LayerZero is an omnichain protocol that aims to enable cross-chain communication between different blockchains without the need for third-party intermediaries, thereby providing a smoother and more secure cross-chain interaction experience.
The core operating principle of the protocol is based on three main components: Endpoint, Oracle, and Relayer.
1.Endpoint: LayerZero deploys a set of smart contracts on each supported blockchain. These smart contracts are responsible for connecting all supported blockchains and can easily integrate new blockchains into the LayerZero network. Through these endpoints, different blockchains can communicate and interact with each other without the use of cross-chain bridges or other complex solutions.
2. Oracle: An oracle is a third-party service whose role is to transmit data from one blockchain to another, usually block header information. These data transmissions are to ensure the synchronization and correctness of each chain.
3. Relayer: The main task of the relayer is to obtain proof of a specified transaction and propagate its verification to other chains. According to the design of LayerZero, anyone can become a relayer, which makes the entire system more decentralized and secure.
LayerZero's overall design makes it similar to a universal blockchain translation mechanism, making asset exchange and application use across multiple blockchains simpler and more efficient. Through the collaboration of endpoints, oracles, and relayers, LayerZero ensures secure, fast, and reliable cross-chain interactions, which is why it is considered one of the most anticipated airdrop projects.

There have been some positive changes in the market today, mainly due to good news from the Ethereum field!
First, the SEC has ended its investigation into ETH 2.0. The market generally believes that the SEC no longer considers Ethereum as a security, and if this interpretation is established, it will have a significant positive impact on the market. This means that Ethereum ETFs may be approved in the future, paving the way for the further development of Ethereum. Unlike Bitcoin, Ethereum holders can obtain an annualized rate of return of about 4% through staking, which enhances its potential in the financial field.
Another good news is the latest progress on Ethereum spot ETFs. It was revealed that the SEC required major ETF issuers to submit S-1 documents by Friday this week, showing the urgency of the SEC in advancing this process. Analysts generally expect that the Ethereum ETF may be listed before July 4, which may make the next two weeks a golden period for the Ethereum market.
In short, these news last night promoted a significant rise in Ethereum and its related projects such as $LDO, $RPL, etc. $LDO rose by 30% and $RPL rose by 50%. The performance of these projects is very different from other altcoins, reflecting the market's optimistic expectations and confidence in the future of Ethereum.
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The current market environment shows that Ethereum (ETH) is in a bullish phase. Analysis shows that recent price action indicates a stop-loss reversal signal, indicating that a new upward cycle may be in the works.
Specifically, trading on June 11 showed that a large amount of volume supported the price and formed a clear long shadow, which indicates that there is a strong support force at the low level. Although the two subsequent pullbacks slightly broke through the previous low, the decline was limited, and the short-selling force weakened, showing signs of a retreat of shorts in the market.
In the past fluctuations, the first wave of the rise had a pullback of almost 100%, and the decline was close to the same proportion. However, the two morning star patterns that appeared on the key support level indicate that the bulls are relatively strong.
Although the price is currently under pressure from the dense trading area formed in the rising phase, the overall market background still supports the rise due to the current bull market. Therefore, the probability of Ethereum's future rise is relatively high, which may drive other high-quality and valuable cryptocurrencies into a new round of upward trend.
In summary, market analysis shows that Ethereum is expected to break through and continue to rise, which provides investors with the possibility of finding profit opportunities in the bull market.

Friends, have you ever thought about how long the bull market in the cryptocurrency market can last? At present, the prices of many altcoins have been falling all the way, which seems to verify the saying that "extremes will reverse". Is this a good time to buy at the bottom?
Looking back at the current market situation, it is exactly the same as last year: first, the price drop caused panic, and then there was a rapid rebound. Now that we have seen the decline and panic, will there be a moment when the market bottoms out and rebounds next? Personally, I speculate that this change may happen soon, and perhaps in the next ten days to half a month, we will see which altcoins can emerge and perform well.
Entering the market at this time is like picking up gold, although these investments may carry some risks. In April, altcoins were almost halved, the market adjusted slightly in May, and suffered a sharp decline again in June. There are still a few strong and popular currencies on the market that are rising. Therefore, it is crucial to choose the right currency and keep up with the hot spots.
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It is not easy to make money in the cryptocurrency market. The key to gaining a foothold in this field is to do two things well: one is effective risk management, and the other is a good trading mentality adjustment. If you cannot withstand market fluctuations, you should consider exiting the transaction and simply holding existing assets to avoid excessive intervention.

Important notice! All investors holding FET, AGIX, and OCEAN, please pay attention to the following information:
The AI ​​Alliance is about to undergo a major change: FET, AGIX, and OCEAN will be merged into ASI coins!
Before 3:30 UTC on July 1, 2024, deposits, withdrawals, and spot margin trading of FET, AGIX, and OCEAN will be suspended.
If you hold any of the above currencies, please note that the system will automatically convert them to ASI coins for you. The conversion rate is as follows:
- Each 1 FET is converted to 1 ASI;
- Each 1 OCEAN is converted to 0.433226 ASI;
- Each 1 AGIX is converted to 0.433350 ASI.
Please be sure to process your transactions before the deadline!#MegadropLista#Hot Topic #BTC☀️ #ETH大涨 #ASILAUNCH

Yesterday, the Bitcoin market showed relatively weak internal performance, while Ethereum encountered resistance during the intraday trend and showed a period of staged rebound. Bitcoin showed a typical oscillating trend during the day, and it is expected that the market may see changes on the day after tomorrow, the 22nd. Bitcoin's support level is expected to be in the 64500-65000 range. It did not continue to break down yesterday, and the current trend is relatively stable. Ethereum showed signs of a double bottom rebound. The pullback strength on the four-hour chart is still considerable during the day, but from the daily chart, it is only a staged rebound.
The market seems to be strong during the day, and has not yet touched the resistance point of the 3660-3720 range. This range is the key resistance at the current intraday and daily level. Whether the subsequent market can stand firm and open up upward space will depend on the performance of this resistance range. Overall, the market is currently showing a staged rebound, and special attention is paid to the trend performance on the 22nd, the day after tomorrow.
Bitcoin's intraday level still needs to pay attention to the support of the 64500-65000 range, and market changes are still focused on the 22nd. The intraday trend may test the small resistance in the 66000-66800 range, while at the intraday absorption level, the focus is on the resistance in the 67000-67600 range. These resistance levels correspond to the 3660-3720 range of Ethereum, and today's trend will first look at the rebound strength of the resistance.
Ethereum shows a double-pin rebound on the four-hour chart, and currently rebounded to $200. Compared with the intraday trend, the rebound is still controllable, but the resistance in the 3660-3720 range will be the key. Today's intraday trend first looks at the rebound resistance in the 3660-3680 range, and then pays attention to the resistance performance in the 3700-3720 range. If the intraday rebound resistance is insufficient, it is necessary to pay attention to the support level in the 3480-3520 range to prevent a pin-type rebound.
The altcoin did not show a volume rebound last night, which was out of sync with the intraday rebound trend of Bitcoin. Only a few Bitcoin-related currencies performed well, such as ENS, LDO, and AGIX, FET, and FTM in the artificial intelligence sector. These are the currencies we are currently focusing on, and it is also worth paying attention to the market performance of PHB in the near future.

Bitcoin is expected to gradually attract capital inflows in the third and fourth quarters. The landmark events of this process include:
1. The official listing of Ethereum spot ETF.
2. The United States began to implement interest rate cuts.
During this period, the increase in liquidity is expected to be limited, so Bitcoin may not rise sharply immediately. Although the market may continue to fluctuate, this situation is unlikely to last too long.
The evening market observed the potential that some other cryptocurrencies such as Dogecoin, LDO, ZK coin, CVX, etc. may show.

The following is a detailed analysis and explanation of the information you provided:
**Analysis of the reasons for the rebound of Ethereum (ETH):**
The rebound of Ethereum prices around 4 a.m. may be affected by external rumors. The news about the Ethereum spot ETF (S-1 approval and start of trading) boosted market sentiment. Generally speaking, the approval of ETFs means that more institutional investors enter the market, increasing liquidity and market stability, and thus directly driving up the price of Ethereum. This news also has a positive impact on tokens closely related to the Ethereum ecosystem, such as ENS and LDO.
**Analysis of the rebound of ENS and LDO:**
ENS (Ethereum Name Service) and LDO (Lido DAO Token), as important Ethereum ecosystem tokens, are directly affected by the rebound of ETH prices. Their strong performance reflects the market's increased confidence in the overall ecosystem. Your decision to buy ENS the night before yesterday shows your keen insight into market trends and investment courage. Although market fluctuations may bring short-term uncertainty, you maintain your confidence in the long-term trend.
**Technical analysis of Ethereum:**
Technically, yesterday's daily chart of Ethereum showed a secondary test of the daily moving average (Ma120), which is an important technical support level. If the price can stabilize above this support level, there may be room for a short-term rebound to around 3580. However, market trends are affected by a variety of factors, including sentiment, macroeconomics, and policy changes, so investors should consider these factors comprehensively when making decisions.
**Analysis of Bitcoin (BTC) trends: **
Compared to Ethereum, Bitcoin's daily trend is still relatively pessimistic. Although the market consensus is strong that it may fall to $50,000, the performance of the Bitcoin market may drag down the altcoin market. Therefore, in addition to paying attention to Ethereum, investors should also pay close attention to the trend of Bitcoin and the dynamics of the entire cryptocurrency market.
I hope the above analysis can help you better understand market dynamics and related investment decisions.

The stability of Bitcoin still needs further observation.
It is recommended to use a ladder strategy for trading.
The market has always given some optimistic signals recently, but then quickly returned to the cycle...
Today's immediate support level can refer to $64,200 and $64,880, while the immediate pressure is between $65,850 and $66,750-67,300.
During the transaction, please be sure to set a stop loss to avoid excessive holding risks.
When choosing altcoins, you can first refer to the performance of Bitcoin, especially Solana, Pepe, ZK coin, Dogecoin and Ethereum.
These suggestions are based on the immediate situation of the market, so be sure to do a good job of risk management.
For more knowledge and latest information in the field of cryptocurrency, please click on the avatar to publish market analysis and high-quality potential currency recommendations every day.

DOGE Price Analysis: The price of Dogecoin has fallen recently, reaching its lowest point since February this year. However, it appears to have found support and may be on the verge of a rebound.
Dogecoin may need to make key decisions in the near future, which will affect its future price movement.
Previously, DOGE price showed a huge descending triangle trend. While the bottom of the triangle provides strong support for DOGE, this support may become ineffective due to the overall bearish sentiment triggered by Bitcoin.
The sharp drop in the price of DOGE is just one sign that the Bitcoin market is collapsing. Cryptocurrency giant Bitcoin destroyed its key support level late on Monday, leading to a general decline across the digital currency market. According to data from CoinStats, the total market capitalization of the entire cryptocurrency industry fell by 3% in the past 24 hours.
Despite this data, Bitcoin’s Fear & Greed Index remains at 74 (showing greed), leaving the cryptocurrency community wondering whether this key market sentiment analysis tool is being manipulated.
Bitcoin’s market influence is significant, with its market capitalization share increasing from 51.5% to 52.1% last week, demonstrating its dominant position in the market.
Dogecoin investors pay close attention to the price movement of Bitcoin, as it directly affects their profits and losses.

The SEC has made it clear that the Ethereum ETF is expected to be officially launched at some point this summer, which is very consistent with the United States' usual style.
Currently, some market analysts predict that the product may be launched before July 4, and this prediction has a certain degree of credibility.
News and policy are both crucial factors for our investment decisions.
However, news usually lags. The cryptocurrency market is a global, 24-hour trading venue. For investors, it is impossible to stay up all day, stare at the phone to get the latest news, and make investment decisions within one minute of the news release. This is obviously unrealistic.
Even if you give up rest and health in order to make money, the final result is often that you don’t make money, and your body and life are seriously affected. In the financial market, we should not be brave for a moment.
Therefore, over-reliance on news and policies for investment decisions will appear very passive and may lead to the loss of many investment opportunities.
Then, for ordinary investors, a practical way is to analyze the market.
In the financial market, there is a powerful force, which we call "main force". They have a huge amount of funds, rich investment experience and top industry information. They have a keen insight into global development trends and can find opportunities and make layouts from them. The profits they earn in one wave may be beyond the reach of ordinary people in several lifetimes.
The fact is that the difference between professional and unprofessional is not in the performance of one or two days, but in whether they can put themselves in a favorable position for a long time.

Suddenly, the PEPE cryptocurrency market has set off a remarkable capital migration. A mysterious big player named 0xf226, known as the real "crypto whale", suddenly transferred PEPE assets worth a total of $2.1 million from his "big whale" wallet to the world-renowned Binance trading platform. The movement of this huge amount of funds is like a super bomb, which immediately caused a strong shock in the cryptocurrency market.
In the past 15 days, this "crypto whale" has demonstrated an astonishing ability to absorb capital, absorbing a total of up to $7.4 million in PEPE funds, a jaw-dropping figure. However, compared with its huge capital absorption, its total loss reached $1.1 million, resulting in a return on investment (ROI) of -15%. This has triggered people's thinking about what investment strategy this "big whale" has adopted and what actions he may take next.
At present, this "crypto whale" still holds a large amount of PEPE assets, totaling 190.7 billion pieces, worth about $2.1 million. These PEPEs are like unmined gold mines, waiting to be developed and mined. Investors in the market are closely following the movements of this "big whale" in the hope of gaining investment inspiration from it.
If you are a digital currency investor and want to follow the steps of this "crypto whale", then please pay close attention to us! We will provide you with the latest market trends and first-hand cutting-edge information. More importantly, we will share the bull market strategy layout to help you make steady profits in the cryptocurrency market! Let's swim in the ocean of digital currencies together!

DOGE Price Analysis: Dogecoin price has recently fallen, reaching its lowest point since February this year. However, it seems to have found support and may be about to rebound.
The price of Dogecoin fell to $0.113, which is the lowest point since February 2024.
The total market value of the cryptocurrency market has decreased by 3% in the past 24 hours.
Dogecoin Price Analysis: From late Monday night to Tuesday, the price of Dogecoin fell by 11%. The price fell to $0.113, which is the lowest level since February.
Dogecoin may need to make key decisions in the near future, which will affect its future price trend.
Previously, DOGE price showed a huge descending triangle trend. Although the bottom of the triangle provides strong support for DOGE, this support may become invalid due to the overall market bearish sentiment caused by Bitcoin.
This support level has been tested three times, and investors expect it to hold its ground this time. Although the descending triangle is not usually a bullish signal, if it breaks upward, it often brings a strong price rebound.
Currently, DOGE's price trend is below the 50-day and 200-day simple moving averages (SMA), which is a negative sign for the asset price.
Bitcoin's market influence is significant, with its market capitalization increasing from 51.5% to 52.1% last week, showing its dominance in the market.
Dogecoin investors closely follow the trend of Bitcoin prices because it directly affects their profits and losses.

1. Divide the funds into five equal parts, and only invest one of them each time! Set a maximum loss of ten points, a single mistake will only lose 2% of the total funds, and five mistakes will only lose 10% of the total funds. If the judgment is correct, set a stop profit of more than ten points. In this way, do you think you are still likely to be stuck?
2. How to improve the winning rate? Two words: follow the trend! In a downward trend, every rebound is an opportunity to lure more; in an upward trend, every decline may be a golden low-absorbing point! Do you think it is easier to make money by bottom-fishing or by absorbing at a low level?
3. Avoid contact with individual currencies that have skyrocketed in the short term, whether they are mainstream or copycat. There are not many currencies that can experience several waves of main rising waves. The logic is that it is difficult to continue to rise after a rapid rise in the short term. When the high level is stagnant, it is difficult to pull up again, and it will naturally pull back. Although the reason is simple, many people are still willing to take a gamble.
4. Use the MACD indicator to assist entry and exit decisions: When the DIF line and the DEA line form a golden cross below the 0 axis and break through the 0 axis, this is a reliable entry signal. When the MACD forms a dead cross above the 0 axis and runs downward, it can be regarded as a signal to reduce positions.
5. The inventor of the term "covering a position" is unknown, but it has caused countless retail investors to suffer losses in the market. Many people continue to cover their positions when they are losing money, and the result is that they lose more and more. This is the most taboo behavior in investment and fall into despair. Remember to increase your position when you are profitable, not when you are losing.
6. Volume and price indicators are crucial, and trading volume is a reflection of market vitality. When there is a large-volume breakthrough at the low level of the currency price consolidation, you need to pay close attention, and when there is a large-volume stagnation at the high level, you need to leave the market decisively.

**Important notice: PEPE coin investors please note! **
PEPE coin has performed strongly in the recent altcoin market decline and has been almost unaffected. The community has shown an impressive wait-and-see attitude, and large investors have also chosen to hold on, showing its strong market performance.
1. PEPE coin was created in April 2023 and originated from the popular Internet meme culture.
2. Since its inception, PEPE coin has achieved a ten-thousand-fold increase and is currently ranked third in the market value of meme coins, second only to Doge and SHIB.
3. PEPE coin itself does not have intrinsic value or specific functions. Its price fluctuations are mainly driven by market enthusiasm and are highly volatile.
4. At present, PEPE coins can be traded on almost all mainstream exchanges. It is recommended to choose well-known exchanges such as Binance, OKX, and Bybit for purchase.
The PEPE official Telegram group has more than 25,000 members and exchanges hundreds of thousands of messages every day. PEPE coin is popular based on the popular Meme dissemination strategy, but please note that PEPE has nothing to do with "Pepe the Frog".
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This Friday, about $1.927 billion worth of Bitcoin (BTC) and Ethereum (ETH) options contracts will expire for delivery. Specifically, these options contracts include more than $1.247 billion worth of Bitcoin options and nearly $680 million worth of Ethereum options. The maximum pain point price for Bitcoin options is set at $67,000 per coin, while the maximum pain point price for Ethereum options is $3,500 per coin. These deliveries will be completed this Friday (June 21).
For more knowledge and latest news about the cryptocurrency field, please visit my personal homepage. I provide position allocation strategies to help you make money in bull markets and accumulate more digital assets in bear markets.

You can now create your own meme token on the SOL blockchain. Some people spend $100 to create a meme coin, then promote it to $500,000 and eventually sell it to others, including you and me. This practice has become a new business model in the cryptocurrency space. Now, instead of investing in meme coins like PEPE in the hope of a tenfold increase, people are creating meme tokens and have the potential to make tens of thousands of dollars in just a few minutes. This behavior seems to be not severely punished, and you know why? Because people are looking for the next meme coin like PEPE that will increase their $100 to $10,000. So they keep trying, but they may fall for similar low-cost scams. These discussions seem to never end, and what we can do is not to support the purchase of these meme tokens, but to support the creators who create real value on Binance Square. Thousands of meme coins are created on the Solana blockchain every day, and 85% of meme coins face dumping within 24 hours (a drop of 98%).

Bitcoin, as the leader of cryptocurrencies, was not spared.
In the past 24 hours, about $21 million of BTC short positions and $19.86 million of long positions were liquidated. In this liquidation storm, the liquidation of short positions accounted for the majority, showing the market's uncertainty about the future trend of Bitcoin.
So, what exactly caused this large-scale liquidation?
First, the probability of the Federal Reserve keeping interest rates unchanged is as high as 90.7%, and the expectation of interest rate cuts has failed again, which is one of the main reasons for the market decline. After the expectations were dashed, traditional funds that wanted to deploy in advance chose to withdraw funds from the market to avoid risks.
The massive selling of ancient whales, the frequent transfer of Mt. Gox Bitcoin addresses, and the continued outflow of funds from US spot exchange-traded funds (ETFs) and Grayscale Bitcoin Trust (GBTC) also exacerbated the market's downward trend.
These factors worked together to hit market sentiment and weaken investor confidence.
However, some positive signals also emerged during the market decline.
Ethereum showed strong buying power. Despite the recent large price drops, a large amount of Ethereum was withdrawn from exchanges in the past day and week.
This shows that whales and big investors are still actively buying Ethereum in preparation for the upcoming Ethereum ETF. If the Ethereum ETF is successfully listed, it is expected to attract more funds into the Ethereum market, thereby driving up its price.
If Ethereum leads the mainstream market, it will undoubtedly inject new impetus into the bull market.
In the current market environment, investors holding altcoins are still in the majority. Once Ethereum remains strong, it will help the entire market enter a new stage of full prosperity. Therefore, in the face of such market opportunities, spot holders do not need to rush to change positions.
After all, in the field of cryptocurrency, steady operation is the best policy. It is wise to hold on to the assets in hand and wait for the right time. Blind operation may lead to more losses than gains.

The analysis of the mainstream cryptocurrency market is as follows:
For Bitcoin (BTC), it did not fall below the support level of $65,000 yesterday, and even rebounded in the second half of the night. However, altcoins failed to follow the rebound, and the market sentiment was relatively panic. Many investors chose to sell or transfer funds to Bitcoin and Ethereum. Therefore, despite the rebound of Bitcoin, altcoins continued to fall. In the short term, this situation may be difficult to improve. Although Bitcoin fell below $65,000 in the morning, the market did not fall further, and it is still unknown whether it can continue to fall below $65,000 in the future.
There are currently two possible scenarios:
The first is to observe whether tomorrow's daily line can stay above $65,236. If it can be repeatedly tested at this level without falling, there may be a rebound opportunity.
The second situation is that if it continues to fall, it may reach a minimum of $61,000, and may even test $58,000, and then there may be a sharp rebound.
In general, no matter how much Bitcoin falls, it will not have much impact in the long run, and its trend of falling back will rise again sooner or later. However, altcoins may experience a sharp decline again. Therefore, investors holding altcoins need to be extra cautious. It is recommended to convert 30% to 50% of altcoins into Bitcoin or Ethereum for hedging.
In terms of Ethereum (ETH), it has recently hit a new low with the decline of Bitcoin, but it has not shown a trend of further decline. In the short term, it shows a slow and volatile downward trend, and the current support level is $3,400 and $3,150. Considering that the Ethereum spot ETF license has been approved, although it has not been officially released, once approved, the influx of new funds may push up the price of Ethereum. Therefore, it is recommended to buy Ethereum on dips at the support level.

The price recovery of ZK may be driven by the active operation of the project and the effective liquidity management strategy.
At present, the market is short of liquidity, the willingness to buy is limited, and there are a lot of insider trading, which provides a certain opportunity for ZK to rebound.
Based on the above analysis, the following are some suggestions:
1. Carefully decide whether to participate: For individual investors, whether to buy ZK at this point in time needs to be carefully weighed.
2. Timely profit-taking: If you already hold ZK, it is a wise choice to sell it in time when the price rebounds. Don't be greedy, so as not to suffer losses in market adjustments.
3. Don't expect too much high gains: Even if there is a price increase, you should maintain rational expectations and consider taking profits at the right time.
4. Pay attention to market trends: Pay close attention to the market performance of ZK and the dynamics of the project party, and flexibly adjust the investment strategy.
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