The market is currently approaching the last line of defense for bulls, but the situation remains grim. The premium index in the spot market has fallen into negative territory, and the continuous outflow of USD spot funds remains unexplained.

Overall, the market is showing signs of a sustained retreat, even ETF data reflects a pessimistic trend. This lukewarm downward trend is truly frustrating for sentiment!!!

If the market really breaks this key support level, the next focus may be on the 110000 or 108000 positions. #BNB创新高 #杰克逊霍尔会议 #加密市场回调 #Strategy增持比特币 #ETH质押退出动态观察 $BTC $ETH $BNB