According to historical speculation, interest rate cuts are usually accompanied by a bull market after a big drop❗ Only one soft landing has been achieved since the 1980s. This happens when the job market is improving and unemployment is falling. This time the labor market is a little bit...
The U.S. central bank cut interest rates by 0.50% on September 18, its biggest surprise since 2008. It was the first rate cut since the COVID-19 crisis in March 2020. The Fed is trying to keep inflation moving toward its 2% target through regulation. However, the Fed acknowledged that the economic outlook is uncertain and will carefully evaluate the data received at its next meeting. (Setting the stage for market volatility)
Institutions are well-fed, retail investors are starving, BTC reaches another ATH!
ETH is close to touching its historical high, volatility is expected to explode. If 4900 is rejected, it may retrace to 4500, which would be a significant drop. Breaking through 4900 could lead to a surge towards 5300, and shorts will be squeezed again.
Altcoins have skyrocketed more than 20% in recent days, and market makers are likely to conduct liquidations, trapping some leveraged players before allowing the altseason to take off. Leverage? If you can't manage your positions well, stay away; it's purely suicidal.
Personal opinion: Market sentiment is overheated, and there is a considerable risk of short-term pullback. If ETH cannot hold above 4900, chasing the high may lead to being trapped. Although altcoins are performing well, the traces of market makers' operations are evident, so caution is advised. If there is a spike, find your preferred altcoins (those with potential) to position yourself, and it's recommended to trade in spot. For contracts, when opening a large position with small losses, you must predict your expected losses; otherwise, it's not advisable to engage, as altcoins are heavily controlled!
⚡️Latest News: Tron founder Justin Sun has filed a lawsuit against Bloomberg, attempting to prevent the disclosure of its "highly confidential, sensitive, private, and proprietary financial information."
He claims that if published, it would cause irreparable harm.
🇺🇸 U.S. Treasury Secretary Becerra urges the Federal Reserve to continue lowering interest rates in September, saying the timing is late
🔹 U.S. Treasury Secretary Scott Becerra stated on Fox Business News that the current key issue is whether the Federal Reserve will lower interest rates by 0.5% in September. 🔹 He pointed out that if the employment data for May and June is weaker than initially reported, the Federal Reserve may take preemptive measures to lower interest rates. 🔹 Yesterday's U.S. inflation data was mixed, with core inflation still rising. However, the market reacted optimistically, with investors having priced in the possibility of a rate cut in September and expecting continued rate cuts within the year, believing that the Federal Reserve will prioritize protecting the labor market when necessary, rather than focusing on inflation.
Peter Thiel Invests in ETHZILLA, Promoting ETH Storage
🔹 Tech billionaire and PayPal co-founder Peter Thiel has just acquired a 7.5% stake in 180 Life Sciences, a biotech company that has pivoted to Ethereum and rebranded as ETHZilla. 🔹 Just weeks ago, Thiel and the founders' fund purchased a 9.1% stake in BitMine, a company chaired by Tom Lee (Fundstrat), which currently holds over $5 billion in ETH and plans to raise another $20 billion to acquire more. 🔹 Thiel has been interested in Ethereum for a long time, having sponsored $100,000 to Vitalik Buterin in 2014 for the development of the protocol. 🔹 Peter Thiel has a deep investment history in the cryptocurrency space, having invested in Bullish, Bitpanda, Ethereum Layer 2 Layer N, and Polymarket.
TERRA co-founder DO KWON admits to fraud and conspiracy charges, will pay $19 million in fines and faces up to 12 years in prison
🔹 Terraform Labs co-founder Do Kwon has changed his plea to guilty, admitting to two counts of fraud and conspiracy to commit fraud, agreeing to pay a $19 million fine and face up to 12 years in prison. 🔹 If he serves consecutively, Do Kwon could face a maximum of 25 years in prison, but the agreement stipulates that the prosecutor's recommended sentence shall not exceed 12 years. 🔹 Sentencing hearing scheduled for December 11. 🔹 Do Kwon has been charged since March 2023 in connection with the 2022 Terra collapse incident, he was arrested in Montenegro for using false documents, subsequently extradited to the United States and detained without bail.
BNC Invests $160 Million to Acquire BNB, Becoming the World's Largest BNB Reserve Company
🔹 BNB Network Company (BNC) has purchased 200,000 BNB tokens 🔹 This transaction makes BNC the largest holder of BNB in the world 🔹 This acquisition comes after BNC raised $500 million through a private placement led by 10X Capital in collaboration with YZi Labs.
Sudden liquidation to absorb positions, false drop true rise. Both bulls and bears are slaughtered, only the calm will prevail.
The 115K level looks very tempting. Quick drop to absorb liquidity, then attempt to rise 🤔
Short-term fluctuations build momentum, clear out weak hands before breaking out, keep a close eye on the $110K-$115K range! Pay attention to key short-term support levels, and use trading volume and RSI indicators to identify reversal signals.
The market always slaughters the greedy, quick hands should not linger in battle!
"Mysterious Whale" restarts $ETH short position, using 15x leverage, holding 30,000 $ETH , total value 127 million USD, currently floating profit 1 million USD.
⏰ Token Unlock Reminder for This Week (August 11 - August 17) The following crypto projects are about to unlock tokens, which may affect market dynamics: $APT 、$EIGEN 、$AVAX 、$STRK、$XCN、$SEI、$ARB、$ZK、$APE
📢 Investors Note: Token unlocks may cause price fluctuations, so it's recommended to closely monitor related project dynamics and make informed investment decisions!
Speaking of Xiao Hei, everyone should be familiar with him, the founder of perpetual contracts and also the 'inventor' of funding rates. What has he secretly bought this time? Let's track it!
Following the surge of $ETH, Arthur Hayes has purchased $7.93 million worth of 4 types of #Ethereum ecosystem tokens in the past 24 hours, including: • 1,500 $ETH ➠ approximately $6.35 million • 424,863 $LDO ➠ approximately $556.6K • 420,000 $ETHFI ➠ approximately $516.6K • 92,005 $PENDLE ➠ approximately $507K
BTC is about to challenge ATH, but some large whales in altcoins are making frequent small moves...
Just caught a whale, the CEO of nansen_ai transferred 1 million $LDO ($1.46 million) to the platform half an hour ago.
He obtained 5 million LDO as an investment/advisory allocation from Lido in December 2020, and after this transfer, he still holds 1 million LDO. Is this a strategy for gradual profit-taking?
Will the classic script of 'institutions feast while retail investors starve' be performed again?
Institutions are buying wildly, while retail investors are panicking and selling off — will ETH in the future be like Lafite? What exactly are these 'smart money' up to!
Another mysterious whale quietly accumulated 49,533 ETH (worth $212 million), and in the past week has absorbed a total of 221,166 ETH (up to $946.6 million) from various platforms. This should be a bold strategic layout in the later stages — they are avoiding market volatility through OTC, snatching goods directly from top custodians, likely preparing for long-term holding rather than short-term speculation.
And what about retail investors? ETH has reached its peak, and everyone is desperately selling or shorting; the future situation is uncertain, but reaching the expected target and taking profits in stages is always the right move, cashing out brings peace of mind!
Market trends sometimes are not just driven by speculators but are guided market behaviors that induce retail investors to buy in, and then the institutions use this profit point to harvest!
The more fiercely retail investors sell, the more jubilantly institutions buy, which is often a prelude to a bull market. In the future, ETH is likely to go further; a non-volatile crypto market is truly boring to the core. Recently, everyone should pay attention to the ETH chain; there may be a big gold dog FOMO market, and becoming rich overnight is not a dream — keep your focus and it can definitely happen!