BTC started to cool down after a continuous rise. As of the morning of August 26th Beijing time, BTC was reported at $78831, down 1.23% in 24 hours, but still up 22.45% in the past 7 days. ETH reported $2456, up 28.40% on the 7th; SOL reported $97, up 26.36% on the 7th. From the perspective of price increase, the market has not weakened, but the pace of increase has significantly slowed down. What is truly worth paying attention to is the leverage side. In the past 24 hours, the entire network experienced a sell-off of approximately 1.784 billion US dollars, with long positions selling 1.271 billion US dollars and short positions selling 513 million US dollars. The clear advantage of long liquidation indicates that some chasing funds have begun to passively exit the market. Emotional indicators have also undergone changes. The Panic Greed Index is currently at 65, still in the greedy range, but has decreased by 9 points compared to the previous 74. That is to say, market sentiment is shifting from rapid warming to cooling. At this point, the most important thing to guard against is not a regular callback, but a leveraged stampede. If BTC only oscillates around $78000, it belongs to normal digestion after the rise; But if the price continues to weaken, and at the same time, the scale of long positions being liquidated expands, and spot buying cannot be sustained, stop loss and strong leveling may form a chain reaction, and the speed of correction will significantly accelerate at that time. However, there is currently insufficient evidence to prove that a panic market has already begun. On the one hand, BTC has still risen by over 22% in the past 7 days, while mainstream assets such as ETH and SOL remain strong; On the other hand, institutions have still made significant increases in holdings, and the positive expectations of regulatory authorities have not fundamentally changed. So what is currently more worth observing is whether the price and settlement data deteriorate synchronously: BTC maintains its high position → the upward trend is still ongoing, only digesting profit taking; Breaking below key support+bullish liquidation continues to amplify → stampede risk significantly increases. For a market that has already experienced a significant increase, the most important thing next is to observe whether there is a real influx of funds during the correction process. Risk Warning: The above is only for market information sharing and data analysis, and does not constitute any investment advice.

BBX News: Yesterday, the global capital market delivered a clear answer to the boundary between the securitization process of encrypted assets and the valuation reshaping of native infrastructure. Without the noise of emotions, the market is completing a new round of value discovery through the listing bells of mainstream exchanges and the cold quotes of the primary market: ——Privacy asset compliance: Grayscale promotes the listing of Zcash spot ETF (ZCSH) on the New York Stock Exchange Arca, creating a new compliance paradigm where management fees are fully repaid to the underlying ecosystem. ——Connecting traditional securities infrastructure: Sui collaborates with tZERO to introduce Wall Street standard processes such as asset issuance, matching and clearing into high-performance public chains. ——Capital repricing: The valuation of veteran custody giant Copper plummeted from $2.5 billion to $200 million; Asset management firm RockawayX raised $150 million against the trend to increase its liquidity fund. The market presents a clear dual evolutionary trend of "high potential public chains and privacy assets accelerating their integration into the mainstream securities system on Wall Street" and "single infrastructure service providers lacking composite hematopoietic capabilities facing brutal valuation clearing". Source: bbx.com

According to on chain analyst Ai Yi's monitoring, address 0xceB... e66ea hoarded 10000 ETH worth 24.72 million US dollars 10 hours ago, which is suspected to belong to Bitmine. Another address had previously hoarded 20000 ETH.

According to data released by X platform user Adam, the daily active traders of the cryptocurrency trading application Fomo have exceeded 100000, second only to Moonshot's record of 180341 wallets set during US President Trump's coin issuance in January 2025.

According to CryptoRank.io data, the monthly net inflow of Bitcoin ETFs reached $2.72 billion in August, setting a new monthly high since 2026. Last week, the inflow reached 1.92 billion US dollars. According to Arkham monitoring, BlackRock clients net bought $1.33 billion in Bitcoin last week, the largest weekly buy since October 6, 2025, and increased their holdings for seven consecutive days. Since July 1st, BlackRock has accumulated a net purchase of $2.17 billion in Bitcoin.