As the Fluctuation of the Crypto Assets market continues to intensify, several well-known traders have recently expressed their views, providing valuable market insights for investors.



Eugene Ng Ah Sio chose to close his position when the ETH price approached 3685, indicating his cautious attitude towards the short-term market trend. This move reflects that even experienced traders tend to favor conservative strategies in the current environment.

Vivian proposed an interesting dual strategy. She expects the market may first pull back to around 113,000, and then rebound to near 117,000 on Wednesday. Notably, she plans to start building short positions on Wednesday evening. At the same time, Vivian has also developed a contingency plan, stating that if the market fails to decline as expected, she will begin to buy spot in batches starting on August 8, showing her continued optimism towards the long-term market.

Altcoin Sherpa (Joshua) believes that the current trend of Bitcoin is somewhat unusual and suggests that investors adopt a defensive posture by reducing their trading frequency. He is also optimistic about the $HYPE token, believing it may form a bottom near the 200-day moving average, with the potential to reach $100 in the future, although it may still need to consolidate in the short term.

Saint Pump pointed out that the move of traditional pharmaceutical company MEI Pharma to engage in Litecoin and implement a treasury plan may herald the impending burst of the market bubble. He suggested that when even meme coins are regarded as fiscal reserves, a bear market may not be far off.

Technical analysis expert Liu Yudong believes that the current rebound strength above 115,000 is insufficient, and only a breakthrough at 117,436 can confirm a bullish trend. He views 111,867 as a key support level and warns that further declines may occur.

Overall, the views of these top traders tend to be cautious. In the short term, they expect the market to experience a correction or sideways consolidation. In the medium term, most still hold a bullish outlook, but the long-term perspective is more conservative, with some even predicting a potential shift to a bear market by the end of the year.

These analyses provide investors with multi-faceted market insights, but also remind us that it is crucial to maintain vigilance and flexible investment strategies in the current complex and volatile market environment. Whether experienced traders or ordinary investors, all should carefully formulate investment decisions based on their own risk tolerance and investment objectives.
ETH-0.11%
BTC1.67%
HYPE3.67%
PUMP-3.95%
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SilentAlphavip
· 08-08 14:30
The bear-to-bull pattern is confirmed.
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BTCRetirementFundvip
· 08-05 22:46
It's better to observe the changes.
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shadowy_supercodervip
· 08-05 22:43
Do not short sell.
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ChainWatchervip
· 08-05 22:42
The market is determined by the masters.
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RugPullAlertBotvip
· 08-05 22:25
It's time to remind about the Rug Pull again.
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