Today marks the 438th day of my dynamic posts, without a single break. Each post is not done half-heartedly, but with careful preparation. If you think I am a serious person, you can follow me. I also hope that the content I provide daily can help you. The world is vast, and I am small, so please follow me to avoid difficulty in finding me.
Bitcoin has recently seen little fluctuation, while Ethereum has started to soften and plummet. SOL has been continuously gaining good news and remains strong. Recently, I have been emphasizing that Bitcoin has not stabilized, and we cannot assume it has found a bottom; we should continue to wait for the bottom. I suggest everyone to avoid getting too caught up in the situation and instead choose to follow the market trend with short positions. ETH began to correct around the 4672 range, and currently, the movements of Bitcoin and Ethereum are basically in line with my expectations.
The BTC short structure breakout rebound has failed, and the short-term support is gradually weakening, continuing the trend of oscillating downward. The next target is set at $111,000. If it falls further, yesterday's bullish candle will be completely engulfed, and the market will return to a bearish state, with the daily level target at just above $100,000. ETH has recently fallen into a sideways market, and the general situation is still a panic over the death cross on the BTC weekly chart. Currently, there is obvious pressure above, with $4,000 as a short-term bottom. Spot purchases can be made in batches to accumulate ETH, just make sure to grasp the right position.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
31 Likes
Reward
31
4
Repost
Share
Comment
0/400
ItWillDefinitelyGetB
· 08-30 14:10
Sit tight and hold on, we are about to To da moon 🛫
Today marks the 438th day of my dynamic posts, without a single break. Each post is not done half-heartedly, but with careful preparation.
If you think I am a serious person, you can follow me. I also hope that the content I provide daily can help you. The world is vast, and I am small, so please follow me to avoid difficulty in finding me.
Bitcoin has recently seen little fluctuation, while Ethereum has started to soften and plummet. SOL has been continuously gaining good news and remains strong. Recently, I have been emphasizing that Bitcoin has not stabilized, and we cannot assume it has found a bottom; we should continue to wait for the bottom. I suggest everyone to avoid getting too caught up in the situation and instead choose to follow the market trend with short positions. ETH began to correct around the 4672 range, and currently, the movements of Bitcoin and Ethereum are basically in line with my expectations.
The BTC short structure breakout rebound has failed, and the short-term support is gradually weakening, continuing the trend of oscillating downward. The next target is set at $111,000. If it falls further, yesterday's bullish candle will be completely engulfed, and the market will return to a bearish state, with the daily level target at just above $100,000. ETH has recently fallen into a sideways market, and the general situation is still a panic over the death cross on the BTC weekly chart. Currently, there is obvious pressure above, with $4,000 as a short-term bottom. Spot purchases can be made in batches to accumulate ETH, just make sure to grasp the right position.