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Aug 18, 2025, 10:00 – Aug 22, 2025, 16:00 (UTC)
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Data Analysis:
After last night's drop, the bulls have faced a round of liquidation, and currently, the overall market is dominated by bears.
The current price of Bitcoin is 118,000 USD. If it rises to 120,000 USD, it is expected that about 1.595 billion USD of short positions can be liquidated. If it falls to 116,000 USD, it is expected that about 1.684 billion USD of long positions can be liquidated.
The current price of Ethereum is $4540. If it rises to $4640, it is estimated that approximately $1.3 billion in short positions could be liquidated. If it falls to $4440, approximately $800 million in long positions could be liquidated.
ETF Capital Flow (Yesterday)
BTC Spot ETF: Net Outflow of 174 Million USD
ETH Spot ETF: Net Inflow of 63 Million USD
Market Opinion:
Market direction: Fluctuating sideways. From the current market trend, the overall market and Ethereum on the 4H chart are still in a fluctuating sideways phase. The main decline was due to U.S. Treasury Secretary Yellen's statement last night that cryptocurrency reserves would not be purchased and that confiscated assets would be used for reserves. She later clarified and supplemented her statement, which misled the market and triggered panic selling, leading to a rapid decline.
I personally believe that with the decline of the overall market Ethereum, it is actually the right time to gradually enter with spot purchases, especially for popular and liquid mainstream coins. Previously, there hasn’t been much opportunity to enter as the overall market Ethereum rose. Now that it has dropped, it is a good time to plan for buying. As for contracts, it should still follow a steady approach, focusing on swing or short-term trades first, and we will see how it goes after the overall market Ethereum changes direction.
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