(GENIUS Act) has been passed in the Senate
The Senate has passed the bipartisan supported (GENIUS Act), marking a key step towards consolidating the dollar's dominance. I look forward to working with my colleagues to develop comprehensive market structure legislation to protect consumer rights and ensure America's status as the world's cryptocurrency capital.
Sun Yuchen has once again become the focus, this time he returns to the public eye with TRON's new plan. The latest news shows that TRON will achieve a shell listing through the reverse acquisition of the listed company SRM Entertainment. There are several points worth noting about this operation:
1. Capital operation methods are sophisticated
- A formal agreement has been signed, and the new company will directly hold TRX
- Sun Yuchen's direct lineage will enter the board of directors
- More notably, Sun's father and former U.S. President Trump's son may join the management team
2. Market strategy shifts
Compared to other project parties, Sun Yuchen has invested significantly in public relations image in recent years, with notable effects. Although controversies abound, TRON has indeed made tangible contributions to the industry. This strategy of 'doing things first and then cleaning up' is quite unique in the crypto circle.
3. New trends in the industry are emerging
This shell listing may set a precedent, and more cryptocurrency projects may follow in the future. The traditional stock market has a deeper capital pool and better liquidity, which is highly attractive to quality projects. The success of MicroStrategy's company in gaining market favor by holding Bitcoin has proven the viability of this path.
The current market shows significant differentiation:
- Liquidity in the cryptocurrency market is nearing 2020 lows
- The Nasdaq is soaring, with dark horses emerging in the AI and biotechnology sectors
In contrast, many projects in the crypto market appear superficial, significantly increasing investment risks.
Domestically, internet giants are starting to布局 stablecoins:
- Following JD.com, Alibaba is also applying for relevant licenses in Hong Kong
- However, the market's first mover advantage has been seized by overseas institutions, making it very difficult to recover lost ground
On a macro level, attention needs to be paid to:
- The Federal Reserve is about to announce the interest rate decision
- Market expectations maintain the current interest rates
- The probability of interest rate cuts in July is less than 20%
- July-August may be an important investment window this year
Investment advice:
1. The market environment has changed, and the strategy of holding on tightly is no longer applicable.
2. It is recommended to replace underperforming assets with Bitcoin
3. Stay rational and do not let short-term fluctuations affect judgment
The current market requires more flexible responses, rather than blindly holding on. Choosing quality assets and maintaining patience is the right way to navigate through cycles. Remember: in the investment market, direction is more important than speed.
BTC
Yesterday, the expectation was that H4 was undergoing a triangular consolidation. The short positions entered around 108450 made a profit of 5000 points by last night at the lower edge of the triangle, but achieving this profit is quite challenging! This involves a grasp of position conditions!
Currently, there has been no break below the triangle's lower edge, be cautious about chasing shorts! For positions around 105000, the rebound first targets around 106800; if it breaks, continue to look at the triangle's upper edge of 108500-110400!
ETH
After plundering at the position of 2658, it has dropped back! For positions entered near 2658, getting to around 2500 is also quite difficult. To summarize again: in a fluctuating pattern, focus only on liquidity positions! Reduce the monitoring of positions in holdings!
Currently, liquidity below 2492 has been plundered and then reclaimed. For positions around 2500, the rebound first targets 2570-2610, if it doesn't hold, it will continue to fluctuate!
SOL
The short positions at the 158-160 level have made at least 10 points profit! But it is also a question of whether they can hold on! Currently, the high-quality accumulation zones are at 145-144 and 139-134. The rebound first targets 153-154, with a mid-term goal of 163-168!
The information and data mentioned in the content are sourced from publicly available materials, striving for accuracy and reliability, but no guarantee is made regarding the accuracy and completeness of the information. The content does not constitute any investment advice; investing based on it is at your own risk!
