1. Powell 'joins' the dovish camp, opening the door for a Fed rate cut in September, traders increase bets on rate cuts;

According to CME's 'FedWatch': The probability of the Fed keeping rates unchanged in September is 12.7%, while the probability of a 25 basis point cut is 87.3%;

2. Trump: Powell should have cut rates a year ago, it's too late to send a signal for a rate cut now. Trump also threatened to fire Fed Governor Cook again;

3. #ETH continues to hit ATH, there was a false breakout last night creating bearish sentiment, news about the top of the bull market is flying everywhere;

4. #WLFI launched on the spot market on September 1, the contract market for $wlfi has been declining, the logic is simple, early participants in the presale mostly hedged at around 0.4+;

5. #AAVE and #WLFI are in a dispute over 7% of the chips, AAVE has already voted in favor, but the WLFI team stated it is false news, there is no such thing, they likely do not want to give away this portion of chips;

6. #XPL contract market prices are stable, consistently maintained around 0.5;

7. #OKB continues to retract, but over the weekend @star_okx indicated they would provide $100 million as an ecological support fund, supporting quality projects for long-term development, while garbage memes are sidelined;

8. OKX DEX aggregator will start charging from 6 PM today, with fees of 0.25% for major stablecoins and public chain tokens, and 0.85% for altcoins;

https://web3.okx.com/zh-hans/dex-fees

9. Willy Woo: The slow increase of Bitcoin this cycle is due to the selling pressure from ancient whales, the market needs to digest chips with ten thousand times returns;

10. Ondo@OndoFinance's stock tokenization market is coming;

https://x.com/OndoFinance/status/1958949354825273774

11. SBI Holdings and Chainlink have reached a strategic cooperation to accelerate institutional adoption of digital assets;

12. Arthur Hayes: HYPE is expected to have a potential upside of 126 times, that's too much, toxic milk;

[Market Analysis] The Bitcoin market is currently suffering from the sell-off by ancient OGs, while ETH has been performing strongly, with several OGs selling BTC directly for ETH, and simultaneously withdrawing funds from the ETF market, which explains why Bitcoin has been so weak recently. However, the short-term adjustment is not a big deal, and it will rise back in September;

ETH continues to be strong, but the ongoing ATH has not driven altcoins to surge significantly, such as link, uni, ena, ethfi, etc.