U.S. 3-month Treasury auction results as of August 25 - winning Intrerest Rate

#PUMPAI#To da moonTo da moon

Tonight, the financial world will focus on Fed Chair Powell's important speech. Powell will deliver remarks on the topic of "Economic Outlook and Framework Assessment" at 22:00 Beijing time. This speech, held in Jackson Hole, may release key monetary policy signals. Ahead of the speech, the cryptocurrency market has already experienced some volatility. The price of Bitcoin has dropped by 0.74%, currently trading at $113,018. Ethereum has also not escaped unscathed, with its price falling to $2,284. Analysts point out that if Powell's remarks lean towards a hawkish stance, Bitcoin may face further downside risks. It is worth noting that, in addition to Powell's speech, several Fed officials and the President of the European Central Bank will also express their views on the current economic situation this week. These high-level statements may have a significant impact on global financial markets, particularly on the cryptocurrency market, which is sensitive to changes in interest rates. Investors and market participants should closely monitor these important speeches and be prepared to respond to potential market fluctuations. At this critical moment, it is particularly important to remain calm and rational, while also carefully assessing potential investment risks.

The digital gold mine is buried in the wasteland, and after 12 years of struggles, there's no result. 😅 Howells' story is like a modern-day kite runner: Desire: One-click to delete endless regrets Obsession: Either mine it or achieve eternal life on the blockchain. Insight: Cold wallet ≠ obscure, private key ≠ piece of paper Every time you say "let's backup later", you might lose billions! When cleaning out the storage room, make sure that you're not throwing away your future treasure map!

Recent on-chain data analysis has revealed an interesting phenomenon, suggesting that the current Bitcoin market may be in a state of bullish divergence. By observing the realized profit metric, we found that significant peaks in profit-taking occurred when Bitcoin prices reached $73,000, $100,000, and $112,000. However, surprisingly, when Bitcoin hit a historic high of $124,500, the realized profit levels were relatively low, even lower than when the price was around $110,000. This phenomenon contains profound market insights. It indicates that when Bitcoin reached a historic high, large funds did not choose to sell off in large quantities, but rather maintained a relatively cautious attitude. This behavioral pattern has formed a typical bullish divergence signal, suggesting to market participants, especially influential large funds, that they generally believe the current price level is not the peak of this bull market, and they anticipate that the market may break through higher price levels in the future. This financial behavior reflects investors' optimistic expectations for the future trend of Bitcoin. They seem to be preparing for higher target price levels rather than being eager to realize profits at the current price. This strategic holding behavior may indicate that market confidence remains strong, and investors believe that Bitcoin still has room for growth. However, investors still need to be cautious. Although current data shows bullish signals, the cryptocurrency market has always been highly volatile, and external factors such as regulatory policies and the macroeconomic environment can have a significant impact on market trends. Therefore, it is crucial to remain rational and vigilant when making investment decisions. Overall, this on-chain data provides us with valuable market insights, but investors still need to consider more factors to comprehensively assess market risks and opportunities, and develop investment strategies that suit themselves.

Many investors may be concerned about the recent Fluctuation in the Crypto Assets market, but after a deep analysis of various technical indicators, we find that there are currently no obvious bearish signals. The price trend of Ethereum shows a typical bullish flag pattern. Although there was a slight pullback after breaking through $4,200, the price remains within a bullish range. If it can break through the current area, it is likely to challenge the levels of $4,600-$4,800 again. The market capitalization chart of altcoins also shows positive signals. We have observed a descending wedge pattern, which usually indicates that the market is accumulating rather than selling off. Historical experience suggests that this pattern often breaks upward, implying that once Ethereum starts to rise, funds may flow significantly into small and mid-cap coins. In the comparison chart between Ethereum and Bitcoin, an inverted head and shoulders pattern is forming. If this pattern is confirmed, we may see Ethereum outperform Bitcoin again, which usually leads to more funds flowing into other altcoins. The price of Bitcoin seems to be retesting the local support level around $112,000 to $114,000. As long as Bitcoin can hold this area, it creates favorable conditions for Ethereum and other altcoins to rise during Bitcoin's consolidation. Overall, the current market is not in a bearish zone, but may be preparing for the next round of upward movement. This market environment—Bitcoin consolidating, Ethereum strengthening, and altcoins having the opportunity to perform—often represents typical characteristics of altcoin season. At this stage, it is crucial to maintain patience and the correct market positioning. Investors should closely monitor market trends and be well prepared to seize opportunities promptly when clear signals appear in the market.