ScalpingX

FX Market Weekly Overview, Aug 24–28: USD rebounds as Fed rate-hike expectations return

💵 The US dollar regained strength, with DXY closing around 99.5–99.7. The main catalyst was Jackson Hole, where Fed Chair Kevin Warsh said financial conditions were not sufficiently restrictive and that the Fed still had work to do if inflation failed to move clearly toward 2%.

📊 July core PCE remained elevated at 3.3% YoY, while consumption and business investment stayed firm. However, new home sales fell 10.5%, Conference Board confidence dropped to 89.4, and Chicago PMI came in at 47.1, leaving the US outlook mixed.

🇪🇺 EUR/USD slipped below 1.1600 despite the ECB remaining tilted toward a September hike. Spanish inflation rose to 4.5% and French inflation to 2.7%, but the repricing of Fed policy had a stronger impact on the pair.

🇯🇵 USD/JPY stayed near 160 despite firmer Tokyo inflation and hawkish BoJ signals. Wide US-Japan yield differentials continue to support carry trades, while intervention risk remains elevated around current levels.

🇦🇺 AUD found support from 3.5% Australian CPI and hawkish RBA minutes, but lost momentum as the dollar strengthened. CAD also remained under pressure from US-Canada trade tensions and heavy speculative short positioning.

🥇 Gold fell about 3% in the final session as US yields rose and crowded long positioning was reduced, amplifying the broader USD-driven move.

📅 Next week, Eurozone CPI, US ISM, RBNZ, BoC and especially the September 4 NFP report will test whether the post-Jackson Hole USD rally is becoming a broader trend or remains mainly a policy repricing move.

#Forex $USDT $BTC $XAU

$BCH – Liquidation Map (7 Days) – Current Price 246.7

🔎 The 7-day liquidation map shows roughly $8 million in short liquidations above the current price, significantly exceeding approximately $3.5–3.7 million in long liquidations below. The liquidity structure therefore clearly favors the upside, with roughly 2.2 times more cumulative liquidity sitting above the market.

📉 Below the market, nearby long-liquidation liquidity is concentrated around 245–243.2, with 243.2 standing out as the strongest nearby cluster at roughly $350,000. Further downside liquidity remains dense across 241.4–237.8. Losing 245 would increase the probability of a sweep toward 243.2–241.4.

📈 Above the market, short-liquidation liquidity begins building around 249.2 and becomes much denser across 251.3–253.1. The 253.1 area stands out with a liquidation bar near $300,000, while 258.5, 268.1, and 273.5 also contain sizable liquidity clusters. A break above 249.2 would bring 251.3–253.1 into focus first.

🧭 The broader setup favors the upside because short-liquidation exposure above is roughly 2.2 times larger. Breaking 249.2 would increase the probability of a sweep toward 251.3–253.1, while losing 245 would shift attention toward 243.2–241.4.

#LiquidationMap

$GRVT - Mcap 20.02M$ - 24h Sentiment -2.03 Bearish

SC02 M1 - pending Long order. Entry lies within LVN + not affected by any weak zone, the current support zone is around 1.36% wide. The uptrend has lasted 3 hours 57 minutes, with the largest recorded price increase at 9.01%. If price loses this support zone, the trend will likely reverse downward.

$HOME - Mcap 27.93M$ - 24h Sentiment +5.00 Bullish

SC02 M1 - pending Long order. Entry lies within HVN + not affected by any weak zone, the current support zone is around 0.97% wide. The uptrend has lasted 3 hours 48 minutes, with the largest recorded price increase at 7.28%. If price loses this support zone, the trend will likely reverse downward.

IREN moves deeper into AI Cloud as markets remain cautious about transition costs

🤖 IREN’s Q4 AI Cloud revenue reached $70.5 million, surpassing Bitcoin mining revenue of $66.7 million for the first time, showing that the company’s shift toward AI infrastructure is becoming more visible in reported revenue.

📉 However, IREN posted a quarterly net loss of $684 million, largely driven by non-cash impairment charges tied to Bitcoin mining equipment. Adjusted EBITDA also fell 68% QoQ to 19.2 million.

📊 The company said it has signed roughly 4 billion in ARR for 2026 capacity, while currently operating ARR is around 1 billion. This gap keeps investor attention on GPU deployment, new cluster delivery, and the conversion of contracted demand into recognized revenue.

⚖️ The negative share-price reaction therefore appears to reflect a re-rating of a more capital-intensive business model rather than weakening AI demand.

$IRENB

$PUMP – Liquidation Map (7 Days) – Current Price 0.00473

🔎 The 7-day liquidation map shows roughly $21–22 million in short liquidations above the current price, exceeding approximately $13–14 million in long liquidations below. The liquidity structure therefore leans fairly clearly to the upside, with roughly 1.6 times more cumulative liquidity sitting above the market.

📉 Below the market, nearby long-liquidation liquidity is concentrated around 0.00470–0.00457 before becoming denser across 0.00448–0.00434. The strongest nearby cluster sits around 0.00441, while 0.00434–0.00427 also contains notable liquidity. Losing 0.00470 would increase the probability of a sweep toward 0.00464–0.00457.

📈 Above the market, short-liquidation liquidity begins building around 0.00479–0.00489 and increases sharply across 0.00504–0.00518. The strongest cluster sits around 0.00511, where the liquidation bar exceeds $1.2 million. A break above 0.00479 would bring 0.00489–0.00497 into focus before 0.00504–0.00511.

🧭 The broader setup favors the upside because short-liquidation exposure above is roughly 1.6 times larger. Breaking 0.00479 would increase the probability of a sweep toward 0.00489–0.00497, while losing 0.00470 would shift attention toward 0.00464–0.00457.

#LiquidationMap

$NIL - Mcap 24.07M$ - 24h Sentiment +6.00 Bullish

SC02 M1 - pending Long order. Entry lies within HVN + not affected by any weak zone, the current support zone is around 1.87% wide. The uptrend has lasted 13 hours 15 minutes, with the largest recorded price increase at 12.87%. If price loses this support zone, the trend will likely reverse downward.

$US - Mcap 41.17M$ - 24h Sentiment Neutral

SC02 M15 - pending Long order. Entry lies within HVN + meets positive simplification with a previously profitable Long order, the current support zone is around 3.26% wide. The uptrend has lasted 1 day 1 hour, with the largest recorded price increase at 17.51%. If price loses this support zone, the trend will likely reverse downward.

Circle puts USDC on the front of Chelsea shirts in a one-season sponsorship deal

⚽ Circle has become Chelsea’s Principal Partner and front-of-shirt sponsor, with the Circle + USDC branding set to appear on the men’s, women’s and academy kits. The agreement covers the 2026/27 season and includes an extension option.

👕 The new branding will debut when Chelsea face Brighton on August 30. Financial terms were not disclosed, although the club had reportedly been seeking a deal worth around £50–60 million per year.

🏦 Circle holds an FCA e-money licence, a notable factor after UK regulators warned Premier League clubs about partnerships with unlicensed crypto companies.

💵 Chelsea has not announced USDC payments for tickets, merchandise or memberships. For now, the deal appears focused more on mainstream brand exposure than on directly expanding stablecoin usage.

$USDC

$LIT – Liquidation Map (7 Days) – Current Price 3.416

🔎 The 7-day liquidation map shows roughly $9–9.5 million in long liquidations below the current price, slightly exceeding approximately $8 million in short liquidations above. The overall structure is therefore relatively balanced but modestly tilted to the downside.

📉 Below the market, nearby long-liquidation liquidity is concentrated around 3.373–3.343 before becoming denser across 3.313–3.283. Larger clusters sit deeper around 3.223–3.163, with the 3.163 area standing out as a major liquidation concentration. Losing 3.373 would increase the probability of a sweep toward 3.343–3.313.

📈 Above the market, short-liquidation liquidity begins building around 3.453 and increases across 3.513–3.608. The strongest cluster sits further out around 3.778–3.813, particularly near 3.813 where the liquidation bar reaches roughly $600,000. A break above 3.453 would bring 3.513–3.548 into focus first.

🧭 The broader setup modestly favors the downside because long-liquidation exposure below is roughly 1.1–1.2 times larger. Losing 3.373 would strengthen the probability of a sweep toward 3.343–3.313, while breaking above 3.453 would shift attention toward 3.513–3.548.

#LiquidationMap

$HUMA - Mcap 71.73M$ - 24h Sentiment +5.93 Bullish

SC02 M1 - pending Short order. Entry lies within HVN + not affected by any weak zone, the current resistance zone is around 4.00% wide. The downtrend has lasted 4 hours 25 minutes, with the largest recorded price decline at 22.14%. If price breaks above this resistance zone, the trend will likely reverse upward.

$SOXLB

SC02 M5 - pending Short order. Entry lies within LVN + not affected by any weak zone, the current resistance zone is around 1.42% wide. The downtrend has lasted 7 hours 25 minutes, with the largest recorded price decline at 8.21%. If price breaks above this resistance zone, the trend will likely reverse upward.

BYD’s Q2 profit rebounds on exports, while revenue remains under pressure

🚗 BYD reported Q2 2026 net profit of 8.2 billion yuan, up about 30% year over year, while revenue fell 3.2% to 194.6 billion yuan. The results suggest profitability is recovering faster than top-line growth.

🌍 Exports were the main driver, with BYD shipping 471,091 vehicles overseas in Q2, up 82.5% YoY. First-half gross margin improved to 18.85%, while overseas gross margin reached around 22%, notably stronger than the domestic business.

📉 Even so, first-half profit remained down about 21% due to a weak Q1, while Q2 earnings growth also fell short of the roughly 48% increase implied by estimates from several major banks.

📈 July sales rose 21.8% YoY and exports surged 124%, pointing to improving momentum for H2. However, the outlook still depends on price competition in China, tariffs and inventory pressure as BYD expands internationally.

#BYD $BYD.US

$ADA – Liquidation Map (7 Days) – Current Price 0.201

🔎 The 7-day liquidation map shows roughly $35–36 million in short liquidations above the current price, far exceeding approximately $8 million in long liquidations below. The liquidity structure therefore strongly favors the upside, with roughly four times more cumulative liquidity sitting above the market.

📉 Below the market, nearby long-liquidation liquidity is concentrated around 0.200–0.198 before becoming denser across 0.197–0.194. The strongest nearby downside concentration sits around 0.198–0.200. Losing 0.200 would increase the probability of a sweep toward 0.198–0.196.

📈 Above the market, short-liquidation liquidity begins building around 0.205–0.211 and becomes much denser across 0.217–0.223. The strongest nearby cluster sits around 0.219, where the liquidation bar exceeds $3 million, while 0.229–0.233 also contains substantial liquidity. A break above 0.205 would bring 0.211–0.217 into focus first.

🧭 The broader setup strongly favors the upside because short-liquidation exposure above is roughly four times larger. Breaking 0.205 would increase the probability of a sweep toward 0.211–0.217, while losing 0.200 would shift attention toward 0.198–0.196.

#LiquidationMap

$BTC - Mcap 1.55T$ - 24h Sentiment +2.07 Bullish

SC02 M1 - pending Short order. Entry lies within HVN + not affected by any weak zone, the current resistance zone is around 0.28% wide. The downtrend has lasted 5 hours 50 minutes, with the largest recorded price decline at 3.05%. If price breaks above this resistance zone, the trend will likely reverse upward.

$DEXE - Mcap 198.92M$ - 24h Sentiment +5.83 Bullish

SC02 M5 - pending Long order. Entry lies within LVN + not affected by any weak zone, the current support zone is around 6.88% wide. The uptrend has lasted 10 hours 45 minutes, with the largest recorded price increase at 37.90%. If price loses this support zone, the trend will likely reverse downward.

Bailey signals the BoE can remain patient as second-round inflation pressures stay limited

🏦 Bank of England Governor Andrew Bailey said the spillover from the energy price shock into wages and broader prices remains relatively muted, while the UK labour market has been softening for some time.

📉 Bailey said the BoE can continue to watch developments for now. However, he did not signal a rate cut and left open the possibility of revisiting the issue if inflation pressures begin to spread more broadly.

📊 Bank Rate currently stands at 3.75%, while July CPI rose to 2.9%. With the next policy meeting set for September 17, his comments reinforce the case for keeping rates unchanged, although the risk of a hike has not fully disappeared.

🤖 Bailey also highlighted AI and robotics as potential drivers of long-term productivity and growth in the UK, but they are unlikely to alter the near-term monetary policy path.

#BoE $NVDAB

$SUI – Liquidation Map (7 Days) – Current Price 0.738

🔎 The 7-day liquidation map shows roughly $37 million in short liquidations above the current price, far exceeding approximately $15 million in long liquidations below. The liquidity structure therefore clearly favors the upside, with roughly 2.5 times more cumulative liquidity sitting above the market.

📉 Below the market, nearby long-liquidation liquidity is concentrated around 0.733–0.725 before becoming much denser across 0.725–0.717. The strongest nearby cluster sits around 0.725, while 0.717–0.709 also contains notable liquidity. Losing 0.733 would increase the probability of a sweep toward 0.725–0.717.

📈 Above the market, short-liquidation liquidity begins building around 0.739–0.753 and becomes denser across 0.769–0.801. The strongest cluster sits around 0.817, where a liquidation bar approaches $3 million, while 0.833 is another notable concentration. A break above 0.753 would bring 0.769–0.777 into focus first.

🧭 The broader setup favors the upside because short-liquidation exposure above is roughly 2.5 times larger. Breaking 0.753 would increase the probability of a sweep toward 0.769–0.777, while losing 0.733 would shift attention toward 0.725–0.717.

#LiquidationMap

$YOM - Mcap 2.39M$ - 24h Sentiment +6.00 Bullish

SC02 H1 - pending Short order. Entry lies within HVN + not affected by any weak zone, the current resistance zone is around 16.07% wide. The downtrend has lasted 11 days 10 hours, with the largest recorded price decline at 80.72%. If price breaks above this resistance zone, the trend will likely reverse upward.

$TRIA - Mcap 11.2M$ - 24h Sentiment -6.50 Bearish

SC02 M1 - pending Short order. Entry contains POC + not affected by any weak zone, the current resistance zone is around 1.81% wide. The downtrend has lasted 6 hours 40 minutes, with the largest recorded price decline at 17.76%. If price breaks above this resistance zone, the trend will likely reverse upward.