From the end of August to the beginning of September, 65,000~57,000~59,800, where should the market go? Bulls 🐮 or bears 🐻? Let Xixi talk to you about how to plan in September.
The market is still immersed in the cheers of the Fed's interest rate cut and the surge in the crypto market, but they don't know that danger is quietly approaching. Under the premise of frequent good news, Bitcoin has not been able to break through the resistance level of 67,000. Only if it breaks through and closes above 67,000 with a daily level of big positive line, Bitcoin can sprint upward. It is difficult to say that there will be a big pull-up at 67,000.
Everyone is talking about interest rate cuts, but what if there is no cut or only a 25 basis point cut? The market has already digested the news of a 25 basis point cut. If it only cuts 25 basis points, the market will remain unchanged. It will be cut by 50, and Bitcoin will rise slightly to the 63,000 resistance level. If the interest rate is not cut, Bitcoin will fall sharply, at least to 53,000, while altcoins will fall by more than half. At that time, some potential projects can be laid out, such as Gravity (G token)
Rights of G holders:
Participate in the governance of the Gravity network, pledge to protect network security, and receive rewards, use G as gas fees for network transactions, pay service fees in the Galxe ecosystem, etc. As the Gravity network develops, the uses and rights of G tokens will increase.
The future of Gravity:
Efficient, scalable, and secure features meet large-scale needs and lead technological innovation. Cross-chain transactions improve efficiency, reduce gas fees, and build a transparent development ecosystem to promote the prosperity of Web3.
The future of Galxe:
Galxe will benefit from Gravity's seamless cross-chain transactions and security, which will be highly attractive to users and developers. As Gravity develops, Galxe is expected to expand its functions and user base, thereby promoting the development and continuous innovation of the Galxe ecosystem.
