1. US BTC/ETH spot ETF data: August 17-18, closed. Last week (August 12-August 16), Bitcoin spot ETF net outflow $32.57M, Ethereum spot ETF net outflow $14.17M
2. The total market value of cryptocurrencies is 2.029 trillion, up from yesterday; Total2 (other total market value excluding BTC) is up, and Total3 (other total market value excluding BTC and ETH) is up;
3. FGI is 28 (fear), down from yesterday; the quarterly index of the altcoin fell to 20, which is currently the quarterly market of BTC. The annual index of the altcoin is 27, and the altcoin market is very weak.
4. Contract open interest: Total open interest of contracts is USD 52.119 billion, down 0.6% from yesterday; Total open interest of BTC contracts is USD 29.813 billion, down 1.07% from yesterday; Total open interest of CME BTC contracts is USD 8.822 billion, down 2.71% from yesterday; Total open interest of ETH contracts is USD 104.3, down 0.46% from yesterday
The total amount of liquidation data was 77.2578 million US dollars, and the total amount of liquidation increased by 0.83% in 24 hours. The amount of long orders liquidated increased by 10.57%, and the amount of short orders liquidated decreased by 13.19%. Over the weekend, the long and short positions were evenly matched. Combined with the amount of liquidation, the probability of fluctuation is relatively high. It can be combined with other data for comprehensive judgment.
5. Today’s BTC market:
The market continues to fluctuate in small cycles, and the game between bulls and bears is fierce; the short position in large cycles is normal, and the market is falling.
Intraday direction: shock
Intraday pressure level: 58900, 59788
Intraday support: 55540, 54500
6. Today's mainstream B long and short strength (BTC/ETH/SOL/BNB/PEPE)
Judging from the strength of the trend, in the long time period, the mainstream coins are all in a bearish trend, among which BNB is the weakest in the short position. In terms of space, BNB is also dominated by bulls.
Small-cycle fluctuations tend to be bullish. In terms of trend and space, BNB is strong in bulls; in terms of space, ETH and SOL are strong in bears. The daily report suggests buying BNB and continuing to hold it. Operation suggestions: At present, the big cycle, all cycles are bearish, be cautious about buying large positions in spot, and it is suitable to reduce the spot position. Small cycles are suitable for tracking the market and buying small positions appropriately
7. Macro events and calendar this week
August 21 (Wednesday):
FOMC Meeting Minutes: The Federal Reserve will release the minutes of its most recent meeting, which typically has an important impact on the markets, especially in terms of expectations for monetary policy.
August 22-24 (Thursday to Saturday):
Jackson Hole Symposium: This global central bank governors’ meeting will be held soon, and investors and market participants will pay close attention to the speeches at the meeting, especially the discussion on economic outlook and monetary policy.
August 22 (Thursday):
Manufacturing PMI and Services PMI (EUR, GBP, USD): The eurozone, UK and US will release August manufacturing and services Purchasing Managers’ Indexes (PMIs), which are often used as leading indicators of economic health.
August 23 (Friday):
U.S. New Home Sales: The U.S. will release new home sales data for July, a key indicator of housing market activity.
The content of the daily report is for sharing and communication only and does not constitute any investment advice
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