ETH Metrics Signal Potential Bull Run

Good morning, Asia. Creating news in the market is as follows.

Asia Morning Briefing, summarizes the best story during the US time and welcomes you to an outline for market movement and analysis. For more information on the US market, see CRYPTO Daybook Americas of COINDESK.

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Fund manager March Zheng speaks to investors.

As Asia starts its business day, ETH is falling 0.4%to more than $ 2,500. This may not be much in the world of volatile encryption, but ETH ignored the probability and rose 40% a month, and its performance is impressive because it matches the same performance as Memecoin Stalwarts.

And distributed finance loan protocol. The latter achievements helped to strengthen the total value lock (TVL) in Ether Leeum, worth $ 60 billion.

Zheng, co -founder and management partner of Bizantine Capital, is optimistic about ETH. He argues that thanks to the recent PECTRA upgrades, Ethereum can be dominated by the primary layer blockchain due to its superior scalability compared to Solana and can continue to lower inflation than Bitcoin.

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Zheng said in a note on Coindesk, “You can reach the inflection point of these two leads.” “It will be a very interesting year.”

Nevertheless, ETH’s growth story this year has potential limitations. POLYMARKET’s Bettors offers only 26% of the probability of breaking $ 4,868 in November 2021 to break up to $ 4,868.

On the other hand, the institutional interest in the Coindesk Market Insight Bot Bot Notes Ethereum is rapidly increasing, and the exchange balance falls to the lowest level of seven years, and the Eth-mocated investment product sees a significant inflow and signals the long-term accumulation of the strong.

Companies are moving away from distributed AI.

AI token is one of the growth stories of the year with a market cap of more than $ 27 billion in the token category according to Coingecko data.

However, there is a problem when Crypto-Ai Research House Chain of Thunder insisted on X’s thread.

The distributed computing infrastructure known as the distributed computing network (DCN) required to realize the decentralized AI does not maintain the speed.

Semianalysis’ The computing platform distributed from the ranking of the GPU cloud provider in March 2025 is rarely registered. Only Akash and Prime Intellect were attached to the bottom of the list.

Most distributed platforms have not been cut, and this project emphasizes tasks when competing with centralized hyperscalers such as AWS or Google Cloud.

Adjustment, which is the ability to compose scattered computing resources into smooth services, remains an important weakness.

Unlike the centralized service, the distributed platform is having difficulty with basic tasks such as predictable work routing, efficient data transfer and internal defects. Companies are familiar with software tools that are familiar with the simplified features of Kubernet or Slurm.

Security and technology reliability presents additional obstacles. Most distributed networks do not have essential authentication such as SOC2 or ISO 27001, resulting in networking, storage inconsistency and frequent waiting time spikes.

As YAN pointed out, the decentralized network is suffering from a cumbersome and unclear payment system and a confusing on boarding process, so we look forward to a simple “spin and scale” benchmark company.

Finally, economic sustainability is still ambiguous. The current distributed network depends too much on temporary token incentives, causing collapse when the discharge is slowed or interrupted. In the end, AETHIR’s token increases 70% last month, adding inflation pressure when someone subscribes to the cloud service displayed in ATH.

YAN claims that the decentralized platform does not need to completely replace AWS, but at least it should be easy to compete with stable, economically and meaningful. The ambitious growth of AI, which has been dispersed until then, will depend on the centralized computing infrastructure.

News Round Up

The Trump organization says that $ Trump wallet is not with them.

Trump’s organization is far from the newly released cryptocurrency wallet called “$ Trump Wallet” despite the promotional branding, which was explicitly connected to the former president.

One spokesman said that the group “I don’t know anything” about the wallet of the wallet contradicting the announcement of Magic Eden CEO Jack Lu, who confirmed the partnership through social media. Donald Trump Jr. and Barron Trump have mentioned the coming official wallet of the World Liberty Financial, a separate stable project related to the family. The Trump organization clearly revealed “Zero Participation” individually.

The website of $ Trump Wallet is currently activated and invites users to the waiting list while promising digital asset trading, but does not provide practical technical details or release time lines. The confusion of this project is Trump’s controversial but emphasizes entanglement with encryption. Previously, it was depicted by ventures such as the world Liberty Financial, Trump Coin and Melania Coin.

Revolut can soon provide encryption derivatives.

Revolut is exploring the expansion of Cryptocurrency derivatives, as pointed out by the previously reported new job list. Coindesk reported earlier.

This development follows the successful launch of professional password exchange in the UK and later in the United Kingdom and later in the European Union in May 2024.

The UK’s encryption derivatives market recently gained the traction emphasized by the launch of GFO-X, a derivatives platform organized in the US first FCA regulation. In addition, Galaxy’s UK subsidiary, led by Mike Novogratz, was approved in April and was deployed to compete in the growing market sector.

Market movement:

• BTC: Bitcoin has risen more than $ 105K by more than $ 105K, with its aggressive $ 8.4 billion Bitcoin acquisition plan, despite the designated scientific concerns and long -term risk questions.
• ETH: ETH has established a clear trend in a large spike that faces a firm resistance of $ 2,651 and has strengthened solid support near 2,618- $ 2,620.
• gold: As gold rises, the dollar and the US jobs have risen, and on Tuesday, about $ 3,356, about $ 3,356 per ounce, urged traders to rotate them with dangerous assets.
• Nikkei 225: Japan’s Nikkei 225 rose 0.83% on Wednesday, and the Asia -Pacific market increased after Wall Street’s technology -oriented rally was driven by NVIDIA.
• S & P 500: The S & P 500 rose to 5,970.37 to 0.58%on Tuesday, and was improved by investor optimism on NVIDIA and US trade transactions.

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