Ethereum has now reached a critical position, and everyone can take a look at the current market trend. After a rise yesterday, there was a market pullback, and the pullback position just happened to be at the 50% level of the golden ratio, which is a perfect pullback position after a main rise. There is a possibility of an accelerated wave continuation following this, so maintain a positive bullish stance. The current position is a consolidation pattern of an equal triangle, and here we hope Ethereum can break through the equal triangle area to continue the bullish action. Support: 4210 Resistance: 4370, 4450
After last night's washout, many people are scared. Have you ever thought about a question? In fact, it is the easiest to lose money during a bull market. Who loses money? It's those who fidget around. Because the bull market has large fluctuations and frequent spikes, contracts often hit stop losses. That's why we advise everyone to make trend trades 80% of the time and not to interfere!
From the current technical perspective, the trend still exists, and this trend is also unexpected. Most altcoins are at the bottom; how much lower can they fall? Real investors look at the future trend, not just a momentary situation.
If you are always concerned about short-term fluctuations, how can you hold onto prosperity? There is a saying: holding coins is like guarding a widow. There are not many who can achieve this process. We look at cost-effectiveness in our investments; as long as the risk-reward ratio is appropriate, then it’s a matter of closing your eyes and charging forward. If you don't have that ability, lack that understanding, and don't listen, then stay away from this circle!
Dog Zhuang is a real dog, using data to crash the market, resulting in a liquidation of long positions worth $870 million in 24 hours, and a liquidation of short positions worth $140 million, with over 220,000 people liquidated globally, totaling $1.013 billion. So Brother Long has always told everyone to respect the market, now you know how bloody this market can be!
Last night's needle was a bit nauseating. The CPI was favorable the day before yesterday, and the PPI was unfavorable a day later. In the early hours, Trump talked about inflation being no problem, which is a typical case of artificial manipulation and wash trading, ensuring that interest rates will still be cut in September as usual. The BTC long position entered at 121400 yesterday afternoon was directly stopped out at 120000, ETH at 4794 did not take profit, and SOL at 210 did not take profit either, leading to significant losses for trying to eat a little more. I didn't pay attention to the PPI in the evening, and I underestimated it. The pressure at ETH 4800 is indeed significant, equivalent to the camp at 4600 being ambushed, and the elite was pushed back 300 miles by a fierce general at Hangu Pass.
But the bullish trend is still there. The strong support for ETH is between 4440-4376. If it falls below this level last night, it won't be able to go above 4800 in the short term. Having come down from the high, I will continue to buy on dips to add to positions. Mainstream altcoins that have dropped more than 4-6% can also have their spot positions added; such opportunities are rare because sustained rises at high levels make it less daring to add positions. Today, I will repair indicators below the 1-hour level and reorganize the troops for an assault.
Let’s summarize a bit. Currently, there are several types of coins on the chain: Launchpad-related (platform coins), wlfi (usd1) related, AI types, and traditional hot meme types.
Platform coins will mutually replace each other, similar to the different protocols in the BTC ecosystem at that time; The wlfi type will have a clear time point for speculation, namely the launch of the wlfi token; The AI type is still maintaining its popularity with technological development (but still lacks a killer narrative or application); Traditional memes are familiar to everyone, and the speculation depends on the continuity of hot topics / market makers / liquidity, etc.
Each of these has its own characteristics for speculation, which we will study slowly.
Intuitively, there seems to be a lack of a new track, which cannot be predicted and can only wait.
Bitcoin sets a new historical high, Satoshi Nakamoto's assets successfully exceed 136 billion dollars, currently ranking 12th in the world, just behind stock god Warren Buffett. If Bitcoin rises to 130,000, Satoshi Nakamoto's assets will surpass Buffett and break into the global top ten.
An objective fact is that the price of $ETH is mainly driven by ETFs. On August 11-12, the net inflow of the U.S. spot Ethereum ETF exceeded $1 billion, with a cumulative inflow of $10.8 billion and an AUM of approximately $25.7 billion.
You can see this as long-term capital entering the market, or as a structural migration of ETF funds from $BTC to $ETH.
This type of capital has two characteristics:
1. More stable source of funds: Their client base is large and diverse. ETFs are included in various investment portfolios and pension plans, leading to a continuous and relatively passive, semi-automatic buying pressure.
2. More persistent buying behavior: The behavior pattern of this capital flow tends to result in sustained net buying for several weeks or even months. This essentially provides the ETH market with a stable and predictable underlying demand, which may form a slow bull trend.
If you are waiting for a fool's market, then $ETH itself may currently be in such a fool's market.
The strategy to respond to this market is also very simple: overweight ETH and bet on the main L2s, using the classic method of gradually building positions during pullbacks.
The only thing left to do is to pay attention to when ETF inflows start to shrink, when they begin to turn into outflows, whether the leverage is overheated, etc., and then reduce positions based on the corresponding events.
Let me share again a profit-taking method that I've found to be effective every time, which doesn't require predicting the top, yet still yields great results.
In a ranging market: take profits at 30%, 50%, or even close everything, for example, the trading logic for #SOL holdings.
In a trending market: take profits at 3-5% and simultaneously raise the stop-loss to the EMA moving average to protect profits, for example, the trading logic for #AAVE holdings.
From ranging to trending: first take profits at 30% in the ranging interval, wait for the price structure to break through, then add back the positions that were closed, and continue to execute according to the trending market logic, for example, the trading logic for #ETH Ethereum holdings.
My current spot positions are strictly following this profit-taking strategy. It may not always catch the top, but the holding experience is excellent, completely free of the anxiety of 'not being able to hold on.'
Core CPI increased by 0.32% month-on-month in July, marking the second largest monthly increase this year. This is not good news. Of course, I believe the data is not very meaningful at the moment; the key issue is the direct confrontation between the radical faction led by Trump and the conservative faction led by Powell.
The United States will announce the July CPI at 8:30 PM tonight, which should be the last straw before the interest rate cut—
To be honest, ever since the Labor Statistics Bureau sacrificed itself, I believe there is not much substantial meaning in looking at this news anymore.
Every piece of data and news has lost its authenticity; what can we analyze from fake data?
So now we must learn to think from a different perspective:
If the data cannot be used as a basis, then what is the long-term goal that Trump wants to achieve during this term?
It must be: successful implementation of the Great Beautiful Act → continued prosperity during the term, living off the future → at the end of the term, throwing the mess to the next great leader.
So even if short-term expectations cannot be met, the long-term goal is certain. Even if the dollar becomes a gold standard note, stablecoins can act as “cash equivalents.”
It's just a sleight of hand!
One thing is certain, no matter when, the lid cannot be kept on, be prepared for a significant influx of money!
The differences in how people view meme coins are really significant. Different contexts lead to very different conclusions.
A common perspective is: as long as a token has no utility, or is considered a 'shitcoin,' it is a meme coin.
Another common perspective is: as long as a token has a fair launch (retail and institutions starting on the same line) and a low market cap at launch (like BRC-20 and Pump Fun platforms), it is a meme coin.
These views are too broad and can lead to a loss of recognition and perception of the truly few high-quality meme coins.
I still insist that a good meme coin must first be a good meme before its issuance. 'Good' means it has cultural consensus, an easily recognizable and shareable emotional carrier (like memes), a certain spirit symbolizing a claim, and a global community base. There are not many memes that meet these criteria.
MicroStrategy has purchased 155 bitcoins, worth 18 million dollars. So far, MicroStrategy holds a total of 628,946 $BTC, with an average purchase price of 73,288 dollars, a total value of 46.1 billion dollars, and profits nearing 30 billion dollars, a definite life winner.
Investment is about expectations; tell me what I should do now? The core of the DUNI proposal is to solve the long-standing regulatory and tax compliance issues faced by Uniswap through legal entity innovation, and directly unlock the protocol fee switch, granting UNI tokens cash flow expectations. This has triggered short-term buying in the market (with a peak increase of 8%), and in the long term, it may restructure the value logic of UNI—from a governance symbol to a revenue asset. Attention should be paid to the progress of subsequent governance voting and the details of fee distribution. If approved, UNI may enter a value reassessment cycle.
Now that the mood is so good, it's the right time and place, with everyone on board.
If a new MEME with a market cap of 500 million to 1 billion emerges at this moment, it will be a game-changer that ignites the whole scene!
I feel that this moment might be coming soon—
Its characteristics should be:
1⃣ The narrative is interesting, and it’s best if it connects with current macro topics, political goals, or relatable cryptocurrency symbols without telling the entire story at once, which could lead to loss of interest.
2⃣ There is enough capital strength to support it, able to withstand large inflows and outflows, and the distribution of early large holders' positions should not be too concentrated.
3⃣ There are influential social media accounts to set the pace, with the community generating momentum spontaneously, creating social pressure of "if I don’t buy, I’m out."
4⃣ The reason to buy it should ideally be: both for fun and for money.
5⃣ It’s best if it goes live in no more than a week.
Do you have any suitable targets right now? Share in the comments.
Recently, Bitcoin has repeatedly challenged 120,000, but each time it has surged and then retreated, failing to break through and stabilize. However, once it breaks and stabilizes at 120,000, BTC will definitely refresh the high of 123,000 and set a new historical high. In September, the Federal Reserve is expected to reduce interest rates by 25 basis points. With this significant positive support, Bitcoin is likely to break through 123,000 and set a new high around the time of the rate cut. Hold your spot.
With the entry of the U.S. regular army, the bonus period for the crypto circle has entered its final phase.
The opportunities for ordinary people to get rich are becoming increasingly scarce, BTC and ETH have reached new highs, but there is no sense of a bull market atmosphere.
I even feel that the current market is colder than during the bear market of 18-19, lifeless and stagnant.
ETH/BTC reaches a six-month high! Institutions are racing to buy, is Ethereum's breakthrough of $3,900 just an appetizer?
In August 2025, the price of Ethereum (ETH) broke through $3,900, and the ETH/BTC exchange rate reached a six-month high, resulting in a significant reversal in market sentiment. Institutional investors accelerated their positioning, with SharpLink Gaming increasing its ETH holdings to 530,000, exceeding a market value of $2 billion. Liquidation of short positions and surging open interest in the derivatives market indicate fierce battles between bulls and bears. Analysts predict that the ETH/BTC exchange rate may continue to rise, with a target price for ETH potentially reaching $16,000, reflecting the market's long-term optimism for the Ethereum ecosystem.
In a hot atmosphere in the cryptocurrency market, Ethereum (ETH) rapidly broke through the $3,900 mark at 6 AM Beijing time on August 8, 2025, while the ETH to Bitcoin (BTC) exchange rate also climbed above 0.033. This figure not only approached a new high since the beginning of the year, but the ETH/BTC rate also reached its highest point since February 2025, marking a significant reversal in market sentiment and a new round of acceleration in institutional investors' positioning.
On Tuesday, the Nasdaq fell 0.65%, consolidating during the day.
Yesterday, BTC retraced to the lower Bollinger Band levels of 113600 and 112600 on the 4-hour chart. During the day, a retracement to the lower bands on the 15 and 30-minute charts would allow for further buying. The resistance before the European session is at 114120. The bullish defense line remains at 112000-111400.
For ETH, the resistance before the European session is at 3626-3646, with support at 3550-3508. Last night, it reached a low near 3550, and it generally won't retrace below this level during the day. The most important short-term resistance remains in the oscillation zone of 3666-3720. If it breaks through and stays above, we can look towards 4000. The bulls are patiently waiting.
For SOL, the resistance before the European session is at 166.5-167.5, with support at 161.25. If it breaks this level, it could potentially revisit 155 (the ultimate bullish defense line). This would be like launching another attack. In the short term, SOL is the weakest and will only strengthen after BTC stabilizes above 115000.