Sol has recently shown a unique performance, continuing to consolidate sideways in the range of 186 to 177. This is mainly due to the strong support at the 176 level, which is at the golden ratio point of its larger fluctuation range. Currently, the price range of 182 to 184 is in the middle ground, where the profitability of shorting is limited, and there is a risk of being short-term reversed. Once the price breaks through 186.5, the next target may look towards the range of 190 to 192 (the recent highest resistance level is 196.5). Therefore, the short-term shorting strategy for Sol should

Compared to Bitcoin, Ethereum's performance is undoubtedly more pleasant.
Although the price is still in a downward channel, the magnitude of the pullback and trading volume are relatively mild, which raises the question of whether Bitcoin is gradually losing value to Ether.
The only possible explanation for the strong momentum of Ethereum might be that a large amount of funds is being withdrawn from Bitcoin and invested in Ethereum.
In short, as long as it can break through the current downward channel, there is hope for continuing to reach new highs. #Gate全球首发上线YZY# #加密市场反弹# #美联储7月会议纪要# #BTC# #E

The market is currently approaching the last line of defense for long positions, but the situation remains grim. The premium index in the Spot market has fallen into negative territory, and the continued outflow of USD Spot funds remains unclear.
Overall, the market is showing signs of a sustained retreat, and even the ETF data reflects an unoptimistic trend. This lukewarm downward trend is really affecting people's mindset!!!
If the market really falls below this key support level, then the next focus may be the positions of 110000 or 108000. #Gate全球首发上线YZY# #加密市场反弹# #美联储7月会议纪要# #BTC# #ETH#

8.22 Morning Bitcoin Strategy Analysis
There are no trees that grow overnight, nor are there roads that lead to the sky in a single step. Life is full of mud and mire, yet you always say you can "make it"?
Observing the current market, on the hourly chart, the price has fallen below the middle line of the Bollinger Bands, the MACD indicator has formed a death cross with the two lines, and the histogram has dropped below the 0 axis, indicating a clear downtrend. The candlesticks are mainly bearish, with occasional rebounds but weak momentum. During the strong bearish phase, it is recommended to

Fren with unprocessed orders, let's chat!!!
The teacher is monitoring the pancreas at midnight, fully helping the frens to break free from their positions.
Only for fans who truly need help, no disturbance! #Gate全球首发上线YZY# #加密市场反弹# #美联储7月会议纪要# #BTC# #ETH#

8.21 Evening Bitcoin Strategy Analysis
In terms of technical structure, no significant changes have been observed at present, and the weekly chart maintains a consecutive bullish pattern. As for the daily chart, after a slight adjustment in the early morning, a slight double bottom probing pattern has formed. One should not blindly follow the trend downwards based on a single pullback phenomenon.
The afternoon market performance is the key to judgment. Currently, the 112500 level has formed a support platform, and the market is expected to rise above this position. After a short-term pullback,

8.21 Morning Report
1. BTC continues to fluctuate, completely depending on ETH's performance, at least recently.
2. ETH started to rebound after the collective sentiment saw it drop below 4000, but the situation of following the trend is still not worth mentioning;
3. SOL's rebound has kept up with ETH, which can only be said to perform fairly.
4. OKB continues to refresh its historical high after the announcement of the token burn, with an increase of over 400% since last Wednesday.
5. The UK cryptocurrency industry jointly calls for the establishment of a national strategy for stablecoins, w

8.21 Morning Bit Strategy Analysis
From the current pattern, the market is still in a period of volatile adjustment. The current pullback is more of a technical correction rather than a trend-based decline. Although market momentum has not significantly strengthened yet, the support levels below are gradually becoming apparent. Even though the daily trend has previously broken key support, analysis of the current form still shows room for adjustment.
In the hourly chart, the price has undergone fluctuations and is now consolidating, with the trading channel gradually narrowing. After a period

Based on the current situation, what position will BTC fall to? My personal preliminary view has two points. Up until the Jackson Hole annual meeting on Friday, the market's expectations are more about the weakening of interest rate cut expectations in September and the increasing possibility of an economic recession in the United States.
This situation also occurred in early August, with the falls on August 2nd and 3rd due to a significant revision of the non-farm data at that time, a substantial decline in the labor force, and market expectations that the U.S. economy might enter a downturn,

8.20 Morning Bitcoin Strategy Analysis
Recently, Bitcoin has truly plummeted! Zhao Si has been emphasizing to do 🈳, but I wonder if everyone has kept up? Yesterday, our layout of the 🈳 order also steadily secured a space of 3552 points!
Currently, observing the market on the hourly chart, the short-term price is facing significant resistance at the middle band. The pressure from the upper band of the Bollinger Bands is evident, and after experiencing a round of high and then a pullback in the candlestick pattern, the rebound has not effectively broken through the middle band. Although the lo

Recover losses and double the position size challenge, is anyone joining? Let's work together to regain confidence and feel the charm of the bull run.
For players with an asset scale of 30,000 USD and above, we have launched a tenfold double the position size plan. The selection criteria are: refusal to act alone, emphasis on execution ability, and screening for high-quality trading talent.
The following is the details of the double the position size plan:
For a capital amount of 3000u to 5000u, use a short-term strategy combined with volatility operations, investing 10%-15% of the position ea

The short order from the morning is still held.
The target is aimed at 113000-112000 #机构以太坊储备破1000万枚# #Strategy放宽股票出售规则# #晒出我的Alpha积分# #BTC# #ETH#

Price Action Analysis Ethereum:
The rebounds after each decline indicate that there is still institutional buying support in the market, so there is no rapid collapse.
If the price can hold: 4192.35 and rebound, target positions: 4273.105, 4313.4825.
If the price breaks below: 4192.35, look to short, target: 4071.15-3950 support area!
However, the weekly trend remains upward, and the long-term bull market has not been disrupted. A deep drop can be used to position in spot trading. #机构以太坊储备破1000万枚# #Strategy放宽股票出售规则# #Gate七月透明度报告发布# #BTC# #ETH#

Insiders warn: Bitcoin will enter a Bear Market next year.
The CEO of the crypto company Canary Capital predicts that Bitcoin could rise to a maximum of $150,000 during this cycle, before entering a Bear Market next year, mainly due to concerns about the macroeconomic outlook.
Steven McClurg, CEO of the crypto asset management firm Canary Capital, stated last week that Bitcoin could rise to a maximum of $150,000 during this current upcycle, after which it would enter a downtrend.
The main reason for his judgment is that he is not optimistic about the prospects of the macro economy. Therefore,

8.19 Morning Report
1. BTC has been going around in circles, and in the end, it was brought down by ETH in the morning, with the rebound also following ETH.
2. ETH is undoubtedly the leader of this wave, driving the entire market along, and even BTC cannot stand alone.
3. The on-chain activities of SOL have become dull, and with the platform wars reaching this point, the direct wealth effect has been suspended;
4. The meme coin launch platform battle has reversed again. At the moment LetsBonk collapsed, Pump took the lead, and its market share exceeded 90% once more.
5. After Trump signed the

8.19 Morning Bitcoin Strategy Analysis
There’s no need to elaborate on yesterday's market situation here. To put it simply, Bitcoin reached a space of 1986 points. No need to say more about the rest, just follow along and enjoy the gains!
In the four-hour chart, the price has pulled back and closed lower after a short-term high, indicating that such a trend is clearly not strong and instead shows characteristics of range oscillation. The bulls and bears will continue to struggle this week.
Observing the 4-hour cycle chart, we find that the Bitcoin price has repeatedly attempted to break the hi

The current market is quite large.
As we all know, Zhao Si can effectively avoid wash trading throughout the whole process.
The continuous winning streak is something everyone can see.
This week there are still spots available for recruiting margin trading players.
Hold hands tightly!!! #Gate七月透明度报告发布# #BTC ETF持仓破1530亿美元# #美联储终止新型活动监管# #BTC# #ETH#