A market veteran who has experienced many hardships and is known as the "old leek"👀

👉Focus on spot contract trading and keep an eye on the latest developments of Web3. Crypto Research Institute fights side by side with whales, and we work together to pursue the path to market success.

👉We keenly capture the changes in the sector, keep up with hot trends, and constantly look for new market opportunities.

👉Web3, L2, AI artificial intelligence, DeFi, Lsd, Rwa, GameFi, modularization, public chain... These are all areas we focus on. At the same time, we also pay close attention to various dynamics of encryption and push them on the planet🌍, striving to capture more opportunities in the market.

#Btc #ETH #BNB

The CPI data is very beautiful.

First, this data cannot be said to be without water. Based on my previous analysis of the impact of the European interest rate cut, the US import price to Europe will fall in the future, and the US CPI will have a downward trend. So the statistical agency can be bolder. (Of course, it will not be too different. It can only be a little manual in statistics, and it will not be made up out of thin air)

Secondly, based on the CPI data, the probability of the late night dove chart increases, the probability of hawking decreases, and the probability of being very hawkish is even smaller.

If it is dovish, it will rebound
If it is hawkish, it should also rebound, after all, it fell in advance
Unless it is very hawkish, but this probability is obviously smaller.

Finally, don't be too optimistic, it's still the same point of view:
Emotions determine the bottom, and funds determine the top.

Now the mood has improved, and the bottom will temporarily rise, but the top, affected by the high interest rate and balance sheet shrinking environment, don't have too many illusions about the top.

Note that the key points for newbies to choose recharge merchants are:

Registration time: It is recommended to choose merchants with a registration time of more than 1 year, preferably more than 2 years.

Number of transactions: Consider choosing merchants with a certain transaction volume. The larger the transaction volume, the higher the reputation may be.

Success rate: Pay attention to the merchant's successful transaction rate, which is an important indicator to measure its credibility.

Authentication information: Make sure that the merchant has completed video authentication and mobile phone authentication.

Frozen deposit: Check whether the merchant has a frozen deposit, which is another guarantee of the merchant's reputation.

Merchant logo: Be sure to click on the merchant's avatar to check its registration time, number of transactions, success rate, and whether the authentication information is complete! Generally speaking, merchants who have been merchants for a long time and have frozen deposits are less likely to become black merchants!

When choosing a trading merchant, avoid only pursuing the lowest price and choosing the merchant with the most favorable unit price. Some bad merchants may set very favorable U prices, but in order to quickly siphon money, there are risks.

For large amounts, it is recommended to use non-issued bank cards for deposit and withdrawal operations to ensure the safety of the operation.

Summary: When making deposit and withdrawal operations, it is very important to choose the right merchant, and secondly, avoid frequent deposit and withdrawal operations! #BTC☀ #ETH🔥🔥🔥🔥

Attention! Three major crypto events that will happen in the next 24 hours (focus on)

(1) At 8:30 p.m., CPI data will be released. If it is lower than expected, it will be positive. If it is lower than expected, it will be positive.

(2) At 2:00 a.m., the Federal Reserve will release its interest rate decision and economic outlook summary (FOMC meeting).

(3) Around 2:30 a.m., Federal Reserve Chairman Powell will give a speech.

#BTC跌破69000 Tonight 🈳 Jun has another sweet dream! 👀

How to effectively make a profit in the cryptocurrency circle? Here are a few strategies for your reference:

1. If you have limited space and have little understanding of the market, the simplest approach is to focus on large mainstream currencies such as BTC, ETH and BNB. Although you may not get a high return, it is actually profitable for novices to avoid losses.

2. If you don’t have much space but have a certain amount of experience and vision, and can identify potential emerging projects and market factors, then you can consider buying low-market-value projects that have not yet been fully explored by the market.

3. If you have a moderate size of space and have a certain understanding of the market but not in-depth, you can adopt a balanced strategy: invest most of the space in high-quality mainstream currencies, while using a small part to chase the market’s hot projects.

4. If you have sufficient space, you can adopt a more stable long-term fixed investment strategy, buy a large amount at the market low and hold it, ignore short-term price fluctuations, and focus on the big cycle of income.

5. If you have been losing money in the market and don’t know how to deal with it, then you might as well consider laying out some potential currencies with me. Follow the homepage to learn more about my trading ideas. #bnb历史新高 #山寨季何时到来？ #5月非农数据即将公布

It is only a matter of time before BTC reaches a new high. Many people are currently in deep entanglement, not knowing whether to continue to hold on or take the opportunity to profit.

For retail investors, it is not wise to try to frequently sell high and buy low in this market. A more sensible approach is to focus on medium- and long-term strategies. This market is unpredictable and often runs counter to retail investors' expectations.

If you are eager to cash out and leave the market at the beginning of the bull market, you may miss the subsequent rising opportunities, and it will become difficult to get on the train again.

ETH is a vivid example. When the price was below 3,000, many people chose to sell because they were worried about the market falling, waiting for a lower price to buy again. However, when the price rose to 3,800, these people were in a dilemma: buy or not?

Most people may choose to wait and see. But the market often does not wait for people. Once you decide to enter the market, the market may have begun to pull back. Therefore, for retail investors, it is a more prudent strategy to stay away from short-term operations and focus on the medium and long term.

The non-farm payrolls data to be released at 8:30 tonight has attracted much attention.

Regarding the unemployment rate expectations, if the actual data is higher than the market expectation of 3.9%, it will be regarded as good news; otherwise, it will bring negative impact.

Regarding the expectations of non-farm payrolls, if the actual data exceeds the market expectation of 185,000, it may put negative pressure on the market; if it is lower than the expectation, it will be regarded as good news.

#ORDI #RATS #SATS Something big is coming!

In the last round of BTC ecosystem boom, Sats surpassed Ordi for a time, but the good times did not last long, and Ordi quickly regained its leading position. Today, Dog wants to challenge Ordi's dominance, but objectively speaking, Dog lacks the strength to surpass it in the long run.

Ordi is gradually coming out of the trough, and if Dog wants to be listed on large exchanges, it will inevitably face the shipment and large wash of large investors. If it fails to land successfully, it may face a sharp correction. Therefore, DOG's current upward momentum mainly comes from the expectation of landing on large exchanges, which is quite similar to the scenario of Rats's expectation of listing on Binance last year.

As the leader of the BTC ecosystem, Ordi's status is far beyond that of other protocols and memes. It is the success of Ordi that has laid the foundation for the current BTC ecosystem, and its journey has just begun.

#ustc币 #lunc币 #luna币 🚀🚀🚀
Smart money is flowing from luna to USTC and LUNC, maybe someone knows something
👀

Review of major developments in the cryptocurrency circle on June 7, 2024:

- The Fed's expectations for a rate cut in September have increased, and the market generally predicts that 185,000 new jobs will be created, which will bring certain benefits to the market.

- Justin Sun made another move, spending 15,000 ETH to buy Pendle. So far, his cumulative investment has reached 48,000 ETH, showing strong confidence in the market.

- Today, a large investor withdrew 84,500 GMX from the BN platform, with a total value of approximately US$3.7 million, which has attracted widespread attention from the market.

- Just within 4 hours not long ago, a multi-signature address suspected to be the LPT project party withdrew LPT tokens worth up to US$740,000 from BN, which had a significant impact on the market.

- Two large investors sold a large number of LINK and UNI tokens in succession in the past 12 hours, selling a total of 371,000 LINK and 541,000 UNI, making a huge profit of US$797,000.

- A user spent $5.2 million to buy 29.25 billion BEER tokens, and the current floating profit is close to $6 million, showing his accurate vision.

- The co-founder of the W platform hinted that the platform will launch a staking function, which is expected to provide more options and opportunities.

- BNB-BN officially announced the launch of IO Launchpool, and trading activities will be officially launched on June 11, injecting new vitality into the market.

- The CFX project actively expanded cooperation, joined the Belt and Road delegation, and signed a memorandum of understanding with AIFC and Aral Petroleum Capital, planning to launch the AxHKD stablecoin in Q2, showing its ambition for international layout.

- The CPOOL platform revealed relevant announcements about the Base chain or CB, which aroused market expectations and attention.

- The GME platform ushered in an important moment. Roaring Kitty will be officially launched at 16:00 UTC on June 7, bringing new opportunities to the market.

- INJ published the first comprehensive paper on the INJ token, detailing its utility and deflation mechanism, providing a deeper understanding.

- JTO has partnered with Phantom to launch native liquidity staking on Solana, providing the market with more liquidity options.

- SAND has successfully raised $20 million through convertible bonds co-led by Kingsway Capital and Animoca Brands, supporting the further development of the project.

- The PANDORA project released a beta version of the ERC-404 Launchpad and announced that 5% of each issued token will be airdropped to PANDORA holders, bringing additional benefits to holders.

- PHA platform announced that it will soon launch multi-AI agent robots, heralding further upgrades in the platform's intelligence and automation.

Telegram is continuing its active momentum, and PHA has entered its fifth halving cycle, which has undoubtedly attracted widespread attention in the industry.

The founder of RSS3 recently sent a signal that seems to suggest that Google has launched the RSS3 node and is running. This news is undoubtedly a great encouragement for participants in the RSS3 ecosystem, and also shows the potential for cooperation between the RSS3 project and mainstream technology giants.

ZEN has proposed a strategic technical plan for migrating ZEN and EON. The vote for this plan will officially begin on June 18, which will be an important moment to determine the future development direction of ZEN.

ZIL's team also seems to be brewing important news, suggesting that an important announcement will be released tomorrow. Although the specific content has not yet been revealed, it has already triggered widespread speculation and expectations in the market.

DYDX will also make a major announcement today. Judging from the content it implies, it seems that there will be major progress or breakthroughs, and it may even exceed the impact of its previous Android release. This news will undoubtedly bring great expectations to DYDX holders and followers.

After the PEPE craze, the new 100-fold meme coin is here!

Floki and Not, who will become the new favorite of the market and set off the next wave of craze? Last week, the PEPE coin hit a record high of $0.000017256 with amazing performance. This year, the meme coin has increased by an astonishing 1000%! Data shows that more than 96% of PEPE holders have enjoyed doubled or even higher returns. This craze has swept the entire crypto market, which is amazing!

The name FLOKI is inspired by the role of the Vikings, and its community members proudly call themselves "Floki Vikings". When the technology giant Musk named his Shiba Inu Floki, the FLOKI token seemed to be given extraordinary significance. As a meme coin, FLOKI is a decentralized project led by the Floki Inu community, and its core team always represents the interests of the community. Relying on the ETH network, FLOKI has emerged in the world of digital currency and attracted much attention.

The uniqueness of Floki lies in its rich functions, which distinguishes it from traditional currencies and other cryptocurrencies. Among them, community governance is a highlight of Floki. Friends who hold Floki have a say in the future development and direction of the project. This democratic governance model makes Floki more attractive.

And NOT has attracted widespread attention from the market with its amazing performance. In the past week, the price of NOT tokens has soared by more than 200%, once approaching the skyline of the opening price, and now it is still stable at around $0.0237. This crazy performance is jaw-dropping. Who exactly is NOT?

The reasons for being bullish on NOT are indeed convincing. As the token of the popular social click game on Telegram, the game not only attracts a large number of users to participate, but also continuously improves the user experience by adding innovative measures such as leaderboards and squad functions. At its peak, the number of users reached an astonishing 35 million. This huge user base provides a solid foundation for the future development of NOT tokens.

Now, both Floki and Not have shown strong market potential and broad development space. Who will become the new favorite of the market? We still need to wait and see. In this volatile crypto world, only projects that continue to innovate and adapt to market changes can stand out and become trend-setting leaders.

NOT, as the core token in the Notcoin ecosystem, has provided users with a space full of unlimited exploration and entertainment on Telegram. What is even more exciting is that:

- It has been successfully listed on BN and has been enthusiastically sought after and widely supported by users.
- At present, all NOT tokens are in circulation on the market without any reservation.
- The market has firm confidence in the TON ecosystem and has made leveraged bets on it, looking forward to its continued prosperity in the future.

Inj recently announced a token burn plan, which includes the immediate destruction of 12,000 INJ tokens, with a further destruction of up to 6 million tokens scheduled for next week.

This type of destruction is not uncommon in the crypto space, and its main purpose is to reduce the number of tokens in circulation in order to increase the value of the remaining tokens. Although Inj's actions are part of its continued efforts to manage the supply of its native INJ token, the specific motivations have not been publicly explained in detail.

INJ's accelerated token burn also reflects the growing trend of its network usage. Although the circulation of INJ tokens is low, it is balanced by burning part of the supply. Currently, Inj is in a period of rapid development and is actively involved in areas such as NFTs and Web3 games.

The token burn action has boosted the price of INJ, causing it to climb to $28.28.
Inj's ultimate goal is to achieve deflation and strive to be one of the leaders with the highest token burn rate.

Overall, Inj's token burn activities seem to be aimed at controlling token supply, enhancing token value, and as part of its overall strategy to promote its continued growth and development in the crypto space.

How do you view the current market situation and how should you respond? Analysis of several key points:

1. BTC spot ETF achieved a net inflow of approximately US$610 million and US$330 million the day before and yesterday, respectively, showing that institutions are actively buying in, which undoubtedly brings bullish signals to the market.

2. The Bank of Canada has already implemented a rate cut policy in advance, and the market generally expects the Federal Reserve to cut interest rates in advance. This expectation has triggered early speculation in the market, and the impact of the rate cut on the market is gradually emerging.

3. There are currently many bearish people, with more than US$1.5 billion in short positions waiting to be liquidated at US$72,000, but the short force may become a booster for the market. In this case, the market appears to be safer, and BTC is expected to break through the 73,000 mark.
Once the breakthrough is achieved, other altcoins are also expected to follow the rise and usher in a new spring.

4. Finally, judging from the daily K trend of BTC, the bullish trend is still strong and has not shown signs of peaking. After a period of consolidation and repair, BTC is expected to rush straight to 75,000 points next week.

In summary, although there are certain fluctuations and uncertainties in the market, the overall trend is still positive. We should pay close attention to market dynamics and reasonably allocate space to cope with possible risks and opportunities.

I bought some sxp at 0.35 and plan to hold it for a while.

Today, BN has good news, announcing that it has restored the payment function of MasterCard and Visa cards, which is undoubtedly a big benefit for sxp, which is mainly engaged in this business.

It is worth mentioning that sxp was fully acquired by BN in 2023, which can be said to be a shining pearl under his company.

Recently, sxp seems to have been forgotten by the market. I hope that this good news can rekindle the enthusiasm of the market and let more people recognize and discover the value of sxp.

The Bank of Canada took the lead in cutting interest rates. Has the horn of the bull market climax sounded?

/1. Technical school: Macro information guides the market, waiting for BTC to break through the key position

/2. Macro school: The independent narrative of the currency circle is missing, the Bank of Canada cuts interest rates first, and the Federal Reserve may follow closely

/3. Data school: The first half of the bull market may have ended, and market data has become a key factor in the second half

————————————————————

1/. According to MVRV observations, the bull market is now more than halfway through. The first half of the big pie is still a satisfactory answer. Let us look forward to the wonderful performance in the second half

2/. The small non-agricultural data is in line with market expectations and recorded the smallest increase since January 2024. This is good news for the market. Of course, "good" is just to echo the Fed's expectations of an increase in unemployment. But the final game of this week's data is still on Friday's unemployment rate.

3/、The core problem now is that the sentiment of the cryptocurrency circle has not risen. There is no independent narrative, no independent market, and it is still following the US stock market. In this way, macro data and Fed policies have become more important. June 7-10 are very important, including non-farm data, unemployment rate, Nvidia stock split, and Apple conference. ​​​

4/、No matter how the fundamentals/news change, when the BTC price successfully breaks through $72,000, the next wave of violent rise will officially begin!

5/、The new wave of Bitcoin ETF inflows is coming!

6/、Bnb's target market value should be 300-500 billion, with a deflation mechanism. At present, FDV is 1/4 of ETH, so if Ethereum reaches 10,000, Bnb will be 2500U

7/、If you want to short liquidity-sensitive assets: wait until after the 13th and see. There were too many risk-positive events before. Non-farm data is expected to be weak, FOMC is dovish, June bond issuance has just started, Apple WDCC meeting...

8/, Pie is bullish, first look at the previous high of 74,000, then look at 80,000.

9/, the market has always regarded the Bank of Canada as the weather vane of the Federal Reserve. This time, the Bank of Canada started to raise interest rates before the Federal Reserve in the 22-year interest rate hike cycle. It is also because since the establishment of the North American Free Trade Area in the 1990s, the United States and Canada have been highly interconnected and have no capital controls. The interest rates of the two countries are basically inseparable. So normally, the policy interest rate trends of the two countries will eventually "go with the flow", it is just a matter of time.

10/. The length of the oscillation time often corresponds to the strength of the subsequent trend, because it has a mitigating effect on the supply and demand divergence in the market; If the price unfortunately chooses to go down in the end, there is a chance to directly end the bull market; Fortunately, it seems that the probability of it eventually choosing to go up is higher at present

11/. The independent market in the cryptocurrency circle is getting weaker and weaker, which is not a good thing. To some extent, it represents the decline of speculative sentiment and the retreat of hot money. After the ADP data is released, the cryptocurrency circle will follow the direction of the US stock market, and the increase is weaker than that of the US stock market. This is the biggest problem since March. 1. Too many people looking at the data caused the rush 2. The impact of the lack of main narrative in the cryptocurrency circle is greater than the impact of the total amount of funds and the rhythm of water release

12/. The market has shown signs of activity under the stimulation of data, but it is far from enough. At present, the unemployment rate on Friday and the big non-agricultural data are still needed to continue to consolidate the positive sentiment. The real opportunity for copycats can only be to wait until the weekend.

This month, the cryptocurrency market was deeply affected by three major events.

The US non-farm payrolls report released on June 7. If the number of jobs fails to reach the expected 185K and the CPI continues to show a downward trend, it will have a positive impact on our market.

The US unadjusted core CPI annual rate data released on June 12 also attracted much attention. The market expects the year-on-year increase in CPI in May to fall in the range of 3.1% to 3.5%, however, there is still some uncertainty about the specific forecast results.

The Fed's FOMC meeting on June 13. At this meeting, the dot plot will be the focus of our attention as it will reveal the Fed's expectations for interest rate trends in 2024 and 2025. The market generally believes that the possibility of future interest rate cuts is increasing because the current high interest rates (5.25% to 5.50%) are difficult to maintain for a long time. Therefore, interest rate cuts seem to have become an inevitable trend.

Although the outbreak time of the bull market is difficult to predict accurately, it is crucial to maintain continuous attention and participation in the market. In this process, try to avoid contracts and pay more attention to the spot market. In the spot market, even if you encounter some altcoins occasionally, as long as they do not collapse immediately, they may still bring unexpected surprises after surviving the moment of the bull market outbreak.

In the second half of 2024, the following five cottages may bring surprises to friends who are seeking to cross the class, and they are worth paying attention to for a long time!

1. FET (soon to be merged 1:1 with ASI), as a star currency in the AI ​​field, its price is supported by 2U, and in extreme cases it may touch the support level of 1.7U. For friends who are optimistic about the development of the AI ​​industry, this is undoubtedly a target worth considering. This year is the first year of AI, and it is expected to set off another wave of enthusiasm.

2. PEOPLE (a leader in the DAO field), its price is currently supported near 0.1U, and in extreme cases it may drop to 0.075U. For friends who want to gain profits during the election, you can consider buying at the right time and holding until the climax of the election in November.

3. ORDI (the leader in the inscription field), its price is supported by the 45U band, and in extreme cases it may fall to the 39-30U range. For those who hold spot, it is recommended to sell in batches according to the established strategy, and pay attention to the two key pressure levels of 51U and 62U. Once it breaks through and stands firm, it is expected to continue to rise.

4. TRB (a demon coin with high volatility), although its price volatility is large, the strong control of the market makes it gain certain support near 100U, and in extreme cases it may drop to the range of 81-60U. For those who are willing to take certain risks, you can consider making a layout at the right time.

5. BOME (a star project on the SOL chain), although the current weekly trend is slightly weak, you can still pay attention to its buying opportunities in the range of 0.01U to 0.009U in the long run. Some friends have already obtained considerable profit gains in this range, but they need to pay attention to controlling their positions to avoid risks.

In short, these five altcoins are currently receiving widespread attention from the market and traders. If they can reach the expected price position in the future, they will become a choice worth paying attention to in the second half of 2024. However, before choosing any currency, you should conduct sufficient research, formulate a reasonable position management strategy, and weigh your personal risk tolerance.

At the same time, as one of the mainstream, ETH's performance will also have an important impact on the entire market, and you can pay attention to its trend to assist in decision-making.

#5月非农数据即将公布
The Bank of Canada has taken the lead in cutting interest rates, followed by the European Central Bank. At present, the market's focus has shifted to the United States, and people are paying attention to when the Federal Reserve will follow up with a rate cut. In addition, the newly released small non-agricultural data is positive for the market, which further enhances the market's optimism. Against this background, BTC should also usher in a wave of market conditions. It is worth noting that ETH has begun to show a strong trend last night.