Recently, the cryptocurrency market has experienced significant fluctuations, with the liquidation amount of major coins surpassing 900 million USD. This phenomenon is primarily attributed to the unstable global economic situation and worse-than-expected U.S. employment data. As the weekend approaches, market sentiment has further deteriorated, leading to a substantial drop in the prices of several top crypto assets.



Bitcoin (BTC) fell by 5.6%, Ethereum (ETH) decreased by 10.6%, and Ripple (XRP) also dropped by 10.2%. This widespread downward trend reflects investors' concerns about the current macroeconomic environment.

Analysts believe that if market sentiment does not improve significantly next week, the price of Bitcoin may further dip to around 80000 USD. However, some opinions suggest that this could be a strategic accumulation opportunity. For ETH and XRP, investors are advised to remain patient and closely monitor market developments next Wednesday to look for potential entry points.

It is worth noting that XRP is currently in a consolidation phase and may be undergoing capital accumulation. Its future trend is expected to align with the overall market, and investors may consider entering at lower points.

In the fluctuation of the crypto assets market, timely access to accurate information and joining professional communities is particularly important. Investors should act with caution, manage risks appropriately, and continuously monitor market dynamics as well as related policy changes, such as the potential impact of important events like the US imposing tariffs and the Federal Reserve's interest rate decisions on the market.
BTC2.05%
ETH6.13%
XRP9.97%
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HorizonHuntervip
· 08-05 03:48
Newbie buy the dip is about to be a failure.
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BlockchainWorkervip
· 08-05 01:27
The market is so bad, let's open new leverage to go long!!!
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RugPullProphetvip
· 08-05 00:36
The bearish outlook has not been missed.
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ZKSherlockvip
· 08-02 06:50
actually, the market volatility demonstrates a classic information theoretic problem... trust assumptions in sentiment analysis are severely flawed ngl
Reply0
StakeWhisperervip
· 08-02 06:42
Hi, everyone is doing Margin Replenishment, right?
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HalfPositionRunnervip
· 08-02 06:38
If you don't understand, just ask. It's all a fall, nothing much. Just hold it.
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SleepTradervip
· 08-02 06:26
Fall, then let it fall. Just hold on.
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SandwichVictimvip
· 08-02 06:22
It's time to buy the dip again.
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