According to the current market expectations, the possibility of the Fed maintaining interest rates in September is very high, which is undoubtedly a positive factor for the overall market. In addition, the recent surge in the US dollar index has also indicated the need to prepare for a pullback in the near future (similar to the significant bearish sentiment in mid-July, but just before the decline, it still hit a new high of 31.8k). Therefore, there is no problem with a long-term bullish view, including spot positions. For short to medium-term investors, it is important to pay attention to double bottoms or new lows, and not to chase the rise or sell off before the appearance of the second or third wave of solid support.

Review of the previous period:

Last Friday, we live broadcasted the main short-selling strategy, and it was a perfect top capture, successfully taking down a round of high short-selling. It was also clearly stated that as long as 1630 is not broken, it is possible to continue to buy near that level. For Bitcoin, the level was 25.8k, basically capturing both long and short positions in the final round of this week's market. BCH, LTC, and others are still not worth considering, as the overall market is waiting for opportunities and just needs to follow the mainstream direction.

The market top and bottom for this week have already appeared, and the range between 25.3k and 26.8k is the oscillation range of the current low. However, after the completion, it was clearly weak, and even a 200-point fluctuation was difficult to appear over the weekend, with no operational opportunities. However, preparations can already be made at the long-term level. As mentioned in the live broadcast last week, it is expected that after a week of oscillation this week, a one-way breakthrough will begin to appear at the end of the month. Short to medium-term investors can wait for this round to end before entering the market.

From a long-term perspective, even if the market situation is not good, it is unlikely to fall much further. Therefore, it is fine to buy spot positions on dips, even down to 21k. It is uncertain whether a round similar to the 312 event will occur before the rise, so leave some room and prepare mentally.

For Ethereum, the execution can be synchronized, and 1630 is a clear recent support level. In the short term, trading can be conducted around this level. As long as the overall market maintains the key support level in the near future, it is sufficient to maintain a view of a step-by-step upward trend. It has been mentioned many times in recent live broadcasts that even if new lows appear, the trend for the second half of the year still favors the emergence of new highs.

免责声明：本文章仅代表作者个人观点，不代表本平台的立场和观点。本文章仅供信息分享，不构成对任何人的任何投资建议。用户与作者之间的任何争议，与本平台无关。如网页中刊载的文章或图片涉及侵权，请提供相关的权利证明和身份证明发送邮件到support@aicoin.com，本平台相关工作人员将会进行核查。