🔈Remind the cash flow map for everyone.
⏯️A few notable on-chain events on 25/8:
✅️Whales continue to accumulate BTC in the price range of 110. If the daily candle closes above 113, the chart remains fine; otherwise, in the 110-112 range, we may see a tail down to 107.
✅️Some shark wallets have sold BTC to move capital to ETH and Sol.
✅️ETH is entering a short-term profit-taking zone, so it's advisable to limit long positions and avoid buying in this area; wait for RSI to reset.
✅️The STH index <1, indicating many short-term traders are facing losses.
✅️The monthly RSI is at 73, still has room to go up, however, it needs to close above 113. #BTC #ETH