The Crypto Infrastructure Myth: Why “Build it and they will come” doesn’t work | Bee Network
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Key metrics: (May 5, 4pm -> May 12, 4pm Hong Kong time) BTC/USD rose 10.7% ($94.7k -> $104.8k), ETH/USD rose 39.2% ($1,825 -> $2,540) The market tested the $99-100k resistance area and successfully broke through, taking us to $101-110k with surprisingly little resistance. Overall, while the weekly gain is decent (10.7%), realized volatility is low as there are sellers above the price from profit taking and hedging of long Gamma positions, and price action is very orderly on the way up. The market has risen nearly 40% from a low of $74-75k in a month, which is quite impressive. It also confirms that we are entering the final stage of the trend since September last year. We currently expect the market to consolidate between $92-106k in the next few weeks,…# Analysis# crypto# Exchange# guide# Market# TokenPre
The market paid for the quarrel between Trump and Musk. What will be the subsequent trend?Next
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- Originally Posted by: Saneel Sreeni Original translation: TechFlow Here’s a tweet from Jason Yanowitz: This may be partly inspired by the following two aspects: (1) Many recently launched Lay...