According to Odaily, the Japanese stock market has rebounded to pre-crash levels today. However, investors are advised to remain cautious ahead of the upcoming US Consumer Price Index (CPI) data release this week. The market is closely monitoring the inflation data to gauge whether the Federal Reserve will opt for a 50 basis point or a 25 basis point rate cut in September, with both probabilities currently being equal.
Additionally, the cumulative inflow of the ETH spot ETF has surpassed $901 million following a net inflow yesterday. Notably, Grayscale has achieved zero outflows for the first time, providing strong support for ETH prices and potentially acting as a catalyst for a stronger recovery in ETH.