Woke up again to see 2300, touched 2400 and then dumped, how many times has this script played out this week? Can't count.
The short data looks pretty solid: exchanges are still loading up, funding fees are negative, and the 4H candlestick is looking ugly. Below 2280, we've got 2200, and if it breaks, don't hold on too tight.
But strangely, the big money hasn't fled; they're still buying. Bitmine just staked over a hundred thousand coins, and some lunatic on Hyperliquid opened nearly 100,000 ETH long positions. On one side, retail investors are fleeing, while the whales are picking up the scraps.
I don't know who’s gonna win. Swinging in the 2280-2400 range, I'm just here for the show. I'll think about jumping in if we break above 2400.
(Just my personal thoughts, don’t follow my trade) $ETH
The US and Iran caused a stir, with the pancake directly hitting 7.4, Ethereum at 2.26K. DeFi has another big case of 290 million, and $AAVE has fallen by nearly 20%. With this market, just holding $BTC $ETH is enough, don't get carried away.
The real big opportunity may not be in the altcoin season
In the past couple of days, many people are still waiting for the full return of the altcoin season, but I am more focused on a main line that is undervalued by the market: stablecoins + RWA + on-chain financial infrastructure. The reason is simple: the opportunities that can truly go far are often not the ones with the most explosive emotions, but rather the directions that first attract real funds, real businesses, and real compliant entry points. In the past, the market preferred to pay for stories, and in the future, what deserves more attention may be those protocols and platforms that are taking on core financial links such as issuance, settlement, custody, and trading. My judgment is that the next round will have more sustainable opportunities, and it may not necessarily start with the coins that can most stir emotions. Instead, it might come from those that currently seem not hot enough, but are gradually being integrated by institutions, trading platforms, and payment systems. Once on-chain asset issuance and stablecoin settlement gradually run smoothly, the market will provide not just conceptual premiums, but business premiums, cash flow premiums, and even higher-level valuation reassessments.
The bank has started to supplement the underlying facilities for 'traditional funds + on-chain funds' to run together. Finzly released Token Galaxy today, and the core is not a single stablecoin, but rather allowing banks to handle traditional currency, stablecoins, and tokenized deposits within the same system. What is more important than the concept this time is that it has started to be implemented.
The enterprise side has started to incorporate stablecoin payments into real processes. BitGo announced today a partnership with Stable Sea to support enterprises in managing Bitcoin and stablecoins in a compliant custodial environment, also covering B2B stablecoin payments. Today I will focus more on BTC. Real use cases are progressing, which is more worthwhile to observe than just discussing concepts.
Are you more concerned about the price or the practical application?
Nasdaq and Kraken have begun to advance on-chain securities to more specific stages. Reuters mentioned today that the focus will be on corporate actions, proxy voting, and shareholder interactions. Such news may not immediately reflect in prices in the short term, but it will influence how the market views RWA-related themes later. Today I will pay more attention to ONDO. Have you been focusing more on prices or the progress of on-chain applications recently?
International oil prices once approached 120 dollars per barrel, then fell back to around 90 dollars, and market sentiment is also recovering. Today's feedback on BTC is more direct, and I will continue to see if ETH can keep up. My observation is: if the mainstream continues to strengthen, the rebound elasticity of ETH is more worth watching.
Today the market is not just watching the coin price. Reuters mentioned today that Brent oil briefly approached $120 per barrel, putting pressure on global risk assets.
I am more focused on BTC today. My observation is: macro disturbances are still present, first look at the rhythm in the short term, then look at the direction.
Are you more concerned about BTC volatility or market sentiment? #BTC #Crypto #Macro #Market