My younger cousin pushed the second wealth code this morning, $PLAY currently looks like a rebound trend, you can make a small position layout, current price near 0.0542 more, stop loss if it falls below 0.05, target above 0.68.
On August 15, the inflation data released by the United States met market expectations, further reinforcing the Fed's interest rate cut expectations.
It is noteworthy that the latest analysis shows that the correlation between Ethereum and traditional U.S. stocks has surpassed that of Bitcoin, reflecting the accelerated integration of crypto assets with mainstream financial markets.
The current upward trend in the crypto market exhibits obvious institutional characteristics, with the main driving force coming from the sustained accumulation by three types of heavyweight investors—asset management firms, corporate funds, and sovereign entities.
Market observers point out that this round of growth benefits from the resonance of three factors: the release of liquidity easing signals due to alleviated inflation pressures, the lowering of institutional participation thresholds through compliant financial instruments like ETFs, and the value reassessment brought about by the application of blockchain technology.
Cousin is so unlucky today, pushed several knockoffs, all of which had seen the curve, but ended up dropping when they should have risen, and rising when they should have dropped. Shorting them made them rise again, and going long made them drop again. Cousin is really having a hard time.