AUKIAuki Price

Jeremy Siegel, Chief Economist at WisdomTree, stated in an interview with CNBC that he does not believe the current U.S. Treasury market is in such disarray that it requires additional liquidity support, and a 10-year Treasury yield rising to 4.75% is not a 'critical threshold.' He emphasized that the key focus is on the speech by the new Federal Reserve Chairman Kevin Warsh on Friday. The market may not necessarily need explicit forward guidance, but it seeks to understand which indicators the Fed is monitoring and what criteria will inform its policy decisions. Siegel believes that if Warsh can provide a clear and credible policy framework, the market could experience a notable rally on Friday; conversely, if the speech is too bland, the market may continue to 'test' the new Fed Chairman.

Jeremy Siegel, Chief Economist at WisdomTree, stated in an interview with CNBC that he does not believe the current U.S. Treasury market is chaotic enough to require additional liquidity support, and that a 10-year Treasury yield rising to 4.75% is not a 'critical threshold.' He emphasized that the key focus is on the speech by the new Federal Reserve Chairman Kevin Warsh this Friday. The market may not necessarily need clear forward guidance, but it hopes to understand which indicators the Fed is monitoring and what will inform their policy decisions. Siegel believes that if Warsh can provide a clear and credible policy framework, the market could see a significant rally on Friday; conversely, if the speech is too bland, the market may continue to 'test' the new Fed Chairman.

On August 26, according to on-chain analyst Yu Jin, after Bitcoin (BTC) surged to $80,000 and then retraced, Garrett Jin's whale entity increased its long position by 600 BTC at $79,000 (totaling $47.4 million) in the early hours. This entity has held its BTC long position for three months, experiencing a maximum unrealized loss of $23 million in early July. Currently, it holds 1,868 BTC (valued at $147 million) in long positions, with an average price of $77,090, resulting in an unrealized gain of $2.78 million. Additionally, its short position in Zcash (ZEC), opened at an average price of $444 with 32,700 units (worth $25.28 million), has an unrealized loss of $10.74 million.