Greeks.live: English group sentiment has sharply turned from cautiously optimistic to bearish concerns

According to a report from CoinWorld, on August 26 (UTC+8), Adam, a macro researcher at Greeks.live, published an English community briefing stating, "The group sentiment has sharply turned from cautiously optimistic to bearish concerns due to a massive 4k point liquidation waterfall that forced BTC down from nearly 114k to 110k. Despite the severe volatility, traders remain divided; some believe 110k is the bottom, while others expect further declines. However, most think this volatility is a result of excessive leverage being liquidated." Additionally, he published a Chinese community briefing saying, "The group shows clear divergence on the market; ETH hitting a historical high around 4900 has sparked bullish sentiment, but BTC's drop to around 110k has left holders feeling disappointed. The market is generally focused on whether the 4550 support level and 110k will hold or break, resulting in significant divergence for the outlook ahead."