The market has exploded! Bitcoin (BTC) touched 122,000, just a step away from breaking the previous high of 123,000. Ethereum (ETH) is even more aggressive, directly breaking through the previous high of 4,300, flying with Bitcoin! All altcoins are surging together! Why? The total market capitalization of the entire market has surged to a historical high of 4 trillion USD! In this market, blindly buying the top 200 coins by market cap (avoiding stablecoins and pure junk) has an 80% chance of rising. Don't believe in any "ambush masters"; even pigs can take off now.
Review: Violent reversal after a major drop
At the end of July, Powell stubbornly said no interest rate cuts (for the fifth time), and the market (US stocks, crypto) collapsed completely. On August 1, Trump raised tariffs, and global markets continued to fall. BUT! The reversal came too quickly!
Key turning point: Employment data slaps the face!
The non-farm payrolls announced on August 1 only increased by 73,000, far below expectations! This directly slapped Powell in the face—didn't you say the economy was good so you wouldn't cut rates? With employment so bad, the environment is obviously not good; rate cuts should happen!
Interest rate cut expectations: Rekindled! Set in stone?
Federal Reserve Vice Chair Michelle Bowman directly stated: July's employment is so poor, supporting three interest rate cuts this year! She said inflation is mainly due to Trump's tariffs and is not a major issue.
Other officials have differing opinions, but more and more (like Kashkari, Cook, Daly) are easing up: If unemployment continues to rise, support for faster rate cuts.
The market is betting wildly: CME tools show the probability of a rate cut in September is close to 90%! Major banks like J.P. Morgan also predict a cut in September, with three more to follow.
Second major benefit: Trump's "Big Pipe" plan
On August 7, Trump signed an order allowing the massive 401K pension funds in the United States (about 12.5 trillion USD!) to invest in cryptocurrencies and other alternative assets. Note:
Doesn't mean you can buy immediately! Institutions need to develop compliant products, and employers need to change rules; this could take months or even years.
Experts estimate: Ultimately, there may be 10 billion to 240 billion USD in real money flowing into the crypto market each year! Compare this: currently, all BTC + ETH ETFs combined only total 168 billion. This is a long-term super benefit!
Core data of the crypto market: The wind has shifted
Bitcoin's "territory" share has finally dropped below 60%! This is a signal that funds are starting to flow into other coins.
Ethereum's share surged to 12.8%! But compared to history (30% in 2017 bull market, 21% in 2021), ETH is still in the early stage of "catching up"! There is a lot of room!
ETFs are firing on all cylinders (especially ETH!)
BTC ETF: After falling for three days in early August, funds continued to flow back in. Today's coin price surged, and the data looks good.
ETH ETF is even more aggressive: After outflows on August 1-2, it is now firing on all cylinders! On August 8 alone, 460 million USD flowed in!
Institutions are going crazy for ETH! On-chain data shows that "strategic reserves" of ETH have reached 2.73 million! The purchasing speed is four times the issuance speed (it was only 1.1 times two weeks ago)! BitMine (620,000) and SharpLink (430,000), these large holders are still crazily increasing their positions, and the ETH version of "MicroStrategy" competition has begun!
Final moment? How will the future unfold?
This wave of market (BTC soaring from 15,000 to over 120,000, ETH violently catching up) has indeed reached a crucial sprint stage in the four-year cycle. The consensus is: BTC to 150,000 or even 180,000 (an increase of 10 times+), ETH to 6,000 or 10,000.
Two possibilities:
"Final phase" violent surge followed by deep correction: Similar to previous cycle endings.
"Long bull" slow rise and gradual fall: Because the interest rate cut cycle has just started (possibly three times) + long-term benefits from 401K. Even if it falls, the extent might not be that deep (for example, 30%? Like in 2024).
How to operate? It depends on what kind of person you are:
Long-term investors (10-30 years outlook): Hold onto BTC! Don't sell! Make money off-market, invest spare money in BTC regularly. Learn from Nine Gods, CZ, MicroStrategy; holding is the way to go. ETH, as number two, also has no major issues holding for a long time, stable operation for ten years; the financial system needs this stability.
Short-term players: This peak can be considered for swing selling. But remember: how many times can you keep betting right? Once is luck, it doesn't mean it will work every time.
The core message is: Now is the sprint period of a bull market, with data, policies, and capital all favorable! Hold onto mainstream coins (especially BTC/ETH), choose the right direction (long-term/short-term), and don't get left behind! This once-in-four-years moment, keep your eyes wide open, don't be timid, but also don't get too reckless!
#加密总市值创历史新高 #BTC重返12万 #币安Alpha上新
Continue to focus on: bnb btc eth c
Bull markets wait for no one; learning on the fly is too late! Exploring on your own is prone to pitfalls; it’s better to follow the right people. Talent is not essential; the key is to follow the right mentors, pay attention to me, help you avoid traps, and seize this wave of market dividends!
