Musk's Stunning Gamble: The Misalignment of Tech Tycoon and Trump
Elon Musk, the business genius who once vowed to pioneer a new era of Martian immigration, is now trapped in the whirlpool of Earth’s politics. The seemingly unbreakable "power ally" relationship between him and Donald Trump is undergoing unprecedented tests. When Musk invested $2.5 billion to support Trump's return to the White House, his business empire seemed to hang on the edge of a cliff of fate. The tech giant hoped that policy dividends would pave the way for Tesla and SpaceX, but reality cruelly shattered that illusion. Trump's tariff hammer ruthlessly struck the global supply chain, causing Tesla's market value to evaporate by 600 billion yuan in an international market sell-off. When the White House's savings of 160 billion yuan in fiscal spending could not compensate for business losses, this biggest financial backer became the primary target of policy backlash. The production lines in Tesla's factories ground to a halt, and under the crisis of orders being halved, Musk's "cost optimization plan" was ruthlessly exposed by the audit report — the saved funds barely covered the basic operating expenses.
The strategy is accurate, the predictions are precise LRC has reached its target ETH continues to fluctuate, and the price predictions are also very accurate. ETH is currently continuing in a range-bound fluctuation Support and resistance remain unchanged, trades can be made based on these two positions
It’s still the same, follow the strategy
Today Ethereum is upgrading, and Ethereum along with most second-layer tokens will suspend withdrawals Suspending token deposits and withdrawals for Ethereum (ETH), Arbitrum (ARB), Optimism (OP), zkSync Era (ZKSYNC), Base (BASE), Manta Network (MANTA), Starknet (STRK), Polygon (POL), Metis (METIS), Scroll (SCR), Cyber (CYBER), Metal DAO (MTL), Celo (CELO), and Worldcoin (WLD) networks to support the Ethereum network upgrade and hard fork. The network upgrade and hard fork will take place on May 7, 2025, at 18:05 (UTC+8).
Stable profits are the way to go Congratulations to those who kept up 🎉🎉🎉 As long as the operations are done properly There are still many opportunities #美联储FOMC会议
Just opened a 5x long on ETHUSDT at 1758.63. Currently sitting at +10.08% ROI as ETH climbs past 1794. Strategy was to enter after confirming support near 1750 and targeting short-term resistance around 1800. #AltcoinTrade #TradeStories
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Today's news is very significant and dense. The Ethereum Pectra upgrade will take place on May 7, 2025, at 6:05:11 PM, corresponding to block height epoch 364032. This is the largest system update since the 'Merge' in 2022.
🔧 Pectra Upgrade Overview
The Pectra upgrade combines the previously planned 'Prague' and 'Electra' upgrades, aimed at improving the scalability, user experience, and staking mechanisms of the Ethereum network. 
Key improvements include: • EIP-7702: Account Abstraction Allows externally owned accounts (EOA) to have smart contract capabilities, making wallets smarter and supporting features such as social recovery and gas fee sponsorship, enhancing user experience.  • EIP-7251: Increase in Staking Limit Increases the maximum effective staking limit for validators from 32 ETH to 2048 ETH, simplifying operations for large stakers, reducing the number of nodes, and improving network efficiency.  • EIP-7691: Expansion of Blob Data Capacity Increases the target and maximum Blob capacity per block from 3 to 6 and 9, respectively, aiding Layer 2 expansion and reducing transaction costs.
Then, the U.S. Federal Reserve (Fed) held a two-day monetary policy meeting from May 6 to May 7, 2025. The results will be announced at 2:00 AM Beijing time on May 8 (Thursday), at which point the Fed will announce its latest interest rate decision. Subsequently, Chairman Jerome Powell will hold a press conference at 2:30 AM to further elaborate on the policy stance and economic outlook.
According to CME Group's FedWatch tool, the market widely expects the Fed to maintain the federal funds rate in the range of 4.25% to 4.50% at this meeting, with a likelihood of a rate cut at only 3.2%. Despite President Trump's calls for a rate cut to stimulate the economy, Fed officials emphasize that they will continue to focus on inflation and employment data, adopting a 'wait-and-see' strategy.
The brothers' recap last night was precise and to the point; SOL rebounded to 147, short positions entered profit SUI rebounded close to 3.5, short positions entered profit
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The Relationship Between Bitcoin, Blockchain, and Web3
Many friends often struggle to understand the relationship between Bitcoin, Blockchain, and Web3. Today, I will explain the technical logic, development evolution, and real-world applications of these three concepts in simple and easy-to-understand language.
Core Relationship Blockchain (Technical Foundation) Blockchain is a decentralized, transparent, and secure distributed ledger technology, where data is linked in blocks in chronological order and is immutable. It is the underlying technology for Bitcoin and Web3.
Bitcoin (Pioneering Application) Bitcoin is the first successful application of blockchain, serving as a decentralized digital currency that relies on blockchain to record transactions. Its significance lies in validating the feasibility of blockchain and promoting the popularization of the technology.
Web3 (Internet Upgrade) Web3 is the next generation of the internet based on blockchain, emphasizing user sovereignty over data and assets (decentralization). It expands blockchain technology from currency to a wide range of fields such as finance, social networking, identity, and gaming.
Analogous Understanding Blockchain: Like an immutable ledger that records all transactions and data.
Bitcoin: The first page of the ledger, recording transactions of a decentralized currency.
Web3: The future internet built on this ledger, where users can not only read and write but also "own" data and assets.
Real-World Applications
Blockchain: Supply chain traceability, medical data management, judicial evidence storage.
Bitcoin: Value storage, cross-border payments, safe-haven asset. Web3: DeFi: Uniswap, Aave (lending, trading). NFT: Digital art (Beeple), gaming assets (Axie Infinity). DAO: Decentralized governance (MakerDAO). Others: On-chain social (Lens Protocol), decentralized storage (Filecoin).
In summary: If blockchain is the technology, Bitcoin is the first application, and Web3 is the future of this technology.
Bitcoin was born from blockchain technology, validating the possibility of "decentralized currency." Web3 shows us that the future includes not only currency but also decentralized social networking, content, and identity.
You can also understand it this way: Blockchain is the encryption technology, Bitcoin is a derivative asset of blockchain, and Web3 is the commercial form of blockchain.
The time difference is too exhausting, the live broadcast will be postponed. Just one sentence, small levels obey large levels, the daily line needs an adjustment under one stroke, and you can short each time at a high on the 30-minute chart. I will mention when it's time to bottom fish at a large level~ Sending a red envelope to make amends for everyone 555 $BTC
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