Sharing personal opinions, DYOR! Please communicate in a civilized manner and debate rationally, and block those who argue!

$BNX plunged 30% overnight, $LDO plunged 20% overnight. The altcoins were suppressed just as they were getting better, which shows that the real market has not yet bottomed out. Pessimistically speaking, it is possible that the market has entered a bear market. Many altcoins are estimated to have gone bankrupt in this round.

$SOL A big positive line, thousands of troops come to meet!
$ETH The rebound is also very strong, the ETH/BTC exchange rate is 0.056, and it has risen by 2.34% in 24 hours.
$BTC On the contrary, the trend lags behind strong altcoins such as ETH and SOL.
In "6.25午间行情复盘：市场超跌反弹，山寨企稳", I said that SOL can be used as a barometer of altcoins. If it launches a strong attack today, it is expected to lead the altcoins to charge collectively.
However, it is still a short-term market repair at present, and there is no stabilization signal at the daily level, so we still need to be cautious.
Pay attention to Brother Yu, and the currency circle will not be cut.

$LISTA was unlucky when it went online, and was dragged down by the market, falling from $0.85 to $0.54. As Binance's favorite child, and with the launch of the LISTA RUSH event, the price of LISTA quickly stabilized.
As the governance token of Lista DAO, LISTA can be used for protocol governance, and users convert LISTA tokens to veLISTA. You can enjoy higher voting rights.
Holding LISTA can enjoy multiple benefits. Staking LISTA on the Listapie platform currently can obtain Lista points and Listapie's waves, including the upcoming LTP token airdrop and IDO quota allocation.
Users who stake BNB in ​​ListaDAO can obtain slisBNB, which is a yield-based liquidity staking token that can enjoy the protocol income of the BNB network itself. At the same time, it can also be traded or used as collateral. For example, depositing slisBNB in ​​Astherus can not only obtain Astherus points, but also ListaDAO and Stakestone points.
Just as stETH is to Ethereum, slisBNB is the LSDfi leader of the BSC network. In the future, more and more protocols will cooperate with Lista DAO to promote the adoption of slisBNB in ​​the field of liquidity staking. $LISTA

#Lista启航新纪元

$BTC A big positive line, thousands of troops come to meet!
Big pancake rushes forward!

How to avoid getting interest and losing the principal when staking?
A few days ago, a joke about staking altcoins and losing it to zero was circulated in the group. For example, if you staked ATOM at $40, it is only $6 now. Judging from the price, investors are in a miserable situation.
Staking usually has interest, and some projects will receive airdrops from other projects.
How to avoid getting interest and airdrops, but losing the principal?
We can use hedging methods, as follows:
For example, you buy 100 ATOMs at $40 to participate in staking, in order to obtain interest and potential airdrops.
The principal invested is 4000U.
At this time, you continue to take out 4000U to open a short position, 1x short position, and the liquidation price is about 80U.
The total investment cost is 8000U.
Then, as long as the price of ATOM is below 80U, even if the price of the currency finally falls to slag, our principal will not be lost.
If it exceeds 80U, then from the perspective of the gold standard, we will not lose anything. For example, if the price rises to 100U, the total value of the 100 ATOMs pledged is 10000U. Because the hedging position has been liquidated at 80U, the value of the hedging position is 0. Therefore, the total value is 10000U+0=10000U. Compared with the initial investment of 8000U, it is profitable.
However, if it rises and then falls, for example, it rises to 100U and then falls to 5U. At this time, because the hedging position has been liquidated, the value of the pledge is 100*5=500U. The total value is: 500+0=500U. Compared with the initial investment of 8000U, it is obviously a loss.
Unless, the airdrop income obtained during the period can make up for it.

Summary:
1. The purpose of hedging is to obtain interest and airdrop income, rather than expecting to obtain price difference income from the currency price. If you want to eat and take, you want the currency price to rise, you want interest, and you want airdrops, then the most likely result is that the currency price will return to zero.
2. The leverage of hedging should not be too large, as the crypto market fluctuates greatly. It is easy for the price to remain unchanged while the position is gone.
I hope this helps you. Follow Brother Yu, and the cryptocurrency circle will not be cut.
#质押 #Cosmos
$BTC
$ATOM
$ETH

6.25 Midday Market Review: Market Oversold Rebound, Altcoins Stabilize

$BTC After falling at midnight, the current rebound is very strong. The 60,000 mark seems to be a solid fortress. It was quickly recaptured after being taken by the Air Force.
$SOL can be used as a weather vane for observing altcoins. At the beginning of the year, it led the altcoins to a small climax. The adjustment during this period was also the first to lead the decline. Then the rebound last night was also very good. It seems that there is a trend of stopping the decline, and it may lead the altcoins to counterattack.
$ETH has a clear positive, which is the ETF in early July. The sharp drop last night should have cleared out the high-leverage speculative funds, and the car was lighter, so it was easier to get on the road.
However, it is still a market repair after a short-term oversold, and it has not broken the downward trend in the large cycle range. We still need to continue to pay attention to the subsequent trend and make plans.
Yesterday's negative news has been digested, and there is no special news worth paying attention to from the Federal Reserve this week.
This gives the bulls some breathing time and an opportunity. It depends on whether the main force can be used.
#Mt.Gox将启动偿还计划

The altcoins stopped falling, has the market bottomed out?
BTC continued to fall to $58,400 around 4 a.m. today, but the prices of ETH and many altcoins did not hit new lows at the same time.
This shows that the market may have bottomed out in the short term.
Emotional aspect: The fear and greed index fell back to 30, indicating that the market is in a state of fear.
The market is always against human nature, but when most people panic, it is a buying opportunity in the market.
Personal opinion sharing, DYOR!
Follow Brother Yu, and you will not be cut on the road of the currency circle.
#Mt.Gox将启动偿还计划
$BTC

$ETH

PVP of funds in the market, is it the end of bad news or the last chance to escape?

Today's biggest news is that Mt.gox in Mentougou will repay BTC and BCH from July. Affected by this news, BTC fell below 63K and ETH fell below 3.3K.
Previously, the cryptocurrency circle followed the rise and fall of the US stock market. Recently, the cryptocurrency circle followed the fall but not the rise. Perhaps the market is worried about the bad news of Mentougou.
As the sword of Damocles that has troubled the cryptocurrency circle for 10 years, the compensation of Mentougou has been settled. This long-term bad news has landed, and it is difficult to have a bigger bad news later.
On the other hand, the current market contract holdings are at a historical high, and more funds are needed to drive the rise. Before the Federal Reserve does not cut interest rates, the inflow of funds from the off-site market is limited.
So, the current market is the PVP of funds in the market, and everyone wants to take money out of the other party's pocket.
In such a stock capital market, you lose money before the other party can make money. The contract market has the largest liquidity of BTC, and observing the contract liquidation may be helpful for the future market.
At present, if long orders are liquidated, shorts can make a profit of 300 million US dollars; if short orders are liquidated, longs can make a profit of 1.1 billion US dollars.
If you are the main force, how should you choose?
#Mt.Gox将启动偿还计划
$BTC
$ETH

$BTC Bulls bought orders, and another 200 million was blown up!
According to Coinglass data, the entire network has blown up 270 million US dollars in the past 24 hours, of which long orders have blown up 250 million US dollars and short orders have blown up 19.38 million US dollars.
Alas, the market is going down, and those who are long are in trouble.
Unexpectedly, the negative news from Mentougou has such a big impact on the market. As soon as the media released the news, the market fell. It feels like the dog dealer cooperated with the short selling.
Ethereum plugged in 3210, and the big cake struggled to support at 60,000. When the Americans go to work and take a look at the market, they will probably scold the traders on the other side again.
#Mt.Gox将启动偿还计划
$BTC
$ETH

$BTC Attention, Mentougou is here again!

According to market news, the trustee of Mt. Gox in Mentougou said that it has been preparing to repay in BTC and BCH according to the recovery plan. Now that these preparations are ready, the trustee will start to repay BTC and BCH to the cryptocurrency trading platforms that have completed the exchange and confirmed the required information at an appropriate time. Repayment will start in early July 2024.
Let's talk about Mentougou, which was once the largest exchange in the token circle in the "ancient times". After 950,000 BTC were stolen by hackers, it went bankrupt in 2014, and later recovered about 140,000 BTC.
Then there was a 10-year compensation process, during which they said they would pay every time, but they were delayed every time.
Mentougou hangs over the head of the currency circle like a sword of Damocles. Every time it appears, it is regarded as a negative. After all, over time, the value of these BTC has increased hundreds of times compared to 2014. Everyone is worried that once investors take back their assets and sell them in the market, it will cause violent fluctuations.
In fact, under normal circumstances, the bitcoins released by Mentougou have no impact on the market.
Previously, according to Mindao, most creditors have sold their claims to funds, and this part of the selling pressure has long been hedged. And the creditors who hold on to the end will not sell all of them after getting them.
It is easy to understand that most of these early users are Bitcoin diehards, and they have made huge profits. Selling a little bit is enough to recover the early principal, so there is no need to sell all of them.
It rains all night, and the market is so fragile now. Mentougou joins the fun at this time. I don’t know if it is intentional or coincidental.
In short, you don’t have to be paranoid and make your own plans.

Pay attention to Brother Yu, stay away from the dog village and don’t get cut!
#Mt.Gox将启动偿还计划
$BTC
$ETH

$GRT Big investors can't stand it anymore, 16 million GRT transferred to the exchange!
According to The Data Nerd, GRT's early investor "Notilus" has transferred more than 16 million GRT to the Kraken exchange in the past 24 hours, currently worth $3.2 million.
GRT was once a 100-fold coin, with an issue price of about $0.03, and reached a high of $2.8 in the 2021 DeFi bull market.
According to the current price of $0.2, early investors are still profitable. But selling after shrinking 90% from the high point, does it mean that big investors can't bear it?
If the cottage season doesn't come again, it is estimated that more people will be unable to stand it and sell.
$GRT

$BTC is accelerating its decline, so hold on tight!

Just now, BTC fell below 63K and ETH fell below 3.4K.

On the news front, today, a whale named smartestmoney.eth transferred 3,000 ETH to the exchange, causing panic in the market, and everyone thought it was going to crash. However, the whale explained that the transfer to the exchange was for long positions in the currency standard.

It's a bit against common sense, and I don't know if it's true or not.

In addition, Sun Ge has been buying Ethereum these days, and has withdrawn 13,967.7 ETH from Binance in the past three days.
According to statistics, Sun Ge has never failed to buy at the bottom, and I don't know if he can hold on this time.

BTC's K-line is ugly. When the market is good, he pees three feet in the wind, and when the trend is bad, he pees his shoes with the wind.
$BTC

$ETH

$BTC
Brother, I'm leaving blockchain first.
All good things must come to an end. This feast has come to its final moment. The delicacies from land and sea have long been eaten, leaving only the leftovers and the mess.
Smart people have already eaten their fill and quietly left the table, but you are still reluctant to leave after realizing it, knocking the bowl with chopsticks, fantasizing about the next delicious and rich main course, but in the end you are greeted with a huge bill for this feast.
Someone always has to pay for the feast, and this time it's you again. ——From group friends

$BTC

$ETH

Can't hold on any longer, the price of Bitcoin fell below 63,000!
The market is too weak, and Bitcoin has no resistance. It fell very smoothly, and 63,000 collapsed at the touch of a button, which will undoubtedly intensify the panic in the market.
I looked around, and the editors of the cryptocurrency media are probably still on their way to the subway. There is no news on the Internet, and there are a bunch of bloggers who sing bullish songs on CT. I didn't find any bad news.
In fact, if there is a real plunge, it is not terrible. What is terrible is the continuous and slow decline. This kind of decline is like a sharp knife, constantly cutting meat from investors, making people feel powerless and desperate.
I hope the bull market is still there. $BTC
$ETH

$BAKE plummeted 25%, stop providing liquidity to the dog dealer!
Wake up and wash your face with a waterfall!
Bake plummeted 25%, #Turbo fell 10%, and other cottages fell by more than 5%.
Bake's traders are disgusting, rising slowly and falling quickly, and wiped out the gains of the past week in one breath.
The cottage currency is easy to be manipulated, and small retail investors are just fish to be slaughtered. In the short term, the dog dealer may make you some money, but it will fatten you up. When to close the net and kill the fish depends entirely on the mentality of the main force!
In the recent period of cottages, every rebound high will be lower and lower, and it is clear whether it is a bear market or a bull market.
Stop playing cottages and don't provide liquidity to the dog dealer!
Pay attention to Brother Yu, stay away from the dog dealer and don't be cut.
$BTC $ETH

$ETH flashed down at 4 am, is the bull market still there?
Wake up and wash your face with waterfalls!
The dog dealers are getting more and more insidious. Instead of killing the decline on the weekend, they started at 4 am on Monday, and ETH fell below 3,400 points.
The market is getting weaker and weaker. $BTC has been falling for three consecutive months, and the rebound highs are lower each time. At the weekly level, it looks very similar to the M top.
The only positive thing about Ethereum is that the ETF is expected to pass in early July, so the recent trend is slightly stronger than that of Bitcoin, but it has not deviated from the downward trend.
So, is the bull market still there?
No one can predict it. If you cut the boat to find the sword, everyone's "boat" is different, and the conclusions are different. However, many past experiences have failed in this round of bull market. For example, Ethereum did not set a new high at the same time as Bitcoin, and the new high of Bitcoin did not usher in the cottage season, but the cottage festival, so we can only take one step at a time.
$ETH

$FIL is in a big police station!
What big police station? A police station!
According to the announcement of the Hanshou County Public Security Bureau, in the investigation of the "3.28" illegal use of information network case, an illegal website named stfil was investigated and dealt with, and a batch of FIL virtual coins were investigated and dealt with according to law.
In order to find out the facts of the crime, the Hanshou County Public Security Bureau urged the website's pledge users and borrowers to come to the Public Security Bureau to report the situation and provide relevant evidence materials before July 10.
If the situation is not reported within the time limit, the virtual currency will be dealt with according to law in accordance with relevant laws and regulations.

According to the announcement of STFIL Protocol in April, the core technical team of the project was being investigated by the local Chinese police at that time.

It is really difficult to play a coin now. There are hacker attacks on the chain and the pledge platform will explode. Even if you are lucky enough to avoid hackers and scammers, the price of the coin in your hand may eventually fall to zero. 😭

I am Yu Ge, sharing the latest coin circle information every day!
#filcoin

Versailles, the senior witch reflected after receiving 6.6 million ZK airdrop: It’s not enough to buy a Lamborghini!

A user named "k1z4" recently shared the airdrop results of ZKsync (ZK): 350 wallets received 6.6 million ZK airdrops, currently worth a total of 1.2 million US dollars
In this regard, the user still felt regretful and said that it was not enough to buy a Lamborghini or a Beverly Hills villa.

The total investment cost of this user includes:
Gas fee: 30 ETH, currently worth about 30*3500=105,000 USD
Robot cost: 21,000 USD
2 employee expenses: 50,000 ZK per person, currently worth about 0.18*2*5=18,000 USD
Total cost: 10.5+2.1+1.8=144,000 USD
Total return: 120/14.4=8.3 times

In fact, this user originally wanted to study blockchain technology, but later found that he could make money, so he simply became an airdrop hunter.
After receiving the airdrop, the user also ridiculed the project party, believing that ZK could not operate normally despite raising $400 million.

This is the current situation of coin flipping: the project party relies on coin flipping users to create daily active data, and then takes these data to VC institutions for financing. After financing, the project party and institutions cash out from the secondary market, and the leeks take over at a high valuation. As for whether the project can be used, no one cares.

Follow Brother Yu and get new knowledge about the currency circle every day.
#币安上线ZK #撸毛
$ZK $ZRO