<div><h3>FireWire Report</h3><p> BTC, ETH, and SOL all plunged, BTC fell below 118,000 USDT at one point, ETH and SOL were also hit hard, market sentiment instantly turned to panic, ETF fund outflows made the situation worse, and there was a lot of noise about people cutting their losses!</p><h3> Behind the Scenes</h3><p> This wave of market cleansing was clearly driven by big funds. BTC spot ETF had net outflows for three consecutive days. Although ETH had net inflows from ETFs, market makers such as GSR frequently adjusted their positions. Large investors on the chain were active, hot money was engaged in short-term arbitrage, and the main players took advantage of the low sentiment to reap the bloody chips.</p><h3> Trading Guide</h3><p> Don&#39;t panic, it&#39;s just a technical adjustment! The main uptrend has not yet finished, BTC range fluctuations are suitable for low-cost buying, ETH has ETF support and can focus on rebound, SOL short-term volatility is large, suitable for aggressive players to take a gamble, conservative players should not chase high, wait for the main force to play cards before getting on board.</p><p style="margin-top: 20px; text-align: center; opacity: 0.4;"><small>Updated at 07-25 03:40</small><br><small>AI-generated summary, not investment advice</small></p></div>