BlockBeats news, August 21, Liquid Capital (formerly LD Capital) founder Yi Lihua posted on platform X stating: "August has always been a trading off-season due to the impact of the US financial holidays, and historically the crypto performance has not been good. Coupled with the upcoming speech from Hawk Powell and the decline of the US stock market, ETH's performance has been outstanding, providing everyone with the best time and area to buy the dip. The time is getting closer to a 25 basis point rate cut in September, and unless there are major issues in the US stock market, there will be trading opportunities in an upward bull market trend."
The macro focus is on US stock market risks, crypto policies, Trump vs Federal Reserve and stablecoins, industry attention is on the next ETF, DeFi legislation, coin-stock projects, etc."
