🔥 Bitcoin has opened up market momentum, but what’s really grabbing attention today may be ETH.
Over the past 24 hours, the pace of the crypto market has clearly accelerated.
After $BTC broke through $69K, it stayed strong, while $ETH’s performance was even more eye-catching—rising rapidly from around $1,900 and once reaching close to $2,250, with a single-day gain of nearly 18%.
Even more worth watching is that this time, it wasn’t just BTC moving on its own.
BTC → ETH → major coins, and capital appears to be starting to spread out.
This is a marked difference from the market structure in the recent period, when BTC moved and other coins just watched.
At the same time, large-scale short liquidations also became one of the key pushes behind this rally. In a short time, nearly $1.4 billion worth of short positions were liquidated, and rapid deleveraging further amplified price volatility.
So now the market has entered a more interesting phase:
The first wave is BTC breaking out. The second wave is ETH catching up. Next, we need to watch whether the rally can shift from a “short-squeeze” setup into a real spread of capital.
If more major assets begin to follow, the market structure could change again; If capital concentrates back into BTC, then the sustainability of this broad-based rally still needs to be observed.
📊 Next, I’m focusing on three signals:
🔹 Whether ETH can maintain relative strength versus BTC 🔹 Whether BTC can hold steady in its new price range after the breakout 🔹 Whether major assets like BNB continue to attract capital attention
The market has moved from “waiting for direction” to “watching where capital spreads.”
👇 Who do you think will be the next main character in the next phase today?
Blast to start! After months of silence, the crypto market is officially turning to attack
On the evening of August 20, the long-dormant crypto market saw a strong, across-the-board rebound. Major coins surged violently in unison, and market sentiment fully warmed back up.
Impressive market data: BTC sharply broke through $69,000, with a 24-hour gain of over 5.7%; ETH’s momentum was even stronger, breaking above $2,100, with a single-day rise as high as 8.8%. The total market cap across the whole market held steady above $2.4 trillion, and the overall recovery trend is clear.
This rebound isn’t a coincidence—four layers of positive catalysts from top traders, institutions, regulators, and high-level meetings have aligned.
Killa, a top trader who previously predicted this bear-market move with precision, offered his latest remarks: there’s no need to wait to the perfect bottom; excessive hesitation will only cause you to miss the rally. He remains bullish on BTC in the long run, targeting $150,000+, and also noted that this cycle may break the traditional four-year pattern.
Key technical signals are emerging: BTC’s 200-day moving average at $69,500 is the line between bull and bear. This rally precisely tested that level and then pulled back—typical of a probing breakout. Once it holds, the bull-market trend will be formally established.
On the institutional side, bullish voices have concentrated into a burst: Bitwise CIO noted that the market is re-pricing on-chain, yield-generating assets, and compliant capital is accelerating back into the space; the four major Wall Street asset managers collectively manage $20 trillion. As long as they allocate just 1%-2% to crypto assets, it could bring in incremental liquidity at the billion-level.
VanEck and Grayscale research reports also corroborate the bottoming signals: Multiple capitulation indicators have been triggered, and historical patterns point to 9–11 months as the trend turning point. This bear-market bottoming cycle may even occur earlier than in past cycles.
Regulatory conditions are also warming up. The SEC’s revised draft clearly outlines a compliant token financing framework, meaning the primary market, platforms, and on-chain ecosystems will welcome a new wave of capital inflows.
And tonight’s core spark for the market’s explosive surge: The White House is holding an emergency crypto high-level summit, led personally by Trump. They are summoning the heads of the SEC and CFTC, as well as top executives from major institutions including Coinbase, Ripple, Nasdaq, and the New York Stock Exchange, to attend—preheating for Thursday’s groundbreaking innovation meeting.
With policy tailwinds + institutional bullishness + technical trend reversal + mass short liquidations, multiple positives are stacking together. The long-silent crypto market has officially opened the counterattack window 🔥#btc #ETH
☀️In the afternoon, the market keeps rising and falling📊
There’s no such thing as a one-way market forever; volatility is the norm🌊. Don’t let the up-and-down moves in the trading session sway your emotions—keep to your own trading rhythm🕯️. Less impatience, more patience; opportunities often go to those who can stay calm and wait🌿. Stabilize your mindset and quietly wait for the stretch of market action that belongs to you✨
U.S. SEC Rolls Out a New Crypto Regulatory Framework Proposal
Is this the start of a real bull market driven by capital?
Or is it a typical leveraged liquidation rally?
Yesterday’s rally in BTC, ETH, and SOL was absolutely not simply because of the U.S. SEC’s crypto regulatory proposal: Last night, the U.S. SEC rolled out a new proposal for crypto regulation (Regulation Crypto Assets). “You violated the rules, I will punish you”; and now it has shifted to, “I’m telling you the rules—follow them as the rules develop.” The biggest factor is: extreme short positions + a market liquidity freeze point. Liquidation profits far exceed the cost of a pump! Favorable policy expectations + passive buying pressure from derivatives liquidations + a reversal in market sentiment Jointly promote Data shows that when BTC broke above around $69,000, within a short period there were short liquidations on the scale of over $1 billion. The shorts were forced to cover, becoming an important fuel for the rise.
Hold steady—this is the best mindset for adults. In good times, don’t get carried away; in hard times, don’t back down; in desperate times, don’t panic. Life always has ups and downs; life itself is impermanent. Calm your heart and hone your skills; keep your sincerity. Step by step, move forward steadily—time will give you the answer.
$ETH 🧧 Yesterday I finally ate 333 points at 17%. The first time I ate that much in one go. I originally thought that the program I worked so hard to write—was it really useless? After a small loss for four months, I stopped the bleeding and kept losing until I started to doubt life itself. But today, I finally ate it—333 points. Back then when I wrote the program, I was backtesting a whole year of performance. But that whole year was a bear market period after a high—declining and moving sideways. I don’t know whether the program would work in the late stage of a bear market when there’s no interest and the market is range-bound with low volume. I also can’t guarantee that I’ll always be in the market for every big wave. A few months ago, when it plunged from 2000 to 1503, I was shorting, and I stopped out quickly. Even if I had to endure losing 10-plus points, I still caught the big swing. But that’s just how it is—programs are static, and the market is alive. I can’t adjust parameters because of one failure—that would affect every future win and loss. So all I can do is wait in the market for my opportunity. I’m still firmly going for compounding at 2.5x. Preserve the principal first—then you’ll have the right to speak in the crypto world.
Persistence is the coolest thing in the world! Once you’ve made the right choice, stick with it to the end! Keep empowering Hawk, protect the environment, and spread the spirit of freedom—never stop!
#Hawk A once-in-a-decade chance to turn your fate, the eagle is about to soar straight into the sky—don’t hesitate. Let’s fight for freedom together! 🔥🔥
JPMorgan Conducts On-Site Research on Tesla: Two Core Narratives—Robotaxi and Optimus—Their Commercialization Path Is Gradually Becoming Clear.
The expansion of Tesla’s Robotaxi fleet will see a clear acceleration from late 2026 to early 2027, with the key trigger already identified: the in-year release of FSD v15. For Optimus, the Gen 3 design has been finalized, the supply chain is largely locked in, and after the start of mass production (SoP), the initial deployment target is to enter the “Optimus Academy” training phase in the second half of 2026, with external commercial sales achieved as early as the second half of 2027.
Tesla’s two core narratives—scaling up Robotaxi deployments and commercializing Optimus humanoid robots—are moving from concept to an execution path that can be quantified. JPMorgan recently carried out an on-site research visit at Tesla’s Fremont factory and held meetings with the company’s investor relations team. Overall, the analysts gave positive assessments of the advancement pace for the two business lines, believing that both are broadly aligned with the timeline previously disclosed by management.
According to a JPMorgan report, the key trigger for expanding the Robotaxi fleet has been clearly pinned to the in-year launch of FSD v15. Management said that technical validation work for a small-scale Cybercab test fleet is continuing, and about 40% of the core v15 technical modules have already been tested in the Robotaxi fleet, with initial feedback described as positive;
At the same time, the company intends to control the number of Model Y units converted to the Robotaxi fleet, indicating confidence in the near-term ability to deliver Cybercab at scale.
For Optimus, the Gen 3 design has been finalized, the supply chain is largely locked in, and production lines are being installed at the Fremont factory. After mass production starts (SoP), the initial deployment target is to enter the “Optimus Academy” training phase in the second half of 2026, with external commercial sales as early as the second half of 2027.
JPMorgan maintains a Neutral rating on Tesla with a target price of $445. At the time the report was published, the stock price was $339.30. The analysts’ view is that the expansion of the Robotaxi fleet will accelerate noticeably from late 2026 to early 2027; the Optimus commercialization path is clear, and an improving FSD penetration rate, together with a lineup of new vehicle models, will support a near-term rebound in demand.
Robotaxi scaling up: FSD v15 is the key switch
Optimus: Production line installation underway; commercialization path in three stages
FSD: From configuration options to the core driver of purchasing
Demand recovery coexists with pressure on gross margins
U.S. SEC Rolls Out a New Crypto Regulatory Framework Proposal
Is this the start of a real bull market driven by capital?
Or is it a typical leveraged liquidation rally?
Yesterday’s rally in BTC, ETH, and SOL was absolutely not simply because of the U.S. SEC’s crypto regulatory proposal: Last night, the U.S. SEC rolled out a new proposal for crypto regulation (Regulation Crypto Assets). “You violated the rules, I will punish you”; and now it has shifted to, “I’m telling you the rules—follow them as the rules develop.” The biggest factor is: extreme short positions + a market liquidity freeze point. Liquidation profits far exceed the cost of a pump! Favorable policy expectations + passive buying pressure from derivatives liquidations + a reversal in market sentiment Jointly promote Data shows that when BTC broke above around $69,000, within a short period there were short liquidations on the scale of over $1 billion. The shorts were forced to cover, becoming an important fuel for the rise.
🍵Within a cup of clear tea, let the strength of your heart settle☀️
When it comes to tea, it’s all about slow fire and gentle simmering☁️; when it comes to trading, what matters is staying calm and waiting patiently📈. Don’t chase the noisy bustle of restless times🌪️—hold on to your own rhythm🕊️. Settle your mind and let it deepen🌿, then wait patiently for your own moment⏳.
Good morning—may our hearts be calm🕊️, neither startled by gains or losses, and may everything be worth anticipating✨
May you have peace and well-being year after year, and may all affairs go smoothly with good fortune that naturally shines. May all troublesome worldly matters be made easy and everything difficult be dispelled. May you often meet refreshing scenes that add delight, and may you always carry warm sincerity with an open, upright heart. Slowly set out toward your original intention, seeking distant dreams; let the paths ahead be accompanied by chapters written along the way. May what you hope for all come true as you wished, and may every journey you take be straightforward and untroubled. May mornings and evenings be joyful, free from worldly disturbances, and may you enjoy peaceful bliss and blessed light every year.
Zhao Changpeng posted that Bitcoin has already been mined to over 20.07 million coins; only 4.4% remains to be mined. More importantly, about 10%~20% of Bitcoin is permanently lost. This is equivalent to a further shrinkage of the total amount that can actually be traded—while the long-term value logic of deflationary assets continues to intensify!!!#BTC走势分析
U.S. SEC Rolls Out a New Crypto Regulatory Framework Proposal
Is this the start of a real bull market driven by capital?
Or is it a typical leveraged liquidation rally?
Yesterday’s rally in BTC, ETH, and SOL was absolutely not simply because of the U.S. SEC’s crypto regulatory proposal: Last night, the U.S. SEC rolled out a new proposal for crypto regulation (Regulation Crypto Assets). “You violated the rules, I will punish you”; and now it has shifted to, “I’m telling you the rules—follow them as the rules develop.” The biggest factor is: extreme short positions + a market liquidity freeze point. Liquidation profits far exceed the cost of a pump! Favorable policy expectations + passive buying pressure from derivatives liquidations + a reversal in market sentiment Jointly promote Data shows that when BTC broke above around $69,000, within a short period there were short liquidations on the scale of over $1 billion. The shorts were forced to cover, becoming an important fuel for the rise.