夏木KRIS

Dual Anchor Currency Era: Why Only Gold and Bitcoin Will Survive in the End

I increasingly feel that we are heading towards a strange yet inevitable future. The world is forming two distinctly different trust systems: one based on 'material', gold; the other supported by 'algorithms', Bitcoin.

China continues to increase its gold reserves, this action seems more like preparing a defense in advance. Gold does not depend on any country, nor does it require third-party guarantees; its value comes from the accumulation of time and the common trust of humanity. Meanwhile, the United States is promoting the institutionalization of cryptocurrencies, with frequent interactions between capital and regulatory bodies, and financial giants are all making plans. They are trying to make digital currency the core tool of the new financial system, using new rules to consolidate dominance.

When one country hoards physical assets and another builds computational power infrastructure, the world's monetary order has begun to loosen. The dollar once represented global credit, but now with rising debts, excessive currency issuance, and diminishing trust, the system itself is beginning to show signs of fatigue.

The currency of the future may be underground or in the cloud. Gold remains the most solid store of value in the real world, while Bitcoin is gradually gaining a similar status in the digital realm. One embodies stability and tradition, while the other symbolizes openness and innovation.

I often think that gold connects to the civilizations of the past, while Bitcoin leads to the order of the future. As the credit system of the dollar gradually collapses, humanity is searching for a new anchor point of 'trust'; these two assets may become new pivot points.

This transformation is not a distant fantasy, but a migration that is quietly happening. We are moving from national credit to consensus credit, from printing presses to computational power and time. Yet most people have not realized that they are already standing at the historical watershed.

$BTC
$PAXG

$57,800
Perhaps this is the bottom of the current $BTC Bitcoin bear market

Looking back now, I’m increasingly convinced that around $57,800 may be the true bottom of this BTC bear market.
At the end of June, Bitcoin was driven down to about $57,800, setting a new 21-month low. At the time, the environment was actually very poor: the Fed was leaning hawkish, and ETF flows were continuing to bleed out. Just the withdrawals in June alone totaled tens of billions of dollars, and market sentiment had already been crushed into extreme pessimism.

But with so many bearish factors, BTC still didn’t keep collapsing.
Now Bitcoin has rebounded all the way from $57,800. Today, it even briefly broke above $79,000—an upside rally of more than 36% from the lows. At the same time, ETF capital has started flowing back in again, and regulatory expectations are beginning to turn more favorable.

So now I’m going to start treating $57,800 as a very important level.

The bottom of a bear market is often something that falls out—only after some time do people realize: the lowest point was already behind us long ago.

Today’s recommendation $SCR
These kinds of “shanzhai” coins that haven’t really pumped yet can start being looked at.

Today I’m going to take a closer look at $SCR (Scroll).
Right now, the $SCR price is around $0.022. It’s up about 6% over the past 24 hours, but it’s still down more than 98% from its all-time high of $1.44.

Scroll itself is an Ethereum zkEVM Layer 2, and the project is still actively being updated. Just this June, it completed a new round of network upgrades. $SCR currently has a circulating supply of about 190 million coins, with a total supply of 1 billion.

Recently, BTC has been bringing market sentiment back. In that case, I’ll start looking for older projects that have dropped enough and haven’t seen a noticeable catch-up pump yet.

Of course, there’s also token unlock pressure coming for $SCR later on, so I wouldn’t go too heavy on a small coin like this.

But if the capital keeps spreading from $BTC into shanzhai coins next, I think $SCR —being at such a low level—could be worth watching for a catch-up rally opportunity.

Next, I arranged $SCR into this position and went straight in

$SCR

Takeoff $BB

Go find the sh*ll coins that haven’t pumped yet.
The next round might be when they catch up.

Recently, $BTC has surged from around 60k all the way past 70k. In this round, Bitcoin was the first to move, but now the sh*ll coins are starting to follow along slowly.

Yesterday, coins like ETH, XRP, and HYPE showed clear catch-up pumps. Some saw over 20% gains in 24 hours, which suggests that capital is starting to spread from BTC into higher-volatility assets.

So lately, instead of constantly chasing coins that have already pumped hard, I’ve been looking for sh*ll coins that dropped deeply earlier, haven’t really been moving much these past few days, and whose trading volume has started to pick back up.

That’s usually how the market works: BTC first pulls market sentiment back, then the major altcoins start moving, and only after that does capital begin to spread into mid/small caps and meme coins.

$KAITO and $BB are already starting to move. Next, there should be more and more catch-up pumps appearing in the market.

At this time, the most important thing is to identify opportunities early—don’t wait until a huge bullish candle of 30% or 50% shows up and then realize it.

$BOME $DOGE

$BB starts a huge surge, and the earlier low-position capital has already started moving

Just earlier, I said that $BB could start being watched around $0.01, and today the price clearly kicked off. In the past 24 hours alone, it’s already up about 11%, and the trading volume has also reached roughly $24 million.

Besides BTC lifting the entire altcoin market back up, BounceBit itself has also just received a fresh catalyst. It launched Borobudur on August 19, bringing Franklin Templeton’s tokenized BENJI fund in. This allows you to use RWA assets as collateral to obtain BB credit lines at a 0% interest rate.

$BB has already been hit very hard by the downturn, and its market cap is currently small. As long as the altcoin market continues to recover, this kind of coin typically shows extremely high volatility.

BTC surged from 60,000 to 79,000—this time it’s no longer just short liquidations

$BTC
Bitcoin is getting even more intense. $BTC has already broken through $79,000, and getting to 80,000 is just one step away.
The first leg of the rally clearly had a strong short-squeeze component. The daily liquidation of BTC shorts at one point reached $2.75 billion, setting a record-level short squeeze. That’s why the speed of the rebound—from the mid-60,000s back to 70,000—was so extreme.

But what’s more important is that after the squeeze, the price didn’t immediately drop back.

ETFs once again showed more than $500 million in net inflows in a single day. Spot buying is starting to pick up the pace, and CryptoQuant data also indicates that both BTC spot demand and perpetual contract demand have turned positive at the same time. This is the first time this has happened since the October 2022 peak.

On top of that, Trump is pushing the CLARITY Act, and the SEC has recently proposed a new crypto regulatory framework. The entire market has quickly shifted from the earlier phase of “no one dares to buy” back into risk-on appetite.

When BTC was at 60,000, everyone was waiting for 50,000. Now that it’s at 79,000, people are starting to ask when it will return to 100,000.
That’s how fast market sentiment can flip.

$BTC

Urgent: Bitcoin Breaks $79,000 — This Rally Has Fully Accelerated

$BTC has just broken through $79,000.
These past few days the market has been rising way too fast. It surged back up from around $60,000. Today in the Asian session it only just crossed $75,000, and now it has directly charged up to $79,000—market sentiment has been completely flipped back.

The initial trigger for this move was still the U.S. Treasury expanding the size of its long-term Treasury repurchases. The market immediately interpreted it as a liquidity-positive development. Then Trump also met with crypto industry executives at the White House, continuing to urge Congress to advance the CLARITY Act, and U.S. regulatory expectations warmed up as well.

And the money really has come back. The latest U.S. spot BTC ETF recorded a net inflow of $517 million in a single day, the largest single-day inflow in about three and a half months. The prior rally was no longer just short-covering.

I’ve been saying before that if Bitcoin at $60,000 can’t drop despite all these bearish factors, it’s likely this is the key bottom of the current cycle.

Now it has surged from $60,000 all the way to $79,000. The next $80,000 is the most direct hurdle.
$BTC $ETH $SOL

$BB I think this position is a good place to start buying a little.
Recently I looked back at BounceBit. $BB is now trading at around $0.0095. It has rebounded about 13% over the past 24 hours. It has already gone through a very deep round of declines, and the project’s total market cap is now only around $12 million.

I think it’s worth paying attention to again, mainly because there’s been some recent progress on the fundamentals.

On August 19, BounceBit launched Borobudur, bringing in Franklin Templeton’s tokenized money market fund BENJI. Users can use this kind of yield-bearing RWA as collateral, borrow BB, and at the same time maintain exposure to the returns of the original assets. And currently, the borrowing interest rate is set to 0%.

BounceBit’s own assets under management are still about $243 million. The business has expanded from the early days of simply generating BTC yield to stablecoins, RWA, on-chain credit, and CeDeFi. In the partnerships the official has disclosed, the ecosystem also includes Franklin Templeton, Circle, Centrifuge, Superstate, and others.

So for $BB , this is a position I personally like: the token price has already dropped very low, but the project is still continuing to build products—and recently catalysts have started appearing again.

Risks for small-cap coins are definitely higher. I wouldn’t buy a lot at once, but around $0.01 I think it’s a good time to start slowly building a position. If the market continues to recover, then we’ll see whether it can have another valuation correction cycle.

$BTC Today, it’s continuing to surge upward. During the session, it has already come close to

$72,000. In the past 24 hours, it’s up more than 3.5%, and from Monday’s low, it has rebounded over 15%.

I’ve been saying this for a while: when so many bearish factors hit around the $60,000 area and still couldn’t drag it down, that in itself is a very clear signal.

Now BTC has not only reclaimed $70,000, but also moved back above the 200-day moving average and the cost basis line for short-term holders. The overall structure is already much more comfortable than it was in the past few weeks. The next relatively important level is probably around $75,600.

Of course, this move is also being pushed by large-scale short liquidations. In the past 24 hours, short liquidations briefly reached $2.74 billion.

But no matter what, after being driven down from $60,000 and fighting back all the way to where we are now, it’s already touched $72,000.

I’m increasingly feeling that $60,000 might really be the key bottom for this bear market cycle. Next, let’s look at $75,000.

Bitcoin suddenly surged, and Trump pushed from behind again

This time, BTC abruptly jumped from over $60,000 all the way back to $70,000. Trump indeed added another spark.

On August 19, Trump met with several executives in the crypto industry directly at the White House, and publicly urged Congress to move forward with the CLARITY Act as soon as possible. The U.S.’s stance of continuing to embrace cryptocurrencies has become very clear.

However, what truly ignited this rally was the U.S. Treasury expanding long-term Treasury bond buybacks. Once Treasury yields fell, market expectations for liquidity shifted immediately.

On top of that, after BTC broke through, shorts were liquidated in succession, and ETF inflows returned. Several positive catalysts appeared at the same time, directly pushing BTC back to $70,000.

So this round isn’t just Trump calling for a rise. It’s a convergence of policy, liquidity, capital, and short-squeeze pressure all resonating together. If Trump continues to advance crypto regulatory legislation afterward and $70,000 can hold, then I think this market cycle really can start to look further ahead.

$XRP $BTC $ETH

Recently you can start paying attention to $PEPE 、$BOME $DOGE meme coins

The reason is simple: usually when a market cycle is just coming up from the bottom, money most likes to go after things with high “elasticity” and the most direct emotional impact. Similar situations have happened before. Earlier this year, when the market first began to rebound in January, $PEPE surged more than 70% in a few days, and the meme coin sector clearly outperformed the broader market.

Now BTC is back around the $70,000 level, and market sentiment is starting to recover. If capital continues to spread from BTC into altcoins, I think meme coins are very likely to become one of the first groups to be actively traded up again.

$PEPE is currently around $0.00000319, and it’s still roughly 90% away from its all-time high. $BOME has also experienced a very deep drawdown.

So I’ve started paying attention to these two recently.

If this round of the crypto bull market truly gets restarted, meme coins usually won’t be absent—especially old coins like these that already had market recognition in the last cycle and enough liquidity.

Bitcoin stabilizes around $70,000—this time I’m starting to feel more optimistic.

$BTC After pulling back from around $60,000, it has now regained and is once again trading above $70,000. During the day it even pushed through $71,000, and the single-day gain briefly reached 11%, the highest level in more than two months.

I’ve been saying all along that around $60,000 is worth watching. During this period, all these negative factors never truly managed to drag it down. Now, instead, it’s directly rebounding back to $70,000, which suggests that the support below is stronger than I expected.

Of course, this move is also driven by a large amount of short-covering, so I won’t just outright call a brand-new bull market.

Next, I’m watching one key level: $70,000.
As long as it can hold up on any pullback, I’ll start treating the area around $60,000 as a very important bottom for this round. Above that, there’s also resistance near the 200-day moving average around $71,500. If it can break through together, then the market will be different for real.

$BTC $ETH

The “copycat season” might be coming back

Lately, looking at the market, I think it might be time to start taking “copycat coins” again.
For a while, the market was basically only focused on BTC, and most altcoins had fallen so much that nobody wanted to touch them. But recently, capital has started to shift.

ETH has already surged to around $2,270, reaching a high point since May; SOL, XRP, and some small- to mid-cap coins have also begun to bounce back. The total market cap of altcoins has once again broken above $1 trillion.

However, we still can’t directly say that a full-on copycat season has arrived.
The recent Altcoin Season Index is still around 45. Under the traditional definition, it usually needs to be above 75 to count as a true altcoin season. Also, BTC’s market share is still over 56%.

But I actually think this phase is more worth paying attention to. Because by the time everyone confirms, “Altcoin season is here,” many coins may have already finished the first leg of their run.

So right now, I’m going to start gradually looking for altcoins that have fallen deep enough, still have solid fundamentals, and whose narratives haven’t died—and set up positions early. $KAITO is the most recent trade I’ve started entering.
$SOL $BNB

The crypto market’s bull run may really be coming back

Recently, I’ve started to turn more bullish on the crypto market again.

$BTC has surged all the way back from around 60,000. Yesterday, it broke back above $70,000, and its high has already approached about $71,500. In just two days, it’s gained more than 10%. At the same time, ETH has also reclaimed the $2,200 level. Overall risk appetite across the market has clearly started to return.

Most importantly, this time it’s not just BTC going up.

The day before, the entire crypto market’s total market cap increased by more than $110 billion. ETH and SOL have started to move together. Even smaller coins that had been hit badly earlier have begun to see rebounds as well.

I’ve long believed that around $60,000 might be the key bottom for BTC in this cycle, and now the market is starting to gradually validate that idea.

If, going forward, BTC can truly hold above $70,000, I think this move won’t be just a one- or two-day bounce.

$BTC $ETH $SOL

Time flies so fast this year.

Be sure to cherish your time, okay?
$NVDAB $AAPLB $NVDA.US

$KAITO Dropped to $0.327—I officially went all-in on the dip
A few days ago, I was already waiting for $KAITO to keep getting hammered lower. Today, the price is around $0.327, so I officially entered and bought the dip here.

From the high point at the end of July, $KAITO has already dropped more than 70% in a short time. Market sentiment has basically been driven to rock bottom. On top of that, there’s the pressure from recent token unlocks—there are clearly fewer and fewer people willing to buy.

But at this kind of level, it actually starts to fit my buy point.
The project itself is still moving forward: Kaito Studio, Capital Launchpad, staking—these products are still running. I’m willing to take a chance on the recovery from here using this current price.

Of course, $0.327 may not be the absolute lowest point, so I’ll still keep some funds.

My first buy at $0.327 is already in. If there’s an even deeper hole later, I’ll keep adding.
$KAITO