When Trump's tariff war pulled the global market into a panic, capital quietly shifted tracks: stablecoin circulation hit a historic high, long-term capital aggressively bought BTC against the trend, and the ETF channel resumed a capital frenzy, with the crypto market becoming a safe haven for funds. Is that a bit unexpected?
The market is sending a clear signal: short-term fluctuations cannot mask the strengthening underlying logic of the long-term bull market.
I. After macro disturbances, the long and short battle in the crypto market is approaching a turning point
At the end of April, following the new round of tariff actions by the U.S. against China, Trump publicly stated that 'it will not last long,' which directly alleviated short-term market sentiment. The capital market reacted quickly: stablecoin issuance increased by $2.17 billion, and BTC returned to the $95,000 mark. On the surface, it seems like a market rebound, but essentially, global liquidity is seeking assets with higher certainty.
The signals released by the stablecoin market are even more direct: **The demand for USDT and USDC has soared, with short-term financial products seeing annualized yields generally raised by 2-3 percentage points, and USDT lending on OKX briefly spiking to 39%.** In other words, capital is 'rushing in' rather than fleeing.
Mlion.ai platform data shows that stablecoin premiums have started to rebound, which historically has often been a precursor signal for a shift in market sentiment from cautious to aggressive. If you want to capture such data anomalies in a timely manner, Mlion.ai's data dashboard can provide real-time monitoring and liquidity heat maps to help you seize the 'temperature changes' in the market.
II. Changes in funding structure: ETF + long-term on-chain capital forming a synergy
Data shows: This week, inflows into digital asset ETFs reached $3.014 billion, setting a new record for the year. Meanwhile, on-chain monitoring indicates:
Long-term investors increased their holdings by 120,000 BTC this week.
Shark addresses (holding 100-1000 BTC) have increased their holdings by nearly 30,000 BTC in a week.
The outflow from exchanges reached 62,000 BTC, indicating that market selling pressure is significantly decreasing.
In this rebound, short-term chips dominated the on-chain selling behavior, accounting for as high as 96.7%. This means that the 'smart money' is actually increasing positions during this round of volatility rather than cashing out.
By using Mlion.ai's on-chain whale tracking and capital flow analysis features, users can clearly identify which addresses are accumulating and which are offloading, avoiding decisions influenced by short-term volatility.
III. From external battles, looking at long-term opportunities: The US-China confrontation is pushing a new cycle in crypto.
The trade war is a mirror that reflects the dramatic changes in the current geopolitical landscape. The global supply chain is undergoing a new round of reshuffling, and the choices of about 80 key intermediary countries will profoundly impact the 'bargaining chips' between the U.S. and China.
Citibank's latest prediction states: **By 2030, the market value of stablecoins will reach $1.6 trillion under the baseline scenario and $3.7 trillion in an optimistic scenario.** More importantly, Citigroup has suggested for the first time that 'stablecoin issuers may replace China as one of the largest holders of U.S. debt.'
What does this mean for the dollar-dominated financial order? Stablecoins may become America's new 'dollar agents' in global capital outflows, while borderless assets represented by Bitcoin will play the role of 'digital gold.'
This is precisely the macro trend signal that Mlion.ai excels at identifying— the platform conducts semantic analysis on key news, global KOL sentiment, and policy dynamics to help users assess the potential market cascading effects behind each policy.
IV. Three core sectors: Who will carry the banner for the next bull market?
1. DEFI
As the migration of traditional financial assets onto the blockchain becomes a trend, DEFI protocols with real yields are being repriced. In particular, the RWA (Real World Assets on-chain) sector has become the focus of long-term capital inflows.
Mlion.ai provides a detailed analysis of the TVL changes in RWA protocols, wallet address behavior tracking, and cross-protocol capital migration paths, helping users avoid missing genuine value targets amidst the noise.
2. Stablecoins
Citigroup's predictions are not without basis. Giants like USDT, USDC, and FDUSD are embracing regulatory compliance, with the underlying trend being that stablecoins are about to become a supplementary form of sovereign currency.
In the coming years, U.S. policies will undoubtedly accelerate the promotion of stablecoin legislation, and the combination of stablecoins and U.S. debt may give birth to an 'on-chain central bank.'
3. Tokenization of U.S. stocks (Tokenized Securities)
In the direction of integrating traditional finance with crypto, the tokenization of assets such as stocks and bonds is obtaining positive guidance from U.S. regulators. BlackRock, Citigroup, UBS, and JPMorgan have all entered the field rapidly. The DeFi version of Nasdaq is brewing.
Mlion.ai's data center has incorporated structural analysis and potential impact models for such Token products, providing compliance trends, price fluctuations, and trading strategy recommendations.
V. Short-term outlook: Beware of turbulence, but don't be overly pessimistic
Currently, Bitcoin prices are fluctuating around the $95,000 mark, with severe market divergence:
If it further attacks the $97,500 mark, it will trigger a $1.5 billion short liquidation.
If it falls below $86,000, it will trigger a $3.2 billion long liquidation.
In the short term, the battle between long and short positions is extremely intense, and a 'liquidation cascade' could erupt at any moment. However, from a medium to long-term perspective, the issuance of stablecoins, continuous inflow of ETF funds, and ongoing net accumulation by institutional addresses on-chain constitute a clear underlying support.
In the early stages of this structural bull market, real opportunities often lie amidst short-term turbulence.
Through Mlion.ai's strategy diagrams and AI market daily report functions, users can quickly obtain trend changes, concentrated liquidation points, and hot capital inflow distribution maps to assist in decision-making and avoid high-risk areas.
VI. Conclusion: While others are in fear, can we rationally place our bets?
From Trump's signing of the 'Bitcoin Strategic Reserve' to the accelerated implementation of stablecoin regulations, and the rapid entry of long-term institutional capital, the crypto market is transitioning from a less favored experimental ground to a core of global new finance.
Where will the next opportunity come from? Not from chasing popular sectors, but from standing at the starting point of new narratives in advance.
Mlion.ai, as an AI-driven crypto investment research assistant, is building the shortest path between you and the next wealth explosion.
Disclaimer: This article is for information sharing only and does not constitute any investment advice. Digital assets are highly volatile; please operate cautiously based on your risk tolerance.
