The financial market is undergoing dramatic changes, with several key events attracting investors' follow.

First of all, U.S. monetary policy may be on the verge of a significant turning point. Barclays' latest analysis indicates that the Federal Reserve may cut interest rates by 25 basis points in both September and December of this year. This "double rate cut" expectation far exceeds previous market expectations and may release liquidity earlier.

Secondly, the short-term trend of Bitcoin will be closely related to U.S. economic indicators. Market analysts suggest paying close attention to U.S. preliminary GDP and core PCE inflation data. Data showing economic slowdown and cooling inflation could enhance the Federal Reserve's confidence in lowering interest rates, which would be beneficial for Bitcoin. However, if the economic data performs strongly, it may lead investors to adopt defensive strategies, extending the short-term adjustment period.

It is worth noting that a large investor has recently demonstrated impressive trading skills in the Ethereum market. This investor sold all 10,425 ETH in the past 17 hours, cashing out nearly 50 million USDT. Looking back at their investment journey, it started with cross-chain operations in June, followed by a full buy-in in mid-July, and then selling in batches in August, ultimately achieving about 51.7 million USDT in profit, increasing the principal to 150 million USDT, making them a model of investment.

At the same time, the cryptocurrency-related sector in the Hong Kong stock market saw a broad rise today. Ethereum-related ETFs generally surged over 9%, and several cryptocurrency concept stocks also showed strong upward momentum. Huaxing Capital Holdings rose by more than 10%, and companies like Huajian Medical, Boya Interactive, and OKC Cloud Chain also experienced price increases of over 5%.

The market atmosphere is rapidly changing, with frequent positive news and clear actions from large investors, leading to a strong performance in the cryptocurrency sector. However, the upcoming economic data from the United States will still be a key factor influencing the market's direction. Investors need to stay vigilant and closely monitor market trends.