"Market Analysis for September 1st: Rebound for Gains but No Need for FOMO, Toping Out Still Ongoing"

Yesterday's market movement was clearly a rebound trend. The Bitcoin futures also helped everyone grasp the situation. Although there was a gain, it doesn't mean the overall pattern is long-term bullish. There is still a need to make a top again. Today's key support and resistance levels should continue to be observed for reactions. If broken upward, it can still be considered for short positions.

$BTC Bitcoin yesterday mentioned the worst-case scenario of 89188 being pulled up, and today it again hit 91500 without breaking through. This makes the next level quite important. If it goes up, watch for 92500 and 93800 resistance levels. If it pulls back again, support levels are at 89700 and 88900.

$SOL Futures yesterday rebounded from the previous 132.4 level. Our final take-profit target was 141.1, and we advised everyone not to overextend the pattern. Today's support is at 135.6, and as long as it doesn't fall below 135, a rebound is still possible. If it drops further, support is at 131.3. Resistance above is at 144.8.

$ETH Ethereum almost hit our mentioned support at 3045 yesterday. Today, the focus is on the 3150 resistance level. A breakout upward targets 3250 resistance, with no further breakthrough below support at 2990 and 2940.

In summary, although yesterday's market saw a rebound, it doesn't mean this rebound will last long. If the pattern isn't clear, it's better to exit. Today, observe the reactions at key levels. If it moves upward, consider opening short positions again, as the top formation still needs to continue. This is not a long position pattern. If you don't understand the market or can't determine the direction accurately, welcome to join the Chief Analyst. Click to join the Chief Analyst community (Follow the Chief for daily market analysis and precise entry points. Long and short ideas are for reference only. Strict stop-loss and take-profit are recommended).