Announcement from Ouyi on SONIC Leveraged Trading, Perpetual Contracts, and Simple Coin Making Online

Odaily Planet Daily News: According to official sources, Sol Strategies, a Canadian listed Solana blockchain and ecological infrastructure company, announced the acquisition of Orangefin Ventures, an on chain validator service provider. The specific acquisition amount has not been disclosed yet, and Orangefin Ventures founder Max Kaplan will join the company as the head of the pledge business. According to disclosed data, the number of SOL tokens pledged by Sol Strategies in its validator business has increased to 1505145, valued at over CAD 400 million, after the completion of this acquisition transaction.

Odaily Planet Daily News: Ripple President Monica Long predicts that her Ripple USD (RLUSD) stablecoin will "soon" be listed on major cryptocurrency exchanges to continue expanding the issuance and availability of Ripple on other exchanges. Relevant announcements are about to be released. But when asked about RLUSD's listing on major platforms such as Coinbase, she refused to provide specific information. （Cointelegraph）

Odaily Planet Daily News: Andrei Grachev, co-founder of DWF Labs, posted, "I just added @ FalconTable to my profile and am ready to launch

According to official sources, OKX has now launched the SONIC Trading Competition, which will take place from 20:00 on January 8, 2025 to 7:59 on January 21, 2025 (UTC+8). During the event, users who recharge and trade SONIC will have the opportunity to share a total of 1000000 SONIC prize pool. For more event details, click on the link to view: https://www.okx.com/zh-hans/campaigns/sonic-trade-and-earn It is reported that Sonic SVM is the first SVM launched on Solana. Sonic SVM established the first Web3 TikTok application layer, bringing millions of TikTok users to Solana. Sonic SVM is still the leading gaming ecosystem on Solana.

Click on the link to enter the live stream: https://meeting.tencent.com/p/5658778060 Friends who have been listening to Lao Guan's live sharing these past few days should still have a clear idea. Because what Lao Wang has been telling you these past few days is that the rise in prices cannot currently define an upward trend. I have been worried that prices may experience a downturn. Yesterday's live broadcast also talked about the top structure of the daily line level, which has now reached the 20k position. It is believed that the expected market trend after the 20k rebound mutation of the structure may experience a decline. The price drop has occurred now, and in my opinion, this wave of decline is the starting point for the overall decline of about half a month at the daily level. Simply put, it means that there will be another downward trend in the market. However, the downward trend cannot be continuously followed by an overall downward trend in the market, which will result in a stalemate during the trading session. Today's overall market is currently looking at the downward support of the 96000 point pancake. The downward resistance of Ethereum 3330. As a rebound target, refer to the 98300 line in the big pie. Refer to line 3460 for Ethereum. My idea is to try short selling at these two target positions. At the four hour level, the probability of a rebound for both currencies is higher. Because the current downward fork action of MACD requires a rebound to promote the closing effect before the duck opens its mouth. But at this point, I would like to make it clear that everyone should not try multiple trades just because they tend to rebound after four hours. Because at present, you need to understand that the overall trend is an expectation leaning towards a downward trend. The dual currencies at the hourly level belong to a relatively standard form of stabilizing behavior. That is to say, in the current market, we are not optimistic about further downward movements in the short term. On the contrary, it is believed that there will be some adjustment time for the market here. That is to say, if there are multiple positions at the current position, they can still be held temporarily. If there are open positions in this position, you need to have some patience. In fact, the overall volatility of the market during this period is relatively weak compared to the daytime trading. But it may only gradually strengthen in the afternoon or evening when the market fluctuates. We will also take advantage of tonight's live broadcast to sort out the current market situation for everyone. Anyway, yesterday we included a series of intraday sharing starting from the title. I think everything is reasonable and satisfactory. See you live tonight. Tencent Meeting Number: 5658778060 QQ group number: 873659756 AIcoin： https://aicoin.com/link/chat?cid=2ARLLeaoM Disclaimer: The above content only represents the author's personal views 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 or external contacts. It is not related to AICoin and the consequences are borne by AICoin