Last Night’s Crypto Highlights — Catch up fast

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1⃣ $BTC, $ETH, $SOL held steady over the weekend, all three retracing toward their 7-day EMA. Watch US stock market moves today!

2⃣ ~$3.9B worth of ETH is queued to exit Ethereum PoS; meanwhile, $1.16B ETH is waiting to stake. Be aware of potential sell pressure.

3⃣ $LINK surges to $26.5, hitting a new local high — driven by reserve fund narrative + on-chain inflows triggering FOMO.

4⃣ $OKB taps $132, circulating mcap ~$2.4B. After the tokenomics revamp and upgrades, X Layer activity spikes; memecoins are heating up.

5⃣ $SOLV & $BERA seeing momentum —
• $SOLV announced a new BTC yield model
• $BERA's high-yield strategy is gaining traction in the community.

6⃣ BTC dominance falls to 59.4%, while altcoin mcap is up 3.06% over the past week.

7⃣ Fear & Greed Index at 60 — market is still in Greed territory. Sentiment could ignite at any moment.

8⃣ FedWatch Tool: 84.6% chance of a 25bps rate cut in September.

9⃣ Base-chain DeFi infra project Definitive ($EDGE) has been rallying for 2 straight months, now with a mcap > $700M. Base narratives are rotating rapidly.

🔟 This Week's Macro Preview:

• FOMC minutes + Jobless claims due Thursday
• Powell speaks Friday at Jackson Hole

🔟1⃣ AI Summary of Market Trends

– BTC & ETH seeing tight whale-driven leverage battles; volatility increasing
– Macro pressure from recent PPI; short-term risks rising
– But long-term bull case intact
– Funds are rotating selectively, market is in cautious wait mode

Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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