Last night's macro PPI data was lower than expected, the US dollar fell again, and government bonds rose, which led to a rise in US stocks and the bitcoin market. If today's CPI data continues to be positive or in line with expectations, then the September interest rate cut will basically be finalized, and the subsequent macro factors will not continue to exert negative impacts, and the much-anticipated second half will soon begin.

Macro White House officials said that the situation in the Middle East is becoming tense again and attacks may be launched at any time, which is one of the reasons why we may continue to pay for it.

On August 9, Bitcoin ETF had a net inflow of 39 million, and Ethereum ETF had a net inflow of 24.3 million.

Goldman Sachs yesterday submitted documents disclosing its Q2 holdings, including multiple Bitcoin spot ETF shares, totaling over $410 million. I won’t go into detail about the holdings, but he holds most of the ETFs for unknown reasons. This guy used to talk a lot about cryptocurrency, but he’s actually honest.

The address marked as Mt.Gox transferred out 33,100 BTC, of ​​which 33,023 BTC (worth about $2 billion) were transferred to a new address starting with bc1qpn (possibly Bitgo), and 117 BTC were transferred to the OKX address. It has been a long time since we heard from Mentougou, and now it is here. If we calculate based on the last 33,000 coins, the compensation of Mentougou should be almost over, and it has not brought any big negative impact to the market. This mountain should be almost moved.

On August 13, Grayscale announced the launch of a new fund focused on MakerDAO governance tokens. The new closed-end fund Grayscale MakerDAO Trust will be open to qualified individuals and institutional accredited investors. Affected by this, MKR has risen by more than 5% in the short term, and Grayscale has begun to lay out the RWA sector. As an old DEFI, MKR should have the best performance in this round, without a doubt, because it is related to the RWA sector. But this is similar to the company's other single-asset trusts. This fund does not allow direct withdrawals and is not an ETF, so it may cause a deviation between the fund share price in the secondary market and the price of the underlying asset.

Judging from the on-chain data, LTH has begun to resume accumulation and holding, which is very similar to the process after 519, 21 years. When these token supplies are redistributed to STH, the next bull market will arrive. With the completion of their shipments, the bull market will reach a new peak again.

Today, the 4H level resistance is very large, which is about 61500. It has been attacked for 4 times in a row but failed to break through. In addition, the US stock market rebounded too much yesterday. Today's CPI is unlikely to have too much trend impact. As long as it does not deviate too much from expectations, the shock should continue. The upward trend has not started yet and it will take time. The market has been relatively accurate in the past few days. Let's give some free applause.

Erbing is slightly stronger today, but not much better. However, Erbing's daily line pattern is very, very good, belonging to the right side high shrinking sideways. There may be an opportunity to accumulate momentum later.

SOL has weakened in the past two days and has been overshadowed by TON and other public chains. I am still optimistic about it in the long term.

Regarding the copycat version, SUI started making adjustments today, as I mentioned yesterday.

After TON was listed on BN, it started to enter the launchpool again. This is indeed the first time for an old lady to get on a sedan chair. It took 7.65 million coins from the project owner to issue a BNB holder. This should be the condition for listing on BN. It is still strong in the short term, with a resistance level of 7.

Some old guys in the copycat industry have recently started to make up for the losses, and the copycat industry is beginning to show some signs of rebounding. If the big market continues to fluctuate in the near future, some of the copycat industries will probably start to cause trouble.

Bitcoin Panic Greed Index: 30 (Panic)
#美国7月PPI低于预期 #美国CPI数据即将公布 #sui/usdt