7*24

Hot topic

Market

Activities

On August 21, 21Shares posted on platform X that the Bitcoin seller exhaustion indicator is currently around 0.007, placing it in the lowest 0.3% range of all readings since 2010. Historically, this indicator has only reached such low levels 11 times, and in all previous cases, prices increased one year later, with a median increase of 155%. The institution noted that this does not necessarily indicate a bottom, as past cases have indeed shown some short-term declines before ultimately turning around.

[21Shares: Bitcoin Seller Exhaustion Indicator Drops to Lowest Level Since 2010]On August 21, 21Shares posted on platform X that the Bitcoin seller exhaustion indicator is currently around 0.007, placing it in the lowest 0.3% range of all readings since 2010. Historically, this indicator has only reached such low levels 11 times, and in all previous cases, prices increased one year later, with a median increase of 155%. The institution noted that this does not necessarily indicate a bottom, as past cases have indeed shown some short-term declines before ultimately turning around.

21Shares: Bitcoin Seller Exhaustion Indicator Drops to Lowest Level Since 2010

On August 21, 21Shares posted on platform X that the Bitcoin seller exhaustion indicator is currently around 0.007, placing it in the lowest 0.3% range of all readings since 2010. Historically, this indicator has only reached such low levels 11 times, and in all previous cases, prices increased one year later, with a median increase of 155%. The institution noted that this does not necessarily indicate a bottom, as past instances have indeed shown some short-term declines before ultimately turning around.

[21Shares: Bitcoin Seller Exhaustion Indicator Drops to Lowest Level Since 2010]On August 21, 21Shares posted on platform X that the Bitcoin seller exhaustion indicator is currently around 0.007, placing it in the lowest 0.3% range of all readings since 2010. Historically, this indicator has only reached such low levels 11 times, and in all previous cases, prices increased one year later, with a median increase of 155%. The institution noted that this does not necessarily indicate a bottom, as past instances have indeed shown some short-term declines before ultimately turning around.

On August 21, 21Shares stated that the selling pressure in the Bitcoin market may be nearing exhaustion. Data shows that the Bitcoin Seller Exhaustion Constant is currently around 0.007, which is in the lowest 0.3% range of all readings since 2010. 21Shares noted that this is the 11th time in Bitcoin's history that such a low reading has occurred, and in the previous 10 instances, BTC's performance one year later was above the levels at that time, with a median increase of 155%. However, 21Shares emphasized that this indicator does not mean Bitcoin has confirmed a bottom. Historical data indicates that after the seller exhaustion signal appears, Bitcoin may still continue to decline in the short term before completing a trend reversal.

[Analysis: Bitcoin Selling Pressure May Be Near Exhaustion, Historical Signals Show Average Increase of 155% After One Year]On August 21, 21Shares stated that the selling pressure in the Bitcoin market may be nearing exhaustion. Data shows that the Bitcoin Seller Exhaustion Constant is currently around 0.007, which is in the lowest 0.3% range of all readings since 2010. 21Shares noted that this is the 11th time in Bitcoin's history that such a low reading has occurred, and in the previous 10 instances, BTC's performance one year later was above the levels at that time, with a median increase of 155%. However, 21Shares emphasized that this indicator does not mean Bitcoin has confirmed a bottom. Historical data indicates that after the seller exhaustion signal appears, Bitcoin may still continue to decline in the short term before completing a trend reversal.

Analysis: Bitcoin Selling Pressure May Be Near Exhaustion, Historical Signals Show Average Increase of 155% After One Year

On August 21, 21Shares stated that the selling pressure in the Bitcoin market may be nearing exhaustion. Data shows that the Bitcoin Seller Exhaustion Constant is currently around 0.007, which is in the lowest 0.3% range of all readings since 2010. 21Shares noted that this is the 11th time in Bitcoin's history that such a low reading has occurred, and in the previous 10 instances, BTC's performance one year later was above the level at that time, with a median increase of 155%. However, 21Shares emphasized that this indicator does not mean that Bitcoin has confirmed a bottom. Historical data shows that after the seller exhaustion signal appears, Bitcoin may still continue to decline in the short term before completing a trend reversal.

[Analysis: Bitcoin Selling Pressure May Be Near Exhaustion, Average Increase of 155% Following Similar Historical Signals]On August 21, 21Shares stated that the selling pressure in the Bitcoin market may be nearing exhaustion. Data shows that the Bitcoin Seller Exhaustion Constant is currently around 0.007, which is in the lowest 0.3% range of all readings since 2010. 21Shares noted that this is the 11th time in Bitcoin's history that such a low reading has occurred, and in the previous 10 instances, BTC's performance one year later was above the level at that time, with a median increase of 155%. However, 21Shares emphasized that this indicator does not mean that Bitcoin has confirmed a bottom. Historical data shows that after the seller exhaustion signal appears, Bitcoin may still continue to decline in the short term before completing a trend reversal.

Analysis: Bitcoin Selling Pressure May Be Near Exhaustion, Average Increase of 155% Following Similar Historical Signals

On August 21, market analysts noted that legendary investor Stanley Druckenmiller's recent significant allocation to the S&P 500 Equal Weight ETF (RSP) may indicate that the breadth of the U.S. stock market is expanding. Druckenmiller has previously increased his stake in RSP to become one of the key positions in his portfolio. Unlike the traditional market-cap weighted S&P 500 index, RSP is essentially an equal allocation of S&P 500 constituents, thus showing a significantly lower dependency on mega-cap tech stocks like Nvidia and Microsoft. This allocation strategy suggests that Druckenmiller may believe there is still room for growth in U.S. stocks, but the forces driving the market higher will shift from the 'Seven Giants + AI' to a broader range of industries. Recently, RSP has continued to strengthen and reached new highs, which the market views as a signal of improving market breadth. His recent holdings include sectors such as housing, mortgages, small-cap stocks, automotive, aviation, industrials, materials, and overseas cyclical assets. If long-term interest rates continue to decline and financial conditions further ease, market funds may shift from the previously crowded AI leaders to interest-sensitive and cyclical sectors like Homebuilders, Mortgages, Small Caps, Regional Banks, Industrials, Materials, and Autos. This indicates that the next phase for U.S. stocks may see a significant style shift: while QQQ and AI leaders may still rise, their gains may not continue to lead, and the 'old economy' and interest-sensitive assets that have underperformed in recent years could gain more resilience.

[Druckenmiller's Heavy Investment in RSP Signals Broader Market Leadership Shift in U.S. Stocks]On August 21, market analysts noted that legendary investor Stanley Druckenmiller's recent significant allocation to the S&P 500 Equal Weight ETF (RSP) may indicate that the breadth of the U.S. stock market is expanding. Druckenmiller has previously increased his stake in RSP to become one of the key positions in his portfolio. Unlike the traditional market-cap weighted S&P 500 index, RSP is essentially an equal allocation of S&P 500 constituents, thus showing a significantly lower dependency on mega-cap tech stocks like Nvidia and Microsoft. This allocation strategy suggests that Druckenmiller may believe there is still room for growth in U.S. stocks, but the forces driving the market higher will shift from the 'Seven Giants + AI' to a broader range of industries. Recently, RSP has continued to strengthen and reached new highs, which the market views as a signal of improving market breadth. His recent holdings include sectors such as housing, mortgages, small-cap stocks, automotive, aviation, industrials, materials, and overseas cyclical assets. If long-term interest rates continue to decline and financial conditions further ease, market funds may shift from the previously crowded AI leaders to interest-sensitive and cyclical sectors like Homebuilders, Mortgages, Small Caps, Regional Banks, Industrials, Materials, and Autos. This indicates that the next phase for U.S. stocks may see a significant style shift: while QQQ and AI leaders may still rise, their gains may not continue to lead, and the 'old economy' and interest-sensitive assets that have underperformed in recent years could gain more resilience.

Druckenmiller's Heavy Investment in RSP Signals Broader Market Leadership Shift in U.S. Stocks

On August 21, market analysts noted that legendary investor Stanley Druckenmiller has recently made significant investments in the S&P 500 Equal Weight ETF (RSP), potentially betting that the market breadth of the US stock bull market is expanding. Druckenmiller has previously increased his stake in RSP to one of the key positions in his portfolio. Unlike the traditional S&P 500 index, which is weighted by market capitalization, RSP allocates its holdings more evenly across the S&P 500 constituents, thereby significantly reducing reliance on mega-cap tech stocks like Nvidia and Microsoft. This allocation strategy suggests that Druckenmiller may believe there is still room for growth in US stocks, but the forces driving the market upward will shift from the 'seven giants + AI' to a broader range of industries. Recently, RSP has continued to strengthen and reach new highs, which is seen by the market as a signal of improving market breadth. His recent holdings include sectors such as housing, mortgages, small-cap stocks, automotive, aviation, industrials, materials, and overseas cyclical assets. If long-term interest rates continue to decline and financial conditions further ease, market funds may shift from the previously crowded AI leaders to interest rate-sensitive and cyclical sectors like homebuilders, mortgages, small caps, regional banks, industrials, materials, and autos. This indicates that the next phase of US stocks may see a significant style shift: while QQQ and AI leaders may still rise, their gains may not continue to lead, and the 'old economy' and interest rate-sensitive assets that have underperformed in recent years could gain more resilience.

[Druckenmiller's Heavy Investment in RSP Signals Shift in US Stock Leadership from AI Giants to Broader Sectors]On August 21, market analysts noted that legendary investor Stanley Druckenmiller has recently made significant investments in the S&P 500 Equal Weight ETF (RSP), potentially betting that the market breadth of the US stock bull market is expanding. Druckenmiller has previously increased his stake in RSP to one of the key positions in his portfolio. Unlike the traditional S&P 500 index, which is weighted by market capitalization, RSP allocates its holdings more evenly across the S&P 500 constituents, thereby significantly reducing reliance on mega-cap tech stocks like Nvidia and Microsoft. This allocation strategy suggests that Druckenmiller may believe there is still room for growth in US stocks, but the forces driving the market upward will shift from the 'seven giants + AI' to a broader range of industries. Recently, RSP has continued to strengthen and reach new highs, which is seen by the market as a signal of improving market breadth. His recent holdings include sectors such as housing, mortgages, small-cap stocks, automotive, aviation, industrials, materials, and overseas cyclical assets. If long-term interest rates continue to decline and financial conditions further ease, market funds may shift from the previously crowded AI leaders to interest rate-sensitive and cyclical sectors like homebuilders, mortgages, small caps, regional banks, industrials, materials, and autos. This indicates that the next phase of US stocks may see a significant style shift: while QQQ and AI leaders may still rise, their gains may not continue to lead, and the 'old economy' and interest rate-sensitive assets that have underperformed in recent years could gain more resilience.

Druckenmiller's Heavy Investment in RSP Signals Shift in US Stock Leadership from AI Giants to Broader Sectors

On August 21, recent U.S. Treasury bonds faced severe sell-offs, with long-term yields rising to their highest levels since 2007. However, Federal Reserve officials have downplayed market concerns about 'policy credibility being damaged.' San Francisco Fed President Mary Daly and St. Louis Fed President James Bullard both believe that the rise in long-term U.S. Treasury yields is more attributed to government financing needs and funding demands from AI infrastructure development, rather than uncontrolled inflation expectations. Nonetheless, the two have significant disagreements regarding September's monetary policy. Daly argues that recent inflation, retail sales, and employment data have alleviated the necessity for further tightening, stating that current policy is in a 'good state' and lacks sufficient preemptive basis for either rate hikes or cuts. Bullard, on the other hand, adopts a more hawkish stance, indicating that the core inflation rate remains at a relatively high level of 2.5% to 3%, suggesting that current policy may be close to neutral or even accommodative, and revealing his preference for a rate hike during the July meeting. Currently, market expectations for a rate hike in September have significantly cooled, with the probability dropping from over 70% at the end of July to about 30%. Notably, neither of them has voting rights on the FOMC this year, and during the July meeting, three officials opposed maintaining the interest rate, indicating that internal policy discrepancies within the Fed have yet to be resolved.

[Fed Officials Downplay U.S. Debt Sell-off Risks, but September Policy Discrepancies Remain]On August 21, recent U.S. Treasury bonds faced severe sell-offs, with long-term yields rising to their highest levels since 2007. However, Federal Reserve officials have downplayed market concerns about 'policy credibility being damaged.' San Francisco Fed President Mary Daly and St. Louis Fed President James Bullard both believe that the rise in long-term U.S. Treasury yields is more attributed to government financing needs and funding demands from AI infrastructure development, rather than uncontrolled inflation expectations. Nonetheless, the two have significant disagreements regarding September's monetary policy. Daly argues that recent inflation, retail sales, and employment data have alleviated the necessity for further tightening, stating that current policy is in a 'good state' and lacks sufficient preemptive basis for either rate hikes or cuts. Bullard, on the other hand, adopts a more hawkish stance, indicating that the core inflation rate remains at a relatively high level of 2.5% to 3%, suggesting that current policy may be close to neutral or even accommodative, and revealing his preference for a rate hike during the July meeting. Currently, market expectations for a rate hike in September have significantly cooled, with the probability dropping from over 70% at the end of July to about 30%. Notably, neither of them has voting rights on the FOMC this year, and during the July meeting, three officials opposed maintaining the interest rate, indicating that internal policy discrepancies within the Fed have yet to be resolved.

Fed Officials Downplay U.S. Debt Sell-off Risks, but September Policy Discrepancies Remain

On August 21, recent U.S. Treasury bonds experienced a severe sell-off, with long-term yields rising to their highest level since 2007. However, Federal Reserve officials have downplayed market concerns regarding a potential "damage to policy credibility." San Francisco Fed President Mary Daly and St. Louis Fed President James Bullard both believe that the rise in long-term Treasury yields is primarily driven by government financing needs and funding demands from AI infrastructure development, rather than runaway inflation expectations. Nonetheless, there are significant differences in their assessments of September's monetary policy. Daly argues that recent inflation, retail sales, and employment data have alleviated the necessity for further tightening, stating that current policy is in a "good place" and lacks sufficient preemptive justification for either rate hikes or cuts. In contrast, Bullard takes a more hawkish stance, indicating that the core inflation rate remains at a relatively high level of 2.5% to 3%, suggesting that current policy may be close to neutral or even accommodative, and revealing his preference for a rate hike during the July meeting. Currently, market expectations for a rate hike in September have significantly cooled, with the probability dropping from over 70% at the end of July to about 30%. It is noteworthy that neither official has voting rights on the FOMC this year, and during the July meeting, three officials opposed maintaining the current interest rate, indicating that policy disagreements within the Fed are still unresolved.

[Fed Officials Downplay U.S. Debt Sell-off Risks, but September Policy Discrepancies Remain]On August 21, recent U.S. Treasury bonds experienced a severe sell-off, with long-term yields rising to their highest level since 2007. However, Federal Reserve officials have downplayed market concerns regarding a potential "damage to policy credibility." San Francisco Fed President Mary Daly and St. Louis Fed President James Bullard both believe that the rise in long-term Treasury yields is primarily driven by government financing needs and funding demands from AI infrastructure development, rather than runaway inflation expectations. Nonetheless, there are significant differences in their assessments of September's monetary policy. Daly argues that recent inflation, retail sales, and employment data have alleviated the necessity for further tightening, stating that current policy is in a "good place" and lacks sufficient preemptive justification for either rate hikes or cuts. In contrast, Bullard takes a more hawkish stance, indicating that the core inflation rate remains at a relatively high level of 2.5% to 3%, suggesting that current policy may be close to neutral or even accommodative, and revealing his preference for a rate hike during the July meeting. Currently, market expectations for a rate hike in September have significantly cooled, with the probability dropping from over 70% at the end of July to about 30%. It is noteworthy that neither official has voting rights on the FOMC this year, and during the July meeting, three officials opposed maintaining the current interest rate, indicating that policy disagreements within the Fed are still unresolved.

Market data shows that BTC has surpassed $74,000, currently priced at $74,039.58, with a 24-hour increase of 6.67%. The market is experiencing significant volatility, so please ensure proper risk management.

[BTC Surpasses $74,000]Market data shows that BTC has surpassed $74,000, currently priced at $74,039.58, with a 24-hour increase of 6.67%. The market is experiencing significant volatility, so please ensure proper risk management.

BTC Surpasses $74,000

市场消息：三星将于周五召开董事会，公布回报股东计划。

市场消息：三星将于周五召开董事会，公布回报股东计划。

Disclaimer：The content above does not represent HTX's positions.，HTX does not provide any trading recommendations.。

All Comments0LatestHot

Trending Topics