Analysis of BTC/SOL/ETH contract long and short strategies on September 2: Intense competition between long and short positions, the subsequent direction will take time to emerge.

Yesterday's market retreated to the resistance level we analyzed, and this morning it rebounded in a V shape. Among them, Ethereum rose from the pin level we provided yesterday at 4222 to around 4400. Currently, the competition for MA120 on the daily chart is still quite fierce. If it directly stands above this level, we need to worry about a direct V reversal. However, if it cannot stand above it, what awaits us will still be a waterfall wash.

The short-term resistance for $BTC is at 110800 and 111400. The short-term support below is at 108700 and 108080. We have already entered a short position at 110500 this morning. If the support at 108700 breaks, be cautious of a deeper correction.
$SOL The short position we provided this morning is at two levels: 202.5 and 205.5. There is currently some pressure here. The short-term support below is at 198 and 195. If the support at 198 breaks, be cautious of a deeper correction. The resistance above is at 205 and 208. If you short at these two levels, take 2-3 points as a stop loss, which still offers a relatively high cost-performance ratio.
$ETH Ethereum's short-term support is at 4272, with the pin position possibly at 4225. The upward pressure will not be too strong before breaking through 4433, and after 4433, the pressure is at 4457 and 4525. The cost-effectiveness of shorting at these two positions with a stop loss of 30-40 points is relatively high.

In summary, today is a key point for the battle between bulls and bears. If the daily line can regain the MA120, a V reversal may occur; if not, the trend will continue to be a waterfall washout. (Daily updates provide you with the latest market analysis and precise entry points; the long and short positions are for reference only for B friends, with strict stop-loss and take-profit.) #ETH# #BTC#