According to BlockBeats, on August 5, Figure Technology Solutions (FTS) secretly submitted an IPO application to the U.S. SEC, becoming a new member of this year's IPO wave in the crypto industry. FTS focuses on blockchain financial infrastructure and has grown rapidly in the HELOC loan and cryptocurrency exchange sectors. This IPO is expected to attract participation from large investment banks such as Goldman Sachs and JPMorgan Chase, and discussions are ongoing with institutions like BlackRock and SoftBank, indicating a recovery of traditional capital's confidence in the crypto industry.
In the crypto market, BTC's recent price has retreated from its peak, and low trading volume indicates that the short-term direction is still to be confirmed. After a short-term rebound, it has still not broken through the pressure at 115,000, with 112,000 being an important short-term support.
Bitunix Analyst Suggests:
The news of FTS's IPO helps boost industry confidence, but in the short term, BTC is still constrained by market volatility and liquidation pressure. Investors are advised to closely monitor the support level at 112,000; if it holds, it can be seen as a phase of strengthening, and a staggered layout strategy may be adopted. If it fails to hold 112,000, it may trigger a new round of liquidation, so short-term operations should be cautious, waiting for market volatility to stabilize and favorable industry news to further ferment before proceeding with layouts. For the medium to long-term, one can pay attention to the structural opportunities brought by the trend of industrial capitalization.
