On August 25th, Qiqi's daily news share:
BTC is under short-term pressure, with market sentiment leaning bearish, and funds are flowing significantly from BTC to ETH.
ETH is showing strong performance, nearing historical highs, with $SOL leading the charge, but short-term volatility is intense.
The overall market is cautiously awaiting the interest rate cuts in September and the ETF catalysts in October, with fierce capital speculation and clear long-short divergences.
1. Last week, BTC ETF had a net outflow of $1.17 billion, and ETH saw a net outflow of $570 million. Notably, ETH began to see net inflows starting Friday.
2. BTC has fallen for three consecutive days, briefly touching 110680, creating a recent low. The reason may be low liquidity over the weekend, along with a significant sell-off of about 18,000 coins by ancient BTC whales.
3. Chinese concept coins surged strongly over the weekend, with #ONT , #QTUM , and #NEO rising for nearly a week, with increases exceeding 50%. This may be driven by news of China issuing stablecoins, purely speculative~
4. This week, $SUI , OP, and JUP, among others, will face a one-time large-scale token unlock, releasing a total value of over $100 million.