🚨 A collection of last night's Crypto breaking point information!
1⃣ #MYX 3 days 10 times triggered a short squeeze, but plummeted in the early hours of this morning, down more than 50% from the high. Note that today's total supply of 3.9% of tokens is unlocked monthly.
2⃣ Chain games #ILV rose by more than 90% in 3 days, and the prices of many game projects such as #DARK, #MAGIC, and #B3 rose sharply, but there was no news of related events.
3⃣ #LTC hit a recent high after soaring 40% in a single month, and today with the market pullback, its news driven or US companies initiating LTC reserves.
4⃣TON is funny. VERB, a US company, announced a $558 million private placement to acquire 5% of TON's circulation, and the company changed its name to TON Strategy.
5⃣ U.S. crypto concept stocks continue to pull back. COIN/CRCL fell more than 6%, but #ETH reserve concept stocks rose sharply, and BMNR\SBET rose more than 5%.
6⃣ Good for ETH and LRT tracks? U.S. SEC: Liquid staking activities are not considered securities. Practitioners believe that this may boost the staking business in ETH spot ETFs.
7⃣ The interest rate cut deal is really coming. Expectations of a rate cut in September soared, and senior Fed officials released a blockbuster signal: the number of interest rate cuts during the year may exceed expectations, and the window for interest rate cuts is about to open.
8⃣Matrixport: Altcoins may be difficult to sustain this round of gains, and the market heat remains to be seen. So far, there have been only two short rounds of rebounds, and they are concentrated in a few projects, and the overall market lacks continuity.
9⃣ Don't find coins to issue coins? James from the UK denied giving up on searching for the lost 8,000 BTC, instead deciding to tokenise part of his BTC ownership and "ask for money" from the market.
🔟 AI market analysis: BTC/ETH shows a volatile pattern, the market is divided between long and short, the key support of BTC at 112,000 points is concerned, there is a risk of pull-up overdraft and pullback in the short term, the overall wait-and-see sentiment is strong, the performance of mainstream altcoins is differentiated, and local explosions and short-term shorts coexist.
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