Tongrun
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Tongrun
Joining the Movement & Ecosystem Building.
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Is 2026 really the year of the cycle reversal?? "Zhou Jintao, are you finally going off the rails this time?"
—— He can't respond anymore, but his theories are still being debated, revised, and applied.
Zhou Jintao (1972–2016), chief economist at CITIC Securities, became well-known for his views that "wealth accumulation in life relies on Kondratiev waves" and "Kondratiev cycles determine fate." He was heavily influenced by the Kondratiev long wave theory and believed that:
The global economy experiences a major cycle (Kondratiev wave) every 50–60 years, encompassing four stages: prosperity, recession, depression, and recovery.
Personal wealth accumulation is highly dependent on the current Kondratiev stage: for instance, the real estate boom in China during the 1990s, the internet boom in the 2000s, and the mobile internet boom in the 2010s were all benefits of a rising Kondratiev phase.
He predicted back in 2016: "2019 will be a year of no return," and "2020 will be the turning point from Kondratiev recession to depression," believing that "2049 will be China's worst year."
Will 2026 mark the "start of the cycle reversal"? What’s the basis?
This claim is a projection made by later generations based on his theoretical framework, not his original words.
According to Zhou Jintao’s classification of Kondratiev waves:
A complete Kondratiev cycle lasts about 60 years. If we take 1982 (the start of China's reform and opening-up, the budding of global information technology) as the starting point of the last Kondratiev wave, then this current wave should end around 2040.
He deduced that:
2015–2025 will be the "recession period,"
2025–2035 will be the "depression period,"
and after 2035 we enter the "recovery period."
Therefore: 2026 is viewed by some researchers as the deepening of the "depression period" or the "eve before hitting the bottom," rather than the "beginning of a reversal." The real "reversal" (recovery period) might not happen until after 2035.
But we should all remember:
Don’t blindly believe that "cycles determine fate."
Wealth in life depends more on cognition, action, and risk control.
Opportunities always belong to those who are prepared, not to those who wait for cycles.
Kondratiev theory can serve as a "macro background reference," but it should not be the "sole basis for investment decisions."
—— He can't respond anymore, but his theories are still being debated, revised, and applied.
Zhou Jintao (1972–2016), chief economist at CITIC Securities, became well-known for his views that "wealth accumulation in life relies on Kondratiev waves" and "Kondratiev cycles determine fate." He was heavily influenced by the Kondratiev long wave theory and believed that:
The global economy experiences a major cycle (Kondratiev wave) every 50–60 years, encompassing four stages: prosperity, recession, depression, and recovery.
Personal wealth accumulation is highly dependent on the current Kondratiev stage: for instance, the real estate boom in China during the 1990s, the internet boom in the 2000s, and the mobile internet boom in the 2010s were all benefits of a rising Kondratiev phase.
He predicted back in 2016: "2019 will be a year of no return," and "2020 will be the turning point from Kondratiev recession to depression," believing that "2049 will be China's worst year."
Will 2026 mark the "start of the cycle reversal"? What’s the basis?
This claim is a projection made by later generations based on his theoretical framework, not his original words.
According to Zhou Jintao’s classification of Kondratiev waves:
A complete Kondratiev cycle lasts about 60 years. If we take 1982 (the start of China's reform and opening-up, the budding of global information technology) as the starting point of the last Kondratiev wave, then this current wave should end around 2040.
He deduced that:
2015–2025 will be the "recession period,"
2025–2035 will be the "depression period,"
and after 2035 we enter the "recovery period."
Therefore: 2026 is viewed by some researchers as the deepening of the "depression period" or the "eve before hitting the bottom," rather than the "beginning of a reversal." The real "reversal" (recovery period) might not happen until after 2035.
But we should all remember:
Don’t blindly believe that "cycles determine fate."
Wealth in life depends more on cognition, action, and risk control.
Opportunities always belong to those who are prepared, not to those who wait for cycles.
Kondratiev theory can serve as a "macro background reference," but it should not be the "sole basis for investment decisions."
FIL's competitive advantage does not come from technology or features that others lack, but from its role as a benchmark in the decentralized storage sector, directly addressing the most core underlying need of the AI era—an explosion of data—and possessing the long-term disruptive potential to challenge the traditional storage industry.
$SPCXB $NVDAB #FIL/USDT #FIL🔥🔥
$SPCXB $NVDAB #FIL/USDT #FIL🔥🔥
Tongrun
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Filecoin - Its core lies in its first-mover advantage in market positioning and track selection
FIL's competitive advantages in decentralized network storage lie primarily in its first-mover edge in market positioning and track selection, rather than in differentiated functions compared with other similar crypto projects. Specifically:
Seize a key track: a benchmark project in decentralized distributed storage
Filecoin's core positioning is to build the underlying infrastructure for global decentralized data storage.
As data becomes the core asset of the digital era, it is a representative project in this sector.
Deeply linked to data demands in the AI era
Its biggest competitive advantage is that it rides the wave of the era when AI technology is fully deployed.
Seize a key track: a benchmark project in decentralized distributed storage
Filecoin's core positioning is to build the underlying infrastructure for global decentralized data storage.
As data becomes the core asset of the digital era, it is a representative project in this sector.
Deeply linked to data demands in the AI era
Its biggest competitive advantage is that it rides the wave of the era when AI technology is fully deployed.
When addressing the power-supply challenges of “AI + computing power,” besides the well-trodden path of “upgrading the power grid,” architectural innovation (such as Filecoin’s source-deployment) to “adapt to the power grid,” and even “transcend the physical limits of the power grid,” is becoming a new path worth paying attention to.
$NVDAB #FIL🔥🔥 🔥🔥$FIL
$NVDAB #FIL🔥🔥 🔥🔥$FIL
Tongrun
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A split picture: Will U.S. data centers consume 9% of the nation’s electricity generation, yet the average age of the power infrastructure exceeds 40 years? “Filecoin deployment at the source”
1. “By 2030, U.S. data centers will consume 9% of the nation’s electricity generation”?
This data has been mentioned by multiple authoritative institutions, but the actual range is broader and there are also regional extreme cases.
Mainstream forecasts
In a report released in February 2026, the Electric Power Research Institute (EPRI) stated that by 2030, data centers’ electricity consumption will account for 9% to 17% of the United States’ total electricity generation, more than doubling compared with the current figure (4%-5%).
In its 2025 outlook, Bain & Company also believes the figure will reach 9%. In May 2026, Goldman Sachs provided a relatively conservative estimate of “consuming more than 3% of electricity.”
This data has been mentioned by multiple authoritative institutions, but the actual range is broader and there are also regional extreme cases.
Mainstream forecasts
In a report released in February 2026, the Electric Power Research Institute (EPRI) stated that by 2030, data centers’ electricity consumption will account for 9% to 17% of the United States’ total electricity generation, more than doubling compared with the current figure (4%-5%).
In its 2025 outlook, Bain & Company also believes the figure will reach 9%. In May 2026, Goldman Sachs provided a relatively conservative estimate of “consuming more than 3% of electricity.”
X-Agent joins Interlace, Conflux, and other ecosystem partners to build AI agent payment infrastructure, defining the “Value Transfer Layer”
On June 17, Zero-Code AI Agent Constructing and Distribution Infrastructure X-Agent, together with ecosystem partners including Interlace, Cobo, BlockSec, Stable, Conflux, Bitget Wallet, Hetu, and others, jointly launched the whitepaper “The Value Transfer Layer of the AI Economy: From Concept to Implementation.”
With X-Agent, users can build, deploy, and distribute self-executing AI agents without writing a single line of code—turning a one-sentence goal into a verifiable, controllable autonomous workflow.
Through this co-creation, X-Agent aims to fill a key gap in the AI economy: ensuring that every payment and value transfer made by an agent is trustworthy, traceable, and governable. All parties believe this requires cross-domain collaboration, rather than being achievable independently by a single protocol or product.
The whitepaper is expected to be released in the next 1–2 months, and will focus on topics such as AI agent payment permissions, compliance and risk control, and cross-chain interoperability.
#Conflux树图区块链升级后吞吐量将提升至15000TPS #CFX是不是已经准备好了？ $NVDAB $TSLAB $MUB
On June 17, Zero-Code AI Agent Constructing and Distribution Infrastructure X-Agent, together with ecosystem partners including Interlace, Cobo, BlockSec, Stable, Conflux, Bitget Wallet, Hetu, and others, jointly launched the whitepaper “The Value Transfer Layer of the AI Economy: From Concept to Implementation.”
With X-Agent, users can build, deploy, and distribute self-executing AI agents without writing a single line of code—turning a one-sentence goal into a verifiable, controllable autonomous workflow.
Through this co-creation, X-Agent aims to fill a key gap in the AI economy: ensuring that every payment and value transfer made by an agent is trustworthy, traceable, and governable. All parties believe this requires cross-domain collaboration, rather than being achievable independently by a single protocol or product.
The whitepaper is expected to be released in the next 1–2 months, and will focus on topics such as AI agent payment permissions, compliance and risk control, and cross-chain interoperability.
#Conflux树图区块链升级后吞吐量将提升至15000TPS #CFX是不是已经准备好了？ $NVDAB $TSLAB $MUB
By 2026, the Conflux graph has grown into a global blockchain network spanning over 60 countries across five continents, with more than 25 million on-chain accounts, over 178 million cumulative transactions, and more than 20,000 deployed smart contracts. It is a fair and accessible Web3 infrastructure that connects developers at home and abroad and helps bring real-world applications to life.
#SK海力士拟赴美发行ADR #美光科技盘后涨10% #cfx #Conflux树图区块链升级后吞吐量将提升至15000TPS #Conflux Ecosystem
#SK海力士拟赴美发行ADR #美光科技盘后涨10% #cfx #Conflux树图区块链升级后吞吐量将提升至15000TPS #Conflux Ecosystem
Tongrun
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The core technology and breakthroughs of Conflux Tree-Graph; in practice, it mainly comes down to these aspects
The core technological breakthroughs of Conflux’s Tree-Graph mainly manifest in the following aspects:
1. Tree-Graph structural innovation
Conflux’s biggest technological breakthrough is the creative proposal of a Tree-Graph structure, breaking the conventional blockchain mindset that “blocks must always be chained in a single line.”
Traditional blockchains can only grow linearly, whereas each Conflux block contains two types of pointers:
Parent edge
Points to the parent block; each block has only one parent, forming a tree structure
Reference edges
Points to other historical blocks, expressing the precedence relationship among blocks
1. Tree-Graph structural innovation
Conflux’s biggest technological breakthrough is the creative proposal of a Tree-Graph structure, breaking the conventional blockchain mindset that “blocks must always be chained in a single line.”
Traditional blockchains can only grow linearly, whereas each Conflux block contains two types of pointers:
Parent edge
Points to the parent block; each block has only one parent, forming a tree structure
Reference edges
Points to other historical blocks, expressing the precedence relationship among blocks
PayFi payment + BSIM card, is it useful?!
Tongrun
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Conflux PayFi payments + BSIM card ecosystem
Many people ask:
Web3 has been around for so long—besides trading coins, what can truly change ordinary people’s lives?
Today, in plain language, let’s look at what real Web3 adoption looks like—Conflux’s PayFi + BSIM card ecosystem! #CFX #PayFi 🧵 👇
1.
Traditional payments (Web2) are secure but slow, with high cross-border fees. Ordinary crypto wallets (Web3) have a high barrier to entry and people are afraid of losing their mnemonic phrase.
The BSIM card, developed by Conflux together with a telecom giant, directly puts a “hardware wallet” into your phone’s SIM card!
The keys are stored in a secure chip—security levels are directly comparable to a bank’s USB token (U盾)—but the experience feels as smooth as tapping a transit card.
2.
With the BSIM card’s hardcore access, PayFi (payment finance) becomes the true killing feature.
It’s not about using cryptocurrency to buy coffee. Instead, it leverages Tree-Graph’s high TPS and extremely low gas fees to seamlessly connect 【on-chain liquidity】 with 【real-world payments】. Whether it’s converting funds for cross-border e-commerce or everyday spending, you confirm with a single click at the phone hardware level and the funds arrive in seconds.
3.
Why Conflux?
The key lies in its unique “Tree-Graph” parallel processing architecture: it preserves the absolute security of Layer 1 while achieving throughput comparable to Web2.
With cross-border digital finance initiatives across the Greater Bay Area and along the “Belt and Road” this year, this combination of “hardcore hardware + payment finance” is an absolute frontrunner.
The future of Web3 isn’t in the air—it’s in tangible, practical applications.
If you want to experience the cutting-edge PayFi payment ecosystem, or if you run into any issues while using the Fluent wallet, feel free to leave a comment or message me anytime.
About Conflux:
Conflux is a high-performance, permissionless Layer 1 public blockchain platform founded in 2018.
For more details about the project, you can access 👉: https://www.confluxnetwork.org/zh
Formal statement:
The materials come from official media / online news and are provided for reference only. The content is for learning and communication purposes. Readers must strictly comply with local laws and regulations. This article does not constitute any investment advice.
#MemeCoreM代币数小时内暴跌80% #SK海力士拟赴美发行ADR #CFX $SPCXB
Many people ask:
Web3 has been around for so long—besides trading coins, what can truly change ordinary people’s lives?
Today, in plain language, let’s look at what real Web3 adoption looks like—Conflux’s PayFi + BSIM card ecosystem! #CFX #PayFi 🧵 👇
1.
Traditional payments (Web2) are secure but slow, with high cross-border fees. Ordinary crypto wallets (Web3) have a high barrier to entry and people are afraid of losing their mnemonic phrase.
The BSIM card, developed by Conflux together with a telecom giant, directly puts a “hardware wallet” into your phone’s SIM card!
The keys are stored in a secure chip—security levels are directly comparable to a bank’s USB token (U盾)—but the experience feels as smooth as tapping a transit card.
2.
With the BSIM card’s hardcore access, PayFi (payment finance) becomes the true killing feature.
It’s not about using cryptocurrency to buy coffee. Instead, it leverages Tree-Graph’s high TPS and extremely low gas fees to seamlessly connect 【on-chain liquidity】 with 【real-world payments】. Whether it’s converting funds for cross-border e-commerce or everyday spending, you confirm with a single click at the phone hardware level and the funds arrive in seconds.
3.
Why Conflux?
The key lies in its unique “Tree-Graph” parallel processing architecture: it preserves the absolute security of Layer 1 while achieving throughput comparable to Web2.
With cross-border digital finance initiatives across the Greater Bay Area and along the “Belt and Road” this year, this combination of “hardcore hardware + payment finance” is an absolute frontrunner.
The future of Web3 isn’t in the air—it’s in tangible, practical applications.
If you want to experience the cutting-edge PayFi payment ecosystem, or if you run into any issues while using the Fluent wallet, feel free to leave a comment or message me anytime.
About Conflux:
Conflux is a high-performance, permissionless Layer 1 public blockchain platform founded in 2018.
For more details about the project, you can access 👉: https://www.confluxnetwork.org/zh
Formal statement:
The materials come from official media / online news and are provided for reference only. The content is for learning and communication purposes. Readers must strictly comply with local laws and regulations. This article does not constitute any investment advice.
#MemeCoreM代币数小时内暴跌80% #SK海力士拟赴美发行ADR #CFX $SPCXB
Conflux PayFi payments + BSIM card ecosystem
Many people ask:
Web3 has been around for so long—besides trading coins, what can truly change ordinary people’s lives?
Today, in plain language, let’s look at what real Web3 adoption looks like—Conflux’s PayFi + BSIM card ecosystem! #CFX #PayFi 🧵 👇
1.
Traditional payments (Web2) are secure but slow, with high cross-border fees. Ordinary crypto wallets (Web3) have a high barrier to entry and people are afraid of losing their mnemonic phrase.
The BSIM card, developed by Conflux together with a telecom giant, directly puts a “hardware wallet” into your phone’s SIM card!
The keys are stored in a secure chip—security levels are directly comparable to a bank’s USB token (U盾)—but the experience feels as smooth as tapping a transit card.
2.
With the BSIM card’s hardcore access, PayFi (payment finance) becomes the true killing feature.
It’s not about using cryptocurrency to buy coffee. Instead, it leverages Tree-Graph’s high TPS and extremely low gas fees to seamlessly connect 【on-chain liquidity】 with 【real-world payments】. Whether it’s converting funds for cross-border e-commerce or everyday spending, you confirm with a single click at the phone hardware level and the funds arrive in seconds.
3.
Why Conflux?
The key lies in its unique “Tree-Graph” parallel processing architecture: it preserves the absolute security of Layer 1 while achieving throughput comparable to Web2.
With cross-border digital finance initiatives across the Greater Bay Area and along the “Belt and Road” this year, this combination of “hardcore hardware + payment finance” is an absolute frontrunner.
The future of Web3 isn’t in the air—it’s in tangible, practical applications.
If you want to experience the cutting-edge PayFi payment ecosystem, or if you run into any issues while using the Fluent wallet, feel free to leave a comment or message me anytime.
About Conflux:
Conflux is a high-performance, permissionless Layer 1 public blockchain platform founded in 2018.
For more details about the project, you can access 👉: https://www.confluxnetwork.org/zh
Formal statement:
The materials come from official media / online news and are provided for reference only. The content is for learning and communication purposes. Readers must strictly comply with local laws and regulations. This article does not constitute any investment advice.
#MemeCoreM代币数小时内暴跌80% #SK海力士拟赴美发行ADR #CFX $SPCXB
Many people ask:
Web3 has been around for so long—besides trading coins, what can truly change ordinary people’s lives?
Today, in plain language, let’s look at what real Web3 adoption looks like—Conflux’s PayFi + BSIM card ecosystem! #CFX #PayFi 🧵 👇
1.
Traditional payments (Web2) are secure but slow, with high cross-border fees. Ordinary crypto wallets (Web3) have a high barrier to entry and people are afraid of losing their mnemonic phrase.
The BSIM card, developed by Conflux together with a telecom giant, directly puts a “hardware wallet” into your phone’s SIM card!
The keys are stored in a secure chip—security levels are directly comparable to a bank’s USB token (U盾)—but the experience feels as smooth as tapping a transit card.
2.
With the BSIM card’s hardcore access, PayFi (payment finance) becomes the true killing feature.
It’s not about using cryptocurrency to buy coffee. Instead, it leverages Tree-Graph’s high TPS and extremely low gas fees to seamlessly connect 【on-chain liquidity】 with 【real-world payments】. Whether it’s converting funds for cross-border e-commerce or everyday spending, you confirm with a single click at the phone hardware level and the funds arrive in seconds.
3.
Why Conflux?
The key lies in its unique “Tree-Graph” parallel processing architecture: it preserves the absolute security of Layer 1 while achieving throughput comparable to Web2.
With cross-border digital finance initiatives across the Greater Bay Area and along the “Belt and Road” this year, this combination of “hardcore hardware + payment finance” is an absolute frontrunner.
The future of Web3 isn’t in the air—it’s in tangible, practical applications.
If you want to experience the cutting-edge PayFi payment ecosystem, or if you run into any issues while using the Fluent wallet, feel free to leave a comment or message me anytime.
About Conflux:
Conflux is a high-performance, permissionless Layer 1 public blockchain platform founded in 2018.
For more details about the project, you can access 👉: https://www.confluxnetwork.org/zh
Formal statement:
The materials come from official media / online news and are provided for reference only. The content is for learning and communication purposes. Readers must strictly comply with local laws and regulations. This article does not constitute any investment advice.
#MemeCoreM代币数小时内暴跌80% #SK海力士拟赴美发行ADR #CFX $SPCXB
The technical essence of Conflux can be summarized as:
Though the forms may be dispersed, the spirit remains unified— the organizational structure of the blockchain is no longer a single chain. Different nodes in the system can concurrently produce blocks, making full use of network resources. Meanwhile, after blocks are fully ordered using the GHAST algorithm, their logical order is no different from that of a conventional blockchain, so it does not affect transaction execution.
This innovation significantly improves the performance of the blockchain system while maintaining security and decentralization, enabling it to truly support large-scale commercial applications.
#SK海力士拟赴美发行ADR #CFX $MUB
Though the forms may be dispersed, the spirit remains unified— the organizational structure of the blockchain is no longer a single chain. Different nodes in the system can concurrently produce blocks, making full use of network resources. Meanwhile, after blocks are fully ordered using the GHAST algorithm, their logical order is no different from that of a conventional blockchain, so it does not affect transaction execution.
This innovation significantly improves the performance of the blockchain system while maintaining security and decentralization, enabling it to truly support large-scale commercial applications.
#SK海力士拟赴美发行ADR #CFX $MUB
Tongrun
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Technical Principles Behind the Conflux Tree-Graph Structure
Conflux's (Tree-Graph) core technological breakthrough lies in its innovative Tree-Graph ledger structure and the GHAST consensus algorithm.
Here’s a detailed breakdown of its technical principles: ⬇️⬇️
1. Core issue: Performance bottleneck of traditional blockchains
Traditional blockchains (like Bitcoin and Ethereum) use a chain structure where blocks must form a single chain. This design has two fundamental issues:
Resource wastage: When a fork occurs in the network, the system can only choose one fork, and the remaining fork blocks (known as 'orphan blocks') are completely discarded. These discarded blocks neither contribute to the system's security nor enhance throughput.
Here’s a detailed breakdown of its technical principles: ⬇️⬇️
1. Core issue: Performance bottleneck of traditional blockchains
Traditional blockchains (like Bitcoin and Ethereum) use a chain structure where blocks must form a single chain. This design has two fundamental issues:
Resource wastage: When a fork occurs in the network, the system can only choose one fork, and the remaining fork blocks (known as 'orphan blocks') are completely discarded. These discarded blocks neither contribute to the system's security nor enhance throughput.
The biggest policy uncertainty is fading, but compliance costs and tech implementation will become the new dividing line.
The next 12-18 months will be a critical window to watch which projects can truly convert regulatory tailwinds into actual products and liquidity.
The next 12-18 months will be a critical window to watch which projects can truly convert regulatory tailwinds into actual products and liquidity.
Tongrun
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SEC Proposes Repeal of 20-Year Core Rules, Biggest Barrier to Tokenized U.S. Stocks is Disappearing!
One of the most significant regulatory news dropping on June 12, 2026. The U.S. Securities and Exchange Commission (SEC) has officially proposed the repeal of two core rules in the National Market System Regulations (Reg NMS) — Rule 611 (Order Execution Rule) and Rule 610(e) (Locking/Crossing Market Restrictions).
This is seen as the greatest structural barrier to trading tokenized U.S. stocks in the DeFi space being systematically dismantled.
1. Why are these two rules the 'biggest roadblocks'?
To grasp the significance of this shift, we first need to understand how these two rules have hindered the growth of tokenized stocks:
This is seen as the greatest structural barrier to trading tokenized U.S. stocks in the DeFi space being systematically dismantled.
1. Why are these two rules the 'biggest roadblocks'?
To grasp the significance of this shift, we first need to understand how these two rules have hindered the growth of tokenized stocks:
The selling pressure on altcoins has hit an extreme level not seen in five years, and the valuation models for this asset class are being systematically re-evaluated.
#金价跌逾1.7%银价跌逾2% #比特币连跌4日STRC跌破面值 #莱特币节点未升级双花漏洞补丁
#金价跌逾1.7%银价跌逾2% #比特币连跌4日STRC跌破面值 #莱特币节点未升级双花漏洞补丁
Tongrun
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On June 17, according to CryptoQuant analyst IT Tech data, the selling pressure on altcoins in spot CEX has reached extreme levels not seen in five years, with the spot market witnessing net selling for 15 consecutive months.
Excluding BTC and ETH, the cumulative trading volume difference for altcoins has dropped to its deepest negative value since data began in 2020; this metric was close to neutral in early 2025, but has since sharply turned negative and continued to decline.
The selling pressure on altcoins has hit a five-year extreme, with 15 months of net selling and cumulative trading volume difference plunging to the deepest negative since 2020, which is not isolated data.
Since 2025, the market has clearly shown a pattern of "BTC shining alone, altcoins under pressure," with institutional capital continuously pouring into BTC through regulated channels like BTC spot ETFs, while retail interest and spot trading volume that traditionally drive the altcoin market remain weak.
CryptoQuant also pointed out in March that the spot trading volume for altcoins has significantly declined; low trading volume is often seen as a potential opportunity signal, but the current depth and persistence of the selling pressure have exceeded regular consolidation ranges.
Notably, this metric was close to neutral in early 2025 before sharply turning negative.
This brief attempt at a recovery and subsequent failure may indicate that a fundamental shift in market structure has occurred—institutionally led capital is now more concentrated in BTC and a few core assets, while the altcoin market, lacking incremental funds and narrative support, is seeing its liquidity continuously drained.
This is not just a cyclical rotation of funds; it may also signify that altcoins, as an overall asset class, are undergoing a systemic reevaluation of their valuation models and market status.
Disclaimer:
The material is sourced from official media/web news, organized based on public data, and is for reference only. The content is for learning and exchange purposes, and does not constitute any investment advice. Readers are urged to strictly comply with local laws and regulations; this article does not represent any investment advice.
All information provided is for reference only. We do not guarantee the accuracy, effectiveness, timeliness, or completeness of the information. Any actions taken based on the information provided here are at the user's own risk.
#比特币连跌4日STRC跌破面值 #金价跌逾1.7%银价跌逾2% #FIL/USDT
Excluding BTC and ETH, the cumulative trading volume difference for altcoins has dropped to its deepest negative value since data began in 2020; this metric was close to neutral in early 2025, but has since sharply turned negative and continued to decline.
The selling pressure on altcoins has hit a five-year extreme, with 15 months of net selling and cumulative trading volume difference plunging to the deepest negative since 2020, which is not isolated data.
Since 2025, the market has clearly shown a pattern of "BTC shining alone, altcoins under pressure," with institutional capital continuously pouring into BTC through regulated channels like BTC spot ETFs, while retail interest and spot trading volume that traditionally drive the altcoin market remain weak.
CryptoQuant also pointed out in March that the spot trading volume for altcoins has significantly declined; low trading volume is often seen as a potential opportunity signal, but the current depth and persistence of the selling pressure have exceeded regular consolidation ranges.
Notably, this metric was close to neutral in early 2025 before sharply turning negative.
This brief attempt at a recovery and subsequent failure may indicate that a fundamental shift in market structure has occurred—institutionally led capital is now more concentrated in BTC and a few core assets, while the altcoin market, lacking incremental funds and narrative support, is seeing its liquidity continuously drained.
This is not just a cyclical rotation of funds; it may also signify that altcoins, as an overall asset class, are undergoing a systemic reevaluation of their valuation models and market status.
Disclaimer:
The material is sourced from official media/web news, organized based on public data, and is for reference only. The content is for learning and exchange purposes, and does not constitute any investment advice. Readers are urged to strictly comply with local laws and regulations; this article does not represent any investment advice.
All information provided is for reference only. We do not guarantee the accuracy, effectiveness, timeliness, or completeness of the information. Any actions taken based on the information provided here are at the user's own risk.
#比特币连跌4日STRC跌破面值 #金价跌逾1.7%银价跌逾2% #FIL/USDT
On June 17, according to CryptoQuant analyst IT Tech data, the selling pressure on altcoins in spot CEX has reached extreme levels not seen in five years, with the spot market witnessing net selling for 15 consecutive months.
Excluding BTC and ETH, the cumulative trading volume difference for altcoins has dropped to its deepest negative value since data began in 2020; this metric was close to neutral in early 2025, but has since sharply turned negative and continued to decline.
The selling pressure on altcoins has hit a five-year extreme, with 15 months of net selling and cumulative trading volume difference plunging to the deepest negative since 2020, which is not isolated data.
Since 2025, the market has clearly shown a pattern of "BTC shining alone, altcoins under pressure," with institutional capital continuously pouring into BTC through regulated channels like BTC spot ETFs, while retail interest and spot trading volume that traditionally drive the altcoin market remain weak.
CryptoQuant also pointed out in March that the spot trading volume for altcoins has significantly declined; low trading volume is often seen as a potential opportunity signal, but the current depth and persistence of the selling pressure have exceeded regular consolidation ranges.
Notably, this metric was close to neutral in early 2025 before sharply turning negative.
This brief attempt at a recovery and subsequent failure may indicate that a fundamental shift in market structure has occurred—institutionally led capital is now more concentrated in BTC and a few core assets, while the altcoin market, lacking incremental funds and narrative support, is seeing its liquidity continuously drained.
This is not just a cyclical rotation of funds; it may also signify that altcoins, as an overall asset class, are undergoing a systemic reevaluation of their valuation models and market status.
Disclaimer:
The material is sourced from official media/web news, organized based on public data, and is for reference only. The content is for learning and exchange purposes, and does not constitute any investment advice. Readers are urged to strictly comply with local laws and regulations; this article does not represent any investment advice.
All information provided is for reference only. We do not guarantee the accuracy, effectiveness, timeliness, or completeness of the information. Any actions taken based on the information provided here are at the user's own risk.
#比特币连跌4日STRC跌破面值 #金价跌逾1.7%银价跌逾2% #FIL/USDT
Excluding BTC and ETH, the cumulative trading volume difference for altcoins has dropped to its deepest negative value since data began in 2020; this metric was close to neutral in early 2025, but has since sharply turned negative and continued to decline.
The selling pressure on altcoins has hit a five-year extreme, with 15 months of net selling and cumulative trading volume difference plunging to the deepest negative since 2020, which is not isolated data.
Since 2025, the market has clearly shown a pattern of "BTC shining alone, altcoins under pressure," with institutional capital continuously pouring into BTC through regulated channels like BTC spot ETFs, while retail interest and spot trading volume that traditionally drive the altcoin market remain weak.
CryptoQuant also pointed out in March that the spot trading volume for altcoins has significantly declined; low trading volume is often seen as a potential opportunity signal, but the current depth and persistence of the selling pressure have exceeded regular consolidation ranges.
Notably, this metric was close to neutral in early 2025 before sharply turning negative.
This brief attempt at a recovery and subsequent failure may indicate that a fundamental shift in market structure has occurred—institutionally led capital is now more concentrated in BTC and a few core assets, while the altcoin market, lacking incremental funds and narrative support, is seeing its liquidity continuously drained.
This is not just a cyclical rotation of funds; it may also signify that altcoins, as an overall asset class, are undergoing a systemic reevaluation of their valuation models and market status.
Disclaimer:
The material is sourced from official media/web news, organized based on public data, and is for reference only. The content is for learning and exchange purposes, and does not constitute any investment advice. Readers are urged to strictly comply with local laws and regulations; this article does not represent any investment advice.
All information provided is for reference only. We do not guarantee the accuracy, effectiveness, timeliness, or completeness of the information. Any actions taken based on the information provided here are at the user's own risk.
#比特币连跌4日STRC跌破面值 #金价跌逾1.7%银价跌逾2% #FIL/USDT
For those who take it seriously, the opportunities are still massive.
Tongrun
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Web3 - It's not just about get-rich-quick stories; that's history. The real story is just starting!
The Web3 world has long left behind the days of 'easy money' and 'get rich quick' schemes, moving into a new phase that's more rational, pragmatic, and focused on value creation.
The 'get rich stories' you see are now history, while the real story is just beginning!
1. The tide is turning on the get-rich-quick myth: from 'easy money' to 'professional marathon'.
The profit-making logic of Web3 has undergone a fundamental restructuring.
The days where early participation in public chain ecosystems, flipping NFT projects, and liquidity mining would often yield 100x returns are gone for good.
The 'get rich stories' you see are now history, while the real story is just beginning!
1. The tide is turning on the get-rich-quick myth: from 'easy money' to 'professional marathon'.
The profit-making logic of Web3 has undergone a fundamental restructuring.
The days where early participation in public chain ecosystems, flipping NFT projects, and liquidity mining would often yield 100x returns are gone for good.
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