🔥 BlackRock Files for Two New Tokenized Funds as Real-World Asset Market Tops $30 Billion
BlackRock, with $14 trillion under management, has filed with the SEC to launch new tokenized Treasury reserve funds and add blockchain-based shares, highlighting significant growth in tokenized real-world assets (RWA) which now exceed $30 billion. This strategic move by the world's largest asset manager signifies a major institutional embrace of blockchain technology and real-world asset tokenization, pushing the sector's valuation up ten-fold in two years.
⚡ U.S. Senate Compromise Boosts Crypto Market Structure Bill Prospects
📉 Crypto Market Experiences $202 Million in Liquidations Over 24 Hours
The cryptocurrency market saw $202 million in liquidations over the past 24 hours, with long positions accounting for $49.065 million. This volatile period, where Bitcoin also failed to break above $80,000 despite strong job data, indicates short-term market uncertainty and significant risk for leveraged traders.
📈 Mainstream Asset Performance (24h)
BTC:+0.5% — Current Price: $80548.21
BNB:+0.5% — Current Price: $647.54
ETH:+1.0% — Current Price: $2316.94
SOL:+3.7% — Current Price: $92.95
🚀 Top Gainers (Selected)
SAHARAUSDC:+32.3% — Significant increase in trading volume and continuous capital inflow.
SAHARAUSDT:+31.9% — Significant increase in trading volume and continuous capital inflow.
DYMUSDT:+23.9% — Significant increase in trading volume and continuous capital inflow.
🎁 Platform Activities & Reminders
🔥 Season 2 Launch Tomorrow
Season 2 drops tomorrow, with more Native's rewards brewing.
Here are practical ways traders usually confirm whether wave 4 is likely finished (still just analysis, not certainty):
1) Structure confirmation (most important) Wave 4 often ends as a flat / zigzag / triangle rather than a clean impulse. Things that increase confidence it’s done: A clear A-B-C completion (or triangle breakdown + break) Break of the corrective channel (price reclaims the channel top if the correction was down, or breaks down if it was up) A clean 5-wave impulse starting from the presumed wave-4 low/high (i.e., wave 1 of 5 becomes visible)
2) Price-level confirmation Common wave-4 behaviors: Often respects Fib retracement zones of wave 3 (commonly 0.236 / 0.382; sometimes 0.5 in weaker trends) Should not overlap wave 1 in standard impulse counts (spot rule; futures can wick, but closes matter)
3) Momentum/flow confirmation Even without indicators, the key idea is: Wave 4 usually shows weakening momentum vs wave 3 If the next push looks impulsive and momentum expands again, that supports “wave 5 underway”
4) About your short with TP = wave 3 target That can make sense only if your thesis is “wave 5 truncation / failure” (i.e., wave 5 doesn’t make a meaningful new extreme). But the risk you already highlighted is real: If wave 5 extends, it can run hard (and 1.618 extensions are common in strong trends), so shorts can get punished quickly.
5) Risk framework for this exact uncertainty If you’re holding the short while unsure wave 4 is done, most pros simplify it to: Invalidation level (where your count is wrong) Time/structure stop (if it starts impulsing the other way, you exit even if price hasn’t hit the invalidation yet) Reduce size / hedge so you’re not “married” to the count
If you tell me: 1) your SOL perp entry, 2) leverage, grid range/steps, 3) where you mark wave 1 and wave 3, and your suspected wave-4 low/high, …I can help you map clean invalidation + the two main scenarios (truncate wave 5 vs extended wave 5) and what each would imply for managing the position.