Many traders today have many opinions on the rise of BTC, including MSTR buying BTC, the 50 basis point interest rate cut and the SEC's explanation of Token securitization. In addition to the 50 basis point interest rate cut, they are indeed helpful to market sentiment, but in fact, the rise is most likely driven by the SEC's explanation of Token securitization. This is a big step forward compared to the previous all Tokens are securities attributes. It is just believed that some Tokens are sold by securities means, so as long as the Token is not named by the SEC, it can be regarded as non-securities.

Although this is nothing to many people, it is a relief for many projects in Europe and the United States. After all, no one wants to be the next target of the SEC, so the market has given very positive feedback. Of course, the main expectation of the market is still that the Federal Reserve will cut interest rates by 25 basis points. The discussion and expectation of 50 basis points still needs Nick to add fuel to the fire.

Back to the BTC data, we have been emphasizing recently that more BTC is moving towards long-term and high-net-worth investors, so it is very normal for the market turnover rate to remain at a low level. The same is true today. Although the price has risen, there is no sign of excessive turnover.

At present, the main force of turnover is still the investors who bought the bottom in the past two days. It is obvious from the data that short-term profit investors provide the largest amount of turnover, and it also shows that short-term investors are not optimistic about the future trend. Although these words are said every day, this shows that the stability of the market for a long time is actually happening in this way.

Earlier investors did not overreact, and the current price is not enough for them to hand over their chips. Today is the weekend and investors are in a good mood. Even if the liquidity is at a low point in the next two days, there should not be much shock! #新币挖矿CATI #美国8月核心CPI超预期 #美国大选如何影响加密产业？ #ETH🔥🔥🔥🔥 #BTC☀