Before I knew it, I have updated 130 issues. I believe that my friends have gained quite a lot over such a long time!
If you just met me, then your happiness and lucky road will start from now! All historical records can be traced back, and the records of the past can still be checked. It is fate that brings us together! In the future, I will often share some promising spots with you!
The veteran is a more down-to-earth and easy-going person. After all, he has been caught in the rain, so he always wants to hold an umbrella for others! The veteran has taken too many detours. I am not a good person. I just want to provide a warm habitat for those who know the veteran in this ruthless circle! Use my knowledge to help you avoid some unnecessary detours!
Daily interpretation of Big Pancake:
With the influence of the news at noon today, the price of pancake fell directly by 2,000 dollars. The small level is almost near the longitude support. If this position is not broken for the time being, consolidation will continue, and the upward trend will be the main focus!
Pay attention to the range of 67200-66700 below. This small-level support is a good buy position. Look for a rising wedge breakthrough!
Let's talk about ether
There is a need for a pullback at the small level of Ethereum. The small level follows the big cake to step back, and the trend is still very strong. Pay attention to 3800-3810 below. If it falls below, it will go to around 3750
The 4000 position has been tested several times, and there is still an opportunity for a breakthrough. Currently, many people are waiting for the implementation of ETFs. You can pay more attention to the news. If the news drives the rise, then the next wave of rising prices will start directly!
I remind you every time. If you know that the market will get better in the future, why don’t you buy on dips? Every decline is an opportunity to add positions. This is what Lao Bing has been emphasizing to you!
And it has been verified many times before and after. Never get too entangled in what has happened. After all, everything should be forward-looking. Whether you can make money later is the key! Buying on dips before the bull market comes will never be out of date!
Sorted out the news:
1. $LFT - Lifeform announces the launch of its official staking program
2.• $JUP - Jupiter announced that they will launch the LFG website tomorrow
3.• $GAL - Galxe will make a special announcement tomorrow at 9pm CT, possibly related to a rebrand
4. • $FLOKI - Floki announced the launch of a closed beta version of its trading bot. The beta will last for two weeks before a public release
5.• $MBX - Marblex announces game token merger vote begins today on Snapshot, proposing transition to single token gMBXL
6. • $SOL - Solana validators approved a proposal to allocate 100% of priority fees to themselves, ending the 50/50 burn/reward split
7. • $UNI - The Uniswap Foundation announced that Uniswap v4 will be released later this year. They hold $41.41 million in cash and stablecoins
You can pay special attention to GAL. The current quotation is: 3.89u. The brand is going to be reshaped. At present, the 4H has broken through. After a small-level retracement to digest the selling pressure and absorb funds, once the news is released, it is expected to accelerate and increase in volume. The expected increase is more than 20%!
Back to the topic:
Although the overall market has weakened due to the Mentougou incident, the market is still in a safe range. Currently, the 1LbeDVd9 address holds about $9.6 billion worth of BTC. As long as this address is not transferred to the exchange, the probability of temporary selling pressure is very small.
If the selling pressure on the exchange leads to panic selling, it will be no less than a black swan attack. There are also rumors that the tokens held by this address are used for compensation. This matter has been hyped several times in recent years.
Spot holders don’t need to worry too much, the future direction is definitely upward, no matter how tortuous the road is, the destination will be reached!
△Risk Warning: The price of digital assets fluctuates violently, and investing in digital assets is very risky.
