TechFlow news, on August 2, trader Eugene posted on his personal channel stating that he has gone long on ETH again. The reasonable entry point for BTC at this stage might be around $113,000, and for ETH around $3,500. A stop-loss would be triggered if Bitcoin falls below $112,000 or ETH drops below $3,400. Objective structural buying continues steadily, so personally I don't think the market will turn bearish this quickly. Many people are oscillating between "we're back" and "it's all over," failing to realize that the market does not operate in a binary fashion.
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