According to BlockBeats, on August 28, Liquid Capital founder Yi Lihua stated that Bitcoin has not yet broken through the resistance level around $81,000. He expects a slight pullback in the next few days, followed by a continued rise and a breakout of that area. The next resistance level to watch is around $86,000.

He plans to close his long positions when Bitcoin reaches around $86,000, as that level could face a significant pullback. However, he still believes the bullish trend has arrived, and even if the price enters a resistance zone and the short-term outlook is bearish, he will only close his long positions and will not establish short positions.

According to BlockBeats, on August 28, Garrett Jin, an agent of "BTC OG Insider Whale," posted that it's time to start accumulating ETH again and staking it during the upcoming consolidation phase.

According to BlockBeats, on August 28th, Zach Pandl, Head of Research at Grayscale, stated that over the past year, during the AI-driven rise in risk assets, Bitcoin's trading performance has been closer to that of high-beta assets, but this trend may be reversing. Bitcoin's 90-day correlation with the Nasdaq 100 index has fallen from over 60% to approximately 33%, while its correlation with gold has risen from slightly above 0 at the beginning of the year to over 50%.

Grayscale believes this shift may indicate that investors are refocusing on Bitcoin's scarcity, monetary independence, and store-of-value function. Meanwhile, the recent surpassing of $40 trillion in US federal debt, persistent fiscal deficits, and rising long-term Treasury yields are again drawing market attention to assets that can hedge against deteriorating fiscal and monetary fundamentals.

Pandl points out that Bitcoin has no central issuer, its issuance rules are transparent, and its maximum supply is fixed at 21 million coins. In an environment where the long-term purchasing power of fiat currencies is being reassessed, Bitcoin can serve as a scarce and highly liquid alternative to gold. Bitcoin and other scarce digital assets may be entering a more favorable market phase.