🔎 Market Overview 05/10 Most of the crypto market is trading in the green zone🔼 Bitcoin (BTC) $80,848 (+0.57%); Ethereum (ETH) $2,331 (+0.62%); Solana (SOL) $94.51 (+0.91%); BNB (BNB) $650.2 (-0.02%). Market capitalization: $2.77 trillion (+0.68%). BTC dominance: 60.79% (-0.01%). Fear and Greed Index: 49 (neutral); Altseason Index: 35. BTC trading volume — $16.9 billion. Total open interest — $59.1 billion.

Meet one of the most infamous copytrader/sniper wallets in Solana history: n*****d597QYedtvjQDVHZTCCGyJrwHNm2i49dkm5zS Just this month alone, the wallet is already up over $50,000, with an average hold time of 2 seconds. Since October 13, 2024, it's up roughly $8.98M, averaging around $470,000 per month. The wallet used its own custom on-chain program to execute post-bonding snipes faster than normal bots and manual traders, giving it a massive edge during the peak times. Today, besides still sniping highly copytraded dev wallets like the Fartcoin dev and others, it mainly focuses on copytrading the best Solana traders. You can often spot it as the immediate buy right after wallets like Decu, Cented, or Dv enter a trade.

#Gate广场五月交易分享 Market Observation The most obvious change in the recent market is not how much BTC has risen, but that: BTC hasn't moved much, but market funds have already started to spread into high-beta assets. In the past few days, BTC has been oscillating around 80K, neither truly breaking through nor showing clear weakness. Meanwhile, SOL has already begun to accelerate noticeably. Currently, in the Asian session, it has reached around $93–94. This indicates that market funds are gradually shifting from "only holding BTC" to "retrying high-risk assets." And this rhythm is actually very important. Because in a truly weak market, usually only BTC can hold up. But now: SOL is clearly stronger than BTC Altcoins are starting to rotate more Funding rates are turning positive again Leverage is beginning to accumulate again This shows that market risk appetite has started to recover. But the problem now is that the biggest risk in the market is not that no one is bullish, but that "more and more people are starting to assume the trend will continue." Recent very obvious changes include: Open interest remains high ETF funds continue to flow in Bullish sentiment is clearly warming up Altcoins are starting to catch up in gains This means the market has begun to re-enter the "highly crowded trading phase," and many times in history, the real big volatility often doesn't happen when the market is most panicked, but when "the market starts to feel very safe." Because when everyone begins to assume: BTC won't fall further ETFs will keep buying Altcoin rallies will start The market is actually most prone to sudden, intense fluctuations. The current overall market structure is still relatively strong, but the high-level bullish sentiment has already begun to form.