BTC may be in a range-bound state until November due to the US presidential election.
Bitcoin miners' income fell to a 12-month low in August.
US spot Bitcoin ETF had a monthly net inflow of 975 BTC in August.
The total transaction volume on the Bitcoin and Ethereum chains fell by 15.3% in August.
$BTC Crypto market spot inflow - the outflow has decreased in the past five days, and the inflow in the past five days is 120 million US dollars
$ETH Crypto market spot inflow - there is still a large amount of outflow in the past five days, and the outflow in the past five days is 250 million US dollars
Currently, BTC has rebounded from a minimum of 57,000 US dollars, which is the same as my analysis on the 30th and 31st.
【 Figure 2, 3 】 I gave SOL last time to buy at 131-126 USD. The market fell to 126.8 USD and rebounded. The upward momentum in the last 4 hours is very strong. The price has risen because many exchanges announced the listing of SOL liquidity pledge. In addition, I think the price can maintain a stable upward trend.
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Layer 1 full-chain smart contract platform Gravity is going to be on the first network. It is a project developed by Galxe.
$G token is the second generation of GAL with highly empowered functional tokens: redefined economics, more perfect token empowerment, more efficient token supply and demand. In the GAL era, there is no empowerment effect and no purchasing demand, and there is no liquidity market without purchasing demand. It can be said that it is just for the sake of issuing coins.
G token model Because of the problem of Layer 1, G token will be used as the network's Gas consumable token, and the price will be controlled through a more perfect supply and demand effect. Through G, it has also become a functional token of the network, which can be used as a staking node certificate, DAO autonomous certificate, liquidity value anchoring and other functions.
G is many times more useful than GAL.
