菲越

Recently, I have been relatively free in smart contract development at work, and I want to try to consistently publish K-line technical analysis and quick reports on the cryptocurrency market. I will also share more on-chain information afterwards.

#Vitalik Ideas are constantly being innovated💡 He proposed establishing an on-chain gas futures market on Ethereum, allowing users to lock in future gas prices in advance to reduce the risks associated with cost fluctuations. This way, heavy users (such as dApps and traders) can achieve more predictable costs, although implementation is still not easy. Source: cointelegraph

⛽️ However, gas has been quite cheap over the past year, for example, it is currently only 0.22gw, equivalent to 0.02 USD.

🤔 Do you think his idea can be realized?

🌟 Great! #BlackRock⁩ ⁩ submitted an application to the SEC, preparing to launch a new Ethereum staking #ETF (ETHB), which is different from the existing spot ETF (ETHA). ETHB will use part of the ETH for #staking (staking) and distribute staking rewards to holders. If this product is approved, it will make it easier for traditional investors to access yield-generating ETH. Source: Decrypt

👩🏻‍💻 In 2024, the company developed a new Staking product, built on EigenLayer and Symbiotic. Throughout this process, I increasingly feel that Staking is an amazing mechanism: it provides security for the blockchain while allowing those holding funds to earn rewards.

The launch of the Staking ETF will effectively expand institutional participation in ETH, making the yield narrative easier to understand for traditional finance, which could have profound implications for the development of Web3.

$BTC 12 December 8 market analysis - UTC 22:58, about one hour until closing time:

☕ First, here are two noteworthy pieces of news:
- On December 8th UTC afternoon, Saylor X announced a further purchase of $963 million in BTC with #Strategy , but the overall market sentiment remains relatively calm.
- #CFTC launched a pilot program allowing Bitcoin, Ethereum, and USDC to be used as collateral in the U.S. derivatives market. This move helps facilitate easier and more legitimate participation of institutions and traditional financial markets in crypto derivatives trading.

✨ $BTC is currently consolidating around the 90.9k level, with a trading volume of approximately 4.5K BTC being neutral. Although the daily chart still shows a downward structure, the MACD has formed a golden cross below the zero line, and the RSI has returned above 45, indicating that the momentum of this sharp decline is significantly weakening. On an hourly basis, prices are above EMA7/25/99 and MA200, along with a net outflow of approximately 2,289 BTC in the exchange over the past day, while the spot ETF has maintained a net inflow over the past 10 days. In the next two to three days, there is a higher probability of consolidating back and forth within the 89.7k–92.5k range.

👀 Short-term focus:

👎 The lower level to watch is 89.3k–89.7k, which is near the lower edge of the daily Bollinger Bands and also a dense area of recent daily K low points. If it breaks down with volume, it could easily trigger stop losses concentrated in the current bullish leverage positions.

👍 The upper level to watch is 92.3k–94k, corresponding to the upper Bollinger Band on the hourly chart + daily EMA25/Bollinger middle band. Only if there is a breakout with volume in this range, and the daily MACD green bars continue to expand, will the rebound have a chance to upgrade.

👉 The CFTC (U.S. Commodity Futures Trading Commission) is the official regulatory agency for futures and derivatives markets in the U.S., ensuring that the market is not manipulated and trading is compliant.

Note: The crypto market is highly volatile, and predictions are not guaranteed to be accurate. The above analysis is for reference only and does not constitute investment advice.

💥 $BTC 12 July 7: BTC liquidated both long positions chasing the highs and short positions trying to catch the top in just a few hours.

In the hours leading up to the close, BTC experienced an extreme market movement on the 1H chart: it first plummeted to around 88K, then was instantly pulled back up to 91K, sweeping through the Bollinger Bands’ upper and lower bands in a short time, almost like a roller coaster.

🔥 #爆仓数据 tells us: in the past 12 hours, long positions lost more, but shorts didn’t fare much better either. 👇👇

- Total liquidation across the network: $9828.66 million
- Long positions: $6025.80 million
- Short positions: $3802.86 million

Even Sundays are hard to rest. 🤯

Quickly summarize the repurchase and destruction operation on December 5, $ASTER 👇👇

💰Repurchase scale:

The official announcement states that the S3 repurchase totaled 155,720,656 ASTER. Of these, 50% (77,860,328) have been permanently destroyed, and the remaining 50% (77,860,328) have been transferred to a locked address.

- ✅ 77,860,328 ASTER have been sent to the on-chain zero address 0x000…dEaD for destruction.
- ✅ Another 77,860,328 ASTER have been transferred to the officially announced locked address 0xE8c3e6559513eEbAc3e05fd75c19a17F4A51A892.

📈 Short-term price impact:

On the announcement day (December 5), the price briefly surged to about $1.05 but quickly fell back, closing at around $0.985. This indicates that the positive news has been absorbed by the market, and there is no further capital to drive the price up. The next day, the price continued to drop by about 1.7%, with a significant decrease in trading volume (down about 21%), showing no signs of support from the bulls. The positive news did not lead to sustained increases, and the price is still oscillating within a weak structure, with bearish forces dominating.

📢 Community feedback:

- 👍🏼 Community attention has increased, and there is a general belief that large-scale destruction and lock-up are favorable for long-term prices.
- 👍🏼 A whale bought about 3M ASTER within 24 hours, leading to a slight warming of short-term sentiment.
- 👎🏼 The top 100 addresses hold about 85% of the tokens, with too low liquidity, significantly weakening the effect of destruction.
- 👎🏼 Previous repurchase/destruction actions did not lead to sustained increases, so this time might be the same.
- 👌🏼 The project’s execution capability and transparency are recognized, but it is not believed that “destruction” itself can lead to immediate significant price increases.

👀 Medium to long-term supply and demand structure impact:

Burning coins can add value, but what truly determines whether ASTER can experience long-term growth is whether the ecosystem continues to grow. This remains to be seen.

#AsterDEX

The reason I like web3 is that there are new technologies, new projects, and various news every day. I learn new things every day and have no time to be bored. 😎

🦄 I actually missed this news: #Strategy managed to raise 1.44 billion dollars in 8 days during the low period at #BTC , putting cash in place and addressing everyone's concerns about the market. The bear market cannot stop mature institutions from securing funds and stabilizing the market. 👍

Let's take a look at the trend of #BTC on December 6th yesterday 👇👇

In the past two days, BTC has basically been locked in a slight fluctuation around 89k, with a minor drop of -0.1% on December 6th, and the price remains below all EMAs. On the hourly chart, the 7-day and 99-day moving averages are all pressing from above, with the RSI hovering around 41-42, indicating a weak sideways movement in the 88-90k range. Combined with a slight decline in OI of -1.5% over 24 hours, a slightly positive funding rate, and a net outflow of about 2290 BTC from exchanges that day, it seems that leverage is cooling down and the spot market is slowly picking up.

👀 First, look for resistance at the hourly level 7/25 EMA and around 90k. If it cannot continue to rise, the tug-of-war between bulls and bears is likely to continue. On the downside, pay attention to the recent low points and the support band below the daily Bollinger middle band (around 88k). If it effectively breaks down, the risk of retesting the daily Bollinger lower band near 84.4k will significantly increase.

Note: The cryptocurrency market is highly volatile, and predictions are not guaranteed to be accurate. The above analysis is for reference only and does not constitute investment advice.

#BTC走势分析

✨Good news for the cryptocurrency industry in France! Cryptocurrency media Cointribune reported this morning that French banking giant BPCE has opened cryptocurrency trading (BTC/ETH/SOL/USDC) to 2 million retail investors. This is another sign of the maturity of European regulation: traditional banks are fully entering the cryptocurrency field!

🚀What impact will this have on the future?
- Further "mainstreaming" of cryptocurrency assets in Europe
- Traditional finance officially competing for user entry with the Web3 track
- Overall funding and user growth will be more stable and compliant
- Will help with the long-term adoption of the market

Consider it a Christmas gift for the cryptocurrency community 🎉

#币圈资讯

$BTC 12 December 5th Trend Analysis - Closing price is 89,358 USD 👇👇

🚀 First, some good news from 🇺🇸 regulation: #CFTC has approved new rules allowing regulated U.S. exchanges to list spot trading of cryptocurrencies like BTC and ETH. For the market, this is a step forward in compliance and mainstream adoption, benefiting depth and stability in the medium to long term. It is expected to attract more institutional funds.

☕ On December 5th, the daily closing price fell from the previous day's 92K to about 89K USD, with a daily drop of nearly 3%. The daily price has broken below the 7-day, 25-day, and 99-day moving averages, and there is still a significant distance from the 200-day moving average. The hourly chart shows short-term weakness, with price rebounds being hindered by the moving average above 90K, RSI close to 37, and MACD below the zero axis with the histogram turning negative, indicating continued bearish momentum in the short term.

👀 Short-term outlook: Overall, the rebound in the past two to three days has failed to stabilize above the 91K-92K resistance level, and the trend remains biased towards a downward fluctuation. If the 87K-88K area support holds, the target can look at 90K-91K.

Have a great weekend! ✨

#币圈新闻 #BTC走势分析

Note: The cryptocurrency market is highly volatile, and predictions are not guaranteed to be accurate. The above analysis is for reference only and does not constitute investment advice.

#TRUMP Son Eric Trump Company #AmericanBitcoin Wednesday X announced that as of December 2, the company's total holdings of #比特币 $BTC increased to 4367 pieces. This is 363 BTC more than the 4004 pieces announced on November 7! In other words, they continued to increase their holdings during the drop in November.

#币圈资讯

🧘🏻 Tomorrow, there may be fewer posts over the weekend, but I will always make time to read cryptocurrency news and media articles to provide everyone with more information. If you like it, you can follow and support🙏🏻

$BTC After being hit in the morning, it bounced a bit, but the force was not strong, and now it is hovering around 91.3k. I haven't seen any strong signals on the 15-minute level.

👀 How to view today
- If it gets hit again around 91k, it’s very likely to come down with another probing move.
- There is considerable pressure above 91k - 92k, and it basically can't get through without volume.
- Overall it is: weak rebound → sideways → waiting for direction.

📈 $LINK Surge of 13%, #Chainlink welcomes the first US stock ETF on December 2nd

👩🏻‍💻 As a smart contract developer, I have used products like oracles and automation multiple times, and I can prove that Chainlink products are really powerful! 👍 LINK's positioning is to connect blockchain with real-world data infrastructure, providing smart contracts with capabilities such as oracles, automatic execution, and cross-chain information transmission.

#Grayscale Chainlink Trust ETF (code: GLNK) has been launched on NYSE Arca. This ETF allows traditional investors to indirectly hold LINK in the US stock market through GLNK. On the day the ETF was launched, LINK rose by about 13%, clearly boosting short-term sentiment.

Recently, ETFs tracking assets like LTC, SOL, and XRP have appeared in the US, hoping for more ETFs to be launched in the future.

$BTC 12 February 4th Market Analysis - UTC 22:59, about an hour away from closing time👇👇

🤑 The price is hovering around 92,000, the daily EMA7 has been regained at around 91,122, but the EMA25 is pressing above 93,315. The MACD is still slightly rising below the zero axis, and the RSI is neutral around 47, indicating that upward momentum is still not strong enough. The funding rate, OI, and long-short ratio, combined with ETF net inflows and daily net outflows from exchanges → indicate that large funds are not fleeing, and no one is aggressively betting in a big direction; it’s a calm oscillation state.

👀 In the next one or two days, we will first look at whether the 90,000 to 91,000 range (the day’s low of 90,923 + daily EMA7 of 91,122 + lower half of the Bollinger Band at 90,138) can be maintained. If it goes upward, we will focus on whether it can break through the daily EMA25 at 93,315 and near the hourly Bollinger midline, and it would be even better if it coincides with an hourly golden cross.

🇯🇵 Finally, I want to mention Japan's trend towards crypto. It feels like Japan is now trying to bring crypto assets into the formal financial system, enabling ETFs, institutional investments, and bank custody, and even preparing to launch its own stablecoin. If all of this progresses, Japan may become one of the most competitive digital asset financial centers in Asia. What do you all think?🤔

Note: The crypto market is highly volatile, predictions are not guaranteed to be accurate. The above analysis is for reference only and does not constitute investment advice.

#Fusaka What is the upgrade all about?? Understand the main content in one minute.👇🏼👇🏼

Fusaka is the 17th major upgrade of #以太坊 , scheduled to be activated on the mainnet on December 3, 2025! This upgrade has brought significant benefits to many Ethereum users and developers. I hope $ETH also sees a rise.

I will summarize without going into technical details, along with easy-to-understand examples. This upgrade has several major changes, as follows:

1️⃣ PeerDAS uses a "sampling verification" method, allowing nodes not to store all blob data, significantly reducing hardware burden, while enabling Ethereum to support more L2 data volume (theoretically increased by about 8 times). This is a key change to improve Rollup throughput while maintaining node operability.

🌰 Example:
Previously, the teacher had to correct all 100 assignments in full (look at each one).
Now it has changed to: randomly checking a few questions from each assignment; if the checked ones are correct, the entire assignment is considered correct.
💡 The teacher (node) has a significantly reduced burden but can handle more students (Rollup data).

2️⃣ Fusaka increases the overall gas limit of the block (target 60 million), allowing the network to process more transactions at once. Meanwhile, EIP-7825 sets a maximum of 16.78 million gas for each transaction, preventing a single transaction from occupying all block resources, thereby improving throughput and DoS protection capability.

🌰 Example:
Expanding the restaurant kitchen (increasing block gas limit) allows for more dishes to be prepared simultaneously. But at the same time, it is stipulated: a table of guests can order a maximum of 10 main dishes (single transaction gas cap) to prevent one table from occupying the entire kitchen, causing other guests to be unable to be served.

3️⃣ EIP-7951 allows Ethereum to support native device signatures and Passkey (FIDO2/WebAuthn), enabling wallets to directly use the hardware security chip of a mobile phone/computer. Users can log in, recover, and perform multi-factor authentication just like using regular applications, without relying on seed phrases, significantly improving security and usability.

🌰 Example:
Previously, logging into a crypto wallet required remembering a long string of "secret spells" (mnemonic phrases), and losing it meant game over.
Now it has changed to: directly verifying with mobile fingerprint/face/system passkey like logging into Gmail or Apple ID.

If you learned a little bit, please like and follow.🙏🏻

$BTC December 3 market analysis - UTC 22:59, close time is approaching in an hour👇👇

🤑 First, let's look at the news posted by TedPillows on X: In the past 6 days, a whale has purchased BTC worth $226 million. Huge! It seems there are still big players quietly positioning themselves, which is both intriguing and somewhat reassuring.🤔

☕ Throughout the day, BTC has been fluctuating in the range of 91k to 94k, closing above 93k before the end. The RSI is around 49, slightly rebounding but still not in the strong zone, and the MACD histogram has turned green, indicating limited rebound strength. It has pulled back from the lower Bollinger band to above the middle band, which is a strong signal for a rebound, but the upper band is still pointing downwards, indicating that the overall trend has not reversed and can only be considered a strong rebound.

👀 Short-term focus: Key support is in the 90k-91k range, and if broken, it may retest the previous low. Resistance is at 94k-96k, and only a breakout with volume can open up space above. Contract positions have increased, and the long-short ratio is slightly bearish, continuing to push up may trigger a short squeeze, while a weak rebound may easily fall back again.

Note: The cryptocurrency market is highly volatile, and predictions do not guarantee accuracy. The above analysis is for reference only and does not constitute investment advice.

#BTC走势分析

As of December 3rd, looking at this 15-minute chart, $BTC feels like it's catching its breath:

A wave of sharp gains in the morning has already finished, and the price is now consolidating around 92.3k. The Bollinger Bands are starting to converge, and the short-term is entering a sideways digestion. The RSI is around 44, and the MACD is dipping below the zero line, indicating that bullish momentum is cooling down, and the buyers are struggling to keep up.

According to the latest analysis summary of #CryptoNews on #coinbase , BTC is still in a "downtrend pressure zone". Continuous net outflows from ETFs, loosening whale positions, and shrinking corporate treasuries all lower the probability of a short-term reversal. On-chain data also shows that pressure remains; if it continues to dip, it may trigger more capitulation-style sell-offs. Overall, the market seems more like it's waiting for a trend re-confirmation rather than having entered a safe rebound zone.

#BTC走势分析

The company office has hung up the white paper #比特币 👌👌 It can bring good luck 😂 Read more white papers, the technology is there, and there's nothing to fear. Has anyone done the same? #btc

December 3rd UTC 11:25 $BTC is consolidating near 93k at a high position, with the 1-hour line close to the upper Bollinger Band. EMA7/25 has already turned upwards, and short-term bulls are still in control.
But the RSI has already reached above 65, and the MACD bars are starting to shorten, indicating that momentum is cooling down. If 92k is lost, it could easily retrace to 91k.

👀 Bulls are watching: as long as the retracement does not break below 91k/EMA25, this rebound still has a chance to push up to 94k-95k. Bears are looking at the pressure wall of 92–94k, to see if it can break through.

☕ Recent news: Strategy (previously #MicroStrategy ) announced the establishment of a $1.44 billion USD reserve, intending to use traditional fiat currencies to secure debts and dividends — even while continuing to hold a heavy position in Bitcoin, are they leaving a buffer for extreme market conditions?
🤔 What do you all think?

$BTC 12 February 2 Market Analysis - UTC 22:54, close to an hour before the closing time 👇👇

The trend of $BTC 2 has given the entire market a slight breather. Yesterday, it touched around 86k, and today it directly formed a large bullish candle, pushing the price back to around 92k for a short-term oversold rebound. The bears still hold a leverage advantage, but the net outflow from exchanges indicates that there may be some buyers slowly accumulating in the market, though the strength still needs to be observed.

👀 Short-term Focus Points:
👉 First look at the area around 86k below. Watch the 92-94k range above, and only if there is a volume breakout is there a chance to continue challenging upwards.
👉 The daily net outflow from exchanges is about -3,800 BTC, indicating that the spot market sell-off has not continued to amplify, which is a positive factor for the rebound, but it is not yet strong enough to ignore the macro environment and overall downward structure.

☕ Cointelegraph just released news on X: Texas is the first to include Bitcoin in its state fund, having purchased 5 million dollars of #IBIT ETF through the SB21 plan.

Note: The cryptocurrency market is highly volatile, and predictions do not guarantee accuracy. The above analysis is for reference only and does not constitute investment advice.

💰💰According to media Cryptoast's report on X, a wallet that had been asleep for 15 years suddenly woke up and transferred 50 BTC obtained from mining back then, which corresponds to $BTC B. At that time, 50 BTC was only worth about 0.25 dollars, but now it has turned into over 4 million dollars, increasing by more than 17 million times! The article also wonders: will there be more and more old addresses 'dug up' in the future?🤔 The image is taken from bitinfocharts.