EIA Refined Oil Imports to the U.S. for the Week Ending August 22

Fed Chairman Powell's speech at the Jackson Hole meeting became a strong catalyst for the Crypto Assets market. His dovish stance sparked market expectations for Liquidity easing, which subsequently triggered a wave of rises in the Crypto Assets. Bitcoin rose by 3.15% in just one hour, breaking through the important threshold of $116,000. Meanwhile, other major Crypto Assets such as Ethereum also followed suit, and the entire market is showing a long-awaited strong upward trend. The core logic of the market reaction this time is based on expectations for future monetary policy easing. Powell mentioned economic risks in his speech, which led the market to generally believe that the Fed will start a rate-cutting cycle. Futures market data shows that the likelihood of a 25 basis point rate cut in September has already exceeded 70%. Rate cuts typically mean increased market liquidity, which is a positive signal for crypto assets that are viewed as high-risk. From a technical analysis perspective, Bitcoin breaking through the key resistance level of $116,000 is significant. This may indicate a strengthening of bullish sentiment in the market, potentially initiating a new upward trend. At the same time, Ethereum is supported by sustained accumulation from institutional investors, further boosting overall market sentiment. However, investors should remain cautious. Although Powell's remarks conveyed positive signals, the Fed's policy direction will still depend on future economic data, especially changes in inflation and employment data. Considering the inherent high volatility of the Crypto Assets market, if policy expectations change in the short term, coin prices may experience significant fluctuations. In the long run, a shift in Fed policy does indeed constitute a positive for the encryption market. A low interest rate environment typically benefits risk assets, and ample liquidity may attract more traditional funds into the encryption market. Coupled with increasing institutional acceptance and the potential launch of ETF products, the long-term outlook for the Crypto Assets market is worth noting. Overall, Powell's speech has opened up space for a rise in the crypto market, but investors need to closely monitor policy trends while seizing opportunities and managing risks.

Recent remarks by Fed Chairman Powell have sparked heated discussions in the market about a possible interest rate cut in September, and the probability of a cut has now fallen to 87%. However, this expectation is accompanied by concerns about potential downward risks facing the U.S. economy. Powell has repeatedly emphasized that the inflation situation is basically controllable. Although the impact of tariffs remains unclear, the downward trend in inflation is still observable. However, he pointed out that the biggest risk lies in the simultaneous weakening of the labor market while inflation is declining. It is worth noting that while the risk of declining inflation has weakened, the unemployment rate has risen by one percentage point, a situation that historically has only occurred during economic recessions. Powell also mentioned that although the labor market appears balanced, it is a "peculiar balance." There are abnormalities in the supply and demand of the job market, and the risks of employment downturn are rising. In addition, the slowdown in GDP growth in the first half of the year has raised concerns about potential problems in the U.S. economy. The market's judgment on the increased probability of a rate cut in September is largely based on the interpretation of these economic risks. However, this does not mean that economic risks will necessarily occur. The market may reinterpret Powell's speech, realizing that the current rate cut measures are actually intended to prevent a potential economic recession. Meanwhile, the Bitcoin market has also experienced some fluctuations. Recently, the price has been quite volatile, and the trading turnover has slightly increased, indicating that some investors show signs of exiting. However, overall, investor sentiment remains relatively stable, and the selling pressure on Bitcoin is not significant. Today's increase is reasonable, but the market still needs to pay attention to the reactions of American investors next Monday to further assess the market trend. This series of events highlights the subtle connection between the macroeconomic situation and the cryptocurrency market. As global economic uncertainty increases, investors need to assess the risks and opportunities of various assets more cautiously.

In the highly fluctuating Crypto Assets market, finding an investment opportunity that can ensure stability while also yielding considerable returns is often a challenge. However, an emerging financial model is attracting the attention of investors. This innovative model cleverly combines the robustness of traditional finance with the flexibility of the crypto market. It uses Franklin Templeton's tokenized money market fund as the underlying collateral, providing investors with a relatively safe investment foundation. This approach not only retains the market returns of the original fund but also increases additional yield potential through advanced trading strategies. Specifically, when investors deposit USDT, the platform will purchase the corresponding fund tokens. From that moment on, investors can not only obtain the basic returns of the fund itself but also gain additional returns through various trading strategies operated by the platform, such as funding rate arbitrage. This innovative financial model offers ordinary investors a new choice. It caters to conservative investors seeking stable returns while attracting adventurers eager for higher returns in the crypto market. With the continuous development of the crypto assets financial sector, we can expect to see more innovative products like this emerge. These emerging financial models not only enrich the choices for investors but also promote the advancement of the entire crypto assets financial ecosystem. However, investors should remain cautious when participating in any new financial products. Although this model appears promising, market risks always exist. It is advised that investors fully understand the product's operational mechanisms and potential risks before making decisions. Overall, this new model that combines the stability of traditional finance with the flexibility of the crypto market represents an important direction for innovation in crypto finance. It not only provides new opportunities for investors but also points the way for the future development of the entire industry.