U.S. 6-month Treasury bill auction bidding multiple as of August 11

$SHRUB continues to have increased volumes and bullish divergence in spite of its price action. This accumulation is interesting. Watching for a break of the downtrend.

#SHRUB# S Display B what does it mean

#SHRUB#up

Observing the latest daily chart, it can be seen that BTC is consolidating at a high level above $4700 after a surge. The current market focus is on the key support level of $4700. If the price can stabilize and oscillate within this range, it is very likely to break upwards again in the future; therefore, the overall trend still maintains a bullish view. From a technical perspective, around $4700 is an important support level. If BTC can stabilize at this position, it will lay the foundation for subsequent gains. Investors should closely monitor the performance in this price range, as it may become a key indicator for judging short-term trends. For trading strategies, it is recommended that investors consider establishing long positions when BTC pulls back to around $4700. If the market develops as expected, the next target range may be between $4800 and $4900. However, investors should also be wary of market risks and set reasonable stop-loss levels to protect their capital. It is worth noting that the cryptocurrency market is highly volatile, and investors should conduct thorough research and risk assessment before making any decisions. At the same time, it is important to pay attention to changes in the macroeconomic environment and regulatory policies, as these factors can significantly impact the BTC price.

The recent dynamics of the crypto assets market have been frequent, attracting widespread attention from investors. BlackRock's Bitcoin Spot ETF (IBIT) has surpassed the $52 billion mark in asset size, indicating that institutional investors' interest in Bitcoin is growing day by day. Meanwhile, the Ethereum ETF attracted a net inflow of $1.54 billion in just two days, and market analysts predict that the price of Ethereum may hit $6,000 by the end of August. However, historical data shows that August is usually a poor-performing month for Bitcoin, with a decline probability of up to 67%. Nevertheless, Wall Street seems to show little concern for this historical trend. This anomaly has sparked various speculations in the market: does it represent the last entry opportunity for retail investors, or is it a carefully designed liquidity trap by institutional investors? Currently, the market is divided on the future trends of Bitcoin and Ethereum. Some investors are more optimistic about the long-term value of Bitcoin, while others are betting on the technological innovations and application prospects of Ethereum. In addition, discussions about whether the United States will officially announce holding Bitcoin reserves have also attracted widespread attention, which could have a profound impact on the entire crypto assets market. In this uncertain market environment, investors need to stay vigilant and closely follow market trends and regulatory policy changes. Whether choosing Bitcoin, Ethereum, or other crypto assets, decisions should be based on in-depth research and personal risk tolerance.