BearMarketMonk

Recently, I've noticed that Bitcoin's trading volume has significantly declined, and this kind of situation usually doesn't bode well historically. A shrinking trading volume often indicates decreased market participation and a strong sense of caution among investors. From a USD valuation perspective, this signal is still worth being cautious about. A sharp drop in trading volume could suggest upcoming volatility or that the market is brewing its next move. At this point, it's important to observe on-chain data and market trends more closely to see how Bitcoin's price will move.

I just came across a pretty interesting piece of news. During a House Armed Services Committee hearing, Vice Admiral Paparo, commander of U.S. Indo-Pacific Command, publicly confirmed that the U.S. military is running a real-time node on the Bitcoin network. This is the first time a current combat commander has openly acknowledged this.
It’s worth noting that their purpose for running the node isn’t to participate in Bitcoin mining. Paparo explicitly stated that the node is mainly used for monitoring activity and conducting operational tests, with the goal of leveraging the Bitcoin protocol to

Recently, I’ve been looking at Bitcoin’s holdings distribution and noticed an interesting phenomenon. Small retail investors are entering the market aggressively, but large holders are actually reducing their positions. This divergence makes the market appear particularly fragile.
According to on-chain data, the number of small wallets holding less than 0.1 BTC has hit a new high this year, rising to the highest point since mid-2024. These small investors are providing significant buying pressure, fueling short-term momentum. But here’s the problem—those who typically control the market (whale

The recent market fluctuations are indeed quite noticeable. U.S. stocks continue to decline, macro risks are intensifying, and in this environment, we are seeing gold prices soar, which is a typical sign of risk aversion taking hold. Interestingly, many people initially expected Bitcoin to rebound along with the market, but in reality, the rebound plan was canceled, indicating that the crypto market's reaction to macro risks is still somewhat lagging.
From an asset allocation perspective, when traditional financial markets come under pressure, gold has always performed steadily as a safe-haven

Bitcoin has just dropped again, falling from $79,399 yesterday back to $76,923, a decline of about 2.4%. I looked at other coins too—Ethereum, Solana, and Ripple all slipped as well, with drops of around 3%. The interesting thing behind this downturn is that there are notable disagreements over what’s happening; analysts interpret this market move completely differently.
One camp says that retail investors and institutions have truly returned, and spot demand is heating up—meaning there may still be upside potential. The other camp believes it’s mainly shorts being squeezed, and that price has

Just saw CoinDesk's editorial policy statement, claiming they are an award-winning crypto media outlet, with reporters adhering to strict editorial policies and so on. But then I looked below and saw they are affiliated with a digital asset investment firm, and employees including reporters might receive equity incentives. That’s a bit interesting.
Basically, the media itself is also investing in digital asset companies, and their reporters might have financial interests. It’s not that this can’t be done, but transparency really needs to be clear. It reminds me of Satoshi Nakamoto’s original d

When it comes to the name Sun Yuchen, probably no one in the crypto circle doesn't know it. This guy's story is truly legendary, from a top student at Peking University to the founder of TRON, and then embroiled in various controversies—it's like a rollercoaster drama.
Sun Yuchen was born in 1990 in Xining. After graduating from Peking University, he further studied at the University of Pennsylvania, firmly establishing himself as a top student. In 2014, he founded TRON as the chief representative of Ripple Greater China, and with tags like "Peking University top student" and "Post-90s entrepr

Recently, I saw someone ask about the important Shanghai upgrade of Ethereum, so I’ll give a quick overview for everyone, which can also help your crypto friends understand it better.
Speaking of the Ethereum Shanghai upgrade, it’s quite interesting. At that time, Ethereum shifted from its mining-based PoW mechanism to proof of stake (PoS), allowing users to lock in 32 ETH to participate in validation and earn rewards. But the problem was, the locked funds couldn’t be withdrawn for a while, which annoyed many people. The Shanghai upgrade was designed to solve this pain point by implementing a

Recently, I saw many people in the community asking what APY is, and I realized that many beginners are still a bit confused about this concept. In fact, understanding APY and APR can have a pretty significant impact on how much you can earn through DeFi and staking.
Let’s talk about APR first. This is the annual interest rate. A simple way to think about it is: without considering compounding, how much interest you can earn in one year. For example, if you invest 1,000 yuan into a certain project and the annual interest rate is 10%, then in one year you’ll earn 100 yuan—just like that. The is

Recently, many beginners have felt unfamiliar with contract trading. In fact, this concept is not as complicated as it seems. Simply put, contract trading is a two-way trading method that allows both bullish and bearish operations, meaning you can go long or short, and you can close your position at any time. This flexibility is definitely more versatile than spot trading.
Just use an intuitive example to understand. Suppose apples are currently selling for five dollars each; buying them directly is spot trading. But if I don’t have stock today, we can agree that you pay a deposit of one dolla

Recently, I've been messing around with virtual numbers again. Honestly, the SMS receiving platforms are really convenient, saving the trouble of buying new SIM cards each time. But there are plenty of pitfalls—some platforms can't receive verification codes at all, others are ridiculously slow. After messing around for a while, I finally found a few reliable ones.
Basically, verification code receiving platforms are services that rent virtual phone numbers from around the world. After registering, you select a country code, enter it into the website you want to verify, and the verification co

Recently, I've noticed many beginners wanting to enter the crypto space, so I’ve organized some of my insights from years of trading cryptocurrencies, hoping to help everyone.
Trading cryptocurrencies is essentially a process of continuously accumulating experience through learning and practice. First, you need to understand what cryptocurrencies are. Mainstream coins like Bitcoin (BTC) and Ethereum (ETH) are based on blockchain technology, featuring decentralization. Compared to traditional financial assets, they are more volatile, offering both opportunities and risks. Coins can be roughly d

Just saw Trump’s recent financial disclosures—this guy was trading like crazy in March: 175 transactions in a month, almost all of them buys, with only 11 sales.
What’s most interesting is that these trades mainly focused on bonds, and he also bought a lot of bonds from well-known companies—Nvidia, General Motors, Netflix, Boeing, and other major firms. Many of the individual bond purchases were in the millions of dollars, which looks like he was systematically allocating assets. He also picked up some bank stocks along the way—Bank of America and Wells Fargo, for example—but the scale was rel

Recently, while browsing social media, I noticed more and more people using NFT profile pictures, which made me start to think about what exactly a pfp is and why so many people are passionate about it.
Simply put, pfp is short for Profile Picture, but here, pfp is not an ordinary avatar; it is a blockchain-based NFT avatar. Unlike traditional profile pictures, each NFT pfp is a unique digital asset, with the owner having full proof of ownership. This rarity and authenticity verification make them both a way to showcase identity and an investment asset.
Looking back at history, the emergence o

Recently, I’ve been paying attention to the trends in the forex market and commodities, and I feel there are some interesting signals at several key levels this week.
First, let’s talk about the euro. EUR/USD has been oscillating around 1.1800 on Thursday, briefly reaching 1.1823 but failing to hold, then pulling back for consolidation. It looks like the euro has been rising for eight consecutive days from a low, so a short-term correction might be needed. However, overall, the trend remains upward. If it can hold above 1.1800, it should continue to push higher, with targets possibly at 1.2000

Recently, I noticed a quite interesting policy dispute involving the issue of stablecoin yields. The White House and Wall Street have been at odds over this for a long time, with tensions growing sharper.
Here's what happened. Patrick Witt, Executive Director of the White House’s Digital Asset Advisory Committee, directly criticized traditional banks on April 17, saying they are either greedy or ignorant. The banking industry has been ramping up lobbying efforts recently, trying to block the upcoming CLARITY bill’s provisions on interest-bearing stablecoins. The $320 billion stablecoin market

I just took a quick look at Bitcoin's USD chart, and it's currently hovering around 74K, feeling a bit sluggish. Recently, the gold and silver markets have rebounded strongly, but they're also starting to lose momentum. This kind of divergence is quite interesting.
Bitcoin against the USD hasn't shown much movement in this wave, seeming to wait for new signals. Gold and silver recently broke some record highs, but now they're starting to weaken, indicating that market sentiment might be shifting. Many are paying attention to this divergence—whether Bitcoin will follow suit or gold and silver w

I just noticed a pretty interesting market development. The Chicago Mercantile Exchange (CME) has decided to provide 24/7 trading of cryptocurrency futures and options starting from May 29, reflecting a surge in institutional investors’ demand for digital asset risk management. Last year, CME’s crypto derivatives trading volume reached $3 trillion—this number alone says everything.
In fact, for a long time there has been a structural contradiction in the crypto market. The spot market runs nonstop for 24 hours, but CME futures are usually closed on Friday evenings due to strict regulation and

I just noticed an interesting piece of data: the circulating supply of Bitcoin has already approached 20.01 million coins, getting closer and closer to the total cap of 21 million. But here’s an interesting point: the remaining 1 million Bitcoins, at the current mining speed, will take another 114 years to be fully mined.
In other words, although the total supply of Bitcoin is fixed at 21 million coins, most of them might never be mined within our lifetime. This also explains why Bitcoin’s scarcity is so strong — not only is the total limited, but the mining difficulty increases over time, and