With the arrival of the beginning of autumn, the cryptocurrency market is迎来 a new turning point. Currently, Bitcoin (BTC) and Ethereum (ETH) are still oscillating below key resistance levels and have yet to break through the daily level lifeline. Although there is still doubt whether the low point on the 3rd is the bottom of this round of correction, this does not affect the medium to long-term upward trend.



In the current market conditions, investors should remain patient and wait for the best entry point. For investors who have already established positions by the end of June, it is advisable to hold their positions steady and avoid the risks associated with frequent trading. Overtrading may lead to missing out on significant market movements and losing valuable chips.

Looking back at this year, the market has already presented two significant entry opportunities: April 7th and the end of June. The upcoming one could be the third, and possibly the last, important entry point this year. This includes not only mainstream coins but also other small-cap tokens.

In the coming months, especially from July to October, the market is expected to experience a strong rally. By seizing this opportunity, investors may achieve substantial returns. However, investors still need to act cautiously, manage risks properly, and avoid blindly chasing highs or panic selling.

Overall, although the market may continue to fluctuate in the short term, the medium to long-term trend remains positive. Investors should stay vigilant, closely monitor market movements, and decisively enter the market at the right time, in order to gain substantial returns in this potential bull market.
BTC0.17%
ETH5.62%
View Original
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
  • 4
  • Repost
  • Share
Comment
0/400
SnapshotLaborervip
· 23h ago
Brother, the opportunity to enter has arrived, right in front of you.
View OriginalReply0
ChainWatchervip
· 08-07 03:52
Can't stand it anymore, still waiting for loneliness.
View OriginalReply0
NeverVoteOnDAOvip
· 08-07 03:52
Waiting to get Rekt.
View OriginalReply0
faded_wojak.ethvip
· 08-07 03:34
Who is still buying the dip?
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)