Just saw a set of hair-raising data—the amount of Ethereum held on exchanges has dropped to its lowest level since 2015.
This isn’t just a simple fluctuation in numbers. The ETH that can flow directly into the market is being withdrawn at an accelerated pace, and the driving force behind this is clearly not retail investors. Whales and institutions are moving coins out of exchanges on a large scale—either locking them into staking protocols or storing them in cold wallets for long-term holding. The tradable supply is disappearing at a speed visible to the naked eye.
On the other hand, there’s

#美SEC促进加密资产创新监管框架 getting straight to the point: $MERL both the current technicals and fundamentals are flashing danger signals.
First, let's talk about on-chain anomalies. Today, we detected a shocking move—a certain whale address transferred 16 million $MERL to an exchange in a single transaction. In market terms, this kind of deposit usually has only one interpretation: preparing for large-scale selling.
Next, let's look at the candlesticks. The 0.5U level has failed three tests, and each rebound has been accompanied by obvious selling pressure. Technically, this is called a "false breako

Ethereum’s recent price action is actually quite clear. Last night’s downward wick was definitely scary—the drop was a bit steep, but it was quickly pulled back. Behind this, you can see that whale capital is continuously entering and increasing positions, and the strength of the rebound is obviously stronger than expected.
From a technical perspective, the hourly chart has already successfully broken upward, and now it’s testing the key 4-hour EMA level. If there’s enough volume to hold and break through here, the target price of 3250 should be reached soon. For short-term trading, pay close

#ETH走势分析 Sometimes I wonder, what would have happened if I hadn’t gotten into this space? After these past few years, I could have saved at least 500,000 if I’m being conservative. But honestly, with my personality, if I didn’t fall into this trap, I’d probably fall into another one. The crypto market is like a magnifying glass, exposing human greed and fear for what they truly are. When will I finally break out of this cycle? When can I go back to those steady days of saving money step by step? $BTC

#ETH走势分析 $COMMON This recent trend—those who know, know.
In the current environment where ETH is fluctuating overall, being able to maintain such an independent movement shows that the project’s fundamentals are solid. From a technical perspective, the support level is holding strong. If ETH can break through the key resistance level in the short term, $COMMON could have even more potential.
Continuing to monitor.

#数字货币市场洞察 token unlocking and unlimited issuance—these two terms have appeared frequently in the market recently. On the surface, they seem like normal economic model designs, but the underlying implications are worth a closer look.
Let’s start with unlocking. In many projects’ token allocations, VCs and early participants acquire tokens at extremely low costs. What happens after the unlock period ends? A large number of tokens flood the market. If you’re still hoping for the price to keep rising at this point, you might be disappointed—those low-cost holders are looking for exit opportunitie

#比特币对比代币化黄金 $COMMON This rally is amazing!
I’ve been watching the market closely, and it definitely didn’t disappoint.
Sometimes, making money really is this easy and effortless~

The performance of the A-shares today was quite interesting—a gap-up at the open followed by a rapid pullback, with the opening gap being filled immediately. The gap at 3927 points above remains a hurdle, but judging from the flow of funds, it’s only a matter of time before it’s broken through.
**Why didn’t the weekend’s positive news lead to a big rally?**
First, we have to admit that there is indeed pressure at the 3927-point level, and the main players don’t want to force a breakout. More importantly, funds are deliberately controlling the pace—when the market falls, there’s support; when i

#美联储重启降息步伐 Did you catch the gains from last night’s $ETH price action?
Honestly, both bulls and bears got whipsawed by this volatility. The market was like a rollercoaster—shooting from 2950 to 3180, a 600-point move in just a few hours, then bouncing up and down again.
A lot of people opened positions around 2950 and took profits near 3180, capturing this short-term opportunity. But quite a few also got shaken out by the wild swings—such is the cost of a highly volatile market.
Ethereum’s recent moves have been pretty wild, and it feels like a big move could happen at any time. With the Fed

The commotion caused by the delisting of #美联储重启降息步伐 $SKATE has honestly made the meme coin market livelier than it’s been in a long time. Ever since that last Alpaca rally, most delisted coins have completely cooled off. But this time is different—$SKATE setting a historic record for coming in dead last might actually become the catalyst for hype. The market loves these kinds of plot twists. When $BTC is ranging, capital needs an outlet, and topic coins like $pippin and $SKATE are very likely to become short-term focal points.

#数字货币市场洞察 I checked the market early this morning, and $BTC this move directly broke through 91,500, the bulls are indeed strong.
This isn't one of those fake-out pumps. Judging by the volume and price action, real funds are being put in. The moving averages are clearly in a bullish alignment, the trendline is well defended, the central axis keeps moving up, and the base is getting more solid. Active buying keeps coming in, and it's obvious that market sentiment is bullish.
With this kind of structure, there could be more upside ahead. At this level, the logic for following the trend and goin

A large sum of money just executed a textbook-level operation on Hyperliquid.
A mysterious address first transferred in 70 million USDC, then within just a few hours, swept up 54,000 ETH at an average price of $3,048—totaling a position as high as $166 million. This long move was extremely decisive, and it's already showing an unrealized profit of $910,000.
Such large-scale one-sided bets are rare in the market and may indicate that big money has a strong short-term bullish outlook on ETH. Is this an early bet on some upcoming catalyst, or simply a technical judgment? It's worth keeping an eye

#美SEC促进加密资产创新监管框架 Industry Watch: CZ recently publicly advised national decision-makers to pay attention to the Bitcoin allocation window, arguing that hesitating now may result in facing an unattainable price threshold in the future.
Here's an interesting market data point—if BTC breaks the $100,000 mark, shorts could face nearly $1 billion in liquidation pressure. Meanwhile, a major bear who has long held a bearish stance is now taking a high-leverage counter-position, with unrealized profits already exceeding $20 million. However, his liquidation price is set just above $100,000, maximizin

From last night to this morning, BTC experienced a textbook-level indecisive movement. The price plunged from 94 straight down to 88, then rebounded to 91, only to quickly drop back to 89 this morning—a classic inverted V structure.
Now there are two completely opposite scenarios in front of us:
If we consider the move from 94 to 88 as a consolidation adjustment, then last night's rally should have been the starting point of a new upward push. But here's the problem: this rally only lasted for two small waves before fizzling out and turning downward. The momentum was clearly off.
On the other