U.S. stocks continue to open lower, currently following a slight correction along with the market. This correction does not break below key support levels, so the overall bullish trend remains intact. The focus should remain on monitoring for any breakdowns. Currently, the key support for Bitcoin remains near the previous highs and lows around 80,500. If the price further declines and breaks below this level, there is a risk of a trend reversal. A defensive stance can be maintained around the 80,000 mark. Regarding Ethereum, compared to Bitcoin, it shows weaker movement, and on the trading pair exchange rate chart, there is still a risk of weakening. In the short term, Ethereum has room for further adjustment. The support structure to watch is near the top of the downward trendline, around 2,300. Currently, Bitcoin is relatively stronger and may lead Ethereum to experience a short-term rebound. In terms of trading strategy, it’s advisable to follow the trend and remain bullish. For Bitcoin, consider going long around 80,500-80,800, and if it breaks above 81,600, expect the trend to continue. For Ethereum, consider going long around 2,310-2,320, with targets at 2,350-2,380. #比特币波动 $BTC $ETH

I just saw a set of on-chain data monitoring figures. The DeFi United project currently has 14 ecosystem participants involved, with a total of 69,642 ETH raised, equivalent to $161 million. This scale is indeed not small. Among them, Aave contributed 25,000 ETH to cover the bad debt shortfall, and the entire shortfall is 75,081 ETH. It seems that Aave has taken on a significant amount of responsibility in this incident, spearheading the establishment of this plan to receive support funds. This kind of coordinated risk management approach is still relatively uncommon in DeFi. I wonder whether they can ultimately successfully cover all the shortfalls. What do you think?

Tether just minted $1 Billion USDT on Tron Past 3 Weeks : • Minted $6 Billion USDT across Ethereum & Tron • Burned $2 Billion USDT on Ethereum Stablecoin supply expanding fast. 📈