ABL阿布辣2020
ABL阿布辣2020
Web3 evangelist and blockchain technology promoter, long-term research on macroeconomics and market cyclical analysis. Pure popular science knowledge, let's communicate and discuss together to avoid stepping on the pit and becoming a leek. Buy mainstream tokens for the long term: Never sell your Bitcoin.
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The cryptocurrency world in recent years can be said to have magnified human nature to the extreme.
You think you are trading,
but in reality, you are battling your own greed, fear, and luck.
During a bull market, everyone feels like a genius,
every random purchase goes up, and once leverage is applied, the world is yours.
Not long ago, there were countless stories about financial freedom,
but now it has turned into a reality show of forced liquidations.
Huang Licheng, 335 liquidations. You read that right,
it's not 3 times, not 35 times, but 335 times.
This is no longer trading; this is being repeatedly educated by the market,
and every lesson is very expensive.
From once making 1.4 billion to now losing 1 billion,
the period in between is not called volatility; it's called a plot twist in life.
What's even harsher is that the account is left with only 30,000 dollars.
The cruelest part of the market has never been whether you will lose,
but rather that it will make you believe you won't lose when you are winning a lot.
Then you slowly increase your position, amplify your leverage, boost your confidence,
and in the end, take everything back in one last go.
Many people laugh at such stories,
but if you break down the elements of leverage, frequent trading, and emotional highs,
it's really just amplifying the mistakes that most retail investors make by 100 times.
The market has never lacked geniuses; what it lacks are those who can survive until the end.
Some people lose because they can't understand trends, some lose because they can't control risks,
but more people lose because they don't know when to stop,
which is very similar to day trading in the stock market, where they always believe they will win.
335 liquidations are not just a record.
It's more like a reminder that if you don't have risk control,
the market will do it for you.
What you earn by luck will ultimately be lost by skill.
$ETH

Oracle (ORCL) is facing massive debt pressure due to AI infrastructure expansion, a hot market topic for 2025-2026, mainly stemming from its huge collaboration with OpenAI.
Book Debt: As of around the end of November 2025, outstanding bonds and other borrowings amount to approximately $108 billion, making it one of the largest debt loads among big tech companies. Long-term debt at the end of fiscal year 2025 was about $92.6 billion, then rapidly increased to over $100 billion (some data shows Q3 FY2026 long-term debt reaching $12.47 billion).
Additional Commitments: There are about $248 billion in future data center lease obligations, with total financial obligations possibly approaching $400 billion in scale.
Recent Financing: Issued $18 billion in bonds in September 2025, planning to lend another $38 billion for OpenAI-related data centers (projects in Texas and Wisconsin). The overall plan for 2026 is to raise $45-50 billion (half debt, half equity).
Market Reaction and Risks
Wall Street Absorbing Pressure:
Banks (such as JPMorgan Chase) find it difficult to share the massive loans, with single counterparty exposure limits pushed to the edge. Some debt is structured as project financing (not directly on Oracle’s balance sheet) but still affects credit perception.
Litigation and Credit Concerns:
In early 2026, bondholders collectively sued Oracle, accusing it of concealing subsequent massive financing plans when issuing the $18 billion bonds, causing bond prices to drop. Credit default swap (CDS) costs surged temporarily, with some bond spreads nearing junk bond levels.
Other Challenges: Data center delays, partner withdrawals (such as Blue Owl), power supply constraints, and whether AI demand can quickly translate into revenue are all market pain points.
$BTC #超级事件周

Short positions have accumulated again and are holding strong
The leading big player can go for a breakout to make some extra profit
Predicting a possible rise this week 📈
$BTC #CLARITY法案:委员会15:9表决通过

EU to Crack Down on Anonymous Finance in 2027:
Cash Limits and Privacy Coins Forced Off Exchanges?
While everyone is still discussing bull markets, ETFs, and stablecoin expansion,
the EU has quietly put the noose around "anonymous transactions."
After AMLR takes effect in 2027, cash payments over 10,000 euros will be restricted,
and privacy coins like Monero and Zcash will face delisting on compliant exchanges.
Is this an anti-money laundering upgrade or the official dawn of European financial surveillance?
Cash Limits Implemented:
The Last Bastion of Anonymity Is Being Dismantled
The most direct impact of AMLR
is pushing large cash transactions under regulatory scrutiny.
Cash once symbolized freedom, speed, and low traceability,
but in the EU's eyes, it is also a hotbed for money laundering and gray funds.
When 10,000 euros becomes a red line, what’s truly restricted
is not just the payment method but the last stronghold of anonymous fund flows.
All large transactions will be forced to leave traceable records.
Increased Pressure on Privacy Coins:
Monero and Zcash Become Regulatory Targets
Privacy coins are now front and center in regulatory focus.
The core value of Monero and Zcash is protecting transaction privacy,
but this also makes them a hot potato for compliant exchanges.
Platforms wanting to stay in the EU market may be forced
to delist highly anonymous assets.
On the surface, this is anti-money laundering,
but in reality, mainstream liquidity is starting to shut the door on privacy coins,
forcing their communities underground,
with price and liquidity under pressure.
Self-Custody Still Alive,
But "Entry and Exit" Points Will Be Tightly Controlled
Self-custody wallets are not directly banned, but the real pressure
will come at the moments of "onboarding and offboarding."
You can hold assets and transfer on-chain,
but when you want to deposit, withdraw, convert to fiat,
or enter centralized exchanges, KYC, source of funds,
and address checks will become stricter.
Anonymity remains, but the channels are narrowing.
Freedom is stuck at the door, regulators control the gate
and thus control liquidity.
This Is Not a Ban on Crypto, but a Watershed Moment for Anonymous Finance
The EU is not trying to eliminate crypto but to bring it
into a traceable, auditable financial framework.
Compliant exchanges and stablecoins may benefit from regulatory advantages,
but privacy coins and anonymous wallets will be pushed to the margins.
The future market will not only be divided by bull and bear,
but also by compliant highways and anonymous underground tunnels.
The era of choosing sides has arrived; don’t just watch price fluctuations,
also watch for changes in the rules.
$ZEC

Huang Licheng's account balance has fallen below 1 million USD
Accumulated losses of 76 million USD since last year
PANews May 14 report, according to Arkham monitoring
Huang Licheng's account balance has just dropped below 1 million USD
He has accumulated losses of 76 million USD since last year
In just the past 3 days, he lost 3 million USD.
The future development direction of US cryptocurrency
The "Digital Asset Market Clarity Act (CLARITY Act)"
Has finally been officially published in full
The US Senate Banking Committee released
A 309-page draft bill on Tuesday
And will hold hearings this week
To push the bill further forward.
What most affects the market nerves is
The controversial provisions regarding "stablecoin yields" remain;
However, the bill also provides legal protection
For DeFi developers
Which has at least temporarily eased the crypto community's concerns.
Even so, many industry insiders
Are scrutinizing the bill's details carefully
Fearing their rights might be sacrificed in the fine print.
Last year's stablecoin regulatory bill, the "GENIUS Act"
Passed the Senate with an overwhelming vote of 68 to 30.
Whether the "CLARITY Act" can replicate last year's success
The coming weeks will be critical.
Whether the big brother can turn things around or face liquidation depends on this
Or whether it will "crash" between turning around and liquidation.
#CLARITY法案今日委员会投票
$ETH

Have you ever played the coin pusher game?
Players carefully push one coin after another
toward the edge of the platform, watching them stack layer by layer,
getting higher and more precarious.
Until at a certain moment, a key coin gently nudges,
and the entire coin tower collapses instantly, clinking and clattering down.
Wealth scatters everywhere; some cheer, some lament.
This arcade game surprisingly resembles the perpetual contract ecosystem in the crypto world.
Whenever market trends become clear, traders start "piling up coins":
Long positions accumulate like pushing coins continuously to the right side of the tower.
During a bullish market, retail and leveraged traders go crazy opening longs.
Open interest rises steadily, funding rates remain positive.
The bulls think they stand atop the pyramid of wealth,
not realizing the tower is already shaking.
Short positions accumulate by pushing coins to the other side.
In bear or consolidation phases, whales and professional traders heavily short,
expecting price pullbacks.
When shorts become overly concentrated, the other side of the tower also starts to lose balance.
This "coin tower" is a metaphor for the entire perpetual contract ecosystem.
It is built from the stacked positions of thousands of traders.
What supports it is not steel or concrete, but leverage, sentiment, and liquidity.
The taller the tower, the greater the potential energy.
Once a sudden price movement occurs—maybe a whale dumping,
sudden negative news, or simply a technical retracement—
a chain liquidation is triggered.
So before the coins have piled into a tower,
most experienced players won’t enter trades.
This is what we call "the trend has not yet formed."
At this stage, most veterans choose to watch,
trade lightly to test the waters, or not enter at all.
Those entering at this time are usually FOMO-driven newbies or speculative retail traders.
They trade based on feelings or community sentiment,
often becoming "fuel for pushing coins" for the whales,
providing liquidity so veterans can harvest more easily later.
$BTC #沃什确认5月15日接任美联储

Last night at 8:30 PM, the CPI was released, clearly a negative factor,
but the BTC price didn't show much movement.
There are a few reasons:
First, much of the current liquidity is in altcoins.
Just look at the recent altcoin sectors topping the gain charts to understand.
Second, the market has actually been prepared for defense for a while.
Over the weekend, it dropped from 82,000 to 81,000,
then slowly hovered around just above 80,000.
To explain with a little story:
A fisherman wants to catch fish, but a child nearby
throws a big stone into the pond, stirring up the water.
The fish in the pond get scared and hide.
Also, some of the fish have already escaped through underground streams to other ponds.
At this point, as a smart fisherman, would you continue fishing
or go home and get some rest?
Explaining with human behavior science:
The motivation behind any action is "profitability."
If there’s no target in the market, would you still make a move?
When hot money is not in BTC spot but speculating in altcoins,
BTC’s sensitivity to a single macro negative factor decreases.
Funds are "swimming in other ponds,"
so BTC’s volatility naturally gets diluted.
With macro data heating up + Fed policy uncertainty,
institutions and smart money tend to watch or operate with light positions.
Without obvious "positive catalysts" (like a clear rate cut path
or major good news), there won’t be large-scale entry;
similarly, expected negative factors won’t trigger panic selling.
It’s not that people fear the CPI,
but that everyone has already dispersed their fish,
waiting for the real "big catalyst."

Major Wall Street institutions' forecasts for the US April CPI show
that the overall CPI year-on-year growth rate is generally expected to be between 3.7%-3.8%,
and the core CPI year-on-year is mostly expected to be 2.7%-2.8%.
The median forecast indicates that the overall CPI month-on-month for April
is expected to rise by 0.56%, year-on-year by 3.7%,
while the core CPI month-on-month is expected to rise by 0.36%, year-on-year by 2.7%.
This is a rebound compared to March's overall CPI year-on-year of 3.3%,
and core CPI year-on-year of 2.6%,
reflecting the market's general expectation that US inflationary pressure
will rise again in April.
The US CPI (Consumer Price Index) is released monthly
and is a core indicator for measuring inflation.
The US Bureau of Labor Statistics (BLS) usually releases it
on the 2nd or 3rd week of each month at 8:30 AM Eastern Time,
which converts to 8:30 PM (Daylight Saving Time)
or 9:30 PM (Standard Time) Chinese time.
It is expected to be announced at 8:30 PM on May 12, 2026.
The market is highly focused on the risk of "inflation returning."
$BTC #美国4月CPI今晚20:30揭晓

In the wave of the digital era, Hawk cryptocurrency soars like a flying bald eagle, symbolizing freedom, power, and infinite possibilities for the future. It is not just an asset on the blockchain, but an extension of a belief— the decentralized spirit of freedom and the pursuit of a fair, open economic system.
As the excitement for the 2026 FIFA World Cup heats up, the bald eagle mascot, symbolizing honor and hope, resonates with the Hawk philosophy. This is not just a cross-industry collaboration, but a new attempt to combine the spirit of sports with the digital revolution. Hawk represents not only speed and sharpness but also the determination to spread its wings on the global stage.
We believe true development comes from a healthy and sustainable ecosystem.
Hawk is committed to building a transparent, secure, and mutually prosperous blockchain environment where every participant can find their place in this sky. From technological innovation to community governance, every step centers on ecological balance, driving long-term value.
Now, Hawkarmy is gathering supporters from around the world.
This is not just a community but a collective of beliefs—fighting for freedom, flying for the future. As the bald eagle soars on the World Cup stage, you can also become part of this force.
Join Hawkarmy, spread your wings with us, and witness the birth of the next era. $BNB

US Prediction Market ETF Review Hits Snag!
24 Products Face "Conflict of Interest" Due to Trump Jr.'s Advisor Role
The US SEC Delays Review of 24 Prediction Market ETFs
Regulators Focus on Pricing Algorithms, Probability Monitoring, and Disclosure
Trump Jr.'s Advisor Role Raises Conflict of Interest Concerns in the Review
In early May, the US Securities and Exchange Commission (SEC) postponed the review of 24 ETFs tracking prediction market contracts from platforms like Kalshi and Polymarket, requesting issuers to supplement product mechanisms and disclosure details. According to CNBC, the delay affects 24 ETFs submitted by issuers including Bitwise, Roundhill, and GraniteShares. Analysts compare this delay to the prolonged approval process of spot BTC ETFs years ago. The SEC's core inquiries focus on "how pricing algorithms translate into ETF share prices" and "how probability changes are monitored in real time."
The 24 Delayed ETFs: Bitwise, Roundhill, and GraniteShares Are the Main Issuers
Structure of the Delayed ETFs:
Underlying Assets: Event contracts from prediction market platforms like Kalshi and Polymarket
Contract Structure: Binary instruments paying $1 if a specific outcome occurs, $0 if not
Themes: Elections, economic recessions, tech industry layoffs, crude oil prices, cryptocurrency trends
Issuers: Bitwise Asset Management, Roundhill Investments, GraniteShares
Scale: A total of 24 ETFs are currently paused at the filing review stage
The core value of these ETFs is to allow retail investors to gain exposure to event contracts without directly opening accounts on Kalshi or Polymarket. For institutional investors, the ETF structure also offers a more familiar tax and custody framework.
SEC's Key Questions:
Pricing algorithms, real-time probability monitoring, and disclosure mechanisms.
Specific Requests from the SEC to Issuers:
Explain how pricing algorithms convert prediction market contracts into ETF share prices
Describe how probability changes are monitored in real time and reflected in NAV
Further disclose product operation mechanisms to investors
Clarify the correspondence between product marketing and actual risks
The SEC has not rejected these ETFs but has only extended the review period. ETF experts believe the delay is temporary and that the SEC simply requires more information; final approval remains the baseline scenario, though the timeline is extended beyond expectations.
Trump Jr. Is an Advisor to Kalshi and Polymarket and Holds Investment Positions in Polymarket
Political and Economic Background of the Delay:
Donald Trump Jr. (Trump's son) serves as an advisor to Kalshi and Polymarket
Trump Jr. also holds investment positions in Polymarket through a certain fund
The SEC must address the relationship between "Trump family interests" and "regulatory independence" during the review
This situation aligns with the conflict of interest provisions in the CLARITY Act reported by abmedia this week—the White House advocates that the provisions should "apply to all officials" and not target any individual specifically; the Trump family's crypto and prediction market interests are a concrete battleground in current US financial regulatory legislation.
This ETF delay resembles the multi-year delay process of spot BTC ETFs—spot BTC ETFs also underwent multiple postponements in 2023 and were only approved in January 2024. The review timeline for prediction market ETFs may be similar, but the exact completion date is not public. Follow-up events to watch include the SEC's deadline for issuers' supplemental responses, the resubmission schedule of Bitwise/Roundhill/GraniteShares after revisions, and whether Trump Jr.'s relationship with the platforms becomes a public issue during the review.
$WLFI $USD1

