Bitcoin's recent small correction, from a 4-hour perspective, has already seen 2 effective support levels around 112,000. Yesterday's price action made this signal even clearer, and we can also see that Coinbase's premium has returned, indicating that American buying interest has come back.
Ethereum has returned to 3,700 USD, with strong assets making a comeback; subsequently, strong altcoins will follow the mainstream market's upward trend. I've been saying that the lower it goes, the more you should buy, and the logic is here. Currently, the signals for a rate cut in September are becoming increasingly evident, and the market will likely rekindle speculation around rate cut expectations. Therefore, this week could be the best buying opportunity.
