https://t.co/cq5kcvX7Nc Chinese Community Daily Briefing
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Published: 2025-09-02
Overall Market Sentiment
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The group is relatively disappointed with Ethereum's performance, believing that Ethereum has weakened significantly relative to Bitcoin, with 107 becoming a key technical level. Traders are generally bullish on Bitcoin and are tired of the ETH/BTC seesaw effect. The market is showing a divergent pattern, with Bitcoin rising alone and mainstream cryptocurrencies falling.
Hot Topics
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• The recommended trading strategy is to long BTC + gold + small-cap altcoins, and short ETH + SOL. We believe this combination is a safe bet in the short term.
• Technical analysis focuses on a breakout and reversal pattern at 107. A break and then a reversal would signal a strong buy, representing a safe position.
• The market observed a whale buying of 260,000 ETH, but the "Duck Army" on the 3rd is still controlling the market before delivery, with a fierce battle between bulls and bears at 4400.