7.31 Sohu Morning Report: Woke up to find prices up, and my positions gone 😂. I stayed up late last night waiting for no interest rate hikes, and it seems there was a reason I couldn't sleep 🤣. 1. $BTC followed the Federal Reserve's meeting, spiking under Powell's hawkish comments, then it ended; 2. $ETH also spiked and quickly recovered; the old men at the Fed really do control the market with their words; 3. $SOL completely followed the trend with everyone else; 4. Today's Fear and Greed Index dropped to 72, still in a "greed state"; 5. The White House suggests taxing U.S. citizens' overseas cryptocurrency accounts; The White House released a digital asset report, with no substantial updates on the Bitcoin reserve plan; 6. Trump imposed an additional 40.00% tariff on Brazil and reached a trade agreement with South Korea; 7. The Federal Reserve maintained interest rates for the fifth consecutive time, in line with market expectations; Powell expressed a hawkish stance; 8. Cboe and NYSE Arca submitted rule change applications to the SEC to simplify the listing process for crypto ETFs; 9. Robinhood announced its second-quarter earnings report, with revenue up 45% year-over-year to $989 million; 10. The SEC launched a universal listing standard for crypto ETPs, with mainstream coins potentially approved as early as September; 11. Due to a surge in institutional hedging demand, Bitcoin options exposure exceeded $57 billion; 12. Polygon experienced an hour-long outage weeks after a complex hard fork; No one cared; 13. The ETH on-chain MEME lending platform $IMF self-destructed, leading to a chain liquidation that wiped out 85% of its market value; Now it's pulled back 300%; ---------- Feeling confused about trading, not sure if I should set stop-losses. I woke up relieved I didn't sell at the lowest point, but I was clearly making money before bed, so normally I should have set a profit protection stop? #Bitcoin #Ethereum #Solana #Crypto
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