According to Wu, the latest report from QCP Capital pointed out that the deputy governor of the Bank of Japan downplayed the possibility of another interest rate hike in the near future, which promoted the rebound of the crypto market, but Ethereum still performed poorly. Jump Trading continued to sell ETH, and currently has 21,394 $wstETH (about 63.6M USD) remaining. Optimistic about BTC, seeing a large number of call options bought in December and March, major funds are also rolling long-term bullish positions in September.

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