<div><h3>Fireline Report</h3><p> ETH rebounded strongly last night and returned to the $3700 mark. The record single-day outflow of ETF failed to suppress the bulls. The market sentiment reversed instantly, and those who called for short selling were directly slapped in the face. The leeks began to get restless again.</p><h3> behind the scenes</h3><p> This wave is obviously short-term funds taking advantage of the negative impact of ETF outflows to buy back after the market crashed. The main players are using the double routine of &quot;washing the market + inducing more buying&quot;. The big players on the chain are taking advantage of the panic to buy, and KOLs are also starting to change their tune and call for more, which is a typical emotional operation.</p><h3> Trading Guide</h3><p> ETH is expected to continue to rise in the short term, which is suitable for radicals to try to catch a rebound, but don&#39;t fight too long, as the main force may come for another wave of market cleanup at any time. Conservatives should wait for a pullback to confirm before getting on board, and don&#39;t be repeatedly harvested by emotions.</p><p style="margin-top: 20px; text-align: center; opacity: 0.4;"><small>Updated at 08-05 07:26</small><br><small>AI-generated summary, not investment advice</small></p></div>