MBA Mortgage Refinance Activity Index for the week ending August 22 in the United States

🔥 Fresh listings on Gate Alpha xStocks section: $GLDx Trade early. Earn Alpha Points. Stay ahead of the curve. Discover the next narrative now on Gate Alpha — Gate’s one-stop on-chain trading portal gate.com/alpha #Gate #GateAlpha #GLDx

After July 4th, xStocks volume fell by 93%, indicating a reliance on the holiday arrangements of traditional finance (TradFi). Although it can be accessed 24 hours a day, stock tokenization may still be closely related to the rhythm of Wall Street.

I have to say that the data for $ETH is really impressive. Yesterday, $BTC had a net inflow, and ETH also had a net inflow, with the amount of inflow being more than double that of BTC. So even when BTC is still hovering around $110,000, ETH has already returned to above $4,500. My attitude towards ETH is to first look at the Exchange Rate, and we can talk about other things when the Exchange Rate returns to around 0.065. Right now, it is 0.041. in the spot ETF of ETH

Recent dynamics in the Crypto Assets market have attracted attention, with Bitcoin and Ethereum showing signs of stabilization. To help investors seize market opportunities, we have conducted an in-depth analysis of the current situation and proposed corresponding trading strategy recommendations. In terms of Bitcoin, the market is currently showing a volatile trend. For bearish investors, it may be advisable to set sell points in the range of 112,000 to 114,500, with a profit target of 1,000 points. On the other hand, bullish investors should pay attention to buying opportunities between 107,200 and 108,600, and may even consider 105,200 as a potential bottom area. These buying positions could support larger position trading, but remember to set stop-loss orders to manage risk. The Ethereum market is also worth following. Due to the price gap around 4800, one should be particularly cautious when shorting. Consider looking for shorting opportunities between 4668 and 4720. On the long side, given the recent sharp decline, it is advisable to adopt a relatively conservative strategy. Attention can be given to the support level around 4410, or set a buying point at 4326. If you wish to bottom-fish, a price level around 4100 may be worth following. For Solana, the market is quite volatile, requiring more caution. The selling point can be considered between 195.17 and 199.78. For buying, aggressive traders may pay attention to around 188.34, but close attention must be paid to market changes. A more conservative strategy is to set a buying point at 185.74 and establish a top-up position near 181.34. Regardless of the strategy employed, risk management is crucial. We strongly recommend that all traders set stop-losses to prevent potential significant losses. Additionally, for high-risk trading points, it is advisable to use smaller positions and appropriately lower profit expectations. The crypto assets market is ever-changing, and the above analysis is for reference only. Investors should develop trading strategies that suit their own risk tolerance and investment objectives. Continuously follow market dynamics and adjust strategies in a timely manner to move steadily forward in this market full of opportunities and challenges.

While I was organizing the Alpha data today, I thought I was mistaken. Although I have been unwell recently and haven't updated the Alpha data daily, there have been no projects available for priority claiming since August 15. Everything is first come, first served, and there are only three working days left until the end of the month.