On Saturday and Sunday, the trading volume of Binance spot BTC was only 1/4 of that on weekdays, and the trading volume dropped sharply. On the one hand, it can be understood as insufficient liquidity and weak rebound. On the other hand, it can also be understood as a decline with no volume and the end is coming. According to the on-chain data, the current stablecoin has fallen to the value on May 14. Around May 14, the price of BTC was also $63,000. More than 5 Fed officials spoke this week. On Thursday, Biden and Trump held their first televised debate. On Friday, PCE data was released. After falling for half a month, ETF funds have been net outflows for 8 consecutive days. At present, there are three words: patience, waiting, and ruthlessness. The next support level is $61,500, and you can add positions when you reach it.

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The 4-hour sideways fluctuation range of Bitcoin is 60430-61500. Pay attention to the position of 60990 at a small level. If it falls below and cannot close, the market will start to decline. The lower target/support level should pay attention to the bottom support of the sideways zone of 60400. If it cannot hold, continue to look at the positions of 60100-59810.
If the closing line stands above 60990, the 1/2 hour level will start to rebound, and the upper target/pressure level will be around 61500-62000.

The 4-hour sideways fluctuation range of Ethereum is 2885-2945. Pay attention to the position of 2920 at a small level. If it falls below and cannot close, the market will start to decline. The lower target/support level should pay attention to the bottom support of the sideways zone of 2885. If it cannot hold, continue to look at the positions of 2841-2815-2790.
If the closing line stabilizes above 2920, the 1/2 hour level will start to rebound, and the upper target/pressure level will be around 2945-2973-3015.

Some recent good news in the field of AI:
1. Sam Altman's Worldcoin is focusing on cooperation with PayPal and OpenAI.
2. WLD announced that it will launch its own public chain, which is expected to be launched in May or June this summer. WLD combines AI and Layer2 technology. Once the market value and circulation are launched, they may double and rise rapidly.
3. In May, the super AI sector ASI will merge. The merged tokens are fet, agix, and ocean. The merged ASI will become the number one player in the AI ​​sector, and IO will also issue coins in May.
4. Apple's developer conference is scheduled for June 10.
5. Google's 2024 io event will be held in May.
6. Chat GPT-5 will be released in June.

So far, this round is called a bull market where no one takes over:
Institutions are running the show, chain-level narrative, 1 billion valuation, unlocking the sale of coins when listed, but retail investors don’t take it.
BRC20 is issued fairly, retail investors have high-intensity execution to speculate on high targets, there is no time and space for the bottom to accommodate big money, so institutions don’t take it.
Coins supported by Binance are not listed on OK, and coins supported by OK are not listed on Binance. Each of them has its own mountain and each is looking for thugs. Everyone has a lot of projects in their hands, and exchanges don’t take over each other.
The East plays with inscriptions, the West rushes to depin, and now the West starts to rush to inscriptions and runes, and the East forms L2 again. The East and the West don’t take over each other.
Advocating playing new instead of old, the old market is difficult to support alone, the new market is not yet mature, and imitation markets are pouring in, and the new and old don’t take over each other.
Stock game, experienced in the battlefield, both are very smart, and those who stay are elites.

Ask everyone a question: VCs want to make money, KOLs want to make money, investors want to make money, project owners want to make money, CMOs and CTOs want to share the currency rights, people in the project team want inside information, partners want quotas, exchanges want to pay for listings, exchange listings want to short-circuit, market makers want to make money, market maker traders want to short-circuit, scientists want to get ahead, airdrops want to crash the market, short-circuit traders want to sell, I am a leek, what can I do to make money?

4.22 Midday Report:

1. BTC continues to surge, and the copycats, led by memecoin and ai, are frantically pulling the price;

2. When Solana started to pull the price, everyone in the Solana ecosystem also started to pull the price;

3. Only1 has raised $5 million to build an OnlyFans clone on Solana; Newman invested, everyone should be careful, in addition to meme and portal, blockgame has begun to cut leeks;

4. FTX will sell the next batch of locked Solana tokens at the auction;

5. Solana ecosystem DePIN protocol io.net has opened points query;

6. $GUMMY broke through the market value of 150m on the day of listing, and Solana's meme once again demonstrated the wealth-creating effect;

7. ZKasino_io ..After taking the pledger's money, unilaterally turned the pledger's ETH into its own token, compared the pledger's rights protection to FUD, and was unmoved. The founder still said that it was building; various investment institutions said they had not invested;

8. Unicross opened the Merlin Rune Cross-Chain Bridge, and RUFI was the first cross-chain Rune token;

9. BounceBit TVL exceeded 1 billion US dollars, of which the amount of BTCB pledged exceeded 796 million US dollars;

10. Rune Stone completed a snapshot a few minutes ago, and the airdrop amount was less than 1ku, but the holders were crazy about dumping the market. At present, the Rune Stone floor has fallen by more than 70%;

11. Yesterday, Bitcoin miners' income reached 106.7 million US dollars, a record high;

12. Jam So Creator Economy App's transaction volume exceeded 10 million US dollars within 72 hours of its launch;

13. Jupiter's second round of LFG Launchpad voting has ended, and Sanctum won 64% of the votes;

14. Mt.Gox claims form updated, compensation may be paid in BTC and BCH;

15. FTX investors reached a settlement agreement with SBF in exchange for SBF's assistance in prosecuting celebrity endorsers;

16. Today's rune market is not as hot as yesterday, gas has also been reduced, it is not a fomo market, and value discovery has begun

The market is volatile, contracts and local dogs should be participated in with caution

Runes are so popular that I would feel sorry for BTC halving if I don't try them, so I withdrew 1000u to buy runes without saying a word, and received 700u. I bought 500u, wanted to sell them at a loss, but found that the handling fee was not enough, so I recharged 500u again, and received 300u. I sold them all and sold 100u. In total, I recharged 1500u, sold 100u, and transferred it to the exchange. I still have 3u left. Finally, I did not miss this wave of market. I can proudly say that I don't owe BTC anymore.

#Runes符文 is very popular. Has everyone played it?

#0: Hard-coded Uncommon·Goods is deployed by the protocol founder @rodarmor. It is limited to 4 years and unlimited. Don’t rush to give money now. It’s not too late to layout in the bear market.

#1: Z•Z•Z•Z•Z•FEHU•Z•Z•Z•Z•Z. The economic model is not good. Don’t participate.

#2: DECENTRALIZED is deployed by Prometheans launched by @CyberKongz.

#3: DOG•GO•TO•THE•MOON is deployed by the Runestone project. The total amount is 100 billion. Each NFT can get an airdrop of 889,806 tokens @LeonidasNFT

Everyone is silent about this halving. The coin price is not rising. The gas fee is high. I can’t afford to write inscriptions. The contract is stuck up and down. When I woke up in the morning, I found that the warehouse is gone again.

Last year:
ETF was about to pass!
ETF was not passed again!
ETF was about to pass!
ETF was not passed again!
This year:
They fought!
They stopped fighting!
They fought again!
They stopped fighting again!

Which coins are suitable for bottom fishing:

1. Public chain: ETH SOL

2. AI sector: WLD RNDR

3. MEME coin sector: PEPE WIF

4. Game sector: YGG, GALA

5. RWA sector: MKR ONDO RIO

6. LAYER2: OP METIS

7. Sports sector: CHZ

8. Inscription: ORDI

9. DEFI: AAVE INJ LDO SSV

10. New coins on Binance: SAGA ETHFI AEVO

Wen Tixin pointed out: Three poisonous tumors in the currency circle
1. Free mining with USDT in Ouyi wb3 or TP wallet, which is called free in and out, the link is poisonous, and the authorization steals u
2. Buy oil at a high price, use Tokyo recycling card, download the poisonous im wallet, which is poisonous and steals oil,
3 strangers add you in the group and ask if you know friends who exchange u and ask for introductions!
Strangers add WeChat and push 3 messages, you can delete and block them directly, remember, there will be no traps in the sky

There are still 4 days until the Bitcoin halving, and the market is rebounding!
There are two suggestions for operation now
First, don’t move if you are trapped before, just hold it, it will definitely come back!
Second, if you have bought the bottom in the past two days, you can consider withdrawing the principal if you have made more profit!

To be honest, playing in the cryptocurrency world can really change your class. I used to be a young man with a little money. To be honest, I sometimes admire myself now. From time to time, I want to steal some batteries and deliver food. Every day, I try to buy and sell food delivery batteries.

Binance event is coming! XAI staking ecosystem - the fourth phase of the national essay contest is coming!

Use the tag #Xai质押 to publish content in the square and you will have a chance to share 20,000 XAI rewards

For details, please see: https://www.binance.com/zh-CN/square/post/6616354565306

I didn’t expect to see Binance on the unicorn list. It was unexpected but reasonable. Binance is getting stronger and stronger.

When will this incredible wealth come to me? Compared to my own failure, the sudden wealth of my friends makes me more heartbroken.

Let's talk about the security of #Merlinchain today

Merlin Chain is undoubtedly the hottest native second-layer network of Bitcoin at the moment. The mainnet reached an astonishing TVL of 3.5 billion US dollars in 30 days after it was launched, attracting more than 200 projects to enter the construction. After Merlin launched the second-layer mapping assets, multiple ecological projects successively released major updates, and hundreds of millions of US dollars of liquidity poured in. The unprecedented popularity once caused congestion in the Bitcoin network. But if an ecosystem undertakes billions of funds, in addition to bringing prosperity to the ecology and liquidity, it also means being exposed to the dangerous dark forest of blockchain.

As an emerging #BTCL2 , Merlin has taken security into consideration in every aspect of its own architecture design, and has joined forces with multiple security teams such as SlowMist, plus layers of plug-ins, to jointly build a strong defense line for fund security.

Merlin Chain adopts a multi-token pledge Oracle node system. The sequence node is responsible for collecting and batch processing transactions, generating compressed transaction data, ZK state roots and proofs. This data is compiled by the Oracle network execution circuit and uploaded to the Taproot of the Bitcoin mainnet, making it publicly accessible to the entire network.

Diversified assets: Supports staking of $BTC , $MERL, and other mainstream brc20 assets, improving flexibility and risk resistance

Proxy staking: Not only allows users to directly stake assets to become Oracle nodes, but also provides more flexible proxy staking options, allowing users to entrust assets to existing, reputable Oracle nodes for management

Real-time monitoring: Users can view their proxy staking status and income in real time, as well as the performance records of proxy nodes

Exit mechanism: Provides a flexible exit mechanism, users can withdraw their assets at any time to ensure the liquidity of funds

By decentralizing power and data, Merlin Chain is able to resist the risks brought by single point failures and centralization.

Shared DA layer security with Celestia

The data storage layer (DA) is similar to a database, where all original transactions of the execution layer are stored for subsequent verification and confirmation. For Layer2, the openness, transparency and on-chain storage of DA are extremely important. If the latest transaction data is not uploaded to a trusted platform, the data withholding attack will cause the network to be scrapped and may prevent users from withdrawing funds smoothly.
#Merlin #MerlinSwap #btc生态