#比特币市场波动观察 #市场调整後的机会？ The recent trend of Bitcoin is simply the suspense drama of the year. The ETF plunged by nearly 300 million magnesium in a single day. Logically speaking, this should be bad news, right? The result? It actually made great progress and almost broke through the $100,000 mark! This plot is so reversible that even the screenwriter wouldn't dare write it like this.
Don't rush to shout "I don't understand". Let me peel off the cocoon for you and find out how deep the water is behind you.
First of all, we still have to look at the technical aspects. Bitcoin stabilized its position near $92,000, and also drew a beautiful "reverse head and shoulders bottom", and the RSI also rose accordingly, all of which imply that the bulls are exerting their strength.
Recently, the activity on the Bitcoin chain has increased significantly, and the transaction volume has also increased accordingly. This shows that there is a lot of buying of real gold and silver in the market, and it is very likely that our retail investors are buying the bottom.
The main event is here. Where did the 300 million mg of ETF’s hard-earned money go? Is it really a collective run away from institutions? I'm afraid things are not that simple. Institutional bosses are playing a big game. They may just be adjusting their strategies and moving some funds from ETFs to other places, such as over-the-counter trading or more hidden derivatives markets. They had already mastered this trick of "building the plank road openly and crossing the Chencang secretly".
History is always surprisingly similar. During the big plunge in May 2021, institutions also evacuated on a large scale. What was the result? A few months later, Bitcoin hit new highs. Of course, this is just my personal speculation, just listen to it.

Sincere advice to all traders:
1. Keep an eye on the key point of 100,000 magnesium. If there is an effective breakthrough, you can consider chasing the increase appropriately.
2. Risk control always comes first! Don't be lenient when it's time to set a stop loss, and don't let temporary greed ruin the overall situation.

Recently, a new thing has emerged in the cryptocurrency circle, called USUAL Protocol, which claims to be a "decentralized bank" and to move real-world assets (RWA) to the chain. Does it sound familiar? Various "RWA narrative" projects have emerged one after another. Today, Lao Leek will take a look at this USUAL Protocol.

The core of USUAL is the USD0 stablecoin, which is said to solve the problem of uneven distribution of income of the current mainstream stablecoins. They have set up a mechanism of direct minting and indirect minting, which sounds quite fancy. Direct minting is to exchange collateral directly for USD0, and indirect minting is done through DAO. The white paper says that they will accept a variety of collateral, but what are they? What is the collateral ratio? These key information are not clearly stated, which makes people have to doubt their sincerity. Collateral is the lifeblood of stablecoins. If this aspect is not done well, the stability of USD0 will be worrying.

Another key to USUAL is the USUAL token, which is said to be a governance token, and a deflation model is also set up to stimulate user participation. Old leeks have seen this routine many times, it is nothing more than trying to pull the market and cut leeks. Of course, if the project can really develop, token holders can also get a share. But the question is, how big is this "if"? At present, the RWA track is still in its early stages and faces many challenges such as supervision and technology. Whether USUAL can stand out is still unknown.
The white paper also mentions risk management, saying that technical risks, mortgage risks, and product risks must be managed. This is right. Which project does not pay attention to risks? But the real risks are often hidden in the details and cannot be solved by talking about them. Old leeks suggest that if possible, carefully study their smart contract code to see if there are any loopholes.
In short, the starting point of USUAL Protocol is good, and it wants to solve some pain points in the current stablecoin and RWA fields. But old leeks want to remind everyone that any new project has risks, especially projects with relatively new concepts. Don't just listen to their exaggerations, but observe, think, and study more. Don't go all in easily, and don't be overwhelmed by FOMO emotions. #USUAL #USUAL走势分析 #RWA #稳定币 #DeFi

Is the resurgence of Bitcoin's dominance a sign that altcoins are going to cool off? Don't rush to conclusions. CryptoQuant CEO Ki Young Ju puts it well: it's not the traditional altcoin season anymore, but the era of 'selected altcoins.' What does this mean? In simple terms, market funds are no longer distributed evenly as before but are more selectively flowing into certain specific altcoins. Why is this happening?

Institutional entry, first choice Bitcoin: Institutional investors typically prefer Bitcoin, which has good liquidity and a large market capitalization, leading to a more stable inflow of funds into Bitcoin.
Regulatory pressure, altcoins restricted: Regulatory agencies in various countries are intensifying their regulation of altcoins, making investors more concerned about the risks associated with altcoins.
Market maturity, emphasis on fundamentals: As the market develops, investors are increasingly focusing on the fundamentals of projects, and only truly valuable projects can attract funds.

#比特币市场波动观察 #山寨币 #ETH #DeFi #市場分析

Pengu the penguin goes online and runs away? 72% of holders quickly liquidate, this wave of retail investors is really getting cut. The tragedy of turning $10,000 into $3 is playing out again, the bubble under the NFT craze should wake up. Stop thinking about getting rich all day, first learn to ensure your survival. #Pengu #NFT #韭菜 #跑路 #別當接盤俠

The USUAL coin has been a bit cool recently. With the market pulling so hard, it can actually take off against the trend? The leeks started to climax again, thinking they had caught the code of wealth? Calm down, calm down, let Lao Liek come and reveal the secret behind this for you.
First of all, the listing of coins on exchanges is a catalyst. Needless to say, which coin has become famous without jumping twice? But USUAL is a little different this time. Behind it is the stable currency USDO, and the TVL data is there, which is real money. This is fundamentally different from other air coins. They have a basic market.
Let’s talk about the big guys, BlackRock, Ondo, Mountain Protocol, Hashnote, all of them are well-known figures in the industry. The endorsement of these big guys undoubtedly adds a layer of gold to USUAL, making it look more authentic. This is like your neighbor Lao Wang suddenly becoming Jack Ma's partner. Do you have to look up to him?
but! yes! Old Leek is going to pour cold water on me. The RSI is almost sky-high, what does it mean? Seriously overbought! The risk of a pullback in the short term is extremely high. In addition, the circulating market is still small, and you have not seen the power of airdrops to destroy the market. Once the market sentiment reverses, I will teach you how to behave in minutes.
Therefore, as USUAL rises this time, just watch the excitement in the short term, but don’t get too carried away. Those who want to enter the market should wait until the correction stabilizes, and don't be the last to take over. Remember, there are no eternal myths in the currency circle, only eternal leeks.
#USUAL #DeFi #穩定幣 #USUAL走势分析 #投資需謹慎