Boss's Market Record

1) $BTC New High Continues

- Unconsciously, $BTC has reached 118,000, creating a new historical high once again. Although it was expected, we still cheer for its growth every step of the way.

- However, it is strange that the long-short ratio of $BTC has dropped to around 0.5. The bearish forces are still strong, but now we indeed have to be cautious about shorting; it might just fuel the fire.

2) E is still flying!

- Yesterday, the net inflow of Ethereum ETF reached the second highest in history in a single day, with institutional funds flowing into $ETH more than $BTC. In terms of price, it successfully broke through the 3000 barrier today. It's been a while, 6 months, and finally, we see 3000 again.

- E is currently very hot. Many companies imitating micro-strategies are accumulating Ethereum, which is a major driver of this increase. Moreover, as the crypto market heats up, when many people fomo and are not satisfied with $BTC's 'slow rise', they will embrace $ETH, giving the market a huge pump!

3) Federal Reserve Releases Rate Cut Expectations

- Several Federal Reserve officials have turned from hawkish to dovish, supporting a rate cut in September, and the probability of two rate cuts within the year is increasing. A rate cut may give birth to a rate cut bull market, but whether it happens before or after the cut is indeed hard to say.

4) Shanghai State-owned Assets Supervision and Administration Commission Studies Cryptocurrency and Stablecoins

- If the whole world is embracing web3, then countries that can't keep up with the trend are likely to miss many opportunities in the future. We have kept up with AI, and stablecoins are also pushing Hong Kong to follow. Perhaps in the future, it will really be opened up?

5) $PUMP, $kernel $HYPER Harvesting Profits

- I opened two long positions in the morning, both profitable. I also avoided a wave with another hyper position and then re-entered. Overall, the returns are still good.

- Currently, $pump longs are still being held!

🧛‍♀️ Continuing to attach the Binance exclusive invitation code: DZADD8FF

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Accompanying image: Today's bike ride.