$ETH experienced a drawdown, took half a month off, and restarted the challenge with $1,000! Currently at $2,950!

September 2 Jinman Gold Morning Review: Spot gold moved in a narrow range during the early session. It opened today at 4333.12, basically unchanged from the previous close. The current quote is 4327.48, with the intraday high reaching 4334.65 and the low falling to 4326.32. Overall volatility remained limited. Overnight, gold prices continued their sharp decline, falling further to 4322.89 and refreshing the recent low, with bears completely dominating the market direction. Technically, after the continuous decline, the short-term timeframe has temporarily halted its fall and moved sideways, creating a need for an oversold rebound and correction. However, the overall weak pattern remains unchanged. On the 4-hour timeframe, the downtrend channel is clear after the large bearish candle broke down, while rebound momentum is insufficient and the upside is limited. For today’s trading, follow a weak-range strategy during the early session. Consider opening short positions in batches if prices rebound to the 4350-4370 range, with downside targets at 4320 and then the 4300 level. #黄金 #Gate用户突破6000万 $BTC $ETH

9.2 Bitcoin & Ethereum Morning Analysis The market fell first and then rose last night, making a bottoming and rebound move. Although it plunged briefly during the session, funds quickly entered to buy the dip and pushed the price back up. The price has now stabilized, indicating strong support below and that it cannot fall further. The selling pressure from bears has nearly been fully released, and market sentiment is improving. The current sideways consolidation is actually building momentum, commonly known as “mid-air refueling.” The price holding steady indicates that the bulls are regaining control. Don’t be frightened by the current consolidation; it looks more like the final shakeout before a rise, washing out weak-handed positions. The market will most likely move upward afterward, so the outlook should turn bullish. Trading suggestions: Go long BTC directly around 76700-77100, with a stop-loss around 761 00 and targets at 78000-79000 in sequence. Go long ETH directly around 2390-2410, with a stop-loss around 2360 and targets at 2440-2460 in sequence. $BTC $ETH