Trump is unleashing major moves, with all three major bills passed.
This situation is equivalent to a 'contract signing + deposit' in the crypto world, drawing a clear red line for the regulatory framework. The CEO of Coinbase even said this is a major positive that the crypto community has been waiting for!
This super bull market and altcoin season may be triggered early, and the rhythm of peaking by the end of the year is becoming more apparent.
BTC is holding steady, ETH is taking over, and altcoins are 'excited'!
The trend of BTC hasn't changed much; it's just oscillating at a high level without falling or rising, in that frustrating state of 'you sell, I dump; you short, I pump.' I'm no longer focused on BTC's fluctuations; instead, ETH has become the main character.
ETH is ridiculously strong, continuously breaking through and exploding in volume, with whales sweeping up large amounts—funds of 36.5 million and 9.9 million are coming in! Even big institutions like BlackRock, Sharplink, and Bitmine are desperately increasing their ETH holdings, and Sharplink is even planning to issue 5 billion in new shares to buy Ethereum. How aggressive is that?
This bull market is no longer led by retail investors; it's a complete 'Wall Street bull.'
With the overlay of ETF and on-chain sentiment, the real signal for the 'altcoin season' has arrived.
Before, it felt too early to call a bull market because the on-chain activity was quiet and CEX had no liquidity; BN could only focus on the Alpha area, relying on VCs to list coins and boost activity. Now it's different—over the past two weeks, significant funds have been flooding into ETH spot ETFs, with inflows over two consecutive days surpassing BTC, and Sbet and BMNR are buying daily, with Sbet even financing 5 billion to implement 'Micro Strategy 2.0.'
Last night, BlackRock also applied for an ETH staking ETF, completely opening the channel from the stock market → CEX → on-chain. OTC can't even get ETH, only exchanges or on-chain swaps. This wave of ETH is strong, and the next stop for funds is likely altcoins.
After this wave of ETH rises, the altcoin market has finally started to awaken, showing some rhythm reminiscent of the rotations seen during the bull markets of 2017 and 2021.
#PEPE Basically hit my first target position mentioned on Monday. This wave of PEPE has been somewhat underwhelming, but no need to rush and wait for the altcoin rotation; the subsequent rebound high point is 1632. Meanwhile, #SOL and #sui are also nearing key resistance; whether they can break through depends on the volume over the next couple of days.
Regarding new coins, the recent hype around BN has been exaggerated. #ERA 、#C、#ASP are making rounds, a bunch of people who missed out on ETH have gone to play with new coins, and the secondary market is aggressively chasing after them.
Let's take another look at Dogecoin.
#DOGE is really starting to replicate the rhythm before Musk took off in 2020, accumulating in a range and stabilizing around 0.22-0.26. The structural target is directly aimed at the previous high of 0.48. Now it just needs a catalyst to ignite the sentiment; although another myth of over 30,000% is unrealistic, a surge to 1 dollar is possible. There are many hot spots, but DOGE is one that truly breaks out of the big structure.
Good, ETH has successfully broken through; which altcoins should we focus on next?
#TOKEN: Is the next XRP coming?
It's currently moving along a parabolic support line, quite similar to the previous $XRP. As long as this curve holds, the trend remains bullish. The price is above both EMA and SMA, showing solid support. Those who got in early can continue to hold, keeping a close eye on whether there will be a breakthrough of the previous high—this could be the next launch point.
Is HBAR's golden cross continuing to rise?
The performance of HBAR in the past couple of days has been particularly eye-catching—soaring nearly 20% in 24 hours, reaching a five-month high. Many friends have privately asked me if this wave can still be chased.
From a technical perspective, HBAR has just formed a golden cross structure, which is a typical sign of strengthening. The current critical support is at 0.267; as long as it doesn't break down, there's a chance to continue pushing towards 0.314 or even 0.375. Be aware that there may be short-term profit-taking pressure, and a drop back to 0.241 is also possible. Overall, the structure is strengthening, the trend is upward, and short-term operations should focus on bullish strategies.
AI + public chains = new narrative? Is Saga worth paying attention to?
Saga, this Layer 1 public chain, has recently made quite a stir, aiming to create infrastructure suitable for AI agents using AI + DeFi + on-chain scalability.
The team has just collaborated with Chrono Labs to launch the AI startup platform KEX, providing developers of dApps with intelligent agent construction tools. The SAGA token is currently mainly used for staking, governance, and network fees, and as the ecosystem develops, the demand for the token is expected to increase further.
If the bull market continues, there is hope to challenge the high point of 3.48 by the end of the year, conservatively it may settle around 2.34. But be cautious, as once regulatory conditions become unfavorable or the market turns bearish, a drop back to 0.9 is not impossible.
Remember, this bull market is not driven by feelings; it is built on logic.
The article ends here! If you are confused in the crypto world, consider joining me to layout and harvest from the whales!