🤔 Federal Reserve, hurry up! Stop drawing lines randomly! 😅

Today's cryptocurrency news summary 💸💸💸

🌝 Ethereum ETF records the second-largest single-day outflow in history ($197 million)

Key impact: BlackRock and Fidelity saw a combined outflow of $166 million, with net outflows intensifying for three consecutive days, causing ETH to drop below $4100.

Market response: ETH funding rate dropped to -0.01%, short positions increased to 65%, and the fear and greed index fell to 44 (fear).

🌚 900,000 ETH staked unlocked in queue ($3.9 billion selling pressure)

On-chain bomb: Exit waiting time reached 15 days and 18 hours, historical data shows that such events are usually accompanied by a drop of 5%-7%.

🌝 Federal Reserve's hawkish expectations suppress risk assets

Event catalyst: Before Powell's speech at 20:30, traders bet that the probability of a rate cut in September dropped to 85%. If retail data > 0.8%, it could trigger a sharp drop in BTC to $105,000.

Related market: Nasdaq fell 1.46%, Coinbase's stock plummeted 5%, and crypto stocks crashed across the board.

🌚 BlackRock holds 3% of Bitcoin (660,000 coins) causing controversy

Bull-bear standoff: Institutional accumulation vs. centralized risk, XBIT exchange's traffic surged by 70% in a single day (retail investors migrating to decentralized platforms).

I have experienced two cycles of bull and bear markets, and I have professional strategies to recover losses, focusing on mid to long-term waves. I just transitioned to Binance, please pay close attention. 😇