Market Highlights on August 4:

BTC Rebound Boosts Sentiment Recovery: Bitcoin quickly rebounded after a dip, strengthening altcoins and warming market sentiment.

Macroeconomic Positivity Increases: US employment data has been revised down, reinforcing expectations for two interest rate cuts within the year, with the probability of a cut in September rising to 76%.

Clear Rotation of Hotspots:

The stablecoin concept continues to be strong, with ENA unlocking $100 million tomorrow, potentially leading to short-term volatility.

The public chain IP sector is supported by Grayscale Trust, with some projects rising against the trend.

The SocialFi project Zora in the Base ecosystem has seen a significant rebound, supported by Coinbase resources.

The meme sector is gaining traction again, with TROLL attracting attention due to the 'conspiracy theory' topic.

Overall market structural opportunities remain: Improved policy expectations and alternating sector rotations are driving the current market, which still has multiple hot directions to focus on in the short term, including stablecoins, public chain IP, and the Base ecosystem.