U.S. August ISM Non-Manufacturing Supplier Delivery Index

Say 666. Draw 10 amounts of 2.22 USDT, the first 10 entries will win. September 3 market forecast, long and short direction, point layout #BTC##ETH##PI##WLFI#0.8GT Subscribe to Private Circle Interest rates are about to be lowered, everyone should be cautious when shorting. BTC layout at 110500/111000, target 112000/118000, stop loss at 108800 Ethereum 4270/4300 layout, target 4550/4800, stop loss 4170

#PI# Banks in various regions have started exchanging PI, priced at 314 yuan. I am already in line.

The current Crypto Assets market is at a critical turning point, and the trends of Bitcoin ( BTC ) and Ethereum ( ETH ) are worth following closely. In terms of Bitcoin, the monthly chart shows that it has broken below the previous low, displaying a bearish tendency, but it has not yet fully entered a clear downward trend. The weekly chart has shown three consecutive weeks of bearish candles, with prices finding support around $107,000, but the effect is not ideal as the previous low has been slightly breached. Next, $107,000 will become a key observation point. If this level is broken, the downward trend at the weekly level will be confirmed, and attention should then be paid to the support level at $102,500. It is worth noting that the current weekly trend has not fully deteriorated, appearing slightly stronger compared to Ethereum. If it can break through $114,500, it may reverse the previous downward trend. In contrast, Ethereum's performance has been relatively weak. The weekly chart has seen a decline for two consecutive weeks and has broken through previous low points. Currently, the $4000 to $4100 range has become a key support level, and if it is breached, it may further exacerbate bearish sentiment. There is clear resistance above, and it first needs to stabilize around the recent short-term high of $4420. If it cannot break through these key positions, it may continue to fall to the $4000-$4100 range. Overall, Ethereum's current trend is weaker than that of Bitcoin. In this uncertain market environment, investors need to remain vigilant and closely follow the changes in these key price levels. The market may experience significant fluctuations in the short term, making it essential to develop a reasonable risk management strategy. At the same time, it is important to pay attention to macroeconomic factors and industry news, as these can have a substantial impact on the Crypto Assets market.

Recently, the Ethereum ecosystem has once again become the focus of the Crypto Assets world. The latest announcement from the Ethereum Foundation has garnered widespread attention, as the foundation plans to sell 10,000 ETH Tokens in batches over the coming weeks. This decision aims to provide funding support for ongoing research and development, funding programs, and charitable donations. In order to minimize the impact on the market, the foundation adopted a cautious approach, choosing to complete the fund conversion through multiple small transactions on centralized trading platforms rather than a single large transaction. This strategy not only reflects the foundation's responsible attitude towards the market but also demonstrates its confidence in the long-term development of Ethereum. This move highlights the vitality of the Ethereum ecosystem and the foresight of the foundation. By converting part of the assets into readily available funds, the foundation can more flexibly support various innovative projects and key research, thereby promoting technological advancements and application expansion across the entire Ethereum network. Although the market may react to this news in the short term, in the long run, this strategic allocation of funds is likely to pave the way for the continuous development of Ethereum. It not only injects new vitality into the ecosystem but also provides the necessary financial support for future groundbreaking innovations. As Ethereum continues to make progress in blockchain technology and decentralized applications, industry experts generally hold an optimistic view of its prospects. This initiative by the foundation will undoubtedly further strengthen Ethereum's leading position in the Crypto Assets and blockchain fields.

INSTITUTIONS ARE COMING BACK TO BTC Fidelity sold ETH and bought BTC. Bitwise sold ETH and bought BTC. Grayscale sold ETH and bought BTC. ETFS JUST SOLD $135M ETH AND BOUGHT $332M BTC