$BTC Golden August, the turning point has arrived; institutions are all buying chips, don’t panic

Crypto Insider 8/27

I. Economic data analysis:

(1) On August 27, according to CME’s “Fed Watch” data, the probability of the Fed cutting interest rates by 25 basis points in September is 71.5%, and the probability of cutting interest rates by 50 basis points is 28.5%.

(2) Bitcoin spot ETF has continued to have net inflows for 8 consecutive days, with a net inflow of 203 million

(3) Geopolitics: US officials said that the Gaza ceasefire negotiations have made progress, but there is still work to be done on the “final details”.

(4) Preview: This Friday at 20:30, the annual and monthly rates of the US core PCE price index in July, and the monthly rate of personal expenditure

II. On-chain data and market sentiment:

(1) Market sentiment 48 (down 7 from yesterday) Entering a stable range

(2) Mining data analysis: 705.6eh/s, handling fee 4.53 btc gas: 3sat S19 shutdown coin price: 54664-56513U

(3) August 30th options 3.872 billion The biggest pain point is 61000U

Recent potential negatives

1. Mentougou follow-up compensation

2. Geopolitics: Middle East

3. The first interest rate cut in September

Recent potential positives

1. After the adjustment period of ETH spot ETF, it enters a rising cycle. Pay attention to the first net inflow opportunity

2. September interest rate cut positive expectations

3. September non-agricultural and CPI data

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does not constitute any investment advice!

Investment is risky, enter the market with caution!