If you want to change your fate, you must try the cryptocurrency circle. If you can't make money in this circle, ordinary people will have no chance in their lifetime.
In the world, everyone is for profit; in the world, everyone is for the benefit!
The current market fluctuations are mostly driven by market trends, which then push strategies forward. It seems extremely bizarre and lacks any rules, which is a consistent tactic of capital. Returning to the market, we also need to start anew. Users with questions can directly message me. Starting today, I will start a new round of layout targeting this trend. Yesterday was also a review of the cryptocurrency circle for a day, and currently, the only cryptocurrencies that still hold investment value may be SOL, so everyone can focus on that!
This fluctuation basically marks the start of Ethereum's wave, while the daily issuance of USDT is also extremely astonishing. Observing stablecoins, it's evident that there are a large number of newcomers involved in the cryptocurrency circle, supporting a bullish trend. Even the interest rate cut decision on the 18th did not have a negative effect on the market. The entire market is generally in an extreme bullish sentiment, with both funds and retail investors supporting it. Everyone is waiting for the interest rate cut in September, and paired with a weak dollar strategy, this bull market's growth cycle may be extended. Of course, this does not mean that this round of bull market has officially started; rather, I attribute this growth to the influence of stablecoin legislation. Especially since USDT's continuous over-issuance has not been regulated, this is worth pondering. The elimination of the impact of China-U.S. tariffs has also become a driving force for this growth. It can be seen that this growth is not primarily driven by American capital but comes from Asia!
This frequent turnover has led to a supply-demand imbalance, making short-term predictions of a decline quite challenging. This market situation already belongs to the battle of capital; to take over, one can only enter the market in the form of spot trading. For the entire spot market, we can only hope for a pullback before the interest rate cut. From my perspective, the events of the past half month include U.S. President Trump officially signing (guiding and establishing the U.S. Stablecoin National Innovation Act) in the White House, marking the implementation phase of U.S. stablecoin regulatory legislation. In addition, as the next target for legislative push in the 'cryptocurrency circle', the U.S. House of Representatives has also passed a bill to establish a regulatory framework for cryptocurrencies—(CLARITY Act), which will be sent to the Senate for review. David Sachs, the White House's crypto affairs head, has urged the Senate to pass this legislation before September, to establish the first comprehensive rules for the cryptocurrency industry. These two pieces of news will redefine the cryptocurrency circle.
I have always emphasized the importance of legislation, and the actual passage and the proposal of concepts are two completely different results. This is undoubtedly a long-term positive message for the trend, but the second one refines the trading rules, which may not be a good thing for ordinary people. Once it is on the right track, it means the arrival of taxes and the shackles of real-name systems. You may think that it has not been implemented domestically, but the dominance of the cryptocurrency market has always been in Europe and America. Even a tax rate of one percent would be astronomical for the entire cryptocurrency circle. Coupled with the aforementioned USDT over-issuance, the platform with the most inflow is also Binance, which shows that the growth of BNB is also considerable. Moreover, the cryptocurrency with the most inflow is also ETH, and the second largest has finally completed its mission. More users are more concerned about when a pullback can occur!
Regarding the issue of a pullback, there will definitely be one before the interest rate cut, and the exact timing depends on Asia's ability to take over. From the perspective of capital flow, Bitcoin is basically maintaining an inflow of around 30 million per day, and this amount can currently only maintain the current price; it is relatively difficult to break through. The 120,000 mark's divine punishment can currently only appear in the form of a short-term breakthrough, with no solid confirmation signal. Capital seems to prefer Ethereum more, with nearly 100 million in inflows within 24 hours, which aligns with our previous analysis. Only when Bitcoin is stagnant will there be opportunities for other cryptocurrencies to grow. Conversely, SOL has seen an inflow of 50 million, but the market has not shown significant growth, seemingly brewing a trend after its listing. For those who missed the opportunity to enter the market this year, they can focus on SOL. There may be a growth space of 2-3 times at high points, and particularly during critical periods, I have an inexplicable expectation for SOL's value.
Regarding the future market trend, there isn’t much reference information available. Therefore, opinions should still be expressed with caution, focusing on spot users. Many friends are relatively satisfied with the current gains and are considering exit points. Regarding whether to take profits and exit, what I want to express is very easy to understand. Based on the following two points for judgment, users who have doubled their profits, especially those holding Ethereum, I support your choice to exit and switch to SOL. Secondly, for those who feel that the gains are sufficient and are not optimistic about the future market, they can also take profits and exit. As for SOL, since it hasn't grown in this round, it means that the major players are preparing chips, waiting for a surprising performance after the listing. So at this stage, if SOL does not rise but falls, that would be the right time for everyone to act. Remember one thing, at this stage and this year's high point, even if there is a pullback, new highs will still appear.
