This week's cryptocurrency market is turbulent, with the non-farm payrolls causing a deterioration in global risk sentiment, increased inflows to exchanges, and the impact of technical pattern breakdowns. The overall market atmosphere has turned cautious, with Bitcoin dipping to around 112,000, returning to approximately 114,000 on Monday, still below the 50-period simple moving average (SMA) around $116,852.
On August 1, "whale" accounts holding over 1,000 BTC contributed more than 70% of exchange deposits, with over 40,000 Bitcoins being sent to exchanges at low prices that day, marking the largest single-day inflow since mid-July.
On the same day, the U.S. Bitcoin spot ETF saw an outflow of $812 million, setting the second-largest single-day outflow record in history, as institutions took profits amid heightened macro uncertainty and tightening liquidity.
Three key support levels converge around 112,000: the May peak of $112,013; the 55-day exponential moving average (EMA) at $112,331; and a trend line support level of approximately $111,400#加密市场反弹 .