Jermaine Verkamp KPuD

Bitcoin $BTC
(BTC) has just triggered market-wide panic, crashing from its recent high of $123,218 to a daily low of $112,722 — wiping out nearly $10,500 in value within a few days. As of now, $BTC BTC is trading around $113,141, marking a sharp -2.47% drop in the last 24 hours.
Real-Time Price Snapshot (Aug 1, 2025):
Current Price: $113,141
24h High: $116,362
24h Low: $112,722
Volum (USDT): $2.9 Billion
Volume (BTC): 25,214 BTC
❗ What’s Triggering This Sharp Sell-Off?
🔸 1. Technical Breakdown:
BTC has broken down from key supports:
$118,900 → $115,500 → $113,776
These levels were acting as strong demand zones, but now flipped into resistance, confirming a bearish structure.
🔸 2. Whale Selling at Peak Levels:
Whales likely offloaded huge volumes at the $123K region, creating cascading liquidations and triggering automated stop-losses.
🔸 3. Weak Buyer Reaction at Supports:
Even as BTC touched $112,722, there was no significant bounce volume, indicating weak confidence from bulls.
🔸 4. Global Risk Sentiment Shifting:
Geopolitical comments, including Trump's controversial remark on India-Russia economic ties, and broader macro jitters may have shaken investor confidence.
📊 Multi-Timeframe Technical Breakdown
🕐 1H Chart:
Rapid drop from $118.9K
Current bounce looks weak — likely a bearish retest of the $113.7K zone
Volume suggests sellers still in control
⏱️ 4H Chart:
Downtrend clearly intact
Major rejection from $119.8K
MA(5) and MA(10) show a bearish crossover
Price struggling to hold $113.2K — risk of slipping below $112.7K again
📆 1D Chart:
Massive bearish engulfing candle
Lost bullish momentum after peak at $123K
If $112.7K breaks decisively, next strong support lies at $107,957, then $102,453
🔮 What’s Next for Bitcoin?
📌 Short-Term Scenarios:
✅ Scenario A – Relief Rally (Low Probability):
If BTC reclaims $115.5K with volume, it may retest $117.8K–$118.9K.
🔺 Trigger for bounce: RSI divergence or macro news boost.
❌ Scenario B – Breakdown Continues (More Likely):
Failure to hold $112.7K opens the path to $110K → $107K → $102K.
🔻 Trigger: Further whale exits, low-volume bounces, or broader market fear.
🧠 Pro Trader’s Correction Strategy:
Scalpers: Wait for clear rejection or reclaim at $113.7K before entry
Swing Traders: Avoid longs unless $115.5K flips support
Spot Buyers: Consider DCA near $107K–$102K, long-term support
Leverage Users: Use tight stops — high volatility will hunt overexposed positions
🔥 Final Take
Bitcoin just entered a short-term bear zone. While this could be a healthy correction in a longer bull market, the next 48 hours are critical. If BTC loses $112.7K, we’re likely heading toward $107K and below.
Smart money is sitting tight. FOMO or panic = REKT.
📍 Key Levels to Watch:
Resistance: $113.7K / $115.5K / $118.9K
Support: $112.7K / $110K / $107K / $102K
$BTC
BTC
113,667.79

-2%
#BTC #bitcoin #btcdown #MarketPullback trumpTariffs

Here's a summary of the key points from the article "Crypto ETFs See Record $12.8B Inflows in July as Market Rallies to New Highs" by Helene Braun:

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📈 Key Highlights:

Record Inflows:
U.S.-listed crypto ETFs saw $1000CAT $12.8 billion in inflows in July 2025 — the highest monthly figure ever recorded.

Market Rally:
The CoinDesk 20 Index (a benchmark for the crypto market) surged over 21% in the same month.

BlackRock Dominance:
BlackRock’s Here's a summary of the key points from the article "Crypto ETFs See Record $1000CAT $12.8B Inflows in July as Market Rallies to New Highs" by Helene Braun:
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📈 Key Highlights:
Record Inflows:
U.S.-listed crypto ETFs saw $1000CAT $12.8 billion in inflows in July 2025 — the highest monthly figure ever recorded.
Market Rally:
The CoinDesk 20 Index (a benchmark for the crypto market) surged over 21% in the same month.
BlackRock Dominance:
BlackRock’s iShares Bitcoin Trust (IBIT) now manages over $86 billion in assets, surpassing major traditional ETFs like:
IVV (iShares Core S&P 500 ETF)
IWM (iShares Russell 2000 ETF)
Regulatory Boost:
The SEC’s approval of in-kind creation/redemption mechanisms for crypto ETFs is seen as a game-changer — potentially lowering costs and increasing efficiency, making ETFs even more attractive to institutional investors.
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Let me know if you'd like a breakdown of:
How in-kind creation works for ETFs
The implications for Bitcoin or Ethereum
Specific ETFs tickers to watch
IVV (iShares Core S&P 500 ETF)

IWM (iShares Russell 2000 ETF)

Regulatory Boost:
The SEC’s approval of in-kind creation/redemption mechanisms for crypto ETFs is seen as a game-changer — potentially lowering costs and increasing efficiency, making ETFs even more attractive to institutional investors.

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Let me know if you'd like a breakdown of:

How in-kind creation works for ETFs
The implications for Bitcoin or Ethereum

Specific ETF tickers to watch

Sure! Here's a revised version of your message that sounds more like a personal article or opinion post. It keeps your original ideas but makes it clearer, more expressive, and fits the tone of a personal crypto blog or social media article:

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My Thoughts on Binance and the Recent Crypto Dip

I’ve been invested in $SOL SOL for the past three days, and honestly, it’s been a rough ride — the price has been dropping steadily every day. Like many others in the crypto space, I’m trying to figure out my next move.

With all the recent noise — from $SOL Trump’s tariffs to the SEC’s ongoing pressure on crypto projects, it's hard not to wonder how much of this volatility is tied to larger market forces, not just token fundamentals.

Binance, as one of the biggest crypto exchanges out there, plays a huge role in shaping investor sentiment. Whether you're a long-term holder or just testing the waters, it’s becoming more important than ever to stay informed, think long-term, and not panic with every price swing.

So… what should I do next with my $SOL position? Hold and wait for a rebound? Cut losses and reinvest elsewhere? These are the decisions we all face in a market that moves this fast.

One thing is for sure: crypto isn’t for the faint of heart.
#CryptoLife #Binance #SOL #TrumpTariffs #SECProjectCrypto

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Would you like to add more technical analysis, charts, or personal trading insights to m
ake it more detailed?