The three-year Russia-Ukraine conflict has ended, and now the Russia-Ukraine conflict has been renamed "Ukraine Conflict" by the American media. The negotiations between the U.S. and Russia are going very smoothly, and both sides have even reached an agreement regarding the "Ukraine Conflict." They have directly sidelined Ukraine and the European Union, leaving Ukraine with no opportunity to join the table. It is evident that in the competition between major powers, those small countries that are not neutral will ultimately become cannon fodder, especially those so-called "allies" following behind the Americans. The current world situation is such that as long as you are strong, you can ignore anyone; the Americans have clearly displayed their hegemony. The NATO member countries are now bewildered, feeling that their efforts are unappreciated.
After the news was confirmed, the market responded. According to on-chain data, on February 19, Tether issued an additional $1 billion in stablecoins,
followed by approximately $1 billion flowing into Coinbase.
Three hours ago, another $800 million in stablecoins flowed into Binance, and this morning, about $690 million in stablecoins flowed into Coinbase. In just one day, a total of approximately $2.5 billion in stablecoins flowed into exchanges. This has sent a very clear signal to the market: there is plenty of ammunition, and a surge is imminent. All it needs is a trigger point to usher in the upcoming peak bull market.
This morning, Trump stated at the Miami Future Investment Initiative conference: "Bitcoin has set multiple historical highs because everyone knows I am committed to making America the cryptocurrency capital." He also added that he hopes to be at the forefront of everything, including cryptocurrency. It is clear that large funds will continue to enter the cryptocurrency market, and as a market barometer, Bitcoin will soon experience a phase of upward momentum, which will prevent other coins in the market from being hesitant due to Bitcoin's uncertain trends. Large funds will also be bolder in entering the market. This lays a solid foundation for the upcoming peak bull market.
Recently, CZ and Vitalik have also been frequently vocal on social media. As the CEO of the world's largest exchange, the development of BNB China is not only related to Binance's prospects but also to the market's direction. After all, as the currently highest market cap platform coin, every move of BNB can influence the flow of significant funds. As the ancestor of altcoins, ETH has not performed well in this bull market so far, which has left most altcoins in the market underwhelming. Therefore, in the second half of the bull market, it depends on whether these two coins can gain momentum and surpass BTC. This will attract more funds into the market, allowing the cryptocurrency market to reach a state of revival.
At this stage, most people have not made money in this bull market because their positions are mostly in altcoins. Everyone must seize the upcoming market trends. If there are still people with empty positions unsure of what to buy, aside from BTC, BNB must be your best choice. The altcoin season will definitely come; if there is no altcoin season in the crypto space, then is it still the crypto space?
That's all for today. Thank you all for your long-term support of the old dog~
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