2024.10.30. News——

1) Market Trends:
BTC surges towards new highs, with $4 billion inflow into BTC spot ETF over the past two weeks.
U.S. stock market's NASDAQ and gold both hit new highs. The market expects a 25 basis point rate cut in November. If Trump comes to power, subsequent rate cuts may be more aggressive.

2) Market Highlights:
1. Meme coins like Doge and Neiro are rising. Doge is currently the top traded coin on CEX related to Trump, with the Doge/BTC exchange rate breaking out weekly. Musk remains strategic; his previous purchase of Twitter was not for profit but to prepare for the presidential campaign and control public opinion.
2. The new public chain Sui is rising. Sui remains the best new public chain in terms of fundamentals, except for Solana, with a better token structure.
3. On-chain dog coin Luce surges. Luce is the New Year mascot designated by the Vatican Pope, recently launched with a moonshot, and has been the largest on-chain traded dog coin for two consecutive days.
4. Modular TIA will unlock $1 billion in tokens this week, which is 80% of the current circulation.

On May 21, Anton, head of Binance CIS market operations, joined Bitget.

On August 14, former Binance executive Hon Ng joined Bitget as chief legal officer.

On October 29, Min Lin, a senior executive of Binance and Goldman Sachs, served as Chief Business Officer of Bitget.

2024.10.23. News——

1) Market Trends:
BTC adjusts, altcoins generally decline.
US stocks fluctuate, uncertainty arises from the US elections.

2) Market Highlights:
1. Public chain SOL rises. On-chain memes are active, SOL/ETH exchange rate hits a new high.
2. AI meme leader GOAT surges, recovering all losses and approaching new highs. The AI meme sector is forming a sector effect, and GOAT is expected to become similar to ORDI in this round.
3. The performance of L2's SCR on the exchange is below expectations. Airdrop has basically been countered.
4. The gaming sector, including PIXEL, CATI, SLP, YGG, BEAMX, BIGTIME, etc., experiences a rebound. OK Exchange will list TON chain click game X.

2024.10.21——

1) Market trend:
BTC rose to nearly 70,000, and the altcoins generally rose. On-chain hot money flowed back from the Sol chain to the ETH chain. US stocks rose, and Trump reiterated that if elected, he would significantly reduce interest rates.

2) Market hot spots:
1. NFT and DeFi old coins such as APE and DYDX rose sharply. APE issued a chain (L3 of the ARB chain) to imitate the pump to make a meme public chain, but the meme leader Curtis on the chain was quickly cut in half. DYDX and many other DeFi, NFT, and public chain old coins are also planned to imitate. The market is similar to the previous chain issuance and inscription, but the liquidity is in the Sol chain and the ETH chain, and other chains are all one-wave flow.
2. Public chains ETH and SOL rose. Eth chain Tugou SPX and others fully recovered, hot money flowed back from the Sol chain to the ETH chain, and the seesaw effect was obvious. Sol Tugou GOAT, Gnon and others plummeted, and moonshot retail investors helped to rise and fall.

2024.10.15. Information——

1) Market trend:
BTC's shock phase has ended and entered an upward trend. The altcoins generally rose, the oversold coins rebounded, and the previous strong coins adjusted first.
US stocks rose and hit a new record high.

2) Market hot spots:
1. Meme's Bome, Turbo, Goat, etc. rose sharply. Among them, Turbo and Goat are memes with AI concepts, and both hit new highs.
2. The public chain Sol rose, and the ecological JTO, Ray, JUP, etc. followed the rise. The local dog transactions on the Sol chain are active, and the number is far more than that of the ETH chain.
3. The modular public chain Saga rose. Saga was the most oversold before, and it was one of the few VC coins that were not unlocked before March 25.
4. The small coin Reef rose sharply. Since BN was delisted, it has risen 20 times, and the trend of Zhuang stocks is similar to TRB. The contract short-selling fee rate is -2%.
5. The re-staking of Puffer coins has risen, with a market value of US$700 million, but the airdrop profit is low. Etherfi and Rez, which are on the same track, have market capitalizations of $1.6 billion and $400 million respectively. Hyperliquid of Dex also announced that it will issue tokens in November.

2024.10.14. Industry dynamics——

1) Market trend:
BTC fluctuated downward, and altcoins fell across the board. On-chain gold dogs frequently appeared.
US stocks rose, and US employment data was strong, alleviating concerns about a hard landing of the economy.

2) Market hot spots:
1. The new public chain Sui broke through a new high, and APT followed suit. Sui is similar to the last round of Sol, and the total market value entered the top 10.
2. Fan coins CHZ, OG, PSG, etc. rose. Fan coins pulled the market, and in most cases the market will adjust.

3. On-chain local dogs SPX, GOAT, Mini, Retardio, HarryPotterBitcoin, etc. all rose to new highs. SPX is the leader of the Murad concept, with a market value of nearly $1 billion. Mini is an emoticon popular culture, and Retardio is a Milady community. GOAT is an AI-generated meme similar to Turbo, in which A16Z has invested, 10 times a day, and a market value of $100 million in two days.

Dynamics on October 10——

1) Market trend:
BTC fell back below the weekly line, and altcoins fell across the board. Plustoken began to reduce its holdings of $1.3 billion in ETH.
U.S. stocks rose to a new high, and the market is waiting for the September CPI data this week.

2) Market hot spots:
1. Small coin Pros rose sharply. BN put Pros on the list of observations for delisting, but investor Animoca increased its holdings accordingly.
2. Fan coin CHZ rose, and Meme coin Pepper was airdropped to holders. However, the short-selling fee rate was as high as -0.7%.
3. Meme's Neiro, BabyDoge, etc. rose. Neiro is the market leader. On-chain local dogs SPX, Giga, etc. are rumored to be the dealers of the Murad conspiracy group.
4. L2's SCR has an off-market market value of $1.6 billion. Market rumors give BN a listing fee of $100 million to jump the queue for listing.

2024.10.08. Dynamics——

1) Market trend:
BTC followed the US stock market and fluctuated. The copycat season has arrived, and the main line of the market is meme.
US stocks fell, and the A-share index rose by the daily limit. The situation in the Middle East triggered risk aversion, and the US presidential election was stalemate. The US dollar index rebounded on a weekly basis.

2) Market hot spots:
1. Meme's neiro, spx, fwog, mew, etc. rose sharply. Neiro is the leader of this round of rise, and bn is the dealer. spx is an old meme of cult culture, and the dealer's method is similar to mog. fwog is the frog meme on pump.fun. The long rate of popcat contract is as high as 200%.
2. New public chains sui and saga rose. sui has a market value of 20 billion US dollars, close to the previous high. saga was not unlocked before March 25. This round of market is still hyping meme, new public chains, and ai.
3. Fan coins og, santos, lazio, alpine, porto, etc. rose sharply. OG was a market maker in the past. Historically, football fan coins were mostly pulled up when the market fell.
4. The on-chain dog moodeng (eth) rose dozens of times in a week. Hippo's charity was responded to by Vitalik. The market value of eth chain Hippo reached 100 million US dollars, close to the original sol chain Hippo. On-chain dogs flew around, and gas rose sharply.
5. The platform coin bgb plummeted. Bgb market-making liquidity was insufficient, and large investors were liquidated in succession.

09.24. Industry dynamics——

1) Market trend:
BTC fell and failed to break through the previous high. The copycats generally rose, and meme was the main line of the market. The gas fee on the ETH chain rose sharply, and the thousand-fold golden dogs appeared frequently.
US stocks fluctuated, and technology stocks rose.

2) Market hot spots:
1. Neiro, a meme, rose sharply. Neiro is the market leader, and BN is a strong dealer + strong community.
2. Tao, Arkm, AR, NEAR, AIT and other AI sectors rose. Presidential candidate Harris announced that she would vigorously develop AI.
3. Modular TIA forced a sharp rise in short selling. TIA Foundation's $100 million half-price OTC. The next month will be unlocked, and the market will be pulled before unlocking. TIA's short-selling fee rate is as high as -160%.
4. Terminus, a local dog on the chain, rose sharply. It is Musk's Mars City meme, and it rose 2,000 times in a week. Big boss Li Ping stood on the platform, and many ground-pushing communities spread it. Meme is the excess liquidity in the market. Under the background of market fluctuations, active speculative funds are mainly on the chain.
5. The market leader Polymaket plans to airdrop. The re-pledged eigenlayer of the previous airdrop will start trading on September 30.

9.19. Important Industry News——

1. Mainstream Exchange News:
- Coinbase will add support for Aleo (ALEO) on the Aleo network, and trading will begin later today if liquidity conditions are met. The ALEO-USD trading pair will be launched in stages once the asset is in sufficient supply.
- Binance will remove BNT/BTC and METIS/BTC trading pairs at 11:00 (ET on September 20).

2. Mainstream Project & Hot Event News:
- The development team of Ethereum NFT card game Parallel announced a new 3D first-person shooter game project "Tau Ceti" at the Token2049 conference in Singapore.
- Silvergate Capital, the parent company of crypto-friendly bank Silvergate, has filed for Chapter 11 bankruptcy protection in the Delaware Bankruptcy Court.
- The Federal Reserve began a rate-cutting cycle, cutting the federal funds rate by 50 basis points to 4.75%-5.00%, the first rate cut since March 2020.
- REX Shares and Tuttle Capital Management are launching the first ETFs that offer 2x leverage long/short MicroStrategy (ticker: MSTR), which will track MSTR's daily price changes.
- Celestia officials posted on social media that the Lemongrass upgrade is now live.
- TON officials posted on social media that Catizen is the first consumer-grade Web3 application with more than 1 million paying users.
- Revolut, a London-based fintech company that provides cryptocurrency trading, plans to issue its own stablecoin.
- Bank of Japan Governor Kazuo Ueda submitted documents to a government panel showing that the central bank will continue to raise interest rates if the economy and prices perform as expected.

3. Financing Information:
- Hemi Labs, a team founded by legendary Bitcoin developer Jeff Garzik, has completed $15 million in financing, with Binance Labs, Breyer Capital and Big Brain Holdings leading the round.
- Vana, a Web3 startup dedicated to building a user-owned data pool network, announced on Wednesday that it had completed a $5 million strategic round of financing, led by Coinbase Ventures, bringing its total financing to $25 million.

09.18. Information——

1) Market trend:
The market rebounded following the US stock market.
The US stock market rose, and the market expected a rate cut today.

2) Market hot spots:
1. BN's new currency Neiro, Babaydoge, and Turbo rose sharply. Neiro rose 20 times in two days and is the meme with the smallest market value on BN. First, the uppercase dog contract Fud and lowercase dog were listed to collect chips, and then the lowercase dog was listed to pull the market to achieve BN's story of getting rich. BN indicated that it will focus on listing memes with small market value and dispersed chips in the future. Meme is the main line of this bull market.
2. The social UXLINK rose several times. UXLINK is the web3 social infrastructure, and the BN contract was listed recently.
3. The new public chain Sui rose, and USDC issued coins on the Sui chain. Ecological BLUB rose sharply, which is the head meme of the Sui chain.
4. Modular TIA, DYM, and Saga rebounded from oversold. TIA will be unlocked in October.

9.11. Important industry dynamics——

1. Mainstream exchange dynamics:
- Binance contract copy trading will add DOGSUSDT contract;
- Binance will launch AERGO perpetual contract with a leverage of up to 75 times;

2. Mainstream project & hot event dynamics:
- OpenAI plans to release the "Strawberry" large model in the next two weeks;
- Polygon Labs and Fabric Cryptography launch customized ZK chip to accelerate AggLayer development;
- Matrixport: Bitcoin rebounded 5% after the panic index hit the bottom yesterday, and the current market is driven by technical momentum;
- Paypal and Venmo integrate Ethereum domain name service ENS to support encrypted payments;
- Scroll ecosystem DeFi protocol Pencils announced the first round of token DAPP airdrop plan;
- Fractal Bitcoin: The reward distribution of the Bootstrap plan has been completed;
- Layer3 launches the Launchpad function, and users who participate can get rewards such as the first phase of the project Caldera airdrop;
- Morph and cross-chain aggregator Rango The cooperation will support users to interact with more than 60 chains across chains;

3. Financing information dynamics:
- AI infrastructure PIN AI completed a $10 million Pre-Seed round of financing, with a16z CSX and others participating;
- t1 protocol completed a $2.5 million Pre-Seed round of financing, with a16z crypto and others participating;
- Oracle network Blocksense Network completed a $4 million seed round of financing, led by Permutation and a16z CSX participating;
- Web3 game developer Nytro Lab completed $8 million in financing, led by SevenX Ventures;

4. Regulatory information dynamics:
- North Carolina passed a bill prohibiting participation in the Federal Reserve Bank's CBDC test;
- US state regulators reached a settlement agreement with GS Partners, which will fully refund investors' funds;
- Security token platform tZERO obtained US digital asset custody approval;

9.10. Important industry dynamics

1. Mainstream exchange dynamics: /

2. Mainstream project & hot event dynamics:
- Metaplanet, a Japanese listed company, plans to increase its holdings of Bitcoin worth 299 million yen;
- Compass Mining has launched 3,000 Bitcoin mining machines in Iowa and plans to add another 1,000 in September;
- Onramper has reached cooperation with MoonPay, Alchemy and others to launch services to convert cryptocurrencies into legal currencies;
- BBVA Switzerland, the second largest bank in Spain, has included USDC in its crypto asset service range;
- Tether has invested $100 million in Latin American agricultural giant Adecoagro;
- Startale Labs CEO: Sony L2 Network Soneium Spark Incubation Program has received more than 300 applications;
- Fractal Bitcoin announced token economics: the total supply of FB tokens is 210 million, and the community allocation accounts for 80%.

3. Financing information:
- Blocksense Network, a oracle network, completed a $4 million seed round of financing, led by Permutation;
- PIN AI, an AI infrastructure company, completed a $10 million pre-seed round of financing, with a16z CSX and others participating;
- Solana creator platform DRiP completed an $8 million seed round of financing, led by Coinbase Ventures and others
- Modular blockchain Nal completed a $10 million seed round of financing;

4. Regulatory information: /

The flow of water is not competing for the first place, but flowing continuously.

I am not a gambler. I have opened more than a dozen orders so far. Although the rate of return is very low (about 30%) and the maximum drawdown is 29.78%, the focus is on stability and a 100% winning rate.

I used to double my money when playing contracts, but gradually realized that profits and losses come from the same source. After waves of pleasure, the actual final profit is not ideal.

Now I believe in compound interest and the long-term flow of water. I only use a very small position of 1000U to play contracts. At present, I have no plans to make money by contracts or orders. Opening orders is only to record my daily contract transactions.

At present, I mainly focus on spot, wool, and content. Contracts are mainly "play" for me, mainly psychological gains, and the money is almost negligible. I also like to watch some counterattack stories of contract bosses. It is very exciting, just like I occasionally buy a lottery ticket. I know I will definitely not win, but I will also imagine how to spend the winnings, and buy them for fun.

I think that it is better to spend time and energy on more worthy and threshold-required directions than to study contracts. There are too many people who have been studying stocks for decades and are still poor. The same is true for contracts. There is basically no threshold for it, and it is not worth wasting your life.

But if one day, when I win all 100 orders manually, the initial ant warehouse of 1000U is no longer ant🐜. I might consider putting some energy on leading orders. After all, the data at that time may attract some people, and you and I can all make money together.

Finally, maybe you can put a machine to run, and the effect is even better than opening orders blindly or following teachers. If you play manually, open orders carefully, wait patiently, and pay attention to positions and leverage (leverage must be combined with positions to make sense. It is rogue to say it alone. I personally always use full leverage when playing contracts, mainly for fun, but in fact there is almost no risk).

I like Binance Square very much. I think it is also a happy thing to meet like-minded friends and learn more about more views on the road of currency circle. Take steady steps, enjoy the process, the scenery along the way is often more interesting than the destination, and the same is true for making money.

#BTC走势分析 $BTC #币币皆然

9.7-9.9 Important Industry Dynamics

1. Dynamics of Mainstream Exchanges:
- WazirX stated that the reason for applying for a moratorium order to the Singapore High Court was to have breathing space to finalize a solution for restructuring and compensation, and that it would seek negotiations with potential investors during the application period.
- Coinbase added ZKsync (ZK) to the coin listing roadmap.

2. Dynamics of Mainstream Projects & Hot Events:
- Last week, the US Bitcoin spot ETF had a cumulative net outflow of US$706.1 million.
- According to CME's "Fed Watch", after the Bureau of Labor Statistics released unemployment data, the probability of the Federal Reserve cutting interest rates by 25 basis points in September was 70%, and the probability of cutting interest rates by 50 basis points was 30%.
- US Treasury Secretary Yellen said that the US economy is in good shape, and the cold employment data in recent months indicates that the economy is in a soft landing, not a recession; there have been no major layoffs in the United States, and the economy is "deeply recovering."
- Catizen has 800,000 paying users in six months, with an average revenue per paying user (ARPPU) of $33. In addition, Citizen's publisher PLUTO Studio recently received an undisclosed investment from The Open Platform.
- As of September 7, the supply of USDe has dropped to 2.69 billion, a decrease of about 25.5% from the high of 3.61 billion in early July; the current Ethena reserve fund is temporarily maintained at $46.61 million.
- ZK Nation: The ZKsync governance contract is ready to be launched on the mainnet.
- Fractal Bitcoin: (1) The mainnet is now online, and the token economy is announced: 50% is allocated to PoW mining and 5% is used for pre-sale; (2) In response to the problem of no block production, UniSat responded: The node behavior is being urgently repaired.
- Pudgy Penguins will issue soul-bound tokens to users who hold positions for more than 1,000 days.
- The Solana Foundation seeks to advance the development of open source data tools through proposals, with up to $160,000 in funding.
- Barclays upgrades Coinbase and Robinhood and considers their business models "mature".

3. Financing information dynamics:
- Tether invested $100 million to acquire a 9.8% stake in Latin American agricultural giant Adecoagro.
- Web3 ecosystem service Nest Layer completed a new round of financing, with Manta Foundation Fund participating.
- Comprehensive airdrop task platform Arris completed a new round of strategic round financing, with K24 Ventures and others participating.
- Decentralized SocialFi video platform BlaBla completed seed round financing, with the European Blockchain Association and others participating.