Today, let's briefly discuss the Genius Act, the two waves of growth have shown everyone the signs of a bull market rebound; why does old Cui not mention the Genius Act? Naturally, he has his own views, the Genius Act has little to do with the cryptocurrency circle, and it is itself paving the way for stablecoins. It can even be said to be a targeted act, with little correlation to this rise. Although the timing of the growth highly coincides with the passage of the act, old Cui does not feel it is a good news. The bottom of Bitcoin was around 62200, and today within just a week, it has reached a high of 75767, an extremely considerable increase. Where is the connection between the two? The essence of the Genius Act is stablecoins, not cryptocurrencies, and the target is very clear: in the short term, it is Tether, and in the long term, it is paving the way for dollar hegemony. The cryptocurrencies with the largest price growth this time are also related to stablecoin linkages, such as Ethereum, SOL, XRP, DOGE, and even Bitcoin.

But relying solely on this news to initiate a bull market is unrealistic; I wonder if you have thought about whether stablecoins themselves conflict with cryptocurrencies? Old Cui believes that both have a common market, that is, they essentially have conflicting interests. What Trump wants to do is nothing more than to replace the dollar with stablecoins, returning the currency pricing power to the president himself, making the positioning of cryptocurrencies extremely awkward. It can be said that the larger the stablecoin market, the smaller the market left for cryptocurrencies, and both are essentially in competition with each other. So where is the way out for these cryptocurrencies? Old Cui's current understanding is that the link itself can act as a bridge between stablecoins and U.S. stocks or other values. For example, what BN is doing, using the BNB channel to connect to the stock market, issuing stock tokens, forming a link that can build a passage between the two. The more buyers there are, the more the value of the passage naturally increases, and with the increase in the value of the passage, the corresponding maintenance costs will also rise, and maintenance costs naturally lead to the appreciation of relevant tokens.

This is a complete revenue linkage; at this stage, various cryptocurrencies are competing in terms of computing speed, processing speed, or stability. Essentially, they are competing for the formation of links, all wanting to fight for future legitimacy. The cryptocurrencies that are currently listed certainly have more obvious advantages, and the ultimate winners in the legalization process will most likely emerge among these coins. This is a bet on the future, simply put, if today the U.S. designates SOL as the designated link for future U.S. stocks, then it would be reasonable for SOL to hit a value of 1K today, while the value of other cryptocurrencies would naturally decline, a case of mutual growth and decline, yin and yang coexist. What old Cui wants to say is simply not to overlook the role of links; links can open up, which will create a market beyond your imagination. At least so far in human history, there has not been a financial market like this, and the prospects are unimaginable.

Once formed, there will be almost no barriers between countries, and funds will directly purchase markets they favor, which will definitely have a strong impact domestically, and this is a major consideration for domestic prohibitions. Old Cui is certainly against it; only those at the top hope to achieve this event, while other countries will oppose it. Many friends may be blinded by certain things; Old Cui has also mentioned countries like Russia and Iran that greatly admire the cryptocurrency circle; but no one wants to see that, externally, they accept Bitcoin, while internally, their strategies are even stricter. Countries, to varying degrees, will have a certain resistance; the results really don't require much discussion; the tide of history cannot be stopped. The integration of the world is just a matter of a timeline. Although the vision is grand, everyone must remember that it cannot be achieved in a short time. What we need to do at this stage is to try to hold onto these cryptocurrencies that have stablecoin channels.

Perhaps some users do not have enough chips in hand and can choose to profit through contracts. Contracts are merely tools for profit; do not think that relying on contracts alone will achieve financial freedom. After accumulating original capital, it is still advisable to return to the spot market. The cryptocurrencies that old Cui previously mentioned can be considered. The Genius Act may not necessarily be good news for the cryptocurrency circle; the current rise, in old Cui's definition, is more of an emotional rebound. From the drop of 120,000 to 60,000 is within reason; the whales led by Huawei have basically been washed out, and what remains is insignificant. Even if the price returns to above 80,000, it should still find its place. However, to return to the bull market range this year, do not harbor any illusions; old Cui can clearly tell you it will not happen. Interest rate cuts must be the foundation; as long as there are no cuts in September, the market will continue to face sell-off phenomena; for the final bull market outbreak, you can pay attention to clear regulations, once passed Bitcoin will inevitably reach new highs. This is the focal point, let this suspense be saved for tomorrow's discussion! At the end of the article, I remind everyone not to chase highs recently; if there is no interest rate cut this year, it will become the biggest bearish news!

Original text by the WeChat account: Chain Science. For help, please contact directly.

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