Tonight, after the US stock market opens, the main funds for Bitcoin will be coming back.
Last week, the net inflow of Bitcoin ETF exceeded 3 billion USD, and over the weekend, MicroStrategy released investment trends, suggesting continued large-scale purchases.
At the same time, the son of the US Secretary of Commerce, in conjunction with SoftBank and Tether, also bought over 3 billion USD worth of Bitcoin, clearly following MicroStrategy's lead.
Additionally, the Arizona bill concerning Bitcoin reserves has entered the final voting phase, and at least five other states are preparing, meaning state-level funds will soon be entering the market—previous estimates suggested this wave could bring about 30 billion USD in buying.
There's even better news, which is Trump's 'National Strategic Reserve' plan: rumors suggest that part of the tariff revenue will be used to buy Bitcoin. If true, not only will the amount be considerable, but it may also incentivize other countries to join in.
Overall, the funding side supports the rise of Bitcoin without any issues.
The biggest suspense now is whether it can rise to 150,000 USD or 200,000 USD this year.
As for the longer term, Cathie Wood's latest prediction:
If the market is poor, Bitcoin could reach 300,000 USD by 2030;
If the market is normal, 710,000 USD;
In a bull market, it could even reach 1.5 million USD.
What seemed absurd before now feels quite reasonable.
Let's talk about the situation with altcoins:
The Ethereum (ETH/BTC) exchange rate has stabilized recently, currently above 0.019, and the ETH price has also held steady above 1,800 USD.
There are two positive expectations in the short term:
On May 7, Ethereum will undergo the 'Pectra' upgrade.
A staking version of the Ethereum ETF is also in progress; Grayscale has been urging the SEC to approve it over the weekend, as they have missed out on 61 million USD due to the delayed staking ETF, showing that institutions are also very anxious.
In the long term, Ethereum has a significant upgrade called 'RISC-V' that can greatly enhance the main chain's performance, allowing it to compete directly with new public chains like SOL and SUI. The founder of ZKSync also mentioned that this will help Ethereum regain its status as the 'World Computer.'
Regarding other altcoins:
The privacy coin XMR recently surged nearly 40%, rumored to be due to 3,250 Bitcoins being stolen, with hackers using XMR for money laundering.
In terms of sectors, Meme, #AI, #DeFi, and #ETF-related tracks are all showing strong trends.
Meme sector: $Fartcoin, $Bonk, and $Pengu have skyrocketed, with market caps exceeding 1 billion USD. Along with $Trump, there are continuously large holders competing for rankings; these four are already the top four Memes on the Solana chain.
AI sector: $TAO returned to 8 billion USD FDV, coins like $Virtual, $ARC, $AI16z, and $VVV have averaged over 50% increase in the past few days, and the new project Babble_OS is also very hot.
DeFi and public chain sector: $FIS, $RAY, $LAYER, $SEI, $HBAR, and $ALGO are all showing strong trends. This year, altcoins that have applied for ETFs are worth paying close attention to.
Regarding new coins:
Binance Alpha just launched Sign, and users with 65 points can directly receive 1500 airdrop coins within 10 minutes after the opening, which is essentially free money.
Another Alpha project, Haedal Protocol, will also start trading tomorrow, so keep an eye on it.
Today's article ends here, welcome to come to the homepage and play together~
Investing carries risks; the above content is personal sharing and does not constitute investment advice!