Is this the bull market for law firms in the crypto space? In the first half of 2025, the number of lawsuits in the U.S. crypto sector nearly caught up with the total for last year, with various projects either being sued or lining up to be sued: 1. Coinbase was sued for not promptly disclosing data leaks, causing shareholders to suffer significant losses; 2. MicroStrategy faced backlash for misleading BTC investment logic, with a $5.9 billion unrealized loss leading to a lawsuit; 3. Even meme coin platforms are caught up in IP and unregistered securities disputes; 4. Metaplex's attempt to transfer $7.3 million in SOL to a DAO was directly questioned by lawyers regarding its ethics and legality. I feel this is a signal of users awakening to their rights. In the past, those who were rug-pulled accepted their fate; now it's different: as long as there's a bit of ambiguity, users, shareholders, and even competitors might send you a lawyer's letter. Sometimes I really wonder, in the next bull market, the biggest winners might be law firms. The crypto space is heating up again, and even the courts can feel it 😂.

Bitcoin has fallen below $115,000, and this wave of selling pressure of about 80,000 BTC has become the market's "delayed feedback"? It suddenly reminds me of an old saying: all things arise from existence, and existence arises from non-existence. The price hasn't collapsed in the short term; in fact, the flow of funds is invisibly accumulating strength, just as Taoism speaks of "wu wei" (non-action) while achieving everything. The market is quietly adjusting its rhythm, subtly releasing risks. From multiple perspectives: ● Institutional funds are moving significantly but slowly, like a big tree shedding leaves gradually; breaking through key support is not a crash but a gradual release; ● The signal of the price falling below $115,000 is a true reflection of on-chain selling pressure; short-term fluctuations are superficial, while the flow of funds is fundamental; ● Investors should not rush to chase highs or cut losses; they should follow the market's rhythm, adapt flexibly, and move forward steadily. This is the natural way of the crypto world: no forcing, no impatience, patiently waiting for the moment when the winds rise and the waves surge. This wave of delayed selling reminds me that investing is like cultivation; understanding non-action and following the trend is a must for experts.

I've been paying attention to the actions of recently, and today I saw that they completed their third round of support procurement. Honestly, it struck a chord with me. This time they bought: $年年, $CaptainBNB, $U, $大猩猩 These are a few that I usually follow; the community is active, the topics are intense, and the cultural characteristics are very clear. To be honest, Four's precision in this move is a bit outrageous, directly targeting the projects on BSC with the most meme potential. They aren't shouting slogans or creating hype; what they're doing is substantial: Continuously buying coins with real money and using their treasury to support the formation of cultural consensus. Moreover, the entire procurement process is fully transparent on-chain, with wallet addresses public and transaction records available for review at any time. This is the most "down-to-earth" meme project operation method I've seen in recent years. Isn't this the starting point of community trust? In summary: This isn't just buying coins; it's betting on culture. It's turning memes from just an image into a value anchor. This might not be the fastest way to take off, but it is definitely the most sustainable one. I think this line of thinking is very valuable and worth more project teams taking a serious look at.

I've been paying attention to the actions of recently, and today I saw that they completed their third round of support procurement. Honestly, it struck a chord with me. This time they bought: $年年, $CaptainBNB, $U, $大猩猩 These are a few that I usually follow; the community is active, the topics are intense, and the cultural characteristics are very clear. To be honest, Four's precision in this move is a bit outrageous, directly targeting the projects on BSC with the most meme potential. They aren't shouting slogans or creating hype; what they're doing is substantial: Continuously buying coins with real money and using their treasury to support the formation of cultural consensus. Moreover, the entire procurement process is fully transparent on-chain, with wallet addresses public and transaction records available for review at any time. This is the most "down-to-earth" meme project operation method I've seen in recent years. Isn't this the starting point of community trust? In summary: This isn't just buying coins; it's betting on culture. It's turning memes from just an image into a value anchor. This might not be the fastest way to take off, but it is definitely the most sustainable one. I think this line of thinking is very valuable and worth more project teams taking a serious look at.

I came across a very interesting topic: If you have 3 million U, how would you manage your finances in the crypto space? Honestly, I've thought about this question many times myself. It's not about fantasizing about getting rich, but rather how to navigate through cycles, protect the principal, and seize opportunities. Let me briefly share how I would allocate it now 👇 ➤ First part: Liquidity cash pool (20%, about 600,000) I would definitely keep a portion on hand; no matter how the market moves, having U gives you the initiative. For example, with the recent market adjustments, if I hadn't kept liquidity, I would hesitate for a long time even to add positions. I would choose stablecoins like $USDC / $FDUSD, keeping them in a wallet or CEX, with some consideration for low-risk DeFi yields. ➤ Second part: Core positions (60%, about 1.8 million) Core assets are still the most stable foundation; I would divide this part into several portions: $BTC (25%): The anchor of the entire market, it must be included, as it has strong risk resistance. $ETH (15%): Although it rises slowly, with ETH ETF + L2 ecosystem, the slow bull potential is still there. $BNB (10%): Recently, this coin has been quite interesting; it's not just a platform coin anymore, more and more DAOs are treating it as "treasury assets," giving it a flavor of foundational fiscal assets. $SOL (10%): Meme, NFT, and DePIN hotspots are all on it, and the heat and activity have not stopped. ➤ Third part: Narrative direction + potential coins (15%, about 450,000) I would allocate a portion to invest in small to mid-cap directions, but the focus should be on having a new narrative, strong mechanisms, and good chip structure. For example, recently I would pay attention to: DePIN: $IO, $AKT RWA: $ONDO, $TOKEN ➤ Last part: Speculative positions (5%, about 150,000) I would keep a small position to play with on-chain hot coins, new projects, and experimental coins, not to gamble, but to learn, experiment, and maintain market sensitivity. ➤ Final thoughts The biggest lesson I learned this round is: Don't turn yourself into a victim of the market; be a designer of position structures. The market is uncertain now, but this is precisely the time to think about structural optimization.

Now I feel enlightened. That year, the abbot said he wanted to find someone with a predestined connection, but I misheard it as looking for someone with fate, so I earnestly made wishes in the temple, thinking my dreams would be illuminated by the Buddha's light. Little did I expect, he embraced her, reciting scriptures, turning faith into a transaction, transforming the pure land into a marketplace chessboard.

Recently, I've been increasingly aware of one thing: The stock market and the crypto world are slowly growing into one. In the past, we said that traditional finance and the crypto world were disconnected, but what about now? Stock apps are starting to support buying cryptocurrencies, and people from the crypto world are trading U.S. stocks; The secondary market is also starting to pay attention to fundamentals, no longer relying solely on hype and memes; Even more absurdly, the crypto world is now discussing narratives and market capitalization, becoming more and more like U.S. stocks; Even the trading cycles and FOMO rhythms are becoming increasingly synchronized. This change makes me quite emotional. In the past, the crypto world felt like a group of rebellious youths, creating their own ecosystem, talking about revolution, and striving for high returns. Now, it seems more like they've entered society and are starting to live their lives. Previously, making ten times your investment relied on hot topics, but now if you really want to understand whether a project is worth it, you have to focus on the product, look at the data, and read personnel change reports—it's no different from analyzing a growth stock. I suddenly understand that saying: The future is not about the crypto world replacing Wall Street, but rather crypto integrating into the very fabric of global capital.

I just came across a very interesting viewpoint from Bitwise's CIO Matt Hougan. He said: The traditional four-year cycle of Bitcoin may have already failed, and the next real big market movement might not happen until 2026. At first glance, this seems counterintuitive, but his reasoning is quite persuasive. I’ve summarized it below 👇 ➤ First, the structural funds for ETFs have not fully entered the market yet. What you see now as hot money in ETFs is actually just the advance team — The real big funds (like pensions, sovereign funds, and large institutions) are still waiting for compliance green lights and entry conditions. The rhythm of these funds will not follow any halving cycle; they buy in for long-term holding and annual rebalancing, gradually accumulating and pushing the price up slowly. ➤ Second, the behavior patterns of on-chain data have also changed. In the past month, the on-chain activity of BTC, the inflow to exchanges, and spot trading volume have all been continuously declining, yet the price hasn’t dropped; instead, it remains stable. This is quite unusual, indicating that a large number of holders in the market are locking up their coins and not moving them, most likely because ETFs and long-term funds have bought in and don’t want to move. This pattern is completely different from the previous market driven purely by retail investors, with sharp peaks and troughs. ➤ Third, from a macro perspective, the rhythm of the bull market has changed. The current market resembles structural inflation of financial assets — U.S. stocks, gold, and BTC are taking turns hitting new highs, while the dollar hasn’t collapsed significantly. This is due to the global asset shortage and the expansion of central bank balance sheets, which is not something that can be resolved in a year or two. In other words, the pricing logic of assets in the coming years will lean towards slow bull markets and scarcity. ➤ Finally, my own view is: Relying on the Bitcoin halving → a surge within 18 months to predict the market may become increasingly difficult. Because BTC has already transformed from a "speculative asset" to a "structural allocation asset." Its trend resembles that of gold or U.S. Treasuries — it rises, but slowly, steadily, and quietly. Therefore, the real big market movement may not be a short-term peak in this round, but rather a structural re-rating in 2026 or 2027 when sovereign funds start to enter.