AI Research Report

According to the latest trading data from Goldman Sachs, after heavy selling and shorting in April, hedge funds have now entered a full-blown panic buying mode. Last week marked their fifth consecutive week of net buying U.S. equities, with long positions outpacing shorts by approximately 3 to 1. While hedge funds are “chasing the rally” in U.S. stocks, retail investor enthusiasm in Asia is cooling. Korean and Japanese retail investors have turned to short-selling, while buying activity in Singapore has dropped sharply.

•

Official data released on Tuesday showed that South Korean retail investors became net sellers of U.S. stocks in May for the first time, while Japanese accounts turned net sellers of U.S.-listed ETFs. In Singapore, the number of traders buying U.S. equities in May fell by one-fourth compared to the previous month.

•

The tokenization of US stocks is heating up again. Which on-chain platforms support trading US stocks?

•

Recently, the lines between “crypto” and “U.S. stocks” have increasingly blurred. On one hand, U.S.-listed firms like SharpLink and GameStop have seen stock surges after embracing crypto assets. On the other, crypto companies are going public—most notably Circle, which closed its first trading week at $107.7, up 247% from its IPO price of $31. BitMEX co-founder Arthur Hayes even suggested Circle’s debut could spark a wave of crypto IPOs. As excitement builds, on-chain trading of U.S. stocks is quickly becoming a hot trend.

•

Learn more 👉https://en.theblockbeats.news/news/58527

三、Market Highlights

⚠️ Reminder: Meme tokens are very volatile and not backed by fundamentals. Prices are driven by sentiment and may drop to zero. Please stay rational and assess your own risk before investing.

📰Daily Market Insights

1.Ethereum ecosystem tokens see broad gains, with UNI surging 23.4% in 24 hours

2.Silhouette, a privacy execution layer based on Hyperliquid, completes $3M Pre-Seed funding round led by RockawayX

3.Ethereum Foundation releases the 1TS “Security Challenges Overview” report

4.SlowMist’s Cosmos: Stolen assets from Alby wallet have been recovered

5.HYPE surpasses $42, hitting a new all-time high

Check the orign link

2025-06-04 Report

📅 June 04, 2025｜Crypto Research Brief

⛱️ Before We Begin

Cryptocurrencies involve uncertainty and risk. You may lose your entire principal.

This report is for sharing purposes only and does not constitute investment advice. Please make investment decisions rationally.

一、Indicators

The Market

Currencies: [17,210]

Exchanges: [1,276]

Total Market Cap: [US$3.561T 1.5%]

24-Hour Trading Volume: [US$122.567 B]

Market Dominance:

[BTC 60.9%ETH 8.97%]

Gas: 0.87 GWEI

Fear & Greed Index:[68]

（Data sourced from CoinGecko👉https://www.coingecko.com/）

Stablecoin Metrics

Market Cap of USD-Pegged Stablecoins: $251.4 B

Liquidation Map

二、SEC&ETF&Policy & Macro Analysis

BTC ETF

ETH ETF

Macroeconomic Overview

•

The Fear & Greed Index has dropped to 64. In a bull market, when this value approaches 40, it often signals a strong short-term entry point.Meanwhile, ETF data is showing some notable changes: Over the past 3 days, Bitcoin ETFs have seen net outflows, with BlackRock reportedly selling some of its holdings.On the other hand, Ethereum ETFs are experiencing consistent net inflows.While the inflow volume isn’t large yet, it does mark a positive trend and a potential shift in market sentiment toward ETH.

•

Indicator Analysis – June 4, 2025

•

Percentage of coins held >1 year: 62.2% (Below 55% indicates a high-risk zone)

•

Ahr999X Index: 2.88 (>9 indicates DCA zone; <0.4 indicates market top)

•

Bitcoin Dominance: 64.03% (Near 40% typically signals a market top)

•

Fear & Greed Index: 64 (Near 100 indicates high risk; below 10 indicates a bottom-buy zone)

•

Bitcoin Rainbow Chart: HODL! (Orange-red indicates high risk; dark blue indicates accumulation zone)

•

PI Cycle Indicator Cross Distance: Very far (“Cross” typically signals a bull market top)

•

RHODL Ratio: 3115 (>10,000 suggests a top; <300 indicates a strong bottom-buy zone)

•

Jiang Zhuoer’s 60-day BTC Gain: 25.8% (>80% signals short-term bubble risk)

•

RSI (Relative Strength Index): 70.08 (<45 indicates accumulation; >85 signals a possible top)

•

Altcoin Season Index: 22 (<25 = undervalued zone; >75 = bubble zone)

•

Bitcoin ETF Net Flow (USD million): -267.5

•

Ethereum ETF Net Flow (USD million): 78.2

•

DCA / Take-Profit Index: Hold Zone (Ranges: Accumulation / DCA / Hold / Take Profit / Market Top)

•

Daily BTC Trend: Uptrend (Options: Uptrend / Downtrend)

•

Bull Market Exit Countdown: 105 days remaining

•

Source: Bull Market Exit Guide

•

The End of the VC-Era Foundation Model

•

Venture capital giant a16z just published a powerful piece calling for the end of the “foundation era” in crypto — and the timing couldn’t be better.It’s time to move beyond outdated structures and build new systems with better incentives, accountability, and scalability.

•

Today, foundation employees and board members often receive high salaries without delivering meaningful work. Worse, they’re nearly impossible to fire and face little to no consequences — even when they underperform or actively harm the project.This is one of the core ethical dilemmas in crypto today:Once a token is launched and listed on major exchanges, many founding teams lose the motivation to keep building. There’s little accountability — rugging, ghosting, or simply coasting becomes normalized.

•

Full article:👉https://a16zcrypto.com/posts/article/end-foundation-era-crypto/

三、Market Highlights

⚠️ Reminder: Meme tokens are very volatile and not backed by fundamentals. Prices are driven by sentiment and may drop to zero. Please stay rational and assess your own risk before investing.

Daily Market Insights

1.TRUMP Team-Associated Address Deposits 4.16M TRUMP to CEX, Valued at Approximately $46.97M

2South Korean Media: Lee Jae-myung Elected President of South Korea

3.Trump’s Social Media Platform Truth Social Submits Bitcoin ETF Application

4.Ethereum Co-founder: Currently in Talks with a Sovereign Wealth Fund of a Certain “Major Country” for a Collaborative Project Based on Ethereum

5.Trump’s Son: Market’s New TRUMP Wallet Launch Unrelated to Trump Organization, WLFI to Release Official Wallet

On-Chain Trends

•

Binance Alpha’s Bull Run

•

This week’s bull run belongs solely to Binance Alpha. On BNB Chain, it feels like “a spring breeze came overnight, and thousands of meme tokens bloomed.” The explosive rally was led by **$BOB**, the first mover to break out.

•

$BOB was the pioneer who “ate the crab” first.And it’s only the beginning — **$Ghibli, $TAT, $BNBXBT**, and $QUA are following closely. With market caps in the hundreds of thousands, just a small push in volume is enough to send them skyrocketing onto the trending list. A few multiples of gain is no longer a dream.The key is, now everyone understands the playbook:Alpha exposure → team accumulation → trending pump → retail FOMO in.

•

Beyond Binance Alpha: What’s the next wealth playbook?

•

What other trending tokens on the BNB Chain are quietly attracting capital inflows? How can retail investors leverage USD1 and the liquidity waves created by Binance Alpha to seize new opportunities?This article breaks down the BNB Chain wealth meta to help you discover the next big move.

•

Read more 👉 https://www.theblockbeats.info/news/58443

Check the orign link

2025-05-28 Report

📅 May 28, 2025｜Crypto Research Brief

⛱️ Before We Begin

Cryptocurrencies involve uncertainty and risk. You may lose your entire principal.

This report is for sharing purposes only and does not constitute investment advice. Please make investment decisions rationally.

一、Indicators

The Market

Currencies: [17,210]

Exchanges: [1,276]

Total Market Cap: [US$3.561T] 1.5%

24-Hour Trading Volume: [US$122.5667B]

Market Dominance:

[BTC 60.9%ETH 8.97%]

Gas: 0.87 GWEI

Fear & Greed Index:68

（Data sourced from CoinGecko）

Stablecoin Metrics

Market Cap of USD-Pegged Stablecoins $249.4 B

Liquidation Map

二、SEC&ETF&Policy & Macro Analysis

BTC ETF

ETH ETF

Macroeconomic Overview

Last night, U.S. stocks surged. Trump’s media group raised $2.5 billion with plans to accumulate Bitcoin in the future. SharPlink secured $400 million to stockpile Ethereum. Square has enabled all its payment terminals to accept Bitcoin payments. Despite these bullish developments, Bitcoin failed to reach a new high, and Ethereum only briefly touched its two-week peak.

This suggests that market sentiment is weakening — a signal that shouldn’t be ignored. The next potential catalyst lies in whether the U.S. can finalize agreements with India, Japan, or the EU. If that happens, it may give sentiment a final boost, though by then, expectations may already be fully priced in.

As it stands, the rally that began in mid-April seems to have played out for the most part, though it’s not yet over. We may be closer to the end, but the move hasn’t completely exhausted itself. Attention now turns to whether U.S.-India, U.S.-Japan, or U.S.-EU trade deals can be reached in the next two weeks to fully price tariff negotiation optimism.

Bull Market Top Signals Checklist

三、Market Highlights

⚠️ Reminder: Meme tokens are very volatile and not backed by fundamentals. Prices are driven by sentiment and may drop to zero. Please stay rational and assess your own risk before investing.

Daily Alpha

A major whale has once again accumulated $10 million worth of AAVE, with unrealized gains on the total position nearing $30 million.

The SEC has initiated further review proceedings for WisdomTree’s spot XRP ETF application.

The Bitcoin 2025 Conference has officially opened, featuring speeches from Donald Trump Jr. and David Sacks on the first day.

Circle has spent approximately $99.8 million to acquire RWA issuer Hashnote.

Metaplanet’s share price has risen over 20% in the past five days, pushing its market cap to $4.53 billion.

On-Chain Trends

•

HYPE Is it true that someone transferred 3,000 ETH to A8? How can you participate in Hyperliquid’s wealth effect?

It has been two months since the $JELLYJELLY incident. The Hyperliquid platform token $HYPE has not only hit an all-time high but has also gained wide attention due to James Wynn. Beyond $HYPE and James Wynn, another aspect of Hyperliquid is quietly developing—their their Layer 1 HyperEVM. Read more 👉 https://www.theblockbeats.info/news/58350

•

Solana Over the past week, only a few Meme projects on-chain have stood out as hotspots. However, the overall sector heat has clearly cooled, with most projects falling silent and community discussions gradually fading. Market sentiment has become more subdued.

•

Web 2IP: Labubu Achieved 40x returns in one month. How did retail investors capture the $LABUBU opportunity? | 100x Review Read more 👉 https://www.theblockbeats.info/news/58350

•

BSC In contrast, BSC saw a new wave of single-letter Meme tokens sparked by the launch of the $USD1 trading pair. Among them, $B surged strongly, igniting market sentiment and driving related projects like $CA and $USD1DOGE to take turns performing, injecting a bright spot into the otherwise sluggish market.

Check the orign link

2025-05-21 Report

📅 May 21, 2025｜Crypto Research Brief

⛱️ Before We Begin

Cryptocurrencies involve uncertainty and risk. You may lose your entire principal.

This report is for sharing purposes only and does not constitute investment advice. Please make investment decisions rationally.

一、Indicators

The Market

Currencies: [17,124]

Exchanges: [1,273]

Total Market Cap: [$ 3.511T ]0.5%

24-Hour Trading Volume:[$ 120.159B]

Market Dominance:

[BTC 60.7%ETH 8.90%]

Fear & Greed Index: 69

Altcoin Season Index:18

（Data sourced from CoinGecko）

Stablecoin Metrics

Market Cap of USD-Pegged Stablecoins $247.1 B

Liquidation Map

二、SEC&ETF&Policy & Macro Analysis

BTC ETF

ETH ETF

Macroeconomic Overview

Market Analysis

At the moment, the market is still in a wide-ranging sideways chop. Since I’m not good at short-term trading, I’m staying on the sidelines and waiting it out. If the price dips significantly, I’ll consider buying; if it rises, I’ll just sit back and stay calm — simple and stress-free.

There’s nothing particularly unusual in the data. The main thing worth noting is that the Bitcoin ETFs have been repeatedly hitting new highs.

Looking at the long/short ratio and funding rates, overall market sentiment has picked up slightly, but not by much. Bears seem to be showing signs of surrender on the surface, but behind the scenes, they’re still eager to fight. Once the market fully shakes them out and they start flipping long, that’s usually a sign the top is near.

Market Indicators – May 20, 2025

BTC Holding Period >1 Year: 62.8% (Below 55% indicates a high-risk zone)

Ahr999X Index: 2.77 (>9 = DCA zone; <0.4 = market top)

Bitcoin Dominance: 63.9% (Near 40% often signals a cycle top)

Fear & Greed Index: 71 (Closer to 100 = high-risk; <10 = buy zone)

Bitcoin Rainbow Chart: HODL! (Orange-red = high risk; dark blue = bottom)

PI Cycle Distance: Far (Crossing = bull market top)

RHODL Ratio: 3,024 (>10,000 = top zone; <300 = bottom zone)

**60-Day Price Change (Jiang Zhuo’er Index)**: +24% (>80% indicates short-term bubble risk)

**RSI (Relative Strength Index)**: 69.07 (<45 = buy zone; >85 = top signal)

Altcoin Season Index: 16 (<25 = undervaluation zone; >75 = bubble zone)

BTC Spot ETF Net Flow: $667.4 million

ETH Spot ETF Net Flow: $13.7 million

DCA Strategy Index: Holding Zone (Buy Zone / DCA Zone / Holding Zone / Sell Zone / Top Zone)

BTC Daily Candlestick Trend: Uptrend (Uptrend / Downtrend)

Bull Market Top Countdown: 120 days remaining

三、Market Highlights

⚠️ Reminder: Meme tokens are very volatile and not backed by fundamentals. Prices are driven by sentiment and may drop to zero. Please stay rational and assess your own risk before investing.

Daily Market Insights

1.Hyperliquid High Win Rate Whale Goes Short on Bitcoin with 40x Leverage, Short Position Valued at $88.41 Million

2.BNB Chain Ecosystem Project BUILDon(B) On-Chain Transaction Volume Surpasses $100 Million

3.Ethereum Co-Founder Jeffrey Wilcke has transferred 394,000 ETH to Kraken since 2016, with a total cash-out amount of approximately $510 million.

4.Bloomberg Analyst: BlackRock’s Bitcoin Holdings Reach 57% of Satoshi Nakamoto’s, Projected to Become the World’s Largest Bitcoin Holder by Next Summer

5.Robinhood has submitted a proposal to the U.S. SEC to advance the establishment of an RWA tokenization federal framework.

Meme Coins – Trending in the Last 24 Hours

•

$GENE

•

Narrative: A meme launched by Chinese creators, quickly reached a $10M market cap.

•

$EVIE

•

Narrative: The “third daughter” of Peppa Pig — meme storytelling driving hype.

Check the orign link

2025-05-14 Report

📅 May 14, 2025｜Crypto Research Brief

⛱️ Before We Begin

Cryptocurrencies involve uncertainty and risk. You may lose your entire principal.

This report is for sharing purposes only and does not constitute investment advice. Please make investment decisions rationally.

一、Indicators

The Market

•

Currencies: 16,970

•

Exchanges: 1,268

•

Total Market Cap: $3.5 Trillion (+1.1%)

•

24H Trading Volume: $150.25 Billion

Market Dominance:

•

BTC: 58.9%

•

ETH: 9.20%

Sentiment Indicators

•

Fear & Greed Index: 74

•

Altcoin Season Index: 29

（Data sourced from CoinGecko）

Stablecoin Metrics

•

Market Cap of USD-Pegged Stablecoins: $245.3 B

Liquidation Map

二、SEC&ETF&Policy & Macro Analysis

BTC ETF

ETH ETF

Macroeconomic Overview

📈 Market Analysis

Since mid-April, macro narratives have centered around four key themes:

Trump’s shift in stance (softening tone and pushing forward trade negotiations)

Rising expectations of a recession

Concerns over re-inflation

Federal Reserve policy outlook

Following the conclusion of the Geneva summit and the subsequent joint economic and trade statement, tariff and trade negotiations have temporarily receded from the spotlight.

April CPI Data Highlights

The focus this time is on the month-over-month (MoM) data, which came in at **0.2%**, matching the Cleveland Fed’s forecast.

A significant drop in energy prices helped offset inflation in new/used cars and food. This is likely a major reason why year-over-year (YoY) CPI met expectations while MoM CPI came in slightly lower than expected.

Real income MoM fell by -0.1%, significantly below the previous figure. Since real income reflects the total earnings individuals receive from wages, rents, dividends, and social benefits, it serves as a better gauge of actual purchasing power. This decline in real income is dragging down consumer spending. However, in my view, the main driver of this drop may be stock market correction effects.

Short-term outlook: Slightly bullish. Next focus is Thursday night’s PPI data.

三、Market Highlights

⚠️ Reminder: Meme tokens are very volatile and not backed by fundamentals. Prices are driven by sentiment and may drop to zero. Please stay rational and assess your own risk before investing.

Daily Market Insights

1.Abstract Chain is expected to conduct its TGE by the end of the year.

2.Virtuals Protocol Introduces VIRTUAL Staking Feature

3.Believe Ecosystem Token’s Total Market Cap Surpasses $260 Million, Platform Creates Over 3200 Tokens

4.SEC Seeks Feedback on BlackRock Bitcoin ETF Physical Redemption, Delays Grayscale Solana and Litecoin ETF Proposals

5.Cryptocurrency brokerage firm eToro has completed its IPO in the United States, raising nearly $3.1 billion

On-Chain Trends

Believe

•

X：https://x.com/believeapp

•

Project Background

•

👉 Illustrated Guide

•

👉 LaunchCoin 20x in One Day, How Did Believe Create a $200M Market Cap Gold Dog After Going to Zero? | 100x Retrospective

•

Rules & Mechanics

•

KOL Review

•

https://x.com/yuyue_chris/status/1922541237099495645

Pump.fun Sees Its First Breakdown

•

Raydium’s LaunchLab Ecosystem Strikes Back On May 13, on-chain data analyst Adam shared Dune dashboard data on X, showing that in the past 24 hours, Raydium’s token launch platform LaunchLab (including third-party platforms like Letsbonk.Fun built on LaunchLab) saw 198 tokens graduate — surpassing Pump.fun’s 171 graduated tokens during the same period.Adam commented that this marks the first time in history that Pump.fun has faced real competition.

•

👉https://en.theblockbeats.news/news/58155

Check the orign link

2025-05-07 Report

📅 May 07, 2025｜Crypto Research Brief

⛱️ Before We Begin

Cryptocurrencies involve uncertainty and risk. You may lose your entire principal.

This report is for sharing purposes only and does not constitute investment advice. Please make investment decisions rationally.

一、Indicators

The Market

Currencies: 16,978

Exchanges: 1,268

Total Market Cap: US $3.094T 0.1%

24-Hour Trading Volume: US$89.6.88B

Market Dominance: BTC 62.1%ETH 7.16%

Gas: 0.344 GWEI

Fear & Greed Index:68：53

（Data sourced from CoinGecko）

Stablecoin Metrics

•

Market Cap of USD-Pegged Stablecoins: $244.8 B

Liquidation Map

二、SEC&ETF&Policy & Macro Analysis

BTC ETF

ETH ETF

Macroeconomic Overview

1. Tariff Talks Likely to End with Minimal Result

In the end, most countries may only accept a 10% basic reciprocal tariff and a few mild industry-specific tariffs. In return, they’ll cut tariffs on U.S. goods, buy more from the U.S., and offer other benefits. But this won’t happen right away.

Each country wants to negotiate but has its own red lines.

•

Japan wants the U.S. to remove tariffs on cars and steel, but the U.S. hasn’t agreed yet.

•

The EU offered to buy $50B more U.S. goods but also warned it might impose tariffs on $100B U.S. products if talks fail. It also eased limits on China relations.

•

The UK and India signed a trade deal.

•

Trump recently spoke with Australia’s new PM and met Canada’s PM—both still sound tough.

Why? Because 10% is acceptable, but extra or industry-specific tariffs would hit domestic industries hard. So countries delay, waiting for U.S. pressure to rise—especially pressure from Trump’s voter base. Once that happens, he may soften.

Trump’s recent comments already show signs of backing down. He said countries may get lower tariffs to help control prices. The Financial Times reported the U.S. and the UK may soon agree: the U.S. will lower tariffs on British cars and steel, and the UK will reduce tariffs and digital taxes. This deal could become a template for others.

2. Why China’s Central Bank Moved Now

Although China had planned to cut rates later, it acted sooner than expected. There may be several reasons:

China sees the U.S. won’t cut rates soon, and can’t wait any longer due to internal pressure.

China expects the U.S. to cut rates soon and wants to act slightly earlier.

China is confident in trade talks with the U.S. That could mean two things:

•

a) The U.S. is under pressure at home and abroad, and talks must happen. The tariff issue might quietly end.

•

b) U.S.–China trust is low. Even if they reach a deal, it will only be temporary. So no need to wait—just act now.

三、Market Highlights

⚠️ Reminder: Meme tokens are very volatile and not backed by fundamentals. Prices are driven by sentiment and may drop to zero. Please stay rational and assess your own risk before investing.

Daily Market Insights

1.The Federal Reserve will announce its interest rate decision tonight, with only a 4.4% probability of a rate cut in May.

2.Binance Alpha’s trading volume reached $290.1 million yesterday, hitting another all-time high.

3.May Day Holiday Meme Frenzy: How Did GORK Get Musk to Change His Avatar? | 100x Review

4.Timeline | 22-year-old Zerebro Co-founder’s「Death」 Mystery: Posthumously Launched Coin to Memorialize Himself, Associated Address Continuously Dumping Tokens

5.The Eight Top Perp DEXs Battle in the “Second Half of the Contract” - Who Will Harvest the Billions in Liquidity?

Check the orign link