The number of ETF applications is approaching 500, companies continue to steadily accumulate BTC, RWA keeps expanding, and regulation is gradually becoming clearer... These messages all share one common point:

Capital is still building the market, not leaving it!

Short-term price action may swing repeatedly due to macro data and sentiment, but what determines how far a market cycle can go has never been a one-day rise or fall—it’s whether long-term capital is still willing to keep flowing in. ​​​