Arthur Hayes: Bitcoin will reach $1 million by 2028, US Treasury Department says global liquidity critical

Click on the link to enter the live stream: https://meeting.tencent.com/p/9850662513 (Note: Tencent Meeting APP needs to be downloaded) Good evening everyone, I am your Da Bin teacher! There is a lot of information today, but the concentration is still quite high. The most important thing is the Federal Reserve's interest rate meeting. As expected, there has been no adjustment to the May interest rate. Powell's speech focused on dissatisfaction with tariffs, believing that according to the currently announced tariff policy, it will bring about an increase in inflation, economic decline, and unemployment rate. This should be a more hawkish statement today, but rather a consistent response to the questions of interest rate cuts and balance sheet cuts, without any preconceived expectations, relying more on data, believing that all adverse effects come from tariffs. So the focus should still be on the dot matrix for June. Powell's speech once caused the market to decline, but then Trump's deregulation of Biden A's blockade plan really stimulated the risk market. The market's response to China's negotiations was good, but it should be noted that although Biden's blockade was lifted, the restrictions on China's chip A remained unchanged, so this information has not changed for China. Returning to the data of Bitcoin, today's price fluctuations are quite frequent, with an increase in long and short bets, indicating an increase in turnover rate, especially among short-term profit investors who have a large number of turnover. However, the current price of BTC is still relatively stable, and there is a high probability of maintaining volatility without further positive and negative information. If the US stock market can continue to rise, the probability of BTC following the rise of the US stock market will be very high. However, the rise of the US stock market at this stage cannot escape the push of events, such as NVIDIA today, which is purely driven by events. From the supporting data, the price range of $93000 to $98000 is still very strong, and there is no sign of early investors participating in turnover. The stability of the price is still quite strong. Yesterday, Ethereum underwent a Potala upgrade, which mainly includes: 1. The use of EIP-7702 transforms a regular wallet into a smart contract wallet and implements account abstraction 2. Double the number of blob in each block to enhance scalability 3. Reduce L2 costs, but at the same time, it will also decrease the revenue of the Ethereum mainnet and the amount of ETH destroyed 4. Raise the staking limit from 32ETH to 2048 to improve staking efficiency This is a big positive news from a long-term technical perspective, but there is still significant short-term pressure on ETH Operation suggestion: BTC 99500 Short First Target Looking at 98500 Second Target Looking at 97000 ETH 1900 is short. The first target is 1830. The second target is 1800 Join the language community communication group to obtain more services 1. Real time troubleshooting (online one-on-one question answering and sorting) 2. Professional technical analysis and theoretical learning 3. Construction and improvement of trading system 4. Live streaming courses every day, contract termination, real-time order making, to help you successfully land! Every day, there are teachers in the group who provide precise positioning to answer questions and offer free guidance. Tencent Meeting Live: 985-066-2513 DingTalk Group Number: 105935015698 Every day, there are teachers in the group who provide precise positioning to answer questions and offer free guidance. Disclaimer: The above content only represents the author's personal opinion and is for communication and sharing purposes only. It does not represent AICoin's position or viewpoint and does not constitute any investment advice. Based on this investment, there may be external contacts, which have nothing to do with AICoin, and the consequences shall be borne by oneself.

At the opening of the US stock market, the Dow Jones Industrial Average rose 200 points, the Nasdaq rose 190 points, and the S&P 500 index rose 0.64%.

According to CoinDesk, a report from blockchain security company Solidus Labs reveals rampant fraud on the Solana blockchain, with Pump.fun platform being the hardest hit. The report shows that 98.6% of the tokens issued on the platform are classified as "rug pull" or "pull sell" scams. Since the establishment of Pump.fun platform in January 2024, over 7 million tokens have been issued, but only 97000 have maintained liquidity of at least $1000. Pump.fun has become a breeding ground for fraudsters due to its low-cost coin issuance feature. There have been multiple major "rug pull" incidents this year, with MToken related cases involving a total amount of 1.9 million US dollars. On the decentralized exchange Raydium, the phenomenon of "soft rug pull" is widespread, with 93% of liquidity pools exhibiting slow withdrawal characteristics and a median loss of $2800 per transaction. The Meme coin field is also plagued by chaos, with TRUMP and MELANIA tokens promoted by the Trump couple plummeting 87% -97%, while insider traders have profited over $100 million.

JUST IN: Standard Chartered Bank analyst apologizes for 120,000 Bitcoin price prediction, says target 'may be too low.'

Click on the link to enter the live stream: https://meeting.tencent.com/p/9309732027 (Note: Tencent Meeting APP needs to be downloaded) BTC: Pay attention to the pressure level of 101000 above the small level, and 97000 and 95000 below the short level. Starting from this week, there will be continuous changes in trading until mid May, with long and short positions competing. Short term trading is the best strategy, pay attention to ups and downs, and there are many opportunities in the short term. ETH: Minor resistance level of 1950, breaking up to 2030, short-term attention below 1850, breaking down to around 1650. Gann's change day is on May 17th, and the 12th is also a change week, so short-term operations are advisable. Tencent Meeting Number: 9309732027 Join the Fuxi Community Exchange Group to receive more services: 1. Use the tactics of "Chu Han War" (ultra short term strategy) and "Chou Ji Tai Lai" (wave band strategy) to capture signals, find direction, support, and pressure levels. 2. Use tactics such as "Gann's Angle of Power", "Fei's Wave Number Example", and "MACD" to deduce the future direction. 3. Real time decryption of skills such as risk control, position management, and position weighting. Disclaimer: The above content only represents the author's personal opinion and is for communication and sharing purposes only. It does not represent the position or viewpoint of AiCoin and does not constitute any investment advice. Based on this investment, there may be external contacts, which have nothing to do with AiCoin, and the consequences shall be borne by oneself.