<div><h3>Fireline Report</h3><p> Bitcoin spot ETFs have experienced net outflows for three consecutive days, with a single-day outflow of $333 million on August 5. The BTC price hovered around $114,000. A 14.5-year-old on-chain whale transferred 108 BTC, and market sentiment was cautious.</p><h3> behind the scenes</h3><p> ETF funds are circling in the market. Institutional holdings are increasing slightly, such as Capital B, but the overall buying is very weak. The sales of old whale accounts have released signals. The outflow of spot ETFs has suppressed short-term sentiment, and the market rhythm is led by large investors.</p><h3> Trading Guide</h3><p> The current market is suitable for swing trading. The $112,000 support level needs to be closely monitored. If it falls below or triggers a stampede of long orders, it is not advisable to blindly chase the rise at the end of the rebound. The main focus is to lock in profits. Short-term FOMO is still fermenting, but the risk of reaching the top is high, so don&#39;t go All In in rashly.</p><p style="margin-top: 20px; text-align: left; opacity: 0.4; padding: 0 42px"><small>Updated at 08-08 07:18</small><br><small>AI-generated summary, not investment advice</small></p></div>