The reason for the big drop has been found!
Brothers, I really told you in advance!
At the highest point, I shouted short to everyone at the first time.
I have just been in B'an for a week. At the beginning, I told you that you are welcome to verify my technical winning rate.
But B's father pushes too little, and there are always people who can't see it. You must follow me closely.
There are still many people who criticize technical analysis for being useless.
For this kind of lazy, low, and stubborn, it's really funny.
I am not a great god, I can completely beat 99.9 people in this square with the simplest technical analysis🤒
I still say that you are welcome to verify it.

Hey, I should be the first one in the network to call out yesterday's intraday high, right? This is pretty clever, right?
You can take a look at the trend after this single positive lure, is it a continuous sell-off?
Many people say that technical analysis is useless. So what can I say? Even if you are admitted to a university, you can't guarantee that you can find a lucrative job. But if you haven't even attended nine years of compulsory education, you can't even cross the basic threshold. It's like an old woman from the countryside entering the city, a silly headless fly, hahahaha
Jingwei is a new member of Binance on May 4th. Brothers and sisters, please take care of it. Thank you (fist). You can click to follow to verify the winning rate of my views. If you have any technical problems, please discuss them together. If you need learning materials and videos, don't worry about me. I guarantee the most advanced technical analysis courses on the entire network (shared at a super low price).

Professional power revealed: Why is technical analysis so important? Come and get the learning materials!

🌟 Have you ever been confused by market fluctuations? Have you ever missed a good opportunity due to lack of professional knowledge? Don't worry, today I will reveal the importance of technical analysis to you and help you on the road to becoming a professional trader!

📈 Technical analysis, as the core weapon in the investment field, can help us gain in-depth insights into market dynamics and grasp market trends. It reveals the laws of market operation by analyzing historical data, price charts and other information, and provides valuable references for traders.

🔍 Why is technical analysis so important? First, it can help us predict market trends and seize investment opportunities in advance. Secondly, technical analysis can reduce investment risks and allow us to respond to market fluctuations more rationally. Finally, technical analysis can also improve investment efficiency and make us more comfortable in the market.

💪 However, to truly master technical analysis, it is far from enough to rely solely on self-study. We need to systematically learn relevant knowledge and accumulate practical experience to gradually improve our professional level.

🎉 Now, Jingwei has prepared a series of professional course learning materials for everyone, from basic knowledge to practical skills. Whether you are a novice or an old hand in trading, you can find the learning content that suits you here. Come and get the course learning materials, let us move towards the ranks of professional traders together!

💡 Remember, professionalism is the hard truth! Through technical analysis, we can better grasp the pulse of the market and realize wealth appreciation. Go to the homepage and explore the mysteries of trading together! #技术分析 #BTC走势分析

Brothers, I must share with you this field full of challenges and opportunities - the world of traders. In this market environment full of variables, traders have added endless colors to our economic life with their wisdom, courage and determination.

First of all, let's think about what traders are? Simply put, traders are those who look for opportunities in the market and use price fluctuations to buy and sell. This job is full of risks and excitement, because we not only need to face the changing market, but also need to deal with various unpredictable risks. However, it is this uncertainty that provides traders with unlimited opportunities.

So, how to become a qualified trader? First of all, you need to have a strong desire for knowledge and learning ability. The market is unpredictable, and only by continuous learning can you keep up with the pace of the market. Secondly, you need to have the ability to think independently. In trading, you need to have your own insights and judgments, and you can't blindly follow the trend. Thirdly, you need patience and determination. Trading is a long-term process that requires you to have enough patience and perseverance to persist. Finally, you need to have good psychological quality. Trading is full of risks and uncertainties, and you need to learn to deal with stress and emotional fluctuations.

In this market full of challenges and opportunities, if you want to be an excellent trader, you need to have a deep understanding of the market, learn a variety of strategies such as technical analysis and fundamental analysis, and improve your psychological quality and risk management ability. Of course, we also need to always maintain awe of the market, maintain rational investment, and don't blindly follow the trend.

I want to emphasize that although it takes a lot of effort and time to become a qualified trader, as long as you persevere, you will be able to find your place in this market full of challenges and opportunities. Let us bravely face the changing market and use our wisdom and courage to create our own glory!
(Go to the homepage to share trading courses for free and strengthen the trading team)

Lao Zhuang can't hold on any longer🤤

#BNX.智能策略库🥇🥇

The EU is considering including cryptocurrencies in the 12 trillion euro investment market, and its impact may far exceed that of US ETFs

The European Securities and Markets Authority (ESMA) is consulting the industry and experts on whether crypto assets should be included in investment products. This move is expected to open up a wider market for cryptocurrencies, far exceeding the market size of spot Bitcoin ETFs. The plan aims to expand the scope of application of UCITS (EU Transferable Securities Collective Investment Plan), which has a market size of 12 trillion euros. If this move is implemented, it will be a key step in the mainstreaming of crypto assets in Europe.
ESMA's consultation deadline is August 7, and whether it will be approved remains to be seen. DLA Piper lawyer Andrea Pantaleo said that the impact of this move will far exceed that of US ETFs, as many fund departments may invest part of their liquidity in crypto assets.

☠️Beware of scams!
Recently, many wallets have received a lot of these NFTs and 0TON with messages attached. Don't be fooled. Here is a real case to illustrate the scammer's process: the ton wallet received the message, which is the one in the screenshot above. As a result, I searched raff_claim in Telegram and joined this group. It looks like there are more than a thousand people. There is an announcement in it, with a link. I clicked the link to claim, and then the transaction interface popped up. All valuable coins were in the transaction. As a result, I clicked confirm, and then all the coins were transferred at once. I thought it was received, but it was actually transferred away!
Generally, it is okay to connect to a wallet, but don't connect to suspicious links at will, don't confirm unknown transactions, and be sure to look carefully!

Rune transaction fees have exceeded $145 million since launch

According to a new report released by Binance Research, "The Future of Bitcoin #2: Tokens", since the launch of Rune, its fees have exceeded $145 million, accounting for about 45% of all Bitcoin transactions. #符文协议有前景吗？

Ethereum Foundation transfers 1,000 ETH to multi-signature contract address

According to on-chain analyst Ember, the Ethereum Foundation transferred 1,000 ETH to the 0xbC9...bC3 multi-signature contract address. According to previous situations, these ETH will be sold in batches and converted into DAI and then transferred to the Ethereum Foundation's funding wallet (0x9eE...13D).

Many Asian countries have launched a "currency defense war".
According to data released by the Bank of Korea, as of the end of April, South Korea's foreign exchange reserves were US$413.26 billion, a decrease of US$5.99 billion from the previous month, the largest drop in nearly 19 months. The Bank of Korea said that the shrinkage of foreign exchange reserves was due to market stabilization measures. Overseas investment institutions believe that the Bank of Korea has used at least more than US$3 billion in foreign exchange reserves to intervene in the foreign exchange market and stabilize the exchange rate.

Are you happy

15-minute single positive lure

Binance Report: Total Cryptocurrency Market Value Dropped 11.3% in April

On May 7, Binance Research Institute released its April Crypto Market Report. The main points are as follows:
The total cryptocurrency market value dropped 11.3% in April. The main reasons for this include changes in expectations for interest rate cuts, geopolitical risks, and slowing spot Bitcoin ETF flows;
The total supply of USD-pegged stablecoins reached a two-year high. The supply of USDT and USDC has been steadily increasing, indicating continued capital inflows into the crypto market;
Most of the top ten tokens by market value were in decline at the end of the month, with TON and BNB rising 1.0% and falling slightly by 1.4%, respectively. ETH and BTC both fell by about 8% in April, and XRP and SHIB fell by 17.1% and 19.2% this month, respectively. DOGE, ADA, SOL, and AVAX fell by about 30% by the end of the month;
DeFi's overall TVL fell by 0.7% in April. Among the top ten blockchains, Merlin Chain TVL grew the fastest, with an increase of 1,000% and a TVL of over $1 billion;
The NFT market also declined in April, with total monthly sales falling 21% to $1.11 billion. Four of the top five NFT series in terms of sales that month belonged to the Bitcoin ecosystem.

Bitcoin wallet maker Exodus listed on the New York Stock Exchange

Exodus Movement, a developer of Bitcoin wallet software, said on Monday that it has been approved to list its common stock on the New York Stock Exchange. Exodus CEO and co-founder JP Richardson said that our common stock is tokenized on the Algorand (#ALGO) blockchain, so we are the only company in the United States that has tokenized its common stock on the blockchain.
SEC qualification means that the company has been approved to offer and sell its Class A common stock to investors under Regulation A of the Securities Act, which in turn allows Exodus to raise funds from the public in a regulated manner.

BCH will upgrade the entire network on May 15, including the adaptive block size limit algorithm

BCH will upgrade the entire network on May 15. The upgrade is codenamed "Jessica" and will include the adaptive block size limit algorithm (ABLA), which allows the blockchain to automatically and quickly respond to congestion, thereby protecting the network from social attacks.

Why are there so many one-year US bonds recently?
Why are there fewer and fewer long-term US bonds, and the market is less willing to buy them?
Moreover, the interest rate of 30-year US bonds is higher than that of 10-year US bonds.
Although Yellen mentioned before that she intended to adjust the structure.
However, in my opinion, the interest rate difference between long-term US bonds and short-term US bonds shows that the market is not very optimistic about the future.

In the absence of traditional monetary tools, the Fed sells short-term Treasury bonds and buys long-term Treasury bonds to lower long-term interest rates and further stimulate the US economy.
The Fed has implemented distortion operations twice in history, the first time in the 1960s and the second time in 2011-2012. The core purpose of using distortion operations is to reduce long-term interest rates, stimulate market investment and promote economic development while controlling the size of the balance sheet.

Most U.S. Treasury yields closed lower.
The 2-year Treasury yield rose 0.8 basis points to 4.837%, the 3-year Treasury yield fell 1 basis point to 4.653%, the 5-year Treasury yield fell 1.8 basis points to 4.49%, the 10-year Treasury yield fell 3.1 basis points to 4.487%, and the 30-year Treasury yield fell 3.7 basis points to 4.635%.
The U.S. Treasury yield has also been adjusted.

I say it again, bearish, bearish, bearish, bearish, important things should be said three times.
Don't listen to those so-called big Vs anymore, what golden needle bottoming.
If you know a little about technical analysis, you can see that the downward structure is obviously not complete.
I am not a great god, I just tell the truth.
Welcome to verify (within a week), this week will definitely close with a big negative line.
#BTC走势分析 #ETH

Solana on-chain DEX had a transaction volume of nearly $1.1 billion yesterday, surpassing Ethereum to rank first

On May 6, DeFiLlama data showed that Solana on-chain DEX had a transaction volume of $1.097 billion on May 5, surpassing Ethereum to rank first. In addition, the transaction volume of Ethereum on-chain DEX yesterday was $998.67 million, ranking second; the transaction volume of BSC on-chain DEX yesterday was $482.09 million, ranking third.

Grayscale GBTC shares rise after first inflow since January

On May 6, Grayscale Bitcoin Trust (GBTC.P) shares rose 5% in pre-market trading on Monday, the first inflow since January.
GBTC has seen $17.46 billion in outflows since the trust was converted into an easy-to-trade ETF in January, partly due to its higher fees compared to competitors.