4E: Crypto and macro market trends are frequent, and institutions are accelerating their entry into the market

On October 3rd, according to 4E observation, Sharps Technology, the main supporter of the Solana ecosystem, is preparing a $100 million SOL repurchase plan, and plans to transfer some circulating tokens to the ecological vault through open market repurchase, with the intention of enhancing the ecological long-term capital reserve.
In traditional finance, the CME will launch 7 × 24-hour cryptocurrency futures and options trading from October 2, which means that the mainstream derivatives market will be covered 24/7 for the first time. At the same time, the personnel dynamics of the US CFTC have attracted attention. Former Chairperson Giancarlo revealed that the White House is considering a new chairperson, and SEC senior crypto policy officer Mike Selig is one of the main contenders.
Institutions continue to move. VanEck Lido Pledged Ethereum ETF has been registered in Delaware, showing that the compliance process of pledged ETFs is accelerating. At the macro level, the artificial intelligence boom continues to push the global stock market to a new high; while the US labor data may be delayed, the market has almost fully digested the expectations of two interest rate cuts this year.
In the crypto market, JP Morgan's latest report pointed out that Bitcoin is still undervalued compared to gold, and the price is expected to rise to $165,000.
4E reminds investors that institutional funds and policy expectations continue to shape the market landscape, and while short-term volatility intensifies, long-term narratives are accelerating.