8.31 Bitcoin and Ethereum Market Analysis May each of us follow our own clock, making choices we will not regret. With the U.S. stock market about to open, looking back at the previous market action, the daytime session overall followed an upward pattern. The morning low reached 76,947 before quickly rebounding, while the intraday high reached 78,774. It is worth noting that the candle closed as a solid bullish candle without a long upper shadow. Although it is currently under pressure and has pulled back to around 78,000, it has not successfully broken down and continued lower. Therefore, short-term support is relatively clear: 77,000 below is currently a solid bottom support. Friends who followed the strategy and rhythm should patiently hold their long positions and wait for the U.S. stock market action! From the current market structure, the daily timeframe is alternating between bullish and bearish candles, still fluctuating and washing out positions at the bottom of this range. As long as this bottom is not effectively broken, the overall direction will not change significantly. At this point, as long positions are entered, patience alone can bring profits. Since the broader trend remains unchanged, the only issue is the entry level. Based on the current market structure, any level below 78,000 can be used to enter long positions, then simply wait for the U.S. stock market action. If the price continues downward but fails to break below the 77,000 support, one additional position can be added nearby. Focus on whether the 77,000 support remains effective, set your stop-loss level, and go long directly, targeting higher levels! btc: Enter long at any level below 78,000, target 79,000, take profits in batches, then target 80,000 eth: Enter long at any level below 2,440, target 2,500, take profits in batches, then target 2,550#Gate首发上线日股交易 $BTC $ETH

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I was just about to go in and rant, but then I looked at my account and decided against it. Let it pump however it wants—I’ll hold my short and watch the show. 🤭 When the sell-off hit early this morning, the rebound was weak and the bull trap was obvious. However you looked at it, it was clearly a setup where nobody would take the price higher. The short opened at 152.22 is now at 106.48, and the +1447.07% profit is already in the bag. Feeling good, brothers. 😎 First close 70%; protect the remaining 30% at breakeven, so even a rebound won’t eat back the profits. The market is the ultimate cure for all kinds of defiance, especially for the person who thinks they’re the smartest. Money earned is the realization of your understanding; money lost is the flaw in your understanding. Don’t rush to chase the next wave. The fattest first bite is already in your pocket. Wait for the next shot—there will be more opportunities ahead. 🚬 $BTC $ETH