According to Odaily Planet Daily, Liquid Capital founder Yi Lihua posted on the X platform: "August has always been a slow trading season due to the US financial holiday, and cryptocurrencies have historically performed poorly. Coupled with the upcoming speech by Jay Powell and the decline in US stocks, ETH has performed very well, providing the best time and area for bottom fishing. The September 25 basis point interest rate cut is getting closer. Unless there are major problems in the US stock market, there will be bullish trading opportunities in the future."

Macroeconomic focus: US stock market risks, crypto policy, Trump vs. the Federal Reserve, and stablecoins; industry focus: the next ETF, DeFi bill, cryptocurrency and stock projects, etc.