📌 August 25 - Altcoin Research Report
🔹 Market Overview
Yesterday, BTC dipped to a low of 111000, mainly due to market manipulation by large holders, not driven by negative news. The 4-hour chart quickly recovered the losses, and the daily chart remains healthy, showing signs of a low divergence. A new upward cycle on the weekly chart may have begun. Continuous attention is needed on the Federal Reserve's interest rate cuts.
ETH has once again broken through its historical high, continuing its independent trend. A death cross signal has appeared on the 4-hour chart, indicating a potential need for consolidation in the short term; although the daily chart is healthy, a clear top divergence is present, necessitating attention to changes in trading volume. The short-term focus is on oscillating consolidation, and holders may consider reducing their positions moderately.
🔹 Altcoin Sector
Overall, it adjusts in sync with mainstream trends, with the altcoin index slightly rising and market sentiment being neutral.
Short to medium-term strategy: Wait for funds to shift from BTC to altcoins, and consider positioning in mid-high market cap varieties.
The ETH ecosystem remains the most certain, with continued optimism for $PENDLE; small positions can be taken in $UNI, $ENS, and $ETHFI.
Low market cap altcoins have not shown a broad upward signal, so be cautious about chasing highs.
BSC activities are frequent, and Alpha points can be actively participated in, providing low-risk profit opportunities.
🔹 Market Dynamics
Fundamental news: No significant events at the moment.
Primary Market: Recent activity in BSC and X-chain has increased, indicating possible new opportunities.
Support/Resistance Levels:
BTC: Support at 112000-112500, Resistance at 115000-116000
ETH: Support at 4600-4580, Resistance at 4900-5000
📊 Summary: BTC is oscillating healthily, while ETH faces short-term pullback pressure. Altcoins need to wait for liquidity to further shift, with mid-term opportunities in the ETH ecosystem being prominent.
