$BTC Global Market Shock: Emergency Strategies for the Crypto World, August 2nd, 3:45 AM!

Core Data: Nasdaq plummets 2% → Tech stocks sold off, Gold surges 2.1% → Risk aversion sentiment soars.

US Dollar Index breaks down, falling 1.21% → Risk assets get a breather.

1. Transmission of US Stock Market Collapse

Nasdaq drops 2.27% (Dow -1.24%, S&P -1.64%), tech stocks lead the decline.

Coinbase plunges 15%, Q2 performance disappoints expectations, crypto-related stocks broadly decline.

2. Roots of the Double Blow

Non-farm payrolls collapse, only 73,000 new jobs in July, expected 110,000, data for the previous two months revised down by 258,000, recession panic triggers leveraged liquidation.

Tariff escalation, Trump imposes 35% tariffs on Canada and others, global trade risk premium surges.

3. Crypto Battlefield Operating Suggestions:

ETH current price 3530, breaks weekly support, RSI(6)=20.47 enters epic oversold zone.

Strategy:

Current holders, reduce positions by 50%, place a buy order at 3480 for 30% + 20% pyramid bottom-fishing.

Break above 3580, chase long, target 3650, break below 3520, reverse to short, target 3450.

Once again, please set your take-profit and stop-loss levels, regardless of the entry point, don't say, 'Brother Xu, I am stuck... what should I do?'

Before liquidity recovery, cash is king!!!