Several key points to focus on:

1. Regarding the rumors that the mainland will open the cryptocurrency market, it has been confirmed that the central bank governor Pan Gongsheng has indeed made some relatively open remarks, but the complete opening of digital currency trading in the mainland is still considered impossible by many, as it concerns financial order and values, as well as the core issue of foreign exchange control. However, it cannot be ruled out that some leading capital institutions may take the opportunity to speculate and preemptively buy, which is one of the strong performances of Bitcoin;

2. Data shows that Bitcoin spot ETFs have recently been exceptionally strong, driven by the passing of the stablecoin bill. Currently, there are about 50% more people in the U.S. holding Bitcoin than those holding gold assets, indicating a very high enthusiasm for Bitcoin;

3. The market capitalization of Bitcoin continues to rise, which shows a negative correlation with the arrival of the altcoin season, but indicates that the market's focus remains on Bitcoin. This is favorable in the short term, but in the long term, it may pose certain risks to the overall market.

In summary: Before Bitcoin officially enters a high-level downward adjustment, there is a strong expectation for a new high. If we reduce positions near the 105,000 point level, even if it briefly breaks 110,000 USD in the short term, it is still within an acceptable range for us. If there is a reversal later, at least the 30% idle funds from the reduced positions can be fully invested in Ethereum and some strong altcoin sectors. The concentrated altcoin market will definitely see a wave. A better scenario is that after the high-level fluctuations end, Bitcoin undergoes a final pullback of around 8,000 to 10,000 points, providing a last opportunity to enter at a lower point for the established target.

Ethereum remains unchanged at this stage, and it has been emphasized many times that we will temporarily continue to hold at a strategic level, buying and not selling until the big market peaks.

The ancient-level big player from Uni has made a third purchase, which I personally consider a relatively good signal. Pulling it up to six dollars to double, I believe it is not a problem in the visible second half of the year.

Other altcoins are pending, as the market does not fall one day nor rise, blocking out noise and maintaining a slow pace.