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📊 Market Overview – Aug 10
ETH has risen to $4300, now it may be waiting for BTC to catch up.
BTC touched resistance; the next big tests: 119500 (upper range) & ATH zone.
ETH has risen significantly, so will BTC disappoint? History says no.
The same tactic: buy on dips. With macroeconomic trends, short positions are only suitable for scalpers — if you can't watch the screen, remove that short button.
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🔹 $BTC
→ See 117550 (key turn)
• Hold = bullish continuation
• Targets: 118780 / 119600 / 120310
⚠️ Break below 117500 = 1-hour pullback
• Buy zones: 116350 / 115890 / 115320
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🔹 $ETH
→ See 4230 (1–2H)
• Hold = bullish continuation
• Short zones: 4330 / 4355 / 4393
⚠️ Break 4230 = 1–2 hours pullback
• Buy zones: 4150 / 4100 / 4010
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🔹 $BNB
→ See 807 ( key support )
• Hold = bullish continuation
• Short zones: 820 / 830 / 836
⚠️ Break 807 = 1H correction
• Buy zones: 795 / 786 / 775
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🔹 $SOL
→ Watch 182 ( key support )
• Hold = Bullish continuation
• Short zones: 186 / 189 / 192
⚠️ Break 182 = 1H pullback
• Buy zones: 178 / 175 / 172
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📌 Summary:
ETH cools down after a strong rise, BTC is poised for the next move.
Bayes remains bullish - pullbacks are buying opportunities until key support levels are broken.
According to Harvard University's campus newspaper website, Rutgers Business School professor John M. Longo stated, "Due to the substantial expansion of the global Money Supply—especially since the pandemic, some investors are viewing gold and Crypto Assets as store of value tools." He also added that the Trump administration's supportive policies towards encryption and the increasing supply of related products from large Financial Institutions are driving Bitcoin prices to historic highs.