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Today is September 3, the price of BTC is 111117
First, the 5-day line for BTC has finally started to turn upwards, and the MACD shows a golden cross trend, which is a good sign; we talked in the analyses of the past days that we were waiting for this opportunity, and I still say that the bottom has been formed, and the likelihood of a further decline is very low. So I am preparing to enter a buy trade according to the trend, let's see if we can go back to test again tonight. Given the high market volatility, I will manage risk tolerance well.
Secondly, the movement of ETH and BTC shows some separation, but upon closer examination, we will find that BTC has dropped more than ETH and has dropped earlier, so the slow pace of ETH is normal, and there is no need for excessive explanation that might confuse us, as it will eventually align. I will choose some projects that I hope will pass through ETF in September, such as DOGE, SOL, XRP, XLM, and ADA.
Finally, Trump appeared and held a press conference, and the concerns regarding the black swan have been alleviated. I believe the market is positive, and after the rise of BTC, other currencies will see a collective increase.#Gate Lists Ondo Spot Trading Zone