🧠《Evening Summary》|2025-08-18

📰 Major Positive / Negative News:

- Over the past week, more than **12,000 BTC** have been transferred from whale addresses to exchanges, triggering profit-taking pressure in the market, causing a pullback to the $115K range (negative news).

- Japanese financial regulators are expected to soon approve the first yen stablecoin JPYC (positive for the development of stablecoin diversity).

- Bahrain has launched the TouristDigiPay project, allowing tourists to exchange cryptocurrencies for Thai Baht, promoting the practical application of cryptocurrencies (positive for payment application expansion).

📈 Real-time Market:

BTC:

Latest Price: $115,056

Daily High/Low: $118,519 / $114,742

ETH:

Latest Price: $4,288.58

Daily High/Low: $4,563.76 / $4,236.06

🛂 Regulatory Updates:

- Bahrain's TouristDigiPay has launched, promoting the practical application of cryptocurrency payments (positive news).

- The first yen stablecoin in Japan may be approved, which could promote the international use of stablecoins (positive news).

📊 Fund Trends:

- BTC whales have significantly transferred Bitcoin to exchanges this week, indicating selling pressure.

- Tip: You may want to follow Whale Alert or on-chain data platforms to see if there are any new large inflow/outflow activities.

🧠 Brief Commentary:

- The market is currently in a profit-taking phase, with the inflow of 12,000 BTC to exchanges being a clear volatility signal;

- ETH and BTC are both pulling back, and if stablecoin payments and tourism payment applications continue to advance, it could provide long-term support for the market;

- The short-term direction is still unclear, and it is recommended to observe financial policies and on-chain fund changes.

- “Do you think the migration of 12,000 BTC reflects the beginning of profit-taking, or is it a buying opportunity after a correction?”

- “What do you think about the approval of Japan's stablecoin and the launch of TouristDigiPay as two positive upward signals?”

- “Will the market continue to fluctuate in the short term, or can these positive news items drive the market back upward? Feel free to discuss in the comments!”