The crypto assets market today is showing some interesting trends. Bitcoin (BTC) is currently looking for support in the range of 110650 to 110800, and if it can break through the 113000 level, it may welcome further pump. However, investors also need to be cautious, as a fall below 110400 could trigger a deeper pullback.



The trend of Ethereum (ETH) is also noteworthy. Currently, ETH is oscillating within a symmetrical triangle pattern, which usually indicates an impending directional breakout. Technical analysis shows that the range of 4260 to 4280 may be an ideal buying opportunity. If the price can break through 4370, it may initiate a new round of pump, but 4230 is a support level that needs to be closely monitored.

It is worth noting that the market's expectations for an imminent interest rate cut by the Federal Reserve are heating up, with some analysts even suggesting a high probability of a rate cut in September. This shift in monetary policy typically has a positive impact on risk assets, which naturally includes Crypto Assets such as Bitcoin. Therefore, in the short term, investors may tend to build long positions during pullbacks.

However, we must remind investors that the crypto assets market is highly volatile, and any investment decision should be based on comprehensive market analysis and individual risk tolerance. Closely monitoring market dynamics and flexibly adjusting strategies may be a wise choice to cope with the current market environment.
BTC2.19%
ETH0.99%
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MultiSigFailMastervip
· 09-09 04:05
trap, you have to boldly trap
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DaoDevelopervip
· 09-09 01:50
game theory suggests a bullish divergence... deployed similar patterns in my dao governance models tbh
Reply0
NewDAOdreamervip
· 09-09 01:47
Bought it, unfollow if I lose.
View OriginalReply0
MidsommarWalletvip
· 09-09 01:42
Why is there another analysis conference?
View OriginalReply0
ReverseFOMOguyvip
· 09-09 01:40
The largest short order is ready to get on board.
View OriginalReply0
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