Orange Evening Interpretation 9.4 It's the annual 94th anniversary again, and in the blink of an eye, it's been 8 years since the seven departments stopped the ICO policy in 2017. Nowadays, few communities are still reminiscing about the past, because at that time, those who continued to choose to persist in the cryptocurrency market were basically free, and most people were also cleared out of the cryptocurrency market by this official suspension So were the project parties. At that time, the domestic coin issuing projects were basically dismissed, including Du Jun's domain chain, which is still active in the currency market. At that time, those who invested in this project were also cut down. Many project parties had opened a clearing and returning channel, but they were not forced to return. For example, the clearing and returning price of vet was the price of ico. But one month later, the coin rose by 40x, and those who did not return still enjoyed the bonus of the 2017 bull market. The most powerful project parties were Sun Ge and cz, who totally ignored the domestic policy and resolutely refused to return. At that time, there was a policy that domestic CEX could no longer provide legal currency services, nor could it serve Chichi. Nese, this is also the background of Huobi and ok coming out of the sea, but Yuan'an did not do any operation at all, and then became the place of the universe. Before the return of cloud coin, Huobi OK, bitfinex and even bitrex are all in front of the coin security. It can only be said that cz is really tough, rich and dangerous, and Sun's trx is also the same. Now these two brothers have become the two most influential Chinese in the currency market. In addition, neo qtum ont Braised pork belly is also a symbolic retreat, but these have risen dozens of times, and few people have returned. However, it seems that the current prices of these projects have completely failed to return to the prices of 94 when they were returned. They also represent the situation of CEX's old shanzhai. With the time going on, shanzhai/btc The exchange rate has been declining all the way, and unless there is another knockoff season like 2021, it is difficult for this trend to reverse. The reason why the community is so quiet this round is because we have not yet waited for the real knockoff season, and this old currency is no longer in line with the current market rhythm. Now let's take a look at aave link, which has been active for seven or eight years, and their trend has already shown the trend of knockoff season. That's why I have been urging everyone to adjust their positions in a timely manner. Last night, the United States released the July JOLTS job vacancy data, which exceeded expectations and fell to a near 10 month low, indicating that there is a problem in the job market. Now the market speculates that tomorrow's non farm payroll data will also be lower than expected, so the expectation of a rate cut has increased significantly. CME predicts that the probability of a 25% rate cut in September has exceeded 97%. Several Federal Reserve officials mentioned the September rate cut yesterday, and Milan should also be able to make it to the September FOMC meeting. This wave should not be unexpected. The US stock market also went up. Trump's bitcoin miner also went public last night, doubled when it came out, and finally closed up 16%. Maybe Trump showed up again, and the market confidence returned. However, Trump's concept coins in the currency market are very popular, Today, wlfi has fallen below 0.18, alts' market value is only 460 million, and then it can't be pulled. It seems that the Trump family is not worried about short-term control. We have been prepared for dwf market making in the currency market. Today, Sun also rushed his wlfi to htx, and launched a 20% annual activity to deposit money. However, the chain shows that wlfi on HTX has been transferring money to bince again. Is this because Sun has started to ruin the market while taking advantage of the activity? In short, wlfi is now performing very well. It should have fallen below the cost price of treasury alts. Personally, I think this decline is unsustainable, continue to adhere to the investment strategy of resource first this year, continue to hold the leading coins of wlfi and various tracks, and wait for the wind to come. The trend of Ethereum has also been weak in recent days, with the ETH/BTC exchange rate continuously declining. The inflow of Bitcoin ETF funds has been over 300 million yuan per day, and the outflow of ETH ETFs is tens of millions per day. It seems that institutions are returning their attention to BTC. This week, the Treasury has only increased its holdings by 8.70000 BMNRs, Sbet has increased its holdings by less than 40000, and Ethm has increased its holdings by 150000. However, these coins were not bought from the market, but a giant whale's own coins have been stored in Ethm's vault. This giant whale has joined Ethm's board of directors and is considered a cooperation, so it has not played a buying role in the market; In contrast, the trend of SOL is stronger and the ETH exchange rate is also rising. Recently, the SOL chain has restarted, and pumps have returned to the water. In the past few days, there have been many golden dogs, with cards directly reaching 500 million through AliExpress. The ICM sector has performed very well, and huch tcg zard actions have run out. Finally, there is money coming back from the dead seat on the chain, which is not easy; Then the alpha of OK finally arrived. OKB has gone through a wave, and the recent trend of the platform coin is also good. Because Pump has returned to the water level, and even the daily return has exceeded Hype. It is possible that the platform coin will also go through a wave of market trends, so pay close attention to it. In addition, the staking track mentioned yesterday also needs to be monitored. I feel that the next few weeks will be