Focus on Powell's Speech

Overall Market Under Pressure: Digital assets generally fell, with spot Bitcoin and Ethereum ETFs experiencing outflows for 4 consecutive days, totaling $1.9 billion.

Investors Turn to Defensive Positions: The put/call ratio in the options market rose to 1.33 (>1 indicates bearish sentiment dominates), with the largest open interest concentrated in $110,000 put options, indicating market concerns about a short-term correction.

Focus on Powell's Speech: The market is highly sensitive to signals from the Federal Reserve's monetary policy. If Powell releases hawkish statements (such as delaying rate cuts or emphasizing inflation risks), it may further depress the crypto market.

Imitation Strategy Momentum Weakens: The market rally previously driven by "imitation trading" strategies is waning.

💡 Investment Advice:

Short-term Cautious Operations:

Before Powell's speech (prior to the August 22nd options expiration date), it is recommended to reduce high-leverage positions and avoid blindly chasing gains.

Consider allocating a portion to put options or hedging strategies (such as buying PUT options) to guard against downside risks.

Pay Attention to Policy Signals:

If Powell releases dovish signals (such as hinting at a rate cut in September), it may boost market confidence, and you can seize the opportunity to deploy undervalued quality assets (such as BTC/ETH).

If he makes hawkish statements, be wary of further downside risks. It is recommended to maintain cash or stablecoin positions and wait for opportunities to buy the dip.

The Medium and Long-Term Layout Logic Remains Unchanged:

The market's short-term volatility is greatly affected by macro sentiment, but the long-term trend of blockchain technology development and institutional adoption remains unchanged.

You can build positions in mainstream assets (BTC/ETH) or undervalued blue-chip tokens (such as SOL, BNB) in batches on dips, avoiding heavy positions all at once.

Avoid High-Risk Targets:

Meme coins, highly valued altcoins, etc. are more affected by market sentiment. It is recommended to avoid them for the time being and prioritize assets with good liquidity and solid fundamentals.#加密市场回调