ETHCluj in Cluj

Whole two sentences: Yesterday evening, the market needle to the 3670 line did not break the previous high and fell rapidly, fell to two 3460 support rebounded, showing the strength of the bulls, the probability of falling below in the short term is not large, short-term support to see 3451-3403, the pressure above the four-hour level is obvious, the short-term long and short saw, the upper resistance 3632-3668 break to see 3718-3740 Spot: strax: 1.266, you can also choose to add the cash price in batches, wld：7.599 lina：0.0144 Lottery area ltc：90.92 cvc：0.196-0.167 matic：0.938 sol：172.5 ksm：45.51 xrp：0.586

📅 Crypto Events for Tomorrow 2024/03/26 - $AGI | AMA on X 2024/03/26 - $IMX | Mainnet Hard Fork 2024/03/26 - $STC | Mainnet Launch 2024/03/26 - $CVC | Announcement #Gate Post Highlights##NewYear2024##ContentStar##比特币##BountyCreator##HotTopicDiscussion##GateioBountyCreator##Crypto #

🚀 #Gateio ⬆️ Price Increase 1h $GENS ▴12% $EVADORE ▴11% $PSUB ▴10% $LAVASWAP ▴9% $BAG ▴9% ⬆️ Volume Surge 1h $CVC ▴165% $HERO ▴128% $ZZZ ▴77% $LAVASWAP ▴69% 👉

Recently, music industry celebrity Kanye shared the economic model of his new Token $YZY, which has attracted widespread attention in the crypto world. This model showcases a carefully designed Token distribution plan aimed at balancing short-term Liquidity and long-term development. The allocation strategy of the $YZY Token presents a unique structure: 30% of the tokens have no lock-up period, with 20% allocated for public supply and 10% for increasing Liquidity. This portion will directly enter the market, providing initial Liquidity and trading vitality for the Token. What is more striking is the locked tokens, which account for 70% of the total. These tokens are divided into three team portions, each with different unlocking schedules: Team A portion accounts for 30%, unlocking starts after 3 months; Team B portion accounts for 20%, unlocking starts after 6 months; Team C portion also accounts for 20%, but unlocking will not start until after 12 months. All team portions have a 24-month vesting period, which means that the tokens will be gradually released into the market. Interestingly, the token economics model of $YZY is very similar to another highly followed token, $TRUMP. The main difference between the two lies in the team holding ratio and the public supply: $YZY has 70% held by the team and 20% in public supply, while $TRUMP has 80% held by the team and 10% in public supply. This economic model reflects the project's emphasis on long-term development by delaying the release of most Tokens to stabilize market prices, while also providing sufficient Liquidity for early participants. However, this highly centralized Token distribution has also sparked discussions about the degree of decentralization. As the cryptocurrency market continues to evolve, how new token projects like $YZY will balance short-term market demand with long-term value creation will undoubtedly become a focal point of interest in the industry. Investors participating in such projects should fully understand their tokenomics model and weigh the potential risks and rewards.

Recently, the cryptocurrency market has shown significant volatility, with Bitcoin once touching the key support level of $11,200, causing other digital assets to also adjust. Ethereum fell below the $4,500 mark, triggering a wave of selling that further intensified market uncertainty. Behind this volatility, multiple factors are at play. First, investors are focusing on the upcoming Jackson Hole annual meeting. The market widely expects that the Federal Reserve may implement a 25 basis point rate cut in September, but the latest Producer Price Index (PPI) showing a year-on-year increase of 0.9% may weaken the likelihood of aggressive rate cuts. If Federal Reserve Chairman Powell sends hawkish signals at the meeting, it could put more pressure on the encryption market. Secondly, the tense international political situation has added uncertainty to the market. Recent diplomatic activities have failed to alleviate conflicts and may have instead intensified investors' risk aversion, indirectly affecting the performance of cryptocurrencies. In terms of market sentiment, although call options dominate, low volatility (DVOL at only 2.6%) may indicate potential risks. Investors need to closely monitor the Federal Reserve's meeting minutes on August 20, Powell's speech on August 22, as well as important economic data such as non-farm payrolls and the Consumer Price Index (CPI) set to be released in September. Investors should be vigilant about key price levels regarding short-term market trends. If Bitcoin falls below $11,200, it may further dive to the support level of $10,800. Similarly, if Ethereum cannot hold the $4,000 mark, it may trigger a larger scale sell-off. In this complex market environment, investors need to remain calm, pay attention to macroeconomic indicators and policy trends, and closely monitor the technical performance of major cryptocurrencies to formulate appropriate investment strategies.