According to CoinMeta, as cryptocurrencies have rebounded, the trend of Bitcoin is now influenced by Federal Reserve Chairman Kevin Warsh. Bitcoin rose by 28% in August and is currently approaching $80,000. The Crypto Greed Index has climbed to 74/100, the highest level in nearly 11 months. The rebound began with the Treasury Department's bond repurchases driving down yields and the US dollar, followed by the liquidation of over $4 billion in crypto shorts, which accelerated the rebound. News that the Treasury Department may utilize nearly $1 trillion from its cash accounts further increased liquidity excitement. Inflation and data will be released on Wednesday, representing the first major test for the rebound. The main event will be on Friday, when Federal Reserve Chairman Kevin Warsh delivers his first Jackson Hole address; dovish signals could trigger euphoria, while unexpected hawkish moves could turn greed into fear. Currently, billions of dollars are dependent on Warsh's stance.