EncryptionChapterThree

According to a Reuters survey, two-thirds of economists predict that the Bank of Japan will raise interest rates to 1% before the end of June.
What does 1% mean?
Japan's benchmark interest rate has risen from negative rates all the way to 1%, meaning the yen is no longer "free money." Once the largest source of funding for global carry trades faces higher costs, positions worth hundreds of billions of dollars will be liquidated.
How exactly does this affect the crypto market?
Low interest rates on the yen → funds borrow yen to buy BTC → BTC rises
Interest rate hikes on the yen → borr

According to a Reuters survey, two-thirds of economists predict that the Bank of Japan will raise interest rates to 1% by the end of June.
What does 1% mean?
Japan’s benchmark interest rate has been raised from negative rates all the way to 1%, meaning the yen is no longer “free money.” Once the largest source of funding for global carry trades sees its costs rise, positions worth hundreds of billions of dollars will be closed out—by the hundreds of billions of dollars.
How exactly does this affect the crypto market?
Yen stays at low interest rates → borrow yen to buy BTC → BTC rises
The yen

9 hours, 300 million BLESS tokens transferred out, of which 200 million went directly into CEX, and 50 million cross-chain to BSC to dump. The token price was halved, dropping 55%.
Is there still a need to analyze?
Project team address = team wallet. Transferring into CEX = preparing to sell. Cross-chain to BSC to dump = can't wait anymore, selling on multiple chains simultaneously.
The most ironic thing is, this kind of operation is basically not news in the crypto world. Every few days, project teams dump their tokens, and every time someone shouts "the project team ran away," then the

BTC just fell back below 76,000 yesterday, with funding rates turning fully bearish, and sentiment worsening compared to yesterday.
This is interesting—
Price rises, but positions turn into shorts.
The normal script: break new highs → some shorts stop-loss → price continues to squeeze higher.
Now the script: break 76,000 → fall back → more people add to short positions.
What does this indicate?
The market does not believe 76,000 is the top. It thinks it will fall further.
Funding rates turning negative across the board (usually shorts pay longs, now the opposite) shows that short positions hav

At last, People’s Daily has personally stepped in.
The precision of the call-outs is nothing short of textbook: “Hundredfold Coins,” “Millionaire Earnings Every Month from Coin Trading”—do these sound familiar? This is the everyday “net-casting” content from all kinds of “teachers” and “big Vs” in the crypto world.
The focus isn’t on shouting slogans, but on that line: “driving traffic for black-and-gray industries”—
What does that mean?
You post “contract signal services.”
You post “the wealth-getting code.”
You post “follow along and you’ll surely profit.”
No matter whether you’re truly that

Over the past week, $BASED has experienced a textbook-level bottom reversal: starting from a high of $0.064 on April 6th, it continuously declined to $0.0495, a drop of 23%. Then, after consolidating in the $0.049-$0.055 range for four days, it began a volume breakout on April 12th, breaking through two key resistance levels at $0.060 and $0.066 consecutively, with the highest reaching $0.0739 today, a +49% increase from the low point.
There are several important signals worth noting about this breakout:
① Volume breakout confirms the main force's intention. On the 4-hour chart, a histori

This is no longer "harvesting," it's "driving a harvest machine to plow the fields."
24-hour increase of 241%, the price broke through $10. The entire network experienced a liquidation of 17.67 million in 12 hours, ranking first.
Remember those 30.58 million RAVE tokens? Injected into CEX as a show, making shorts think "whales are about to dump"; then pulled back on-chain while simultaneously pumping, causing a liquidation wave.
And now? After the shorts are liquidated, it continues to rise. Breaking through $10. Who's the next to explode? Those who thought "it's risen too much, it's time to s

The classic “fishing-style” harvesting textbook.
First, deposit into the exchange so it looks like the market maker is unloading, with a clear signal to short. After the short positions are fully built up, withdraw the coins back to the chain at the same time as pushing the price—shorts get strangled in a chain reaction.
To make this scheme work, there are two key points:
First, the liquidity black hole of CEX. Put in 30.58 million coins, and within 24 hours it can attract a large amount of short-selling capital to come in. Small investors only look at the volume, not the intent, thinking, “Th

Options expiration day, once again the familiar script.
24,000 BTC options and 151k ETH options, with a combined notional value exceeding $2.2 billion. Will the market obediently follow the key levels of 69,000 and 2,050?
The Put-Call Ratio is below 1, indicating that bullish sentiment still dominates. But don’t celebrate too early—volatility around expiration is common, and market makers love to harvest profits during this time.
The notional value of $1.94 billion in BTC—if it truly moves toward the pain points—how many traders will get liquidated? On the ETH side, with a notional value of $3

TACO :Trump Always Chickens Out
终会狼来了
#GateSquare @Gate__Square

“TACO Trading” — Trump Always Chickens Out, Wall Street Has Tailored a Trading Strategy for Trump.
The logic is simple: Trump issues tough threats, and the market falls first; once Trump pulls back, the market rises again. So the smart move is— the fiercer he is, the more you buy.
This is probably the most honest market analysis in recent years.
The traditional geopolitical logic goes like this: conflict escalation = risk assets drop, safe-haven assets rise. But “TACO Trading” completely flips this logic—because everyone knows Trump’s script: post a menacing tweet, wait for the market to shake

Visa launches "Intelligent Commerce Connect," which looks like defense but is actually a strategic move.
AI agents for shopping, AI agents for subscriptions, AI agents for automatic procurement—this scenario is no longer just imagination but a reality happening now. The question is: when AI spends money on your behalf, who receives the money, and how? Visa's answer is: it all flows through me.
"Single integration" is the key. One set of APIs, AI developers integrate once, merchants integrate once, and payment, card issuance, risk control, and identity verification are all handled. This is a si

U.S. lawmakers urge the SEC to investigate "suspicious" transactions during Iran war, saying "the speed, scale, and structure of the trades are highly suspicious" — in plain language: someone knew before Trump posted.
On March 23, Trump posted a delay in military strikes against Iran. Just minutes before his post, there was "abnormal trading activity" in oil and stock futures markets. Who was front-running? The answer is obvious, but no one dares to say it out loud.
This scenario is all too familiar. Insider trading on Wall Street is not news; investigations into insider trading are. And what'

Iran will require shipping companies to pay transit fees in cryptocurrency (Bitcoin) for oil tankers passing through the Strait of Hormuz during a two-week ceasefire period, in order to maintain control over the waterway. #Gate广场四月发帖挑战 $BTC

CZ 出书，meme 币跟着起飞——乍一看像笑话，细想其实挺有意思。英文实体书发布，中文版数月后跟上，「币安人生」这个 meme 币顺势冲到近 1 亿美元市值。有人说这是蹭热度、是泡沫，但换个角度想：这正好说明 CZ 和币安的影响力已经破圈了——连出个书都能成为叙事的燃料。meme 币的本质是「共识」，而共识值多少钱，市场说了算。这个币单日成交 2600 多万美元，说明不只是几个大地址在倒手，散户也在参与。大家买的不是书的内容，而是「CZ」这块招牌背后的叙事能量。当然，利好落地之后会怎样，谁都不知道。但至少此刻，这个币证明了一件事：在加密世界里，叙事和注意力本身就是一种资产，而 CZ 无疑是顶级的叙事制造机。书能卖钱，叙事能造富，各凭本事。#Gate广场四月发帖挑战 $币安人生

The US and Iran have agreed on a two-week temporary ceasefire. Are you going long or short?
#GateSquare @Gate__Square

After Bitcoin surged and then retraced to around $71,500, addresses starting with 0x049 continued to open long positions with 20x leverage on BTC, while simultaneously opening 20x leveraged ETH long positions, totaling a scale of $40 million. Meanwhile, Jiang Zhuoer, founder of the LaBit mining pool, announced that he had shorted ETH at $2,242.
These two are headed in completely opposite directions, yet they both probably believe they are right.
The most ironic thing about the capital market is this: both people think they hold the truth, and there is only one truth. The other will be liquidat

A ceasefire agreement has been signed for two weeks, and oil prices are falling first—WTI plunges 15%, breaking below $100. Turns out, the "war premium" was worth at least 15 points, and it’s being wiped out just like that.
But interestingly, while oil prices are dropping, gold and Bitcoin are rising together. Gold is now trading at $4,811, and Bitcoin has also increased by 5.5%, reaching $72,460.
Oil prices fall, gold rises, Bitcoin rises—this script is completely opposite to the textbook. In theory, with geopolitical tensions easing, safe-haven assets should decline, but gold continues to fo