Market mood: đą Bullish, but stretched.
* âż BTC: around $77.7K, with roughly a 23% weekly surge. ETF flows have been a major catalyst.
* Î ETH: around $2.4K and recovering strongly.
* đ„ XAUUSD: around $4,608, with gold above its 200-day moving average and momentum targeting the $4,700 area.
* đ” Dollar: weakness is helping both gold and crypto as investors seek scarce/hard assets.
* đ Next week: U.S. PCE/Core PCE, GDP, jobless claims and Jackson Hole could create major volatility. Nvidia earnings on Aug. 26 are another major catalyst.
đŻ Trading map
BTC: $75K support â $80K resistance
ETH: $2.30K support â $2.50K resistance
XAUUSD: $4,600 support â $4,700 breakout zone
đ° Wealth takeaway: After a move this strong, donât chase candles. Let the market come back to your levels, define your risk, then trade the reaction.
* âż BTC: around $77.7K, with roughly a 23% weekly surge. ETF flows have been a major catalyst.
* Î ETH: around $2.4K and recovering strongly.
* đ„ XAUUSD: around $4,608, with gold above its 200-day moving average and momentum targeting the $4,700 area.
* đ” Dollar: weakness is helping both gold and crypto as investors seek scarce/hard assets.
* đ Next week: U.S. PCE/Core PCE, GDP, jobless claims and Jackson Hole could create major volatility. Nvidia earnings on Aug. 26 are another major catalyst.
đŻ Trading map
BTC: $75K support â $80K resistance
ETH: $2.30K support â $2.50K resistance
XAUUSD: $4,600 support â $4,700 breakout zone
đ° Wealth takeaway: After a move this strong, donât chase candles. Let the market come back to your levels, define your risk, then trade the reaction.
