At the end of August, when $BTC didn’t break through and stabilize above 83k, that doesn’t mean the market has become bullish again. I still hold this view, until a real change actually happens.
By comparison, $ETH is stronger—it broke above the price in mid-April and then consolidated on top of it, but don’t get too excited yet. After the last breakout, from 2025/5/7 to 2025/7/10, it also took nearly a bit more than two months of consolidation before the subsequent surge. Even if it’s consolidating at a high level now, there is still a possibility of a pullback to clear leverage.
Also, in the investment portfolio, $ADA —only after it breaks above 0.32 is it qualified to discuss its performance, because right now it’s still in a downward trend on the larger weekly timeframe, and it isn’t applicable yet.
By comparison, $ETH is stronger—it broke above the price in mid-April and then consolidated on top of it, but don’t get too excited yet. After the last breakout, from 2025/5/7 to 2025/7/10, it also took nearly a bit more than two months of consolidation before the subsequent surge. Even if it’s consolidating at a high level now, there is still a possibility of a pullback to clear leverage.
Also, in the investment portfolio, $ADA —only after it breaks above 0.32 is it qualified to discuss its performance, because right now it’s still in a downward trend on the larger weekly timeframe, and it isn’t applicable yet.