This is incredible, brothers!
The Nasdaq and S&P 500 are like they've taken medicine, smashing historical highs.
The US dollar index, however, has dropped like a dead dog, falling below 97, down more than 10% over the year.
Bitcoin has been hammered into a 'deep V' by the news, and it's only 2% away from a new high.
As soon as the PCE data came out, traders immediately went all-in betting on at least three rate cuts this year.
Everyone feels that the Federal Reserve will have to admit defeat by September at the latest and reopen the floodgates.
What exactly is the situation with Bitcoin now?
Technical analysts keep mentioning the weekly top divergence.
It sounds quite scary, but it can't be helped that US stocks are too strong.
Bitcoin's high-level consolidation hasn't collapsed.
The trading volume for daily breakthroughs has been increasing lately. This is quite divisive.
Bearish signals are hanging, yet prices keep rising.
The sense of direction is like a headless fly; in this chaotic period,
For the veterans, it's actually a good time to fish in troubled waters.
On the Ethereum side, the on-chain locked amount has reached a historical high.
US dollar stablecoins are crazily bottoming out.
It feels like it's laying the foundation for Ethereum and building a moat.
July? I estimate we'll see the truth then.
If it's a mule or a horse, it should be taken out for a walk.
Last week, the Bitcoin spot ETF was an absolute money-sucking beast.
Net inflow of 2.2 billion dollars! A new high for March.
Moreover, there have been 14 consecutive days of net inflow, it's like they can't stop after eating a piece of gum.
The Ethereum ETF also benefited, with a net inflow of about 50 million dollars.
Aside from US stocks leading the way, global issues are also scaring money into Bitcoin.
Although overall trading volume is a bit sluggish, the inflow of funds is quite strong and confident.
Stablecoins have been overhyped recently!
Any concept that is even remotely related can give you a short-term boost.
domestically, JD, Alibaba, and state-owned brokerages,
A pack of wolves has started to contemplate this thing.
Even established payment platforms like Lakala are saying they want to 'pay attention to stablecoin opportunities.'
Let’s not be fooled, stablecoins are just tools.
It's a pipeline for big institutions to move money.
It's not a product that tells you to buy directly!
We just need to understand one thing: these big shots are all eyeing this area.
This means there will be more real money in the future.
Through this channel, money flows into the crypto market, raising all boats, got it?
If you want to make money, you still need to find other outlets!
When it comes to making money, it still has to be Trump who's impressive.
Last week, they just paid off a 114 million dollar loan for Trump Tower.
The market conservatively estimates that they have at least made 500 million dollars in the crypto space this half year!
With the presidential halo behind it, the 'Trump Fund' is incredibly precise and ruthless in cutting leeks.
To be honest, I am a bit looking forward to him doing that 'tokenization of US debt' thing.
Imagine, would global retail investors pay for US debt?
That scene was absolutely bloody.
However, in chaotic times, heroes emerge; this level of storm eye,
This will inevitably give rise to a group of fierce characters who are incredibly perceptive and daring.
Crossing classes? Opportunities might be hidden in this sea of blood.
With the third quarter approaching, this is definitely the stage with the most drama this year!
The matter of interest rate cuts is basically a given.
Trump will most likely replace the next Federal Reserve chair with his own person ahead of schedule.
By September at the latest, SOL's ETF is very likely to be implemented.
The ETFs for LTC, BCH, XRP, and DOGE, these 'old internet celebrities,' are also uncertain.
Even Ethereum staking might also be opened up.
When it really comes to that, the market will be filled with noise and firecrackers!
Doesn't that sound pretty good, brothers?
But making money is truly difficult!
From May until now, aside from those holding Bitcoin, others can still get a bit of soup.
Other coins? It's a tragic sight! The trading volume on BN has dropped 80% from its peak.
The primary market is stagnant, occasionally showing signs of life.
Most of the altcoins in the secondary market have fallen back to pre-liberation levels.
Some are still sliding down. In this round of cycles,
For most players, it truly is difficult to earn money.
In the past, measuring whether the market was hot or not was based on how much real money players made.
In the last bull market, retail investors made a total of 550 billion dollars. What about this round?
Having only covered a little over half, profits have already reached 650 billion!
There's so much money now, but the essence of the ecosystem has changed.
Institutions have a profit effect, but retail investors no longer have it!
In the last bull market, there were three obvious 'money-counting moments.'
In January 2021, Bitcoin was 42,000, in March 60,000, and in November 68,000.
In the first two instances, everyone was excited counting money, and the momentum was strong.
But during the third money-counting, it was obviously exhausting.
The momentum for making money has waned, and there are fewer players, and the bull has directly turned bearish.
According to the old adage, is it time to be bearish now? But this time, the script might have changed!
This round has also experienced three 'money-counting moments'.
70,000 in March 2024, 100,000 in December, and now (June 2025).
Similarly, during the third money-counting, that urge to make money softened.
If we follow the old experiences, this is definitely a bear market alert!
But brothers, where has the money piled up this round?
Over 3 million Bitcoins were bought above 93,000!
The overall cost of the market has been significantly raised.
Now the profit growth has slowed down, not because of 'not being able to sell,' but because everyone 'doesn't want to sell'!
Why? My cost is so high, and now this little profit just breaks even, I look down on it!
This has sealed off the space for a crash.
Therefore, after Bitcoin hits a new high, if the unrealized gains on the books are rising.
But the actual profits being cashed out are falling; we need to consider whether it's 'not wanting to sell' or 'unable to sell.'
This time, the chips traded intensively at 93,000 are as stable as a foundation that has been staked.
Those holding these coins have strong psychological resilience.
If they don't panic sell, the market is unlikely to plunge deeply.
The old cycle's ghost story of 'turning bearish as soon as money is counted' is likely not applicable this time!
In summary, it's a rough principle.
In the past, there were fewer people at the mountaintop; a gust of wind could knock them down.
Now the mountaintop is crowded with people.
And they all spent a lot of money to buy tickets to come up.
They are united against a common enemy; this mountain won't collapse anytime soon!
