The price of arb is really low, but the technology is good. Its stylus is quite powerful. I feel that chain games on arb may develop. More than 200 million ARBs have been used to reward chain game projects. Stylus also supports programming in various languages ​​and is compatible with EVM, which has made a qualitative leap in the number of games that can be programmed on ARB. The Arb chain is now cheap enough. The foundation is almost laid, let's see if a good product can be born. $ARB

NOT's market maker is DWF, the one that has the strongest pull. Many of CFX and YGG's explosive pull coins are its work. CFX and YGG both rose 10 times in the short term. Each of them was unique at the time. But in the end, they were all in a mess, and basically cut in half again.
It depends on yourself, whether you dare to chase high, I don't want to touch this kind of coin, it's too difficult to make money on DWF. Especially this kind of coin that has already risen 4 times from the bottom price.
I bought a coin that DWF has invested in, RSS3. After buying it, DWF invested, and then it rose for a day and then fell, which tortured me for a long time. Finally, I cut my losses. RSS3 still rose this year, but it didn't explode. DWF has also invested in many, not all of them exploded. $NOT

Although the news of ETH ETF has less and less impact, the price of ETH should be supported by the expectation of future benefits. After the ETF can be traded, it has withstood the initial selling pressure of Grayscale. ETH should also have a price leap like BTC. A report analysis said that the ETH ETF will have a net inflow of 3 billion US dollars in about half a year by the end of the year. If there is a net inflow of this scale, it will be quite considerable. It has been almost half a year since the issuance of Bitcoin ETF, and the net inflow is 12 billion US dollars, while absorbing the outflow of 20 billion US dollars from Grayscale. The total scale is more than 50 billion US dollars. The existing scale of Ethereum ETF is the scale of Grayscale, which is nearly 12 billion US dollars. If there is a net inflow of 3 billion US dollars by the end of the year, the scale will reach 15 billion US dollars, which is not small. After the ETF is passed, it is possible that a little new funds will leverage a considerable increase. According to CryptoQuant data, the number of Ethereum on the exchange dropped sharply by about 797,000 from May 23 to June 2, worth 3.02 billion US dollars. The percentage of Ethereum circulating supply held by exchanges has dropped to 10.6%, the lowest in many years. As the exchange reserves decrease, the new demand can have a greater effect.

The annual rate of the US core PCE price index for April has been released. There is no big wave. Fluctuation and stability are still the main themes. There are occasional hot spots, but the continuity is insufficient. This is the characteristic of the recent market. The views of the Fed officials are still the same. There is nothing special. The focus is still on the data, even if the data is fake. This week, the impact of ETH ETF will be further reduced, and it will enter a week of macroeconomic impact. It happens that some important data will be released this week. For example, the PMI of various countries in May, China's is below 50. Other countries will also be announced soon, and the impact will be relatively small. This week, there are also the US ADP employment in May, the Bank of Canada's interest rate decision, the US unemployment rate in May, and the US non-farm payrolls in May after seasonal adjustment. Especially the latter two may cause large fluctuations and need to be closely watched.

Let’s see how long $NOT can still be used as Bitcoin.

Left-side trading and right-side trading. I have been doing left-side trading recently. I am more suitable for left-side trading. I can hold on, I am more resilient, I am full of confidence in the future, I believe in the big trend, and there will always be an increase in the medium-term and long-term cycles. So when the price is reasonable, that is, when it falls to a certain level, I start to buy at the bottom, and the more it falls, the more I buy. Don't buy when it rises. Then wait for the bull market to take off. You need to bear the risk of the market not reversing and the risk of further decline in the counter-trend market. You need to have a better understanding of the macro. The requirements for technical analysis are relatively low, and you don't need to see the trend too clearly. Right-side trading means that you have to buy in the early and middle stages of the upward trend, and then use the inertia of the trend to eat up part of the increase, and then sell after the downward trend is confirmed, so as to bear less of the callback. I am not good at how to determine the trend, so I rarely do right-side trading. There is no good or bad difference between the two. The choice mainly depends on which one you can do well and grasp the key links. A good deal is one that can make money. $BTC $ETH $UNI

VanEck has already submitted the revised S-1 document, which is very fast. With this efficiency, it seems that it will not take long for the S-1 to be approved. $ETH

CPI is positive, and core CPI has started to decline again. It reduces the concern of continued high inflation. But one month is not enough to verify the trend, let alone the Fed's shift to cutting interest rates. It would be better if it can be maintained in the next two or three months. Now it is expected that interest rates will be cut in September, and it will be difficult to cut twice this year. It still depends on how the Fed interprets it, they are the key. The earliest rate cut is September, so be cautious and optimistic during this period, and buy at the bottom instead of chasing high. $BTC $ETH

The market is always developing investors' inertia of thinking after rebounding.
If you want to make money, you have to invest against this inertia.

$BTC $ETH

The media really works for the bookmakers. They don’t publish any news about Cancun. Devnet 9 releases so little news that you wouldn’t know it unless you search it yourself. This is the final test before going to the public test network. This is also an important step in the Cancun upgrade.

If you wait until mid-November when the public testnets are all online to see the hype, there won’t be much soup to drink.

If you wait until the mainnet goes online, then you may have to take over the market.

$ARB $OP $ETH

Loss and profit are both information fed back by the system

Trading must establish a reasonable and correct system. After the system is generated, it will bloom when the market blooms and bear fruit when it blooms. Everything is determined by the market. Profit cannot be equated with correctness, and loss and error cannot be confused together, because profit is the reward of risk, and loss is the reminder of risk. As long as your system is reasonable, it will give you profit within the trend, and at the turning point , bear the loss. Transactions without losses and costs simply do not exist. This is the fundamental reason for controlling positions.

FTX submitted a preliminary restructuring plan, including classifying non-customer claims as secondary, zeroing claims for FTT holders, and restarting offshore exchanges to compensate for customer shortfalls.

FTX will submit a revised plan and disclosure statement in the fourth quarter of 2023 based on creditor feedback to reach a consensus to get out of bankruptcy.

FTX has classified creditors and asked seven categories of creditors to vote in favor of the reorganization plan, while certain claims were canceled.

The priority of creditors will be determined according to the waterfall priority method, and after the claims of the previous class of creditors are satisfied, they will be repaid proportionally from the remaining claim pool.

FTX plans to let creditors give up cash payments and choose to pool assets to create offshore exchanges. The plan is still in its infancy and is subject to change and will be revised based on feedback from consulting parties and other stakeholders, with a revised restructuring plan due in the fourth quarter of 2023.

$BTC Bitcoin just ended a long period of negative year-over-year returns Bitcoin just ended a long period of negative year-over-year returns

If the year-on-year return rate of Bitcoin is negative, it is judged as a#bearmarket, and if the year-on-year return rate is positive, it is a#bullmarket. That was on June 12th when Bitcoin exited its longest bear market ever.

Bitcoin’s year-over-year returns have been negative for 490 consecutive days, a new record, with returns as low as -83.6% over the same period. The previous record was 353 days between November 2014 and October 2015. The bear market entered last year in early February, when Bitcoin was trading at $44,000, about 35% below its November 2021 high of $69,000.

Bitcoin has been in a bull run for the past 24 days. Year-on-year returns during the same period have exceeded 61%.

But this does not mean that the market is safe and sound. This is just a method of judging bull and bear markets, and history does not represent the past. It is possible for the year-on-year return rate to turn negative again and enter a bear market again.

#什么是RWA We often feel that DeFi has no connection to the “real world” and relies on speculation. "Real World Assets", that is, RWA, is a part of cryptocurrency that aims to use blockchain to connect off-chain assets and combine "real" assets with DeFi, NFT, etc.

Crypto-native assets can exist outside of government control, but RWAs are different. For RWA to become commonplace, cryptography must interact with local legal and regulatory systems. Scaling risk-weighted assets requires commercial activity, which means the assets require standard contractual protections and legal guarantees to allow businesses to trade in the real world.

RWA requires concessions from both sides, with regulators and businesses having to push for easing policy. Builders in the crypto industry need to capture opportunities for real-world asset projects. Judging from recent regulatory trends, regulation has the intention to promote this aspect.

#RWA As a blockchain technology, the combination with real assets has certain advantages and potential. The digital approach of RWA blockchain is more transparent and decentralized, which can improve the fairness and security of securitization and enjoy more liquidity. RWA can also be applied in the securitization process of various real assets, such as real estate, art, financial products, etc.

RWA can be divided into the following subcategories: digital goods, digital rights, digitally mapped large physical assets, and digital financial credit.

But using RWA still needs to solve a series of problems. For example, ensuring compliance, including compliance with regulatory regulations and KYC requirements; an asset price evaluation mechanism needs to be established to ensure the pricing accuracy and credibility of digital assets; and regulatory issues also need to be resolved. As these issues are resolved, RWA is expected to further promote the development and innovation of the securitization market.

This article predicts that the price of $RDNT at the end of the year is optimistically expected to reach 0.67. The general situation is 0.45, and the difference is 0.22.

RDNT is a very special existence, a master of narrative, with so many stories.

Cross-chain lending, L2, LayerZero, ve (3,3), real income, it is estimated that it will not be a big problem to catch up with LSDfi in the future.

It can be found in so many concepts, and when the market is good, it can really arouse the bullish sentiment. However, when the market goes bad, you need to pay attention to the issue of token release. At present, its liquidity is mainly driven by rewards. In the future, more chains must be deployed to truly stimulate the demand for cross-chain lending, and only by turning the flywheel can the price achieve solid growth.

If you want to know more, read the article. As for predicting prices, just read it.

Detailed explanation of Radiant Capital: Fragmented liquidity integration of cross-chain lending

https://www.panewslab.com/zh/articledetails/16u01e6n8o4q.html

Despite the price increase for $BTC , its Google search volume remains at cycle lows. To put it bluntly, sentiment is still at a low level at #熊市 . Not long ago, we could see a lot of discussions about whether the blockchain has a future and whether cryptocurrencies are necessary. The problem of digging out the value of an industry from its roots is often mentioned as a reflection of everyone's lack of confidence. If it weren't for the large number of ETF applications and the emergence of the EDX exchange, I'm afraid everyone would be even more bearish about the future.

The low search volume also shows that there are very few new leeks. They are all playing with their stocks, and it will be no problem if they rise. After all, there are more than 100 billion stablecoins in stock, and if you get a little more emotional, you can pull them up. But it may not be sustainable enough, and it may not be able to fly very high or go very far.

But the low position is not without its advantages, and the price is also low. When the search volume increases, the layout will be on the same starting line as New Leek.

The U.S. labor market and economy are still very good, and inflation has dropped well, reaching 4%. No signs of recession have been found, giving the Federal Reserve the courage to raise interest rates.

Powell expressed the possibility of consecutive interest rate hikes in July and September to curb inflation and reach the 2% inflation target. At present, the CPI has dropped well, especially due to the sudden drop in energy prices, but if liquidity is released, inflation will inevitably take off again. Moreover, core inflation is still very stubborn. The only way to bring it down completely is to raise interest rates, or to maintain high interest rates.

Prior to this, the Fed had raised interest rates 10 times in a row. But Powell and most policymakers say more tightening will eventually be needed to keep inflation under control. The latest dot plot of interest rate paths shows that Fed officials expect to raise interest rates twice more this year, by 25 basis points each time.

However, U.S. stocks performed quite well in the first half of this year. The crypto market and U.S. stocks performed at different paces but also performed well.

It is difficult to predict the market situation in the second half of the year. Now $BTC is here, and other currencies have not improved. It seems that an interest rate cut is far away, and liquidity has not been alleviated. It is difficult to say how long it can continue to be bullish.

Fortunately, there is a relatively certain opportunity in the second half of the year, and that is Ethereum’s #坎昆升级 . At the 112th Ethereum Core Developer Consensus Meeting, Ethereum developers discussed the Cancun upgrade.

Parithosh Jayanthi, a member of the DevOps team at the Ethereum Foundation, said that all EL (Ethereum 2.0 client) and CL (Ethereum classic client) teams have passed the relevant Hive tests for Devnet #7. The team plans to launch Devnet#7between June 30th or July 3rd. Devnet#7is a short-lived test network dedicated to testing EIP-4844.

As an important part of the Cancun upgrade, EIP-4844’s testing progress has taken another step forward. Cancun upgrade plans are mainly focused on L2 projects $ARB $OP

The beta of the crypto industry is very large, but how to maintain beta profits through a bear market is difficult, which requires strong investment capabilities and forward-looking judgments on market trends. More than 90% of incompetent people have been eliminated in the bear market, and more than 90% of unreliable projects have also been abandoned by the market. After the big waves wash away the sand, what remains is the essence of this industry.

The market is getting better and more efficient. With the recognition of digital currency and blockchain technology, a large number of professional investment institutions and capable industry builders have continuously entered the digital currency industry in the past few years.

But the process will be painful. 2018 is just the beginning of the bear market, and the most painful stages are actually 2019 and 2020. Similarly, 2022 is the beginning of the bear market, and 2023 and next year may be the most difficult.

hold onto!