8.16 Lab Daily:

The market is still dominated by 4-hour fluctuations. The currency is relatively weak relative to the US stock market. There has not been much bad news recently. On the contrary, the recession expectations are decreasing, and the economy is expected to get better.

Strategy: If the spot price falls, it will be replenished, and it will not fall too deep.

1. The monthly rate of retail sales in the United States in July, known as the "horror data", was 1%, far exceeding expectations;

The number of initial claims last week was slightly lower than expected, falling to the lowest level since July;

The crisis about recession has come to an end for the time being, and the market has turned its attention to the interest rate cut in September.

2. @CNSR_btc announced that it will airdrop $CNSR to all Rune Stone holders. In order to pay tribute to the founder of Rune Stone

@LeonidasNFT

set the standard, and also start the free and fair distribution from Rune Stone.

3. Defiance launches leveraged ETF to expand MicroStrategy's earnings; SEC approves the first leveraged long MicroStrategy ETF;

4. Coinbase analyst: ETH and SOL are the main "beta investment" targets in the crypto market, and their volatility is higher than the overall market;

5. USDC Treasury mints 250 million USDC on the Solana chain;

6. Real Vision analyst: The global liquidity model has shown a bullish signal for the first time since November 2023, and Bitcoin may be about to rise sharply;