MOODENG Morning Report day228, the adjacent gold soared by more than 2% in a single day, Sister MOODENG was drooling, the virtual gold at home only hardened for 3 seconds, although there were long wick candles up and down, unfortunately, the wicks were not long enough, which did not lead to large liquidations. Brothers, remember to lower the high leverage!
$BTC MicroStrategy didn't buy last week, but the Trump family did! Bitcoin held steady at 88k, but the previous range of 89500-90500 still represents the first resistance zone above. Unless there is a significant breakout, it will be difficult to reverse. Another piece of news is that Russia's computing power has reached 16% of the global total. It can be said that Bitcoin has played a significant role in helping Russia cope with sanctions from Europe and the United States, stabilizing the ruble exchange rate. Bitcoin will definitely be adopted by more countries.
$ETH belongs to a strong performer, but some DAT companies are struggling, such as the ETH treasury stock ETHZilla announcing the sale of 24,200 ETH to pay off debts. More companies may follow suit, but as prices decline, there might also be more companies buying in. Who knows?
SOL adds founders Yakovenko/Gokal as defendants, and if convicted, it may lead to a governance crisis for the project. The lawsuit has escalated from "FUD" to a substantial threat, and the legal risks have become tangible. It can be said that it is a case of misfortune coming in waves. The trend of BNB is unclear, and there's not much to look forward to.
💠AI trading cryptocurrency day44 @SurfAI 🔸Today's AI strategy suggests going long on Ethereum, shorting Bitcoin and SOL on the rebound, and not taking positions on BNB as the odds are not favorable. 🔸Provided a short recommendation for Bitcoin rebound. 🔸Short liquidation pressure: Above $3,000-$3,057, there is a cumulative $666M short liquidation risk, and a breakthrough of $3,000 could easily trigger a chain squeeze. 🔸On-chain continuous accumulation: 30-day reserves decreased by 5%, making it the strongest among the four major currencies. 🔸Only slightly assist in verifying transactions, not investment advice, don't follow!
💠24h Chain News Selection 1️⃣Strategy did not increase its Bitcoin holdings last week; 2️⃣Spot gold has first reached the 4400 USD mark; Trump Media, under Trump, increased its holdings by 450 bitcoins; Last week, BitMine increased its holdings by 98,852 ETH, surpassing a total of 4 million ETH in holdings. 5️⃣ Russia's summer computing power accounts for over 16% of the global total, and mining activities may strengthen the ruble exchange rate. 6️⃣ETH treasury stock ETHZilla announced the sale of 24,200 ETH to pay off debts and will transform to focus on RWA tokenization business; 7️⃣Kalshi has partnered with BNB Chain to support deposits of BNB and stablecoins via BSC for participating in prediction trading;
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MOODENG Morning Report day228, the adjacent gold soared by more than 2% in a single day, Sister MOODENG was drooling, the virtual gold at home only hardened for 3 seconds, although there were long wick candles up and down, unfortunately, the wicks were not long enough, which did not lead to large liquidations. Brothers, remember to lower the high leverage!
$BTC MicroStrategy didn't buy last week, but the Trump family did! Bitcoin held steady at 88k, but the previous range of 89500-90500 still represents the first resistance zone above. Unless there is a significant breakout, it will be difficult to reverse.
Another piece of news is that Russia's computing power has reached 16% of the global total. It can be said that Bitcoin has played a significant role in helping Russia cope with sanctions from Europe and the United States, stabilizing the ruble exchange rate. Bitcoin will definitely be adopted by more countries.
$ETH belongs to a strong performer, but some DAT companies are struggling, such as the ETH treasury stock ETHZilla announcing the sale of 24,200 ETH to pay off debts. More companies may follow suit, but as prices decline, there might also be more companies buying in. Who knows?
SOL adds founders Yakovenko/Gokal as defendants, and if convicted, it may lead to a governance crisis for the project. The lawsuit has escalated from "FUD" to a substantial threat, and the legal risks have become tangible. It can be said that it is a case of misfortune coming in waves.
The trend of BNB is unclear, and there's not much to look forward to.
💠AI trading cryptocurrency day44 @SurfAI
🔸Today's AI strategy suggests going long on Ethereum, shorting Bitcoin and SOL on the rebound, and not taking positions on BNB as the odds are not favorable.
🔸Provided a short recommendation for Bitcoin rebound.
🔸Short liquidation pressure: Above $3,000-$3,057, there is a cumulative $666M short liquidation risk, and a breakthrough of $3,000 could easily trigger a chain squeeze.
🔸On-chain continuous accumulation: 30-day reserves decreased by 5%, making it the strongest among the four major currencies.
🔸Only slightly assist in verifying transactions, not investment advice, don't follow!
💠24h Chain News Selection
1️⃣Strategy did not increase its Bitcoin holdings last week;
2️⃣Spot gold has first reached the 4400 USD mark;
Trump Media, under Trump, increased its holdings by 450 bitcoins;
Last week, BitMine increased its holdings by 98,852 ETH, surpassing a total of 4 million ETH in holdings.
5️⃣ Russia's summer computing power accounts for over 16% of the global total, and mining activities may strengthen the ruble exchange rate.
6️⃣ETH treasury stock ETHZilla announced the sale of 24,200 ETH to pay off debts and will transform to focus on RWA tokenization business;
7️⃣Kalshi has partnered with BNB Chain to support deposits of BNB and stablecoins via BSC for participating in prediction trading;
Believe in the power of belief #BTC200K2025