The Bureau of Labor Statistics jointly released false data, and there will be another sharp decline on Thursday. BTC/ETH continues to experience high volatility, and altcoins will continue to focus on RWA and Hong Kong concepts.
Do not rush to enter the market for now. If the major currencies do not reverse, altcoins are all false breakouts. Although altcoins seem to rebound across the board during the day, over 80% of altcoins are rebounding in the range of 0%-5%, creating a false impression of market reversal. Everything should wait for a significant drop in major currencies or a significant drop in the second currency before assessing market sentiment. As always, buy when no one cares and sell when the crowd is buzzing.
Summary and Operational Suggestions
The U.S. Bureau of Labor Statistics jointly released false data to deceive the market, employment sentiment is bleak, and there is an urgent need for monetary easing for salvation. The interest rate cut in September remains uncertain.
In terms of contracts, short positions at high levels are recommended, waiting for the third announcement of new tariffs to be implemented on Thursday.
In extreme market conditions, do not impulsively enter altcoins too early; it is crucial to wait for market dynamics after a significant drop.
Expect major currencies to cyclically pull back to around 108,000-109,000, and the second currency to cyclically pull back to around 3,200-3,300.
Mainline is clear:
Clear out altcoins, lightly position short on mainstream at high levels + focus on RWA sector and Hong Kong concept altcoins in the future.
Strategy remains unchanged: control positions + structurally participate in mainline sectors + avoid chasing high traps.
