Crypto KOL Community & Market Trends

A whale transferred 8 million USDC into Hyperliquid half an hour ago, then opened long positions worth $71.8 million in BTC and ETH. ◎600 BTC ($46.94 million), entry price: $78,032; ◎10,000 ETH ($24.89 million), entry price: $2,479. --------------------------------------------------------------------------

Gold at $4,670—what are you waiting for?
Look at the surface first: gold bounced from around $4,000, its July low, to $4,670, gaining 17% in two months.
Spot gold broke through $4,670 per ounce, up 1.43% intraday; New York gold futures broke through $4,700 in one move. It rose approximately 6-7% for the week and approximately 15% for the month, reaching a more-than-three-month high. In less than a week, gold successively broke through the $4,500 and $4,600 levels. The candlesticks are telling you: this is not a rebound—it is a trend reversal.
First: confidence in the U.S. dollar is collapsing, yet you are still watching CPI.
The U.S. Treasury unexpectedly announced last week that it would at least double the scale of its long-term Treasury buybacks.
Do you understand? Even the U.S. government is worried that its Treasuries cannot be sold, so it has started buying them back itself.
What was the result? The U.S. Dollar Index plunged, while gold surged more than 5% in a single week. More importantly, after briefly retreating, the 10-year U.S. Treasury yield quickly rebounded back to 4.7%, reflecting continued heavy selling pressure on Treasuries as the debt ceiling draws near.
Nobody wants U.S. Treasuries, the dollar is losing value, and gold has become the only safe haven.
Second: Goldman Sachs changed its tune, saying “$4,900 is too conservative.”
Goldman Sachs previously forecast gold at $4,900 by the end of 2026, but has now changed its stance—the original target already appears conservative. Why?
Because gold has entered a “mechanical acceleration zone.” A “Gamma squeeze” has emerged in the options market: investors are frantically buying call options, forcing market makers to add hedges as gold rises, creating a self-reinforcing cycle in which “the higher the price, the heavier the buying.”
Third: two nuclear-level events will erupt this week.
The first: July PCE inflation data (the Fed’s favorite inflation gauge) is about to be released. The market expects core PCE to remain at 3.3% year over year. If the data comes in soft, rate-cut expectations will heat up and gold could take off.
The second: Fed Chair Kevin Warsh’s first major speech at Jackson Hole (10:00 p.m. Beijing time on August 28). The market is paying extremely close attention to his policy signals.
You can judge the bull-bear battle for yourself
On one side:
Confidence in the dollar is collapsing, and the Treasury is buying back its own debt
Central banks around the world are aggressively buying gold, while China has increased its holdings for 21 consecutive months
Goldman Sachs changed its stance, saying $4,900 is “too conservative,” while institutional long positions account for 60%
The SPDR Gold ETF added nearly 50 tons in one month
On the other side:
RSI has entered overbought territory, creating a risk of a short-term pullback
If PCE comes in hot or Warsh takes a hawkish stance, profit-taking could be triggered
$4,670-$4,700 is a strong resistance zone, with three failed attempts to break through
Key levels
Resistance above: $4,700 → $4,720-$4,750 → $4,800 → $4,900-$5,000
Support below: $4,620-$4,600 → $4,550-$4,570 → $4,500
Trading strategy
Short-term traders:
Buy in batches on a pullback to $4,600-$4,620, with a stop-loss at $4,550 and a target of $4,720-$4,750. Go long on a volume-backed breakout above $4,700, with a stop-loss at $4,650, targeting $4,800-$4,900.
Swing traders:
Wait for the PCE data and Warsh’s speech to be released. If the signals are dovish, take a heavy long position, targeting $4,900-$5,000. If they are hawkish, wait for a pullback to $4,500-$4,550 before getting in.
Long-term believers:
Systematically buy below $4,500 with your eyes closed. Driven by central-bank gold purchases, weakening confidence in the dollar, and the U.S. debt crisis, gold’s long-term target is $5,000-$6,000+.
Gold now looks just like Bitcoin in 2023—
99% of people thought it had “risen too much,” yet it went all the way from $2,000 to $4,000.
When $4,700 breaks through, you will realize:
It was never that gold was not good enough—it was that every time, you thought it was “too high.”
What is your cost basis for gold?
At $4,670, are you willing to get in? #BTC三天大涨20% #Gate储备金规模升至82亿美元 #质押ALIGN瓜分千万代币 $BTC $XAU $XAUT

When I made that post that day, my thinking was still relatively unclear, but I had already done it. Now my thinking is a bit clearer. Press it twice, put it in the middle, and proactively lower the difficulty.

Three subjective opinions:
1. In this market cycle, Bitcoin and Ethereum are considered conventional BETA returns—the most basic and simplest option;
2. The markets for veteran secondary-market traders are full of traps. Only experts can profit from them and still make it out unscathed;
3. The true main narrative is still unclear, but it could possibly be crypto-stock MEME. This is the sector that can truly make people rich and attract attention and traffic.

AAVE at $135—are you chasing it?
First, on the surface: from $85 to $144, a 70% surge in two weeks.
Up 50-60% over the past week and 45-50% over the past month, with TVL surpassing $30 billion (up 30% in Q3), while V4 deposits surged from $50 million to several hundred million. The price has climbed above all medium- and long-term moving averages, and the structure has completely turned bullish. DeFi's spring is back—don't miss out. While you were agonizing over whether to chase it, it fell from $144 to $135.
First: the founder shouted, “Liquidity is back,” and this time he may not be bluffing.
One sentence from Stani Kulechov sent the market into a frenzy. But slogans alone are useless—the data is validating him:
Total deposits on the Aave protocol surpassed $30 billion, up 30% since Q3
Active loans stand at around $10 billion, while V4 deposits surged from $50 million to several hundred million over a few months
Low-yield chains and markets are being cleaned up (optimizing $98 million in deposits), improving capital efficiency
Second: the buyback mechanism is coming, and AAVE may become “an asset backed by cash flow.”
The team confirmed that it is developing an automated buyback mechanism—part of the protocol revenue and GHO stablecoin revenue will be used to buy back AAVE.
Aave itself is already generating revenue (lending spreads, liquidation fees, and GHO interest)
Previously, the profits went to the treasury; now, part of them will be used to directly buy the token
This is the Web3 version of a “stock buyback,” and it will be executed automatically at the protocol level
If implemented, AAVE will shift from a “governance token” to “an asset backed by real buying pressure.”
Third: technically, it has reached a level where you must stay calm.
The weekly chart rose from $85 to $144, a 70% gain in two weeks. RSI has entered overbought territory (above 80), while the 4H/1H charts show high-level consolidation after an accelerated rally.
If it holds above 140 on strong volume, the main uptrend will continue, with targets of 157-160 and even 180. If it breaks below 130, a pullback to 120-125 would be a healthy correction and shakeout.
The bulls and bears face off—judge for yourself
On one side:
TVL surpassing $30 billion, up 30% in Q3, with real capital flowing back
The automated buyback mechanism is advancing, giving AAVE real buying support
MC/TVL is only 0.12, indicating severe undervaluation
V4 multi-chain expansion + RWA strategy, opening the door to institutional capital
On the other side:
A 70% gain in two weeks, RSI overbought, and short-term overheating
140-145 has failed to break three times, and profit-taking needs to be absorbed
If expectations for macro rate hikes heat up, high-beta DeFi will bear the brunt
If BTC fails to hold $75k, AAVE will inevitably follow with a pullback
Key levels
Upside resistance: 140-145 → 148-150 → 157-160 → 180
Downside support: 130-132 → 120-125 (strong support) → 110-115
Trading strategy
Short-term traders:
Wait for a pullback to 128-132 before cautiously going long with a small position, set a stop-loss below 125, and target 140-145. If it breaks below 130 directly on strong volume, you can take a short position as a hedge, targeting around 120.
Swing traders:
Place staggered bids in the 120-125 region, set a stop-loss at 110-115, target 150-160, and then look toward 180.
Long-term believers:
Blindly DCA below 120 on pullbacks. Aave is the undisputed leader of DeFi, with severe MC/TVL undervaluation + buyback expectations + RWA catalysts, and a 2027 target of 300+. If BTC breaks below $75k, reduce your position and wait on the sidelines first.
Aave now looks just like UNI in the summer of 2020—
99% of people thought “DeFi is dead,” but when liquidity returned, the leader tripled directly.
On the day 140 breaks through, you will realize:
It wasn't that DeFi was incapable—it was that you only asked whether you could chase after every rally.
What is your AAVE cost basis?
At 135, do you dare get on board? #BTC三天大涨20% #Gate储备金规模升至82亿美元 #质押ALIGN瓜分千万代币 $BTC $UNI $AAVE

In October 2018, the concept of DeFi was officially born. Two years later, in June 2020, DeFi officially took off and exploded. In December 2022, inscriptions were born. In January 2023, the Ordinals Protocol became officially available to the public on Bitcoin’s mainnet. My intuition: The super narrative for the next bull market in the crypto space has already been born!

Actually, in this market, liquidity really doesn’t feel that good. Instead, traps are everywhere, making it hard for large amounts of capital to find a good entry. This market is more suitable for trading with 1000u. Every time you make a profit, withdraw it and enjoy yourself—it can also boost your confidence. Use 1000u to gain experience and get a feel for the market. Even if you lose it all, you’ll only lose 1000u, and it won’t happen all at once—you’ll definitely be trading for a while.

The Four·meme trading competition officially starts today!!! It will run for 10 days, with a total prize pool of 100k U!!! The top 150 profitable traders on the leaderboard will share 10k U in prizes every day.
The trading threshold is also relatively low. As long as you reach 100 U in trading volume and complete your buy and sell transactions with profits settled on the same day, you will be eligible for the leaderboard.
For those who usually scan the BSC chain and trade dog coins, this activity is basically free money. It simply turns the results you would have achieved anyway into visible daily rankings and rewards.

Would you dare chase HYPE at $83 if Trump personally shilled it?
First, on the surface: it went from $58 to $83 in a week, its market cap surged to ninth place, crushing Dogecoin.
But then what? It pulled back after surging, perpetual funding-rate premiums halved in three days, and bulls and bears began an intense battle. HYPE has entered the “price discovery” phase, with no historical resistance above. The real volatility has only just begun.
First: Trump personally name-checked it—this isn’t a trade call; it’s national policy.
On August 19, Trump unusually mentioned Hyperliquid at a White House crypto industry meeting, saying CFTC Chairman Mike Selig was working to bring the platform into the US market “in a fully compliant and legal manner.” After the news broke, HYPE surged 20-25% in 24 hours. CZ later posted: “What is good for one company is equally good for the entire industry.”
Hyperliquid had previously banned US users. Once the US market opens, HYPE’s trading volume and fee revenue could directly double or even triple.
Second: AQAv2 launches the day after tomorrow—burning an additional $160 million annually.
99% of HYPE’s protocol fees are directly used for open-market buybacks and HYPE burns.
That’s still not enough. On August 26, AQAv2 officially launches—the platform’s more than $5 billion in USDC reserves will generate an additional $135 million to $160 million in annual yield, with 90% flowing directly into the buyback fund.
Previously, only trading fees were used for buybacks
Going forward, interest income will also be used for buybacks
An additional $150 million will be spent annually buying and burning its own token
Third: The technical picture has entered “price discovery”—there is no ceiling and no floor.
HYPE broke above $83 this morning to set a new all-time high and is currently retesting around $80. It is up more than 40% in seven days, with 24-hour futures trading volume at approximately $43.5 billion and open interest at approximately $3.5 billion.
The good news: HYPE has entered the “price discovery” phase, with no historical selling pressure above. The bad news: Where there is no ceiling, there is also no one to catch you when you fall.
As for the battle between bulls and bears, you decide
On one side:
Trump’s White House mention of HYPE + CFTC pushing for compliant entry into the US—a national-level narrative
AQAv2 launches on August 26, burning an additional $150 million annually through buybacks
$1.27 billion worth of HYPE has been burned, with annualized revenue of $600 million-$950 million
Up 40% in seven days and entering the price discovery phase, with no resistance above
Ninth-largest market cap, crushing Dogecoin, with institutions beginning to pay attention
On the other side:
Perpetual funding-rate premiums have halved in three days, cooling long-side enthusiasm
Massive profit-taking near the ATH, with an extremely high risk of a pullback after the surge
There is still no timeline for regulatory implementation, while CME and ICE are lobbying for reviews
Futures open interest stands at $3.5 billion, with crowded leverage; once the direction is wrong, it will trigger a cascade of liquidations
Key levels
Resistance above: 83 (ATH) → 85-90 → 100
Support below: 80-81 → 76-78 → 72-74
Trading strategy
Short-term traders:
Wait for a pullback to 76-78 to accumulate in batches, with a stop-loss at 74 and a first target of 83-85. Go long after a high-volume breakout above 83 is confirmed, with a stop-loss at 80 and a target of 90-100.
Swing traders:
Wait for a daily close firmly above 83, then enter with a large position after confirmation, with a target of 90-100. Reduce your position and stay on the sidelines if it falls below 76.
Long-term believers:
Blindly dollar-cost average below 70-75. HYPE has real revenue + mandatory buybacks + a presidential-level compliance narrative; in the long run, it is an “L1 with cash flow.”
HYPE now looks just like SOL in 2024—
99% of people thought “it has risen too much, I don’t dare chase it,” yet it went from $20 all the way to $200.
On the day 83 breaks through, you will realize:
What is your HYPE cost basis?
At 79, would you dare get on board? #BTC三天大涨20% #质押ALIGN瓜分千万代币 #Gate储备金规模升至82亿美元 $BTC $ETH $HYPE

Which early Bitcoin holders do I respect? Those who humbly admit that they aren’t particularly skilled at trading, but had excellent foresight early on and the patience to hold all the way through, benefiting from the growth of the crypto industry. Teacher Jiang’s spirit of refusing to grow old is equally admirable, but it’s true that some newcomers who aren’t very good at filtering information may be misled by the teacher’s loud voice!

Which early Bitcoin holders do I respect? Those humble people who admit that they don't really have much trading skill, but had exceptional early vision and the patience to hold all the way through and benefit from the growth of the crypto industry. Teacher Jiang's spirit of refusing to grow old is equally admirable, but indeed, some newcomers who aren't very good at filtering information may be misled simply because the teacher speaks so forcefully!

BTC at $77,700—are you going to chase the rally?
First, look at the surface: a violent rebound, with retail investors FOMOing in at the highs.
In mid-August, it was still stuck at 62k-65k, but within a week it shot straight to 79.5k, gaining 23-26% on the weekly chart—one of the biggest single-week increases in recent years. Billions of dollars in short positions were liquidated across the market. Just after retail investors had been cut up, the market took off.
The candlestick chart tells you: BTC successfully broke through the 67.5k range and moved above the 200-day moving average (71.7k), while the weekly chart formed a higher low—the medium-term trend has turned bullish, but don't chase the rally in the short term.
First: ETF inflows reached $1.9 billion for the week. Retail investors alone couldn't have generated this volume.
Spot BTC ETFs saw approximately $1.9 billion in net inflows this week, the highest in 10 months. BlackRock IBIT contributed the most, with institutions buying with real money.
Even Ray Dalio has publicly recommended allocating to BTC to hedge against US debt risks. Are you still waiting for a pullback? They're buying while you're watching—it's always like this.
Second: The US Treasury has pulled out a major move, opening the liquidity valve.
The US Treasury announced that it would at least double the scale of long-term Treasury buybacks to around $4 billion, directly pushing down long-end yields.
Treasury buybacks = money being injected into the market
Lower long-end yields = risk assets become more valuable
BTC and gold benefit directly
On top of that, Trump is pushing the CLARITY Act (vote on September 15), creating expectations of "policy clarity" for the crypto industry. Regulatory easing + liquidity release—the two-part formula for a bull market.
Third: A technical signal has emerged that must be watched carefully.
The daily RSI has entered the overbought zone (78-88), the price is near the upper Bollinger Band, and the 4H chart is showing signs of cooling. The pullback from 79.5k to 77k is a typical "high-level consolidation after a sharp rise."
Don't panic—this is a healthy pullback for consolidation, not the end of the trend. The key is whether 76k-76.5k can hold.
The bulls and bears are battling it out—judge for yourself
On one side:
ETF inflows of $1.9 billion for the week, the highest in 10 months
The US Treasury is injecting money, opening the liquidity valve
Trump's policy tailwinds + Ray Dalio calling for BTC allocation
The weekly chart has broken through the range, and the medium-term trend has turned bullish
On the other side:
Daily RSI overbought at 88, indicating short-term overheating
This week's PCE + Jackson Hole could trigger a sell-off if the tone is hawkish
If 76k fails to hold, a pullback to 73k-74k
Funding rates have turned positive, and longs are crowded
Key levels
Upside resistance: 78.5k-79.5k (recent high) → 80k (psychological level) → 82k-85k → 95k
Downside support: 76k-76.5k (pullback zone) → 75k (Fibonacci level) → 73k-74k (strong demand zone)
Trading strategy
Short-term traders:
Wait for a pullback to 76k-76.5k to cautiously open a small long position, with a stop-loss below 75k, a first target of 79.5k-80k, and a second target of 82k-85k.
Swing traders:
Wait for a volume-backed hold above 79.5k-80k before chasing longs on the right side, with a stop-loss at 78k and a target toward 95k. If 75k breaks on heavy volume, stay on the sidelines and wait for 73k-74k before bottom-fishing.
Long-term believers:
Place buy orders at 73k-74k—if it falls there, that's a buying opportunity. With ETF inflows continuing, the debt narrative, and regulatory clarity, the 2027 target is 100k+. But remember—this week's PCE + Jackson Hole could bring huge volatility, so don't take too large a position.
BTC rose 23% this week, but you may have lost money—
Because every time, you sell at the bottom and chase at the top.
On the day 80k breaks through, you will realize:
It wasn't that BTC was no good—it was that you kept dying just before dawn.
What is your BTC cost basis?
At 77700, do you dare to add to your position? #BTC三天大涨20% #Gate储备金规模升至82亿美元 #质押ALIGN瓜分千万代币 $BTC $ETH $SOL

$BTC Get Ready to Take a Beating in the Short Term:
1. It will inevitably go to the moon in the long term, with no ceiling
Bitcoin will reach $1 million and eventually $100 million sooner or later. Fiat currency will become increasingly worthless, so there is fundamentally no ceiling in the long run.
2. Get ready to take a beating in the short term—this rally is baiting people into buying
The market has risen too sharply and is already greedy. It could dump 20%, 30%, or even 40% at any time. Many people think the bull market has arrived, but this is very likely a false breakout. Don’t get fooled.
3. Don’t use leverage, go all in, or borrow money to chase the rally
When prices are rising, it’s easiest to get carried away. Many people now want to use mortgages or credit cards to add to their positions. Wrong! Borrowing money to buy now is just sending yourself to the slaughter; you’ll get liquidated as soon as the price pulls back. Just stick to your original dollar-cost averaging plan and don’t suddenly become more aggressive.
4. Both rises and falls are normal; it’s a four-year cycle
A healthy asset cannot go straight up forever. Pullbacks and crashes are necessary. Once you make it through one four-year cycle, the next one will be much easier. The goal is to hold for at least four full years.
The only correct approach: Keep dollar-cost averaging and hold for 10-30 years.

It’s still the early stage of the uptrend, because many people haven’t shaken off their bear-market shorting mindset yet
They all want to short the top
Will the market give you that opportunity?
$BTC

@BTC_Alert_ @MSX_CN Brother Suozi is making money again—whatever he buys, he profits!

BNB Chain and officially launched the MEME ARENA competition today, putting up 100,000 USDT for 10 consecutive days and giving away money every day. The logic of this event is simple and straightforward: as long as you trade tokens on that have graduated and meet the market cap and liquidity requirements, whether they have taxes or not, and complete 100U in daily trading volume_久久爱

Japanese stocks have genuinely become much more convenient for me this time.
I used to think that looking into Japanese stocks would involve a lot of hassle: exchanging currencies, opening an account, and using different accounts for different markets... Just thinking about it was enough to make me not want to bother.
Now @Gate has brought Japanese stocks directly onto the platform.
The first batch includes around 300 TSE-listed stocks, including Toyota, Sony, Nintendo, SoftBank, and Tokyo Electron.
What matters more to me than the number 300 is that the trading experience has been simplified.
There is no need to open a separate Japanese brokerage account, and you can participate directly with USDT without preparing a separate pool of Japanese yen.
And if you already trade crypto assets on Gate, you can now view U.S. stocks, Hong Kong stocks, and Japanese stocks together. Having to switch between fewer platforms is a very practical advantage for me.
I used to want to buy Japanese stocks but found the process too troublesome. Now they are convenient enough that I can just open the app and take a look whenever I have nothing to do before deciding whether to buy.
Of course, convenience is only the first step. You still need to research the company yourself before placing an order.
But if you have always been interested in Japanese stocks and have been put off by things like opening an account and exchanging currencies, I think this is worth checking out.
Which would you look at first: Nintendo or Toyota?
Gate Japanese Stock entrance:

Actually, being able to smoothly adjust your mindset does require a subjective prerequisite: you bought $ETH at just over 1,500 and $BTC at just over 60,000 (like me), so even slightly higher would not really matter. But if you got in mid-range—for example, chasing Ethereum at 1,900 and Bitcoin at 70,000 or even higher—then there may indeed be some psychological hurdles, to some extent.

The more violently it rises
the more brutally it falls
the script is pretty much the same

$GME The day before yesterday, I told the group members to keep an eye on it. It was an early-stage project in the same rb stock pool. $Ai has already skyrocketed. $GME will definitely be pumped as well. I bought the dip around 1m, and it reached a high of 4m over the past two days, more than a 3x. You can take out your principal and use the profits to speculate on the volatility ahead. $Ai was built on the long platform and rose to 30m after going through a shakeout, while $GME was built by bnkr and is an established platform on Base. The platforms are different, but the concept is the same: it is simply AI.