Lei06

Journey to the Land of the Samurai: Matsumoto's Black Castle and the Kiso Horse Road. Two Keys to the Samurai Era ⛩ 🌸 Explore the rich history of two iconic landmarks from Japan's samurai era: 🏯 Matsumoto Castle—known as the "Crow Castle" for its striking black exterior, this fortress is one of Japan's most beautiful and best-preserved original castles. Built in the late 16th century, it offers a glimpse into the military and political landscape of feudal Japan. 🏞️ Kiso Valley—famous for its historic Nakasendo Trail, this mountain route was a vital link between Kyoto and Edo (Tokyo). The well-preserved post towns along the way provide a unique perspective on the daily lives of samurai and travelers. 💡 Fun Fact: Matsumoto Castle is one of only 12 original castles in Japan that still retain wooden interiors and defensive structures, making it a rare and precious historical treasure.

Up 10%. Then a large group rushed in to short, thinking it had peaked. I opened a long position. HYPE current price $46.07, UTC today +10.15%. 24h high $47.25, 24h low $41.34. Now look at the long ratio over the past 10 hours: 57.44% → 57.44% → 56.75% → 56.75% → 56.16% → 56.16% → 55.56% → 55.44% → 55.44% → 52.59% (latest) 10 hours ago: 57.44% longs. Now: 52.59% longs. Dropped nearly 5 percentage points. HYPE keeps rising, but the long ratio keeps falling — the new positions coming in are mostly shorts. Plainly put: it rose 10%, this group said "too high, it will fall," and rushed in to short. Now look at the OI, 10-hour trend: $209 million → $212 million → $218 million → $219 million → $223 million → $242 million → $254 million → $252 million → $256 million → $255 million (latest) In 10 hours, OI rose from $209 million to $255 million, up $45.65 million, +21.8%. The two hours from 02:00-03:00 UTC were the strongest, OI surged $32 million in those two hours — that was when this batch of new shorts massively entered. Then the funding rate: -0.000232, negative funding rate. Negative funding means: shorts are paying longs. These shorts are paying holding costs every hour, letting longs get paid for free. Current situation: HYPE rose 10% today, but shorts increased from 42.56% to 47.41%, OI hit a 10-hour high, and shorts are paying funding to support longs. These shorts’ cost is around $43-$46, their stop loss is just above $47.25 — today's high. Once $47.25 breaks, these shorts will start concentrated stop losses, and the short positions within the $255 million OI will start bleeding — that’s the real acceleration phase. Entry: $46.07 Stop loss: $41.00 (break below today's low structure) Target 1: $50.00 Target 2: $55.00+ Shorts 47.41%, OI +21.8% in 10 hours, negative funding with shorts supporting longs — opened long, waiting for their stop loss. $HYPE

The brakes were applied just in time, not letting a life be lost 😱

Are you playing bumper cars?

ETF inflows strengthen bullish momentum, Dogecoin targets a 27% rise Dogecoin holds a key weekly support level while aiming for a potential 27% rebound. DOGE ETF inflows have continued for three consecutive weeks, easing broader selling pressure. The Bollinger Bands structure highlights a target level of $0.139, while bulls defend the $0.105 support level. Dogecoin remains strong.

Zhang Xue Motorcycles wins the Czech round again! Securing the fifth championship 🏆! In the WSBK Czech round SSP category second race, Zhang Xue Motorcycles' rider #53, Derbis, continued to lead and ultimately won the race championship. This is his fifth win of the season and the second time he has won two consecutive days of championships at the same event! Zhang Xue Motorcycles is amazing! Let's all congratulate Zhang Xue Motorcycles and Valentin Derbis!

The crypto market has slightly rebounded, but funding rates indicate that BTC and ETH remain firmly in bearish territory, with market sentiment subdued. On May 17, according to HTX market data, Bitcoin is currently priced at $78,462.57, up 0.70% in 24 hours; Ethereum is at $2,194.54, up 1.00% in 24 hours. Despite the slight price recovery, current mainstream CEX funding rates show that both BTC and ETH are overall in bearish zones, with insufficient market willingness to go long. For BTC, platform funding rates are concentrated below 0.001%, well below the 0.005% bearish threshold; platforms like OKX are slightly higher but still in bearish territory, indicating a clear overall bearish signal for BTC. For ETH, most platform rates are also low, with ETH's bearish pattern basically consistent with BTC. Funding rates are fees set by cryptocurrency trading platforms to maintain balance between contract prices and the underlying asset prices, typically applied to perpetual contracts. They represent the fund exchange mechanism between long and short traders; the trading platform does not collect these fees. They adjust the cost or profit of holding contracts to keep contract prices close to the underlying asset prices. When the funding rate is 0.01%, it represents the baseline rate. When the funding rate is above 0.01%, it indicates a generally bullish market. When the funding rate is below 0.005%, it indicates a generally bearish market. $BTC $ETH

Short-term Bitcoin holders are selling on rallies rather than continuing to hold. Bitcoin has recently tested the $82,000 level three times but has retreated each time. During each rebound, the STH-SOPR indicator rises to around 1.0 before weakening again, indicating that short-term holders are taking profits during the uptrend instead of holding on. The $82,000 level is not only a key technical resistance but also an important market behavior-based selling pressure zone, forming a strong resistance area.

Large-scale capital outflows from the fixed income market may be a medium-term positive for Bitcoin On May 17, Bitcoin recently fell below $79,000, after facing significant selling pressure near $82,000. Currently, BTC's movement is highly correlated with the US small-cap stock index, indicating it is still viewed by the market as a "risk asset" rather than a safe haven. The escalation of the situation in Iran, rising oil prices, and concerns about a global economic recession continue to suppress market risk appetite. Meanwhile, Bitcoin perpetual contract funding rates have recently turned negative, indicating a clear lack of leveraged long demand and a cautious attitude toward short-term gains. However, in the medium term, large-scale capital outflows from the fixed income market may actually benefit BTC. $BTC

Macroeconomic pressures drag Bitcoin below $79,000, but outflows from the fixed income market may provide medium-term benefits On May 17, after Bitcoin was rejected at $82,000 on Friday, it rapidly fell below $79,000, moving in close sync with the US small-cap index, indicating that macro factors are the main drivers of this decline. The Russell 2000 index, which covers small and medium-sized enterprises with higher capital costs and greater sensitivity to interest rate trends, shows a high correlation with Bitcoin, suggesting the market currently classifies Bitcoin as a risk asset rather than a safe haven. Bitcoin perpetual contract funding rates turned deeply negative on Thursday and remained near 0% on Friday, with long leverage demand continuously absent—this indicator has been below the neutral threshold of 6% for several weeks, and multiple attempts to break $82,000 have failed to boost market confidence. Macroeconomic pressures continue to accumulate: the US-China talks disappointed the market, with no concrete tariff agreements reached except a commitment to accelerate US agricultural exports over the next three years; meanwhile, the ongoing Iran conflict continues to weigh on market sentiment, with Brent crude oil prices jumping from $99 to $106 over the past week, further exacerbating inflationary pressures. Additionally, the inflation-adjusted Shiller PE ratio shows the S&P 500 is currently only about 5% below the peak of the internet bubble in January 2000, indicating a clear contraction in overall market risk appetite. However, the large-scale sell-off in the fixed income market may provide medium-term support for Bitcoin. Japan's 10-year government bond yield has risen to its highest level in over 20 years, and the Eurozone 10-year government bond yield has jumped to 3.18%, a 15-year high. Analysts believe that to counter recession risks, central banks may be forced to inject liquidity, and funds exiting fixed income may eventually seek other asset allocations, with Bitcoin expected to benefit from this.