In the midst of strategizing, we decide victory from thousands of miles away. Hello everyone, I am Lin Chao, a global financial market observer, focusing on cryptocurrency market analysis, bringing you the most in-depth trading information analysis and technical teaching.

The U.S. House of Representatives has officially passed the "GENIUS Act" and the "CLARITY Act." This means that stablecoins are no longer experimental tools in a gray area, but have been written into U.S. law, possessing national endorsement as "official currency instruments."

Less than 24 hours after the bill's passage, JPMorgan has already announced a pilot program for deposit tokens on the Base chain supported by Coinbase. Bank of America publicly stated: "As long as regulations are clear, banks are ready to accept cryptocurrency payments." Standard Chartered Bank has even directly entered the spot trading battlefield, announcing that it will provide spot trading services for Bitcoin and Ethereum to institutional clients, with optional settlement custody, and future business lines will fully align with cryptocurrency trading platforms. Citibank is betting on stablecoins to reconstruct the cross-border payment system, aiming to create an all-weather, programmable payment track that allows corporate clients to transfer funds globally at low cost and high efficiency. The boundaries between traditional finance and the crypto world are rapidly dissolving under the sunlight of regulation. Whoever obtains a license and connects to the Federal Reserve's clearing system first will become the rule-maker that rewrites the financial landscape.

What surprised Lin Chao even more is that even the most conservative retirement fortress—the U.S. 401k market, which is as large as $8.9 trillion, is beginning to loosen up. The executive order that Trump is about to sign will instruct regulatory agencies to investigate the barriers to including alternative assets in 401k plans. The total scale of the U.S. retirement market is as high as $8.9 trillion. Previously, due to regulatory warnings and technical limitations, cryptocurrency investment was in a state of "theoretically feasible, practically restricted." The executive order that Trump is about to sign may open the floodgates for this massive amount of capital.

According to Lin Chao's conservative estimates, if 10% of 401k funds flow into the crypto market, it will bring an incremental capital of $870 billion. What does this number mean? It is equivalent to 22.2% of the current total market capitalization of the entire crypto market, 36.7% of Bitcoin's market capitalization, and 70 times the total assets of existing cryptocurrency ETFs. The entry of funds of this magnitude will reshape the market ecology: Bitcoin's dominant position may rise to over 70%, institutional-level custody and compliance demands will explode, and market volatility will increase in the short term but significantly decrease in the long term.

Lin Chao's Summary

Even if the current market lacks the support of the above news, market sentiment seems to have already been ignited, with the greed index exceeding 70%. As a long-term trader, Lin Chao has sensed danger and has begun to arrange for profit-taking. Recently, many fans have sent private messages, and the questions can be summarized as whether the rise will continue, how long it will last, and whether to increase positions or take profits.

In Lin Chao's view, this round of rising prices was driven by the market first, followed by the news. Why does this happen? It's simple: because of institutional push. Lin Chao has previously mentioned that institutional funds are concentrated in ETFs, more specifically, in Bitcoin and Ethereum. The rise of Ethereum has led small institutions to enter the market, igniting market sentiment, and retail investors are following suit. The current situation is that those who have not entered are hesitant, while those already in are reluctant to exit.

Lin Chao first discusses how users already in the market should operate. Bitcoin is likely to have another period of increase, but how much it can rise and whether a waterfall effect will occur during a pullback is uncertain. We won't guess. If your holding cost is low enough, there is no doubt that you should take partial profits now and reduce your holdings according to profit ratios. Most altcoins will be in a distribution phase during this last rise of Bitcoin. A common script is that Bitcoin acts as a cover while altcoin funds withdraw first; from June 22 to now, it has been nearly a month, and this month can be said to have been led by ETH, with altcoins guiding sentiment, all standing up; what has exploded has exploded, and coins that have not exploded, I personally will not bet on a rebound; everyone should remember that money cannot be earned endlessly, but it can be lost completely; securing profits is the real gain, while not securing profits is called unrealized gains, which can turn into unrealized losses, ultimately leading to real losses. Currently, we are at the end of a rapid rise, commonly referred to as the "tail end," which is delicious and fragrant, but the money at the tail end is not easy to earn.

Clients waiting to enter the market should not rush into FOMO; the market will pull back. Even if a bull market has started, it won't shoot straight up. As for when to enter, we need to wait for clearer market signals. Simply put, a sideways market + pullback, without a pullback, is not a true bull market. If the pullback is in line with our plan, then those who have not entered will still have opportunities. The news is released by the Americans, and it is unlikely to end the market immediately. Lin Chao has previously mentioned why the Americans would push the crypto market (see the previous article "Is the Crypto Market Driven by Americans? No, It's Global"), which is why Lin Chao emphasizes that this round of rise is driven by price increases first, followed by supplementary news. Once the trend completes a sideways movement + pullback, what follows will be a larger upward fluctuation. Therefore, whether you are uncertain about entry and exit points, unsure about how to take profits, or have questions about when to enter later, you can privately message Lin Chao for reference in making choices at critical moments. There may be delays in posting, and the current market is fluctuating rapidly, so please refer to this information cautiously.

When JPMorgan redefines banking, and $8.9 trillion in retirement funds seeks new outlets, Federal Reserve Chairman Powell once warned about the "speculative nature" of cryptocurrencies, but now the Federal Reserve itself has become a key variable in this transformation—whoever can gain access to its clearing system will grasp the lifeblood of the new financial era. Crypto assets no longer need to "disrupt" traditional finance; they are becoming traditional finance itself.

The success of investment depends not only on choosing good targets but also on when to buy and sell. Preserving capital and making good asset allocations are essential for steady progress in the ocean of investment. Life in the world is like a long river flowing into the sea; what determines victory or defeat is never the gains and losses of a single pass or the profits and losses of a moment, but rather planning before action and knowing when to stop to gain.

The global market is ever-changing, the world is a whole, follow Lin Chao to gain a top-tier global financial perspective

For real-time consultation, feel free to follow the public account: Lin Chao on Cryptocurrency.

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