Crypto KOL Community & Market Trends

🚨Major update! Sl8 is about to integrate Circle’s CCTP cross-chain protocol! Native USDC will soon be able to move directly across chains to Sl8—no wrapping or complicated bridges required, making transfers safer and more convenient. Sl8 has a very solid foundation: a U.S. company registered in Delaware in 2019, with a U.S. corporate structure and a Ukrainian technical team, built on the Stellar blockchain. It currently has 525,000 registered users and more than 260,000 monthly active users, providing a very stable foundation.

ETC at $7.6, do you want to buy the dip?
Look at the surface first: an old-school PoW rotation, rallying to 8.7-9.1 before retreating to 7.6. Retail traders curse “ETC garbage,” but the candlesticks tell you: the 30-day structure is still intact, and 7.45 has not broken. This is a pullback after failing at the top of the range, not a collapse.
First: when the rotation comes, you are everyone’s sweetheart; when the rotation leaves, you become Madam Niu.
That September 9 rally was essentially not an explosion in ETC fundamentals.
It was capital seeking high-Beta rotation into old-school PoW/L1 assets while BTC moved sideways.
Volume expanded, price surged, then the tide receded.
Volume increased on the way up and contracted on the pullback—this is not panic selling, but a rotation losing momentum.
Retail traders chased after seeing the rise and are now trapped at 7.6.
The main players? They had already dumped their holdings on you above 8.7.
Second: the community call #59开完了，但远水不解近渴。
At the September 11 community meeting, the key points were:
Classix taking over part of the infrastructure and social media
Website revamp and a Lady Justice rebrand
Progress on Olympia upgrade testing
Constructive positives, but not enough to drive a short-term rally.
Olympia’s EIP-1559 dynamic fees and protocol treasury still do not have a finalized mainnet activation date.
The fixed reduction “fifthing” window is in late 2026.
The positives are promises for the future, while the selling pressure is arriving now.
Japan’s SBI-related platform plans to delist ETC in late October, with trading and deposits suspended in early October. The volume is not large, but it will create expectations of periodic selling pressure.
Third: the ones really wielding the knife are macro conditions and BTC.
BTC is moving sideways with a weak bias near $77,000, ETH is at 2500, total market cap is $2.7 trillion, and BTC dominance remains high
U.S. CPI was about 3.4% in August, and employment was not weak
The market at one point priced in an 85%-90% probability of a 25bp rate hike at the September 16 FOMC meeting
Spot Bitcoin ETFs saw net outflows of about $460 million over the past week, while ETH ETFs saw inflows
Rising rate-hike expectations = higher discount rates for risk assets = altcoins suffer more than BTC.
If BTC falls below 75k because of the FOMC, ETC perpetuals will have a much sharper downside response than spot.
The bulls and bears are facing off—you decide
On one side:
A +15%~+23% rebound over 30 days, a recovery from oversold conditions
A fixed cap of 210.7 million coins, the scarcity narrative of a PoW veteran
The mid-term story of the Olympia upgrade + 2026 reduction
The mid-term rebound structure remains intact as long as 7.45 holds
On the other side:
SBI delisting and liquidity being drained in October
The FOMC rate hike is imminent, putting pressure on altcoins
$460 million in BTC ETF outflows over one week
A thin ecosystem, still down about 65% over one year
Strong support: 7.45-7.50 (recent structural low; losing it could trigger acceleration)
Secondary support: 7.26-7.35 (around the 30-day moving average)
Breakdown targets: 7.11 / 6.70-6.00
Near resistance: 7.73-7.80 (short-term moving averages + intraday supply)
Key resistance: 8.00-8.10 (the first confirmation of whether the rebound is effective)
Trend resistance: 8.60-9.10 (this rally’s high zone; if not reclaimed, it remains a distribution zone)
7.45 is the bottom line, and 7.80 is the face-saving level. Break the bottom line and you lose face; fail to rise above the face-saving level and there is no future.
Trading strategy
Scenario A: Range-bound trading
Range: 7.45-7.80. Lightly test long positions around 7.48-7.52, with a stop-loss below 7.38. Reduce positions on a rebound to 7.73-7.80, and do not add leverage in the middle of the range. First target 7.73; if it breaks through and holds, then look to 8.05.
Scenario B: Macro negative catalyst (FOMC rate hike + hawkish dot plot)
Wait for a long lower wick + declining volume to appear at 7.26 or 7.10 before considering an entry. A break below 7.10 would weaken the mid-term structure; stay flat and watch for 6.7-6.2.
Scenario C: BTC holds steady and altcoins rotate again
It must reclaim and hold 7.80, preferably closing above 8.00 on the daily chart, before considering adding positions. Target 8.60; above that, 9.10 is a distribution zone rather than a zone to chase gains.
If the daily close falls below 7.45 and the 4H rebound fails to break 7.55, the bullish strategy is invalidated.
If the daily close rises above 8.10, the bearish/wait-and-see strategy is invalidated.
ETC is now an “old-school high-Beta asset priced by macro conditions,” not an independent bull market. At 7.60, the risk-reward is neither an exceptionally attractive dip-buying opportunity nor a level that must be cut as a collapse.
The best trade is to remove emotion, treat 7.45 / 7.80 / 9.10 as rules, and treat the September 16 FOMC as event risk, rather than using high leverage to guess the direction around 7.60 on Sunday.
If 7.45 breaks, will you run? #美参议院发布新版CLARITY法案 $ETH $BTC $ETC #8月核心CPI超预期

SOL at $100—are you getting on board?
Look at the surface first: bullish catalysts are piling up, but the price isn't rising.
It fell 6% over the past 7 days, retreating from 110 to consolidate around 100. It rose 32% over 30 days, rebounding all the way from 75. The candlestick chart tells you: 100 is both a psychological level and the dividing line between bulls and bears. RSI is moderately low, trading volume is subdued, and the direction is undecided. Waiting for the wind to blow.
First: tomorrow's Washington summit, with the SEC chair attending in person.
“Solana Summit: Washington x Wall Street” will be held on September 14. SEC Chair Paul Atkins will deliver the closing keynote, with core figures including Hester Peirce in attendance. The themes are institutional finance, regulatory clarity, and the ETF framework.
The SEC chair publicly standing behind Solana is equivalent to handing institutional capital an entry ticket.
The SEC previously viewed SOL as a “suspected security.” Now the chair is personally coming to speak—a 180-degree shift in attitude. Once the ETF framework is clarified, it will only be a matter of time before giants like BlackRock and Fidelity enter the market.
Second: on-chain data is exploding, but the price is lagging.
Solana has reclaimed the top spot in 24-hour DEX trading volume, with daily volume at $2.6-3.2 billion, ahead of Robinhood Chain. Circle minted $3 billion USDC on Solana in a single day, the number of RWA holders surpassed 400,000, and tokenized stocks saw booming weekend trading.
Real money is flowing on Solana, not wash trading.
Solana has firmly secured its position as the settlement layer for stablecoins.
With RWA + tokenized assets, the long-term narrative is shifting from “the memecoin chain” to “the internet capital market.”
Third: a signal has appeared on the technical chart that must be taken seriously.
A 50/200 moving-average death cross appeared on the 2-hour chart, but on September 11, a large bullish candle surged from 98 to 104-105, humiliating the bears. Now that it has pulled back to 100, this is a classic bear-trap pattern of “rapidly reclaiming the level after a death cross.”
On the daily chart, it rebounded from 75 to 110, gaining 46%. A 6% pullback to 100 is a healthy continuation of the uptrend. Support at 97-98 has held twice, while RSI is just above 40—neither overbought nor oversold.
You can judge the bull-bear battle for yourself.
On one side:
The SEC chair will personally stand behind Solana tomorrow, reversing the regulatory narrative.
The Bitwise ETF bought $107 million over 20 days, with institutions accumulating.
DEX trading volume has returned to first place, and on-chain data is exploding.
RWA + stablecoin settlement layer—the long-term narrative is upgrading.
The rebound from 75 is 32%, and the medium-term trend remains intact.
On the other side:
The Federal Reserve's September 15-16 rate decision, with a 60-70% probability of a rate hike.
August nonfarm payrolls exceeded expectations, PPI was hot, and hawkish pressure is strong.
Network revenue is down year over year, and the memecoin tide is receding.
The 100 level has been grinding for three days, with the direction still unclear.
Resistance above: 104-107 → 110 → 120
Support below: 97-98 → 90-94
Trading strategy
Short-term traders:
Bullish: Lightly enter long at 100-101, stop-loss below 98.5, target 104-107, and look to 120 if 110 breaks out.
Bearish: If a rebound to 103-105 encounters resistance with rising volume but stagnant gains, lightly enter short, stop-loss above 107, target 97-98.
Swing traders:
If 100 holds with rising volume, accumulate in batches on dips. First target: 110; second target: 120; stop-loss: 90-94. If it closes below 97, confirm the breakdown, switch to defense, and reassess around 90.
Long-term believers:
Dollar-cost average in batches between 90-100. Solana is a core asset in the “internet capital market + payment and settlement layer.” With institutional ETFs, regulatory clarity, and on-chain activity, its long-term target is 200+.
SOL now looks just like ETH at the end of 2023—
99% of people thought, “It's risen too much; it should pull back,” but after the ETF was approved, it surged from 2000 to 4000.
On the day 103 breaks out on heavy volume, you'll realize:
It wasn't that SOL was no good—it was that you hesitated at the 100 level every time, then chased the rally at 120.
At 100, are you brave enough to get on board? #CoinDesk披露GateRWA永续合约全球Top3 #8月核心CPI超预期 #美参议院发布新版CLARITY法案 $ETH $BTC $SOL

Can you bet on SOPH at $0.0044?
Look at the surface first: down 96%, with retail traders calling it a “zero coin.”
TGE was in May 2025, with an ATH of approximately $0.088-$0.11. It is now at $0.0044, down more than 95%. On-chain daily active users are extremely low, fee revenue is almost zero, and the community is completely silent. The candlestick chart tells you: a long-term descending channel, bearish moving averages, and an RSI of 40-50. Is this thing about to go to zero?
First: the team shut down its own chain, but you may think it was an exit when it was actually self-rescue.
On June 25, 2026, Sophon announced the shutdown of the Validium L2 on zkSync and its transformation into a consumer product studio on Base (Soph+). The reason was straightforward: value lies at the application layer, not in maintaining another chain.
Annual operating costs were cut by $3-3.4 million, with all resources poured into products.
Previously, they burned money maintaining a chain that nobody used, resulting in pure losses
Now they are building products, with revenue used to buy back and burn SOPH
On June 28, 46.5 million tokens were burned, approximately 0.5% of the total supply
Second: the token model changed, but you may not have understood it.
Previously, SOPH relied on the Gas/staking narrative. Now it has shifted to product-revenue buybacks and permanent burns.
It depends on real revenue from products such as Pyre—card interchange fees, vault performance fees, and stablecoin reserve yields.
Previously, it was all promises. Now it really has to rely on products to make money. If it cannot make money, the token will continue to fall.
Pyre is positioned as “entertainment finance” for everyday payments, with gamification mechanisms; some materials say it has already launched.
Third: 170 million tokens will unlock from September 27-29, and the timing is very subtle.
This accounts for approximately 1.7% of the total supply, with an impact of roughly 3% on the circulating market cap. At the same time, after the final batch of Guardian/node rewards is settled, they will migrate to Ethereum.
With low market capitalization and high turnover—24-hour trading volume often reaches several times the market cap—the unlock and shifts in sentiment will be priced in rapidly.
Resistance above: 0.0047-0.00485 → 0.0052-0.0055 → 0.006
Support below: 0.0042-0.0043 → 0.0038-0.0040 → 0.00327 (previous low)
Bulls vs. bears—you decide
On one side:
The team is cutting costs, burning tokens, and showing a firm commitment to the transformation
If Pyre gains traction, the buyback-and-burn flywheel will start
Down 96%, with an FDV of only $44 million and a market cap of $8.8-$18 million, extremely undervalued
The long-term descending channel shows signs of a breakout; 0.0048-0.0049 is the key level to watch
On the other side:
170 million tokens unlock from September 27-29, with selling pressure on the way
The macro environment is tight, the FOMC is approaching, and rate-hike expectations are rising
Pyre’s real user and revenue data is opaque
With shallow liquidity, the candlestick chart often gives back gains after a sharp single-day rally
Trading strategy
Short-term traders:
If it cannot break and hold above 0.0047-0.00485 with increased volume, consider a small short position at 0.00455-0.00470, with a stop-loss above 0.00495 and a target of 0.0042, with a second target of 0.0039-0.004.
Those playing a rebound:
Only consider a small long position if 0.0042-0.0043 holds and there is a long lower wick with increased volume/a bullish divergence at the bottom, with a stop-loss below 0.00405 and a target of 0.0047-0.00485.
Long-term believers:
Wait until the unlock selling is over and Pyre’s data has been verified before considering it. Below 0.0035, you could take an extremely small position to speculate on the buyback narrative, but do not treat it as an “undervalued value coin”—this is a high-risk narrative token, not a stable asset.
SOPH’s transformation this time is a microcosm of small-cap tokens in 2026—
99% of people think that “a 96% drop means it will definitely go to zero,” but the team then cut the chain, transformed the project, burned tokens, and built products, climbing out of the ruins.
The day 0.0049 holds, you will realize:
It was not that SOPH was incapable; you simply only know how to sell at a loss after a 96% drop.
At $0.0044, can you bet on it?#CoinDesk披露GateRWA永续合约全球Top3 #8月核心CPI超预期 #美参议院发布新版CLARITY法案 $ETH $BTC $SOPH

UNI at $6.25—are you chasing it?
First, on the surface: explosive bullish news, but the price isn't rising.
Over the past 30 days, Uniswap spot trading volume reached $70.6 billion, exceeding the combined volume of the next three DEXs. On September 4, 184k UNI were burned in a single day. Arthur Hayes bought 240k UNI over the counter.
But what about the price? It dumped from 7.48 to 6.09 and is now at 6.25, moving sideways within a range.
Because the bullish news has already been priced in, while this week's FOMC and the subsidy expiration on 9/29 are two hard hurdles.
First: the burn is real, but the Achilles' heel is Robinhood.
UNI has finally shifted from “voting without collecting rent” to “usage → fees → burns.”
But Robinhood Chain contributes about one-third of Uniswap's trading volume while accounting for more than half of its burns.
On September 29, Robinhood Wallet's gas subsidies expire.
During the subsidy period, high-frequency trades, small orders, Memecoins, and new listings were amplified. After the subsidies end, can this volume be retained? That directly determines whether the burn narrative can continue.
Second: the FOMC is coming this week, and altcoin beta will be cut first.
BTC fell from $81k to $76,600-$77.3k, while CPI rose 3.4% year-over-year and PPI was hotter than expected. Ahead of the September 15-16 FOMC, the market at one point pushed the probability of a rate hike to 60%-70%.
Regardless of whether rates ultimately rise, the dot plot and Warsh's stance will create volatility for risk assets.
ETFs can provide a floor for BTC, but when rate-hike expectations rise, altcoin beta still gets cut first. A high-beta asset like UNI, which has just completed a rally, is more likely to see its valuation hit first during the macro window.
Third: technically, 6.25 is the midpoint—the most awkward spot.
On the larger timeframe: UNI rose from 3.2-3.5 to 7.48 in mid-August, nearly doubling in a month, and the primary uptrend is still intact. The daily EMA20 is at 5.7-5.8, and the EMA50 is at 4.8-4.9. As long as 5.80 holds, the medium-term uptrend remains intact.
On the medium timeframe: 7.50 was the distribution high, followed by a pullback to 5.86 and a rebound to 6.56, but 6.80 was not reclaimed. The 4H range is 6.16-6.55, with 6.25 sitting slightly above the midpoint.
Upside resistance: 6.45-6.55 → 6.68-6.86 → 7.20-7.50
Downside support: 6.16-6.20 → 5.95-6.00 → 5.80-5.86 (bull-bear boundary) → 5.50-5.54 → 4.60-4.80
The bulls and bears are facing off—you decide
On one side:
30-day volume of $70.6 billion, exceeding the combined volume of the next three DEXs
The burn mechanism has gone live, burning $1.15 million worth in a single day, with an annualized figure of $90 million
Arthur Hayes bought 240k UNI OTC
The monthly chart is in a primary uptrend, and the daily moving averages remain bullishly aligned
On the other side:
Robinhood's subsidies expire on 9/29, the Achilles' heel of the burn narrative
The 9/16 FOMC, with rate-hike expectations weighing on the market
6.80 has not been reclaimed, while the 7.50 distribution high remains heavy resistance
An FDV of $5.5-$6.2 billion remains expensive relative to protocol revenue
6.25 is the midpoint, with an extremely poor risk-reward ratio
Trading strategy
Range trading:
Short setup: rejection at 6.48-6.56, with a bearish 4H close or a long upper wick. Stop-loss at 6.72; targets at 6.20/6.00/5.86.
Long setup: holding at 6.18-6.22, or low-volume stabilization at 5.95-6.00. Stop-loss at 5.78; targets at 6.45/6.68/6.85.
Breakout follow-through:
Long confirmation: a 4H close above 6.56, followed by a retest that holds above 6.40; targets at 6.85→7.20. Exit immediately on a false breakout.
Short confirmation: a 4H close below 5.80, followed by a failed rebound to 5.90-6.00; targets at 5.54→5.20. Medium-term longs should reduce their positions.
From now until the Asian session on Monday: weekend liquidity is poor, so reduce leverage and avoid holding oversized positions overnight.
September 15-16 FOMC: close most short-term positions six hours before the rate decision, leaving only a small position.
September 29 Robinhood subsidy expiration: start monitoring on-chain volume and whether burns are slowing one week in advance. If volume is halved, don't stubbornly hold below 6.00.
Add to medium-term longs around 6.00, building a 20%-30% position.
Stop-loss at 5.80, limiting the loss on each trade to 200-300U.
Take half off on a rebound to 6.85-7.20.
Do not fill the entire position at 6.25.
Spot/medium term: scale in at 5.80-6.00, with a stop-loss around 5.50, and hold for 1-3 months.
UNI now resembles a rich second-generation kid who just got paid—
It has money to burn, but hasn't proven it can keep earning. 6.25 isn't a buy point; it's a test of patience.
Only chase longs above 6.55, admit defeat below 5.80, and trade the range in between. First, survive this week's FOMC.
At 6.25, do you dare chase it? #CoinDesk披露GateRWA永续合约全球Top3 #8月核心CPI超预期 #美参议院发布新版CLARITY法案 $UNI $ETH $BTC

Would you dare to buy the dip at BTC’s $76,600?
Look beyond the surface first: a barrage of negative news, with bulls being crushed.
BTC fell 3% over the past 7 days, retreating from above $80,000 to $76,600. ETFs saw $460 million in continuous net outflows, while $750 million in positions were liquidated, wiping out both longs and shorts. The rate-hike probability surged from 60% to 88%, the 10-year U.S. Treasury yield approached 5%, and the 30-year yield hit a 19-year high.
The candlestick chart shows the beginnings of a double top plus a downside break of the horizontal channel. The 10-day/20-day moving averages have turned into resistance, so short-term pressure is indeed mounting.
First: ETFs are seeing outflows, but you may be overlooking the bigger number.
ETFs saw cumulative outflows of $460 million from September 8–11, including more than $280 million in a single day on September 10. Sounds scary?
But cumulative ETF net inflows still exceed $55 billion, with AUM of about $97.5 billion. The $460 million in outflows is barely a rounding error.
Coins dormant for more than 5 years have reached a record, with about 33% of the supply not participating in trading at all. Long-term holder (LTH) supply remains elevated, creating a supply overhang.
Second: FOMC is the biggest risk this week, but it may also be the biggest opportunity.
CME FedWatch shows the probability of a 25-bp rate hike on September 16 has risen to 80–88%, while incoming Chair Warsh has a hawkish stance.
Has an 88% rate-hike probability already been priced in?
Historical pattern: The more unanimous expectations are, the more likely the market is to “buy the fact.” If the FOMC delivers the hike but uses dovish language, or the market finds that “it’s not that bad,” BTC could rebound violently. If the hike and hawkish guidance deliver a double blow, $76,000 may not hold, with $74,400 or even $70,000 next.
Third: A signal has emerged on the technical front that must be taken seriously.
Price is ranging between $76,000 and $78,500. The 50-day and 200-day moving averages remain above price (a golden-cross structure), keeping the medium-term outlook bullish; however, the 10-day/20-day moving averages have turned into resistance, making the short-term outlook bearish. Daily RSI is neutral at around 53, MACD is weakening in the short term, and the 4-hour chart is consolidating.
Resistance above: $78,000–$78,500 → $80,000 → $81,700 (the 365-day moving average and a key level confirming a new bull market)
Support below: $76,000–$76,500 (held after three tests) → $75,000–$74,400 → $70,000 (the 200-day moving average)
You decide who wins the bull-bear battle
On one side:
$76,000 has held after three tests, while whales bought near $79,000
On-chain long-term holder supply remains elevated, with 33% of the supply dormant
ETF cumulative net inflows exceed $55 billion, providing a solid institutional foundation
The 50/200-day moving averages have formed a golden cross, with the medium-term structure intact
On the other side:
An 88% FOMC rate-hike probability, with hawkish expectations creating pressure
ETFs have recorded $460 million in continuous net outflows, as short-term capital remains cautious
Double top + channel breakdown, with technicals leaning bearish
The 10-year U.S. Treasury yield is approaching 5%, putting pressure on risk assets
Trading strategy
Short-term traders:
Use light positions to sell rallies and buy dips before the FOMC—lightly go long near $76,500, with a stop-loss at $75,800; try shorts if price is rejected at $78,000–$78,500, with a stop-loss at $78,800. If price breaks above $80,000 with volume after the hike, chase longs toward $81,700; if it breaks below $76,000, reduce positions and target $74,400.
Swing traders:
Wait for the FOMC decision and a daily close to confirm the direction before acting. If $76,000 holds and price rebounds on volume, enter on the right side, targeting $80,000–$81,700. If $76,000 breaks on volume, turn bearish and target $74,400–$70,000.
Long-term believers:
Invest in batches below $76,000; $70,000–$74,400 is a golden opportunity. The halving-cycle and institutional-adoption thesis remains unchanged, with a target of $100,000+ by the end of 2026.
BTC now resembles the consolidation before the 2024 ETF approval—
99% of people were too scared to act by the FOMC, only for BTC to shoot directly from $60,000 to $90,000 after the rate hike was delivered.
On the day $76,000 holds, you will realize:
It wasn’t that BTC was incapable—it was that you got scared away every time on the eve of the FOMC.
At $76,600, would you dare to buy the dip? #CoinDesk披露GateRWA永续合约全球Top3 #CoinDesk披露GateRWA永续合约全球Top3 #美参议院发布新版CLARITY法案 $ETH $BTC $SOL

Opportunities in the crypto space often come in waves, and the current situation feels quite similar to the inscription era.
Back then, after inscriptions on BTC had been thoroughly played out, inscriptions started appearing on BSC, AVAX, and various other chains, and eventually even on Celestia. Once the effect had more or less run its course, it meant that entrepreneurial teams from all directions had begun running wild, while retail investors became increasingly less willing to provide exit liquidity. What followed was a long wait. Once even the frontrunners had lost hope in on-chain opportunities, the next major wave began brewing again.
Today, the chaotic frenzy of all kinds of platforms feels very similar. On top of that, foreigners have started calling for Chinese tokens on foreign chains, which is somewhat reminiscent of last year's Wangchai wave. We may be entering the end of a phase of the market, but I think this Robinhood wave should last longer than just one month. For now, the best approach is still to do less P and wait more patiently for signals of the next market wave to appear.

AI Reconstructing Market Analysis Logic | Prism Network Value Breakdown In today’s crypto market, data and news signals flood in constantly. Most users passively absorb information yet struggle to filter, interpret, and translate it into actionable trading ideas. This

The whale behind $LSK is seriously ruthless, blowing up 40 million in a single day.
All I can say is that the weekend market is truly restless, with all kinds of players appearing one after another.
First Lobster, then LSK—is any brave soul still willing to short?

ETH at $2,480—are you buying the dip?
First, the surface view: a surge followed by a retreat, with retail traders cursing.
After Friday’s CPI, ETH surged to $2,665, and the entire market shouted, “$3,000 is not a dream.” What happened? It crashed back to $2,480 in two days, down 7%. The candlesticks tell you that the high-volume bullish candle on September 11 was a typical “fake breakout after a liquidity sweep”—luring traders in before killing those chasing the rally.
First question: ETFs are buying, while Wintermute is selling. Who do you trust?
On September 11, U.S. spot ETH ETFs saw $216 million in net inflows, with BlackRock’s ETHA alone contributing $149 million. Overall flows for the week were positive, in stark contrast to the continuous outflows from BTC ETFs—the funds are rotating from BTC into ETH.
But on the same day, Wintermute transferred $160 million worth of ETH to exchanges, which the market interpreted as potential selling pressure or market-making hedging. Whales are also distributing.
Second question: 34% of ETH is locked up, and the circulating supply is drying up.
The staking ratio has risen to 34%, with more than 41 million ETH locked away. Corporate treasuries such as Bitmine continue to accumulate and stake ETH, now approaching 4.9% of the circulating supply. Tom Lee is still saying that ETH is the settlement layer and the infrastructure for AI and Wall Street.
The Glamsterdam upgrade is scheduled for 2026, raising the gas limit to 200 million, with parallel execution and ePBS doubling L1 throughput. L2s, RWA, and stablecoin settlements are all running on the ETH ecosystem.
ETH is now a yield-bearing asset and a core asset for institutional allocation.
Third question: an FOMC rate hike—the first since 2023.
August CPI was 3.4% year-over-year, with core inflation remaining sticky. The federal funds rate is 3.50%-3.75%, and at the September 15-16 FOMC meeting, the probability of a 25 bp hike has already surged above 80%.
This is the first rate-hike expectation since 2023 and a major shift following the rate-cut cycle in 2025.
Rate hikes = liquidity withdrawal = pressure on risk assets
If the wording is hawkish and the dot plot moves higher, ETH could crash to $2,400 or even $2,350.
If the hike is delivered but the wording is dovish, the negative news may already be fully priced in, potentially allowing a rebound to $2,600+.
You can judge the bull-bear battle for yourself.
On one side:
ETH ETFs continue to see net inflows, with BlackRock bringing in $149 million in a single day.
34% of ETH is locked in staking, and the circulating supply is shrinking.
Corporate treasuries are accumulating, and Tom Lee is bullish.
The medium-term structure is bullish, and the monthly chart is still rising.
On the other side:
Wintermute transferred $160 million worth of ETH, and market makers are selling.
Whales are distributing, and short-term selling pressure is real.
The probability of an FOMC rate hike is 80%, with the risk of tightening liquidity.
$2,550 has failed three times, and $2,665 was a fake breakout.
Resistance above: $2,500-$2,550 (range top) → $2,600-$2,665 (previous high) → $2,700
Support below: $2,470-$2,480 (today’s low) → $2,425-$2,430 (20-day moving average) → $2,400 (psychological level)
Trading strategy
Short-term traders:
Try a small long position at $2,480-$2,470, with a stop-loss below $2,420 and a target of $2,520-$2,550. If ETH breaks above $2,550 and holds, add to the position and target $2,600-$2,665.
If the rebound is rejected at $2,520-$2,550, you can open a small short position, with a stop-loss at $2,580 and targets of $2,480-$2,430. This is suitable for hedging existing positions; don’t take a heavy one-way short position.
Swing traders:
After the FOMC decision, go long with the trend if rates are raised but the wording is dovish; if the hawkish stance exceeds expectations, wait for a crash to $2,400-$2,350 before buying in batches.
Long-term believers:
Below $2,400, dollar-cost average with your eyes closed. With staking locks, ETF buying, and the upgrade coming online, the medium-term target is $3,000-$3,500.
ETH now resembles Bitcoin in 2020—
Everyone thinks it can no longer rise, but ETFs and staking end up consuming the entire circulating supply.
The day $2,550 breaks, you’ll realize:
It wasn’t that ETH was incapable—it was that you kept getting scared into selling at a loss before every FOMC meeting.
At $2,480, do you dare buy the dip?#CoinDesk披露GateRWA永续合约全球Top3 #8月核心CPI超预期 #美参议院发布新版CLARITY法案 $ETH $BTC $SOL

An anonymous whale reportedly bought 1,000+ $BTC worth around $82M in just 4 days.
That’s roughly 250 BTC per day.
Big money is still accumulating while sentiment stays mixed.

🎁 RERC ✅ Invincible Star is currently available for a free trial. Install, open, and connect with one tap—the entire process is straightforward, and it also supports switching between nodes in different regions. Currently supports Android only. Once the free data is used up, you can claim more. 🌐 💬 🐦

ZEC plunged from 1296 back to 1130, NU7 voting closes tomorrow, the ETF is still buying, and shorts are still adding—will this wave surge to 1300 or crash back to 1000?
First: The ETF is real, and the shorts are real too.
The Grayscale ZCSH spot ETF, listed on August 25, is the first spot ETF for a privacy coin. Its AUM has already reached $460–700 million, with sustained buying. Shorts are being squeezed, with tens of millions of dollars in short positions liquidated in a single day.
But there are also plenty of opposing voices: F2Pool co-founder publicly said this is “narrative squeeze + exchange listings + ETF hype.” Shielded transaction adoption is nowhere near high enough, and the fundamentals have not caught up. Whale Garrett Jin is still continuously adding shorts, with some positions deeply underwater.
Second: Tomorrow’s NU7 vote is the real dividing line.
The NU7 governance vote closes at 19:00 UTC on September 14. The vote covers whether to replace halving with smooth issuance, shorten block times to 25 seconds, retire the Sprout pool, and whether the upgrade will launch on schedule.
This will directly determine ZEC’s future supply pace and network narrative. If the vote passes, it will be a long-term positive, with smoother supply; if it fails, there may be short-term selling pressure, but the ETF will still be buying.
Third: The technical picture is consolidating at elevated levels, with 1100 as the line in the sand.
The daily chart remains in an uptrend, with the price well above the 20-day and 50-day moving averages (the 20-day moving average is around 980), but it has pulled back 12–13% from the 1296 high. RSI is at 63–67, cooling from overbought levels but not yet oversold. The 4-hour chart shows bearish divergence + a rising wedge, so a short-term pullback is possible.
Holding 1110 would mean continued range-bound trading; a high-volume break below 1100 could accelerate a test of 1000.
Bulls vs. bears—you decide
On one side:
Grayscale ETF continues buying, with AUM of $460–700 million
Short squeeze, with tens of millions liquidated in a single day
Privacy narrative + concerns over AI data privacy; the sector has far outpaced the broader market this year
The Ironwood upgrade fixed vulnerabilities, and shielded supply recovered to 28–30%
Miner profits are about 2x BTC, and the hash rate has hit a new high
On the other side:
Up 130% in 30 days, with huge unrealized profits
F2Pool co-founder questions it: shielded adoption is not high enough
Whale Garrett Jin continues adding shorts
Hot CPI, with expectations of a September 16 FOMC rate hike heating up
Regulatory uncertainty around privacy coins remains
Overhead resistance: 1155–1165 → 1200 → 1237–1296
Downside support: 1110–1120 → 1080–1100 → 1000
Trading strategy
Bullish approach:
Try a light long position around 1130, or wait for a pullback to 1110–1120 to add. Targets: 1160–1200; a break above the previous high opens the way to 1300. Stop-loss below 1095–1100; reduce positions or consider taking the opposite side after a decisive break below that level.
Bearish / reduce-at-highs approach:
Reduce positions or lightly hedge at 1150–1165, targeting a retest of 1100 or even 1000. Stop-loss at 1180 or above the previous high.
Neutral / wait-and-see:
Range strategy: buy dips near 1110 and reduce positions near 1160.
A vote result that exceeds expectations—whether positive or negative—could trigger a 10–20% move. The sustainability of ETF buying and privacy-coin regulation are both variables. Historical pullbacks after rallies like this are not uncommon.
This ZEC wave is not a privacy-coin celebration; it is a funeral for the shorts.
But if you chase at 1130, you may become the star of the next funeral.
The vote is tomorrow—which side are you betting on?#CoinDesk披露GateRWA永续合约全球Top3 #8月核心CPI超预期 #美参议院发布新版CLARITY法案 $ETH $BTC $ZEC

To be honest, when I was in my 20s and had just started earning a little money, I might have only had a few tens of thousands of yuan in my pocket, but I didn’t think clothes costing several thousand yuan were expensive at all. Back then, I was especially focused on how I dressed; now, I can only say I take things as they come. I don’t deliberately try to save money, nor do I chase brands. If I like something, I buy it. After all, I basically don’t have many opportunities to browse luxury stores, and I can accept the prices of the things I like.

The bulls and bears are split: Is EIP-8141 bullish or bearish for ETH?
One tweet was all it took to set the comments section on fire.
“With Ethereum’s next upgrade, you’ll be able to pay Gas with USDC instead of ETH.”
The bears jumped in instantly: “Gas is ETH’s hardest source of demand. If you don’t even need ETH to pay Gas, what use does ETH have?”
The bulls immediately fired back: “Lower the barrier, and the user base will surge. More ETH will be burned—extremely bullish.”
They argued for three days, and neither side convinced the other.
But my view is that both extremes overlook the same fact.
Here’s the conclusion first: ETH’s demand has never disappeared; it is simply moving elsewhere.
What EIP-8141 does is split a transaction into up to 64 programmable “frames.” Authorization, paying Gas, and execution can be delegated to different accounts.
This creates a new way to use Ethereum: you only have USDC in your wallet and want to send it to a friend. Previously, without ETH, you couldn’t even submit the transaction. In the future, a Paymaster will use ETH to pay Gas to the network on your behalf, and you’ll settle with it in USDC.
What you perceive is “paying the fee with USDC.” At the protocol level, what is received from start to finish is ETH.
Validators still receive ETH, ETH is still burned, and staking security still relies on ETH. The only thing that changes is who uses ETH to pay the bill.
Previously, it was you. In the future, it will be Paymasters, wallet providers, and applications.
So where did the demand go?
It moved from retail wallets to institutional treasuries.
Today: 1 million users each keep a little ETH in their wallets for Gas. Demand is fragmented, retail-driven, and scattered across tiny amounts.
In the future: a small number of Paymasters, wallet providers, and applications will hold larger ETH operating balances and handle Gas collectively for vast numbers of ordinary users. Demand will become concentrated and wholesale-oriented.
But here’s the painful fact—
Don’t naively assume that “every time a user pays in USDC, the backend immediately goes to the market and buys the equivalent amount of ETH.” Paymasters have their own inventory management and hedging strategies; they will not buy instantly at market prices.
So in the short term, don’t treat EIP-8141 as a buy signal. It is a medium-term structural shift, not a catalyst for the price chart.
So what is the real deciding factor?
There is only one question: once the barrier disappears, will more people actually start using Ethereum?
Let’s do the math:
In the past, 100 people wanted to enter the ecosystem. 70 were discouraged by “buy ETH first, calculate Gwei, and deal with cross-chain hassles,” leaving only 30 who completed a transaction.
In the future, wallets will absorb all these hassles in the background, and 80 people will complete their transactions smoothly—even if they don’t hold a single bit of ETH, the actual amount of ETH consumed and burned by the network will be far greater than before.
Conversely, if the ecosystem fails to bring in incremental users and merely replaces “paying out of your own pocket” with “having someone else pay for you,” then there is indeed no new value.
EIP-8141 is not betting that ETH will be abandoned. It is betting that once the Gas barrier disappears, more people will actually start using Ethereum.
Whether that bet is right will become clear after Hegotá goes live in 2027.
Ethereum is shifting from a retail model in which “every user must stockpile ETH” to a wholesale model in which “institutions stockpile it for you, and you just use it.”
In the short term, retail buying demand for ETH will indeed decline. In the long term, if the user base truly grows, institutions will hold far more ETH than retail users. #CoinDesk披露GateRWA永续合约全球Top3 #8月核心CPI超预期 #美参议院发布新版CLARITY法案 $ETH $BTC $SOL

Regarding whether rates will be raised at next week’s policy meeting
At present, the market-implied probability of a rate hike has risen to 90%
In any case, I personally think it will fall either way
If rates aren’t raised, it will plunge; if they are, it will dip slightly
Because, judging from current market conditions
A rate hike has already been priced in
The possibility of no rate hike has not yet been fully priced in

Tom Lee’s “Bottom Theory”: Someone Sitting on $5 Billion in Unrealized Losses Tells You It’s Time to Buy
5.93 million ETH. $5 billion in paper losses.
That’s the situation BitMine Chairman Tom Lee is in now.
And then what did he say?
“Over the next 12 months, the crypto market will be extremely bullish. The four-year cycle bottom will arrive next month.”
A bleeding man is telling you it’s time to buy.
Don’t you think something feels off?
Don’t rush to accuse him of letting his position dictate his thinking.
In August 2025, BitMine built its ETH position at an average price of $3,840 to $3,950, snapping up $5 billion worth in 35 days and claiming the title of the world’s largest ETH treasury.
At the time, ETH was around $4,000. His logic was clear: Ethereum would become the global financial settlement layer, and institutions would rush in.
And then?
ETH fell all the way. At its worst, it dropped to $1,500, and BitMine’s unrealized losses briefly soared to $10.5 billion.
But he didn’t sell. Not only did he not sell, he kept buying.
In the week of September 7, BitMine added another 28,086 ETH, increasing its holdings to 5.93 million ETH and leaving just 3% to reach its goal of controlling 5% of Ethereum’s total supply.
It has staked more than 5 million ETH, generating $330 million in annualized staking revenue.
He is using income to shoulder unrealized losses. Using cash flow to bet on the future.
So why does he think the bottom is in?
Two arguments.
First: Leverage has already been flushed out.
On October 10, 2025, Trump threatened to impose an additional 100% tariff on China. More than $19 billion in leveraged positions in the crypto market were forcibly liquidated within 24 hours, wiping out 1.6 million traders, including $16.7 billion in long positions.
Tom Lee’s point is: Everything that needed to blow up already has. The borrowed money in the market has been cleaned out, and what remains is real money holding the line.
From a market-structure perspective, this makes sense. Open interest in perpetual contracts fell 43% in a single day, and speculative leverage was indeed largely flushed out.
But what happens after leverage is flushed out?
A flush-out does not mean capital will return. It only wipes the table clean; it does not mean anyone is willing to sit down and eat.
Second: The four-year cycle.
Under the traditional rhythm, this cycle’s bottom will arrive next month. BTC peaks roughly 18 months after the halving, then bottoms 12 months later.
But the “cycle” is a historical generalization, not a law of physics. The previous three cycles had halving narratives, retail FOMO, and a low-interest-rate environment. The macro environment is completely different now.
Using a historical chart to predict the future is not fundamentally much different from betting big at a casino because the previous hand came up big.
But what really sends a chill down my spine isn’t his arguments.
It’s this sentence.
Tom Lee said that more than a decade ago, Fundstrat recommended that clients allocate 2% of their portfolios to crypto assets. Today, in the accounts of clients who followed that advice, crypto assets account for more than 85% of their portfolios.
2% became 85%.
It’s not that the clients added to their positions. It’s that the 2% rose more than 40-fold and consumed the entire account.
If Tom Lee is right, these clients have made a fortune. If he is wrong—
An account with 85% allocated to crypto does not get cut in half during a bear market. It goes to zero.
Tom Lee’s “bullishness” is not a recommendation; it is a survival necessity.
He holds 5.93 million ETH, with a cost basis far above the market price. BitMine’s stock, BMNR, rose 99% for the quarter, but that was because the broader market rebounded, not because of its fundamentals.
Someone sitting on $5 billion in unrealized losses has no second option besides being bullish.
Every time he says “the bottom is in,” he is extending the life of his position. His tokenization calculus—$100 trillion in assets brought on-chain and a $20 trillion opportunity at a 1% fee—is a typical long-term discounting exercise, using future pie-in-the-sky projections to hedge current losses.
I’m not saying this to tell you to short.
I’m saying it so you understand one thing: The loudest voices in the market often come from the people with the largest positions.
Tom Lee may be right. The leverage flush-out is real, and the cycle bottom may indeed be near.
But there is a river between “possibly right” and “worth going all in.”
His clients’ accounts expanding from 2% to 85% is survivorship bias. What you don’t see are the accounts that didn’t survive to today.
Understanding Tom Lee’s situation is more important than understanding his arguments.
When a bleeding man tells you it’s time to buy, you should at least know where his blood is coming from.
Do you think Tom Lee is genuinely bullish, or is he just trying to keep himself alive?#CoinDesk披露GateRWA永续合约全球Top3 #8月核心CPI超预期 #美参议院发布新版CLARITY法案 $BTC $SOL $ETH

$BTC just bounced back above $77K, but the bigger setup is still interesting.
The chart marks $59.5K as the average spot entry and $76.2K–$77.4K as the next key area.
If BTC can reclaim and hold this zone, the next major target comes into focus:
$156K–$190K.
Not a guarantee but the structure is worth watching.
#CoinDeskRevealsGateRWAPerpetualsTop3Globally #AugustCoreCPIBeatsExpectations

Bitcoin is still lagging while global M2 keeps pushing higher.
Historically, liquidity tends to lead $BTC and this chart shows a pretty clear divergence.
If M2 continues expanding, the question isn’t just “when does Bitcoin move?”
It’s how far can BTC catch up? 👀
Liquidity first. Bitcoin follows.

$ETHFI ‌ 👀
ETHFI is still in a bullish 1H structure, but the recent rejection from $0.7793 means it needs to reclaim momentum before another push.
Current: $0.7402
24H High: $0.7793
Supertrend: $0.6830 🟢
Key levels:
🟢 Support: $0.7139 → $0.6771
🔴 Resistance: $0.7508 → $0.7793
If ETHFI reclaims $0.7508 and holds it, the next move could target:
🎯 TP1: $0.7790
🎯 TP2: $0.8000
🎯 TP3: $0.8300
The order book also shows stronger bids than asked in the screenshot, which supports the short-term bullish bias.
Main level to watch: $0.7508.
Above it = continuation setup.
Below it = likely consolidation/pullback toward $0.714.
Not financial advice.
$SNDK ‌#BonkGuyBullishOnUSELESS #AIStockGuruReportedlyBullishOnAI