8.13 Market Precision Analysis:
Last weekend, I reminded everyone that this week BTC and SOL would take turns making moves. Yesterday, SOL surged directly by 13%, and those on the bus have earned a profit again. Congratulations!
Last night, the U.S. CPI data came in lower than expected, which is a significant positive for a rate cut in September. The interest rates are still quite high, but BTC has already surged to $120,000. This is not due to liquidity stimulus, but rather driven by policy changes. Once the actual rate cuts happen, the release of liquidity will further push up BTC, and altcoins will naturally benefit.
Some friends are worried if BTC will drop back to $65,000? I believe the possibility is extremely low, perhaps less than 5%. Unless an extreme black swan event occurs, such as the U.S. suddenly canceling BTC strategic reserves or a major political event. But in trading, we should focus on the high probability scenarios and not be deterred by low probability events.
Previous intelligence also mentioned that the U.S. has lifted restrictions on pension funds investing in cryptocurrencies—American retirement savings amount to several trillion dollars. Even if only 10% of that flows into BTC and ETH, it would bring in hundreds of billions of dollars in incremental value, which is enough to double the sizes of BTC and ETH. Shorting the market now is going against the trend.
Strategy:
Take profits in batches as SOL reaches 220.
Take profits in batches as BNB approaches around 850.
Maintain a reasonable position, hold patiently, don’t watch the market every day, give the market time, and also give yourself time; returns will come naturally.
