The "8.05" bloodbath experienced by the crypto market is not far away. Those who cannot see the trend and sell their stocks have started the habit of chasing highs again. With the release of a series of economic data in the United States, the Fed's expectations of a rate cut in September have further increased. As the US election enters a white-hot stage, no matter who Harris or Trump moves into the White House, before November, they will at least not speak ill of cryptocurrencies for votes. The current crypto market can be said to be the US Bitcoin spot ETF, and the daily inflow and outflow data changes of Ethereum spot ETF are the vane of market trends. The whales and institutions are very accurate, so they created the "8.05" black swan event in 2024 and successfully got the chips they wanted. Most of these chips are bloody chips lost by retail investors. Why is the crypto market in 2024 said to be a one-man show bull market for Bitcoin? Why are altcoins not paid attention to by whales and institutions? First, there is a Bitcoin spot ETF. Second, altcoins are endlessly unlocked. Large platforms occasionally screen and remove non-compliant currencies. Whales and institutions are here for profit. No one will pay for the project. Therefore, it is still necessary to be cautious when operating altcoins. KP92877 communicates. The entire operation still needs to pay attention to changes in the news. #BTCtrend analysis#Whenwill the Fed cut interest rates? #加密市场反弹 #Bitcoinpolicy#Bitcoinmarket#Bitcoinconference