Before the day and night line intersection on 2025-09-06

Slept the whole day and feel fully charged. Actually, this isn't really staying up late for me, it's just that my schedule is reversed. If I were in the lighthouse country, my schedule would be absolutely standard, hahaha.
Ethereum's 4-hour chart is looking increasingly unfavorable, while the daily chart seems acceptable. Considering the depth and time, if it continues to slide, it can at most reach 4070-4000. The 3500 level on the weekly chart is too far away, and there isn't enough time. Ethereum will go above 3000, but it shouldn't be in the first ten days of September.
At this point, it's not good to trade on the left side, so I won't trade on the left side. It's not too late to wait patiently for 4310 to stabilize for 8 hours before entering. Not taking that 1%~2% price difference won't result in losing much profit.
SOL is still strong here. From the 4-hour chart to the weekly chart, it is a standard bullish trend, and the bottom has been continuously rising. The ETF approvals for SOL, DOGE, LTC, and XRP are reaching their final deadline in October. If during this period, a "golden pit" emerges, it would be best to buy a bit of spot for all four to benefit equally.
Bottom 202-200, stabilize at 205 to go long. It's been like this for the past few days, back and forth. For those trading short-term intraday, this market is simply a godsend, with relatively clear bottoms and tops, and many opportunities to profit from the fluctuations.
On the Bitcoin side, we still need to pay more attention to the support situation at 1102. If it stabilizes above 1108, it can stop the decline and potentially rebound above 1115 for a daily close, continuing the bullish trend.
Today is September 6th, and there are 12 days left.
From March to August, it's impossible for the clear signals to lower interest rates. Everyone can get FOMO, but when the actual interest rate cut is in front of us, the FOMO disappears. The likelihood of this is low. With the market moving like this, it seems more like an attempt to force retail investors to part with some of their holdings to lighten the load.
Furthermore, the economy is definitely in a downturn; if it weren't, there would be no need to cut interest rates. Adjusting interest rates—raising them signifies a flourishing real economy, while lowering them indicates weakness in the real sector. Originally, finance and the real economy are at odds; it is impossible for the economy to be doing well and then have interest rates cut, as that would lead to severe inflation.
Regardless of the state of the real economy, capital is always profit-driven, which leads to the so-called distinction between "bull and bear" markets. When the economy is doing well, capital enters the real sector to profit, while the financial sector suffers and goes bearish, and vice versa.
So there is no need to overly worry about the impact of economic recession on the market trend.