According to the current liquidation map, the overall market is dominated by long positions. Based on the current Bitcoin price around $114,100, if the market fluctuates by another $2,000 up or down, and rises to around $116,100, it is expected that the total liquidatable short amount could be about $800 million. Conversely, if the market drops to around $112,100, the total liquidatable long amount could be about $740 million.
Market direction is primarily in a sideways trend. From the current market trend, there has been a slight rebound overall, and Ethereum and altcoins have also followed suit. However, the overall rebound strength is limited. I personally believe that the market will continue to primarily oscillate sideways, with operations still focusing on short-term/band trading. Additionally, pay attention to this week's CPI data release.
1.5 billion liquidation trap! Bitcoin is consolidating and waiting for a breakout! Will Ethereum break 4000 this week? Buy the dip on 4 altcoins that surged 100 times in bullish markets!
WLD
Worldcoin (WLD) is currently priced around $1. Its resistance level is at $1.56, with support near $0.90. In the past week, its price has dropped nearly 17%, but there has been a slight increase over the past month, with a rise of just over 2%.
Looking ahead, if WLD can break through the nearby resistance level, its price is expected to rise to $1.89, which means it could increase by about 35% from the bottom of the range. The RSI for Worldcoin is close to the midpoint of 55, indicating some upward potential. However, it must first stabilize and break through the current resistance.
NEAR
A modern Layer 1 blockchain that achieves scalability through sharding technology, with tokens used for trading, staking, and governance, consistently ranks among the top blockchains. Recently performed well: rebounding from $2.52 to $2.73 (up 8.27%) from July 30-31, currently at $2.47 (up 3.41% in 24 hours), with a cumulative increase of 14% over 30 days (18 trading days up).
Technical indicators are mixed (RSI 40.68, under pressure), market sentiment is somewhat positive (fear and greed index at 55, categorized as 'greedy'), with solid fundamentals, worth monitoring.
INJ
A high-speed Layer 1 blockchain built for DeFi, supporting spot/derivatives trading and cross-chain functionality, resistant to MEV, has processed over $10 billion in transaction volume and supports hundreds of dApps. Recently completed the Ethernia mainnet upgrade, launching the world's first real-time EVM blockchain, enhancing certainty, reducing fees, and improving developer flexibility.
Outstanding performance: annual revenue exceeding $14.1 million, outperforming competitors like Polkadot, currently at $12.78 (up 4.43% in 24 hours).
JUP
A decentralized trading platform in the Solana ecosystem, centered around a swap aggregation engine that helps users get the best prices, is a key part of the Solana liquidity infrastructure. Recently upgraded to Jupiter Verify v4, it added features like status tracking and smart social signal checks, enhancing anti-fraud capabilities and simplifying the token listing process.
Currently reported at $0.47 (up 3.3% in 24 hours), it has risen over 30 days with 17 trading days, showing robust liquidity (24-hour volume market ratio of 0.0851). Technically bearish, but market confidence is moderate (fear and greed index at 55), with strong community support, worth paying attention to.
