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#Crypto Market Rebound & #Gate Square Mid Autumn Creator Incentive
The August CPI printed at 2.9% exactly as expected. Markets reacted instantly, and crypto lit up green:
BTC surged to $116K
ETH reclaimed $4,500
SOL ripped through to $230
But the real question is this a CPI-driven bounce or the opening act of a bigger bull cycle?
Market Breakdown
Bitcoin (BTC): Cleared $110K. Needs to stay above $115K to keep momentum alive.
Ethereum (ETH): Testing $4,500. If $4,400 holds, eyes shift to $4,800 resistance.
Solana (SOL): Exploded to $230. Holding $220 sets the stage for $260.
Outlook
Short-Term: Expect some cooling healthy pullbacks before the next leg up.
Mid-Term: If inflation remains stable and demand grows, Q4 could shape into a real bull phase.
Altcoins: L1s (SOL, AVAX) and strong narratives (AI, RWAs) may outperform BTC in percentage gains.
Trading Plan
1. Buy BTC dips around $112K–$114K
2. ETH to $4,800 if $4,400 holds
3. SOL stop-loss near $215; target $260
4. Stick to risk management volatility isn’t going anywhere
Community Check-In
Is this rebound just a pump, or the start of the bull cycle?
Who takes the lead: BTC, ETH, or SOL?
Did you trade the rebound, or waiting for a dip?
Crypto never sleeps. Neither should your strategy.