could hinder a move higher. “Bitcoin remains strong, but macro factors are posing a threat,” Chang, a cryptocurrency options trader and market analyst, told CoinDesk. "Bond yields are very volatile because demand is weak compared to U.S. Treasury issuance. If there is a negative impact on Bitcoin, it is likely due to yields and the U.S. dollar index. U.S. Treasury yields have been rising, mainly due to continued concerns about U.S. debt, a large influx of bond supply and rising Japanese government bond yields. According to relevant data, the benchmark 10-year U.S. Treasury yield climbed 24 basis points to 4.55% in two weeks. Several traditional market analysts said that a rise above 4.7% could bring volatility to the stock market. All else being equal, rising yields translate into higher borrowing costs for individuals and companies and weaken the appeal of investing in relatively risky assets such as Bitcoin and technology stocks. Chang said he expects yields to remain volatile in June, ensuring a close correlation between Bitcoin and stocks. The two-year U.S. Treasury yield is already close to 5%. The ability to lock in a 5% return on government bonds, which are seen as safe investments, may convince macro traders to move funds away from stocks, cryptocurrencies and other riskier areas of the financial market. "We are now at a level in bond yields, and yields rising from here will really put pressure on all asset classes," said Peter Oppenheimer of Goldman Sachs. Oppenheimer said in Bloomberg Monitoring on Thursday. Therefore, traders will pay close attention to the personal consumption expenditure (PCE) price index for guidance on the direction of the Federal Reserve's interest rate. The data is the Federal Reserve's preferred inflation indicator. On the evening of the 31st, the United States released the core PCE price index in April. The data showed that PCE increased by 2.8% year-on-year, which was expected to increase by 2.8% and the previous value increased by 2.8%. The core PCE price index in the United States in April increased by 0.2% month-on-month, which was expected to increase by 0.3%, up 0.3% from the previous reading. The PCE data was in line with expectations, but Treasuries rose. The PCE index has always been a favorite of the Fed. The 2% inflation target they talk about is PCE, not CPI. If the data exceeds expectations, people will not buy risky assets," Chang said.
While Bitcoin (BTC) continues to oscillate just below its all-time high, suggesting a typical pause in the bull market, at least one observer is concerned that recent macroeconomic developments could hinder a move higher. “Bitcoin remains strong, but macro factors are posing a threat,” Chang, a cryptocurrency options trader and market analyst, told CoinDesk. "Bond yields are very volatile because demand is weak compared to U.S. Treasury issuance. If there is a negative impact on Bitcoin, it is likely due to yields and the U.S. dollar index. U.S. Treasury yields have been rising, mainly due to continued concerns about U.S. debt, a large influx of bond supply and rising Japanese government bond yields. According to relevant data, the benchmark 10-year U.S. Treasury yield climbed 24 basis points to 4.55% in two weeks. Several traditional market analysts said that a rise above 4.7% could bring volatility to the stock market. All else being equal, rising yields translate into higher borrowing costs for individuals and companies and weaken the appeal of investing in relatively risky assets such as Bitcoin and technology stocks.
Chang said he expects yields to remain volatile in June, ensuring a close correlation between Bitcoin and stocks. The two-year U.S. Treasury yield is already close to 5%. The ability to lock in a 5% return on government bonds, which are seen as safe investments, may convince macro traders to move funds away from stocks, cryptocurrencies and other riskier areas of the financial market. "We are now at a level in bond yields, and yields rising from here will really put pressure on all asset classes," said Peter Oppenheimer of Goldman Sachs. Oppenheimer said in Bloomberg Monitoring on Thursday. Therefore, traders will pay close attention to the personal consumption expenditure (PCE) price index for guidance on the direction of the Federal Reserve's interest rate. The data is the Federal Reserve's preferred inflation indicator.
On the evening of the 31st, the United States released the core PCE price index in April. The data showed that PCE increased by 2.8% year-on-year, which was expected to increase by 2.8% and the previous value increased by 2.8%. The core PCE price index in the United States in April increased by 0.2% month-on-month, which was expected to increase by 0.3%, up 0.3% from the previous reading. The PCE data was in line with expectations, but Treasuries rose. The PCE index has always been a favorite of the Fed. The 2% inflation target they talk about is PCE, not CPI. If the data exceeds expectations, people will not buy risky assets," Chang said.
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SHIB vs DOGE: August Showdown, Who Will Be Crowned the King of MemeCoin?Dogecoin (DOGE) has long been known as the "king" of the MemeCoin world due to its early influence and strong support from community culture. However, with the rapid rise of Shiba Inu (SHIB), a discussion about who will be the "king of MemeCoin" is becoming increasingly heated. Especially in August 2022, with the changes in market dynamics and the development of the project itself, is it possible for SHIB to surpass DOGE and become the new MemeCoin overlord? MemeCoins, as the name suggests, are a type of cryptocurrency created based on Internet memes or emoticons, and were initially created as entertainment tools within the community. The origin of DOGE is a typical example. Its original design was intended to satirize the traditional financial system, but it unexpectedly stimulated the public's interest in cryptocurrency. Over time, these MemeCoins gradually developed their own ecosystem and even affected the direction of the entire crypto market.

SHIB vs DOGE: August Showdown, Who Will Be Crowned the King of MemeCoin?

Dogecoin (DOGE) has long been known as the "king" of the MemeCoin world due to its early influence and strong support from community culture. However, with the rapid rise of Shiba Inu (SHIB), a discussion about who will be the "king of MemeCoin" is becoming increasingly heated. Especially in August 2022, with the changes in market dynamics and the development of the project itself, is it possible for SHIB to surpass DOGE and become the new MemeCoin overlord?

MemeCoins, as the name suggests, are a type of cryptocurrency created based on Internet memes or emoticons, and were initially created as entertainment tools within the community. The origin of DOGE is a typical example. Its original design was intended to satirize the traditional financial system, but it unexpectedly stimulated the public's interest in cryptocurrency. Over time, these MemeCoins gradually developed their own ecosystem and even affected the direction of the entire crypto market.
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A must-see for investors holding FLOKI, PEPE, SHIB, and WIF! These high-profile altcoins have accumulated more than $28 billion in ecosystem investment, fully demonstrating their market potential and investor confidence. These top altcoins, including PEPE, WIF, BONK, DOGE, and $SHIB, not only have strong meme appeal, but also combine solid fundamentals to become one of the world's most well-known and widely used cryptocurrencies. After the baptism of recent market volatility, Shiba Inu Token (SHIB) has shown strong rebound momentum with positive bullish indicators and important fundamental developments. Although SHIB first emerged as a meme, it has now taken root in a vibrant community and demonstrated strong resilience in market fluctuations. Despite a trading market value of $15 billion, SHIB has been able to recover strongly from last year's strong support level, which greatly encourages the confidence of community investors. According to analysts’ forecasts: PEPE is expected to reach $0.0001 SHIB is expected to reach $0.00015 FLOKI is expected to reach $0.0015 BONK is expected to climb to $0.0002 WIF is expected to reach $15 DOGE is expected to return to $1 These cryptocurrencies have huge upside potential, and the market expects their total market value to climb to an astonishing $800 billion. The total market value of the entire altcoin market is expected to reach a new height of more than $1 trillion. Investors should pay close attention to the dynamics of these digital currencies and seize investment opportunities!
A must-see for investors holding FLOKI, PEPE, SHIB, and WIF!
These high-profile altcoins have accumulated more than $28 billion in ecosystem investment, fully demonstrating their market potential and investor confidence.
These top altcoins, including PEPE, WIF, BONK, DOGE, and $SHIB , not only have strong meme appeal, but also combine solid fundamentals to become one of the world's most well-known and widely used cryptocurrencies.
After the baptism of recent market volatility, Shiba Inu Token (SHIB) has shown strong rebound momentum with positive bullish indicators and important fundamental developments. Although SHIB first emerged as a meme, it has now taken root in a vibrant community and demonstrated strong resilience in market fluctuations.
Despite a trading market value of $15 billion, SHIB has been able to recover strongly from last year's strong support level, which greatly encourages the confidence of community investors.
According to analysts’ forecasts:
PEPE is expected to reach $0.0001
SHIB is expected to reach $0.00015
FLOKI is expected to reach $0.0015
BONK is expected to climb to $0.0002
WIF is expected to reach $15
DOGE is expected to return to $1
These cryptocurrencies have huge upside potential, and the market expects their total market value to climb to an astonishing $800 billion. The total market value of the entire altcoin market is expected to reach a new height of more than $1 trillion. Investors should pay close attention to the dynamics of these digital currencies and seize investment opportunities!
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Ethereum Price and Potential Future Performance The recent inflow of funds has sparked discussions about its potential impact on Ethereum prices. Analysts are debating whether this momentum will continue or if this is a temporary reaction to regulatory news. However, the $40 million surge shows the market's strong interest and confidence in Ethereum's future performance. Nevertheless, some believe that the path to continued growth may face challenges. Notably, the SEC's approval process is not yet complete. The recent regulatory approval of Ethereum ETFs is mainly due to the upcoming US presidential election and the general pro-crypto sentiment that may affect the election results. Notably, the pending review of the S1 form means that the actual trading of these ETFs may still take several weeks. This delay may affect investor sentiment and price stability in the short term. However, as of the time of writing, Ethereum prices are up 1.45% and are trading at $3,783.37, having previously hit a 24-hour high of $3,823.64. On a monthly basis, the second-largest cryptocurrency by market value is up nearly 25%, while rising about 3% on a weekly basis. Ethereum futures open interest rose 1.45% to $16.7 billion, while its options open interest rose 1.63% to $6.38 billion. It is worth noting that the surge in open interest also reflects the bullish sentiment currently pervading the market.
Ethereum Price and Potential Future Performance
The recent inflow of funds has sparked discussions about its potential impact on Ethereum prices. Analysts are debating whether this momentum will continue or if this is a temporary reaction to regulatory news. However, the $40 million surge shows the market's strong interest and confidence in Ethereum's future performance.
Nevertheless, some believe that the path to continued growth may face challenges. Notably, the SEC's approval process is not yet complete.
The recent regulatory approval of Ethereum ETFs is mainly due to the upcoming US presidential election and the general pro-crypto sentiment that may affect the election results. Notably, the pending review of the S1 form means that the actual trading of these ETFs may still take several weeks. This delay may affect investor sentiment and price stability in the short term.
However, as of the time of writing, Ethereum prices are up 1.45% and are trading at $3,783.37, having previously hit a 24-hour high of $3,823.64. On a monthly basis, the second-largest cryptocurrency by market value is up nearly 25%, while rising about 3% on a weekly basis.
Ethereum futures open interest rose 1.45% to $16.7 billion, while its options open interest rose 1.63% to $6.38 billion. It is worth noting that the surge in open interest also reflects the bullish sentiment currently pervading the market.
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BTC is calm but undercurrents are surging, Ordi and SATS tokens are showing their charmWhile Bitcoin showed a solid performance, Ordi and SATS, two BRC-20 tokens, showed very different trends. Bitcoin’s price has changed less than 2% over the past week, reflecting the stable trading atmosphere in the crypto market. At the same time, Ordi and SATS tokens show significant differences. Significant rise in Ordi token The trading volume of Ordi token has increased by 181.2% in the past day, and the value has increased by 17.04%. Currently, the market price of Ordi token is hovering around a key resistance level, reflecting the market's continued optimism about this token. On the technical level, the Ordi token is strongly supported by the Simple Moving Average (SMA) on the 1D timeframe, highlighting its bullish trend in the crypto market. The Relative Strength Index (RSI) is also showing positive dynamics, having broken above the median and rising into the overbought zone. If the Ordi token is able to break above the $50.75 resistance, it may challenge the higher resistance at $62. Conversely, in case of a downtrend, the token may fall back to the $39.75 support level.

BTC is calm but undercurrents are surging, Ordi and SATS tokens are showing their charm

While Bitcoin showed a solid performance, Ordi and SATS, two BRC-20 tokens, showed very different trends.
Bitcoin’s price has changed less than 2% over the past week, reflecting the stable trading atmosphere in the crypto market. At the same time, Ordi and SATS tokens show significant differences.
Significant rise in Ordi token
The trading volume of Ordi token has increased by 181.2% in the past day, and the value has increased by 17.04%. Currently, the market price of Ordi token is hovering around a key resistance level, reflecting the market's continued optimism about this token.

On the technical level, the Ordi token is strongly supported by the Simple Moving Average (SMA) on the 1D timeframe, highlighting its bullish trend in the crypto market. The Relative Strength Index (RSI) is also showing positive dynamics, having broken above the median and rising into the overbought zone. If the Ordi token is able to break above the $50.75 resistance, it may challenge the higher resistance at $62. Conversely, in case of a downtrend, the token may fall back to the $39.75 support level.
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Today I will talk to you about Ethereum ETF. Here I can add some information about Ethereum ETF. Ethereum ETF is a long-term positive, but this positive has not been fully realized. It has actually been partially realized. When will it be realized? Last week, we can actually see that some related Ethereum concepts such as REZ and ETHFI have risen. Of course, we also made some oranges in the early days, including the one or two days before the results came out. We also made a layout. The overall increase may be 10 to 20 points. Of course, this is not important. What is important? As for the positive of Ethereum ecology, it has not been realized. If it is not realized, it will be terrible. You can go and take a look at Ethereum. Don't worry about the official definition of its future. How does the official distinguish the tasks of Ethereum in each stage of the first and second stages? But we can see what the market orientation is? The market orientation is now the Ethereum staking interest sector. The core attraction of Ethereum for users is the update of staking. You can also see that Sun Ge holds billions of Ethereum. How much Ethereum does he have? There should be hundreds of thousands of them. Brother Sun should have hundreds of thousands of Ethereum. Brother Sun's Ethereum assets should be tens of billions. What does Brother Sun use his Ethereum for? Justin Sun also used his Ethereum for staking, so he staked a lot, right? He earned the interest. So you see that this big player actually stakes Ethereum again, which includes the role of staking, especially the staking of Ethereum-related ecosystems. Instead of directly staking it on the Ethereum chain, they are more willing to invest in the Ethereum-related ecosystem to stake it, and this is a core point of Ethereum at present. Of course, this is not the focus of Weishen, but a point that the market pays attention to and focuses on. Because they want to make a certain amount of money. Then you visit the entire track, and we also sort out some of its core content and sections in the course, and these sections will have opportunities in the future.
Today I will talk to you about Ethereum ETF. Here I can add some information about Ethereum ETF.
Ethereum ETF is a long-term positive, but this positive has not been fully realized. It has actually been partially realized. When will it be realized?
Last week, we can actually see that some related Ethereum concepts such as REZ and ETHFI have risen. Of course, we also made some oranges in the early days, including the one or two days before the results came out. We also made a layout. The overall increase may be 10 to 20 points. Of course, this is not important. What is important?
As for the positive of Ethereum ecology, it has not been realized. If it is not realized, it will be terrible. You can go and take a look at Ethereum. Don't worry about the official definition of its future. How does the official distinguish the tasks of Ethereum in each stage of the first and second stages?
But we can see what the market orientation is? The market orientation is now the Ethereum staking interest sector. The core attraction of Ethereum for users is the update of staking. You can also see that Sun Ge holds billions of Ethereum. How much Ethereum does he have? There should be hundreds of thousands of them. Brother Sun should have hundreds of thousands of Ethereum.
Brother Sun's Ethereum assets should be tens of billions. What does Brother Sun use his Ethereum for? Justin Sun also used his Ethereum for staking, so he staked a lot, right? He earned the interest.
So you see that this big player actually stakes Ethereum again, which includes the role of staking, especially the staking of Ethereum-related ecosystems. Instead of directly staking it on the Ethereum chain, they are more willing to invest in the Ethereum-related ecosystem to stake it, and this is a core point of Ethereum at present.
Of course, this is not the focus of Weishen, but a point that the market pays attention to and focuses on. Because they want to make a certain amount of money. Then you visit the entire track, and we also sort out some of its core content and sections in the course, and these sections will have opportunities in the future.
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Cryptocurrency Prices June 1: Bitcoin and Ethereum Prices Fluctuate, JASMY and BEAM Continue to SoarCryptocurrency prices triggered a mixed change in investor sentiment on June 1. BTC and ETH prices continued to fluctuate around the previous day’s levels. Altcoins, SOL, XRP, and meme coins fell. BEAM continued to surge. Cryptocurrency prices have seen mixed action again today. Bitcoin (BTC) and Ethereum (ETH) continue to battle around previous day price levels. Altcoins Solana (SOL), XRP, and Dogecoin (DOGE) are down slightly, while Shiba Inu (SHIB) is down sharply. JasmyCoin (JASMY) and Beam (BEAM) tokens continue their extended period of price gains.

Cryptocurrency Prices June 1: Bitcoin and Ethereum Prices Fluctuate, JASMY and BEAM Continue to Soar

Cryptocurrency prices triggered a mixed change in investor sentiment on June 1. BTC and ETH prices continued to fluctuate around the previous day’s levels. Altcoins, SOL, XRP, and meme coins fell. BEAM continued to surge.

Cryptocurrency prices have seen mixed action again today. Bitcoin (BTC) and Ethereum (ETH) continue to battle around previous day price levels. Altcoins Solana (SOL), XRP, and Dogecoin (DOGE) are down slightly, while Shiba Inu (SHIB) is down sharply. JasmyCoin (JASMY) and Beam (BEAM) tokens continue their extended period of price gains.
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Can Bitcoin hold 68,000? From the daily chart, Bitcoin is hovering around the 7-day line and fluctuating downward, with an unstable center of gravity! The moving averages are getting closer and closer, which is a shock repair! First see the 60-day line support, which means that if 68,000 breaks, it will go to 65,000. This is OK, follow the ups and downs of the waves and jumps and oscillates upward! The technical indicators need to be repaired. Since they can't rise, they will be adjusted! In the four-hour chart, Bitcoin's 7-day cross did not reach the 30-day line, and then turned back. The technical indicators are dead crosses at high levels, and it should be highly likely to go down. This wave of rebound should be accelerated. The one above shows the problem. At present, 67 cannot be maintained, and the high altitude is the main focus! Pressure 68900 69800 Support 67600 66500
Can Bitcoin hold 68,000?
From the daily chart, Bitcoin is hovering around the 7-day line and fluctuating downward, with an unstable center of gravity! The moving averages are getting closer and closer, which is a shock repair! First see the 60-day line support, which means that if 68,000 breaks, it will go to 65,000. This is OK, follow the ups and downs of the waves and jumps and oscillates upward! The technical indicators need to be repaired. Since they can't rise, they will be adjusted!
In the four-hour chart, Bitcoin's 7-day cross did not reach the 30-day line, and then turned back. The technical indicators are dead crosses at high levels, and it should be highly likely to go down. This wave of rebound should be accelerated. The one above shows the problem. At present, 67 cannot be maintained, and the high altitude is the main focus!
Pressure 68900 69800 Support 67600 66500
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A simple comparison between the rune market and the inscription phenomenon: 1. The easiest way to make money with inscriptions is to mint them, and the successful inscriptions are all public mints, not airdrops. Currently, all runes that have gone out of the circle are airdrops. 2. The tokens that are strongly related to BTC on the inscriptions are basically successful, but runes are all new concepts, memes, and strongly related narratives, which are almost outdated. 3. The addresses of runes are several times more than inscriptions, which means that the group base is larger. 4. The inscription leader ordi or sats can basically drive the track when they pull the market in the early stage, but the rune leader pulls the market and does not drive the track to have a hot performance.
A simple comparison between the rune market and the inscription phenomenon:
1. The easiest way to make money with inscriptions is to mint them, and the successful inscriptions are all public mints, not airdrops. Currently, all runes that have gone out of the circle are airdrops.
2. The tokens that are strongly related to BTC on the inscriptions are basically successful, but runes are all new concepts, memes, and strongly related narratives, which are almost outdated.
3. The addresses of runes are several times more than inscriptions, which means that the group base is larger.
4. The inscription leader ordi or sats can basically drive the track when they pull the market in the early stage, but the rune leader pulls the market and does not drive the track to have a hot performance.
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Why is the market so difficult now? It is completely different from 2016 and 2021The macro economy is in a state of complete deviance from common sense. Whether it is the cycle of long-term and short-term interest rate inversion, economic fundamentals and market expectations, geopolitical emergencies, or the conflict in the performance of major asset prices, etc., they are constantly reshaping a new anti-globalization economic cognition. As shown in the figure Secondly, a large number of US bonds have been sold off in the past few days. I think the reasons are mixed, and cannot be simply attributed to the pessimistic PCE data. In addition, the software sector plummeted yesterday, dragging down SPX and NDX. However, macroeconomic data was relatively mild, Williams' speech was dovish, and long-term interest rates stabilized slightly.

Why is the market so difficult now? It is completely different from 2016 and 2021

The macro economy is in a state of complete deviance from common sense. Whether it is the cycle of long-term and short-term interest rate inversion, economic fundamentals and market expectations, geopolitical emergencies, or the conflict in the performance of major asset prices, etc., they are constantly reshaping a new anti-globalization economic cognition. As shown in the figure

Secondly, a large number of US bonds have been sold off in the past few days. I think the reasons are mixed, and cannot be simply attributed to the pessimistic PCE data.

In addition, the software sector plummeted yesterday, dragging down SPX and NDX. However, macroeconomic data was relatively mild, Williams' speech was dovish, and long-term interest rates stabilized slightly.
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The European Cup is about to start! What do you know about the fan coins of each team? Will the leading token CHZ have a hundredfold potential?What is CHZ? Chiliz is the world’s most popular sports and entertainment token. Chiliz is the blockchain that powers the Socios fan engagement platform, the Chiliz Exchange and the CHZ token. CHZ is the native token of the Chiliz platform, allowing fans to purchase NFTs and gain voting rights for their favorite sports teams. Each team that works with Chiliz can decide the initial sale price of their unique fan tokens, as well as which token holders can vote for the team. Founding Team Chiliz crypto was founded by CEO Alexandre Dreyfus, a French entrepreneur with a long history in the gambling industry.

The European Cup is about to start! What do you know about the fan coins of each team? Will the leading token CHZ have a hundredfold potential?

What is CHZ?
Chiliz is the world’s most popular sports and entertainment token. Chiliz is the blockchain that powers the Socios fan engagement platform, the Chiliz Exchange and the CHZ token.

CHZ is the native token of the Chiliz platform, allowing fans to purchase NFTs and gain voting rights for their favorite sports teams. Each team that works with Chiliz can decide the initial sale price of their unique fan tokens, as well as which token holders can vote for the team.
Founding Team
Chiliz crypto was founded by CEO Alexandre Dreyfus, a French entrepreneur with a long history in the gambling industry.
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The "thunderbolt" that has been delayed for several years in Mentougou finally landed. Instead of retreating, Not advanced and surpassed Pepe, which is breathtaking!On the morning of May 28, a large amount of transfer suddenly appeared in the account address of Mt.Gox, an exchange that had been bankrupt for ten years. In the next 6 hours, Mt.Gox transferred 141,685 bitcoins in 10 transactions, with the amount of each transaction ranging from US$200 million to US$2.3 billion, with a value of approximately US$9.8 billion. This is the first action of Mt. Gox's cold wallet address in five years. The transfer of 140,000 bitcoins worth nearly 10 billion US dollars has attracted great attention from the community. Compared with the total increase in the value of Bitcoin ETF today, which is 3,028, Wall Street ETF giants such as BlackRock and Grayscale each hold a total of about 20 billion US dollars in Bitcoin. The number of bitcoins transferred from the Mt. Gox address yesterday accounted for nearly half of the number of bitcoins held by BlackRock and Grayscale respectively.

The "thunderbolt" that has been delayed for several years in Mentougou finally landed. Instead of retreating, Not advanced and surpassed Pepe, which is breathtaking!

On the morning of May 28, a large amount of transfer suddenly appeared in the account address of Mt.Gox, an exchange that had been bankrupt for ten years. In the next 6 hours, Mt.Gox transferred 141,685 bitcoins in 10 transactions, with the amount of each transaction ranging from US$200 million to US$2.3 billion, with a value of approximately US$9.8 billion.
This is the first action of Mt. Gox's cold wallet address in five years. The transfer of 140,000 bitcoins worth nearly 10 billion US dollars has attracted great attention from the community. Compared with the total increase in the value of Bitcoin ETF today, which is 3,028, Wall Street ETF giants such as BlackRock and Grayscale each hold a total of about 20 billion US dollars in Bitcoin. The number of bitcoins transferred from the Mt. Gox address yesterday accounted for nearly half of the number of bitcoins held by BlackRock and Grayscale respectively.
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3 100% Surge Tokens to Buy at the Bottom! WLD No matter what FUD it encounters, WLD remains strong => WLD will soon rise back to the $8 range It's not always possible to see clear patterns like this, they draw a sideways price area that attracts people to buy in large quantities. Do you know why this pattern is so powerful? This long period of sideways trading causes holders to get bored, they will frequently stop losses and switch to other projects, and at the same time create a false bear market flag to deceive short sellers. And constantly create panic rumors At this stage of the urgency, I only worry about creating panic rumors when the price rises so as to sell, because the price is already very low now, if I spread panic again, it will only be for buying at the bottom. There is another month to unlock the tokens of the team and investors, which will definitely accelerate the release of liquidity. The closer we wait to unlock the tokens, the closer it is. Should we wait until the backers are ready to sell before entering the market? If we wait until the backers have sold out before entering the market, by then the market makers and backers have gone elsewhere, who will push the price up? TAO I accidentally discovered that the charts of TIA and TAO are so similar One is a modular blockchain and the other is AI. What is the relationship that makes them so similar? Is it because of the similar names that the big players are itching to push up together? After studying for a while, I found that both of them are in the portfolio of Polychain, which is a well-known big player Maybe they are using the same trading system, and the price is tracking very closely, especially from March to now At present, TIA has risen. Will TAO keep up? It is very likely, because the story of AI is always hot and is the most critical keyword in the bull market in 2025 SOL SOL perfect buying zone: $160-$148. Solana ETF is about to be hyped. SOL1 month still bullish, expect higher next Plan A: Sell in May and walk away, sudden ETH ETF news drives crypto market up, forces market to buy higher, $160 is held Plan B: We first fill the inefficient up move with a shocking drop around $150, just like we did at $100
3 100% Surge Tokens to Buy at the Bottom!
WLD
No matter what FUD it encounters, WLD remains strong => WLD will soon rise back to the $8 range
It's not always possible to see clear patterns like this, they draw a sideways price area that attracts people to buy in large quantities.
Do you know why this pattern is so powerful? This long period of sideways trading causes holders to get bored, they will frequently stop losses and switch to other projects, and at the same time create a false bear market flag to deceive short sellers.
And constantly create panic rumors At this stage of the urgency, I only worry about creating panic rumors when the price rises so as to sell, because the price is already very low now, if I spread panic again, it will only be for buying at the bottom.
There is another month to unlock the tokens of the team and investors, which will definitely accelerate the release of liquidity.
The closer we wait to unlock the tokens, the closer it is. Should we wait until the backers are ready to sell before entering the market? If we wait until the backers have sold out before entering the market, by then the market makers and backers have gone elsewhere, who will push the price up?
TAO
I accidentally discovered that the charts of TIA and TAO are so similar
One is a modular blockchain and the other is AI. What is the relationship that makes them so similar? Is it because of the similar names that the big players are itching to push up together?
After studying for a while, I found that both of them are in the portfolio of Polychain, which is a well-known big player
Maybe they are using the same trading system, and the price is tracking very closely, especially from March to now
At present, TIA has risen. Will TAO keep up? It is very likely, because the story of AI is always hot and is the most critical keyword in the bull market in 2025
SOL
SOL perfect buying zone: $160-$148. Solana ETF is about to be hyped.
SOL1 month still bullish, expect higher next
Plan A: Sell in May and walk away, sudden ETH ETF news drives crypto market up, forces market to buy higher, $160 is held
Plan B: We first fill the inefficient up move with a shocking drop around $150, just like we did at $100
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