Bitunix analyst: Stablecoin legislation is progressing rapidly, the United States will expand its treasury demand and crypto payment track, BTC hits a record high of $111,000, and we must be wary of the risk of a pullback

On May 22, the U.S. "Stablecoin Innovation and Establishment Act" is progressing rapidly, expected to receive bipartisan support, paving the way for stablecoin regulation and U.S. dollar on-chain dominance, and potentially bringing trillions of dollars in Treasury demand. The policy is expected to accelerate institutional and government funds entering the crypto market, benefiting dollar-anchored stablecoins and DeFi applications.

Bitunix analysts suggest: Bitcoin will maintain a relatively strong short-term trend, potentially reaching $111,000, but caution against pullback risks. They recommend monitoring USDT, USDC, USD1 and other stablecoin dynamics, and strategically positioning in compliance-potential projects like ETH, LDO, ARB, expecting policy and capital resonance to drive mainstream asset revaluation.