People are about to reach the expected target🎯. After reaching the target, those who need to sell should sell, those who need to sell should sell and take good defense.

People keep going. I have mentioned the goal before. You can see the previous views.

The Sei V2 upgrade governance proposal has started on-chain voting, and the mainnet is scheduled to be upgraded next Monday, May 27. So far, the voting support rate for this proposal has reached 100%. The Sei platform announced that they will launch the V2 upgrade plan in three stages. The main goal of this plan is to launch the first highly scalable parallel EVM. In short, the V2 upgrade will be carried out step by step, first the governance stage, then the Alpha release stage, and finally the V2 readiness stage. This phased approach can ensure the smooth progress of the upgrade process and allow users to gradually adapt to and accept the new system.

Yesterday, the spot ETF bought more than 3,400 BTC, and the Bitcoin spot ETF has inflows of more than 100 million for 5 consecutive days. As the US SEC requires exchanges to speed up the update of the 19B-4 document on the ETH spot ETF, the probability of approval of the ETH spot ETF has increased significantly, and the market believes that there is still a 25% probability of disapproval. The price of ETH rose by 18% in 5 hours. According to on-chain data, multiple whales bought ETH in this range and used leverage. The Ethereum ETF will announce the results on Wednesday. The SEC may use this chip to harvest. It is uncertain whether the current pull-up is safe. If it is to release smoke bombs for the market, the review on the 23rd is not approved, then it is to prepare for harvesting. It is currently recommended to wait and see. For the reduction of spot bands, long-term investors can just keep it.

Wednesday will be an important day, as the SEC will make a historic ruling on the Ethereum spot ETF. Especially VanEck's ETF application, if approved, I believe the price of ETH will usher in a short-term surge.
Five SEC commissioners will cast the decisive vote, and we know that Commissioner Gary Gensler has expressed support for the spot Bitcoin ETF in January, so he is likely to vote in favor of the Ethereum ETF. Of course, our focus should not be limited to VanEck, because Ark 21Shares will also face a ruling soon after. And the impact of this decision will go far beyond these two companies. Industry giants such as Hashdex, Grayscale, Invesco Galaxy, BlackRock, and Fidelity are closely watching this result, which will have a profound impact on their future strategies. Let me briefly talk about my opinion on the current ETH market. From the daily chart, we can see that Ethereum has broken through the bearish trend line and is blocked near 3150. If there is no data impact, this pullback is also normal selling pressure. I personally expect the pullback to touch 2970 again and then rise again. This is without the impact of data. If the ETF is passed on Wednesday, the market is expected to rise to around 3300. Let us wait and see! #以太坊ETF批准预期 #ETH #BTC

Today, the burning rate of Shiba Inu Coin has increased by more than 5 times! This makes many people particularly optimistic about the future price of Shiba Inu Coin. Although the interest rate has increased, Shiba Inu Coin is still losing money now. This virtual currency, which is called the "Dogecoin Killer", has suddenly decreased a lot. 9.83 million pieces have been destroyed, mainly by two big holders. Because the number is much smaller, destruction is usually equivalent to reducing circulation, and the price will rise accordingly!

The SEC will make an important decision on the application for the Ethereum spot ETF this week, which is a critical moment for the cryptocurrency market. ETF Store President Nate Geraci revealed that the SEC needs to approve both 19b-4 and S-1 documents to successfully launch the ETF. Considering the recent low market participation, it may affect the approval progress of S-1. Therefore, while the approval of 19b-4 may be technically smooth, the approval of S-1 may encounter some delays.

Bitcoin surges! The spring of altcoins has arrived, the golden time for bargain hunting has arrived, and the wealth train is about to depart!

Bitcoin broke through $66,000 and continued to strengthen. There was a small correction last night. Although this correction did not pull back much, many altcoins could not hold on, and almost all returned to the position before the rise. The current altcoin market really fulfills the saying that Bitcoin surges and it rises slightly, and Bitcoin falls slightly and it falls sharply. There is a feeling that altcoins are about to cool down.

However, opportunities are often born in despair. I think the spring of the altcoin market is likely to come soon. The main reasons are as follows:
First, it is the market share of Bitcoin, which is also called the dominance rate.
At present, it has come to the mid-line resistance level. If it shrinks, then the market share of Bitcoin will decline, and the market share of altcoins will rise. With this increase and decrease, the performance of altcoins will naturally be stronger than Bitcoin.
Second, in the second half of the month, the SEC will announce the application results of the Ethereum spot ETF applied by Ark and other institutions. If it can be passed, it will definitely be a great benefit to altcoins.
Third, after a few days of rising, the current market sentiment has gradually become optimistic, and the willingness of institutions to buy is also gradually increasing. Yesterday, the spot ETF market had a net inflow of 221 million US dollars, and the net inflow has exceeded 100 million US dollars for four consecutive days. Therefore, the current Bitcoin market is very stable. The stable market plus the growth of market share, plus the Ethereum ETF that is likely to pass, multiple conditions are met, so I think the altcoins will definitely have a wave of outbreaks. Everyone should pay more attention to these market indicators and the approval results of the Ethereum ETF, so as not to wake up and see the altcoin take off, and miss the best opportunity to get on board. #BTC走势分析 #RWA板块涨势强劲 Of course, if you don’t know where to follow, my little harbor, I will share the latest market data and market views in it every day, click on my avatar!

People implement the second step, start pulling up. After the pull-up, it will continue to fall. Only when it rises will leeks enter the market. If you are greedy, you will be caught. The new high has been broken, and there will be another upward needle. Insert and play a quick callback to ship out. It is expected that the last needle will be inserted above 0.60, about 64, and after this needle is inserted, it will be a big callback.

People are very smooth

SHIB Whale Makes Major Transfer of 3 Trillion SHIB to Robinhood 
A recent tweet from Whale Alert shows that an anonymous whale moved 3 trillion SHIB worth $75 million from an unknown wallet to Robinhood. SHIB whales have been very active this week. Previously, Cumbersome transferred 144 billion SHIB meme coins to Coinbase, and before that, 50.36 billion Shiba Inu were deposited to OKX. The price of SHIB has increased by 10% in the past 24 hours, and overnight, SHIB has surged by 12.26% and is currently trading at $0.00002538.

People's sickles began to attack, first harvesting a wave, then pulling another wave, and continuing to harvest.

The new project NOT will be launched tonight!
The new project NOT presents an innovative project that combines social, gaming and financial concepts. It is based on the popular Telegram application and incorporates gamefi and meme elements, which is obviously intended to attract the younger generation of users. As a star project on the ton public chain, the price of the public chain behind it has performed strongly, which undoubtedly adds a lot of heat to the project.
From the estimated price, the project has a certain market value potential. But if its price reaches the estimated upper limit, that is, 0.008u, its market value will reach 800 million u, which will make its market value higher than sats, which may limit its future upside. If its price can stabilize at the lower limit of the estimated price, that is, 0.004u, the corresponding market value will be relatively low, which provides greater possibilities for future growth.
As for its trend after its launch, since this is the first project to be launched on a mainstream exchange and all chips are fully circulated with 100 billion, the selling pressure it faces may be relatively large. In addition, we are not clear about the overall layout and strategy of the project party. Be careful of falling back after a high rise. Observe for a few days and wait for the right position before considering whether to enter the market!

aevO: I'm going to show my cards. I won't pretend anymore. The total supply is 1 billion, and the unlocked ™ is more than 900 million, about 740 million. It feels like it's going to return to zero. Keep falling! #AEVO。

The CPI data will be released at 8:30 p.m. Do you think it will surge or plummet?

Revealed! The shocking conspiracy behind the Worldcoin crash, insiders manipulated the stock market, and retail investors were harvested!

Yesterday, the value of Worldcoin (WLD) plummeted by nearly 10% in 24 hours, and the price stabilized at around $4.86, which attracted widespread attention from the market. The plunge coincided with a critical analysis released by DeFi^2, a top trader on the cryptocurrency exchange Bybit, which expressed deep concerns about the huge inflationary pressure and misleading marketing that Worldcoin may bring.

So what is the direct cause of the Worldcoin crash? According to DeFi^2's analysis, the rapid depreciation of Worldcoin is mainly due to problems in its token economics design. Specifically, emissions related to grants and operator claims caused the token value to deteriorate at a rate of 0.6% per day. More worryingly, these tokens were sold almost immediately after issuance, adding downward pressure on the price of Worldcoin. In addition, the Worldcoin Foundation recently announced its intention to sell $200 million worth of Worldcoin to trading companies, which will effectively increase the circulation by 18%, further exacerbating supply concerns.

The deeper reason may lie in the economic model and marketing strategy of Worldcoin. DeFi^2 pointed out that the token economics design of Worldcoin may be "predatory" and is intended to bring disproportionate benefits to early investors and insiders at the expense of the interests of general retail investors. This design allows insiders to have the opportunity to obtain huge gains by manipulating token supply and market conditions, while ordinary investors face greater risks and losses.
Moreover, the marketing strategy of Worldcoin may also be misleading. Despite its claims of association with well-known technology figures and organizations, DeFi^2 clarified that, for example, Sam Altman of OpenAI is not actively involved in Worldcoin because Worldcoin operates as a completely independent entity. This misleading may cause investors to misunderstand the nature and support of Worldcoin, thereby affecting their investment decisions.
From a more macro perspective, the plunge of Worldcoin also reflects the volatility and uncertainty of the cryptocurrency market. The cryptocurrency market is a highly complex and volatile market, which is affected by many factors, including global economic conditions, policies and regulations, technological innovation, and investor sentiment.
In addition, OpenAI announced on Monday that it plans to launch a cutting-edge artificial intelligence model called GPT-4o, which can conduct realistic voice conversations and seamlessly interact across text and images. Although Worldcoin is usually a beneficiary of OpenAI's announcements, this time the price of WLD plummeted. This may indicate that the market's expectations and confidence in Worldcoin have been severely affected, and even favorable technological advances have difficulty boosting its price.
In general, the plunge of Worldcoin is the result of a combination of factors. Problems with its token economics design, misleading marketing strategies, volatility in the cryptocurrency market, and investors' sensitive reactions to market changes may all be important reasons for the plunge. For us as investors, this incident once again reminds us that we need to be cautious and rational when participating in the cryptocurrency market, and fully understand market dynamics and risk factors to make wise investment decisions.
The cryptocurrency market will continue to face many challenges and opportunities. As technology continues to advance and the market matures, we will see more innovations and changes, and at the same time, market uncertainty and volatility will continue to exist. Therefore, we need to remain vigilant, constantly learn and adapt to market changes to succeed in the cryptocurrency market. #WLD/USDT⚡️⚡️ #ETH

If you have no direction, often chase ups and downs, and don’t have the latest cutting-edge news, and are always in a loss, click on the avatar to follow me, the internal small harbor is open to the outside world, and use the simplest operation to obtain the maximum trend profit!

Burn FLOKI

PEPE surges 34% to new all-time high as Roaring Kitty returns

PEPE hits new all-time high as meme coins rebound following Keith Gill’s return to social media platform X. PEPE’s price surged 34% to $0.00001119 on Binance, a remarkable milestone. Additionally, its trading volume grew 245% to $1.56 billion. This makes PEPE the 23rd-largest cryptocurrency by market cap. Additionally, the update coincided with Gill’s post sparking a broader frenzy in the market, with meme coins like Solana-based GameStop surging more than 550%. Stocks associated with Gill, including GME and AMC, also saw significant profits, reflecting a resurgence in retail investor sentiment

As long as BTC does not fall below 60,000, there is no problem for bulls. It is currently in a consolidation phase, which will take a long time. As expected before, the market began to pick up in June. Wait for the market. At present, many cottages are at the absolute bottom. You can ambush some appropriately and wait for the cottage outbreak season.
The global financial market is constantly changing, and listed companies and sovereign states are looking for new strategies to preserve and increase the value of their assets. Recently, listed investment company Metaplanet decided to add Bitcoin as its reserve asset as a hedge against the depreciation of the yen. El Salvador became the first country in the world to officially adopt Bitcoin as a legal currency in 2021, and has accumulated more than 5,700 Bitcoins, with an average purchase cost of $43,097 per coin. These two cases not only reflect the rise of Bitcoin as a new asset class, but also highlight its increasingly important role in the global economic system.
The addition of Bitcoin as a reserve asset shows the recognition and favor of enterprises and countries for asset allocation outside the traditional financial system. Metaplanet's move may indicate a trend that more companies will regard Bitcoin as a value storage and hedge against the volatility of traditional currencies. Especially in the context of increasing global economic uncertainty and greater volatility in the value of traditional currencies, Bitcoin provides a new option to protect asset value.
The example of El Salvador is even more radical, as it has elevated the legal status of Bitcoin to the same level as its own currency. This not only demonstrates the government's deep understanding and forward-looking layout of digital currency, but also reflects that Bitcoin's acceptance and influence are rapidly increasing around the world. By purchasing and holding a large amount of Bitcoin through official channels, El Salvador is actually conducting a financial innovation experiment that may have a profound impact on the evolution of the future global monetary system.