The nineteenth episode of (Trading Star Tuesday) SPACE, jointly organized by Techub News, Wind, Uweb, and Chain Intelligence, concluded on August 19, 2025, at 10:13 Hong Kong time. Host Qia Ge led a discussion full of valuable insights into the cryptocurrency market with a light-hearted and humorous style. Despite the market being sluggish and fewer participants, this episode still gathered Sherry, Chief User Experience Officer at BitMart; Xiao Fei Faye, BitMart spokesperson; Big Brother, product experience officer at Binance and HTX DAO ambassador; A God, co-founder of RITD Lab; and Dr. Mei, the 'coal boss' and founder of the 'Coal Boss Cryptocurrency Private Board'. The guest lineup includes traders, analysts, and blockchain researchers, providing diverse perspectives and deep insights for the audience.
Topic 1: Current Market Situation Analysis
Dr. Mei discusses the market: prioritize risk-reward ratio, the current market entry timing is good.
Dr. Mei analyzed the current cryptocurrency market situation, pointing out that after Bitcoin and Ethereum reached new highs (BTC at 124,000, ETH at 4,788), there was a pullback, and market sentiment became relatively cool, with trading volume shrinking. He believes that the recent market concerns about inflation have intensified due to the PPI data exceeding expectations, with the probability of a 50 basis point rate cut by the Federal Reserve being almost zero, leading to a significant drop earlier. Currently, ETH has fallen to about 4,200, approaching the lower end of technical oscillation, and the market panic has basically been digested. Dr. Mei emphasized that investors should pay attention to Powell's speech at the Federal Reserve's Jackson Hole annual meeting this week. If a dovish stance confirms a rate cut in September, BTC may rebound to over 120,000, and ETH is expected to rise to 4,500; if inflation risks are emphasized, the market may continue to oscillate. Dr. Mei suggested that investment strategies should prioritize the risk-reward ratio rather than purely market judgment. Although ETH may drop further to 3,900, the downside space is limited (about 400 points), while the upside potential is greater after breaking previous highs (to 4,700 or higher). He believes that the current level of 4,300 is an excellent entry point with a high risk-reward ratio, suitable for investors with a low position. Dr. Mei warned that excessively waiting for lower points (such as 3,900) may miss the opportunity for a bull market rise, as the anchoring psychology will increase the difficulty of chasing high. In the context of a highly certain bull market, missing larger gains for the pursuit of small returns is not cost-effective. Therefore, he suggests that investors seize the current level and layout decisively.
A God talks about Ethereum and Bitcoin: bearish in the short term, mainly oscillating.
A God shared his views on Ethereum and Bitcoin. He pointed out that the current market is in a oscillating phase, with Ethereum at the 4,200-4,300 level, where 4,100 is the key contract liquidation point, and 3,900 below is the long liquidation point. No significant decline is seen in the short term. From on-chain data, when Ethereum approached 4,700, there were significant profit-taking sales, and the capital inflows over the past 30 days showed divergence from BTC's price trend of reaching a new high of 124,000. Market sentiment has not kept up with the price increase, and the fear-greed index also indicates a minor top divergence, reflecting a rational trend in the market. Therefore, A God has a bearish outlook in the short term, expecting Ethereum may pull back to the 4,000 level, with limited amplitude. Given the market's expectation of a 25 basis point rate cut by the Federal Reserve on September 18, A God believes that the market will mainly oscillate in the next 11 days, with upward momentum possibly recovering after September 1. He emphasized the importance of monitoring on-chain data and sentiment indicators, advising investors to operate cautiously and wait for the market to clarify its direction.
Xiao Fei Faye discusses the market: the combination of macro and technical aspects, with short-term oscillation and pullback being controllable.
Xiao Fei Faye, the BitMart spokesperson, pointed out that the market recently experienced a brief rise due to slightly lower CPI data, confirming expectations for a rate cut in September. However, the PPI data far exceeded expectations, intensifying inflation concerns and leading to a calm market pullback. The PPI reflects rising business costs, and combined with the uncertainty of Trump's tariff policy, the market's decline is a normal reaction. In the short term, she suggests paying attention to the PCE core inflation data on August 29 and Powell's speech at the Jackson Hole annual meeting this Friday, expecting his dovish style to dilute expectations for a 50 basis point rate cut in September. Technically, Bitcoin's weekly line has a long upper shadow, with short-term oscillation being the main focus. Support levels are at 99,000 (historical trend line) and 93,000 (Fibonacci 0.618), and not breaking below is a normal pullback. The daily RSI and MACD show a dead cross, with 113,000 being short-term support, suitable for short-term long operations. As for Ethereum, the trend line has been broken, and combined with the bearish state of BitMart’s largest coin-holding company Bitmain, the pullback space may be larger than that of Bitcoin. 3,900 serves as a key support level, and buying orders can be attempted. She advises investors to combine macro data with technical indicators to seize opportunities during the oscillation period.
Sherry discusses the market: pullbacks are healthy adjustments, rationally grasping long-term opportunities.
Sherry, Chief User Experience Officer at BitMart, shared her views on the recent market situation. She believes that a market adjustment after a wave of pullback is a healthy adjustment rhythm. The previous rapid rise has accumulated bubbles, and pullbacks help cool down the market, squeezing out short-term speculative bubbles. In the context of macroeconomic uncertainty and regulatory policy changes, market volatility is a normal phenomenon. In the short term, she advises investors to remain rational, avoid being dominated by panic, and not to act blindly due to small declines. From a long-term perspective, pullbacks provide investors with opportunities to examine project fundamentals and accumulate positions. She emphasized that the overall market trend remains positive, and investors should focus on fundamental analysis to seize layout opportunities brought by pullbacks. Sherry's views echo those of other guests, reminding everyone to stay calm amidst volatility and make rational judgments to grasp long-term investment value.
Big Brother discusses the market: the pullback has reached its limit, and bold layout in the bull market is key.
Big Brother analyzes the market from the perspective of a live trader, believing that the current pullback is nearing its end, and Bitcoin and Ethereum are about to rebound. He opened a long position on Bitcoin this afternoon, as it is more stable than Ethereum, which often experiences significant spikes (1-1.5%), leading to floating losses. He observed that retail sentiment during this bull market is low, as altcoins have not followed the rise, and during the pullback, their declines are even more pronounced (1.5-3 times that of Ethereum), resulting in widespread losses among retail investors. Combining the case of OKB and OKT merging and then surging in the short term, he emphasized that market opportunities are fleeting and require swift digestion of news and bold operations. In a bull market, bold individuals are more likely to profit, while cautious 'old hands' often miss out or get liquidated. He advises investors to embrace the mentality of getting rich, establish a personal trading system, emphasize capital management, and patiently wait for certain opportunities, daring to take large positions. Currently, he is optimistic about the upward space of Bitcoin and Ethereum, encouraging decisive entry during pullbacks to seize the bull market dividends.
Host Qia Ge summarized: patiently respond to the market and focus on new opportunities.
Host Qia Ge summarizes by quoting Livermore's famous saying, emphasizing that excellent speculators need to patiently wait for the market to confirm their judgments rather than blindly predicting. He personally holds a 'watching the show' attitude, refraining from entering the market for now. If the market rises, he will continue to hold spot assets; if it falls, he will short at the B round position to earn coins, firmly believing that the bull market has not ended. He shares the philosophy of turtle trading, advocating that trading should focus on responding rather than predicting, maintaining a good state for flexible operations. Qia Ge observes that Bitcoin is highly correlated with the Nasdaq, but prices in the US stock market are stable before trading hours. The Nasdaq has risen from 16,000 to nearly 24,000, with the pullback being normal. The current favorable factors (such as stablecoin legislation, Bitcoin's strategic reserves, and institutional trends) have basically been digested, with no new catalysts in the short term. He mentioned that the meme coin concept is outdated and advised focusing on opportunities in emerging sectors like DeFi, encouraging guests to share their favorable directions later. Qia Ge emphasized the relaxed atmosphere of the program, reminding listeners to remain rational. At the end of the program, a lottery will be held, calling for delayed gratification and patience in waiting for more exciting discussions.
Topic 2: Promising Sectors and Tracks.
A God is optimistic about RWA and ARB: a gradually advancing potential track.
A God is particularly optimistic about the physical asset (RWA) track. He believes that the tokenization of RWA is a future trend, but development needs to be gradual, constrained by the blockchain's impossible triangle (high performance, decentralization, security). It is difficult to realize the rapid on-chain of hundreds of billions or even trillions of assets in the short term, and it is necessary to first improve the infrastructure such as stablecoins. A God pointed out that the current RWA market is in its early stages, and after institutions accumulate at the 1,400-2,800 level, they began to push up, resembling the 'shouting orders' phase, with market bubbles beginning to emerge but with huge potential. In addition, he is paying attention to the altcoin ARB (Arbitrum), which shows a bullish trend due to the golden cross of the daily moving averages, indicating short-term trading opportunities. A God advises investors to pay attention to the long-term potential of RWA while cautiously grasping the short-term trends of altcoins like ARB, waiting for infrastructure to mature and for the market to further validate.
Sherry is optimistic about AI and RWA: new opportunities for the integration of cryptocurrency and traditional finance.
Sherry, Chief User Experience Officer at BitMart, emphasized the combination of AI and cryptocurrency and the RWA track. She believes that the AI sector has huge potential because AI requires massive computing power, while blockchain can build a globally open market through distributed computing power, giving rise to applications such as AI-driven trading bots, decentralized knowledge markets, and on-chain identity agents, expanding blockchain applications from finance to broader fields. BitMart is also developing AI-related tools, such as chatbots, demonstrating its layout in this sector. Sherry is also optimistic about RWA, emphasizing its role in enhancing liquidity by tokenizing traditional assets like government bonds, real estate, and fund shares on-chain, allowing cryptocurrency users to access traditional assets more conveniently, becoming an important bridge connecting cryptocurrency and traditional finance. She believes that both AI and RWA have long-term potential and will drive innovation and integration in the blockchain ecosystem.
Big Brother is optimistic about DeFi and lending: seizing opportunities in new coins during the bull market, patiently waiting for certainty.
Big Brother strongly advocates the DeFi and lending sectors. He believes that in a bull market, DeFi and lending projects always produce excellent coins, as demonstrated by the last bull market with Uniswap, Sushi, CRV, etc., where CRV rose from $0.18 to over $1, proving its potential. He has recently researched LISTA, the largest lending project on the BNB chain, believing that new coins in the DeFi sector have explosive opportunities, especially 'buying new, not old.' In terms of asset allocation, he suggests holding 50% in Bitcoin, 20% in mainstream coins, and 30% for swing trading or leveraged operations to seize popular new coin opportunities. Big Brother emphasizes that making money in a bull market requires patiently waiting for certain opportunities, such as bottom-fishing during market panic, which is often seen as a 'money-picking' moment in a bull market. He advises against chasing tail-end market trends due to high risks and low returns, urging investors to overcome greed and seek high-certainty, low-risk opportunities, steadily dollar-cost averaging Bitcoin or seizing new coin explosion points, combining patience and boldness to achieve wealth growth.
Dr. Mei is optimistic about ETH systems, old coins, and TRX: driven by treasury and consensus.
Dr. Mei (the coal boss) focuses on ETH systems, old coins, and TRX. He believes that the Ethereum ecosystem is strengthened by the Treasury mechanism, showing a strong overall trend, recommending targets including Aave, ENA, Lido, Chainlink, and Uniswap, demonstrating confidence in DeFi and infrastructure projects. The second sector is old coins, such as Dogecoin (DOGE), which is favored due to its high recognition among the US public (second only to Bitcoin), expectations of ETF approval, and treasury potential; Solana (SOL) also has investment value due to ETF expectations. The third focus is TRX, whose K-line shows a healthy trend. Its reverse listing and Sun Yuchen's social attributes (relationship with Trump) enhance its potential as a treasury coin. Dr. Mei proposed the theory of 'emotional arbitrage,' believing that past controversies surrounding Sun Yuchen led to an undervaluation of TRX, but its steady rise and Sun's strategic transformation (from harvesting retail investors to pursuing politics and reputation) make it worthy of attention. In addition, he mentioned old coins such as BCH, LTC, XRP as well as the RWA and stablecoin sectors, though these have slightly weaker consensus. Dr. Mei emphasized that these are merely personal opinions and not investment advice, and he recommends that investors pay attention to treasury trends and market consensus.
Xiao Fei Faye is optimistic about Dogecoin, RWA, and the platform token: emphasizing discipline and mindset.
Xiao Fei Faye, the BitMart spokesperson, shares her views on promising sectors and trading insights. She first affirmed Dogecoin (DOGE), sharing her experience of making a six-fold return by going long on DOGE when Trump took office last November, viewing it as a 'lucky coin' and recognizing its high consensus and potential. At the same time, she is optimistic about the RWA sector, mentioning that she recently observed individuals from Web2 (like Gao Xiaosong) entering Web3 at offline activities in Shanghai, exploring RWA applications in music, indicating that the 'memecoin season' may accelerate in the bull market. She recommends BitMart's platform token BMX, as it is highly tied to the platform's growth. Recently, BitMart has shown potential through AI tools optimization (such as X Inside Beacon, Follow Up 2.0, and Hualian protection functions), and BMX prices are low with explosive space. In terms of trading mindset, Xiao Fei emphasizes the importance of discipline in execution (such as opening positions, stop losses, and take profits). While Bitcoin dollar-cost averaging is simple, it requires self-discipline and is easily affected by external information. She advises traders to avoid emotional operations, appropriately diversify attention, and maintain their original intention to prevent deviation from trading discipline, steadily grasping opportunities in the bull market.
Topic 3: Future Upward Momentum.
Big Brother: Driven by Trump's policies.
Big Brother believes that the upward momentum mainly comes from Trump's policy promotion, especially mentioning the popularity of cryptocurrency funds like World Liberty Financial (WLFI) and USDY. He believes Trump will drive Bitcoin to new highs through policy innovation, so investors do not need to worry and can just follow the favorable policies.
Sherry: Macroeconomic Environment and New Trends.
Sherry emphasizes that the improvement of the macroeconomic environment is the core driving force for the rise, including interest rate cuts, increased global liquidity, and the funds and confidence brought by the entry of traditional institutions. She is optimistic about the landing of RWA and AI sectors, believing they are key to the next round of growth, and advises maintaining optimism while focusing on risk management.
Dr. Mei: Supply and demand and compliant channels.
Dr. Mei analyzes from the perspective of supply and demand, pointing out that rate cuts will lead to money flowing into risk assets, which will then flow into Bitcoin. The stablecoin legislation, ETF, and other compliant channels inject funds into the market and enhance educational roles. Under the paradigm of the US stock market, the four-year cycle effect weakens, and the magnitude of single pullbacks shrinks, which is a long-term benefit for Bitcoin. He predicts that Bitcoin will reach one million dollars within ten years, with inflation rates already lower than gold and the dollar.
Xiao Fei Faye: Institutional and policy support.
Xiao Fei believes that the 401K plan promoted by Trump (BlackRock's $12.5 trillion asset allocation to cryptocurrencies), the expectation of interest rate cuts, and the replacement of the Federal Reserve chairman in 2026 are the driving forces for the rise. Trump's significant profits in the cryptocurrency field demonstrate the positive impact of his policies on market liquidity and market capitalization.
A God: Driven by policy and institutions.
A God pointed out that the impact of the 25 basis point interest rate cut on September 25 is limited. The real upward momentum comes from the nationwide promotion of blockchain policies in the United States, such as the implementation of stablecoins and RWA. Institutional holdings of BTC and ETH as strategic reserves are similar to tech stocks in the US stock market. The market capitalization of Bitcoin is expected to exceed $4 trillion, and the magnitude of single withdrawals is reduced due to compliance.
Qia Ge summarizes: multiple benefits and discipline.
Qia Ge summarizes Trump's policies (such as the 401K plan, stablecoin legislation), the combination of AI and blockchain as upward momentum, quoting Soros to remind retail investors to recognize illusions and exit the market in a timely manner. He thanks BitMart for sponsoring the surrounding lottery and promotes Bitcoin Asia 2025 (Eric Trump's speech), encouraging downloading the Techhub News APP to participate in activities.
The guests unanimously believe that the current pullback is a healthy adjustment, with short-term oscillation being the main focus and the long-term bull market trend unchanged. BTC support levels are 99,000-93,000, and ETH support levels are 3,900-4,000, suggesting to grasp high risk-reward ratio levels. Promising tracks include RWA (institutional layout, enhanced liquidity), AI (combining computing power and applications), DeFi (new coin opportunities), ETH systems, and old coins (DOGE, TRX, etc.). The upward momentum comes from Trump's policies, interest rate cuts, institutional entry, and new tracks being implemented, making the market more stable under the US stock market paradigm. Investors need to maintain discipline and patience, paying attention to policies and on-chain data, seizing bull market 'money-picking' opportunities.
Note: The views shared by all guests in this program are for learning and exchange purposes only and do not constitute investment advice.