Trump takes action at the Federal Reserve, clearly he has realized that the current voting makes interest rate cuts as difficult as constipation. He wants to directly replace board members to accelerate the rate cut process. The correlation between the US stock market and Bitcoin is high, so the market sentiment is cautious, and institutions dare not take risks. BTC fluctuates between 110-112k, and major funds like BlackRock have temporarily postponed entry, making the overall market sentiment cautious. In contrast, the price trend of Ethereum is independent, with weaker correlation to macro factors, and funding is more driven by risk investment thinking. ETH ETF and government bonds are continuously being bought, with capital flows reaching historical highs, and ETH breaking 5k is almost a certainty, with year-end prices between 7.5k-12k favored by institutions. Trump is making comprehensive moves in the crypto space: $cro suddenly surged 50% because his listed company established a treasury to acquire $cro and stake it. The Bitcoin strategic reserve cannot even be compared to this, and he and family-related institutions are also supplementing Polymarket, so in the future, Trump's related projects may perform well. In the altcoin space, $xpl specifically targets short positions on Hype, with a single-day profit high of 16 million dollars🔪, and shorts were liquidated up to 2.5 million, showing huge leverage risks. Hype's flaws: poor liquidity, prices based solely on internal orders, no external oracle, making it difficult for attackers to escape regulation, but the overall impact on coin prices is minimal. Crypto traders remind: even with 2x leverage hedging, liquidation can happen anytime, and risks cannot be completely avoided. #币安HODLer空投DOLO