Market Sentiment on 8/11
Greed/Fear Index: 69, market sentiment is high again, altcoins are leading while Bitcoin remains stagnant, multiple favorable news have erupted simultaneously, creating an epic boost in liquidity. However, at the current position, Bitcoin and altcoins are leading, but altcoins are in a wait-and-see state. Liquidation Data: A total of 107,000 people were liquidated in the last 24 hours, with a total liquidation amount of 350 million, mainly in Bitcoin long positions. Liquidation Structure: In the past 30 days, Bitcoin long liquidations have reached 13.6 billion USD, while short liquidations were 6.4 billion, with short intensity sharply reduced by 60%.
The daily net inflow for Bitcoin ETF can only be seen from last Friday, but according to Block Rhythm news, BlackRock's IBIT (ETH ETF) has seen continuous net inflows for 13 weeks.
