#打榜优质内容# The market is currently highly focused on Fed Chair Powell's speech at the Jackson Hole Central Bank Annual Meeting (August 21-23). The tone being "hawkish" or "dovish" will significantly affect market sentiment. Any hints regarding interest rate policy or inflation outlook could trigger significant fluctuations.

The current market liquidity is thin, which means that relatively small buy and sell orders may cause significant price fluctuations, increasing risks. It is necessary to closely follow the inflow/outflow of funds in the US spot Bitcoin and Ethereum ETFs.
Recent data shows that there is capital outflow, which, if it continues, may put pressure on prices.
At the same time, geopolitical risks will also suppress investors' risk appetite, limiting the demand for speculative assets such as Bitcoin. The cryptocurrency market is in a period of volatile digestion following significant macro events. The market is waiting for clearer guidance, with an overall cautious sentiment.
Short-term: It is expected that Bitcoin and Ethereum will continue to fluctuate between key technical levels, with volatility remaining at a high level. Traders should strictly control their positions and risks.
Medium-term: It remains to be seen whether the bullish framework has been damaged. $112,000 (BTC) and $4,150 (ETH) are key support levels; if they hold, the market still has the foundation for a potential upward momentum. Conversely, if they break and are accompanied by a large amount of liquidations, the risk of a deep correction increases.
Not investment advice!!!!!!!!