Last night, three crypto bills were finally passed unanimously!
This is not only a significant breakthrough in legislation, but also provides a clear compliance framework for stablecoins.
And the most watched — the WLFI company under the Trump family has also cleared the regulatory hurdles for issuing USD1 stablecoin. In other words, this federally approved non-bank institution can finally issue coins, build pools, and go public with legitimacy!
I looked at several mainstream DEXs, WLFI has already established trading pairs with ETH and mainstream stablecoins, liquidity pools are set up, just waiting for trading attributes to unlock and for it to go live. Can you imagine? Remember when the Trump meme was hyped to 78 million, and FDV once surged to 78 billion? Now with the hype from ETFs and the trio of bills, WLFI could skyrocket to 4.7U, which is completely not a dream.
ETH's performance this round can be described as the 'Return of the King'.
From the lowest point in early April, it has skyrocketed nearly threefold, now breaking through 3650, becoming the main engine leading the altcoins to take off. BTC is currently fluctuating around 120,000, temporarily giving up the spotlight. Funds are starting to flow into ETH and altcoins at an accelerated pace, and BTC's market share has dropped to 61%, with market sentiment turning sharply optimistic.
Especially this week, the market will welcome nearly $6 billion in options expiration, accounting for 10% of total positions. ETH's implied volatility (IV) surged to 70%, and Bitcoin also maintains around 40%, indicating that large funds' FOMO sentiment is heating up.
More importantly: large bullish trades in the options market continue to be active, and institutions can no longer sit still!
But don't just watch the excitement — this wave is very monotonous, basically not giving any pullback opportunities. Once you get on the wrong train or stop loss too late, liquidation might just come.
So my personal advice is: rely less on feelings, and pay more attention to the structure. The trend hasn't ended, and the pullback space is also small; there are still quite a few potential B that are waiting to explode.
The second phase of the altcoin season: chaos is about to unfold!
According to past rhythms, now is the moment of 'Bitcoin rises — Ethereum catches up — Altcoins explode in full'.
With Ethereum rising, attention naturally turns to the Ethereum ecosystem. #LDO, as a representative Beta of the Ethereum ecosystem, is strengthening alongside ETH. With the staking scale continuing to rise, the liquidity staking track is heating up again, and Lido as the leader naturally benefits the most.
Short-term target 1.8-2.2, if the market continues, it is expected to challenge the previous high, and hitting 3 dollars+ is not a dream.
#SUI has reached a critical point; if it stabilizes above 4.2, 5 dollars is not a problem!
#UNI, which I just mentioned yesterday, had a big bullish candle in the evening and has now broken through 10. Continue to pay attention.
$PEPE Crypto has considerable bullish potential by 2025!
#Pepe broke through 0.14 yesterday, and is about to challenge the 0.15~0.16 range. I've already started to add to my spot, and those who haven't yet should not miss the rhythm.
Although it fell over 65% in the first half of the year, it has rebounded strongly by over 60% since July. The technical aspect has broken the downward trend, and the pattern is close to starting a new wave of upward movement. It has currently stood above the critical 200-day moving average, and there may be a slight pullback to gain strength, with the third quarter expected to bring stronger waves.
If the momentum continues and successfully breaks through the 0.00001688 resistance, it may challenge 0.000028 by the end of the year. Don't underestimate this 'frog'!
Dogecoin (DOGE) has also reached a critical structural point!
Bit Origin plans to launch $DOGE treasury reserves, having secured $500 million in equity and debt financing. DOGE is closely following the rise, with a market cap of 33.9 billion.
Currently in the 0.25 range, the right side has entered the activation phase, and the trading volume has increased, indicating that the main force is starting to take it seriously. Dogecoin's wave lasted 3 months, and the spike in May was just a retracement test. If it can hold above 0.22 after a pullback, it is very likely to head straight for the previous high of 0.48.
My personal advice: for coins like DOGE, spot trading is sufficient!
Today's new project: Binance HODLer Airdrop C
Chainbase ($C) surged 100%, suspected to be due to Binance HODLer airdrop igniting market sentiment, pulling from 0.16 to 0.38 in a short time.
As an AI + DataFi concept coin, the narrative is strong, and coupled with the previous Caldera airdrop effect still fresh in memory, it's no surprise that the market is chasing it.
But be aware: C has a small circulating supply, concentrated holdings, and selling pressure is still there. Short-term can play on sentiment, but for the long term, you still need to focus on fundamentals and technical progress.
This wave of market actually changed flavor from the moment ETH took over. Next, altcoins will enter a rotation performance season of DeFi, Meme, L2, and even stablecoin tracks.
Seize the opportunity, don't hesitate anymore!#币安HODLer空投C #山寨币突破