Federal Reserve's September Rate Cut Expectations Lowered

Price Movements

• BTC at $113,376, down 8.9% from its peak, 24-hour trading volume $65 billion

• ETH performing strong at $4,300, up 3.36%, with 97% of addresses in profit

• BNB breaks $872, with a market cap of $121.4 billion, becoming a highlight during the adjustment period

Policy Changes

• Federal Reserve's September rate cut expectations decreased from 90% to 80-88%

• Reasons: CPI month-on-month at 0.3%, initial jobless claims down to 212,000

• Hawkish voices within the Fed have increased; Kashkari warns of "the dangers of premature rate cuts"

• Market Reaction: 130,000 liquidations, with $230 million liquidated in a single day on August 19

Capital Flows

• Bitcoin ETF has seen an outflow for 5 consecutive days, totaling $523 million

• Institutional holdings increased by 2.3%, indicating long-term investors are accumulating at the bottom

• Long/Short Ratio Changes: Coin-Margined 66.58% long, USDT-Margined 54.4% short

• Large capital outflows have exceeded long positions for three consecutive days

Trading Strategies

• Focus on the support range of $110,000-$112,000, which includes the 200-day moving average and neckline

• ETH/BTC trading pair RSI is in the oversold region; the opportunity for ratio recovery is worth paying attention to

• Control position size in the range of 15%-25% of total capital, be wary of the increase in the Fear Index (VIX) by 12.7%

• Pay attention to market sentiment warming up before the September legislative debates and emerging hotspots in the Solana ecosystem $BTC $ETH #杰克逊霍尔会议 #俄乌冲突即将结束？