After having, BTC price is still stable and altcoins have recovered 20-30% compared to the bottom just created, but the feeling is that the market is currently at the bottom of the market.

There's still a lot of money flowing into memes, platform coins, technology, raising capital of a few hundred million, still quite flat, searching for the bottom.

And this is exactly what MM as well as whales who want to sell have to go through, because they simply want to return to the market, making you depressed and desperate to throw away your goods, this is the way that brothers, even old people, do. or newbies with weak hands and paper hands have to let go of the goods

Of course, after unloading the goods, the boat is no longer heavy, so it's easy to push the price up, and when no one has any tokens/coins in hand, even if the market pumps, very few people can earn $, that's how it works. MM teams take $ in this market

Therefore, I always tell you to have faith, because history has proven that after 6 months to 1 year, the market will reach its peak, and that is when we will reap extremely great results. big, if you don't experience the time of reducing 20%, 50% or even dividing by 2 like this, then how can you deserve to receive results x5 x10 or even hundreds of times x with the token/coin you are holding? Hold on, try to think again

The market always repeats the process: Accumulation - Creating Narrative trend stories - pushing prices - fomo - distribution

What are your plans for this second quarter?

Tomorrow at 7am BTC will close the weekly, monthly and quarterly candles at the same time.

Any scenario can happen, so now just sit back and watch him dance. BTC and ETH are increasing but altcoins are still stagnant. If the market gets worse at this stage, you'll probably be emotionally numb 😄

Take a look at the data of #ETH

Despite the high leverage liquidation above, the increase in the Long ratio and the positions of top traders opening Short makes it difficult for the price to reach this area.

Although there is buying force from #Binance, these are only buying forces from the weak side, while on other exchanges, the main move is still selling.

In general, the market is still negative, so today even though it is the weekend with low liquidity, we still prioritize shorter shorts

🆘 21Shares is the next name to apply to establish the Solana Spot ETF

This is the second organization after VanEck that wants to establish a Spot ETF fund for Solana

21Shares is a financial company specializing in providing trading products related to Crypto. Currently, 21Shares is managing the Solana Staking fund with $846M in assets. In addition, 21Shares also participates in managing the Bitcoin Spot ETF fund along with Ark Invest.

Some information about $BLAST - Blast Foundation before claiming

Blast is a Layer 2 ETH created by the Blur team - NFT Marketplace. Compared to other Layer 2 ETH, Blast stands out when integrating Liquid Staking (LSD) & RWA products.

In addition, Blast is the pioneer Layer 2 that integrates network revenue sharing for native yield users compared to other systems.

=> This has helped Blast attract more than $1.9b TVL, ranking 2nd among Layer 2 (behind Arbitrum with $2.8b TVL)

Total supply: 100 billion $BLAST
Token allocation:
🟢 Community: 50%

🟢 Investor: 16.5% (locked for 1 year, paid monthly for 3 years)

🟢 Core Contributors: 25.5% (locked for 1 year, paid monthly within 3 years)

🟢 Blast Foundation: 4% (paid evenly over 4 years from TGE)
(Source)

17% of total supply will be allocated to Airdrop:
🟢7% is reserved for distribution for incentive activities such as asset bridges and liquidity provision

🟢7% for users to receive BlastGold from interacting with dapps

🟢3% goes to Blast Foundation to promote retroactivity on the ecosystem

🟢Top 1000 users will receive an airdrop paid in installments over 6 months.

$BLAST is trading around the $0.03 mark on the Pre-market, corresponding to a FDV level of $3b (dropped sharply after news of $BLAST 100 billion total supply)

=> Even though it has the most outstanding Onchain parameters and TVL in recent Layer 2s, Blast's valuation is softer at $4b-$4.5b FDV of $ZK -> This is a reasonable valuation in the current market context.

CEX exchanges have announced listing (22h): OKX, HTX, Upbit, Bithumb, Bybit, Gate, Kucoin...

I heard that the German government has nearly $3 billion in $BTC about to be dumped and on chain, showing that they have transferred $BTC to Kraken and Coinbase.

But up to now, large transactions have been through OTC instead of being released directly to the order book. So currently the market is still reacting quite well to this news.

It's really fake, these big guys don't sell over 72k to get the price but wait for 60k to sell =))).

I don't think America opened the $BTC ETF service, then lured their country's investors in and let other countries dump on them, $BTC peaked at 72k, the bull market ended. Quite unlikely.

In other developments, Nvidia's chart adjusted to what I think is a short-term profit-taking move, instead of the end of the world for AI coin.

Expect $BTC to pump strongly from the last 2 quarters of the year onwards?

Total assets announced by the FED have decreased by 1.5 trillion USD since April 2022, currently growing quite slowly.

The FED's assets increase when the FED pumps money into the market through buying bonds from banks => Liquidity source increases

The market is currently relatively gloomy, however...
According to the table above, the Global Liquidity index previously peaked, which was also when BTC had its ATH. Currently, liquidity is at the bottom, seemingly waiting for supportive news to confirm a strong increase

When liquidity is abundant, interest rates often tend to decrease because banks and financial institutions have more money to lend and invest => Prices increase, including BTC

Many products are showing new lows, but this is also an opportunity for retailers to buy products at cheaper prices

This is fake news guys, there is no information from the EU about this at all

Gas $ETH reaches record low. $ETH inflation returned during the past time!

Despite all that, holders - OG across the market are still extremely bullish about $ETH - the amount of $ETH being staked is currently increasing - the amount of $ETH staking is currently 25%!

The future also has strong money injected from ETFs!
Personally, I am also bullish on $ETH. In addition to selling 20% ​​of the $ETH in the 3k2-3k5 area to hold the money to wait for the altcoin dip this June-July, the remaining $ETH I will keep the same and the target will begin. My take profit is when the 6k area goes up

I'm also extremely bullish on altcoin. If you ask me why I'm bullish, I'm just daring to bet. There are too many beautiful long-term factors that can't let the cold at the end of December say that January is not spring. okay 🤣

Source: MM

$ETH will hit 10k and continue to be the "altcoin king" !!!
Reason??? 👇👇👇

- In 2023 and Q1/2024 the Ethereum network generated 2.41 billion in fees. Meanwhile, Bitcoin only generated $805 million, BNB $179 million, and Solana $25 million.

- Ethereum is the only Layer 1 (besides Tron with the power of USDT) that has positive income (fee greater than inflation).

- Ethereum is also Layer 1 with a truly positive staking interest rate even after subtracting inflation.

- Restaking, Account Abstraction, Layer 2 (Optimistic and Zk) 👉 All 3 narratives come from $ETH along with many Dapps and rollups deployed in the ecosystem.

That's all for me to believe that $ETH will be "terrible" in this cycle.

Source: Don't Swing Top

OTC Blast price divided 100 times after the project announced Tokenomic

With a total supply of 100 billion Tokens, the price of OTC Blast immediately decreased from 4.5 $ to 0.025 $. Anyone who buys 4.5$ will definitely not return.

The Layer2 guys on ETH keep looking at raisefund + big TVL and you jump into retroactive farming and cast them all, from STRK, zkSync, Blast and possibly even Linea.

The TVL in lending will operate according to the following mechanism:
- stake 1 dapp A to get 1 token x
- Take token x and stake it on dapp B to get token y
- take y stake Dapp C to token z ....

So TVL keeps increasing, not to mention this is being pushed in many ways according to their tricks, the TVL looks fake, there is no liquidity, boring.

Predict the listing price of Layer Zero

A little information about the#Layerzeroproject for you:
- This is a project about cross-chain bridges based on the best technology today, Omnichain. With this technology, Layerzero received money from many large funds such as#BinanceLabs#a16z#Multicoincapitalled the rounds and raised a total of $263 million. The final round is being valued at $3 billion, equivalent to 3$

One of the huge raisefund projects of 2022-2024

- $L0 will have a total supply of 1B tokens in it
1) 23.8% are for community and builders
2) 8.5% distributed to TGE (5core, 3% RFP, 0.5% community pool))
3) The remainder is allocated over the next 36 months

- If the price of L0 increases to 10$ , the FDV of#Layerzerowill reach 10B, which will be 3 times the FDV of the current $W. If it goes around 3$ , then Fdv goes around equal to $W

- L0 is likely to be priced by the 2 big MMs on the market, Wintermute and GSR

#Ps: After many days, Layerzero also gave you a link to check the airdrop. I have been guiding you to do this bet for 1 and a half years now. Congratulations on playing this game, overall it's worth the effort and gas money spent. Please show me the amount of $L0 you receive below this post so that you have the motivation to continue plowing

🔥 $ZK has listed Binance at a price around $0.27

➡️ Total supply: 21 billion / Current minted total supply: 9.8 billion
➡️ FDV $5.6B - Quite low for a famous but scandalous Layer 2

🔸 ZKsync is one of the pioneering projects applying Zero-Knowledge (ZK) technology to build Layer 2 with the purpose of inheriting security and accessing the strong Ethereum community.

🔸 Established in 2019, to date it has built an ecosystem including: Layer 2 ZKsync Lite, Layer 2 ZKsync Era and Hyperchain ZK Stack toolkit.

🔸 ZKsync is among the top projects raising capital in the Crypto market with an amount of 458 million USD over 5 rounds from funds such as: DragonFly Capital, Placeholder, a16Z, 1kx,...

🔸 At the time of TGE, 17.5% of the total supply ~ 3.6 billion ZK for Airdrop will be completely unlocked and account for most of the initial token supply (The remaining amount is heavily minted but is likely locked for use in other tokens). hd later)

The market will pump extremely strongly after September:

Cz released from prison - September
FED finalizes interest rate cut schedule - September
Layer0, Eigen goes on the floor
$ETH ETF is officially trading
The market is running out of weak hands because altcoins are divided everywhere

At the end of this year and early next year, to boost the economy, incentive packages for loan interest rates will be launched to stimulate demand, and the period of cheap money begins.

Of course altcoin will soon bump after that, what we need to do now is to try and make money to buy strongly at this stage.

This season has been really different as at the beginning of the bull cycle, Memecoin is always pumped first

Therefore, my priority will be Memecoin to hold and will buy more when I save capital

Most memecoins have dropped 30-40% from their peak. Less risk if you add more capital at the peak

Coinbase Future recently listed 4 Memecoin projects: $BOME Floki Bonk Shib

➡️ This means that these projects will have a very large transaction volume in the near future. The current market is quite similar to when Pepe was listed in the Future on April 11.

I expect Mcap $BOME will at least surpass Wif. Not Wif but $BOME is Pepe's main rival

#ZKsyncis truly END-GAME

Note: this article's analysis is based on objective data

1⃣ Volume in the past 24 hours has decreased sharply with a layer-2 being promoted as leading but the volume is only 21 million USD/24 hours
- Optimism: 120m$ = 6 times Zksync
- Arbitrum: 600m$ = 30 times #zkSync

2⃣ Regarding the Dapps in the system, the entire TVL decreased because users simultaneously withdrew after the information "all for the community but the airdrops are the DEV community"

3⃣ The keyword "#zkScam" is currently the top 1 trending on X
--> The community turned away very strongly after the effort they put into supporting the project right after receiving the airdrops.

4⃣ The airdrops criteria do not include txns, and in terms of NFTs, only 1 project about NFTs is counted.
--> Dapps in the system also turned away.
--> The fee they earn is probably billions of $ when ETH price is high and Dencun has not been upgraded yet but they think that the TXNS criteria is meaningless, not real users --> take money from people who work for the system and give it to family members.

5⃣ Price forecasting is simple, guys
- OP FDV 9 billion
- Zksync = 1/6 OP = 1.5 billion
--> ZK = 0.07$
- When listing, it will probably push it to let the dev release it, so the price is probably around 0.2$ which is okay to release. As for this system, I put it on the Blacklist.

Summary:#ZKsyncis truly END-GAME.

Source: Thanh Le GTA

CPI consumer inflation in May increased by 3.3% over the same period, slowing down from 3.4% in April.

Core CPI (excluding energy and food prices) increased by 3.4% over the same period, decelerating compared to the increase of 3.6% in April.

After positive news about CPI, the market shows the possibility of INTEREST RATE from now until the end of the year as follows:

- No interest rate reduction of 4.8%.
- One-time interest rate reduction of 25.5% (Strong reduction after CPI)
- Reduced interest rates 2 times to 42.4% (Strong increase after CPI, highest rate, expected to occur earlier in September).
- Reduce interest rate 3 times to 23.6%.

We will observe how this rate changes after the interest rate meeting at 01:00 tomorrow morning. Hope to see Chairman Powell dove 👀

Gold, Bitcoin and stock Futures contracts 🇺🇸 all increased after the news

Aethir has officially listed

Total Supply: 42 billion
FDV: 3.6 billion
Private MC: 300m TGE 10%

Currently, everyone who runs a node or goes private is returning home. After IO list Binance, Aethir list Okx are all successful, the ability to run nodes is a trend for projects at the moment.

Putting aside ZK, let's take a look at the current $IO parameters!

+ Circulating supply at TGE: 95,000,000 (19% of total supply)
+ Total supply at TGE: 500,000,000 $IO
+ Maximum supply: 800,000,000 $IO

Current trading price: $4/ $IO - Equivalent to MKC: $400M & FDV: $2B (with a total supply of 500M tokens at TGE as announced by Binance).

Compare with projects working in similar fields as $RNDR: it can be expected that $IO can grow close to the MKC level of $RNDR (4-5 billion USD around the ATH area) and higher when the market recovers. .