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国内区块链相关产业从业人员,坚信WEB3.0技术会在CN落地生根
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Bullish
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Pepe spot has reached the point of entering the warehouse in batches. If you are afraid of missing out, you can enter a part of the position. If there is a callback, continue to enter the warehouse around 0.012. Pepe, it still hasn't reached the top. $PEPE The king of meme this year
Pepe spot has reached the point of entering the warehouse in batches. If you are afraid of missing out, you can enter a part of the position. If there is a callback, continue to enter the warehouse around 0.012. Pepe, it still hasn't reached the top. $PEPE The king of meme this year
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$ENS has risen a lot, and it may fall back in the short term and then hit a new high.
$ENS has risen a lot, and it may fall back in the short term and then hit a new high.
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Bullish
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$PEPE will continue to charge to new heights. The currency circle has always been speculating on new things rather than old ones. There is a fixed narrative every year. This year's king of copycats is undoubtedly pepe. In terms of strategy, players who seek stability should not touch this type of currency. But it is still not the top to buy pepe spot now. In terms of contracts, short short with a small position at highs, or take a pin at low points. It is not recommended to have too large a position, because this currency may have any short-term trend. To put it bluntly, it depends on the mood of the big dealers.
$PEPE will continue to charge to new heights. The currency circle has always been speculating on new things rather than old ones. There is a fixed narrative every year. This year's king of copycats is undoubtedly pepe.

In terms of strategy, players who seek stability should not touch this type of currency.

But it is still not the top to buy pepe spot now.

In terms of contracts, short short with a small position at highs, or take a pin at low points. It is not recommended to have too large a position, because this currency may have any short-term trend. To put it bluntly, it depends on the mood of the big dealers.
See original
Bitcoin is a decentralized cryptocurrency. The protocol was launched on January 3, 2009. However, for a long time, Bitcoin was not particularly valuable as a means of payment. The first Bitcoin halving event took place in 2012, and at the time this event did not have much impact on the price of Bitcoin, but in 2013, the price of Bitcoin exceeded $22. Liquidations at the then largest cryptocurrency exchange Mt.Gox depressed the BTCUSD exchange rate. Many well-known investors began to criticize digital currencies. As a result, Warren Buffett called Bitcoin a mirage or a Bitcoin bubble. Many agreed with him. However, everything changed after the launch of Bitcoin. Predictions for the price of Bitcoin in 2040 are approximate. Some analysts believe that by 2040, the price of Bitcoin has the potential to reach $2 million. What do you think about the future price of Bitcoin? $BTC
Bitcoin is a decentralized cryptocurrency. The protocol was launched on January 3, 2009. However, for a long time, Bitcoin was not particularly valuable as a means of payment.
The first Bitcoin halving event took place in 2012, and at the time this event did not have much impact on the price of Bitcoin, but in 2013, the price of Bitcoin exceeded $22.
Liquidations at the then largest cryptocurrency exchange Mt.Gox depressed the BTCUSD exchange rate. Many well-known investors began to criticize digital currencies. As a result, Warren Buffett called Bitcoin a mirage or a Bitcoin bubble. Many agreed with him. However, everything changed after the launch of Bitcoin.

Predictions for the price of Bitcoin in 2040 are approximate. Some analysts believe that by 2040, the price of Bitcoin has the potential to reach $2 million.

What do you think about the future price of Bitcoin? $BTC
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Stories of Cryptocurrency Circle Leaders: Even if people around you look down on you, you have to look up to yourself The first time I came into contact with the investment market was when I was in the third year of high school. At that time, I used Nokia to read the news and saw how to make money by speculating in stocks. Then I was very excited and read all kinds of news to learn about investment-related things. From then on, the seeds of my hobby sprouted in my heart, but I was a poor high school student with no money in my pocket, so I had no chance to enter the market. After graduating from high school, there was a summer vacation of nearly three months. I went to Foxconn to screw screws and saved up 8,500 yuan for entry. Later, I opened an account to buy military graded B funds, and then encountered the stock market crash of A-shares. Then the military graded B funds I bought were constantly discounted all the way, merged, and finally sold for more than 500 yuan. At that time, I was completely confused, because a rural high school student worked in the summer for more than two months to save more than 8,000 yuan, and I invested in the stock market for only two weeks and lost more than 500 yuan. At that time, I was very uncomfortable. Later, my mother knew that I used the money from working in the summer to speculate in stocks, and she began to ridicule me and cursed me with some ugly words. I had already lost a lot of money at that time, and I felt bad for a long time after being scolded. After entering university, the monthly living expenses of 1,000 yuan were not enough, so I never had the opportunity to enter the investment market again, but my hobby kept me paying attention to the trading market and learning about K-line knowledge. Then after graduating from university, I came to Shenzhen to find a job and joined a financial company. Since I had some financial foundation, I did well in it and saved some money, and then I encountered the second investment pit in my life. Asset package-Jinyi Porcelain scam. At that time, I also knew that it was a pyramid game, but I thought that as long as I ran faster than others, I would not lose money, so I invested all the 150,000 savings that I had earned from working hard for two years, and I earned more than 400,000 in a few months. I originally thought that I would withdraw all the money when I rounded up to 500,000 [it would be quite awesome if I could have a deposit of 500,000 in the second year after graduation]. When I made more than 400,000 yuan, I called my family and happily told them that I had made more than 400,000 yuan from a project. My father asked me to bring it all up, but how could I listen to other people's suggestions when I was making so much money? I just continued to do what I was doing. Within half a month, the market collapsed and no one bought. The market kept hitting the limit down every day. I couldn't sell the goods in my hands and finally it was nothing.After that, my family scolded me at home after knowing that I lost all the salary I earned from work, and asked me to find a son-in-law. In short, they were not very friendly to me at home. They looked down on me and thought that I had not achieved anything after graduating for several years. My mother said the most about other people's children. After that incident, I became a joke among all my relatives. Later, I came to a blockchain community company by chance when I was looking for a job in 2018, and then I learned about big cakes and other things. During this period, I also made some transactions, but they were all recharged a few thousand yuan to make a small profit from the fluctuation of the cottage currency to make money for foot washing or milk tea. It was a general plan. Later, during the bull market, I learned about the experience of big guys such as Bithuang and Banmuxia who used small funds to make a fortune, which made me see the light in the dark. It made me know that small funds can also be big, and I was deeply inspired by your deeds. Then I made my own low-multiple compound interest trading plan, and I also achieved my goal in more than four years. During my compound interest plan, I never mentioned to my family what I was doing. If you ask, I was working outside. Because I have experienced the way they made money and then lost it, so I will not share anything with them. During the trading period, the pressure of life was really great, and it was really desperate. There were many times when I cried because of losses, but I never gave up on myself. I always asked myself why others can do it but you can't, why others can make money but you can't, do you want to go back to the countryside to spend your whole life? I asked myself again and again, and encouraged myself again and again, and fortunately I persisted. Now when I go home, my parents are not the same as before. If there is anything big, they will take the initiative to tell me and listen to my advice. They are also good children in the eyes of relatives. After saying so much nonsense, I actually want to say: When you want to do something, no matter how people around you look down on you and think you can't do it, you must believe in yourself and encourage yourself. Some seemingly impossible things will succeed sooner or later when you set clear goals and use time to chase them. If others deny you and you deny yourself, then you will never succeed.[I hope my experience can bring a ray of hope to struggling traders--- $BTC
Stories of Cryptocurrency Circle Leaders:

Even if people around you look down on you, you have to look up to yourself
The first time I came into contact with the investment market was when I was in the third year of high school. At that time, I used Nokia to read the news and saw how to make money by speculating in stocks. Then I was very excited and read all kinds of news to learn about investment-related things. From then on, the seeds of my hobby sprouted in my heart, but I was a poor high school student with no money in my pocket, so I had no chance to enter the market.
After graduating from high school, there was a summer vacation of nearly three months. I went to Foxconn to screw screws and saved up 8,500 yuan for entry. Later, I opened an account to buy military graded B funds, and then encountered the stock market crash of A-shares. Then the military graded B funds I bought were constantly discounted all the way, merged, and finally sold for more than 500 yuan. At that time, I was completely confused, because a rural high school student worked in the summer for more than two months to save more than 8,000 yuan, and I invested in the stock market for only two weeks and lost more than 500 yuan. At that time, I was very uncomfortable. Later, my mother knew that I used the money from working in the summer to speculate in stocks, and she began to ridicule me and cursed me with some ugly words. I had already lost a lot of money at that time, and I felt bad for a long time after being scolded.
After entering university, the monthly living expenses of 1,000 yuan were not enough, so I never had the opportunity to enter the investment market again, but my hobby kept me paying attention to the trading market and learning about K-line knowledge. Then after graduating from university, I came to Shenzhen to find a job and joined a financial company. Since I had some financial foundation, I did well in it and saved some money, and then I encountered the second investment pit in my life. Asset package-Jinyi Porcelain scam.
At that time, I also knew that it was a pyramid game, but I thought that as long as I ran faster than others, I would not lose money, so I invested all the 150,000 savings that I had earned from working hard for two years, and I earned more than 400,000 in a few months. I originally thought that I would withdraw all the money when I rounded up to 500,000 [it would be quite awesome if I could have a deposit of 500,000 in the second year after graduation].
When I made more than 400,000 yuan, I called my family and happily told them that I had made more than 400,000 yuan from a project. My father asked me to bring it all up, but how could I listen to other people's suggestions when I was making so much money? I just continued to do what I was doing. Within half a month, the market collapsed and no one bought. The market kept hitting the limit down every day. I couldn't sell the goods in my hands and finally it was nothing.After that, my family scolded me at home after knowing that I lost all the salary I earned from work, and asked me to find a son-in-law. In short, they were not very friendly to me at home. They looked down on me and thought that I had not achieved anything after graduating for several years. My mother said the most about other people's children. After that incident, I became a joke among all my relatives.
Later, I came to a blockchain community company by chance when I was looking for a job in 2018, and then I learned about big cakes and other things. During this period, I also made some transactions, but they were all recharged a few thousand yuan to make a small profit from the fluctuation of the cottage currency to make money for foot washing or milk tea. It was a general plan. Later, during the bull market, I learned about the experience of big guys such as Bithuang and Banmuxia who used small funds to make a fortune, which made me see the light in the dark. It made me know that small funds can also be big, and I was deeply inspired by your deeds. Then I made my own low-multiple compound interest trading plan, and I also achieved my goal in more than four years.
During my compound interest plan, I never mentioned to my family what I was doing. If you ask, I was working outside. Because I have experienced the way they made money and then lost it, so I will not share anything with them. During the trading period, the pressure of life was really great, and it was really desperate. There were many times when I cried because of losses, but I never gave up on myself. I always asked myself why others can do it but you can't, why others can make money but you can't, do you want to go back to the countryside to spend your whole life? I asked myself again and again, and encouraged myself again and again, and fortunately I persisted. Now when I go home, my parents are not the same as before. If there is anything big, they will take the initiative to tell me and listen to my advice. They are also good children in the eyes of relatives.
After saying so much nonsense, I actually want to say: When you want to do something, no matter how people around you look down on you and think you can't do it, you must believe in yourself and encourage yourself. Some seemingly impossible things will succeed sooner or later when you set clear goals and use time to chase them. If others deny you and you deny yourself, then you will never succeed.[I hope my experience can bring a ray of hope to struggling traders---

$BTC
See original
First, let me write a textbook-level deposit idea for the cryptocurrency circle. 1. The most traditional way is to buy from merchants or retail investors through C2C on OYI OK, Binance Binance, and Gate. Cold knowledge: Merchants of BN and OK need to apply for a deposit and it takes at least half a month. Gate can place orders as merchants as long as they have a VIP3 level or above, without the need for cumbersome applications and a deposit of 1wu. Deposits generally depend on the flow of your card, and merchants are also afraid that there is a problem with your money, so they usually ask you to settle for a period of time, that is, there is no transfer in the last week or half a month. What if you are not in a hurry? One is to find a group friend and ask him to place an order on Gate, and you trade with him. In this way, there is also a platform as a free intermediary, and you don’t have to worry about the other party running away after you place an order first or pay first. However, OYI has orders that do not require verification, and you can also find this kind of order. There is a filtering function on the C2C page, and you can filter it. This is usually paid by WeChat or Alipay. You may not be able to pay the first time you buy from him, so it is recommended that you add several merchants' Alipay and WeChat for future transactions. There is no risk of freezing bank cards for C2C deposits. If there is a frozen card, it is frozen for protection. Generally, it will be automatically unlocked within a month. The main reason is that there are some problems with the other party's card. The relevant departments are afraid that you will be cheated and freeze the data model. The biggest risk of buying U deposits in the currency circle is non-counter. It is mainly because you put money in the card too frequently or don't spend much money at ordinary times. As a result, the single transfer amount this month is too large. The bank will ask you the reason for the transfer afterwards. If the explanation is not good, it may be non-counter. For example, if you tell the bank that you are speculating in currency, the bank will most likely non-counter you. Non-counter means that you cannot use online transfer, Alipay, WeChat transfer, ATM withdrawal and card consumption are not allowed. You can only go to the manual counter and ask him to help you transfer or cancel the card to withdraw cash. Generally, you can cancel and withdraw cash without affecting the money in your bank card. However, some areas require you to go to the anti-fraud center to get a certificate before you can cancel it. Otherwise, you will not be allowed to withdraw the money. This kind of non-counter is a bit troublesome. For example, the anti-fraud center in many small places is the economic investigation and criminal investigation detachment of the public security bureau. You need to do some preparation before going. Most people have no experience dealing with uncles. It is recommended to send me a private message before going. Off-counter cancellation is more troublesome, depending on the bank where you opened the account. It varies from region to region, but fortunately there are more than a dozen different banks in each city. If the amount is not large, tens of thousands or hundreds of thousands of yuan, you can consider using Alipay. One person can register 5 Alipay accounts, but it is recommended to add several merchants' Alipay accounts as friends. It is highly likely that you will not be able to remit the first payment to a stranger. If you have added friends for a few months, it will be much easier. The same is true for WeChat transfers. If you transfer a large amount just after adding the other party, it is easy to be controlled by risk control, but it is much easier to transfer after adding friends for a period of time. The reason why Alipay is recommended instead of WeChat is that Alipay can be used to create a small account, and WeChat has social attributes. Once something happens, it is likely to affect your WeChat account. 2. Credit card deposits. Credit cards can also be used to deposit funds. There are many channels, but basically there are costs. I'm the first to post the estimate of 0-cost deposit. You need to have a Yuanyuan leading mobile phone with NFC function. Use JD's "Quick Pay" function to write the card into Huawei Wallet. In Huawei Wallet, choose to scan the other party's WeChat code to pay. Usually a JD account costs 3,000 yuan per month. If you have multiple mobile phone numbers, you can register multiple JDs. 10 is 30,000, and you can make a credit card deposit with 0 handling fee. The money received by the merchant is also complete. The other party receives as much as you pay. There is no handling fee, unlike Alipay's Huabei. If you choose Huabei for payment, the merchant will bear a fee rate. 3. USD, HKD deposit, if you have an overseas card, in addition to being able to withdraw money smoothly without worrying about freezing the card (ps: specific details, etc., there will be a hand-in-hand tutorial after enough likes, and Xiaobai can also withdraw money safely) You can also earn 2.7%, and now C2C buys U basically around 7.4. The bank exchanged USD for about 7.2005. Today, Industrial Bank is the most cost-effective. Yes, each bank quotes different quotes every day. The wire transfer is to the Hong Kong card, and then wired to the compliant platform. The handling fee is only 100u. The quota of 50,000 per person per year is equivalent to earning 9,000 yuan. #出入金 $BTC
First, let me write a textbook-level deposit idea for the cryptocurrency circle.

1. The most traditional way is to buy from merchants or retail investors through C2C on OYI OK, Binance Binance, and Gate.
Cold knowledge: Merchants of BN and OK need to apply for a deposit and it takes at least half a month.
Gate can place orders as merchants as long as they have a VIP3 level or above, without the need for cumbersome applications and a deposit of 1wu.

Deposits generally depend on the flow of your card, and merchants are also afraid that there is a problem with your money, so they usually ask you to settle for a period of time, that is, there is no transfer in the last week or half a month.
What if you are not in a hurry? One is to find a group friend and ask him to place an order on Gate, and you trade with him. In this way, there is also a platform as a free intermediary, and you don’t have to worry about the other party running away after you place an order first or pay first.
However, OYI has orders that do not require verification, and you can also find this kind of order. There is a filtering function on the C2C page, and you can filter it.
This is usually paid by WeChat or Alipay. You may not be able to pay the first time you buy from him, so it is recommended that you add several merchants' Alipay and WeChat for future transactions.

There is no risk of freezing bank cards for C2C deposits. If there is a frozen card, it is frozen for protection. Generally, it will be automatically unlocked within a month. The main reason is that there are some problems with the other party's card. The relevant departments are afraid that you will be cheated and freeze the data model.
The biggest risk of buying U deposits in the currency circle is non-counter. It is mainly because you put money in the card too frequently or don't spend much money at ordinary times. As a result, the single transfer amount this month is too large. The bank will ask you the reason for the transfer afterwards. If the explanation is not good, it may be non-counter. For example, if you tell the bank that you are speculating in currency, the bank will most likely non-counter you.
Non-counter means that you cannot use online transfer, Alipay, WeChat transfer, ATM withdrawal and card consumption are not allowed. You can only go to the manual counter and ask him to help you transfer or cancel the card to withdraw cash.
Generally, you can cancel and withdraw cash without affecting the money in your bank card. However, some areas require you to go to the anti-fraud center to get a certificate before you can cancel it. Otherwise, you will not be allowed to withdraw the money. This kind of non-counter is a bit troublesome.
For example, the anti-fraud center in many small places is the economic investigation and criminal investigation detachment of the public security bureau. You need to do some preparation before going. Most people have no experience dealing with uncles. It is recommended to send me a private message before going.

Off-counter cancellation is more troublesome, depending on the bank where you opened the account. It varies from region to region, but fortunately there are more than a dozen different banks in each city.
If the amount is not large, tens of thousands or hundreds of thousands of yuan, you can consider using Alipay. One person can register 5 Alipay accounts, but it is recommended to add several merchants' Alipay accounts as friends. It is highly likely that you will not be able to remit the first payment to a stranger. If you have added friends for a few months, it will be much easier. The same is true for WeChat transfers. If you transfer a large amount just after adding the other party, it is easy to be controlled by risk control, but it is much easier to transfer after adding friends for a period of time.
The reason why Alipay is recommended instead of WeChat is that Alipay can be used to create a small account, and WeChat has social attributes. Once something happens, it is likely to affect your WeChat account.

2. Credit card deposits. Credit cards can also be used to deposit funds. There are many channels, but basically there are costs.
I'm the first to post the estimate of 0-cost deposit. You need to have a Yuanyuan leading mobile phone with NFC function. Use JD's "Quick Pay" function to write the card into Huawei Wallet. In Huawei Wallet, choose to scan the other party's WeChat code to pay. Usually a JD account costs 3,000 yuan per month. If you have multiple mobile phone numbers, you can register multiple JDs. 10 is 30,000, and you can make a credit card deposit with 0 handling fee.
The money received by the merchant is also complete. The other party receives as much as you pay. There is no handling fee, unlike Alipay's Huabei. If you choose Huabei for payment, the merchant will bear a fee rate.
3. USD, HKD deposit, if you have an overseas card, in addition to being able to withdraw money smoothly without worrying about freezing the card (ps: specific details, etc., there will be a hand-in-hand tutorial after enough likes, and Xiaobai can also withdraw money safely)
You can also earn 2.7%, and now C2C buys U basically around 7.4.

The bank exchanged USD for about 7.2005. Today, Industrial Bank is the most cost-effective. Yes, each bank quotes different quotes every day. The wire transfer is to the Hong Kong card, and then wired to the compliant platform. The handling fee is only 100u. The quota of 50,000 per person per year is equivalent to earning 9,000 yuan.

#出入金 $BTC
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Bearish
See original
It is undeniable that the second oracle $PYTH has great potential, but judging from the recent trading volume, the tokens released in advance have not yet fully entered the market, and I am bearish on short-term contracts. In the long run, this is a staged bottom, and spot traders can increase their positions in batches. However, to say a little gossip, I still want to complain about the shameful behavior of the project party releasing tokens in advance, which has once again turned the so-called decentralization concept into a joke. The explanation of the project party is very pale and powerless in my opinion. The existence and development of this kind of project party is not conducive to the development of the concept of decentralization. Personally, from a belief point of view, I hate this kind of behavior very much. This kind of behavior is common in the current market, and many people are accustomed to it. The road to WEB3 is long and difficult.
It is undeniable that the second oracle $PYTH has great potential, but judging from the recent trading volume, the tokens released in advance have not yet fully entered the market, and I am bearish on short-term contracts. In the long run, this is a staged bottom, and spot traders can increase their positions in batches.

However, to say a little gossip, I still want to complain about the shameful behavior of the project party releasing tokens in advance, which has once again turned the so-called decentralization concept into a joke. The explanation of the project party is very pale and powerless in my opinion. The existence and development of this kind of project party is not conducive to the development of the concept of decentralization. Personally, from a belief point of view, I hate this kind of behavior very much. This kind of behavior is common in the current market, and many people are accustomed to it. The road to WEB3 is long and difficult.
See original
Odaily Planet Daily News: Cryptocurrency has become a political bargaining chip in the US election year. Biden may change his attitude drastically to stop Trump from winning this group. Market news revealed that the US Securities and Exchange Commission (SEC) is likely to approve the listing of the spot Ethereum ETF this week. People familiar with the matter said that the US SEC contacted at least one exchange and at least one potential spot Ethereum ETF issuer to update the relevant 19b-4 filing documents. One of the people familiar with the matter said that this indicates that the chances of SEC approval may be rising. The person familiar with the matter added that this is an unexpected turn, but there is no guarantee that it will be approved. $ETH
Odaily Planet Daily News: Cryptocurrency has become a political bargaining chip in the US election year. Biden may change his attitude drastically to stop Trump from winning this group. Market news revealed that the US Securities and Exchange Commission (SEC) is likely to approve the listing of the spot Ethereum ETF this week. People familiar with the matter said that the US SEC contacted at least one exchange and at least one potential spot Ethereum ETF issuer to update the relevant 19b-4 filing documents. One of the people familiar with the matter said that this indicates that the chances of SEC approval may be rising. The person familiar with the matter added that this is an unexpected turn, but there is no guarantee that it will be approved.

$ETH
See original
According to SoSoValue data, yesterday (May 21, EST), the total net inflow of Bitcoin spot ETFs was $306 million. Yesterday, Grayscale ETF GBTC had a net outflow of $0.00 per day, and the current historical net outflow of GBTC is $17.611 billion. The Bitcoin spot ETF with the largest net inflow yesterday was BlackRock ETF IBIT, with a net inflow of $290 million per day, and the current total net inflow of IBIT is $15.991 billion. The second largest was Fidelity ETF FBTC, with a net inflow of $25.8039 million per day, and the current total net inflow of FBTC is $8.576 billion. As of press time, the total net asset value of the Bitcoin spot ETF is US$58.91 billion, the ETF net asset ratio (market value to the total market value of Bitcoin) is 4.29%, and the historical cumulative net inflow has reached US$13.173 billion. $BTC
According to SoSoValue data, yesterday (May 21, EST), the total net inflow of Bitcoin spot ETFs was $306 million. Yesterday, Grayscale ETF GBTC had a net outflow of $0.00 per day, and the current historical net outflow of GBTC is $17.611 billion. The Bitcoin spot ETF with the largest net inflow yesterday was BlackRock ETF IBIT, with a net inflow of $290 million per day, and the current total net inflow of IBIT is $15.991 billion. The second largest was Fidelity ETF FBTC, with a net inflow of $25.8039 million per day, and the current total net inflow of FBTC is $8.576 billion. As of press time, the total net asset value of the Bitcoin spot ETF is US$58.91 billion, the ETF net asset ratio (market value to the total market value of Bitcoin) is 4.29%, and the historical cumulative net inflow has reached US$13.173 billion.

$BTC
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At present, the entire network is full of optimistic FOMO sentiment. Many people have even discussed which sectors will benefit after the Ethereum ETF is passed. In fact, many people really need to calm down and learn the details of this Ethereum ETF. First, SGJohnsson, a well-known American financial lawyer, said that according to the current ETF application documents of the institution, the Ethereum ETF is still listed according to the "commodity trust shares" rules. What does this mean? This means that once the SEC passes the Ethereum ETF, it will have to admit that Ethereum is not a security. And jchervinsky, chief legal officer of Variant Fund, tweeted that once the Ethereum ETF is passed, the SEC will have to admit that non-pledged ETH is not a security. Please note that the original text mentioned non-pledge, that is, ETFs involving pledge or Defi attributes will still not be recognized, so does it mean that it will be split? Or converted? Bloomberg analyst JSeyff said that Grayscale has begun to delete the terms of ETHE conversion to ETH in the application documents, which means that Grayscale has temporarily abandoned ETH involving pledged attributes as an ETF. At the same time, James Seyffart emphasized that from the approval to the issuance of Ethereum's ETH, institutions still need to prepare for several days, weeks or even months, because Ethereum's ETF is not fully prepared when the previous Bitcoin ETF was passed, and many institutions are still caught off guard by the sudden change in the attitude of the SEC. Combined with what James Seyffart said before, if the 19b-4 document is passed on the 23rd, then S1 will still take several weeks or even months. On the whole, even if the preliminary documents of Ethereum's ETF are passed on the 23rd, Ethereum will still wait for retail investors to buy ETFs through institutions in a certain period of time in the future. In the short term, Ethereum's ETF cannot provide effective buying volume for Ethereum like Bitcoin's ETF. Meanwhile, the U.S. House of Representatives will vote on Wednesday, with Democrats calling on their colleagues (Republicans) to join the bill's approval process. The bill is called the 21st Century Financial Innovation and Technology Act (FIT21), and the role of the bill is as follows: FIT21 will establish a clear framework for digital assets in the United States, determining where and how each token and exchange will be regulated. Synchronize all the news. If the Ethereum ETF is passed, combined with the views of Bloomberg analysts including financial lawyers, only the non-staking Ethereum itself is passed, and the Ethereum involved in the Defi protocol is still not recognized. At the same time, if the legislation is passed today, then in the long run, the United States gradually recognizes that cryptocurrencies are good, but in the short term, a large number of tokens will face regulatory issues in the United States. So, is it really appropriate to discuss which sector will be rotated after the Ethereum ETF is passed so optimistically? (For reference only, not investment advice) $ETH $BTC $SOL
At present, the entire network is full of optimistic FOMO sentiment. Many people have even discussed which sectors will benefit after the Ethereum ETF is passed. In fact, many people really need to calm down and learn the details of this Ethereum ETF.

First, SGJohnsson, a well-known American financial lawyer, said that according to the current ETF application documents of the institution, the Ethereum ETF is still listed according to the "commodity trust shares" rules. What does this mean?

This means that once the SEC passes the Ethereum ETF, it will have to admit that Ethereum is not a security.
And jchervinsky, chief legal officer of Variant Fund, tweeted that once the Ethereum ETF is passed, the SEC will have to admit that non-pledged ETH is not a security.
Please note that the original text mentioned non-pledge, that is, ETFs involving pledge or Defi attributes will still not be recognized, so does it mean that it will be split? Or converted?

Bloomberg analyst JSeyff said that Grayscale has begun to delete the terms of ETHE conversion to ETH in the application documents, which means that Grayscale has temporarily abandoned ETH involving pledged attributes as an ETF. At the same time, James Seyffart emphasized that from the approval to the issuance of Ethereum's ETH, institutions still need to prepare for several days, weeks or even months, because Ethereum's ETF is not fully prepared when the previous Bitcoin ETF was passed, and many institutions are still caught off guard by the sudden change in the attitude of the SEC.

Combined with what James Seyffart said before, if the 19b-4 document is passed on the 23rd, then S1 will still take several weeks or even months. On the whole, even if the preliminary documents of Ethereum's ETF are passed on the 23rd, Ethereum will still wait for retail investors to buy ETFs through institutions in a certain period of time in the future. In the short term, Ethereum's ETF cannot provide effective buying volume for Ethereum like Bitcoin's ETF.

Meanwhile, the U.S. House of Representatives will vote on Wednesday, with Democrats calling on their colleagues (Republicans) to join the bill's approval process. The bill is called the 21st Century Financial Innovation and Technology Act (FIT21), and the role of the bill is as follows:
FIT21 will establish a clear framework for digital assets in the United States, determining where and how each token and exchange will be regulated.

Synchronize all the news. If the Ethereum ETF is passed, combined with the views of Bloomberg analysts including financial lawyers, only the non-staking Ethereum itself is passed, and the Ethereum involved in the Defi protocol is still not recognized. At the same time, if the legislation is passed today, then in the long run, the United States gradually recognizes that cryptocurrencies are good, but in the short term, a large number of tokens will face regulatory issues in the United States.

So, is it really appropriate to discuss which sector will be rotated after the Ethereum ETF is passed so optimistically?

(For reference only, not investment advice)

$ETH $BTC $SOL
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Bearish
See original
$AR You can place an order near 48.7 to open a short position. It broke the high in the past two years but the rise is weak.
$AR You can place an order near 48.7 to open a short position. It broke the high in the past two years but the rise is weak.
See original
A suggestion for those who don't like risks, during this period, you should do contracts with as little leverage as possible and pay attention to risk management. Wait for the real big correction to take effect before considering adding leverage to enter the market. From the weekly data, it is a correction trend. Moreover, the inflow of ETFs during this period is not enough to pull up the violent bull market, and it is difficult to break new highs. Finally, there are still many bookmakers who will not help retail investors with profitable positions. There will be continuous recovery during this period, but I believe that a big correction will eventually happen, and only after the big correction will there be a chance to truly see the power of the big cake. $BTC
A suggestion for those who don't like risks, during this period, you should do contracts with as little leverage as possible and pay attention to risk management. Wait for the real big correction to take effect before considering adding leverage to enter the market.

From the weekly data, it is a correction trend. Moreover, the inflow of ETFs during this period is not enough to pull up the violent bull market, and it is difficult to break new highs. Finally, there are still many bookmakers who will not help retail investors with profitable positions.

There will be continuous recovery during this period, but I believe that a big correction will eventually happen, and only after the big correction will there be a chance to truly see the power of the big cake.

$BTC
See original
I have repeatedly mentioned before that contracts should be used less for altcoins. This bull market belongs to big coins and altcoins with narratives. Most altcoins are not resistant to declines and have high risk management. Ethereum may have to wait until the end of the bull market to see its performance. This wave of decline can clearly feel that some recent hot coins have rebounded rapidly. Do you know which ones?
I have repeatedly mentioned before that contracts should be used less for altcoins. This bull market belongs to big coins and altcoins with narratives. Most altcoins are not resistant to declines and have high risk management.

Ethereum may have to wait until the end of the bull market to see its performance.

This wave of decline can clearly feel that some recent hot coins have rebounded rapidly. Do you know which ones?
See original
In the sideways trading stage, in terms of risk, the contract does not recommend that you trade in local currencies or small currencies. The uncertainty is high and it is easy to be trapped if you are not careful. Most currencies basically follow the trend of the market, but it can still be noticed that some currencies are more resistant to falling. Generally speaking, this type of currency has a strong banker or strong consensus. Have you noticed which currencies meet this characteristic?
In the sideways trading stage, in terms of risk, the contract does not recommend that you trade in local currencies or small currencies. The uncertainty is high and it is easy to be trapped if you are not careful.

Most currencies basically follow the trend of the market, but it can still be noticed that some currencies are more resistant to falling.

Generally speaking, this type of currency has a strong banker or strong consensus. Have you noticed which currencies meet this characteristic?
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Bullish
See original
$BTC $ETH Bitcoin once again set a new historical high today, with the highest reaching around 73,650. The constantly refreshing historical highs have also made many people question whether this will become a recent high and then usher in a major correction. However, according to the current situation, there are no negative factors in the market and data. Therefore, whether the high point of Bitcoin will become a historical high, there is a high probability that it will not at present. The Cancun upgrade will be launched tonight. Unless there are major flaws in the Cancun upgrade, the collapse of the Ethereum ecosystem may lead to a market decline, but this is still a small probability event. And it is an extremely unlikely event. Therefore, for the current trend of Bitcoin, for the resistance level above us, we should focus on the previous high and watch for continuous new highs. So everyone is worried about the pullback, so we will focus on the support situation. The support situation changed again today. It should be noted that the current 1-hour Bollinger Bands amplitude has expanded to 3300 points. Contract traders from tonight to tomorrow should pay attention to the risk of large market fluctuations. The first support is 71,400, short-term support, and the support strength is weak. This support is provided by the 4-hour middle line of the Bollinger Bands as technical support and can only be used as short-term fluctuation support. If it is an extreme market situation, it can be ignored directly. The second support is 70,000, short-term support, and the support strength is slightly stronger. This support is effectively supported by the daily MA7 moving average. Compared with the 4-hour support, the daily support will be stronger. Moreover, this support allows contract trading to determine the fluctuation trend in the short and medium term. Once this support is effectively broken, the market will risk continuing to decline. The third support, 67,000, is short-term support and has strong support strength. This support is provided by the upper line of Bollinger Bands at the weekly level. The support at the weekly level will be stronger than the first two supports. It should be noted that once this support falls below, there is a risk that the market will fall to around 63,000 in the short term. The fourth support, 63,000, is a medium-term support. The support strength is average, but it can be used as a trading signal. Especially for spot traders. Once the market effectively falls below this support, the daily price trend will directly enter the lower track of the daily Bollinger Band. Short-term market fluctuations will increase, and the risk of continued decline will be greater. If the rebound is weak, the daily trend will even change.In spot trading, you need to pay attention to the situation of this position to control the position. Based on the current market sentiment and trend, based on the current market sentiment and trend, we basically only need to open the first two supports. Of course, the third support must be referenced for the market trend. This support was also at the same position yesterday, and the market price reached around 68,620 yesterday. , although the support has not been tested, it has reached the support range I expected yesterday. Sometimes the support that technical aspects bring us may be the consensus signal of the market, or even the focus of some traders, so we can effectively pay attention to the support situation and take defensive measures.
$BTC $ETH Bitcoin once again set a new historical high today, with the highest reaching around 73,650. The constantly refreshing historical highs have also made many people question whether this will become a recent high and then usher in a major correction.
However, according to the current situation, there are no negative factors in the market and data. Therefore, whether the high point of Bitcoin will become a historical high, there is a high probability that it will not at present.
The Cancun upgrade will be launched tonight. Unless there are major flaws in the Cancun upgrade, the collapse of the Ethereum ecosystem may lead to a market decline, but this is still a small probability event. And it is an extremely unlikely event.
Therefore, for the current trend of Bitcoin, for the resistance level above us, we should focus on the previous high and watch for continuous new highs. So everyone is worried about the pullback, so we will focus on the support situation. The support situation changed again today.
It should be noted that the current 1-hour Bollinger Bands amplitude has expanded to 3300 points. Contract traders from tonight to tomorrow should pay attention to the risk of large market fluctuations.
The first support is 71,400, short-term support, and the support strength is weak. This support is provided by the 4-hour middle line of the Bollinger Bands as technical support and can only be used as short-term fluctuation support. If it is an extreme market situation, it can be ignored directly.
The second support is 70,000, short-term support, and the support strength is slightly stronger. This support is effectively supported by the daily MA7 moving average. Compared with the 4-hour support, the daily support will be stronger. Moreover, this support allows contract trading to determine the fluctuation trend in the short and medium term. Once this support is effectively broken, the market will risk continuing to decline.
The third support, 67,000, is short-term support and has strong support strength. This support is provided by the upper line of Bollinger Bands at the weekly level. The support at the weekly level will be stronger than the first two supports. It should be noted that once this support falls below, there is a risk that the market will fall to around 63,000 in the short term.
The fourth support, 63,000, is a medium-term support. The support strength is average, but it can be used as a trading signal. Especially for spot traders. Once the market effectively falls below this support, the daily price trend will directly enter the lower track of the daily Bollinger Band. Short-term market fluctuations will increase, and the risk of continued decline will be greater. If the rebound is weak, the daily trend will even change.In spot trading, you need to pay attention to the situation of this position to control the position.
Based on the current market sentiment and trend, based on the current market sentiment and trend, we basically only need to open the first two supports. Of course, the third support must be referenced for the market trend. This support was also at the same position yesterday, and the market price reached around 68,620 yesterday. , although the support has not been tested, it has reached the support range I expected yesterday.
Sometimes the support that technical aspects bring us may be the consensus signal of the market, or even the focus of some traders, so we can effectively pay attention to the support situation and take defensive measures.
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