Reasons for the sharp drop 4.12
1. The Federal Reserve suddenly announced that the rate cuts would be reduced from three to one. The presumption of the rate cut led to a direct plunge, but it did not mean that the original confidence was gone.

2. The three major U.S. stock indexes fell collectively, with the Dow Jones Industrial Average falling by 1.24%, the Nasdaq falling by 1.62%, and the S&P 500 falling by 1.45%. Hot technology stocks fell by more than 2%, Nvidia, Tesla, and Meta fell by more than 2%, and Microsoft and Google fell by more than 1%, directly collapsing the currency circle

3. There is still a week to complete the halving, and the positives are now turning into negatives. Don't be discouraged. The sharp drop is not a big trend at all. After the fall stabilizes, it is a good opportunity to buy the bottom in batches. Sooner or later, it will rise back. Spot bears the pain for a while. If the exchange is not opened in the near future, the number of coins will decrease sharply. And those who play contract explosions will really have nothing!

Damn it, it collapsed again

Odaily Planet Daily News Greeks.live Macro Researcher Adam posted on the X platform that Ethereum has seen a substantial rebound today, which may be related to Vitalik Buterin's participation in Hong Kong blockchain activities, while Bitcoin has entered a correction. The options market expectations are relatively consistent with the price trend of the currency. Today, Bitcoin options are mainly short-term selling, while Ethereum is mainly short-term bullish buying. Both are mainly traded in the form of spread combinations, indicating that the market still has doubts about the future trend, and the main term IV has dropped slightly. BTC also has different signals. It has just traded 350 call options with a strike price of 200,000 and an expiration date of March next year. The premium alone is worth 2.5 million US dollars. At present, whales have hoarded nearly 30,000 call options with a term of more than 100,000 US dollars.

EMC Labs released a March report pointing out that investors began a large-scale sell-off on February 26, causing the price of Bitcoin to fall. The sell-off was divided into two stages, with the price rising from $51,730.96 to $71,475.93 in the first half and falling to $60,771.74 in the second half. Overall, sellers locked in nearly $63.1 billion in profits. The report believes that the selling force is weakening, indicating that the first wave of large-scale sell-offs in the bull market is about to end, laying the foundation for the next stage of price increases. This wave of large-scale selling before the production cut cleared a large number of profit chips and raised the cost center of gravity of BTC, which will help to increase prices in the next stage. For long-term investors, they should actively go long on a cautious basis.

Why are you talking so much now? Remember, when all the good news comes out, it turns into bad news. Amitabha, stay calm!

Although the prices of cryptocurrencies such as Bitcoin continue to soar, global regulations have not relaxed the encryption market at all, but show signs of gradually tightening.

In the European and American markets, on the evening of March 26, the cryptocurrency exchange KuCoin and its founders Chun Gan and Ke Tang were prosecuted by the U.S. District Attorney’s Office for the Southern District of New York for violating U.S. anti-money laundering laws and operating an unlicensed currency remittance business. In its complaint against Kucoin exchange, the U.S. Commodity Futures Trading Commission (CFTC) pointed out that Bitcoin, Ethereum and Litecoin are all commodities.

SkyBridge Capital founder Anthony Scaramucci gave some advice on Bitcoin investment at last Friday’s Bitcoin Investor Day conference. Scaramucci said that when holding Bitcoin, act as if you are dead and do not sell it. Don't do anything to it. In an interview with Yahoo Finance Live, Scaramucci reiterated the huge demand for Bitcoin driven by spot Bitcoin ETFs. He said institutions feel reassured that they can buy SEC-approved ETFs. And the halving event is coming soon. If demand increases quickly, prices can rise significantly.

Bitcoin is a digital currency. The concept of Bitcoin is based on a technology called blockchain. Blockchain is a decentralized digital ledger that records all transactions and is not easily tampered with. The core idea of ​​Bitcoin is that by using blockchain technology, digital currency can be decentralized and anonymous, making digital currency safer and more reliable.

The Bitcoin generation process is as follows: First, by using a large amount of computing power to solve a complex mathematical problem, you are rewarded with Bitcoins. This process is called “mining,” and the equipment used to mine Bitcoin is called a “miner.” Bitcoin can then be traded through exchanges and used to purchase goods and services.

The characteristics of Bitcoin include: decentralization, anonymity, safety, reliability, traceability, etc. The emergence of Bitcoin provides new ideas and methods for the development of digital currency.

Golden Finance reported that CryptoQuant analysts believe that Bitcoin’s bull market cycle has not yet ended, because the price valuation indicators are still far from the past bull market peaks. Bitcoin entered a price correction period after rising to a historical high of $73,700. Miners, "Whales" and other market participants, including large investors, began selling their Bitcoin holdings for profits.
CryptoQuant also found that unrealized margins surged to 69%, the highest levels since March 2021, when BTC was trading around $60,000. Although traders are selling off assets, unrealized profit margins remain as high as 47%.

In December last year, a friend wanted to go to Singapore, but his visa application was rejected. From then on, he wanted to go to Singapore every day. It was difficult to go, the visa threshold was very high, and his qualifications were not up to standard. I said Singapore’s threshold is too high. It was only in January this year that Singapore became visa-free, and anyone who could breathe could pass for 30 days.
Ha ha ha ha.
This joke is so hilarious that I can tell it for half a lifetime.

With the development of Ethereum to PoS after more than a year, the staking track of the Ethereum chain has gradually evolved into a track with a market value of 100 billion. As of now, the amount of Ethereum locked has reached 41.8 million, accounting for more than 35% , and the increase in lock-up volume makes it easier for Ethereum to rise.

As long as you are a human being, not a monk, you must have seven emotions and six desires. Desires are human psychological and physiological needs, among which only the desire for money is difficult to cut off. This is the strength of human nature, which can encourage you to work hard, or it can be the weakness of human nature, which can lure you into the abyss of disaster.

When you are calm, there is always someone who can make you no longer calm. When you are not calm, there is always someone who can make you calm.

You will be tortured between calmness and unease, and you will spend your hard-earned savings to become the dealer's fuel.

Who makes you calm and who makes you unhappy are actually the same person.

Planet Daily News Binance CEO Richard Teng said at an event in Bangkok that Bitcoin will continue its record rise and rise above $80,000 as institutional investors pour more money into spot Bitcoin ETFs.

I don't participate in these things that require IQ. I play rock, paper, scissors with you. All the graduate school you went to and the cryptography you studied are all in vain. I gained an "advantage." To be precise, I have achieved the same level of competitiveness as you. If everyone is playing air coins, you are relying on luck, and I am also relying on luck. Your winning rate and mine are the same.

So I don't play with these air coins.

I’m a lot older and I want to run a food delivery service and be a Meituan rider. Is there any advantage? I have no advantage. I had surgery on my lumbar spine and my back hurt when I was tired from working. I don’t speak Cantonese yet, so when I met a customer who spoke Cantonese, I couldn’t understand him. When I went to do takeout, there was absolutely no advantage over a young man who had graduated from primary school.

With the vigorous advancement of the Bitcoin ecosystem, Bitcoin DeFi Summer has arrived. Various institutions and innovative projects rushed to the scene to fill the market vacancy of trillions in market value that provides value-added services for Bitcoin assets. According to the past experience of the Ethereum ecosystem, which is currently the largest in the industry, it can be predicted that where Bitcoin will flow by then, it will definitely be the place where the "golden eggs" are laid, and it is also the focus that we must pay attention to...

I know a netizen in another community. The Bitcoin he bought in 2014 will be worth more than 40 million in 2021. He did not sell it in the bull market. I remember that it plummeted that day and he lost more than 9 million in one day. He never sells. After I got it, it should be about 60 million now. He didn't do any arbitrage, he just bought Bitcoin. I asked him why you didn't do it, and he said he was too lazy to do it, and he couldn't spend it all. Just stay there. I said, do your family members know that you have this money? He said that he didn't know anything about it, not even his parents, relatives or wife. People's views on money are very distorted and he didn't dare to speak out. If he did, he would be in big trouble. I don’t spend money either. I said you can only communicate with people online. When most people make money, don’t they buy cars and houses to improve their lives? He said that I can earn about 300,000 yuan a year from work, and my life is very satisfying. I drive a Volkswagen Sagitar to work and feel very secure. The amount of money makes me feel at a loss. I feel that it is not money, but money. A dreamy feeling.

Don't sell now. Selling any target is a coward. Don't change positions easily. You can't change it if you change it to that one.

Chasing money is exhausting, you just need to stick to your target and wait for the wind to come.

最近一段时间以太坊上涨非常强势，继前几日突破3500U、创2022年5月以来新高之后，这两天又突破4000U，且从过去30天的涨幅来看，以太坊以62%的涨幅超过了比特币，确实在不少人的意料之外。

Today is indeed the time when the dragon raises its head

The characteristic of the bull market is that there is a pull-up every day. The AI ​​sector starts to rise slowly after the pull-up, and the meme sector starts to rise slowly after the pull-up. This time it is finally Gamefi's turn.

Within three days of Mingwen trading, I had a strong feeling that there was no big money coming in at all, it was just a trial run with small money. When big money came in, it basically tripled in one night's sleep. The liquidity of Inscription is very low, and it can be raised with just a little money, but funds are not in favor of Inscription right now.