BTC briefly pulled back to 115,000, and this position is a dangerous signal—recently the alternating bullish and bearish candles have been too frequent, and today another small bearish candle has come down, indicating that short-term sentiment is still weak. Although 110,000 is a strong support and it won't collapse directly, we shouldn't expect a violent surge.
On August 1st, this kind of "good news materializing" often leads to disappointment; the real explosive points are often in the expectations, not at the moment of realization. Friends who reduced their positions in advance are probably feeling much calmer now.
As for the PUMP project, it raised 600 million USD from the ICO, sold out instantly, and then broke at launch; it hasn't reached a position to enter yet, so let's continue to observe, although the logo is quite interesting.
And $SEI submitted an ETF application, backed by #Circle with heavy holdings; just this information is already explosive. If they really want to heat up the SEI chain, the fastest way is definitely to create a meme trend. Many people in the market are betting that $MAD is the first explosive meme on SEI.
