trend

Renowned trader Killa posted about the potential impact of the upcoming FOMC meeting on the cryptocurrency market this week. He stated that many people are very focused on macroeconomics, policies, and economic data to predict the next moves of assets, but Killa believes that "most macro narratives are just distractions." Killa noted that BTC often starts moving before the reasons become clear. By the time the macro environment shifts and the herd realizes it, Bitcoin has usually already completed its move. Correlation is often lagging. The market does not move because most people understand it. Most people understand it because the market has already moved.As a quantitative trader focused on BTC, Killa predicted the peak of this bull market in May 2025 and has over 200,000 followers on platform X. In mid-April, he shorted Bitcoin at $74,688 and switched to long during the market-wide decline on June 5.

Whale "Set 10 Big Goals" stated on the X platform after the release of today's US CPI data that Bitcoin has not fallen below $74,000, and the bullish trend remains unchanged."Set 10 Big Goals" previously stated: "Next, look for opportunities to re-enter long positions. This round of trend is stronger than I originally imagined, so the imagination for the future can be bolder. Entering at $80,000 or even above $80,000 is still not too late; there is still room. $100,000 is likely to arrive sooner than I originally expected. When it reaches $100,000, we will reassess how far this round of trend can go."

According to CoinDesk, Bitcoin formed a golden cross earlier this week (the 50-day moving average crossing above the 200-day moving average), but subsequently did not experience a sustained increase, instead retreating from around $80,000 to about $77,000. It is noteworthy that most of the recent rise occurred before the golden cross—Bitcoin had previously risen from $62,000 to $82,000.The article points out that similar situations have historically repeated multiple times: after the golden cross in 2021, BTC fell from $52,000 to $40,000; after the golden cross in February 2023, it retreated from $23,000 to $20,000; after the golden cross in October 2024, it slid from $70,000 to $67,000; and after the golden cross in May 2025, it corrected from $110,000 to $100,000. Analysts believe that while the golden cross is seen as a long-term bullish signal, it may essentially be a lagging indicator, as a significant portion of the gains often have already been realized by the time the signal appears.

On September 10, U.S. stocks closed with all three major indices falling, marking the fourth consecutive trading day of declines; Brent crude oil briefly touched around $108, U.S. Treasury yields rose, suppressing risk appetite; the Philadelphia Semiconductor Index fell about 2.66%. In terms of concept stocks, most sectors such as chips, optical modules, and storage retreated, with the seven giants showing divergence: Apple (AAPL) rose 3.56%, Alphabet slightly increased, Microsoft was nearly flat, while others fell. In the energy sector, XOM rose about 0.61%, with some energy stocks resisting declines driven by oil prices.WEEX Labs believes that the rise of AAPL indicates that funds are still willing to invest in the new product cycle despite macro headwinds; investors need to closely monitor the August CPI data released today, which is the macro highlight of the week and will directly impact next week's interest rate pricing and market reactions. Trade stocks and gold using WEEX TradFi, and you can also participate in daily egg hunts, with a 100% prize rate, winning up to 10,000 USDT in position airdrops.

TrendForce's latest research on the wafer foundry industry shows that in the second quarter of 2026, the total revenue of the world's top ten wafer foundries increased by 11.5% quarter-on-quarter, approaching $53.49 billion, setting a new record. The growth mainly comes from the continued demand exceeding supply for advanced processes in AI and HPC processors, as well as the rising demand for peripheral AI chips such as PMICs and power discrete devices; the early stocking of consumer supply chains for TVs, PCs, and laptops has also tightened the capacity of some mature processes.TSMC continues to lead, with revenue nearing $40.2 billion in the second quarter, a quarter-on-quarter increase of 12.1%, and a market share of 72.5%. The demand for AI server GPUs and XPUs has kept its 5/4 nm and 3 nm capacities fully loaded, and the initial stocking of the new iPhone has also contributed, with 2 nm making its first revenue contribution. Samsung Foundry ranks second, with revenue of $3.26 billion, a slight quarter-on-quarter increase of 1.8%, and a market share dropping to 5.9%. SMIC ranks third, with revenue exceeding $3 billion, a quarter-on-quarter increase of 20%, and a market share rising to 5.4%, narrowing the gap with Samsung.UMC maintains fourth place, with revenue of nearly $2.18 billion, a quarter-on-quarter increase of 12.7%, and a market share of 3.9%. GlobalFoundries is fifth, with revenue of approximately $1.79 billion, a quarter-on-quarter increase of 9.3%, and a market share of 3.2%. Hua Hong Group ranks sixth, with revenue exceeding $1.27 billion, a quarter-on-quarter increase of 3.5%. Tower, World Advanced, Jinghe Integrated, and Powerchip rank seventh to tenth, with revenues of $460 million, $451 million, $447 million, and $432 million, respectively.

According to TrendForce's latest research on the memory industry, in the second quarter of 2026, due to a significant increase in the contract price of Conventional DRAM, the overall revenue of the DRAM industry is expected to grow by 59.5% quarter-on-quarter, reaching nearly 154.73 billion USD.With the training of LLM models and AI inference stimulating the demand for AI Servers, shipments of HBM3e, LPDDR5X, and high-capacity RDIMMs are growing simultaneously, while Agentic AI applications are driving the demand for RDIMMs of various capacities. On the supply side, manufacturers' inventories are at a low point, and new supply is prioritized for Server applications, leading to a slight growth in overall DRAM bit shipments in the second quarter.

Goldman Sachs' Global Technology Equity Research Team released a report on April 17, 2026, stating that networks unlock the computing power of a single AI chip by connecting multiple chips, enabling seamless data exchange and low latency. With the expansion of AI infrastructure and the enhancement of computing power, various configurations are expected to see growth, further opening up a 9-fold Total Addressable Market (TAM) space to $154 billion.The report pointed out that the dollar content of horizontal and vertical scaling increases by 16 times and 45 times, respectively; the TAM for optics expands 13 times from horizontal to vertical scaling; the market value of pluggable optical modules in horizontal scaling expands 10 times from AI server models in the second half of 2025 to models in the second half of 2027. The authors include Allen Chang, Verena Jeng, James Schneider, Mark Delaney, among others.The total dollar content for each computing unit in vertical and horizontal scaling is expected to increase from $315,000 for GB300 NVL72 to $9.4 billion for Rubin Ultra NVL576, a 29-fold increase. The total value TAM increases 9 times to $154 billion (mainly in 2028), of which 69% ($106 billion) comes from vertical scaling. The analysis covers the dollar content and market opportunities of configurations such as copper cables, pluggable optical modules, CPO, and PCB backplanes.

Gate Research Institute released the August 2026 cryptocurrency and TradFi quantitative report. BTC and ETH rose approximately 25.1% and 32.6% respectively during the month. Gate contract data shows that the open interest amount for BTC increased from about $4.02 billion to $4.38 billion, while ETH rose from about $2.46 billion to $2.75 billion, with increases of approximately 9% and 12.1% respectively.The funding rates for both remained moderately positive most of the time, with long positions dominating the number of accounts, but the active trading long-short ratio was below 1. The TradFi market also rose in sync, with NAS100 increasing about 4.2% during the month, outperforming US500 and US30, while large tech stocks showed a divergence in trends.The report compared four models: moving average trends, trend momentum, Donchian breakout, and RSI mean reversion. Backtesting results showed that the 100-day moving average and 20-day price momentum strategies achieved positive cumulative returns on BTC, ETH, US500, and NAS100, with a median Sharpe ratio of 0.64 and a median maximum drawdown of 8.71%. The report includes Gate TradFi's US500 and NAS100 in cross-asset observations and evaluates market heat by combining Gate contract long-short ratios, funding rates, and open interest data. The execution over the next one to three months will focus on trend confirmation, volatility rebalancing, leverage limits, and cooling off abnormal liquidations.

Tom Lee stated during his appearance on CNBC: "I believe that there are actually very few people who truly hold cryptocurrencies. Because of this, I think Bitcoin can easily break through six figures (like over $100,000), but it may also be affected by interest rate hikes. As for how cryptocurrencies will perform, I think this will be a good test, but we have already seen long-term yields (interest rates) rising. So, if we see the Federal Reserve raising interest rates while long-term yields actually decline, that would essentially mean monetary easing. Therefore, the key may be how long-term yields respond to the Federal Reserve's interest rate hikes."He also added: "I think this is just the first wave of the rise because this round of cryptocurrency market has caught many people off guard. Well, I believe institutional investors are buying stocks related to cryptocurrencies, and this is very obvious—trading volume has surged significantly, which signals that they are betting on a big market in the fourth quarter. I think $150,000 is still possible, well, it's actually not that far from now."

Ash Crypto posted on platform X that ETH/BTC is at a critical breakout point. The price has formed a triangular pattern with progressively lower highs and progressively higher lows, and the range continues to narrow, indicating that significant volatility is approaching.If the trend line is broken, the ETH price could rise to $2800; if rejected, it may fall back to $2000 to $2200. In either case, ETH is preparing for a significant move.

Crypto analyst Ali Charts posted on platform X that Bitcoin's current trend is highly similar to the bottoming pattern in 2023. In 2023, Bitcoin broke the downward trend and tested the previous high in August, then retraced to around $20,000 before starting to rise.It seems that a similar structure is forming now, with a key observation level near $83,000 around the high in May 2026.

According to Santiment Intelligence monitoring, since June 3, the ETH exchange platform balance has decreased from approximately 7.69 million to about 6.28 million, a reduction of about 1.4 million, representing a decline of about 18%. Since August 19, another approximately 275,000 ETH has flowed out of the exchange platform, bringing the current balance to the lowest level of this statistical period.During the same period, the BTC exchange platform balance has increased by about 0.25%, currently nearing recent range highs. In this regard, Santiment stated that the decline in ETH exchange platform balance has not stopped due to the price increase; while the ETH price has risen by about 27% since August 16, a large amount of ETH continues to flow out of the exchange platform.

Liquid Capital founder Jack Yi (易理华) posted on the X platform, stating that he remains bullish. Currently, the resistance level is consolidating; in a bull market, both resistance level consolidation and pullbacks from high positions are normal phenomena. He plans to go long at high positions and then wait for a reasonable pullback to continue buying. The bull market trend is expected to last at least until 2028, so it's best to avoid shorting.Risk assets have finally welcomed opportunities, and AI is far from reaching a bubble moment. Seizing these two waves of investment opportunities is currently the best strategy. Perhaps he is indeed not good at shorting, as everyone benefits from the industry bull market. Now that the trend is bullish, going long is even easier; one shouldn't always think about speculating by shorting.

XRP has dropped 6.23% in the past 24 hours to around $1.38, making it the token with the largest decline among the top ten cryptocurrencies by market capitalization. Previously, XRP surged from around $1 on August 18 to $1.69, an astonishing increase within four days, briefly touching the psychological level of $1.7.The pullback is mainly due to leveraged liquidations. XRP has still risen 35.55% over the past week, second only to Hyperliquid's 38.65% weekly increase. Notably, XRP-related ETFs have recorded net inflows for nine consecutive days, indicating that institutions have not withdrawn, and the issue mainly lies in the leverage aspect rather than capital outflows.After breaking through $80,000 on Tuesday, Bitcoin has retreated to around $78,000, dragging down the overall altcoin market. The market is awaiting tonight's core PCE inflation data and Nvidia's earnings report; whether XRP can hold the $1.4 support level will determine if this rally is a healthy correction or a further decline.

According to official social media news, Huobi HTX will hold a themed live broadcast titled "BTC Soars 30% in Four Days: Is the Bull Market Restarting or the Last Carnival?" today at 20:00. At that time, crypto KOLs such as 0xMoon, Xiao Zhi, Ye Feng, HiSeven, and YIYI will be invited to attend, discussing the recent rapid rise of Bitcoin, focusing on analyzing the market driving factors behind this round of increase, and conducting an in-depth discussion on market sentiment, capital trends, and future market trends.

Community users asked Zhao Changpeng, "What is your opinion on the memestock craze? In this model, meme coins are paired with tokenized stocks, which brings inherent utility to meme coins."Zhao Changpeng replied, "This is certainly fresh and interesting. But it is necessary to ensure that the issuers can indeed fulfill their obligations."