福祥预测188
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ETH Ethereum Long Position Precision Strike!!!
Many times, the market is not lacking in excitement, but in people who understand it.
Yesterday afternoon, Ethereum fluctuated and pulled back. I decisively went long at 2980, with a clear target, steadily moving up, taking profit at 3050, clean and neat.
No chasing highs, no panic, no wild guessing.
The market moves ahead of emotions, and I only follow the logic. The market always rewards those who are patient and dare to make judgments. Not every opportunity needs to be acted upon, but when it's your turn, never hesitate.
This is not luck; it's the compound effect of strategy + execution.
Follow me, for the next wave of opportunities, don’t miss out again. #ETH大涨
Many times, the market is not lacking in excitement, but in people who understand it.
Yesterday afternoon, Ethereum fluctuated and pulled back. I decisively went long at 2980, with a clear target, steadily moving up, taking profit at 3050, clean and neat.
No chasing highs, no panic, no wild guessing.
The market moves ahead of emotions, and I only follow the logic. The market always rewards those who are patient and dare to make judgments. Not every opportunity needs to be acted upon, but when it's your turn, never hesitate.
This is not luck; it's the compound effect of strategy + execution.
Follow me, for the next wave of opportunities, don’t miss out again. #ETH大涨
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$ETH Ethereum has taken profit and exited! Gained over 300 points in two days, secured the profits first. No action today, will watch the show in the evening, will talk again if there's a clear direction. #以太坊连续两日领涨
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At 20:30 tonight, a 'macro bomb' is about to explode in the market!
Don't be fooled just because today is Wednesday; the market atmosphere has already been ignited by a set of yet-to-be-released data points — the U.S. June retail sales month-on-month growth is about to be announced tonight, and the entire market is holding its breath in anticipation.
This set of consumption data is not only an intuitive measure of the 'resilience' of the U.S. economy, but it may also become a key piece of the puzzle affecting whether the Fed will cut rates in September. Moreover, the crypto market may also see an escalation in emotional fluctuations due to this change in macro signals.
Last month's weakness has been priced in, and this time the market is betting on the 'strength of the rebound.'
First, let's briefly review the background: In May, the retail sales month-on-month growth was only 0.1%, causing the market to panic. Weak consumption has directly intensified concerns about the slowdown of the U.S. economy. By June, market consensus began to expect a rebound, with the current mainstream expectation at 0.5%, which is quite significant.
This set of consumption data is not only an intuitive measure of the 'resilience' of the U.S. economy, but it may also become a key piece of the puzzle affecting whether the Fed will cut rates in September. Moreover, the crypto market may also see an escalation in emotional fluctuations due to this change in macro signals.
Last month's weakness has been priced in, and this time the market is betting on the 'strength of the rebound.'
First, let's briefly review the background: In May, the retail sales month-on-month growth was only 0.1%, causing the market to panic. Weak consumption has directly intensified concerns about the slowdown of the U.S. economy. By June, market consensus began to expect a rebound, with the current mainstream expectation at 0.5%, which is quite significant.
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SOL forgot to mention this here, not sure if there was any operation. Next, I still see a bullish trend, mainly worried that the announcement of the bill tonight may have an impact, so I took profits in the morning and secured my gains for now. Let's see what happens tonight, and I will consider buying back later. #SOL
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In one sentence: This wave of ETH is a clear signal to kill shorts, institutions are pushing the price, and shorts are falling into the trap.
In the past 24 hours, ETH surged over 9%, reaching a price of $3,459, causing the entire market to get excited. However, amidst this rise, many friends were caught in a reverse liquidation, with a total of $349 million liquidated across the network, of which short positions accounted for $220 million. The liquidation amount for ETH alone reached $121 million, nearly 35%.
This wave of market movement is actually very typical: first, there’s a false breakout and false volatility, then suddenly a strong surge. Many people feel that it’s rising too quickly and expect a pullback, only to find that entering a short position gets wiped out by a large bullish candlestick. To be honest, this kind of market structure can indeed make people hesitant, especially since the market rotation has been too fast recently. The overall market leads the surge, with strong coins like ETH and SOL following suit. If you’re just a little slow, you feel like you’ve missed the entire wave. But at times like this, rationality is even more important. It’s not that you shouldn’t short, but you need to consider the position, structure, and sentiment. If you must try to call the top early, at least wait for signals like increased volume, stagnation, and upper shadows to appear first. The movement of ETH this time is a very standard bullish declaration: technically breaking through key resistance levels, with strong sentiment and smooth capital flow. When bullish sentiment is released, shorts naturally bear the brunt. This isn’t a matter of right or wrong; it’s about whether it’s in line with the trend. The market has given us signals, so we follow along. Even if we take a more conservative approach in the middle, as long as the direction is right, we won’t get thrown off the bus. So the current mindset should not be about whether there are opportunities for shorts, but whether the timing has arrived. For current operations, it is recommended to continue maintaining a bullish mindset, control positions, and set reasonable take profits. It’s not too late to consider switching directions after the legislative conference tonight. Still, the same message: trading is not about always catching the tops and bottoms, but about not standing on the wrong side of the big direction.
This wave of market movement is actually very typical: first, there’s a false breakout and false volatility, then suddenly a strong surge. Many people feel that it’s rising too quickly and expect a pullback, only to find that entering a short position gets wiped out by a large bullish candlestick. To be honest, this kind of market structure can indeed make people hesitant, especially since the market rotation has been too fast recently. The overall market leads the surge, with strong coins like ETH and SOL following suit. If you’re just a little slow, you feel like you’ve missed the entire wave. But at times like this, rationality is even more important. It’s not that you shouldn’t short, but you need to consider the position, structure, and sentiment. If you must try to call the top early, at least wait for signals like increased volume, stagnation, and upper shadows to appear first. The movement of ETH this time is a very standard bullish declaration: technically breaking through key resistance levels, with strong sentiment and smooth capital flow. When bullish sentiment is released, shorts naturally bear the brunt. This isn’t a matter of right or wrong; it’s about whether it’s in line with the trend. The market has given us signals, so we follow along. Even if we take a more conservative approach in the middle, as long as the direction is right, we won’t get thrown off the bus. So the current mindset should not be about whether there are opportunities for shorts, but whether the timing has arrived. For current operations, it is recommended to continue maintaining a bullish mindset, control positions, and set reasonable take profits. It’s not too late to consider switching directions after the legislative conference tonight. Still, the same message: trading is not about always catching the tops and bottoms, but about not standing on the wrong side of the big direction.
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In the current "rising tide feast", the market has indeed provided many opportunities, but the reality is that many friends are still struggling with losses: some are frustrated for missing out on the market, while others have been directly liquidated by shorting the market, which is lamentable. Today, a fan friend discussed with me that he was liquidated while shorting. When I asked: he said, "I didn't look at the market or any news, just closed my eyes and opened my position," and jumped in directly. To be honest, relying on luck once or twice is not logic. But if you make a mistake once, you could lose everything. Like Ethereum's 3422 last night, if you had followed my article's instructions, there was still a maximum of 300 points of space, and Bitcoin, needless to say, had considerable profits. No one's predictions are 100% accurate, but people like us who work daily studying cryptocurrencies definitely consider more factors than you do. Don't tell me you don't look at anything and just jump in; if you jump in once or twice, that’s luck, but if you make a mistake, it could go to zero. Why go through that? No one's bullets come from the wind; brothers, be cautious.
Xiao Chen's Guide:
#以太
ETH: Currently, on the 1-hour level, it is still strongly rising, breaking 3450, and there is hope for 3500 today. However, this range is still in a consolidation phase, and short positions should not struggle for now; there won't be too much space during the day.
Xiao Chen's Guide:
#以太
ETH: Currently, on the 1-hour level, it is still strongly rising, breaking 3450, and there is hope for 3500 today. However, this range is still in a consolidation phase, and short positions should not struggle for now; there won't be too much space during the day.
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GENIUS Bill Night: The US Version of Stablecoin Hegemony Officially Begins
Tonight's vote presses the start button on the fate of the cryptocurrency space.
Friends, tonight is destined to be sleepless.
This is not because the market is hot; rather, the crypto market is being pulled into a vortex of power and capital by an invisible hand.
At 00:20 on July 17, Beijing time, the US Congress will hold a crucial vote on a heavyweight bill—the GENIUS bill. Its passage could directly determine whether Bitcoin rises to $150,000 or re-tests the $100,000 line in the coming months.
This is a financial-level **'nuclear explosion-level event'**, not a market trend that can be explained by technical analysis, but a typical 'macro-driven + political pricing' situation.
Friends, tonight is destined to be sleepless.
This is not because the market is hot; rather, the crypto market is being pulled into a vortex of power and capital by an invisible hand.
At 00:20 on July 17, Beijing time, the US Congress will hold a crucial vote on a heavyweight bill—the GENIUS bill. Its passage could directly determine whether Bitcoin rises to $150,000 or re-tests the $100,000 line in the coming months.
This is a financial-level **'nuclear explosion-level event'**, not a market trend that can be explained by technical analysis, but a typical 'macro-driven + political pricing' situation.
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Breaking! Trump drops a tariff bomb; is the global financial market about to collapse? Bitcoin is迎来最大的叙事风口!
The U.S. is once again going to war, but this time it's not about fighting; it's about attacking the wallets of all humanity.
Trump directly announced: Starting August 1, tariffs of 15–20% will be imposed across the board on over 150 countries, with rates tripling to 30% for the EU and Mexico, and a 'double taxation' for China, which immediately retaliated with a 50% increase.
Moreover, the tax rates on steel, aluminum, and home appliances have skyrocketed to over 50%, pushing consumer goods prices to new heights. CPI data has already risen to 2.7%, reigniting inflation!
This releases a key signal:
The U.S. no longer wants to engage in financial warfare, shifting to trade wars to collect protection fees.
Trump directly announced: Starting August 1, tariffs of 15–20% will be imposed across the board on over 150 countries, with rates tripling to 30% for the EU and Mexico, and a 'double taxation' for China, which immediately retaliated with a 50% increase.
Moreover, the tax rates on steel, aluminum, and home appliances have skyrocketed to over 50%, pushing consumer goods prices to new heights. CPI data has already risen to 2.7%, reigniting inflation!
This releases a key signal:
The U.S. no longer wants to engage in financial warfare, shifting to trade wars to collect protection fees.
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Good morning everyone, I am Xiao Chen. Today is truly a day worth celebrating! ETH has broken through 3400, I wonder if everyone has benefited from this big surge? I am really happy, after all, this rise was completely within my expectations.
Friends who have been following me know that I am bullish on ETH in the long term. I clearly stated yesterday: this is not a short-term speculation, but a structural strengthening. The initial target is 3300, and after stabilizing, it is expected to push towards 3500. Looking at it now, is it not just as I said, step by step being realized?
The fact that ETH can surge to 3400 is definitely not just due to temporary news. There is solid logic behind it: the expectation of the Federal Reserve lowering interest rates in September is rising, market liquidity is improving, and risk assets are overall warming up. Moreover, ETH itself is the mainstream currency that is most sensitive to macro liquidity, which is like the “pig” on the wind.
More importantly, the signals for institutional entry are becoming increasingly clear. Old money like Fidelity and BlackRock are not here to speculate; they are buying ETH as a long-term allocation of “digital bonds.” Over 30% of ETH on the chain has already been staked and locked up, reducing selling pressure and stabilizing the bottom. This rise is backed by deep capital layout.
In my article yesterday, I explained clearly from the perspectives of capital, news, and on-chain structure, and today the market responded directly. Now many people are starting to hesitate: is it still possible to chase? My suggestion is, don’t blindly chase high, but don’t be empty and just watch. The main rising trend is most afraid of missing out; you can miss the initial rise, but make sure not to miss the mid-stage.
As long as ETH does not break down to 3500 with volume, the logic of being bullish in the medium term remains unchanged. The real profit opportunities often appear when the market is least bustling, but the trend is most clear.
As a blogger for these years, I have gotten used to analyzing in advance, issuing calls in advance, and then letting the market validate. This time, I have once again accurately timed the bullish rhythm of ETH. If you are still watching, remember this: the real trend does not wait for anyone.
Continue to follow me, and we will seize the next opportunity together. #ETH（二饼） #ETH大涨
Friends who have been following me know that I am bullish on ETH in the long term. I clearly stated yesterday: this is not a short-term speculation, but a structural strengthening. The initial target is 3300, and after stabilizing, it is expected to push towards 3500. Looking at it now, is it not just as I said, step by step being realized?
The fact that ETH can surge to 3400 is definitely not just due to temporary news. There is solid logic behind it: the expectation of the Federal Reserve lowering interest rates in September is rising, market liquidity is improving, and risk assets are overall warming up. Moreover, ETH itself is the mainstream currency that is most sensitive to macro liquidity, which is like the “pig” on the wind.
More importantly, the signals for institutional entry are becoming increasingly clear. Old money like Fidelity and BlackRock are not here to speculate; they are buying ETH as a long-term allocation of “digital bonds.” Over 30% of ETH on the chain has already been staked and locked up, reducing selling pressure and stabilizing the bottom. This rise is backed by deep capital layout.
In my article yesterday, I explained clearly from the perspectives of capital, news, and on-chain structure, and today the market responded directly. Now many people are starting to hesitate: is it still possible to chase? My suggestion is, don’t blindly chase high, but don’t be empty and just watch. The main rising trend is most afraid of missing out; you can miss the initial rise, but make sure not to miss the mid-stage.
As long as ETH does not break down to 3500 with volume, the logic of being bullish in the medium term remains unchanged. The real profit opportunities often appear when the market is least bustling, but the trend is most clear.
As a blogger for these years, I have gotten used to analyzing in advance, issuing calls in advance, and then letting the market validate. This time, I have once again accurately timed the bullish rhythm of ETH. If you are still watching, remember this: the real trend does not wait for anyone.
Continue to follow me, and we will seize the next opportunity together. #ETH（二饼） #ETH大涨
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No interest rate cuts, no recession; Bank of America sets the tone for a 'slow bull market'! How will crypto assets perform?
The statement from Bank of America CEO Moynihan can essentially be characterized as a typical expression of 'strong expectations + slow reality.' From the perspective of traditional financial institutions, it conveys two key signals regarding macroeconomics and Federal Reserve policy:
First, the economy will not fall into recession, but don't expect it to be fast.
He said the U.S. will not fall into recession and that growth could reach 1.5% by the end of the year. What does this mean? The fear of a 'hard landing' in the stock market and crypto space is being eliminated, but don’t expect a strong recovery either; the entire economy is in a slow climb. For us, this means an overall rise in risk appetite, but at a slow pace, with sentiment boosted but not exploding.
First, the economy will not fall into recession, but don't expect it to be fast.
He said the U.S. will not fall into recession and that growth could reach 1.5% by the end of the year. What does this mean? The fear of a 'hard landing' in the stock market and crypto space is being eliminated, but don’t expect a strong recovery either; the entire economy is in a slow climb. For us, this means an overall rise in risk appetite, but at a slow pace, with sentiment boosted but not exploding.
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I come from a financial background, once looked down on Bitcoin, and now I just want to say: absurdly wrong.
If you have ever traded stocks, bought funds, or even read a few finance books, I guess you once looked down on 'cryptocurrency.'
So did I.
I majored in finance during my undergraduate studies, worked in private equity research, and dabbled in the secondary market. In my early years, I rode several waves of liquor, new energy, and tech stocks, and had a decent standing in my social circle.
But in the past, I always looked down on Bitcoin.
In 2017, I studied the BTC white paper seriously for the first time, and the conclusion was straightforward: this thing has no cash flow, is not an asset, and will inevitably face a crash.
So I turned back to continue my blue-chip rotation and Hong Kong IPOs, watching the crypto circle rise and fall, feeling no waves in my heart, and even having a bit of superiority.
So did I.
I majored in finance during my undergraduate studies, worked in private equity research, and dabbled in the secondary market. In my early years, I rode several waves of liquor, new energy, and tech stocks, and had a decent standing in my social circle.
But in the past, I always looked down on Bitcoin.
In 2017, I studied the BTC white paper seriously for the first time, and the conclusion was straightforward: this thing has no cash flow, is not an asset, and will inevitably face a crash.
So I turned back to continue my blue-chip rotation and Hong Kong IPOs, watching the crypto circle rise and fall, feeling no waves in my heart, and even having a bit of superiority.
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From the White House to BlackRock, the underlying cards of this round of market activity have been laid bare.
The news from the past couple of days has been dense, like fireworks before a market explosion, with each being weighty and rhythmically impactful. Macro policies are changing, traditional institutions are entering, external capital, regulatory attitudes, large on-chain holders, and ETF nodes are all starting to send signals. At this stage, it is not just a chaotic buzz, but an atmosphere where someone is quietly laying out plans, and the market is subtly turning. Being in the midst of it, one must be able to understand the wind and see the direction clearly. Below, I will break down this wave of news item by item, clarifying the logic to discern which are true signals and which are merely smokescreens.
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The key level of BTC mentioned in the morning is 118500, and it has now completed the breakthrough. Technically, it has also accomplished an effective upward attack after the previous consolidation, further confirming a strong trend.
From the price structure perspective, this wave of increase continues the rebound logic after halting the decline. The bulls not only maintained the key support at 115600 but also broke through the important resistance area at 118580, gradually establishing their initiative. The trading volume has also cooperated, with the increase in volume representing market recognition of the current price, indicating that the short-term strength is not just a false rally.
Next, we can look towards the target of 120000. If the price falls below 117300, it will mean a false breakthrough, and timely avoidance is necessary.
#BTC #BTC走势分析
From the price structure perspective, this wave of increase continues the rebound logic after halting the decline. The bulls not only maintained the key support at 115600 but also broke through the important resistance area at 118580, gradually establishing their initiative. The trading volume has also cooperated, with the increase in volume representing market recognition of the current price, indicating that the short-term strength is not just a false rally.
Next, we can look towards the target of 120000. If the price falls below 117300, it will mean a false breakthrough, and timely avoidance is necessary.
#BTC #BTC走势分析
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This round of ETH cuts through hesitation and rewards those who dare to act.
ETH's movement today is quite strong, breaking through the 3000 mark with a peak around 3175, a standard bullish attack rhythm.
The short-term bullish structure is complete, and the trend is solid. In terms of trading volume, the increase during the rally is significant, while the pullback shows reduced volume, a typical healthy rise; the main force isn’t the type to just pull and run.
Combining on-chain news and the macro environment, today’s surge is not a pump without basis; it has fundamental support: on one hand, the expectation of the Federal Reserve lowering interest rates in September is rising, benefiting overall risk assets. Now, with the favorable factor of institutional entry, traditional financial giants like Fidelity and BlackRock have started to gradually allocate ETH-related assets, especially as participation in the staking sector is increasing, with the on-chain staking ratio approaching 30%. This means a large amount of chips are locked up, reducing selling pressure and stabilizing the bottom.
The short-term bullish structure is complete, and the trend is solid. In terms of trading volume, the increase during the rally is significant, while the pullback shows reduced volume, a typical healthy rise; the main force isn’t the type to just pull and run.
Combining on-chain news and the macro environment, today’s surge is not a pump without basis; it has fundamental support: on one hand, the expectation of the Federal Reserve lowering interest rates in September is rising, benefiting overall risk assets. Now, with the favorable factor of institutional entry, traditional financial giants like Fidelity and BlackRock have started to gradually allocate ETH-related assets, especially as participation in the staking sector is increasing, with the on-chain staking ratio approaching 30%. This means a large amount of chips are locked up, reducing selling pressure and stabilizing the bottom.
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Global central banks are making 'variations': Is Powell getting dismissed, and is the dollar going to drop again?
Sometimes watching global financial news feels like watching a large reality show, each segment more dramatic than the last.
The latest plot twists are here:
The Federal Reserve may start a rate cut mode in September.
The Bank of England has also 'surrendered', possibly starting to ease in August.
Federal Reserve Chairman Powell may face 'dismissal'.
1: Deutsche Bank: Expectations for a Federal Reserve rate cut in September are rising. Deutsche Bank recently released expectations stating that the Federal Reserve is likely to initiate its first rate cut in September.
The underlying logic is not complicated: U.S. inflation has been declining, with June's CPI year-on-year at only 2.7%, returning to the 'twos'; the job market is moderately cooling, not out of control nor overheating; and the financial market's patience with 'high interest rates' is wearing thin.
The latest plot twists are here:
The Federal Reserve may start a rate cut mode in September.
The Bank of England has also 'surrendered', possibly starting to ease in August.
Federal Reserve Chairman Powell may face 'dismissal'.
1: Deutsche Bank: Expectations for a Federal Reserve rate cut in September are rising. Deutsche Bank recently released expectations stating that the Federal Reserve is likely to initiate its first rate cut in September.
The underlying logic is not complicated: U.S. inflation has been declining, with June's CPI year-on-year at only 2.7%, returning to the 'twos'; the job market is moderately cooling, not out of control nor overheating; and the financial market's patience with 'high interest rates' is wearing thin.
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Understanding this wave of altcoin explosions brings you one step closer to seizing the next doubling opportunity!
If today's market can be described in one sentence, it would be: 'Bitcoin is still struggling with direction, while the little brothers have quietly taken off.'
Many people are fixated on BTC, watching it move in circles around 117K, while ignoring that the hot money below has already begun laying out altcoins, stirring sentiment while building structure.
Let's look at today's core performance:
SHIB and PEPE, while not showing explosive increases, have full trading volume and community enthusiasm; they are typical sentiment pioneers. Before each round of altcoin rallies, they often jump out first to test the waters. You can regard them as a barometer of market sentiment; if they move, it indicates the market is no longer stagnant.
Many people are fixated on BTC, watching it move in circles around 117K, while ignoring that the hot money below has already begun laying out altcoins, stirring sentiment while building structure.
Let's look at today's core performance:
SHIB and PEPE, while not showing explosive increases, have full trading volume and community enthusiasm; they are typical sentiment pioneers. Before each round of altcoin rallies, they often jump out first to test the waters. You can regard them as a barometer of market sentiment; if they move, it indicates the market is no longer stagnant.
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BTC crashed to the floor after a big drunken night, and a single word from Trump woke it up!
Last night's BTC movement resembled a drunken strongman: he stomped on the 5-day moving average, casually smashed the middle line of the Bollinger Bands to bits, and then dove down to 115600, almost creating a pit. After the drop, he woke himself up, rubbed his head, and lay flat around 117400, just short of yelling: 'I'm not falling anymore, I just drank too much.'
The current market is like a tough guy waking up from a drunken stupor; after the emotional outburst, rationality begins to return. A small bullish candle envelops a small bearish candle, as if an invisible hand has presented a signal to stop the decline. Funds are also starting to sneak in, and trading volume is gently bubbling up, as if the market is saying: 'Don't panic, guys are buying the dip below.'
The current market is like a tough guy waking up from a drunken stupor; after the emotional outburst, rationality begins to return. A small bullish candle envelops a small bearish candle, as if an invisible hand has presented a signal to stop the decline. Funds are also starting to sneak in, and trading volume is gently bubbling up, as if the market is saying: 'Don't panic, guys are buying the dip below.'
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Trump approves crypto legislation, the bull market signal has been sounded!
Today, Trump personally stepped up and officially reached an agreement with the hardliners of the Republican Party, putting the three major crypto regulatory bills back on track for passage!
Today is not an ordinary 'political rhetoric'; this is a substantive legislative advancement signal. It should be noted that these bills were previously forcibly 'procedurally blocked' due to intra-party disagreements, directly stuck at the voting stage. Now that the White House is personally presiding over it, Trump has smoothed over the internal opposition with one sentence, and the signal released behind this is very clear:
The U.S. leadership has officially incorporated the crypto industry into its electoral strategy core, and the next step is to move from 'verbal support' to 'legal protection.'
Today is not an ordinary 'political rhetoric'; this is a substantive legislative advancement signal. It should be noted that these bills were previously forcibly 'procedurally blocked' due to intra-party disagreements, directly stuck at the voting stage. Now that the White House is personally presiding over it, Trump has smoothed over the internal opposition with one sentence, and the signal released behind this is very clear:
The U.S. leadership has officially incorporated the crypto industry into its electoral strategy core, and the next step is to move from 'verbal support' to 'legal protection.'
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CPI data released, will the crypto market explode or not?
The U.S. CPI data for June has just been released on time:
Month-on-month: 0.3% (in line with expectations)
Year-on-year: 2.7% (in line with expectations)
No surprises, and no shocks. It's a standard 'shoe dropping'.
Moderate, but not enough to reassure the Federal Reserve
Let's break it down:
The CPI year-on-year is 2.7%, up from 2.4% in May, indicating that prices are rising slightly faster, but not alarmingly so.
Core inflation still shows resilience, which keeps the Federal Reserve cautious; whether to cut rates in September remains uncertain.
In summary: inflation hasn't exploded, but it hasn't softened to mush either.
Month-on-month: 0.3% (in line with expectations)
Year-on-year: 2.7% (in line with expectations)
No surprises, and no shocks. It's a standard 'shoe dropping'.
Moderate, but not enough to reassure the Federal Reserve
Let's break it down:
The CPI year-on-year is 2.7%, up from 2.4% in May, indicating that prices are rising slightly faster, but not alarmingly so.
Core inflation still shows resilience, which keeps the Federal Reserve cautious; whether to cut rates in September remains uncertain.
In summary: inflation hasn't exploded, but it hasn't softened to mush either.
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Regulatory Sword Falls! This Time, the Cryptocurrency World Truly Gets a Seat at the Table
This week can be described as a significant week for the cryptocurrency world. The U.S. Congress will begin formal discussions and votes on several laws closely related to cryptocurrencies. This is not an internal meeting but a serious congressional legislative process, which means the U.S. government is deciding 'whether to make cryptocurrency legal.'
There are two important things:
First, the (Clarity Act) that will be voted on Wednesday mainly aims to give digital assets a clear legal identity. For example, do Bitcoin and Ethereum count as 'securities' or 'commodities'? Do exchanges and project parties need to file approvals like issuing stocks? Once this bill passes, many projects that were previously stalled due to unclear policies can finally proceed. This will be a significant liberation for the entire market.
There are two important things:
First, the (Clarity Act) that will be voted on Wednesday mainly aims to give digital assets a clear legal identity. For example, do Bitcoin and Ethereum count as 'securities' or 'commodities'? Do exchanges and project parties need to file approvals like issuing stocks? Once this bill passes, many projects that were previously stalled due to unclear policies can finally proceed. This will be a significant liberation for the entire market.
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