Long-Time Analyst Changes Strategy on Altcoins: Sold Most Altcoins, Bought These

1. Clarity Act advances, opening a major growth opportunity for the RWA sector. The U.S. stablecoin regulatory bill made meaningful progress this week. As the compliance framework becomes clearer, institutional barriers for bringing traditional assets on-chain are being significantly reduced. RWA active market cap has reached $26.5B, covering 171 issuers, and the sector has entered an exponential growth phase since the second half of 2025. 2. OpenAI and SpaceX standing as key names to watch. preSPAX is up 32.7% after 27 days of trading, while preOPAI is up 18.6% just three days after launch, standing out against BTC's 4.8% decline over the same period. OpenAI's annualized revenue has surpassed $10B, while SpaceX's recent stock split has been seen as part of its IPO preparations. Both assets are backed by some of the world's fastest-growing private companies, and PreIPO offers a lower-cost window for early participation. 3. A strong dollar and rising energy prices drove markets this week, with crypto pulling back across the board despite improving underlying conditions. BTC fell 4.8% to $78,200, natural gas led gains at +7.4%, and the DXY rose 1.5%, weighing on non-USD assets. However, the global liquidity Z-score has turned positive, rising from negative territory to +0.15. This suggests the pullback was driven by short-term dollar strength rather than a deterioration in liquidity. The FOMC meeting minutes on Wednesday, May 20, will be the key turning point to watch next week. Assets to watch: ONDO / CFG / SKY (RWA), preSPAX / preOPAI (PreIPO), USOUSD (crude oil CFD), NVDA (earnings on May 20)