Midday Analysis of the Second Contract$ETH ✅ Long Position Ideas Wait until 2300-2305 stabilizes before lightly trying, target at 2325-2335. ✅ Short Position Ideas Wait until 2325-2335 faces resistance before trying, target at 2310-2300. ✅ Breakout Response Break through 2340, follow the trend long, target at 2380-2397 Drop below 2295, follow the trend short, target at 2260-2250 The 4-hour chart just recovered from a pullback, price is stuck near the middle band of the Bollinger, upper band at 2397 is strong resistance, lower band at 2254 is support, overall oscillating with a bullish bias. The 1-hour chart is moving upward along the middle Bollinger band, short-term bulls are dominant, but indicators have already reached high levels, chasing longs may easily face a pullback. The 15-minute small cycle is already showing some fatigue, indicators are starting to decline, midday is likely to be a high-level consolidation, avoid chasing blindly. #Gate广场五月交易分享 #BTC重返8万 #eth

Deep Tide TechFlow news: On May 09, according to Trader T (@thepfund) data, yesterday Ethereum spot ETFs recorded net inflows of $3.59 million. The funding sources were highly concentrated: only BlackRock’s staking product $ETHB recorded a $3.59 million inflow. For Fidelity $FETH, BlackRock $ETHA, Grayscale $ETHE , and all other products, inflows were zero.

Recently, the market has started to re-discuss stablecoins, and I am increasingly paying attention to products like @FIH_USD1 that follow a more institutionalized approach. The reason is simple: the stablecoin industry has entered its second phase. The first phase was a race to see who could launch first. The second phase is a race to see who more closely resembles the true U.S. dollar system. The structure of USD1, which is now publicly disclosed, is actually very clear. BitGo custody, short-term U.S. Treasury reserves, support with USD cash and equivalents, dual-chain deployment on Ethereum and BNB Chain. These elements alone are not novel, but when combined, they send a very clear signal. The entire industry is shifting from rapid growth to gradually entering a phase of traditional financial compatibility, especially recently when I observe on-chain fund flows, and I feel this particularly strongly. More and more large funds are beginning to focus on the custody capabilities and compliance frameworks behind stablecoins, rather than just yields. Because as market size continues to expand, what truly determines where the funds stay is no longer just APY, but the credit structure. Many people think stablecoins have no more room for imagination, but I believe that the real competition is just beginning. Because the process of bringing the U.S. dollar onto the chain has, in essence, far from ended. (CoinGecko) @Galxe @GalxeQuest @easydotfunX @wallchain @TermMaxFi