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ETF funds are now clearly diverging, and the market is reallocating assets
The latest ETF data shows a significant change in the capital allocation pattern in the crypto market, with capital flows between different coins becoming fragmented.
Bitcoin ETFs recorded a net inflow of about $101.15 million, after previously experiencing an outflow of $236.5 million. This reversal indicates that after a round of selling pressure, some buyer funds have returned to BTC, and institutional capital is beginning to reposition Bitcoin.
However, the market did not rally broadly; funds show clear divergence. Ethereum ETFs recorded a net outflow of $48.08 million, interrupting the previous continuous inflow trend. XRP ETFs also saw an outflow of $7.2 million, ending the prior consecutive inflow state.
The capital pattern clearly shows: BTC is seeing capital return, while ETH and XRP are facing capital flight. But this does not mean investors have completely abandoned ETH and XRP; it is more likely that the market is undergoing asset rebalancing.
Funds are switching and allocating among different crypto assets based on short-term strength and weakness in the market, risk appetite, and macro expectations. The concentration of funds into BTC reflects institutions' current preference for a risk-averse allocation strategy, prioritizing assets with greater certainty.
Single-phase ETF data can only reflect short-term portfolio adjustments and cannot be directly equated with long-term trends. Ongoing monitoring is needed to see if funds continue to flow in, combined with price trends and macro news for a comprehensive judgment. Conclusions about the market should not be drawn based solely on a single set of fund data.
$BTC $ETH $SOL
#FOMC前最后一组数据：本周五非农 Friday’s NFP is no longer just about the headline job number. Watch the revisions, unemployment, and wages. 👀 The August U.S. jobs report is due this Friday, September 4, at 8:30 a.m. ET / 20:30 Beijing time. With the September 15–16 FOMC meeting approaching, this could be one of the most important macro releases for $BTC, $ETH, the dollar and gold. July already gave the market a warning. Instead of adding roughly 85K jobs, the U.S. economy recorded a 23K decline, while previous months were revSeptember 3, 2026, 19:15-19:30 (UTC), BTC rose 0.42% within 15 minutes, price ranged from 81,181.6 to 81,612.0 USDT, with an amplitude of 0.53%. In the previous 24 hours, it accumulated a 4.72% increase, rebounding from 76,966 USD to 80,974 USD, returning above the 80,000 mark.
Core drivers: Federal Reserve Governor Waller signaled a dovish possibility of pausing rate hikes in September, stating that if the inflation report on September 11 maintains the trend, it will support keeping rates unchanged. The probability of a rate hike in September on Polymarket dropped sharply from 59% to 43%, strengthening risk assets. Meanwhile, the US-Iran conflict escalated, with US strikes on Iran and Iranian retaliation against allies, pressuring the Strait of Hormuz. Oil prices broke through 91 USD, gold approached 4,466 USD, and safe-haven spillover supported Bitcoin's "digital gold" narrative.
On-chain non-zero addresses surpassed 60 million, indicating solid confidence among long-term holders, but short-term overbought signals are evident: multi-period RSI is overbought, 15-minute ADX reached an extreme value of 80.57, 1-hour MACD formed a death cross, and short-term correction pressure remains. Going forward, attention should be paid to the US inflation report on September 11 and the trajectory of the US-Iran conflict; if the conflict escalates or CPI cools down, BTC is expected to stabilize around 80,000 USD; if inflation rebounds or geopolitical tensions ease, correction risks should be watched.#clarity Bill 15% chance of legislation in 2026, life or death on September 15! SEC Chair speaks out: Will the CLARITY Bill pass this time? $BTC
Brothers, SEC Chair Atkins is calling again, saying the Senate will hold a procedural vote on September 15, hoping to get the CLARITY Bill to Trump's desk for signing by the end of the month. $ETH
Honestly, the industry currently has low expectations for this; the probability on Polymarket is only about 15%. The resistance isn't from the industry itself but political maneuvering—the Democrats want to use this to block Trump, since his family is deeply involved with crypto assets, and the conflict of interest clause is unresolved. $SOL
Atkins insists it can pass mainly because the Republicans are unanimously supportive, and they only need to pull 4 Democrats to reach the 60-vote threshold. Institutions like Coinbase have been lobbying hard in DC recently, but time is tight, with many issues queued for votes in September.
Regarding price impact, if the bill passes, it will be a long-term positive; BTC, ETH, and SOL's commodity status will be directly written into law, and ETF funds will continue to flow in. But if it fails on September 15, expect a short-term crash, especially for altcoins like SOL that rely on ETF lifelines. Before the news is finalized, the market will likely price in pessimism in advance 🔥$BTC 80,000 is like a barrier — it has tried to break through five times and bounced back five times. 🧱
BTC rose from 64,000 to 81,000 in less than two weeks, but since September, it has repeatedly failed to break through 80,000. There are three strong resistances here: Coinbase premium index has been negative for four consecutive months, US buying volume remains weaker than international platforms. Most of the ETF inflows come from BlackRock IBIT alone, indicating an unhealthy capital dispersion structure. The probability of a rate hike in September has surged to 68%, US Treasury yields have returned to 4.8%, putting natural pressure on non-interest-bearing assets. On-chain, 80,000-82,000 holds 8% of the total supply, making it the most densely resistant price range in history, which also happens to be the average cost line for ETF investors — both institutions and retail investors want to break even or make a small profit before exiting.
Friday's non-farm payrolls are key. Better-than-expected employment → rate hike expectations continue to rise → BTC may retest 76,400; weaker data → rate hike probability falls → BTC is expected to bounce back above 80,000.
77,400-77,650 is the first line of defense; breaking below may lead to 76,400 or even 73,500.
If 80,000 can't hold, it's not that BTC is weak, but that macro factors, capital, and supply pressure are all weighing down simultaneously. Waiting for data, waiting for the wind to change. 📊
👇 Let's chat in the comments, do you think this wave will first dip to 76,000, or will it break 80,000 directly after the non-farm?$DGAI $ZEC
DGAI: Current price 0.7968, up 17.18% in 24h. After rising from 0.649 to 0.8438, it pulled back, currently digesting between 0.769—0.800 on the 15m chart. OKX's perpetual contract launch on September 3rd is a verified event; this wave looks more like trading heat and turnover after the listing rather than being directly driven by fundamentals. Funding rate is 0.005%, OI about $350,000, leverage heat is not extreme. DGrid does decentralized AI inference and model routing, DGAI is used for network incentives and governance. No confirmed recent catalysts; watch if it can hold 0.769 and then 0.800, be cautious of high volatility typical for new tokens if it fails to rise or breaks down. ⚠️
ZEC: Current price 967.49, up 19.60% in 24h. On the 15m chart, it pushed from 946.22 to 979.64 with increased volume, funding rate 0.01%, OI about $155 million, the breakout is real but bulls are starting to get crowded. It is a privacy chain focused on shielded transactions; Ironwood NU6.3 was activated on July 28, which is already implemented and not a new positive catalyst. No confirmed recent catalysts; only consider continuation if it holds above 980 with volume, beware of profit-taking if it falls below 946. 🚨
#DGAI #ZEC #DecentralizedAI #PrivacySector#FOMC last set of data before the meeting: Nonfarm payrolls this Friday
Bitcoin is still fluctuating around 77900, not much change from the past two days, bouncing back from 76200 to 78000, then grinding around 78000 for a day.
Tonight the August nonfarm payroll data will be released; this is the last employment report before the September 16 FOMC meeting and currently the only variable that can move the market.
ADP employment only increased by 38,000, the Beige Book says employment growth slowed in 10 districts, the data is indeed cooling down.
A weak nonfarm payroll report may reduce the probability of a rate hike, but the real decision on whether to raise rates in September depends on next week's CPI.
If nonfarm payrolls exceed expectations, it may continue to look for support lower. If it falls short of expectations, there is a chance to retest 79000-80000.
#黄金ETF增持近10吨，期权波动受关注 $ETH $BTC Ethereum is moving higher again, but the most interesting part of this rally may not be the price. It is the amount of $ETH that is becoming less available to the market. $ETH gained roughly 32.6% in August making it one of the strongest months of its 2026 recovery. The move has continued into September with ETH recently trading around the $2.4K–$2.5K region. But this time the supply side deserves more attention. 🟣 A large amount of ETH is becoming less liquid Recent data puts Ethereum staking From 19:15 to 19:30 (UTC) on September 3, 2026, BTC rapidly rose within 15 minutes, yielding a return of 0.42%, with a price range of 81181.6 to 81612.0 USDT and an amplitude of 0.53%. The market rebounded within 24 hours from a low of about $76,966 to around $80,974, an increase of approximately 4.72%, with significantly intensified volatility and an overall warmer risk asset sentiment. The core drivers of this fluctuation come from two aspects. First, Federal Reserve Governor Christopher Waller released dovish signals, clearly stating that if the inflation report on September 11 maintains the current trend, he will support keeping interest rates unchanged in September. The probability of a rate hike in September on Polymarket plummeted from 59% to 43%, with the market quickly pricing in improved liquidity expectations. U.S. Treasury yields fell, and the Dow Jones and Nasdaq surged on the same day, directly benefiting BTC and other risk assets. Second, the sharp escalation of the U.S.-Iran conflict caused a resonance of risk-off sentiment. The U.S. military launched a new round of strikes against Iran (including hitting air defense facilities and maritime assets), and Iran immediately retaliated against U.S. allies in the Gulf region, putting pressure on commercial shipping in the Strait of Hormuz. WTI oil prices broke through $91, gold approached the historic high of $4,466, and the macro risk-off environment provided additional upward support for BTC. The broad strength in commodities also reinforced BTC's inflation hedge narrative. Technically, the short-term RSI is in the overbought zone, the 1-hour MACD shows a death cross, indicating short-term correction pressure; however, the daily moving averages remain bullish $BTC defended the $76,300–$76,500 area and has recovered toward the $77,500–$78,000 zone. The rebound is encouraging, but I’m not convinced the market has fully turned bullish yet. One major change is happening on the macro side. Fed rate-hike expectations have pulled back sharply from the recent highs. After Federal Reserve Governor Christopher Waller’s comments, market pricing moved closer to a 50/50 split for a September hike, easing some of the pressure on risk assets. But there’s still a prUNI has already taken off, while ARB is still at the bottom of the monthly chart?
If you missed the UNI rally, you might want to take a look at ARB.
Robinhood Chain has been online for only two months, with cumulative fee revenue reaching as high as $13.05 million, and an annualized revenue scale of about $110 million. Currently, the chain's TVL is approximately $738 million, and the 24-hour DEX trading volume reaches $1.595 billion.
According to the cooperation agreement between Arbitrum and Robinhood, Robinhood Chain must return 10% of the protocol's net income to the Arbitrum ecosystem—of which 8% flows into the Arbitrum DAO treasury, and 2% is allocated to the Arbitrum Developer Guild. Based on current cumulative income calculations, about $1.3 million has already directly flowed into the Arbitrum ecosystem.
However, ARB's narrative has a unique aspect: it is neither the Gas asset of Robinhood Chain nor does it have a mechanism where ARB is burned with every transaction. ARB's value capture belongs to the "tech stack and ecosystem narrative mapping"—it relies on expectations brought by ecosystem prosperity rather than hard consumption.
In the past two weeks, ARB has risen by 46.7%. Although it has increased significantly in the short term, from a monthly perspective, ARB is still in the historical bottom area. #21家金融机构拟推美元稳定币 Tomorrow night at 8:30 PM, the August nonfarm payroll data will be released as scheduled; this is also the last employment report before the Federal Reserve's policy meeting. Market attention often focuses on the number of new jobs added, but what truly deserves scrutiny might be the subsequent revisions to previous data by the Bureau of Labor Statistics.
The last report left a hint: July employment decreased by 23,000, and May and June were revised down by a total of 103,000. In other words, what initially appeared to be solid job growth significantly shrank after review. If tomorrow night’s new data turns positive, the headline figure will certainly look strong, but if previous data is revised down again, the authenticity of the employment trend improvement will be questionable. Focusing only on the first line of the breaking news makes it difficult to understand the real logic behind market trading.
For $BTC, a cooling labor market may not necessarily be a direct positive. It might ease expectations for rate hikes, but if the market instead worries about weakening economic momentum, capital might choose to sell first as a risk-off move. Therefore, more than the single number, whether the new employment data can withstand revisions and whether wage growth declines in tandem are the more critical points to watch. Drawing conclusions about the September rate path based on one night’s data is somewhat premature.
It is also important to note that nonfarm payrolls are not the last economic indicator before the policy meeting; the CPI on September 11 is still ahead. Even if tomorrow night’s directional judgment is correct, it is far from a stage where one can confidently hold positions. Market volatility often oscillates between expectations and revisions, so maintaining caution is more important than chasing short-term directions. Risk reminder: macro data may be subject to revisions, and the crypto market is highly volatile; please manage your positions rationally.UBS is bullish on gold but stumbled, privacy coins dance alone while tech stocks tremble
#FOMC last set of data before the meeting: Nonfarm payrolls this Friday
$XAU closed at 4488 on September 3, up about 2.8% from 4366 on the 2nd, but still nearly 5% below the high of 4599. UBS just raised its 2026 target to $5000, with short-term bulls accounting for 83%, indicating severe overbought conditions. The divergence between institutional bullishness and price suggests the high-level distribution is not over; after reclaiming the 4400 level, whether it can hold above 4500 will determine if the correction has ended.
$QQQ around 715 on September 3, Nvidia’s earnings beat expectations but the stock stalled, showing capital disagreement on tech stock valuations. September’s PCE and nonfarm payrolls are key directional indicators. With short-term moving averages in a bearish alignment, only a volume-backed recovery above 720 can confirm stabilization; otherwise, the 700 level faces a test.
$ZEC around $820, privacy pool share hits a record high of 31%, with compliance progress providing differentiated positioning. However, futures leverage far exceeds spot, increasing volatility risk after short-term overheating; a pullback confirmation is safer than chasing highs.
$SOL V1 trading system launched on September 9 along with rent reductions, marking a key ecological iteration; $RE Russia’s crypto law took effect on September 1, treating digital currency as property and allowing cross-border settlements, gradually releasing compliance dividends; $BEAT entered an oversold recovery after August unlock shocks, with the weak structure not yet reversed, awaiting volume confirmation for a turnaround.
#黄金ETF增持近10吨，期权波动受关注 #21家金融机构拟推美元稳定币 Tomorrow night at 8:30 PM, the U.S. will release the August nonfarm payroll report, which is also the last nonfarm data before the September interest rate meeting. The real market focus may not be on the number of new jobs added itself, but on the magnitude of revisions to previous figures. 📊
The last report showed that July employment was revised down by 23,000, and May and June combined were revised down by 103,000. In other words, what was previously considered strong job growth is gradually being "watered down" by the data. If the new data tomorrow night shows an increase, it may appear positive on the surface, but if previous figures are again significantly revised downward, the overall employment trend may not have truly improved. Just reading the news headlines might make it hard to understand what the market is really trading on.
For $BTC, this data may not be directly positive. Cooling employment could ease rate hike expectations, but if the market instead worries about weakening economic fundamentals, funds might choose to sell first for safety. What’s more worth watching is whether the new employment figures can withstand subsequent revisions and whether wage growth declines in sync. Judging the September policy direction based on a single data point is still premature.
A reminder: although this is the last nonfarm report before the meeting, the CPI is still to be released on September 11. Even if the direction is correctly judged tomorrow night, it is far from a time to hold with confidence. ⚠️
Risk warning: Market volatility is uncertain. The above content does not constitute any investment advice. Please view data and market conditions rationally.#Saudi crude oil exports fall to a 9-year low, oil prices soar
Oil prices remain high, the US-Iran situation has not truly cooled down, yet $BTC has surged back above $80,000, and US stocks have risen together.
What exactly is the market trading now?
Previously, the market was trading a very clear logic:
Energy prices rise → Inflation pressure → High interest rate expectations → $BTC and US stocks under pressure.
But the biggest change now is that the market is no longer following this logic.
Geopolitical risks have not disappeared, energy pressures remain, yet BTC has not weakened further; instead, it has rebounded along with mainstream coins like $ETH and $SOL, and US stocks have strengthened in sync.
My current judgment is that short-term funds are shifting from "trading war and energy shocks" to "trading interest rate paths and risk appetite."
This is also why I think we can no longer just focus on the daily new developments in the Middle East.
There are really only two signals worth watching:
First, whether crude oil can continue to hit new highs.
Second, after BTC stands above $80,000, whether it can maintain its strength.
If oil prices remain high but BTC and US stocks continue to rise, then I would no longer consider the Middle East situation as the most important variable in the crypto space currently.
Because true strength is not the absence of negative factors, but that despite the negatives, prices increasingly move contrary to them.
If this contrast continues to widen, then what the market is truly trading may no longer be the war itself, but interest rates and liquidity.$SPCX is first targeting the 148–152 range. Last time the rebound couldn't hold above 150, so if it rushes there again this time, I'll be cautious of a sharp pullback; even if it truly breaks through, a retest afterward is very likely.
I think this rally isn't just about sentiment; there are several catalysts stacking up behind it: anticipation of the Nasdaq index rebalancing, positive signals from Waller, plus the expected Starship 14 launch.
The upcoming dates are also quite critical: September 9th unlock, September 11th Nasdaq announces new weights, September 15th Starship 14 launch, and September 18th passive fund rebalancing.
So I won't rush to guess the top; first, let's see if 150 can really hold. If it holds, then look towards 165; if not, it will keep consolidating, so don't get overly excited. The short-term situation between the US and Iran has gradually become clear. Iran has begun to expand military strikes on US bases, but the US has turned a deaf ear, responding weakly militarily while applying pressure through economic and secondary sanctions. Clearly, the US wants to "avoid war".
The logic behind avoiding war is very simple: not letting the US fall into a quagmire of war during the midterm elections, balancing the pressure from the domestic anti-war faction.
Of course, the US's biggest current military investment is escorting to quickly transport energy out of the strait, which should be a fleet of cargo ships accumulated over some time.
So now a very interesting phenomenon has formed: Iran is waiting for an opportunity to strike US bases, and the US avoids war just to provide escort.
More importantly, the US has made stopping attacks on strait commercial ships a precondition for starting negotiations. Obviously, Trump wants to use a "delay tactic" to transport a large amount of crude oil out of the Strait of Hormuz in the near term. It remains to be seen whether Iran will take the bait!
As for crude oil prices, the US claimed this week that a large amount of crude oil was transported out of the strait, but official data has not verified this. The energy market lacks data support showing tight energy supply in the link, so prices remain high. If official data or data websites provide accurate crude oil transport data for this week, I believe it may suppress the rise in energy prices!#沙特原油出口跌至9年最低，油价飙升 If you missed $UNI, you might want to check out $ARB.
UNI has already taken off, but ARB's logic might be more straightforward—it’s not about speculation, it’s about collecting rent.
Robinhood Chain has been live for only two months, yet it has already generated $13.05 million in cumulative fee revenue. TVL is about $708 million, and daily DEX trading volume once surged to a new high of $18.9 billion. These numbers are quite impressive for an L2.
Here’s the key: according to the partnership licensing agreement, Robinhood Chain must return 10% of the protocol’s net income to the Arbitrum ecosystem—8% goes to the Arbitrum DAO treasury, and 2% to the developer guild. Based on current cumulative revenue, about $1.3 million has already flowed directly into the ARB ecosystem. ARB is not Gas, nor is it involved in burning, but it acts as the "landlord" of this chain—the hotter the chain gets, the more rent the ARB ecosystem collects.
ARB has risen 46.7% over the past two weeks, climbing from around 0.08 to above 0.11.
But looking at the monthly chart, it’s still at the bottom.
UNI has already surged ahead, while ARB is still gathering momentum. Same L2 track, same Robinhood Chain dividends, but completely different positions.
If you missed UNI, take a look at ARB.
#OKX星球话题来啦
#波动雷达：币种异动观察
#星球日报 $CP The most important thing to watch today is not whether it dropped 4% or 10%, but that it has just entered the real price discovery phase. Cluster Protocol has been launching trading platforms intensively over the past two days; KuCoin opened CP/USDT on September 2, and SuperEx also launched spot trading today; The project itself focuses on private AI infrastructure, integrating over 500 models, GPU computing power, datasets, and on-chain payments, with a narrative that truly hits the AI + crypto theme. But the biggest problem with new coins is that the token structure is still unstable: the official maximum supply is 5 billion, with about 27.38% listed in circulation, including 14.13% of the first-day airdrop. So the current drop cannot simply be interpreted as "oversold"; many low-cost tokens are still being repriced. I will first observe whether the 0.035 area can hold, and when trading volume will noticeably contract; The biggest concern at the early stages of new coin listings is not a decline, but a sustained volume increase and a bearish decline. $BNB This round has surged back above $720, showing a clear strength compared to previous days. The biggest difference from ordinary altcoins is that the fundamentals are solid. Exchange ecosystems, BNB Chain, Launchpool, and on-chain applications all provide real demand, so once risk appetite picks up, funds tend to look for large-cap assets with good liquidity. Now, after rising more than 4%, I don't just focus on the day's gains, but rather see if $700 can become support again. If the market pulls back later, BNB can still hold near 700, which means$ZEC had nearly $20 million in short liquidations in one day. What about a week or a month? Those who say they want to pump the price to sell are fools; there's no need for anyone to take the other side. Pumping the price to liquidate shorts is enough to make money. The coins are still in the hands of the whales. The higher the pump, the more shorts get liquidated to zero. Short liquidations push the price up. In fact, it's the shorts who pump the price, and the liquidation price is the buy-in price. Those buying $ZEC at high prices are all shorts. In the crypto contract gambling arena, the whale manipulators are invincible, with no exceptions.The layout idea given an hour ago played out as expected, the script perfectly verified.
Predefined the support range in advance, waiting quietly for a stabilization signal, the trend will not betray every rigorous deduction.
Idea set in advance, the market responds. #FOMC last set of data before Friday's non-farm payroll $BTC $ETH Long and Short Crowding List
High fees are not a conclusion, and low fees are not an opportunity; what really matters is position returns.
$APR Current fee +0.0323%, settled +0.136% in the past 24 hours, at the 99th percentile of recent samples. When the price rises, OI increases synchronously; this phase is not simply deleveraging, and position attribution still requires transaction verification. High costs on the long side and positions are still expanding; the trend can continue, but each time the price struggles to rise, it is easier to trigger position reduction.
$ETH Current fee +0.0100%, settled +0.018% in the past 24 hours, at the 100th percentile of recent samples. The rise did not bring position expansion; short-term recovery is valid, but there is insufficient evidence of new trend positions. The crowding indicator remains, but risk exposure is decreasing; treat this phase as deleveraging first.
$ZEC Current fee +0.0100%, settled +0.024% in the past 24 hours, at the 100th percentile of recent samples. Price increase and position reduction occur simultaneously; speed can be high, but sustainability requires OI to expand again. When positions decline, extreme fees may quickly revert; currently, it is more suitable to observe deleveraging rather than chase direction.$SOL 1H LONG
Previous short invalidated above 103.05.
Entry: 104.60–105.20
TP1: 105.42
TP2: 105.93
TP3: 107.20
Stop-Loss: 103.85
SOL is holding a tight flag above rising MA5/10/20 after the breakout. A loss of 103.85 would break the latest higher-low structure.
NFA manage risk carefully.
#LastNFPBeforeFOMC #AVGODipsSNOWPops #RobinhoodChainRevenue 🚨 $BTC IS BREAKING THE 50W MA.
But don’t celebrate yet.
$BTC is currently trading ABOVE it.
That means nothing until the WEEKLY CANDLE CLOSES above the 50W MA.
I’m still bearish on the short term.
But if $BTC closes this week above it?
I’ll reconsider.
Until then, keep dca’ing and dont fomo into anything.
(Real ones know ive been dca’ing since june)#BTCETHETFInflowsReturn Here we go again!
This time, 21 banks are joining forces to launch a US dollar stablecoin, targeting a launch in the first half of 2027, and they've even established a company!
Yesterday, these 21 globally systemically important banks finalized the plan.
The playbook is exactly the same as the TradFi beachhead we discussed before.
Strong lineup: Goldman Sachs, Bank of America, Citibank, Fidelity, Deutsche Bank, UBS, Mitsubishi UFJ are all included. 21 banks across five continents, basically covering global USD clearing flows. This is a settlement layer alliance, not a marketing stunt.
The timing is tight. Only 10 banks were exploring this in October last year, and it doubled in less than a year; behind this is Trump's January 2025 executive order banning CBDCs and only supporting private-sector USD stablecoins. This wave from banks is a policy-driven rush to grab payment licenses.
The target is USDC and USDT. The stablecoin market is $309.6 billion, with USDT accounting for $183.4 billion, but the bank coin is aimed at institutional settlement and corporate treasury. Circle was backstabbed in June by Visa/Mastercard/Stripe launching Open USD, causing its stock to crash. Now with 21 banks joining, Circle is the one truly worried.
However, the company name, blockchain, and custodian are all undecided, and JPMorgan hasn't joined the group yet. The real outcome won't be seen until 2027.
An 18-month slow variable, 7-day signals don't matter.
The winning move: the bank coin going on-chain will be the first to rewrite USDC's regulatory premium and exchange stablecoin yield spread. In the short term, bearish on Circle's chips, bullish on the "compliant settlement layer" narrative.
#21家金融机构拟推美元稳定币 $USDG $xCRCL The latest data shows clear divergence. Recently, US spot Bitcoin ETFs recorded a net inflow of about $134 million, showing a clear recovery in liquidity compared to the previous round of about $210 million. What does this mean? At least to clarify: some funds are returning to BTC. But what truly deserves attention is that the capital performance of other mainstream assets has not improved in tandem. 🔵 $ETH Ethereum ETFs recently saw net outflows of about $52 million, breaking the previous continuous inflow rhythm. 🟢 $XRP XRP-related ETFs also saw about $8.9 million in outflows, temporarily halting the previous positive inflow trend. The current capital structure is more likely: 🟠 $BTC → capital returns 🔵$ETH → 🟢 $XRP → capital outflows. But I won't conclude "ETH and XRP going short" based on just one day's data. The market itself is a dynamic rebalancing. It's normal for assets that previously saw large gains to take profits, and some funds may only temporarily reduce their altcoin exposure, returning to BTC, which is more liquid. What really matters is: Will this divergence in capital continue? If BTC continues to absorb funds in the coming trading days, while ETH and XRP continue to see net outflows, the market may be entering a more obvious phase of **selective allocation.** Funds will not be evenly distributed among all assets. It will look for: 💰 stronger liquidity 📊 means betterTwo approaches taken on the same day, two ways of life
MicroStrategy is back, and BitMine hasn't stopped either.
After ten weeks of inactivity, MicroStrategy resumed buying $BTC, with funds coming from a market-priced stock issuance of MSTR. On the same day, BitMine completed its 65th consecutive week of accumulation, acquiring another 53,501 ETH at a cost of $131 million. Same day, same market, completely different accounting methods.
MicroStrategy follows a "leveraged faith" approach: financing costs depend on stock price, exit strategy depends on BTC appreciation. This method is highly efficient during a unidirectional rise, but once prices plateau or pull back, unrealized losses turn into public pressure. The current cost basis is $80,318, with BTC around $77,000, resulting in an unrealized loss of about 4.1%. Holding 845,050 BTC worth $66.1 billion — an enormous scale, but the asset itself generates no interest or dividends; all returns depend solely on the price difference at final sale.
BitMine keeps a different ledger. All 5.9 million $ETH are staked, generating stable annual income exceeding $300 million. This is not a "buy low, sell high" speculative logic, but an "earn by holding" operational logic. When prices rise, they earn capital gains plus interest; when prices fall, interest provides a safety cushion. Two assets, two income structures.
MicroStrategy hoards BTC as "digital gold," BitMine uses ETH as "digital government bonds." One bets on ultimate pricing power, the other profits from time compounding. $BTC $ETH
#FOMC前最后一组数据：本周五非农 $ZEC Nearly $20 million in short liquidations in one day. What about a week or a month? Those who say to pump the price to sell are fools; there's no need for anyone to take the other side. Pumping the price to liquidate shorts is enough to make money. The coins are still in the hands of the whales. The higher the pump, the more shorts get liquidated to zero. Short liquidations then push the price higher. In fact, it's the shorts pumping the price up; the liquidation price is the buy-in price. Those buying $ZEC at high prices are all shorts. In the crypto contract gambling arena, the whale manipulators are invincible, without any exception.$BTC I'm turning bullish, first let's review where yesterday's judgment didn't pan out.
Yesterday I said the oil price surge of 6.8% would drag down risk assets, and indeed South Korea and Japan collapsed — Korea Composite -4.82%, Nikkei -3.16%. But BTC didn't follow, touching 81,640 which is the highest in 90 days, current price 81,271, +5.07%.
The real watershed is the fee structure: currently only 0.0100%, with the last six periods ranging between 0.0038% and 0.0089%. This new high is not due to leverage stacking — it's a different story from a few days ago when contract volume was nine times spot but fees turned negative. The fee rate hasn't overheated, so it's less prone to liquidation during pullbacks.
Positioning also supports this: the large holder position ratio at 1.8683 is rising, retail account ratio at 0.8044 is falling, large holders are adding while retail is reducing. Korean gold bubble +0.68% remains positive, Asian buying hasn't exited.
If it holds above 79,000, I see 85,000. Bearish triggers: fee rate surges past 0.03%, or large holder position ratio falls back below 1.75. 很多人只看到比特币挖矿的耗电量，却忽略了它另一层意义：比特币可以成为能源变现的一种工具。 如今，越来越多矿企开始寻找低成本、闲置或难以并入传统电网的能源，例如偏远地区的剩余电力、被浪费的天然气以及其他低利用率能源。 这些能源过去很难直接产生经济价值，而现在可以通过： ⚡ 能源 → 发电 🖥️ 发电 → 算力 🔐 算力 → 网络安全 ₿ 网络安全 → BTC 这意味着，比特币矿业正在与能源基础设施形成更加紧密的连接。 更值得关注的是，随着AI数据中心和高性能计算需求不断增长，一些矿企也开始探索**“挖矿 + AI/HPC算力”**的混合模式，让同一套能源基础设施拥有更多变现渠道。 所以，我认为BTC的能源逻辑不能只看“消耗了多少电”。 真正值得研究的是： 比特币能否把原本低价值、难运输、难出售的能源，转化成一种7×24小时运行、无需跨境运输、全球都能交易的数字资产。 这可能是比特币能源叙事中最容易被低估的一环。⚡₿ #Bitcoin #BTC #Crypto #MiningSharing a personal viewpoint.
Macro background: Dual blow from US-Iran conflict + interest rate hike expectations
US-Iran conflict continues to escalate — the biggest geopolitical risk
After the US military expanded strikes on Iran on September 1, BTC quickly dropped from above $79,000 to $77,200, a decline of up to 2.1%. Direct clashes between the US and Iran resumed, pushing Brent crude oil above $90.50, and the 10-year US Treasury yield surged above 4.8%.
Interest rate hike expectations loom — the biggest macro headwind
After the Jackson Hole speech, the probability of a rate hike in September surged from 35% to nearly 60%-65%. Traders generally believe that a slowdown in employment is insufficient to change the main expectation of a September rate hike; if employment performs better than expected, a September hike will be almost certain.
Friday's nonfarm payroll data — the biggest variable this week
ADP employment data weakened, but inflation remains the Fed's primary concern. Even if nonfarm payrolls weaken, a rate hike cannot be completely ruled out. Polymarket contracts still reflect a considerable probability of a September rate hike. The downside risk protection range is between $68,000 and $75,000. $BTC $ETH $SOL #美伊军事对抗升级，原油供应风险升温 $BTC $ETH
BTC breaks through $80,000, why the sudden sharp rise?
News: Federal Reserve Governor Waller hinted a preference to keep interest rates unchanged this month. The market's biggest fear of "rate hikes returning" was dismissed, leading to a direct loosening of risk assets.
More hardcore on-chain data: Whales aggressively accumulated 60,000 BTC (about $4.7 billion) in August, the US spot Bitcoin ETF saw a net inflow of $3.52 billion in August, and BlackRock lowered the IBIT redemption threshold from $25 million to $1 million—institutions are buying, retail investors are selling.
Chips are shifting from retail hands to whales and institutions; this rally is not a stampede but a change of hands.
After breaking $80,000, holding the level is key.
The short-term core is whether it can hold above 81,500 with volume.
Holding above this opens the 82,800~83,800 range, and around 82,800 is the watershed for determining the mid-term direction (a breakthrough points to 94,000-98,000, resistance leads to a return to the range).#FOMC last set of data before the meeting: Nonfarm payrolls this Friday
#30-year US Treasury yield stays above 5% for 41 consecutive days
#Crypto treasury expansion faces index eligibility test
Is the market too unanimous right now?
Everyone is watching nonfarm payrolls, US Treasury yields, September rate hike expectations, and whether crypto treasuries will be blocked by index rules.
And the conclusion is: $BTC is going to drop.
But I want to ask:
What if the nonfarm payrolls on Friday are really bad, and the market starts to reprice rate cut expectations?
US Treasury yields go down, the dollar comes under pressure, and risk assets might actually see a short squeeze first.
So the most dangerous thing now might not be bad news, but that everyone has already priced in the bad news in advance.
Of course, don’t be too optimistic on the other side either.
The long-term high 30-year US Treasury yield indicates the liquidity environment hasn’t truly improved; crypto treasury companies are also facing new index eligibility disputes, and the capital market is starting to re-examine the "crazy coin buying" story. (TradingView)
So I dare not blindly be bullish, nor blindly be bearish.
$BTC: watch if nonfarm payrolls can break the range
$ETH: watch when liquidity truly returns
$SOL: watch if risk appetite can hold
If the whole market turns bearish together on Friday, I’d rather prepare for a violent rebound.
But if nonfarm payrolls are strong, long-term bond yields keep rising, and rate hike expectations continue to heat up—
then don’t tell stories to the market.
Rebound to short!It should be noted that $ZEC experienced a trust crisis and a sharp drop in June this year due to a vulnerability in the Orchard privacy pool. Although this vulnerability was permanently fixed through the Ironwood upgrade later on, concerns about whether the "historical vulnerability was exploited" still exist, which poses a hidden risk suppressing some institutional capital from entering.
3. Capital aspect: Institutional buying vs. whale selling pressure
Derivatives frenzy: ZEC's perpetual contract open interest has surged sharply, reflecting a large influx of leveraged funds and investor interest. This derivatives-driven rally is prone to causing intense volatility.
Whale movements: On-chain data shows that recently some whales have withdrawn tens of thousands of ZEC (worth tens of millions of dollars) from the shielded pool and transferred them to exchanges like Binance. Such large-scale "unshielding + transfer to exchanges" actions are usually seen by the market as potential preparations for selling, increasing short-term selling pressure risk. $ETH $BTC $CP (Cluster Protocol) has dropped more than 50% since listing, which should be the limit of liquidity rather than the project team dumping;
Because the tokens transferred from the project team's address to exchanges total about 200M, before breaking the floor price of 0.035, the project team was still lenient. Could it be that they want to capture Binance Alpha's liquidity?
As for when Binance Alpha will launch, it's unclear. It is estimated that, like $PROS, after listing on external exchanges, they will airdrop to Binance Alpha. Anyway, the chips are given to Binance;
But this project is no longer worth watching. That's it, whoever buys the bag gets it 😂;$BTC ETF FLOWS ARE SHOWING SIGNS OF A CHANGE IN POSITIONING.
The latest numbers are worth paying attention to.
Bitcoin ETFs recorded approximately $101.15M in net inflows, recovering after a much larger period of around $236.5M in outflows.
That reversal suggests demand is starting to return to Bitcoin.
But the interesting part is what happened with other assets.
Ethereum ETFs posted roughly $48.08M in outflows, ending their previous inflow streak.
XRP ETFs also recorded around $7.2M in outflows, bringing their positive streak to an end.
So we're seeing a clear difference in capital flows:
BTC 1 inflows
ETH 1 outflows
XRP 1 outflows
I wouldn't immediately interpret this as a bearish signal for ETH or XRP.
Markets constantly rebalance.
After strong inflows, some investors may simply be taking profits or shifting exposure back toward Bitcoin.
The bigger question is whether this divergence continues.
If Bitcoin keeps attracting capital while ETH and XRP continue seeing withdrawals, it could indicate that investors are becoming more selective and prioritizing liquidity and relative strength.
But if ETH and XRP quickly return to positive flows, the recent outflows may prove to be nothing more than a short-term reset.
That's why one day's data isn't enough to establish a trend.
I'm watching the next few sessions for confirmation.
Does BTC continue absorbing capital?
Do ETH and XRP regain positive flows?
And does price action actually confirm what the ETF data is suggesting?
ETF flows are useful signals, but they aren't guarantees.
For now, capital is moving 1 and Bitcoin appears to be getting the stronger bid.
$BTC $ETH $XRP
Personal market observation, not financial advice.The story of institutional entry might no longer be an ETF solo performance. Have you ever thought about what it means when banks themselves start trading Bitcoin? Is the market quietly changing its script? Yesterday, while watching the market, I was stunned for a few seconds by the news about Standard Chartered Bank. It launched BTC and ETH spot trading in the Middle East and is the first global systemically important bank to obtain this qualification. Sounds like an ordinary compliance announcement, right? But I think this is more worth pondering than any ETF capital flow. The essence of ETFs is to give institutions a "ticket" to watch assets through a glass. But direct spot trading is another matter—it means banks are willing to put digital assets into their core clearing, custody, and trading pipelines. This is not an innovation at the product level but a statement at the infrastructure level. The way capital enters changes, and the shape of risk appetite will follow. I reviewed the impact of this signal on market structure: - BTC remains the main gateway for institutions entering this world, and its position is temporarily unshakable. - ETH acts like a pass to the on-chain economy; professional funds wanting to layout the application layer find it the most convenient vehicle. - But the real opportunity may not be at the top but in "who can become the next asset included in banking services." My own observation radar ranks like this: SOL and XRP are the wind vanes I watch most closely. If even they start to show institutional-level buying structures, it indicates demand is indeed spreading from blue chips outward. And BNB, SUI, APT Brothers, looking at the market after September, I still lean towards high volatility and a slightly stronger oscillation, but it won't be a straight upward climb.
The biggest variables for the Federal Reserve right now are still inflation and employment. If the upcoming non-farm payrolls are weak and CPI continues to cool down, expectations for easing in September will heat up again, and the risk appetite for $BTC and $ETH will significantly improve; conversely, if inflation rebounds and employment exceeds expectations, rate hike expectations will rise again, and the market is likely to experience a rapid pullback.
The funding side is also not without divergence; ETF inflows were good earlier, but there has already been outflow at the beginning of September, so short-term fluctuations will continue.
Technology and AI remain important supports for risk sentiment in the US stock market, but tech stocks are highly valued. Once the Nasdaq experiences a significant correction, the crypto market is also likely to amplify volatility.
Therefore, in September, I am more focused on finding direction amid oscillations: in the first half of the month, pay close attention to non-farm payrolls, CPI, and Federal Reserve expectations; in the second half, see if the data supports a genuine risk asset rally. As long as BTC holds 80,000 and ETH holds 2,400, I still won't easily turn bearish on the overall structure.
#FOMC前最后一组数据：本周五非农 #财报观察员：博通业绩超预期，Snowflake上调指引 #Robinhood链放量，ARB收入叙事升温 Waller suddenly turns dovish, the September rate hike uncertainty returns
Federal Reserve Governor Waller clearly stated on Thursday: if upcoming inflation data confirms cooling, he will support keeping rates unchanged at the September meeting. But he also warned that if inflation heats up again in August, he may turn to support a rate hike. As a result, market bets on a September rate hike quickly dropped about 12 percentage points to 54.6%.
Initial jobless claims released the same day recorded 206,000, slightly above the expected 205,000, hitting a new high since August 15, further reinforcing the narrative of a cooling labor market.
Message breakdown:
① Waller’s dovish shift — if inflation continues to cool, supports holding steady in September
② Slight rise in initial claims — marginal weakening in the job market provides data support for pausing rate hikes
③ Rate hike probability falls — from over 60% down to 54.6%, but August CPI remains the ultimate verdict
Impact on BTC/ETH:
① Short-term sentiment is mildly bullish — rate hike expectations cool → dollar under pressure → risk assets get a breather
② Limited rebound space — Waller hasn’t completely closed the door on rate hikes; August CPI data is the real "judgment day"
③ Short-term logic for BTC and ETH: weak data → continue to rebound; strong data → rate hike expectations return
In short: Waller opened a window for the bulls, but CPI could close it at any time. Don’t be greedy on the rebound; wait for August data to land.
$BTC $ETH $SPCX This surge is not really driven by the 7.87% increase itself, but by the market starting to reprice SpaceX's "AI + aerospace + satellite" story.
The market cap has already reached 2 trillion dollars.
There are two strong catalysts this time:
① Oppenheimer raised the target price from $250 to $280, with the core logic not simply based on rockets, but on the accelerating realization of SpaceX's AI business expectations.
② The Starship 14 test window points to September 15, and the FCC filing is even more critical — the document mentions an "orbital second stage," implying this might be the first attempt at a true orbital mission.
But I value the third layer of logic more:
SpaceX is forming a closed loop.
Starlink handles cash flow and users;
Falcon manages the mature launch business;
Starship is responsible for further reducing future launch costs;
AI could become the next super growth curve.
So the market is no longer just speculating on a "rocket company."
It's a super platform building its own infrastructure.
But note:
After 2 trillion dollars, the valuation is no longer cheap.
What will truly determine the stock price next is not how big the story can get, but whether Starship can deliver and AI revenue can sustain growth.
So I won't chase blindly.
Watch for volume on the breakout.
Look for support on pullbacks.
When news is realized, beware of "good news already priced in."
The real big move for SpaceX may just be entering the valuation verification stage. Tomorrow at 20:30, the latest Non-Farm Payroll (NFP) data will be released—and it could have a major impact on the market. Current consensus: ~55K My expectation: ~35K, as recent economic data has generally remained weak. Here are the key scenarios: 📉 Below 40K — Major Surprise A very weak print could significantly shift expectations around the Fed’s next move. Probability: 40% 📊 40K–80K — Neutral Range Markets may look toward CPI, wage growth, and the Fed's commentary for further direction. P$CHIP USDT 20x long, entered at 0.04685, marked at 0.05527, unrealized profit 359.19%. The chart shows acceleration in the final stage, from sideways to a sharp pull-up, sentiment running faster than structure.
The underlying narrative is USD.AI's GPU-collateralized lending/AI infrastructure credit, Bullish has provided $100 million stablecoin liquidity, sUSDai yields about 7.67% APR, TVL and loan pipeline are expanding, but CHIP itself does not directly capture protocol revenue, 80% of supply is locked, with linear release starting in 2027, FDV pressure is later.
Not greedy at 20x, trailing take profit at 0.052, reduce position if it falls below 0.05, moving below the 0.04685 cost line; watch funding fees and whale clusters, unrealized profit not realized. $BTC $ETH #FOMC前最后一组数据：本周五非农 Late at night, watching the market data flashing on the screen, I suddenly saw news of the London Stock Exchange (LSE) partnering with Kraken's parent company Payward, which stirred some emotion. This century-old exchange, which has witnessed the expansion and decline of the British Empire's capital, finally couldn't sit still and planned to put the shares of the UK's top 100 listed companies online through the LSE24 platform in 2027, creating so-called xStocks. After years of navigating the financial market, I've seen too many packaging games under the banner of "financial innovation." The current uproar of LSETokenizesUKStocks appears to be traditional finance (TradFi) bowing to the crypto world, but once you tear off that glamorous PR rhetoric, the underlying game is actually extremely thin. First, we must face a harsh fact: currently, the xStocks in the market, as well as the various US stock tokens we see on-chain (such as $xSPY linked to the S&P 500), are essentially just 1:1 price tracking certificates (Synthetic Trackers), not true "equity holdings" in the real sense. You hold a token and enjoy the same price fluctuations as the underlying stock, but you have no name on the shareholder register, no voting rights, no legal liquidation protection for dividends, and no qualification to claim compensation from the clearinghouse in extreme market conditions. Is this asset tokenization, or a high-level ticket issued by on-chain brokers?"The next key date to watch is September 11.
Recently, we've seen reactions after the CPI that are more bullish than bearish. But the most important thing is the narrative and price action leading up to that specific period. #FOMC last data set before: Nonfarm payrolls this Friday
For example, almost every time the reaction after CPI was bullish, we had been selling beforehand.
So if we start selling before the 11th, I will look for short-term long opportunities.
On the other hand, if we start pushing up and sweep the highs of $81K–$84K before the CPI, I will look for short-term short opportunities.
This is less about blindly trading the CPI and more about understanding how the price is positioned going into it. $BTC $ETH 🚨 WHAT IF BITCOIN’S 4-YEAR CYCLE IS ALREADY DEAD? 👀
Willy Woo thinks $BTC may be breaking away from the classic four-year cycle and moving toward a 6–8 year macro cycle.
My first reaction?
“Here we go again… another reason to justify holding forever.” 😂
But the more I think about it, the more interesting it gets.
Bitcoin’s new supply issuance has dropped from 0.8% to 0.4%. With every halving, the impact of miner-driven supply shocks becomes smaller.
#DailyOrbit Earlier data showed that #Bitcoin ETF data weakened significantly compared to the overall crypto market funds last week, but today's speech by Waller brought an opportunity for the market to rise.
At this moment, whether it's driven by sentiment or a breakout on the chart, it would be good if #BTC can rise again. I mentioned last week that the 82,600 daily high level is very critical.
This rebound breaking the previous daily high means that a subsequent pullback to 63,000–65,000 is actually a buying opportunity, and the next rise breaking a new high would mark the start of a new trend, with market confidence increasing accordingly.
Conversely, if this rebound stops here, then after the pullback trend, we need to cautiously observe whether 58,000–60,000 can become effective support again before deciding whether to buy, and market confidence would be relatively weak.
Today's rise mainly comes from macro stimulus and the weakening probability of a September rate hike, but tomorrow's big non-farm payrolls may still reverse the situation, so we can't be too optimistic for now.
There are two uncertainties here: whether the job market can produce risk-free data proving accelerated weakening to further reduce the September rate hike probability, and on the other hand, with high oil prices, I'm not sure if this employment data can further reduce the probability of a September rate cut below 50%.
If tomorrow's data is favorable, and BTC breaks the previous daily high, even touching 84,000, I might consider it the best expectation at the current stage. #FOMC前最后一组数据：本周五非农 $BTC strong break through 81200! It hit my stop loss, but I still refuse to accept it!
Tonight's BTC is crazy! Carelessly, even a genius trader like me got stopped out.
Everyone, look at that 4-hour big bullish candle, it has appeared twice in just one month, how can the bears survive?
I stared at the 81280 price and fell into deep thought! It's almost at the previous high point, circling back to this position. I expected it to come back, but I really didn't expect it to be this fast.
The script I imagined was that the main force would knock out most of the long stop losses, shake out the profit-taking positions, and then rally. I never expected them to be so impatient. The downtrend posed little threat to the bulls, just a mild and steady drop.
For the bulls who have long held positions and profited, this is just a minor event. So, there are still many profit-taking positions holding on, and the resistance to the rise remains.
The 4-hour MACD has crossed bullish again, the main upward wave of the bulls is very standard, showing violent rallies, strong support, and sideways consolidation.
However, although the price rose quite a bit this time, the cost of this rally is much higher than last time.
The reason is that in this rise, the shorts liquidated are not many in the total trading volume, so it’s not a full short squeeze driving the price up, but more real buying capital entering to push the price higher.
It’s important to note that many people think, wow! So many buyers, it must keep rising!
Here, I advise everyone to be clear-headed; the logic is not like that.
For example, the short squeeze on August 19th was triggered by a small amount of capital causing short liquidations and a chain reaction, leading to continuous price rises. Because few shorts entered, the short liquidations offset the selling pressure from the bulls, so after the price went up, it was hard to fall.
This time is different: the bulls flooded in like a tide, so the price surged and there are many profit-taking positions. Without short liquidations supporting the price, once the bulls take profits, there will be a risk of a rush to exit, and a sharp price drop is very likely.
So, the current situation is that shorting is difficult because the bulls are still strong, and going long is difficult because the price is already near a local high.
Therefore, I was liquidated and I really refuse to accept it, but I held back! I won’t short for now; the structure has changed. Watch how I get back what I lost today! So annoying! The market is running ahead on the eve of the non-farm payrolls; it’s important to distinguish: the current rise is due to rate cut expectations, not the actual data release.
The US stock market is no longer playable; the same pattern has been repeating for two weeks.
BTC holding the key range is driving overall market sentiment, and ETH’s Beta characteristics are starting to show. The two are currently showing a clear divergence in strength; $BTC’s holdings are more solid, while $ETH’s rebound relies more on short-term incremental funds.
Tonight’s rally is a leading expectation, with the biggest uncertainty still reserved for tomorrow’s non-farm payrolls. If employment data exceeds market expectations, this wave of bulls could easily face concentrated profit-taking, and ETH’s pullback will be larger than BTC’s.ETH has had net capital inflows for 12 consecutive days, which is more worth watching than the price itself.
$ETH recently fell back to around $2400. On the surface, it doesn't look as strong as BTC did a few days ago, but there is a signal on the capital side that I find very important.
In the latest trading day, BTC ETF saw a net outflow of about $236 million, but ETH ETF continued to have a net inflow of about $11 million, and this has been the case for 12 consecutive trading days.
This is interesting.
Now, with such a poor macro environment, oil prices and US Treasury yields rising together, and high-volatility altcoins like SOL falling, institutional funds in ETH have not shown obvious withdrawal.
So around $2400, I am actually not too pessimistic.
Money is flowing out of $BTC, but money is still flowing into ETH.
If the macro environment eases a bit later, I think it’s only a matter of time before ETH challenges $2500 to $2550 again, and after breaking through, we can look at $2800. #LastNFPBeforeFOMC #AVGODipsSNOWPops #RobinhoodChainRevenue 🚨 Tomorrow’s Nonfarm Payrolls could shake the entire crypto market — but here’s what most traders are missing.
Friday’s US jobs report is the last major piece of data before the next FOMC meeting, and everyone is watching for one thing: Will the data trigger a real market dump, or create another golden buying opportunity?
In my view, markets don’t simply trade the data — they trade expectations.
#DailyOrbit