EthCC 2025 in Cannes

#山寨季会很快到来吗？# Let's classify AI-themed coins Ultraman Investment: WLD, ARKM Pan · AI video: RNDR, LPT, VRA Old AI hype: NMR, FET, AGI, OCEAN New AI hype: NFP, AI, XAI AI X Oracle Machine: GRT, RLC Domestic Ai plate Coin: CTXC, MDT, IQ, RSS3

Good ☀ 👍 🍗🍗🌹🌹 morning ☆ Bit币小周期的反弹表现还是较为明显,昨日一轮探底62800区域后反弹,高位触及64700附近also also 连续承压,此位置也是关键承压点,既是上一次的起fall点也是下行趋势线的压制点,so 保持顺势原则,日内思路上还是继续关注64700附近压制,从目前走势上来看,周尾的动作呈强势节奏运行,日线级别形成下探回升的蓄势上up, in just three days walked out of 8000 bong of pulling up, the volatility is fierce, short 间拉大, 来回追复。 但市场的之律有涨有fall,再go 过分pursue 单边ruthless容易碰wall,且目前四小时的走势上已经出现承压縮放,反弹动能开始减弱,价格有走低的表现,long头量能有所放缓,短期来看在衝高之後後,目前正处于一个回调阶段,所以我们日内思路依旧是先看回调再去进行go long安排。 ☆ Yesterday's Ether slightly high, there was a giant bream again, but the river can form a resultant force, the high 3171 quickly fell back, overnight Mei Yi 2 degree 测度 3167 again blocked, 说明在3180一线有强resistance,目前联动大饼开始上行,Ether在没有独立叙事的情况下,市场的资金只会选择大饼,BTC才是最底层的共识,ETH仅仅是altcoin加强版,选择持久的确定性仍然是选择大饼。 日线级别目前KDJ和MACD指标上涨幅度对比白天是略有加强,BOLL中当前币价也是站在了中轨上方,同时上轨出现了小幅的开口欲望;操作上,短线仍然是围绕 3100-3200 窄幅振荡,如果后续放量突破3180-3220,可顺势追long,低吸关注3080-3100 这个区间 ☆ At present altcoin the rise of the , the AI is going to be again, and the average number of AI GPT4 has increased by more than 3 times. 这次还是值得期待的。 WLD、ARKM等已经first 表现了。 赛道龙头 RNDR, FET, TAO, AGIX and other small ladies also long pay attention to people on the line, optimistic about ambush and waiting, 别fall的时候dare not beg, fearful and fearful, 涨了的时侯 desperately chase,

The turmoil in the financial world has never ceased. Looking back at the global financial crisis of 2008, many watched as their decades of savings and hard work went to waste. When Lehman Brothers became the first domino to fall, we began to realize that banks are not neutral service providers, but more like machines for capital operation, which may not be able to protect the interests of users at critical moments. The collapse of Silicon Valley Bank in 2023 further revealed the vulnerabilities of the traditional banking system. In the face of interest rate hikes by the Federal Reserve and the devaluation of long-term bonds, banks found themselves without enough cash to cope when depositors withdrew their funds en masse. This event once again proved that in the traditional banking system, what you call 'savings' has actually become a liability for the bank, rather than an asset that truly belongs to you. In the face of these periodic financial storms, we have long awaited a solution that can truly replace the traditional banking system. It was not until the emergence of Spark that this vision first showed a systematic outline. Spark, as an innovative construct of decentralized finance, addresses three core issues through its unique design: credit creation, liquidity adjustment, and interest rate setting. Its vision is not only to replace existing lending platforms but also to integrate the stablecoin issuance capabilities of MakerDAO, the lending mechanisms of Aave, and the asset deployment strategies of professional hedge funds. This is not just a simple on-chain bank, but a fusion of on-chain central banks, commercial banks, and investment banks, migrating the complete financial system to a blockchain world that is visible, verifiable, and participatory in governance. How does Spark address the pain points of traditional banks? In conventional financial institutions, your funds are just numbers on the bank's ledger, and the actual rights of use belong to the bank. In the Spark system, all collateralized assets are held on-chain by smart contracts, with liquidation rules encoded in the code, eliminating the risk of human interference or misappropriation. Spark also introduces a transparent interest rate mechanism, where the lending rates for USDS and USDC are determined through Sky governance voting, ensuring predictability, adjustability, and transparency. This is similar to central banks announcing benchmark interest rates, but the decision-making power is in the hands of the community. The liquidity of Spark comes from the stablecoin reserves directly injected by the D3M module, equivalent to having a central treasury support, but this 'treasury' is visible to everyone, and its usage is determined collectively by the community. At the same time, Spark's SLL mechanism deploys liquidity to high-quality protocols such as Curve, Aave, and Morpho, using smart monitoring tools to dynamically balance returns and risks, forming an on-chain hedge fund system that responds to the market in real-time and automatically adjusts positions. All profits are used for dividends to holders of (sUSDS). If you choose to deposit funds into Spark instead of a traditional bank, you will experience a fundamental difference: - The funds are truly controlled by you. - Interest is not determined unilaterally by the bank, but is jointly established through the governance mechanism. - Earnings come from profits actively obtained by the protocol, rather than being transferred from other users. - The risk control mechanism is clearly defined through smart contracts, rather than relying on the expertise of banks. - In extreme cases, the system relies on on-chain asset automatic liquidation and self-repair, rather than waiting for external assistance. Spark is rising from the ashes of past financial black swan events, rebuilding the financial order. It is not simply applying blockchain technology to banking, but rather restructuring the entire banking system into a new financial order characterized by user autonomy, self-custody, and self-defined risks and rewards. In this new system, there are no privileged institutions that are "too big to fail," and no ambiguous operations that turn depositors' funds into liabilities. Every transaction is traceable, every governance decision can be voted on, and every interest rate is open and transparent. From Maker's lineage, the resources of the Sky ecosystem, the evolution of DAI to the establishment of USDS, and then to the deployment capabilities of SLL and the equity model of SPK, Spark is building the first systematic, governed, profitable, and moat-equipped comprehensive on-chain financial institution in a decentralized world. This is not only a response to past financial collapses but also a prototype for the future financial order, representing our relentless pursuit of a more transparent and equitable financial system.

To sum up what to do when the market dips