The cryptocurrency market has recently shown a trend of consolidation. BTC tested the key support level of $112,000, while ETH is strong in the short term but faces resistance at $4,380. The market is focused on the Federal Reserve's policy direction, with September rate cut expectations cooling to 75%. Institutional capital flow is diverging, with continuous net outflows from Bitcoin ETFs, while Ethereum ETFs have seen inflows. Platform tokens (such as OKB) performed well but with increased risks. Macroeconomic uncertainties (such as Federal Reserve speeches) may trigger volatility, and cautious operations are recommended in the short term, while still being optimistic about ETH's potential for a rebound in the medium term.

Mainstream coins


$BTC

Currently fluctuating around $112K, options data show a conservative market (Put/Call 1.3), but whale purchases of 16K BTC on dips suggest a short-term bottom. If it falls below $112K, it may test $108K, but macro on-chain financial expansion and institutional reallocation of ETH/BTC indicate long-term value. Pay attention to the impact of Powell's speech on rate cut expectations this Friday. Key support is at $112K; if it breaks, it turns bearish.


$ETH

Recently performed strongly, with significant ETF inflows (net purchases of $287 million on August 21) and continuous accumulation by whales (such as a certain OG purchasing 50,000 spot + 135,000 contracts). The options market Put/Call Ratio of 0.82 indicates bullish sentiment, but caution is needed regarding the key resistance level of $4,400. Short-term volatility has broken 80%, suggesting positioning on dips.


$SOL

Recently found support around $180, and a rebound is expected after a technical adjustment. The on-chain ecosystem is active, with the transformation of Pumpfun and ETF applications benefiting the fundamentals. However, attention should be paid to capital diversion from competing products like $OKB. The short-term outlook is bullish, targeting $200, with a stop-loss at $170.


$BNB

Recently reached new highs, showing strong upward momentum. Overall performance of platform tokens is outstanding, with $BNB benefiting from Binance's strict management and continuous innovation. The short-term outlook is bullish, but caution is needed regarding changes in market sentiment and BTC volatility. A target price of $1,000 is achievable, but fundamental support should be monitored.


$YZY

Short-term bearish, plummeting 70% within 24 hours, and suspected insider wallet selling of $24M. Despite exchange listings and hype from events, it lacks fundamental support and poses extreme risk. Consider shorting on highs, but be cautious about volatility risks.


$LINK

Recent performance has been strong, with low liquidation pressure in the futures market and a bullish technical outlook. The fundamentals are robust: Chainlink's reserves continue to increase (150,000 tokens), it has obtained ISO 27001 certification, and it has deployed on a non-EVM chain (APTOS) for the first time. The medium to long-term outlook is bullish, with short-term attention on the $25 resistance level.


$HYPE

The ecosystem has been active recently, with the launch of Hyperpie bringing new Meme gameplay, and the combination with airdrop expectations may attract capital inflows. In the short term, consider Delta neutral strategies (54% APR), but monitor funding rates. In the long term, the growth of HyperEVM (2 billion TVL) and protocol revenue ($250 million) support the fundamentals, but be cautious of Meme project volatility risks.


$AVAX

Recent performance has been strong, with DEX concentration metrics showing high ecosystem efficiency, and the new DEX Blackhole dominating liquidity. The number of wallet addresses has increased by 1150%, indicating strong fundamentals. In the short term, it may rise due to market sentiment, but caution is needed regarding potential selling pressure from Coinbase staking issues. The medium to long-term outlook is bullish, with a target price of $1,000.


$SUI

Recently launched on Robinhood, bringing in incremental users and liquidity, with the ecosystem continuing to expand (Phantom, OKX, Grayscale, etc.). The high concentration in DEX shows real demand, with strong on-chain data (23 million users). There may be volatility in the short term, but the long-term growth potential is significant, focusing on the key level of $10.


$AAVE

Recent performance has been strong, expected to accelerate after breaking the key resistance level of $316. Its strategic expansion to the Aptos non-EVM chain, combined with Chainlink oracles, has enhanced its multi-chain layout and fundamental value. Current DeFi yield looping strategies (such as USDe) remain attractive, with APY reaching over 50%. The short-term bullish target is $1,400, but caution is advised regarding market volatility.


$PENGU

Recent performance has been strong, with a 24-hour increase of 0.9%, maintaining a position in the top four. Collaboration with Polkadot and the launch of the Web3 game Pengu Wonderland have enhanced its IP value and application scenarios. Short-term outlook is bullish, with a high probability of breaking into the top three, but attention should be paid to the overall volatility risk in the NFT market.


$TAO

Recent performance has been volatile, but the fundamentals are strong. The AI sector is highly heated, and project teams are attracting creators to participate in the ecosystem through innovative mechanisms like Subnet 23, lowering mining thresholds. A Norwegian company has included it in its treasury, indicating institutional recognition. Short-term volatility is expected, but the long-term outlook is bullish, allowing for positions to be built on dips.

The above information is generated automatically by @xhunt_ai and does not constitute investment advice.