Brothers, pay attention! Yesterday, Powell hinted at a possible interest rate cut, which caused today's market to surge sharply. But tonight, at the latest by tomorrow, the global crypto market is likely to stage an epic battle between bulls and bears.
Whether the rise continues to build momentum, or if there's high-level liquidation, or a crash from high levels, I believe we will know within 24 hours.
Currently, Bitcoin has faded from view and is no longer leading the way. Next, it will be Ethereum, which is beneath one coin yet above ten thousand coins, leading again, making operations increasingly difficult. Why? Because the wash trading mode has officially begun, initially involving dramatic fluctuations, violent and direct, repeatedly, while later it will wear down willpower, time, and energy.
BTC is crazily fluctuating in the 113,000-120,000 range, with on-chain data revealing a single-day sale of 10.02 million coins by whales. Even more terrifying is that Ethereum has quietly launched the "Dragon Slaying Plan", with Layer 2 network daily transactions exceeding 5 million, and its market cap share soaring to 22.3%! But don't be too quick to celebrate; this grand ceremony of "one coin beneath, ten thousand coins above" hides three fatal dangers...
Act One: A Night of Violent Liquidation
At 3 AM, a "Doji" appeared unexpectedly, with a mysterious address completing 217 self-buys and self-sells within 2 hours! Data shows that the current proportion of programmatic trading in BTC has reached 68%, and triggering a 3% sharp rise or fall has become the norm. Even more ruthless, a top investment bank is launching the "Sawtooth Strategy", using a 0.5% amplitude to wear down retail investors' will day by day—remember! Historical data shows that 83% of bulls will surrender on the 15th day.
Act Two: The Sweet Trap of Ethereum
Don't be deceived by the illusion of the ETH/BTC exchange rate breaking 0.042! The Vitalik team is testing a new model for "Flash Liquidation", and Layer 2 miner fees have suddenly skyrocketed by 300%. Even more shocking, a certain exchange has suddenly launched ETH perpetual contracts with "100x leverage"—this is clearly the rhythm of a dragon-slaying sword coming into existence! Remember the three sets of numbers I've always mentioned: 112,000 (strong support), 123,000 (bull-bear watershed), 138,000 (ultimate target).
Ultimate Survival Guide
1️⃣ Split your position into three parts: 30% to firmly hold the 112,000 cost line, 40% to harvest in the 116,000-120,000 grid, and 30% cash waiting for CME options expiration impact (find out tonight at 8 PM!).
2️⃣ Set "Dynamic Take Profit": Move the stop-loss line down every time it rises by 5%, and activate the "Top Escape Robot" immediately if it falls below 110,000.
3️⃣ To profit in the cryptocurrency space, mindset is undoubtedly the most important quality of an excellent trader. Patiently waiting and firmly holding onto spot positions will ultimately lead to wealth.
Final warning: There are 15 days left until the Federal Reserve's September meeting! Historical data shows that market volatility will surge 400% seven days before a policy shift. Click to follow Maizi for more important information in real-time, and you might become the next wealth legend!
