《What Stage Are We in the Market?》

This morning, the sentiment in the Asian market is quite good, $XRP has become the second asset in the top 50 to reach a historical ATH after Bitcoin. Isn't it a bit inappropriate to say the bull market hasn't arrived?

From the rally that started at $ETH 1500, I found that there has been disagreement in the industry until yesterday, such as calling each other idiots over 3000 and 3400. But with more and more signs indicating that the engine of this recent bull market is the compliance process in the United States and the new institutional funding brought by compliance.

Ripple is a clear example; apart from the usual capital rotation after Bitcoin broke its new high, another point is that the regulatory environment for crypto in the U.S. has clearly warmed up.

Ripple's CEO stated that the SEC might withdraw part of its lawsuit against XRP, and Trump's camp plans to include XRP in the 'strategic crypto reserve', increasing compliance and institutional support.

With institutional investment products like ETFs and ETPs voicing their support for XRP (such as WisdomTree, ProShares XRP ETF), assets are flowing in through legitimate channels, and the funding structure supporting $XRP has already changed.

Compared to ETH, which still hasn't seen major fundamental innovations, Ripple's 'bank licensing' + XRP Ledger smart contracts and other long-term projects are gradually starting to realize their value in real-world scenarios in cross-border payments and tokenization platforms.

'Macro bull market + regulatory easing + capital inflow + application expectations' have all contributed to the price of the coin.

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So, what stage are we in the market?

When you can see a favorable crypto bill passed every little while, almost every day there are U.S. listed companies declaring they are buying/going to buy cryptocurrencies, and even the Fed chair, who insists on not easing, might be removed, while the presidential family is fully all-in on Crypto.

I really can't imagine where we are if we are not in a bull market right now.

Institutional bull + policy bull rising period

HODL