EIA Refined Oil Inventory in the U.S. for the Week Ending August 8

#ETH shows strength against BTC, will it relay the up-trend?##Fluidkey Launches to Tackle the Transaction Privacy Problems on #EVM Chains

A legendary snapshot of Ansem introducing the founder of a major crypto exchange and the co-founder of Ethereum to crypto, way back in 2006.

The pullback in the market today makes one reflect on how much true investment insight there really is. Looking at the current situation, many analyses that claim to be "beacons" seem more like "dark lamps," misleading numerous investors. This phenomenon is particularly evident in the Crypto Assets market, especially with mainstream Tokens such as Bitcoin (BTC), Ripple (XRP), and BNB. Recently, various changes in the global economic environment, such as adjustments to the U.S. tariff policy, fluctuations in employment data, and the shift in attitudes of listed companies towards crypto assets, have all affected the direction of the cryptocurrency market to varying degrees. In addition, the Federal Reserve's interest rate decisions are further influencing the nerves of the entire financial market. In such a complex and ever-changing environment, investors should maintain clear and independent judgment rather than blindly following the so-called "expert opinions". In fact, if you really sift through those analysts who still adhere to their own views during market turmoil, you may find that they are few and far between. This reminds us that in Crypto Assets investment, the key is not to follow anyone, but to cultivate our own analytical skills and risk awareness. Every fluctuation in the market is a learning opportunity that allows us to better understand the characteristics and potential risks of this emerging asset class. Finally, it is worth noting that while short-term market fluctuations are difficult to predict, in the long run, those crypto projects that can bring real value to the real economy are more likely to stand out in future competition. Therefore, investors should not only focus on short-term market trends but also pay close attention to a thorough analysis of the intrinsic value of the projects themselves.

The short-term trend of XRP has attracted the attention of investors in the current market. Compared to SUI, XRP shows stronger upward momentum, with not only a larger rise but also a higher market capitalization. From a technical perspective, XRP has completed nearly 50% of the fibonacci retracement level, which is often regarded as an important support level. If the current box support is confirmed, XRP may welcome a new pump. For traders willing to take risks, this could be a potential entry opportunity. Currently, XRP's price fluctuates around 2.96, and it may be considered to set 2.9 as the stop-loss point. However, investors should bear in mind that the cryptocurrency market is highly volatile and carries significant risks. It is essential to conduct thorough research and risk assessment before making any investment decisions. Additionally, the overall pullback trend in the market is also worth following, as it may affect the performance of individual cryptocurrencies. Whether choosing contracts or spot trading, investors should formulate plans based on their risk tolerance and investment strategies. In this rapidly changing market, it is crucial to remain calm and rational.

🔥 BULLISH: Coinbase now holds 11,776 $BTC, surpassing Tesla to become the 10th largest corporate Bitcoin holder.