The market really turned bullish, family members—right now, throw away all your electric scooters 🛵🛵!!
Today’s market is a bit crazy. Let’s break it down first. First, the US Treasury fired off a big move: it announced a major increase in the scale of its active repurchases of long-term Treasuries. The effect was immediate. The 30-year US Treasury yield dropped sharply from the high point, and the 10-year yield fell in tandem. The U.S. Dollar Index fell 0.9% intraday, and global risk assets surged across the board.
On the way, I kept seeing my phone pop up: $BTC
Breaking above 72000—such a long-missed number. Even the dog-catching ETH has gone up a lot.
Behind the scenes, it’s mainly that Trump met with people from the crypto industry at the White House and put pressure on Congress to advance the CLARITY bill. The expectation of regulatory benefits directly lit up the market.
ETF data was also intense. This week has really been about aggressive accumulation. After a small outflow and shakeout on 8/14, institutions from the 17th to the 19th launched an extremely fierce, consecutive 3-day buying spree—cumulatively net bought over 15,600 BTC, with daily trading volume hitting $8.23 billion. Ethereum too—now people are starting to shout about $10,000 again ☺ You’re used to everyone’s usual playbook.
On the U.S. stock side, pharma stocks exploded across the board. The cancer vaccine data co-developed by Moderna and Merck looks good—Moderna surged straight up 89%, while Merck rose nearly 10%. Consumer stocks also did well: Target and Lowe’s both beat expectations, temporarily easing concerns about lowering consumer spending ratings.
On the crypto side:
$BIO
Everyone can also take a look at that. Also, I’m very optimistic about:
$HYPE
Overall, today the fiscal side is injecting liquidity, the dollar is weakening, and political positives are stacking up—liquidity-driven market sentiment has come rushing back. But we still need to see whether the broader market can hold steady; otherwise it could just be a round of strong rebound. If you don’t have a position, don’t chase the highs for now—wait for a pullback. Keep an eye on whether the ETH/BTC exchange rate can catch up and rally too.
Today’s market is a bit crazy. Let’s break it down first. First, the US Treasury fired off a big move: it announced a major increase in the scale of its active repurchases of long-term Treasuries. The effect was immediate. The 30-year US Treasury yield dropped sharply from the high point, and the 10-year yield fell in tandem. The U.S. Dollar Index fell 0.9% intraday, and global risk assets surged across the board.
On the way, I kept seeing my phone pop up: $BTC
Breaking above 72000—such a long-missed number. Even the dog-catching ETH has gone up a lot.
Behind the scenes, it’s mainly that Trump met with people from the crypto industry at the White House and put pressure on Congress to advance the CLARITY bill. The expectation of regulatory benefits directly lit up the market.
ETF data was also intense. This week has really been about aggressive accumulation. After a small outflow and shakeout on 8/14, institutions from the 17th to the 19th launched an extremely fierce, consecutive 3-day buying spree—cumulatively net bought over 15,600 BTC, with daily trading volume hitting $8.23 billion. Ethereum too—now people are starting to shout about $10,000 again ☺ You’re used to everyone’s usual playbook.
On the U.S. stock side, pharma stocks exploded across the board. The cancer vaccine data co-developed by Moderna and Merck looks good—Moderna surged straight up 89%, while Merck rose nearly 10%. Consumer stocks also did well: Target and Lowe’s both beat expectations, temporarily easing concerns about lowering consumer spending ratings.
On the crypto side:
$BIO
Everyone can also take a look at that. Also, I’m very optimistic about:
$HYPE
Overall, today the fiscal side is injecting liquidity, the dollar is weakening, and political positives are stacking up—liquidity-driven market sentiment has come rushing back. But we still need to see whether the broader market can hold steady; otherwise it could just be a round of strong rebound. If you don’t have a position, don’t chase the highs for now—wait for a pullback. Keep an eye on whether the ETH/BTC exchange rate can catch up and rally too.