The Bitcoin market has entered a phase of fluctuation and adjustment in the short term. The interest rate cut in September is approaching, and the real surge FOMO market will continue to play out in September.

Currently, pay close attention to the level of 117000 on the 4-hour chart. If it effectively breaks below this level, it will revalidate the position around 112000. If it breaks down effectively, the short-term market will be quite troublesome, so keep a close watch.

The on-chain market has been performing well, but be cautious with position control during P;

Let’s talk about today’s market operation hotspots:

1. The Solana chain on AMM and Launchpad platform Heaven's native token LIGHT has a market cap surpassing 130 million USD;

PS: Those who participated in the ICO made a lot of profit, with returns of 1x+;

2. OKB fell below 100 but has returned to over 120, Xlayer on-chain P made a lot of profit;

3. On-chain assets of Base have skyrocketed, such as $edge, $gai, etc.;

4. GRAYSCALE submitted the S-1 document for the DOGE COIN ETF, but currently #Doge is performing poorly, going up only to be knocked down again; #加密市场回调 #ETH质押退出动态观察