AI是一个时代

Recently, the U.S. stock market's crypto stocks have been experiencing quite a drop, with popular stocks like COIN and MSTR going down, but the demand for Bitcoin spot ETFs is still strong. This seems a bit contradictory, right? Actually, there's a "seesaw effect" at play here.

In simple terms, a lot of capital is likely shifting from high-risk crypto stocks to more compliant and direct Bitcoin ETFs. As Glassnode mentioned, the market is quite cautious right now—if Bitcoin can hold above $80,000, that's good, but if it falls below, it might need to test $58,000. This uncertainty makes investors more willing to engage with Bitcoin through ETFs rather than touching "intermediaries" like COIN or MSTR.

Especially for MSTR, it previously enjoyed a premium due to holding a large amount of Bitcoin, but now that ETFs are becoming more popular, people find it more appealing to buy ETFs directly, which means its valuation logic needs to be readjusted. COIN is similar; although it manages a lot of Bitcoin in various ETFs, its stock price is still highly correlated with Bitcoin.

So in the short term, the widespread decline in crypto stocks and the strong demand for ETFs indeed create this subtle opposition. But in the long run, the massive inflow into ETFs will ultimately provide foundational support for the entire crypto ecosystem. The key now is whether Bitcoin can stabilize above $80,000; if it holds, the sentiment may improve, and these stocks could benefit as well～
#黄金白银反弹
$BTC

Hey, talking about the recent investigation by the Financial Supervisory Service of Korea into Bithumb and these exchanges regarding 'phantom bitcoins,' this matter is indeed quite interesting. In simple terms, the regulatory agency suspects that the exchanges may have inflated the number of bitcoins, engaged in price manipulation, or lacked asset transparency. If verified, the consequences could be significant—exchanges may face hefty fines or even be required to suspend operations for rectification.

For local exchanges in Korea, this move will definitely increase operational costs. They need to strengthen audits, improve transparency, and cope with potential user panic withdrawals. However, in the long run, if they can weather this storm, it may help rebuild trust and eliminate some unreliable smaller platforms.

Globally, this situation will certainly raise questions about the credibility of centralized exchanges (CEX) in the short term, especially since Korea is an important player in the crypto market. However, if Korea can solidify its regulatory practices, it might foster a more standardized global atmosphere, giving compliant exchanges a competitive edge.

In summary, tighter regulations aren't necessarily a bad thing, but the growing pains are inevitable. As users, we may need to be more attentive to the transparency and compliance of exchanges in the future. The market is evolving, and both opportunities and risks lie in the details.
#何时抄底？
$BTC

Study

Recently, U.S. Treasury Secretary Janet Yellen said something quite interesting—gold is currently experiencing a 'typical speculative sell-off.' When this was said, many people's first reaction was: is money going to flee from gold? Where will it go? Will Bitcoin and Ethereum become the new favorites?

In fact, this issue needs to be viewed separately. Although gold and cryptocurrencies are both considered 'alternative assets,' their logic is quite different. The sell-off in gold may be due to market expectations of interest rate changes or a stronger dollar, whereas cryptocurrencies are more influenced by technological narratives and regulatory sentiment. Recently, Bitcoin and Ethereum have indeed been a bit volatile, but is there really a large-scale shift of funds from gold to crypto? It doesn't seem so direct at the moment. It's more about market sentiment oscillating—when gold falls, some people may bet on the 'hedging' properties of cryptocurrencies, but larger funds may prefer to wait and see.

In the short term, whether funds will really move en masse still depends on the Federal Reserve's stance and regulatory dynamics. Yellen's words seem more like a description of market phenomena rather than pointing in a certain inevitable direction. So don't rush to go All in, stay vigilant, and it's wise to watch more and act less. What do you think? Do you feel the era of gold has ended, or is the era of crypto really coming?
#全球科技股抛售冲击风险资产
$BTC

@Jiayi Li @加一打赏小助 Add one sister for guidance 🌹🌹

USD1

Learning

Current Market Conditions
Real-time Price: $84.59 (24-hour increase 5.05%)
24-hour Volatility Range: $80.52 - $89.24
Market Status: Currently, SOL is showing a strong upward trend rather than a downward trend
🔍 Technical Analysis Highlights
Support Level Analysis
From the Bollinger Bands indicator:

Short-term strong support: around $83.7 (recent low)
Bollinger Band lower support: approximately $83.7-$84.0 range
Important psychological support: $80 level
RSI Indicator
Current RSI value is about 55.39, in a relatively healthy range
Previously reached the oversold area (around 27), now has recovered
💡 Investment Suggestions
If considering bottom fishing:
A phased accumulation strategy:

First buy position: $83-84 range (near the current Bollinger Band lower band)
Second buy position: $80-81 range (strong psychological support)
Third buy position: below $78 (if extreme market conditions occur)
Risk Control:

Set stop loss below $77
Single investment not exceeding 20% of total funds
Notes:
The cryptocurrency market is highly volatile, and the above support levels may fail during changes in market sentiment
It is suggested to confirm with technical indicators from larger time frames (4-hour/daily)
Pay attention to the overall trend of Bitcoin's impact on SOL
$SOL

@Jiayi Li @加一打赏小助 I am hosting a voice live broadcast at Binance Square "Hold USD1 and share tens of millions of dollars worth of $WLFI", listen here:
https://app.binance.com/uni-qr/cspa/36117885980105?r=KZQRR7EW&l=zh-CN&uc=app_square_share_link&us=copylink