AABCDDE

#XXX

The latest comments from Federal Reserve officials still show a hawkish stance, and market expectations for interest rate cuts have been delayed. U.S.-China trade tensions are escalating, with technology export restrictions becoming a focal point again. The EU is strengthening regulations on digital assets, which could impact the operations of stablecoins and DeFi platforms. Taiwan's June export year-on-year growth rate continues to rise, indicating a strengthening recovery momentum in the electronics industry. Bitcoin is returning to an upward trend, and market sentiment is warming.

$BNB

The following is a summary of key news in the cryptocurrency and financial sectors as of July 23, 2025

⸻

🏛 Policy and Institutional Dynamics
• Senate discusses #ClarityAct cryptocurrency framework draft: The Banking Committee presents a draft for defining digital assets and regulatory details, continuing the legislative process of the GENIUS Act .
• PNC partners with Coinbase: PNC will provide cryptocurrency trading features for customers, marking a further adoption of cryptocurrency by traditional banks .

⸻

📉 Market and Price Trends
• Bitcoin correction: BTC has dropped from the previous day's high to around $118,300, with ETH and altcoins also weakening—indicating a clear technical pullback in the market .
• Futures interest shifting to altcoins: In Binance futures trading, altcoins account for as much as 71%, indicating a rotation of funds .

⸻

🔧 Technical Trends and Future Observations
• Tokenization gaining attention: Explanatory articles suggest that tokenization may become the next key development direction in the cryptocurrency market .

#RWA热潮

#RWA Trend

Recently, Real World Assets (RWA) have sparked a new wave of enthusiasm in the crypto market. More and more projects are dedicated to digitizing traditional financial assets such as bonds, real estate, and gold through blockchain technology, enabling tokenized trading. U.S. Treasury bonds, as representative assets of RWA, are actively traded on-chain, attracting significant attention from institutional investors. Projects like Circle and Ondo Finance are actively positioning themselves, making RWA a bridge connecting traditional finance and DeFi. In addition, the gradual clarification of regulatory policies also provides a compliant space for the development of RWA. RWA is seen as an important pillar for DeFi to regain growth momentum in 2025.

$BNB

⸻

📊 Overview of Today's Financial News - July 22, 2025

⸻

🌍 International Markets and Macro Trends
• Global stock markets hit new highs but remain stable: Despite concerns over U.S. debt, tariff uncertainties, and issues regarding Federal Reserve independence, both the S&P 500 and Nasdaq set new records, primarily driven by better-than-expected corporate earnings .
• UK proposes deregulation reforms for the financial sector: UK Chancellor Reeves has proposed adjustments to bank separation and capital regulations, but the central bank is strengthening oversight, reflecting a cautious reform pace .

⸻

🏢 Corporate Developments and U.S. Stock Reactions
• General Motors and RTX performance adjustments: Auto tariffs impact profits, leading to a more than 7% drop in GM's stock price, with RTX also lowering its full-year expectations, dragging down the tech sector .
• AstraZeneca's U.S. investment plan: Announced a $5 billion investment to build a pharmaceutical plant and research center to address potential drug tariffs .

⸻

💰 Latest Trends in the Crypto Market
• Bitcoin surged to $123,000, setting a new historical high, with institutions increasing their positions; however, it recently pulled back to around $118,000 .
• Altcoin performance varies: Solana rose 12% to break $200, XRP approached a high of $3.6, while most other cryptocurrencies experienced slight pullbacks .

#NFT板块领涨

#NFT Sector Leads the Rally

Recently, the NFT sector has once again become the focus of the market, with several NFT-related tokens showing strong rebounds, driving the entire sector up. As the popularity of games, art, and community applications rises, funds are flowing back into the NFT ecosystem from the crypto market, with tokens such as BLUR, RON, and SUPER experiencing double-digit gains. On the news front, some mainstream platforms plan to expand NFT trading functions, and large brands have announced new series releases, boosting market sentiment. Although the overall market is still in an adjustment phase, the NFT sector shows higher capital support and speculative enthusiasm in the short term, becoming an important indicator for observing market trends.

🔍 Project Overview

Huma Finance is the world's first 'PayFi' (Payment Finance) network, dedicated to providing real-time settlement liquidity for payment institutions, breaking through the efficiency bottlenecks of traditional banks :
• Utilizing stablecoins and on-chain liquidity to achieve 24/7 cross-border payments and instant settlements 
• Supporting various payment finance scenarios from trade finance, DePIN (Decentralized IoT Financing) to lending 

⸻

🧩 Core Products and Ecosystem
1. Huma Institutional: A licensed financing pool for financial institutions, supporting KYC/KYB; has deployed multiple pools on chains such as Solana, Polygon, and Stellar, with a total of over $2.3 billion in credit issued and a transaction volume of $4.5 billion 
2. Huma 2.0 (Permissionless): Launching in April 2025, open to retail users to enhance liquidity participation 
#HumaFinanc
@Huma Finance 🟣

#SoftStalking
#What is Soft Staking?

Soft Staking is a cryptocurrency staking mechanism that allows users to earn rewards without locking up their assets. Unlike traditional Staking (hard staking), users can withdraw or trade their tokens at any time, offering greater flexibility and is suitable for investors who do not want to be tied to long-term lock-ups.

⸻

📌 Features and Advantages
1. High asset freedom: No lock-up required, can be transferred or traded at any time.
2. Passive income source: Holding coins that support Soft Staking gives you the opportunity to earn rewards.
3. Easy platform operation: Users only need to store assets in a supported platform wallet (such as Binance, KuCoin, OKX, etc.), and the system automatically calculates and distributes rewards.
4. Suitable for beginners: No complicated settings or understanding of complex node selection is required to participate.

⸻

⚠️ Precautions
• Yields are usually slightly lower than "locked Staking".
• Not all coins support Soft Staking.
• Platforms may change the revenue distribution rules based on policy changes, so pay attention to official announcements.

⸻

🏦 Examples of platforms that support Soft Staking:
• Binance: Some assets can earn rewards just by holding them in the wallet.
• KuCoin: Previously launched "Soft Staking" service, supporting multiple tokens.
• OKX, Bybit, etc.: Some activities or products have a similar "lock-free income" mechanism.

#稳定币监管风暴

🔷 #US Cryptocurrency Legislation

Recently, the U.S. Congress has been actively promoting regulatory legislation for cryptocurrencies. Key issues include:
• Restarting discussions on the "Financial Innovation and Technology Act": The original version of this bill began in 2023, and the revised version in 2025 strengthened the role delineation between the SEC and CFTC, clarifying the regulatory boundaries between security tokens and commodity tokens.
• Growing support: An increasing number of lawmakers support establishing a clear framework for the cryptocurrency industry, especially after the FTX incident, emphasizing investor protection and transparency.
• Trump and the Republican Party express support for Web3 development, encouraging corporate innovation and the legalization of on-chain assets.

📌 Implication: If the bill passes, the U.S. is expected to become a compliance hub for crypto assets, attracting a return of funds.

⸻

🌀 #Stablecoin Regulatory Storm

As the market value of stablecoins surpasses $170 billion, U.S. regulatory agencies have intensified their scrutiny, particularly targeting mainstream projects such as USDT, USDC, and FDUSD:
• SEC and Treasury Department concerns:
• Whether stablecoin issuing institutions have sufficient reserves;
• Whether they are being used for illegal financing or money laundering;
• The risk spillover effects on traditional banks (especially the risks associated with on-chain dollars and monetary policy linkage).
• After the decoupling incident of FDUSD, market panic expanded, prompting regulatory agencies to hold emergency hearings.
• The draft of the "Stablecoin Transparency Act" has been exposed: it proposes that all stablecoins must be issued by FDIC-registered banks and undergo regular audits.

📌 Risks and Opportunities:
• If regulation is overly burdensome, it may lead to projects fleeing;
• However, if regulation is clear, it will enhance stablecoin credibility and global legal use cases.

⸻

#Chainbase上线币安

🚀 #Chainbase Launching on Binance

In July 2025, Chainbase (TOKEN code not yet disclosed) will officially land on Binance Launchpool:
• Project Introduction: Chainbase is a protocol focused on Web3 data infrastructure, emphasizing 'Data-as-a-Service,' providing real-time on-chain data analysis and API support for dApps, DeFi, and AI projects.
• Binance Endorsement: As a Binance Launchpool project, Chainbase allows users to stake mining with $BNB or $FDUSD, representing its high trust from Binance.
• Positive Factors:
• Emphasizes the integration of AI and Web3, aligning with current market trends.
• Provides developer-friendly tools and APIs, with good technical practicality.
• Low entry threshold for initial Launchpool mining, conducive to rapidly expanding the community.

#加密立法新纪元
With the rapid expansion of the digital asset market, governments around the world are accelerating the promotion of cryptocurrency-related legislation. The US Congress has recently been actively reviewing draft bills such as the 'Digital Asset Market Structure Act' and the 'Stablecoin Transparency Act', striving to establish clear regulations and a regulatory framework for the cryptocurrency industry. At the same time, the EU's 'Regulation on Markets in Crypto-Assets' (MiCA) has officially entered the implementation phase, covering issuer obligations, fund segregation, transparency, and other requirements, becoming a global benchmark for cryptocurrency legislation.

In Asia, Japan continues to strengthen regulation of exchanges and wallet services, while South Korea plans to establish a digital asset regulatory agency. Although the introduction of these regulations may suppress market activity in the short term, in the long run, it helps to eliminate fraud and money laundering risks, attract more institutional funds into the market, and push the industry towards maturity.

'Compliance' is gradually becoming the core keyword of the cryptocurrency market, ushering in a new era of global cryptocurrency legislation. In the future, those who can grasp policy trends will have the opportunity to gain an advantage in the new financial system.

$SUI
The following is a summary of the latest developments in U.S. cryptocurrency legislation as of July 19, 2025:

⸻

🇺🇸 The GENIUS Act (Stablecoin Act) has become law
• Congress passed the GENIUS Act on July 17, which was signed into law by President Trump the next day (July 18).  .
• The regulation stipulates that stablecoin issuance must be managed by banks or licensed institutions, fully backed by low-risk assets such as U.S. dollars or short-term U.S. Treasury securities, and requires regular public reserve reports and AML monitoring.  .
• The industry claims this will provide clear regulations and credibility for the stablecoin market, which is expected to rapidly expand to a market size of over a trillion dollars.  .

⸻

💱 CLARITY Act and Anti-CBDC Surveillance State Act
• Alongside the GENIUS Act, two other bills passed the House of Representatives:
• CLARITY Act: Clarifies the responsibilities of the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC). .
• Anti-CBDC Surveillance State Act: Prohibits the Federal Reserve from developing a retail version of CBDC to prevent abuse of surveillance. .
• These two are still pending Senate review.

⸻

⚖️ "Crypto Week": Policy Overhaul
• This month, the U.S. House of Representatives has been referred to as "Crypto Week," introducing at least three key bills to clarify the regulatory direction for digital assets. .
• The SEC also issued multiple guidelines on July 1, including clear statements on crypto ETP disclosures, that staking activities do not constitute securities obligations, and that stablecoins are not classified as securities. .

⸻

🏦 Political and Industry Perspectives
• Trump stated that these bills will "consolidate the U.S.'s dominance in the fintech sector," and subtly remarked, "the bills are named after me."  .
• Industry observers believe this move provides much-needed regulatory clarity but also express concerns that it may favor large institutions and diminish space for small and medium-sized innovators.   .

#山寨币突破

📜 #USCryptoLegislation

The United States has recently been active in cryptocurrency regulatory legislation, showing a trend towards a more proactive stance:
1. The "Financial Innovation and Technology for the 21st Century Act" (FIT21): It has passed the House committee review and is expected to be voted on in the summer. This bill defines the regulatory boundaries between the SEC and CFTC, clearly distinguishing between securities and commodity-type crypto assets.
2. Progress on the Stablecoin Bill Draft: Republicans and Democrats are negotiating regulations on stablecoin issuance, including licenses issued by the Federal Reserve or state regulatory agencies and maintaining 1:1 reserve requirements.
3. Trump's camp voices support for the crypto sector: Trump recently publicly stated, "I support Web3 and digital asset innovation," aiming to attract crypto voters and influence regulatory tone.

📌 Impact Analysis:
Clarifying legislation can reduce regulatory risks, potentially attracting institutional capital back, lowering policy risks in the crypto space, and benefiting the long-term investment environment.

⸻

🚀 #AltcoinBreakout

Recently, the market has seen strong performances from several altcoins, breaking out of consolidation ranges:
1. Low market cap MEME coin craze: Coins like $PEPE, $DOG, $TRUMP have attracted renewed trading enthusiasm, driven by community and political factors that boost liquidity.
2. Strengthening of AI and L2 related tokens: Including $FET (AI), $TAO, $ZK, $AEVO, other narrative-driven altcoins are attracting capital inflows.
3. Multiple listing activities initiated by Binance and OKX: Launchpool and Launchpad activities are attracting capital to new coins, with short-term trading becoming active.

📌 Observation Reminder:
Altcoins are highly volatile and influenced by news; risk management is recommended as a prerequisite. In the short term, attention can be paid to the narrative themes (such as AI, L2, political coins), while in the medium to long term, fundamental and liquidity support must still be monitored.

#交易策略误区

Here are the important global and Taiwan economic and cryptocurrency news summaries for July 18, 2025 📅:

⸻

🌍 Global Economic and Policy Dynamics
• Bitcoin Soars to New Heights, Institutions Continue to Enter
Bitcoin broke through $123,000 this week, benefiting from the favorable cryptocurrency policies in the U.S. Institutions are still in the early stages of positioning, with an estimated entry rate of less than 5% from retirement funds and hedge funds().
• U.S. House Promotes Stablecoin Legislation
The U.S. House is about to vote on a stablecoin bill, which, if passed, will be sent to the President for signing. This move indicates that Congress is practically advancing the legislative process for cryptocurrencies().
• ETF Fund Flow Surge
In the first half of 2025, ETF assets surpassed $11.6 trillion, attracting a net inflow of $556 billion in just the first half of the year, indicating that the ETF market remains active and various asset allocations are becoming increasingly convenient().

⸻

💹 Market and Financial Data
• Key Economic Data Focus: U.S. Building Permits to be Released
Today, U.S. stock markets will announce building permits, which may affect market expectations for the real estate and infrastructure sectors().
• Truist Financial Earnings Report to be Released
Truist Financial (TFC) will release its earnings report today (7/18), and the market is focused on its outlook for interest rates and mortgage business().
• Procter & Gamble Dividend Declaration
P&G will go ex-dividend on 7/18, with a dividend of $1.0568 per share, expected to be paid on 8/15.

⸻

🏦 Trade and Geopolitics
• Trump Resumes Tariff Threats
Trump announced that he will implement a new round of tariff measures on over 150 countries starting August 1, targeting the technology supply chain and imported products().
• U.S.-China Energy Competition Intensifies
A White House report pointed out that the U.S. is lagging behind China in power supply and nuclear energy. It is estimated that the U.S. will need to invest about $1.4 trillion from 2025 to 2030 to catch up().

⸻

💻 Cryptocurrency and Blockchain
• ETF and Stablecoin Legislation Gaining Momentum
Several cryptocurrency provisions passed last week, and the stablecoin bill is about to be sent to Trump for signing, with the House also promoting more legislation on stablecoins and market structure().
• Altcoins Show Strong Performance
Driven by the surge in Bitcoin, most tokens have rallied strongly in the short term, with research indicating that Ethereum has performed particularly well().

#我的策略演变

📘 Wave Theory Course

Session Three: The Basic Structure and Characteristics of A-B-C Corrective Waves

After completing the five-wave upward movement, the market does not rise continuously but enters a natural three-wave corrective phase, known as the A-B-C structure, also referred to as the 'corrective wave'.

⸻

🔁 The basic form of A-B-C is as follows:

1️⃣ Wave A:
• The first wave down, usually occurs quickly, but most investors see it as a pullback rather than a reversal.

2️⃣ Wave B:
• The rebound wave, upward structure, appears to be reaching new highs, but is actually an illusion that often deceives people into entering the market.

3️⃣ Wave C:
• The true downward wave, often equal to or even longer than Wave A, exhibits fierce movement, and the market begins to show signs of panic.

⸻

🔺 Three main types of corrective waves (forecast):
1. Zigzag: Waves A and C are impulsive waves, and Wave B is a corrective wave (5-3-5)
2. Flat: All three segments are three-wave structures (3-3-5)
3. Triangle: A compressed consolidation with a five-wave structure (3-3-3-3-3)

These are the patterns that will be analyzed in depth later.

⸻

💡 Key Concepts:
• Corrective waves often bring confusion and uncertainty, so mastering corrective waves is crucial.
• It is not the beginning of a reversal, but a period of correction within a trend, and it may also be part of a larger wave cycle.

#套利交易策略

📘 Wave Theory Course

Second Lesson: Structure and Rules of the Five Impulse Waves (1-2-3-4-5)

The most basic trend structure in wave theory is the "Five Impulse Waves," representing the main direction of market movement. These five waves have a clear order and characteristics.

⸻

🌀 Structure as follows:

1️⃣ First Wave:
• Initial market rise, usually weak, with most people still not believing that a reversal has begun.

2️⃣ Second Wave:
• Retracement wave, correcting the first wave, but cannot drop below the starting point. This wave often leads to doubts about whether the rebound is a false signal.

3️⃣ Third Wave:
• The strongest and longest wave, market sentiment begins to become euphoric, and trading volume increases, marking the main upward phase.

4️⃣ Fourth Wave:
• Again corrects, but usually more gently, with a small retracement, preparing for the upcoming fifth wave.

5️⃣ Fifth Wave:
• The final upward wave, market becomes overly optimistic, often displaying false breakouts, divergences, and other phenomena.

⸻

✅ Key Rules (must remember):
• The third wave must absolutely not be the shortest wave (but it doesn't have to be the longest either)
• The second wave cannot drop below the starting point of the first wave
• The fourth wave cannot enter the price range of the first wave (unless in special structures, such as wedges)

⸻

These five wave shapes constitute a complete upward trend.

$SOL

📘 Wave Theory Course

First Lesson: What is Wave Theory? Introduction to Core Concepts

Wave Theory (Elliott Wave Theory) is a market price cycle theory proposed by R.N. Elliott. He discovered that market fluctuations are not random but occur in a regular 'wave pattern'.

⸻

🌊 Basic Principles:

A complete wave cycle consists of:
• Five Rising Waves (Impulse Waves): called 1-2-3-4-5 waves
• Three Corrective Waves: called A-B-C waves

This '5+3 Structure' forms a complete wave segment and continuously reappears in trends at all levels.

⸻

🧠 The Nature of Waves:

Waves reflect the response patterns of human collective psychology—emotions such as greed, fear, doubt, and optimism leave traces in prices.

⸻

📈 What Can Wave Theory Do?
• Analyze which stage the market is in (impulse or correction)
• Predict possible future price structures
• Help design risk management and entry-exit strategies

$BNB

Stock Price Behavior Analysis Course

Lesson 30: Summary Review and Continuing Education Plan

Congratulations on completing this set of 30 systematic courses! Today, we will summarize everything you have learned and provide directions for your future continuous evolution, allowing you to truly embark on the path of 'Stable Trading and Independent Judgment'.

⸻

1. Core Concepts Summary

You have learned:

✅ The language of price: Candlestick patterns, key candlesticks, reversal and continuation signals
✅ Market structure judgment: Trends, consolidation, support and resistance, volume-price relationship
✅ Entry and exit strategies: Entry conditions, stop-loss logic, target planning
✅ Trading psychology and discipline: Emotion control, simulation practice, recording and reflection
✅ Establishing a trading system: Composing all techniques into a repeatable decision-making process

This knowledge has formed the 'fundamentals' of your price behavior analysis.

⸻

2. Suggested Next Steps for Learning
1. Enhance pattern recognition skills:
　Practice reading different trend charts every day to develop intuitive responsiveness.
2. In-depth advanced topics (can serve as extension courses):
　- Multi-timeframe analysis (weekly candlesticks paired with daily candlesticks)
　- Pairing with Bollinger Bands, VWAP, OBV, and other technical indicators
　- Learning price behavior of futures and options
　- Combining trading psychology in practice (such as coping with FOMO, managing profit anxiety)
3. Regularly backtest and optimize your system:
　Use historical charts to review performance monthly, make critiques and fine-tune.

⸻

3. Final Reminder:

Trading is not about 'finding the Holy Grail', but about 'continuously honing a method that suits you'.

From this moment on, please treat these 30 lessons as your 'basic tools'; your future growth will come from stable execution, continuous recording, deep thinking, and persistent repetition.

Wishing you to become one of the few calm, focused, and long-term profitable winners in the market.
Our course concludes here, but your trading journey is just beginning. 💪📈

#趋势交易策略

Stock Price Behavior Analysis Course

Session Twenty-Nine: Create Your Own Trading System Framework

Today we will integrate everything we have learned to establish your personalized trading system. A good system is not just about the conditions for entering and exiting trades, but also a systematic approach to achieving stable profits.

⸻

1. What is a trading system?

A trading system is a complete set of 'operational rules', including:
1. Stock selection logic: What types of stocks do you operate? Do you have volume and volatility filters?
2. Entry conditions: What K-bars, patterns, trends, and volume must be met to enter?
3. Exit conditions: How do you set stop-loss and take-profit? Do you have a trailing stop?
4. Capital management: How much to invest per trade? What is the maximum capital allocation for a single target?
5. Discipline and record-keeping: How do you force yourself to execute? Do you keep a record sheet?

⸻

2. Systems do not need to be complex, but they must be repeatable.

For example, you can design a 'Beginner Trend Breakout System' like this:
• Target type: Average daily volume > 2000 shares, stock price $10 to $100
• Pattern conditions: Box breakout + high volume bullish K
• Entry position: Closing price on the breakout day
• Stop-loss design: K-bar low - 2%
• Target setting: Height of the box equals the target; move the stop-loss after taking half the profit

✅ Use such fixed rules to operate 20 times, reviewing the win rate, profit ratio, and stability.

⸻

#突破交易策略

Stock Price Behavior Analysis Course

Session Twenty-Eight: Simulation Trading and Backtesting Training Techniques

It's not enough to just read charts; practical exercises are the true beginning of growth. In today's lesson, we will learn how to use 'simulation trading' and 'historical chart backtesting' to train your trading decision-making ability.

⸻

1. What is simulation trading?

Simulation trading is pretending to trade using real-time quotes or historical charts without investing capital, but training judgment skills.

✅ Benefits:
• Risk-free practice of entering and exiting trades
• Strengthening execution and discipline
• Recognizing emotional responses

⸻

2. Methods for simulation trading practice
1. Randomly open a candlestick chart (can use TradingView)
2. Scroll the chart to the left to view only part of the historical chart (do not peek at the results)
3. Slowly push the chart to the right, thinking as you go:
• What is the trend?
• Can I enter now? Where to enter? Where to set the stop loss?
• What signals indicate I should exit?

✍️ Record your judgments from each simulation, and later compare them with the actual trends to adjust mistakes.

⸻

3. The focus of training is not on being 'correct' but on 'consistency'

Simulating continuously for 10 times, the goal is not to sharpen your vision but to practice the process of judgment, discipline, and reflection.

📌 Don’t pursue making a profit every time, but rather 'execute logically every time.'

#日内交易策略

Stock Price Action Analysis Course

Lesson 27: Analysis of Typical Practical Cases (Part 2) - False Breakouts and Consolidation Traps

Today we will look at a trap that many traders often fall into: a false breakout of a consolidation zone. This lesson will teach you how to identify traps, avoid losses, and find opportunities for contrarian trading.

⸻

I. Case Background
• The stock has been consolidating within a range for a long time (rectangular consolidation), with clear support and resistance.
• One day, a red candlestick appears that breaks through the resistance zone, but the closing price of the day has an upper shadow, and the trading volume is moderate.

⸻

II. Process Analysis and Problems
1. Unclear Trend
　→ Long-term range consolidation, no clear trend
2. Abnormal Breakout Pattern
　→ Although it breaks through, the candlestick has a long upper shadow, indicating that there is selling pressure above.
3. Trading Volume Not Effectively Increased
　→ Volume does not clearly support it, and there is insufficient market consensus.
4. The next day, it opened high and went low, returning to the range
　→ Forming a "false breakout" structure, a clear failure signal

⸻

III. Trading Strategies and Learning Points
• If you enter the market at the first time, you should immediately stop the loss (do not delay)
• When observing reverse signals, you can consider doing reverse operations (such as: the price falls below the central axis again, with a large volume decline)

📌 Bullish failure ≠ cannot be operated, but transformed into a short opportunity.

⸻

These types of false breakouts are often the main force's way of washing out the market or inducing more buying. Learning to see through it can turn you from a "deceived person" to a "person who goes with the flow."