#加密货币市场行情# The market has been quite interesting lately. I saw analysts saying that since July 31, many traders have started to close their long orders. This wave of operations is not simple, everyone is preparing for the upcoming market.

The data shows that there has been a significant sell-off in the futures market within the last 24 hours. When the price dropped to a low of $112,000, the net eating order volume over 6 hours directly fell to -$175 million, which is quite an extreme level. Although the market has stabilized somewhat now, the pressure has reduced to -$78 million, but overall it is still bearish.

The open interest has also increased to around $3.04 billion, indicating that sellers are continuing to add to their positions. Under these circumstances, we need to be extra cautious as retail investors. It is recommended that everyone closely monitor market changes and adjust strategies accordingly. If there are new project airdrops, be sure to assess the risks carefully before participating. Remember, protecting your funds is the most important thing.