As of now, BTC is at $80,917, up 4.69% over the past 24 hours; ETH is at $2,505, up 5.01%; SOL is up 3.47%. Mainstream altcoins such as DOGE, ADA, and XRP are also moving higher in tandem, and market sentiment has clearly rebounded.
Behind this rally, short covering has been an important driving force. In the past 24 hours, liquidations across the entire market totaled about $2.01 billion, of which short liquidations were $1.7 billion—accounting for more than 80%. At the same time, BTC recorded a net capital inflow of $3.42 billion, while ETH saw a net inflow of $990 million, with funds returning to major assets.
Sentiment indicators have also warmed up quickly. The Fear and Greed Index rose from 65 to 74, entering the Greed zone within a day, which suggests a clear increase in risk appetite; however, bullish chasing momentum in the short term is also building rapidly.
From the analysis, this bounce is mainly driven by three factors: first, the situation between the U.S. and Iran remains tense, and the market is refocusing on the “digital gold” narrative of Bitcoin; second, the U.S. spot BTC ETF has resumed net inflows, with capital continuing to concentrate into BTC; third, earlier BTC around $77,000 received sustained absorption from large “whales,” providing support for the rebound.
That said, tonight’s 20:30 release of the U.S. August non-farm payroll (NFP) employment data is still the biggest variable for the short term.
If the employment data comes in stronger than expected, the U.S. dollar may strengthen, and the crypto market may not rule out a pullback; if the data is weaker, expectations for easier policy could heat up, and BTC may have a chance to further challenge $83,000.
For the short term, you can重点 set three price alerts
$80,500–$81,500: the current first resistance zone—watch whether price can hold above it effectively. $83,000: an important supply zone overhead, where breakout may be more difficult.
$77,000–$77,500: the first support region—if a pullback stabilizes here, the uptrend could still have room to continue.
The market has switched from the prior sideways consolidation to a volume-backed rebound, but with sentiment warming fast and shorts being liquidated heavily, volatility may also expand in parallel. Before the NFP data lands, managing position size and avoiding chasing highs remain strategies worth paying attention to.
Japanese listed company Remixpoint clears all altcoins, and in the future will only hold Bitcoin
Japanese listed company Remixpoint disclosed that, to advance the selection and concentration of its investment portfolio, it has sold all altcoins it held. Going forward, the company will concentrate its holdings and operations into a single asset: Bitcoin. The company sold 901 ETH, 13,920 SOL, 1.19 million XRP, and 2.8 million DOG E, for a total sale amount of approximately $5.5 million, with total profit of about $738,000. As of the end of August, the company holds approximately 14.92 BTC, worth about $1.0258 million.
For long-term investing, you need patience. By mid-month at the latest, consider reducing positions. The advantages of long-term investments are still quite strong. Reducing the number of times you open positions can reduce the error rate!
Bearish traders are winning big! The longs continue to get liquidated—over $1 billion in losses
The liquidation of crypto longs is still ongoing.
Over the past 24 hours, longs across the entire network were liquidated for about $1.05 billion. Meanwhile, short liquidations were clearly much lower—long liquidations were roughly 3.7 times those of shorts. Continued large-scale leverage unwinding has also made market sentiment noticeably more cautious.
Looking at position structure, the long/short ratio rose from 0.96 last week to 1.29, indicating that more and more funds had been betting on upside. However, the market failed to break higher again. Instead, there was a concentrated sell-off, making longs the biggest casualty in this round of volatility.
Liquidity conditions are also weak. Over the past 24 hours, the market saw net outflows of about $1.47 billion. With price falling, funds withdrawing, and longs liquidated in large numbers all happening at the same time, bearish sentiment is heating up in the short term.
Key focus for BTC: whether the rebound can hold
In the short term, after BTC’s rebound, the $78,500–$79,000 range remains an important resistance area.
If the rebound cannot break through effectively, the market may continue to seek support at around $75,000 and possibly even $72,000. If it reclaims and holds above $79,500–$80,000, it would mean current bearish expectations need to be recalibrated.
At the same time, $76,400 remains an important short-term line in the sand. If this level is lost, the market could see further acceleration.
Is there a chance of another bullish close this month? The resistance level above the moving average on the chart is currently near 83,000. If we achieve a bullish close in September, it’s not impossible to enter a bull market earlier than expected. Believe that many of you are holding long positions around 100,000; after getting through the winter, we’re about to see some warm sunshine.
Meanwhile, the daily timeframe will continue to trade in a range. Price will move back and forth around 80,000. For now, with Bitcoin at around 78,500, you can consider placing a pullback trade. For protection, keep your defense at 79,100, with a target around 76,500!
According to TradingBeats monitoring, Hyperliquid’s third-largest ETH long added 5,088.97 ETH at an average price of $2,449.18, with a notional value of $12.46 million. This address holds 30,282.40 ETH long positions worth $73.14 million, opened at an average price of $2,134.45, currently showing an unrealized profit of $8.50 million, with a liquidation price of $1,749.24. This whale opened the position on August 19 at an average price of $2,028.14, and has also placed a $4,000 limit sell order for 25,193.44 ETH.
Bitcoin midday outlook: Participate in shorts around 78,000, with a short-term target of 1,000–1,500 points.
Ethereum midday outlook: Participate in shorts around 2,440, with a short-term target of around 30 points.
Bitcoin is starting to range on the daily charts, with resistance sitting at the 64000 level! Currently, a rebound looks pretty grim; wait for the price to hit around 63500 to short, aiming for 1000-1500 points. If it breaks down, we can continue to reduce our position further.
$64000's pullback aligns with expectations; this round's market hitting $60000 looks bleak. Aggressive traders can continue to short and target around $58000.
The previous post suggested going short above 64000, and we've already got over 600 points of room. We can eye the downside around 63000, and if we break that level, we can hold for a drop to the 62500 line! The evening US session is expected to continue the downtrend.
After a dip, Bitcoin is ranging around 64000. The bearish trend is still strong, and the bounce is losing momentum! Suggest going short above 64000 for a quick trade, just manage your take-profit level accordingly.
Bitcoin's daily chart has found support and is bouncing back. Before this weekend, it's likely to consolidate at lower levels, so I wouldn't recommend going short! On the four-hour chart, we can see the 66000-68000 range <a>#美国通胀持续联储鹰派美元走强 </a>.
From the current four-hour chart, Bitcoin is likely to continue its downward trend, and the mid-band support will probably break! Aggressive traders can short at the current price, aiming for a 1500-2000 point drop. Once we hit that target, it's time to take profits! Updates on bullish entry points will follow.
Looks like BTC is set to pump some more. That long lower wick on the four-hour candlestick suggests we should see at least two more big green candles! Waiting for a dip to long, targeting around 85000.