Will Bitcoin break through 110,000 next? Escaping the peak is often more crucial than bottom fishing.
Today's market highlights to focus on:
1. The market experienced a strong rebound after a pullback yesterday, with Bitcoin only 1000 points away from its previous high, and Ethereum returning to 2500+! CEX altcoins generally follow BTC's trend, with the core logic still being 'BTC new high = altcoins take off.'
2. The adjustment of mainstream coins is basically over, and the AI sector can continue to be monitored. The previously recommended ACT has high volatility and carries leverage properties, suitable for continued holding; for the DeFi sector, suggest positioning in $SUSHI , 1inch, Uni, expecting a rebound in the short term.
3. The stablecoin bill has been submitted to the Senate, and the market is actively speculating on related concepts, with $FXS , $AAVE, $CRV, $ENA , $LQTY, etc., having strong surges in the past 24 hours. If the bill passes, it will be a significant positive for the crypto market, driving explosive growth in stablecoins and overall market capitalization.
4. On-chain opportunities are limited, primarily taking a wait-and-see approach in the short term, awaiting Bitcoin's challenge of ATH, at which point altcoins may usher in a comprehensive celebration.
5. The review of VANECK's SOL ETF has been delayed by the SEC, but the overall regulatory attitude has softened.
6. The SEC chairman has signaled: will draft crypto rules, with a more open attitude, encouraging innovation.
7. Farcaster is about to launch wallet verification features, requiring a holding of $25+.
