Yilihua: Unless Major Issues Arise in US Stocks, the Future Remains a Bullish Market with Upward Trading Opportunities

According to ChainCatcher, Liquid Capital founder Yili Hua posted on X, stating: "August is typically a slow trading season due to the US financial holiday, and historically, crypto performance has also been lackluster. With Fed Chair Powell's hawkish speech approaching and the US stock market declining, ETH has already performed exceptionally well, providing everyone with the best timing and range for bottom-fishing. As the 25-basis-point rate cut in September draws nearer, unless there is a major issue in the US stock market, the overall trend remains bullish, presenting upward trading opportunities."

He added, "On the macro level, the main focus should be on US stock market risks, crypto policies, Trump vs. the Federal Reserve, and stablecoins. Within the industry, attention should be paid to the next ETF, DeFi legislation, and token-equity projects, among others."