The current market is just like a soap opera: Iran and Israel just 'paused hostilities', everyone thought there would be a rebound, but Trump and Musk are at it again.
Do you remember the last time they had a historic reconciliation? Old Musk tweeted an apology, Trump graciously embraced after firing back, and the media captured a friendly handshake, Bitcoin directly surged past 110,000.
This time, it turned into 'turning against each other'—just as the (Great American Act) was about to be released, Musk suddenly fired back: this act 'destroys jobs, ruins industries', to which Trump replied: 'A good person, just too talkative.'
And the result? Tesla dropped 7% in after-hours trading. If the argument continues to escalate, U.S. stocks are very likely to correct directly tonight, and the crypto market can’t escape the collateral damage.
After all, last time two big shots joined forces to 'support', this time it seems like 'mutually stepping on each other', crypto friends, hold your positions steady, don’t act rashly.
Is the SOL ETF really approved? Don’t be fooled by the word 'staking'!
Today, many people were cheering in the group early on that 'SOL ETF has been approved!', but the truth is:
What has been approved is a 'REX-Osprey Solana Staking ETF', essentially a staking fund, not the eagerly anticipated spot ETF.
The differences between the two are huge:
Spot ETF: Hold real SOL, trading is flexible, just as convenient as stock trading;
Staking ETF: Locking assets to earn interest, slow trading, and pricing is easily manipulated.
This thing is, to put it bluntly, a 'yield-bearing locked fund', it doesn’t solve the issue of 'trading liquidity'. Not to mention, the price fluctuations of such products can easily deviate from the spot, if SOL skyrockets, the fund may not keep pace.
So it’s normal for the market to have little reaction, don’t be misled by media headlines.
Ethereum ETF keeps dropping? Behind it is the foundation dumping 165 million!
Recently, there’s a magical phenomenon regarding ETH: ETFs are pouring in daily, institutions are continuously increasing positions, but the price just won’t move.
On-chain data revealed the truth: two old addresses redeemed a total of 95,000 ETH, of which 68,000 (about $165 million) have already been dumped into exchanges like HTX and OKX, and the remaining 27,000 are likely on the way.
Worse still, the average price of ETH when staked last year was $2878, and now the dumping price is $2431, this wave alone lost the foundation $42.6 million.
Buyers are weak, sellers are aggressively smashing, and ETH naturally can’t bounce back. Only when the staking ETFs come out and solve the issue of locked assets can this situation possibly reverse.
Altcoins enter the 'elimination countdown', the OKX delisting wave is just the beginning!
Recently, altcoins are more fragile than anyone—any little wind or movement causes a plunge.
OKX has quietly started clearing its inventory, inactive, unupdated, and uninnovative old coin projects are being kicked out of exchanges. It’s like announcing in advance: these coins are out.
Only these three types will survive:
With consensus flow: like PEPE, this type of meme leader, market enthusiasm remains high;
With capital control: like SUI, the backers are continuously operating the ecosystem;
Those who really get things done: DeFi leaders like AAVE, UNI, and projects like SEI that keep pushing products.
In the future, there will be no 'hundreds of flowers blooming', only 'survival of the fittest'.
The script for the second half of the year has been released: grinding → waiting → breakthrough in September?
From today, the second half of 2025 officially begins. Don’t have too high hopes in the short term, July-August will likely continue to grind, but opportunities are being nurtured:
Every time there's a 'drop caused by disputes', 'ETF blunder', or 'big players dumping', it’s actually filtering chips, waiting for the explosion window after September's interest rate policy is implemented.
Three major operational suggestions for the current stage:
Avoid zombie coins and old projects: the OKX delisting list can be used directly as a 'landmine avoidance list';
Don’t be fooled by ETF headlines: if ETH and SOL can really surge, it must be driven by 'spot ETFs', not 'staking versions';
Stay steady during titans tearing each other apart: don’t chase highs, save bullets for September, that’s the wisest move.