📉 Crypto Market Deep Correction: Trap or Golden Opportunity? Over $300 million in liquidations across the network, institutions are quietly bottom-fishing!
🔥 Market Status: Blood flows like a river, BTC remains rock solid, altcoins face brutal sell-offs!
Total Market Capitalization Evaporated: The global crypto market plummeted $66 billion within 24 hours, shrinking total market cap to $3.83 trillion, with a daily drop of over 5%.
Bitcoin (BTC): Slight decline of 0.1%, holding steady at the $118,860 mark, demonstrating its safe-haven properties, but the miner shutdown price of $78,000 is a critical defense line.
Altcoin Collapse:
ETH: Plummeted to $3,673, triggering over $179 million in long liquidations, with over 640,000 ETH queued for unlocking increasing selling pressure;
SOL, DOGE: Fell 5% and 6%, respectively, XRP broke below the $3.15 support;
BTC dominance rose to 59.3%, as funds accelerate fleeing high-risk assets.
🧩 Four Major Reasons for the Correction: Policy Black Swan + Leverage Squeeze
Regulatory Bad News Hits in Waves:
SEC Delays ETF Approval: Truth Social Bitcoin ETF, Grayscale Solana ETF delayed until September-October, institutional entry expectations dashed;
Trump's Tariff Impact: From August 1, a 15-20% tariff on global imports, escalating trade frictions leading to capital flight from risk assets.
Federal Reserve's 'Hawkish Standstill':
On July 30, the Federal Reserve kept interest rates unchanged, ignoring Trump’s pressure to “cut rates to 1%”, with liquidity gates tightly closed, and rate cut expectations postponed to September.
Whale Hunting + Leverage Liquidations:
Large holders set traps in ETH at $3600-$3700, accelerating declines with high leverage long liquidations;
The total liquidation amount across the network exceeded $300 million within 24 hours, with SOL and MEME coins being heavily affected.
Geopolitical Uncertainty:
Trump threatens to abolish the debt ceiling, shaking the dollar credit system, undermining Bitcoin's narrative of “debt crisis resistance”.
💡 Key Signals: Look Here for Bottom-Fishing Opportunities!
Institutional Reverse Operations: BlackRock bought 27,000 ETH (about $100 million) in one day through the ETF channel, showcasing “retail investors cut losses, institutions take over”;
Long-term Confidence Remains: December 2025 BTC futures premium at $103,000, suggesting optimism for the future;
💎 Ultimate Conclusion: The correction may be the “golden opportunity” of a bull market, but strict discipline is required!
Short-term (August): Tariffs + Federal Reserve double pressure unresolved, primarily wait-and-see; stop-loss if ETH breaks $3,677;
Long-term: BTC $500K, ETH $20K targets unchanged, the correction is a window for wealth redistribution.
