Today's BTC trading strategy, I hope it will be helpful to you

219
The Hong Kong Monetary Authority (HKMA) is accelerating the processing of stablecoin license applications, and its impact on the cryptocurrency market will be transmitted to Bitcoin through multiple dimensions, specifically manifested in the following aspects:

1. Compliance Process Drives Market Confidence and Capital Inflow
The implementation of Hong Kong's *Stablecoin Ordinance* (effective August 1) establishes a globally leading regulatory framework for fiat stablecoins, explicitly requiring issuers to have a HK$25 million capital base, 100% highly liquid reserve assets, and strict disclosure mechanisms<sup>13</sup>. This measure will significantly enhance the transparency and credibility of the stablecoin market, attracting compliance institutions such as banks and tech giants (e.g., Ant Group, JD.com) to enter<sup>11,15</sup>. As a bridge between traditional finance and digital assets, the compliance of stablecoins may drive tens of billions of incremental funds into the cryptocurrency market<sup>4,5</sup>. For example, HashKey Group analysts predict that stablecoin compliance will bring a 20%-50% valuation upside for Bitcoin and Ethereum<sup>5</sup>.
2. Expansion of Payment Scenarios and Liquidity Enhancement
The programmable features and cross-border payment advantages of stablecoins (100-fold improvement in time efficiency and over 10-fold cost reduction)<sup>5</sup> will promote their application in supply chain finance, DeFi (decentralized finance), and other fields. For instance, JD.com's stablecoin has entered the second phase of sandbox testing, focusing on cross-border payments and retail scenarios<sup>5,8</sup>. The popularization of stablecoins will increase trading activity in the cryptocurrency market, indirectly enhancing Bitcoin's liquidity. On-chain data shows that stablecoin trading volume accounts for over 60% of total cryptocurrency trading volume, and their liquidity spillover effect may reduce Bitcoin's trading slippage and strengthen price stability<sup>4</sup>.
3. Regulatory Synergy and International Capital Siphon Effect
Hong Kong's regulatory framework complements the U.S. GENIUS Act and the EU's MiCA, consolidating its status as an international financial center<sup>17</sup>. This advantage will attract global Web3 projects and talent, driving the development of innovative businesses such as virtual asset spot ETFs and tokenization of RWA (real-world assets)<sup>2,3</sup>. For example, the HKMA plans to issue operational guidelines for RWA to promote the on-chain circulation of traditional assets like bonds and real estate, with Bitcoin potentially participating as an underlying value carrier<sup>2,11</sup>. Additionally, Hong Kong-listed stablecoin concept stocks have recently strengthened (e.g., LianLian Digital up over 15%)<sup>12</sup>, reflecting the market's positive expectations for policy dividends—a sentiment that may transmit to the Bitcoin market.
4. Structural Support and Risks for Bitcoin
- **Short-term Fluctuations and Long-term Value**: The compliance of stablecoins may intensify the market's differentiated perception of "payment tools" and "value storage" assets. As "digital gold," Bitcoin's inflation-hedging properties may be reactivated in a high-interest-rate environment, while stablecoins primarily serve as transaction (media), forming complementarity rather than competition<sup>6,9</sup>.
- **Technical Perspective**: Bitcoin's current price ($107,097) is at a key level in the bull-bear game. If stablecoin policy (positive factors) are combined with institutional capital inflows, it may trigger short covering, pushing the price to break through the $108,000-$109,000 range.

Today's BTC trading strategy, I hope it will be helpful to you

BTCUSDT BUY@106500~107000
SL:105000
TP:108000~190000

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.