Jim Ferraioli: Bitcoin volatility gradually decreases to around 40% cycle by cycle

The ZK verification layer project Align native token ALIGN will be launched on August 21st at 7:00 am and open for airdrop applications. The total supply of tokens is 10 billion, and the initial circulation during TGE accounts for about 16% of the total supply. Users can check their eligibility through the official airdrop inspection portal. Align unlocks 44.36% of the total airdrop during TGE, equivalent to 3.88% of the total supply. The airdrop is divided into three parts: Airdrop 1 accounts for 6.54% of the total supply, Airdrop 2 accounts for 2.10%, and ZK Arcade accounts for 0.10%. Those who receive 10000 or fewer ALIGNs can claim them on the Base Chain, while those who receive over 10000 ALIGNs can claim them on the Ethereum mainnet.

US President Trump's remarks have triggered a rise in the cryptocurrency market. CZ suggests using a one-year time horizon for investment. Arthur Hayes announced the end of his retirement status, leading the crypto AI project Flop Labs and launching the token FLOP. According to TradingBeats monitoring, a certain whale (0x8447A0... 2E0D) has accumulated 10657 ETH since August 17th, with a total value of 20.7 million US dollars, and deposited it as collateral.

According to on chain analyst Yu Jin's monitoring, a certain giant whale placed an order worth $5 million for Yushu at $90 before the listing opened yesterday. However, due to a large opening but no transactions, the order price was raised to $110. It was executed during the correction process this morning and is currently losing $170000.

【】 Citi strategists stated that the US Treasury Department's expansion of long-term bond buybacks has eased upward pressure on long-term bond yields, but at the short-term cost of a weaker US dollar. Citigroup recommends investors to end long trades in the US dollar and use it as a financing currency to buy emerging market currencies. Citigroup has raised its views on gold and duration assets, and expects the Federal Reserve to not raise interest rates in the next two meetings.

Killa compares the bottom form of Bitcoin in 2022 with its current form and suggests investors pay attention to the possibility of a short-term high-level correction. Killa states that the method to verify this pattern is for BTC to retrace to the previous consolidation interval and display signs of weakness on the 4H/1D chart. If there are no signs of weakness and BTC has not returned to this interval, the pattern is falsified. Killa predicted the peak of this bull market in May 2025, short Bitcoin at $74688, and turned long on June 5th.