Secondary Market Daily 20250826

Market trend

The cryptocurrency market has recently experienced a deep correction, with BTC dropping below $110,000 and ETH falling to $4,365, resulting in over $900 million in liquidations across the network within 24 hours. The main reasons are whale sell-offs, ETF fund outflows, and the liquidation of leveraged long positions. Institutions like VanEck remain optimistic about BTC, but market sentiment is generally bearish. In the short term, the market may continue to fluctuate, with key support levels between $100,000 and $107,000. Looking long-term, institutional capital inflows and Federal Reserve policies remain significant influencing factors.

mainstream coins

$BTC Short-term pressure, there may be a rebound opportunity after breaking below 110,000. Institutions continue to increase their holdings, but short-term selling pressure is rising. Pay attention to the support range of 111K-112K; if it stabilizes, consider accumulating in batches. In the long term, 3% of the total supply is held by strategies, and the fundamentals remain strong.

$ETH ETF inflows exceed $BTC, institutional buying is significant, but short-term overbought may correct. Key support at 3900-4100, long-term bullish to 10,000. Liquidity tightening + large holders hoarding coins, accumulate on dips.

$SOL Recently, institutional demand has been strong, with firms like Pantera and Galaxy planning to raise over $1B to establish a SOL Treasury. Coupled with the launch of the high-yield staking program pxSOL, the short-term outlook is bullish. However, it's important to be aware of market sentiment fluctuations; if BTC continues to pull back, it may drag down SOL. Support level at $120, resistance level at $180.

$BNB Recently, with strong support from institutions, the B Strategy plans to establish a $1 billion fund focused on investing in the BNB ecosystem. Coupled with CZ's $200 million buying support, the short-term outlook is bullish. However, caution is needed regarding the overall market volatility risk, as the excessive concentration of ETH reserves may trigger a pullback. The expansion of the BNB ecosystem and institutional entry indicate a strong medium to long-term fundamental outlook. Popular Coins

$HYPE Recently performed strongly, being one of the few assets that have risen against the trend. Despite valuation disputes with $PUMP, its revenue growth is significant (30-day EMA hitting a new high), and the SWPE ratio is at a low level, indicating potential undervaluation. A bull market pullback may provide a buying opportunity, but one must be cautious of overvaluation risks. Short-term bullish, but attention should be paid to capital flow and market competition.

$SUI Recent performance is worth paying attention to. Despite the sluggish market, its DEX trading volume grew by 21% in Q2, with the number of accounts surpassing 280 million, showing strong fundamentals. The innovations of zkLogin and Slush wallet have enhanced user experience, potentially driving adoption. The short-term outlook is bullish, but attention should be paid to the rise of competing chains like $SEI. It is recommended to focus on the ecological progress released by SuiRL Camp.

$LINK Recent trading volume has reached a new high for the year, indicating active funds. The collaboration with SBI and cross-chain deployments (such as Hyperliquid) strengthen the fundamentals. However, in the short term, there are whales taking profits, so caution is needed for a pullback. In the medium to long term, ecosystem expansion and institutional partnerships support a bullish logic, making it more prudent to accumulate on dips.

$AVAX Recently, Grayscale's submission of an ETF application has attracted market attention, and there may be speculative opportunities in the short term. However, it is important to be aware of the risks of market volatility; if BTC continues to decline, it may drag down AVAX. In the medium to long term, if the ETF is approved, it will bring in incremental funds, but we still need to observe the SEC's stance. If the key support level holds, it may be worth considering a buy on dips.

$PENGU The recent trend is similar to the historical oversold pattern of meme coins, which may present a rebound opportunity. However, it is important to note that the fundamentals are weak and depend on market sentiment. If it breaks through ATH, then it is bullish; otherwise, proceed with caution. The latest tweets show that community interest is still present, but it should be assessed in conjunction with the overall market trend.

$TRX Recently, the market has paid attention to partnerships with Hyperliquid, THORChain, and the layout of RWA, leading to a DEMA 34 signal in the technical analysis, suggesting a potential short-term rebound opportunity. However, the SEC's delay in ETF approvals may suppress sentiment, so attention should be paid to the breakthrough situation at the resistance level of 0.27. The advantages of on-chain USDT settlement and compliance progress constitute long-term support.

$HOME Recently, there has been a lot of attention on the deflation mechanism and buyback plan. The DAO repurchases 150% of the emission amount weekly, with 80% of the protocol's income used for buybacks, forming a value flywheel. On the technical side, the price is under pressure around $0.04, but long-term holders should pay attention to the staking rewards and the compounding opportunities brought by the XP system. If it breaks through the resistance level, it is expected to initiate a new upward trend. It is recommended to pay attention to the potential positive news that may be released by Nansen Space this week.

$AAVE Recently, strong fundamental and technical signals have emerged. With the upcoming launch of v4 and the DAO treasury reaching a new high of $329 million, the protocol's stability and innovation are highlighted. On-chain data shows that whales have increased their holdings by over 13.5% while exchange reserves have decreased by 4.3%, demonstrating resilience during the short-term pullback. If key resistance levels are broken, a trend reversal may occur. It is recommended to pay attention to buying opportunities before and after the v4 launch. The above information is automatically generated by @xhunt_ai and does not constitute investment advice.