#Crypto Market Rebound | #Gate Square Mid Autumn Creator Incentive



The crypto market is showing renewed strength! August CPI came in at 2.9%, exactly in line with expectations, and the reaction has been immediate: BTC surged to $116K, ETH climbed to $4,500, and SOL reached $230. Major assets are rallying together, sparking optimism across the market.

💡 Market Analysis:

BTC has regained momentum and is testing short-term resistance around $116K–$120K. If it holds above $115K, we could see the next breakout phase soon.

ETH and SOL are outperforming in terms of percentage gains, signaling strong altcoin demand.

Overall, market sentiment is bullish, but we should watch macro factors like inflation data and Fed announcements closely.

📈 Trading Strategy:
I took advantage of the dip in ETH and added some SOL positions for short-term swings. BTC remains a long-term hold. For altcoins, I am monitoring projects with strong fundamentals in AI and DeFi. Risk management is key—position sizing and stop-losses are crucial in this volatile environment.

❓ Discussion:
Do you think this rebound is the start of a sustained bull run, or just a short-term CPI-driven spike? How are you adjusting your portfolio during this momentum? Share your thoughts and strategies!
BTC0.03%
ETH-0.78%
SOL0.11%
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.
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