Spain July PPI YoY

August layout: Currently, 3760-80 has stopped falling. Tomorrow the monthly line will be opened, and we have 2 strategies to implement. 1: Continue to hold the short position above 3830, push the stop loss (to avoid missing out if it hits a low in the morning) and look to take profit around 3650. 2: Hold a long-term short position of 1% at 3995 or 4018 for one month. Explanation: If the monthly line opens around 3800, there is a high probability that next month it will first break through the previous high of 3940 to form a double top (possibly at 3995.4018). We will position a long-term short with 1% of our capital (looking bearish for the entire next month). If Ethereum does not retrace, it is what we want to capture. Lastly, we need to guard against a rise starting at 3680, and the stop-loss for the short position is at 4065. All short positions will be completely withdrawn. Personal suggestions are for reference only.

Rapid development of the RWA track: new public chains, competitions, and fund sizes breaking through. Recently, the real-world assets (RWA) sector has shown rapid development. As of March 25, the total on-chain RWA value reached $19.53 billion, with a 30-day growth of 19.58%, achieving a 108% increase compared to the same period last year. Ethereum leads with a total value of $5.01 billion, followed by ZKsync Era and Algorand.

AI bubble, the decline of OG Memes, and Bitcoin's dominance The cryptocurrency market will face significant changes in 2025. AI narratives may become the biggest hotspot, but there are also risks of a bubble. OG Memes coins are gradually losing their appeal, and a return to fundamentals is becoming the mainstream in the market. Bitcoin's dominant position is likely to continue rising, and the L2 ecosystem is expected to become a dark horse. AI bubble - AI may become the biggest narrative of 2025, with the potential to achieve general artificial intelligence (AGI) - A few people in Silicon Valley truly understand the impact of AI, and the world will realize this in the coming years. - The AI bubble is almost inevitable and could become one of the largest bubbles in financial history. - Current AI projects lack a long-term moat, and more valuable new projects may emerge in the future. The Decline of OG Memes - AI is essentially a bigger Meme than WIF, making it easier to tell stories and lead.

The U.S. Election and the Crypto Assets Market: Party Positions and Future Trends Recently, a heated discussion related to Crypto Assets has emerged in the American political arena. At the 2024 Bitcoin Conference, an important political figure made a series of Bitcoin-friendly remarks, attracting widespread attention. He stated that the market value of Bitcoin is expected to surpass that of gold, promised to replace the heads of regulatory agencies that are unfriendly to Crypto Assets upon taking office, and considered using the government's Bitcoin holdings as a strategic reserve, among other things. These remarks sparked a lively response at the event. As important issues such as ETFs, regulation, monetary policy, and the elections focus on the United States, the country has become a dominant force in the crypto market, nearly holding the "pricing power" of crypto assets like Bitcoin. The upcoming U.S. elections will have a profound impact on the crypto market, and therefore the crypto community has been closely monitoring related developments. For this politician's frequent gestures towards Crypto Assets, some believe it is a positive signal, while others think...

Exploring the Bitcoin Newcomer: Fractal Ecological Revolution or Trend Follower? Recently, with Fractal sparking heated discussions in the community, the Bitcoin ecosystem has once again become the focus of the market. A large number of users are participating in Fractal-related assets and gameplay, leading to high on-chain gas fees. The reasons for Fractal's ability to generate such enthusiasm are mainly the following: First of all, the current overall market is sluggish and lacks fresh narratives. Secondly, based on a certain wallet's previous generous airdrop practices, many users highly regard the launch of Fractal, leading to extreme competition during the testnet phase, with an estimated tens of millions of addresses participating in the corresponding testnet tasks to compete for airdrop rewards. Finally, like the high return effects brought by certain asset protocols, as the profit effect continues to ferment, the popularity of Fractal also continues to rise. In addition, the hunger marketing by the relevant parties has added fuel to the fire. The circulating supply of FB originally meant for airdrop was very small, but