2024 年 9 月 30 日：我們的每週機構洞察探討最新的市場發展

Our weekly Institutional Insights covers the latest market developments — market performance, industry news, ETF flows, trending topics, upcoming events and token unlocks — to help you supercharge your crypto trading. Enjoy our weekly take on the market!

我們每週的機構洞察涵蓋最新的市場動態——市場表現、行業新聞、ETF 流量、熱門話題、即將發生的事件和代幣解鎖——可幫助您增強加密貨幣交易。享受我們每週對市場的看法！

U.S. Consumer Sentiment Rises

美國消費者信心上升

U.S. consumer sentiment in September reached a five-month high, buoyed by optimism following the Federal Reserve's recent interest rate cut.

受聯準會近期降息後的樂觀情緒提振，美國 9 月消費者信心達到五個月高點。

The University of Michigan’s final sentiment index increased to 70.1, up from a preliminary of 69 and significantly higher than August's 67.9.

密西根大學最終情緒指數從初值的 69 升至 70.1，也顯著高於 8 月的 67.9。

Consumers now expect inflation to rise at an annual rate of 2.7%, the lowest since late 2020, and anticipate only a 3.1% increase over the next five to ten years.

消費者目前預期通膨年率將上漲2.7%，為2020年底以來的最低水平，並預計未來五到十年僅上漲3.1%。

This uptick in sentiment follows the Fed's decision to lower interest rates by half a percentage point on September 18, a move aimed at mitigating potential job market declines. The resulting reduced borrowing costs have positively influenced consumer outlook regarding the economy and personal finances.

聯準會於 9 月 18 日決定將利率降低半個百分點，此舉旨在緩解潛在的就業市場下滑，隨後市場情緒有所回升。由此帶來的借貸成本降低對消費者對經濟和個人財務的前景產生了積極影響。

Government data indicated modest household spending growth in August. Despite earlier concerns about the labor market, consumer views on unemployment have improved, reflecting the Fed's actions. Notably, 55% of respondents expect borrowing costs to decline in the coming year, enhancing favorable perceptions of buying conditions for large purchases.

政府數據顯示八月家庭支出溫和成長。儘管早些時候對勞動力市場感到擔憂，但消費者對失業的看法有所改善，這反映了聯準會的行動。值得注意的是，55% 的受訪者預計明年借貸成本將下降，從而增強了對大額採購的購買條件的有利看法。

Solana in Focus From Crypto Events

Solana 成為加密貨幣事件的焦點

Last week in Singapore, the crypto community was abuzz at two major conferences: Solana Breakpoint 2024 and TOKEN2049. These events featured lively discussions, thrilling announcements and extensive networking opportunities.

上週在新加坡，加密社群在兩場重要會議上熱鬧非凡：Solana Breakpoint 2024 和 TOKEN2049。這些活動以熱烈的討論、令人興奮的公告和廣泛的交流機會為特色。

At Solana Breakpoint, attendees noted a shift in focus from infrastructure to product development, leaving many optimistic about Solana's trajectory. Among the notable announcements were Solana's new phone, Solana Seeker, designed to enhance the mobile crypto experience. Additionally, Huma Finance revealed its expansion to Solana, boasting over $1.9 billion in transactions.

在 Solana Breakpoint 上，與會者註意到重點從基礎設施轉向產品開發，這讓許多人對 Solana 的發展軌跡持樂觀態度。其中值得注意的公告包括 Solana 的新手機 Solana Seeker，旨在增強行動加密體驗。此外，Huma Finance 還透露其向 Solana 的擴張，交易額超過 19 億美元。

The Firedancer client received high praise for its resilience and efficiency, capable of handling over 1 million transactions per second. Furthermore, the Eclipse Layer 2 solution on Ethereum, which utilizes the Solana Virtual Machine (SVM), is set to become publicly accessible next month and is already partnering with several projects.

Firedancer 用戶端因其彈性和效率而受到高度讚揚，每秒能夠處理超過 100 萬筆交易。此外，以太坊上的 Eclipse Layer 2 解決方案利用了 Solana 虛擬機器 (SVM)，將於下個月向公眾開放，並且已經與多個專案合作。

The conference also introduced exciting newcomers, such as Pump Science, a marketplace for testing longevity compounds, and Mantis®, a Layer 2 solution centered on user intent processing. Engaging debates further enlivened the atmosphere, covering topics like the future of the Solana Foundation and the viability of NFTs.

會議還介紹了令人興奮的新成員，例如用於測試長壽化合物的市場 Pump Science 和以用戶意圖處理為中心的第 2 層解決方案 Mantis®。激烈的辯論進一步活躍了氣氛，討論的話題包括 Solana 基金會的未來和 NFT 的可行性等。

Overall, Solana Breakpoint highlighted both established protocols and innovative projects, making it a pivotal event in the crypto landscape.

總體而言，Solana Breakpoint 強調了既定協議和創新項目，使其成為加密領域的關鍵事件。

Bitcoin Spot ETF Flows

比特幣現貨 ETF 流量

Bitcoin Spot ETFs have experienced a notable increase in daily inflows over the past week.

過去一周，比特幣現貨 ETF 的每日流入量顯著增加。

This uptick can be attributed in part to the August personal consumption expenditures (PCE) data, which came in below expectations, suggesting a more stable economic environment. Additionally, the University of Michigan’s consumer sentiment index showed an increase, signaling that consumers are feeling more optimistic about the economy.

這種上升的部分原因是8月個人消費支出（PCE）數據低於預期，顯示經濟環境更穩定。此外，密西根大學的消費者信心指數上升，顯示消費者對經濟感到更加樂觀。

This combination of positive economic indicators has fueled excitement in the cryptocurrency market, drawing both retail and institutional investors.

這些積極的經濟指標的結合刺激了加密貨幣市場的興奮，吸引了散戶和機構投資者。

As Bitcoin consolidates around the $65,000 level, many analysts are setting their sights on $70,000 or even a new all-time high as the next short-term target. This consolidation indicates a strong support level. If Bitcoin can maintain momentum, it may break through this resistance and reach new price milestones.

隨著比特幣在 65,000 美元附近盤整，許多分析師將目標定為 70,000 美元，甚至歷史新高作為下一個短期目標。這種盤整顯示了強勁的支撐位。如果比特幣能夠保持勢頭，它可能會突破這一阻力並達到新的價格里程碑。

Other Top Performing Tokens

其他表現最佳的代幣

Token

代幣

Catalyst

催化劑

Celo (CELO)

整體（完整）

CELO surged 16.6% following Vitalik Buterin's endorsement of Celo's achievement in surpassing TRON in stablecoin addresses, and its upcoming upgrade to Ethereum L2. Read more here.

在 Vitalik Buterin 對 Celo 在穩定幣地址上超越 TRON 的成就以及即將升級到以太坊 L2 表示認可後，CELO 飆升了 16.6%。在這裡閱讀更多內容。

Ethena (ENA)

雅典娜 (ENA)

ENA surged 14.7% following the announcement of Ethena Labs’ launching of the UStb stablecoin to enhance USDe stability and expand collateral offerings. Read more here.

在 Ethena Labs 宣布推出 UStb 穩定幣以增強 USDe 穩定性並擴大抵押品供應後，ENA 飆升 14.7%。在這裡閱讀更多內容。

Sei (SEI)

六（六）

SEI surged 23.4% following the launch of yield-generating LSTs and new incentives in ETH pools by the Sei network. Read more here.

在 Sei 網路推出產生收益的 LST 和 ETH 池中的新激勵措施後，SEI 飆升 23.4%。在這裡閱讀更多內容。