ChainCatcher message, Liquid Capital founder Yi Lihua stated on platform X: "August, affected by the US financial holiday, has always been a slow trading season; historically, crypto performance has not been good. With the upcoming speech from Hawk Powell and the decline in US stocks, ETH's performance has been outstanding, providing everyone with the best time and area for bottom fishing. The time until the 25 basis point rate cut in September is getting closer; in the future, unless there are significant issues in the US stock market, there will be trading opportunities in an upward bull market trend.

Macro focus on US stock market risks, crypto policies, Trump vs. Federal Reserve and stablecoins, industry attention on the next ETF, Defi legislation, coin-stock projects, etc."