【Midday In-Depth | Three Main Themes Under Pressure in Risk Assets】
Macro pressure persists: the ECB hiked by 25 bps to 2.5%, the US August PPI came in above expectations, and the 2-year US Treasury yield rose to 4.58% (a new high since 2024). Market pricing for a September Fed hike climbed to 70%. The Middle East situation pushed Brent crude above $107, clearly suppressing risk appetite; $BTC remains under high pressure in the near term.
However, the structural storylines are still unfolding:
① The AI compute narrative erupts: $ORCL saw more than $30 billion in incremental AI cloud contracts in a single quarter, with an RPO of $66.4 billion. The Q2 cloud revenue guidance is up 65–71%. AI compute remains the strongest industrial logic, and the encrypted AI segment could move in tandem;
② Staked ETF institutionalization: the Canary Staked TRX ETF ($TRX ) officially listed on the CBOE, accelerating the adoption of PoS assets by traditional finance;
③ A meme warning tale: the Hunter Biden concept coin “LAPTOP,” launched with a $300 billion FDV, crashed 99.9% within 12 hours, falling below $1. Sentiment trading is still a wealth “meat grinder.”
Strategy: during the high-rate pressure period, control position sizes. Focus on themes with real cash-flow support and incremental institutional backing, and stay away from purely emotion-driven assets.
NFA | DYOR
#比特币 #加密货币 #AI算力 #ETF #In-Depth Analysis
Macro pressure persists: the ECB hiked by 25 bps to 2.5%, the US August PPI came in above expectations, and the 2-year US Treasury yield rose to 4.58% (a new high since 2024). Market pricing for a September Fed hike climbed to 70%. The Middle East situation pushed Brent crude above $107, clearly suppressing risk appetite; $BTC remains under high pressure in the near term.
However, the structural storylines are still unfolding:
① The AI compute narrative erupts: $ORCL saw more than $30 billion in incremental AI cloud contracts in a single quarter, with an RPO of $66.4 billion. The Q2 cloud revenue guidance is up 65–71%. AI compute remains the strongest industrial logic, and the encrypted AI segment could move in tandem;
② Staked ETF institutionalization: the Canary Staked TRX ETF ($TRX ) officially listed on the CBOE, accelerating the adoption of PoS assets by traditional finance;
③ A meme warning tale: the Hunter Biden concept coin “LAPTOP,” launched with a $300 billion FDV, crashed 99.9% within 12 hours, falling below $1. Sentiment trading is still a wealth “meat grinder.”
Strategy: during the high-rate pressure period, control position sizes. Focus on themes with real cash-flow support and incremental institutional backing, and stay away from purely emotion-driven assets.
NFA | DYOR
#比特币 #加密货币 #AI算力 #ETF #In-Depth Analysis