MLion

Although mainstream attention is still focused on Bitcoin, a set of data is quietly hinting at the prelude to a market shift—the altcoin season index is currently only 29/100, indicating that market liquidity is still concentrated in BTC. However, this precisely suggests that altcoins are undergoing a 'silent accumulation period', much like the quiet before the big market movements in 2021.

According to the combined charts from AMBCrypto and analyst Alphractal, whenever Bitcoin surges and then enters a consolidation or slight pullback, altcoins welcome a critical breakout point. Currently, BTC has repeatedly broken through psychological barriers, and its momentum seems to be waning; the 'countdown' for the altcoin season may have already started.

As Trump seeks to return to the White House, Republicans are quietly laying down a grand tax reform strategy—of which the most striking aspect is not the tax cuts themselves, but the carefully 'timed' tax bomb: in 2028, tens of trillions of tax cuts are set to expire simultaneously, potentially triggering a 'structural fault' in the economy and the markets.

This is not only about the wallets of the working class and the financial expectations of American families but may also profoundly impact the price structure of risk assets, including crypto assets. Amid this complex policy fog, using Mlion.ai's macro policy sentiment analysis and tax reform monitoring tools may become an important weapon for investors to lock in trends in advance.

'Tick-tock...' This is the rhythm that analyst EGRAG Crypto has repeatedly called out in the community, resembling a countdown and a prompt button pressed by bulls. The market is tense, like a string pulled tight. At this moment, XRP is hovering at the end of the descending wedge, and once the direction is determined, it will signify the end of months of consolidation.

One, XRP's wedge structure has been in operation for several months

Looking back over the past few months, XRP has consistently been in a distinct descending wedge structure. Readers with some understanding of technical analysis know that this is a bullish pattern, indicating that although prices are continuously declining, the downward extent is narrowing, indicating a gradual decline in market selling pressure, hinting at a potential strong rebound.

August 1, 2025, a date worth noting for all participants in the cryptocurrency market. On this day, the Hong Kong (Stablecoin Regulation) (Chapter 656) will officially take effect. This marks not only a key milestone in Hong Kong's financial regulatory history but also signifies the arrival of a new phase in the integration of crypto assets with the traditional financial system.

For cryptocurrency practitioners, regardless of whether you are in Hong Kong, this policy serves as a barometer: stablecoins, especially those pegged to fiat currency, will become the core entry point for global regulation.

So, what is a stablecoin? What is a 'fiat-backed stablecoin'? What impacts will this regulatory experiment led by Hong Kong bring? This article will clarify them one by one.

In the quietest corners of the crypto world, XRP may be quietly accumulating for a breakout above $3.

Since June 2024, Ripple's XRP price has accumulated a rise of 376%. In the past week, although the overall crypto market has risen mainly due to the unexpectedly low U.S. May CPI data, XRP has shown an independent trend in this mild rebound: a 0.2% increase in 24 hours, with a weekly gain of 3.9%. As an asset that has been entangled with regulation several times, today's XRP stands at a crossroads of redefining its own value.

Low inflation data + easing interest rate expectations: The fundamentals for XRP's rebound are ready.

After a long period of market silence, Ethereum has finally welcomed a key signal—its derivatives open interest has historically surpassed that of Bitcoin. This change is not only a victory for the digital game but also represents a subtle restructuring of the market structure.

For most investors, this point may just be a line of data on the chart, but for funds focused on trends, this could be the trumpet of the next bull market. Ethereum is quietly stepping out from the 'shadow of Bitcoin.'

Signals behind derivatives data: Market preference is shifting

With the world holding its breath, the U.S. and China have finally reached a 'trade agreement' in London—but it has no clear terms, no timetable, and no substantive commitments. This vague and pale document instead leaves investors at a loss, and the market reaction is surprisingly 'expressionless.'

U.S. Secretary of Commerce Howard Lutnick stated that the agreement has been submitted to the White House awaiting President Trump's approval. However, apart from the declaration of 'we will report back to the President,' traders and analysts are met not with market cheers but with a collective retreat. U.S. stocks slightly corrected, Bitcoin and Ethereum did not break through, the dollar index showed no improvement, and even the renminbi exchange rate had no fluctuations—this is no longer a delayed reaction but a cold response to the 'hollow text.'

Bitcoin is repeatedly fluctuating around the $110,000 mark, and the technical structure is gradually showing signs of a 'double top' pattern. The crypto market is currently in a sensitive phase of releasing high-level sentiment, with 'greed' becoming the dominant mindset. At this stage, will it continue to surge or face a round of profit-taking? Will $106,000 become the defense line for bulls? This is worth close attention.

High-level fluctuations, the double top pattern is quietly taking shape.

Since Bitcoin broke through $110,000, the price has attempted to stabilize and break through the $111,000 area several times, but has never been able to effectively hold. The technical pattern has shown two obvious high points. This type of 'double top' structure is considered a precursor to a trend reversal in technical analysis, especially when the price shows weakened momentum and insufficient volume at high levels, making it easier for pullback pressure to be released.

If you are still hesitating about where XRP's ceiling lies, perhaps you should take a look at this chart: a huge W pattern spanning over seven years, quietly taking shape at the monthly level since 2018. And its ultimate goal may point directly to a market cap of $1.5 trillion and a token price of $25.

This prediction is not without basis. Technical analyst EGRAG Crypto pointed out in his latest research that XRP's market value is replicating a very classic 'W-bottom structure'. This is not just a pattern; it is a comprehensive signal of capital inflow, chip cleaning, and the initiation of a new wave of upward movement over a long period.

What happens when the business empires of tech giants begin to infiltrate the political arena? Musk's name is once again at the center of attention. This time, he is not only looking to change the automotive, aerospace, and communications sectors, but could also disrupt the entire political landscape of the United States.

Recently, the decentralized prediction market Polymarket indicated that the probability of Musk creating a new political party in 2025 has surged from 7% in early June to 17%. The total amount of related bets has surpassed $416 million, and interest in the 'America Party' is continuing to heat up. Amidst the public confrontations between Musk and Trump, this 'party-building' game seems to be evolving from mere online excitement to a tangible possibility.

While the market's focus is on the volatility of Bitcoin and mainstream coins, a fat penguin named PENGU quietly staged its own 'counterattack.' On June 10, this memecoin surged by 11.65% in just 24 hours, successfully recovering the critical support range of $0.0097-$0.01 that it had lost for several days, and directly approaching the $0.0110 intersection of bulls and bears.

But is this rise driven by real funds or just another FOMO trap created by speculators? The next step is to directly leap over $0.015 or return to the 'penguin skating rink'?

Technical Analysis: Whether $0.011 can be firmly held is the key to determining fate.

Do you think stablecoins are just 'digital dollars' on the blockchain? You might not know that there is a type of rapidly rising asset that can not only stabilize your principal but also automatically 'work for you to earn money.'

We are not talking about DeFi liquidity mining or currency arbitrage, but rather the yield-bearing stablecoins that have stepped into the spotlight.

This sector is quietly brewing a financial revolution capable of changing the entire stablecoin market structure.

What are 'yield-bearing stablecoins'? How do they differ from USDT and USDC?

While the cryptocurrency market focuses on the macro trends of Bitcoin and Ethereum, a 'silent elephant' is quietly building strength: XRP. Over the past week, a strong signal from on-chain data has been conveyed—long-term holders (LTH) are choosing to stand firm rather than exit.

This is not just a simple rebound, nor a short-term speculation by funds, but a structural return based on long-term belief. Have you not noticed it? That's okay, smart money has already taken action in advance.

On-chain activity is declining, and LTH remains rock-solid.

After a long period of silence, XRP has once again returned to the market hotspot list. Multiple on-chain data and technical indicators are releasing the same signal: 'Accumulation has started, and the market critical point may be approaching.' But the question is, is all of this really enough to support XRP in breaking through the long-standing resistance of 2.3 USD?

From technical structure, on-chain indicators to exchange behavior, we might be able to see clues about the direction in the coming weeks.

Foreign exchange reserves are decreasing, and funds are starting to 'flow back to XRP'.

First of all, from the on-chain capital flow perspective, XRP's exchange outflow data shows a clear trend: institutions and large holders are withdrawing funds from exchanges and choosing to hold coins and wait. Although the outflow scale in June was lower than in May, the overall direction is still 'net outflow', which is usually seen as a signal for accumulation.

When retail investors panic and flee, smart funds are quietly building positions—will SHIB become the next dark horse for a rebound?

In the context of continued fluctuations in the cryptocurrency market, SHIB, once a highly popular memecoin, has seen a drop of over 20% in the past month, and was once regarded by the market as 'an outdated internet celebrity with no strength to rebound'. But while most people chose to ignore it, whales began to return in droves—gobbling up during the price decline.

Does this mean that the Shiba Inu is brewing a potential major counterattack?

Whales return to the battlefield, instantly pocketing 1.93 trillion SHIB.

As Bitcoin approaches its historical high, ETH is silently gaining momentum. Is it passively linked, or is it brewing its own wave of upward movement?

In the past 24 hours, the crypto market has once again released strong bullish signals. Bitcoin (BTC) surged 3.7%, returning to the $110,000 mark, just a step away from this year's historical high set in May. Meanwhile, Ethereum (ETH) also recorded a 3.8% increase, with prices above $2,620, showing a correlation with BTC. However, against the backdrop of mainstream funds returning to Bitcoin, is ETH's rise merely a 'follower', or does it indicate that a wave of upward movement is quietly approaching?

As the price of Dogecoin (DOGE) continues to converge within the descending wedge, market sentiment is becoming cautious. Is a new breakout imminent?

Recently, Dogecoin has quietly formed a technically significant descending wedge pattern against the backdrop of overall turbulence in the cryptocurrency market. The price is seeking support around $0.1795 and is currently approaching the critical point for a breakout of the wedge's upper boundary. The market is generally concerned: Can Dogecoin leverage this technical pattern to rebound and challenge the key psychological level of $0.20?

Technical analysis of Dogecoin: wedge convergence, momentum accumulation

When the trust mechanism wavers in turmoil, will the currency's value anchor shift from sovereign endorsement to algorithmic consensus?

Currency is one of the oldest and most fundamental social consensuses in the evolution of human civilization. From barter to metal currency, from the gold standard to credit currency, each evolution of currency reflects innovations in transaction efficiency and the restructuring of power. Today, the global currency system stands once again at a crossroads of transformation—currency over-issuance, trust overdraft, sovereign debt crises, and the geopolitical shocks caused by dollar hegemony all challenge us: Where will the value anchor of currency go in the future?

As the White House is exposed for attempting to weaken sanctions against Russia, Zelensky publicly refutes Trump; how long can U.S. support for Ukraine last?

As global attention focuses on the Ukraine war, surprising news has emerged from within Washington. Recently, the White House has been reported to be quietly pressuring Congress in hopes of weakening a heavy sanctions bill against Russia.

This bill was jointly proposed by South Carolina Republican Senator Lindsey Graham and Democrat Richard Blumenthal, aiming to impose punitive tariffs of up to 500% on countries that continue to import Russian oil and raw materials, intending to cut off Russia's key economic lifeline. More than 80 senators have expressed support, and the bill was originally planned to be submitted for a Senate vote this month.

When active addresses hit a historical high, DeFi locked funds continue to surge, and the exchange ETH balance declines, will the $2,800 threshold become the starting point of a new chapter for Ethereum?

Since entering June, Ethereum (ETH) on-chain data has sent exciting signals. Weekly active addresses have soared to 17.4 million, reaching a historic high, especially with Layer 2 expansion networks seeing an 18.43% increase in interactions. The adoption rate of Layer 2 also shows a 7.55-fold amplification effect, indicating that the application of scalability technology is driving sustained growth in core network usage.

More notably, despite a slight pullback in cross-chain interactions, the mainnet's activity shows a clear rebound, indicating that retail investors and institutions are refocusing on the Ethereum ecosystem. The strengthening of on-chain momentum lays a solid foundation for a potential momentum breakout.