8.19 Market Dynamics:

1. BTC has been going in circles, ultimately being brought down by ETH this morning, and the rebound is also following ETH;

2. ETH is undoubtedly the leader of this wave, driving the entire market along, and even BTC cannot stand alone;

3. Activities on the SOL chain have become dull, and with the platform wars reaching this stage, the direct effects have paused;

4. Zhongjin: The Federal Reserve will remain cautious in its interest rate decisions and will not make significant cuts;

5. Bitdeer reported a 43% increase in mining revenue for the second quarter, with Bitcoin holdings rising to $175 million;

6. Saylor has relaxed financing restrictions, allowing Strategy Inc. to issue common stock below the premium threshold;

7. The SEC has postponed decisions on Bitcoin and Ethereum ETFs for Truth Social, as well as on funds for XRP and Litecoin;

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In exchanges, especially for altcoins, the strategy is mainly to chase highs; it’s not feasible to buy the dip, especially not to make up for the rise, spending a lifetime trying to catch up with the rhythm. $BTC $ETH #加密市场回调