According to Odaily Planet Daily, QCP Capital's latest report shows that the Japanese stock market has rebounded to pre-crash levels today. However, investors still need to remain cautious before the release of US CPI data this week. The market will focus on inflation data to determine whether the Federal Reserve will cut interest rates by 50 basis points or 25 basis points in September, and the probability is currently equal.
In addition, the cumulative inflow of ETH spot ETFs has exceeded US$901 million after yesterday's net inflow. It is worth noting that Grayscale has achieved zero outflow for the first time, which provides strong support for ETH prices and may become a catalyst for a stronger recovery of ETH.