<div><h3>Fireline Report</h3><p> BTC fell directly below $116,000, ETH followed suit, the air force was celebrating, the bulls were cutting their losses, 110k became a short-term sniping hot zone, the market was bloody, and the leeks&#39; mentality exploded.</p><h3> behind the scenes</h3><p> This wave was obviously an ambush by the main force in advance, smashing the market according to the technical analysis, cooperating with the KOL to shout short, and cutting a batch of long orders chasing high prices. It was a typical emotional operation + sector linkage. The on-chain loss-making transfers were frequent, and the short funds took the opportunity to reap the benefits.</p><h3> Trading Guide</h3><p> In the short term, it is suitable for aggressive buyers to continue chasing. You can consider buy the dips fishing in batches near 110k to try to rebound. Conservative buyers should not move rashly and wait until BTC stabilizes. Don&#39;t be led by the main force to wash the market.</p><p style="margin-top: 20px; text-align: left; opacity: 0.4; padding: 0 42px"><small>Updated at 08-02 02:16</small><br><small>AI-generated summary, not investment advice</small></p></div>