The market is currently waiting for Powell's speech tonight at 10 PM. Tonight's speech will affect or directly give the answer to whether there will be a rate cut in September, so special attention is required tonight. Currently, the market sentiment about a September rate cut is pessimistic. If tonight's speech is dovish, the market will reopen the upward mode; if hawkish, the market will reopen the downward adjustment mode.
Bitcoin is still adjusting on the 4-hour level, looking for bottom support. Currently, no effective support signals are seen, and the market is waiting for Powell's speech. So everyone needs to pay attention to risks; there may be significant fluctuations when Powell speaks.
$BIO
First, let's talk about the narrative and fundamentals. The leading project in the DeSci sector, US stocks, and YZi Labs focus on investing in the biotechnology sector. Since August 7, this sector has been continuously rising, accompanied by increasing volume at the bottom. I recommend two points for medium to long-term entry. The market value is only 350 million.
You can start building a little position at the limit price and wait for a pullback to build the position around 0.1205. Since it is primarily a medium to long-term investment in spot, the stop-loss position is 0.0965; no loss, no cutting. Our expectations will also relatively amplify, focusing on the multiples of 0.0965, a doubling market.
$G
Upgraded from AI to RWA narrative, got on Binance Alpha, opened the possibility of contracts on Binance and South Korea, based on on-chain data, the project party controls over 90% of the on-chain wallet addresses. The airdrop and early profit-taking on Binance Alpha have been thoroughly washed, and now is a good opportunity to build positions.
The RWA track itself has a very high ceiling. Recently, the $plume FDV on Binance spot reached 1 billion, while $G, also in the RWA track, has an FDV of 24 million and an MC of 8 million, which is really too cheap. It should be the cheapest RWA project on Binance Alpha; the project party hasn't rug-pulled and is still continuing to work. I heard they are still hiring, which should mean they want to operate the project well. I bought some on secondary DCA, waiting for the project party to do something!
$GT
Recently, the popularity of platform tokens has skyrocketed, GT can be laid out with a light position. GT has been continuously destroyed, which makes the circulation increasingly scarce, and the asset value of those holding GT naturally rises. Now laying out $GT is not like buying a lottery ticket, but a kind of 'long-term pass'. With it, you can participate in more gameplay, gain more rights and interests, and the next time destruction may bring you a big surprise.
$ONDO
RWA leader, the official on-chain work of traditional finance is RWA (real-world assets), simply put, it is about moving government bonds and bonds onto the blockchain. The team comes from BlackRock and Goldman Sachs, professionals in finance, making compliant and reliable products. In the current high-interest-rate environment, institutions are desperately seeking returns. The tokenized US Treasury bonds issued by Ondo offer high and flexible returns, with explosive demand. This track is in the trillion-dollar level, and it is the one charging at the forefront.
The ONDO token is its governance token, and in the future, as the ecosystem grows, you can also share in protocol revenue. This is equivalent to laying out the entrance for traditional institutions to enter the crypto world in advance, both Beta and Alpha are accounted for.
