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$CORE Regarding whether CORE coin (Core) can rise back to $1 (1U) in the future, there is currently significant market divergence and it faces very severe challenges.
According to the latest market data from August 2026, the price of CORE coin hovers around 0.02, which is a huge gap from $1. Based on the current market information, the difficulty and possibility of its return to 1U can be analyzed from the following dimensions:
1. Optimistic forecast: theoretically possible but requires a huge price increase
Some long-term price prediction models hold an optimistic view of CORE coin's future. Some analyses point out that if the crypto market enters a new bull run and CORE maintains a bullish momentum, its price could reach as high as 4.20 in 2026 and possibly 15.00 in 2029. If these predictions come true, CORE coin could not only return to 1U but even significantly surpass it.
2. Realistic difficulties: fundamentals and capital face multiple suppressions
Despite long-term optimistic forecasts, CORE coin currently faces insurmountable resistance in the real market, which is the core reason for its prolonged low price:
* Liquidity exhaustion and whale sell pressure: CORE coin's current daily trading volume is extremely low (less than $4 million), with severely insufficient market depth. A few large sell orders can easily push the price down. Meanwhile, whale holdings are concentrated, and tokens from early mining and airdrops tend to be sold off in concentrated bursts during rebounds, leading to weak upward momentum.
* Continuous token release: CORE's total supply is 2.1 billion tokens, with more than half already in circulation. Mining rewards and tokens for early contributors are still being unlocked periodically into the market, lacking strong deflationary or buyback mechanisms to offset this selling pressure, resulting in a long-term supply-demand imbalance.
* Ecosystem implementation below expectations: Although Core promotes the "BTCFi (Bitcoin Decentralized Finance)" narrative, on-chain real activity and locked capital scale are low, lacking hit applications with strong user retention. The token's actual use cases are limited, making it difficult to generate stable cash flow to support the price.
* Intensified competition in the sector: The Bitcoin layer-2 scaling sector is becoming saturated, with similar projects like Stacks (STX) capturing a large share of developers and institutional funds, continuously squeezing CORE's market space.
3. Technical status: long-term weakness
From a technical analysis perspective, although CORE coin has occasionally rebounded recently (e.g., single-day gains over 10%), it still trades below long-term moving averages like the 200-day MA, with the long-term trend remaining bearish. The current price has dropped over 99% from its historical high (around 6.47), with extremely heavy historical sell positions above.
Summary
Theoretically, CORE coin's return to 1U is possible according to predictions, but this requires extremely stringent conditions: not only must the entire crypto market (especially Bitcoin) enter a super bull market, but the Core ecosystem must achieve substantial breakthroughs in the BTCFi sector, resolve token sell pressure issues, and attract significant incremental capital inflows.
Given the current liquidity shortage, lack of fundamental support, and prolonged weak consolidation, the difficulty of CORE coin returning to 1U in the short term is very high, with a low probability.
Disclaimer: The cryptocurrency market is highly volatile and risky. The above analysis is based solely on publicly available market information and does not constitute any investment advice. Please invest cautiously.
Would you like me to help you review the performance and valuation comparisons of other mainstream projects in the BTCFi sector? I can provide a horizontal reference.$500 billion Wall Street capital is pouring into AI — and can Bitcoin benefit or face risks? 08/20/2026 — The most notable topic There is a major shift happening behind the AI frenzy that the crypto market needs to pay attention to: AI is moving from a “technology spending” story to an “asset financialization” story. NVIDIA has partnered with Apollo, BlackRock, Blackstone, Brookfield, Goldman Sachs, and KKR to build financial platforms capable of raising over $500 billion in external capital for AI infrastructure over time. NVIDBTC’s brief move above $69,000, followed by an easing toward $68,000, matters less as a breakout headline than as a test of demand quality. OKX spot BTC/USDT reached nearly $69,888 and gained over 5% in 24 hours, while ETH/USDT touched about $2,119 with gains above 8%.
The stronger ETH response and VanEck’s view that several BTC capitulation signals have triggered support a measured recovery case. Still, durability depends on whether spot demand persists after short covering and leverage lose momentum. Holding gains as volume and inflows normalize would be the more convincing signal. Not advice, just analysis.
#BTCBreaks69000after Trump raised the odds of compliant US access to Hyperliquid, buyers pushed $HYPE 11% higher. when a regulated venue sends fees from US trading to the Assistance Fund, the fund uses them for automatic $HYPE buys and burns. no disclosed structure does that yet. if regulated intermediaries keep the fees, added US volume leaves the fund's $HYPE purchases unchanged.Overnight, this wave of $BTC short squeeze, those who understand know: it surged from 64K to nearly 69K in one night, $ETH even stronger with +17%, over 90% of the 24h volume was short positions getting liquidated. From a narrative perspective, this isn’t a "bull comeback" sparked by some positive news, but a "devaluation trade" driven by a weaker dollar + Treasury expanding bond buybacks + US debt surpassing 40 trillion, with $BTC just being revalued alongside gold and silver. This macro liquidity-driven rally has the advantage of broad gains but the downside of not following a single narrative—if the dollar or interest rates reverse, the most crowded longs will get hit first. At this point, preserving ammo is more important than chasing highs. Let’s watch and see.The Treasury Department got anxious last night
The 30-year US Treasury yield just touched 5.33% on Tuesday, a 19-year high, and on Wednesday night they announced: the repurchase limit for long-term bonds from 10 to 30 years doubled from 2 billion to 4 billion, starting September 9. The 30-year yield instantly jumped nearly 10 basis points to 5.20%, the 10-year at 4.65%
This is not QE. The Fed's QE is printing money to buy bonds, that's true easing; the Treasury is using the left hand to buy unpopular old bonds with cash, and the right hand to issue new bonds to borrow back, so the total bonds in the market remain unchanged.
Traders see it as "Fed not easing, Treasury secretly easing." BTC and ETH in this wave are less about a fundamental reversal and more a conditioned reflex to implicit easing—gold, US stock futures, and crypto all rallying together, a classic easing package.
BTC surged from 64,100 to nearly 70,000, up about 6%, a new high since June 2; ETH was even stronger, surging over 20% intraday to 2,330, above 2,000 for the first time since May. Nearly $2.5 billion in short positions across the network were liquidated, the largest single-day short squeeze in history, with ETH accounting for over $1 billion.
A 4 billion order is a drop in the bucket compared to the 32 trillion in national debt; deficits, oil prices above 90, and inflation stuck above 2% remain unresolved. Warsh's July minutes were still hawkish, with a 9:3 vote to hold steady and three voters calling for a rate hike, while the Treasury turns around to inject buying power into the long end, a completely opposite direction.
Can this continue? Before November 4, repurchases can only save liquidity, they can't suppress long-term rates. Shorts are hurting, but don't mistake the rebound for a reversal; whether 70,000 can hold depends on whether inflation cooperates The market is extremely fierce; this rally has liquidated large-scale Short positions up to about 1.9 billion USD. However, the amount of stablecoin reserves on exchanges has dropped to around 64 billion USD, thinning market liquidity. Additionally, on 8/19, President Trump called on Congress to pass a version of the CLARITY Act to create a clearer legal framework for crypto.
In summary, I see signs of a strong recovery, but I do not yet consider this a confirmed signal of a new upcycle.
Please pay close attention and make your own decisions.Today, the cryptocurrency market rose, mainly driven by the following three factors:
1. The U.S. Treasury is increasing long-term Treasury repurchases. Long-term Treasury yields have sharply dropped, lowering funding costs, making investors more willing to buy high-risk assets like Bitcoin/Ethereum. This is the most direct reason for the price increase.
2. The U.S. Securities and Exchange Commission (SEC) has proposed new cryptocurrency issuance rules. This provides project teams with two clearer financing channels, making regulation appear more relaxed, thereby boosting market sentiment.
3. The White House met with leading figures in the cryptocurrency sector today. Both sides discussed tokenization and clear legislation, which made the market feel that policies will support cryptocurrencies, further strengthening market confidence. Additionally, ETF funds have started to flow back, shorts are being squeezed, and prices have surged
#美联储7月FOMC纪要9比3，官员加息分歧仍在 $ETH $BTC The Ultimate Truth Behind CORE's Reconciliation: No Surrender, No Loss! $150 Million BTC Assets Secured, Ending Internal Conflict Completely
The market has misunderstood the reconciliation between Core and Maple: it’s not about conceding defeat, losing a lawsuit, or having the track stolen. Instead, it’s the highest-level business stop-loss game in crypto — neither side admits fault, but neither can afford to drag it out!
1. Full Event Recap: A Top-Tier Cooperation That Fattened the Opponent
In early 2025, Core Foundation and Maple Finance joined forces to launch the heavyweight product lstBTC, opening the Bitcoin staking yield track.
Core fully provided core technology, massive market subsidies, and comprehensive traffic marketing;
Maple was only responsible for asset management.
This cooperation directly ignited the track: Maple’s asset management scale surged from under $500 million to $2.8 billion, and the lstBTC pilot absorbed $150 million in Bitcoin stock assets unilaterally, instantly becoming the hottest benchmark project in BTCFi at the time.
However, after the track was proven and the model validated, Maple directly betrayed and breached the agreement:
They used confidential cooperation data to secretly develop a competing product syrupBTC, openly violating the exclusive 24-month cooperation agreement.
Core, unable to tolerate this, fought back hard by applying for an injunction at the Cayman Islands Grand Court:
1. Forcibly stopping Maple from launching the competing syrupBTC;
2. Completely banning Maple from trading CORE tokens, fully locking down their ecosystem permissions.
After the situation escalated, Maple issued a deadly threat:
They threatened to impair $150 million of user Bitcoin deposits, indirectly implying inability to repay principal and shifting risk.
2. The Deep Truth of the Reconciliation Agreement: No Losers, Only Precise Game Theory
The official narrative is polite throughout: neither side admits fault or breach.
It seems like a draw, but in fact, it’s a carefully calculated exchange of interests, each taking what they need and precisely stopping losses.
Core Rights Maple Obtained
The court injunction was lifted, officially granting syrupBTC compliance launch qualification, preserving their track layout and $3 billion asset management reputation, avoiding financing collapse and institutional decoupling risks caused by ongoing litigation.
Core’s Absolute Core Gains (The Most Critical Takeaway)
1. Preservation of $150 million user BTC assets
This is the first bottom line of the reconciliation! Maple promised full repayment of user principal, completely preventing large-scale asset crashes, user stampedes for compensation, and total brand collapse.
2. Ending sky-high cross-border litigation internal conflict
Cayman court cross-border arbitration and overseas compliance lawsuits incur sky-high lawyer fees and time costs; continuous dragging only exhausts ecosystem energy and keeps pressuring prices negatively.
3. Implicit reconciliation compensation received
The agreement clearly keeps financial terms confidential; the industry assumes Maple paid a large confidential settlement to get Core to withdraw the lawsuit and give up exclusive rights.
4. Completely clearing negative sentiment and stopping market bleeding
Previously, CORE dropped over 90%; ongoing litigation disputes were the biggest emotional suppression. The reconciliation settles all negative dust, fully shedding old burdens.
3. Why This Is Absolutely Not “Working for the Opponent for Free”
Many don’t understand and think Core was stabbed in the back after validating the track, losing more than gaining. Actually, it’s the opposite:
1. The old lstBTC model was already invalid
Early yields fully depended on CORE inflation subsidies, not real ecosystem revenue. After the token’s deep drop, the original model collapsed completely. Even without Maple’s betrayal, the old model would have naturally phased out, so there’s no loss here.
2. Open-source tracks cannot be monopolized forever
The 24-month exclusive agreement only restricts commercial cooperation, not the open-source technology track. Rather than a long-term tug-of-war, it’s better to stop losses gracefully and secure gains.
3. Core’s strategy is fully upgraded
After reconciliation, Core completely sheds inefficient cooperation, no longer relying on third-party asset management, fully building BTCFi infrastructure, advancing SatPay implementation, expanding compliant financial ecosystems, abandoning the old path, and moving toward a higher-dimensional new narrative.
4. Final Summary
The essence of this reconciliation:
Maple paid for track freedom; Core stopped losses, preserved assets, received compensation, cleared negative sentiment, and gained rebirth.
No surrender, no loss, and definitely no defeat!
The so-called opponent betrayal and track theft are just surface illusions.
Core truly won the most critical outcome: user asset security, ecosystem negative clearing, complete end to internal conflict, and a fresh start to welcome the 2026 revenue era.
Having endured the darkest struggles and washed away speculative noise, the true BTCFi leader has already completed its phoenix rebirth.
$CORE #CoreDAO #BTCFiTrack The biggest self-delusion within the $CORE community: comparing CORE to SOL and betting on a desperate comeback.
Many holders treat others' comeback legends as their only hope to break even.
Trapped in long-term losses, many cite SOL's historical performance to convince themselves to hold on.
Endless oscillations and gradual declines, with mounting paper losses and no sign of recovery for a long time. Stuck in the emotional prison of losses, people desperately seek reasons to persist, borrowing others' bull market myths to escape the harsh reality of the market.
Judging a reversal solely by the extent of the drop is a fatal mistake.
SOL's strong rebound after the bear market is not simply because it fell a lot. A complete ecological closed loop, a continuous influx of developers, real on-chain traffic, and sustained incremental capital inflows are the foundation for bottoming out and strengthening; the decline is just a normal cyclical fluctuation.
In contrast, CORE keeps releasing new narratives to maintain hype, but the actual implemented ecosystem is sparse, on-chain real activity is sluggish, and it lacks self-sustaining capabilities. Mountains of trapped positions hang overhead; to replicate a SOL-level rebound requires massive incremental capital to absorb it, and the real-world resistance is hard to overcome.
The market does not sympathize with losses, and cycles do not make exceptions to deliver rallies after big drops.
What determines the future market direction is never how much it has fallen, but whether visible tangible results can be produced to attract incremental capital.
Can constantly comforting yourself with others' wealth stories really bring the long-awaited reversal?
⚠️This is only a personal market review and discussion, not investment advice. Cryptocurrency assets are highly volatile; please make decisions rationally. $BTC surged overnight from 64K to nearly 69K, up 7% in 24h, while $ETH even pushed above 2,200 with a +17% gain. The community generally assumes this is a "bullish comeback." But looking at derivatives, the main fuel for this upward push comes from short liquidations: over 90% of the 24h liquidations were shorts, and the funding rate only mildly turned positive, far from an overheated zone. This means the price is driven by passive short covering, not new longs adding leverage actively—these two have completely different sustainability. How far the short squeeze can go depends not on hype but on when the funding rate truly overheats and whether open interest follows suit. The data won't play along with your narrative. Do you think this is a trend reversal or a collective surrender of the shorts? Despite BTC holding at 69.3K, the altcoin rise is selective, and capital rotation into small caps has not yet been confirmed. Why doesn't Bitcoin's bullishness translate into a bottom signal for altcoins? The three key facts identified in the original text are: BTC is trading around 69.3K, and ETH has reached 2.2K. However, the altcoin rise is limited to specific tokens, and there is no evidence yet of capital moving broadly into small caps. Notable tokens mentioned include BEAT, BICO, KAITO, LAB, SNDK, and H, with KAITO facing selling pressure due to its unlock schedule. This scene signifies a market structure divergence. While BTC holds strong, capital is not flowing down to small caps but remains in relatively liquid ETH or certain thematic tokens. This does not indicate a recovery in risk appetite but rather selective positioning. For an actual rotation to occur, altcoin trading volume needs to increase, and support for declining tokens must be reconfirmed. From a position perspective,The most vulnerable link is often not in the busiest parts of the candlestick, but in the overlooked liquidation data. Have you ever wondered what the truly smart money is doing when everyone is watching that big bullish candlestick in BTC? When I was reviewing the liquidation data today, I kept a close eye on $CORE for a long time. This isn't a coin that many people talk about, but its liquidation structure is as clean as a textbook. Within 1 hour, 195 USD was cleared; within 4 hours, this number jumped to 9,978 USD; within 24 hours, it surged directly to 13,400 USD. Long positions were almost crushed during the 4-hour window, with $1514 versus $8464—a disparity so much it was almost brutal. But what made me pause and take a second look was the change in proportions. At 4 hours, the liquidation volume of short positions is 5.6 times that of long positions; by 24 hours, it drops to 4.16 times. This number tells me one thing—the momentum of the one-way squeeze is fading, and the bullish and bearish forces are quietly returning to balance. Many people only see "short positions being harvested," not realizing that the scythe of harvesting has already dulled. The rhythm of this market is actually very much like a standard trend lifecycle. The characteristic of the initial phase is probing; the jump from 195 to 9978 in the 4-hour window is a typical confirmation of volume expansion. The continuation phase is the main upward wave. Although the 12-hour to 24-hour period is still crushing short positions, the multiples can no longer hold up. At this point, it feels more like a period of divergence—the direction hasn't changed, but the momentum is hesitating. BTC is following the same storyline. After five days of sideways trading, volatility was pushed to its lowest point of the year, followed by a bullish candlestick of 8.7% that broke through directly₿ BTC BREAKOUT OR ANOTHER TRAP?
Bitcoin's next decisive move could set the tone for the entire market.
A clean break above resistance with strong volume could attract momentum buyers. Rejection could send traders back toward support.
The key isn't the candle—it's whether volume confirms the move. 👀
#BTCBreaks69000 #FOMC9To3Split Sudden surge! Behind today's market rise, three major events are unfolding one after another
#BTC#ETH#SOL
The market suddenly surged today, leaving many people confused, not knowing the root cause of the breakout. In fact, it wasn't a rise out of thin air; several key pieces of news came from overseas, collectively pushing the coin prices upward.
The first and most direct catalyst came from the US Treasury market. The US Treasury Department increased the repurchase of long-term government bonds, directly driving long-term bond yields to fall rapidly, which lowered market funding costs. In this environment, funds are more willing to flow into risk assets like Bitcoin and Ethereum. The core driver of this round of rise is the loosening of liquidity.
Secondly, there is a noticeable warming of sentiment on the regulatory front. The SEC introduced new rules related to cryptocurrency issuance, providing project teams with two clearer financing paths. The market generally interprets this as a relaxation of regulatory attitudes, which largely eases previous policy concerns and directly boosts market confidence.
There is also an easily overlooked event: the White House met today with leading figures in the crypto industry to discuss topics like tokenization and clearer legislation. The signal released is that the policy side tends to accept the industry, further dispelling retail investors' policy worries.
With multiple positive factors stacking up, ETF funds have started to flow back in, and a large number of short positions in the market have been squeezed, triggering this rapid surge. But a reminder: positive news landing does not mean the market will blindly keep rising. Going forward, it depends on whether funds can continue to follow. Once the news hype fades, the market may fluctuate at any time. The Ultimate Truth Behind the CORE Reconciliation: No Surrender, No Loss! $150 Million BTC Assets Secured, Completely Ending Internal Strife
The market has misunderstood the Core and Maple reconciliation: it’s not about conceding defeat, losing a lawsuit, or having the track stolen. Instead, it’s the highest-level business stop-loss game in crypto — neither side admits fault, but neither can afford to drag it out!
1. Full Event Recap: A Top-Tier Cooperation That Fattened the Opponent
In early 2025, Core Foundation and Maple Finance joined forces to launch the heavyweight product lstBTC, opening the Bitcoin staking yield track.
Core fully provided core technology, massive market subsidies, and comprehensive traffic marketing;
Maple was only responsible for asset management.
This cooperation directly ignited the track: Maple’s asset management scale surged from under $500 million to $2.8 billion, and lstBTC pilot absorbed $150 million in Bitcoin stock assets unilaterally, instantly becoming the hottest benchmark project in BTCFi at the time.
However, after the track was proven and the model validated, Maple directly betrayed and breached the agreement:
They used confidential cooperation data to secretly develop a competing product syrupBTC, blatantly violating the exclusive 24-month cooperation agreement.
Core, unable to tolerate this, fought back hard by applying for an injunction at the Cayman Islands Grand Court:
1. Forcibly stopping Maple from launching the competing syrupBTC;
2. Completely banning Maple from trading CORE tokens, fully locking down their ecosystem permissions.
After the situation escalated, Maple issued a deadly threat:
They threatened to impair $150 million of user Bitcoin deposits, implicitly signaling inability to repay principal and shifting risk.
2. The Deep Truth of the Reconciliation Agreement: No Losers, Only Precise Game Theory
The official narrative is entirely dignified: neither party admits fault or breach.
Though it seems like a draw, it’s actually a carefully calculated exchange of interests, each taking what they need and precisely stopping losses.
Core Rights Maple Obtained
The court injunction was lifted, officially granting syrupBTC compliance launch qualification, preserving their track layout and $3 billion asset management reputation, avoiding financing collapse and institutional decoupling risks from ongoing litigation.
Core’s Absolute Core Gains (The Most Critical Takeaway)
1. Preservation of $150 million user BTC assets
This is the first bottom line of the reconciliation! Maple promised full repayment of user principal, completely preventing large-scale asset crashes, user stampedes for compensation, and total brand collapse.
2. Ending sky-high cross-border litigation internal strife
Cayman court cross-border arbitration and overseas compliance lawsuits incur sky-high lawyer fees and time costs; continuous dragging only exhausts ecosystem energy and keeps hammering prices.
3. Implicit reconciliation compensation received
The agreement’s financial terms are fully confidential; the industry assumes Maple paid a large confidential settlement to get Core to withdraw the lawsuit and give up exclusive rights.
4. Completely clearing negative sentiment and stopping market bleeding
Previously, CORE dropped over 90%; ongoing litigation disputes were the biggest emotional suppression. The reconciliation settles all negative dust, fully shedding old burdens.
3. Why This Is Absolutely Not “Working for the Opponent for Free”
Many don’t understand and think Core was stabbed in the back after validating the track, losing more than gaining. Actually, it’s the opposite:
1. The old lstBTC model was already invalid
Early yields fully depended on CORE inflation subsidies, not real ecosystem revenue. After the token’s deep drop, the original model collapsed completely. Even without Maple’s betrayal, the old model would have naturally phased out, so no regret.
2. Open-source tracks can’t be monopolized forever
The 24-month exclusive agreement only restricts commercial cooperation, not the open-source technology track. Rather than a long tug-of-war, it’s better to stop losses gracefully and secure gains.
3. Core’s strategy fully upgraded
After reconciliation, Core completely shed inefficient cooperation, no longer relying on third-party asset management, fully building BTCFi infrastructure, advancing SatPay implementation, expanding compliant financial ecosystems, abandoning the old path, and heading toward a higher-dimensional new narrative.
4. Final Summary
The essence of this reconciliation:
Maple paid for track freedom, Core stopped losses to protect assets, received compensation, cleared negative sentiment, and gained rebirth.
No surrender, no loss, and definitely no defeat!
The so-called opponent betrayal and track theft are just surface illusions.
Core truly won the most critical outcome: user asset safety secured, ecosystem negatives cleared, internal strife completely ended, ready to enter the 2026 revenue era unburdened.
Having endured the darkest struggles and washed away speculative noise, the true BTCFi leader has already completed its phoenix rebirth.
$CORE #CoreDAO #BTCFiTrack BREAKING: 🇺🇸 President Trump says the US is considering buying "sizable" amounts of Bitcoin and other cryptocurrencies.💧 LIQUIDITY IS DRIVING TODAY’S CRYPTO STORY
U.S. Treasury plans to double longer-term bond buybacks, helping push the 30Y yield down from a 19-year high near 5.34% to around 5.18%.
Lower long-end yields can ease financial pressure and improve risk appetite.
BTC’s breakout may therefore be about more than crypto.
Watch liquidity. Watch yields. Watch BTC. 📊
#TreasuryUpsBuybacks #FOMC9To3Split #BTCBreaks69000 The crypto market has just experienced a historic-level short liquidation storm. According to Coinglass statistics, on August 19, the total daily short contract liquidation amount across the network reached approximately $1.74 billion, ranking as the second largest in history, only behind the $2.46 billion on October 10, 2025. It should be added that at that time, long liquidations were also severe, reaching $16.7 billion, with a total daily liquidation amount of $19.16 billion, setting the largest single-day liquidation scale in crypto history — it was precisely that wave of impact that directly interrupted the bull market rhythm, and its effects are still repeatedly mentioned in the market today.
Returning to the current data: within 24 hours on August 19, the total network liquidation was about $1.9 billion, with shorts absolutely dominating, contributing about $1.74 billion, accounting for over 90%; longs only liquidated about $180 million. Breaking down by asset, BTC short liquidations were over $1.1 billion, while ETH ranged between $460 million and $510 million. The peak single-hour liquidation was particularly astonishing, with short liquidations concentrated between $1.1 billion and $1.23 billion.
This round of "short squeeze" was not accidental but the result of a positive feedback loop formed by crowded high-leverage positions, breakthrough price surges, and forced liquidations. Many traders had continuously bet on the short side, especially building positions with high leverage, causing extreme crowding on the short side. A typical case came from the Hyperliquid platform: one address holding 1,800 BTC short positions (worth about $117 million, 40x leverage) was completely liquidated; two other addresses with a combined total of about 1,177 BTC (equivalent to nearly $77 million) short positions were also liquidated in succession. The liquidation prices of these whale positions overlapped highly, triggering a rapid price rally — BTC once touched a high near $70,000, with a significant 24-hour increase.
The sharp price surge quickly breached the margin bottom line of high-leverage shorts, forcing exchanges to passively buy to close positions, further pushing up the coin price and triggering more short liquidations. In the perpetual contract market, this feedback mechanism is especially fierce, coupled with thin order book liquidity near key price levels, amplifying volatility dramatically. On-chain data transparency and whale positions being almost "open cards" made them easier targets for market hunting, ultimately resulting in this textbook-level short stampede.The market has already speculated on the "U.S. Strategic Bitcoin Reserve" several times, and this time we finally got Trump’s personal confirmation — a large-scale accumulation plan is under discussion.
Discussion is one thing, implementation is another.
Trump publicly confirmed the plan to massively accumulate Bitcoin and other cryptocurrency reserves, which is a direct upgrade to the national sovereign reserve narrative and is generally bullish for BTC and the overall crypto market. The market had repeatedly traded on expectations of the "U.S. Strategic Bitcoin Reserve" before; this time, those expectations have moved from speculation to official confirmation.
If implemented, sovereign-level buying will directly enter the BTC market, tightening supply further and redefining the price ceiling. But don’t get ahead of yourself: the discussion phase does not mean execution has started; the pace and timeline for implementation remain unclear. In the short term, it’s mostly driven by sentiment and expectation games. If BTC rallies quickly, watch out for profit-taking and increased volatility.
In the medium term, as long as the national reserve narrative is not disproven, every pullback is likely to be seen by investors as a buying opportunity.
Source: BlockBeats
#BTC #Crypto100W #白宫会晤加密业，政策成果待观察
On August 19, Trump hosted the White House Crypto Summit, attended by SEC Chair Atkins and CFTC Chair Selig. Executives from Coinbase, Ripple, Gemini, Robinhood, Polymarket, and Kalshi participated. Traditional finance was also present—Nasdaq, NYSE, CME, DTCC. Treasury Secretary Yellen and Commerce Secretary Raimondo were also expected to attend.
The next day, the CFTC followed up. On August 20, the Innovation Advisory Committee held its first meeting with the theme "From Uncertainty to Clarity."
The CLARITY Act did not pass in August; procedural voting is scheduled for September 15. Polymarket's probability of passing has dropped to about 20%. The SEC's meeting planned for last week was halted by the White House, concerned that unilateral rulemaking could affect congressional negotiations. Therefore, the White House chose to gather everyone through an "industry summit," using executive power to advance regulatory dialogue.
The longer Congress delays, the more the executive branch tends to take matters into its own hands. This meeting itself will not have legal effect, but it sends a signal—regardless of whether CLARITY passes, a regulatory framework must be established. Direction is more important than speed.
Congress has delayed the CLARITY Act for 13 months, so the executive branch took direct action. Essentially, this White House meeting brought the SEC, CFTC, Wall Street exchanges, and crypto companies to the same table, bypassing Congress to first build the regulatory framework. ETH is "sideways" near $1,900, waiting for three things
ETH is currently hovering near $1,900, neither plunging nor breaking out. This sideways movement is not resting; it is waiting for three things to happen simultaneously.
First, waiting for the staking provisions of the CLARITY Act to be implemented. Fidelity has already submitted a staking ETF application, but SEC approval requires guidance from the Act. The day staking rewards are clearly defined as non-security distributions, ETH will truly transform from a "zero-coupon asset" into an "interest-bearing asset." Second, waiting for an explosion in stablecoin settlement volume. The details of the GENIUS Act are under consultation, and once the licensed issuance red line is triggered in 2027, compliant stablecoins will flood on-chain, causing ETH’s transaction volume as the settlement layer to grow exponentially. Third, waiting for RWA to shift from an "experiment" to "business." Ethereum already holds nearly 70% of RWA deposits, but the scale is only $7.4 billion—still a drop in the ocean compared to the trillion-dollar traditional finance market. When the regulatory framework provides a clear path for compliant issuance and trading of RWA, the settlement layer value of ETH will be truly re-evaluated. Each of these three things requires time, but all are progressing. ETH at $1,900 is not "lying flat"; it is waiting for all three signals to turn green simultaneously. $BTC Today's big bullish candle for BTC basically means: three weeks of sideways trading with shorts piled up too heavily → a macro news trigger → a chain reaction of short squeezes → price pushed passively by buy orders to the $70,000 threshold.
But looking on-chain: spot trading volume hasn't increased, ETFs only slightly rebounded, and off-exchange funds are completely inactive.
An increase without new money coming in is just people inside the market cutting each other down; after the cuts, it will still fall. I'm not optimistic about this rally, don't get fooled by a single spike to jump on $ETH Bitcoin suddenly surged to around $69,000 yesterday. In just a few hours, the market exploded. Over $1 billion in short positions were liquidated, and the entire crypto market liquidated nearly $2 billion within 24 hours. (KuCoin) What is the first reaction many people have? "The cow is back!" Then start looking for opportunities to chase long. But I actually think—right now, the ones who should be calm are precisely those who are ready to chase after them. Why? Because some of the buying in this rally was not "bullish on BTC and therefore actively buying." Instead, after the short position was liquidated, the exchange forcibly bought it back. What does that mean? You opened a short position. BTC suddenly surged. The deposit can't be held. The system will directly close your position for you. What does closing a position mean? Short positions must buy BTC back. So: BTC rises → short liquidations → forced to buy→ BTC continues to rise → more short liquidations. This is a typical short squeeze market. So the more beautiful yesterday's big bullish candlestick was, the less likely I was to get carried away. Because the most common mistake is often not the price drop. It's this sudden surge. Those who were criticizing BTC as trash earlier started calling it a bull market after seeing it rise. Those who hesitated to buy earlier suddenly started to fear missing out. Then the lever was activated. Once the position is raised, The real risks are just beginning. Of course, I'm not saying BTC must fall. There are indeed many positive signals in the market now, including the US Treasury's expansion of long-term Treasury repurchases and regulators releasing new crypto policies$BTC $ETH $SOL 这波大涨不是单一利好催生，是宏观流动性、机构资金+空头轧空多重力量共振。 此前AI企业发债、财政赤字、地缘冲突持续推高长端美债收益率，BTC长期被压制在63000附近。而美国财政部扩大长期国债回购规模，直接带动30年期美债收益率从5.33%高位回落，市场流动性预期改善。无息资产BTC吸引力提升，全局风险资产估值天花板被抬高。 流动性预期改善之后行情迎来引爆点：价格上行触发连锁空头清算，全网爆仓13.45亿美元，其中空单占11.91亿，大量高位空单集中强平，形成逼空踩踏行情。不少大额空单在短短两天内直接归零，进一步加速上涨。 同时现货ETF持续大额净流入，贝莱德IBIT持续加码，机构买盘持续托底。大饼打开上行空间后，市场风险偏好回暖，资金向外扩散，存储板块同步走强，SNDK等题材标的迎来反弹，各路山寨币轮番起飞。 ⚠️重点提醒：69400–70000区间堆积大量止盈盘，短线追高性价比很低；若回踩64000–65000区间，才是更优质的承接位置。另外市场上美国加密储备相关消息存在旧闻反复炒作的情况，需要警惕利好兑现后的资金兑现回落。 大方向趋势未变The 3 dissenting votes and the wording in the minutes reveal that the "hawkish" voices are far more complex than they appear on the surface.
The minutes, which voted against holding rates steady and advocated an immediate 25 basis point hike, clearly state that these three officials believe taking action early helps avoid the need for a larger, steeper tightening path in the future.
More notably, the minutes show that "many participants" assessed that if inflation does not decline further, additional policy tightening is likely necessary; some officials even explicitly stated that current financial conditions may not yet be sufficient to push inflation back to the 2% target.
This is not an isolated phenomenon. Current U.S. inflation remains significantly above the Fed's 2% long-term target, partly influenced by energy price volatility and supply chain shocks triggered by the Middle East conflict.
Meanwhile, economic growth is still described as "robust," with productivity gains and strong capital investment, and the labor market basically balanced. This combination of "decent growth and sticky inflation" makes decision-making particularly challenging.
For the market, the signal from these minutes leans hawkish. Although ultimately no action was taken, internal discussions about "whether faster action is needed" were already quite thorough.
Investors need to realize that the Fed's internal consensus is recalibrating—from the previous "patiently waiting for data" stance to a higher alertness to the persistent risks of inflation. If subsequent inflation data fail to continue cooling, the possibility of rate hikes in September or by year-end will heat up again.#美联储7月FOMC纪要9比3，官员加息分歧仍在 $SOL is finally looking decent this wave, but it's a high beta, not the leader.
Last night SOL surged from just over 80 to 86.8 in one go, a single-day +11%, with 24-hour volume doubling. Like BTC and ETH, behind this is the Treasury's "QE Lite" move that ignited the entire risk asset market, and high-beta assets like SOL naturally surged the most. Also, shorts were flushed out this time, with the entire crypto market exploding by 2.9 billion in 24 hours, and SOL got a significant share.
Funding rates have completely flipped to positive, which is a key change. On 8/19 it was still negative (longs lacked confidence), but today it has turned positive: Binance 0.0091%, Bybit 0.0100%, network average 0.0018%. Positive funding rates mean perpetual contract longs are willing to pay to hold positions, shifting sentiment from "fear of highs" to "fear of missing out."
There’s also a story on-chain. Solana plans to cut block time from 400ms to 350ms at epoch 1020 (SIMD-0525), with a roadmap targeting 200ms, promoting "the fastest settlement in the market." This "fast horse" narrative is what traders love to talk about in a short squeeze rally, so SOL outperformed the market beta.
But on the other hand, SOL’s weekly RSI was only 38 before, and the daily rebound doesn’t change the old problem of the weekly trend. Also, its rise relies entirely on sentiment and leverage; once BTC pulls back to 66,600, SOL will also fall the hardest. A single statement from the Treasury caused shorts to liquidate $1.3 billion: Is this BTC move a short squeeze or a new trend?
Last night, the market was still hovering around 64,000, and many had already planned for a "drop back to 62,000."
But when we woke up, $BTC surged from 64,142 all the way to 70,099, currently holding near 69,500. Intraday monitoring shows about $1.3 billion liquidated across the network, with shorts taking the biggest hit.
The most intense part of this move isn’t how much it rose, but that after shorts stopped out, they directly turned into market buying. The more you think it should fall, the higher the price goes.
The trigger came from U.S. Treasuries.
The U.S. Treasury announced that starting in September, the single transaction limit for long-term Treasury buybacks will be raised from $2 billion to at least $4 billion. This isn’t QE, but after the news, the 10-year yield dropped from 4.71% to 4.64%. The market’s first reaction was: long-term interest rate pressure finally eased.
After BTC reclaimed a key level, stop losses, covering shorts, and liquidations piled up, accelerating the rally. The 24-hour contract trading volume exceeded $12.8 billion, but the funding rate was only +0.0085%, indicating longs haven’t aggressively crowded in yet.
What I’m most conflicted about now is: is this a new trend or a large-scale short squeeze?
Only if 70,000 holds can we continue to be bullish; if it falls back below 69,000, last night’s move might have just been macro news plus short covering.
Brothers, do you dare to chase here?
$BTC #美联储7月FOMC纪要9比3，官员加息分歧仍在 $BTC surged from $64,000 to $69,888, with a rise of nearly 9% from the low to the high point.
I wouldn't simply call this wave an "oversold rebound," but I also wouldn't say it has nothing to do with short covering. The real sequence is: U.S. Treasury bonds loosen first, risk appetite warms up, BTC breaks through, and a large number of shorts are forced to cover, further amplifying the gains. 🌊
On August 19, the U.S. Treasury announced that starting September 9, the single repurchase size for 10–30 year Treasury bonds will be increased from $2 billion to at least $4 billion. After the news, the 30-year Treasury yield quickly fell, the dollar weakened, gold rose over 3%, and the market immediately began to reassess liquidity. 📈
However, I wouldn't treat this as a new round of QE. The repurchase hasn't been officially executed yet, nor does it directly create new base money; it looks more like the Treasury is cooling down the tight bond market first.
Next, I'm waiting for BTC to truly hold above $70,000. Only if it holds and retests without breaking down will there be a chance to continue aiming for $72,000; if it falls back below $68,000 and fails to recover, this wave looks more like a quick fix driven by macro news and short squeeze. The news is big, but confirmation still has to come from the price. 👀🧠Market focus is on the Federal Reserve's September rate decision. My judgment: the probability of no rate hike is higher, but a purely dovish market no longer exists.
In the July FOMC vote, it was 9-3, with some members already supporting a 25bp hike, showing a clear rise in hawkish demands. However, with July inflation easing and employment weakening, a rash rate hike would sacrifice the economy, and market pricing leans toward keeping rates unchanged.
Two scenarios briefly outlined:
✅ If there is a rate hike in September: liquidity tightens, US Treasury yields rise, risk appetite declines. BTC and $QQQ will face short-term pressure simultaneously.
✅ If there is no rate hike in September, combined with continued weakening inflation and employment, the market will trade on rate cut expectations, and $BTC and US stocks are likely to strengthen.
A pause in rate hikes is not the ultimate positive; the real big move depends on the formal start of rate cuts later.
The biggest potential risk: inflation rebounds again, market pricing maintains high rates for longer, which will suppress BTC and $SNDK .CFTC Chairman to reveal plans tomorrow: settling old scores, drawing new boundaries
Today, a "five-year trading ban + ten-year registration ban" was imposed on two key figures of FTX, and tomorrow the details of the future regulatory path will be announced—this is no coincidence, it's a signal.
FTX's bad debts are not fully uncovered yet; Ellison and Wang have been asked to "continue cooperating with the investigation," hinting that there may be bigger fish behind the scenes. Fines and guilty pleas are no longer enough; U.S. regulators want to nail down everyone involved one by one.
More importantly, on the same day, the CFTC is soliciting opinions on derivatives based on computing power, with mining computing power to be traded like crude oil and gold. This means: the crypto space as a lawless zone is ending, and everything will be brought under the financial framework.
Institutional funds can enter, but retail arbitrage opportunities will be squeezed. Meanwhile, Anthropic's billion-dollar credit is paving the way for an IPO, accelerating the integration of AI and crypto—the future you invest in will no longer be coins, but computing power and AI infrastructure.
See you tomorrow for the verdict. $BTC In the past two days, $BTC has made a violent breakout, climbing back above $68K, while ETH has directly surpassed $2,000, even surging above $2,200 at one point. More importantly, SOL has also started to rise noticeably, and the market is finally showing signs of spreading from BTC to mainstream counterfeit stocks. Right now, I prefer to look at the market like this: BTC → breaking through $68K → funds confirm a rebound in market risk appetite ↓ ETH → breaks $2K → briefly hits $2.2K → starts to follow ↓ SOL → breaks near $80 → highly elastic funds start returning ↓ BNB / XRP / LINK → waiting for funds to continue spreading ↓ DOGE / HYPE and other high-beta assets → Finally, the altcoin sentiment truly opens up A few I focus on here: $SOL It is the second tier I think is the most worth watching. Because it's not just about emotions—ecosystems, DeFi, payments, and institutional products all have their own stories. Recently, SOL-related ETF funds have also been strong, so if BTC and ETH continue to hold steady, SOL could easily become the next stage where funds seek flexibility. $BNB The logic is a bit different. BNB is actually the entire Binance ecosystem, with demands for trading, on-chain applications, fees, and liquidity. Moreover, this year the US market has already launched BNB spot ETF products, with institutionalization increasing. $XRP It's more like trading a payment + regulator + machineThe leader has something to say
After the BTC short positions were liquidated, I also reviewed this ETH wave. Ethereum surged from around 1900 directly to above 2400, rising 20% in 24 hours. This was not driven by a single piece of news, but by several factors combined.
First, a reversal in macro liquidity expectations. The U.S. Treasury announced doubling the scale of long-term bond repurchases, increasing each operation from $2 billion to at least $4 billion. The market immediately interpreted this as a "light version of QE." Long-term bond yields fell, the dollar weakened, and the holding cost of non-interest-bearing assets decreased. ETH rose from 1904 to 2112, with a daily volatility close to 11%.
Second, the SEC regulatory framework was implemented. On August 18, the SEC officially proposed a regulatory draft for crypto assets, opening a financing exemption path for projects. Shortly after, the White House held a crypto summit attended by the CEOs of Coinbase, Kraken, Ripple, and Robinhood. These two events together reduced regulatory uncertainty by a notch.
Third, short positions were liquidated. ETH derivatives short positions had been heavily built up. Once the price broke through 2000, short margin calls became urgent, triggering automatic liquidations on exchanges. About $1.57 billion in positions were liquidated within 24 hours, of which $1.41 billion were shorts. The short liquidation scale was 8.6 times that of longs. A total of 114,038 traders were liquidated in this wave. This was not a rally driven by longs, but a short squeeze.
Fourth, ETF funds entered early. On August 17, Ethereum spot ETFs saw a net inflow of $30.85 million, which surged to $71.47 million on August 18, with BlackRock alone contributing $64.68 million. In the first week of August, ETH ETFs had a net inflow of $245 million. Institutions confirmed their direction with real money.
Fifth, the ecosystem fundamentals are changing. BitMine’s ETH holdings have reached 5.815 million coins, accounting for 4.8% of total supply, with 87% staked. The ETH/BTC ratio broke a multi-year downtrend, with funds shifting from BTC to Ethereum. Standard Chartered Bank maintains a year-end target price of $4000 for 2026.
The essence of this ETH surge is the resonance of four factors in the same time window: macro easing, regulatory implementation, short squeeze, and ETF inflows. ETH outperformed BTC because its short positions were more crowded, its leverage structure more fragile, and the short squeeze more elastic. $BTC $ETH $SOL #BTC突破69000美元，这轮上涨能走多远？
The above analysis is time-sensitive; always set your stop-loss orders properly. Good luck.$CORE: (CORE) Progress of Korean Operations｜Institutional Custody, Exchanges, Community Status
1. Institutional Custody Cooperation (KODA)
Korean compliant digital asset custodian KODA has completed integration with Core network technology and is one of the early local custodians in Korea supporting Core PoS staking.
- Value: For local Korean institutional clients, they can participate in Core Bitcoin staking products through custody channels;
- Current status: Technically integrated, but due to Korean crypto regulations, large-scale institutional funds have not yet entered in bulk; infrastructure is ready, business volume pending;
- Positioning: Provides BTCFi staking entry for Korean institutions, a front-end layout rather than direct capital benefit.
2. Exchange Market (Local Korean)
1. Bithumb (leading Korean exchange) has launched the CORE/KRW trading pair, serving as the main trading venue for CORE in Korea, with direct KRW buy orders and a certain proportion of local retail trading volume.
2. Upbit has not yet listed CORE, lacking the traffic boost from Korea's largest exchange.
Market phenomenon: Korean community sentiment is highly volatile, with hype surging during price spikes and heavy sell pressure during declines.
3. Offline and Developer Activities
1. At the 2025 Korea Blockchain Week (KBW), the Core official team will attend with a booth to promote the BTCFi ecosystem and connect with local Korean developers, VCs, and KOLs.
2. No official localized office in Korea; the Korean market is driven by community ambassadors and external partners without an official direct team.
3. No publicly known large-scale Korean local DeFi or RWA projects deployed on the Core chain; the Korean ecosystem application layer is relatively weak.
4. Current Contradiction: Infrastructure Complete, Ecosystem Implementation Insufficient
✅ Completed:
- Custody integration, listing on leading Korean exchange, participation in KBW industry conference; all infrastructure laid out.
5. Future Observation Checklist (Korean Direction)
1. Whether KODA custody will disclose institutional staking scale;
2. Whether CORE can be listed on Korea's largest exchange Upbit;
3. Whether KBW will announce local Korean cooperation projects;
4. Changes in Korean regulatory policies, and whether BTC-Staking products will be deregulated. BTC breaks through $70,000, how far can this rally go? 🔥
Woke up to a completely changed market.
ETH surged significantly, holding above the 2300 mark, and BTC also followed through to break $70,000. This wave is not a mild rebound but a strong, rapid surge.
Breaking down the driving forces behind this rally:
The U.S. Treasury has increased its bond repurchase efforts, leading the market to expect looser trading liquidity, and institutional risk appetite has risen.
During the rally, a large number of short positions were liquidated, with a 24-hour total liquidation volume across the network reaching $1.4 billion. A significant part of the price increase comes from the short squeeze effect caused by forced closures of shorts.
Additionally, the spot ETF has ended its continuous outflow, and we are seeing incremental smart money re-entering the market.
But the faster the surge, the more important it is to stay clear-headed.
This kind of liquidation-driven rally comes hard and can retrace just as sharply. Avoid adding leverage at the top; risks will be magnified exponentially.
No need to rush in to catch the top; waiting for a pullback confirmation before making moves is much safer.
We still cannot directly conclude that the bull market has returned; the key going forward is whether BTC can firmly hold above the $70,000 level.
Today's intense volatility is another test of traders' mindset. 💤
$BTC $ETH
#BTC突破69000美元，这轮上涨能走多远？ Is this a true trend reversal or just a brief rebound after another short squeeze? How far can this rally go?
The U.S. Treasury announced an expansion of long-term Treasury repurchase operations, significantly improving market liquidity expectations. U.S. Treasury yields declined, and risk assets broadly benefited.
A large number of short positions were forcibly liquidated, with liquidation volumes reaching hundreds of millions or even over two billion dollars, forming a typical short squeeze. Positive statements from the Trump administration and regulators on crypto legislation, along with renewed net inflows into spot ETFs, jointly propelled prices to surge rapidly.
BTC successfully broke through the recent consolidation range's upper boundary and key resistance levels. Some analysts point out that after effectively breaking the neckline of the previously formed inverted head and shoulders pattern, the measured target points to the $73,000 to $76,000 range.
We must stay clear-headed. A significant part of this rally is driven by leverage liquidations and short-term liquidity, and the strength of continuous spot buying still needs further observation.
The Federal Reserve's policy path, inflation data, and long-term interest rate trends remain key variables. If yields rise again or risk appetite cools, prices could easily retest previous breakout levels.
The market is currently still in a recovery phase after a major correction, with a significant distance from previous highs. A true new bull market confirmation requires seeing more solid institutional capital inflows and fundamental improvements.
This rebound is expected to test the $73,000-$76,000 range; if it breaks through and holds, the upside potential will further open up. #BTC突破69000美元，这轮上涨能走多远？ Currently, FOMO chasing the highs is not recommended.
A large part of this round of gains comes from concentrated short liquidations, and the short-term increase is already considerable.
At the same time, there are several risks to be aware of.
1. At the July Federal Reserve meeting, 3 voting members supported a 25 basis point rate hike, indicating an overall hawkish stance.
2. If the Middle East conflict continues for a long time, it may push up energy prices and inflation, further delaying rate cuts.
3. The U.S. Treasury's expansion of long-term bond repurchases is mainly to improve bond market liquidity and does not mean the Federal Reserve is starting QE easing.
BTC still has the potential to continue rising, but the cost-effectiveness of chasing highs now is low; I prefer to wait for a pullback.
As for other altcoin projects, better to just ignore them—they're just air, with manipulators drawing lines at will. #美联储7月FOMC纪要9比3，官员加息分歧仍在
I am Brother Ci. The July FOMC minutes from the Federal Reserve have been released. Nine votes favored keeping the interest rate unchanged, while three votes supported a 25 basis point hike. Logan, Harker, and Kashkari cast the dissenting votes. The minutes show that the majority of participants support holding steady, but several officials lean toward raising rates if inflation does not continue to decline, indicating that policy may need to tighten further.
This is the most divided meeting minutes since 2026. The number of dissenting votes is the highest in recent years, showing that internal divisions within the Federal Reserve have become apparent. CPI and employment data released after the meeting are weakening, and the probability of a rate hike in September has dropped from over 70% to about 67% for holding steady. The minutes also specifically mention the financial stability risks that AI infrastructure financing and AI stock valuations might bring, which is a rare wording in the past.
Regarding the impact on BTC, the minutes themselves are hawkish, but the data is turning dovish. The market chooses to trust the data; BTC breaking through 70,000 is a direct response to improved liquidity expectations. The division itself is not important; what matters is the direction the market is pricing in. Brother Ci has finished speaking; you can savor it. $BTC $ETH $SOL ETH returns to 2000, but don't rush to call a bull run
In the past two days, ETH violently surged from around 1900 to a high of 2259 USD, an 18% increase, with short liquidations totaling 3.3 billion USD. On the surface, it looks impressive, but after breaking down the on-chain data, several details are worth pondering:
1. What drove this rally?
The direct trigger was the US Treasury expanding long-term bond repurchase operations, improving macro liquidity expectations. But note, ETH's rise followed BTC with greater elasticity, not driven by independent narratives (no news of ecosystem hits or ETF incremental funds). On-chain data shows the rise was mainly driven by contract short liquidations rather than large-scale spot buying — in other words, this was more of a "passive pump" caused by short squeezes, not an active bull attack.
2. Smart money is diverging
Whales opened 4x long positions at 1936 USD, with unrealized profits of 6.43 million, showing genuine optimism. But Longling Capital precisely sold 1800 ETH at 2100 USD — institutional funds did not chase the highs; instead, they reduced positions during peak liquidity. This divergence means: selling pressure above 2000 is real; not everyone believes it can hold.
3. Key technical signals
The weekly EMA50 (golden line) was broken, the first time since February this year, technically breaking out of bear market suppression. But the short-term RSI has entered the overbought zone, and 2259 just touched the daily Bollinger upper band. Historically, after the first breakthrough of a key moving average, a pullback confirmation often follows.
Summary:
The trend is indeed strengthening, with 2000 shifting from resistance to potential support. But short-term overheating + institutional selling + contract long-short ratio leaning bullish make a direct V-shaped reversal unlikely. I prefer to wait for a pullback to the 2000-2050 range to observe support strength; if it holds, the next target is 2400; if it breaks down with volume, this rally is a false breakout.
Bulls are not called out loud; they are walked out. DYOR. #银行业支持CLARITY，稳定币奖励成争议
The "Interest Dispute" Between Banking and Crypto Worlds: The Hidden Battle Behind the CLARITY Act
The American Bankers Association (ABA) recently publicly supported advancing the CLARITY Act, seemingly giving a "green light" to clearer crypto industry regulation, but the attached conditions hide a secret—they recommend strictly tightening stablecoin reward mechanisms before the September vote, even calling for banning any incentives "substantially similar" to interest payments.
This is not a simple regulatory game but a battle to defend deposits.
The ABA president bluntly stated that if stablecoin wallets and trading platforms attract user funds through rewards, it will directly drain liquidity from the banking system, ultimately impacting the "purse strings" of small business loans, mortgages, and agricultural financing. The previously passed GENIUS Act already explicitly prohibits issuers from paying interest to holders; now the controversy has shifted to whether third-party affiliates like trading platforms and wallets comply.
This dispute reveals a deeper issue:
The real difficulty of the CLARITY Act is no longer the classification game of "whether tokens are securities or commodities," but whether stablecoin yield mechanisms touch the core deposit business foundation of traditional banking.
On one side is the crypto industry's pursuit of "permissionless yield" freedom; on the other is the banking industry's defense of the "regulated interest margin" barrier.
Before the regulatory framework takes shape, this tug-of-war is destined not to subside.
🔍 Do you think stablecoin rewards should be regarded as "deposit interest" and thus restricted, or as part of product innovation? Feel free to leave your comments.1. High Beta Follower Type (They fly when BTC moves, but also pull back sharply)
ETH (Ethereum): The main leader in this rally, ETH/BTC ratio is rising, funds rotating from BTC to ETH. If macro sentiment doesn't reverse, the probability of continued catch-up within 3 days is highest; but it has already gained +18% in a single day, so the cost-effectiveness of chasing is declining.
SOL (Solana): +11% or more in 24h, the high throughput narrative remains, belongs to the type "ETH rises first, then it jumps."
HYPE (Hyperliquid): Has real fee income + buyback and burn, overall stronger than the market in August, belongs to high Beta with fundamentals.
2. Altcoins with Event Catalysts (Not pure followers)
TRX (Tron): Completed GreatVoyage v4.8.2 / Pyrrho upgrade window on 8/16, USDT settlement volume nearly 91.7 billion, network active; if the market stabilizes, it has independent small catalysts.
LINK (Chainlink): RWA + institutional data layer narrative, relatively strong in August, if RWA news continues in the next few days, elasticity is better than typical altcoins.
ARB (Arbitrum): Note—92.65 million tokens unlocked on 8/15 (about 1.4% circulation), short-term selling pressure exists, not a candidate for "most gain," rather a case of good news fully priced in; listed here to prevent misselection.
3. Extreme Cases: Meme/Micro Caps (May gain the most or go to zero)
BTW, HEMI and similar micro caps with +40%~70% single-day gains on 8/19, if sentiment continues in the next 3 days, they may double again, but liquidity is extremely poor and heavily controlled by whales; not in "most worth watching," only in "top gainers list."
A practical judgment
If asked "Who among the majors is most likely to continue leading?" → ETH > SOL > HYPE
If asked "Which has the greatest elasticity (including altcoins)?" → Provided sentiment doesn't collapse, HYPE, LINK, TRX have more sustainability than pure BTC followers.
If asked "Who will top the absolute gainers list?" → Definitely some low market cap meme coin, but that’s gambling, not analysis.
⚠️ Current position (BTC 69,000+ ETH single-day 18%) belongs to the "post-short squeeze continuation phase," in the next 3 days more common is a high shakeout / 5-10% pullback before choosing direction, rather than blind broad rally. If you want to move, scaling in is much safer than all-in. #BTC突破69000美元，这轮上涨能走多远？ Micron and SanDisk's plunge is just the beginning! The $200 billion "pump" kicks off in September, should AI players run?
When giants start borrowing to survive the winter, retail investors shouldn't rush in to be the fuel.
The AI bubble hasn't burst yet, but a bigger "pump" is coming — US companies are expected to flood the bond market with up to $200 billion in September, with tech giants frantically borrowing to build infrastructure. The market has limited money; more bond issuance means the stock market will get drained.
Who gets hurt the most? The AI upstream "shovel sellers" SanDisk and Micron! They survive on capital spending from giants, but now with soaring interest rates and higher borrowing costs, the market is starting to doubt whether future HBM and NAND orders will materialize, so they get hammered first.
How should players respond?
Don't rush to bottom-fish: the peak bond issuance in September hasn't arrived yet, liquidity pressure remains.
Keep a close eye on US Treasury yields: as long as they don't turn around, growth stocks will struggle to improve.
Hold onto cash: wait for Q3 earnings to verify real demand before acting. This AI narrative has changed — from painting rosy pictures to checking the books, being cautious is wise.
Remember: when the tide goes out, you see who's swimming naked. Don't be the last bag holder.
Do you think this AI correction has bottomed out? Let's discuss in the comments! #美联储7月FOMC纪要9比3，官员加息分歧仍在 $SNDK $MU $HYPE Practical Review: Small Profits in a Volatile Market, Keep an Eye on Key Levels
Currently, HYPE is reported at 69.34, with the market consolidating in a very narrow range between 69.33 and 69.35.
From the order book, bullish sentiment dominates (buy orders 57% vs sell orders 43%). Around 200 buy orders near 69.338 provide support, while selling pressure at 69.35 limits the rebound, showing a typical high-level "accumulation and readiness" pattern.
Looking at my position, the average entry price is 69.223, with an unrealized profit of +0.01 USDT (0.53% gain). Although the profit is small, maintaining steady floating gains in the current volatile market indicates a relatively ideal entry point.
What’s reassuring is the maintenance margin ratio is as high as 7714%, meaning leverage is used very prudently with no liquidation anxiety.
Operationally, I’m currently using 3x leverage, a position that allows both offensive and defensive moves.
Personally, I will focus on the resistance zone at 69.35; if there is a volume breakout, the upside space opens up; if it falls below 69.33, consider taking profits to secure the bottom.
At present, volume has not fully expanded, and the main force is likely waiting for a direction. I suggest not getting shaken out by minor fluctuations, set stop losses properly, and follow the trend.
$SNDK
$ETH
#美联储7月FOMC纪要9比3，官员加息分歧仍在 It seems the pressure on U.S. Treasury bonds has become so great that the Treasury Department had to step in personally to support the market.
The scale of long-term Treasury repurchases has increased from $2 billion per transaction to at least $4 billion. Once the news broke, the 30-year yield quickly fell from its high, gold, BTC, and U.S. stock futures all rallied, while the dollar weakened, and market sentiment immediately improved.
But I don't think there's any need to get too excited. Treasury repurchases and Federal Reserve QE are completely different things; essentially, this is just the Treasury injecting some liquidity into the long-term bond market with fiscal funds. Putting $4 billion into a $40 trillion Treasury market can stabilize sentiment but does not solve the U.S. deficit or the ongoing debt issuance problem.
However, I am increasingly paying attention to what this means for BTC and gold.
As U.S. debt continues to grow, whether through rate cuts, increased liquidity, or efforts to lower financing costs, the market will start worrying again about the purchasing power of the dollar. Gold naturally benefits, but BTC is even more interesting—its supply won't increase just because U.S. debt rises. I will also be closely watching ETH. If long-term rates have truly peaked and the dollar continues to weaken, with risk appetite returning, high-beta assets like ETH could have even greater upside than BTC.
So tonight, I’m not rushing to call a bull market.
I prefer to see this as a signal: the bond market is starting to force the U.S. to act, and this could very well be the starting point for BTC, ETH, and gold to be repriced.
$BTC $ETH $XAU #OpenAI Q2 revenue $6.7 billion, losses widen
After reviewing OpenAI's Q2 operating data, honestly, I feel quite moved.
Q2 revenue reached $6.7 billion, compared to $5.7 billion in Q1, an 18% quarter-over-quarter increase. The revenue side still maintains a strong growth pace, with user scale and product ecosystem remaining its biggest trump cards. But on the other hand, the operating loss directly expanded from $9.3 billion to $12.3 billion, and the burn rate is accelerating further.
Comparing with Anthropic creates a stark contrast: during the same period, Anthropic achieved $11.6 billion in revenue, doubling quarter-over-quarter, and even realized a slight operating profit. This is quite interesting—OpenAI holds a stronger consumer-end traffic entry, but in enterprise client conversion and operational efficiency, it has been caught up with and even partially surpassed by its competitor.
At the same time, OpenAI's CFO revealed in an internal meeting that the IPO target is 2027, and if business development exceeds expectations, the listing time could be moved up. However, it should be noted that both companies are still private, and these data come from media and investor materials, not strictly from public company financial reports, so there may be discrepancies in scope.
This also signals that the valuation logic in the AI industry is undergoing a shift. Previously, the market only focused on revenue growth and user numbers; going forward, for these AI giants, loss scale, profit margins, and high computing power costs will become core valuation metrics. Revenue growth alone does not mean everything is healthy; whether they can control the cash burn and achieve positive profitability will determine the capital market's pricing after listing.
On one side, revenue is surging; on the other, massive losses continue to expand. OpenAI is now at such a crossroads, and the progress in cost reduction and efficiency improvement is worth continuous tracking. Analysis of the Reasons Behind Yesterday's Crypto Market Surge
The market saw a significant rise yesterday, and I believe there are several main reasons:
First, the market's expectations for improved liquidity have strengthened.
Funds are starting to flow back into risk assets, and the crypto market, being a highly elastic asset, often reacts in advance.
Second, there was a large accumulation of short positions in the market previously.
Many chose to short during the ETH and BTC pullbacks. When prices began to rise and break through, some shorts were forced to stop loss, resulting in short covering that further propelled the rise.
Third, ETH experienced a catch-up rally.
Previously, BTC showed relative strength while ETH had a larger correction. After market confidence recovered, funds began to seek previously undervalued assets, making ETH's rebound more pronounced.
From the current perspective, this rise looks more like:
Improved liquidity expectations + short covering + rebound driven by capital repositioning.
However, a short-term rise does not mean the trend is over. Going forward, the focus remains on whether the market can maintain strength and if capital continues to flow in.
Personal view:
I prefer to participate with small leverage, giving the market enough time, and not chasing short-term sharp rises or falls.
The market always fluctuates, and good opportunities require patient waiting.
(Personal opinion shared, not investment advice, manage your positions carefully.) Before this market rally, Bitcoin's volatility was at a cyclical low, and market participation was relatively low.
VanEck just said: multiple capitulation indicators for BTC have been triggered, possibly signaling the end of the correction.
Low volatility + low participation + high leveraged shorts = the perfect short squeeze recipe.
You think the market is dead?
It's just waiting for an excuse.
When it comes, it will be 2.98 billion.
The next question is:
If trading volume and capital flow can't keep up, can BTC and ETH hold this rebound?
Are ETFs still continuing to buy?
Do shorts dare to come back in? $ETH $BTC $SOL On August 19–20, the crypto derivatives market experienced the most one-sided liquidation event since 2026. Coinglass data shows that 173,214 accounts were liquidated within 24 hours, with a total liquidation amount of approximately $2.98 billion, of which short positions accounted for $2.74 billion, or 92%—the single-day short liquidation amount set a historical record, surpassing the $2.47 billion on October 10, 2025. Even more extreme was the speed: about $1.3 billion liquidated in 1 hour, about $1.8 billion in 4 hours. The entire previous day saw only $196 million—an increase of 15 times. The most striking thing today is not how much BTC rose, but who is driving the price up. The core question: is this a reversal or a short squeeze? Conclusion first: the main driver of this rise is forced buying caused by short stop-losses/liquidations, not institutional spot buying. ① Liquidation structure: extremely one-sided · 1 hour: total liquidation about $1.31 billion, shorts about 94% · 4 hours: total liquidation about $1.8 billion, shorts 93% · 24 hours: total liquidation about $2.98 billion, shorts 92% · 24-hour long liquidation: only about $240 million If it were a trend-driven long entry, long and short liquidations should be more balanced. In reality, almost all liquidations were on the short side—a typical short squeeze structure. 4-hour exchange distribution (Co#FOMC9To3Split
A 9-3 vote sounds decisive. I think the disagreement is the real story.
Three Fed officials still wanted another hike, even as inflation cools. That tells me the bar for rate cuts is still high.
Markets may be celebrating softer data a little too early. Is the Fed more divided than investors think? What happened in the crypto world last night: $BTC approached $70,000, and the real trigger for the rally was not a single positive factor, but three fires igniting simultaneously. Last night's rally should be considered the most noteworthy large bullish candle in the crypto space recently. $BTC climbed steadily from around $64,000, approaching $70,000 intraday, with a single-day gain exceeding 7% at one point; $ETH reclaimed the $2,000 level, and major altcoins like $SOL and $XRP even outperformed $BTC. In the latter part of the rally, capital began to flow into MEME tokens like $DOGE and $PEPE, and the market saw a long-awaited comprehensive return of "risk appetite." However, if you interpret last night's rally simply as "the SEC released positive news, so the market rose," that would be an oversimplification. The real logic is that three events happened almost simultaneously: the U.S. Treasury stepped in to support liquidity, the U.S. government continued to ease crypto regulations, and highly leveraged short positions were collectively liquidated. The combination of these three factors created last night's large bullish candle. The first fire: The U.S. Treasury took action, and the market's biggest concern—the "liquidity issue"—suddenly eased. The most important news last night was not even from the crypto world itself. The U.S. Treasury announced that starting September 9, it will at least double the scale of long-term Treasury liquidity support repos. For long-term government bonds with maturities of 10–20 years and 20–30 years, the repo limit will be raised from $2 billion to at least $4 billion each time. Why did this news boost $BTC?