Gate Latest Crypto Assets Market Analysis (September 8): BTC, ETH fluctuate in consolidation, BABI, UNITE, TA lead the pump.

On September 8, the cryptocurrency market continued its volatile pattern, with mainstream tokens Bitcoin (BTC) and Ethereum (ETH) consolidating within key support zones, while some altcoins such as BABI, UNITE, and TA (Trusta AI) surged strongly, attracting short-term capital attention. The Gate research team conducted an in-depth analysis of the current market structure, technical signals, and investment strategies.

Core Performance of the Market

BTC: Current price 110,818.1 USD, 24-hour decline of 0.28%, short-term consolidation, institutional holding amount breaks 1 million coins, long-term confidence remains.

Support level: 110,450.5 USD

Resistance level: $111,600

ETH: Current price is $4,290.98, with a 24-hour decline of over 4%. Short-term volatility is intensifying, but on-chain new issuance of 2 billion USDT is observed, and PoS network activity is increasing.

Support level: $4,270.74

Resistance level: 4,335.97 USD

alts Highlights

BABI: Current price 0.000632 USD, pump 39.79%, trading activity skyrockets, high volatility attracts short-term funds.

Support Level: 0.0002903 USD

Resistance level: 0.0006779 USD

UNITE: Current price is $0.0005953, with a pump of 37.16%. Market attention is rising, and short-term buy signals are evident.

Support level: 0.000403 USD

Resistance level: 0.0005953 USD

TA (Trusta AI): Current price 0.17492 USD, increase of 26.49%, high social media popularity, driven by the demand for decentralized identity verification.

Support level: 0.0994 USD

Resistance level: 0.17724 USD

Technical Signals and Market Sentiment

Fear and Greed Index: 51 (Neutral)

Momentum Indicators: BTC and ETH are both in a consolidation range.

Trading volume: Continues to increase, providing momentum for the market ahead.

Volatility: Moderate, not suitable for excessive aggression

Liquidity Health:

The trading volumes of BTC and ETH are 566 million USD and 620 million USD respectively, with sufficient liquidity.

alts have high volatility, and there are opportunities for short-term arbitrage.

Investment Strategy Recommendations

short-term (1–4 weeks)

Entry Timing:

ETH can be bought in batches when it pulls back to around 4,275 USD.

BTC is looking for buying opportunities around $110,500.

Take profit and stop loss:

ETH stop loss at $4,250, take profit at $4,450

BTC stop loss at 109,800 USD, take profit at 112,500 USD

Position Management: Total position not exceeding 30%, build positions in batches.

Medium-term (1–6 months)

Trend Judgment: Mid-term optimistic about the pump potential of BTC and ETH, but need to follow macroeconomic and regulatory policies.

Asset allocation: BTC 60%, ETH 40%

Key nodes: Regulatory policy release, large institution investment dynamics

Conclusion

The current market's mainstream tokens are fluctuating and consolidating, while alts are active in the short-term, with an overall neutral and stable sentiment. In the short term, traders can buy on key support levels and take profits at resistance levels; in the medium term, attention should be paid to macro and regulatory changes to seize long-term opportunities in mainstream assets.