4E: ETH rose over 20% in August, SOL may迎迎黄金交叉行情
ChainCatcher news, according to 4E observations, there are currently 92 registered or applied cryptocurrency ETP products in the U.S. market, indicating a continued exploration of crypto market tools by traditional finance. Meanwhile, on-chain data shows that the number of profitable Bitcoin wallets has surpassed 55 million, setting a new historical high, with an average holding period of 4.4 years.On the macro policy front, the U.S. Department of Commerce has for the first time put GDP data on-chain, covering nine mainstream public chains including Bitcoin, Ethereum, and Solana, and synchronously distributing it through Pyth and Chainlink oracles, marking further application of blockchain in official data transmission. Prices of U.S. short-term Treasury bonds are under pressure due to strong economic data, and market expectations for a Fed rate cut in September have become more divided.In terms of market trends, Solana has shown a golden cross pattern, with analysts pointing out that its trajectory may resemble that of 2021 and 2023, triggering the potential for over 10 times growth. At the same time, institutions like Galaxy Digital plan to raise $1 billion for a Solana fund, providing financial support for further price increases.Ethereum has risen 20.6% so far in August, and if it maintains this level, it will record its fourth positive return in August in history; in contrast, Bitcoin has fallen 4.58%, potentially recording a negative return in August for the fourth consecutive year. Analysts believe that funds are gradually shifting from BTC to ETH and high Beta altcoins, increasing the likelihood of entering an altcoin season.4E reminds investors: Institutional positioning and capital rotation have accelerated market rhythms, but short-term volatility risks still exist. Investors should pay attention to macro data and on-chain signals to reasonably manage their position rhythms.