Mainstream Token Trend Overview (As of Today)

BTC is about $114,770, down about 1.6%, after a short-term pullback, entering a consolidation phase. ETH is about $4,740, up about 2.2%, showing a strong rebound. Today's brightest block is SOL, about $203, up about 4.9%, leading the Mainstream Token, reflecting a lively market. ADA is about $0.913, slightly up about 0.2%, relatively stable, with a slight rebound. XRP is about $3.02, showing a slight rebound as the price stabilizes, waiting for the subsequent trend. BNB is about $889, up about 1.4%, and BNB also maintains its strength, boosting market sentiment.

Today's Selected News
Today's Cryptocurrency News Highlights

• The crypto market has rebounded strongly after a massive plunge.
Federal Reserve Chairman Powell mentioned the possibility of interest rate cuts at Jackson Hole, causing a strong market reaction:

BTC rose 4.2% to about $117,220;

ETH surged 14%, reaching approximately $4,789;

XRP and SOL rose by 6.4% and 9.1% respectively; Dogecoin also increased by 10%. Barron's also reported that due to the significant rise in rate cut expectations, the CME FedWatch tool shows that the probability of a rate cut in September has soared to 87%, with the market sentiment tilting dovishly.

Comprehensive Analysis and Current Market Atmosphere

Interest rate cut expectations dominate the market's strengthening: Sudden changes in macro policy signals quickly drive risk assets back into a bullish pattern.

The rotation of coins is obvious: SOL and ETH have rebounded the most significantly, reflecting a rapid influx of funds into the active trading sector.

Technical analysis pays attention to rhythm:
BTC needs to observe the $116K support and pressure situation;

If ETH breaks through $4.8K, it is expected to continue to attack the previous high;

SOL is closely monitoring the breakout point of the resistance zone at $205–210.

Short-term caution is needed against pullback pressure: The rapid rise driven by policies carries the risk of chasing highs, and it is advisable to wait for confirmation of trading volume before pursuing further.