#加密货币市场分析# Reflecting on the market fluctuations over the years, I can't help but feel a mix of emotions. Today, I saw Ansem's analysis on the support levels for ETH and SOL, which reminded me of that big bull run in 2017. At that time, Ethereum skyrocketed from less than 10 dollars to over 1400 dollars, which was truly thrilling. Now, 4000 dollars has become an important support level, and I must say the market has indeed grown a lot.
As for SOL, although it is a latecomer, the support level of 200 dollars should not be underestimated. I remember when it first came out, many people we

#稳定币发展# Seeing the news that the total lock-up position of USDe and USDT has surpassed 16 billion USD makes me reflect on the long journey of stablecoin development. From the early USDT, to the later USDC and DAI, and now to USDe, each step has witnessed the changes in the crypto market. I remember during the Bear Market in 2018, stablecoins were still a niche concept, with a total market capitalization of only a few billion USD. Now, in just a few years, the lock-up position has multiplied by dozens of times, truly a remarkable transformation.
There are both success stories and lessons from f

#去中心化永续合约交易平台发展# Looking back at the past, the development journey of the Decentralization Perptual Futures trading platform has been full of ups and downs. From its initial prototype to the current flourishing landscape, this field has weathered many storms. I remember back then, we were still worried about trading efficiency and security, and now seeing the emergence of no-code DEX building tools like Orderly ONE makes me feel a deep sense of emotion.
This tool allows anyone to build a high-performance Perptual Futures DEX in a short time and supports multiple mainstream public chains. This

#加密货币市场分析# Looking back at history always evokes a lot of emotions. Recently, the price of Ethereum has been oscillating in the $4000-$5000 range, which reminds me of the crazy bull run at the end of 2017. At that time, ETH rose from a few hundred dollars all the way up to over $1400, and now this price level has become a support level. The market is always cyclical, but each cycle brings new changes.
This time, analysts predict that ETH will not fall below $4000 and may even rise to $5500. Although there have been similar optimistic predictions that failed before, in the long run, high-qualit

#Binance Alpha计划# Looking back on the development of the exchange over the years, I can't help but feel a lot of emotion. Hyperliquid's recent successive listings of AVNT and STBL futures reminds me of the grand occasion of Binance's Alpha program. Back then, every time a new trading pair was launched, it was a big deal, and investors were gearing up to make a big splash. Now it seems that the competition between exchanges has entered a white-hot stage, and the continuous introduction of new varieties has become the norm.
This model of rapid iteration, on the one hand, provides use

#稳定币发展# Reflecting on the development of stablecoins, from the initial USDT to the new type of stablecoin bank card launched by Plasma, I have witnessed a tremendous transformation in this field. The emergence of Plasma One marks the official entry of stablecoins into the practical application stage. It not only offers up to 10% yield and 4% cash back but also enables seamless cross-border payments and zero-fee transfers. This innovative model reminds me of the early vision of Bitcoin trying to become a means of payment. The difference is that stablecoins seem closer to the traditional financi

#美联储货币政策# Looking back at the past, the periodic changes in the Fed's monetary policy always evoke deep emotions. Hearing that there may be multiple rate cuts in 2025 makes me reminisce about the situation after the 2008 financial crisis. At that time, to stimulate the economy, the Fed also significantly cut interest rates, even bringing them close to zero.
It now appears that Bowman’s predictions and the OECD’s analysis both point to multiple rate cuts between 2025 and early 2026. This proactive policy adjustment is indeed much wiser than waiting until after a market crash to take action.

#加密货币监管动向# Reflecting on the past, I have witnessed the tumultuous changes in the crypto market. This time, U.S. lawmakers are urging the SEC to implement Trump's executive order, allowing 401(k) pension funds to invest in Crypto Assets, which reminds me of the time in 2017 when the Bitcoin ETF application was denied. At that time, the market was anxious about regulatory attitudes, but now we see a loosening of policies. This change reflects the growth of the crypto industry and the evolution of regulatory thinking. However, pension fund investments in crypto assets still require caution.

#加密交易平台动态# Looking back at the past, the development of encryption trading platforms has always been dramatic. The recent move by Aster to launch 300x leverage reminds people of the crazy bull run in 2017. At that time, major platforms competed to offer high leverage, enjoying a period of glory. However, the subsequent big dump left many investors with nothing.
CZ's comment "played beautifully" reveals a sense of helplessness and sarcasm towards the current state of the industry. From BitMEX to Binance, high leverage has always been a tool for exchanges to attract users. However, this doub

#加密货币市场波动分析# This market fluctuation reminds me of the big pump at the end of 2017. At that time, Bitcoin also fell sharply in a short period and quickly rebounded, triggering a wave of crazy bull run. History is always remarkably similar. However, the current market structure is very different from that of the past. The involvement of institutional investors has made the market more mature, but it has also brought new uncertainties.
After seeing Bitcoin fall to the key level of 11900 USD and then rebound, I can't help but recall how this price level has successfully supported the market m

#永续合约交易发展# Looking back at the development of Perptual Futures, one can't help but feel a wave of emotions. From the initial BitMEX to today's Aster, every step has witnessed the growth of this market. I remember when BitMEX was first launched, there was much discussion about whether it would change the trading model. Little did we expect that within just a few years, Perptual Futures would become mainstream in the crypto market.
Aster's trading volume broke 11.8 billion dollars in 24 hours, surpassing Hyperliquid, which is indeed a milestone. However, upon closer reflection, this

#加密货币安全事件# Looking back, the security incidents in Crypto Assets can be described as twists and turns. This time, the hacker attack on UXLINK reminds me of the ups and downs we experienced in those years. With losses exceeding tens of millions of dollars and Token prices falling nearly 70%, this scene feels familiar. From Ronin Bridge to Poly Network, large-scale theft cases are emerging one after another. Every time I see such news, I can't help but sigh: technology is advancing, and the means of hackers are also upgrading.
Multisignature wallets were once seen as a security guarantee, bu

#美联储货币政策# Looking back at history, the Fed's monetary policy has always been a matter of great concern. Although the high interest rate policy during Paul Volcker's era successfully curbed inflation, it also led to a severe economic recession. Today, in light of the remarks made by the Milan Council, I can't help but reflect. He mentioned that the current policy is "very tight" and could jeopardize employment, which reminds me of the situation in the early 1980s.
At that time, the unemployment rate soared to over 10%, many businesses went bankrupt, and workers lost their jobs. Alth

#永续合约交易# Looking back at the past, the field of Perptual Futures trading has indeed been full of ups and downs. These days, I've seen several exchanges launching new coin perpetual futures, which reminds me of the grandeur from back in the day. The crazy scenes when perpetual futures first emerged at the end of 2017 and the beginning of 2018 are still unforgettable. At that time, the market was thriving, with new projects emerging one after another, and Margin Trading was in full swing.
Unfortunately, the good times did not last long, and the subsequent bear market caused many investors to

#加密货币代币发行与分配# Looking back at the token issuance projects I participated in during the early years, I can't help but feel emotional seeing the booming scene of Falcon Finance's public sale this time. Back then, we were thrilled about financing amounts of a few million dollars, but now it's common to see over-subscriptions reaching hundreds of millions of dollars. This not only reflects the market's enthusiasm for quality projects but also mirrors the current abundance of funds in the industry.
However, a high multiple of fundraising does not mean that the project will definitel

#机构投资者加密货币布局# Looking back at the internet bubble of the late 90s and the real estate boom of the early 2000s, the current crypto market feels eerily familiar. At that time, institutions rushed in, only to suffer heavy losses when the bubble burst. Now, seeing analyses suggesting that the Bitcoin bull run may be nearing its end, one can't help but marvel at how history tends to repeat itself.
On-chain data shows that the rebound momentum of Bitcoin has weakened, profitability has declined, and the risk-reward ratio is not as good as before. These signals are warning us that institutional i

#以太坊市场动态# Reviewing the development of Ethereum, it is not difficult to find that the market often tests important support levels at critical moments. Back in the bear market of 2018, $1000 was a battleground for fierce contention between bulls and bears. Now, $4000 has become the new focus; this price point represents not just a number, but symbolizes a watershed for market confidence and the structure of the industry.
From a technical perspective, there is indeed a convergence of multiple moving averages and trendline support around the $4000 mark. However, what is more concerning is the rea

#永续合约交易# Reviewing the development history of the entire Crypto Assets derivation market, Perptual Futures trading can be considered an important milestone. From the earliest BitMEX introducing this innovative product, to Synthetix now announcing the launch of a Perptual Futures DEX on the Ethereum Mainnet, it is evident that this field is continuously evolving.
In the past few years, centralized exchanges such as Binance and OKEx have launched Perptual Futures products, attracting a large trading volume. However, the development of decentralized Perptual Futures platforms has been relatively