ETH 2026 August 11, Tuesday —— ETF and Liquidation Data Update
I. Review
Because there was no market catalyst like the 《Clarity Act》 in August, the price action continues with the strategy of going long on dips from high levels.
1. The previous set of long positions from 1863 were gradually closed for take-profit, leaving only the tail position.
2. Then short orders were placed at BTC 65000, 65500, 65800, 66000, and 67000, but only one short order at 65000 was filled.
3. Given the sudden pullback in Nasdaq futures, the BTC main force took the opportunity to sweep down and trigger long liquidations and stop-losses. Therefore, take profit on the small BTC short positions.
4. Then we went long on the dip. The average price for the BTC long positions is 64000, and for the ETH long positions is 1871.
This long entry has some flaws; we should follow the 1-hour range-bound pattern and buy the dip more precisely near 63800.
II. Targets
The BTC long targets remain 65000, 65500, and 66000.
The ETH long targets are 1900, 1930, and 1952.
III. BTC ETF Data
1. BTC ETF
Turned to net outflow; the amount is not large.
2. ETH ETF
Turned to net outflow; the amount is very small.
IV. Liquidation Data
1. BTC Liquidations
Short liquidations above: 64480～66528
Long liquidations below: 62579～63603
2. ETH Liquidations
Short liquidations above: 1889～1952
Long liquidations below: 1830～1863
V. Conclusion and Strategy
In practice, our group’s journey of buying the dip and going long started quite early. Recently, when BTC hit 59080 for the second time, I predicted that BTC would form a W double bottom. We’re now even more certain that 60k is the bottom of this cycle (although BTC’s main force went to 57700 once in the middle).
1. The core strategy is: go long for the long term, build reserves for the upcoming bull market, and accumulate lots of long position “chip” lots.
2. The trading group strategy is: as long as the main force sweeps down to trigger long stop-losses and liquidations, once the pin is collected, we buy the dip and go long.
After the short-side liquidations are completed above, the long positions will be locked in or take profit.
$BTC $ETH
I. Review
Because there was no market catalyst like the 《Clarity Act》 in August, the price action continues with the strategy of going long on dips from high levels.
1. The previous set of long positions from 1863 were gradually closed for take-profit, leaving only the tail position.
2. Then short orders were placed at BTC 65000, 65500, 65800, 66000, and 67000, but only one short order at 65000 was filled.
3. Given the sudden pullback in Nasdaq futures, the BTC main force took the opportunity to sweep down and trigger long liquidations and stop-losses. Therefore, take profit on the small BTC short positions.
4. Then we went long on the dip. The average price for the BTC long positions is 64000, and for the ETH long positions is 1871.
This long entry has some flaws; we should follow the 1-hour range-bound pattern and buy the dip more precisely near 63800.
II. Targets
The BTC long targets remain 65000, 65500, and 66000.
The ETH long targets are 1900, 1930, and 1952.
III. BTC ETF Data
1. BTC ETF
Turned to net outflow; the amount is not large.
2. ETH ETF
Turned to net outflow; the amount is very small.
IV. Liquidation Data
1. BTC Liquidations
Short liquidations above: 64480～66528
Long liquidations below: 62579～63603
2. ETH Liquidations
Short liquidations above: 1889～1952
Long liquidations below: 1830～1863
V. Conclusion and Strategy
In practice, our group’s journey of buying the dip and going long started quite early. Recently, when BTC hit 59080 for the second time, I predicted that BTC would form a W double bottom. We’re now even more certain that 60k is the bottom of this cycle (although BTC’s main force went to 57700 once in the middle).
1. The core strategy is: go long for the long term, build reserves for the upcoming bull market, and accumulate lots of long position “chip” lots.
2. The trading group strategy is: as long as the main force sweeps down to trigger long stop-losses and liquidations, once the pin is collected, we buy the dip and go long.
After the short-side liquidations are completed above, the long positions will be locked in or take profit.
$BTC $ETH