From the current news interpretation of the cryptocurrency market, it's favorable! The capital inflow of ETH in the last 24 hours is leading the way, leaving other coins far behind! Reports show that large institutional investors are aggressively buying ETH with real money, and confidence is sky-high!

However, the interest rate cut in September seems to be a done deal.

If the rate cut goes smoothly, the amount of money in the market will increase. Where will the money flow? It’s not impossible for it to overflow from the traditional market into cryptocurrencies!

Therefore, looking at the news, the upcoming trend is likely to develop positively!