8.31 Morning Bitcoin and Ethereum Market Analysis The weekend flew by, and on the last day of the month, the monthly candle is also closing. Looking back at the previous market action, last night’s price movement was largely in line with our outlook. After rising to a high of 79384 last night, the price came under pressure and pulled back, with the low reaching around 76947, forming a slight pullback followed by a rebound from support. ETH moved in sync with BTC. The short-term buy-the-dip strategy given last night was perfectly realized, exiting with 500 points of profit on BTC and over 20 points on ETH. The range-bound structure is clear at a glance, and following the trend is the main theme for now. Intraday, we can continue looking for opportunities to buy on dips! From the overall structure, yesterday’s BTC pullback can actually be viewed as a bullish signal. Why do I say this? First, we need to analyze what caused this pullback. Daily-level consolidation is inevitable, and I also clearly stated yesterday that the key level to watch was the support around 77000. Since there was no effective break below it and the candle instead closed with a long lower shadow, this is enough to show that bottom support remains solid, with no signs of a breakdown. Second, momentum had accumulated during the weekend’s range-bound movement, and the bears released it in concentration during the early hours today, forming a short-term waterfall decline. This was not a trend reversal, but rather an attempt to trap shorts. The momentum accumulated over the weekend was not limited to bearish momentum! The bottom support test is complete, bearish momentum is gradually fading, and now we just need to wait for the bulls to exert their strength. The subsequent strategy remains to buy on dips, focusing on the 77000 support and continuing to target new highs! btc:77000-77500 buy on dips target 80000 eth:2400-2410 buy on dips target 2530#Gate首发上线日股交易 #AI初创企业半年吸金4000亿美元 $BTC $ETH

🚀 🚀 🚀 𝐌𝐚𝐫𝐤𝐞𝐭 𝐈𝐧𝐬𝐢𝐠𝐡𝐭 | #𝐎𝐧𝐂𝐡𝐚𝐢𝐧𝐀𝐜𝐜𝐮𝐦𝐮𝐥𝐚𝐭𝐢𝐨𝐧 #WhaleTracker On-chain data reveals significant whale accumulation as a single wallet address acquired 5.24 million tokens for approximately $1.9 million in ETH over the past 6 hours, signaling concentrated buying pressure and strong localized conviction. 📊 𝐊𝐞𝐲 𝐌𝐞𝐭𝐫𝐢𝐜𝐬 • Accumulated Volume: 5.24 Million Tokens • Total USD Value: ~$1.9 Million (in $ETH ) • Time Window: Past 6 Hours • Transaction Type: On-Chain DEX / Swaps • Market Bias: Bullish Accumulation 🐂 💡 𝐖𝐡𝐚𝐭 𝐓𝐡𝐢𝐬 𝐌𝐞𝐚𝐧𝐬 𝐅𝐨𝐫 𝐓𝐡𝐞 𝐌𝐚𝐫𝐤𝐞𝐭 1. Whale Conviction: Aggressive multi-million dollar accumulation within a short 6-hour window suggests potential insider confidence or strategic positioning ahead of upcoming catalysts. 2. Decreased Sell-Side Liquidity: Absorbing 5.24M tokens directly off decentralized liquidity pools reduces circulating floating supply, paving the way for easier upside expansion. 3. Retail & Smart Money Following: High-volume wallet purchases often trigger automated copy-trading bots and retail momentum traders, increasing overall trading velocity. 🎯 𝐊𝐞𝐲 𝐋𝐞𝐯𝐞𝐥𝐬 𝐓𝐨 𝐖𝐚𝐭𝐜𝐡 • Resistance 2: Macro supply target (Price discovery ceiling) • Resistance 1: Immediate local breakout barrier (Whale average entry zone) • Support 1: Local 4H dynamic support floor • Support 2: Key structural demand base ⚠️ Rapid whale accumulation can lead to heightened short-term volatility—always manage risk and execute strict stop-losses! Do you follow whale wallets for your trading entries? Share your thoughts below! 👇 ‍#CryptoNews #Crypto

8.31 ETH $ETH Entry: go long around 2380-2400; stop-loss at 2350; target 2460-2520 The 2350-2380 range is the bottoming low after the sharp drop on August 29, as well as the area of concentrated chip trading during the previous rebound process, with a large amount of market positions concentrated in this range. When the price retraces to this area, it will trigger position additions at the cost line and bottom-fishing buying, forming phased support and a buffer. It is an important short-term defensive level for bulls and bears. If the price subsequently drops again to test support around 2350, as long as short-period indicators do not simultaneously set new lows, a bullish divergence structure will form on the 1-hour / 4-hour timeframe. This is a typical short-term rebound signal and will attract technical traders to enter long positions #AI初创企业半年吸金4000亿美元