币毒

BTC has firmly stood above 80,000 now, and many people's first reaction is: time to short.

The reasoning is pretty uniform—'I'm not greedy, just looking to scoop a couple of points on the dip.'

But my current thinking is quite simple: in this kind of market, I'd rather dollar-cost average into longs than touch a short.

Because this isn't just a market being yanked up by big players; it's genuine sentiment, funding, and expectations pushing it higher together. Once the trend is established, it's actually tough to flip it around in the short term.

A lot of folks think they can easily catch the dips, but the question is: when it really drops, do you have the guts to short heavily?

If you miss the boat, can you keep your cool? If you get caught in a squeeze, are you really willing to cut losses?

Most people end up not making profits; they just get battered from both sides.

In a trending market, the worst thing you can do is constantly try to call the top.

You think you’re catching a dip, but often you're just gambling with your profits based on sentiment.

So right now, I prefer to keep it simple: wait for a pullback, dollar-cost average in, and ride the trend.

Even if I only catch a part of the move, it's way more comfortable than trying to chase a few points against the tide.

I've been holding my mainstream longs for a couple of days now; the gains aren't coming in fast, but at least I’m holding comfortably.

Today’s market focus isn’t just on how much BTC has pumped, but rather that it hasn’t crashed, while altcoins are starting to move.

BTC remains pinned above 80k, ETH has seen a small uptick, and SOL, XRP, and DOGE are all bouncing back with trading volume surging by 68%. This indicates that capital isn’t absent; rather, after BTC stabilized, it’s starting to probe into more elastic coins.

The other key lines haven’t slowed down either:
In the US, the push for the Clarity Act is still ongoing, but the banking sector has begun to push back, suggesting that the regulatory battle ahead will only get fiercer;
PayPal and Google Cloud continue to discuss AI Agents running on crypto rails, indicating that this line is more than just a story;
Traditional finance players like BlackRock and CME are still doubling down on tokenization and derivatives.

My understanding is simple:
The market is currently in a recovery phase, and the structure is improving, but many bullish factors are still in the realms of "expectations" and "discussions."
So, in the short term, we can remain a bit bullish, but it’s not yet time to go all in without thinking.

【Adu Crypto Daily｜05.11 Short Version】
BTC 81,487 USD (+1.07%), ETH 2,358 (+1.60%), SOL 96.06 (+3.44%). CoinGecko shows the total crypto market cap back at 2.80 trillion USD, with a 24h trading volume up about 53%, and market sentiment is warming up.

Today, the key takeaway isn't a specific altcoin mooning, but rather the U.S. Senate Banking Committee will review the Clarity Act on May 14, pushing forward the crypto market structure bill, focusing on SEC/CFTC authority, consumer protection, and stablecoin yield regulations. If the regulatory framework continues to advance, it’s a medium-term bullish signal for the industry.

Another point to watch: Google Cloud and PayPal clearly indicated at Consensus Miami that AI Agent businesses are better suited for crypto payment rails, with stablecoins and on-chain payments becoming the infrastructure for the 'machine economy.'

Additionally, quantum computing risks have resurfaced. Project Eleven believes that between 2030-2033, we might hit a window that poses a real threat to mainstream crypto systems, which will be an unavoidable topic for BTC, ETH, and custodial systems in the coming years.

Adu's takeaway: Short-term risk appetite is key, while medium-term focuses on regulatory implementation. Don’t just stare at the candlesticks; the progress of the bill on May 14 is worth more.

For information purposes only, not investment advice.

The Vietnamese Pho strategy from 3 days ago is still paying off. Coupled with that night's livestream, it's developing healthily in this momentum. First, let's send the shorts home, and then let the empty bags weep in despair.

These next few days, don’t rush; just be patient. It’s not that we’re not shorting, but rather we’re taking it slow, methodical, and strategic with our shorts. Let the prepared ones short first, and the emotionally mature traders short first to lead the way. We also need to adapt our strategy to the specific situation—this isn’t about blindly shorting, but rather making precise, scientific, efficient, and strategic shorting moves. Understand the applause. 👏

Today’s market isn’t weak, but it’s not hot either.

BTC is still holding above 80k, which shows that the backbone of the market hasn’t collapsed; however, the trading volume has shrunk, indicating that the market hasn’t entered that phase where everyone is charging in together.

The current structure is very clear:
On one side, we have expectations of US regulation, the SEC’s tone warming up, and CME continuing with derivatives, all of which are medium-term bullish factors slowly building up;
On the other side, altcoins are starting to diverge, and funds seem to be taking a wait-and-see approach rather than diving in headfirst.

So my understanding right now is simple:
As long as BTC can hold steady, the market will still have a "BTC stable, sector rotation" structure;
But if volume doesn’t pick up, any rebound in altcoins could easily become a one-day wonder.

Don’t get too hyped in the short term,
For the medium term, keep an eye on regulations, institutions, and infrastructure as the main focuses.

USD1 is clearly no longer just serving as "a stablecoin".

This time, it's directly integrated with tempo, not just bridging assets, but it's a Native TIP-20.

This distinction is actually crucial.

Many cross-chain stablecoins are essentially just "mapped over"; their liquidity, settlement, and security all rely on the bridge.

But native issuance means it’s truly starting to take root in others' ecosystems.

Plus, with CCIP enabling cross-chain liquidity, USD1's path is becoming clearer:

It's not merely about being a stablecoin on exchanges, but moving towards a "cross-chain payment layer". Previously, we always said that AI Agents would eventually need their own payment system.

Now, many people still haven’t realized that in the later stages of the stablecoin battle, it’s not about yields anymore, but rather who can become the "default currency" on-chain.

☝️🦅

Adu Crypto Daily | May 9: BTC is sitting at $80,351, holding strong above the 80k mark, ETH is at $2,315, and SOL leads the majors with a 6.27% rise in the last 24 hours; total crypto market cap is around $2.77 trillion, up 1.37% in 24 hours, but trading volume has dipped, indicating that while the market is stabilizing, the FOMO isn't fully back yet. Today, the key focus isn't on the candlesticks, but on the regulatory lines: CoinDesk reports that the U.S. Senate Banking Committee plans to push forward a key hearing/discussion on the market structure bill next week, and SEC Chair Paul Atkins has also signaled more support for on-chain finance, on-chain market infrastructure, and the rollout of AI financial regulations. Meanwhile, Kraken's parent company is applying for an OCC license, with stablecoins continuing to be the main theme in global regulation and financial maneuvering; ONDO and other RWA/tokenized assets are topping the CoinGecko heatmap, as funds remain focused on 'compliant finance on-chain.' Adu's take: The market is pricing in the 'regulatory clarity + institutional entry' ahead of time, so keep an eye on the bill, SEC signals, and the stablecoin/RWA narrative.

Last night's raid stream has set the stage for today, hoping all my bros can feast on Shanghai hot pot every day, no more instant noodles! Let's stick to the plan from last night!

🐍 Daily Crypto Wrap | 05.08

The market is feeling weak today.
BTC has dropped back to $79,600, with ETH, XRP, and DOGE all under pressure; DOGE taking the biggest hit, while TRX has slightly bucked the trend and turned green, indicating that funds are shifting towards defensive assets.

A few key points:
1. The total crypto market cap is around $2.733 trillion, down 1.41% over the last 24 hours, with volume continuing to shrink, reflecting a cautious sentiment.
2. Coindesk noted that this pullback is related to the escalating situation in the Middle East, with US military actions against Iranian targets pressuring risk assets overall.
3. The futures market has seen 67 consecutive days of negative funding, marking the longest streak in nearly a decade, suggesting that traders are positioned short and sentiment is bearish.
4. However, the mid-term narrative isn’t dead; stories around AI Agents, stablecoin payments, tokenization, and DeFi risk management upgrades are still progressing.
5. Coinbase's earnings report missed expectations, making the market more realistic—capital is shifting from pure speculation back to “real applications” and “real-world use cases.”

My take:
This feels more like a high-level pullback combined with a cautious sentiment, not a complete trend reversal to bearish. The next crucial point is whether BTC can hold steady around the $79k-$80k range. If it holds, it’s like a shakeout; if it doesn’t, altcoins will continue to take a beating.

Every day feels like a new trap, but here's the twist.

Not one to back down, I whipped up a bowl of Vietnamese pho 🥹

This time it was a bit cheaper, costing me 66 RMB 😭

The market didn’t hit 83, but we found a short-term long entry point. Even though my overall outlook is bearish, BTC’s daily chart is still cruising smoothly. I’m eyeing a squeeze at 79 and 80 for short stop-losses, which will definitely boost our win rate.

Trading is all about patience, waiting for that one killer opportunity. If we can hit those shorts at 79 and 80, it could be one of the best chances we’ve seen in 26 years.

Pessimists are often right, but optimists ultimately make the profits. Being in this game, we gotta build the industry to spread crypto all over the globe.

Next up, substantial progress in US-Iran talks, successful peace talks in Ukraine, US stocks hitting their peak, and after taking out the stop losses of 83 short positions in the crypto space, we’re diving into a long bear market.

The next bull run will truly see blockchain change the world☄️

This bowl of Vietnamese pho costs 88 RMB, that's pretty steep😭

🐍 Ado Crypto Daily | 05.07

Today, the market is entering a phase of divergence and consolidation.
BTC is still holding strong around 81k, but ETH and DOGE are starting to pull back, while SOL and BNB are relatively stronger, indicating that the funds haven't exited; they're just concentrating more clearly on a select few strong assets.

Here are the key points for today:
1. BTC is reported at $81,033, basically trading sideways for the last 24 hours; ETH is down 1.76%, DOGE down 3.35%, but SOL and BNB are still looking strong.
2. The total market cap has slightly retraced by 0.26%, but trading volume has actually increased by 11.2%, suggesting that the market isn't stagnant; there's just some rotation happening at these high levels.
3. White House advisors have stated that the Clarity Act's objectives will be pushed forward before July 4, and updates on the US Bitcoin Reserve will be announced in the coming weeks.
4. Traditional financial institutions like Nasdaq and DTCC are continuing their move towards blockchain, but they also admit that custody, advisory distribution, and underlying infrastructure are not fully resolved yet.
5. The narrative around stablecoins and payments is heating up; the market is beginning to recognize practical directions like 'yield + payment + RWA'.
6. Coindesk points out: in a quiet market, yield is the trade, meaning the strongest short-term logic may not be massive surges but rather stable returns.

My take:
The market hasn't turned bearish yet, but it's not suitable for mindless chasing of highs. The biggest concern is that while the indices may seem stable, your coins might not be moving at all. Moving forward, keep a close eye on US regulatory advancements and whether funds will continue to cluster around strong narrative assets.

🐍 Ado Crypto Daily | 05.06

BTC surges past 81k, and the market remains bullish overall, but volume is starting to pull back, shifting from a strong rally to sustained high-level strength.

Key takeaways for today:
1. BTC is priced at $81,249, with a 24h gain of 1.26% and a total market cap of around $2.775 trillion.
2. Prices continue to rise, but total market trading volume has dropped by 17.4%, indicating that FOMO is cooling off.
3. Strategy reported a $12.54 billion Q1 loss while hinting at potential BTC sales to support dividends, which could lead the market to reassess the notion that 'institutions only buy and never sell.'
4. Traditional finance is accelerating its entry: Kraken is pushing for an IPO, MoneyGram is facilitating crypto-to-cash transactions, and the narratives around ETFs and tokenization are gaining strength.
5. Security concerns remain a ticking time bomb; incidents involving Kelp, LayerZero, and Drift highlight that risk management and security need to be prioritized before institutions go big on-chain.
6. Solana is seeing renewed interest, with upgrade expectations and improved trading experiences catching the attention of investors again.

My take:
The general trend is still bullish, but the current position isn't suitable for mindless chasing. Moving forward, it's crucial to see if BTC can hold above the 80k mark; if volume continues to shrink, it may resemble a high-level consolidation rather than an immediate explosive rally.

Previously said that $ETH would hit zero in the long run, and a bunch of people came at me.

With the recent bullish trend in Bitcoin, what about your $ETH ?

E coins are already the tears of the era, keep your head up and look forward, Bro.

$BTC has already climbed above 81K, heading towards last November's resistance level of 83K. Correspondingly, $ETH should be at 2700+ right now, but look, it's struggling to break above 2400.

Heroes fade, the glory days of E coins in 2017 and 2021 are behind us.

This cash in the crypto space is mine for the taking. I'm always checking the charts during class, analyzing the trends. If I'm not making gains, who has the right to? What do you guys think about this setup?

Even tiles have their turn; the wind can shift south too.
Recently, I reclaimed what I lost on $ORDI ☺️

The comments section on Douyin had me cracking up, that's the hype.

The World Cup is trending, but the World Cup sector has no action at all, just like the current state of altcoins.

Daily chart hit the midline, there's still a last chance to make a move.