29 Sept 2025
The current cryptocurrency market presents a challenging environment, marked by significant volatility and underperformance despite strong underlying fundamentals. However, crucial legislative developments at both state and federal levels, coupled with impending monetary policy shifts, signal a potential monumental rally ahead.
The cryptocurrency market is experiencing a difficult and painful period, with many assets like Crypto Total 2 showing 'ridiculous' technicals and Trumpcoin acting like a 'shitcoin,' while gold is performing 'fantastically' and Bitcoin maintains relative stability. The S&P 500 is approaching a critical resistance level, which could induce short-term downward volatility.
Twenty-two US states have already proposed bills related to Bitcoin and other digital assets, including the establishment of state-level Bitcoin strategic reserves, affecting nearly half of the United States.
A federal committee is forming to evaluate the future of digital assets in the United States, with its initial focus on the Strategic Bitcoin Reserve and discussions around a stablecoin bill, indicating a positive but non-concrete step.
Institutions are increasingly embracing cryptocurrencies, with the SEC, Senate, House, and President all demonstrating pro-crypto stances, signifying the conclusion of 'Choke Point 2.0' and a supportive regulatory environment.
Donald Trump announced the creation of a Sovereign Wealth Fund, which is set to include Bitcoin as a component, highlighting its emerging role in national financial strategies.
The Federal Reserve's repo facility is plummeting, which signals that aggressive quantitative easing and money printing will commence once it drains to zero, a development expected to cause Bitcoin and other cryptocurrencies to 'explode.'
Current price action deviates significantly from expectations and historical cycles, suggesting potential price suppression and a strategic transfer of tokens from retail to institutional ownership, though definitive proof remains elusive.
The market is currently driven entirely by news, awaiting specific catalysts such as announcements from Donald Trump, the reintroduction of staking into an Ethereum Spot ETF, or confirmation of the Strategic Bitcoin Reserve and the list of included tokens.
Investors are advised to hold their positions, manage risk appropriately, and avoid selling existing assets or borrowing money to acquire crypto. The ultimate 'buy button' for a significant market move is controlled by those who generate key news, primarily the US government and Donald Trump.
A position on LDO was reduced without loss and later considered for rebuilding, given its potential for a 10x pump if staking is reintroduced to an Ethereum ETF due to its leading Total Value Locked (TVL). A small loss was incurred on an SPX trade due to its influencer-driven nature.
Bybit is promoted for active traders, offering up to a 42% discount on trading fees and initial deposit bonuses of up to $30,000 through a community link, emphasizing its reliability and upcoming integration with EVEX.
The price now is fully news driven.
| Aspect | Detail |
|---|---|
| State-Level Legislation | 22 US states have proposed bills for Bitcoin/digital assets, including state-level Bitcoin strategic reserves. |
| Federal Government Initiatives | A federal committee is evaluating digital asset future, prioritizing a Strategic Bitcoin Reserve and stablecoin bill. |
| Institutional & Political Stance | SEC, Senate, House, and President are pro-crypto; 'Choke Point 2.0' is concluded. |
| Economic Catalyst | Plummeting Federal Reserve repo facility signals aggressive quantitative easing and an expected crypto price explosion. |
| Sovereign Wealth Fund | Donald Trump announced a Sovereign Wealth Fund that will incorporate Bitcoin. |
| Market Driver | The market is currently news-driven, awaiting major announcements to trigger a significant rally and altcoin season. |
