According to Odaily Planet Daily, Trump's second son Eric Trump posted on the X platform: Once again, buy BTC and ETH on dips.

Odaily Planet Daily reported that well-known trader Eugene Ng Ah Sio posted on his personal TG channel that he has gone long on ETH again. The bullish sentiment in August was prematurely pursued by the market, but $113,000 BTC and $3,500 ETH are still reasonable positions for opening positions, with stop losses set at $112,000 and below $3,400.

While the hype surrounding Data Availability Technology (DAT) may be fading, there remains substantial structural buying in the market, so it's not advisable to turn bearish too quickly. Many people are bouncing back and forth between "the bull market is back" and "it's all over," failing to realize that the market isn't binary.

According to Odaily Planet Daily, Arthur Hayes responded to recent profit-taking on the X platform, stating that the US tariff bill will expire in the third quarter...at least that's what the market believes after the release of the non-farm payroll data. Currently, major economies are not creating credit quickly enough to boost nominal GDP. Therefore, Bitcoin will test $100,000, and Ethereum will test $3,000. For more information, please attend my keynote at WebX Asia in Tokyo on August 25th. I'm going to relax.

Earlier news, Arthur Hayes sold 2,373 ETH (US$8.32 million), 7.76 million ENA (US$4.62 million) and 38.86 billion PEPE (US$414,700) early this morning.

Odaily Planet Daily News: Nasdaq-listed company ATA Creativity Global (Nasdaq: AACG) announced that it has signed an agreement with Baby BTC Strategic Capital, led by the Babylon Foundation as an LP. The latter will acquire a controlling stake in ATA for a total of US$100 million, including US$30 million in new shares and US$70 million in warrants, and restructure the board of directors.

ATA will transform into the world's first listed platform focused on the BTCFi ecosystem, collaborating closely with the Babylon project (currently 45,000 BTC staked). The company will also acquire a large number of Baby tokens, targeting Baby's over $100 million circulating market capitalization, to establish a dual-track model of "BTCFi infrastructure + Baby token reserves," bridging the gap between crypto and traditional financial compliance.