http://Greeks.Live Chinese Community Daily Brief ===== Release Date: 2025-09-09 Overall Market Sentiment ===== The group holds a cautiously bearish view on major cryptocurrencies. Most believe that after ETH grinds near its previous lows, it’s highly likely to break down further. BTC’s rebound failing to break past 113 signals weakness. Traders expect the market to remain flat and range-bound before September 17, while noting ETH’s underperformance—it’s lagging behind both altcoins and Bitcoin. Hot Topics ===== • The rapid expansion of the USDe ecosystem is drawing significant attention. Binance’s upcoming support for USDe trading pairs is driving ENA upward, with a 7% annualized yield making it more attractive compared to USDC’s 4%. • The group is deeply discussing risks in the ENA protocol, with primary concerns about its delta-neutral strategy being entirely reliant on CEX, posing a single point of failure risk, and a lack of transparency. • Hype Exchange is gaining attention for its on-chain transparent copy-trading feature and its soon-to-be-launched USDH stablecoin, which is seen as a potential third major stablecoin contender, challenging USDC’s position.