🚨 #ARBITRUM COMMITTEE MOVES TO UNFREEZE $71M IN ethereum:native An #Arbitrum governance committee has proposed unfreezing about $71 million in ethereum:native to help limit losses tied to Kelp DAO. The #move follows an earlier emergency freeze and will now proceed for approval by the governance. #crypto

Today's Market Analysis On the third day of the holiday, the market seems calm, but in fact, bulls and bears are repeatedly tugging at key levels, with no clear trend. BTC surged overnight above 79,000 then pulled back, ETH touched 2,342 before retreating to around 2,310 for consolidation. On the 4-hour chart, BTC rebounded from support at 74,800, forming a V-shaped reversal, with short-term bulls slightly stronger, but approaching the critical resistance at 79,500. The longer it consolidates above the previous high, the greater the risk of a correction. Currently, the price is relatively high, volatility is narrowing, blindly chasing longs offers a poor risk-reward ratio, and aggressive long entries are not recommended. Trading Suggestions: $BTC : Short at 78,500–79,000, target around 7,700 $ETH : Short at 2,310–2,330, target around 2,250$LAB #WCTC交易王PK #美国寻求战略比特币储备 #比特币ETF期权持仓限额增4倍

May 3rd, the third day of the five-day May Day holiday Bitcoin once again rebounded and touched 79,100 Then in the short term, it dropped back down to 78,000 High-leverage players' nightmare, high-leverage margin traders get liquidated every day Have you noticed, in the past year or two, no high-leverage traders have become famous? The once countless high-leverage margin myths of earning hundreds or thousands of times in a month have all fallen, because the market has changed It's often about killing high leverage, pulling up 2% then suddenly dumping and dropping -2%, 50-100x margin traders get liquidated both long and short, their accounts immediately go to zero. Once, Big Bing also played with high leverage but then quit. There’s not much more to say about the market, I’ve already called for 80,000 to be bullish, Been saying it for half a month, Bitcoin quickly moved from 75,000 to 79,000, and will soon reach 80,000-81,000, Next, just patiently hold long positions and wait for 80,500 to close the long for profit. I’ve also been calling for ETH to reach 2,500 for a long time.