The U.S. SEC accepts the New York Stock Exchange’s new rules: it plans to introduce a “tokenized securities” trading mechanism that supports on-chain settlement. It is not using a traditional public chain; instead, its core relies on two types of blockchains: an institutional permissioned chain (Canton Network) and a compliant public chain (Polygon, Avalanche subnets). Canton Network is developed by Digital Asset, a blockchain alliance chain for Wall Street institutions— the official only designated settlement chain. Surprisingly, there isn’t Ethereum at all; surprisingly, it has Matic and Avalanche! It’s within the range of what was expected to be surprising too! Polygon’s public chain has a well-known application called Polymarket—you’re still that betting app. Avalanche doesn’t seem to have any famous applications. ‍$BTC$AVAX $POL

Friday, still unchanged in black The reopening of the Strait of Hormuz has caused turbulence in the crypto market, with a rise of 3,000 points. The bears are bleeding heavily, and the order around 75,500 is also a nephew's, if it loses, admit it. There's nothing to escape or explain. Just protect your defenses and take small losses! It's a pity that the winning streak couldn't be continued! The successful bottom fishing early this morning didn't show much pattern. Mainly, I believe the overall trend remains bearish. Long positions were closed early to look for short entry points! It's a pity I didn't catch the big rally in the evening! Around 10 o'clock, I reminded everyone to place orders near 77,800. Let it rise or fall, the short position remains unchanged! Currently, the market is around 77,400, with a small profit of 300 points! Today's state is lacking. Rest for the next two days, have a good break, and start fresh next week.