September 3
Handsome Research Report
BTC rebounded slightly yesterday and recovered the key support of 58,000. The volume is still insufficient. Pay attention to whether the key resistance level of 59,500 can be broken through and stabilized. If it fails to break through, the market will continue to fluctuate. The market continues to be sluggish. It is recommended to wait and see. Be cautious on the eve of the interest rate cut. There is a high possibility of falling first and then rising on the eve of the interest rate cut cycle and in January and February. This is the case for every round of interest rate cut cycles, but the big cycle is absolutely positive. Be patient and wait. The expectation of a 50 basis point interest rate cut in September has declined, and the big cycle expectation has not changed. The bull market expectation is still built on
ETH rebounded synchronously with BTC, and the volume continued to be sluggish, maintaining range fluctuations. It is expected to continue to consolidate during the day. ETH's on-chain GAS has fallen to a new low in 5 years. The on-chain environment is sluggish and has approached the bottom line. Keep holding. A new round of rising cycle is not far away
The cottage sector rebounded synchronously with the mainstream, and SATS rebounded higher. It is not built to follow up. It rose to around 50 and cleared the position and left the market. The mid-line Holding can be seen to around 80, there will be major positive news in September, PEOPLE can also be a key currency to focus on, build a collection on dips, and wait for good expectations before the November election. CKB can be adjusted to replenish the collection, waiting for subsequent positive news, and other alts are waiting for the latest news
Fundamental news: Pay attention to the non-agricultural data this Friday
Primary market information:
RGB++ has started 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. Recently, the RGB++ sector has new positive news, and new models are about to appear. You can strengthen your attention and don’t miss the early opportunity. SEAL has been launched on the arugula market, and the recent rise is good. Continue to pay attention to other currencies in the RGB++ sector, such as OTTER, CAT++, etc.
The rune market is still sluggish, pay attention to high-quality rune market currencies, and wait for the second wash to start
Unisat’s latest second-layer protocol Fractal Bitcoin officially launched the test network, and the main network was launched on September 9. The sharp rise in SATS is directly related to Fractal Bitcoin. Pay more attention to it. It is super big.
Intraday mainstream currency support and resistance:
Today's intraday market, BTC's lower support is 58000-58500, and the upper resistance is 60200-60700. ETH's lower support is 2400-2450, and the upper resistance is 2570-2620
Today's Greed and Fear Index: 26 (Fear)
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