Bitcoin is returning to the spotlight of the Crypto market. $BTC just rose over 20% this week, at one point surpassing $79,000, while $ETH also surged and exceeded $2,500. The biggest momentum currently comes from improved liquidity, the return of institutional funds, and spot ETFs. On August 20 alone, the Bitcoin spot ETF attracted $606.3 million, and the ETH ETF attracted about $221 million. However, after such a rapid increase, the risk of profit-taking and short-term correction is rising. The most notable thing right now is not how much BTC has increased, but whether the flow

The spot market can continue to accumulate in batches on pullbacks. After the strong rally of BTC, it has entered a high-level decisive zone, so chasing the rise requires more caution; as for shorting, it is currently not recommended to easily go against the trend. Recently, the short squeeze has been very obvious, with tens of billions of dollars worth of short liquidations occurring in a short period. Funding rates and volatility are also at high levels, significantly increasing the risk of shorting against the trend. Latest market data shows that BTC recently surged near $79,000, with a weekly increase of over 20%. The current price is still in a strong zone, but the $79,500–80,000 range has become a very critical battleground between bulls and bears. (Investor’s Business Daily) 80,000 ─────── ★★ Psychological barrier / concentrated short liquidation zone 79,500 ─────── ★★★ Previous high / bull-bear decisive level 78,300–79,000 ── ★ Current high-level consolidation zone 77,500 ─────── ★ First support / short-term strength-weakness boundary 76,200 ─────── ★ 1-hour key support 74,000 ─────── ★★ First pullback target / strong support 72,000 ─────── ★★ Important support / 1-hour consolidation platform 70,000 ─────── ★★★ Psychological support / breakout retest level 68,000 ─────── ★★★ 4-hour breakout zone / mid-term strength

For this wave of BTC, I still prefer spot trading and am not in a hurry to short. The market has now entered a critical zone after a rapid rally; chasing highs requires caution, but if a reasonable pullback occurs, spot trading has a significantly higher tolerance for errors than high-leverage short positions. According to the latest OKX data, on August 21, BTC reached a high of $79,515.7, a low of $72,209.9, and closed at $77,228.9; on August 22, the current high is about $77,714, with the price still holding above $76,000. (OKX) 79,500 ★★★ Previous high area / strong resistance 78,500-79,500 ★★ High-volume trading zone / bulls vs bears battle 77,700 ★ Near current price 76,000-76,500 🟢 First support area 74,800-75,200 🟢 Short-term key support 72,200 ★★★ Previous trading day's low / strong support 70,000-71,000 ★ Important trend support 68,000 ★ Medium-term strong support BTC has risen more than 20% in the past week and once challenged the $79,500 area, becoming one of the strongest phase rallies this year. Meanwhile, the weakening dollar, rising gold prices, and spot ETF capital inflows are all improving the liquidity environment for risk assets. (Financial Times) So what needs to be observed now is not whether BTC can continue to surge, but whether there is genuine support after reaching the highs. If 76

BTC — Today's technical scenario $BTC After BTC continuously broke through 66,000 → 70,000 → 75,000 USD, the market has shifted into a very strong acceleration phase. The price is currently fluctuating around the 77,000–79,000 USD range, while the daily high has approached 79,500 USD. ETF inflows and market liquidity are clearly improving, but the short-term RSI is in the overbought zone, so the risk of volatility and profit-taking is also increasing. (tradingkey.com) 79,500 ★★★ Very strong resistance / daily peak 78,000 ★★ Resistance t

🔥 Top contracts with large trading volume $BTC +8.07%｜24h market volume around 60.19 billion USD｜BTC remains the largest liquidity focus across the entire market, with derivative funds strongly concentrated on the leading asset. $ETH +3.99%｜24h market volume around 27.61 billion USD｜ETH maintains very high liquidity, indicating that funds are expanding from BTC to the second largest asset group. (CoinMarketCap) $SOL +11.24%｜OKX records spot turnover around 181.26 million USD｜SOL is standing out in the Layer 1 group, the level ri

The market is waiting for a confirmation signal. The crypto market may have already turned bullish, but the real focus is not on the first upward candlestick, but whether funds continue to stay after the rise. BTC is the first filter. Currently, BTC has reclaimed $70,000, and ETF funds are also flowing back, but futures OI is rising simultaneously, indicating that leveraged funds are increasing. Next to watch: whether trading volume can be maintained, whether Funding is overheated, and whether spot funds continue to enter. If BTC remains strong, the next focus is $ETH. Whether ETH can continue to outperform BTC is an important signal to judge if funds are spreading from Bitcoin to higher Beta assets. Then comes Altcoin and Sector Rotation: Layer-1: $SOL $BNB $XRP $SUI $APT $AVAX $NEAR. Focus on on-chain transactions, stablecoins, TVL, and real users. DeFi: $AAVE $UNI $CRV $PENDLE $JUP $MKR. Focus on TVL, fees, and protocol revenue, not just token price increases. Infrastructure: $LINK $ARB $OP $DOT $ATOM. Pay attention to cross-chain, oracles, Layer-2 usage, and ecosystem funds. AI / Computing: $TAO $RENDER $FET $KAIT

Crypto is undergoing a significant shift: the market is moving from "storytelling" to "looking at revenue." As of August 20, Beijing time, the total global crypto market capitalization is approximately $2.27 trillion, with a 24-hour trading volume of about $50.38 billion. BTC accounts for about 56.3%, and stablecoin market capitalization is around $302 billion. BTC once surpassed $72,000 today, ETH rose to about $2,270, and market risk appetite has clearly rebounded. (CoinGecko) However, this rally should not be simply understood as a new comprehensive altcoin season. What is more noteworthy is that capital is rediscovering assets with "real demand that can continuously generate cash flow." BTC/ETH: Institutional funds remain core On August 19, the US spot BTC ETF saw a net inflow of about $517 million, and the ETH ETF had a single-day inflow of about $189 million, marking ETH's largest single-day inflow in nearly 10 months. Funds are first entering the most liquid assets that institutions can easily allocate. (BeInCrypto) L1: From narrative competition to real usage SOL, ETH, and other highly active public chains truly need to prove not TPS stories, but whether transaction volume, fees, stablecoin settlements, and application retention can be sustained. Solana still holds an important position in DEX trading volume, application fees, and network fees, but the market is beginning to pay more attention to whether this revenue can be converted into long-term ecological value. (Galaxy) DeFi: Revenue becomes the core metric again AAVE, UNI, and other protocols

Real-time scan of today's crypto contract market Data update time: Beijing time August 20, 2026, 22:18 Observations based on current market performance at this moment, without waiting for a full 24-hour data set; priority given to OKX contract market, combined with cross-verification from major trading platforms data. 🔥 Active contract trading $UNI +7.64%｜about $60.21 million｜Currently high trading activity, price and volume rising in sync, with a clear increase in DeFi capital attention. $AAVE +7.77%｜about $41.43 million｜Price increase and trading volume both expanding, showing relatively strong performance in the DeFi sector. $DOT +7.70%｜about $21.58 million｜Short-term funds are clearly active, one of the stronger performing contracts among current mainstream altcoins. 🚀 Leading gains $MEGA +22.42%｜about $7.11 million｜Intraday funds clearly favor high-elasticity assets, but volatility risk is also increasing simultaneously. $ROBO +15.89%｜about $7.09 million｜Gains are clearly leading, with capital preference for high Beta assets; caution advised for rapid pullbacks after surges. $GALA +14.99%｜about $7.12 million｜Trading volume supports the rise, short-term sentiment is strong, but still a high-volatility trading direction. 📈 Moderately strong contracts $AAVE +7.77%｜about $41.43 million｜Price and volume both expanding, strength clearly above ordinary altcoins. $UNI +7.64%｜about $60.21 million｜Trading volume