OKX-LINK's current price is $24.77, with a drop of 5.28% in 24H. 24-hour transaction volume of 16.8 billion US dollars, a decrease of 38.04%, for reference only

According to the data of major single orders in the past 12 hours, the sales volume of sell orders reached as high as $172 million, far exceeding the buy orders of $84.67 million. The net outflow of the main force was $87.38 million, with a buy sell ratio of 1:2.03, indicating a strong willingness of the main force to short. At the same time, the maximum single sale transaction reached $15.75 million, indicating a more concentrated selling pressure compared to recent buying activity. The current price has fallen below the support of the EMA24 and EMA52 moving averages, and the KDJ death cross confirms a downward trend. RSI is also running below the median line, forming a dual verification of technical and main trends, and the downside risk is intensifying. Open membership, track major orders, and stay ahead of the market! The data is sourced from the PRO member's [BTC/USDT Binance 1-hour] candlestick, for reference only, and does not constitute any investment advice.

[Market Focuses on Powell's Speech, Analysts Expect a Cautious Stance] Wall Street is closely watching Federal Reserve Chair Jerome Powell's speech this Friday at the Jackson Hole Global Central Bank Annual Meeting. Analysts believe that, given the backdrop of recent strong inflation data, Powell may adopt a cautious stance. StoneX senior advisor Jon Hilsenrath pointed out that although the likelihood of a rate cut in September is relatively high, Powell may not provide a clear timeline for rate cuts, as the Fed's inflation control target has not yet been achieved. Currently, the Fed does not have all the data needed to determine the direction of interest rates, and future policy will depend on key indicators such as August employment data and CPI. Andrew Tyler, Head of Global Market Intelligence at JPMorgan, believes the Jackson Hole meeting is unlikely to have a significant impact. Rose Advisors portfolio manager Patrick Fruzzetti stated that Powell may continue to emphasize inflation over employment growth but is unlikely to send aggressive policy signals.

In separate meetings, executives from Shinhan, Hana, KB Financial and Woori Bank will explore the role of dollar-pegged and won-pegged stablecoins in the country.

Binance Australia has 28 days to nominate external auditors for AUSTRAC's consideration.