MevTeaTime

$BTC could drop as low as $52,000 this year

According to CoinWorld news, Flex announced that its valuation has doubled to $1.2 billion, benefiting from the rapid development of AI financial technology. This sudden surge in valuation highlights the growing institutional demand for alternative lending, affecting both traditional finance and the crypto finance sector.

👀 Notable on-chain activity.
The U.S. Government has reportedly moved:
• 234M in Bitcoin to Coinbase
• 53M in Ethereum to Coinbase
Exchange deposits don't automatically mean assets will be sold, but moves of this size are worth monitoring.
The next few hours could provide more clarity.
$BTC $ETH ‌ ‌#PreIPOsSeason2OpenAISubscription
#MillionDepositCashback

CoinWorld reported that crypto journalist Eleanor Terrett disclosed that U.S. Senator Ron Wyden has sent a letter to Senate leadership, urging that the Clarity Act submitted for Senate consideration retain the blockchain regulatory certainty provisions (BRCA) passed by the Senate Banking Committee. The provision seeks to codify existing federal policy into law, clarifying that non-custodial software developers will not be deemed money transmitters solely for publishing software, while preserving the authority of the DOJ and FinCEN to pursue entities that violate the law. At present, uncertainty remains over whether relevant enforcement agencies will accept the BRCA provisions and whether adjustments are needed to secure support from more Democratic senators.

CoinWorld news: According to Cointelegraph, Circle announced that the total trading volume of its stablecoin USDC has exceeded $90 trillion.

CoinWorld news: A whale has increased its short position by 798.25 MU, worth approximately $789,144.00, with the total position reaching $8,109,089.68. The average entry price ranges between $911.19 and $914.49. Currently, this short position has an unrealized P&L of -$280,628.39, a loss ratio of -16.41%. The current price is $947.27, with a liquidation price of $1,092.40. This address tends to short various assets at their peaks. It is currently the largest short seller of SK Hynix, and remains in an overall loss position, with a monthly loss of approximately $6 million.

CoinEra News: SNDK reduced its long position by 507.65 coins, which is approximately $965,500 based on the current price. The position size is $3,238,446.06, with an average price of $1,886.19. The current profit/loss is -$147,723.96 (-35.88%), and the current price is $1,803.90. The liquidation price is $1,657.43. The address is 0x4e23288cee4960f9f962195c22948e4bc7ae20c3. The swing trader’s capital size is $30 million. They often open a $25 million high-leverage semiconductor position, and simultaneously place take-profit orders or reverse position orders. The overall leverage is 0.8, earning tens of millions of dollars per month.

CoinWorld News, WuShuo reports that trading app Fomo has raised $75 million in Series B funding, with its daily trading addresses surpassing 10k for the first time, of which over 2,000 trading addresses are first-time joiners. Additionally, the recently popular Ansem meme coin is the most favored token among Fomo traders.

Short-term market: BTC target 63,000, ETH looking at 1,700 mark

After continuous consolidation and bottoming, the market has released clear stabilization signals, and this technical rebound is about to start soon.

The recent sustained decline has fully digested market panic sentiment. Mainstream coins continue to attract capital inflows at low levels, short-term oversold indicators are gradually recovering, bearish selling pressure has basically dissipated, and the balance of power between bulls and bears is experiencing a phased reversal. A round of recovery and rebound is brewing.

Bitcoin BTC

Repeated support tests at low levels have not broken effectively. The 4-hour chart shows a stabilization pattern, with sufficient buying support underneath.
The first target for this short-term rebound is directly at 63,000 USD. This level is a dense resistance zone from previous consolidation and also a short-term bull-bear divide. If volume supports a firm breakthrough, further upside space will open; if it faces resistance and pulls back, the key is to hold the current support range, and a retracement remains an opportunity to accumulate.

Ethereum ETH

In sync with BTC's bottoming process, although the trend is relatively weak, the downside space is basically sealed, and low-level chip exchange is sufficient.
The core target for the short-term rebound is set at 1,700 USD. This price level is an important trading box from the past; only after breaking through can the short-term weak pattern be reversed. Current valuation is at a low level, and the rebound flexibility is worth expecting, following BTC's rhythm for synchronized recovery.

Need to make it clear: this round is only defined as a short-term rebound, not a medium-to-long-term trend reversal. The operation should focus on quick entries and exits, without blindly going long in the long term.

When entering, strictly control positions, lay out long orders based on support, and take profits in batches when reaching target resistance levels. Don't linger, don't hold against the trend, and keep up with the rhythm of this recovery rebound!

#BTC #ETH $BTC ‌$ETH ‌

Coin World News, according to Blockworks analyst Jack Mandin, Ethereum still dominates the on-chain lending market with an absolute advantage. The total on-chain loan volume on Ethereum is approximately $13 billion, while the total on non-Ethereum chains is around $7 billion. Over the past two years, chains such as BNB, Arbitrum, Solana, Plasma, and Base have alternately taken the second position in the market, with Base currently performing the strongest. Although the total outstanding loans across the network have declined from their peaks, Ethereum has been hit more severely, with a drop of over 60%, while non-Ethereum chain lending has fallen by approximately 48%.

CryptoWorld News reports that Shiba Inu has recorded strong burning activity in the past 24 hours, with 12,760,000 SHIB tokens burned and the burn rate surging by 677.42%. This activity suggests a strong Shiba Inu network; the circulating supply has decreased by more than 12,000,000 SHIB, which may create conditions for potential future price increases. Despite the bullish signal from the burning activity, SHIB is still falling and is currently trading at approximately $0.000004720, down more than 2% over the past day. Analysts are optimistic about SHIB’s potential recovery, believing that strong network activity could help ease downward pressure.

CryptoWorld News reports, citing The Block, that The DAO will restart more than 75,000 unclaimed ETH as a long-term Ethereum Security Fund to support security research in the Ethereum ecosystem. The fund will stake the above-mentioned ETH to generate annualized returns of approximately $8 million to support security research, tool development, and emergency response, managed by seven curators including Vitalik Buterin, and will operate in coordination with the Ethereum Foundation’s Trillion Dollar Security project.

CryptoWorld News: ASML's CEO states that the United States is the clear winner in the artificial intelligence and semiconductor ecosystem.

CryptoWorld News reports that JPMorgan Chase expects that by 2027, the net equity issuance in the United States could surge to $1.2 trillion, driven mainly by AI financing demand and large initial public offerings (IPOs).