You can open the first short position of Ethereum at 3890, the second position at 3930, the third position at 3970, and the stop loss is probably between 3980-4010;

From the oscillation long position at 3600 to the current oscillation short position, the above is a complete idea of ​​oscillation order.
#BTC☀
#ETH🔥🔥🔥🔥🔥🔥
#5月市场关键事件

The US SEC has approved the 19b-4 form for the spot Ethereum ETF. This progress marks an important step in the Ethereum ETF application process. However, it should be noted that although the 19b-4 form has been approved, the ETF issuer still needs to wait for its S-1 registration statement to take effect before it can start trading.
#以太坊ETF批准预期
#ETH
#5月市场关键事件

The U.S. House of Representatives passed the 21st Century Financial Innovation and Technology Act with 279 votes in favor and 136 votes against, with the House Democrats performing strongly. The passage of the Crypto Market Structure Act marks the industry's most significant legislative achievement in Congress.

Although the House of Representatives passed it, it is still a long way from being officially passed. It will then enter the Senate for a vote. After the two houses pass it, it will eventually be handed over to the president for signature, so the process here is still relatively long, but the House of Representatives' passage has opened a historic page.

In simple terms, the FIT21 Act is about confirming rights and determining who has jurisdiction. The bill clearly states that it is a digital commodity. Since it is a commodity, the CFTC has more management authority, followed by the SEC.

Regarding the ETF news of ETH, the earliest news should be received from the U.S. SEC (about the spot Ethereum ETF) around 4 pm tomorrow Eastern Time (4:00 am Friday Beijing Time).
#以太坊ETF批准预期
#ETH
#美众议院通过FIT21法案

Yesterday's financing information at a glance
1. LeverFi has raised $10 million in OmniZK developer funds;
2. Interoperability protocol Stripchain has completed $10 million in financing;
3. Fintech company Colendi raised $65 million at a valuation of $700 million;
4. Web3 climate analysis network WeatherXM completed $7.7 million in Series A financing;
5. Ethereum re-staking protocol Kelp completed $9 million in token financing at a valuation of $90 million
#ETH
#5月市场关键事件

The current political scene presents an interesting contrast. During his presidential campaign, President Trump opened himself up to accepting cryptocurrencies as donations, and he has repeatedly emphasized his support for cryptocurrencies while portraying his opponent, the Biden administration, as unfriendly to cryptocurrencies. party to win support from voters in the U.S. cryptocurrency community.
Against this background, the Biden camp seems to be feeling the pressure, and there is speculation that they may exert influence on the SEC to urge it to approve the ETF, which may explain the sudden change in the SEC's attitude and the significant rise in the price of Ethereum.
If this trend continues, U.S. presidential elections in the coming years are likely to be strongly influenced by the performance of financial markets, with whichever candidate more effectively drives markets higher likely to receive more support.
According to this logic, the current market conditions may continue until around the election, because Trump may promise to further support the cryptocurrency industry after taking office, and Biden may also implement some favorable policies or reduce the suppression of cryptocurrency. court. Regardless, the cryptocurrency space has begun to influence the political landscape of major countries.
#以太坊ETF批准预期
#ETH
#美国大选

Logically speaking, the overall trend of the market has reached this level, and it is unlikely to reach ATH immediately, which means that in the next one to three months, the main theme of the market may be high-level shocks.
Of course, in the process, we can only formulate corresponding strategies when the disk reacts.
Regarding whether the ETH ETF will be approved, I don’t think there is any need to over-speculate and predict, just wait patiently for the results on the 23rd. If it is not approved, the market may plummet; if it is approved, the market may experience a favorable correction.
If the ETH ETF is approved smoothly, we will face more possibilities for the approval of ETFs for other alternative coins (such as alts). SOL may be the first to be affected, so in a sense, if the ETH ETF can be approved smoothly, this may be the biggest benefit to SOL, and it is also the best time to lay out SOL and ETF expectations.
#以太坊ETF批准预期
#ETH
#sol板块

Bloomberg predicts the probability of spot Ethereum ETF approval has increased from 25% to 75%!
#以太坊ETF批准预期

【Daily Important Information】 Gold prices have risen a lot during this period. Spot gold continued to rise after breaking through the 2,400 mark, reaching a high of $2,422.56/ounce, a one-month intraday high since April 12, and finally closed up 1.6% at $2,414.7/ounce, recording two consecutive weekly increases; against the backdrop of tightening supply and increasingly optimistic macroeconomic prospects, spot silver rose even more sharply, reaching $31/ounce, and finally closed up 6.45% at $31.49/ounce, a new high in 11 years.

The surge in gold prices stems from global concerns about the future, the most important of which is the conflict of local wars, so international investors and national levels have shown a strong desire for gold. On the other hand, Bitcoin has not yet been released in this regard. I think the characteristics of Bitcoin will be completely released in the future, and then how people speculate on gold today will be how they speculate on Bitcoin in the future.
#BTC🔥🔥🔥🔥🔥
#黄金价格

A list of important overnight developments on May 20
21:00-7:00 Keywords: USDe, ETF, Venezuela, Sorbet
1. The issuance of stablecoin USDe exceeded 2.4 billion;
2. The total asset management scale of Bitcoin ETF is nearly US$54 billion;
3. Boxbet, an iGaming platform based on Telegram, completed a strategic round of financing;
4. CoinMarketCap: remind users that CMC will not send private messages to ask for funds;
5. Venezuelan authorities seized and cut off the connection of more than 11,000 Bitcoin mining machines;
6. The Gnosis DAO community initiated a "US$30 million GNO buyback plan" proposal vote;
7. Web3 freelance service platform Sorbet completed a new round of financing, and Adaverse participated in the investment.
#USDe
#ETF✅

#SOL
#ETH🔥🔥🔥🔥🔥🔥
#5月市场关键事件
In this round of bull market, ETF has opened a compliant channel for Bitcoin
But Huajie VC Capital seems to prefer SOL rather than ETH...

#NOT开盘预测
#新币挖矿
$not opened last night and was listed on mainstream exchanges such as OKX and Binance. During this period, there was a price difference of about 20% between major trading venues. From the opening to now, it has opened high and closed low. Even so, the market value is nearly 700 million US dollars.

New York Fed President Williams (24-year voter, dovish) welcomed the inflation data but is not ready to seek a rate cut. Williams said that while the latest economic data should not be overemphasized, the cooling of the CPI in April was a positive development after disappointing data in previous months. However, it is still not certain that price pressures will continue to move toward the Fed's 2% inflation target, so there will be no rate cut for the time being.

Cleveland Fed President Mester (24-year voter, hawkish) said that maintaining the US central bank's policy at the current level will help get the still-high inflation rate back to the 2% target. Inflation risks have risen, while the risks of weak growth and hiring have weakened, which means that with a strong economy, the Fed has room to look for more evidence that inflation is returning to the target before cutting rates. Mester said the lack of progress in reducing inflation was "disappointing," adding: "I now think it will take longer to get to the 2% target than I thought before." She also said that the softer inflation data at the consumer level in April was a welcome thing.

When the interest rate will be cut at the macro level is very important for the market trend, especially the crypto market, so everyone has paid close attention to it recently. At present, it is basically impossible to cut interest rates before September. The next two months will depend on the macro data in June, July and August. If the performance is ideal, there is a high probability that the interest rate will be cut in September. Everything depends on the data.
#5月市场关键事件
#美国4月CPI数据回落

According to the latest data, the total locked value (TVL) of ZK Rollup L2 network Scroll has exceeded US$400 million, currently reaching approximately US$413.79 million, setting a new record high, with a 7-day increase of 5.32%. Historical data shows that Scroll TVL reached US$200 million at the end of April, which means that the indicator has increased by more than 100% in the past three weeks. In addition, Mode and Immutable X TVL increased by more than 5% per week, reaching US$667 million and US$214 million respectively.
#山寨币热点
#5月市场关键事件

What does Bitcoin halving mean and what impact does it have on the cryptocurrency world?

Bitcoin halving refers to an event in which the mining reward in the Bitcoin network is reduced by 50%.
This means that in the Bitcoin network, when miners successfully mine a new block, they originally received 6 Bitcoins, but after halving, they can only receive 3.

Impact on the cryptocurrency world:

1. The halving event will directly lead to a decrease in the number of new Bitcoins generated per block, slowing the growth rate of Bitcoin supply. Due to the reduction in supply, the scarcity of Bitcoin is theoretically increased, which may attract more investors to buy Bitcoin, thereby exerting upward pressure on its price.

2. After the halving, miners receive less rewards from each block, which means that their income will decrease. Therefore, the cost of mining accounts for an increasing proportion of revenue, and some miners using high-cost equipment may exit the market or require a higher Bitcoin price to maintain profitability.

3. Halving usually attracts market attention and discussion about the future trend of Bitcoin. This increase in attention may bring new investors, further affecting market demand and price fluctuations.

But from historical data, halving tends to have a positive impact on Bitcoin prices in the long run.
Therefore, Bitcoin halving is often seen as a catalyst for price increases, which is why many investors pay close attention to Bitcoin halving events.

#BTC🔥🔥🔥🔥🔥
#5月市场关键事件
#新币挖矿

After the aevo tokens were unlocked, FalconX recharged 12.29 million USD worth of aevo to Binance.
#AEVO.
#aevo解锁

It seems that many people don’t know the origin of people. The origin of people is one of the most exciting narratives in the cryptocurrency circle in the past two years. It is not a Chinese market, but a global market. It is a narrative against old money - crowdfunding to buy a copy of the Constitution.

Note: For scientific purposes only.

#PEOPEL

#5月市场关键事件
#新币挖矿

Overview of financing information in the past 24 hours

1. Fire Rabbit Capital invested in Biton trading platform;
2. DEX Multipool completed a new round of financing of US$600,000, led by NxGen;
3. Web3 infrastructure company Chainstack announced the completion of US$6 million in financing;
4. Game platform Param Labs completed US$7 million in financing, led by Animoca Brands;
5. AfriDex completed US$5 million in Pre-Seed round financing, led by Endeavor Ventures;
6. Egypt's RWA fintech startup Mnzl completed US$3.5 million in seed round financing, led by P1 Ventures and others;
7. NFT perpetual contract trading platform nftperp completed a new angel round of financing, with Zeneca, Dingaling and others participating.