I think this drop is completely normal. Setting the news aside, let me talk about the technicals: the trend-support gap in Ethereum’s parallel ascending channel is at 2,380. As I said, it would move sideways around 2,450 over the weekend and then drop to fill this gap on Monday. Last night’s pump clearly looked like it was setting up for a dump, so I immediately entered a short. In just one night, it smoothly cascaded down to the pattern support around 2,380. I just went long again at the low, leaving room to add to my Bitcoin position. Bitcoin’s strong support is around 75,600, while 76,000–7

Bitcoin Holds Near $79K
bitcoin:native is holding around $78,800 after another rejection above $80K. The broader market remains strong, with total crypto market cap at $2.65T and Fear & Greed at 78.
📊 ETF demand remains a key driver despite BTC seeing $201.9M in outflows on August 28, ending a nine-day inflow streak. Ethereum ETFs continued attracting capital.
Key levels: $81.8K resistance → breakout could target $83K–$85K. Support sits at $77.5K–$76K, with $75K the major floor.
👀 This week's US jobs data could decide Bitcoin's next major move.

🈳One more level down $XAU

Are you having second thoughts again, afraid to make a move? 🤦‍♂️
The promised 4440 level—did the market “couldn’t wait” to deliver it?
Opportunity is like a bus: if you don’t get on when it arrives, once it leaves, you can only wait for the next one.$XAU

Tong Ge’s 8.31 ETH Strategy
Enter [unverified term] near $ETH 2450-2470, stop-loss at 2490, first target 2400, and second target 2350.
Current price: 2415. Yesterday’s high reached 2534, but it still failed to hold above the 2530-2550 resistance zone. When the news came out this morning, it followed Bitcoin lower all the way to 2384, wiping out 150 points in a single day. On the last day of August, it certainly showed some attitude.
After the sharp drop, it rebounded back above 2400, showing that buyers are stepping in below. But don’t rush to call a bottom just because it bounced back. This

XAU Analysis
At the daily level, bullish momentum in gold has clearly waned after its surge, with a large volume of profit-taking positions accumulated at high levels. Rebound highs are gradually declining, while overhead pressure remains heavy.
With the Fed’s rate decision approaching, if its policy stance is hawkish, U.S. Treasury yields will rise. As a non-yielding asset, gold will face higher holding costs and remain under pressure to decline.
Overhead resistance: 4480 short-term resistance, 4620 key resistance threshold
As long as the rebound fails to hold above 4480, the bearish structur

Sometimes I can’t help but marvel at how strangely and diversely God made people. The differences between people are truly enormous—even siblings can have completely different personalities.
For example, some people can’t stay indoors for even a minute. They’re always eager to go hiking, explore the outdoors, and keep exercising. Others simply can’t understand that and would rather stay home, eat well, sleep well, surf the internet, and play games. In reality, everyone can do their own thing; there’s no right or wrong.
The problem is when two fundamentally different kinds of people insist on l

u-jie 8.31 $ETH Analysis
Entry zone: Go long after stabilization around 2385–2400
Stop-loss: Below 2360
First target: 2460; second target: 2500–2508
This move is a sharp decline driven by news, not a sustained one-way drop. A technical recovery rebound is likely after the sharp decline.
Do not chase a long position at the current price. Wait for the price to pull back into the 2385–2400 range, stop making new lows, and form a bottoming candlestick. Enter to trade the rebound only after signs of buying support emerge.

Early this morning, Bitcoin came under pressure after surging to around 79,384, triggering a pullback. The price fell to a low near 76,947 before finding support and stabilizing, then rebounded for a recovery. It is currently fluctuating around 77,630!
From the current chart structure, after a sharp rise, the daily chart underwent a brief pullback and consolidation. The price remains firmly above the Bollinger middle band, with the broader bullish structure intact. On the 4-hour chart, the decline eased after a rapid retest, while the Bollinger Bands narrowed and bearish momentum was fully rel

A Brief Analysis of BTC’s Short-Term Trend from Dow Theory, Chan Theory, Elliott Wave Theory, Volume-Price Relationships, Order Flow, and Price Action
$BTC #BTC
I. Dow Theory
Primary trend (1-hour timeframe): The primary downtrend from the historical high of 82,814 on May 6 was confirmed to have reversed in mid-August. The price began a strong rebound from the August 14 low of 62,488. After forming a double bottom at 63,979 at 03:00 on August 18, the bulls launched an epic rally. From 63,979, the price surged to the August 25 high of 81,235, for a cumulative gain of 17,256 (approximately +27.

JUST IN: Codex hits 25M active users, 10 days after 20M milestone. OpenAI also reset paid quotas for Codex and ChatGPT Work users for the second straight day, citing abnormal quota activity. $OPENAI

Trader 0x0392 started longing $ETH 4 days ago, opening an 8x long on 45,087 $ETH($108.92M), and is currently sitting on a $3.18M unrealized loss.

$SKR has cleared part of it; what remains is in the hands of fate. Grateful.

📉 MACRO SHOCKS AND LEVERAGE FLUSH: NAVIGATING THE LATEST CRYPTO MARKET CORRECTION 🛡️
The cryptocurrency market has hit a volatile speed bump as macroeconomic policy shifts trigger a broad-based cool-off across digital assets. Following a powerful rally that pushed Bitcoin briefly past the $81,000 milestone earlier in the week, prices have pulled back sharply.
Bitcoin ($BTC ) has retraced below the $78,000 threshold to hover near $77,300–$77,700, while Ethereum ($ETH ) softens near the $2,430 mark. The recent correction serves as a sharp reminder that macro headwinds can instantly override loc

$PONS just flipped Axiom and Hyperliquid in 24hr revenue
Memecoins are back

8.31 Go long on ETH near 2400, defend at 2350, targets 2450/2520
ETH surged to 2535 on the 1H chart before repeatedly pulling back on increasing volume. Current price: 2413.
Short-term moving averages are flattening and converging. Long lower wicks near the 2400 level indicate buying support. After breaking down, the candlesticks show oversold conditions. Stabilization and entering long positions is more prudent than chasing shorts; focus again on an oversold rebound.
On the news front, Fed’s Warsh turned hawkish, sending expectations for a September rate hike up to nearly 60%. Macroecon

8.31$BTC Silk Road and Strategy
The previous high of 79384.4 faced pressure and fell back, dipping to an intraday low of 76947.2, with the current price at 77800. The Bollinger Bands are opening downward overall, with the price below the middle band, indicating a low-level rebound and recovery after a sharp decline; the MACD bearish histogram continues to contract, and bearish momentum has weakened somewhat, making it suitable to go long on a stabilized rebound.
#btc
Key levels: upside resistance at 78400‑78900, strong resistance at 79380; first support at 77400, strong support at 76947.
Lon

Wtf !! What you KoLs do to $Qenis
3x bounce shoon ?!
EkcTa8n14fXcHdfvZqCg72cTCutJnnKb19vcHwKTpump
#crypto