Today's market is really outrageous.
Old Powell is still stubbornly saying 'interest rate cuts will be in December,' but the crypto market is not buying it—BTC is firmly above 104K, and ETH is gearing up to push towards 3000 dollars!
Three core logic points support this market move:
1. Wall Street has already entered the market in advance.
Don’t be fooled by Old Powell’s hard exterior; BlackRock's ETF has seen net inflows for six consecutive days, with a massive purchase of 320 million dollars yesterday, indicating that institutions have already laid their groundwork, and by the time retail investors wake up, the low-priced chips will have been swept away.
This is the classic play on Wall Street: play the expectation gap. While you're still hesitating, they have already won effortlessly.
2. ETH is about to welcome a violent moment.
The Pectra upgrade has just been completed, with staking efficiency doubled. Institutions can now manage thousands of validation nodes with one click. This is a significant move to support ETH spot ETFs.
On-chain data shows: over the past three days, whale addresses have accumulated more than 40,000 ETH. This is not short-term speculation, but rather a controlled slow bull.
3. Global funds are fleeing risk assets and flowing into crypto assets.
Geopolitical tensions and trade wars are escalating; Russian and Middle Eastern wealthy individuals are entering the market. Yesterday, XRP suddenly surged by 10%, driven by market rumors that Saudi Arabia wants to use it for cross-border payments. It's no longer 'the U.S. calls the shots', but rather global hot money is coming in!
Key technical position reminder:
BTC: 101K is a solid bottom; if it holds above 103K, then look for 108K.
ETH: 2880 is a short-term pressure point; a breakthrough aims for 3000.
Altcoins: Focus on those with substantial ecological progress, like SOL and SUI, avoid shell coins.
Operational advice:
Spot traders: Buy the dip with closed eyes, sweep BTC back at 100K, and chase ETH if it breaks 2800.
Contract traders: Keep an eye on BTC's 103K support level; if it drops below 0.5%, stop loss and short.
Long-term holders: Hold BTC and ETH steadily, expecting another major market cycle by year-end.
Two major events will determine the medium-term trend:
The stablecoin bill was officially implemented in June.
September ETH staking ETF review window.
Before these two time points, the main players will not easily let retail investors succeed in bottom fishing. A drop is an opportunity, but don’t act blindly!
Final reminder:
The more stable the current market, the bigger the surprise is being planned. Smart people are already on board; are you still on the sidelines?
Share in the comments where you entered the market, let's strive for the peak of the bull market together!
