Taking advantage of the 1h still slowly climbing to warm up the bottom, combined with a series of recent events, the following inferences are made:

Last month's non-agricultural and CPI data attracted the attention of funds, and some other data at the end of the month confirmed this situation. Based on the expectation of the Fed's interest rate cut, funds entered the US stock market in advance

The increase in US stocks has been transmitted to the cryptocurrency circle. Considering the recent negative news of Mtgox, cryptocurrency funds have also recently switched positions and invested in US stocks, and US stocks have risen sharply

Subsequent situation:

Short-term funds that have benefited from the increase in US stocks will gradually start to arrange bottom-fishing in the face of the golden pit of the cryptocurrency circle

When the Fed announced a rate cut, US stocks faced selling pressure, and the cryptocurrency circle just started