Recently, the Crypto Assets market has shown Favourable Information due to confirmed expectations of interest rate cuts, making go long strategies seem reasonable in the short term. However, we must be wary of potential market adjustments that may occur after the sentiment wanes. Historically, interest rate cuts triggered by political commitments are often accompanied by financial turmoil, which is worth following.



For Bitcoin, the recent trend may mainly focus on going long after retracement, with key support levels at 113500 and 114200, and resistance levels at 117500 and 118200. If the support levels are broken, the investment strategy may need to be adjusted.

Regarding Ethereum, although on-chain activity is active, it is also susceptible to overall market sentiment. Investors should be cautious and avoid chasing prices at high levels. 4880 is an important resistance level, and it can only continue to rise if it breaks through, while 4560 is a key support level.

Overall, the current market is full of opportunities and risks. Investors need to closely follow changes in the international situation, weigh various factors, and make informed investment decisions. In this uncertain market environment, maintaining a clear mind and flexible strategies is crucial.
BTC-1.16%
ETH-3.37%
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MevHuntervip
· 08-24 21:00
It's all up to the retail investors' sentiment.
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MiningDisasterSurvivorvip
· 08-24 13:50
I see someone shouting bullish again, don't they remember the tragedy of 2018?
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TommyTeacher1vip
· 08-24 13:40
Risk control first, let's go!
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ser_we_are_earlyvip
· 08-24 13:34
It's just a trick to Be Played for Suckers by institutions.
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Ser_Liquidatedvip
· 08-24 13:33
bull is done
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BearMarketSurvivorvip
· 08-24 13:24
Build the project carefully and observe cautiously, prioritizing loss control.
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