Last night, the Goldman Sachs team announced that a 50 basis point rate cut in September has become the benchmark scenario. Today, the crypto world has basically rebounded across the board, indicating that everyone seems to take a 25 basis point cut for granted. If there is a 50 basis point cut, it is expected to further boost market confidence!!!

ETF Market: Last night, after several days of large outflows, Bitcoin and Ethereum ETF funds finally returned to a net inflow state, although not much. Bitcoin saw an inflow of 90 million, and Ethereum saw an inflow of 30 million. Although this is not the billions that were seen before, the impact on market sentiment is still very evident.

Just now, Ethereum $eth broke through 3750, and as I write this, it is about to hit 3800. Since institutions and consortiums have focused on Ethereum ETFs, any pullback followed by upward spikes has been led by Ethereum. Everyone should remember to adjust their views on this!

Speaking of altcoins, I just took a glance, and the Binance gainers list is basically dominated by the DEFI sector. This summer, with Ethereum leading the way, are we about to see a repeat of the legendary DeFi summer??? Therefore, it is quite necessary to position for a rebound in leading DEFI projects, such as $uni and $ena.

#ETH巨鲸增持 #九月降息预期