Fed's Cook Signals Possible Rate Hike Amid Inflation Concerns Fed member Lisa Cook indicated a potential interest rate increase if inflation does not begin to slow soon. She warned the regulator might not have time to wait for inflation to return to the 2% target. At July's meeting, Cook supported keeping rates unchanged but highlighted risks of persistent high inflation. Earlier, Minneapolis Fed President Neel Kashkari urged the Fed to start gradual rate hikes now to curb inflation. $BTC

ETF Inflows: Spot Bitcoin ETFs in the US recorded a positive trend with net inflows for five consecutive days, totaling US$98.85 million. #bitcoin #btc $BTC ‌$BTC ‌

Aug. 8 Xingran Evening BTC/ETH Market Analysis BTC rebounded after bottoming out on the 4-hour timeframe, recovering from the low of 62228.8. The price has stabilized above the short-term moving averages, and bullish momentum has been released to some extent. Strong resistance lies in the 65358‑65722.5 range above. The market is currently in a rebound phase, with room for a one-sided rise not yet opened; short-term trading will most likely remain range-bound. - Resistance range: 65350‑65720 - Support range: 64450‑64100 - Trading strategy: Go long after a pullback stabilizes at support, with a stop-loss at 63800 and a target of 65300‑65650; Open a short position if upward momentum stalls at resistance, with a stop-loss at 66000 and a target of 64600‑64200. ETH followed BTC in rebounding, fluctuating upward from the low of 1820.61. The center of gravity of the 4-hour candlesticks has continued to rise, with bulls in control. Double resistance has formed at 1943‑1982 above, and a pullback shakeout may occur during the rebound. - Resistance range: 1940‑1980 - Support range: 1900‑1865 - Trading strategy: Go long after a pullback stabilizes at support, with a stop-loss at 1845 and a target of 1938‑1975; Open a short position if the rebound encounters resistance, with a stop-loss at 2000 and a target of 1902‑1870.$BTC $ETH