GateUser-c4904c9c

BlackRock is also experiencing outflows.
$1.41 billion in one month.
ETF buying momentum is weakening.
Market pressure is not over yet.
Latest news shows that BlackRock's BTC ETF had a net outflow of $1.41 billion this month.
This number is significant.
Because BlackRock has always been one of the most trusted institutional buyers in the market.
Many people believe that if BTC drops, it’s okay; ETFs will buy in, Wall Street will buy, BlackRock will support the floor.
But now the situation has changed.
It’s not a slight cooling, but a $1.41 billion outflow in one month.
In o

It looks a bit interesting now, with spot volume expanding while funding rates are trending downward. This phenomenon is not very common.
At least it’s a positive signal; spot trading volume has clearly increased, and funding rates are continuously falling, and the contracts are also starting to cool down.
Looking at it together, it can be summarized in one sentence: this wave of upward movement has begun to involve genuine buying interest, rather than contract funding being self-congratulatory.
In the recent market, I think the most awkward part was the overheated contracts, high fundin

Can you still trust this yellow-haired guy?
After he finishes talking, he immediately dives into the water!

The recent market correction may really be more than just an emotional issue.
From May 28 to June 5, the U.S. Treasury Department will be issuing bonds intensively, roughly $150 billion in liquidity will be drained from the market.
Simply put:
Money flows from the market into the Treasury's accounts, and liquidity in the banking system will decrease, making risk assets naturally more vulnerable.
BTC has actually started to react,
Falling from previous highs, once key support levels are broken, short-term sentiment clearly weakens.
The timing is also quite concentrated:
Short-term

Previously, the first reaction to the event was:
"How many times can this increase?"
Now, the first reaction has become:
"Anyway, I need to trade, can I just grab the rewards while I'm at it?"
Gate's CandyDrop x ZEST is pretty good
Trade $ZEST + invite friends to split 1.3 million ZEST.
New users who meet the conditions with their first spot trade can also get a fixed 100 ZEST.
Higher trading volume, more friends, and the rewards can keep stacking.
Basically, it’s like:
Since you’re buying coins anyway, making trades anyway,
just grab more rewards while you're at it—better

To be honest, I still favor BTC continuing to go up now.
I just saw a pretty important piece of news, the Iranian president has already started mentioning the "framework agreement."
Such words being released actually indicate one thing:
The situation is unlikely to move in the worst direction.
The market's biggest fear right now is the complete loss of control over the war.
As long as talks begin, sentiment will gradually ease.
Another key point is that data from CME shows the probability of no rate hike in June is already 97.3%.
Basically, the market is defaulting to a pause on

What the heck!!!
With this Bitcoin setup, it’s just a matter of letting Trump and Iran not change their minds again!!!
Pull back to the daily MA62—moving cleanly all the way.
As long as the yellow-haired guy doesn’t suddenly turn on them, and Iran doesn’t change its stance on the fly, this correction is basically declared over.
Ethereum is also stuck around 2100, while Bitcoin is firmly standing above the weekly 77,000.
Everything looks so perfect—doesn’t it?
But the problem is:
Can you believe these people who draw the candlestick charts?
Lately the news flow has been so dense it’s ridiculous

If you really want to start a bullish trend
Then in fact, when Tiger Securities was hit,
It was an opportunity for the crypto circle
If there is a surge, it can naturally attract some liquidity
But the market makers also see through it
U.S. stocks at high levels could rebound at any time
Once they pull back, the crypto market will only fall more sharply
The World Cup opening in half a month
Will further siphon liquidity from the global financial markets
Market makers won't do things like lifting a sedan chair, which is a waste of effort
So everyone will soon see Bitcoin bel

BTC firmly bullish!
This morning, Trump personally announced that the US-Iran agreement is "basically reached," the Strait of Hormuz is about to open, and the geopolitical haze that lasted for months has finally dissipated. In the same week, El Salvador unwaveringly increased its Bitcoin holdings by 8 coins, and the country's dollar-cost averaging continues. This level of major power diplomatic thaw combined with sovereign countries' real gold and silver signals the strongest bottom signal, and the last trump card of the bears has been played out. I directly increased my position to a $700k lo

Trump-nominated Kevin Warsh officially takes office as Federal Reserve Chair!
Warsh is the Fed Chair with the most in-depth understanding of cryptocurrencies to date. His previous views include "Bitcoin could become the new gold for people under 40" and that Bitcoin is a "good policy overseer."
Warsh has also criticized the Fed for talking too much and is extremely dissatisfied with the past excessive expansion of the Fed's balance sheet.
Wall Street generally estimates that even if he compromises on interest rates under Trump’s pressure, he would lean toward accelerating quantitative ti

Brothers, SpaceX has officially entered the crypto space this time.
Recently disclosed listing documents publicly confirmed that they hold Bitcoin, which is actually quite unexpected.
In the past, many large companies might have touched on crypto assets, but rarely publicly stated it.
Now even companies like SpaceX are starting to openly hold positions, and market sentiment has immediately improved.
Including DOGE, which has also clearly gained attention in the past two days, after all, everyone understands Elon Musk's influence.
I think a very obvious trend now is that more and more

$HYPE After breaking the historical new high, the next should be $ZEC , the dog coin has been pushed to this level, and there are still many people shorting. Breaking through the historical new high and liquidating all the short positions is the most reasonable move.

Wall Street folks, they say "risk assets" every day with their mouths, but their actions are very honest.
This time even Morgan Stanley has started paving the way for Solana, with the spot ETF revision document already submitted, and the code has been finalized in advance: MSOL.
To put it simply, it's no longer just the crypto circle shouting "Solana ecosystem is bullish," but traditional finance is also seriously studying how to legally and compliantly move money in.
Many still see SOL as a high-beta clone, but if the ETF gets approved later, the significance might be more than just pri

Looking back now, Brother Sun and CZ are actually completely different paths.
Brother Sun leans towards macro:
Chips, energy, storage, the logic is broad, and it’s indeed forward-looking. SanDisk’s recent surge can also be considered as something he predicted.
But the problem is—
These are more like narratives from the US stock market, and may not directly translate to the crypto world.
So for tokens like FIL, AR that are “theoretically benefiting,” the market doesn’t really recognize them.
On the other hand, CZ’s previous approach:
Stablecoin payments + privacy compliance + RWA

Brothers, I just realized... Gate's approach is pretty interesting. Right now, everyone is competing over the speed of coin issuance, meme popularity, and new user subsidies, all fighting for traffic. It seems like Gate has switched tracks.
AI has upgraded to V3, over 400 traditional financial assets are now available, tokenized stocks, institutional business has skyrocketed by 2000% in a month, and they even launched a payment card. They've been regularly burning GT, secretly destroying 187 million tokens, reducing the supply by over 60%. At least this approach is quite straightforward and