4E: SEC and CFTC Join Forces for the First Time, Market Bull-Bear Divergence Intensifies

ChainCatcher news reports that, according to 4E observations, the U.S. SEC and CFTC have jointly issued two major statements, announcing their collaboration to promote the development of crypto assets, DeFi, prediction markets, perpetual contracts, and portfolio margining. They plan to enhance the competitiveness of the U.S. market by extending trading hours, narrowing regulatory gaps, and innovating exemption mechanisms. Both parties also announced a joint roundtable meeting scheduled for September 29 to discuss topics such as defining coordination and adjusting capital and profit frameworks, which is seen as an important signal of a comprehensive shift in the U.S. crypto regulatory system.

Meanwhile, the Trump family's wealth increased by $1.3 billion last week due to the listing of American Bitcoin and trading of World Liberty Financial tokens, with WLFI contributing $670 million alone. Eric Trump's holdings in ABTC were once valued at over $500 million, although the stock price subsequently fell by more than 50%.

On-chain data shows that a certain whale, after previously suffering a floating loss of $35.84 million on ETH long positions, has shifted to shorting BTC and ETH, with a total position size exceeding $200 million and a floating profit of about $1.5 million. The market is watching whether its short positions can trigger a chain reaction.

On the macro level, El Salvador's President Bukele announced the purchase of 21 BTC to commemorate "Bitcoin Day," bringing the country's total holdings to over 6,312 BTC. In the Hong Kong market, funds backed by state-owned enterprises are planning projects that link cryptocurrencies and stocks, attempting to indirectly participate in the crypto market by purchasing shares of publicly listed companies that hold BTC. The ETF market has also recorded positive signals, with a net inflow of $250 million into U.S. Bitcoin spot ETFs last week, indicating that institutional funds continue to enter the market.

4E reminds investors: The accelerated shift in regulatory policies and the influx of capital may boost market sentiment, but the divergence between bullish and bearish positions is intensifying. Investors are advised to remain cautious and manage leverage and positions appropriately.