📈 Market Overview
Total Market Cap: $4.179 trillion (-3.73%)
Market Sentiment: Mainstream coins are synchronously correcting, funds flowing into small cap tokens and airdrop concept projects
🔥 Mainstream Currency Performance
Current Price: $115,231
24h Change: -3.32%
Market Cap: $2.29 trillion
Key Information: Dropped from monthly high of 124K, weekend profit-taking over $3.5B
Current Price: $4,284
24h Change: -2.72%
Market Cap: $517.2 billion
Key Information: Broke through the $4,000 barrier, daily trading volume 1.74 million transactions hitting a new high
Current Price: $180.91
24h Change: -6.28%
Key Information: Mainnet stress test reached 107,500 TPS, far exceeding the usual 3-4K TPS
BNB
Current Price: $832.10
24h Change: -3.23%
Key Information: On-chain trading volume tripled this month, user growth shows a 'Solana-style' narrative
⚡ On-chain Anomaly Analysis
Significant Fund Movements
BTC Whale Transfers: Two large transfers within 1 hour - 1,500 BTC ($173M) and 1,350 BTC ($156M), transferred between non-exchange wallets
ETH Institutional Trends: FalconX transfers 25,684 ETH ($115M) to a new wallet, attracting institutional attention but prices remain stable
ADA Activity: Active addresses and smart contract deployments reach historical highs, pushing price towards $0.90
Technical Indicators Anomaly
DOGE Whale Accumulation: 680 million new DOGE added in August, large wallets holding 100 billion DOGE, but the 'golden cross' failed to push prices up
XRP Trading Volume: Last week's trading volume reached a record $12.4B, but profit-taking caused the price to drop below the $3 psychological barrier
📊 24-hour Active Coins
DEGEN: +59.9% — Meme track small cap coin, low transaction volume but high volatility
DD: +30.4% — Unknown small cap tokens, limited liquidity
Note: No records of ≥15% decline for mainstream or mid to large cap projects, overall correction concentrated between -3% and -8%
🎯 Technical Analysis and Operation Suggestions
Technical Analysis
Short-term Indicators: BTC, ETH, SOL's 1H and 4H time frame RSI at 35 and MACD negative bars, indicating short-term oversold
Medium Term Trend: ETH and SOL maintain bullish pattern with EMA-12 crossing above EMA-26, BTC just dropped below EMA-12 showing weakness
Derivatives Data: Over 85% liquidation of long positions within 24 hours, OI down 6%, market enters the final stages of deleveraging
Key Price Support and Resistance
BTC: Support 114,050 / 111,820 — Resistance 118,730 / 121,720
ETH: Support 4,184 / 3,234 — Resistance 4,582 / 4,871
SOL: Support 176.5 / 154.9 — Resistance 196.6 / 200.8
Operation Strategy Suggestions
Short-term: Only test long positions in key support zones with small amounts, targeting the upper track or middle track; stop loss if support is lost
Medium Term: Wait for daily chart to regain EMA-12/26 and for MACD red bars to expand before adding positions
Risk Control: Strictly maintain 2% fund stop loss; single transaction risk ≤ 2% of account equity, position < 30% of total funds
🪂 Hot Airdrop Information
1. Plume (PLUME) - Binance HODLer Airdrop
Qualification Criteria: Users who participated in BNB Simple Earn or on-chain yield products from July 24-28
Distribution Time: Airdrop to spot wallets within 24 hours today
Launch Time: 23:00 (UTC+8) simultaneous launch of PLUME/USDT, PLUME/BNB trading pairs
Project Positioning: RWA infrastructure L1, focusing on low fees + modular architecture
Participation Angle: Users who meet the conditions can claim directly, new users should pay attention to subsequent participation opportunities
2. Somnia ($SOMI) - First Round Community Airdrop
Total Supply: 1 billion pieces
Airdrop Proportion: The first round of airdrops accounts for 5% of total supply
Distribution Method:
Testnet Active Users: 4.33%
Creators: 0.38%
Specific NFT holders, Discord roles, etc. receive additional rewards
Unlock Mechanism: 20% available immediately, 80% released through weekly tasks within 60 days
Participation Angle: Focus on testnet interaction and community involvement; those who do not claim within 90 days will have funds returned to the ecological fund
3. LayerZero Secondary Distribution Opportunities
Community Views: Multiple analysts believe the official has confirmed secondary distribution
Current Status: On-chain interaction heat has decreased, viewed as a 'lower-cost ambush window'
Strategy Suggestions:
Cross-chain Messaging Bridge Interaction
OFT Token Transfer Operation
Multi-dimensional Interaction of Smart Contracts
Participation Angle: Low-cost ambush period, focus on cross-chain activity
🌐 Community Hotspots and Market Sentiment
KOL Viewpoints Divergence
Optimists: Coinbase CEO Brian Armstrong emphasizes ETH's ten-year growth, institutional buying drives the strategy of 'capture the mainstream first, then rotate into small caps'
Cautious: Concerns about the sustainability of ETH's rapid rise, questioning on-chain queuing exit congestion issues, warning of correction risks
Popular Narrative Themes
Institutional Funds Continue to Buy ETH — Driving expectations for 'ETH leading the rally → funds flowing into small caps' altseason
Layer 2 'returning to the mother chain' trend — Ronin returns to Ethereum and launches L2, OP Stack expansion
Refined Airdrop Strategy — Shifting from 'Initial Surprise' to 'Supplementary Distribution/Second Round Allocation' and 'One-click Claim Across Projects'
Staking Exit Congestion — Contrast between doubts about Ethereum's high gas and sustainability with optimistic expectations
⚠️ Risk Warning
Small Cap Token Risk: DEGEN, DD and other surging tokens have extremely poor liquidity, posing high slippage risk
Airdrop Security: Prevent phishing sites and fake wallet authorizations, participate only through official channels
Technical Risks: BTC Key Support at 112K-115K, breaking below may trigger deeper adjustments
Market Cycle: Currently in a deep correction phase after a medium-term rise, waiting for sentiment to cool and funds to return
