This report reflects the discussions and views shared during our RA meeting. These are personal opinions of the team members and should not be interpreted as financial or trading advice. Readers should conduct their own research and consult with financial advisors before making any investment decisions.

🟢 Overall Stance: The team is now slightly bullish, with a growing tilt toward BTC driven by a strong macro narrative—particularly the anticipated impact of the “Big Beautiful Bill”, which is creating a favorable regulatory and ETF-backed backdrop. However, sentiment around the broader crypto market remains muted, with most analysts expressing skepticism about the durability of altcoin rallies. The prevailing mood is...