PUMP Looking back at the PUMP coin, after the high-level distribution, it indeed absorbed a significant amount of capital at the bottom. I even mentioned at the time that capital movements were extremely frequent, with dozens of fluctuations. It's now significantly higher than the bottom. Missing out isn't a big deal. The key is to learn to transcend market sentiment and use capital monitoring to analyze the movements of major investors. This logic applies to any coin. However, this type of coin is truly difficult to hold onto. The recent WLFI has followed a similar path.

BAKE the next MYX? Is speculators trying to manipulate the market? Delisting spot trading but not futures contracts!

The probability of a new coin experiencing a direct upward movement is actually very low! For example, OPEN's current price corresponds to a market capitalization of approximately $300 million, yet it has only raised $8 million. No matter how good the concept is, it's useless. Its market capitalization is already substantial, and it hasn't yet experienced multiple days of volatility to establish a bottom. It's highly unlikely that it will experience a sustained upward movement. Coins that can truly surge, like M-Coin and MYX, all experience multiple days of volatility, accumulation, and bottoming out before taking off. Put OPEN on your watch list for now, and wait for the right opportunity.

BTC is currently in a weak rebound phase amidst expectations of a rate cut! I had originally expected a decline this week, but BTC unexpectedly rebounded today, which makes me ponder the logic behind this rebound. When Powell's last speech was dovish, BTC quickly surged to around 117,500, demonstrating the market's high expectations for a rate cut. The positive news of the rate cut on the 17th will continue to maintain bullish confidence. However, institutions are currently selling BTC and ETH at rallies in ETFs, and net inflows are low. Therefore, the BTC price likely won't reach 117,500 on the 17th, and downward pressure remains.

Is Dogecoin (DOGE) about to embark on a major uptrend? DOGE has risen nearly 7% over the past two days, ranking second among large-cap stocks in the past 24 hours, second only to WLD. Even the D Guardians are excited: Is Dogecoin's spring coming? "Carving the Boat" analysis: Since September of last year, DOGE has risen for three consecutive months, nearly quintupling its value. Now, they believe DOGE's major uptrend may have begun. (P.S.: Last year, there was some speculation from the efficient sector, but not this year.) Some good news: Yesterday, whales withdrew over 10 million DOGE from Binance, worth approximately $2.25 million. A related ETF may be listed this week. Thumzup plans to buy DOGE. So, can DOGE take off this time?

Here's the cryptocurrency watchlist for the coming week: SOL: On September 9th, SOL Strategies will become the first Solana fund to be listed on Nasdaq. RESOLV: The Resolv S2 points program will end on September 9th. ENA: StablecoinX will launch, buying $5 million to $10 million worth of ENA daily. LINEA: The TGE will take place on September 10th, so keep an eye on it. HOME: The "Everyone Gets 1,000 HOMEs" event will be announced next week. DOT: A major product launch is coming tomorrow, but details haven't been released yet. Falcon: Falcon Finance will partner with WorldLibertyFi and prepare a major announcement. DOGE: Rumors suggest the first Dogecoin ETF may launch in the US next week. S: 5.02% of the S token supply will be unlocked on September 9th. Macroeconomic Outlook: US CPI data will be released on September 11th

Even if BTC experiences a short-term rebound, it won't change the weekly downward trend. Starting this week, BTC is likely to continue its downward trend. Even if the Fed cuts interest rates on September 17th, it will only trigger a rebound and won't be able to halt the downward trend. Looking at the recent fund flows from ETF institutions: there's not much buying, and not much selling either. If ETF institutions experience a daily net outflow of over $1 billion, that might be the moment BTC truly bottoms out. Everything has its limits!

In LTF, we can see bulls building positions, while HTF sellers are gradually weakening, and the spot market has absorbed a lot of positions. I bought some spot recently because the possibility of a September interest rate cut has increased, and I'm afraid of missing out on the market. However, OI and funding rates haven't dropped significantly, so the risk of long leverage is high, so I'm not planning to participate at the moment.

#xdog So-called the leader of OK Chain, what happened? In the end, it's worse than a pile of shit? XDOG fans, charge in and pump the market! Push it up! Strive to become the first coin on OK Chain to break 100 million in market cap!

On Wednesday night, BTC encountered resistance around 112,500 and retreated, with most altcoins also adjusting accordingly. Thursday night saw a strong rebound in US stocks, but it's worth noting that there was a clear divergence between BTC and ETH, primarily driven by news. Today, Bitcoin rebounded to ~111,800, but Ethereum and most altcoins were relatively weak, indicating that altcoins are still following ETH's lead. This is because US regulations appear to have slowed the fundraising process for cryptocurrencies like BMNR, dampening market confidence in ETH. As a result, BTC.D has begun to rebound. If this rebound continues, the 59.9% level above is a key trading point and a suitable position for adding to long-term long positions. (I'm currently fully invested at a 0.7x long position.) Today's key focus is whether BTC can break back above 112. If it does, despite ETH's weakness, altcoins will also have some room to rebound. Conversely, if BTC rejects at 112, the already weak altcoins could experience another downturn (a Bitcoin rally without altcoins following is a red flag). We previously placed a long PUMP position around 0.34, and it has been the most impressive performer so far. Yesterday, many copycat long positions hit breakeven, but this morning, they have recovered from the lows. We will observe whether there will be a rebound. If 112 is rejected again, we will exit with breakeven.