Jiang Zhuo'er: Sold 100% BTC position at the price of $77226

Spot gold rebounded to $4360 per ounce, and after the release of the US August CPI data, spot gold briefly fell below $4350 per ounce. AI interpretation: Inflation data reveals the latest changes in price levels, directly impacting market expectations for monetary policy. This data clarifies the current trajectory of inflation, forcing investors to reassess the Federal Reserve's interest rate path. The drastic fluctuations in gold prices reflect the immediate response of the market to the game between inflationary pressures and interest rate policies. This data result reinforces the market consensus on the sustainability of high interest rate environments and suppresses the safe haven premium of precious metals.

The US stock index futures have undergone a V-shaped reversal, with the Nasdaq futures now up 0.78%, after falling more than 0.6% previously.

OKX-ETH/USDT is currently trading at $2495.75, with a 5-minute increase of 1.64%. Please be aware of market fluctuations.

The market fully expects the Federal Reserve to raise interest rates twice before the end of the year. (Source: Federal Reserve)

Jiang Zhuo'er, founder of Leibit Mining Pool, stated that he has sold 100% of his BTC position at the price of $77226.