Crypto Morning Post * Important information that can't be missed every day * May 12, 2025 1. The United States and the United Kingdom have reached trade negotiations and established an overall framework, but it will take time for specific rules to be implemented. It is a good start for the capital market. 2. Russia and Ukraine are also shouting for hot negotiations in the past few days, and it is not yet known what variables will be in the future, but it is also a good start for the capital market. 3. The two-day negotiations between China and the United States have also ended, and according to the reaction of the United States, there is some substantial progress, no matter how long the negotiations will be needed in the future, which is also a big positive for the capital market. 4. The crypto market came out of the bull market over the weekend, especially the #MEME market, led by #Moodeng #PNUT, animal memes are crazy to pull the market, and the hippopotamus is currently 14x from the bottom, and the squirrel is 4X from the bottom. 5. The trading volume on the SOL chain continues to expand, with Trump trading at $140 million, Fartcoin trading at $130 million, Popcat trading at $80 million, Moodeng trading at $35 million, and Pnut trading at $27 million. 6. #ETH涨疯了, it skyrocketed by 40% in 3 days, and it directly appeared on the Douyin hot search list, but then it was directly removed from the shelves, driven by ETH, and the ecology has also been fully resurrected, but it is still not the leader, and the current leader is the meme track. 7. #Mirai ended the fundraising ahead of schedule, and there were 76,831 SOL lying directly at the address, and it is estimated that the coins will be issued this week, and we will see how many X there can be when the time comes. 8. #Trump about dinner, today's snapshot, after the snapshot, there will be an expectation of smashing, and then the team will have a way to continue to let the leeks pull the plate, in short, Trump's team is very good at playing. 9. Sister Mu continues to brainwash, she said: Bitcoin is bullish to $1.5 million, AI is changing the rules of the game for investors. 10. Last week, the US Bitcoin spot ETF had a net inflow of $920.9 million, of which BlackRock and Fidelity saw an inflow of $1.1 billion, and the others insisted on it, but the magnitude was not large. 【Market Analysis】 Bitcoin's current investment structure has undergone fundamental changes, if it was previously composed of OG and retail investors, then it is no longer so, and now it has completely reduced to the market of institutions and consortia, and they are the main force leading the trend of Bitcoin. There is no U.S. stock market over the weekend, Bitcoin is also trading sideways at a high level, and there is no signal to see the possibility of a decline at present, as we said last week, the market has changed from a rebound to a reversal, and the low point near 70,000 in April should be the lowest position of the year. At the current pace, bitcoin will continue to rise, with a high probability of ATH this week, and then reach a high around 15-20W in the second half of the year. In terms of cottages, at present, meme-based, the market has come, but everyone's interest is not high, indicating that it has not risen in place, and when everyone FOMO, then the market will come to an end. If you don't want to chase the high meme, then you can at least ambush some of the leading copycats that haven't risen yet. 10. Last week, the US Bitcoin spot ETF saw a net inflow of $920.9 million, of which BlackRock and Fidelity saw $1.1 billion in inflows, while others persisted, but not much.