#打榜优质内容# Today's Key Follow-ups (5 Points)

1. The U.S. Treasury bets on the new role of stablecoins: Treasury Secretary Bessent is in close contact with stablecoin issuers like Tether and Circle, hoping to use them as buyers of short-term U.S. Treasury bonds, linking the treasury market with crypto.
2. China may issue a Renminbi stablecoin: The Chinese side is considering issuing a stablecoin pegged to the Renminbi to promote the internationalization of the Renminbi, which may adjust the global stablecoin landscape.
3. Altcoins show divergent performance: Emerging projects represented by Remittix continue to lead the rally, with bulls focusing on high-potential new chains; traditional large market caps like ETH and LTC are under significant pressure.
4. Basel's new regulations call for a delay in implementation: Global financial industry organizations have proposed to postpone the Basel regulatory enforcement on banks' exposure to cryptocurrency assets, providing a policy buffer for capital inflow.
5. The Federal Reserve's decision is approaching, and the market is extremely sensitive: the significant fluctuations stemming from speculative sentiment have subsided, and the investor structure may be shifting from "leverage-driven" to "policy and capital accumulation."

Market Structure Analysis
Short-term: BTC short-term has entered a low-volume sideways movement, and if the support level touches the $114k area and holds steady, it will form a grid oscillation bottom.
Mid-term: Stable funding channels (such as buying T-bills with stablecoins) are gradually becoming apparent. If this continues, it will provide a solid foundation for structural growth.
Long-term: High-potential projects like Remittix may become a secondary funding entry point "outside the main account" if they explode and regulatory windows converge.