Weekly Analysis of the Cryptocurrency Market (08.25)

【Wrote half in the early morning and then fell asleep. Woke up and supplemented the other half. There may be some disconnection during the reading process, but it does not affect the results】

Summary:

1. The dangerous combination of M2 and PPI soaring in sync

2. Bullish signals from high beta momentum indicators

3. The imitation season of US stocks is ongoing

4. Bearish from a technical perspective, bullish from a fundamental perspective, how to choose?

5. Weekly MACD dead cross, needs a weekly bullish engulfing to break it.

6. Probability of a downward pin on Monday, but it may not be very deep. Even if a relatively deep pin is made, it is still highly likely to close positive this week.

7. What are the main players doing

8. Bull-bear ratio and USDT.D

On operations:

1. Holding a long position for $BTC , will hold at least until the rate cut on 9.18, taking profit of 2/3 at 136000. The timing for the remaining position and spot selling will be discussed later.

2. Holding a long position for $ETH , will hold at least until the rate cut on 9.18, taking profit when the exchange rate reaches 0.05 (or at 6100 is also acceptable).

3. Holding a long position for $SOL , will hold at least until the rate cut on 9.18, taking profit of 2/3 at 218. Close the remaining position and sell the spot when the exchange rate reaches 0.002.

September is definitely going to rise, what remains unknown is how the market will behave in the remaining time of August, but in any case, the market is about to start, and the time is a bit tight.

Those holding long positions should be patient; the next unilateral market trend is more likely to be upward, especially with Ethereum reaching new highs, it doesn't make sense for Bitcoin not to reach new highs. Once the unilateral market trend is established, there will be no need to closely monitor the market, just take profit and exit at the appropriate position.

It is worth mentioning that when Bitcoin reaches a new high next time, it is highly likely that there will be no pullback, but rather a continuous rise, because time no longer allows for another round of pullback.