Wake up from a nap: $BTC has already climbed back above the 80K level—tell me, is that crazy or what? The other day, the Fed just raised rates, so risk assets should, in theory, be kneeling. But then the CFTC side released an unexpected piece of news, and it directly pulled the coin price back to 80K. This market isn’t short of money—it’s short on certainty.
Now look at $INJ : 21Shares has submitted a revised application for an Injective ETF. They’re aiming to list it on Nasdaq, and it would also allow staking of holdings to earn yield. The alt-season isn’t here yet, but the ETF narrative is quietly laying the groundwork. This is a one worth putting on the watchlist.
On the macro front, things are even more chaotic: Trump signed a bill imposing sanctions on Russia and Iran—countries buying Russian oil could get hit with tariffs. Meanwhile, in the Iran war, the Pentagon itself admitted it burned up more than $45 billion. And Saudi Arabia also told European refiners they won’t be getting crude oil next month. Oil prices have basically shot to the moon—August gasoline year-over-year is up 27%, and inflation simply can’t be kept under control.
With rate hikes happening while the war rages on, fiat purchasing power gets ground down like this. In chaotic times, $BTC oddly starts to look like it’s being forced into the role of a safe-haven asset. This plot… I feel like I’ve seen it somewhere before.
For today’s Asia session, I’m only watching one thing: whether 80K can hold. If it can hold, then this rebound has real confidence behind it. If it can’t hold, we’re still just treating it as a rebound.
NFA DYOR
#BTC #比特币 #加密货币 #宏观分析 #Web3
Now look at $INJ : 21Shares has submitted a revised application for an Injective ETF. They’re aiming to list it on Nasdaq, and it would also allow staking of holdings to earn yield. The alt-season isn’t here yet, but the ETF narrative is quietly laying the groundwork. This is a one worth putting on the watchlist.
On the macro front, things are even more chaotic: Trump signed a bill imposing sanctions on Russia and Iran—countries buying Russian oil could get hit with tariffs. Meanwhile, in the Iran war, the Pentagon itself admitted it burned up more than $45 billion. And Saudi Arabia also told European refiners they won’t be getting crude oil next month. Oil prices have basically shot to the moon—August gasoline year-over-year is up 27%, and inflation simply can’t be kept under control.
With rate hikes happening while the war rages on, fiat purchasing power gets ground down like this. In chaotic times, $BTC oddly starts to look like it’s being forced into the role of a safe-haven asset. This plot… I feel like I’ve seen it somewhere before.
For today’s Asia session, I’m only watching one thing: whether 80K can hold. If it can hold, then this rebound has real confidence behind it. If it can’t hold, we’re still just treating it as a rebound.
NFA DYOR
#BTC #比特币 #加密货币 #宏观分析 #Web3