Crypto KOL Community & Market Trends

Do you know who is the most pitiful?
The most pitiful are those who have made millions or tens of millions in the crypto world and then lost it all.
They once went from nothing to the peak in an instant, earning money that ordinary people could never make in a lifetime of hard work, and then fell back into poverty.
They can no longer go back to working honestly like when they had nothing at first; as a result, they can't do anything, and it's very difficult to earn it back in the crypto world.
That sense of helplessness is terrifying.

$0.8 RE, are you bottom fishing or just taking over?

First look at the surface: the story is sexy, but the price didn't hold up.

On June 18, five major exchanges launched simultaneously, doubling from $0.4 on the same day, reaching an all-time high of $1.09 on June 20. Market cap is $130 million, 24-hour trading volume approaching $200 million—liquidity among new tokens is top-tier. And then? It dropped from $1.09 to $0.8, a 26% decline.

Explosive launch → peak at high levels → profit-taking correction—this is the trilogy of new tokens, and the third act is not over yet.

First thing: the story is very sexy, but your cost is 16 times theirs.

Re Protocol is doing “on-chain reinsurance”—you deposit stablecoins, the protocol uses them to reinsure American insurance companies, collecting premiums and returning profits to you. Currently, TVL is about $594 million, underwriting portfolio is $510 million, covering residential insurance, commercial auto, and workers' compensation. Stablecoin holders can earn a real yield of 12%-14%.

Total supply is 1 billion tokens, only 159.6 million are in circulation, with a circulation rate of just 16%. Launch price was $0.4, IEO price was only $0.05.

If you entered at $0.8 now, you're profiting from those who bought at $0.05.

Second thing: real yields are genuine, but the token may not be worth much.

What is RE's utility? Governance. Staking RE allows you to share part of the protocol’s fees.

The reinsurance sector is indeed huge—annual premium volume is about $1 trillion. Re’s business model is also real—each $1 of collateral can support $5-$7 of written premiums, leveraging mechanisms that achieve a yield of 12%-14%. The project team says they aim to break $1 billion in underwriting in the next 7 months.

But can the protocol’s real income support a $130 million market cap?

Is a project that has been live for less than a month, with only 16% circulation, worth $800 million?

Third thing: technical analysis shows that the correction isn’t over yet.

4-hour chart: broke below the lower boundary of the ascending channel, RSI has fallen from overbought territory, MACD shows a clear death cross.

From $1.08 down to $0.8, a 26% drop. For a new token, a 30%-50% correction is common.

Key levels:

Support: $0.78-$0.80 (dense trading zone) → $0.70 (strong support)

Resistance: $0.90-$0.95 (retracement zone) → $1.00-$1.09 (retest ATH)

Bull-bear showdown, you decide.

One side:

RWA sector is booming, reinsurance market size exceeds $500 billion

Real yield model, 12%-14% stablecoin returns

Backed by Coinbase Ventures and other institutions

TVL of $594 million, underwriting portfolio of $510 million

Launched simultaneously on five major exchanges, top liquidity

Other side:

Circulation rate only 16%, 84% of tokens held by a few

IEO price was $0.05, now at $0.8, giving early investors 16x profit

After listing, new tokens generally retrace 30%-50%

Large on-chain transfers account for 40%, suspected wash trading

Market unstable, BTC fluctuating around 62k

Brothers caught in the trap:

If it rebounds to $0.90-$0.95, cut your position in half. Don’t expect it to reach $1.09 again—this requires new funds to absorb all profit-taking orders—the probability of a second wave of rally is much lower than continued decline.

For bottom-fishers:

Wait for two signals: 1) price stabilizes at $0.70-$0.75 with increased volume rebound; 2) BTC stays above $65k. Then try a small position long, stop-loss at $0.68, target $0.90-$1.00.

Spectators:

Wait until July. Watch whether the project’s TVL continues to grow and whether real insurance data is verified. RWA sector is promising long-term, but good projects don’t always mean good prices.

Position management rule:

New tokens are highly volatile (daily swings of 10-20%+ are common), keep position size within 1-3% of total funds, and strictly set stop-loss.

You saw it at $1.09 and didn’t buy, then it dropped to $0.8 and thought “it’s 30% cheaper, time to bottom fish.”

But the IEO price was $0.05.

RE’s fundamentals might be real, and the reinsurance sector might be real. But if your cost is 16 times theirs, then all this “truth” has nothing to do with you.

Good projects ≠ good prices.

The position you took at $0.8 might be a trap set by others at $0.05. #我的Gate交易时刻 #Gate直通韩股股票 $BTC $SOL $RE

UPDATE: Reports suggest Elon Musk’s net worth dropped by around $350B within days as SpaceX ($SPCX) slid 31%.

On Monday alone, about $152B was wiped out—more than the total wealth of Warren Buffett.#Get2SharesOfSKHynixAtZeroCost #SpaceXPlunges16%MarketCapErodes400B

ETH at $1650, can you still hold on?

First look at the surface: all bearish signals, nearly a 60% drop.

Down 5.5% in 24 hours, 6% in 7 days, 20% in 30 days. From $2000 three months ago to $1650, the dream of the alt season has shattered everywhere. The candlestick chart shows: $1650-$1620 is the last line of defense, breaking it means $1550. RSI below 45, MACD death cross suppression, all moving averages pointing downward—

But have you noticed, this drop feels off?

First thing: all bearish news is an "emotional knife," it can't pierce the fundamentals.

ETF outflows? Yes, last week was still selling. But do you know BlackRock's pledged ETFs have started distributing staking rewards to holders? Institutions holding ETH can not only benefit from price gains but also earn interest. Once this product matures, traditional funds will flood in like crazy.

Taiko was hacked for 1.7 million? Yes, but the ETH mainnet remains rock solid. 1.7 million is nothing in crypto; we've been through FTX collapse—why panic over this?

Foundation talent drain? Vitalik is still here, core developers are still here, the roadmap is still progressing. The CROPS framework—censorship resistance, open source, privacy, security—this is the long-term value.

Second thing: 33% of ETH is staked, you read that right.

37 million ETH are locked in staking contracts, with an annual yield of 3-4%.

Exchange reserves are at historic lows; those wanting to sell have mostly sold. Supply is shrinking, demand is waiting for a trigger—maybe better PCE data, maybe rising rate cut expectations, maybe a sudden surge in an ETF product.

The ETH/BTC ratio has already fallen to a historic low. Every time it hits this level, ETH outperforms BTC from that point onward.

Third thing: the Federal Reserve is scaring you, but it’s about to run out of steam.

The FOMC dot plot is hawkish, suggesting possible rate hikes this year.

US GDP growth is 1.6%, treasury interest payments have surpassed military spending, and bank system commercial real estate bad debts are piling up.

June 25th core PCE data is critical. If the data is soft, the market will instantly shift from "rate hike expectations" to "rate cut expectations," and high-beta assets like ETH will be most elastic.

Long and short battle, see for yourself.

One side is:

33% of supply staked and locked, exchange ETH rapidly depleting

BlackRock staking ETF begins distributing dividends, new institutional channel opens

L2 fees as low as $0.1, ecosystem at all-time high activity

ETH/BTC ratio at historic lows, extreme conditions often reverse

The other side is:

ETF continuous outflows, market sentiment pessimistic

Hawkish Fed, high interest rates suppress risk assets

All technical indicators are bearish, $1650 is on the brink

June seasonal weakness, not yet time for reversal

Key levels:

Resistance above: 1750-1800 → 1900 → 2000-2100

Support below: 1620 → 1550 (last line of defense)

Short-term traders:

Wait for daily close above 1750 with volume to go long, target 1900-2000. If it breaks below 1620-1650, don’t rush to buy; wait until near 1550.

Swing traders:

Build positions gradually in the 1620-1550 range, total position control at 20-30%. Stop loss at 1480. Target 1900-2000, hold steady.

Long-term believers:

At this level, dollar-cost averaging is the way. Buy fixed amounts every month, don’t look at candlesticks.

After a 60% drop, what are you still afraid of?

I’ve seen ETH fall from 1400 to 80—down 94%. Back then, everyone said "ETH is going to zero."

And what happened? It rose to 4800.

Bull markets aren’t without pullbacks, but every time they do, you think "This time it’s really over."

ETH at $1650 now is very much like $300 in March 2020, or $880 in June 2022.

This time, are you selling at the bottom or smiling and waiting for the wind? #我的Gate交易时刻 #Gate直通韩股股票 $BTC $ETH $SOL

Going long on gold
$XAU
Stop-loss planned at 4050, with short-term targets at 4170 and 4230
Will explain the logic in the next tweet
{future}(XAUUSDT)

$ZAMA | 1H Trade Setup

Bias: Bullish / Long

Entry Zone: $0.0300

TP1: $0.0330
TP2: $0.0360
TP3: $0.0400

Stop Loss: $0.0275

Setup Rationale:
$ZAMA is maintaining a bullish market structure on the 1H timeframe, with higher lows continuing to form after consolidation. Momentum is building above key support, and a successful hold of the entry zone could trigger continuation toward the next liquidity levels. Risk is clearly defined, while upside offers a favorable reward profile.

Trade the setup, not the prediction. Manage risk and let price confirm the move#GateStocks7x24Trading #SpaceXPlunges16%MarketCapErodes400B

As a trader, I’ve learned that every cycle teaches something different.
There’s no perfect asset.
The more markets you understand, the better you understand risk, opportunity, and how capital moves.
Stay curious.
And always do your own research.

Digital assets have become one of the newest asset classes attracting global attention.
From Bitcoin to stablecoins and tokenized assets, more people are studying crypto alongside traditional finance not instead of it.

$62k Bitcoin, did you cut your losses?

First look at the surface: it has fallen for almost a year, and the market is in despair.

Bitcoin dropped from its October 2025 high, retracing about 50%. Weekly -5.88%, monthly -18.62%, year-to-date -28.7%. The price is stuck in the $62k-$64k range, looking fragile.

Historically, a 50% retracement after a halving bull market is standard. It happened in 2017, and again in 2021. This time is the "most gentle."

First thing: ETFs are running, but who is catching?

GBTC leads the decline, ETF net outflows continue this week, retail investors are scared and hurriedly place sell orders and run away.

But look closely at on-chain data: long-term holders (LTH) hold 79% of the supply, and haven't moved.

The same script as late 2022 — retail selling, whales eating, MicroStrategy still buying.

Second thing: The Fed is hawkish, but the market is already numb.

June meeting, the Fed kept rates at 3.50%-3.75%, dot plot hawkish: inflation forecast raised, hinting at possibly one or more rate hikes by year-end.

Once the news came out, Bitcoin was hammered from 64k down to 62k.

But pay attention to a detail: the decline is getting smaller.

New Chair Kevin Warsh's first meeting was hawkish, market pricing already includes the worst expectations. Once inflation data softens, rate cut expectations will reignite, and Bitcoin will be the first to take off.

Third thing: The candlestick chart gave the final card.

Daily chart shows: a symmetrical triangle formed over months, breaking down in a bear market.

$62k-$62,500 was tested repeatedly, three times without breaking.

This is called a triple bottom. In technical analysis, it's one of the most classic bottom structures. RSI and moving averages are neutral, no oversold or overbought, but volume is increasing during the decline — selling pressure is depleting.

Key level: $62k, just $2,000 away from the critical 60k line.

Resistance above: $64,500 → $67,000 (key) → $70,000+

Support below: $62k → $60k → $58,000 (final line of defense)

Bull-bear showdown, see for yourself.

One side is:

Long-term holders hold 79%, unmoved
MicroStrategy and other companies keep buying
Supply dries up after halving, scarcity increases over time
$62k tested three times without breaking, forming a triple bottom
Historically, after a 50% retracement, there’s usually a big rebound

The other side is:

ETF outflows continue, institutions retreat short-term
Hawkish Fed, possible rate hikes by year-end
YTD loss of 28%, trend still bearish
Long-term security concerns about quantum computing

Short-term traders:

Light long positions at $62,300-$62,500, stop-loss at $61,800. First target $65,000-$67,000, leverage within 3x, don’t be greedy.

Mid-to-long-term players:

Add positions in batches around $62k, with strong support at $60k-$62k. Use DCA to invest weekly, don’t go all-in at once. Target $80k-$100k+.

Risk management:

Total position no more than 20-40%.
If it breaks below $62k, wait and see; below $60k, start buying.
Don’t borrow money, don’t hold heavy futures positions, staying alive is more important than anything.

Bitcoin now is like the end of 2022 —

Everyone was shouting "Bitcoin will go to zero," but three months later, it rose from 16k to 30k, doubling.

Every bull market quietly starts when most people are in despair. #我的Gate交易时刻 #Gate直通韩股股票 $BTC $ETH $SOL

Why do people keep talking about alternative assets?
Because not all assets move the same way.
🧵👇

Samsung's move is pretty aggressive!
OpenAI has made ChatGPT Enterprise and Codex available to all Samsung Electronics employees in Korea, as well as employees in the global DX department.
Isn't this just creating demand for themselves?
The more employees use AI, the more models run, the more models run, the more computing power is needed, the more computing power is needed, the more valuable HBM becomes, and then who sells HBM? Samsung itself.
Others use AI to reduce costs and improve efficiency, but Samsung uses AI to press the accelerator while selling gasoline.
This is what true closed-loop operation looks like.

My friends and I are all trying to find a passive income model.
After all, my main job is busy enough, monitoring the market is time-consuming and labor-intensive, and I went to try one-click copy trading, watching a top trader with a 90% win rate, but after a few months, the trader is still there, while my account was wiped out to zero.
Because the copy trading expert might have a principal of 10 million USD, accustomed to wide stop-losses, and sometimes in extreme market conditions, they choose not to set a stop-loss and just hold on.
But if you only have 1,000 USD and add leverage, a 10% drawdown could be a catastrophe for you.
Munger always emphasized a common sense: if I know where I will die, I will never go to that place.
Bitget Exchange has finally started to realize this pain point and has made changes.
I looked at the newly launched copy trading risk control parameters upgrade on Bitget CFD, and now the system has added independent take-profit and stop-loss settings.
You can set an absolute loss limit for yourself, for example, no matter how the top trader operates, as soon as the loss reaches 50 USDT, the system immediately disconnects and automatically closes the position at market price.
The top trader is willing to hold on no matter what—that's their business. You not only preserve your principal but also get to sit back and watch the show with a cup of tea.
In this market, no one is responsible for your principal except yourself.
Always remember, strategies can be copied, but risk control must be completely independent.
Living, and living comfortably, is the most important thing in this trading business!

Recently, I've been really hooked on the World Cup.
But just watching the game always feels a bit lacking in participation, so I've been playing in Gate's World Cup betting zone these days, and the experience is pretty good.
Coincidentally, Gate gave me a 100U prediction experience voucher, so I went all in on Portugal.
After all, this is probably Cristiano Ronaldo's last World Cup, so I have to support him.
If Portugal can't even beat Uzbekistan, then it's really time to go home and farm.

SpaceX wipes out an “Bitcoin empire” in a single day—those faiths about corporate BTC treasuries need to wake up

When the U.S. stock market closed on Monday, SpaceX plunged 16.43%, to $154.6—falling below its IPO day closing price. In just one day, its market capitalization evaporated by roughly $400 billion. Over three straight trading days, it has cumulatively dropped by more than 23%, erasing more than $900 billion from its peak market cap.

You heard right—$900 billion. USD.

The second-largest single-day market cap loss in global corporate history. Only behind a certain tech giant.

And just a few days ago, on June 16, during trading, SpaceX even touched an all-time high of $225.64. From the peak to the midpoint, it took only three trading days.

What happened?

A $6.3 billion AI compute-power deal was signed. Reflection AI will pay $150 million per month starting in July. Good news, right?

The market doesn’t buy it.

Investors are worried about something else: SpaceX is set to issue debt—$20 billion—to repay the bridge loans used to acquire xAI.

The AI business continues to run at losses. In Q1, revenue was $4.694 billion, with a net loss of $4.276 billion—almost matching last year’s full-year loss. S&P predicts that SpaceX’s free cash flow will remain negative before 2029.

An AI story that burns tens of billions every year and still doesn’t know when it will become profitable—meeting a $20 billion bond financing round—emotional bubble, and it burst.

But what really makes people in the crypto space break into a cold sweat is something else.

On June 13, the Whale Factor report disclosed: SpaceX holds 18,712 bitcoins. Its average cost is about $35,300. Based on the coin price at the time of around $63,000, the paper gain is close to double—worth about $1.18 billion.

The S-1 filing spells it out clearly: this is a “strategic reserve.”

What does that mean? Bitcoin has been officially written into the balance sheets of the world’s top private company, to be used as “digital gold” to hedge against inflation and currency fluctuations.

This should have been an epic corporate treasury narrative—“Even SpaceX is hoarding Bitcoin, so what are you hesitating about?”

So what happened?

Before the narrative even got warm, SpaceX’s own stock price crashed first.

This is where it gets interesting.

The “success story” effect of corporate Bitcoin treasuries is being reconsidered.

In the past few years, what was the logic behind corporate buying of Bitcoin?

MicroStrategy bought 847,000 BTC—its stock price rose. Tesla bought—its stock price rose. “Bitcoin is the optimal solution for corporate treasuries”—that narrative was built on the premise that “companies holding Bitcoin are rewarded by the market.”

Now SpaceX is here. It holds 18,712 BTC—the eighth-largest Bitcoin holder among publicly listed companies worldwide. It’s also one of the Bitcoin-holding members of the Mag8 group (“Seven Big U.S. stocks + SpaceX”), accounting for 25% of the group’s Bitcoin holdings.

Then, its market cap vanished—$900 billion—in three days.

How should those CFOs who are considering whether to allocate some Bitcoin as a treasury think about it?

They’ll ask themselves three questions:

SpaceX’s Bitcoin position has substantial unrealized gains, but its stock price collapsed—Bitcoin saved its balance sheet, but it didn’t save its stock price.

If even Elon Musk’s company can’t withstand the market’s re-pricing of a “burning-money” narrative, should I match that with my own limited funds?

Is the market rewarding “companies holding Bitcoin,” or rewarding “companies that can keep making money”?

The answer is brutal: the latter.

You might say: Isn’t Strategy still buying?

Yes. From June 15 to 21, Strategy again bought 520 BTC at an average price of $67,068. Strive Inc. has also just bought 759 BTC for $50 million.

But you need to see the difference clearly:

Strategy is a Bitcoin treasury company—its core business is buying Bitcoin. Its stock price moves with Bitcoin—one’s up, both are up; one’s down, both are down.

SpaceX is different. Its core businesses are rockets, Starlink, and AI. Bitcoin is only a 1.8% allocation on its balance sheet.

When the market questions its core business narrative, that 1.8% Bitcoin can’t save the remaining 98.2%.

This is the most painful truth of the corporate treasury narrative:

“Bitcoin can beautify your balance sheet, but it can’t improve your business model.”

So, will this affect other companies imitating SpaceX to build BTC treasuries?

In the short term, certainly.

Not because Bitcoin fell—BTC is still trading in a range around $64,000. Rather because the “success story” has developed cracks.

Those CFOs who were planning to write in their quarterly reports, “We followed SpaceX to allocate Bitcoin,” now have to weigh it again:

The board will ask, “If SpaceX collapsed, are you sure you want to follow?”

Shareholders will ask, “Do you want to learn from SpaceX’s Bitcoin holdings, or from SpaceX’s market cap evaporation?”

The story of corporate Bitcoin adoption has never been about whether “Bitcoin is good.” It’s about whether “the boss dares or not.”

Elon Musk dares. Michael Saylor dares. But most CEOs don’t.

When the boldest company gets hammered for $400 billion in the open market, the more cautious ones will only become even more cautious.

Finally, two closing remarks:

SpaceX’s plunge will cool the FOMO around corporate Bitcoin treasuries in the short term. Those potential “follow-the-leader” buyers will hit the pause button.

But true long-term players—Strategy, Strive, and family offices that treat Bitcoin as “digital gold”—won’t change their five-year strategy because of one company’s stock-price fluctuation.

For the corporate treasury narrative, the biggest risk has never been Bitcoin’s price volatility. It has always been that “the company holding Bitcoin is abandoned by the market.” SpaceX stepped on this landmine. #我的Gate交易时刻 #Gate直通韩股股票 #沃什首秀美联储利率不变 $BTC $ETH $SPCX