#### Today's Market Overview: Bitcoin stabilizes at $110,000, market sentiment is high
1. Bitcoin Hits Historical High: This morning, Bitcoin's price breaks $111,878, setting a new historical record, currently fluctuating around $111,500. This breakthrough is attributed to Trump's policy support, institutional accumulation, and the passage of the (GENIUS Act) in the Senate, paving the way for stablecoin compliance.
2. Ethereum Strongly Follows Suit: Ethereum (ETH) reached $2,692 during the day, driven by BlackRock's BUIDL fund (scale of $2.88 billion) and expectations for Ethereum ETF approval, with a technical trend showing oscillating upward.
3. Market Risks and Opportunities Coexist: Bitcoin's daily RSI is overbought (72), short-term correction risks are increasing, but the support at $108,000 is solid, long-term holders are continuously increasing their positions, miner selling pressure is limited, and market resilience is strong.
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#### Core Logic Driving This Round of Market
1. Policy Dividend Release:
- The US (GENIUS Act) passed the Senate vote, establishing a compliance framework for the stablecoin market, which is expected to attract trillions of dollars in traditional funds.
- The Trump administration is promoting Bitcoin as part of the national strategic reserve, with multiple states (such as New Hampshire and Texas) passing Bitcoin reserve bills to strengthen its status as 'digital gold'.
2. Influx of Institutions and Capital:
- MicroStrategy invests another $2.1 billion to increase its Bitcoin holdings, with asset management giants like BlackRock and Fidelity accelerating their layout in the Ethereum ecosystem and RWA (real asset tokenization) track.
- The total scale of Bitcoin ETFs exceeds $250 billion, with a net inflow of $4.2 billion in May, institutional holding costs locked in at $92,000, forming a 'diamond bottom' support.
3. Macroeconomic Risk Aversion Demand:
- US Treasury yields soar and the dollar weakens, combined with geopolitical risks (such as Russia-Ukraine ceasefire talks), driving funds toward Bitcoin and other anti-inflation assets.
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#### Next Phase Hotspots and Potential Coins
1. Ethereum Ecosystem (ETH, ARB, SUI)
- Core Logic: Ethereum's Pectra upgrade reduces Gas fees, BlackRock's RWA layout and ETF approval expectations are heating up, with a target price of $3,000.
- Potential Projects:
- Arbitrum (ARB): Leading Ethereum Layer-2, with TVL exceeding $20 billion, Nitro upgrade will enhance transaction efficiency.
- Sui (SUI): A representative high-concurrency public chain, supported by a $1 billion ecological fund, adaptable to metaverse and high-frequency trading scenarios.
2. Solana Ecosystem (SOL, JUP, BONK)
- Core Logic: High throughput (TPS over 60,000) attracts meme coins and institutional applications, with a target price of $1,000.
- Potential Projects:
- Jupiter (JUP): Solana's largest DEX aggregator, ecological traffic entrance, recently integrating multi-chain wallet functionality.
- Bonk (BONK): Community-driven meme coin, collaborating with Starbucks to promote physical payment scenarios.
3. Meme Coins and Celebrity Effects (TRUMP, PEPE, XRP)
- Core Logic: The Trump dinner event catalyzes, TRUMP coin holders receive White House entry tickets; XRP has a historical increase of 580%, with technical breakthroughs on resistance levels, expected to impact $4.
- Strategic Advice: Participate with a light position (≤5% allocation), pay attention to on-chain whale movements and social media trends.
4. Decentralized AI and RWA Tracks (TAO, RNDR)
- Core Logic: The demand for AI computing power is surging, Bittensor (TAO) is building a decentralized machine learning network; Render (RNDR) integrates idle GPU resources to empower 3D creation and the metaverse.
- Target Price: TAO (breakthrough $1,200), RNDR (impacting $15).
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#### Operating Suggestions and Risk Warnings
1. Short-term Correction Risk: If Bitcoin falls below the support of $108,000, it may revisit $105,000, suggesting setting a stop-loss below $103,000.
2. Position Allocation:
- Mainstream coins account for 60% (BTC 40%, ETH 20%), altcoins 30% (SOL, ARB, XRP), retaining 10% cash to respond to volatility.
3. Compliance and Security: Prioritize licensed exchanges (such as Binance, Coinbase), and store large assets in hardware wallets.
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Conclusion: This round of market is driven by 'policy + institutions + technology', after Bitcoin stabilizes at $110,000, funds may rotate towards Ethereum, Solana, and AI/RWA sectors. It is suggested to pay attention to compliant main lines and ecological innovation, and beware of irrational chasing under FOMO sentiment.
#BTC #ETH #SOL #TRUMP #RWA
（Disclaimer: This article does not constitute investment advice, the market has risks, and decisions should be made cautiously.)