Recently, the market has suddenly become lively, and several seemingly independent events have come together, which feels quite interesting.

Let’s first talk about the policy aspect. Trump has recently started to speak out again, calling for the government to resume operations and mentioning that he would sign legislation related to cryptocurrencies. To be honest, I've heard such statements quite a few times, but the timing right now is indeed delicate—if there are indeed substantial actions on Monday, once the liquidity faucet for the dollar is opened, it raises the question of where the funds will flow. Some are focusing on ZEC, ICP, FIL, and FET, believing that policy-friendly projects might be the first to reap the benefits.
Then there was a rather rare scene: Musk retweeted a tweet from V God. It's worth noting that these two usually play their own games, and public interactions are few and far between. This time, Musk retweeted V God's comments on a hot topic. Although he didn't explicitly mention any collaboration, the market immediately began to speculate. Some saw ETH reaching $3500 in the short term, with the logic being that "the signal at the consensus level is greater than the actual cooperation" — the two top players appearing together is in itself a form of endorsement. Of course, this might just end here, and we will have to see if there are any further actions.
The third thing is more direct: an institution has submitted an application for a Dogecoin spot ETF. According to regulations, if the SEC does not explicitly oppose it within 20 days, it is considered approved by default. DOGE has always been Musk's "pet," and now there is an additional ETF expectation, which has hit the shorts pretty hard these days. The market is betting on whether it can hold above $0.20; if it really gets past this hurdle, the sentiment may continue to ferment.
Looking at these three things together: the policy side may be loosening, industry leaders are signaling cooperation, and the ETF channel has opened a new avenue. Individually, none of these is explosive news, but when combined, it can easily give people the illusion that "this time is different."
However, upon calm reflection, the risks are also very apparent. When positive news is concentrated, it often coincides with the time when profit-taking occurs. Can the government really implement their plans? Will the interaction between Musk and Vitalik turn out to be just a ceremonial retweet? Will the SEC suddenly halt the DOGE ETF application on the last day? These uncertainties still exist.
Personally, I think that if you want to participate in this wave of market trends, you should at least keep an eye on Monday's policy developments and whether Musk has any further statements. The privacy coin sector has indeed shown signs of a general increase in the past few days, which may be related to policy expectations. As for which track will emerge, I tend to favor projects that have both policy narratives and practical application scenarios; those that purely speculate on concepts may rise quickly but also fall just as fast.
What do you think? Which of these three catalysts is most likely to be implemented?