BKEXFutures

BKEXFutures

According to the plan, LDO has reached the position of 2.4 to reduce positions. Conservative investors can continue to reduce their positions for each subsequent 10% rise. At 2.7 or above, all positions will be reduced. Aggressive investors can appropriately retain positions to play the new high market. Other altcoins that have not yet performed can wait...

BKEXFutures

Mainstream coins continued to trade sideways yesterday as altcoins bottomed out. ETH pledges continued to rise at an accelerating rate. Since the Shanghai upgrade, there has been a net inflow of over 100,000 coins. With Memecoins continuing to heat up, the rise in gas fees has also seen a significant increase in pledge earnings. Favorable for ETH and the pledging...

BKEXFutures

CPI was slightly lower than expected last night. But based on the previous solid economic data, it has been a good positive. The market also pulled up directly, but there was a wave of decline in the early morning along with a dive in U.S. stocks, which was then largely recovered. The overall trend is still oscillating, but there has been a shift in the division...

BKEXFutures

Mainstream tokens continued to trade sideways yesterday as altcoins bottomed out. ETH pledges continued to rise at an accelerating rate. Since the Shanghai upgrade, there has been a net inflow of over 100,000 tokens. With Memecoins continuing to heat up, the rise in gas fees has also seen a significant surge in pledge earnings. Favorable for ETH and the pledging...

BKEXFutures

During the holiday period, the market generally remained on a shaking trend. The 25 basis point rate hike had long been priced into the market and did not bring about a trend selection. Powell then revealed several messages in his speech. Firstly, this rate hike is mainly sure to be the last. Secondly, the market had begun to expect a 100 basis point rate cut by...

BKEXFutures

The market saw a more rapid decline yesterday. The current position is unlikely to be at the top of the current round. BTC over 28,600 would have reached the minimum criteria for a third-wave completion. Continuing the third wave or opening fourth-wave correction is possible. If it is a continuation of the third-wave, the subsequent decline should not be too...

BKEXFutures

The market was still largely shaky yesterday. The ETH pledge rate started to pick up. The chain is also seeing accelerated growth in continuous operations for pledged vouchers. The market is still up, and the current position is unlikely to be the highest of the year. This hedging behavior will create a lot of liquidity in the short term and drive the market...

BKEXFutures

Yesterday's market maintained a high level of oscillation. The main point of concern this month can already be shifted from economic data to the change in ETH pledge rate, ETH unpledged withdrawals have now declined after a significant increase on the 15th, and 16th. From the withdrawal data, profit withdrawals account for the vast majority of withdrawals, and...

BKEXFutures

The overall high level of the market oscillated over the weekend. OKB was up due to the IEO of SUI, Binance Labs participated in SUI's Series B funding, but SUI did not choose to do an IEO on Binance, instead choosing OKX, Bybit, and Kucoin. BNB has subsequently risen as well. It may be that the market expected or leaked out - Binance will make some counterattack...

BKEXFutures

With the Shanghai upgrade landing, the ETH pledge rate has accelerated as expected. The market's judgment is still only the first wave of the bull market. And it has already entered the second half of the wave that needs to be liquidated. Because they have been staying strong, mainstream coins can bag 2-3% positions for every 10% increase as planned. For example,...

BKEXFutures

BTC continued to surge in the early morning hours, and the realization market may have opened up. However, BTC is still leading the market, suggesting that the market is counting on a macro-leaning theme of events rather than Shanghai escalation. It may be Hong Kong's openness to the crypto market that has opened the market to the possibility of crypto returning...

BKEXFutures

The market continued to shake over the weekend as volatility continued to converge. It is getting closer to a choice of direction. This week, there is a high probability of volatility, driven by CPI data and the Shanghai upgrade event. As for the direction, the probability of an upward move remains high. The event-driven positive component is mostly positive. Any...

BKEXFutures

The market is now entering a relatively complex phase. Regarding the narrative within the crypto industry, the stage of the ETH Shanghai upgrade landing and the subsequent acceleration of the pledge rate is a real positive. There is still room to look forward to the aftermath. There is a necessary foundation to grasp this year for a bull market wave. The market...

BKEXFutures

Last night's ADP employment data came in sharply below expectations. This gave the odds of no Fed rate hike in May the upper hand again. It is a positive. But the Nasdaq fell last night, which is not a good sign for long positions. This is because the focus of the market game has temporarily shifted from interest rates to recession. -- Stopping interest rate hikes...

BKEXFutures

The market was relatively stable over the weekend. The ARB team's actions caused their tokens to crash and somewhat shocked the market. The incident stemmed from the first community governance (AIP-1) vote on a proposal to transfer 750 million ARBs from the Arbitrum Foundation after the ARB token offering. However, users discovered that the Foundation had already...

BKEXFutures

Yesterday Powell mentioned in a private meeting with US lawmakers that he expects to raise interest rates again this year. As we have analyzed this before, it makes little difference whether the interest rate pole is 5% or 5.25%. Whether the rate hike stops in May or June and whether the second half of the year or next year starts with a rate cut. Apart from the...

BKEXFutures

The market rallied yesterday, with the vast majority recovering from the decline caused by Binance' negative trend. The market is still stable, and worrying too much is unnecessary. Unemployment data and PCE data follow this week. Although the impact of the economic data has been reduced against the backdrop of the banking crisis, it may still bring short-term...

BKEXFutures

This morning, the Federal Reserve raised interest rates by 0.25%. In a subsequent speech, Powell mentioned that he would not consider lowering interest rates this year and continued to maintain the 2% inflation target and other hawkish remarks. But he also released positive signals. For example, it no longer mentions continued rate hikes are appropriate for this...