Many beginner friends still feel a bit confused about the different types of cryptocurrencies. Today, let's briefly talk about the mainstream digital assets in the crypto world. First, we have Bitcoin, the veteran pioneer of the blockchain world and the most well-known cryptocurrency today. Many people compare it to digital gold, mainly because of its scarcity and store-of-value function. When it comes to the most representative types of cryptocurrencies, BTC definitely ranks high. Next is Ethereum, which is quite impressive. It's not just a currency but an ecosystem capable of running smart contracts. Applications like DApps, DeFi, and NFTs are built on Ethereum, so ETH's utility is actually more diverse than BTC. Stablecoins are also very important, with USDT being a prime example. It’s pegged to the US dollar, with 1 USDT roughly equal to 1 USD. Its role is to act as a bridge between fiat currency and cryptocurrencies. Using stablecoins during trading helps avoid volatility risks, and this has become a common practice for many. Besides these, there are many other cryptocurrencies worth paying attention to. Litecoin, Yuzu Coin, and native tokens of various public chains like SOL and BSC are all notable. Each has its own features and application scenarios. Understanding the basics of these different types of cryptocurrencies is actually quite necessary, especially if you want to participate in this market long-term. Different asset types have different characteristics, and understanding them helps you make more rational judgments.

Just caught something interesting from Arthur Hayes that's worth paying attention to. He's been making some observations about how geopolitical tensions in the Middle East, particularly around Iran, could potentially force the Fed's hand on monetary policy. The logic here is pretty straightforward—if military activities escalate, the costs pile up, and historically that's pushed central banks toward looser money policies to fund operations. What Arthur Hayes is essentially laying out is a scenario where we might see either rate cuts or expanded money supply coming down the line. And if that plays out, well, you know what typically benefits from that kind of environment. Bitcoin has historically responded well when the Fed shifts toward accommodation, so the connection isn't hard to see. But here's where Arthur Hayes is being cautious—he's not saying go all-in right now. His take is to wait for actual confirmation that Fed policy is shifting before you make serious moves. That's honestly solid advice. We've seen too many times where market participants front-run expectations only to get whipsawed. Right now BTC is trading around 67.38K, and while there's definitely macro tailwinds potentially building, the Arthur Hayes perspective is basically saying don't chase until you see the Fed actually signal a change. The geopolitical situation remains fluid, so it's one of those things worth monitoring closely but not overcommitting to yet.

I have just summarized the main trading hours for different regions. If you often trade, you should take a look. What time is the Asian session? Around 7 a.m. to 4 p.m. (GMT+7) is the Asian session, when the Asian market starts to become active with increased trading volume. Next is the European session from about 1 p.m. to 10 p.m. (GMT+7), when trading volume begins to rise significantly. The American session runs from 8 p.m. to 5 a.m. the next day (GMT+7), which is the period with the highest volatility, especially when investors from the US and Canada participate. The best times are when the sessions overlap. For example, from 7 p.m. to 10 p.m. is when both the European and American sessions are active, causing trading volume to spike. Or from 8 a.m. to 12 p.m., when the Asian and European sessions overlap, which also sees quite a bit of movement. If you want to trade crypto, you should pay attention to these time frames, especially the overlapping periods. BTC, BNB, ETH, and other coins tend to have the best volatility during these times. Understanding the trading schedule will help you catch better opportunities.