1. Fed Chairman Powell will speak about the outlook on Wednesday at 00:35. The market bets that the Fed will cut interest rates in the next two meetings consecutively, and this pullback is to avoid the news front.

2. New highs for gold, but as a safe-haven asset, #btc 却在万点回调。整个过程是缩量的，这波回踩即使是反弹也是短暂，毕竟还没到底，关键是是 ETH is starting to catch up on losses.

3. The recent hot trend in RWA has started to cool down, and the regulatory attitude towards stablecoins has reversed dramatically. Today, the China Securities Regulatory Commission (CSRC) notified major brokerages to fully suspend the tokenization of physical assets business, so we will continue to wait for the market to stabilize.
#Launchpad XPL 认购开启