Brothers, pay attention, large holders and institutions have started to unload to hedge their risks. The news is stirring, and tomorrow we have the Federal Reserve's interest rate decision and Powell's monetary policy speech, followed by the non-farm payroll data and the third round of tariff announcements.

With significant news emerging, the market may face liquidity risk. Additionally, Hong Kong will officially implement the world's first comprehensive regulatory framework for fiat-backed stablecoins on August 1, which will also impact the market.

It is evident from the daily ETF data of BTC and ETH that there has been a significant shift from a large historical net inflow to an outflow of 83 million for BTC and 5 million for ETH yesterday. Although the amounts may not seem large, there is a noticeable difference in market trends between yesterday and today. Currently, the market is only exhibiting risk aversion, and liquidity risk has not yet appeared.

Since yesterday, altcoins have started to experience significant corrections. As of 2 PM yesterday, among over 1,400 altcoins on Binance, more than 85% have seen corrections, with over 600 coins correcting between 7% and 10%.

As of 2 PM today, nearly 90% of coins in the market have experienced significant corrections, most of which are between 3% and 5%.

In this context, with both BTC and ETH oscillating at high levels, the overall correction in altcoins indicates that everyone is waiting for the news to materialize. #白宫数字资产报告 #以太坊十周年 #美联储利率决议 #ETH #BTC