🚨 Last Night's Crypto Market Recap — Quick Update! 👇
1⃣ Bitcoin ($ BTC), Ethereum ($ETH) and Solana ($ SOL) all saw slight increases. Market sentiment is generally stable, with a bit of FOMO starting to appear. Capital flows are showing signs of shifting to altcoins.
2⃣ $BARD officially listed on many major exchanges, Capital reached 990 million USD - lower than expected. On Binance Futures, the funding rate is at -0.11%, showing that many traders are leaning towards the Short side.
3⃣ $ASTER surpassed the $0.63 mark, leading the 7-day growth list. The project is XEM a strategic move by Binance in the on-chain Derivative sector. The FOMO sentiment is very strong, worth watching.
4⃣ $BNB broke through the $1,000 threshold but quickly corrected to $985. Except for a few meme Token , the BNB ecosystem is still quite weak. Token like $CAKE and $LISTA still have room to “catch up”.
5⃣ Think there's only $LINEA Airdrop? Not really. ConsenSys CEO revealed that MetaMask's Token could launch sooner than expected.
6⃣ $FTT spiked for a moment and then fell again. The impetus came from SBF suddenly following many new accounts on X, causing the community to speculate that his personal freedom might be loosened. Note: $FTT is now just a meme coin, so anyone who follows should pay attention to the movements of SBF's new account.
7⃣ Altseason may have truly begun. Some leading Token are breaking out strongly: gaming coin $ IMX, BTCFi's $BB, L1 Token $ AVAX, and even $DOT is showing signs of revival.
8⃣ Futures Contract $XPL continue to decline. The reason may come from Plasma announcing that it will TGE and launch mainnet on September 25.
9⃣ JPMorgan trading room predicts US stocks are preparing for “a strong rally”, with 2 important macro factors:
— 3/10: September Non-Farm Employment Report
— October 15: October CPI data
🔟1⃣ AI Market Analysis: Bullish sentiment still dominates. $ BTC, $ETH, $BNB and $SOL take turns leading. Large leveraged "boxing matches" from whales are making short-term fluctuations stronger. Expectations of interest rate cuts support the market, but important resistance levels are very close, posing the risk of overheating or sharp correction. Capital flows continue to rotate between major coins and trending altcoins.
