The cryptocurrency market has recently shown significant volatility and active institutional engagement, with overall risks and opportunities coexisting. Bitcoin (BTC) price quickly fell below $112,000 after breaking through $113,000, indicating a bullish market but increased volatility 📉. El Salvador increased its holdings by 7 BTC (total holdings reached 6,256.18 BTC), and the South Korean company Bitmax increased its holdings by over 56 BTC (total holdings exceeded 500 BTC), reflecting strong institutional confidence and driving potential upward space. If BTC breaks through $118,136, the liquidation intensity of short positions may reach $2.201 billion, necessitating caution against liquidation risk 💥. In the past 24 hours, the total liquidation across the network was $628 million, with long positions accounting for 85%. Binance saw a net inflow of $72.81 million USDT, with strong capital inflow supporting market recovery 📈. Regarding Ethereum (ETH), Sharplink increased its holdings by 15,822 ETH (approximately $53.68 million), and a whale added 10,000 short positions with a floating profit of $12.25 million, indicating active engagement in the 'four battles with a 75% win rate' strategy, but the funding rate was only 0.0047% and the position volume decreased by 9.15% in 24 hours, indicating short-term pressure. If ETH breaks through $3,571, the liquidation intensity of short positions will reach $2.273 billion, which could easily trigger a blockchain reaction 📉. In addition, the SatLayer airdrop is open until August 9, B3 unlocked $4.38 million worth of tokens, and the potential capacity crisis from Sam Altman's new model adds uncertainty to the market. Overall, the cryptocurrency market favors bulls, but frequent liquidations (accumulating over $369 million in the past 24 hours) suggest cautious operation. Investors are advised to pay attention to institutional trends and regulatory dynamics (such as Hong Kong's stablecoin regulations) and to moderately decentralize allocations to cope with volatility risks 💰. Stay optimistic but rational, as the market may welcome rebound opportunities 📊.
