8.31 Morning Bitcoin and Ethereum Market Analysis Bitcoin’s short-term upward momentum has once again been disrupted. It encountered resistance around 79000 in the early hours. What should have been a normal pullback found support at the 78000 level, but the sudden US-Iran conflict triggered concentrated short-side selling, rapidly driving the price down to around 77000. Buying support below then immediately pushed the price back up to around 78000. ETH saw relatively large short-term volatility, rebounding from 2450 yesterday to around 2530 amid increased long-side volume, before falling to 2384 in the early hours after stalling. It has now returned to around 2430. Those who suffered losses should adjust their mindset promptly and prepare for the subsequent market conditions. Overall, the pullbacks seen recently have basically been driven by news, while the broader retracements have not broken below key support zones. The long lower wicks formed several times also indicate buying support below. On Bitcoin’s 4-hour chart, the support of the Bollinger Band middle line has become a short-term resistance level. The MACD fast and slow lines are nearly converging near the zero axis. Although bearish momentum has been released, the conditions for a golden cross are still present. However, note that KDJ is currently diverging downward, so the short-term bearish pattern has not completely changed. For now, watch for a breakout of the short-term resistance at 78500 or stabilization around 78000, with support around 77400. ETH’s short-term support is around 2410, while immediate resistance is around 2450. $BTC #Gate7天净流入全球Top3 $ETH

Starlink | BTC 0831 Today's Plan Direction: Primarily buy on pullbacks Entry: Around 77,300–77,800 Stop loss: Below 76,800 Targets: 78,500–79,000; if it breaks through, continue watching around 79,500 This morning, affected by unexpected US-Iran news, BTC suddenly sold off sharply, hitting a low of around 76,853 again, but it did not trigger panic-driven sustained exits, and the price was quickly pulled back up. From the chart, 76,800–77,000 remains an important support zone for this move. So my plan for today remains the same: Don't chase the highs; wait for a pullback. You can buy around 77,300–77,800, with the initial upside target at 78,500–79,000. But if it breaks below 76,800 again and cannot quickly reclaim it, that means the market has weakened again—cut losses and admit the mistake. Today's core message in one sentence: The sudden news-driven drop brought out panic, but as long as key support has not truly been broken, don't easily mistake a pullback for a trend reversal.$BTC ‌$ETH ‌#BTC重返81000美元 #HYPE续创历史新高

Starlink | 0831 ETH Outlook for Today Direction: Primarily look to go long around 2420–2435 Stop-loss: Below 2400 Target: First look at 2480–2490, then focus on above 2500 At 6 a.m. today, the situation between the US and Iran suddenly escalated, and market risk aversion was quickly released, sending ETH directly back to Friday’s pullback level. The US military’s renewed strikes on targets in Iran recently have indeed put clear pressure on market risk appetite. But the key point is— After ETH fell to around 2400 at its lowest, it did not continue with a panic-driven sell-off. Instead, buying support and a rebound appeared immediately. This shows that the area around 2400 remains a very important short-term support zone. From the chart, Friday’s sharp drop had already tested this level once. Today’s sudden news triggered another plunge, but the price quickly recovered around the same area. Buying support appearing twice consecutively at the same level is not a coincidence. So my thinking today is very clear: Do not chase in the middle; wait for a pullback around 2420–2435. If the price can hold after the pullback, consider going long here. In the short term, first look at 2480–2490, and if strength returns, then focus on above 2500. But if 2400 is truly broken effectively, it means this support has failed, and the stop-loss should be triggered immediately. The core message today is just this: Sudden news can change short-term sentiment, but before it triggers sustained panic-driven exits, the area around 2400 remains a strong support level; after a break below it, reassessment is needed.$BTC ‌$ETH ‌#BTC重返81000美元 #沃什年度讲话前瞻紧盯利率信号