News: Trump signs the GENIUS Act! Trump officially signed the GENIUS Act on the early morning of July 19, marking the entry of US stablecoin regulation into the 'licensed operation' era!
Short-term impact: ETH/BTC may face severe fluctuations
Bitcoin (BTC)
Short-term pullback risk: The bill clearly requires stablecoins to have 100% reserves in USD/Treasuries, leading to a short-term contraction in market liquidity
Long-term bullish: The era of on-chain US Treasuries begins, Goldman Sachs maintains target price at $200,000
Key support level: $116,000
Ethereum (ETH)
Spot ETF assistance: $3,500 is the iron bottom
Regulatory uncertainty: The bill does not clarify the legal status of ETH, increasing short-term volatility
Institutional movements: BlackRock has applied for ETH futures ETF, may be launched before September
Emergency strategy adjustment:
Clear positions immediately:
Non-USD compliant stablecoins
Small exchange platform token
Key layout:
Building positions in batches below $115,000 for BTC
RWA Three Musketeers: ONDO, MKR, $POLYX
ETH spot holders: can add positions below $3,500
Whale movements revealed:
Grayscale GBTC shorts have been accurately targeted
US bank stocks pre-market surge (JPM +4.3%, GS +5.1%)
Phoenix warning:
"Those who shout crash now are definitely the retail investors! The state personally issues guns, and those who dare not charge will be poor for a lifetime!"
"Fully invested in spot, lying still! September rate cuts + bill implementation = millionaire assembly line!"
If you want to make money, don't be a lone warrior! Follow me, comment to tell me your views, and let's seize the profit opportunities of the bull market together.
