8.11 Morning Report

An interesting situation has arisen, those making big money are getting off the train, while those who haven't made money are getting on. This situation seems to persist, and no one can guess how the market will go.

1. BTC seems to be gaining momentum, starting to oscillate upwards, approaching around 120,000;

2. ETH is showing divergence between bulls and bears, with a bunch of profitable people getting off and a bunch of unprofitable people getting on, starting to analyze the market;

3. A lot of people are buying SOL for a rebound, thinking it's going to hit ATH after the correction;

4. Federal Reserve Governor Bowman: Supports a rate cut starting in September, expecting three rate cuts within the year;

5. LayerZero Foundation plans to acquire the Stargate cross-chain bridge and its tokens for $110 million;

It seems to have merged into a dual-token system, suggesting there might be arbitrage opportunities here;

6. El Salvador's new Bitcoin bill signals a shift from retail adoption to institutional investment;

7. Michael Saylor releases Bitcoin Tracker information again, may increase Bitcoin holdings;

8. Recently celebrated its second anniversary, according to on base data, active users of Base reached 1.2565 million over the past year, an increase of 1,280.6% compared to the previous year;

9. Galaxy Digital deposited 224,000 SOL into Binance and Coinbase;

Is a new round of OTC starting?

10. Today's cryptocurrency Fear and Greed Index has risen to 69, with the market still in a "greed state";

11. A large number of "dead coins" are starting to be "pumped", among which $SOON directly topped Upbit's trading volume, currently down -40%; #ETH走势分析 #币安Alpha上新 #比特币流动性危机 #ETH巨鲸增持 #下一任美联储主席人选 $BTC $ETH $SOL