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Gate Latest Crypto Assets Market Analysis (September 3): BTC Computing Power Hits New High, alts OLA, NAYM, Q Surge Strongly
On September 3, the Crypto Assets market showed a pattern of "mainstream stability and altcoin surge." Bitcoin (BTC) Computing Power reached a historical high, Ethereum (ETH) saw continuous accumulation of institutional funds, while altcoins such as OLA, NAYM, and Q experienced strong gains, with obvious short-term Arbitrage opportunities.
Mainstream Coin Performance: BTC Computing Power Hits New High, ETH Institutional Investment Increases
Bitcoin (BTC)
Current Price: 111,288.1 USDT
24-hour volatility range: 108,390.5 – 111,772.1 USDT
Price Change: +0.04%, short-term momentum is weak
Technical Highlights: Computing Power reaches 949 EH/s, network health is good.
Key Levels: Support at 108,390.5 USDT, Resistance at 111,772.1 USDT
Ethereum (ETH)
Current Price: 4,348.83 USDT
24-hour fluctuation range: 4,258.21 – 4,416.38 USDT
Price change: +0.52%, market confidence is recovering
Technical Highlights: Institutional holdings have increased significantly, long-term value recognized.
Key levels: Support at 4,258.21 USDT, Resistance at 4,416.38 USDT
Altcoin Explosion: OLA, NAYM, Q Leading the Pump
OLA: 0.000385 USDT, pump +25.65%, short-term activity extremely high
NAYM: 0.0005929 USDT, pump +19.58%, market attention increased
Q: 0.010773 USDT, pump +16.55%, high community discussion
Although the pump is astounding, the liquidity of alts is relatively limited, and short-term arbitrage requires strict risk control.
Technical and Liquidity Assessment
Price Stability: BTC and ETH are relatively stable; alts are highly volatile.
Trading Depth: BTC daily trading volume 1.428 billion USDT, ETH 931 million USDT, with sufficient liquidity; altcoin depth is limited.
Arbitrage Opportunity: The arbitrage space for mainstream coins is limited, while there are obvious short-term arbitrage opportunities for alts.
Market Sentiment: Fear and Greed Index 42, sentiment neutral but caution against pullback.
Investment Strategy Suggestions
Short-term (1–4 weeks)
Entry Timing: BTC can be accumulated in batches when it retraces to around 110,000 USDT; ETH can be considered for entry when it falls below 4,300 USDT.
Take Profit and Stop Loss: BTC target 115,000 USDT / Stop Loss 107,500 USDT; ETH target 4,500 USDT / Stop Loss 4,200 USDT
Position allocation: mainstream coins 60%, altcoins 40%
Mid-term (1–6 months)
Trend Judgement: BTC maintains upward movement, ETH is expected to be driven by technological innovation.
Configuration suggestion: BTC 70%, Ether 30%
Key Focus: Changes in Middle East and US Policies, ETF Dynamics
Conclusion
On September 3rd, the crypto market continued to exhibit characteristics of stable performance for mainstream coins and high volatility for altcoins. BTC's computing power reached a new high, and ETH was accumulated by institutions, providing support for a bullish outlook in the medium to long term; meanwhile, altcoins like OLA, NAYM, and Q experienced short-term surges, offering arbitrage opportunities for high-risk tolerant investors. Investors should flexibly adjust their positions and strategies based on their own risk tolerance.