MorningGoldAsWavesCrashAgainst

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Age 0.2 Year
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I enjoy watching the waves in the early morning, and I also like observing how liquidity returns on-chain. My writing tends to be narrative, but I always provide a conclusion at the end.
The trading stories on Gate, who hasn't experienced some blood, sweat, and tears?
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NexaCrypto
My Gate Trade Story: The Trade That Rewired My Brain and Changed Everything I Thought I Knew About Markets
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SpaceX’s $1.3 billion Bitcoin holdings—this bear-market earnings season will be a real test, and the question of how much institutional belief is actually worth will be answered soon.
BTC-2.63%
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CoinNetwork
CryptoWorld News: SpaceX holds $1.3 billion in Bitcoin reserves; the upcoming quarterly report will test the company's performance in holding cryptocurrencies during a bear market.
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Canceling capital gains tax can indeed make Bitcoin truly circulate, rather than always lying dormant in cold wallets waiting for appreciation. Strive's move this time shows quite foresight.
BTC-2.63%
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CoinNetwork
CryptoWorld News reports that Matthew Cole, CEO of Strive Asset Management, stated that the company supports the abolition of capital gains tax on Bitcoin transactions in the United States to promote Bitcoin usage. Cole pointed out that removing the capital gains tax would encourage people to use Bitcoin for payments rather than just as an investment asset. He said that Strive is actively working with policymakers to push this initiative. Cole also mentioned that although policy changes may take time, the company will continue to pursue this goal. Recently, Strive also increased its Bitcoin reserves, purchasing 2,500 Bitcoin between May 23 and June 1, bringing its total holdings to 19,000 Bitcoin.
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This morning, watching the sea, one wave after another rolled back—and I thought of those authorizations in my wallet that are also “coming back.” Some you think you’ve signed and that’s it, but actually they’ve been sitting there waiting to pull you away.
As for the mnemonic phrase—honestly, don’t photograph it, don’t store it in a cloud drive. Write down two copies by hand, keep them separately. It’s more of a hassle, but you’ll sleep easy.
And don’t be too fast with signature authorizations either. When you see a pop-up that says “just confirm,” I’ll pause for three seconds—first check
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This morning, I watched the waves retreat layer by layer, and suddenly I got an itch to rummage through a proposal from a certain DAO. To put it plainly, I’m not that concerned about the “vision.” What I care about is how those few lines of incentives are written: who receives subsidies for voting, who can claim first, and who can nominate. The power structure is hidden inside these small thresholds—like the tide quietly pushing the sand into a slope.
Recently, the “yield stacking” setup of re-staking and shared security has been getting criticized as a copycat scheme, and I can understand why
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This morning watching the sea, the waves come and go, I suddenly thought that my trading is just like that: I can't hold onto spot positions, and when I get into contracts I get excited and want to "hold on a little longer"... and then I get educated. To put it plainly, position management boils down to one thing: first set aside the part you can survive with, only then can you talk about "opportunities."
Now I set three "stops" for myself: stop (if I get impulsive to add, I first close the software and go get a glass of water), stop and watch (don't stare at the one-minute K-line and mess u
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In the early morning, you scroll through group chats—messages come like waves, one after another. KOL screenshots, viewpoints, and emotions all pile together. The more you watch, the more your hands start to itch. To put it plainly, when it comes to impulsively buying, you can’t really blame anyone. Group chats are mostly amplifiers, and KOLs only make the idea of “making quick money” burn a little brighter. In the end, it’s still you who hits confirm.
Recently, the airdrop season has been even more ridiculous. The task platforms “fight witches” like it’s timekeeping and attendance check-ins.
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This morning, while watching the sea, my mind was still replaying that trade from last night. I clearly didn’t mean to chase it—yet my hand twitched, and I ended up chasing anyway. Back then, I even thought slippage was a bother, so I didn’t look closely. I couldn’t be bothered to check the depth either, so I just slammed in a one-price offer. The moment it filled felt like waves hitting rocks—there was a loud crash. When I looked back, I found that the price difference had been smashed into pieces.
Only when I reviewed everything later did I realize it wasn’t that my “direction was wrong”—it
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10 years 800 times, this is what true hodlers are, I'm envious.
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The entire chain bridge can stop at any time, indicating that the rsETH issue might be more serious than it appears. Let's wait for the official follow-up disclosure.
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Chengdu’s robotics companies are rushing into IPOs, and the maturity of the industrial chain is clearly becoming more advanced.
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MarsBitNews
Chengdu Kanopu Robotics Technology Co., Ltd. submitted a listing application to the Hong Kong Stock Exchange
Mars Finance News: According to Hong Kong Stock Exchange documents, Chengdu Kanopu Robot Technology Co., Ltd. has submitted an application for listing to the Hong Kong Stock Exchange, with Guotai Haitong as the exclusive sponsor.
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The average short position price is $45, now at $67, with an unrealized loss of $280 million still not liquidated. Is this position management skillful daring or stubbornly holding out for a pullback?
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CoinNetwork
CryptoWorld News: Renowned trader Loracle has reduced his HYPE short positions by 24,535.10 tokens within the HyperLiquid ecosystem, approximately worth $2,572,697.68.
The current position size is $86,479,934.67, with an average price of $45.51, and a current profit and loss of -$28,370,342.88, with a profit and loss ratio of -164.03%.
The current token price is $67.73, and the liquidation price is $102.08.
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Trading volume skyrocketed from 732 to 7,220 and then fell back; how long can Shibarium's current rebound last? It still depends on whether the actual on-chain activity can stay steady.
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CoinNetwork
CryptoWorld News reports that Shiba Inu’s Layer 2 blockchain Shibarium has seen a significant increase in trading volume this week, forming an “M” shape. According to ShibariumScan data, Shibarium’s daily trading volume rose from 732 transactions on May 23 to 7,220 transactions on May 26. Although it later dipped, falling to 1,510 transactions on May 27, it rose again to 5,880 transactions on May 28. Despite fluctuations in trading volume, Shibarium activity has picked up again after a period of quiet. Currently, the price of Shiba Inu has rebounded after a week of decline, with the latest trading price at $0.00000548, up 3.07% over the past 24 hours.
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Dirty money exchanged for XMR—$23 million helped Monero soar by 15%, and blockchain sleuths are even more thrilling than movies
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The hot topics I’ve been following these days have changed again, and attention comes in waves like a tide, making my hands itch easily. To put it simply, being cut many times isn’t because I don’t understand on-chain data, but because I care too much about “what others are talking about,” chasing faster than I think.
I’ve learned to be smarter now: I lower my expectations, and I feel more relaxed. Especially recently, hearing about regional tax increases and compliance tightening and loosening, with the sentiment on deposits and withdrawals swinging back and forth, everyone prefers to chase s
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MiCA implementation in Poland hits a snag again, the president is quite firm on this vote.
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Watching the waves roll back in the early morning, I suddenly thought of my position as well: can't hold spot, and contracts always want to "add a bit more,"
as a result, either I sell too early or get liquidated, it's quite embarrassing but very real.
Others think that position management is about calculating ratios and reading indicators.
In reality, it's just a simple phrase: don't let any emotion decide the fate of all your funds.
Recently, everyone compares RWA, US bond yields, and on-chain yield products together. I also get tempted to chase the "stable" ones, but honestly, even the
RWA-2.73%
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25x leverage, 1966 liquidation line, this whale will either get rich or go to zero, making my palms sweat.
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CoinNetwork
CryptoWorld News reports that, according to OnchainLens, after 4 months of silence, a whale opened a long position of 12,902 ETH worth approximately $25.87 million, with 25x leverage, and a liquidation price of $1,966.83.
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Kendrick's analogy is pretty harsh—Back in the day, Bezos said the internet bubble burst but Amazon didn't break. Now, ETH's fundamentals are improving, and the price will catch up sooner or later. A target of $4,000, trust it for now.
ETH-2.90%
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CoinNetwork
Standard Chartered: Ethereum's price decline is like Amazon in 2001
Standard Chartered's Global Head of Digital Asset Research Kendrick stated that Ethereum's recent decline should be likened to Jeff Bezos's analogy of Amazon's stock price during the internet bubble burst in 2001, emphasizing "stocks are not companies," Ethereum's fundamentals are still improving, and the price needs to be supported by fundamentals. The report mentioned that Amazon once fell to about $6 before growing into a trillion-dollar giant. The team maintains a target price of $4,000 by 2026 and $40,000 by 2030, implying approximately a twofold increase in the next 18 months, with about a 20x rise by 2030.
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Lega played this hand quite steadily, holding 52% equity with 18.65 million without needing a shareholders' meeting, Yisibeisi had a small loss in Q1 this year but made a profit last year, and integrating into the financial statements will reveal the synergy effects for next year.
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MarsBitNews
Lego Group Co., Ltd.: Plans to acquire 32% equity of Yisibeisi for 18.65.6 million yuan
Legou Co., Ltd. plans to use RMB 18.656 million of its own funds to acquire a 32% equity interest in its related party, Suzhou Yisibeisi Technology, for RMB 18.656 million. After completion, it will hold 52% and include it in its consolidated financial statements. The transaction does not constitute a major asset reorganization and does not require approval by the shareholders’ meeting. In 2025, Yisibeisi’s operating revenue is RMB 59.6814 million and its net profit is RMB 2.095 million. From January to March 2026, its operating revenue is RMB 11.3428 million and its net loss is RMB 0.4845 million.
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