☯️ 8.28｜Tech stocks have pulled sentiment back up; the real exam is just arriving
Today is the Jia Xu day. Jia Wood wants to rise, but underfoot is dry, arid earth—in the chart, that looks like: momentum is there, but so is resistance. You can look for upside, but don’t mistake “pushing up” for “holding the ground.” Esoteric thinking can only serve as a helper; trading still depends on price action.
BTC is currently around $80,187. Support to watch is 79,000—80,000; lower down, 77,500—78,000. Resistance is 81,000—81,500; after a breakout, look for 82,000. Only if there’s a pullback to 80,000 and it holds can the resistance truly turn into support. If price drops back below 79,000 quickly, be alert to a false breakout.
ETH is currently around $2,513. Support to watch is 2,480—2,500; resistance is 2,550—2,580. If 2,500 holds, the structure remains healthy. If it can stay above 2,550, then look for 2,600. If BTC holds 80,000 but ETH breaks below 2,480, it suggests altcoin capital is falling behind.
Last night, US stocks were lifted strongly by the tech sector. The S&P 500 closed at 7,731, the Nasdaq closed at 26,541, and Nvidia rose 8.7%. The S&P 500 is watching 7,700 and 7,775—7,800; the Nasdaq is watching 26,300—26,400 and 26,700. But the market rally is mainly driven by tech. Today, watch whether the strong momentum can spread—not just how much more Nvidia can still climb.
Gold is currently around $4,608. Support is 4,580—4,600; resistance is 4,630—4,660. The bigger resistance is still at 4,700.
The biggest variable tonight has shifted from Nvidia’s earnings to the Jackson Hole speech. The AI fundamentals are propping up US stocks, and BTC returning to 80,000 boosts risk appetite. However, PCE is still at 3.7%, and there’s also a risk of a rebound in oil prices and long-term Treasury yields.
Today, just watch a few key levels:
BTC 79,000—80,000 / 81,000—82,000
ETH 2,480—2,500 / 2,550—2,600
Gold 4,580—4,600 / 4,630—4,700
S&P 7700 / 7775—7800
Nasdaq 26,300—26,400 / 26,700
The real opportunity is: BTC turns 80,000 into support, ETH holds 2,500, and tech stocks’ strength spreads. The real risk is: the speech turns hawkish, oil prices rebound, and long-term Treasury yields rise in sync.
Who do you think will complete the breakout first— $BTC 82,000, $ETH 2,600, or $XAU 4,700?
For personal market observation only and does not constitute investment advice. During important remarks, volatility may increase; please control position size and leverage, and set stop-loss orders.#bitcoin #crypto #crypto market analysis
Today is the Jia Xu day. Jia Wood wants to rise, but underfoot is dry, arid earth—in the chart, that looks like: momentum is there, but so is resistance. You can look for upside, but don’t mistake “pushing up” for “holding the ground.” Esoteric thinking can only serve as a helper; trading still depends on price action.
BTC is currently around $80,187. Support to watch is 79,000—80,000; lower down, 77,500—78,000. Resistance is 81,000—81,500; after a breakout, look for 82,000. Only if there’s a pullback to 80,000 and it holds can the resistance truly turn into support. If price drops back below 79,000 quickly, be alert to a false breakout.
ETH is currently around $2,513. Support to watch is 2,480—2,500; resistance is 2,550—2,580. If 2,500 holds, the structure remains healthy. If it can stay above 2,550, then look for 2,600. If BTC holds 80,000 but ETH breaks below 2,480, it suggests altcoin capital is falling behind.
Last night, US stocks were lifted strongly by the tech sector. The S&P 500 closed at 7,731, the Nasdaq closed at 26,541, and Nvidia rose 8.7%. The S&P 500 is watching 7,700 and 7,775—7,800; the Nasdaq is watching 26,300—26,400 and 26,700. But the market rally is mainly driven by tech. Today, watch whether the strong momentum can spread—not just how much more Nvidia can still climb.
Gold is currently around $4,608. Support is 4,580—4,600; resistance is 4,630—4,660. The bigger resistance is still at 4,700.
The biggest variable tonight has shifted from Nvidia’s earnings to the Jackson Hole speech. The AI fundamentals are propping up US stocks, and BTC returning to 80,000 boosts risk appetite. However, PCE is still at 3.7%, and there’s also a risk of a rebound in oil prices and long-term Treasury yields.
Today, just watch a few key levels:
BTC 79,000—80,000 / 81,000—82,000
ETH 2,480—2,500 / 2,550—2,600
Gold 4,580—4,600 / 4,630—4,700
S&P 7700 / 7775—7800
Nasdaq 26,300—26,400 / 26,700
The real opportunity is: BTC turns 80,000 into support, ETH holds 2,500, and tech stocks’ strength spreads. The real risk is: the speech turns hawkish, oil prices rebound, and long-term Treasury yields rise in sync.
Who do you think will complete the breakout first— $BTC 82,000, $ETH 2,600, or $XAU 4,700?
For personal market observation only and does not constitute investment advice. During important remarks, volatility may increase; please control position size and leverage, and set stop-loss orders.#bitcoin #crypto #crypto market analysis
