The recent rise in the Crypto Assets market is remarkable, especially the performance of Ethereum (ETH), which has been particularly outstanding. Since the beginning of August, ETH has shown a strong upward trend, with a considerable increase over the course of half a month.



However, as ETH approaches its historical high, the market has experienced the anticipated adjustment. This pullback is a natural phenomenon in market operations, especially when facing significant resistance levels. Historical highs often become a key psychological point for investors.

Nevertheless, the current pullback is likely just a minor episode in the upward trend. ETH still has the potential to challenge historical highs again and may even break through this key level. This view is based on an analysis of market dynamics and ETH fundamentals.

It is worth noting that some established alternative coins (commonly referred to as 'shitcoins') have also shown strong performance. These coins typically have stable funding support and good fundamentals, and the current pullback may provide investors with a good opportunity for low-position layout.

For investors looking to participate in the market, now may be a good time for a strategic entry. It is recommended to prioritize established altcoins with strong fundamentals and high market recognition. Adopting a staggered entry strategy can effectively diversify risks, while patiently holding until important economic events that may occur in September (such as potential interest rate cuts). Such a strategy may bring higher returns while keeping risks relatively manageable.

However, investors also need to understand that the market is always full of uncertainty. While the current pullback may provide an opportunity to enter, it may also indicate a deeper correction. Therefore, it is crucial to closely monitor market movements, set reasonable stop-loss levels, and maintain a flexible trading strategy.

Finally, it is recommended that investors pay special attention to the trends of projects such as ETH, JUV, and LINK. These projects may play an important role in the recent market and are worth further research and analysis.

Overall, although the market may face some fluctuations in the short term, the long-term development prospects of the crypto assets market remain promising. Investors need to stay rational, manage risks well, and keep up with market dynamics to seize potential investment opportunities in a timely manner.
ETH-1.05%
JUV9.39%
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RetiredMinervip
· 10h ago
Don't bother with the fake stuff, ETH is the boss.
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ParanoiaKingvip
· 10h ago
So does that mean I still need to enter a position at a high point?
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TokenBeginner'sGuidevip
· 10h ago
Gentle reminder: Before getting on board at a high position, please check if the RSI index is above 85. It is recommended to stay calm and observe.
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BitcoinDaddyvip
· 10h ago
It's the old trap again, and it seems quite accurate.
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SandwichTradervip
· 10h ago
Even lying flat, one must follow the bull run trend.
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NFTRegretfulvip
· 10h ago
It's another Be Played for Suckers act.
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