CryptoQuant analyst: Ethereum funding rate hits multi-month high, rebound indicates bullish momentum but correction may occur

After the dovish remarks from the Federal Reserve Chairman, non-farm payrolls and August inflation data have become the main trading focuses for the market going forward.

The new SEC regulations will slow down the pace and scale of acquisitions by treasury companies, which the market views as a significant bearish factor.

From Labubus to Pokémon

If rate cuts are completed and a dovish stance is expressed, it may drive the market to break through resistance. If an unexpectedly hawkish stance occurs (a low probability event), it could trigger a pullback.