Founder of Litentry: The encryption market has entered the stage of application landing, and it is still in the rising stage of the long-term bull market
星球日报讯 今天下午,BlockArk & ArkStream Capital联合Odaily星球日报共同举办「Bull Cycle of Long Run方兴未艾——ArkStream Capital品牌发布会」。Litentry创始人程翰文表示,BTC不会再出现过山车这种从狂热到泡沫的过程,原因是因为越来越多的区块链产品出现,从吹泡沫的阶段到了应用落地的阶段。在这个阶段里,加密市场肯定是有泡沫的,现在的加密市场是有一些疯狂的,但疯狂的程度在泡沫稍微灭掉一些之后,里面仍然有很多重要的基础设施、应用或区块链的项目。因此我判断,它不是一个快速泡沫破灭的过程,而是缓慢爬坡、到了高点,再逐渐价值回归的过程。根据目前的市场情况看,我觉得远远没有达到泡沫的顶点,目前仍然有很多项目方在出现,很多基金在涌入,说这是长期牛市的开始阶段,或者说是长期牛市的上升阶段,都不为过。
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Odaily: U.S. President Trump stated that we will make a decision on Iran very soon, the Houthis' actions are very bad, and he has already spoken with the Saudi Crown Prince. (Jinshi)
Odaily News: CME Group CEO Terrence Duffy stated that the U.S. Commodity Futures Trading Commission's (CFTC) attempt to expand its regulatory authority over prediction markets is "a bit of a stretch," and that the related regulatory dispute could ultimately reach the U.S. Supreme Court.Speaking at the DC Fintech Week event on Tuesday, Duffy said the battle over prediction market regulation could evolve into a legal showdown among state governments, tribal governments, and the federal government. "This is going to the Supreme Court, and I think the states and the tribes will prevail," he said. (The Block)
Odaily reports: Trader Killa says that for Bitcoin (BTC) to replicate its 2023 price action, it needs to form a higher low (HL) above $75,500 and ideally hold the low near $80,000.After Bitcoin recently reclaimed its short-term structure around the $82,000 zone, it pulled back to test and broke through again, with short-term price action showing strong characteristics of "bull traps and bear traps." When BTC previously fell from $84,100 to $81,000, the structure appeared weak, but a large number of shorts entering at the lows fueled the subsequent rebound.Killa noted that during the drop from $84,100 to $81,000, long liquidations totaled approximately $300 million, while during the earlier decline from $86,800 to $80,600, long liquidations exceeded $2 billion, indicating that the market's leverage structure is improving and the proportion of longs has declined compared to before. The market now needs to form a higher low and initiate the next leg up; otherwise, this correction could break below $80,000.
Odaily reports that according to MSX.COM data, US mega-cap cloud providers including Microsoft and Google rallied collectively. Google-A shares rose 1.07% to $356.510 per share, with a total market capitalization of $4.36 trillion.Microsoft shares rose 1.6% to $549.795 per share, hitting another record high, with a total market capitalization of $4.08 trillion. Amazon shares rose 0.93% to $261.950 per share, with a total market capitalization of $2.83 trillion.
According to MSX.COM data, Apple's stock price rose 1.74% in early trading to $346.892 per share, with a total market cap of $5.06 trillion, setting a new all-time high.
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