AMA on X

In-depth Study of Full-Chain Games: Centered on Native Encryption, Is It a Bubble or a Revolution? Full-chain games have recently gained a lot of attention, with the Pass card of Sky Strife FOMOing to 21,000 ETH on the testnet, sparking interest from non-full-chain gamers in this track. Since the release of "Pong" in 1972, the gaming industry has undergone tremendous changes, evolving from classic 8-bit games to today's complex online games, and gaming is no longer just simple entertainment. With the development of blockchain technology and encryption, the gaming industry is reshaping user experience in unprecedented ways. From Axie Infinity, which closely integrates games with the encryption economy, to Stepn, which focuses on social innovation, blockchain games are expected to drive the large-scale application of encryption technology. People are beginning to explore new ways to combine games and blockchain, asking whether more elements can be brought on-chain in addition to asset tokenization.

Soland is an innovative project within the Solana ecosystem, combining ZK, POW, and POS, and adopting a unique Mining algorithm. The project is currently in its early stages and has launched an incentive Airdrop activity, allowing users to participate at zero cost and receive the token SLD. Soland's token economic model and participation methods are relatively user-friendly and worth following.

The crypto assets market has recently sparked considerable deep thinking among industry professionals. Some believe that Ethereum (ETH) may replicate Bitcoin's (BTC) historical trajectory, a viewpoint that deserves our careful analysis. Looking back at March this year, when Bitcoin dropped from $100,000 to $70,000, institutional investors like MicroStrategy continued to increase their holdings, while retail investors sold off in fear. This phenomenon of chip transfer seems to be reoccurring in the Ethereum market. Currently, many users who have staked Ethereum are queuing to unstake, preparing to sell. This group includes retail investors as well as some large holders. Compared to Bitcoin's 20% volatility, Ethereum's volatility could expand to around 30%. It is worth noting that after the Bitcoin ETF funds completed their positions, they underwent a six-month adjustment period. In contrast, the adjustment period for Ethereum may be shorter. During this process, we may see the chips in the hands of early participants (OG) gradually transferring to institutional investors. For investment strategies in Ethereum, one viewpoint is to start buying at -20% and go all in at -30%. At the same time, some Ethereum institutional investors, similar to MicroStrategy in the Bitcoin space, seem to be continuously increasing their holdings. Overall, institutional investors' interest in Ethereum seems to be on the rise, which may lead to an accelerated Bitcoin-like trend for Ethereum. However, there are still many uncertainties regarding the future direction of the market, and investors need to carefully assess the risks.

Follow the latest market trends of Bitcoin, which is currently showing a clear trading range oscillation pattern. It is worth noting that the important strength and weakness dividing line of 114000 has been regained, bringing positive signals for the future market. Traders should focus on the key price levels of 116000 and 112000, which respectively form the upper and lower boundaries of the current trading range. Especially the support level at 112000, its importance cannot be ignored, and it is likely to be a key factor in determining short-term trends. In terms of trading strategy, it is recommended to flexibly adjust based on the price's position within the trading range. If it can break through the upper boundary of 116000, investors can set their sights on higher levels. Specifically, previous trend lines can be referenced and viewed as initial target points after the breakout. Overall, the current Bitcoin market presents certain structural characteristics. Investors need to closely follow the interaction between prices and key positions, while remaining vigilant and prepared to respond to potential breakouts or pullbacks.

In Futures Trading, many people are attracted by the huge profits of high leverage, but overlook the enormous risks that come with it. High leverage not only amplifies profits but also increases risks exponentially. This practice often stimulates the desire to get rich overnight, leading to irrational momentum investing behaviors, which may ultimately result in missed gains or miss out. Moreover, under high leverage, every point of fluctuation can lead to significant profit and loss, often exceeding the psychological tolerance of most traders. Even if the direction of the position is correct, it may result in premature liquidation due to an inability to withstand severe fluctuations, or even reverse operations, turning what should have been a profitable position into a loss. The recent significant market correction is a perfect example. Bitcoin has corrected nearly 7000 points, and Ethereum has corrected 600 points. In this situation, highly leveraged long positions are almost impossible to withstand; even if the funds allow, psychological pressure will force traders to consider cutting losses rather than averaging down or waiting for a reversal. In contrast, low leverage allows traders to stay clear-headed, rationally viewing each round of rises and falls, without being swayed by emotions. This enables better judgment on when to stop loss and when to increase positions, with decisions more based on technical analysis rather than impulsive reactions. Overall, high-leverage trading relies more on luck and emotions, while low-leverage trading depends more on rationality and technology. We should remember that in the cryptocurrency market, survival is more important than short-term high returns. There may be opportunities in the future that are hundreds or even thousands of times greater, the key is to survive long enough to wait for that day. My personal advice is to consider using higher leverage only when the market situation is very clear. For example, I recently opened a long position on Ethereum, using low leverage and continuously averaging the price, and I have already achieved profits. This strategy allows participation in the market while effectively controlling risk. Remember, a person can only earn money that matches their understanding. Leverage not only amplifies profits but also magnifies risks. In this opportunity-filled world of cryptocurrency, maintaining rationality and patience is essential to truly capture long-term substantial gains.