📆【August 4 · Crypto Circle Early Insights】
It's quite interesting that for several weeks in a row, the market has suddenly taken off on Sunday afternoons. It feels like the market has learned the script of the weekend V-shaped rebound. As long as you don't have any short positions, you can sleep soundly after your Sunday nap.
📌 BTC shows V-shaped rebound again on Sunday, target 115000
The one-hour candlestick has directly displayed the "Pixiu Step", and it looks set to reach 115000. This weekend's rebound seems to be on cue, hitting when people are most relaxed.
📌 ETH, the strongest contender, reclaims 3500
ETH continues to firmly sit at the top among the big three, being the first to charge forward when the market turns. Whether it can break through 3600 in the short term depends on whether market sentiment can keep up this week.
📌 SOL follows the rise, on-chain activity is actually not bad
SOL hasn’t made any big moves, but the on-chain NFT and Bonk-related projects are still hot, and short-term performance may still depend on overall risk sentiment.
📌 Trump is active, “Truth” token plan exposed
Trump Media reported a quarterly loss of 20 million 🔪, stock prices fell, but the company directly revealed plans for a “utility token” and wallet. Additionally, Trump is actively seeking the next Federal Reserve Chair, making the plot more exciting than the market itself.
📌 ETH market data shines, Wall Street starts to stir
The share of ETH open contracts compared to BTC has risen to 40%, the highest since April last year. At the same time, 560,000 ETH are queued to exit PoS, and more than 120,000 are ready to join. Tom Lee also stated: the fair price of ETH could reach 10,000 to 20,000 dollars in the next 12 months.
Don't be too greedy; just do what you're familiar with when the market comes. Cut losses when needed, and take it easy when you can. After all, the market doesn't care whether you want to sleep on the weekend or not. 😮💨
