Core Data Snapshot
Price Performance: BTC current price is $63,441, down 0.25% over 24h; ETH current price is $1,878, down 0.08% over 24h. The 24H high/low range is $63,890/$63,210, with volatility under 700 points.
Futures Sentiment: Across the entire network, $112 million was liquidated in the past 24 hours. The share of long positions liquidated is 68%. Long positions continue to be gradually cleared out. Binance BTC funding rate is 0.005%, and market sentiment is extremely cautious.
Institutional Developments: In U.S. Eastern Time on August 12, net inflows into the spot BTC ETF were only $4.89 million. BlackRock’s IBIT alone saw $50.20 million in inflows, offsetting a combined $45.00 million outflow from the other five products. ETH ETF recorded a slight net outflow of $1.76 million, with the outflow pace sharply slowing.
Market Sentiment: Fear & Greed Index is 27, still in the Fear zone. It has remained below 30 for multiple consecutive days, and trading appetite is muted.
2. Key Levels for Today
BTC: Support at 63,000 / Strong support at 62,500; resistance at 64,000 / Strong resistance at 64,800.
ETH: Support at 1,850 / Strong support at 1,820; resistance at 1,900 / Strong resistance at 1,940.
3. Trading Strategy for Today
During a low-volume, range-bound consolidation phase, do not blindly try to pick tops or bottoms before a directional break. Maintain spot core positions and stay on the sidelines. If price dips to around 63,000, consider accumulating in batches at lower levels. For futures, focus on selling near the upper end of the range and buying near the lower end, strictly manage position sizing, and avoid frequent trading in a narrow-range market. Pay special attention to the spillover effect after the evening U.S. stock market opens, and whether trading volume can expand meaningfully.
Risk Warning: This article does not constitute investment advice. Crypto assets are subject to severe volatility—please control your position size.
Price Performance: BTC current price is $63,441, down 0.25% over 24h; ETH current price is $1,878, down 0.08% over 24h. The 24H high/low range is $63,890/$63,210, with volatility under 700 points.
Futures Sentiment: Across the entire network, $112 million was liquidated in the past 24 hours. The share of long positions liquidated is 68%. Long positions continue to be gradually cleared out. Binance BTC funding rate is 0.005%, and market sentiment is extremely cautious.
Institutional Developments: In U.S. Eastern Time on August 12, net inflows into the spot BTC ETF were only $4.89 million. BlackRock’s IBIT alone saw $50.20 million in inflows, offsetting a combined $45.00 million outflow from the other five products. ETH ETF recorded a slight net outflow of $1.76 million, with the outflow pace sharply slowing.
Market Sentiment: Fear & Greed Index is 27, still in the Fear zone. It has remained below 30 for multiple consecutive days, and trading appetite is muted.
2. Key Levels for Today
BTC: Support at 63,000 / Strong support at 62,500; resistance at 64,000 / Strong resistance at 64,800.
ETH: Support at 1,850 / Strong support at 1,820; resistance at 1,900 / Strong resistance at 1,940.
3. Trading Strategy for Today
During a low-volume, range-bound consolidation phase, do not blindly try to pick tops or bottoms before a directional break. Maintain spot core positions and stay on the sidelines. If price dips to around 63,000, consider accumulating in batches at lower levels. For futures, focus on selling near the upper end of the range and buying near the lower end, strictly manage position sizing, and avoid frequent trading in a narrow-range market. Pay special attention to the spillover effect after the evening U.S. stock market opens, and whether trading volume can expand meaningfully.
Risk Warning: This article does not constitute investment advice. Crypto assets are subject to severe volatility—please control your position size.