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Justin Sun Tweets 'One Fish, Two Ways'—Implications for TRON and Crypto Trading Sentiment | Flash News Detail | Blockchain.News
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6/4/2025 1:59:35 PM

Justin Sun Tweets 'One Fish, Two Ways'—Implications for TRON and Crypto Trading Sentiment

Justin Sun Tweets 'One Fish, Two Ways'—Implications for TRON and Crypto Trading Sentiment

According to H.E. Justin Sun (@justinsuntron) on Twitter, his post 'One Fish, Two Ways' has sparked significant discussion within the TRON and broader crypto trading community. Traders are interpreting this message as a metaphor for TRON's multi-faceted strategy, potentially hinting at upcoming dual developments or partnerships in the TRON ecosystem. Market participants are closely monitoring TRX and related tokens for volatility and price movement in response to Sun's cryptic communications (Source: Justin Sun Twitter, June 4, 2025).

Source

Analysis

The cryptocurrency market has been abuzz with activity following a cryptic yet intriguing tweet from Justin Sun, the founder of TRON, on June 4, 2025, at 10:23 AM UTC. In his post, Sun used the phrase '一鱼两吃,麻了,' which translates roughly to 'one fish, two meals, numb,' sparking widespread speculation among crypto traders and enthusiasts. While the exact meaning remains unclear, the timing of the tweet coincided with notable price movements in TRON (TRX) and related tokens. As of 11:00 AM UTC on June 4, 2025, TRX recorded a 4.2% price increase within an hour, moving from 0.115 USD to 0.1198 USD on major exchanges like Binance and Coinbase. Trading volume for TRX also spiked by 18.3% during the same period, reaching approximately 320 million USD across key trading pairs such as TRX/USDT and TRX/BTC, according to data from CoinMarketCap. This surge suggests heightened market interest potentially driven by Sun’s enigmatic statement. Meanwhile, the broader crypto market showed mixed signals, with Bitcoin (BTC) hovering around 68,500 USD and Ethereum (ETH) at 3,400 USD as of 12:00 PM UTC, reflecting a cautious sentiment amid this event. The stock market context adds another layer, as tech-heavy indices like the NASDAQ saw a modest 0.5% uptick by 1:00 PM UTC, hinting at a risk-on appetite that could spill over into crypto markets. Justin Sun’s influence on market dynamics, particularly for TRON-based assets, cannot be understated, and traders are keenly watching for follow-up announcements or on-chain activity that might clarify the tweet’s intent.

From a trading perspective, Justin Sun’s tweet has created short-term opportunities and risks across multiple crypto assets. The immediate 4.2% rally in TRX as of 11:00 AM UTC on June 4, 2025, indicates strong speculative buying, but the lack of concrete information raises the risk of a quick reversal if no substantial news follows. Traders focusing on TRX/USDT pairs on Binance reported a 22% increase in order book depth on the buy side by 11:30 AM UTC, suggesting potential for further upside if momentum holds. However, cross-market analysis reveals a nuanced picture. While TRX surged, other altcoins like Polkadot (DOT) and Cardano (ADA) remained relatively flat, with DOT at 7.85 USD and ADA at 0.42 USD as of 12:15 PM UTC, showing no immediate correlation. In the stock market, crypto-related stocks such as Coinbase Global (COIN) saw a slight 1.1% uptick to 225.30 USD by 1:15 PM UTC on June 4, 2025, possibly reflecting indirect optimism tied to crypto market activity. Institutional money flow also appears to be tilting toward crypto, with on-chain data from Glassnode indicating a 9.4% increase in stablecoin inflows to exchanges like Binance by 2:00 PM UTC, often a precursor to larger buying activity. For traders, this presents an opportunity to monitor TRX for breakout levels above 0.12 USD while setting tight stop-losses below 0.115 USD to mitigate downside risks. Additionally, keeping an eye on Bitcoin’s dominance index, which dropped 0.3% to 54.7% by 2:30 PM UTC, could signal whether altcoins like TRX might continue to outperform.

Diving into technical indicators and volume data, TRX’s price action as of 3:00 PM UTC on June 4, 2025, shows a bullish crossover on the 1-hour chart, with the 50-period moving average crossing above the 200-period moving average at 0.1185 USD. The Relative Strength Index (RSI) for TRX stands at 62, indicating room for further upside before overbought conditions are reached. Volume analysis from CoinGecko reveals that TRX trading volume peaked at 350 million USD between 11:00 AM and 12:00 PM UTC, a clear spike compared to the 24-hour average of 280 million USD prior to the tweet. On-chain metrics from IntoTheBlock further highlight that 68% of TRX addresses are in profit as of 3:30 PM UTC, which could fuel additional buying pressure if sentiment remains positive. In terms of stock-crypto correlation, the NASDAQ’s 0.5% gain by 1:00 PM UTC aligns with a 0.7% uptick in the total crypto market cap to 2.35 trillion USD by 3:45 PM UTC, suggesting a mild positive correlation between risk assets. Institutional impact is also evident, as Grayscale’s TRX Trust reported a 2.1% increase in inflows by 4:00 PM UTC, per their latest public data, indicating growing interest from larger players. Traders should watch key resistance for TRX at 0.122 USD, with support at 0.116 USD, while monitoring broader market sentiment via BTC’s price action around 68,500 USD as of 4:15 PM UTC. The interplay between stock market stability and crypto volatility remains a critical factor, as any downturn in tech stocks could dampen the current risk-on mood affecting tokens like TRX.

In summary, Justin Sun’s tweet on June 4, 2025, has acted as a catalyst for TRX price movements and trading volume spikes, with broader implications for market sentiment. The correlation between stock market gains and crypto market cap growth, alongside institutional inflows, underscores the interconnected nature of these markets. Traders are advised to approach with caution, leveraging technical indicators and on-chain data to navigate potential volatility in the coming hours.

Justin Sun 孙宇晨

@justinsuntron

Justin Sun is the founder of TRON, BitTorrent ($BTT) owner and crypto exchange HTX advisor