8.16 BTC and ETH Market Analysis
Market structure: After bottoming and recovering, BTC and ETH are maintaining narrow-range sideways fluctuations. Short-term moving averages are converging, and the forces of bulls and bears are balanced. The market is building momentum while awaiting a directional choice. ETH is following BTC, with no independent move for now.

【Support and Resistance】
BTC
Short-term support: 62950｜Strong support: 62880
Short-term resistance: 63200｜Strong resistance: 63260

ETH
Short-term support: 1875｜Strong support: 1869/1863
Short-term resistance: 1885｜Strong resistance:

.@base szn

#TetherReservesExceedLiabilitiesBy6.8B
Tether continues to attract attention across the digital asset market as its reported reserves exceed its liabilities by around 6.8 billion dollars. This figure highlights the importance of reserve strength, liquidity, and transparency in the stablecoin sector, especially at a time when investors are paying closer attention to how stablecoins maintain their value and manage their underlying assets.
For the broader crypto ecosystem, strong reserve coverage can improve confidence in a stablecoin because users want to know that the assets supporting the cir

$ZAMA (Zama) – Breakdown, Out
I'm staying far away from ZAMA because it is down -6.01% at $0.04174, dropping from a 24h high of $0.04453. The moving averages are bearish with EMA5 at $0.04184, EMA10 at $0.04196, and EMA30 at $0.04236. The 24h low is $0.04085, and MACD is deeply negative. The trend is clearly down. I'm not touching this until it stabilizes. For now, I'm completely out.

GM Saiyans ! 🙌
“When you reach your limit, you have two choices: stop… or discover that it was farther away than expected.”
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$BTC : 63.002 $
$ETH : 1.878 $
#BTC Fear & Greed index : 34
#Bitcoin Dominance : 58%

Once the weekend arrives, the market often enters a choppy tug-of-war, repeatedly testing both directions without going anywhere.
Many traders watch the candlesticks jump back and forth and cannot resist entering frequently, only to stay busy without making it into realized profits.
In trading, you must distinguish between “opportunities worth taking” and “impulses you simply cannot resist.”
During choppy periods, there is no need to force a trade; learning to stay on the sidelines is also a form of profit.
Keep a calm mindset and be patient with the quiet—good market conditions will have thei

“S&P 500 Earnings Blowout, but 8,000 Points Won’t Come for Free”
The S&P 500 closed at 7,785.76 points last week, rising for a third consecutive week and now less than 3% away from 8,000. What is truly supporting this rally is not just expectations for rate cuts, but the fact that corporate earnings have genuinely been very strong.
FactSet data shows that S&P 500 earnings growth in the second quarter has exceeded 50%, the highest level since 2021, with about 86% of companies beating earnings expectations. However, this also needs to be viewed clearly: investment gains at companies such as Alph

#Btc
According to latest statistics with AI revenue accelerating, publicly traded mining companies have lost 21% of Bitcoin's hashrate.

#TetherReservesExceedLiabilitiesBy6.8B 💰 #TetherReservesExceedLiabilitiesBy6.8B
Tether’s latest reserve position highlights a $6.8 billion cushion over liabilities, adding another layer of confidence around the stability of the world’s largest stablecoin.
📊 Stronger reserves can improve market confidence
💵 A healthy buffer supports USDT’s resilience
🌐 Transparency remains crucial for the stablecoin ecosystem
As stablecoins become increasingly important to global crypto markets, reserve quality and transparency matter more than ever.
#Tether #USDT #Stablecoins

#OpenAIAnnualRevenueSurpasses40B 🚀 #OpenAIAnnualRevenueSurpasses40B
OpenAI’s annualized revenue has surpassed $40 billion, highlighting the accelerating commercial demand for AI.
🤖 AI adoption is moving from experimentation to real-world business infrastructure, with companies increasingly investing in advanced models, automation, and AI-powered products.
📈 The milestone reflects the rapid expansion of the AI economy—and raises an even bigger question: How large can the AI market become from here?
#OpenAI #ArtificialIntelligence

Let’s go, first stop—Zigong!
Taking the little one to 👀 dinosaurs and playing at the amusement park. #NiuLai, remember to give me a shout!

#ETHEREUM
Norway's sovereign wealth fund, Government Pension Fund Global, with over $2 trillion in assets, has invested in BitMine Immersion Technologies, an Ethereum-focused crypto treasury company. As of June 30th, the fund's holdings in BitMine reached approximately $81.9 million.

From 1,000U to a million, three years. From a million back to zero, one night.
Day 310 after liquidation, the account holds 66,960U, with 40,000U withdrawn. Recently, a few junior students have started following me.
Last night he asked me, “Master, do you think I’ve improved?”
I didn’t answer directly. Instead, I asked him, “Then tell me, how many trades did you make this week?”
He thought for a moment and said, “Seven or eight.”
I asked, “How many lost and how many won?”
He thought again. “I think I lost two trades and won six.”
I said, “Be specific. Do you clearly remember the entry and exit

SpaceX $SPCX has reportedly finalized its $60 billion all-stock acquisition of Cursor.
The deal marks the largest startup acquisition ever recorded.
As part of the agreement, Cursor will become part of SpaceX’s $SPCX AI division, gaining access to SpaceX’s extensive GPU infrastructure to support the training of Grok.
#OilEdgesHigher

#GateTop1GrowthInJuly Gate’s July Growth Was More Than a Number
JULY BROUGHT A CLEAR SIGNAL
Gate’s July performance stands out because the growth was not limited to one isolated metric. The latest available exchange data shows Gate’s spot trading volume reached approximately $66.1 billion in June, rising 50.8% month over month and representing the fastest growth among the global centralized exchanges tracked in that report. Gate’s spot market share also climbed to 5.95%.
That makes the #GateTop1GrowthInJuly narrative less about a headline ranking and more about the speed at which Gate has bee

#$SNDK
The impact of AI inference models on Sandisk shares: Market experts believe the company's shift from a standard memory manufacturer for consumer electronics to a key hardware provider for enterprise data centers is the main driving force behind the price movement.

Thinking back, my family was poor when I was a child
I could only lick the leftover Planet Cups my classmates had eaten
Most of the time, there were no spoons
This also honed my unique tongue
I regard it as a gift poverty gave me
#我的七夕交易分享

$H Thanks for the price increase📈I’ve broken even, H—we’re even now. Keep flying; it knocked me out of the game.😎 ‌