Analysis of Bitcoin market on August 21: Range game, waiting for direction

Entering August 21, the Bitcoin market continued to fluctuate between the two key ranges of 61000-62000 and 57700-58500. This narrow range of consolidation not only tests the patience of the market, but also indicates the possibility of an upcoming change. Although the overall trend is upward, the current market sentiment is relatively cautious, and investors generally take a wait-and-see attitude, waiting for clear direction signals. It is recommended that investors operate flexibly at this stage, be prepared to capture possible breakthrough opportunities, and set stop losses to prevent accidents.
$BTC $SOL #新币挖矿DOGS

Jaredfromsubway.eth shockingly released: a new generation of MEV robots, complex sandwich attacks raked in millions of ETH
The crypto field is making waves again! Well-known trader Jaredfromsubway.eth made a shocking debut with his latest masterpiece, an innovative MEV robot, which raked in millions of dollars of ETH in a short period of time with an unimaginably complex sandwich attack strategy, once again proving his top strength in crypto trading.
Since his gorgeous turn on August 14, Jared has abandoned his old glory and enabled a new contract address, but the familiar public and private key pair remains unchanged, as if it is his unique badge for conquering the crypto world. Once the new robot was unveiled, it showed amazing trading efficiency and profitability. EigenPhi data shows that it has processed more than 85,000 transactions and accumulated about 765 ETH, equivalent to a huge fortune of nearly 2 million US dollars.
Jared's new robot not only inherits the efficiency and accuracy of its predecessors, but also achieves a qualitative leap in attack strategy. It cleverly uses multi-level sandwich attacks, including unprecedented five-layer and seven-layer attack modes, to accurately capture the trading moments of multiple victims, and through subtle slippage operations, raise its own transaction prices while lowering the cost of victims to maximize profits.
Such feats have undoubtedly refreshed the cognitive boundaries of the field of crypto trading, and Jaredfromsubway.eth's name has become more brilliant. In this crypto war without gunpowder, he once again proved his extraordinary strength and outstanding wisdom as a top trader. $VOXEL $LOKA $SUN #美国CPI数据连续第4个月回落

BitVM2 leads a new era: reshaping Bitcoin transaction speed and security
BitVM2 was born, with "rollup" technology as the core, and built on Bitcoin as an independent auxiliary network, redefining the transaction speed and cost boundaries while maintaining Bitcoin-level security barriers. Once Linus's original design was released, it ignited the raging fire of Bitcoin's second-layer projects. According to CoinDesk statistics, as of July, 83 projects were ready to go, covering a variety of innovative models such as rollups and side chains.
This new paradigm not only opens a new era of blockchain "bridges", allowing Bitcoin to shuttle freely between rollups, but also unlocks asset liquidity in an efficient and secure way. In the face of environmental controversy over Bitcoin's proof-of-work mechanism, experts remain firm in its position as the top security, and the market value of $1.2 trillion is + communication Junyang: 954737157 is the best evidence, far exceeding the sum of other cryptocurrencies.
Linus revealed on Telegram that his new bridge design has achieved a double leap in capital efficiency and operational convenience. "The old model was once trapped by liquidity constraints, whether it was high collateral requirements or long lock-up periods," he explained. "Now, we are reshaping the bridge experience with lower capital requirements and shorter lock-up periods." BitVM2 is leading Bitcoin to a brighter future in the name of innovation.

$CVX $RARE $SYN #美国CPI数据连续第4个月回落 #新币挖矿TON

Solana leads a new era of DePIN: building the future of decentralized physical infrastructure
In the wave of blockchain technology, the Decentralized Physical Infrastructure Network (DePIN) is reshaping the physical infrastructure of the real world in an unprecedented way. DePIN, as a data-driven pioneer, brings together physical and digital resources to efficiently manage and utilize data to empower multiple fields such as wireless connectivity, machine learning, and geospatial services. And all of this requires a powerful and flexible underlying platform as support.
Solana, with its superior processing capabilities of thousands of transactions per second, low latency, high cost-effectiveness, and vibrant ecosystem and developer community, has become a shining star in the DePIN field. Leading projects such as Render Network, Hivemapper, and Helium have chosen Solana as their innovation stage, achieving significant growth and widespread application. Taking Helium as an example, its mobile user base will double in 2024 and exceed the 100,000 mark, demonstrating the vitality of the Solana DePIN ecosystem.
With the addition of new projects such as Grass, Exabits, and Natix, the Solana DePIN field continues to grow, attracting more innovative forces. Solana’s monolithic architecture + communication Junyang: 954737157 architecture and support for resource-intensive networks have laid a solid foundation for its leading position in the cryptocurrency and DePIN fields. In the future, Solana will continue to lead the development trend of DePIN, build a more decentralized, efficient, and intelligent physical infrastructure network, and open a new chapter in blockchain technology empowering the real world.

$BTC $CVX $SYN #美国CPI数据连续第4个月回落

“They won’t raise rates again, at least for the rest of the year. Whether they can raise rates once before March next year is unclear,” Makoto Sakurai, a former BOJ board member, told Bloomberg in an Aug. 12 note.

In early August, the BOJ abruptly raised its benchmark rate to 0.25%, prompting a sharp sell-off in stocks and crypto markets.

The rate hike disrupted the yen carry trade — where investors borrow yen at low rates and use those funds to buy foreign assets.

Notably, the catalyst wasn’t the rate hike itself, but what happened afterwards: a surge in the yen in foreign exchange markets. Starting July 31, the dollar-yen exchange rate fell from around 153 yen to 1 dollar to 145 yen.

Overnight, yen-denominated loans became very expensive.

$BTC $1000SATS $DYM #加密市场反弹

BTC market analysis

In yesterday's market, Ethereum performed well and hit a new high, which fully verified our analysis of its central structure. However, in comparison, Bitcoin's trend was obviously weak and failed to show the expected upward momentum. Today, there are two strategies for Bitcoin: one is that it may experience a rebound of three waves before breaking a new high; the other is to hope that Bitcoin can follow the strong performance of Ethereum and achieve a rebound. For Ethereum, the only idea in the market is to actively go long after its pullback to grasp its upward potential. $SAGA $BTC $1000SATS #加密市场反弹

Zhao Changpeng (CZ) is about to return: Binance leader may reappear next month
The rumor of the return of Zhao Changpeng (CZ), the founder of Binance, a famous figure in the cryptocurrency world, has once again ignited the enthusiasm of the market. According to multiple sources, this industry giant who has been keeping a low profile for a long time is expected to officially return to the public eye next month and re-lead the future direction of Binance and even the entire cryptocurrency industry.
Every appearance of Zhao Changpeng is accompanied by the shock and expectation of the industry. As the soul of Binance, he has not only won wide acclaim in the industry with his outstanding leadership and keen market insight, but also promoted the rapid development of the industry with his profound understanding of blockchain technology. This return will undoubtedly inject new vitality into Binance and bring new opportunities and challenges to the entire cryptocurrency market.
With the return of Zhao Changpeng, the market generally expects Binance to take new steps in strategic layout, technological innovation, and compliance construction. Especially in the context of the increasingly complex and changeable regulatory environment of global cryptocurrency + exchange Junyang: 954737157, how Zhao Changpeng's return will guide Binance to cope with challenges and seize opportunities has become the focus of market attention.
In addition, the return of Zhao Changpeng will also bring more expectations and imagination to cryptocurrency enthusiasts. Every speech and every decision he makes may become a key factor affecting the direction of the industry. Therefore, the market is full of expectations and attention for Zhao Changpeng's return. I believe that he will continue to lead Binance and the entire cryptocurrency industry to a more brilliant future with his unique charm and wisdom. $CVP $BETA $HOOK #美联储何时降息？ #加密市场反弹

Bitcoin market analysis today

Yesterday's overall market performance tended to be bearish, and our analysis also supports this view, including two possible trends. After comparison, today's market further verifies the bearish idea. The current adjustment structure shows an obvious ABC three-wave decline, and the market is undergoing the downward process of wave A. Therefore, today's trading strategy should be mainly shorting on rallies. After the A wave correction ends, you can consider going long with a small position to seize potential rebound opportunities. $BTC $CVP $BETA #加密市场反弹

Analysis 3
Yesterday's strategy of high-altitude and low-long was well verified. The long orders in the morning were perfectly profitable in the range of 55200-54700, and Mr. Xue Ye's short orders also performed well. Today's market thinking needs to be adjusted, because the market did not break the support in the past day, but maintained a fluctuating upward trend. This trend suggests that the market may not be over yet, especially Ethereum, which may replace the decline with sideways trading and further fluctuate upward. Therefore, today we will give priority to going long at low levels. If the market price reaches a high level, we must also be prepared to go short, ensure flexible response to market fluctuations, and set reasonable stop loss points to control risks. $AI $GFT $WIF

There is one thing worth noting in this complex political and economic situation. Even though the Republican Party would normally like to curb the dollar's strength, the likelihood of a Republican victory later this year could actually boost the dollar.

Strategists including Andrew Watrus and Zoe Strauss elaborated on this in a research note on August 6. They said that although former President Trump had spoken out against the dollar's strength, they believed that Trump's policies would eventually strengthen the dollar. Looking back at history, the key dollar index surged in November and December 2016 after Trump's last victory.

The strategists also added that if the Republicans win the election, their expansionary fiscal policy agenda is likely to raise expectations for U.S. economic growth, thereby attracting capital inflows to the United States. This capital inflow will undoubtedly have a positive effect on the dollar, making it more competitive and attractive. Of course, there are many uncertainties and variables in the political situation and economic trends, and the future trend of the US dollar will be affected by a combination of factors, but the potential correlation between the prospects of the Republican election and the trend of the US dollar undoubtedly provides an important perspective for market observation and analysis.

Polymarket predicts: The probability of the Federal Reserve cutting interest rates by 50 basis points in September soars to 59%
As financial markets pay close attention to the Federal Reserve's monetary policy trends, data on the political prediction market platform Polymarket shows that market expectations for the Federal Reserve to cut interest rates by 50 basis points in September have increased significantly. So far, investor bets on the platform show that the probability of the Federal Reserve cutting interest rates by 50 basis points in September has soared to 59%. This number not only reflects the broad consensus of market participants, but also indicates that the complex challenges facing the global economy are prompting The Federal Reserve accelerates the pace of easing.
As inflationary pressures remain high, economic growth momentum slows, and geopolitical risks intensify, the market generally believes that the Federal Reserve needs to adopt more proactive monetary policy measures to deal with challenges. As one of the traditional means of economic stimulus, interest rate cuts are expected to heat up and have undoubtedly injected new + Exchange Junyang: 954737157 uncertainties into the financial market.
This forecast data on the Polymarket platform not only provides investors with an important window to observe market sentiment, but also further highlights the complexity and variability of the global economic environment. Investors need to pay close attention to the Fed's subsequent policy trends and market reactions in order to formulate reasonable investment strategies to deal with potential risks.
$GFT $AMB $BTC #加密市场反弹

Bitcoin market analysis today

Yesterday the market was weak, and we took a wait-and-see attitude to avoid blindly going long. Although we expect a rebound, the actual trend has not shown enough strength. The market has no obvious upward momentum, so we recommend that everyone wait and see with empty positions to avoid unnecessary risks. Today, we noticed that the market has approached the key support level of **63800**. This position is crucial. If it can be held, we can expect to see a new wave of rising prices, which may challenge the resistance level of **70000**. However, if the market falls below 63800, it means that the upward trend is destroyed, and we will adjust our strategy and turn to shorting. Therefore, today's operation advice is to be careful + communicate Junyang: 954737157 Try to go long cautiously, while setting a strict stop loss to protect capital. $BTC $GFT $AMB #加密市场反弹

"The global stablecoin market faces risks and challenges", which deeply analyzes the dual attributes of this emerging financial instrument. Stablecoins, as a key role in the cryptocurrency market, have shown a relatively stable price advantage by virtue of their characteristics of being linked to legal currencies or other stable assets, effectively anchoring the value of many cryptocurrencies and bringing a positive effect of reducing volatility to the market.
However, the article also reveals the many challenges on the road to the development of stablecoins. As many countries and regions around the world have begun to build regulatory frameworks for stablecoins, the problem of differences in regulatory policies has become increasingly prominent. Such regional regulatory differences not only increase the difficulty of cross-border flows of stablecoins, but may also hinder their international use, thereby affecting the overall efficiency and stability of the market. Therefore, how to promote the healthy development of stablecoins while ensuring the safety of finance + communication Jun Yang: 954737157 has become an urgent and complex task facing global regulators.
$AMB $FXS $GFT #美国政府转移BTC

BTC market analysis today

Yesterday we clarified the idea of ​​looking for low points to go long and emphasized the importance of 63500. Once this support level is broken, the market will likely drop to 62000. The price did fall to 62300 last night and then rebounded by more than 3000 points, but we think this is just an oversold rebound. From a structural point of view, the market has completely broken through the previous important support level, and the trend has reversed. The best strategy in the current rebound stage is to go short.

There are currently two main trend possibilities in the market: one is the callback to the 53300-70000 wave of rise, and the other is that the rise has ended, and it may continue to fluctuate and fall, or even reach a new low, entering a small bear market. Based on these analyses, today's operating idea is to seize the opportunity to go long on the callback, while deploying short orders at high levels to flexibly respond to market fluctuations.
$BTC $AMB $FXS #美国政府转移BTC

How, What and Why: A Brief Account of Bitcoin Holdings by the U.S. Government
I. How: Legality and Source

Bitcoins held by the U.S. government are mainly confiscated through law enforcement actions. Although legally these bitcoins belong to the government, the legality of the source and public acceptance still need to be considered.

II. What: Potential Impact

If the government becomes a large holder of Bitcoin, its management strategy will affect the market. In particular, if the government decides to sell Bitcoin to make up for the deficit, it may cause large fluctuations in market prices.

III. Why: Necessity

As to why Bitcoin reserves are needed, some people believe that Bitcoin is digital gold and can be used as a supplement to the traditional financial system. However, Bitcoin is very different from gold, and the government already has a huge gold reserve. Therefore, the necessity of Bitcoin reserves is controversial.

Summary

The issue of the U.S. government holding Bitcoin is complex, involving legality, market impact and economic significance. We look forward to more information to answer these questions. At the same time, it is key to maintain an open and learning attitude.
$BTC $XRP #美国以太坊现货ETF开始交易 $SKL

Bitcoin: Battle for the middle track, rebound signals are emerging
Yesterday's strategy focused on the shock and downward trend, but now the market has shown strong resistance at the middle track position, and a battle for the middle track of support and pressure has quietly begun. The next trend may evolve in two directions: on the one hand, the technical side may show signs of divergence, bringing a long-awaited rebound to the market. The magnitude and form of this rebound remain to be seen, but in any case, it will be an important correction to the previous downward trend; on the other hand, the market may directly reverse the situation and regard the previous decline as a short-term adjustment, and then resume the upward trend, pointing directly to the pressure zone above $70,000. In this context, investors need to pay close attention to the strength of the rebound, which is an important basis for judging the direction of subsequent operations. If the strength is insufficient, it is advisable to be cautious, and if the strength is strong, it is appropriate to arrange a callback long order.
$XRP $SKL $BTC

Trump's cryptocurrency stance suddenly changes: from criticism to support, promise fulfillment becomes a cloud of doubt
Recently, former US President Donald Trump unexpectedly announced full support for cryptocurrency at the Bitcoin Conference in Nashville. This big change in stance has attracted widespread attention in the industry. Michael Brescia, co-founder of Cerus Markets, pointed out that Trump not only promised to replace the chairman of the Securities and Exchange Commission and set up a special cryptocurrency advisory committee if he returns to the White House, but also plans to include Bitcoin in the list of reserve assets of the Federal Reserve System. However, this series of ambitious declarations is in stark contrast to his harsh criticism of cryptocurrencies during his first term, when he bluntly called cryptocurrencies "non-currency" and "castles in the air", warned that they could facilitate illegal activities, and even denounced them as "scams".
Although Trump's new stance has brought a glimmer of optimism to the cryptocurrency field, the market remains cautious about whether he can truly fulfill these promises. Analysts point out that Trump's policy stance is often influenced by political donations and interest groups, rather than based on unshakable personal beliefs. Therefore, while the cryptocurrency industry is looking forward to its support, it is also eager to see a clearer and more stable regulatory framework and in-depth and meaningful cooperation between the two sides to promote the healthy and sustainable development of the entire industry.
$CVP $CVX $BOME #比特币大会 #美国以太坊现货ETF开始交易

FTX political donation controversy resurfaces: US judge approves postponement of decision to confiscate PAC donations
Recently, the US judicial community has once again focused on the political donations of former FTX CEO Sam Bankman-Fried (SBF). According to the latest report, Judge Lewis Kaplan of the US District Court for the Southern District of New York has formally approved a request to postpone the confiscation assessment procedure involving SBF's donations to multiple political action committees (PACs) to September 13. This decision has attracted widespread attention because SBF had generously donated about $40 million to multiple political groups including the Democratic Party's House Majority PAC and Senate Majority PAC before the collapse of FTX.
The postponement stems from the request of US Attorney Damian Williams, who said that more time is needed to fully evaluate the "confiscability of funds" of these donations. This move not only reflects the cautious attitude of the judiciary in handling complex financial cases, but also highlights that the aftermath of the FTX incident is not over and its political impact is still continuing to ferment. As the deadline approaches, how the various forces will play the game and what will be the final fate of SBF's political donations have become the focus of common concern within and outside the industry.
$STMX $CTXC $CVP #比特币大会 #美国大选如何影响加密产业？

[Bitcoin mainstream prediction: Microstrategy founder leads 2024 Bitcoin feast! ]
Imagine what kind of sparks will be created when the future of Bitcoin collides with political figures, technology elites and investment giants on the same stage? The 2024 Bitcoin Conference, an annual event in the cryptocurrency industry, kicked off passionately in Nashville, Tennessee on July 25, bringing together many bright stars including Donald Trump, Michael Saylor, Cathie Wood, Robert F. Kennedy Jr., and others to jointly foresee the historic moment when Bitcoin becomes a mainstream currency.
With the strong participation of presidential candidates Trump and Robert Kennedy Jr., the conference has attracted a record number of participants in the warm-up stage. They not only brought profound insights in their respective fields, but also painted an exciting blueprint for the future of Bitcoin. At the conference, Trump's "golden sentences" frequently appeared and became the focus of the audience, while Robert Kennedy Jr. explored the potential of Bitcoin in the global political and economic landscape from a unique perspective.
In addition, Michael Saylor, Cathie Wood and other leading figures in the technology and investment community also brought cutting-edge market analysis and trend forecasts, providing valuable insights for participants. This event is not only an important milestone in the development of Bitcoin, but also an excellent opportunity for global cryptocurrency enthusiasts to witness history and look forward to the future. Let us look forward to whether Bitcoin can officially enter the ranks of mainstream currencies in 2024 as predicted by the founder of Microstrategy!
$CVP $IRIS $STMX #美国以太坊现货ETF开始交易

"The Bitcoin market is constantly volatile, and the 2024 conference is in turmoil again: Harris is absent, and Trump becomes the focus"
Hey, friends, the cryptocurrency circle on Thursday (July 25) was very lively! Bitcoin took a short-term plunge and directly fell below the $64,500 mark, which was terrifying. This is not the end. In the past 24 hours, the total amount of liquidation on the entire network reached $220 million, and more than 62,000 investors were unfortunately affected, of which the long positions lost nearly $200 million, which is really sad.
To add fuel to the fire, Mt.Gox, the former giant in the crypto industry, is still busy paying off its debts, and the panic caused by the selling wave has not completely dissipated. At this juncture, US Vice President Kamala Harris gave the Bitcoin Conference a "surprise" and announced that she would not attend the 2024 event. As soon as the news came out, it immediately caused an uproar in the circle.
David Bailey, CEO of the conference, was blunt on Twitter, saying that Harris' absence was not unexpected. After all, her attitude towards the crypto industry was not friendly before. She imprisoned developers, forced us to "go overseas", and attacked proof of work (PoW) from time to time. How could she speak at the conference? This speech was a potential disaster for her. However, Bailey changed the subject and said that now everyone's attention is focused on another big man - Trump. It seems that the next Bitcoin conference will stage another good show, so let's wait and see! $BETA $STMX $BNX #美国以太坊现货ETF开始交易 #美国大选如何影响加密产业？