OKB abnormal, 24H down 6.29%

Click on the link to enter Tencent Meeting: https://meeting.tencent.com/p/9850662513 Both BTC and ETH failed to withstand Black Monday, with BTC plummeting from $113000 to a low of $108666. Within 24 hours, its market value evaporated by over $67 billion, while ETH surged from $4690 to $4311. 210000 people across the network were liquidated, and $1.047 billion in funds were wiped out. It was all panic questions about whether to cut or not, but no one paid attention. At the height of the plunge, a mysterious institution quietly scanned 477 BTC, and top hedge funds even added $1 billion through ETFs. Is this sharp decline a real panic or a trap set by institutions? 1. The $110000 threshold has collapsed! What are retail investors and institutions doing After 0:00 on August 26th, BTC suddenly experienced a significant drop in volume, hitting $108666 directly, breaking the key support level and experiencing a 24-hour decline of over 1.3%. The liquidation amount reached 2.8 billion US dollars, of which BTC liquidation accounted for 62%. The liquidation volume of long positions was 1.8 times that of short positions, and many retail investors followed the support level of 113000 US dollars to buy at the bottom and were directly buried. When BTC fell to $112000, an anonymous institution's address sold 477 BTC in a single day, which is approximately $532 million at an average price; At the same time, BlackRock, Grayscale, and others increased their positions by over 1 billion US dollars on the same day through spot ETF channels, with the increase points concentrated in the range of 111800-112500 US dollars. Secondly, the sharp decline is not accidental, is panic ignited ——Trump's tariff stick: Global risk assets panic first 1. A 10% tariff will be imposed on imported electronic goods worth $300 billion. As soon as the news came out, Nasdaq futures plummeted by 0.8% and gold fell by 0.3% in the short term. Cryptocurrencies, as high-risk assets, are the first to be sold off by funds, with BTC being the first to bear the brunt. The expectation of the Federal Reserve's interest rate cut has sharply turned: market expectations have dropped from 50 basis points to 25 basis points. 2. It is expected that the Federal Reserve will cut interest rates by 50 basis points in September, but last Friday, Federal Reserve official Barkin suddenly hawkishly stated, 'The current rate of inflation decline is slower than expected, there is no need for a significant interest rate cut,' directly reversing market sentiment. BTC's attractiveness has declined, and some arbitrage funds have fled. ——Behind the 'fake panic': Will institutions borrow information to wash up the market? The most intriguing thing is that when the tariff news and hawkish statements from the Federal Reserve were released, it happened to be a critical period for BTC to fluctuate at the $113000 support level. One hour before the news spread, three whale addresses transferred 12000 BTC (approximately 13.4 billion US dollars) in advance, and then the market experienced a massive decline, which is more like the classic washing operation of "borrowing news and receiving goods at a low price". 3. Technical breakdown: Has it fallen through? Can 110000 dollars withstand it Just looking at the news is not enough. The 1-hour and 4-hour candlesticks contain key signals that determine whether you can bottom out next: 1. 1-hour chart: Short positions increase volume, but are 'exhausted' When it fell below $113000, the trading volume surged to $3.325 million, but it quickly shrank after falling below. After the concentrated release of short positions, the selling pressure has been reduced. 2. 4-hour chart: MACD divergence, rebound signal has emerged The BTC price fell to a new low of $111594, but the MACD bar was higher than its previous low, forming a bottom divergence of "price new low+indicator not low". This is a typical "downward momentum decay" signal in the technical field. Historical data shows that after this divergence occurs, the probability of BTC rebounding within 24 hours exceeds 70%. 3. From a morphological perspective, ETH fell after reaching 4800 and is currently oscillating around 4400. Don't forget, 4300-4200 is a strong support that has been verified multiple times in the early stage. If we don't lose it here, we can't talk about collapse. The trading volume also provides a signal that the market is washing away the chips of individual investors, rather than directly selling them, with a decrease in trading volume and a decrease in trading volume during a rebound. 4. Looking at RSI again, it is already a bottom turn, a typical short-term oversold rebound signal. Operation suggestion: - Long BTC 108000, first target at 112700, second target at 113500; - ETH 4360 long, first target at 4530, second target at 4660. Join the language community communication group to obtain more services 1. Real time troubleshooting (online one-on-one question answering and sorting) 2. Professional technical analysis and theoretical learning 3. Construction and improvement of trading system- 4. Live streaming courses every day, contract termination, real-time order making, to help you successfully land! Every day, there are teachers in the group who provide precise positioning to answer questions and offer free guidance. Tencent Meeting Live: 985-066-2513 DingTalk Group Number: 120320009032 Every day, there are teachers in the group who provide precise positioning to answer questions and offer free guidance! Disclaimer: The above content only represents the author's personal opinion and is for communication and sharing purposes only. It does not represent the position or viewpoint of AiCoin and does not constitute any investment advice. Based on this investment, there may be external contacts, which have nothing to do with AiCoin, and the consequences shall be borne by oneself.

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The current price of ETH is $4508.11, a decrease of 2.28% in the past 24 hours. Among them, the total liquidation amount of contracts across the entire network in the past 1 hour was 10.97 million US dollars, with the main liquidation being short orders and ETH liquidation being 4.16 million US dollars (37.96%). The data is for reference only.