What happened in the market yesterday in five minutes? ----《Tools and Airdrops》
【Airdrop】
(1)The Binance USD1 holder WLFI subsidy event ends on March 20, with a total prize pool of 235 million WLFI, distributed over 4 weeks, with 58.75 million each week.
(2)Backpack Exchange will conduct TGE on March 23 and perform a second KYC verification. Users who previously purchased other accounts may not be able to claim the airdrop.
【Tools】
(1)Dune joins the Pharos Network RealFi Alliance and launches the Dune MCP feature, which can be directly integrated into AI tools like Claude, ChatGPT, etc.
(2)Pepe Boost updates support for Tokenized Agents and has built-in multiple trading strategies.
(3)GMGN updates support for SOL Liquid Launchpad, providing fast and smooth Liquid token trading.
(4)Valuescan announces that it is integrating OpenClaw.
Five minutes to help you understand what happened in the market yesterday? ---- "Macroeconomic Edition"
(1)The U.S. Senate voted to prohibit the Federal Reserve from issuing central bank digital currency (CBDC), a move that may affect the U.S. policy direction in the digital currency field and could impact the global development of CBDCs.
(2)Due to the U.S. and Israel beginning bombings in Iran, European banks fell by 10%, with the market fluctuating due to oil prices, interest rates, and conflicting factors; geopolitical tensions are affecting the financial markets, which may lead to risk-averse sentiments and asset price volatility.
(3)14% of the total Bitcoin supply is held by ETFs and companies, valued at over 170 billion dollars, currently lying idle without generating any returns.
(4)The U.S. Treasury sanctioned 6 individuals and 2 entities related to cryptocurrency money laundering activities involving North Korean IT workers, raising nearly 800 million dollars in 2024.
In five minutes, understand what happened in the market yesterday?
[Macroeconomic] 1. The geopolitical tensions in the Strait of Hormuz have escalated, with Iran deploying mines, the U.S. demanding their removal, and both sides in a standoff, pushing up crude oil prices, which may affect the crypto market. 2. The U.S. Treasury has lifted sanctions on Tornado Cash, but the Department of Justice is still investigating related activities, leading to contradictory regulatory attitudes. [BSC Meme Dynamics] Yesterday, three major golden dogs emerged: 1. #RichBird Narrative: CZ posted a reply to the wealth list post, and He Yi also replied. Highest market cap: 1.7m CA: 0x6d785b0855f371954d8d244dcaf534f1f57e4444 2. $Distorted
In five minutes, review yesterday's hotspots and don't miss important investment opportunities!
[Macroeconomic] 1. Trump claims the Iran war is 'essentially complete,' tensions in the Middle East may ease, and the risk of oil supply disruption decreases. Oil prices plummet, US stocks and BTC rebound. 2. Strategy buys BTC at an average price of $128 million for $71,000. 3. The US Treasury Department acknowledges the legitimate use of mixers. 4. The US Department of Justice will bring the Tornado Cash co-founder case this fall. 5. Maersk suspends Middle East shipping, Red Sea crisis spreads to the Persian Gulf. 6. Traditional financial rules are embedded on-chain through tokenization, with the United Nations testing blockchain fund distribution in over 40 countries.
I've recently set my sights on a target for 'making big money in reverse'.
In a bear market, look for targets to short, and in a bull market, look for targets to go long. During this time, I've been looking for targets to short, and if it weren't for a friend's mention, I would have almost forgotten about the Movement project. First, let's talk about my impressions of this project based on my own experience, and then analyze the four main reasons why it can be shorted in the long term.
At first, I thought having EVM and Move compatibility was somewhat innovative, and the financing background was decent, so I considered developing some projects on it.
As a result, not only did the team members not do anything, but they also unjustly placed various blame on others.
I haven't opened many orders in the past couple of days, just opened a short order for $LIT and $STRK .
First, let's talk about the coin $STRK . The logic for shorting was based on the judgment that BTC might drop to 90000 or, as usual, create resistance, so I looked for junk coins to short. At that time, $strk was already in a downward trend, so I shorted it accordingly, and eventually made a profit and exited.
Now, let's talk about the painful $lit. The logic for shorting wasn't too problematic; I opened a short at an average price of 3.38, but ended up losing and exited. Then last night it dropped to 2.24, which is quite unfortunate.
The reasons for shorting lit are as follows: one is the fundamentals, and another is that it has accumulated a large amount of liquidity while moving sideways. In terms of fundamentals, lit is in competition with Binance; currently, in the perp track, hype is the leader, aster is the second, and most of light's trading volume relies on wash trading, while the actual trading volume is yet to be observed. Additionally, there was a judgment that an airdrop was about to happen; it is generally agreed that airdrops usually dump first, and the project team wouldn't be foolish enough to open the market and let wash traders take the positions. From the timing of the quoted post regarding lit, it was accumulating a large amount of liquidity while moving sideways at the bottom, and the downward trend was slowly opening up. With the airdrop distribution approaching, it was highly likely to consume the liquidity below.
At that time, the stop loss was set at 3.51, which is an area with less liquidity above. After waking up, I saw it had risen to 3.7 and hit my stop loss. After it dropped, I was worried it would rise again, so I exited at a loss.
The lessons learned this time are as follows: (1) Don't leave orders while sleeping; don't put yourself in unknown danger for the sake of a surprise after waking up. (2) If you have a long-term logic, then trade long-term, building positions in batches; don’t use long-term thinking for short-term trades; the two need to be separated.
三三爱吃车厘子
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Bearish
Empty a hand $lit
Stop loss 3.51, take profit set at 3.23
We can discuss the logic tomorrow when I have time, for now, I'm going to sleep
The total amount of stablecoins has reached a new high, and the price of coins does not rise. We still need to consider two questions:
How much of these stablecoins flow to CEX and DEX?
After flowing to CEX and DEX, how much will actually be traded?
From the perspective of the stablecoin reserves in exchanges, there has been a continuous inflow of stablecoins since April 7, but from November 12 until now, stablecoins have still been flowing out.
The outflow over the past month has consumed about 32% of the increase since April.
Comparing Ni's big categories to M2 is quite reasonable. A lot of money in M2 is just deposits and credit derived from the banking system and may not flow into risk assets.
The increase in the market value of stablecoins does not mean that this money will go to buy coins and push up prices; at most, it can only represent a higher potential purchasing power ceiling.
In addition, stablecoins are increasingly used for payments, settlements, and on-chain yields. Some studies estimate that the annual trading volume of stablecoins has already reached a very large scale.
Therefore, the use of stablecoins has become broader, not just limited to buying coins. The market value of stablecoins can only be regarded as the overall water level in the cryptocurrency circle, but to see whether tokens will rise, other filters need to be added.
In 2026, I set a task for myself that would make people laugh if I said it out loud: Earn 100,000 u from 50u
Currently, through the fluctuations of $move, I have already increased from 50u to 114u, doubling my investment
Next, I plan to do some Binance square, sharing my views on the market, my usual research methods, as well as the logic and the journey of conquering 50u here
"In 2026, I will definitely make it happen 💪"
三三爱吃车厘子
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I've recently set my sights on a target for 'making big money in reverse'.
In a bear market, look for targets to short, and in a bull market, look for targets to go long. During this time, I've been looking for targets to short, and if it weren't for a friend's mention, I would have almost forgotten about the Movement project. First, let's talk about my impressions of this project based on my own experience, and then analyze the four main reasons why it can be shorted in the long term.
At first, I thought having EVM and Move compatibility was somewhat innovative, and the financing background was decent, so I considered developing some projects on it.
As a result, not only did the team members not do anything, but they also unjustly placed various blame on others.
I've recently set my sights on a target for 'making big money in reverse'.
In a bear market, look for targets to short, and in a bull market, look for targets to go long. During this time, I've been looking for targets to short, and if it weren't for a friend's mention, I would have almost forgotten about the Movement project. First, let's talk about my impressions of this project based on my own experience, and then analyze the four main reasons why it can be shorted in the long term. At first, I thought having EVM and Move compatibility was somewhat innovative, and the financing background was decent, so I considered developing some projects on it. As a result, not only did the team members not do anything, but they also unjustly placed various blame on others.
WING surged 80% yesterday, and today it surged again to top the Binance growth list!
WING is a decentralized lending platform incubated by Binance, and is an old project in 2020.
The developer is Ontology, a public chain focusing on Web3 identity, developed by Li Jun from Fudan University.
So WING is a Chinese project.
In addition to participating in the governance vote of the project, holders of WING can also receive dividends.
In the auction on September 24, 50% of the fees will be used to repurchase WING.
Only half of it has been released so far, and most of the coins are in the hands of the project party, which is highly controlled.
When WING's daily line was fluctuating sideways at the bottom, the dog dealer also conducted multiple test runs.
Usually, you can pay more attention to some secondary coins or memes whose trading volume suddenly increased and then fell back, and you can follow the dog dealer to drink a sip of soup.
But don't chase it now, the TVL is 14.39 million, and there is no improvement.
Some time ago, Neiro's listing on Binance led to a wave of enthusiasm, and the trend of playing with the conspiracy group has gradually shifted to the community CTO.
After the dog dealers have sniped the chips in the front row, they will wash off the label of the conspiracy group by transferring from the left hand to the right hand.
Then the hippopotamus led a wave of zoo market, and various Internet celebrity animals were hyped.
At present, the popularity of the zoo has almost been hyped up.
Only SOL's hippopotamus has the expectation of listing on Binance and the hype of ETH hippopotamus V God selling the remaining chips.
The recent narratives that can be hyped are:
On October 10, Musk's unmanned driving was released.
Next week, HBO's documentary will reveal the true identity of Satoshi Nakamoto. (There is a high probability that there will be no results)
The US election on November 5. (Focus on ambush, both Trump and Harris will ambush)
When the narrative happens, you must first pay out the capital + profit.
The following Harris can be ambushed, with a market value of $5.6 million, dyor:
CA: 0x155788DD4b3ccD955A5b2D461C7D6504F83f71fa
(Don’t ask why only this CA is issued, because I’m on board, haha, the market value of the others is very low, so I don’t want to issue them)
Fan tokens are utility tokens issued by clubs, teams or brands.
Holding fan tokens can obtain stock privileges and exclusive club privileges.
OG has tested the market 2 or 3 times during the bottom shock in the past 4 months.
Finally, I felt that it was almost washed out, so I pulled it up directly today.
Next time you encounter this kind of shock, there will be a huge volume for one or two days, and then it will fall again.
If there are multiple such behaviors, it can generally be determined that the dog dealer is testing the market, and you should pay special attention to it.