AguilaTrades于1小时前平仓6832枚ETH和1134枚BTC空单，亏损110万美元

Click on the link to enter Tencent Meeting: https://meeting.tencent.com/p/9850662513 Institutional frenzy and ETF frenzy: Ethereum hits $4000 bottom line Is $3600 just the starting point? On July 20th, the price of Ethereum broke through the $3600 mark strongly, reaching a high of $3669, with a daily increase of 7.79%. It surged 22.24% during the week, setting a new high since January 2025. Behind this surge, institutional funds are pouring in in in a "sweeping" manner - the peak daily net inflow of US spot Ethereum ETFs reached $717 million (approximately RMB 5.1 billion), with BlackRock's ETHA product monopolizing $546.7 million, driving the total ETF holdings to exceed $7.09 billion. If converted in RMB, the daily "clearance" scale of institutions has exceeded 1.4 billion yuan, and the market's ammunition reserves far exceed expectations. The narrative of 'digital oil' ignites institutional bets The 'functional value' of Ethereum is being redefined. Former Wall Street banker Vivek Raman and other opinion leaders compared it to "digital oil" - ETH drives transactions by consuming gas, just like oil powers machinery; Its annual circulation is locked at 1.5%, which is highly similar to the oil production adjustment mechanism. This narrative quickly translates into institutional action: 1. Mining company Bitmine Immersion's holdings have exceeded $1 billion, surpassing Ethereum Foundation's holdings of $665 million; 2. Listed company SharpLink Gaming invested $225 million to increase its holdings, becoming the largest institutional holder of ETH; 3. GameSquare and other companies followed the trend and entered the market, making ETH's positioning as a "corporate reserve asset" increasingly clear. Resonance between technical aspects and market sentiment: Is $4000 within reach 1. Technical indicators provide dual verification for the upward trend: RSI bowl shaped structure: The relative strength index of Ethereum forms a textbook level bowl shaped curve, with a current reading of 71.43 entering the overbought zone. Similar forms in history have triggered a rise of over 30% by 58%; 2. Circular Bottom Breakthrough: The price has broken through the two month long horizontal resistance of $2855, forming a circular bottom reversal structure. Analyst Micha ë l van de Poppe asserts that "a pullback is a buying opportunity" and targets $4000. 3. The frenzy has pushed expectations to a high of ten thousand points. On chain data shows that ETH active addresses increased by 9.4% in 30 days, network fees skyrocketed by 139% per week, and total locked value (TVL) surged to $78.2 billion, reaching a three-year peak. Analyst Mikybull Crypto predicts based on RSI historical signals: '$7000-10000 or the top of this cycle'. [Hidden Worries: Fuel and Smoke in the Carnival] 1. Despite strong bullish momentum, risk signals have emerged: Main force drives up shipments: Some analysts pointed out that after Ethereum failed to hit $3700, main funds began to distribute chips at high levels, and the Bollinger Bands showed extreme overbought, accumulating short-term pullback pressure; 2. Contract explosion surge: In the past 24 hours, ETH contracts across the internet have exploded by over $259 million, and the risk of retail investors becoming "fuel" has sharply increased in the long short dual kill pattern. Conclusion: Ethereum's $4000 campaign has sounded the horn, with institutional fundraising and on chain activities providing solid support. However, historical experience has shown that excessive leverage driven frenzy often accompanies intense liquidation. If the inflow of ETF funds continues to ferment with the narrative of 'digital oil', thousands of prophecies may come true - but investors need to be vigilant, as behind every 'candle' may be smoke of gunpowder Operation suggestion: 1. BTC 117500 long. First target: 118500. Second target: 119500; 2. ETH 3600 long, first target at 3680, second target at 3730. Join the language community communication group to obtain more services 1. Real time troubleshooting (online one-on-one question answering and sorting) 2. Professional technical analysis and theoretical learning 3. Construction and improvement of trading system- 4. Live streaming courses every day, contract termination, real-time order making, to help you successfully land! Every day, there are teachers in the group who provide precise positioning to answer questions and offer free guidance. Tencent Meeting Live: 985-066-2513 DingTalk Group Number: 120320009032 Every day, there are teachers in the group who arrange precise positioning to answer questions and provide free guidance Disclaimer: The above content only represents the author's personal opinion and is for communication and sharing purposes only. It does not represent the position or viewpoint of AiCoin and does not constitute any investment advice. Based on this investment, there may be external contacts, which have nothing to do with AiCoin, and the consequences shall be borne by oneself.

According to Arkham's monitoring data, about four minutes ago, a whale transferred 2.531 million CRVs worth $2.58 million to Binance. Five months ago, the whale received approximately 2.69 million CRVs worth $1.36 million at the time. If sold this time, it will make a profit of $1.31 million, with a return on investment of 96%.

Hong Kong Financial Development Council Chairman Hong Pizheng stated that stablecoins should not be used as short-term speculative tools, but rather as a long-term battle, with the key being to promote the digitization of payment infrastructure and asset markets. Hong Kong will officially implement a stablecoin regulatory system on August 1st, providing a clear compliance framework that will help attract global institutions to conduct issuance, custody, and trading businesses in Hong Kong. Hong Kong does not intend to compete with the US dollar stablecoin, but rather focuses on consolidating its strategic positioning in financial technology infrastructure. (Hong Kong Economic Times)

According to Golden Finance, US President Trump signed the stablecoin regulation bill on the 18th, which is the first stablecoin legislation at the federal level in the United States. However, the development of stablecoins carries hidden risks and how they will reshape the financial ecosystem has attracted attention. The Financial Times of the UK stated that the cross-border flow of funds in stablecoins is anonymous, making it difficult for regulatory agencies to effectively track the flow of funds and accurately count the size of funds. This provides an opportunity for illegal financial activities such as money laundering, greatly increasing the difficulty of regulation. In countries and regions with weak financial systems, the widespread use of stablecoins will inevitably have a strong impact on the local financial system. Once a stablecoin crisis occurs, it is highly likely to trigger a chain of market trust crises, leading to the outbreak of run risks.

In the past 12 hours, large transactions showed a net outflow of $30.64 million from the main funds, of which the total amount sold was as high as $47.05 million, with a buy to sell ratio of 1:2.87, showing a clear short selling trend. Especially with two consecutive large market price sell orders exceeding $5.9 million at 16:40 on the 20th, the price was directly suppressed to below $118000. Combining with the latest K-line pattern, a cross star has appeared, and the market direction is brewing a reversal. The current price is below the EMA24/52 moving average, and with large transaction data, the downward trend may continue further. Want to capture the main trend in the first time? By opening a membership, you can track every large transaction of over $500000 and accurately grasp market turning points! The data is sourced from the PRO member's [BTC/USDT Binance 2-hour] candlestick, for reference only, and does not constitute any investment advice.