This week, the Crypto Assets market has once again become the focus, and although there was a sharp fall on Thursday, analysis indicates that this is merely a short-term adjustment. From a technical perspective, a bottom divergence signal has already appeared on a smaller scale, which may suggest that a rebound is imminent.



It is worth noting that the price of Bitcoin (BTC) is unlikely to experience a significant pullback before reaching $136,000. Although the daily indicators show a top divergence and a long upper shadow appears with a bearish close on the weekly chart, this does not necessarily mean that the market has peaked; rather, it could be a strategic operation by the main funds.

Historically, before the end of each bull market, there is usually a period of about a month of sustained one-sided upward trends. This pattern was evident in November to December 2017 and October to November 2021. Therefore, if the current bull market ends in mid-August, it would contradict historical patterns.

Moreover, the true peak of a bull market is often accompanied by a frenzy in the market, characterized by widespread criticism of short sellers, with most investors still firmly believing that the bull market is not over. However, current market sentiment seems to be the opposite.

Although it is difficult to accurately predict the specific peak time of this bull market, there is likely to be another wave of main rebound later. Investors should remain patient and consider exiting only after the one-sided upward trend has fully unfolded.

For specific operations, it is recommended to continue holding long positions in BTC, ETH, and SOL at least until after the interest rate cut on September 18. BTC can consider taking partial profits around 136000 dollars, ETH can take profits at 6100 dollars or when the exchange rate reaches 0.05, and SOL can take partial profits around 218 dollars.

Overall, there is still room for an increase in the current market. Investors should closely monitor market trends, adjust their strategies in a timely manner, and seize potential opportunities.
BTC0.06%
ETH1.02%
SOL1.52%
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MrDecodervip
· 10h ago
A short fall is an opportunity! Buy
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SpeakWithHatOnvip
· 10h ago
The US dollar has already reached 130,000. All in!
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MetaverseVagrantvip
· 10h ago
Akata is already on the road to wealth~
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PaperHandsCriminalvip
· 10h ago
Here comes the analyst starting to make promises again. I'll take my leave out of respect.
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All-InQueenvip
· 10h ago
Don't be verbose, just get to the point.
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BlockchainBouncervip
· 10h ago
Anti-fall like a dog, seeing the bottom rebounding.
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LittleTeachervip
· 10h ago
This round of institutional bull run is likely to be a slow bull without a peak, and there may no longer be bull and bear markets in the future. It will rise slowly like the US stock indexes, encountering black swan events that lead to a Bear Market for half a year before coming back, so there won't be a true meaning of bull and bear anymore.
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