Yesterday, the U.S. Senate submitted and aims to advance a 'GENIUS Act' that will make America's payment systems faster and more modernized (similar to the existence of Alipay and WeChat Pay in the country).

The bill will ensure the dominance of the dollar, protect consumers, increase demand for U.S. Treasury bonds (over $1 trillion), and promote innovation in American digital assets.

Trump wants to achieve dual control of the dollar and cryptocurrency through this bill, ensuring that the dollar remains in an absolute dominant position, thereby reestablishing American hegemony.

The promotion of digital currency will make it easier for more people to use digital currency for payments or transactions in their daily lives, increasing its practicality.

However, this payment method still needs time to be implemented. Before it is realized, it can only create short-term positive sentiment. The market fell one day and rose back the next night. Within 24 hours, there was a major short position explosion, and the upper liquidity layer remains very thick. There are still many people who are bearish on the market. The market liquidity is too abundant, so everyone should be cautious when operating ⚠️ do not fall into liquidity traps.