TechFlow news, September 5: Greeks.Live released a Chinese bulletin stating that market sentiment is divided but bearish sentiment dominates, with traders closely watching BTC's MA120 technical level and outflows from U.S. stock ETFs. In the WLFI freezing incident, Justin Sun was accused of misappropriating user funds, prompting the Trump family to freeze his holdings, dealing a severe blow to Web3 credibility. A clear trend of altcoin capital flowing back into Bitcoin as a safe haven has emerged, which some traders view as a precursor to a sharp decline. Options market strategy adjustments are active, with evident trader divergence—some are buying PUTs to short the market, while others are increasing positions in CALL options for September 19, believing the likelihood of a collapse before September 17 is low. The market is broadly awaiting guidance from non-farm payroll data and signals on a potential rate cut in September.
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