Libra1989

🧊 $CHIP: [Bottom Search Phase – Finding a New Equilibrium Point] 📊 Technical specifications: • Observation range: 0.0650 – 0.0720 USDT (Psychological support and short-term resistance area around MA5). • Target: 0.0850 | 0.0960 (Testing previous price areas before the drop). • 🛑 Stop loss: Close candle below 0.0640 (Confirming the continuation of the downtrend to find a new bottom). 📈 Technical analysis: • Structure: Strong correction after listing (Post-Listing Correction). Since the peak of 0.0965, the price of $CHIP has gone through continuous declines and is currently trying to establish a base around 0.0696. • Signal: The current price (0.0696) is below the MA(5) line (0.0718). The candle structure shows that selling pressure is still present but has shown signs of slowing down with a small green candle (+1.04%) in the most recent session. • Volume: The 24h trading volume reached $51.32M, a quite impressive figure indicating the high liquidity of this token. However, the red Volume bars still dominate in the short term, requiring more time for demand to absorb the released supply. 💎 Project backers (Backer & Partner): • Position: CHIP is an emerging project, attracting significant attention due to its connection with over 7,500 other tokens in the infrastructure ecosystem. • Backer & Partner lineup: The project is supported by Web3 infrastructure partners and early-stage venture capital funds (Early-stage VCs). The extensive connection with thousands of tokens shows that CHIP plays a crucial "link" role in connecting or providing cross-services between projects. • Support network: Actively listed and traded on major platforms, fully supporting tools from Spot to Futures, enhancing the market position of the project. 🚀 Expectations & Strategy: During this phase, the safe strategy is to Observe (Waiting). Need to wait for the price to break out and close candles steadily above 0.0720 (exceeding MA5) to confirm a short-term recovery. With abundant liquidity, $CHIP has the potential to rise very quickly if the overall market shows positive signals. Personal technical view, not investment advice.#PowellFinalFOMC

⚡ $BASED: [Sustainable Accumulation – Waiting for the Next Push] 📊 Technical parameters: • Observation range: 0.0870 – 0.1050 USDT (Strong support area around Cost Price and the MA25 line). • Target: 0.2500 | 0.3224 (Re-testing the previous peak established in April). • 🛑 Stop loss: Close the candle below 0.0495 (Confirmation bottom area breaks the growth structure). 📈 Technical analysis: • Structure: Stable uptrend. After the explosive surge to the peak of 0.3224, the price is undergoing a healthy correction and forming an upward accumulation base above the moving averages. • Signal: The MA(7) (0.1343) has crossed far above the MA(25) (0.0985). The current price (0.1386) is testing the demand force at the MA7 area, indicating that the short-term uptrend is still intact. • Volume: Trading volume reached 17.04M USDT. Although there is a decrease compared to the previous explosive session, large capital flows are still maintaining their holding position, and selling pressure is not too strong. 💎 Project backers (Backer & Partner): • Position: Based AI is a Layer 1 infrastructure protocol optimized for large language models (LLM) and edge computing on the BSC chain. • Tier 1 Backer lineup: The project has received strategic support from a16z Crypto, Polychain Capital, and Coinbase Ventures – funds with a long-term vision of the intersection between Blockchain and artificial intelligence. • Support network: Thanks to backing from top-tier funds, $BASED maintains abundant on-chain liquidity (Chain.Lq) at 2.01M USDT with over 3,042 Holders. • Role: Backers play a crucial role in providing technical infrastructure and connecting the project with leading AI research labs globally, helping the project's FDV reach 138.68M USDT. 🚀 Expectations & Strategy: Prioritize the Hold & Accumulate strategy around the range of 0.1200 - 0.1350. With the combination of pioneering AI technology and reputable backers, $BASED is expected to soon break out of the current accumulation range to conquer higher price levels. Personal technical view, not investment advice.#PowellFinalFOMC

⚡ $EDGE: [Maintain Position – Accumulate at the Peak] 📊 Technical specifications: • Observation range: 1.1648 – 1.3254 USDT (Dynamic support zone converging between MA7 and MA25). • Targets: 1.5580 | 2.1000 (Reclaiming the recently established ATH and expanding the growth range). • 🛑 Stop loss: Close candles below 1.0000 (Important psychological support zone). 📈 Technical analysis: • Structure: Strong uptrend. After a parabolic increase from the bottom of 0.4000, the price is moving within a sustainable bullish structure with higher lows. • Signals: The MA(7) line (1.3254) remains above MA(25) (1.1648), indicating that the short and medium-term uptrend shows no signs of breaking. Currently, the price (1.3161) is experiencing a slight correction to accumulate after hitting resistance at the peak of 1.5580. • Volume: Trading volume reached 13.95M USDT. Although there is a slight decrease compared to previous explosive sessions, active buying pressure remains strong at price correction levels near MA25. 💎 Project backers (Backer & Partner): • Position: EdgeX is a specialized infrastructure platform for edge computing and scaling solutions for the BSC ecosystem. • Tier 1 Backers: The project is backed by reputable investment funds such as Binance Labs, Jump Crypto, and Dragonfly Capital. The involvement of these funds not only brings financial resources but also strong technological support. • Support network: With backing from the BNB Chain ecosystem, $EDGE maintains impressive on-chain liquidity (Chain.Lq) at 1.44M USDT with over 978 large long-term holders. • Role: Backers play a key role in connecting EdgeX with global hardware infrastructure partners, helping the project's FDV reach 1.32B USDT and actual market cap reach 460.8M USDT. 🚀 Expectations & Strategy: Prioritize the Hold & Buy on Dip scenario (Buy when prices correct) around the range of 1.2000 - 1.2800. With the edge computing technology platform being a trend and the support from a "strong" backer team, $EDGE is expected to soon break through the 1.5580 mark to establish a new peak. This is a personal technical perspective, not investment advice.#PowellFinalFOMC

🧱 $BSB: [Super Growth Cycle – Setting New Highs] 📊 Technical parameters: • Observation range: 0.3578 – 0.6807 USDT (Dynamic support zone converging between MA25 and MA7). • Targets: 1.2500 | 1.8000 (Fibonacci extension targets after conquering the ATH peak). • 🛑 Stop loss: Close candle below 0.1500 (Zone breaking the mid-term growth structure). 📈 Technical analysis: • Structure: Parabolic Uptrend (Steep growth). Since establishing a solid foundation around 0.0733, $BSB has entered a phase of extremely strong price push, continuously breaking through resistance levels to peak at 0.9395. • Signals: The moving averages are widening with a very steep slope. The MA(7) (0.6807) maintains a significant distance from MA(25) (0.3578), indicating that buying momentum (Bullish Momentum) is at its maximum state. The current price (0.8396) is maintaining a positive green (+19.59%). • Volume: Trading volume reached 6.89M USDT with the buying volume column (green) dominating in recent sessions, confirming that large capital is flowing into the project. 💎 Project backers (Backer & Partner): • Position: Block Street is a specialized infrastructure platform for digital real estate and RWA (Real World Assets) on the BSC chain. • Tier 1 Backer lineup: The project has received strategic backing from Coinbase Ventures, A16Z (Andreessen Horowitz), and Binance Labs. The presence of these "big players" affirms BSB's leading position in the RWA sector. • Support network: Thanks to the reputation from the backers, $BSB maintains excellent on-chain liquidity (Chain.Lq) at 2.22M USDT with a loyal holder base of 55,094 Holders. • Role: The backers not only provide capital but also connect the project with traditional real estate funds, helping the project's FDV reach an impressive milestone of 841.22M USDT and actual market cap of 174.76M USDT. 🚀 Expectations & Strategy: Prioritize a tight Hold strategy. A safe position increase (Buy more) is when the price has a technical correction towards the MA7 (around the 0.6800 mark). With the RWA trend booming, $BSB expects to soon conquer the 1 billion USD market cap milestone. This is a personal technical view, not investment advice.#PowellFinalFOMC

TOM LEE'S BITMINE INCREASES WITH A LARGE AMOUNT OF ETH STAKED Tom Lee's Bitmine (@BitMNR) has staked an additional 106,200 $ETH, worth approximately $244 million. This brings the total amount of ETH staked to over 3.9 million tokens. About 77% of their total holdings are currently locked in staking. The large-scale staking continues to reduce the circulating supply in the market.#DailyOrbit

BITCOIN ETFs REPORTED OUTFLOW OF $263 MILLION, ENDING A 9-DAY INVESTMENT FLOW The spot Bitcoin ETFs in the U.S. reported a net outflow of $263 million, ending a 9-day investment flow that had attracted over $1.1 billion in new capital. @Fidelity's $FBTC led the outflow with approximately $150 million withdrawn, while @Grayscale and @ARKInvest's ARKB also recorded significant redemption amounts. The decline extended to Ethereum products, where the spot $ETH ETFs lost $50.48 million, with @BlackRock's ETHB being the only fund to record a net investment inflow. This reversal occurred despite strong trading volumes continuing across the board, indicating that institutions are taking profits after the strongest price surge for $BTC in April since 2020 rather than capitulating. Next week will test whether this is a rotation or the beginning of something deeper, with Hormuz tensions, FOMC statements, and Q1 earnings reports from major large-cap players all being ongoing catalysts.

BITWISE INVESTMENT DIRECTOR SAYS STRC'S STRATEGY IS THE DRIVING FORCE BEHIND BITCOIN'S 20% RISE The approximately 20% increase in Bitcoin from its February lows to around 76,000 USD has been led by @Strategy, a company that has added 7.2 billion USD bitcoin:native in the past eight weeks. Bitwise's investment director Matt Hougan (@Matt_Hougan) calls this the single largest driver of the price surge in today's weekly memo, surpassing 3.8 billion USD in net inflows into ETFs since March 1 and the recovery of purchases from long-term investors. The funding mechanism is STRC, a perpetual preferred equity instrument designed to trade close to 100 USD per share with a high dividend yield. Strategy has raised the yield from 9% at launch to the current 11.5% to keep this instrument anchored near its target. Dividends are primarily paid from new STRC fundraising rather than operating cash flow. Hougan dismisses the Ponzi framework. STRC sits above common shareholders in the capital structure and is backed by Strategy's 63 billion USD bitcoin position, compared to 8 billion USD in debt and 14 billion USD in preferred equity. Total obligations currently account for 33% of the bitcoin holdings. The remaining room to run depends on that ratio. Hougan marks 50% as the level at which investors start asking tough questions, leaving room for an additional 10 to 15 billion USD of STRC issuance at the current bitcoin price. With junk bonds yielding below 7% and investors fleeing private credit, he expects the 11.5% STRC backed by a bitcoin cushion of over 40 billion USD will continue to find buyers.#DailyOrbit

CFTC SUES THE STATE OF WISCONSIN OVER MARKET PREDICTION CRACKDOWN, FIFTH STATE LAWSUIT @CFTC has sued the state of Wisconsin and its top officials today, arguing that the state has violated federal exclusive jurisdiction over prediction markets. The lawsuit, filed in the Eastern District Court of Wisconsin, aims to prevent Wisconsin from enforcing gambling laws against platforms regulated by the CFTC. Wisconsin becomes the fifth state to face a lawsuit from the CFTC, following Arizona, Connecticut, and Illinois on April 2, and New York last Friday. Wisconsin Attorney General Josh Kaul filed his own lawsuit against Kalshi, Polymarket, Robinhood, Coinbase, and Cryptocom on April 23, accusing these platforms of operating illegal sports betting under the guise of "event contracts." CFTC Chairman Michael Selig stated that states cannot circumvent the clear directive of Congress, emphasizing that the CFTC's authority over swap contracts is exclusive under the Commodity Exchange Act. The Third Circuit Court of Appeals ruled in favor of the CFTC on the same issue against New Jersey earlier this month.#DailyOrbit

STRATEGY LAUNCHES SHAREHOLDER VOTE ON SEMI-MONTHLY DIVIDEND CONVERSION @Strategy has launched a shareholder vote today regarding the amendment of the perpetual preferred stock STRC to pay dividends semi-monthly instead of monthly, according to a post on X by @saylor. The annual interest rate remains at 11.5%, with each payment being cut by about half and distributed every two weeks. The vote will end on June 8 at the company's annual meeting. If approved, the record date for the first semi-monthly dividend is June 30, with the first payment on July 15. Strategy describes this change as a way to stabilize the $100 par value of STRC, reduce cyclicality, and shorten the reinvestment lag for holding shareholders. The unpaid par value of STRC stands at $6.4 billion according to the proxy statement dated April 17. Strategy uses the proceeds from STRC to buy bitcoin and currently holds over 762,000 native bitcoins. If shareholders approve, $STRC will become the only semi-monthly dividend-paying preferred stock in the U.S. market, compared to 921 quarterly payments and 32 monthly payments according to Strategy's investor presentation. This schedule aligns with the typical U.S. bi-monthly payroll cycle.#DailyOrbit

OPENAI EXPANDS RELATIONSHIP WITH AWS ON AI AGENTS PLATFORM AS MICROSOFT'S EXCLUSIVITY WEAKENS AWS (@awscloud) announced what they are calling a major expansion of their partnership with OpenAI today at the What's Next with AWS event in San Francisco. The companies will jointly develop a new platform for AI agents that can perform computer-based tasks on behalf of people. Sam Altman (@sama) spoke at the AWS event via a pre-recorded video while he appeared in federal court in Oakland, across the bay, for the civil trial initiated by Elon Musk. OpenAI's Chief Revenue Officer, Denise Dresser, spoke live on stage alongside AWS CEO Matt Garman, AWS CMO Julia White, and AWS distinguished engineer Anthony Ligouri. OpenAI will continue to pay Microsoft a percentage of revenue capped until 2030 under restructured terms. Microsoft remains OpenAI's primary cloud partner, and OpenAI products will be released first on Azure unless Microsoft cannot or chooses not to support the necessary capabilities. Altman suggested that AWS now has those capabilities. Altman stated that systems need to run reliably and robustly, need to scale, and need to fit into the environments that customers have trusted for their most critical workloads. This partnership reflects OpenAI's broader cloud diversification strategy alongside AWS, Google Cloud, and Oracle as the company moves towards an IPO with a valuation of $852 billion.#DailyOrbit