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Run, train, earn: which GameFi projects to watch in 2024 According to the Messari report, in 2023, about 3.4 billion gamers brought the gaming industry $184 billion. The latter undergoes a paradigm shift once every 10 years, so the rise of the GameFi financial sector can be compared to

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Observing the latest daily chart, it can be seen that BTC is consolidating at a high level above $4700 after a surge. The current market focus is on the key support level of $4700. If the price can stabilize and oscillate within this range, it is very likely to break upwards again in the future; therefore, the overall trend still maintains a bullish view. From a technical perspective, around $4700 is an important support level. If BTC can stabilize at this position, it will lay the foundation for subsequent gains. Investors should closely monitor the performance in this price range, as it may become a key indicator for judging short-term trends. For trading strategies, it is recommended that investors consider establishing long positions when BTC pulls back to around $4700. If the market develops as expected, the next target range may be between $4800 and $4900. However, investors should also be wary of market risks and set reasonable stop-loss levels to protect their capital. It is worth noting that the cryptocurrency market is highly volatile, and investors should conduct thorough research and risk assessment before making any decisions. At the same time, it is important to pay attention to changes in the macroeconomic environment and regulatory policies, as these factors can significantly impact the BTC price.

The recent dynamics of the crypto assets market have been frequent, attracting widespread attention from investors. BlackRock's Bitcoin Spot ETF (IBIT) has surpassed the $52 billion mark in asset size, indicating that institutional investors' interest in Bitcoin is growing day by day. Meanwhile, the Ethereum ETF attracted a net inflow of $1.54 billion in just two days, and market analysts predict that the price of Ethereum may hit $6,000 by the end of August. However, historical data shows that August is usually a poor-performing month for Bitcoin, with a decline probability of up to 67%. Nevertheless, Wall Street seems to show little concern for this historical trend. This anomaly has sparked various speculations in the market: does it represent the last entry opportunity for retail investors, or is it a carefully designed liquidity trap by institutional investors? Currently, the market is divided on the future trends of Bitcoin and Ethereum. Some investors are more optimistic about the long-term value of Bitcoin, while others are betting on the technological innovations and application prospects of Ethereum. In addition, discussions about whether the United States will officially announce holding Bitcoin reserves have also attracted widespread attention, which could have a profound impact on the entire crypto assets market. In this uncertain market environment, investors need to stay vigilant and closely follow market trends and regulatory policy changes. Whether choosing Bitcoin, Ethereum, or other crypto assets, decisions should be based on in-depth research and personal risk tolerance.

Federal Reserve Chairman Powell delivered a striking speech at the Jackson Hole annual meeting, suggesting potential adjustments to monetary policy in the future. Market expectations for a rate cut in September quickly rose to nearly 90%. Against this backdrop, the upcoming release of the July Personal Consumption Expenditures (PCE) price index data has become a key basis for the Federal Reserve's decision-making. The latest data shows that the U.S. PCE price index rose by 2.6% year-on-year in July, with the core index rising by 2.9%. Although these figures are still above the Federal Reserve's 2% inflation target, Powell specifically mentioned that there may be a greater focus on employment market risks, as U.S. job growth is currently slowing. For the cryptocurrency market, the impact of this PCE data may be bidirectional: If the data exceeds expectations, the likelihood of the Federal Reserve lowering interest rates in September will decrease. This could lead to funds flowing from the cryptocurrency market to traditional safe assets, and the prices of major cryptocurrencies such as Bitcoin and Ethereum may experience significant declines. Market panic sentiment may intensify, the financing environment may become more challenging, and many cryptocurrency projects may face severe challenges. On the contrary, if the data falls below expectations, the likelihood of a rate cut in September will significantly increase. This could lead to an increase in market liquidity, prompting funds to flow into the cryptocurrency market and driving up the prices of various digital assets. However, this situation could also give rise to a market bubble, and if subsequent market sentiment suddenly shifts, many investors may face the risk of being trapped. Currently, cryptocurrency investors are closely monitoring this key data. Some investors have begun to adjust their portfolios, while more are choosing to adopt a wait-and-see attitude. As the date for the data release approaches, the market atmosphere is becoming increasingly tense, and various rumors and speculations can easily trigger market fluctuations. Regardless of the outcome, investors should remain vigilant, carefully assess potential risks, and be prepared for various possibilities. It is especially important to stay calm and rational during this uncertain period.