According to Arkham monitoring, Abraxas Capital has withdrawn 12477 ETH worth $22.88 million from CEX in the past 3 hours. Over the past week, Abraxas Capital has withdrawn a total of 45996 ETH worth $84.39 million from CEX platforms such as Binance and Bybit.
Click on the link to enter the meeting: https://meeting.tencent.com/p/8775583296 1. Global macro bearish news: The biggest suppression in today's market comes from the escalation of geopolitical conflicts in the Middle East, the new round of US airstrikes on Iran, and the collective sale of high-risk assets such as cryptocurrencies by safe haven funds. Last night, the US Nasdaq fell 1.47%, semiconductors plummeted across the board, and Coinbase fell synchronously, bringing sustained bearish pressure to the entire cryptocurrency circle. The combination of hawkish speeches by Federal Reserve officials, delayed expectations of interest rate cuts, and the strengthening of US dollar and bond yields continue to suppress bullish sentiment in cryptocurrency assets, which is a macroeconomic bearish trend that runs throughout the day. The differentiation of funds has intensified, with a slight net inflow of 79.1 million into BTC spot ETFs yesterday, but a net outflow of 28 million from ETH spot ETFs. ETH has emerged from an independent and resilient market, once again disconnected from BTC's trend; The overall spot trading volume in the market continues to be sluggish, with obvious characteristics of the game between existing funds. Institutions switch between high and low levels, with only short-term large and retail investors retaining bullish expectations, and incremental funds completely absent. 2. Technical naked K+BOLL indicator: 4-hour level reversal, short-term moving average turning downward, price stabilizing at the lower Bollinger Bands, opening a small repair; But the daily level is still weak, and the price of the currency has fallen below the 7-day moving average, below the middle band of the Bollinger Bands, with a severe downward trend in multiple cycles. Key interval reference: Upper pressure range of 1865~1885 (strong pressure zone of Bollinger Bands), lower support range of 1780-1750 (lower limit of daily key Bollinger Bands, falling below it will open up a new round of downward space). Today, the geopolitical bearish sentiment continues to ferment, and there are slight signs of downward expansion at the opening of the Bollinger Bands, indicating that the downside risk has not been relieved. 3. Practical operation suggestions Multiple bearish factors have significantly increased the difficulty of short-term operations today. Double directional fluctuations of large and small fluctuations can be triggered at any time. Heavy positions are strictly prohibited and light positions should be traded in line with the trend. Priority should be given to waiting for pressure/support levels to confirm effective breakthroughs before entering the market. For those who cannot understand the trend and cannot grasp the precise high and low points, come directly to the live broadcast room to monitor the market in real-time all day long, analyze geopolitical news and Bollinger and moving average signals in real time, and accurately capture opportunities to buy the bottom and touch the top! Tencent Meeting: 877-558-3296 Disclaimer: The above content only represents the author's personal opinion and is intended to assist investors in understanding information related to the capital market. It does not constitute any investment advice and does not represent the position or viewpoint of AiCoin. The market is risky and investments should be made with caution.
ARK Invest released its Q2 2026 Bitcoin report, stating that Bitcoin fell about 14% in the second quarter, falling below the short-term holder realized price, 200 day moving average, and on chain average. The proportion of loss making supply has risen to about 54%, and the supply of long-term holders has reached a historical high of about 14.85 million BTC. Bitcoin has not yet fallen back to the on chain cost range of approximately $49000 to $53000. The US spot Bitcoin ETF had a net outflow of approximately 71000 BTC in Q2, and Strategy's STRC preferred stock fell to as low as $74.57.
Bitcoin News stated on the X platform that the 1 million contract limit provides hedge funds, asset management companies, banks, and market makers with approximately four times the capacity to hedge or express market views through IBIT options.
Bloomberg senior ETF analyst Eric Balchunas stated that there were 242 ETFs listed in the United States in June, setting a monthly record for single orders and equivalent to approximately 11 new listings per day. In the first half of 2026, 730 ETFs will be added, and the total number of new ETFs for the year may exceed 1450. Corgi launched over 100 ETFs in June, with approximately 350 ETFs currently in the registration stage, and may surpass BlackRock in terms of quantity by the end of the year. The average asset size of Corgi's ETFs is about $4 million, far below the industry average of $3 billion, facing asset attraction challenges.
[Crypto-Style Derivatives Enter AI Computing Power Market, CME and ICE Futures Pending Approval] According to The Block, Bernstein stated that before the compliant computing power futures planned by CME Group and Intercontinental Exchange (ICE) receive approval, AI computing power derivatives adopting crypto market mechanisms have already launched. Offshore trading platform AX, under Architect, has introduced perpetual GPU futures, while Kalshi has launched GPU rental price event contracts regulated by the U.S. Commodity Futures Trading Commission (CFTC). Computing power perpetual contracts are anchored to spot indices through a funding rate mechanism, designed to hedge against fluctuations in cloud computing power supply and demand. The related market is currently in its early stages with limited liquidity, and computing power trading primarily relies on over-the-counter negotiations. The construction of representative price indices is key to market development.
