Bitcoin and Ethereum may experience poor performance in August due to liquidity tightening caused by U.S. Treasury bond issuance, with their trends closely linked to global M2 money supply;
Pay close attention to the pace of U.S. Treasury bond issuance, global liquidity, and other data; among crypto assets, Bitcoin is considered digital gold, while Ethereum and altcoins only have value due to AI application scenarios. #加密市场回调