Today, BTC is still rising, while altcoins are falling off a cliff
$bome $wif $ARKM

The third of the 161 letters of relatives and friends petitioning for CZ released by the court:

From Ted Lin, CZ's high school classmate

I have known Changpeng Zhao (CZ) since 1990. I first met CZ when we both enrolled in the same high school in Vancouver, Canada. As children of first-generation immigrant parents, we shared similar values ​​and quickly became best friends. CZ is humble, hardworking, and honest, and I am proud to have such an adventurous partner in my youth.

CZ grew up in a simple environment. Among the high school classmates I knew, he was one of the least wealthy at the time. In order to support his family and have extra pocket money to spend, he had to work regularly at the local McDonald's. Despite having more responsibilities and limited free time, CZ was able to maintain excellent academic performance, and I often had to compete with him for the highest score. He also had outstanding athletic talent. Together with several classmates, we formed the school's volleyball team - the Eagles, and he was later named captain.

It was impressive to see the efforts CZ made to improve his volleyball skills. In the early 90s, the internet was not yet popular, so books were the main way to learn new knowledge. In addition to the training arranged by the coach, CZ would borrow volleyball books from the school library and diligently repeat the training movements, imitating the forms and techniques prescribed in the books. His progress was obvious, and eventually we all agreed that he should be the captain.

A lesser-known story about CZ is his English speaking challenges at the time. He often got stuck at the beginning of his speech, repeating the word "and". This stuttering was particularly noticeable in high-pressure environments, such as when he argued about the referee's call as our captain during school volleyball games. But gradually, this stuttering seemed to disappear. What few people know is that CZ has been receiving speech therapy for many years.

Through perseverance, he overcame his speech impediment and became an eloquent English speaker.

We graduated from high school in 1995 and went to different universities and started different careers. More than two decades later, our paths crossed again, and when I had the opportunity to work with him at Binance, I was very surprised by the unchanged humility, strong work ethic and integrity of my high school friend.

Be cautious. There have been many sharp falls this year. This is a fact. Such a situation is likely to continue to happen. So keep some U to buy at the bottom, don't hold all the positions. The chance of reaching 5.6w is very high. You will find that I usually remind you when the market is about to fall sharply, and when I stop posting projects, it means that I think it is going to fall, and I reduce my position. This happened several times before.
$BOME $wif $BTC

I carefully read the [Sun Ge Escape Index] compiled by group members, and I have to say that its accuracy is no less than that of the Ethereum Foundation.

1/ In 2017, Sun Ge announced the launch of ICO (later TRON), 1 month later, 94, all ICOs were withdrawn
2/ In 2018, Sun Ge launched an IEO (btt), and the IEO sector plummeted a month later
3/ I took a photo of Buffett's lunch and wanted to introduce the cryptocurrency world to Buffett, but the cryptocurrency world plummeted within 1 month

The market comes before the news, I don't know if you can understand.

Because before a message is released, the project party or people related to the project party must have done a good job of insider trading, so this stage of accumulation is mostly a consolidation pattern, and when the news comes out, the market generally reflects a breakthrough of the box.

So you can ambush in the box oscillation and look for profit opportunities after the breakthrough. Doing news is not suitable for most people. $BTC

-ezETH loopping targeted blasting
-aevo-rbn price expectation management and then smashing aevo
-veVelo high position lock
-alt pledge shipment
-runix arbitrage card chain
-renzo official estimate loopping but not count points
-aevo official encourages brushing but checks witches
-bp first phase bonus later hell
-runestone nft smashing

So what lessons have we learned from this

MEMEs of all kinds continue to take off, and this wave is going to be very comfortable.

ETH camp
$PEPE takes off
$MOG takes off
$PEPE universe takes off in various ways, this wave of ETH is basically the $PEPE sector, and ETH has always been a particularly obvious sector. A while ago, when everyone thought that the market was bearish, many people in the application sector actually made a lot of money. There is no bear market in ETH, only bearish children who don’t know how to play.

SOL camp
$WIF takes off
$BOME takes off
$BONK takes off

$BOME $BOME Rapidly rise, slightly fall, left foot step on right foot to rise. There is suspicion of dealer selling, be careful

I don’t buy Meme, I buy culture”
Recently, the rebound is the strongest, let’s talk about meme
First of all, don’t be prejudiced against meme. Meme has the strongest spreadability and consensus. The degree of foreigners’ fomo is beyond your imagination. In this round of bull market, there will definitely be new memes reaching tens of billions or hundreds of billions; here we have to mention one thing: “celebrity effect”. In the last round of bull market, Musk single-handedly led doge and shib to set off a global craze, giving birth to memes with a market value of hundreds of billions.
If you have to say a coin that may have the biggest celebrity effect in this round, it should be $PEPE
Pepe took less than five days to recover almost all the losses
$bome $WIF rebounded nearly 80%
$BONK rebounded 100%

Meme sectors collectively exploded
In the bull market, we still have to learn to accept and embrace bubbles
Consensus is king, meme is crowned!

After a callback, the altcoins continued to avalanche. After a few callbacks, Bitcoin could safely return to its previous high, but the altcoins may not be the same. Why? Looking at the historical data will tell you

Many people want to sell all their altcoins when Bitcoin reaches its peak. In fact, this operation may not be correct

Let’s talk about the history of the previous cycle
The historical highs of many altcoins were in May 21, not in November when Bitcoin reached its peak

Take the hottest UNI in the previous round as an example. The highest point was $45 on May 2

After 519, the second escape top position was $30 in August 21, when Bitcoin rebounded from the bottom to just over 50,000

When BTC peaked at $69,000 for the second time, UNI’s highest price was $28

The conclusion is

1. The highest price of some altcoins may not be reached when Bitcoin reaches its highest point, especially the hot tracks that have been hyped, typical UNI, DOGE
2. If you don't sell the altcoin at the high point, the price of the second escape will not be too good, and there will be a 20% retracement
3. The price high point of most altcoins is reached in May of 21, not in November when Bitcoin reached its highest point, such as THETA and OCEAN
4. The last altcoin dance segment that reaches its high point at the same time as Bitcoin may be the sector that has been lying on the ground before, such as SAND

Operation suggestions
1. Don't believe that Bitcoin has not reached its highest point, and the altcoin will set a new high
2. Don't be obsessed with the highest point of the altcoin
3. For the altcoin, you must stop profit in time
4. It is difficult for the hot sector to return to the high point after the speculation, and even the rebound strength is extremely poor
5. Pay attention to those sectors and new coins that have been lying on the ground for a long time and still have a crazy opportunity

Everyone is talking about #eth . Of course, the approval of ETF will boost the market.

But currently, it can only be driven by funds on the market. For ETF to really work and be effective, it must wait for a large amount of money to flood in, when external investors, big and small, hold so many dollars that they feel it is too hot to handle.

$BICO ARB tokens will be airdropped to BICO stakers

$CELO decided to use OP Stack to develop its Ethereum Layer 2 chain after evaluation

$DODO Launched the “Omni Trade Layer3” solution DODOChain (Arbitrum Orbit, EigenLayer and AltLayer support)

$STX Stacks has started the second phase of its Nakamoto upgrade deployment process. Mainnet activation is expected between May 15th and 29th

$WOO Woo X offers tokenized treasury bonds to retail investors for the first time

$ANKR Neura, an AI-focused layer 1 blockchain, launched on public testnet

$SHIB Completed $12 million financing (through the sale of unissued tokens TREAT) ShibaSwap 1.75 was released on Shibarium

$ONT $ONG Ontology recently announced the launch of a new fund of $10 million, which will be distributed in the form of ONT and ONG tokens.

$ETHFI will soon implement multi-chain expansion through wormhole