Hong Kong Monetary Authority Warns Against Unregulated Stablecoin Issuance

Click on the link Tencent Meeting: https://meeting.tencent.com/p/5658778060 Daily level; 1. Within the trend of the moving average, the current bottoming out market has not yet arrived because the MA120 trial period is too short, resulting in BBI still being depressed. Therefore, it is necessary to make a pullback after the moving average has leveled to consider the bottoming out completely completed. Therefore, the risk has not been relieved yet; 2. As the entire Boll retraces after the price drop is completed, it can be assumed that the upper and lower tracks will quickly contract when it continues, and a narrow range is about to come. The height of the rebound here is also very low, with 11.3-11.4 being the limit; After the reverse draw is completed, it will enter an extreme amplitude market, aiming to quickly close the upper and lower tracks; 3. The trend of VR in terms of quantity and energy was suspected of being bullish yesterday, and this viewpoint still holds today, so 110000 must be maintained; If the bottom is successful, VR can directly switch to the upward attack form; The volume of OBV is expected to flow out significantly in the next two days, so we are facing the market of bottoming out and attracting funds. We don't have to worry about going to the drawing gate anymore, and can wait for the bottom to appear with peace of mind; 4. In the trend of potential energy, if RSI and MFI do not resonate, it is a continuous oscillation. As long as CCI does not break near the zero axis, there is no problem, but it is about to form a three in one state, so it will not oscillate for too long. Looking forward to October; 5. Within the current balanced trend, the final plan has emerged and the price has not broken through in the weakest zone. Therefore, it is necessary to return to 115000 before October 5th, otherwise the late moving band will also break through; After the return, the late moving band can still be maintained for a period of time. At this time, the price of the currency is expected to break through the internal consolidation of the cloud, and the end cloud may emerge from the bullish cloud; Overall, the daily market trend needs to be observed this week to see if it can stop falling. To stop falling, multiple tests of MA120 are needed. After the tests are completed, the stop and narrow range oscillation will be achieved in one go, so that it can truly return to above 115000 in early October; QQ group number: 959096632 QQ group link: https://qm.qq.com/q/IJJokCG48K Disclaimer: The above content only represents the author's personal opinion and is intended to assist investors in understanding information related to the capital market. It does not constitute any investment advice and does not represent the position or viewpoint of AiCoin. The market is risky and investments should be made with caution.

[SharpLink Plans to Collaborate with Superstate to Launch Tokenized Stock SBET on Ethereum Chain] According to Golden Finance, Nasdaq-listed Ethereum treasury company SharpLink Gaming announced that it will tokenize its SEC-registered common stock directly on the Ethereum blockchain. Financial technology company Superstate will act as its digital transfer agent, enabling the on-chain native tokenization of its equity through its Opening Bell platform and expanding Superstate's multi-chain capital market infrastructure.

[USDC Treasury Burns Approximately 62.97 Million USDC on Ethereum] According to Whale Alert data, at 20:00:23 Beijing time, USDC Treasury burned 62,971,539 USDC on the Ethereum blockchain.

[Google to Acquire 5.4% Stake in Cipher Mining and Guarantee $1.4 Billion Contract] According to Bloomberg, Google will obtain the right to purchase a 5.4% stake in crypto mining company Cipher Mining and will guarantee a $1.4 billion data center lease contract signed between Cipher and Fluidstack. The contract spans 10 years and is expected to generate approximately $3 billion in revenue, with the option to extend twice for five years each, potentially increasing total revenue to $7 billion. Cipher plans to use Google's support agreement to finance its expansion, with its stock price surging 24% in pre-market trading. In a similar deal, Google previously acquired warrants to subscribe for up to a 14% stake in TeraWulf and guaranteed related contracts.

[Federal Reserve Governor Milan: Exiting the Tight Monetary Policy Stance is Crucial] According to a report by Jinse Finance, Federal Reserve Governor Milan stated that if views on tariffs, housing, and other issues are correct, then exiting the tight monetary policy stance becomes very important.