Jia Lilly

Gold traded close to $5,060/oz, giving back early strength after upbeat U.S. labor data cooled hopes for a rapid Federal Reserve pivot. January nonfarm payrolls jumped to 130K — sharply above both December’s revised 48K and the 70K consensus — while unemployment dipped to 4.3%. Wage pressures stayed firm too, with average hourly earnings rising 0.4% MoM and annual growth reaching 3.7%, reinforcing the view that the Fed can afford patience.
Stronger employment metrics nudged rate-cut expectations further out, with markets now eyeing July rather than June for a fully priced 25-bp move. Treasury yields firmed on the shift, limiting upside momentum in bullion. Still, gold’s broader structure remains constructive: prices sit near multi-week highs, supported by expectations of policy easing later in 2026, ongoing geopolitical risks, and steady official-sector demand. China’s PBoC continued accumulating gold, reinforcing a longer-term floor. The result is a balanced backdrop — short-term pressure from resilient U.S. data, but durable structural demand keeping XAU resilient.
#gold #GOLD_UPDATE $XAU

Everybody in crypto loves talking about payments. Fast payments, cheap payments, global payments. But here's what almost nobody mentions: moving money between chains still feels like crossing a border with paperwork. You need tokens you didn't ask for, gas fees that spike without warning, and enough patience to sit through confirmation times that make bank wires look modern.
Plasma has been quietly building a stablecoin-focused L1 that already handles zero-fee USDT transfers on its own network. Over 7 billion in stablecoin TVL sitting on-chain, Plasma One card gaining daily active users, sub-second finality humming along in the background. That foundation is real and it's working. But the honest limitation has always been what happens when money needs to leave. Cross-chain has been the weak link not just for Plasma but for every chain pretending payments are their thing.
That's why the upcoming HOT Bridge matters more than most people realize.
HOT Bridge isn't built like a traditional bridge where validators lock your tokens on one side and mint them on another. That old model is basically a honey pot with extra steps. Instead, HOT Bridge runs on NEAR Intents, which is a fundamentally different architecture. You submit an intent, basically a plain statement like "move 1000 USDT to Ethereum." Solvers in the network see that intent and compete to fulfill it. The winning solver prepays all gas costs, routes the transaction through the optimal path, and gets compensated from a small spread on the assets. You as the user touch zero gas tokens. You sign once and your money arrives in seconds.
The solver economics here are what make it sustainable rather than gimmicky. Solvers need to hold and stake $XPL to participate in routing. When cross-chain volume grows, solver competition intensifies, fees drop for users, and XPL demand increases because more solvers want in on the action. That's a genuine flywheel, not a marketing diagram. Transaction fees between 0.1 and 0.5 percent still exist because they have to. Somebody has to pay for the underlying computation, and zero fees would just invite spam attacks that kill the bridge within a week. But shifting that cost away from users and into a competitive solver market is a design choice that actually respects how normal people think about money.
Security-wise, Plasma is using Taproot plus threshold signatures for the trust-minimized settlement layer underneath HOT Bridge. No single custodian holds your assets during transit. That doesn't make it invincible because no bridge is, and anyone who tells you otherwise is selling something. But it's a meaningful step away from the multisig setups that gave us disasters like the Ronin hack.
The real question is whether HOT Bridge turns Plasma from a solid payment chain into genuine cross-chain infrastructure. Early solver liquidity will be thin, extreme volatility could cause intent matching delays, and the bridge will need to survive real-world stress before trust is fully earned. But if the execution matches the design, Plasma could become the place where stablecoins move freely without anyone having to think about which chain they're on. And honestly, that's the whole point of payments. You stop thinking about the plumbing and just send the money.
#Plasma @Plasma $XPL #plasma

$ETH sitting under $2,000 isn't just a number on a chart. It reflects a market caught between fear and quiet conviction, where surface-level weakness hides something more nuanced underneath.
That $2,000 mark flipped from support to resistance weeks ago. Every attempted bounce gets sold into by holders desperate to exit near their cost basis. With roughly 58% of addresses currently underwater, there's a thick wall of overhead supply. People don't sell at a loss easily, but they absolutely sell at breakeven. That dynamic alone explains why rallies keep fading before gaining any real traction.
What makes this cycle different from previous selloffs is the behavioral shift among large holders. Whales haven't dumped aggressively. They've trimmed exposure gradually, rotating toward caution rather than heading for the exits. Meanwhile, mid-tier and smaller wallets have been growing steadily. Ownership distribution is widening, which reduces the risk of single-entity manipulation but also means any sustained recovery needs broad-based demand, not just a handful of big buyers pushing price.
The exchange flow data adds an interesting layer. Significant ETH continues moving off exchanges even as price bleeds. That's not panic behavior. That's cold storage positioning, staking, and long-term holds. Accumulation wallets, addresses that historically only receive and never send, have been absorbing ETH at a pace that mirrors previous bottoming phases. No guarantees obviously, but the pattern rhymes with past setups that preceded major reversals.
DeFi remains a weak spot though. Total Value Locked dropped hard, meaning less capital cycling through lending protocols, DEXs, and yield strategies. Lower TVL translates directly to reduced network revenue and weaker on-chain fundamentals. Until that metric stabilizes, the bullish case lacks a critical pillar.
On the institutional side, ETH ETFs are sitting on heavy unrealized losses yet continue attracting inflows. That kind of behavior signals conviction over convenience. These aren't traders chasing momentum. They're allocators building positions through pain, which historically provides a stabilizing floor over time.
Broader macro pressure accelerated the drawdown too. Risk assets got hit across the board, gold swung wildly, and crypto absorbed collateral damage from forced de-risking. Some analysts frame this as a mini crypto winter rather than a structural breakdown, and the data largely supports that interpretation.
Key levels remain straightforward. Support clusters around $1,850 to $1,900 with $1,800 as the psychological backstop. Resistance stacks at $2,000, $2,150, and eventually $2,400. Until $2,150 breaks convincingly, the short-term bias stays defensive.
This isn't a screaming buy and it's definitely not time to panic sell. It's accumulation territory for patient capital and a danger zone for emotional decision-making. Smart money builds quietly in markets like this. Everyone else gets shaken out.
#WhaleDeRiskETH #BTCMiningDifficultyDrop

Gold pulled back from its session highs to hover around $5,060 an ounce after a surprisingly strong U.S. jobs report threw cold water on hopes for an early Fed rate cut. The yellow metal had been gaining ground earlier in the day, but that momentum faded fast once the labor numbers hit.
And honestly, the data was hard to ignore. January payrolls came in at 130K nearly double the 70K Wall Street was expecting and a massive jump from December's downwardly revised 48K. Unemployment ticked lower to 4.3%, and wages kept climbing at a stubborn pace. Average hourly earnings rose 0.4% on the month, pushing the annual number to 3.7%. Not exactly the kind of softening the Fed needs to see before reaching for the rate-cut button.
That recalibration rippled through markets pretty quickly. Traders who had been banking on a June cut are now looking at July as the more realistic timeline for even a modest 25-basis-point move. Treasury yields crept higher on the back of that shift, and that put a lid on gold's ability to push further.
But here's the thing none of this has broken the bigger picture for gold. Prices are still sitting near multi-week highs, and the reasons behind that haven't gone anywhere. The Fed is still expected to ease at some point this year, geopolitical uncertainty isn't exactly fading, and central banks keep stacking metal. China's PBoC added to its reserves again, which has been one of the most consistent demand signals in the market for months now.
So what you're left with is a tug-of-war. On one side, resilient U.S. economic data making it harder for the Fed to justify moving quickly. On the other, deep structural buying and macro tailwinds that keep putting a floor under prices every time gold tries to sell off. Short-term headwinds are real, but the underlying bid isn't going anywhere fast.
#gold #GOLD_UPDATE $XAU #GoldSilverRally

I am Jia. Most of the time projects have to change direction because something has gone wrong. But Vanar is different it changed direction because something bigger came along.

Let us go back two years. At that time Vanar was known as Virtua. It was a platform that made collectibles and games for the metaverse. They did some work. They had a product that worked.. They had real people using it.. The people who worked on Virtua looked at where technology was going. Then they made a decision. This is a decision that not many projects that use crypto're brave enough to make. They stopped using a name that was already working. They did this so they could work on an idea that would take longer to finish.. This new idea would be much more important, in the end. Vanar is still working on this idea.

That thesis is simple. Blockchains were made to move value. The next ten years need systems that can move Blockchains intelligence. Not Blockchains intelligence as a term. Blockchains intelligence, as an ability of the system. Being able to compress remember, think and act on its own all built into the Blockchains protocol.

The change needed was not a makeover with the same old stuff inside. It required rebuilding the technical stack from the ground up. This was a reconstruction of what the chain does, at every single layer, not just a rebrand. The technical stack had to be rebuilt.

Start with the basics. Vanar kept the compatibility as EVM so developers can still use their existing Solidity tools. That was an idea. Making builders learn programming languages is a sure way for new blockchain projects to fail and be forgotten.. Just being compatible is not enough. What is built on top of that foundation is what makes Vanars architecture different, from all the blockchain projects out there.

Neutron solves a problem that does not sound very interesting at first. It is actually very important because it stops big artificial intelligence programs from working on blockchains. The reason for this is that the data is just too big. For example a single research paper, an agreement or a set of medical information. These files are too large to be stored on a regular blockchain without costing a lot of money. Neutron makes these files much smaller by a factor of 500 to 1 and it does this by putting the important information into small objects, on the blockchain called Neutron Seeds. These Neutron Seeds are not just files that sit in storage doing nothing. These things are, like organized information that smart contracts and artificial intelligence agents can really understand. You can take a document and shrink it down to something tiny like a short message and it gets stored forever on the ledger. This way you can get to it without needing any help from servers or other things that might stop working after a while.

Kayon uses the intelligence that is stored and makes it work. It is Vanars engine that thinks and makes decisions on the chain. This is where the artificial intelligence does not just look at the data but processes it in a way that everyone can see. When Kayon does something with the data the rules are followed on the chain. This means that everything is open and honest and nobody can change it. Kayon is verifiable it is auditable and it is tamper-resistant. This gets rid of the problem that people have with intelligence, which is that they do not know what is going on inside. The artificial intelligence is not hidden away on some server. Kayon does its reasoning right where everyone can see it so anyone can check what the system decided and why it made that decision.

The partnerships really show that people are serious about this. NVIDIA is actually doing something not just putting their name on a presentation. Vanar uses NVIDIAs CUDA to make zero-knowledge proofs, which's a big deal because it makes things work faster. This is something that most other groups have not even thought about. Making proofs is the part of keeping things private and making sure they are real. Using computer chips to make this work instead of just trying to come up with clever ideas shows that the people working on this are really trying to do something big. Google Cloud is providing the underlying system that makes all of this work. They are making sure that it is powered by renewable energy and works everywhere, in the world.

When you put these layers together you can see something. Vanar is not trying to be faster than Solana or better than Arbitrum, at rollups or beat Polygon at working with companies. Vanar is doing something that not many other people are doing. It is making blockchains to handle complex information that artificial intelligence systems can understand and work with easily. Vanar is focusing on making blockchains work with knowledge that artificial intelligence systems can reason with naturally. This is what Vanar is competing on making blockchains and artificial intelligence systems work together seamlessly with knowledge.

The new things that are coming like Axon for contracts that agents can use and Flows, for automatic workflows will make everything work together. We have five parts that all work together as one unit. Data goes in gets made smaller gets thought about makes the agents do things and then goes through processes without ever leaving the blockchain system. Axon and Flows are important because they help make the agent-level smart contracts and automated execution pipelines work smoothly. The five layers are all. Form a single stack and this is where Axon and Flows come in to complete the picture.

Most projects in this market are selling tools to people who are searching for something. Vanar is building the machine that figures out where to search decides when to start searching takes care of the payment for the search and checks the results. Within one system that never needs help from outside to get the job done. Vanar is making this machine that knows where to dig decides when to dig handles the payment, for digging and verifies the results of the digging so people can use Vanar to do all these things in one place.

The metaverse origins are still here. They changed into what the metaverse was trying to be. Virtua needed a system that could handle applications that know what is going on. This system did not exist before. So the team had to make it themselves. The metaverse needed this to work properly. Virtua had to have a base to support the metaverse and its smart applications.

That is not something that is changing direction. That is a project that is growing and becoming what it is really meant to be. The project is growing into its purpose.

@Vanarchain $VANRY #Vanar #vanar

$BTC Bitcoin didn't just drop 38% from its January highs. It exposed something far more revealing about where this market actually stands.

Right now, everyone's watching $63,000 like it's some magic number on a chart. And yeah, the cost-basis data makes that zone important a thick cluster of supply changed hands right around there, which means a lot of wallets are sitting near their break-even. But fixating on the number misses the bigger question: what happens underneath that level if it cracks?

The Bounce That Wasn't

Let's talk about what happened between $60K and $72K, because the way most people interpreted that move was wrong.

Price climbed. People exhaled. Crypto Twitter got optimistic again. But the structure of that rally told a different story. It moved in an overlapping, corrective pattern not the clean, aggressive impulse you'd expect from genuine demand returning. What formed instead was a textbook bear flag: a brief upward drift inside a dominant downtrend.

That flag broke to the downside. And once it did, the conversation shifted from "is the correction over?" to "how far does this actually go?"

Momentum told the same story before price confirmed it. RSI was printing lower highs while price held relatively steady a quiet divergence that doesn't scream panic but absolutely whispers erosion. The kind of signal that doesn't make headlines until after the damage is done.

The Behavioral Crack Nobody's Talking About Enough

Here's where it gets uncomfortable.

Long-term holders the cohort that historically acts as Bitcoin's shock absorber during drawdowns have pulled back from aggressive accumulation. Thirty-day accumulation trends have thinned out noticeably, which tells you something about the temperature of conviction at these prices.

And it's not just that they've slowed down. Net selling pressure from longer-duration wallets has started ticking up. Not panic selling. Not capitulation. Something more subtle and arguably more dangerous: quiet distribution.

At the same time, a growing share of circulating Bitcoin now sits with recent buyers. This is the fragility variable that technical analysis alone can't capture. Short-term holders react faster to drawdowns. They set tighter stops. They sell into weakness rather than buying it. When the ownership mix tilts toward newer hands, the floor becomes thinner even if it looks solid on a chart.

This is why the $63K zone matters beyond just being a line on a screen. It represents a psychological boundary where a large concentration of participants either defend their cost basis or abandon it. Those are two very different market states, and the transition between them can happen fast.

Two Paths From Here

If the $63K region absorbs selling pressure and holds on both daily and weekly closes, the scenario is straightforward enough. Consolidation develops. Volatility compresses. Short-term panic fades. The market gets boring for a while which, historically, tends to precede the next meaningful move up.

But if it gives way with conviction? That's a different animal entirely.

A clean break below that cost-basis cluster doesn't just mean lower prices. It means a significant chunk of the network suddenly sits underwater, and underwater holders behave differently than profitable ones. Liquidity dries up below heavy cost-basis zones because there's less organic demand waiting underneath. The path toward the mid-$50,000s opens up quickly in that scenario, and depending on how aggressively liquidations cascade, a reset into the low $40,000s isn't some fringe prediction it's a structurally logical outcome.

What Would Actually Flip the Script

Bears don't stay in control forever, and there are specific levels that would signal the correction is losing steam.

First: Bitcoin needs to reclaim and hold above the low $70,000s. Not a wick. Not a brief spike on a thin weekend order book. A sustained close above that range would indicate real demand is stepping back in and absorbing supply.

Second: the upper $70,000s need to break. The current correction has established a clean series of lower highs, and until that pattern is disrupted, every rally exists within the context of a downtrend. Breaking the upper $70Ks would invalidate the lower-high sequence and open the door for a genuine trend reversal.

Until both of those conditions are met, the base case remains that bounces are selling opportunities for the broader market structure not confirmation of a bottom.

This Isn't a Dip-Buying Playbook

There's a temptation to frame every significant drawdown as an opportunity. And sometimes it is. But markets that are transitioning from accumulation to distribution don't reward aggressive positioning they punish it.

The important thing right now isn't picking a bottom. It's reading the behavioral data honestly. Long-term capital is less aggressive than it was three months ago. The holder composition has shifted toward participants with weaker hands. Technical structure favors continuation of the downtrend until proven otherwise.

None of this means Bitcoin is broken. It means the market is going through a stress test, and the outcome depends on whether real conviction shows up at the levels that matter or whether those levels turn out to be nothing more than lines on a chart.

Support doesn't exist because of where price has been. It exists because of who's willing to buy there again.
#BTC

I spent the week checking how well stablecoin transfers work on all the big chains. I was curious about stablecoin transfers. I wanted to know how they work. I was doing my job. Making sure everything is okay with stablecoin transfers. Maybe I was a little bored. I still wanted to learn about stablecoin transfers.

Anyway what I found out about stablecoin transfers was really interesting. I think stablecoin transfers are important so I wanted to see how they work on every chain. The results of my tests, on stablecoin transfers were really eye opening. I learned a lot about stablecoin transfers.

I was really impressed with the way Solana handles payments at first. It seemed to work. Solanas payment system is pretty good because it has confirmations and the fees are reasonable.

The wallet interfaces for Solana are also very easy to use. I think Solana does a job, with payments. Solana makes it simple for people to send and receive money.

Something went wrong with the Solana network when it got really busy. I was trying to make a transfer with Solana. It did not go through. The Solana transfer just sat there pending. This was a problem, for me because the cost of using the Solana network went up a lot while I was waiting for the Solana transfer to go through.

So I am using Solana. It is a bit annoying when I move my money around with Solana.. If you have a business and you use Solana to do a lot of transactions with Solana every single day then this is a really big problem.

Even if Solana works well from a technical point of view this kind of issue is still not okay, for a business that needs to use Solana.

This situation is really important. We need to understand what Plasma is. People should know about Plasma so they can see what Tether is doing with Plasma. Tether might be thinking about the future of Plasma more than we think. Plasma is something that people need to know, about so they can understand what Tether is trying to do with Plasma.

The Fee Abstraction Breakthrough

What really made sense to me after I did some transfers on Plasmas testnet was that the way Plasma handles gas is not something they just added on. It is the way the people at Plasma think about things. For them the gas abstraction is, like a philosophy that guides how they do things with Plasma. The way Plasma handles gas is a part of how they think about Plasma.

I have tried a lot of blockchain systems and they all seem to want me to get their own special tokens before I can actually use them. For instance if I want to send USDT on the Ethereum system I have to get some Ethereum tokens. It is much the same with Tron. I have to figure out how the bandwidth and energy system works. Then I have to get some TrX tokens.

Even the blockchain systems that people say are not very expensive still want me to do this first which is really confusing, for people who're new to cryptocurrency like USDT and Ethereum and TRX.

Plasma completely solves this issue. When you use stablecoins you can send them easily. The way Plasma works is what people usually expect from payment systems. You do not need to buy stock in Visa before you can use your credit card from Visa. You should not have to buy blockchain tokens to move your money around on the blockchain. Plasma makes it very simple to send stablecoins. Plasma is what makes sending stablecoins.

When you think about stores that accept Plasmas payment this is a deal. If you have to do a lot of things to pay for something people will just get tired. Give up. People do not like to think much about what they are doing like what they need to buy before they can pay for something using Plasmas payment. If people have to think about these things they will not complete the purchase of the things they want to buy using Plasmas payment. Plasmas system makes paying for things because it gets rid of problems that other payment systems have. Other payment systems just deal with these problems because they think they have to but Plasmas system does not. Plasmas payment is easy to use. It makes buying things simple. The architecture of Plasmas is really good at removing these problems. Plasmas do a job of getting rid of these issues. This is because the architecture of Plasmas is designed to solve these kinds of problems. The way Plasmas are set up is very effective, at removing these problems.

The Ghost Town Reality

This is the part where we have to be honest with ourselves and face some things that're not easy to accept. We have to look at the facts about honesty even if these facts make us feel uncomfortable. Intellectual honesty is about being truthful, to ourselves when it comes to honesty. That can be really tough sometimes when we are talking about honesty.

Go to Plasmas block explorer. Look at the transactions. Now compare this to what's happening on Solana, Base or Tron.

The difference is really big.

Plasma has made a road with lots of lanes. There are hardly any cars on it just a few test cars and nothing else.

Plasma is, like a road.

Plasma has all this space it is not being used by Plasma.

Plasma has a lot of room. Plasma is not using it.

The ecosystem is much dead outside of a few demonstrations. You will not find any DeFi on this ecosystem. This ecosystem is not going anywhere. This ecosystem needs people to get excited about it and money to start flowing in. This ecosystem is really good in some ways. It is basically empty. People are just not that, into the ecosystem. That is what the ecosystem needs to get things moving. The ecosystem is missing the excitement that the ecosystem needs to take off.

This is the thing that gets in the way of a lot of projects. The problem is not that the technology is bad. It is that people do not want to begin with the technology. People just do not want to start using the technology.

Developers do not want to build things when there are no people using them. The fact is that developers like to build things for social media.
People do not want to show up when there are no applications to use. They think it is a waste of time to be there when they have nothing to do with the applications. The applications are the reason people show up in the first place. If there are no applications then people will not show up because they want to use the applications.

When things are quiet and nothing is going on people who have a lot of money do not want to invest their money. They like to see things happening and changing before they put their money into something. People with money want to know that their investment is going to be worth it. People, with money will only invest when they think something big is going to happen.

People usually wait for someone to do something first. It is like everyone is waiting to see what the other person will do. Nobody wants to be the one to make the move. Everyone is waiting for someone to make the move and start things off.

The infrastructure projects are not moving forward. This is the reason why. The infrastructure projects are basically. This is the cause of the problem. The infrastructure projects are stuck because of this issue, with the infrastructure projects.

The developers are waiting for the users. They want to see what the users will do. The developers need the users to try out their work. The users are very important, to the developers. The developers wait for the users to give them some feedback.

People have to wait for the applications to be ready. The applications are not available yet so the users wait for the applications.

People who have money just wait for things to happen. They do not do much because they think that things will work out on their own. People with money are, like that. They just. Wait for things to happen to them.

The thing that really hurts infrastructure projects is this problem. Infrastructure projects are often stopped because of this problem. This problem is the one that kills infrastructure projects.

I talked to some traders. They think Plasma is really good for settling things quickly. They like it more than Tron. They think it is more stable than Solana. These traders are keeping an eye on Plasma.

They are not putting any money into Plasma though. The reason for this is that Plasma has some problems it needs to fix.

Traders who use numbers to make decisions like Plasma because it is good for settlements. They like it more than Tron. They think it is more stable, than Solana. Plasma is what these traders are watching.

Tether's Strategic Calculation

To really understand what Plasma is you need to know where Tether stands in the market. Plasma is something that is connected to Tether so you have to understand Tether.

Plasma and Tether are related and to get Plasma you have to see how Tether fits into the market picture.

You have to look at Tether to understand Plasma because Plasma is related to Tether.

The USDT is a stablecoin that people use a lot. But here is the thing it is mostly used on systems that Tether does not own. I mean most of the USDT transactions actually happen on the Tron network. So this is a problem for Tether. The Tron network is controlled by Justin Sun. This means Justin Sun makes the rules.. Tether has to follow these rules. This can cause problems, for the USDT because the USDT is associated with Justin Sun and the Tron network. The USDT is a stablecoin that has to deal with the rules and regulations that Justin Sun has to follow. The USDT is used a lot on the Tron network. This network is like a playground for Justin Sun. So the USDT has to follow the rules that Justin Sun makes for the Tron network. The USDT needs to do what Justin Sun says because the USDT is, on the Tron network.

Tether is like a delivery service. It is making its own roads to move things around of using the roads that other people made.

If Tether can really do this it will change everything.

Now when people use Tether they are also helping other systems get bigger.

With Plasma all the people who use Tether will be helping Tether itself because they will be using Tether roads.

This means Tether will get to keep everything, like the money that people spend when they use Tether.

Tether will be in charge of its roads and it will get all the money from people who use Tether.

People who use Tether will be using Tether roads. Helping Tether grow, not other systems.

This is a change and it will make Tether very powerful.

Tether is building its system with Plasma and it will be very good, for Tether. Tether wants to make sure that all the people using Tether are actually helping Tether, not some person or thing. The people at Tether think that everyone who uses Tether should be working together to help Tether. Tether is trying to look out for itself and make sure that the people who use Tether are doing what is best, for Tether.

This plan is really good it does not matter what is going on in the market now. The big question is if Tether has the patience and the money to get people to start using Tether over time.. Will people give Tether enough time to make Tether work. Tether needs to get through this time and Tether has to have the money to do that.

The Valuation Puzzle

XPL has really fallen down from the high it had when it first came out.

Now $XPL looks like a deal when you look at XPL on the surface.

XPL has a market cap and people like that about XPL.

Some companies are backing XPL. That is great for XPL.

There is a reason for XPL to exist.

XPL has all the things that people who invest in crypto like to see when they think XPL is a value.

People who invest in crypto think XPL looks undervalued.

XPL seems like it is worth more, than what people're paying for XPL.

I would look at this from an angle. XPL is not like assets. It is like a promise for something that will happen in the future. This future is a time when people will start using settlements. They will stop using Tron. Start using systems that big institutions like better. XPL is a contract, for this future. People will move towards XPL because it is what big institutions prefer.

If that migration happens because of pressure. Because companies have to follow certain rules or even if Tether is the one promoting it then Plasma is right in the middle of everything that is going on.

The XPL will get some benefits from being in that position with Plasma.

Plasma is, in a spot and the XPL will get some value from that.

The XPL will really benefit from being connected to Plasma.

If the migration does not. Trons network effects really do last and the regulatory threats actually go away and the merchants believe that the current solutions are good enough then Plasma will be like a road with no cars on it. Plasma is a made system but it is solving a problem that the market does not think is important. The people who made Plasma did their job but it seems that the market is not really looking for a solution like Plasma. The market just does not seem to care about what Plasma has to offer. Trons network effects and the current solutions are enough, for the merchants so Plasma is not really needed. Plasma is a great example of amazing engineering.. The thing is, it is not being used. The reason for this is that the market did not think the problem that Plasma is trying to solve was that important. So Plasma is not being used because people do not think the problem that Plasma is trying to solve is a deal. Plasma is an idea but it is not being used and that is a shame. The problem that Plasma is trying to solve is just not a priority, for the market. Plasma is still an example of beautiful engineering.

When you are watching something a few things make it worth your time. The things that you see on the screen are really important.

They make it interesting.

The story and the people in the story are what really matter when you are watching something.

The story is what keeps you watching the television or the computer screen.

You want to know what happens to the people in the story.

The story is what makes you care about what you're watching.

What really matters to watch is the story and the people in the story.

You want to watch something that you like something that you can learn from, like the story.

The story is what matters it is what makes watching something fun.

The story line is very important

The actors are really great. The music is very good too. This makes the movie fun to watch. The actors and the music are things that make it enjoyable.

What really matters when you are watching something is that it makes you feel happy or it makes you feel sad or it makes you feel excited. You want to feel like you're part of the story that the movie or show is telling. What really matters when you are watching something is the way that it makes you think. The way that it makes you feel. Watching something is, about how it makes you think and feel and that is what actually matters to watch.

The price of something tells you what other people think about it. On-chain metrics tell you what is actually happening. When we talk about Plasma some things are more important than the patterns you see on a chart like what's really going on with Plasma. Plasma has a lot of things that can affect it. You need to look at more than just the patterns, on a chart to understand Plasma.

The Bitfinex integration is a sign. This is big because Bitfinex is the exchange that Tether is associated with. When Bitfinex starts using Plasma as the default way to withdraw money that means something. It is not an announcement that Bitfinex and Tether are working together. It is a commitment to making Bitfinex and Plasma work well together.

We should look out for this change happening without a lot of noise. The Bitfinex integration is what we should be paying attention to, not some announcement. The fact that Bitfinex is using Plasma says a lot, about the Bitfinex integration and what it means for the future.

Stablecoin bridge flows are really important to me. I want to know if people are taking their USDT from Tron and moving it to Plasma.. Are things staying the same? All the information we need to figure this out is available on the blockchain. We might have some ideas, about what's going on but the facts should be what decide.

Stablecoin bridge flows are what matter most to me so I think we should follow the data and see what it tells us about stablecoin bridge flows. Let us look at the data and find out what is happening with stablecoin bridge flows.

People are putting in time to work on Plasma even when it is not required of them. This tells us that Plasma is really interesting to these people. There are some teams that have chosen to use Plasma for their projects. The question is, are these teams using Plasma because they believe they can actually accomplish something with it or are they just using it because they are receiving funding from the foundation. We need to know the answer to this question because it will help us understand if people will continue to use Plasma in the future. Plasma is clearly something that people're willing to work on and it will be interesting to see if this continues and if Plasma will keep being used because people, like working with Plasma. People are really concerned about Plasma now. The big question is will Plasma be alright without the foundation providing support, for Plasma. Plasma needs help. Everyone is waiting to see what will happen to Plasma.

When we hear that a merchant is going to work with a company we should take a look at Plasma. Companies can easily make announcements about their partnerships with Plasma.. What really matters is if people are actually using Plasma to make payments.

We should pay attention to the number of transactions that are really happening with Plasma. Not just what the companies are saying about Plasma.

Look for the transactions from businesses that are using Plasma for payments. That would be something for Plasma. We can ignore the announcements from companies, about Plasma they do not mean much for Plasma. What is important is the use of Plasma by businesses, for actual payments.

Positioning Thoughts

I do not think it is an idea to buy a lot of Crypto at the current prices. The problem of getting started from scratch with Crypto is an issue. There are also a lot of people trying to do the thing with Crypto so it is very competitive. Building the systems and infrastructure for these Crypto projects will take a time much longer than people who invest in Crypto are usually willing to wait for the Crypto projects, like these Crypto projects.

I do not think @Plasma is another thing that will disappear. The technology behind Plasma is really good. The people who are supporting Plasma are important people. That means Plasma is worth paying attention to. Plasma has a chance to be the way that stablecoins are settled. This is a big deal if Plasma can make it happen. Plasma has a lot of potential because there is a market opportunity for Plasma to build the default way that things are settled. Plasma can be the one that makes this happen. That is very exciting, for Plasma.

#Plasma #plasma

The timeline is really bad again. Bitcoin went up to sixty thousand dollars week then it went back down and for some reason people got even more scared when it started going back up. That says a lot about how people're feeling about Bitcoin right now. Bitcoin is still a topic and people are worried, about Bitcoin.

Bitcoin fell below sixty seven thousand dollars on Wednesday, February 11. The feeling on media about Bitcoin is really sad. It is like a funeral. This is happening even though Bitcoin is worth seven thousand dollars more than it was at its lowest point. A company called Santiment has some numbers that show this is true. They found that people are writing a lot negative posts about Bitcoin than positive ones. This is still happening even though Bitcoin is worth, than sixty thousand dollars now. Bitcoin is still getting a lot of comments.

The thing that should really get contrarians excited is this. When regular people are too scared to buy big investors like whales tend to do well. Santiment noticed that big investors are buying a lot with not trouble while smaller traders are just sitting there too afraid to do anything because they think something bad is going to happen. If we look at what has happened we can see that when people get really scared, like this it usually marks the lowest point, not the highest point. There are no guarantees of course. The pattern is similar enough that we should pay attention to it. Big investors are still. That is what whales do when retail is too paralyzed to buy.

The thing that happened with the liquidation cascade was that it was something that nobody really needed to occur. The liquidation cascade was a problem. Nobody wanted the liquidation cascade to take place. The liquidation cascade was not a thing, for anyone.

The liquidation cascade caused a lot of trouble. It was not something that people were looking forward to. The liquidation cascade was an issue that nobody needed.

The price of Bitcoin is not stable now and it is making it hard for people to sleep. Ash Crypto said that when the price of Bitcoin went below $67,000 it caused people to lose, around $127 million in four hours. This is because people had to sell their Bitcoin. When people have to sell their Bitcoin it makes the price go down even more. Then more people have to sell their Bitcoin. That makes the price go down even further. This is a problem that is happening because people bought too much Bitcoin with money they did not have. The price of Bitcoin is going down because of this not because of anything to do with the value of Bitcoin. The price of Bitcoin is going down because people are overleveraged in Bitcoin.

So I just checked CoinGecko and the price of Bitcoin is around $66,700. Bitcoin has gone down by 3 percent in the last 24 hours and almost 13 percent this week. If we look at the 30 days Bitcoin has actually gone down by more than 27 percent. The highest price of Bitcoin, which was in October 2025 is now 47 percent higher, than what it's now. This is a reminder of how fast the price of Bitcoin can change.

The price of Bitcoin is going up and down a lot. It went from $66,600 to $69,900 and again. This shows that the Bitcoin market is very unsure about what to do. If we look at the week the price of Bitcoin went from $62,800 to $76,500. This is a big swing and it means the Bitcoin market is really unstable. The Bitcoin market is over the place and it is hard to say what will happen next, with the Bitcoin price.

The volatility is really loud. It is not affecting everything the same way. Volatility is making a noise and that is pretty clear but the volatility is not having an equal impact, on all things.

The numbers behind all the chaos really deserve our attention. Data from Binance that was looked at by analysts at Arab Chain shows that Bitcoins volatility over the seven days is really high about 1.51, which is a level we have not seen since 2022.

If we look at the numbers for 30 days and 90 days which are 0.81 and 0.56 then we see something different. The problems we are seeing now have not affected the longer time periods yet which means this could just be a shakeup with Bitcoin rather than the start of a long and difficult time, for Bitcoin.

There is one thing that traders should really pay attention to: the true range as a percentage is very low at 0.075.

When the average true range as a percentage gets this low it is like a spring that is all wound up.

The average true range as a percentage being this low usually means that a big move is coming.

The thing is, nobody knows which way the average true range, as a percentage will move when it does.

People are talking more about the bear market. The bear market is really starting to get a lot of attention. The bear market is something that people're worried about. They think the bear market might be coming. The bear market is a concern, for many people who have money invested.

Bitcoin has now closed three weeks in a row below its one hundred week moving average. That is not a small thing. Times when Bitcoin was doing badly we saw this happen too. That is why Ki Young Ju, the founder of CryptoQuant said something straightforward on February 9: "Bitcoin is not something you can make go up in value right now." His main point is that people keep selling Bitcoin, which stops it from going up in value even when people try to buy it. The selling of Bitcoin keeps getting in the way of any momentum, from people buying Bitcoin. Bitcoin is still having a time because of this.

Doctor Profit says he thinks the price will stay in a range between $57,000 and $87,000. He warns that when the price moves sideways for a time it usually goes down instead of up. This is not what people want to hear. It is something we should think about. Doctor Profit is telling us that we need to be careful and not get our hopes up too high. The price of something moving sideways for a time can be very frustrating and Doctor Profit says it often ends with the price going down not up. We should listen to what Doctor Profit's saying about the price and the range it is in, between $57,000 and $87,000.

The situation with crypto is not getting better. XWIN Research Japan says that people in the United States are not buying much stuff as they used to and their wages are not going up as fast. This is news for things like crypto that are risky.

They also noticed that something called the Coinbase Premium Gap has been negative for a time since late 2025. This means that people in the United States who buy crypto directly are not really doing that anymore it is the people who trade in derivatives who are making things happen.

The crypto market has some problems that will not be fixed quickly. The problems with crypto are not going away overnight. Crypto is still, in a spot.

The case for something different this time

Some people do not care about the price charts and all the bad things that can happen. WeFis Maksym Sakharov has a view of things that is worth thinking about when there is so much going on in the short term.

Bitcoin sentiment is going to get even stronger even though the prices are falling.. This time it is not just going to be about the price of Bitcoin or people speculating about Bitcoin. This time it is also going to be, about people using Bitcoin said Sakharov.

The decision to move forward is an one when everything around the Bitcoin is falling apart but the stories of people using Bitcoin actually matter the most when all the hype has died down. If the companies that work with Bitcoin and the real people who use Bitcoin keep building and using it even when things are tough the Bitcoin recovery. Whenever it happens. Could be very different from what happened in the past, with the Bitcoin.

So this is where things stand now. Things are at this point. The situation is like this, with these things. Things stand in this way.

Bitcoin is stuck between a price of around sixty thousand dollars that people think is a level and a lot of fear that will not go away. This fear is stopping people from feeling okay about Bitcoin. Some numbers that measure how much Bitcoin prices are moving up and down say that something big is going to happen. What people are saying on media is that regular investors are very scared. At the time big investors, known as whales are quietly buying more Bitcoin. There are some problems, with the economy that could affect Bitcoin but people already know about these problems and have taken them into account when deciding what Bitcoin is worth. Bitcoin prices are affected by these problems. People are already expecting them so it is not clear how much they will really matter.

The honest answer is that nobody knows what happens next. But the setup maximum pessimism, compressed volatility, accumulation by large holders has historically been more favorable than the crowd believes. Whether that pattern holds this time is the multi-billion-dollar question sitting on every trader's screen right now.

clawed back nearly 2% during Monday's Asian session after a scary weekend dip below $70,000. But don't let the bounce fool you. Several respected analysts are warning that this relief is temporary and the real pain hasn't even started yet.
The $57K to $87K Box That Nobody Wants to Talk About
Analyst Doctor Profit has mapped out what he calls a new trading "box" ranging from $57,000 to $87,000. That's a massive 33% spread, and he expects BTC to grind sideways within it for weeks, possibly months.
Here's the catch. This isn't bullish consolidation. It's structural decay disguised as stability. Doctor Profit points back to 2024 when Bitcoin chopped between $58,000 and $74,000 for nearly a year before eventually exploding past $100,000. He warned back then that those same levels would become battleground zones in the next downturn. Fast forward to today and that prediction is playing out almost perfectly.
The difference now is context. What once acted as a launchpad is now functioning as a ceiling. Once this sideways grind exhausts itself, Doctor Profit expects a clean breakdown targeting the $44,000 to $50,000 zone.
Smart Money Is Playing Both Sides
Doctor Profit admits he's buying spot BTC between $57,000 and $60,000, viewing it as the local floor of this range. But he's clear that this isn't the final bottom. He sees this zone getting tested multiple times, making it ideal for short term range plays.
If price pushes toward $87,000, he plans to add to short positions he opened between $115,000 and $125,000, which remain fully active. His real accumulation targets sit much lower, in the low $40,000s to low $50,000s, where he believes the macro bottom will form around September or October.
His blunt take: "We are in a bear market. The bounces are temporary and exist to build liquidity for further downside."
Technical Signals Paint a Grim Picture
Analyst Filbfilb drew direct comparisons between today's price structure and the 2022 bear market. BTC is now trading below its 50 week exponential moving average near $95,300, a level widely considered a critical trend indicator. Losing that level strips away any remaining bullish argument and leaves the chart looking eerily similar to previous capitulation cycles.
The Capitulation Everyone Is Waiting For
BitBull added fuel to the bearish fire, stating that BTC's "final capitulation hasn't happened yet." His thesis is straightforward: a genuine bottom will only form below $50,000, the level where the majority of spot ETF buyers would be sitting on losses. Until that washout occurs, every bounce is just bait.
The months ahead could test the patience of even the most committed holders.
#BTCMiningDifficultyDrop #BinanceBitcoinSAFUFund #BitcoinGoogleSearchesSurge #WhenWillBTCRebound