Grayscale sold Bitcoin and Ethereum again tonight. The four major short positions in the cryptocurrency market are: 1. Ethereum Foundation 2. Grayscale 3. Mentougou 4. 80,000 Bitcoin Ancient Whale However, both Mentougou and the 80,000 Bitcoin whale have already sold most of their holdings. The only ones left with significant holdings are the Ethereum Foundation and Grayscale, and the market won't be able to digest them all in a short time.

The number of non-farm payrolls in the United States increased by 73,000 in July, far below market expectations. The probability of the Federal Reserve cutting interest rates in September has increased, which is a major positive. Everyone has waited too long for this moment.

As soon as Bitcoin drops, altcoins plummet. #BTC #altcoins

Yesterday, Bitcoin spot ETFs saw a net outflow of $115 million, ending five consecutive days of net inflows. This is likely due to institutional or retail investors cashing out. With the Fed's interest rate cut still to come, some investors are losing their holdings.

Bitcoin has successfully swam to the other side, while the copycats are still struggling in the river, and many are still stuck at the low point of 2022. The current bull market with a lot of copycats is going to be a runner-up.

Reasons for today's Bitcoin decline 1. US stocks fell across the board, impacting the cryptocurrency market 2. The US continued its tariff war, causing market panic 3. US spot Bitcoin ETFs saw a net outflow of $114.69 million yesterday 4. Federal Reserve Chairman Powell's hawkish speech reduced expectations for rate cuts

From the 4-hour level trend of Ethereum, the K-line showed a rise and fall. After 5 consecutive declines, it began to rebound from the bottom. The current rebound strength is good, and a long lower wick has appeared, indicating that there is a short-term fund to buy the bottom. And there is support from the MA120 moving average below. Because the callback space is limited, it will callback to around 3600 at most. After accumulating momentum, Ethereum will continue to hit the 3800 pressure level. #ETH #Ethereum

Today, the market fell, and more people came to me to buy U. I guess everyone is buying the bottom of the spot market.

Every time the price of Ethereum rises, the Ethereum Foundation starts to sell. Every time it sells, ETH will fall. Without exception, the Ethereum Foundation is the biggest enemy of Ethereum.

These are my goals for 2025. Except for the last one, I have completed all the others. How are your goals going?