The first joy of May—successfully made it ashore! 27k-163k, don’t be aggressive or go crazy; just be steady and feel at ease! A hundred moments of excitement don’t compare to taking action once! $BTC ‌$ETH ‌#Gate广场五月交易分享

The current market sentiment is bearish, with many bloggers calling the end of the bull market, but the actual trend is not weak: news that Michael Saylor "might sell BTC to pay dividends" caused a brief panic, but Bitcoin instead regained the $82,000 level. Data shows continuous capital inflow, and the 4-hour and daily chart structures still display a pattern of higher lows and higher highs, indicating a relatively strong trend. However: a bullish trend does not mean blindly chasing the rally. From over 70k people afraid to buy, to some calling for $100k or $150k as Bitcoin reaches $82,000, market sentiment is heating up. The correct approach is: holders should not be swayed by panic, and as long as the structure isn't broken, continue to watch the trend; those wanting to enter should not chase after large green candles, wait for a pullback near $80k–$80,500 (or even a quick dip and recovery) before considering low-risk opportunities. If volume drops below $79,000 and the 4-hour chart continues to weaken, the short-term structure is compromised, and it’s time to exit. The key is controlling emotions—fear of missing out when prices rise, reluctance to sell when prices fall—these are the root causes of most losses. There are always opportunities in the market, but a single impulsive move driven by emotion can wipe out all profits. #Gate广场五月交易分享

You know the story that keeps coming up whenever people talk about crypto exchange security? Yeah, that's the Gerald Cotten case. And honestly, it's one of those things that still doesn't sit right with a lot of people in the community. So here's what happened. Back in 2013, when Bitcoin was still pretty niche, Cotten co-founded QuadrigaCX - Canada's biggest crypto exchange at the time. He positioned himself as this tech genius bringing crypto to the masses, living the dream: yachts, private islands, traveling the world. The guy was the face of Canadian crypto, and for a while, it actually worked. Thousands of people trusted him with their money. But there was one thing that should've raised red flags immediately: Cotten controlled the private keys to the cold wallets. Alone. Not shared, not backed up with anyone else. Just him. Which meant if anything ever happened to him, well... you can see where this goes. December 2018. Cotten and his wife go to India for their honeymoon. Then suddenly he's dead - supposedly from Crohn's disease complications. His body gets embalmed almost immediately. And then? QuadrigaCX just collapses. $215 million in Bitcoin and other assets suddenly inaccessible. Gone. Here's where it gets weird though. Cotten had updated his will just days before dying. Days. And the timing of everything - the trip, the death, the collapsed exchange - it all felt too convenient to a lot of people. Obviously the conspiracy theories started flying. Some people think he staged the whole thing and disappeared with the funds. Others reckon it was a Ponzi scheme from the start and his death was just the exit strategy. Investigators found millions in hidden transactions suggesting he'd been moving money around before vanishing. In 2021, investors were actually demanding they exhume his body just to confirm he was actually dead. Thousands of people lost their savings with zero recovery options. Canadian authorities ran multiple investigations but never found the money. And that's where it's sat for years - this massive unsolved mystery in crypto history. The Gerald Cotten case basically became the cautionary tale about why you need multiple people controlling exchange keys, why transparency matters, and why one person having total control is a disaster waiting to happen. It's honestly wild how this case still defines so much of how people think about exchange security today.