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👀 A whale opened a long position on ASTER with 4x leverage worth $4.3 million, plus locked up another $2.42 million worth of tokens for 4 years.

An interesting move—worth keeping an eye on. Especially since Aster plans to add a HIP-3-like feature on Hyperliquid for stock trading, and that’s where most of the trading volume is currently concentrated.

Plus, Binance itself has been actively building up TradeFi in recent weeks. It’ll be interesting to see if the ASTER token makes a move against this backdrop or not.
What if everything turns out the same this time?
A major player on HL continues to increase their BTC short positions.

One of the largest short positions on HL has already increased to $125 million (up $1.7 million) with a liquidation price of $63,528.
👍 Soon, even millionaires won’t be able to afford 1 BTC

No market review today—the situation remains the same as yesterday. So, let’s do a little math.

As of today, 20.07 million BTC have been mined—95.6% of the total supply. Only 4.4% remains, which will be mined by the year 2140.

But the actual amount of BTC in circulation is even smaller:

16.7% of coins are considered lost forever, and 5.2% are in Satoshi’s wallets—meaning ~22% of the supply can effectively be ruled out. In reality, about 75% of all BTC is actually available.

And the available supply will continue to decline: look at how much BTC large companies and funds are snapping up, and another portion will be lost or burned.

And finally, the most interesting part—a comparison with M2 (global money supply), which is constantly growing: the economy and inflation are structured in such a way that there is always more money in the world.

The rest is simple: BTC issuance is limited, the money supply is growing → part of it flows into BTC → the price rises. No cycles, bull markets, or other factors. Just math.

And one day, there will come a time when even $1 million won’t be enough to buy 1 BTC. To some, this sounds like a fairy tale, but when BTC was worth $100, a price of $100k also seemed like a fairy tale.
Franklin Crypto's head says the industry will be "just fine" even if the CLARITY Act never passes.

Chris Perkins says the SEC and CFTC are already creating "policy and precedent every single day."
Cboe filed to list 3x leveraged ETFs for Bitcoin, Ether, gold, silver, crude oil and natural gas.
❗️ Trump is threatening to bomb Oman if it stands in the way of U.S. objectives in Iran and the Strait of Hormuz.
💴 According to CryptoQuant, altcoin trading volume has reached a two-year high.

In recent days, the market capitalization of altcoins, excluding ETH, has increased by approximately $135 billion.

Liquidity is actively shifting from BTC and ETH to riskier assets.

Historically, this shift in capital has served as an important indicator that alt season is approaching.
Historically, every bear market has ended with a crossover of the Realized Price for long-term (LTH) and short-term (STH) holders.

The only exception was the COVID-dump. So far, such a crossover has not yet occurred.

And if it doesn’t happen, we will see, for the first time, a transition from a bear cycle to a bull cycle without a crossover of the LTH and STH Realized Prices.
CryptoQuant: Bitcoin's bull-score indicator jumped from 30 to 80 in a week, signaling the start of a new bull market phase.

Waiting on it... 🔥
SHORT #HYPE/USDT

⭐️Leverage: Cross 10X50

✔️Entry: 82.745

🆓TP: 81.500 - 80.000 -
78.000 - 75.000

SL: 92.000
Stop looking at macro through the lens of “rate cut = BTC up.”

Lower rates can be bullish for $BTC, but the rate itself is not the main variable.

The usual logic is simple:

Rates ↓ → money gets cheaper → financial conditions ease → liquidity rises → capital moves into risk assets → BTC rises.
The problem is that it doesn't always work this way.

The Fed may cut rates because the economy is weakening. At the same time, QT can continue, banks can tighten lending, M2 can stagnate, and investors can reduce risk exposure.

In that scenario: rates ↓ + liquidity ↓ → BTC falls.

And the opposite is also possible. BTC can rally with high inflation and high rates if liquidity in the financial system is expanding.
Previous cycles show this clearly. The biggest BTC bull moves generally came alongside major injections of liquidity through QE, fiscal stimulus, M2 expansion, and credit growth.

The current market is another good example. BTC's move this week wasn't just about rate expectations. Markets have also been pricing in Treasury buybacks, a weaker DXY, the CLARITY Act, and stronger demand for hard assets amid inflation and massive government debt.

So instead of watching one number, watch the whole system: M2, DXY, yields, QT/QE, the Fed balance sheet, government spending, deficits, credit conditions, and the broader news environment.

The interest rate is just one part of the picture — not a simple “BTC up” or “BTC down” button.
The arbitrage is coming to an end, so I want to share some feedback and results from people who participated today.

Sometimes other people’s experience says more than another long explanation.

Take a look at the screenshots below and draw your own conclusions.
Trade: #AVNT/USDT

Direction: 📈 LONG

🟢 Entry Range: 0.1051 - 0.1030

StopLoss: 0.1000

• Target 1: 0.1061
• Target 2: 0.1071
• Target 3: 0.1082
• Target 4: 0.1092
• Target 5: 0.1103
• Target 6: 0.1114

💠 Leverage : 5x - 10x - 20x
$135,000,000,000 added to the crypto market cap in the past 24 hours.
$HYPE LONG SETUP 🚀
Elon Musk confirms that you'll be able to plug you Play Station or Xbox into your Tesla.
↗️ Bitcoin ETFs attracted nearly $1 billion in one week.