BSC has been lively for less than three days, and half of the fire in this chain has been extinguished today. It is indeed difficult for artificial local cows to shake the overall situation.Another very core thing is that the players on BSC are almost Chinese, and the pattern directly leads to a cliff-like decline in the diamond hands. It is really difficult to drive the market to rise in the overall environment.
The US SEC finally gave up its lawsuit against XRP, and started an investigation in 2017 and formal lawsuits in 2020. The biggest negative news for eight years has disappeared. XRP has risen slightly in the short term due to this news.No matter what, the main force of xrp is indeed quite powerful, and there are only a handful of old mainstream players who can firmly sit on Diaoyutai. This also means that the new regulatory framework of the crypto market is taking shape, and the market will usher in the next stage.
In the morning, the Bank of Japan announced that the yen interest rate remained unchanged at 0.5%, in line with expected data.The crypto market has begun to temporarily suspend the short-selling atmosphere. At the same time, the arguments about Powell's dove speech in the evening have emerged in major communities. If it weren't for the dog shop fraud, the wave of big cakes and ether is expected to take off simply from the technical side. On the day of big fluctuations, the overnight news will focus on the news.
Macro data, Bitcoin spot ETFs had a net inflow of US$209 million yesterday, and Ethereum spot ETFs had a net outflow of US$52.82 million. The macro data of Big Pie has recovered at over 100 million for two consecutive days. This signal is likely to be the prelude to the release of relatively good news in the evening.I have to say that at every critical window of market direction choice, Wall Street funds have a very high sense of smell.
Ancient EOS announced today that it would be fully upgraded, renamed Vaulta, and then promote web3 banking business. The funds briefly poured in and took a wave of main upward trends at the hourly level.The news obtained by Uncle San’s personal channel was that EOS had changed to the banker, and the previous project party withdrew completely.In terms of narrative, the EOS ecosystem is really good, but the reputation of the project party before is really bad. In terms of slogans, eOS has never lost, and in terms of market conditions, we will wait and see.
Ray also made his own meme launch platform, and the market surged to the sky with a 30% wave. Brother Sun's Tron also made a big splash, all without handling fees for half a year. Brother Sun's series was also eye-catching today.
With so much money, these big market culprits have to worry about it.It is expected that the DEX will definitely be the mainstream trend in this round of market and in the future, but the DEX never believes that MEME can become an infrastructure of the crypto ecosystem. The absolute security of assets is very important, and the sustainability of the tokens and project logic of the dex market is also very important. It is estimated that after retail investors are cut off, these large-scale buildings in the market will consider the implementation of the sustainability narrative brought by dex.
BTC: Bitcoin bulls broke through for a moment, and the market is not a vague one. Tonight, the possibility of filling the gap of 86,000 points above is a foregone conclusion. The liquidity of market bulls rose significantly at a meeting the day before yesterday. Yesterday, after a brief two-level differentiation, it showed a very obvious upward trend again today.The only thing short-term players need to consider is whether Powell's speech overnight can give a loose expectation, and the signal will be in place, and the peripheral line will be bottomed out, and the bottom of the general direction will be out of the shackles, which is not far away.
ETH: Ethereum linkage big cake. Yesterday, the main force of the daily line closed very well, and it was also obvious that the main force was playing the role of the main force. Ethereum's main force still took action.
The counterfeit part: the weak linkage big cake, the old counterfeit is ready to move, and the trend is determined after the news has passed.Others are exchanged on the comment section.
Panic Greed Index 32 within the day.
Finally, stay away from leverage and stock up on spot!#US SEC will give up appeal to Ripple #crypto market rebound $BTC #
