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Bitcoin Analysis Bitcoin is exhibiting significant volatility today. After dipping to US$62,457, BTC managed to rebound and touch US$65,423. This intraday rebound of over 4.7% indicates that strong buying interest remains whenever the price drops to the support area. Macro Analysis The market remains influenced by the Federal Reserve's decision to maintain interest rates. Although this decision was anticipated, investors are still awaiting clearer signals regarding potential rate cuts in the coming months. On the other hand, sentiment toward risk assets is improving, allowing Bitcoin to regain buying interest after facing downward pressure. Macro Conclusion Neutral to slightly positive. There is no major catalyst currently driving a significant Bitcoin rally, yet selling pressure is beginning to subside. On-Chain Analysis * Whales Holding Firm Transaction activity from large wallets remains active, but there are no signs of massive distribution to exchanges. 🚨DON'T FORGET TO FOLLOW🚨AGUSHENZZZ
Crypto Industry Enters "Natural Selection" Phase; Many Projects at Risk of Collapse! The crypto industry is believed to be entering its largest consolidation phase in history. This means only truly robust projects with substantial user bases are expected to survive, while less developed projects will struggle to compete. According to ARK Invest, investors are now far more selective with their capital. Projects lacking products that meet genuine market needs will find it difficult to secure funding. Only a Handful of Projects Dominate Currently, the majority of the crypto industry's revenue is captured by just a few major projects, such as: 🔹 Hyperliquid 🔹 Pumpfun 🔹 Ethena These three projects alone account for nearly 80% of crypto application revenue, highlighting the market's increasing concentration around major players. Wave of Mergers and Shutdowns Predicted Analysts anticipate an increase in the following over the coming months #DYOR 🚨DON'T FORGET TO FOLLOW🚨AGUSHENZZZ
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