Waiting for the arrival of the bull market, continue to lurk potential altcoins.
Guideline:
1. It has good fundamentals and belongs to a hot sector, preferably a sector leader;
2. Have good narrative skills and ecologically sustainable development;
3. The market value cannot be too large
L2 track: #ARB, #op,
LSD Track: #Ldo
NFT track: #Blur
Storage Track: #AR
Web3+AI track: #WLD
AI track: #Rndr
Public chain track: #Kas

The Bitcoin spot ETF is about to land on the stock market, and the East Eighth District soared 15% in 10 minutes in the morning
Grayscale Ethereum spot ETF will also have signs
Interestingly, the A-share Economic Times: The maximum retracement of 40% has arrived. In preparation for the next round of bull market, will it be too coincidental and too early?
Numerology·Everything in the world is connected

#sol has been very popular in the past two days, and the rise from 21 to 30 is beyond everyone's imagination. However,#SOLitself has a very high market value, and the probability of rebound will not be that high. How about looking at other altcoins? For example, the star currency on dex is #APX

“In 10 minutes, there were nearly 100 million US dollars in the market to pay for CoinTelegraph’s “own news”, of which short positions were liquidated to 72 million US dollars and long orders were liquidated to 26 million US dollars. "
What a Bitcoin ETF means for the industry
Once the Bitcoin spot ETF is officially listed in the United States, it will become a milestone event in the global blockchain field, because it means that the U.S. regulatory authorities have legally recognized the legal status of Bitcoin as a financial product, and Bitcoin will gain unprecedented influence. force.

There are currently some negative factors in the market, such as the liquidity crunch caused by high interest rates and the lack of new funds entering the market. In addition, it is generally known that Bitcoin will be halved next year, the interest rate hike cycle may be coming to an end, it is expected that the Bitcoin spot ETF may be approved, and the US encryption bill is also expected to be introduced. However, these events cannot be realized in the short term. The market needs to be driven by funds to rise. Without a large amount of funds flowing into the market, it is unlikely that a bull market will occur in a market with existing or even declining stocks. Before a bull market comes, there are often many institutions and investors trying to buy at lows. Especially in the derivatives market, major long-short institutions may allocate large amounts of leveraged funds to create a balance between the two parties. But this balance will one day be broken, and the market may experience violent fluctuations and risks. History never repeats the same trajectory, but it can be strikingly similar. In investment, waiting is a common strategy, but it must be based on a full understanding of the market and one's own goals. If investors do not have clear strategies and goals and just wait blindly, they can easily fall into an unfavorable situation. But this balance will one day be broken, and the market may experience violent fluctuations and risks. History never repeats the same trajectory, but it can be strikingly similar.

#BTC Bitcoin plunge triggers panic, is it time to buy the dip? The volatility in 2 months was the lowest, and this time there was a big downward movement. Everyone started to panic. Will the pie fall further? Although short-term spot positions will feel damaged, the most important thing to do is to hoard coins! The lower you go, the more greedy you become. If you withstand short-term fluctuations, you can gain a lot from holding the currency in the next bull market. It’s time to be greedy! Don’t you slowly lay out the bottom position now? When to wait?

Why did it fall so hard? First, some people believe that this plunge was caused by the shrinking of the spot trading market and the increase of the derivatives market. The decrease in spot trading volume has led to a decrease in market supply, while the increase in the derivatives market has brought more speculators and leveraged transactions. This change in market structure could lead to increased price volatility, triggering Bitcoin’s plunge.

Binance announced that due to technical issues encountered by the liquidity provider of the FDUSD currency pair, it will stop First Digital USD (FDUSD) trading at 17:45 on July 26, 2023 (Beijing time) to ensure that it provides users with the maximum degree of protection. Since the LUNA crash, the Silicon Valley Bank crash, which triggered the decoupling of USDC, the world’s second largest crypto stablecoin, and a series of black swan events, the market’s distrust of the concept of stablecoins seems to have reached a threshold. Whether they are centralized stablecoins, algorithmic stablecoins or partially decentralized stablecoins, they are all regarded as scourges to a certain extent: Tokens known for their stability are unstable, so what else can we believe? At present, the stablecoin market has experienced a significant decline compared with last year. In fact, stablecoins are just a way of expression of cryptocurrency, and their value is often anchored to real currency or algorithmically controlled to maintain the value of the token and the anchor (such as the U.S. dollar) within a roughly controllable exchange range. . But that doesn’t mean stablecoins themselves are immune to volatility. When encountering a huge black swan event, the stable currency will also decouple from the linked currency. This means they will deviate from their pegged value. The key to the problem is not whether the stablecoin will fluctuate, but whether the stablecoin itself has a scientific and reasonable self-correction mechanism that can repair the risk in a timely manner and maintain a reasonable value when facing unknown risks.

#AI#DeFitrack: On the one hand, it is the use of AI for risk management of DeFi investment. Example: SingularityDAO, they use AI to manage the entire DAO crypto fund. Although the return on investment is not that outstanding, in the case of overall market fluctuations, the effect of controlling the risks of crypto funds through AI is still relatively good.

PENDLE is another recent favorite of Binance. It was listed on the Binance Innovation Zone on July 3 and opened USDT isolated margin trading pairs and new currency mining. Use BNB and TUSD to mine PENDLE. PENDLE is a new Defi application, the core content of which is the tokenization of revenue. What is revenue tokenization? Let me give you a simple introduction. Pendle is based on the existing protocol with an interest-bearing model, issuing interest-bearing tokens and tokenizing the proceeds. For example, on Lido, the leading LSD platform, you can get stETH by depositing ETH to participate in LSD, and stETH will bring benefits to participants. Deposit DAI in Compound and you can earn profits. wait wait wait. For any such application that can generate income, Pendle issues interest-generating products based on these interest-generating applications. Participating in using the corresponding tokens and participating in Pendle's products is equivalent to indirectly participating in interest-generating projects. For example, I can use stETH to participate in this product of Pendle. I can get Pendle’s interest-bearing tokens, or principal tokens plus income tokens.

The Binance IEO project can be said to be the biological son of Binance, so let’s first take a look at ARKM, which allowed Binance to launch the IEO daily limit. On the Arkham platform, I applied for the waiting list, but it is not available yet. Let me read the introduction to this project on coinmarketcap for everyone. “Arkham is a blockchain analytics platform that uses artificial intelligence to de-anonymize blockchain and on-chain data.” “The two main components of the platform are the analytics platform and Intel Exchange. The analytics platform covers analysis of various entities, ​​Analysis of exchanges, funds, whales, and tokens. For example, you can check portfolio holdings, trading history, transaction flow, network relationships, and other on-chain analytics. Intel Exchange allows anyone to participate via bounties, auctions or data plans to buy and sell address tags and other intelligence.” “Intel Exchange is a decentralized marketplace where users can buy and sell cryptographic intelligence using the local currency ARKM.” “Arkham uses an in-house artificial intelligence engine with a variety of data sources such as public records, Social media, web scraping and user submissions. This data is used to tag addresses and provide entity analysis for the company’s artificial intelligence algorithm ULTRA. “ Let me summarize, Arkham is an on-chain data platform, social media data, web scraping Data and other platforms, encryption intelligence trading market. Of course, artificial intelligence algorithms will be used in this platform. Because I can’t experience it yet, I don’t know the breadth and depth of its data, or how well it uses artificial intelligence algorithms. As for the social media data it mentioned, veDAO, as I introduced earlier, is already being implemented. As for the so-called encrypted intelligence trading market, the expert comment reports in veDAO can be regarded as a kind of encrypted intelligence. Generally speaking, ARKM belongs to the AI ​​concept and data analysis sector. How far this coin can go depends on product experience and project ecology. The ARKM token seems to only have application scenarios in Intel Exchange, but it is not known whether Intel Exchange will be online in the near future and how big the crypto intelligence trading market will be after it goes online. Data analysis should be no problem, after all, there are already many comprehensive data platforms.The video on the ARKM official website also demonstrates some data platform interfaces. But I don’t know whether it can surpass existing data platforms such as messari and glassnode. But for AI algorithms, I don’t think they can be applied in depth. FET was also an AI project of Binance IEO before, but it is an AI learning platform and the platform itself does not seem to use AI algorithms. Personally, I feel that data analysis applications should be closer to us, and the long-term trend of ARKM should perform better than FET.

Extreme market conditions are coming this week! 3 potentially violent fluctuations! I will focus on a few time points in the near future! 2023.7.6 02:00 The Federal Reserve released the minutes of the monetary policy meeting 2023.7.6 04:00 Williams’ speech 2023.7.6 20:00 Logan’s speech Data: East Eighth District Time 2023.7.6 20:15 U.S. ADP employment in June 2023.7.7 20:30 U.S. Unemployment Rate in June 2023.7.7 20:30 U.S. Non-Farm Payrolls in June (Big Market)

Although#BTCand US stocks are often in sync, there will also be periods of de-anchoring. When the market breaks down and falls, it is more suitable to buy; when it breaks down and rises, you need to be extra careful. The recent market trend is that after falling off the anchor, it began to rise off the anchor.#ETHIf you bought it before, be careful next time. If you are a fixed-term investor, just continue to be a fixed-investor. Of course, if you are a big fan of fixed-term investments, it may not be time for copycats.

USDT currently accounts for 70% of Curve’s 3pool. Is this unfounded panic, or does a large institution know something we don’t? If you don’t want to take this risk, you can choose to short USDT on the chain as a hedge. Curve is the primary place to exchange stablecoins as this protocol has the deepest liquidity.

When the Curve 3pool is unbalanced, it is more difficult to make swaps and there is greater slippage. What is happening right now is that people are selling USDT. If you want to convert USDT to other stablecoins, you have a few options, such as USDC, DAI, FRAX, or a decentralized stablecoin like LUSD. You can also short USDT on-chain easily: • Go to a currency market like Aave or RDNT Capital. • Pledge a less volatile collateral such as USDC or another stablecoin that is not USDT. • Borrow USDT on this basis. • Exchange borrowed USDT for other stablecoins. • Leveraged short hedging can also be used.

Last time I explained why#BTCis halved every four years. Today, let’s talk about why the total amount of BTC is 21 million. In fact, this is a simple mathematical question. BTC approximately every 10 minutes (this 10-minute setting should be based on technical considerations. If the block is produced too fast, the consumption will be too great, because every time a block is produced, all mining machines must perform a large number of hash operations. If the block generation is too slow, it may affect the efficiency of the Bitcoin network) to generate a block. The time of 210,000 blocks is 1458 days and 8 hours, which is almost 4 years. Initially, each blockchain rewards 50 BTC, and the reward is halved every 210,000 blocks. Therefore, the total output of the Bitcoin network is equal to 50*210000+25*210000+12.5*210000+... Find the limit of the geometric sequence , which is equal to (50*210000)/(1-0.5)=21 million. Data can be listed in EXCEL to draw charts. In the production graph, it can be seen that BTC production is a nearly closed graph, and the area is 21 million, which is not obvious. The following graph of the total amount of BTC is very obvious, it is infinitely close to 21 million. The beauty of BTC mathematics!

Have you ever wondered why BTC halves (approximately) every four years? You know, if production is reduced by 16% every year, 0.84^4 is approximately 0.5. Why not gradually reduce production every year? If production is gradually reduced every four years, BTC's cost and output curves will be smoother. A big halving every four years is actually a bit of a jump. In fact, the Bitcoin code is designed to halve every 210,000 blocks. However, Satoshi Nakamoto’s design is controlled by difficulty, roughly producing 1 block every 10 minutes. Strictly mining one block every 10 minutes, the time for 210,000 blocks is 210,000*10/60/24=1458 days and 8 hours. The difference of 2 days and 12 hours is 4 years. The first BTC block was generated at approximately 6:15 pm GMT on January 3, 2009. Not the 1st, not the 2nd, or any other time. If one block is strictly followed every 10 minutes, the first halving will happen on December 31, 2012. If there are no miners rushing to mine, the next BTC halving will be in December of 2016, 2020, 2024... And this happens to be the next month after the US election. actually. Satoshi Nakamoto’s original intention of designing Bitcoin, the so-called decentralization, was only aimed at the US dollar. Fortunately, Bitcoin has lived up to its promise and has always been inversely linked to the US dollar index.

#BTC I am personally optimistic about the breakthrough, and it has reached a critical position now. Will the futures gap be filled? The downward trend line is suppressed. You can either try to headspace here and break through the stop loss, or you can not do anything here and chase the long position if it breaks through.

Taking stock of potential projects that are about to issue tokens on the Sui public chain: 1\Twitter @WispSwap WispSwap is a decentralized exchange and DeFi platform on the Sui blockchain. The platform offers a diverse range of financial products including trading, lending, farming, staking, prediction markets and launchpad, making it a one-stop shop for DeFi users. The platform strives to enhance user experience and maximize returns by implementing innovative and well-designed mechanisms. This round of financing will be used for product research and development, smart contract auditing, CEX listing and initial liquidity increase of WISP tokens. Twitter @meadowlaunch 2\Meadow is a launchpad located on the Sui blockchain. As a decentralized incubator, Meadow provides various tools to blockchain innovators focusing on Sui Blockchain, especially gaming projects. Meadow has a unique tier system where both investors and project owners can benefit from using various launchpads. Added to this is a strong protection - an insurance system - that protects against the possibility of fraud and failure. Twitter @BettaSuiMarket 3\Betta is a multi-chain NFT market based on the Sui network, which supports basic functions such as offering, listing, buying and selling NFTs, builders, creators and artists can create their NFTs, as well as no coding required collection. Additionally, Betta is developing P2P functionality where users can sell/buy/exchange their accessory assets such as accounts, jobs, and Web3 opportunities on Betta. Betta also supports some random games on the Sui network, and users can participate in draws, flip coins, guess numbers, etc. to earn BETTA tokens. Twitter @YouSUI_Global 4\YouSUI is an integrated platform running on the Sui blockchain, including DEX, Launchpad, NFT Marketplace, games running on Sui, DeFi, social platform for Metaverse projects and Bridge. YouSUI is working with dozens of game development partners. It is a cooperative platform that supports projects outside the Sui public chain to enter the Sui ecosystem, such as Polygon, Binance, Klaytn, Solana and Ethereum's protocol projects. YouSUI has announced that its first incubation project HOOD is scheduled to be launched on July 25.

In April, the cryptocurrency market welcomed a number of Meme coins that mushroomed like mushrooms after a rain. PEPE has surged 6,000 times in 4 days, WOJAK has surged 11,340%, and AIDOGE has surged 10 times. Such market conditions are like a clarion call for charging, causing countless funds to start entering the market crazily. According to CoinGecko data, as of April 27, 2023, the current total market value of global cryptocurrency is approximately 1.26 trillion, and the total market value of the Meme coin sector is approximately 18.8 billion, accounting for approximately 1.5%. Since being popularized by SHIB and DOGE in 2021, Meme currency has played a decisive role in the encryption industry and has become one of the important components of the encryption investment landscape. After experiencing a bear market, meme coins like SHIB and DOGE not only survived, but also firmly occupied the top market capitalization. In the field of cryptocurrency, Meme coin has created an unprecedented miracle of wealth creation. So how did Meme coin get to where it is today, and how should ordinary investors choose and participate? Why Meme Coin Started to Rise Soaring The reason why Meme Coin can rise this time is mainly because the market has recovered this year, and the simple but huge wealth effect caters to people's psychological needs. The most important label of Meme Coin is to use small to make big. Although everyone knows that Meme coins are high-risk, there are still a large number of investors chasing them. Taking AIDOGE as an example, the Meme coin itself is viral, and 95% of the coins are used for airdrops, attracting early entrants; at the same time, AIDOGE combines the current popular elements, using AI+Arb+Doge The combination creates popularity and further creates FOMO in the market. In short, it is by associating the content with things that everyone cares about. Therefore, whoever can become the object of hot associations will become the darling of funds. How to judge the value of Meme coins Meme coins often have unique images, names and logos, as well as some interesting functions and features. Their success has some common factors. The birth of any 100-fold MEME coin is indispensable for a good token model, easy-to-spread stories, innovative gameplay, market popularity, emotional resonance, etc. For Meme, narrative is the product, culture is the product, and community is the product. Therefore, it is difficult to accurately quantify the value of Meme coins using mathematical models, but its valuation can be vaguely judged.The valuation of a Meme can be combined with multiple factors such as narrative size (the scope of its impact on the market) + emotional arousal frequency + celebrity effect (KOL recognition and ability to bring goods) + SOV (Share of Voice: media share). to judge. These factors also constitute the characteristics of a successful Meme coin. How individual investors choose Meme coins For individual investors, there are several key points on how to find a good Meme coin: Try to obtain early information about the project. The project's Twitter and Discord are where many Meme coins grow. Under normal circumstances, new Meme coin project parties will first publish project information on Twitter, and then build a large community on Discord. Therefore, paying attention to these two is the only way to obtain information in a timely manner, but this requires you to be able to do your own research and how to quickly judge value. It also requires investors' own experience and personal abilities. A reliable KOL can save investors a lot of work, continue to track the latest developments of these KOLs, and let them help you find Meme coins worth investing in. But KOLs also have their own goals, and they sometimes fail. Don’t believe it, and don’t believe it all. The most important thing is to do your own research. Try to invest broadly enough so that your eggs are not put in one basket. For Meme coins, diversified investment with small funds is a good choice. No one can guarantee that a Meme coin will be 100% successful. Therefore, if you want to reduce your own research costs, investing with small funds and diversifying your investment will help with your final returns. Finally, don’t ignore the risks that come from the sidelines. The more transactions there are, the greater the risks, especially in a field like Meme coin where it is easy to create wealth myths. You must pay attention to security when using wallets and transactions to guard against risks from off-site such as hackers.