[8.25 Crypto Morning Report | Market Volatility, Whale Movements, Is the Bull Run Still Halfway Through?]
1️⃣ BTC continues its downward trend, approaching its recent low. Is this a deliberate attempt to suppress the dominance rate, or a sign of an impending reversal?
2️⃣ ETH quickly plunged after reaching a high, triggering large-scale liquidations and putting bulls to the test.
3️⃣ SOL experienced a sudden pullback after breaking through its previous high, but it remains firmly above $200, demonstrating strong support.
4️⃣ OKX launched a $100 million X Layer ecosystem fund, sending OKB soaring 9%. The market is watching for follow-up action.
5️⃣ Tom Lee stated: Most people still don't hold cryptocurrencies, and the market is still in its early stages.
6️⃣ Willy Woo noted: This bull market is being hampered by persistent selling pressure from ancient whales.
7️⃣ CME FedWatch shows: The probability of a September rate cut has reached 87.3%, while expectations for maintaining high interest rates are only 12.7%.
8️⃣ On-chain activity: An ancient address sold 18,142 BTC (approximately $2.04 billion) in one go, while simultaneously increasing its spot holdings of ETH and opening a long position on Hyperliquid.
9️⃣ Galaxy Digital founder Mike Novogratz revealed: He has established a long position in HYPE.
🔟 Bitcoin Magazine CEO asserts: The BTC bear market may be over in the next few years.
1️⃣1️⃣ Du Jun revealed: Chinese institutions are emulating the "MicroStrategy model," with one ETH treasury hoarding 300,000 coins.
1️⃣2️⃣ Berachain co-founder emphasized: ICOs and public offerings may return to the mainstream, and the large-scale airdrop model is unsustainable.
1️⃣3️⃣ 1confirmation founder Nick Tomaino's opinion: ETH's institutional holdings are healthier than BTC's.