After the recent market pullback, I am instead not in a hurry to guess the bottom. A price decline does not necessarily mean an opportunity has immediately emerged. What is really worth watching is whether BTC and ETH can first form relatively stable structures, and whether funds continue to provide support after the pullback. My approach is still to look at major coins first. If BTC and ETH can gradually stabilize, I will then consider altcoins with greater upside potential. If the broader market is still experiencing sharp volatility, there is no need to fully load up on positions just to catch a small rebound. For me, missing out on the earliest part of the gains is not regrettable. Waiting until the logic becomes clearer before participating actually makes it easier to control risk. $BTC ‌ $ETH ‌ #每周来晒 #市场回调如何布局 #新星启航

AAVE’s Big Showdown! DeFi is facing a major regulatory test. On October 2, Aave founder Stani Kulechov expressed disappointment with the European Central Bank and European Banking Authority’s recommendations regarding MiCA. The key points of contention: Regulators want to restrict certain stablecoin yield services and are discussing ways to manage the scope of user access to DeFi through suitability tests, certification systems, and other measures. Stani believes this could reduce DeFi’s openness and affect liquidity and the pace of innovation. At its core, this is a clash between two financial models: Traditional finance: Regulation comes first to control risk. DeFi: Transparent code, with users making their own choices. In the short term, tighter regulation could increase compliance pressure on DeFi protocols; but in the long term, clear rules could also bring more institutional capital into on-chain finance. The real challenge facing DeFi protocols such as AAVE, Maker, and Compound is not just regulation, but how to strike a balance between compliance, security, and openness. Stablecoins, DeFi, and RWAs are becoming important directions for the next phase of financial infrastructure. The winners in the future will not simply be the “most open” protocols, but those that can meet security, efficiency, and compliance requirements simultaneously. ethereum:0x7fc66500c84a76ad7e9c93437bfc5ac33e2ddae9

I came across someone calculating whether RWA or U.S. Treasury yields are higher, while I still have a pile of JPEGs locked up. Suddenly, I feel a little dazed… Around this time last year, the community would explode if the floor price dipped even a little. Now royalties have been cut to zero, and the group chat is quiet as if no one’s there. Liquidity is a strange thing: when the market is hot, you complain about high slippage; only when it’s cold do you realize there’s simply no one buying. My LSD positions are earning yield every day, but honestly, I open OpenSea even less often than I check my on-chain returns. Maybe the NFT narrative isn’t completely dead yet—people have just learned to keep quiet? Anyway, I’ll put my ETH in Lido to earn interest for now, and treat the JPEGs as… electronic pets. As for whether the floor will come back, or whether the royalty model can survive—