ETH keeps probing the bottom

9.25 Market Hotspots:

  1. BTC hit around 114k and quickly rebounded. The early morning rebound is partially related to Besent’s interest rate cut statement, and the overall situation is in a local oscillation process;

Eth continues to explore the bottom, and the purchasing power of the institution has reached a bottleneck period. The next step is to see if the integer threshold around 4000 can provide support;

  1. The US Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) will jointly hold a roundtable meeting next Monday to discuss financial regulatory issues, including cryptocurrency;
  2. The US court rejected Sun Yuchen’s request to prevent Bloomberg from disclosing its over $30e cryptocurrency asset portfolio;

SOL Strategies, a wealth management company, announced the launch of a private equity financing of up to CAD 25000;

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