Important events worth watching
1. Solana Conference Date: September 20
- Analysis: Solana's bat pattern analysis targets around $150, which may indicate a price increase.
2. Bitcoin's strong support level: $54,000, a level that effectively supported prices in July and helped Bitcoin reach $70,000.
Market signals: Greenleaf lending rates and long positions show that whales are laying out long orders.
Similar signals have appeared before two historical surges.
A large number of call options are bought, indicating optimistic market sentiment.
3. US government Bitcoin
- Bitcoin recovery: Bitcoin seized by the US government from theft may be returned rather than sold.
- Related events:
- The German government has completed the sale of Bitcoin.
- The inheritance distribution of Mt. Gox Bitcoin is basically completed.
- FTX's inheritance distribution may form a positive catalyst with the US presidential election in November (Trump won the election).
4. Whale layout
- Smart Money address:
- Shorted Bitcoin when LUNA/UST collapsed and made a profit of $5.16 million, and now has another ETH position.
- Recently bought 4,192 ETH at an average price of $2,490 on the chain, about $10.43 million, and pledged the tokens into Lido.
- This whale is good at bottom-fishing and has made a profit of $2.25 million by buying high and selling low in the past.
