Yesterday, driven by the US stock market, Bitcoin jumped up and down wildly around 60,000, from 58,000 to 60,000+, jumping back and forth, and the hourly K-line showed an amplitude of more than 3% continuously. People who do contracts are miserable when encountering such fluctuations, but it finally stabilized at 59,000. Macro White House officials said that the situation in the Middle East has become tense again, and attacks may be launched at any time, which is one of the reasons why we may continue to buy orders

On August 9, Bitcoin ETF had a net inflow of 27.8 million, and Ethereum ETF had a net inflow of 5 million. Market fluctuations are affected by US stocks. Musk and Trump did not mention cryptocurrency during the live broadcast, but Musk kept saying YEAH during the conversation, and the meme called YEAH was born. The trading volume in 2 hours was 10.28 million, which was a big roller coaster. If you rush in slowly, you will be harvested by the dog dealer, and the harvest is very fast. Arthur Hayes, co-founder of BitMEX, said in a blog post that the US Treasury will inject 301 billion to 1.05 trillion US dollars before the end of the year, which is expected to bring a pre-election bull market for risky assets such as cryptocurrencies. If this is really the case, it will be the next wave of real gold and silver bull market. The market is stabilizing, and it may rise with the general trend in the future, but the increase is limited. The current moving average is glued together, and it is expected to be mainly oscillating and consolidating, which is suitable for low-absorption and buying on dips. It may take several days to sort out the range of 57000-63000

The exchange rate of the two cakes was hard this morning, and then soft again. This ETH is really deceptive. Every time it wants to break through, it is suppressed

The exchange rate of SOL is basically the same as that of the big cake

For the cottage industry

SUI has begun to rush up with the public chain. In a week, SUI has doubled from the bottom, but judging from the large-scale pin yesterday, it needs to be repaired and adjusted in the short term

The market value of SATS exceeds ORDI and becomes the number one inscription, but ORDI has also caught up. This phenomenon is closely related to the launch of the Fractal Bitcoin mainnet. Fractal Bitcoin can expand the Bitcoin blockchain into a computing system, maintain consistency with the main chain, and is a native expansion solution for Bitcoin, supported by the Unisat team. The consensus mechanism is the same as Bitcoin, supports mining on a variety of hardware, has fast block generation, and has independent reward tokens

ARB hit a new low, fortunately leaving the market early. Ethereum is dragged down by junk L2 projects. Its market value is high, but the project owners do not develop the ecosystem and only want to distribute chips, which leads to the ecosystem relying on its monetization, forming a vicious cycle.

Bitcoin Panic Greed Index: 31 (Panic) #meme币 #sui/usdt #SATSUSDT