Da Piaoliang has taken action to regulate ETH and wants to define ETH as a security.
What will it mean if the United States really defines ETH as a security?
Is it bullish or bearish?
The United States intends to define ETH (Ethereum) as a security, which has sparked widespread discussion in the currency circle. How will this change affect the market?
ConsenSys, an Ethereum infrastructure development company, strongly opposes this. They point out that Ethereum is a global computing platform and Ether is a commodity rather than a security. The company is worried that this move will lead to the loss of years of work, the loss of billions of dollars in economic value, and may even cause large-scale unemployment.
ConsenSys listed four reasons to refute the SEC's decision:
1. Historical position: The SEC made it clear in 2018 that Ethereum does not meet the standards of securities.
2. CFTC classification: The CFTC has always regarded Ethereum as a commodity.
3. Decentralized characteristics: Ethereum is decentralized and is fundamentally different from securities. Consensus
4. Mechanism transformation: ETH's transition from PoW to PoS has no direct connection with securities laws.
If ETH is defined as a security, there may be four major impacts:
1. Strengthened supervision: ETH will be subject to stricter securities regulations, which may restrict trading freedom and increase compliance costs.
2. Market uncertainty: Investor confidence may decline and capital may flow out.
3. Innovation is hindered: The speed of innovation and development in the Ethereum ecosystem may be hindered.
4. Trading restrictions: ETH may only be traded on specific, regulated trading platforms, affecting market liquidity and accessibility.
Compliance in the currency circle is an inevitable trend, but there is no need to be too anxious. Pay attention to market dynamics and rational investment is the key.
Brother Chuang is currently studying a relatively good coin, which is expected to rise by more than 30% in the short term. I will take you to eat meat before joining us! Don’t ask me why I don’t do it myself or take my family and friends to do it. If you ask, I will be a contemporary Lei Feng! In the bull market, you must survive. At the same time, you must be bolder.
Deduct 8 from the comment area to bring you into my circle for free🌹! Please do not disturb me! Brother Chuang will not let my fans miss out in this bull market! 👈This is the truth! #BTC走势分析 #BB空投 #TON #BOME #TRB
AAVE is on fire! Institutional big players are getting involved; this is the rhythm to stir up the next big wave!
As those big players grow increasingly optimistic about AAVE, it is indeed on fire in the DeFi world! Even BlockTower Capital couldn't resist and recently quietly acquired 15,580 tokens!
Although the price of AAVE has slightly dropped by 2.50%, settling at $166.09, this pullback seems to be testing everyone: can institutional trust really drive the price to soar?
The Aave platform boasts deposits exceeding $25 billion, holding a top position in the DeFi world, incredibly stable! However, to reach greater heights, it still depends on the strength of technology and on-chain signals.
Does FLOKI want to defy the odds? Surging 100%, soaring to the skies, the historical peak is within reach!
FLOKI has recently been building momentum, brewing a big move! It has been leisurely oscillating in the consolidation zone, did you know? This kind of trend is often the calm before the storm, signaling that it is about to take off strongly!
The number of FLOKI addresses has skyrocketed to historical peaks like a rocket launch! Behind this is the increasing number of partners joining the FLOKI family, and its adoption rate is soaring!
Speaking of price increases, FLOKI is also impressive. In the past week, it rose by 28.64%, and its monthly performance is even more stunning, reaching 61.78%! Although it slightly adjusted by 4.27% in the last 24 hours, don't worry, this is just a minor episode; FLOKI's upward channel is still wide open!
Moreover, according to data analysis, FLOKI may soar by 105.94%! The weekly chart shows it has entered a consolidation phase, and once it breaks through, it will simply soar straight to the throne of $0.00058053!
Of course, the breakthrough won't happen overnight; FLOKI may first test the support level of $0.00020546, but this is just a small step towards a new high.
Speaking of profits, FLOKI holders are all smiles. According to reports from IntoTheBlock, there are over 80,200 addresses holding FLOKI, with 88% of holders in profit. This momentum is simply outstanding!
The development activities of FLOKI are also in full swing. Since the Play-to-Earn MMORPG game Valhalla launched in India, development activities have surged. This is simply a precursor to a price surge!
So if you have FLOKI in hand, hold on tight, who knows, you might wake up one day and it will take you to success! The bullish outlook for FLOKI is indeed solid!
Every day, Brother Chuang shares pleasant strategies and fresh insights with fans; Follow me, and not only will you become a winner in investments, but also an expert! #pepe⚡ #BTC☀ #FLOKIUSDT📈 #BOME🔥🔥🔥 #sol板块
A Stunning Revelation! The Trump administration supports these 5 types of altcoins to soar?
LINK, with its super powerful Chainlink runtime environment framework, is simply a super adhesive between traditional finance and blockchain! It supports the programming languages we are familiar with, making the creation of advanced smart contracts as easy as playing a game, and greatly enhancing interoperability. This move has directly made Chainlink a key player in bringing traditional big shots into the blockchain circle! Currently, the price of LINK is $14.23. Although it slightly retraced by 4.67% today, it has risen by 45% last week! The retracement might be testing the strength of the 200-day moving average, and there might be support around $12.89. Don't worry, the bullish momentum is still there; the crossover of the 100-day and 50-day moving averages indicates support! After the retracement, LINK is expected to break through the $16.75 level, and by the end of the month, it might soar to $21.69!
XRP used to be the second in the digital asset world, but things turned sour after it was under the scrutiny of the U.S. Securities and Exchange Commission. However, Ripple's CEO Brad Garlinghouse remains quite optimistic. It is said that Ripple will meet with Trump, and after the election, XRP directly rose by 10%! Although the 40% custodial tokens in Ripple's hands remain a problem, if these tokens can be burned, the issue will be resolved. Coupled with the support of the XRP ETF, growth is not a dream!
ADA is heavily investing in integrating Bitcoin DeFi into its own territory. Founder Charles Hoskinson has ambitious plans to make Cardano the leader in Bitcoin DeFi. This effort might attract more people to join, making the Cardano ecosystem even more robust!
AIT is a newcomer, but it aims to create a decentralized AI model training market! Its subnet is based on BitTensor, specifically solving those brain-teasing logic and math problems. Although success is uncertain, this innovative combination of AI and blockchain might allow it to shine brightly in this cycle!
The decentralized trading volume of SOL has exceeded the total of Ethereum and all its L2s, which is big news! This marks Solana's increasingly important position in the DeFi field, becoming a blockchain star that we must pay attention to! In a crypto-friendly regulatory environment, these projects have tremendous opportunities!
Bitcoin is soaring! But these three altcoins in my hands may eclipse Bitcoin by 2025, and doubling your income is not a dream!
Bitcoin has set a new record again! Investors all over the world are staring at it, as if it is the next wealth myth. But to be honest, although Bitcoin is on the headlines every day, don’t forget that there are also altcoins with unlimited potential! Today, I will talk about three "future stars" in my hands that are expected to shine by 2025!
Imagine a blockchain that can process 4,500 transactions per second and the fees are super low? That’s right, this is Avalanche! It is incredibly fast and allows me to freely create personalized subnets on the platform. Avalanche uses a hybrid consensus mechanism that combines the advantages of traditional and Nakamoto consensus, and transactions can be completed in the blink of an eye. Moreover, it has three chains that cooperate with each other, responsible for tasks such as transactions and smart contracts, which is really convenient! As the native token of Avalanche, AVAX has many uses. It is indispensable for paying transaction fees, staking to ensure network security, and operating subnets. I firmly believe that AVAX will show greater potential in the future in terms of payment, staking, and creating custom tokens and blockchains!
Polkadot, a decentralized protocol and cryptocurrency, is on a mission to enable different blockchains to "talk" safely and efficiently. Imagine that I can freely transfer assets and data between Ethereum and Bitcoin without any intermediaries. How cool! Polkadot has achieved higher transaction processing capabilities than Bitcoin and Ethereum through parachain technology.
DOT tokens are the governance core of the Polkadot network. As a holder of DOT, I can participate in network decision-making, help verify transactions, and jointly maintain the security and stability of the network. Polkadot was created by Ethereum co-founder Gavin Wood and maintained by the Web3 Foundation, and is committed to creating a more interconnected and efficient blockchain world.
POL token: the patron saint of the Polygon network!
Friends, are you eager to learn more about these altcoins? Remember, investment is risky, and you need to be cautious when entering the market! Let's look forward to their wonderful performance in the future! #Solana涨势分析 #BTC☀ #doge⚡ #PEPE创历史新高
BTC bulls are back? $94,000 is just around the corner? !
Hey guys, Bitcoin is making a big splash! Although it took a breather below $90,000, the bulls are back now, eyeing the $94,000 pie!
Bullish signals keep coming, and Bitcoin is ready to go! Look, Bitcoin has recovered from $86,600, and now the price is soaring, exceeding $88,000 and the 100 hourly simple moving average. On the hourly chart, there is a bearish trend line at $91,000, but the bulls are not afraid, they are preparing to break through!
Resistance? It doesn't exist! The bulls are marching forward! If it really breaks through $91,000, Bitcoin will really take off! The first small target is $91,850, and then there will be another sprint, and $92,500 is no problem. If the closing price can stand at $92,500, then the next drama will be exciting-$93,450, $95,000, all are possible!
But don’t forget that the market always has ups and downs! Of course, if Bitcoin is not so smooth and fails to break through $91,000, it may have to pull back slightly. But don’t worry, there are still strong support levels such as $89,250 and $87,850 below. Even if it accidentally slides to $86,620 or even $83,500, the bulls will have a way to pull it back!
How to look at technical indicators? Although the hourly MACD is now in the bearish zone, the speed has slowed down. Maybe it’s time for the bulls to accumulate strength. As for RSI, it is now above the 50 level, which is also a bullish signal!
For Bitcoin, the bulls are full of confidence and are ready to soar all the way to $94,000! But we also have to be careful. No one can predict what will happen in the market. Being ready to respond to changes at any time is the hard truth!
Shocking news! Michigan vote fraud, can Trump remain calm?
The vote fraud in Michigan is simply jaw-dropping! The fraud has been exposed, but how can these votes still count? This happened just in the final stage of the election, which directly messed up the election situation. Will Trump admit this result? Everyone is staring with wide eyes, waiting to see the excitement! Look at the US election, it has entered a "white-hot" stage. Trump and Harris are fighting to the death in Pennsylvania, and their approval ratings are like a roller coaster, up and down. Pennsylvania is simply the "life and death battle" of this war, and the eyes of the world are on it!
Can you still enter the market at 72,000? BTC rose by more than 8%, breaking through the sky-high price of 73,000 US dollars in one fell swoop! This is just the appetizer!
Friends, the price of Bitcoin has been rising rapidly recently, soaring by more than 8% and breaking through the $73,000 mark! There are several forces behind this! First, there is a continuous influx of funds into spot ETFs. In addition, some major economies have started to play the old game of monetary easing again. Once the money bags are loosened, Bitcoin will naturally benefit. And once Donald Trump becomes president, the spring of cryptocurrency seems to have come, and everyone's expectations for friendly policies are getting higher and higher. Another key factor in this bull market is that everyone has started to play leveraged bets. Now, more Bitcoin is deposited in futures exchanges rather than spot exchanges. This shows that the demand for BTC derivatives is getting stronger and stronger, and the market interest is bursting, which is a complete recovery from the dull state earlier this year!
Election Frenzy! On the eve of the US election, BTC call options soar, signaling prices are about to take off!
Hey friends, did you know? In the days leading up to the tense and exciting US presidential election on November 5, Bitcoin derivatives traders were all geared up, preparing for a potential price explosion!
First, the options market is in a frenzy, with bullish sentiment at an all-time high! The options market is simply bustling with activity, the level of activity is off the charts, and the data shows a full of bullish hopes. Those call options betting on price increases are clearly center stage in the market, telling us straightforwardly: once the election results are out, the price of Bitcoin is sure to soar!
Friends who are still doing Kong need to pay attention! Multiple Kong double kills are a common operation method of dog stock;
This friend is really proactive; I originally wanted to take a good rest on Saturday, but I couldn't refuse this enthusiasm; This friend still doesn't have a strong enough mindset, and didn't wait for me to notify before closing early; Fortunately, it was still a double, and the foot-washing maid is still around;
Brother Chuang shares daily strategies and fresh rice mamas with fans; Follow me, not only will it make you a winner in investments, but also make you an expert! #BNB金鏟子 #BTC☀ #ETH🔥🔥🔥🔥 #pepe⚡ #doge⚡
If you can have this mindset, it guarantees that your contract won't lose money!
You can make money and still sleep; This mindset is more than enough! Fortunately, I brought a capital protection plan; Otherwise, if Sunday morning comes and it’s just like Saturday morning’s wave of major liquidation, it would be game over! Partners, do you think this market will still be profitable by the time they wake up? Feel free to share your insights in the comments!
Every day, Brother Chuang shares harmonious strategies and fresh insights with fans; Follow me, and not only will you become a winner in investment, but also an expert! #pepe⚡ #BTC☀ #加密货币市场持续震荡 #doge⚡ #ETH🔥🔥🔥🔥
This guy asked me why I didn't send it to a group? Isn't it tiring to send it one by one? It's not that I don't send it to a group; it's that if I send it to a group, how many people will believe it; And those who want to make money will take the initiative;
Brother Chuang has Heyue Strategy and Fresh Mima to share with fans every day; Follow me, not only will you become a winner in investment, but also an expert! #美国大选前行情观察 #BTC☀ #pepe⚡ #sol板块 #doge⚡
#BTC☀ High entry and low exit, precise grasp! A foot bath and a massage, isn't this maid just a call away?
Every day, Brother Chuang shares harmonious strategies and fresh updates with fans; Follow me, and not only will you become a winner in investments, but also an expert! #美国大选前行情观察 #pepe⚡ #sol板块 #ETH🔥🔥🔥🔥
SOL Soars to a New High in 12 Weeks! It Could Surge 2-3 Times in the Future!
Dear friends, today we need to talk about SOL (Solana)! It has made a remarkable leap, reaching a new high of $177 in just 12 weeks! This is a spectacular feat, shining brightly while the market is struggling!
The surge in SOL began around October 18, moving forward as if energized, with a daily increase skyrocketing to 4.8%! Why such a surge? It's all due to the positive market sentiment and its strong market share, making it unstoppable!
The rise of SOL aligns perfectly with the positive discussions and heightened emotions surrounding it. Since October 18, discussions about SOL have become increasingly active, and the price has risen along with them. The market share metric is also solid; although there are some fluctuations, overall it remains stable.
Speaking of discussions, SOL is extremely popular across various platforms, mentioned a total of 14,528 times, with interactions reaching 605,579 times, and intelligent interactions at 11,843 times. It seems everyone truly loves it!
The upward trend of SOL isn't over yet! If Bitcoin reaches a new high, say between $100,000 to $120,000, the price of SOL could double or even triple! Just thinking about it is exciting!
On the technical side, the price chart of SOL has actually shown a bullish 'cup and handle' pattern! This is a good sign, indicating that SOL is entering a new growth phase.
In summary, SOL is currently enjoying limitless glory. What do you all think, friends? Do you want to hop on board quickly and enjoy this wealth journey together?
Every day, I share harmonious strategies and fresh insights with my fans; follow me, and not only will you become a winner in investing, but also an expert! #sol板块 #pepe⚡ #BTC☀ #doge⚡ #SHIBUSDT
The most common tricks for harvesting leeks! Are you on the path to being harvested?
If you have been losing money following a teacher's strategy, be careful; Whether it's fresh living rice or the primary market;
Too many fans have been harvested by so-called communities to the point of questioning life, yet feel powerless; Recently, a friend reached out to me, saying he had lost over 50 by following a teacher; and only played with fresh living; As soon as I heard this, I knew he had been forcefully harvested;
Over 50 is a considerable amount of wealth for an ordinary person; these people truly lack humanity; In my view, most people losing money in the crypto space are not losing to the market, but to those unscrupulous communities and teachers;
If you also feel you are on the path to being harvested, please stop the losses in time; If you want to understand the tricks of harvesting leeks; Click to follow, and let you avoid being harvested; #pepe⚡ #sol板块 #BTC☀ #ETH🔥🔥🔥🔥 #doge⚡
Bitcoin's Adjustment Storm: Can Altcoins Turn the Tide?
Friends, Bitcoin's recent price movements have truly sent our hearts on a rollercoaster ride! This drop has also pulled the altcoin market into a 'Challenger Alliance' rhythm. Although Bitcoin's price has plummeted below $66,000, those big-shot analysts are still gritting their teeth and insisting: 'In the long run, Bitcoin still has potential!' Especially with the U.S. presidential election approaching, they feel that no matter who wins, Bitcoin can 'still have a good time.' Speaking of which, on October 22, Bitcoin tried to struggle a bit but was immediately pushed back by massive selling pressure, and the next day it 'thudded' below $66,000. This drop saw $79.1 million flow out of the U.S. Bitcoin ETF, marking the first negative inflow since October 10!
APE is brutally crushed by shorts, with $1.755 becoming a daunting hurdle!
Partners, APE has really hit a big trouble this time! The shorts are firmly controlling the price level of $1.755, and any attempt to push higher results in severe damage, with prices being pressed down at this strong resistance level. As for the bulls? They tried to push the price up, but unfortunately failed and were pushed back by the shorts.
Let’s analyze this: APE is struggling against the resistance level of $1.755, and the shorts are quite arrogant. Moreover, we need to see where this bearish force is coming from, as well as the key support and resistance levels. We also need to question whether the price will continue to drop or if there is a possibility of a rebound.
The price of APE has already turned bearish on the 4-hour chart, and upon hitting the $1.755 mark, it has directly dropped back. It’s now approaching the $1 mark and the 100-day simple moving average. The momentum has drastically changed; the bulls couldn't hold on, and the shorts took the opportunity to gain the upper hand.
Looking at the 4-hour Relative Strength Index (RSI), it has plunged straight down from a high of 92% to 49%. This fall below the 50% threshold indicates that the shorts are in control of the market. If the RSI continues to drop, the price may fall further.
Moreover, on the daily chart for APE, the negative sentiment is becoming increasingly strong, as the candlestick chart shows negative values, dropping towards the 100-day moving average. What does this indicate? It suggests that while there is an attempt to maintain a high position, the selling pressure is growing.
If the bulls cannot hold the current support level, the price will continue to fall. This 100-day moving average has become crucial for observing whether the market will reverse or continue to decline. Finally, looking at the 1-day chart, the RSI has dropped to 65%, which is significantly lower than the previous overbought area. What does this mean? It indicates that the pressure from buyers has eased, and the market may be entering a consolidation phase or may need to correct.
Therefore, with such a strong bearish momentum, the key support level becomes particularly important. Especially that $1 mark, which serves as both a psychological and technical support level. Whether it can withstand further declines remains to be seen!
Every day, I share harmonious strategies and fresh insights with my fans; follow me, and not only will you become a winner in investment, but you will also become an expert!
#NEIRO Demon Coins! Waking up in the morning definitely surprised many partners! In just over an hour, we finished off a lot of troops! How many people are going to slap their thighs! Brother Chuang is going back to 0.0017 with it; partners, this is probably the rhythm for another double kill!
Brother Chuang shares harmonious strategies and fresh rice and beans with fans every day; follow me, and not only will you become a winner in investment, but also an expert! #pepe⚡ #sol板块 #BTC☀ #ETH🔥🔥🔥🔥
BTC, DOGE, and ADA whales join forces to spark a price frenzy!
The entire cryptocurrency world has been turbulent lately! Especially Bitcoin (BTC), the big brother, has unexpectedly led the decline, dragging along a host of altcoin younger brothers for a dive. But don’t worry, the plot twist might happen in the next second!
After the price crash, many cryptocurrencies are looking for that 'bottom line' that can propel them upward. The data from IntoTheBlock (ITB) is like a lightning bolt, illuminating the way forward— it turns out that big shots like Bitcoin, Dogecoin (DOGE), and Cardano (ADA) are quietly relying on their whale armies, preparing for a short-term rebound!
Speaking of whales, the activities of these three guys are quite similar! Large transactions on the Bitcoin network surged over 78% within 24 hours, reaching nearly $43.63 billion! Dogecoin whales are not to be outdone, with a 58.67% growth rate in 24 hours, totaling $1.85 billion in transactions—it's simply exhilarating! Cardano is also keeping pace, with whale transactions skyrocketing by 28.19%, reaching $7.23 billion!
So, when can we expect a real rebound? It's hard to say, as indicators can change just like the market. However, the increase in whale transactions might just be the key to turning things around! Look, even though the BTC price has dropped by 0.93%, who knows if a stunning reversal will come in the next second?
Additionally, over at Cardano, ever since the Chang hard fork upgrade, the ecosystem sentiment has been quite high, which might also give ADA whales a boost, pushing prices to soar! Currently, the ADA price has reached $0.3576; while the growth rate is relatively stable, who knows what surprises lie ahead?
Every day, I share harmonious strategies and fresh insights with fans; follow me, and not only will you become a winner in investments, but also an expert! #币安上线SCR现货 #pepe⚡ #doge⚡ #BTC☀ #sol板块