In a volatile market, you need to grasp these key points!
$BTC is being pulled around the 110,000 mark; if we can hold the 110,600 position, it is a good opportunity for medium-term layout;
But the real protagonist is $ETH , with 4,400 being a short-term pressure level. A breakthrough could open up upward space, but a pullback to 4,100 might actually be a buying opportunity;
Although the altcoins are lively, the risks and rewards are proportional:
Coins like oracles and CFX, driven by news, may usher in a second wave of market trends, but they are only suitable for small positions and short-term trading; additionally, $CFX has support from the expectation of a September upgrade, which could be a medium to long-term opportunity, but one must also weigh whether they can withstand a pullback!
Tonight's Jackson Hole meeting and the macro events at the end of the month will become the driving force, and the market may oscillate until early September before finding direction. For us small investors wanting to make a profit, I personally suggest focusing on mainstream investments rather than chasing altcoins and trying to time the market.
There is a saying that goes well: People can only earn money within their understanding! So if you want to avoid detours, focus on the main trends and join the quality core family~ Keep up with my pace, I will provide you with real-time information and top layouts for easy profits, feel free to join if you recognize it!
