The current cryptocurrency market shows the following characteristics:

1. Capital flow divergence: Bitcoin spot ETFs continue to see net outflows (last week $1.17 billion), while Ethereum ETFs still receive capital inflow, indicating a shift in market preference towards ETH. Japan's Metaplanet and other institutions continue to increase their BTC holdings (reaching 18,991 coins).

2. Price volatility intensifies: BTC oscillates around the key support level of $110,000, while ETH fell back to around $4700 after breaking its historical high, with whale sell-offs and leverage liquidations amplifying volatility (over $600 million liquidated in 24 hours).

3. Policy and macro impacts:
- Japan plans to reduce the cryptocurrency tax rate from 55% to 20%, promoting ETF development;
- Federal Reserve's interest rate cut expectation in September rises (probability 87.3%), which may benefit market liquidity.

4. Industry Trends:
- Arthur Hayes predicts the bull market will continue until 2028, optimistic about stablecoins and DeFi (such as Ethena, Hyperliquid);
- Institutions are accelerating their layouts (e.g., Robinhood's acquisition of Bitstamp), deepening the integration of traditional finance and cryptocurrency.

Summary: The market is in a high volatility adjustment period, with ETH performing better than BTC. Policies and institutional actions provide support for a long-term bull market, but short-term attention is needed for leverage risks and token unlocking selling pressure.

Mainstream Coins


$BTC

Recently facing huge selling pressure, sharply dropping below $111,000, with whales selling 24,000 BTC exacerbating the decline. However, Japan's Metaplanet continues to increase holdings, showing long-term institutional optimism. Technically, a daily close below 112,800 will pull back to 92,000, but the CME gap at 117k may form support. Short-term bearish, but long-term fundamentals remain strong.


$ETH

Breaking new highs, technically bullish, but caution is needed for short-term pullbacks. Institutional funds continue to flow in, with net inflows into ETFs increasing, indicating strong fundamentals. Whale activities are frequent, with some taking profits, but large purchases show long-term confidence. It is recommended to accumulate on dips, targeting $10K.


$SOL

Recently performing strongly, breaking through $215, it may challenge $260. Technically bullish, but caution is needed for market volatility. Meme coins within the ecosystem like $BONK also have opportunities. It is recommended to accumulate on dips and pay attention to key resistance level breakthroughs.


$BNB

Recently performing strongly, breaking through $900 to create a new historical high, with a 33% increase in daily active addresses and an increase in institutional holdings. Binance activities boost the hype, bullish in the short term to $1000. However, caution is needed for market correction risks; buying on dips is more prudent.

Hot Coins


$HYPE

Recently, the hype has soared, with Hyperpiexyz's ve(3,3) model and airdrop mechanism attracting capital inflow. Arthur Hayes is bullish to $5700, but caution is needed for short-term FOMO risks. On-chain arbitrage opportunities are increasing; long-term attention can be paid to ecological development.


$BIO

Recently, there has been an increase due to the launch of launchpad V2 and the first project going live, but it faces short-term profit-taking pressure. Investors can pay attention to the 0.3 support level; if it stabilizes, there may be a second chance for a rally. Long-term observation of ecological development and project quality is necessary; currently, the hype is high but sustainability is in doubt. Cautiously chase highs and buy on dips.


$NRV

Recently, the pre-sale has been hot, and under the dual narrative of AI + Web3, it is worth paying attention to. Its decentralized computing power market and data NFT model are novel, and combining fixed supply + burning mechanism may bring scarcity. In the short term, pre-sale hype may push prices up, but caution is needed for intense competition in the AI sector. BSC + ETH cross-chain design enhances liquidity potential.


$PENGU

Recently facing NFT liquidation pressure, but IPO plans and ETF expectations bring long-term benefits. The technical chart shows a bullish flag pattern, and after breaking the 0.033 support, it may rise 40% to 0.047. High short-term volatility, but Asian expansion and physical cooperation solidify the fundamentals, allowing for positioning on pullbacks.


$TRX

Recently, there has been a large on-chain transfer, with nearly $100 million flowing from HTX to Binance, which may indicate short-term selling pressure. However, the listed company TRON holds 365 million TRX ($131 million), showing institutional long-term holding confidence. Attention is needed for price support after exchange inflows; if it stabilizes at the 36.5M support level, there may be a rebound opportunity.


$SUI

Recently facing the unlocking of 44 million tokens (September 1), valued at approximately $155.7 million, which may bring short-term selling pressure. However, on-chain data shows TVL hitting new highs, with DEX trading volume exceeding $13 billion, indicating strong fundamentals. If the market digests well after unlocking, there may be a rebound opportunity. Caution in the short term, bullish in the medium to long term.


$LINK

Recent trends are diverging, with whales frequently buying and selling, indicating market divergence. Long-term, Chainlink serves as a core infrastructure for TradFi on-chain, showing strong fundamentals, but caution is needed for short-term profit-taking pressure. If it holds above $26, it may target $34.


$HUMA

Unlocking is imminent, and short-term selling pressure may create buying opportunities. Staking APY of 10%+ and airdrop incentives create strong holding motivation. PayFi sector shows significant growth (trading volume $5.9B). Pay attention to the 0.026 support level; if it holds, it can be positioned, otherwise, wait and see. After unlocking, there may be a golden opportunity.


$FARTCOIN

Recently gained significant attention from whales, with 0x31F9 investing $750,000 to buy 840,000 coins, showing large capital layout. After a false breakout, there is a rebound in the demand zone with strong support; short-term bullish to the range high. However, caution is necessary for the risk of competing products like $BUTTPLUG diverting funds. Whale movements + trend breakthroughs create trading opportunities.

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