Gate Latest Crypto Assets Market Analysis (August 28): BTC and ETH steadily rise, CRO3L big pump over 100%

On August 28, the Crypto Assets market continued its fluctuating upward trend. Bitcoin (BTC) and Ethereum (ETH) steadily rose, with institutional funds continuously pouring in, while some alts such as CRO3L, HIP, and FALCONS experienced explosive market movements. The Gate research team brings you the latest core market data, technical analysis, and investment strategy recommendations.

Market Core Performance

1. Mainstream Coin Trends

Bitcoin (BTC)

Current Price: 111,616.3 USDT

24-hour pump: +0.32%

On-chain data shows that the 30-day moving average buy-sell ratio has hit a 7-year low. There may be short-term selling pressure, but long-term institutional demand is strong, with absorption speed reaching 4 times the new production.

Key support level: 110,371.4 USDT

Ethereum (ETH)

Current Price: 4,517.52 USDT

24-hour pump: +0.23%

Institutional demand continues to rise, with ETF inflows exceeding $400 million, driving prices to new highs, but caution is needed for short-term overheating.

Key support level: 4,468.02 USDT

2. Altcoin Focus

CRO3L: 0.47361 USDT, daily pump 103.37%, with very strong momentum, but high volatility and a high risk of short-term pullback.

HIP: 0.0000317 USDT, daily pump 84.3%, trading volume has significantly increased, need to guard against profit taking.

FALCONS: 0.0002553 USDT, daily pump 57.1%, trading activity increased, but there may be adjustment pressure in the short term.

Investment Strategy Recommendations

Short-term operation (1–4 weeks)

Entry Timing:

BTC retraced to around 110,000 USDT

ETH corrected to around 4,450 USDT

Take profit and stop loss:

BTC Take Profit 115,000 / Stop Loss 108,000

ETH take profit 4,600 / stop loss 4,400

Position Management: 50% allocated to mainstream coins, 50% diversified into quality alts.

Risk level: moderately high, strict stop-loss must be implemented.

Mid-term layout (1-6 months)

Trend Judgment:

BTC: fluctuating upward

ETH: Expected to continue reaching new highs

Configuration suggestion: 70% BTC + 30% ETH

Key Points: Pay attention to global economic data and regulatory policy changes.

Scenario Analysis:

Bull Market: Can moderately increase positions

Bear Market: Timely Reduction of Positions for Hedging

Volatile Market: Range Trading to Capture Fluctuation Profits

Risk Warning and Market Outlook

Core Risks

Systemic Risk: Uncertainty of Global Economic Recovery

Coin Risk:

Uncertainty of BTC Technical Upgrade

ETH is affected by fluctuations in the DeFi ecosystem

Liquidity risk: Small coins are easily impacted by capital withdrawals.

Regulatory risks: Changes in policies of various countries may lead to market volatility.

Market Outlook

Probability Assessment:

Bull Market: 40%

Consolidation Market: 50%

Bear Market: 10%

Catalyst Events: Important Economic Data and International Conferences

Time frame:

Short term (1 month): consolidation

Mid-term (3 months): Optimistic about the rebound

Second half of the year: Expected to welcome more obvious signs of a bull market.

Conclusion

On August 28, the market continued its volatile upward trend, with BTC and ETH maintaining stability driven by institutional funds, while alts such as CRO3L, HIP, and FALCONS experienced short-term surges. Investors should strictly control their positions and risks while seizing opportunities, and closely monitor macroeconomic conditions and regulatory developments.