On August 17th, the latest report from QCPCapital pointed out that it remains constructive and optimistic towards the end of the year. One particularly encouraging factor is that the market has been digesting various "supply shock" news for BTC and ETH this week. After Jump cancelled the pledge and sold ETH this round, the market even rebounded. And make the following comments on the market this week: The current market macro sentiment has improved, and the slowdown in US inflation has boosted market confidence and pushed the stock market back to historic highs. Continued interest rate cuts by major central banks such as the Reserve Bank of New Zealand have strengthened the global wave of monetary easing; The market is still concerned about the possible selling pressure from the US government address, which transferred 10,000 BTC (about $591 million) related to the Silk Road enforcement operation into the Coinbase wallet. Although no sale has been confirmed, the market remains vigilant about the remaining 200,000 BTC and other cryptoassets in the wallet. Musk disappointed the market by not discussing cryptocurrencies at all during his two-hour interview with Trump.