Wang Feng: Ethereum's Rise Is Not Isolated in the Market, Cryptocurrency Autumn Is Expected to Begin

By: theblockbeats.news|2025/08/09 22:21:57
0
Share
copy

BlockBeats News, August 9th: Wang Feng, founder of Blueport Interactive, stated in a post that the market sentiment of Bitcoin and Ethereum should not be viewed in isolation. Bitcoin is currently trading sideways around $120,000, with little volatility and no major sell-off by institutions. This situation provides plenty of room for Ethereum to continue its uptrend after breaking through $4,000, with a forecast to rise to at least around $5,000. Similarly, Ethereum and the entire crypto market have always been interconnected. The cryptocurrency autumn is expected to kick off, with DeFi, RWA, and star meme coins entering a phase of takeoff.

On July 16th, Blueport Interactive established the LK Crypto Division to oversee the management of the company's mainstream crypto assets and accelerate its Web3 and RWA strategies.

You may also like

Paul Graham: How to Make a Billion Dollars

Silicon Valley guru Paul Graham reveals the underlying logic of billion-dollar wealth: no need to cheat, just create products that users love intensely, allowing exponential growth to create wealth miracles.

If the AI bubble has already burst, who will truly remain?

What remains after the AI bubble bursts? The plummeting cost of computing power is driving AI to accelerate the reshaping of various industries. What will be left after the major reshuffle is an irreversible revolution in real productivity.

Morning Report | Prediction market platforms like Kalshi and Polymarket jointly sue Kentucky over 14.25% trading tax; Bridgewater founder discusses decision-making in the AI era: principled thinking should run parallel to AI, human insight remains irre...

Overview of Important Market Events on June 15

What is the connection between Huang Zheng of Pinduoduo and blockchain?

From Pinduoduo's "reverse insurance" to blockchain's smart contracts, this article explains how Huang Zheng's underlying logic uses "certainty" rules to reshape the flow of wealth for ordinary people.

The other side of Musk's trillion-dollar fortune: 85% cannot be sold

SpaceX's IPO is a math problem, and the answer is not on the pricing day, but in the first quarter after the lock-up period ends.

The U.S. government prohibits foreigners from using Fable 5, Anthropic issues a rebuttal

The sudden removal of the two models has caused widespread shock in the tech industry and the AI community.

Popular coins

Latest Crypto News

iconiconiconiconiconiconicon
Customer Support:@weikecs
Business Cooperation:@weikecs
Quant Trading & MM:bd@weex.com
VIP Program:support@weex.com