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With the return of ETF funds and favorable policies, Altcoin are about to usher in the 'layering era'!

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东晨
03-06
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The Bitcoin price has risen above $90,000, and the market volatility related to tariffs seems to have subsided. Last night's rise was mainly due to Trump's one-month postponement of auto tariffs on Canada and Mexico, which has reignited market hopes. Nomura Securities even speculates that Trump may not implement the current tariff plan and may even completely abandon the 25% tariffs on Canada and Mexico. Market panic has eased, and ETF fund flows have also reversed, with a net inflow of $22 million in a single day. If the funds continue to flow in, the market may further rebound. The White House Crypto Summit and Bitcoin Strategic Reserves The U.S. Commerce Secretary has revealed that Trump will announce a Bitcoin strategic reserve at the White House Crypto Summit on March 7 and grant it a unique status. Polymarket predicts that the probability of the U.S. establishing a Bitcoin strategic reserve this year has risen to 68%. However, Solana co-founder Toly has expressed opposition to decentralized tokens becoming national reserves, causing market volatility. Meanwhile, XRP executives have recommended that Trump include SOL in the reserves, which the market speculates may be a distraction. ADA's co-founder has received numerous congratulatory messages, but the White House has stated that he was not invited, potentially making him an unexpected topic at the March 7 summit. Surge in Altcoin ETF Applications Institutions are rushing to apply for Altcoin ETFs, with Bitwise applying for an APT ETF and Canary applying for an AXL ETF. Currently, applications have been submitted for ADA, XRP, SOL, Doge, LTC, DOT, HBAR, APT, and AXL, and TRUMP and BONK may also join. If the U.S. officially reserves Bitcoin, ETF funds may flow into Altcoins, potentially dividing the market structure into strategic reserve-level, ETF-level, and regular Altcoins. ETFs may become a significant positive for listing on platforms like Binance and Upbit in the future. Altcoin Market Dynamics WLFI continues to increase its holdings of ETH, WBTC, and MOVE, driving a 20% surge in MOVE's price. ONDO's founder may join the White House with WLFI's founder, and ONDO's price has also surged by 20%. Robinhood has listed ARB, boosting the L2 track, with INJ, OP, and STX among the stronger performers. The ICP ecosystem is active, with high trading volume in ODINFUN, and ICP may have an opportunity to rise this year as its 4-year unlocking period is about to end, reducing selling pressure. In addition, the AI track is seeing a new hot spot - a Wuhan team has developed Manus, a "national-level" project that can automate computer work and problem-solving, generating high market enthusiasm. As KOL evaluation results are released, the AI track may see a new round of hype. In the current market environment, short-term trading is indeed necessary. If one waits for the spot market to rebound, the time may feel agonizing. Dongchen has also been actively engaged in ultra-short-term and on-chain meme trading, with good results. Dongchen only does things he is confident about, averaging 1-2 trades per day. If he is confident in a target, he will act decisively, but if he is not entirely sure, he will firmly refrain from trading. As he always says, Dongchen is cautious about taking action, but when he does, he is sure to make a profit! Today, DOLL is up 5 times! DD was the biggest hot spot yesterday, with VIP bottom-fishing achieving up to 15 times returns! EAGLE two days ago reached a high of 7 times! The day before that, pwease reached a high of 60 times! A brother said he was a bit miserable in the secondary market and asked me to take him to the primary market to earn some VIP money. As for Dongchen, as long as the brother speaks up, he must arrange it! To thank everyone for their support along the way, Dongchen will share some quality spot and on-chain projects in the future, hoping to bring returns to everyone and help you all achieve your goals as soon as possible! Finally, there are many things that haven't been written down, such as specific opportunities and decision-making. These are often not something that can be summarized in a single article. If you want to learn more about the wealth code or have any doubts, follow the public account: Caijing Dongchen.

Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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