Tonight, the long-awaited $wlfi spot market finally opened .
The market has been sucked dry by it in advance in the past few days. The pre-market Heyue transactions alone have drained the funds of the entire currency market. This level of heat can be ranked among the highest in history.
My personal prediction: $wlfi is likely to break all records in terms of market capitalization, trading volume, and number of participants upon opening. This is because it's no longer just a hot topic in the crypto; even the financial news I frequently read lists it alongside CPI and non-farm payrolls, giving it full stars.
More importantly, with the US stock market closed tonight, investors looking to buy Wlfi have no alternative but to head directly to the crypto(CEX). This means this wave of liquidity will be a bonanza, bringing not only a surge in liquidity but also a potential influx of new capital . The next two weeks will be a crucial window for a true altcoin season.
Today, the broader market continued its volatile downward trend. Bitcoin's recent weakness is largely due to the selling of a certain whale. Over the past 11 days, he sold 34,000 BTC for 814,000 ETH , making him the second-largest ETH treasury on the blockchain, approaching the position of BMNR.
He currently has 46,000 BTC in his wallet. If he were to dump all of them, his ETH holdings would reach the top.
- The number of tokens unstaked and withdrawn dropped to 966,000 , while the number of tokens joining the queue increased to 773,000 , with turnover significantly accelerating.
- ETH/BTC remains above 0.04 ;
- At the current pace, BMNR may increase its holdings to 2.1 million this week.
This means: once the queue of joining > exiting, ETH is likely to resume its upward trend.
The price of SOL 200 can continue to hold, and the market has not gone bad. At present, Wednesday seems to be the turning point. We need to find a more cost-effective position in September to build positions in altcoins and alpha.
The market continues to fall, but I think this decline is normal.
Because the market currently has two things to digest: one is WLFI and the other is XPL . One has a market value of 30 billion and the other has a market value of 8 billion. The market has so much money, and it is normal that there are copycats coming in to suck blood.
Market Sharing + V: Mixm5688 How will the next copycat choose its track and pick the leader!
In the current market, OTC funds only recognize a few sectors:
- Stablecoins, RWA, AI, DeFi, public chains, and oracle machines
- Platform coin, wlfi ecosystem, ETF ecosystem
- Crypto Treasury & Infrastructure with Real Users
So the choice is simple: eliminate all altcoins that aren't in these markets . Forget the "get rich quick" dream. The cryptocurrency market has long been a battlefield for professionals, and only the leaders can access significant capital. Remember: buy the biggest and hold the strongest .
The wlfi concept is taking off! Short-term popularity revolves around the Trump family and wlfi:
- Strong association: $DOLO, $B, $TRUMP
- Partner chains: $BONK (official announcement), $AOL (founder advisor)
- Related sectors: $LINK, $ENA, $ONDO, $PLUME, $RAY, $KMNO, $LISTA, $KERNEL, $STO, $DORA…
Essentially, Wlfi will attract a large amount of off-market capital, which will ultimately revolve around the Wlfi ecosystem. By focusing on these key areas, you can basically keep up with this trend.
Incidentally, Lombard's primary market offering this afternoon was already oversubscribed , with a FDV of 450 million. Backed by a key BN support project, it's likely to be listed on the spot market. The logic behind this round is simple: the higher the market cap, the more worthy the investment .
The secondary market has been struggling lately, while the primary market has been enjoying success! WLFI and interest rate cuts are the biggest stories of the year in the cryptocurrency market. Whether or not the cryptocurrency market can break free from the altcoin season depends on the next two weeks.
That's all for now! If you're still unsure about your direction in the crypto, why not join me? Join the VX + Q group for free and get first-hand market analysis, altcoin opportunities, and individual coin trading opportunities. Join us now! Otherwise, you might be on the other side of the market again in the next wave.
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