The latest released inflation data is 2.7%, better than market expectations, which lays a solid foundation for a possible interest rate cut in September. Recently, from the pressure faced by Fed Chair Powell, to the performance of employment data, and to the economic indicators released tonight, everything seems to be paving the way for this outcome.

As the data was released, the cryptocurrency market reacted quickly, with the price of Ethereum (ETH) briefly breaking through $4400. Meanwhile, the U.S. stock market also showed a strong buying momentum. Notably, there are reports of plans to purchase $20 billion worth of ETH, and analyst Tom Lee has put forward an ambitious target, aiming to buy 20% of Bitcoin, with a target price as high as $15,000.

Looking back at the development of cryptocurrencies, one cannot help but marvel at the unpredictable nature of the market. Once upon a time, EOS was on par with Bitcoin, but now it has lost its former glory. This reminds us that in this rapidly changing market, there are very few projects that can withstand the test of time.

In terms of other market dynamics, the BFUSD rules of a certain exchange are about to be adjusted, and a minimum threshold may be set. For participants, this could be a new investment opportunity.

Today's market operations focus mainly on point accumulation and airdrop participation on the Alpha platform. Continue accumulating points through limit orders, while for airdrops, there is only one project today, WAI, which I was unable to participate in. Looking forward to tomorrow's opportunity with BTR.

Overall, the market today shows positive signals, but investors should remain vigilant, closely monitor market trends, and make informed investment decisions.