Substantial inflows into Bitcoin ETFs and gold reaching record highs indicate accelerating institutional demand and a growing appetite for safe-haven assets. Increased regulatory focus in the EU and BNY Mellon's exploration of blockchain applications signal market maturation. However, geopolitical risks remain. The overall market bias is neutral.

・Record inflows into US Bitcoin ETFs signal accelerating institutional demand, indicating further penetration into traditional financial markets. This trend is expected to support price stabilization and a long-term upward trajectory. Large-scale ETF purchases are also anticipated to enhance market liquidity and curb volatility. ・Gold prices have reached new all-time highs, signaling increased demand for safe-haven assets. This could lead to a renewed appreciation of Bitcoin's value as an alternative asset against inflation and economic uncertainty. The correlation between gold and Bitcoin is drawing attention amid rising macroeconomic uncertainties. ・The European Union (EU) is strengthening its cryptocurrency regulations, expanding the application of the MiCA framework. This move aims to enhance investor protection and improve market credibility through regulatory clarity. While regulatory harmonization is expected to promote the growth of crypto businesses within the EU, it may also lead to increased compliance costs for some companies. ・Major custodian BNY is considering upgrading its payment network using tokenized deposits. This suggests the potential integration of blockchain technology into traditional financial systems, contributing to more efficient and faster cross-border payments and settlements. If realized, this could lead to a transformation of financial infrastructure. ・Intercontinental Exchange (ICE), the parent company of the NYSE, has invested $2 billion in the crypto prediction market Polymarket. This investment highlights the potential growth of prediction markets and their increasing integration with traditional finance. Institutional interest in this sector is growing, with regulatory developments also being closely watched. ・The EU is considering sanctions against the Russian Ruble-pegged stablecoin "A7A5," highlighting the geopolitical risks associated with non-USD pegged stablecoins. This situation underscores how international financial regulatory trends can influence the market. A7A5 is noted as one of the largest non-USD pegged stablecoins operating despite sanctions. ・Amidst the progressing approval of Ethereum ETFs, discussions are emerging about Solana potentially outperforming Ethereum. This reflects the intensifying competition among Layer 1 blockchains, where technological advancements, ecosystem growth, and institutional interest significantly influence pricing. Solana's future development and market adoption remain key focus areas. ・Crunch Lab has successfully raised $5 million to advance its decentralized AI prediction network. This signifies a growing trend of decentralization within the AI sector and its potential impact on research and development. The convergence of AI and blockchain technology holds promise for fostering novel innovations. Overall Summary: Massive inflows into Bitcoin ETFs and record-high gold prices indicate a growing demand for safe-haven assets amidst macroeconomic uncertainty, alongside increasing institutional penetration into the crypto market. The EU's regulatory tightening and BNY's consideration of blockchain integration signal market maturation and convergence with traditional finance. Conversely, sanctions concerns surrounding non-USD pegged stablecoins highlight persistent geopolitical risks. The market's future trajectory is anticipated to be shaped by a balance between regulatory developments, macroeconomic conditions, and technological innovation.

Heightened cryptocurrency regulations by the EU and the consideration of sanctions against non-dollar-denominated stablecoins increase geopolitical and regulatory risks. Market volatility also remains a factor to monitor closely. The key support level is the recent low of $205.

**24-48 Hours:** A neutral trend is expected to continue, with price action likely remaining within a defined range. **1 Week:** The outlook is contingent upon macroeconomic factors, EU regulatory developments, and ETH ETF approvals. While sustained positive sentiment could drive prices higher, inherent risks persist. Key catalysts to monitor include regulatory news and market capital flows.

Conclusion: The SOL market currently exhibits a neutral bias. While inflows into Bitcoin ETFs and strength in gold act as positive drivers, headwinds from EU regulations and geopolitical risks persist. Short-term entries should await confirmation of directional movement. Potential strategies include establishing long positions on pullbacks to the $205-210 zone, or entering on a confirmed breakout above $237. Take-profit targets are set between $237-240, with stop-loss orders below $205. Key levels to monitor this week are support at $205 and resistance at $237. Monitoring EU regulations and geopolitical developments remains crucial for risk management. Rational analysis and prudent position building are key to capitalizing on opportunities.