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📖 Day 1 · Quiz (Single Choic
The crypto assets market has shown a relatively stable trend recently. Bitcoin (BTC) has been fluctuating around $110,000, while Ethereum (ETH) is consolidating at a high of $4,300. Mainstream crypto assets such as Solana (SOL), Dogecoin (DOGE), and XRP have also risen, but the performance of each coin still shows significant differences.
From a technical perspective, BTC needs to pay attention to the breakout situation in the range of $109,000 to $115,000, while ETH needs to maintain within the range of $4,250 to $4,450. The performance of these key price levels will have a significant impact on the short-term market trend.
It is worth noting that Bitcoin ETFs have recently experienced a net outflow of funds, while Ethereum ETFs have also seen a certain degree of pullback. This may suggest a subtle shift in institutional investor sentiment, which requires ongoing attention.
In terms of macroeconomics, the inflation data such as the Producer Price Index (PPI) and Consumer Price Index (CPI) that will be released this week will become the market focus. These data may influence the market's expectations for interest rate cuts by the Federal Reserve, thereby affecting the trend of risk assets.
In terms of cross-asset markets, OPEC+ increased production leading to a slight rise in oil prices, while the US dollar index and stock index futures showed a fluctuating trend, having a relatively neutral impact on the crypto assets market.
It is worth mentioning that September has traditionally been seen as a weak month for the Crypto Assets market. Investors should control leverage, treat funding rates with caution, and avoid blindly chasing pumps during false breakouts.
Looking ahead, the market outlook is neutral to slightly bullish in the short term, but volatility may increase. In the medium term, if inflation data does not show surprises and interest rate cut expectations persist, mainstream crypto assets are expected to continue leading the market. However, investors should remain vigilant about the seasonal pullback risk in September, ongoing fund outflows from ETFs, and potential market corrections triggered by unfavorable macro data.