Aptos(APT) Regular Invest

Cryptocurrency Daily Digest: Key regulatory and market developments occurred. China's central bank and seven other ministries jointly issued a notice explicitly banning all virtual currency transactions and Real World Asset (RWA) tokenization businesses, declaring such activities illegal financial operations. In other news, the White House will hold its next stablecoin policy meeting next Tuesday. Illinois proposed a state-operated Bitcoin reserve program. Michael Saylor hinted at potential Bitcoin purchases by MicroStrategy following his social media post. Significant token unlocks are scheduled this week: AVAX ($15.2M unlock on Feb 11), APT ($12.3M on Feb 10), STRK ($6.3M on Feb 15), among others. Additional updates include: 21Shares filed for an Ondo ETF, Bithumb announced full compensation for a major BTC distribution error, and Li Bin denied rumors about investment and token sales. The Nikkei 225 index surged 4%. Market analysts suggest potential consolidation among Solana treasury firms amid current conditions.

Following weeks of significant losses, the cryptocurrency market showed signs of recovery, buoyed by a U.S. inflation report indicating a slowdown in price increases to 2.4% and a strong labor market, raising expectations of potential Federal Reserve interest rate cuts. While major cryptocurrencies like Bitcoin and Ethereum remained relatively stable, several smaller tokens experienced substantial price movements. Key weekly winners included PIPPIN, which surged over 280% from its accumulation zone to above $0.72, driven by strong buying activity and positive technical indicators. ZCash (ZEC) rallied 33% after Digital Currency Group CEO Barry Silbert suggested privacy coins could attract significant Bitcoin investment and praised ZEC's potential. Humanity Protocol (H) gained nearly 90%, reaching approximately $0.23, supported by its integration with Fireblocks, which provides access to over 2,000 financial institutions. Other notable gainers included Dogecoin (18%), Shiba Inu (12%), and Pi (30%). On the losing side, MYX Finance (MYX) fell nearly 70%, dropping from around $6.30 to below $2.00 due to sell pressure and negative capital flow. Memecore (M) declined over 10% to approximately $1.27 after failing to maintain earlier highs, reflecting weakened buyer confidence. Aptos (APT) slipped from about $1.10 to below $1.00, struggling to recover amid low buying volume. Other decliners included Story (IP, down 6%), Bitget Token (BGB, down 7%), and DoubleZero (2Z, down 13%). The market's volatility highlights the rapid shifts in crypto, emphasizing the importance of caution and thorough research before investing.

The broader crypto market is showing cautious signs of recovery, with Aptos (APT) standing out by gaining over 3.12% in the last 24 hours. Its price moved from a low of $0.9201 to a high of $0.9988, currently trading around $0.9617. Trading volume also increased significantly by 61.42%, reaching $136.01 million. Technical indicators suggest a bullish shift for APT. The MACD line is above the signal line, indicating bullish momentum. The Chaikin Money Flow (CMF) at 0.09 shows buyers are in control with money flowing into the asset. The Bull Bear Power (BBP) reading of 0.041 points to mild bullish dominance, while the RSI at 53.26 suggests a neutral market with a slight bullish bias. Key resistance is seen at $0.97, with potential to reach $0.98 if bullish trend continues. However, a bearish reversal could see the price retrace to support at $0.95 or even drop to $0.94.

This week in crypto and finance features significant regulatory developments, economic data releases, and key token unlocks. California's Digital Financial Assets Law (DFAL) licensing application portal opens on March 9, requiring crypto service providers to comply by July 1, 2026. The UK's Treasury Committee closes its consultation on stablecoin regulation on March 11. Major economic data includes the US releasing February's CPI and core CPI figures on March 11. In project updates, Polkadot will implement a major economic overhaul on March 12, capping DOT's total supply at 2.1 billion and introducing new staking mechanics. Several tokens have unlocks this week: Movement (MOVE) unlocks $3.4M on March 9, io.net (IO) unlocks $1.3M on March 11, Aptos (APT) unlocks $10.5M on March 13, and Starknet (STRK) and Sei (SEI) unlock $4.8M and $3.6M respectively on March 15. Other events include a财报电话会 for Sharplink, Ethereum Day in Hong Kong focusing on AI and DeFi, and Neutron deploying a bug fix on March 9.

Aptos is scheduled to unlock 11.31 million APT tokens (worth $10.88 million) on March 12, representing 0.69% of its circulating supply. While such unlocks typically create sell pressure, several factors may mitigate the impact. Notably, 69% of the supply is staked, reducing immediate selling risk. Additionally, partnerships to tokenize funds with institutions like BlackRock could absorb some of the unlocked supply. Despite APT's market cap falling to its lowest level since launch, losing over $7 billion since its 2024 peak, there are early signs of bullish momentum as indicated by a MACD crossover. However, the asset remains in a distribution phase, suggesting cautious optimism amid ongoing unlocks.