Yesterday, Bitcoin surged and then fell back, dropping to around 117000, while Ethereum retracted to around 4450. But every time there's a bull market pullback, it actually presents an opportunity to position in quality assets! Last time Ethereum retracted to 3350, I was away for ten days, and when I returned, it had risen to 4790, almost reaching a new high, and it surged more than expected. Looking at this wave of the market, it pulled back from 3950 to 3350 at the beginning of the month, a drop of 600 dollars, but unexpectedly rebounded directly to over 4800, an increase of more than 1400 dollars, which clearly indicates that there is significant capital pushing it. Bitcoin's rebound during this period is not as strong, rising from 112000 to 124500, which is less than a 10% increase. Judging purely from the ratio, Ethereum is the market focus, and the liquidation data also confirms this, indicating a strong speculative atmosphere with high leverage.
When it comes to high-leverage contracts, ordinary people really cannot understand it. Just look at those big players whose net worth is in the tens of millions of dollars, as they might go to zero. For ordinary people, ensuring the safety of the principal is the most important thing if they encounter high-leverage contracts! Don't think about becoming rich overnight; steady profits are the way to go. It's okay to miss a wave of the market; the next wave will come. Ethereum rose from 1400 to 4800, and many people missed out, but chasing highs carries huge risks. The market has pullbacks and panic, which are buying opportunities; chasing high-leverage contracts could mean losing positions during a pullback. Yesterday, Ethereum was above 4600, and many people had already been liquidated.
Funds continue to flow in, with Ethereum and Bitcoin's new highs driving Hong Kong ETF funds over 100 million, and A-shares have quietly risen to 3700 points, but many people have not made money, indicating that the market only effectively favors the varieties that attract capital attention. The standout performers are still those few with capital and concepts:
ENA, stablecoin + Ethereum concept, can be speculated on in the short term, but caution is needed in the long term.
LDO, the leader in Ethereum staking, is safe and stable, but its market share is declining, and its growth rate is not as strong as before.
Layer 2 tokens: ARB, OP, ZK, STRK, METIS, all rebounded to new highs, but with large volatility; to profit, one must keep a close watch on the Ethereum ecosystem.
UNI and AAVE are performing well; UNI has good news and is worth watching.
BNB has surged, but CAKE's linkage is not strong; it can be considered for medium to long-term positioning.
Other notable performers: LINK, ADA, BCH, SSV, RPL; the safer LDO remains stable.
Currently, Ethereum is experiencing a continued rise, and the TVL is also at a high level. A short-term pullback is quite normal. From the perspective of USDT market share, there is still room for a new high. When Ethereum creates a historical new high, attention needs to be paid to rotation, just like how Bitcoin's new high drives up ADA, XLM, XRP, and DOT. The next wave of momentum may come from a Federal Reserve interest rate cut.
The public chain sector is worth paying attention to; CFX is the only compliant public chain in the country and already has a foundation for growth. There are positives in September, and during the altcoin season, it might double. BNB is a leader, with limited downside, and may subsequently push for the next wave of Ethereum's main surge.
In summary: A bull market pullback is an opportunity to get on board, with a focus on valuable, capital-rich, and potentially favorable assets. CAKE, CFX, LDO, ENA, UNI, and ETC are worth watching; Ethereum series bulls should boldly position themselves; as long as it doesn't break 4000, a surge to 5000 is very likely.
In 2025, may my brothers' wishes come true, their positions multiply, and their financial gains flow in!
Yesterday is now the past; let us embrace the present in the best state, following the trend, as it is quietly taking shape.
I will always fight alongside my brothers, never leaving or forsaking each other!
I will continue to share my favored spot opportunities and insights, hoping to accompany everyone in navigating the market and achieving a win-win future!
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