News analysis
Policy U-turn: SEC's new chair Atkins tears up the former 'regulatory script', strongly supports self-custody wallets and on-chain finance, defines 'self-custody rights' as 'an American fundamental value', significantly lowers the compliance threshold for staking and lending, opening the floodgates for trillion-dollar on-chain funds.
Global stablecoin compliance: The U.S. (GENIUS Stablecoin Bill) passes procedural voting, while Hong Kong simultaneously establishes a regulatory framework, with hundreds of billions in new funds potentially entering through stablecoins, restructuring liquidity.
Geopolitical assist: Easing of U.S.-China tariff negotiations + Trump's 'strategic Bitcoin reserve' plan, strengthening BTC's 'anti-fragile' attributes, with a surge in institutional hedging demand.
Technical signal
Key level offense and defense: BTC stands firm at $108,000 (daily support); breaking through $108,900 will trigger short liquidations ($685 million waiting to be detonated), while falling below $105,500 could trigger selling pressure.
Indicator resonance bullish: 50-day/30-day moving average 'golden cross' + negative funding rates, historically similar patterns indicate an accelerating bull market, targeting $120,000.
Institutional undercurrents: Coinbase premium continues + MicroStrategy floating profit of $23 billion, large whales reduce circulation, solidifying a slow bull structure.
SEC flips, trillion-dollar capital reallocates, K-line golden cross fires on all cylinders—miss this bus, is the next stop the moon or the cliff? Practical insights from the crypto world, click my avatar to follow me for more. Deployment of hundred-fold potential bull market coins and daily spot strategies available!
