ETH market analysis:
The current price of ETH is around 3070, and it is expected to follow BTC to consolidate synchronously. ETF is expected to pass this week, and speculation is expected to be strong. In addition, with the improvement of the macro environment, the positive expectations of ETF may have a significant effect. Therefore, you can consider building a position in ETH today and tomorrow. After the CPI data is released tomorrow night, the target price is 3300-3350.
Altcoin sector analysis:
The altcoin sector is consolidated synchronously with mainstream coins. Today and tomorrow, you can follow up with strong altcoins, especially those under ETH, and gamble on CPI data expectations, which may lead to explosive market conditions. SATS rose today. Those who have not yet built a position can consider buying it during the correction, and continue to pay attention to SATS in the next two months, buying in batches at low prices. It is expected that there will be major good news in September.
Fundamental news: CPI data at 8:30 am tomorrow is the focus of market attention
RGB++ starts free casting, and the recent on-chain activity has increased. RGB++ is also a very good new protocol, which has a good effect on the construction of BTC ecology. Continue to pay attention to this sector. The market continues to be sluggish. Wait for the sector's heat review before taking action
Rune market: The rune market is still sluggish at present, but pay attention to high-quality currencies and wait for the second wash to start.
Intraday strategy:
Today, temporarily wait and see the altcoins. For more strategies, pay attention to the latest community information and remain flexible to market changes.
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