Bitcoin was stuck sideways for two weekend days, and on Monday it hit the U.S. Labor Day holiday and closed—three boring days in total. Next, we can finally expect some movement.
Right now it’s still just ranging—neither breaking out nor dropping through. A relatively healthy market pattern would be a pullback, then a continued breakout above 82,000, followed by the start of the bull market’s big surge.
What you can do now is basically wait, but also look for opportunities within the consolidation. If the price is right, you can add a bit whether it’s spot or futures.
For example, $BTC : we’re still watching 76,000–81,000. If it hasn’t broken above, you short; if it hasn’t dropped below, you go long and buy spot. Only if there’s a deeper pullback do we start looking at 75,000. This is the usual playbook. And for $ETH today, it’s a bit stronger than BTC—it has traded above 2500 but didn’t hold. The current support mainly looks at around 2420 and 2380. In terms of strategy, it’s the same as BTC—choose based on how much you can personally tolerate.
On the macro side, there’s still PPI and CPI coming out this week, and then the Federal Reserve’s interest rate decision. So in the short term, the market will keep flipping back and forth. The key turning-point to watch is still September 15th!
Right now it’s still just ranging—neither breaking out nor dropping through. A relatively healthy market pattern would be a pullback, then a continued breakout above 82,000, followed by the start of the bull market’s big surge.
What you can do now is basically wait, but also look for opportunities within the consolidation. If the price is right, you can add a bit whether it’s spot or futures.
For example, $BTC : we’re still watching 76,000–81,000. If it hasn’t broken above, you short; if it hasn’t dropped below, you go long and buy spot. Only if there’s a deeper pullback do we start looking at 75,000. This is the usual playbook. And for $ETH today, it’s a bit stronger than BTC—it has traded above 2500 but didn’t hold. The current support mainly looks at around 2420 and 2380. In terms of strategy, it’s the same as BTC—choose based on how much you can personally tolerate.
On the macro side, there’s still PPI and CPI coming out this week, and then the Federal Reserve’s interest rate decision. So in the short term, the market will keep flipping back and forth. The key turning-point to watch is still September 15th!