The rebound strength of BTC is relatively weak, but ETH is quite strong, with the ratio returning above 0.032. Whether this strength can be sustained in the future completely depends on the off-market financing capabilities like sbet bmnr, as there is no narrative for this round of ETH, and retail investors have basically shown no enthusiasm to participate, relying purely on off-market financing to drive the price;
Bitcoin has not stabilized at the 4-hour level, and there is still a possibility of another drop to test support. Contract users must pay close attention to risks, but the decline will be very short-lived. After this week, signs of a market restart will be visible, as the market is eager to speculate on the expectation of a rate cut in September. Therefore, it is very suitable to start positioning in some quality leading altcoin targets from now on. This is the basic logic of buying more as prices fall that I mentioned before;
