The biggest problem in the currency circle at present is that liquidity cannot keep up with the stage of sentiment.
Since the end of 2023, after the Bitcoin ETF was passed, the sentiment of the big bulls has been in place, but the liquidity of funds in the market is not enough to support the situation of multiple consecutive monthly K-lines in the past.
Therefore, it is only possible to concentrate funds in a short period of time to pull the market, and then repeatedly extract the liquidity of the cottage for a long time to transfuse blood into the big cake.
So at this point in time, BTC has skyrocketed a lot compared to a year ago, but the cottage is almost in the same place, and even compared to February 2024, it is negative growth. This situation will continue in the future. As for the cottage season, it is expected that there may be a wave of Ethereum upgrades in March, and the BTC market share will also need a callback, but this is only the cottage season caused by the callback of the BTC market share, not the big cake market share in 2021. #山寨å£ä½ę¶å°ę„ļ¼
U.S. SEC sets up cryptocurrency working group to develop regulatory framework
According to WuSay, Mark T. Uyeda, acting chairman of the U.S. Securities and Exchange Commission, announced the establishment of a cryptocurrency working group on January 21, 2025, with the aim of developing a clear regulatory framework for crypto assets.
The task force is led by Commissioner Hester Peirce, with Richard Gabbert and Taylor Asher serving as Chief of Staff and Chief Policy Advisor, respectively. The task force will work with the SEC, the public, and other federal and international agencies to clarify regulatory boundaries, provide a registration path and disclosure framework, and optimize the allocation of enforcement resources.
The platform is also garbage, allowing this kind of garbage to come up.
Binance News
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TRUMP continues to rise, breaking through 75 USDT, setting a new historical high
According to Binance's market data, TRUMP continues to rise, breaking through 75 USDT, with a peak of 77 USDT, currently quoted at 70.53 USDT, setting a new historical high.
$BTC Bitcoinās pullback today did not have a quick spike or pullback. My ten years of experience in the cryptocurrency world tells me that the bottom has not been reached.