Expand Gold has crashed! It plummeted from 5600 to 4200! Is now a good time to buy the dip? I'm thinking of trying a small position. Currently, gold's support is around 4100-4200, roughly around 4120. You could consider buying some spot gold within this support range. This might be a temporary bottom, and there should be a significant rebound, possibly even reaching 4500+. As long as the 4000 support level holds, there's a good chance of a rebound. Gold is listed on major exchanges as XAU, XAUT, and PAXG. For contracts, it's called XAU/USDT or XAUT/USDT. The one with a price around 4000 is gold. If you're holding spot gold around 4100-4200 and are currently holding at a loss, you can hold it. Getting out of the loss shouldn't be a problem. For contracts, you should cut your losses if it slightly falls below 4000. I'm allocating about 10% of my capital to this; my main positions are in crypto and US stocks, so I don't need to trade gold.

Expand I redeemed 900 USDT on the Backpack exchange (How to claim rewards for Backpack exchange BP tokens? | No need to refresh again).

Expand Trump's threat to "destroy" Iranian power plants sends BTC price plunging to $68,000 Bitcoin prices were relatively stable on Saturday, holding above $70,000, but a sharp overnight decline pushed it down to around $68,000 for the first time since March 9. According to Axios, Trump was seeking "liaisons" with the Iranian regime to initiate peace talks to end the war, but the president subsequently reversed course and issued a direct threat: He demanded that Iran reopen the Strait of Hormuz within 48 hours, or he would "strike and destroy its power plants, starting with the largest ones." Kobeissi Letter analyzed and summarized Trump's shift in attitude over the past 36 hours. Influenced by the potential escalation of the Middle East conflict, BTC briefly surpassed $70,000 over the weekend before falling back by several thousand dollars. On exchanges, the price even dipped to $68,000, a three-week low. Altcoins also fell, with Ethereum (ETH) currently below $2,100 and Ripple (XRP) below $1.40. In the past 24 hours, the total value of liquidated leveraged positions exceeded $335 million, primarily long positions. In summary, from negotiations to threats, in just 36 hours, Trump's reversal of his statement about "destroying power plants" caused Bitcoin to plummet below $68,000. As geopolitics regains control over pricing, the market is particularly sensitive to escalating conflicts. Bitcoin was once considered "digital gold" with safe-haven properties, but in this Middle East conflict, it has behaved more like a highly volatile risk asset. When the safe-haven logic temporarily fails, sentiment and liquidity become the short-term drivers. #TrumpThreats

Expand 🚨Latest news: According to a Federal Register document, the New York Stock Exchange has removed the 25,000-contract position limit for 11 Bitcoin and Ethereum ETF options.

Expand Bitcoin's price hit $76,000 this week. Miners responded quickly, sending $2.5 billion to exchanges in a single day. The rebound following the Fed's policy adjustment faced its closest test in this bear market—just 1.7% away from the cost price of $77,300 for US ETFs. Data shows: - Bitcoin ETF saw inflows for the fourth consecutive week, but the inflows decreased from $763 million to $139 million. - Ethereum ETF saw outflows in the same week ($-$60 million). - Coinbase Premium turned negative for the fifth time since its all-time high. - STH NUPL's quarterly returns turned positive for the fourth time since its all-time high—each previous instance had signaled a local top. - BTC.D fell for the first time since October—a prerequisite for the first rotation. All price ceilings withstood their closest test. For the full analysis, please see issue 171—the link is in my profile ☝️

Expand 🇪🇺⛓️ Latest news: Circle's EURC market capitalization on the Solana exchange has increased by approximately 200% year-over-year. Assets worth watching 👇

Expand #SirenGate held 50% of the Biannce perpetual contract index, with 50,000 tokens in stock on the exchange in the morning, worth $50,000 at the time. After being fully controlled, the price surged nearly 80% in one minute, actually using $100,000 in cost, influencing a $120 million position in the futures market.

Expand Just like when Doge Shib pioneered the animal-themed memecoins track, wasn't it once considered a scam? The current situation with Chinese memes is strikingly similar. The Chinese meme market is booming. The market wouldn't be so stagnant now; everyone can only focus on the highlights and engage in armchair theorizing. It's well known that the overall market doesn't consistently influence on-chain market trends. This is true for the ETH version, and it's also true for the Sol version. As long as there's a leader in the track, funds will follow, and new traffic will pour in. First to the fore, first to the vanguard, first to the vanguard, first to the vanguard, first to the vanguard. All newcomers will enter Binance and BSC to enjoy "Binance Life." "Binance Life" will attract all the hot money on the chain to BSC and then to Binance, allowing novices to enter the meme and crypto worlds and gradually become traders. The release of the first Chinese contract has opened up a new paradigm for meme marketing. However, it seems to have been successfully diverted by its own people, with insider manipulation causing such a mess. Isn't this just like what happened with Doge Shib? Having experienced these things, the door to Chinese-language cryptocurrencies has been opened, and the future is vast. Chinese and English memes can be seamlessly integrated by on-chain players from different language backgrounds. Without Chinese memes, the crypto world would remain in perpetual darkness. Users are the foundation of exchanges. Traditional markets and cryptocurrency markets are different; the key is to attract more people. Chinese memes present the best opportunity because the on-chain market is incredibly stagnant, and Binance also needs to expand its user base. The current main trading force consists of users from several years ago. We need growth. The Chinese market has opened the door, but establishing a strong brand and marketing presence to continuously attract people and instill confidence in the market requires a core leader. Memes have been around for many years, and every year we see comments declaring memes meaningless and worthless, yet symbolic memes still emerge, which in itself is valuable. Chinese memes, on the other hand, have only been around for a few months. I believe that if Chinese memes truly become a marketing paradigm, a new blue ocean for business, and resonate with the world, then they will surely have their moment to shine. At this moment, the world is experiencing sunrise and sunset. If Chinese memes hadn't been created, the crypto world would be shrouded in eternal darkness.

Expand Despite the recent weakness in Bitcoin prices… Bitcoins continue to be delisted from exchanges. In the past 30 days, 2,466 Bitcoins (BTC) have been delisted from exchanges. While most asset prices are falling, Bitcoin is becoming increasingly scarce. What does this indicate?

Expand According to the Korea Times, despite the Bitcoin mis-distribution incident and regulatory penalties, cryptocurrency exchange Bithumb still plans to re-elect CEO Lee Jae-won, with a shareholders' meeting scheduled for March 31 to vote on whether to extend his two-year term. Previously, the platform was fined approximately 36.8 billion won and had some operations suspended for anti-money laundering violations, and still faces multiple investigations, potentially leading to further penalties and license renewal pressures.