#稳定币监管 Seeing institutions at the PwC level start to seriously enter the crypto space with real capital, the underlying logic is worth pondering. The regulatory framework is shifting from ambiguity to clarity, especially with the standardization of products like stablecoins, which directly lowers the entry barriers and risk perception for traditional large institutions. This is not a sudden decision but a signal — the policy environment is indeed reversing.

From a copy-trading perspective, such macro shifts often lead to cyclical fluctuations in market sentiment. Institutional entry usually means increased liquidity and trading depth, which can also change the trading styles of some traders. Some experts who excel at "fishing in troubled waters" during policy vacuum periods may need to adjust their strategies, while those focused on fundamentals and policy interpretation might instead find opportunities to perform.

The key is to observe who finds a new rhythm in this wave of change. Recently, I have been adjusting my copy-trading portfolio, reducing positions of some aggressive traders, and instead increasing focus on traders with policy sensitivity and risk management capabilities. It’s not that being aggressive is bad, but when the market structure changes, your copy-trading strategy must also evolve; otherwise, you’re walking today’s path with yesterday’s map.

Experience proves that observation and review are always the best teachers.