8.01 All In Morning Report: The first day of August is so unfriendly to us, directly washing our face with a waterfall 😧. 1. $BTC dropped under the drive of stocks without financial reports, after all, only companies like Meta that published reports surged, holding up the Nasdaq index; 2. $ETH dropped not much, just near yesterday's early morning needle, with severe long and short divergence; 3. $SOL directly experienced a massive defeat, having retraced 16% from its high point, the largest retracement among the three giants; 4. Today's Fear and Greed Index dropped to 65, still in a "greedy state"; 5. Securities Times: Hong Kong's "Stablecoin Regulation" officially takes effect, with banks like BOC and Standard Chartered expected to be first to obtain stablecoin licenses; 6. US SEC announces the launch of "Project Crypto" program, covering tokenized support, coexistence of securities and non-securities trading; 7. Data: In the past 24 hours, network liquidations totaled $353 million, with long positions liquidated at $287 million and short positions at $65.7 million; longs suffered heavy losses; 8. Trump set tariff rates for multiple trade partners between 10% and 41%; 9. Company modifies SOL ETF filing to seek SEC approval; 10. Mill City completes $450 million financing, purchasing over 76 million SUI to launch on-chain asset reserves; 11. Riot Platforms announces Q2 net profit, but Bitcoin mining costs doubled year-on-year; 12. Coinbase releases Q2 financial report and plans to list tokenized stocks and prediction markets; 13. Trump: Powell not lowering interest rates is too stupid; --------- Severe long and short divergence now, it seems the era of aggressive short selling has come again, after all, rates have changed, feeling a bit over the top, fortunately I'm just watching the wind and clouds 😭. #Bitcoin #Ethereum #Solana #cryptocurrency