The AI sector is getting another boost. OpenAI will release a new AI model in the next two weeks. It is expected that $FET, $RENDER and $ARKM will see a wave of increases.
In addition, PUMPFUN under SOL may restrict the use of US users and even face SEC prosecution, which is bearish for many local dog projects on the Solana chain. However, the situation may not change much before the conference on the 20th.
Currently, the issuance of USDT is rising, and hot money in the currency circle is on the sidelines. Previously, the market value of USDT was $100 billion and the price of Bitcoin was $74,000. Now the market value has risen to $120 billion. Bitcoin has the potential to break new highs at the end of the year. The rainbow chart shows that it is currently at the bottom of the big cycle, and the remaining weeks of September may be the final wash phase.