Main Password: Is the main force of multi platform BTC secretly building a bottom?

In the past 24 hours, the cryptocurrency market has experienced a total contract liquidation of $285 million, with multiple liquidation of $160 million and short liquidation of $125 million.

Binance ENA is currently priced at $0.1727, with a 24-hour increase of 9.03%. 24-hour transaction volume of 2.2 billion US dollars, up 63.81%, for reference only

The yield on two-year US Treasury bonds rose by 10 basis points during the day, reaching 4.33%.

Allianz Chief Advisor El Erian stated that Federal Reserve Chairman Kevin Walsh's first speech at Jackson Hole was clear and powerful, responding to market concerns about economic conditions, dual mission risks, and inflation targets. Federal Reserve Chairman Kevin Walsh explained that forward guidance has exceeded its scope and warned of mirror maze risks, while defining artificial intelligence as a new factor of production and exploring long-term structural issues facing economic and policy effectiveness.

The US dollar/Japanese yen rose to the 160 mark, about a month after the last joint intervention by the US and Japan.