August 5, 2025

The cryptocurrency market experienced a strong rebound, with Ethereum being the most notable, surging to 3700 points at one point, representing a rebound of over 10% from its lowest point. I believe everyone should have felt this solid buying pressure. Of course, this strong rebound in the crypto market is also supported by the U.S. stock market, with the Nasdaq index closing up 1.95% last night, basically recovering the losses from last Friday. Although it hasn't reached a new high, the sentiment regarding the U.S. Labor Department's data falsification has been digested. Next, we will have to see how the interest rate cut in September is implemented, as this will be one of the key factors influencing market trends in the next 2-3 months.
Interestingly, after the rebound of the US stock market, Trump jumped out to congratulate, stating on social media: "The US stock market performed well today, and there will be many more days like this. America is becoming wealthy again." You see what I said yesterday, Trump has repeatedly pressured Powell to cut interest rates, and his intentions are certainly not pure. We don't know how many stocks their family holds. The US stock market is merely experiencing a normal rebound, and he can't help but sing a few praises. You say you are the President of the United States; how many issues since taking office have revolved around stocks and cryptocurrencies? Not to mention, there are currently only three cryptocurrencies issued by this family. Recognizing this point, I believe the certainty of an interest rate cut in September is very high. Additionally, Trump is definitely most worried about the US stock market falling, so we only need to care about the situation in the crypto market, as someone is watching over there for us.
How will the subsequent cryptocurrency market develop? I think we must pay attention to Ethereum, as well as the driving force behind this bull market - "Micro Strategy".