Good evening friends #加密市场回调 🫰 Today is the beginning of August, and also a new start. Wishing everyone abundant wealth and continuous good luck ahead, let's receive red envelopes 🎆🎆🧧🧧🧧♥️♥️💴💵💶💷💸
#Hawk Hello August, a new month, may the days be passionate and filled with good fortune~ Together with #Hawk中文社区 , spread the concept of freedom and do meaningful things! #美国加征关税 #加密市场回调 #美国初请失业金人数 $BTC $ETH $BNB
In tribute to Bitcoin, fighting for human freedom, the White-headed Eagle $Hawk is born extraordinary! Mission, vision, and goals are steadfastly pursued and will surely be achieved! #WhiteHouseDigitalAssetsReport #USInitialUnemploymentClaims #PublicCompanyCryptoReserveStrategy #BinanceHODLerAirdropTREE #StablecoinFever
Crypto Market Sheds $635M in Liquidations as Altcoins Drop Up to 7% ??
The crypto market sold off big time on Friday after the US Federal Reserve decided to hold interest rates steady at 4.25% to 4.50% for the 5th time in a row. The pause, combined with tariff talks and economic uncertainty, had traders dumping positions and putting the brakes on the long awaited altcoin season. Investor anxiety over short term volatility spiked as $600M in long positions were liquidated, the momentum shifted. Rate cuts were delayed and risk taking was discouraged especially in altcoin markets where speculation is higher.
Altcoins Lead the Decline Solana (SOL), Dogecoin (DOGE) and Cardano (ADA) led the way down. Each of these coins were down 7% in the last 24 hours but still up for the month. Short term correction. The market drop coincided with Bitcoin (BTC) investors taking $6B in profits and a broader profit taking across the crypto space. Key figures for the last 24 hours: 🪷🔸Solana (SOL): $34.86M in long liquidations 🪷🔸Cardano (ADA): $5.74M in long liquidations 🪷🔸Dogecoin (DOGE): $18.37M in long liquidations 🪷🔸BTC realized profits: $6B+ 🪷🔸Average price drop in SOL, ADA, DOGE: 7% All three coins are still up for the month so once the market stabilizes they should recover. Bearish Sentiment in Derivatives Derivatives market went bearish as total crypto liquidations for the last 24 hours was $635M with $577M in longs being liquidated. Clearly the bulls are bailing. CoinGlass shows increasing short positions in major altcoins: 🪷🔸Solana: 51.96% short vs 48.04% long 🪷🔸Cardano: 52.48% short vs 47.52% long 🪷🔸Dogecoin: 51.88% short vs 48.12% long The imbalance shows sell side pressure is increasing as traders are positioning defensively with uncertainty.Investors are also getting nervous. CoinMarketCap’s Crypto Fear and Greed Index is at 57, down from 62 yesterday. Still neutral but shows how fast sentiment can change in volatile times. Fed is holding firm on rate cuts and global macro risks are out there, get ready for more crypto price swings before things clear up.
Based on market data and related analysis as of August 1, 2025, the current trend of Ethereum (ETH) can be analyzed from the following key points: - The current trading price of ETH is approximately **$3,854** (as of July 29 data), down slightly by 0.82% in the past 24 hours, but up 4.11% for the week. - The technical indicators show that ETH is testing the key resistance level of **$3,900**; if it breaks through, it may further challenge **$4,100**, or even **$5,000**. - The 50-day and 200-day moving averages (SMA) are **$2,836** and **$2,404**, respectively, with the current price significantly above the moving averages, indicating an overall bullish trend.
2. **Market Sentiment and Fund Flows** - **Bullish Signals**: - Institutional funds continue to flow in, with a net inflow of ETH ETF reaching **$512 million** in July, setting a new annual high. - The exchange ETH reserves have dropped to the second-lowest level in a year, indicating a tightening market supply, which may drive prices up. - **Bearish Signals**: - Over **700,000 ETH** are waiting to be unstaked, which may increase market selling pressure. - Coinbase ETH premium turned negative, indicating reduced interest from U.S. investors.
### 3. **Technical Indicators and Key Levels** - **RSI (14-day)** is **80.01**, indicating an overbought condition, with a potential short-term pullback or consolidation. - **Support Levels**: - **$3,800** (psychological support) - **$3,500–$3,300** (key demand zone). - **Resistance Levels**: - **$3,900–$4,000** (short-term target) - **$4,100** (after breakout or accelerated rise).
4. **Analyst Predictions Divergence** - **Optimistic Prediction**: Some analysts believe ETH could break **$5,000** in August, especially if it breaks through the **$4,100** resistance level. - **Cautious View**: Overbought RSI, unstaking, and institutional sell-offs (such as the Ethereum Foundation selling **25,833 ETH**) may trigger a short-term pullback.
Today's Trend Outlook - **If it breaks above $3,900**: It may test **$4,000–$4,100**, or even trigger a short squeeze to accelerate the rise. - **If it falls below $3,800**: It may retest the **$3,500** support zone, and market sentiment changes should be monitored.
Overall, the trend of ETH today may be influenced by both non-farm data and technical factors, and it is recommended to closely monitor the breakout situation in the **$3,800–$3,900** range and combine on-chain data (like exchange inflows/outflows) to determine the short-term direction.
Many people overlook a question: The more decisions are left to AI, the less anyone can verify its reasoning process.
Lagrange is addressing this blind spot— using ZK proofs to mark AI reasoning with a truth watermark.
- Running off-chain, verifying on-chain, data not exposed, logic trustworthy; - Over 3 million AI reasoning instances have been proven, significantly reducing hallucination rates; - Dynamic zk-SNARKs updated in seconds, no need for full recalculation; - Collaborating with EigenLayer, WachAI, and others to maintain trustworthy boundaries.
AI is the future, ZK is trust. Lagrange is not dreaming of AI; it is setting the rules for it.
The main force is consolidating with a slight pullback. While everyone is starting to be bearish on $WCT, it has already formed a double bottom around 0.29. The pattern doesn’t look great, but it is very practical—the main force doesn’t want the bottom to be easily exposed; the uglier it looks, the greater the potential explosion.
The data also confirms this: active addresses on the chain are gradually increasing, transfers are becoming more frequent, and wallet integration messages are constant. This is not a rush; it is a patient buildup. It’s important to know that in every bull market, wallets benefit first. Currently, the coin price remains relatively stable with no significant fluctuations. It is recommended to build positions in batches $WCT @WalletConnect #WalletConnect