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Thankfully, he added some margin before calling it a night. But today, something feels off with $USELESS. The feed is suddenly packed with “bullish” narratives: community plans, KOL discussions, rising spot volume, and endless buy calls. Sounds exciting—but where’s the real catalyst? A lot of the current optimism looks more like recycled hype than fundamental progress. Remember the move from roughly $0.018 to $0.27—that’s already close to a 15x run. A huge amount of profit has had plenty of timeAI narratives can't save it, so why do you think buying in will make it go up?
At lunch, a big brother in the group was shouting that the bottom of new coins is forged through endurance!
$CP this round has shown everyone the valuation trap of new coins.
Before launch, everyone said "AI infrastructure, the future is promising." Two days after launch, the K-line tells you: AI hasn't changed the world yet, what changed first was your balance.
So where is the problem with $CP? Three points are obvious at a glance: circulation rate is only 27%, a massive amount of tokens are locked; volume is several times the market cap, speculative trading back and forth; many exchanges have listed it! It looks lively, but more listings don't mean there are buyers to support it.
Multiple platforms launching simultaneously essentially means the project team is expanding the channels to dump tokens, not a positive sign.
One more thing from Kuzi! The most important things to look at for new coins are not "how much it has dropped and whether you can catch it," but valuation, circulation, and real demand. Stories can lie, but on-chain data won't.
#CLARITY法案9月15日闯关，60票成关键 #9月加息概率升至约60%，美联储面临两难选择 $BTC $ETH $SOL You see BTC hasn't dropped much, but the contract circle is bleeding heavily: longs exploded by over 160 million, shorts only about 80 to 90 million. Why? Because everyone thinks "a pullback is just a bull retracement," going 10x or 20x long, but when it fell from 79,000 to 77,800, the liquidation line was hit, and machines are harsher than humans, cutting sharply. ETH funding rates haven't gone crazy, indicating it's not a full-blown frenzy, just localized hype. On the cycle, the daily chart isn't broken yet, but the 4-hour is weak, making short-term traders suffer the most: longs fear a CPI black swan, shorts fear ETF funds coming in to sweep up. What are the veterans doing now? Deleveraging, saving ammo, and placing stop losses outside. The crypto world isn't about who makes money fastest, but who doesn't get forced out before the news. #加密财库分化：买币还是回购？ #9月加息概率升至约60%，美联储面临两难选择 #OKX预言家：FOMC预测胶着，欧冠正式揭幕 Open an LP and start earning rent on-chain.
Today, I opened a NVDAx-USDG Uniswap V3 liquidity pool in the OKX Web3 wallet. I invested about $4600 as the base position, running a 0.05% fee pool. This not only allows me to earn trading fees from both sides but also lets me enjoy the extra rewards given by OKX for free.
Why choose this liquidity LP?
I believe NVDA is very likely to remain within a relatively wide range for a short term, repeatedly oscillating and consolidating, making it difficult to immediately break out into a one-sided sharp surge or plunge without turning back.
So I set the V3 market-making range between 197.578 and 267.5 USDG. It's like weaving a net on-chain; as long as the price jumps up and down within this oscillation box, I can earn trading fees.
The essence of this concentrated liquidity strategy in practice is flexibility: if the market strongly breaks above 267.5, the system strictly enforces discipline, automatically taking profits at highs and converting all assets into absolutely safe U; if the market dips and breaks below 197.5, it means using my U holdings very prudently to gradually buy NVDAx base chips at low prices.
Peace of mind is important in investing. I feel very confident holding this.
#加密财库分化：买币还是回购？ Don't expect Bitcoin to have a quiet couple of days. The price is currently around 79,400 to 79,700. After falling back from 82,000, it slightly rebounded today but hasn't yet firmly reclaimed the 80,000 level.
The real critical point is the U.S. August CPI on Friday, the day after tomorrow. The Federal Reserve meets on September 16, and the market is roughly split on whether there will be a rate hike or not. If the CPI is higher than expected, rate hike expectations will rise again, and the support around 78,000 to 77,000 will likely be targeted and broken; if it's moderate or even below expectations, funds might push the 80,000 to 80,050 levels back into play.
Tomorrow, Thursday, there are also the European Central Bank decision and U.S. PPI, which serve as warm-ups. The market will likely oscillate between 78,500 and 80,000 in the next few days. Before the news comes out, neither bulls nor bears dare to fully commit their positions. Leverage was already liquidated once on Monday, and another wave of volatility could trigger a significant chain reaction.
So the next two days will be more like "waiting for data-driven fluctuations," and the direction will only be clear after Friday morning's inflation figures are released $BTC ETF — There’s a strange divergence happening.
On Sept. 8, $BTC ETFs saw -$46.65M, while $ETH ETFs saw -$24.29M. At first glance, it looks like money is leaving. But BTC ETFs had just recorded $1.01B in inflows across 3 sessions.
Meanwhile, $BTC holds around $79.6K and $ETH $2.52K, while $XRP ETFs continue attracting capital.
Hidden signal: Institutional money isn’t gone — it’s starting to pick winners.
If this rotation continues, which token gets chosen next?#ZEC enters the top ten, institutionalization process accelerates
What does Brother Ma think about this?
The launch of the Zcash ETF is a milestone for the privacy sector, as institutional funds finally have a compliant channel. ZEC's market cap surpassing DOGE indicates that funds are flowing back from Meme to technology-focused projects. However, Wang Chun's doubts are not without reason— with a market cap of 19 billion USD, it ranks alongside Solana and Hyperliquid, but its actual use cases and ecosystem scale are still far behind. The privacy narrative is indeed making a comeback, but whether it can sustain this valuation depends on whether the ETF can continue to attract capital inflows, rather than relying on retail investor sentiment to artificially boost it.
In terms of trading strategy, it is still recommended not to aim for the top in the short term; follow the trend and wait for a clear trend to emerge before making moves. This is the safest approach.
$ZEC $BTC 【 $BTC Four-Year Cycle Total Engraving Series 60】
September 2015: 78 days after the price broke above the green line to the recovery peak
April 2019: 85 days after the price broke above the green line to the recovery peak
January 2023: 85 days after the price broke above the green line to the secondary recovery peak
Current: 18 days since the price broke above the green line
┌─ Indicator Details ─┐
The green line represents the average purchase price of BTC held on-chain for 3-6 months (based on the UTXO version)Today Venice Token $VVV surged about 50% at one point, with the price breaking through $27. The market is currently linking this rally to the controversy over OpenAI's privacy and data usage, as Venice uses infrastructure related to NEAR AI Cloud.
This quite fits the current market sentiment: the stronger AI gets, the more people worry about data; the more convenient centralized models are, the more people want privacy. Thus, privacy AI is being repriced.
Ajian believes the privacy narrative indeed has long-term demand, but a 50% increase in one day often feels more like an attention shock and does not mean the business model has been validated. Caution is advised when chasing the high.这周的加密市场相当热闹，但真正决定中期方向的不在K线上，而是藏在三个看似不搭边的事件里。 CLARITY法案（Clarity Act）的程序性投票定在9月15号，市场给出的通过概率只有5%。5%是什么概念，就是华尔街已经几乎把这事当死棋看了。参议院共和党虽然手握53个席位，但过cloture至少要凑60票，也就是说起码得拉到7个民主党参议员过来投赞成。目前一个公开站台的都没有。更麻烦的是，共和党内部自己先裂了，霍利、莫兰、蒂利斯三位参议员已经明确表态反对或者拒绝背书。 反对的核心卡点在于道德规范条款。民主党咬死了一条底线，不可能豁免总统的伦理约束。这条线两边都不会让步，所以技术上法案几乎走不动。再叠加一个时间窗口问题，临近中期选举通过重大监管法案历史上就极其罕见，众议院甚至直接取消了9月最后两周的立法议程安排。按参议员卢米斯的说法，如果这届国会搞不定，下一个加密市场结构的立法窗口可能要等到2030年总统大选周期。 听着挺绝望的对吧。但我自己反复琢磨后的判断是，法案搁浅反而不一定是利空。 为什么这么说。因为立法死锁的真空地带，正在被行政监管快速填充。SEC和CFTC的行政规则制定和指引其The real decisive battle is in the next 48 hours: PPI → CPI → Fed
Today, BTC has no particularly important primary US economic data.
What really matters is the next two days.
The current public schedule points to:
September 10: US PPI + Initial Jobless Claims
September 11: US CPI.
And the Fed meeting is:
September 15–16.
So the market is actually waiting for:
Strong non-farm payrolls + oil prices near 100, will US inflation accelerate again?
This will create two very clear trading paths.
Soft CPI/PPI:
Fed rate hike probability decreases
→ US Treasury yields fall
→ BTC retakes 80K
→ 81K–82.8K tested again.
Hot CPI/PPI:
Fed rate hike probability moves back up to 70% or even higher
→ US Treasury yields rise
→ BTC retests 77K
→ 75K becomes the main target.
So currently, there is no need to bet prematurely on the big direction at the 79K level. In June 2026, Bitcoin $BTC dropped to a low of 58,000, marking the market's lowest and most anxious phase. In the following two months, everyone began debating whether Bitcoin would fall to 50,000, 40,000, or 30,000, with surprisingly consistent bearish sentiment. This is a typical bottom feature: consensus begins at an even lower low. Unexpectedly, two months later, three major bullish candlesticks pushed Bitcoin down to 80,000. No time for those who missed out, nor any good news. At first, everyone was very happy, but after about three weeks of consolidation, A new question has arisen: some believe this is just a bear market rebound, some believe there will be a deep pullback, and others think it will drop to 40,000, because this fits past cycles better. The ones who miss out the most are those who miss out—on one hand, anxiety about missing out; on the other, price forecasts from all directions, making it even harder to decide. To fundamentally eliminate this problem, let me show you an example: September 22, 2021: The Federal Reserve began to clearly send a Taper signal. If the economy continues to improve as expected, it may soon need to slow down asset purchases. At that time, Bitcoin had just risen from the bearish low of 28,000 during the May 19 event to a September high of 50,000, and by September 22, after a 20% correction, it only returned to the lowest point of 40,000. We know that slowing down balance sheet expansion is equivalent to a slight tightening of liquidity, which should have been a bearish move, which was a major negative sign. But a month later, Bitcoin actually rose to a new levelBTC短线见顶信号出现了，但我没急着追空 白天这波下跌，到底是洗盘还是转势的开始？🫧 先说结论，从我的盘感来看，现在的行情节奏更偏向博弈阶段，而不是单边趋势的启动。多空双方都在试探，谁也不想先亮底牌。 今天用模拟的小仓位做了两笔短线，纯粹是验证一下自己对盘面的判断。 - BTC在78581附近开了空单，77920附近平掉，吃了一小段急跌的利润。跌完有承接，我立刻跑了，不贪。 - ETH在2481附近空，2460平。明显感觉ETH比BTC更弱，反弹的时候跟涨乏力，下跌的时候跌得更顺畅。 为什么要提这个细节？因为板块强弱就是资金偏好的镜子。ETH相对BTC走弱，说明场内资金在收缩风险敞口，不愿意给山寨和主流币更高的溢价。这种时候，做多要选强势的，做空要选弱势的，节奏比方向更重要。 现在我又挂了一笔BTC的空单过夜，止损止盈都设好了，不打算盯盘。晚上的消息面经常不按常理出牌，一根大阳线或者大阴线都可能直接打掉你的仓位。与其硬扛，不如把风险交给条件单。 市场现在在交易什么？我觉得短线资金已经在提前计价美联储的鹰派预期，美股那边科技股的波动也在向加密传导。但另一面，链上的稳定币流入并没有明显萎Scenario Simulation for CLARITY Bill｜Two Scripts: If Passed, Target $200,000–$250,000; If Not Passed, Target $150,000–$200,000
Two popular scenario simulations are circulating in the market 📝
✅ CLARITY Bill passes smoothly: Bitcoin target range $200,000–$250,000
❌ CLARITY Bill fails: Bitcoin target range $150,000–$200,000
The logic is straightforward:
If the bill is enacted, embedding crypto regulation into federal law, it will eliminate the biggest policy uncertainty, significantly lowering entry barriers for pension funds and institutional capital, thus opening the valuation ceiling for the market.
Even if the bill does not pass, it does not mean a crash; it just means regulatory uncertainty persists, institutional entry slows down, and the market center shifts down to the $150,000–$200,000 range.
But be clear: the CLARITY Bill is only a catalyst, not the sole determinant of the market.
Federal Reserve rate hike expectations, CPI inflation data, Middle East geopolitical conflicts, ETF fund inflows and outflows—these macro forces will also strongly constrain the coin price.
Even if the bill passes smoothly, if inflation remains high and the Fed maintains high interest rates, it will be difficult to violently push the price to $250,000;
Conversely, if the bill is blocked, as long as macro liquidity warms up, BTC still has room for recovery and upward movement.
Also beware the classic "buy the rumor, sell the news."
The market is already trading ahead on the bill’s expectations. Even if the vote passes smoothly, a short-term pullback after the good news is possible. Do not take these two target price ranges as direct bases for heavy positions.
$BTC
#加密财库分化：买币还是回购？ Left hand heavily holding $33.37 million in $ETH, right hand cross-chain buying $8.21 million in $ZEC!? 🤯
Four addresses belonging to the same entity/whale woke up simultaneously after sleeping for 6 months, heavily holding ETH and ZEC
▶︎ Bought 13,290.6 ETH at an average price of $2511 through Cowswap
▶︎ Spent 2500 ETH to buy 6601.37 ZEC via Near Intents (cross-chain intent protocol)
—— For this, he even paid a service fee of 16.75 ETH, equivalent to about $42,000, and the purchase seems to be ongoing Corporate crypto treasuries are no longer playing the same game. It’s becoming a battle of STRATEGIES. 🟠 STRATEGY → WAITING No BTC purchase last week. Instead → ~$176M spent repurchasing preferred shares. Reported holdings: ₿ ~845,050 $BTC 💵 ~$6.5B cash The message? Don’t chase BTC at any price. Keep capital ready. 🔵 BITMINE → CHARGING Spent ~$69M buying $ETH last week. → ~5.929M ETH → ~4.9% of total ETH supply → Closing in on its 5% target And ~85% of its ETH is reportedly staked. At a ~2.61Visa This news, I think, is more worth watching than another 100x coin.
It just announced that it will connect VisaNet's settlement data to on-chain lending, helping stablecoin card projects obtain working capital. Simply put, after users swipe their cards, payment companies sometimes need to advance funds; now this money can be resolved through on-chain financing.
This demand is quite practical: people still consume on weekends, and cash flow can't take a holiday along with banks.
Previously, when talking about DeFi, the most common was collateralizing coins, borrowing money, and then buying coins again. Now payment companies are starting to borrow money to handle the billing periods generated by real consumption.
I prefer to see this kind of progress. Ordinary people may not need to know which chain they are using, as long as the card swipe is smooth and the fees are reasonable.
Crypto entering daily life might be just like this—the backend changes, and users don't even notice.Many people may not have realized yet that a real invisible variable is approaching: quantum computing
IonQ just announced a very noteworthy study: according to its latest model, a fault-tolerant quantum computer with about 20,000 physical qubits could theoretically solve the secp256k1 elliptic curve discrete logarithm problem used by Bitcoin in about 26 days.
Note this is a theoretical resource estimate, which does not mean that anyone currently can use a quantum computer to crack BTC, nor does it mean BTC will definitely be compromised by 2028. Currently, no machine exists that can perform such an attack.
But this is exactly where the real concern lies.
IonQ's roadmap continues to push quantum computing capabilities to larger scales in 2027–2028. (IonQ)
And the issue with BTC has never been "can a quantum computer break it today," but rather:
Will the evolution speed of quantum computing outpace BTC's cryptographic system upgrades?
Because once a truly capable fault-tolerant quantum computer appears in the future, BTC addresses with exposed public keys could theoretically become attack targets.
By that time, the window for the network to migrate its cryptographic system may be much shorter than expected.
So in the next two to three years, besides watching ETFs, interest rate cuts, and institutional funds, I think everyone should also start paying attention to an indicator that few have discussed before:
When will BTC truly complete its migration to post-quantum cryptography? Strategy isn’t buying more $BTC right now. It just spent ~$176M buying back $STRC. And that may say more about the treasury strategy than another BTC purchase would. The old playbook was simple: 💰 Issue shares/debt ₿ Buy BTC 📈 Hope BTC appreciation increases shareholder value But there’s a catch. If the stock loses its premium and financing gets more expensive, issuing more shares to buy BTC can eventually increase BTC holdings while reducing BTC exposure PER SHARE. So Strategy is doing the ma$UNI Free lunch expires on September 29
Once Robinhood Chain's gas subsidies stop, the "real test" of UNI's quality will arrive
1. This has been overlooked: Robinhood Chain's gas subsidies expire on 9/29, and the "free trading" on-chain will end. In two months, it burned through $47 billion in volume, with a single day reaching 3.7 billion, surpassing Solana at one point, accounting for 56.3% of Uniswap V4's total volume. How much of this volume was fueled by subsidies will be clear on the expiration date. The industry is watching closely; this is a real test of UNI's volume and price.
2. The short-term structure is a bit weak: On 9/6, when volume surged to 7.48, contract open interest actually dropped by 16.8%, with longs liquidating, indicating no new money entering. The surge was from old longs repositioning, not new inflows.
3. There is a policy variable: The CLARITY Act procedural vote in the Senate on 9/15 (needs 60 votes). If passed, it is a systemic positive for DeFi, but not a game-changer, so don't go all in prematurely.
4. Price retraced near 6.8, with 6.75-6.90 as the first support zone; if broken, look at 6.20-6.40; on the upside, holding 7.30-7.50 is needed to open the way to 8.
My view: The mid-term logic remains intact, but the Robinhood Chain variable is more worth watching than overall market data. Once subsidies stop, the on-chain volume drop will force a revaluation of UNI.$ZEC surged 2496% this year, can the privacy sector still be chased?
Privacy coins are becoming the brightest sector in 2026, up 213% this year, the only crypto sector still above the October 2025 peak. ZEC is absolutely core, up 2496% over the past year, accounting for about 62% of the total market cap in the privacy sector.
Core logic behind the rise:
① Grayscale Zcash spot ETF (ZCSH) launched on August 25, with AUM surpassing $500 million within two weeks, holding over 550,000 ZEC, options already online, traditional funds are systematically allocating to the privacy sector
② After ZEC broke through $1,000, it triggered massive short liquidations; on September 4 alone, about $34.5 million in short positions were liquidated, and short covering further pushed prices up
③ $DASH, $XMR, and $ZEN have all outperformed Bitcoin in the past 90 days; the privacy narrative is shifting from a "niche sector" to an "institutional allocation direction"
Short-term outlook:
ZEC has recently been oscillating between $1,200-$1,250 at a high level, holdings dropped from 570,000 to about 550,000, funding rates turned negative, shorts have not exited. If it can hold above $1,200, the upside target is $1,500; if it breaks down, it may pull back to around $1,076-$1,100.
In a nutshell: ETF narrative + institutional funds + short squeeze, the hard logic remains unchanged. But short-term overbought + high-level oscillation means chasing highs requires caution, wait for pullback confirmation.
#ZEC跻身前十，机构化进程提速 When oil prices approach $100, the most common mistake in the market is to treat every negotiation update as a ceasefire countdown.
The US-Iran conflict has entered a dangerous cycle of repeated retaliation. The US attacks Iranian oil tankers, Iran threatens energy facilities, and shipping volumes through the Strait of Hormuz remain low; meanwhile, whenever there is any arrangement or hint of negotiation, oil prices immediately give back some of the risk premium. On screen, it looks like a few dollars' fluctuation, but in reality, shipowners' premiums, rerouting costs, refinery purchases, and aviation fuel are all being repriced.
I now prefer to see "conflict escalation" and "negotiation signals" as part of the same game, rather than contradictory news. The more both sides want to raise prices at the negotiating table, the more likely they are to create pressure outside it first. The real turning point is not in a single statement of "willingness to talk," but in whether the shipping lanes can continue to recover, whether oil tankers stop being targets, and whether energy facilities truly come off the attack list.
A $100 oil price is not just a number; it is the global economy's toll for uncertainty. The frightening part is that this bill is renewed every day.
#美伊冲突升级，百元油价与谈判信号并存 $BTC $ETH $ZEC
Oil prices approach $100, US stock AI trading logic undergoes fundamental change
Recently, US stocks have been sluggish, with all three major indices closing lower, but capital flows reflect a shift in market trading logic. WTI crude closed at $93.03, up 11.55% over the past six trading days, Brent crude nears $100, combined with the 10-year US Treasury yield surging close to 4.8%, creating dual pressure that suppresses high-valuation growth stocks.
This round of oil price surge is driven by multiple factors including geopolitical conflicts, shipping disruptions, and inventory drawdowns. Risks in the Strait of Hormuz shipping have intensified, and US crude inventories have sharply declined. Meanwhile, the AI sector’s trading logic has shifted from hype to focusing on performance: Nvidia and the big seven tech giants weakened, but semiconductors, optical communications, and chip hardware sectors strengthened, with capital flowing into the computing infrastructure industry chain with real orders, while the software sector is under pressure.
This week, CPI and PPI inflation data will be released, with the market’s probability of a September rate hike rising to 60%. If oil prices transmit to inflation, strong sectors will also face tests. However, the oil price rise is temporary, with expectations of easing geopolitical tensions. Once signs of conflict easing appear, oil prices may fall, and US stocks could recover. Patience is advised. #加密财库分化：买币还是回购？ #CLARITY法案9月15日闯关，60票成关键 #ZEC跻身前十，机构化进程提速 $LAB LAB hit a low of $0.064, now priced at $0.066. As bulls, we failed this time. I can only say that LAB might indeed have very little liquidity. Since LAB has now fallen below $0.066, I think there's no reason to go long at this price.
Therefore, I believe it's time to give up on going long LAB. LAB will most likely continue to drop, breaking below the lower low of $0.055. The main reason is that a large amount of tokens were unlocked suddenly last time. LAB's market cap is still tens of millions of dollars. I think a large amount of tokens need to be absorbed, plus the faith imbalance after the crash.
The dream of LAB's rebound is completely shattered. The rebound I expected earlier will probably be very hard to come. It seems that even though LAB has dropped to such a super low price, shorting on rallies is the wise move. The strategy of trying to bottom-fish for a rebound this time was indeed a miscalculation.#ZEC rises into the top ten by cryptocurrency market cap
Don't be fooled by the hype around ZEC; the scale of altcoin ETFs is really nothing to write home about?
Grayscale's Zcash ETF (ZCSH) hit $500 million in two weeks, holding 550,000 ZEC, which looks impressive, and ZEC surged to 1180 accordingly. But folks, we need to do the math clearly.
If you compare it to BTC and ETH ETFs, it's like a small player facing giants. Looking at other altcoin peers, Solana's ETF scale is just over $900 million, Litecoin's ETF is even worse, only a few million floating around. This $500 million for Zcash is mostly backed by Grayscale's own DCG pumping in $100 million to prop it up—in other words, it's mostly internal trading.
Given the current situation, altcoin ETFs are just too small to absorb big capital. Short-term sentiment is getting a bit hyped by this "lone survivor" scenario, but look at the macro environment: the Fed is still hiking rates, oil prices are nearing $100, and risk assets are trembling. At this point, instead of rushing in headfirst, it's better to think about how to protect your profits.
Directionally, Bitcoin and Ethereum are still the favorites; the altcoin ETF game has just begun, so don't be in a hurry to become a sucker. Short-term sentiment may peak soon, so it's best to short on rallies. $ZEC #加密财库分化：买币还是回购？ Public companies are stacking crypto, but the playbook is splitting—and that’s where the real signal hides.
BitMine? They’re going full ETH—bought 28,086 more, staking ~85% of their 5.9M ETH bag for yield.
Strategy? Zero BTC this week. Instead, they dropped $176M buying back their own preferred shares—and upped the buyback program to $2B.
Meanwhile, global corporate BTC net buying dropped 48% week-over-week.
$ETH $BTC #CLARITY Bill faces a key vote on September 15, with 60 votes crucial
The CLARITY Bill needs to pass with 60 votes, but the market is really betting on whether the U.S. Congress will give Crypto an "ID card"
The September 15 vote for 60 votes is superficially just a procedural hurdle, but for Crypto, it feels more like a "can it officially enter the U.S. financial system" litmus test.
When the bill passed the Senate committee 15:9 in May this year, Coinbase surged over 9%, $BTC reclaimed $80,000, and $HOOD and MSTR also rose in tandem. The market reaction already shows one thing: regulatory certainty itself is part of the valuation of Crypto assets.
BTC is currently around $79,000, with about $1 billion net inflow into spot ETFs over the past three trading days, while the broader market is simultaneously pushed by oil prices toward $100, and pressured by inflation and rate hike expectations.
What the market is trading now is whether the U.S. will finally pull Crypto out of the regulatory gray area. How the SEC and CFTC divide responsibilities will determine the rules for exchanges, DeFi, and tokens going forward.
The biggest expectation gap this time is whether they can first secure 60 votes. If the hurdle is cleared, COIN, HOOD, and major public chains may see their valuations re-evaluated first; if it fails, it doesn't mean Crypto fundamentals have collapsed, but that the U.S. regulatory "long overdue debt" will continue to be postponed.
What the market is buying now is not just a bill, but a ticket for Crypto to enter the mainstream U.S. financial system. #加密财库分化：买币还是回购？
Strive continues to buy $BTC, BitMine holds a large amount of $ETH and earns on-chain yields through staking; but this time Strategy did not increase its $BTC position, instead it used funds to repurchase preferred shares. Meanwhile, the weekly net purchases of $BTC by global listed companies have also significantly declined.
From a trader's perspective, I find this signal very interesting.
This does not mean institutions are bearish on the crypto market, but that institutions have started to do the math.
It used to be "buy coins if you have money," now it’s "with the same one hundred million dollars, is it more cost-effective to buy coins or to repurchase your own securities?"
This means the market has shifted from a pure "incremental capital logic" to a capital efficiency logic.
So when trading $BTC and $ETH next, don’t just focus on "how much institutions have bought again."
More importantly, look at three things: financing costs, asset premiums, and cash flow.
If a treasury company’s financing costs are rising but it keeps borrowing to buy coins, it is effectively leveraging up; when the market rises, it’s a rocket, but when the market falls, it acts as a reverse accelerator.
Conversely, if a company starts repurchasing securities and reducing financing pressure, it indicates management believes current asset prices may no longer be cheap enough.
For traders, this is a very important sentiment thermometer.#CryptoTreasuryDivides Corporate crypto treasuries are starting to play very different games 👀
Strive added 1,375 BTC for roughly $109M, taking its holdings to 24,531 BTC. BitMine added 28,086 ETH and now holds 5.93M ETH worth about $14.8B, with 85% reportedly staked to generate yield.
Strategy did something completely different. It skipped BTC purchases at 845,100 BTC and spent $176M repurchasing STRC preferred shares, while raising its buyback ceiling to $2B.
What stands out to me is that the crypto treasury trade is becoming less about who can accumulate the most coins.
Strive is maximizing BTC exposure. BitMine is combining ETH accumulation with staking income. Strategy is actively managing its capital structure instead of automatically buying more BTC.
Meanwhile, public-company BTC purchases fell 48% week over week.
The next phase of the treasury race may be won on financing costs, dilution, yield and per-share value, not simply who owns the biggest pile of crypto. #OracleAdobeEarnings Oracle and Adobe are scheduled to report earnings after the US market closes on September 10. Oracle investors will focus on whether Oracle Cloud Infrastructure growth and its approximately $638 billion remaining-performance-obligation backlog can convert into revenue fast enough to justify rising data-center expenditure. Adobe must demonstrate that Firefly and GenStudio can produce paid subscriptions without weakening Creative Cloud pricing.
Both companies face a more demanding AI market. Investors increasingly want measurable revenue, margins and cash flow rather than product announcements. Oracle could deliver strong cloud growth but disappoint if infrastructure spending rises even faster. Adobe’s professional ecosystem remains valuable, though competition from lower-cost generative tools continues increasing. Guidance will likely matter more than the completed quarter. Key indicators include AI-related revenue, customer retention, capital expenditure and management’s confidence about future demand. #ZEC breaks into the top ten, institutionalization process accelerates
$ZEC ETF surpasses $500 million in two weeks, but the market may not be buying the ETF this time
ZEC's ETF assets have exceeded $500 million in this round, but the actual new money is not as much as $500 million.
Grayscale's ZCSH has been online for two weeks, with AUM already exceeding $500 million, ZEC holdings over 550,000 coins, nearly 3% of the circulating supply. During the same period, ZEC rose about 43% in one week, with the price once surging to $1180, directly outpacing the gains of large-cap assets like BTC.
But breaking it down is interesting: about $100 million comes from DCG-related investments, cumulative net inflows after the ETF launch exceed $70 million, and a considerable part of the AUM growth actually comes from ZEC's own price surge. In other words, the $500 million is not $500 million of new funds rushing into ZEC, but a combination of “spot price increase + capital inflow + existing assets.”
So what the market is truly trading now is the first supply-demand revaluation after the privacy track gains a traditional capital entry. ZCSH is currently the only exchange product providing spot exposure to ZEC, and the ETF has started launching options, so institutions can finally trade ZEC directly without touching wallets.
ZEC is not now about speculating on ETF data, but about trading whether “privacy coins can become the next institutional asset class.” The core issue now is—if subsequent real net inflows do not keep up, relying solely on AUM figures to continue the story, this wave of gains will sooner or later have to be recalculated.Key focus: PPI and CPI countdown | BTC continues to tug around $79,000 | Counterfeit leverage remains higher than BTC | Funds are shifting from broad long to selective long This week's focus order: September 10 PPI → September 11 CPI → September 15-16 FOMC Macro and Markets The market is entering the most sensitive time window of the week. Less than 24 hours until the PPI release and 48 hours until the CPI release, global risk assets have begun actively reducing directional bets. The core logic of market trading over the past three weeks has been "improved liquidity" and "continued institutional capital inflows," but now the market is returning to a more traditional macro pricing framework—whether inflation will resurface. Meanwhile, the cumulative net inflow of US spot BTC ETFs over the past three weeks remains close to $4 billion, indicating institutional funds have not withdrawn from the market. However, price performance is clearly weaker than the intensity of capital inflows. BTC has fluctuated repeatedly around $80,000 for several consecutive days, indicating the market is waiting for new macro variables to determine the next phase's direction. What deserves more attention is the shift in risk appetite. Over the past week, the number of perpetual open interest in altcoins has exceeded BTC for several consecutive days, a rare occurrence since the end of 2024. Historical experience shows that when funds actively increase exposure to high-beta assets, the market often enters a phase of sentiment expansion; But if spot incremental funds cannot keep up, it is easy to quickly deleverage. The biggest characteristic of the current market is caution. Recent highlights: September 1Net change in BTC holdings (addresses of different types), we focus on the whale addresses part. Last week, there was a total net inflow of 6312 BTC, with over 2000 BTC net inflow occurring on two days. Compared to historical levels, this scale is still decent; last week's on-chain activity was quite healthy. With the adjustment over these two days, on Monday, September 7th, there was a net outflow of 488 BTC, so the price showed a downward trend on Monday and Tuesday. As the price bottomed out with the adjustment, it returned to a net inflow mode, with 223 BTC net inflow yesterday. The rebound is ongoing; if by the end of today there is a net inflow of over a thousand BTC at a good scale, it indicates the adjustment is basically over and a return to a volatile upward trend is expected. But if net outflow occurs and the price remains high, we need to be more cautious.
The spot ETF has also seen a few days of minor net outflows recently, but the impact is minimal. Especially on September 3rd, it recorded the largest volume since January. Although on September 4th it sharply dropped to 2149 BTC, the overall trend remains intact, still active, and market funds continue to show a clear increase. Yesterday's net inflow of 589 BTC is basically harmless. With a strong rebound today, it is very likely to end positive as well. So, for now, maintain a bullish and optimistic stance.
Waiting for the bulls to continue rising. #加密财库分化：买币还是回购？ 加密财库没有熄火，只是开始分化了 这一轮企业加密财库有个明显变化：大家都在配置，但玩法已经不再一样。 Strive上周斥资约1.09亿美元增持1,375枚BTC，平均买入价79,281美元，总持仓升至24,531枚。更值得注意的是，这笔资金约70%来自SATA永续优先股，说明它仍在通过资本市场主动扩张。 BitMine走的是另一条路。截至9月7日，其ETH持仓已达到约592.9万枚，其中506.7万枚投入质押，占比约85%。按当前收益率估算，年化质押收入约3.3亿美元。它不只是赌ETH上涨，也在把财库变成一台持续产生现金流的机器。 反观Strategy，上周没有继续增持BTC，持仓维持在845,050枚，而是拿出1.76亿美元回购STRC，并将相关回购额度提高至20亿美元。 同期，全球上市公司单周净买入BTC约2.67亿美元，环比减少48%。不是企业不看好加密资产了，而是单纯“融资买币”的阶段正在降温，资金开始在增持、回购、现金储备和质押收益之间重新分配。 目前BTC约79,700美元，ETH约2,520美元。接下来判断一家加密财库值不值得买，不能只看它囤了多少币，还要看融资成本有多高#加密财库分化：买币还是回购？
Publicly listed companies' crypto treasuries are still expanding, but the market's evaluation has shifted from "how many coins they hold" to "how they use these funds"?
1️⃣ Strive continues to increase $BTC
Last week, it spent about $109 million to buy 1,375 BTC, raising its total holdings to 24,531 BTC, and continues to raise funds through instruments like preferred shares.
2️⃣ BitMine bets on $ETH staking yields
Increased holdings by 28,086 ETH, bringing total holdings to 5.9292 million ETH, with about 85% staked, aiming to gain both price appreciation and on-chain yields.
3️⃣ Strategy shifts to buybacks
This week, it paused increasing BTC holdings and instead used about $176 million to buy back STRC preferred shares, raising the buyback cap to $2 billion, starting to address capital costs and market pricing issues.
4️⃣ Corporate coin buying pace is slowing
Global publicly listed companies' weekly net BTC purchases dropped 48% week-over-week, indicating corporate allocation continues but fund usage is becoming more cautious.
Buying coins can expand asset size, buybacks can reduce discounts and financing pressure, and staking increases cash flow. What truly matters now are financing costs, equity dilution, and crypto asset value per share. The treasury model with sustainable growth that can convert asset growth into shareholder returns is the one to watch.$BTC is gradually coming back to the STH cost basis, and what I’m particularly watching are the 1m-3m and 3m-6m cohorts.
—> $BTC has now been trading above their cost basis for several weeks.
In detail :
• 1m-3m : $63 424
• 3m-6m : $73 655
When $BTC trades above the cost basis of these older STH cohorts, we can expect a positive dynamic to develop.
Being in profit, these cohorts will tend to shift toward holding their BTC in hopes of realizing further gains.#CryptoTreasuryDivides Macro Background: CPI is the ultimate short-term directional arbiter
The probability of a rate hike in September has risen to 60.4%
After August's nonfarm payrolls added 162,000 jobs (three times the expectation), rate hike expectations have been completely reshaped. UBS has directly shifted, expecting a 25 basis point hike in both September and December. A 60% probability of a rate hike means tightening has moved from a "tail risk" to the "base case scenario."
This week's CPI is the decisive variable
Date Event Market Expectation
September 10 (Thursday) US August PPI Overall PPI year-over-year growth 5.2%, month-over-month growth 0.4%
September 11 (Friday) US August CPI Overall CPI year-over-year growth 3.4%, month-over-month growth 0.4%, core CPI month-over-month growth 0.2%
Three CPI scenario simulations:
CPI Scenario BTC Potential Reaction
Meets expectation (3.4%) Rate hike probability remains at 60%, BTC may retest 75,000-76,000
Core CPI ≥0.3% (bearish) Rate hike expectations further strengthen, if BTC falls below 75,000, wait for data to clear
Below expectation (bullish) Hits the dollar, benefits risk assets, BTC may directly surge back above 85,000 $BTC $ETH $SOPH #财报观察员：甲骨文与Adobe即将交卷 This round of corporate allocation to crypto assets shows a clear differentiated approach. Last week, Strive spent about $109 million to increase holdings of 1,375 BTC, averaging about $79,281, raising total holdings to 24,531. About 70% of this funds came from SATA perpetual preferred shares, indicating it is still actively expanding its territory using capital market tools. $BTC $ETH $ZEC BitMine has taken a different path. As of September 7, its ETH holdings reached 5.929 million, of which 5.067 million (about 85%) have been staked. Based on current yields, the annualized staking income is about $330 million. It no longer simply gambles on ETH price increases but has turned Treasury into a machine capable of continuously generating cash flow. In contrast, Strategy held steady last week, maintaining BTC holdings at 845,050 coins, instead using $176 million to repurchase STRC, raising the total buyback quota to $2 billion. During the same period, global listed companies had a weekly net BTC purchase of about $267 million, a sharp 48% drop quarter-on-quarter. This is not because companies have lost confidence in crypto assets, but rather because the extensive phase of pure "margin financing to buy coins" is cooling down. Funds are beginning to rebalance between increasing holdings, buybacks, cash reserves, and staking yields. Currently, BTC is about $79,700, ETH about $2,520. Looking ahead, when evaluating the investment value of a crypto treasury, one should not focus solely on the amount of coins accumulated but also examine its financing costs and equity dilution$WLD rose 21% in one day during the AI market surge, with 70 million tokens unlocked and immediately absorbed by the market, surprisingly passing the supply pressure test??
1. Real bearish test: About 69 million WLD tokens unlocked on September 7 (around $28 million), yet the market didn’t crash; on September 8, it even surged sharply riding the AI wave, hitting 0.5015 intraday. Unlock day acted as a bullish catalyst, a privilege only strong tokens have, with chips taken by real money.
2. Strong trigger: Anthropic IPO hype + OpenAI releasing GPT-6 Astra preview, the AI-crypto sector collectively rallied on 9/8. WLD is the purest AI identity narrative token, with World ID deployed in 45 countries, which sets it apart from other AI concept tokens.
3. But don’t forget there’s still 87 million to be released in September, plus an address called Eightco holding 302 million tokens (8.4% of circulating supply). Above 0.50 is their selling zone. RSI is already at 67 with a bearish divergence, chasing highs is not cost-effective.
4. Levels: 0.45 is the neckline of an inverted head and shoulders pattern; holding it means there’s still a chance, breaking it points to 0.42; 0.4558 is consolidating at a high level, waiting for the second wave of AI news to ignite.
My plan: Lightly enter at 0.44-0.45 on low volume stabilization, stop loss below 0.42; reduce positions if it surges above 0.50 without volume, don’t race Eightco. AI narrative money comes fast and goes fast, take profits after a run, don’t hold overnight. Two interesting pieces of news: Uniswap's weekly fees reached about $66.8M, surpassing Circle to become the second largest fee generator after Tether; meanwhile, Circle plans to acquire cross-border payment company Tazapay for about $400M. Uniswap earns from trading and liquidity fees, while Circle is buying into cross-border payments and enterprise settlement networks—one is more like an on-chain exchange, the other more like an off-chain dollar payment company.
Ajian believes that stablecoins like $USDC and DeFi like $UNI may ultimately not be two separate markets, but different fee points within the same financial pipeline. Therefore, ordinary traders researching protocols should look at whether the protocol makes money from trading, payments, lending, or issuing reserves, because even if the fee numbers are the same, the business models could be completely different WAY Observation｜ZEC's recent shakeout was intense, but why didn't I rush to short it?
Summary: Slow is fast. Let it rise slowly. Even if it falls, it won't hurt much. Like dancing, gradually entering the music.
A few days ago, ZEC suddenly dropped sharply, wiping out many long positions. Those who were still hoping for new highs might have been shaken to doubt their own judgment.
Honestly, seeing such a drop made me nervous too.
But I didn’t immediately turn bearish because I was watching the 1060–1080 range.
This is the starting point of the previous real acceleration upward, where former resistance turned into support. Although the shakeout was fierce, the price never truly broke below this level, and the subsequent lows gradually rose, indicating bulls haven't fully given up yet.
What's more interesting is that since the breakout, OKX's ZEC open interest has actually dropped by about 12%, yet the price has bounced back.
Simply put: some leverage was washed out, but the coin didn’t collapse with it.
This is usually healthier than price rising while leverage crazily increases.
So I treat 1060–1080 as the "last line of defense" for this move, not a guarantee it will rise. As long as the 4H chart doesn’t break down effectively, there’s still a chance to retest highs; if it breaks and can’t reclaim 1080, I’ll admit my original judgment failed.
The scariest thing in the market isn’t shakeouts, but having no personal judgment standard and just following emotions to get in and out.
During that drop, were you shaken out or did you hold on?
The above is my personal market observation and does not constitute investment advice BITCOIN’S GOLDEN CROSS IS HERE.
The 50-day moving average has crossed above the 200-day for the first time since November 2025, after 280 days below it.
Bitcoin ETFs saw $3.8B in inflows over three weeks, the strongest stretch of 2026.
Historically, 9 of the last 12 golden crosses failed within a year.
The 3 that worked averaged 250% gains, while the other 9 averaged nothing.
So the key level to watch is $80K. The crossover itself is not the final test.
$BTC 我现在更关注 $77,000 附近的支撑。如果BTC能够守住这一带，并重新突破 $80,500–$81,500 区间，那么这次回调更像是上涨后的技术性整理，而不是趋势反转。 近期BTC曾冲高至约 $82,164，随后回落至 $79,000 附近，市场明显进入震荡消化阶段。与此同时，美国现货BTC ETF此前一周仍录得约 9.87亿美元净流入，连续第三周保持资金流入，说明机构需求并没有完全退潮。 接下来还要重点关注美国通胀数据以及美联储9月议息会议，宏观政策预期可能继续放大BTC短期波动。 回调本身并不可怕，关键是重要支撑是否能够守住。 目前我的中长期观点依旧偏多。🟠🚀 #BTCGoldCorr+0.50 #HammackBacksHike #BTC #BitcoinThe moment the CPI was released, I finally saw clearly: in the past 24 hours, the total spot trading volume in the crypto market was $79.4 billion, BTC spot trading was $23.8 billion, and ETH was $14.2 billion. Futures contracts were liquidated online totaling $2.84 billion, with 93,000 accounts forcibly liquidated; Among them, BTC liquidated $880 million, ETH $710 million, and counterfeit coins totaled $1.25 billion, with long positions accounting for 74%, but shorts quickly turned back after the data was released. The crypto community on X and TikTok exploded today. After the US August CPI data was released, the market's first reaction was "inflation cooling," with BTC surging nearly 80,500 in the short term; But half an hour later, selling pressure suddenly appeared, and BTC quickly fell back to around 79,200. Many began to wonder: Is this positive news being realized, or are institutions using data to adjust positions? 📈 Long-Short Distribution and Market Trends 📉 Currently, the long-short ratio in the futures market is 41.8:58.2, with bears still dominating, but after the data is released, there is a clear correction. BTC fluctuates sharply between 78,800 and 80,500, while ETH is testing back and forth between 2,460 and 2,520. SOL, BNB, and XRP generally fluctuated by 3–6 points, with some small coins showing a "10% rise first, then 8% drop" trend. Liquidity is clearly divided: ETF funds are still flowing in slowly, but contract bulls are concentrated in liquidation ahead of the data. 🔍 In-depth Market Analysis 💡: The key issue with this CPI is not whether it will fall, but how the market interprets it$PONS
Crazy surge followed by a plunge, this coin is playing retail investors like a fiddle. PONS latest at $0.695 (gate 9/8), down 30% from the high of $0.971 on 9/6, but still up 392% in seven days and skyrocketed 2764% in a month, ATH at $0.7391. It started from $0.0038 and has multiplied over 20,000 times, with a parabolic curve steeper than any other.
Binance launched PONSUSDT perpetual contracts (20x leverage) on 9/6, adding fuel to the fire.
The core story is Robinhood Chain, which has daily fees around $6.04 million and $20.33 million over seven days. PONS is the main launchpad, conducting daily buybacks at 80% of revenue, buying about $1.5 million worth daily. The capital return mechanism is well designed, so the volume remains strong.
However, this kind of surge is essentially a highly speculative parabolic move, relying solely on the revenue of a single chain. Once the launchpad heat of Robinhood Chain cools down, the buyback logic breaks immediately. Also, it has already dropped 30% on 9/8 as a lesson, with technical resistance at 0.524, 0.635, and 0.812 layers pressing down, and support only at 0.464 and 0.388, meaning the downside space is larger than the upside.
Don't hold this token with faith. You're following the sentiment of Binance contract trading and the rhythm of buybacks, not the value. Daily buybacks of $1.5 million look attractive, but the circulating market cap is only 530 million, so daily buybacks account for just 0.28%. Once new money stops coming in, it's pure selling pressure.
For a coin that has surged 20,000 times, you are buying at the top of someone else's candlestick when you enter the market. SK Hynix Short-Term Price Rally Review
1. Rally Catalysts: Market ignited by GPT-6 expectations, featuring ultra-large context and Agent mode, driving significant market projections for HBM and server DRAM demand. SK Hynix leads HBM market share, directly benefiting as an AI storage play, driven by thematic expectations.
2. Fundamental Support
• Tight spot inventory of HBM, supply constrained, institutions raising 2027 AI storage demand forecasts;
• Previous stock price pullback provides a base for rebound; combined with buyback and other positive factors.
3. Core Risks
• Currently expectation-driven market, earnings not yet realized, actual order fulfillment requires time;
• Model optimizations (e.g., KV cache compression) may weaken HBM incremental logic;
• Samsung's gradual ramp-up of HBM4 will bring share competition pressure.
4. Simple Conclusion
GPT-6 is the ignition factor; the real rally is the resonance of "AI storage expectations + HBM supply-demand tightness + technical rebound." The market highly depends on subsequent AI capital expenditure and HBM shipment data verification; if expectations fall short, a correction is likely.
#AI需求升温，三星SK海力士库存不足10天 $SKHYNIX The US-Iran side has acted again, an oil tanker was attacked, and $CL oil prices once surged close to $96. But dramatically, Trump hinted at restarting negotiations, causing oil prices to plunge.
This tug-of-war is quite crucial for us crypto players. Previously, when the Middle East got tense, the market feared oil prices would drive inflation up, making it impossible for the Fed to cut rates, tightening liquidity, which directly suppressed risk assets like BTC and ETH. Now with negotiation expectations emerging and oil prices falling, it loosens the expectations for rate cuts, allowing funds to dare to reallocate to some risk assets.
Looking at the market, $BTC is still hovering in this range, oscillating between 76,000 and 82,000 for over half a month. The news is chaotic, and big money is waiting for direction. Don’t just take rumors at face value; whether talks succeed is uncertain. If talks collapse and the situation escalates again, risk-off sentiment will rise, and the psychological support at 78,000 will be tested.
In the short term, it’s better to watch more and trade less. If you want to speculate, focus on the tug-of-war between oil prices and negotiation news rather than just watching the candlesticks. #美伊冲突升级，百元油价与谈判信号并存 @OKX中文 Starting yesterday, Canada imposed retaliatory tariffs of 15%–50% on about $20 billion worth of U.S. goods, covering categories such as steel, furniture, clothing, and electronics. This is not a number that will immediately jump into the CPI on the same day; it will gradually transmit through importers, inventory, retailers, and end consumers. If the PPI is high, the market needs to continue distinguishing whether the cost shock comes from oil prices, tariffs, or overheated demand. Therefore, the real use of this news is not to immediately set a market direction but to observe it within the combination of yields, the dollar, and capital flows. A single number can easily create sentiment, but combined, it is closer to the real choices of capital.The traffic through the Strait of Hormuz has dropped to a historic low, so where will Brent crude oil go next?
At this point, it’s indeed a bit hot, but I actually think the real focus isn’t on $100, but rather that the Strait of Hormuz likely won’t recover quickly. I think it might even reach $105.
On one hand, oil tankers and energy transportation continue to be affected.
On the other hand, the negotiation channels between the US and Iran surprisingly haven’t been cut off.
They’re even still exchanging conditions.
In other words, they’re still increasing their stakes, and the negotiation table won’t be overturned anytime soon.
So I’ve already bought a bit of crude oil, not a large position, just taking a bite first.
The key is that the passage won’t recover quickly.
This risk should persist for a while.
If the obstruction continues, $120 might really be possible.
This kind of market is quite interesting now; oil prices are betting on supply, and both sides are betting the other will give in first. I want to just watch this bite first.
$BZ $CL #美伊冲突升级，百元油价与谈判信号并存 Today everyone is watching BTC push back to 80,000.
I actually find ETH more interesting.
BTC dipped to a low of 77,600 last night and has returned to 79,000 today.
ETH also touched 2,500 again.
But there’s an exaggerated on-chain data point these past two days:
Over 116,000 ETH have been withdrawn from exchanges in 48 hours, nearly $300 million.
Of course, this isn’t all institutional buying.
There are staking adjustments, OTC transfers, and large whales moving to cold wallets.
But the result is the same:
There’s less ETH readily available to sell on exchanges.
Meanwhile, altcoins are pulling back today.
A few days ago, money was chasing high volatility coins like ZEC and ARB, but now the heat is cooling, and BTC and ETH are strengthening again.
If this portion of funds really starts flowing back to the mainstream, I actually think ETH might have more upside potential than BTC.
BTC will break 80,000 first.
For ETH, I’m looking at 2,500–2,530.
If 2,530 is truly broken, the ceiling that has been suppressing ETH these past few days will be gone.
So I’m not too worried about altcoins dropping today.
What I’m more curious about is:
Will this batch of money eventually return to ETH?
If yes, 2,500 might not hold for long.
$BTC $ETH
#ETH现货ETF连续三周净流入 #山寨永续未平仓量21个月来首次超过BTC