鬼谷研究院
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Market Analysis 8.26
Good morning, brothers. What are the reasons for the recent sharp decline?
How will the market trend in the future?
The reasons for the decline, our exclusive analysis is as follows:
(1) The interest rate cut in September has led some funds to believe that the positive news has run its course, so they are taking profits.
Early investors in BlackRock ETF are selling recently.
(2) Trump yesterday dismissed Federal Reserve Board member Cook, causing a huge shock in the market.
This unprecedented move signifies a significant upgrade in his offensive against the Federal Reserve, and the market is concerned that this will threaten the independence of the Federal Reserve, leading to a sharp decline in U.S. stocks. Therefore, after this news broke yesterday, BTC also dropped to some extent.
There are also other chaotic actions, such as the possibility of renaming the Department of Defense to the War Department in the coming days,
causing some funds in the market to panic and retreat.
(3) The coin WLFI released by Trump’s family has sharply declined, triggering a market downturn.
This is the third coin released by the Trump family,
which plummeted after being listed on exchanges, leading to a decline in market confidence and dragging BTC down with it.
So from a fundamental perspective, has the fundamental situation of BTC changed?
A Philippine congressman has proposed establishing a national strategic Bitcoin reserve: planning to purchase 2000 BTC annually for 5 years.
More countries are joining the strategic reserves, and many companies are still increasing their positions.
China is expected to open BTC trading within 3 years.
It can be seen that the fundamental situation of BTC has actually not changed.
The U.S. stablecoin policy is also advancing, which has actually strengthened the fundamentals of the cryptocurrency market.
Regarding SOL, a newly established wallet withdrew 80,254 SOL from Binance yesterday, worth 16.28 million USD, and pledged it.
U.S. company Sharps Technology plans to raise 400 million USD to establish the world's largest SOL treasury.
These are all positive for SOL.
In the past 24 hours, CEX has seen a net outflow of 23,600 ETH.
Why is ETH falling? Because it has risen significantly, a decline is a normal phenomenon.
22 states in the U.S. have sounded the alarm for recession, with nearly one-third of GDP already “fallen.”
It seems that not cutting interest rates is no longer an option.
From a technical perspective, BTC has dropped enough and is approaching the 120-day moving average.
The overall direction is still okay, but the market needs about a week to digest the recent negative news.
Brothers with bullets can buy BTC in batches at this position.
Good morning, brothers. What are the reasons for the recent sharp decline?
How will the market trend in the future?
The reasons for the decline, our exclusive analysis is as follows:
(1) The interest rate cut in September has led some funds to believe that the positive news has run its course, so they are taking profits.
Early investors in BlackRock ETF are selling recently.
(2) Trump yesterday dismissed Federal Reserve Board member Cook, causing a huge shock in the market.
This unprecedented move signifies a significant upgrade in his offensive against the Federal Reserve, and the market is concerned that this will threaten the independence of the Federal Reserve, leading to a sharp decline in U.S. stocks. Therefore, after this news broke yesterday, BTC also dropped to some extent.
There are also other chaotic actions, such as the possibility of renaming the Department of Defense to the War Department in the coming days,
causing some funds in the market to panic and retreat.
(3) The coin WLFI released by Trump’s family has sharply declined, triggering a market downturn.
This is the third coin released by the Trump family,
which plummeted after being listed on exchanges, leading to a decline in market confidence and dragging BTC down with it.
So from a fundamental perspective, has the fundamental situation of BTC changed?
A Philippine congressman has proposed establishing a national strategic Bitcoin reserve: planning to purchase 2000 BTC annually for 5 years.
More countries are joining the strategic reserves, and many companies are still increasing their positions.
China is expected to open BTC trading within 3 years.
It can be seen that the fundamental situation of BTC has actually not changed.
The U.S. stablecoin policy is also advancing, which has actually strengthened the fundamentals of the cryptocurrency market.
Regarding SOL, a newly established wallet withdrew 80,254 SOL from Binance yesterday, worth 16.28 million USD, and pledged it.
U.S. company Sharps Technology plans to raise 400 million USD to establish the world's largest SOL treasury.
These are all positive for SOL.
In the past 24 hours, CEX has seen a net outflow of 23,600 ETH.
Why is ETH falling? Because it has risen significantly, a decline is a normal phenomenon.
22 states in the U.S. have sounded the alarm for recession, with nearly one-third of GDP already “fallen.”
It seems that not cutting interest rates is no longer an option.
From a technical perspective, BTC has dropped enough and is approaching the 120-day moving average.
The overall direction is still okay, but the market needs about a week to digest the recent negative news.
Brothers with bullets can buy BTC in batches at this position.
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
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