Asia Morning Briefing: Polymarket Bettors Foresee $5K ETH by End of August
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最新报道：Ethereum (ETH) surged 10% to over $4,600 amid expectations of a September rate cut, with traders eyeing a potential challenge to its 2021 all-time high of $4,876. Polymarket bettors assign a 28% chance of ETH reaching $5,800 by August-end. The rally reduced Bitcoin's dominance to 59% as capital shifted to altcoins. Glassnode analysts note ETH is approaching a key resistance level near $4.7K, historically triggering sell-offs. Meanwhile, CryptoQuant reports increasing ETH outflows to Tron’s USDT ecosystem, with $7.7M bridged on Aug. 9 and $19M in ERC-20 tokens (mostly USDC) on June 25—raising concerns over Ethereum’s liquidity drain as stablecoin activity migrates to rival networks. Despite this, market focus remains on ETH’s push toward $5K.
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