DingDing Top 10 Cryptocurrency Evening Report within 24 Hours
- ETH continues to show strength, once reaching about 4,200; watch for a pullback around 4,000–4,050 and a potential target of 4,400 #ETH
- The US spot BTC ETF recorded a net inflow of approximately 404 million USD on 8/8, risk appetite is recovering #BTC #ETF
- The spot ETH ETF saw a net inflow of about 461 million USD on 8/8, providing a bullish backing for the price #ETH #ETF
- Ivy League funds entering the market: Harvard's endowment fund holds about 116.7 million USD in Bitcoin ETF positions, institutional adoption is increasing #BTC #Institutional #ETF
- Coinbase opens DEX access to US users (excluding New York), centralized and decentralized operations running in parallel #DEX #DeFi #Base
- The SEC vs. Ripple lawsuit officially concluded, XRP sentiment and technicals are strong #XRP #SEC #Legal
- Policy trends continue: discussions about including crypto and alternative assets in 401(k) plans are gaining traction #Policy #401k #BTC #ETH
- DOGE has risen over 8% in the last 24 hours, watch for resistance in the 0.222–0.224 range #DOGE
- DeFi Risk: Sonic ecosystem's CrediX is suspected of 'running away,' increasing the risk; self-review is essential before interactions #DeFi #Risk
- Price Overview: BTC oscillating between 116k–118k, with volume converging; pay attention to the direction after consolidation #BTC
Comprehensive Trend Judgment
- Short-term: Bullish oscillation; observe if BTC can break 118k with volume and if ETH can hold above 4,000
- Mid-term: Bullish; ETF net inflows and institutional adoption strengthen the bullish narrative
- Risks: Uncertainty in regulatory details, thin liquidity over the weekend, and the contagion of individual DeFi events