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According to the latest ranking of stock derivatives exchanges released by RootData, the three exchanges with the largest spreads among the listed exchanges are HTX, BingX, and OrangeX, with spreads of 0.582%, 0.292%, and 0.269%, respectively. Among them, the spread between HTX and BingX has reached a new high, with HTX's spread nearly doubling compared to yesterday.It is reported that this spread is the weighted spread based on the 24-hour trading volume, and a higher value usually indicates higher trading costs.

According to monitoring by Catcher Predict, in the Polymarket prediction market for the event "Texas Rangers vs. Los Angeles Angels," the "Texas Rangers" option in the sub-market "Texas Rangers vs. Los Angeles Angels" has experienced drastic fluctuations in winning probability, plummeting from 73.5% an hour ago to the current 18.5% (a fluctuation of 55%). Please note the impact of related breaking news.

According to the latest ranking of stock derivatives exchanges released by RootData, the top three exchanges with the largest spreads are OrangeX, BingX, and HTX, with spreads reaching 0.318%, 0.298%, and 0.292% respectively.It is reported that this spread is the weighted average spread based on 24-hour trading volume, and a higher value usually indicates higher trading costs.

CryptoQuant analyst MorenoDV_ stated that data shows the Ethereum Unspent Net Profit and Loss (NUPL) on the Binance platform has fallen back to around -0.35, entering a range that has historically corresponded to significant price bottoms multiple times.This indicator reflects the unrealized profit and loss status of a specific group of holdings, and the current negative value indicates that the overall Ethereum holdings are in a relatively deep unrealized loss.

Bitcoin has been fluctuating between $62,000 and $66,000 for several weeks, with ETF inflows offsetting selling by miners and institutions. Wednesday's U.S. CPI data may serve as a catalyst for a breakthrough.

Analyst Murphy (@Murphychen888) posted that Glassnode's latest metric, the BTC Seller Exhaustion Index, has entered the "extreme exhaustion zone" for the first time in this bear market. This metric comprehensively measures low volatility and high loss conditions.Murphy pointed out that historically, similar signals usually appear at the bottom range of bear markets, but the first trigger does not necessarily correspond to an absolute low; if subsequent prices maintain fluctuations or continue to decline, while the index does not set new lows, the historical certainty of the second signal is usually higher.

According to monitoring by Catcher Predict, in the Polymarket prediction market event "Texas Rangers vs. Los Angeles Angels," the sub-market "Overtime" option "Yes" has experienced significant fluctuations in winning probability, soaring from 51% an hour ago to the current 79.5% (a fluctuation of 28.5%). Please note the impact of relevant breaking news.

Renowned trader Killa expressed his technical analysis on Bitcoin, stating that if Bitcoin falls below the current weekly high (65,300 USD), it will retrace to test the monthly opening price of around 62,700 USD. However, if it can strongly break through and stay above the resistance level of 65,300 USD, it may further rise to around 66,900 USD.Overall, the judgment is that the market has been in a consolidation range for the past two months, with no obvious breakout signals. Killa, as a quantitative trader focused on BTC, predicted the peak of this bull market in May 2025 and has over 200,000 followers on platform X. In mid-April, he shorted Bitcoin at 74,688 USD and switched to long during the market-wide decline on June 5.

According to monitoring by Catcher Predict, in the Polymarket event "Baltimore Orioles vs. Texas Rangers," the "Over" option in the sub-market "O/U 4.5" has experienced a dramatic fluctuation in win probability, dropping from 72% an hour ago to the current 15.5% (a fluctuation of 56.5%). Please note the impact of related breaking news.

According to the ranking data from RootData stock derivatives exchanges, as of the time of writing, the top three exchanges with the largest spreads among the Top 20 are BingX, OrangeX, and Aster, with spreads of 0.299%, 0.281%, and 0.182%, respectively.In addition, KuCoin has a spread of 0.133% and Phemex has a spread of 0.142%, both exceeding 0.1%.It is reported that this spread is the weighted average spread based on the 24-hour trading volume, and a higher value usually indicates higher trading costs.

CryptoQuant analyst Axel Adler Jr. released the August Bitcoin market outlook, stating that BTC is currently down about 50% from the cycle high of $126,200 set in October 2025, with prices approaching the on-chain average holding cost. It is expected that August will likely maintain a volatile trend. The report suggests that the most probable scenario for August (with a probability of about 55%) is that BTC will trade in the range of $57,700 to $67,000, potentially closing at $60,000 to $64,000 by the end of the month.The bearish scenario (30% probability) involves a drop below $57,700, further testing the on-chain realized price of about $52,800; the bullish scenario (15% probability) requires a stable position above $67,000, along with continuous inflows of ETF funds, a decline in U.S. Treasury yields, and a weakening dollar, targeting $71,000 to $74,000. The current valuation is close to the on-chain cost area, and the spot Bitcoin ETF continues to see net inflows, providing support for the market; however, the high interest rate environment, sustained high U.S. Treasury yields, and a relatively strong dollar still limit the upside potential for risk assets. The report also reminds to pay attention to the impact of macro events such as U.S. non-farm employment, CPI, and the Jackson Hole central bank annual meeting on market liquidity.

According to Jinshi reports, arrangements for the full reopening of the Strait of Hormuz will be announced within a few hours or tomorrow.

According to Jinshi, the United States is seeking opinions on expanding the scope of metal tariff products, suggesting tariffs on products such as welding machines and cranes.

According to Jinshi reports, sources say that the U.S. Army has consumed a large number of long-range land-based missiles during the Iran war.

Crypto analyst Crypto Dan posted on the X platform that Bitcoin is currently in a severely undervalued range. From a cyclical perspective, Bitcoin is close to historical bottom positions. Although it is still uncertain whether this is the absolute bottom, the indicator shows that the current level of interest from market participants in the crypto market is comparable to that at past bottoms.Crypto Dan stated that looking ahead to the next upward cycle around 2027, the current level is undoubtedly in a cheap range.

According to Jinshi reports, Israel's Channel 12 cited diplomatic sources stating that Qatari diplomats are negotiating with Iran to ensure the support of the Iranian Revolutionary Guard for arrangements related to the Strait of Hormuz.

Well-known trader Killa posted that when BTC enters a new monthly cycle, the market has formed a strong bearish narrative, so the probability of a bullish reaction at the beginning of this month is relatively high.He pointed out that based on previous trends, when BTC enters a new phase amid obvious bearish sentiment, there is usually a reverse fluctuation. This pattern may only fail when a significant trend is about to change, such as in November last year and in February and June this year.Killa believes that BTC is currently still in a range-bound fluctuation and is close to the bear market low, so there are two possibilities: one is that the price finally drops below $57,000; the other is that it begins to rebound upwards this month and continues to maintain range-bound movement. Even if BTC is expected to decline afterward, a 2% to 4% increase at the beginning of this month is more in line with the current market structure.

Renowned trader Doctor Profit stated that he will continue to buy in batches according to the original plan when the BTC price is in the range of $54,000 to $64,000, investing 5% of the planned funds each time. Currently, 35% of the cash allocated for purchasing Bitcoin has been completed.He will continue to accumulate during times of extreme market panic and remain patient.

According to Jinshi reports, Iranian Army spokesman Akraminia stated that Iran has recently used new types of drones, with specific details to be announced in the coming days.Akraminia pointed out that the range of these drones is sufficient to cover U.S. military bases in the Middle East. He also mentioned that, given the historical context of agreements signed by Americans, Iran anticipates that the memorandum of understanding may be torn up, and war will break out again.

According to monitoring by Catcher Predict, in the predicted market event "Texas Rangers vs. Tampa Bay Rays" on Polymarket, the "Texas Rangers" option in the sub-market "1st 5 Innings Spread -1.5" has experienced significant fluctuations in winning probability, rising from 19.5% an hour ago to the current 50% (a fluctuation of 30.5%). Please note the impact of relevant breaking news.