Jin10 data reported on September 5th that Francesco Pesole, a forex analyst at ING, pointed out that the latest survey of European Central Bank forecasters shows that market expectations have clearly shifted towards a hawkish stance. However, for the euro against the dollar, the trend still almost entirely depends on Fed policy and U.S. data. We expect this currency pair to rebound above 1.1700. In the coming days, any developments in French political dynamics and the situation in Ukraine will remain another important factor affecting the euro. The market anticipates that the French parliament will pass a no-confidence motion against Prime Minister Borne on Monday. A realistic scenario thereafter is that President Macron will appoint a new centrist or center-right prime minister to push for a weakened fiscal consolidation plan. Throughout this process, political uncertainty will remain high, but we are uncertain if this will be sufficient to trigger uncontrollable fluctuations in French bonds, thereby exerting significant pressure on the euro—given the outcome of the no-confidence motion.

Jin10 data reported on September 3rd that the liquidity gap in September is attracting significant market attention. On one hand, the scale of maturities in the open market has increased substantially at the beginning of September; on the other hand, it is disturbed by factors such as the maturity of medium- and long-term funds and accelerated credit issuance. Experts believe that the Central Bank is expected to make a strong push at the beginning of September to maintain ample liquidity, and the central rate of funds is expected to be lower than the policy rate.

Jin10 data September 2 report: Due to market expectations that Germany's investment plans and the potential increase in defense spending by Eurozone countries will raise debt levels, Eurozone ultra-long-term government bonds also face selling pressure. The yield on Germany's 30-year government bonds rose to 3.41%, the highest in 14 years; the yield on France's 30-year government bonds increased to the highest level in over 16 years; the yield on the UK's 30-year government bonds reached a new high since 1998; Spain's 30-year government bond yield briefly hit 4.297%, the highest since November 2023; Italy's 30-year government bond yield rose to 4.661%, the highest since April.

On August 29, the overall DeFi market maintained high volatility, with the total Lock-up Position (TVL) of the entire network around $155.593 billion, a slight fall of 0.01% in 24 hours, indicating a cautious inflow of funds. The DEX 24-hour volume reported $15.842 billion, with Solana DEX's trading volume exceeding Ethereum for the second consecutive day, breaking the $5 billion mark in a single day. On the protocol side, Ethena's 24-hour fees reached $18.24 million, far exceeding other projects, showing that its ecological demand remains strong. However, the sentiment in the Token market has clearly declined, with mainstream DeFi tokens such as UNI, AAVE, and CRV generally falling, putting short-term risk appetite under pressure.

Jin10 data, August 29 - Institutional analyst Robert Howard stated that as long as the EUR/CHF remains above 0.92, the Swiss Central Bank seems likely to maintain its policy interest rate at zero in September and December. Swiss Central Bank Vice President Martin indicated this week that the threshold for the Central Bank to push rates back into negative territory will be higher compared to previously lowering rates from positive values. Martin also pointed out that the recent weakening of the dollar against the Swiss franc is unlikely to have a significant impact on Swiss inflation (the USD/CHF fell to a 10-year low in early July). Swiss inflation data for August will be released next Thursday (September 4), three weeks before the Swiss Central Bank's next interest rate decision. The Swiss CPI rose slightly year-on-year to 0.2% in July, up from 0.1% in June and -0.1% in May. The EUR/CHF has not touched the 0.92 level downwards since January 2015, with the last time it approached this key support level being in April.

BlockBeats news, on August 29, according to monitoring by Lookonchain, Whale address 0x0895 placed a limit order on Hyperliquid, expecting to open a short position on XPL at 2 to 3 dollars, with a total value of the limit order position of 3.11 million dollars. It is waiting for other whales to push up the price, then to short for profit.

On August 29, Jin10 reported that, as part of CEO Elliott Hill's push for business restructuring and a return to a rise, Nike (NKE.N) plans to conduct a new round of layoffs. This round of layoffs will affect less than 1% of Nike's headquarters staff, and the specific number is currently unclear. Nike's Europe, Middle East, and Africa (EMEA) operations and Converse division will not be affected. In February of this year, Nike announced a 2% workforce reduction, which amounted to over 1500 employees.

Jin10 data reported on August 26th that U.S. President Trump signed an executive order to dismiss Federal Reserve Board of Governors member Cook, causing the dollar to fall due to further sustained pressure on the independence of the Fed. In the forex market, non-dollar currencies surged against the dollar, and at the same time, gold prices soared. Trump is doing everything he can to push the Fed to cut interest rates. If he successfully fires Cook, he will try to replace Cook with a "yes man" who will obey Trump's commands. If Trump's move is indeed successful, it would also allow the governors nominated by Trump to hold a majority position on the Federal Reserve Board.

Odaily News Pudgy Penguins CEO Luca Netz stated that he hopes to push the company to go public within the next two years, or he will be "disappointed in himself." The NFT project has expanded into toys, games, and retail, with expected revenue of $50 million this year, and has launched a Solana-based token PENGU. Pudgy is working with Financial Institutions to explore ETFs.

BlockBeats news, on August 21, Fed meeting minutes: some participants indicated that waiting for the full impact of tariffs on inflation to become clear before adjusting monetary policy is neither feasible nor appropriate. Most officials believe that the Fed's policy is in a favorable position. Participants also pointed out that more time is needed to better understand the magnitude and persistence of the impact of high tariffs on inflation. The Fed staff lowered the inflation expectations from the June meeting; however, they still expect tariffs to push prices higher. (Jin10)

BlockBeats news, on August 20, Cryptoquant released a market analysis indicating that the buying of Strategy does not always reach the bottom phase and push up the BTC price. It generally buys through OTC Trading and settles in batches on-chain. Sometimes this practice aligns with market momentum and boosts market sentiment, but the market depth far exceeds any single transaction. The best way to interpret the buying behavior of Strategy is to view its purchases as a demand background and then confirm through ETF flow, Spot CVD, and the Coinbase premium on US trading platforms.

On August 16, Jin10 reported that Danish Prime Minister Frederiksen, who holds the rotating presidency of the EU, sharply criticized Israeli Prime Minister Netanyahu, stating that he has become a "problem" himself, and indicated that Denmark would push the EU to exert greater pressure on Israel. Frederiksen said, "We want to increase the pressure on Israel, but this position has not yet received widespread support from other EU member states." She mentioned that the pressure measures being considered by the Danish government include sanctions against the Israeli government, officials, and Jewish settlers in the West Bank. Since late July, France, the UK, Canada, and Australia have announced plans to recognize the State of Palestine at or before the 80th United Nations General Assembly scheduled for September, further isolating Israel internationally.

Jin10 data reported on August 14, the Shanghai Composite Index broke through 3700 points and hit a new high in four and a half years, and the pullback came as expected. Most individual stocks fell while few rose, high-position stocks experienced a pullback across the board, and heavyweight stocks made a strong push to stabilize the market. In this regard, Li Daxiao believes that one should not be scared by the short-term pullback, as it is not the peak of this round of pump. He also reminded that the current valuation of core assets still has attractiveness, but the peaks of micro-cap stocks and some overvalued individual stocks may have already arrived.

On August 13, Jin10 reported that European leaders urged U.S. President Trump to push for a ceasefire with Russian President Putin during their meeting on Friday and to arrange a meeting with Ukrainian President Zelensky. French President Macron told reporters after a call with Trump and other European leaders that any decision regarding territorial concessions must be made by Ukraine. Macron stated, "Trump has made it very clear that the U.S. hopes to achieve a ceasefire at this meeting in Alaska, and there are currently no serious territorial exchange plans on the table." German Chancellor Merz reiterated that Ukraine must be involved in any related decisions. Merz said, "We have made it clear that as long as there are follow-up meetings, Ukraine will be at the negotiating table. Trump wants to prioritize the ceasefire."

Golden Finance reports that the US federal debt has reached a record $37 trillion, and the continuously rising deficit and potential Money Supply growth may support Bitcoin prices to rise to $132,000 by the end of the year. Analysts say that the ever-expanding deficit may ultimately prompt more accommodative monetary policy, including quantitative easing.

Odaily News James Wynn stated on the X platform that the real altcoin market will begin after Bitcoin rises to the range of 140,000 to 150,000 USD. Currently, most alts are in an overbought state, with ETH's short-term target price set at 3,700 to 3,900 USD. The BTC long positions may lag by several days to weeks, but once it breaks through, funds will flow back into Bitcoin and push alts to rise.

Odaily News On August 7, Bitcoin dipped to $111,643 but quickly rebounded to $117,000, reaching the key breakout level retest target mentioned in previous reports, reigniting trading interest. The current market faces challenges such as volatility compression, seasonal weakness, and insufficient macro drivers. Trump's recent push for 401(k) investments in encryption and increased attention on gold may bring about a change in sentiment. The number of active Ethereum addresses has reached a new high, with prices rising, but it relies more on narrative-driven factors. Both are at critical technical junctures, and may face either a higher trade volumes breakout or a rapid pullback.

Jin10 data reported on August 5th that UBS strategists stated in a report that the bank is buying 10-year U.S. Treasuries/German Bunds, betting that economic stagnation will push down U.S. Treasury yields. When UBS entered, the spread between 10-year U.S. Treasuries and 10-year German Bunds was 157 basis points, with a target of reducing it to 135 basis points. UBS also expects the growth gap between the U.S. and the Eurozone to narrow. They stated: "The threshold for the European Central Bank to cut interest rates in September seems very high, which may also help the trade."

Tom Lee, chairman of the Ethereum treasury company, stated that despite the market rebound, investors still do not believe in the authenticity of the market trends; however, this has actually promoted the pump of encryption assets. He believes that the current market rebound is underestimated and predicts that the Fed's interest rate cuts could push Bitcoin to $250,000. At the same time, Lee pointed out that the legal clarity and technical stability of Ethereum will drive its application in TradFi.

According to BlockBeats news on August 1, Chainlink announced the launch of Chainlink State Pricing—a new pricing method optimized specifically for long-tail encryption assets and tokenized assets traded on decentralized exchanges (DEX). This method aims to provide optimized price accuracy, market elasticity, and liquidity assessment capabilities for assets with limited volume on centralized exchanges (CEX), but significant liquidity on-chain. Currently, Chainlink State Pricing has been launched on the Mainnet, and users can access push-based Oracle Machine data through Chainlink Data Feeds or through Chainlink Data.

The Bitcoin Financial Service company Fold has partnered with payment technology company Blackhawk to promote its Bitcoin gift cards to major digital retailers, with plans to launch offline retail points this year, aiming to seize the opportunity in the encryption gift card market and capture the increasing acceptance of Bitcoin in the United States.

Jin10 data reported on July 31, the World Gold Council stated that, driven by the dual attraction of rising gold prices and the safe-haven attributes of gold, both bar and coin investors are getting on board. This zone has also performed excellently for two consecutive quarters, helping to push bar and coin investment in the first half of 2025 to the highest level since 2013.

The market expects the Fed to keep interest rates unchanged, and PCE data may influence the direction of rate cuts by the end of the year. A more moderate PCE policy and Crypto Assets policy framework could push Bitcoin back up to $120,000. If interest rates remain unchanged, traders will pay attention to the trends from the September meeting.

Jin10 data reported on July 23, Goldman Sachs' Chief U.S. Economist David Mericle expects that the base "equivalent" tariff rate in the U.S. will be raised from 10% to 15%, with tariffs on copper and key minerals reaching 50%—this move could exacerbate inflationary pressures and suppress economic growth. To reflect the new tariff assumptions and incorporate the initial observations of the impact of import tariffs, Goldman Sachs has simultaneously adjusted its forecasts for U.S. inflation and GDP growth. Goldman Sachs has lowered its core inflation forecast for 2025 from 3.4% to 3.3%, raised its forecast for 2026 from 2.6% to 2.7%, and raised its forecast for 2027 from 2.0% to 2.4%. Mericle stated that the tariffs are expected to cumulatively push up core prices by 1.7% over the next 2-3 years. He added that the tariffs will reduce this year's GDP growth rate by 1 percentage point, by 0.4 percentage points in 2026, and by 0.3 percentage points in 2027.

A report from research firm Cooper Research indicates that as investors flock to Bitcoin ETFs, the price of Bitcoin is expected to rise. Data shows that for every increase of 10,000 BTC in ETF holdings, the price rises by an average of 1.8%. Analysts believe that Bitcoin will gradually rise significantly, potentially reaching $140,000 in September, and rising to $150,000 as early as the beginning of October.

According to a report from Jinse Finance, the Kobeissi Letter has released its latest analysis indicating that ETH/USD may soon reach $4,000. As the largest altcoin by market capitalization, ETH is punishing short positions at an unprecedented rate, and the market is witnessing one of the largest short squeezes in crypto assets history. Data analysis suggests that if Ethereum rises another 10%, an additional $1 billion in short positions will be liquidated.

Golden Finance reports that The Federal Reserve Board of Governors member Waller stated: the risks of rising inflation are limited, and the impact of tariffs is expected to gradually fade next year. Tariffs will push up inflation in the short term; without the impact of tariffs, inflation would be close to the Fed's 2% target. Delaying interest rate cuts may increase the risk of taking more aggressive measures in the future.

Odaily News James Wynn posted on the X platform that Bitcoin may hit a short-term high in July, with a target price of $145,000, followed by a rapid drop to $110,000. He believes that a massive altcoin market will emerge in the next 1-2 months, with FOMO sentiment set to explode. In the fourth quarter, there may be a push due to interest rate cuts, boldly speculating that Bitcoin could surge again to the $160,000 to $240,000 range.

Talavera from the Oxford Economic Institute pointed out that Trump may raise tariffs on EU goods from 10% to 30%, which will put the Eurozone at risk of recession, with a projected collective growth rate decline of 0.3 percentage points over the next two years, and the economy may stagnate.

With the upcoming Crypto Week and the anticipated push from significant encryption legislation, Bitcoin once broke through $120,000, setting a new historical high. Driven by Trump's new tariffs, ETF inflows, and significant Coin Hoarding by institutions, the market sentiment for Bitcoin is soaring. Meanwhile, mainstream crypto assets such as Ethereum, Cardano, and XRP have also followed with a pump.

Ethereum has successfully broken through $3,000 recently, attracting market attention once again. According to Technical Analyst Merlijn's analysis, the next target price after the breakout could reach $3,834, based on the bull run flag breakout and the previous falling wedge reversal pattern. At the same time, the strong interest from institutional investors, especially the inflow of funds into the Spot Ethereum ETF, provides support for the price rise. According to on-chain data, about 80% of Ethereum has entered a profit state, indicating optimistic market sentiment, which may reduce selling pressure and push prices to continue rising. It is expected that Ethereum will continue to maintain strength in the coming time, moving towards higher price targets.

Bitcoin (BTC) broke through the $119,000 mark, driving the entire crypto market's market capitalization to a record $3.8 trillion. This historic breakthrough prompted a rapid rise in various crypto assets, including altcoins such as Stellar (XLM), Mog Coin (MOG), Story (IP), and Hedera (HBAR). However, with the U.S. about to release inflation data, the earnings season officially kicking off, and Congress preparing for a legislative activity dubbed "Crypto Week", this bull run may continue to make a strong push or encounter some fluctuations. This article will explore four major catalysts that could impact Bitcoin and alts this week.

Since Bitcoin (BTC) price broke through the $108,500 range, it has started a new pump trend. BTC is currently up over 3% and showing positive momentum at the $110,000 level. If the Bitcoin price breaks through the $112,500 resistance level, it may continue to rise, targeting the $115,000 level. If it rises further, BTC may test the $116,000 resistance range. The ultimate main target could reach $118,000.

The latest market data from Gate shows that TRUMP is currently priced at $9.194, with a 24-hour increase of 7.15%, maintaining a local support level at $8.30. The key Fibonacci resistance level is at $10.12, with stronger pressure between $13.06 and $14.35. The MACD indicator is showing initial weak golden cross signals, but confirmation from trading volume is needed. Meme coin short-term traders should be cautious: if it falls below $8.30, it will trigger technical sell-offs; conversely, breaking through $8.80 may lead to a short position liquidation wave. The CEX liquidity heat map shows a large accumulation of short position stop loss sell orders in the $8.80-$9.00 range. If long positions can push the price above this area, it may trigger a chain liquidation that drives a short squeeze.

Latest market data shows that the open interest of XRP futures contracts has surged to its highest level since January this year, reaching an astonishing 800 million XRP before stabilizing at 743 million XRP. Compared to the low point on June 22, this key indicator has skyrocketed by 33% in a short period, clearly indicating a significant increase in confidence among derivatives traders regarding XRP's future, with bullish bets notably rising. The explosive growth of XRP futures open contracts, combined with strong market expectations for the approval of the ProShares XRP ETF, constitutes a powerful catalyst for a bull run. Once the expectations come true, the influx of massive capital is likely to push XRP's price to new heights, signaling a potential significant value reassessment for XRP in both the crypto assets derivatives market and the spot market. The market is holding its breath for the SEC's final ruling, which could become the key trigger for igniting XRP's bull market.

The price of DOGE follows the steps of Bitcoin and Ethereum, successfully rebounding from the support area of 0.1650 USD. DOGE/USD strongly breaks through the two key resistance levels of 0.1665 USD and 0.1680 USD. Long positions further make a strong push, pushing the price above 0.170 USD, and touching the 50% Fibonacci retracement level of the downward wave from the high of 0.1722 USD to the low of 0.1657 USD. The key bottom support is at 0.1610 USD. If the DOGE price falls below the 0.1610 USD support, it may accelerate the downward movement, possibly testing the 0.1550 USD or even 0.1520 USD area in the short term.

In the crypto assets market, after XRP price successfully held above $2.2620, it initiated a new round of pump, outperforming Bitcoin (BTC) and Ethereum (ETH). The price successfully broke through the key $2.280 resistance level, showing positive signals. If it can clearly break through the $2.330 resistance, the price may further test the $2.350 resistance level. Continuous rise may push the price to challenge $2.40 and even reach $2.420 in the short term. For long positions, the next major target is around the $2.50 area, which will be an important crypto assets price target.

As the cryptocurrency market begins to circulate expectations of a new round of "alts season", Ethereum (ETH) shows strong recovery signals against Bitcoin (BTC). Technical analysts point out that the ETH/BTC exchange rate chart is forming a key bullish pattern. Ethereum's potential strong performance also boosts the sentiment of the entire altcoin market. Currently, the total market capitalization of alts, excluding Bitcoin, is testing a critical historical rising trend support line. If historical patterns repeat, a successful breakout of the current resistance level is expected to push the total market capitalization of alts towards the $2 trillion mark. However, if there is resistance at this key level and a pullback occurs, it may indicate that the market needs to undergo one last pullback before initiating a sustained rise.

Bitcoin (BTC) is attempting to turn two key resistance levels into support after setting a historical highest weekly closing price, laying the groundwork for a new high. Some analysts believe that the crypto assets market may be in a "calm before the storm" phase. Prominent analyst Rekt Capital emphasizes that the goal is to convert this resistance into support, which would push BTC towards new all-time highs (ATH). He noted: "Given that the price barely closed above the final weekly resistance level, this leaves very little chance for the price to cleanly pull back and confirm that level as support; in other words, this pullback process is likely to be highly volatile."

After successfully breaking through the key resistance level of $2,520, the Ethereum price has started a new round of pump, becoming a bullish signal for ETH. Currently, the price is undergoing a technical pullback, and after gaining momentum, it is expected to challenge the area above $2,580 again. In addition, a decisive breakthrough of the $2,600 resistance may push the price up to the $2,650 resistance level.

On July 7, Jin10 data reported that according to TrendForce's investigation, the three major DRAM manufacturers are shifting their production capacity towards high-end products and have gradually announced that DDR4 for PC/Server and LPDDR4X for Mobile are entering the end of their product lifecycle (EOL). This has triggered the market to actively stock up on older generation products, coupled with the traditional peak season stocking momentum, which will push the price of conventional DRAM up by 10% to 15% in the third quarter of 2025. If HBM is included, the overall rise in DRAM prices will increase by 15% to 20% quarter-over-quarter. Currently, DDR4 is prioritized to meet Server demand, leading to limited supply for Consumer applications. Additionally, the scale of Consumer orders is relatively small, leaving buyers with little bargaining power. It is expected that the price of Consumer DDR4 will increase by 40% to 45% quarter-over-quarter in the third quarter.

Today (7th) in the Asian early session, the price of Pi Network (PI) remains weak below 0.50 USD, currently reported at 0.46 USD. Due to continuous pressure from sellers, it has fallen below the downward resistance zone. Multiple indicators currently suggest that unless long positions hold the psychological barrier of 0.44 USD, the bearish pattern will continue.

Jin10 data, July 4th - On Friday, when asked about the possibility of normalizing relations with Israel, the Saudi Foreign Minister stated that Saudi Arabia's current top priority is to push for a permanent ceasefire in Gaza. In 2024, the Saudi Foreign Minister stated that normalization of relations with Israel is impossible without resolving the Palestinian issue. He said: "What we see is that the Israelis are destroying Gaza, destroying the civilians in Gaza. This is completely unnecessary, completely unacceptable, and must stop."

On the stage of U.S. economic policy, a silent battle over the authority of monetary policy formulation is quietly unfolding. The U.S. Treasury Department's strategy of increasing short-term bond issuance is substantially undermining the independence of the Federal Reserve (FED), and the authority of monetary policy may effectively shift to the Treasury Department. This week, U.S. Treasury Secretary Yellen made it clear that she prefers to rely more on short-term debt financing, a stance that contrasts with her previous criticisms of her predecessor's excessive reliance on short-term government bonds. This strategy is essentially equivalent to a fiscal version of quantitative easing. Not only will this stimulate the prices of risk assets further away from their long-term fair values and structurally push up inflation levels, it will also severely limit the Federal Reserve's ability to independently formulate anti-inflation monetary policy, creating a pattern of fiscal dominance.

On July 4, Jin10 reported that President Trump met with the Saudi Defense Minister at the White House on Thursday, where they discussed the situation in Iran and other regional issues. This meeting took place before Netanyahu's meeting with Trump at the White House next Monday. The Trump administration hopes to push for a historic peace protocol between Saudi Arabia and Israel in the coming months. After meeting with President Trump, the Saudi Defense Minister communicated with the Chairman of the Iranian General Staff via telephone.

On July 4, Jin10 reported that Gene Goldman, Chief Investment Officer of Cetera Investment Management, commented on the passage of the "Big and Beautiful" bill: the bill provides clear benefits for businesses and households, which often support corporate profits and stock prices. We will ignore the fact that the Congressional Budget Office estimates the bill will increase debt by about $3 to $3.4 trillion over the next decade. (The bill) may require a larger government debt issuance, which has already triggered caution in the bond market, evidenced by the rise in bond yields. Furthermore, these higher deficits may push up inflation expectations. From the perspective of the stock industry, cyclical sectors are expected to benefit, particularly energy companies (removal of green energy subsidies), industrial companies (increased infrastructure spending), the financial sector (reduced uncertainty, general deregulation, and a steepening yield curve), and the consumer goods sector (tax cuts).