#MarketTurbulence Corrections and "Opportunities"

Current Facts:

- BTC Price: 118,895 USD (decrease 3.05% in 24h).

- ETH Price: 4,635 USD (decrease 2.21%).

- Total Market Cap: 4.03 trillion USD (down 3.49%).

- Liquidations: 1 billion USD in the last 24h.

Causes:

1. The US PPI index increased by 0.9%, hurting hopes for interest rate cuts.

2. The US Treasury announces: "We will not buy BTC", although three months ago they said otherwise.

3. A trader loses 87 million USD on Hyperliquid – just an expensive joke.

Key News:

- MicroStrategy buys 155 BTC (total: 628,946 BTC), ignoring the chaos.

- Ethereum ETFs attract 4.7 billion USD in August, as optimism is free.

- The EU intensifies regulations for stablecoins, because safety is an option.

Forecasts:

- BTC may test 110,000-112,000 USD in 7 days – just a "healthy correction".

- ETH has a 64% chance of reaching 5,000 USD by September, if we ignore the smell of panic.

- BTC RSI at 74: markets are just "enthusiastic", not overheated.

Conclusion:

Turbulence is fueled by profit-taking and contradictory government statements. Follow closely:

1. The FED meeting (August 22) – where central banks tell us that inflation is "transitory".

2. If ETH exceeds 4,700 USD, we will claim we knew from the start.

3. Institutional flows: the only indicator that never lies. Until it does.

Source: CoinGecko, FED Minutes.