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Event ends: August 9, 16:00 UTC
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Data Analysis:
According to the current liquidation map, the market is relatively balanced between long and short positions. Based on the current Bitcoin price around $118,000, if the market fluctuates by $2,000 up or down and rises again to around $120,000, it is expected that the total liquidatable amount for shorts will be about $1.687 billion. Conversely, if the market drops to around $116,000, the total liquidatable amount for longs is expected to be about $562 million.
The Bitcoin spot ETF saw a net inflow of $12.7 million yesterday, while the Ethereum spot ETF experienced a net outflow of $14.5 million yesterday.
Market View:
Market Direction: Mainly fluctuating sideways. As everyone has seen from last night's announcement on interest rate decisions and Powell's speech, the summary here is that the status quo is maintained with no interest rate cuts, and Powell's speech is hawkish, leading to a quick spike in the market afterwards. From the latest market trends, the market is still in a fluctuating phase on the 4H and daily levels, and it is important to note that altcoins are generally experiencing a downward fluctuation. The contract strategy still focuses on short-term and swing trading. Additionally, pay attention to tonight's non-farm payroll data and tomorrow's Trump tariff policy.
Subscription Benefits:
Welcome family members to subscribe and enjoy laying out strategies in advance together. At the same time, the subscription also includes contract strategies for ETH and SOL, so don't just think about it, take action and subscribe quickly~