Odaily Planet Daily News: According to on chain analyst Ai Yi's monitoring, the "giant whale that made a loss by repeatedly long 8613 ETH on May 16th" opened another position of 2004 ETH two hours ago, worth 4.99 million US dollars, with an average price of 2491 US dollars.
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The market is basically consistent with the third scenario we discussed, with a high of 112000 reaching its peak.
Actually, personally, I still think there is an opportunity for the market to take a long-term short position, combined with the pressure of weekly double tops in recent years. And it's still high. Often it is high empty. I personally feel like I need to wash it again. I won't go straight down. So it can be much shorter, eating profits back and forth. Analysis of specific locations and live streaming rooms
The wave of positive news for Ethereum has finally landed,
The only rebound in six months, the washing up was too severe. After washing back and forth for a long time, all the pressure levels and support levels were useless during the upward trend. The market was completely controlled and took off, but it was still heavily manipulated, with a high of 2800 and severe pressure. When approaching the pressure of 2800, it dropped all the way to 2480. Stepping back is still quite powerful.
Operation suggestion: Bitcoin 106000 to 5000 go short, defend 108000. Target 98500
Ethereum 2580 to 2600 is empty
Defend 2650. Target 2450
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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.
The current price of ETH is $2492.44, with a drop of 1.00% in the past 24 hours. Among them, the total liquidation amount of contracts across the entire network in the past 24 hours was 103 million US dollars, with multiple orders being the main liquidation, and ETH liquidation of 19.45 million US dollars (18.84%). The data is for reference only.
Synthetix founder Kain.avax posted on the X platform stating that he has built a development environment using Cursor and designed a new client project, which will later add servers/databases to make the project more robust. Claude Opus has submitted a Pull Request with 10000 lines of code, and he himself spent 40 minutes rebuilding the entire project. Currently, the project is almost operational.
The stablecoin sUSD previously launched by Synthetix has been de anchored, and the SCCP-409 proposal has been approved, providing additional support for the anchoring of sUSD. The sUSD staking requirement for participants in the debt forgiveness (jubilee) has been increased from 10% to 20% to promote the restoration of sUSD anchoring.
