Bitcoin just closed its best month since 2017, up 25% in August. Strategy bought another 4,603 BTC last week after a two-month pause. They're back. Meanwhile BTC sitting around $78k, ETH near $2,460, both holding up despite the Fed talking hawkish and geopolitics heating up again. The majors are quietly outperforming most trading strategies, which is exactly what people don't want to hear when they're chasing seven-figure PnLs on some random altcoin. But that's usually how it goes. You watch Bitcoin grind higher month after month, you get bored, you rotate into something with more action, and then you end up with nothing to show for it when the cycle turns. Not saying don't trade, just saying the end goal is still to stack sats. Fear and Greed Index is in greed territory now, around 61-75 depending on the reading. That's usually when things get interesting, and by interesting I mean dangerous if you're not careful.
Zhao 🥷🔶🦅Share
Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information.
Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.
