Bitcoin has returned to $110,000, just over $2,000 away from a new high, and the altcoin market is gradually showing improvement. In the DEFI sector, $aave, $uni, $mkr, $ena, and others are quite strong, and may continue to perform well due to favorable policies. The passing of the stablecoin bill will consistently benefit the entire cryptocurrency industry, especially the leaders in DEFI, which deserve close attention.

Kaito is doing well, Binance Alpha is performing well, and Virtual points are also friendly plays for retail investors, so everyone should actively participate.

Currently, there is no need for any analysis on Bitcoin; the signals are already very clear. The trend for the second half of the year has been established since June, so it is crucial to cherish these moments. Every dip presents a limited opportunity to scoop up quality altcoins. Do not listen to anyone's analysis; with the expectations of stablecoin legislation and interest rate cuts in the second half of the year, the market will be very wild. Bitcoin is estimated to reach between $150,000 and $200,000.

Today's key points:

1. The on-chain market went crazy last night, with the ancient cat $aura pulling a 30x increase overnight, and from the low point, it has basically reached a 50x increase. The market cap peaked at over $50 million.

2. LABUBU has seen significant movement due to recent auction activities, pulling back from a low of $18 million to over $40 million in market cap. Whether it can sustain this depends on the market makers, but community sentiment is strong as this IP is very popular.

3. Crying Baby $crybb has stabilized at around $10 million since launching on the Bonk platform. Although there are many address manipulations, if it can maintain this stability, the market makers will likely continue to create movements, so it is worth keeping an eye on.

4. Launchcoin continued its ascent last night, with a market cap reaching $250 million. With a pump at a $4 billion valuation, the market will further elevate Launchcoin's market cap, and there is still room for growth. Other launching platforms can also be monitored, as the logic remains the same.

5. The on-chain DEX $hype continues to reach new highs, and the focus should be on Aster Lighter moving forward. The fundamentals look good, and there was also the recent launch of $home on Alpha, which has shown strong performance and is already listed on Coinbase. The market is currently looking for alternatives to Hype, so there are many opportunities.

6. The Virtual points project Iris is worth researching; the fundamentals are okay. If you have points, it is worth paying attention to and participating in.