1. Cryptocurrency Market Brief
Altcoin Market
(Excluding the top 10) The total market cap of altcoins is being suppressed by the EMA144 moving average, forming a triangular convergence. If it breaks below the short-term upward trend line, altcoins will revert to June's lows.
Total Cryptocurrency Market Cap
Total cryptocurrency market cap is in a correction.
Liquidation Heatmap
From the daily liquidation heatmap, 114K will also be broken.
Fear and Greed Index
Fear and Greed Index 56, rapidly declining.
2. Cryptocurrency Market News Brief
A whale closed over 21,000 ETH with a loss of 6.6 million USD and withdrew all 9.6 million USDC from Hyperliquid.
According to Lookonchain, whale 0x89Da has closed its long position of 21,683 ETH (about 93.5 million USD) with a loss of 6.6 million USD, and then withdrew all 9.6 million USDC from Hyperliquid, exiting the platform.Huang Licheng's long position has a floating loss of over 7.6 million USD due to market conditions.
According to Lookonchain, due to the market decline, Machi Big Brother (singer Huang Licheng) has a floating loss of over 7.6 million USD in long positions of ETH, BTC, HYPE, and PUMP, and has not yet been liquidated.Ethereum spot ETF saw a net inflow of 2.85 billion USD last week, setting a historical high.
Bitcoin spot ETF saw a net inflow of 548 million USD last week, with IBIT leading in net inflow.
In the past 24 hours, four whale addresses have increased their holdings of over 580,000 LINK, with a total value exceeding 31.83 million USD.
According to Ai Yi's statistics, four addresses have accumulated an increase of 580,995 LINK in the past 24 hours, with a total value of approximately 13.86 million USD. Among them, 0x99b…6A41E holds 273,060 LINK at a cost of $17.45, with a floating profit of 2.26 million USD; 0x4a8…91832 holds 321,362 LINK at a cost of $14.62, with a floating profit of 3.57 million USD; 0x4EB…3d5aF holds 721,294 LINK at a cost of $22.78, with a floating profit of 2.127 million USD; 0xa36…f66CC holds 275,001 LINK at a cost of $21.63, with a floating profit of 1.127 million USD. The total value of LINK held by these four addresses has reached 31.83 million USD.
3. Cryptocurrency Influencer News Brief
1. Top Trader Dove Eugene Ng Ah Sio
(Dove has not updated)
2. Trader Vivian
Long-term Market Analysis:
Updated at 8:05 AM Beijing time on August 18:
(Spot) Investor weekly closing update
This chart has not yet failed; we can continue to hold. The market share of BTC has already dropped, but BTC itself has not yet broken through. This means there will be a volatile breakout. The trend will first reach a point that seems to be breaking down, then suddenly make a large breakout. Before we see that segment of the market, the price performance will be relatively volatile. Let me explain the reason.
This is a very clean weekly level decline, clearly indicating the beginning of the altcoin market season.
As you can see, BTC has not broken through, but has returned to the previous week's candlestick.
What you haven't seen is this point:
Last week, only the whales opened long positions; others did not. Although it was a red candle (bearish), we still closed above their average price.
There is a large buy order of 3 billion around 112. This means that before the altcoin season really starts, there may be a needle sweep down again, touching the 110-112 range.
But if it really touches that, it will send both altcoins and BTC to historical highs.
The sell order quantity at 124K is only one-third of the buy order quantity at 112. So once these orders are filled, altcoins will be greatly lifted.
Due to the large red bearish candle on the BTC weekly chart, the bearish atmosphere will continue, and the market will be relatively volatile.
However, once this range is touched, and BTC.D drops back for a retest, some altcoins may rise 70-80% within 7-10 days.
(Vivian believes BTC will fall to 110-112K, and then break historical highs, with altcoins also experiencing a significant rise.)
3. Top Trader Reetika
Updated at 8:00 AM Beijing time on August 18:
The simple route is to move from 100,000 USD to 250,000 USD.
It seems that Bitcoin has forgotten this road, so it must first return to 100,000 USD and restart this simple journey.
(Reetika believes BTC will first return to 100K, then rise to 250K.)
4. Top Trader Altcoin Sherpa
Updated last night Beijing time:
I recently made an interesting observation about this wave of altcoin activity: most of the funds are flowing into valuable/reliable coins.
In the wave of market activity in May 2025, the main beneficiaries were large market cap meme coins (such as $WIF, $POPCAT).
So this time they cooled down, and it is reasonable for 'regular projects' to take over the rise.
Overall, this is a good reminder: rotation is very important, and the market's liquidity remains quite limited. Today's strong coins may not continue to rise or remain strong. At any time, the altcoins that are truly worth buying usually do not exceed 10.
(Sherpa believes that in the altcoin sector rotation, there are no more than 10 coins in the entire market that can rise.)
5. Top Trader Andrew Kang
Updated at noon Beijing time today:
I estimate that we will soon see about 5 billion USD of liquidations in ETH across the network, with the price being pushed to the 3200 - 3600 USD range.
(Andrew Kang believes ETH will drop below 3600 to clear leverage.)
6. Wave Theory Liu Yudong
August 18, 2025 Daily Chart
On August 13 and 14, it was said for two consecutive days that 'there will be a pullback risk after this rise reaches a new high.'
Two meanings: one is to reach a new high, the other is to be cautious of a pullback.
124474 has already formed a small top. Today's pressure line is at 117257; if it is below that, there is still downward momentum.
The upward trend line since 74000 has been broken today; if it remains broken for more than 2 days, there may be a continuation of the decline, with a minimum drop to 13780 USD.
(Liu Yudong believes that the major trend line has been broken; if it does not recover within 2 days, it will fall below 110K.)
5. Summary
Today, BTC ultimately broke below 117K, reaching the support level of 115K, but 115K is just a downward continuation; after a rebound, it will continue to fall, and the next step is the support level of 111-112K.
Now Awen's views are similar to Liu Yudong's; they both believe BTC will continue to fall, with Awen thinking there is a large buy order around 111K, which will touch the bottom. Liu Yudong believes it will fall to 110K and below. Although they both had two failures at the end of August, this time it might really be the wolf coming, so caution is necessary.
Predicting the market is difficult, but managing risk is simple: take profits early, set breakeven stop losses, and key position stop losses, etc. Only those who run fast can survive in the cryptocurrency world.
