Break the bear market thinking habit, bull market always starts with doubt
BTC - BTC continues to set new all-time highs, breaking out above $76,000, and Bitcoin spot ETF inflows have turned positive again.
BlackRock’s Bitcoin ETF had its “biggest trading day ever” with $4.1 billion in volume.
Although Bitcoin is constantly reaching new highs, there are definitely some people who miss out. There is no need to be anxious. When a new market cycle begins, there will always be many opportunities for you to get back on board. In the short term, pay attention to whether the $80,000 level can be successfully broken through.
ETH - Yesterday, the market rose sharply, and naturally some liquidity overflowed and flowed back to ETH. Today, Ethereum started a wave of compensatory rise.
Trump Successfully Elected President, Cryptocurrency Market Sees a Comprehensive Rise
Congratulations to Trump on being successfully elected president; this marks the beginning of a new milestone globally, while today has driven the entire crypto market upwards.
Bitcoin successfully breaks through historical highs, reaching $75,000, which also means a new bull market is upon us, looking forward to higher ATHs.
The U.S. position is crucial for many countries: it can reassure investors, businesses, geopolitical landscapes, and the general public.
During the campaign, Trump made significant promises: to end wars, revitalize cryptocurrency, address the rapidly growing U.S. national debt, and remove Gary Gensler from the SEC chair position.
The election panic is about to take place tomorrow. Let me share my current investment portfolio positions.
A new week has begun. In recent days, the Bitcoin Volatility Index (63.24%) hit a three-month high before the US presidential election, and the overall trend has been extremely volatile.
Tomorrow is Election Day, and according to Polymarket data, Trump's chances of winning have been declining since their peak on October 30, falling to 55%, while Harris' chances of winning have risen to 45%.
Regardless of who wins the election, BTC will reach over $100,000 in the future driven by the trend.
As for how the broader market prices react in the short term, it is based on general market expectations that a Trump victory could trigger an increase in crypto market prices, and vice versa.
How it fell is how it will rise again, sharing 10 low-key and useful crypto tools
Let's briefly discuss the market trend; the Nasdaq fell due to disappointing performance from major U.S. tech companies and election risks in the U.S.
Thus, the cryptocurrency market also followed suit, experiencing similar fluctuations. The upward trend still exists, and how it fell is how it will rise again; as the election approaches, be cautious with leverage and patiently wait for the wind to come.
Yesterday morning, ACT deployer apm sold all tokens worth about $1 million in a single transaction.
There was a correction of about 60% from top to bottom, but then we saw a strong reversal.
In every trend, there are some profits that you must not obtain. It's like when you set up a street stall, some profits must be paid as 'protection fees'; otherwise, you can't set up your stall. So, consider those profits as protection fees paid to the market. The market decides how much protection fee to collect based on its mood, but you must pay it. If you don’t pay, you won’t be able to set up your stall at all, and you will only lose more.
The altcoin season is approaching, and here are 6 hot projects worth关注
Bitcoin continues to fluctuate and adjust, with a net flow of 5 billion dollars for spot Bitcoin ETFs in the past 30 days.
Institutional whales are now accumulating BTC at the fastest rate in history, exceeding the market supply of BTC. While the upward trend is evident, one must remain cautious of the risks posed by major players clearing a large number of highly leveraged long users in the short term.
With BTC's market share dominance reaching 60% for the first time in 3 years, the turning point of the altcoin cycle may be approaching.
In the last cycle, when BTC's market share exceeded the 60% mark, the following occurred:
BTC successfully breaks through $71,000, and a new round of market cycle is brewing
Bitcoin successfully broke above $71,000. The U.S. spot Bitcoin ETF received an inflow of $479 million yesterday, the first time in two weeks. The global cryptocurrency market value exceeded $2.5 trillion. It seems that everything is coming back.
With BTC dominance about to break out of the channel, some may think this is a bad thing, but it is actually a good thing for altcoins.
Judging from historical trends, larger-scale altcoin rallies are always led by the initial outstanding performance of BTC, which allows for healthy and sustainable operations. A new round of market cycle is slowly brewing.
Success depends on consistency. This is perfectly illustrated by the person who goes to the gym every January and gives up after two weeks. False consistency means nothing.
I realized that I lacked consistency in some areas. Find out where you are inconsistent and take steps to make progress.
The Solana Ecosystem is Firing at Full throttle, What’s Next for 100x?
The Solana ecosystem is firing on all cylinders, starting in early 2024: ▸ TVL tripled to $4.91 billion. ▸ Solana project raises over $210 million ▸ Memes like $PEPE, $WIF , and $BONK sparked a frenzy What’s the next 100x? Get a 3-minute insight into the $SOL ecosystem.
Preface: Solana is a L1 blockchain that uses Proof of History and Proof of Stake to enable fast, low-cost transactions and is designed to achieve global mass adoption. The collapse of FTX shook the cryptocurrency industry and caused losses to project owners, VCs, and KOLs.
The market is weak and falling, and the zksync airdrop is finally here
The long-awaited zksync airdrop is finally here. Some are happy while others are sad. The airdrop rules are quite strict. Those with multiple accounts are basically denied. I only have two eligible accounts. After checking the social media platforms, I found that there are quite a lot of people who have reversed their investment, and the proportion of airdropped tokens is also quite high. The main reason is that the market is too competitive and the intervals are so long.
Check if you are eligible here: claim.zknation.io
The overall market is weak at the moment, and the entire L2 sector is lifeless. I don’t know whether it is a good thing or a bad thing for zksync to go online and sell airdrops at this time.
After the market has been fluctuating and adjusting for a period of time, a change is expected to come soon. Let’s first review what happened in the crypto circle in the past two days? • $BNB – Binance announces $IO Launchpool. Trading begins on June 11th. • $CFX - AnchorX_Ltd joins China's Belt and Road delegation and signs a memorandum of understanding with India International Finance Corporation (AIFC) and Aral Petroleum Capital. (Conflux and AnchorX plan to launch AxHKD stablecoin in Q2) • $INJ - Injective released the first comprehensive paper on $INJ , detailing the token’s utility and deflationary mechanisms.