Crypto Morning Briefing * Important Information You Can't Miss Daily * May 19, 2025 1. Japanese Prime Minister Shigeru Ishiba stated that he seeks a win-win relationship with the United States through investment and cannot accept U.S. tariffs on goods, including automobiles. PS: The tariff issue may still cause market concerns, but the initial panic has been digested by the market. 2. Moody's downgraded the U.S. sovereign credit rating from Aaa to Aa1, with the outlook adjusted to "stable." The downgrade is due to the continuous rise in government debt and interest payment ratios, with the fiscal deficit expected to approach 9% of GDP by 2035. This is Moody's first downgrade of the U.S. rating since 1917, causing the U.S. to lose all AAA top ratings from the three major credit rating agencies. 3. No major changes on the macro level over the weekend. The current trend is purely market-driven, with bulls and bears fiercely competing. However, an ATH for the market this week is still worth looking forward to. 4. On-chain PVP hasn't stopped, but the strongest rebound over the weekend came from old memes like $moodeng, $neiro, $pnut, etc. These are high-quality targets being watched by whale investors, so pay close attention. Once the altcoin season arrives, these will lead the rally. 5. Voting for $HUMA on Jup has started. If you have staked $Jup, don't miss out. It's one of the consensus projects in the RWA track, so keep an eye on it. 6. Be cautious about the Ledger hardware phishing incident. If you own hardware devices, don't be deceived by counterfeit hardware devices. 7. Major unlocks this week: Polyhedra Network (ZKJ) unlocked approximately 15.53 million tokens on May 19, accounting for 5.3% of the current circulating supply, valued at approximately $32.3 million; Pyth Network (PYTH) will unlock approximately 2.13 billion tokens on May 19, accounting for 58.62% of the current circulating supply, valued at approximately $338 million; 8. In the past 24 hours, the total liquidation amount reached $588 million. Cherish life, stay away from contracts. 9. Last Friday, Bitcoin ETFs saw an inflow of $260 million, with BlackRock contributing nearly $130 million. Institutions continue to be optimistic about Bitcoin's future performance. [Market Analysis] Bitcoin started surging at 8 PM last night, reaching a peak of around 105,000 before being pushed down by bears. It then resumed its upward trend, reaching a morning high of 107,000 at 8 AM before bears pushed it down again. It is currently hovering around 105,000. The battle between bulls and bears is very intense. Everyone knows that once Bitcoin hits ATH, it will accelerate the market's rise and drive altcoins to surge significantly. The market is waiting for this signal. It is estimated that this week will see high activity, and after ATH, market confidence will be restored, making the second half of the year the real opportunity. Current strategy: If the price drops, consider accumulating some high-quality altcoins, memes, and AI tokens. Only buy leading projects and avoid others. Reduce on-chain P activities while keeping a close watch. Once market confidence is restored, various opportunities will emerge. [Risk Reminder] Digital assets are highly volatile and carry significant risks. Please participate cautiously, avoid going all-in, and refrain from using leveraged loans.