MGBX held its first English Twitter Space on August 28 to share market views and product updates with a global audience. The guest speaker was crypto creator Crypto Blood, known in the community for sharp analysis and a pragmatic trading approach.
At the outset, the host recapped MGBX product evolution since 2019—from continuous iteration in spot, futures, and AI copy trading to recent upgrades to the smart copy-trading system and a refreshed UI aimed at a smoother trading experience. During the Space, MGBX also announced plans to appear at TOKEN2049 Singapore for in-person engagement with overseas users.
The discussion centered on Crypto Blood personal journey, his read on the market, and practical advice for investors. The session was lively and tightly paced, with Q&A pushing the conversation deeper.
Crypto Blood began with his background and the origin of Bloodalytics. He entered crypto in 2013 after building a systematic approach in U.S. equities and FX; leveraging a software engineering background, he used MT4 EAs for semi-automated trading early on. With limited tooling in the early crypto days, he moved to TradingView and Pine Script to codify rules for entries, stop losses, and staged take-profits, iterating toward what became Bloodalytics—designed not only to give himself reliable, testable signals, but also to help others adopt the same method with less trial and error.
He then outlined guidance for newcomers. The most common pitfalls, he said, are blurring the line between investing and trading, lacking strict stops, and operating without a coherent system. The way out is to build and validate an executable framework (backtesting + forward testing) and put risk management first.
Turning to the market backdrop, the host and Crypto Blood discussed the current environment. His view: deeper institutional participation has tightened crypto linkage with U.S. equities, with ETF flows shaping short-term rhythm and making structural dispersion more frequent. In earlier years crypto correlation with Wall Street was low; as participation and ETF grew, more flow originates from Wall Street and portfolio rebalancing happens more often—on weak equity days, capital may sell crypto to offset losses or raise cash. As a result, Nasdaq futures have become his morning temperature check; compared with the S&P 500, he sees Nasdaq as more closely aligned with crypto daily direction.
He also flagged a notable shift: ETH relative strength and a tentative decoupling from BTC. In his multi-year observation, such magnitude is uncommon and looks like rotation from BTC toward ETH ETF, alongside a market re-pricing of risks tied to large BTC-exposed entities. In extreme scenarios, forced reductions could spark price-level chain reactions. Barring a clear downturn in equities, he leans toward a phase where ETH outperforms; if U.S. stocks roll over, the risk-off spillover to crypto warrants caution. From a role standpoint, short-term traders mainly need volatility and a system to go long or short; long-horizon investors are more exposed to drawdowns and should keep dry powder and add in tranches at lower levels. Methods can vary by person, he noted, but risk management ultimately defines the experience.
Lastly, Crypto Blood shared his opinion on what makes a good exchange into three points: stability and fairness (accurate charts/quotes, no outages, no stop-hunting), security and operations, and the test of time. On derivatives, he returned to fundamentals: risk control / money management / execution discipline. As for working with MGBX, he described the experience as positive, citing the platform’s openness in copy trading and reliable product craftsmanship, and looks forward to integrating HedgeLytics low-risk signals into copy trading while exploring synergies with wealth-management features.
In closing, the host emphasized that MGBX will continue to optimize products, accelerate spots trading development, and improve the copy-trading stack to further improve user experience. For more updates and events, visit https://www.mgbx.com/ or follow the official X (Twitter) account @MGBX_EN for first-hand news. Through steady iteration and global expansion, MGBX aims to deliver on its commitments—Beyond trading, your long-term partner in crypto.
