Market Analysis - Bitcoin short-term holders' realized price is approximately $109,000, often acting as a dynamic support level during bull runs [1] - The market is potentially testing this support level during the current pullback [1] Potential Risks - There is speculation about how low the price might go below the $109,000 level [1]

RT BitcoinConfAsia (@BitcoinConfAsia)🇭🇰 BALAJI'S KEYNOTE CONFIRMED: WHEN #BITCOIN WINSAUG 28 • NAKAMOTO STAGE • BE THERE‼️ https://t.co/iGaPsTB9kX ...

RT Joakim Book (@joakimbook)Poor Ken Rogoff getting a public lashing now... But if you say INCREDIBLY stupid things, you deserve what comes your way https://t.co/spQwRAnGed ...

Market Sentiment - Michael Saylor advises to "Ignore the □ears" (ignore the fears/bears)[1]

BREAKING: 🇬🇧 UK inflation rises to 3.8%, highest level in 19 months. https://t.co/5Ad9xd4RUf ...

HODL ✊ https://t.co/UWik5ODZor ...

Market Trend - El Salvador purchased more Bitcoin for its strategic reserve [1] - The country is "buying the dip" (purchasing more cryptocurrency during a price decline) [1]

Regulatory Landscape - SEC Chair Atkins indicates swift implementation of the President's Digital Assets Working Group recommendations [1] - The aim is to establish America as the crypto capital of the world, reflecting presidential support [1]

RT BitcoinConfAsia (@BitcoinConfAsia)NEW FIRESIDE CHAT 🔥Learn from the legends why every company will eventually have a Bitcoin treasury!August 29 • Nakamoto Stage 🇭🇰 https://t.co/1L3zRL9xUi ...

What a real #Bitcoin strategy be like:BUY 👏 THE 👏 DIP 👏 https://t.co/gYXpgDe7Qk ...