8.14 Macroeconomic Market Analysis

Good morning, brothers. It has fully exploded, and those who followed Long Ge in the car this time have all seen good returns! The next question is, how much more can it rise, and when will there be a major correction?

Some brothers have asked whether this rise is due to the MACD golden cross. The rise or fall is not determined by technical aspects; it’s not about looking at MACD/KDJ or other indicators. If we get trapped in technical analysis, it’s easy to get liquidated.

The actual reasons are:

Inflation easing, increased expectations for interest rate cuts, and unprecedented institutional participation through ETFs. These factors have jointly created a powerful trend. It’s rare to hear anyone around us buying ETH! So why did it surge threefold? This round of increase is not due to the frenzy of retail investors but driven by institutions scrambling for chips.

Given that the institutional acquisition prices are too high:

BTC is around $100,000-$110,000

ETH is around $3,500

BNB is around $760

So, it’s not the top yet; at least institutions need to make a 50% profit before it’s risky. Currently, it’s not suitable to re-enter ETH. Some brothers remember to take profits in batches and not to be too greedy.

BTC, BNB, and SOL can still be held; there’s no need to sell for now as we haven’t seen any top signals. Be patient and hold on; the exit signal will be notified to everyone in the V1P group!

This analysis is for reference only; adults must take responsibility for their own decisions. Investing has risks, please invest spare money, and think independently!