Big news from the U.S. regulatory front. Acting Chairman Pham just dropped an announcement that the CFTC is rolling out a digital-assets pilot program. The kicker? BTC and ETH can now be used as collateral in derivatives markets. This is a notable shift. Traditionally, these markets have been pretty strict about what qualifies as acceptable collateral. Now crypto assets are getting a seat at the table—at least on a trial basis. What does this mean? For traders and institutions, it opens up new flexibility in managing positions and margin requirements. For the broader market, it's another signal that major regulators are starting to integrate crypto into traditional financial infrastructure rather than keeping it at arm's length. The pilot status suggests they're testing the waters carefully. Smart move. But the direction is clear: digital assets are increasingly being treated as legitimate financial instruments in regulated environments. Keep an eye on how this unfolds. If the pilot shows positive results, we could see expanded programs—and potentially more assets added to the approved list.

Spotted something interesting in ETH's order book depth - the sell side is stacking up noticeably thicker than buy orders right now. What's weird? Price isn't cracking yet. It's just... hovering. Meanwhile the underlying structure keeps getting weaker. This kind of divergence typically plays out one of two ways: either we get a lazy drift downward as sellers chip away at support, or somebody triggers a violent squeeze that catches all those resting shorts offside. Either way, the current equilibrium won't last.

After taking profit on the BTC long position last night, I entered another long at a lower level. Still bullish. #美联储降息预测 #SUIETF正式上线 #比特币活跃度走高