Trump Slams the Federal Reserve + Acceleration of ETF Approvals! Is the Crypto Circle About to Welcome an Epic Market?
Recently, the crypto market has been turbulent, with Trump continuously criticizing Powell and calling for an immediate interest rate cut, while the tax increase deferral has been extended to August 1, and tariff clouds are rising again. However, the global stock markets and the crypto circle remain surprisingly calm, indicating that the market has already digested expectations in advance.
A bigger storm is brewing on the regulatory front: the SEC is preparing a new framework for fast-tracking cryptocurrency ETF approvals, with a draft expected to be announced this month. This means that currencies like SOL, Doge, and LTC are likely to accelerate their compliance, bringing opportunities for new capital inflows, with a consensus currently forming around positions below 10%.
Although last week’s “ancient whale” black swan delayed BTC’s push to $110,000, the washout has been 90% complete. With negotiations on tariffs between the US and Japan, the US and South Korea, the US and India, and between China and the US coming to a close, a new round of market action in the crypto circle is on the horizon.
In terms of strategy, BTC remains the core ballast, with ETH, BNB, and SOL each allocated 5%-10%. Other altcoins need to be strictly controlled within a total position of 10%, and non-BTC coins should not exceed 30%. Patiently wait for the favorable wind; a new round of wealth feast may be just around the corner.