Recently, the crypto assets market continues to show a fluctuating trend, with several mainstream tokens exhibiting different trend characteristics.



Regarding Ethereum (ETH), although it was unable to enter at the ideal buy-in point of $3188, based on the previous entry strategies of $1588 and $2138, ETH has already achieved decent returns. The market generally expects ETH to potentially hit the range of $4500 to $5000, but investors should remain cautious and avoid blindly chasing prices. For investors shorting ETH, it is recommended to set the liquidation price at a higher level to cope with the possible long-term upward trend.

Litecoin (LTC) failed to reach the expected low of $95.8, with a minimum pullback to around $103. Currently, attention is on the support range between $110 and $95.8, while the resistance level above is around $130.

Bitcoin (BTC) has recently experienced relatively mild fluctuations, oscillating between the range of $115,000 and $117,500. The main support area is between $116,000 and $115,000. If the buying point of $115,188 is not reached, a strategy adjustment may be needed.

Although Ripple (XRP) briefly fell below the $3 support level to $2.72, it quickly rebounded, performing excellently with a rise of 13%.

Uniswap (UNI) has doubled from $8 since its entry last year to $15. It has now formed new support levels at $8.8 and $5.68, providing investors with new entry opportunities.

Overall, the crypto assets market is still full of opportunities and challenges. Investors should closely monitor market trends, manage risks reasonably, and avoid blindly chasing prices or selling at losses. At the same time, establishing a comprehensive investment strategy and strict discipline are also key factors for successful investment.
ETH1.48%
LTC3.2%
BTC1.14%
XRP0.75%
View Original
post-image
post-image
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 5
  • Repost
  • Share
Comment
0/400
OnchainDetectiveBingvip
· 9h ago
To be honest, XRP has risen a bit.
View OriginalReply0
MrDecodervip
· 08-09 05:55
Played to death by bearish traders.
View OriginalReply0
ProposalManiacvip
· 08-09 05:54
Those who have played with ETH understand that Liquidation is not scary; what is scary is Cut Loss and running away.
View OriginalReply0
ShamedApeSellervip
· 08-09 05:53
XRP is really powerful!
View OriginalReply0
RunWhenCutvip
· 08-09 05:51
Just go for ETH!
View OriginalReply0
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate app
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)