. Interest rate cut confirmed in September! Bitcoin rises dramatically, is it the start of a new bull run or the final opportunity to escape the peak?

As shown in the figure, Bitcoin has held onto the most critical support level of 112,000. The market should warm up a bit next. We've already taken the biggest profit from 112,000 to 116,000. For smaller profits, we can look at the support above 115,200 or, more conservatively, above 114,000, where we can try for a small rebound. As for shorting, I might short around 119,000 to 120,000. I'm not expecting to catch a big drop, but a pullback should not be a big issue.

Regarding Ethereum, we suggested entering around 4280 yesterday afternoon to catch a large B-wave rebound, as Powell's speech would at least lead to a rebound after the worst negative news. As a result, Powell unexpectedly adopted a dovish stance, and the large B-wave turned into a double top, which is a pleasant surprise. However, there is still quite a bit of resistance near the previous high for ETH, and I am very concerned about a false breakout or a double top, so I will not continue to go long on ETH.

I'm actually more focused on Sol. I'm optimistic about several whales accumulating Sol; this coin seems to have a good opportunity. It's currently around the previous high of 210, and a pullback might lead to another 5% increase, heading towards 220. However, the real surge for Sol will still be close to October because in October it will get approval for the Solana spot ETF, and that's when it will take off. Wall Street will then have a channel to enter.

Finally, I would like to remind everyone that with the current market rising so much, don't get too carried away; a pullback would actually be healthier. After all, there are opportunities in the crypto world every day, so there's no need to rush. When you can't see the market clearly, it's better to observe more and enter when you feel confident. Take your time, and let's encourage each other!