Weekend night trading activity has started to pick up, and it looks like this week’s trend will not be too calm.
Bitcoin has been testing back and forth before the Asian market opens, and has now rebounded above the 91,000 level, which is a good start to the week. Investors can continue to watch. Ethereum broke through 3100 along with the trend, but its upward momentum is relatively limited, mainly following the trend.
The altcoin sector shows clear differentiation. BNB is under pressure due to the short-term correction of the Chinese Meme ecosystem, and its overall performance is weaker; in contrast, SOL is exceptionally strong, leading the mainstream coins with a 4% increase over the past 24 hours.
**On-Chain Data Overview**
Last year, the Bitcoin network was mined by 36 independent miners, indicating that the network’s decentralized distribution remains intact; the Chinese Meme token hype has temporarily receded, with popular tokens like "I’m coming" and "Laozi" experiencing significant market cap retracements.
**Policy and Application Trends**
Kweichou Moutai has established a digital technology company, with related business involving blockchain technology software and services; the Russian Social Fund has discussed the application of cryptocurrency payments for pensions at the societal level; additionally, Venezuela has been extensively using USDT to evade sanctions, and Tether officials stated they will actively cooperate with international law enforcement agencies.
**Market Outlook**
Maintain a long-term perspective, believing that BTC breaking through 200K is only a matter of time. When trading futures, remember that stop-loss is the first principle, and probabilistic thinking is the core of trading.
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SybilSlayer
· 8h ago
SOL is taking off again, this rhythm is really amazing
BTC at 91K feels like it still needs to continue oscillating, don't be too optimistic
The meme hype around BNB really comes and goes quickly, the king of cutting leeks
I just laughed at Maotai getting into blockchain, is the era of traditional giants entering here?
Venezuela USDT payments are a bit interesting, a true safe haven usage
View OriginalReply0
PumpAnalyst
· 8h ago
The support level at 91000 has been pushed back up, but with such weak momentum, can it really break 200K?
SOL is really fierce this time, BNB's Chinese Meme has been cut one round after another, it seems we still have to keep cutting.
The first rule of stop-loss is easier to say than to do. Watching the account recover, who can resist adding to their position?
BTC network distribution is quite good, at least not dominated by around 36 miners, so that's reassuring.
Is Maotai launching a blockchain? Really? Which new trick is this from the big players...
Ethereum breaking through 3100 with the trend doesn't feel very imposing. Who are we following every day? Be your own boss, brother.
Venezuela is heavily using USDT to evade sanctions. Is Tether actively cooperating with law enforcement? This could really cause stablecoins to crash. Get in early, don’t wait.
The decline in Meme popularity is the normal logic; the crazy ones earlier probably lost everything, even their underwear.
For intraday swing trading, you need to seize that 0.5% opportunity. On the technical side, 91000 is a crucial watershed.
This week's market won't be too calm? Saying that every day, the big players have already mastered the rhythm.
View OriginalReply0
Degentleman
· 8h ago
Sol is really unbeatable this time, why is BNB still struggling?
BTC hitting 200K is a sure thing, just depends on who can hold on until that day.
Chinese memes are dead, good riddance, no more getting wrecked every day.
Futures trading is gambling; those who can't set stop-losses are basically gone.
Moutai doing blockchain? Truly a rare sight.
#密码资产动态追踪 Market Weekly Report Issue 248
Weekend night trading activity has started to pick up, and it looks like this week’s trend will not be too calm.
Bitcoin has been testing back and forth before the Asian market opens, and has now rebounded above the 91,000 level, which is a good start to the week. Investors can continue to watch. Ethereum broke through 3100 along with the trend, but its upward momentum is relatively limited, mainly following the trend.
The altcoin sector shows clear differentiation. BNB is under pressure due to the short-term correction of the Chinese Meme ecosystem, and its overall performance is weaker; in contrast, SOL is exceptionally strong, leading the mainstream coins with a 4% increase over the past 24 hours.
**On-Chain Data Overview**
Last year, the Bitcoin network was mined by 36 independent miners, indicating that the network’s decentralized distribution remains intact; the Chinese Meme token hype has temporarily receded, with popular tokens like "I’m coming" and "Laozi" experiencing significant market cap retracements.
**Policy and Application Trends**
Kweichou Moutai has established a digital technology company, with related business involving blockchain technology software and services; the Russian Social Fund has discussed the application of cryptocurrency payments for pensions at the societal level; additionally, Venezuela has been extensively using USDT to evade sanctions, and Tether officials stated they will actively cooperate with international law enforcement agencies.
**Market Outlook**
Maintain a long-term perspective, believing that BTC breaking through 200K is only a matter of time. When trading futures, remember that stop-loss is the first principle, and probabilistic thinking is the core of trading.