Phyrex|Aug 24, 2026 10:22
Today marks the simultaneous expiration of dual tokens on two platforms. There are quite a few major events this week, so I’m not willing to take on too much risk. My current stance is that Bitcoin around $73,000 is a buy for me. If the bitcoin:native price can stabilize, I’m also okay with anything under $75,000, but honestly, I’m not sure if it’s stable right now.
So, I’m opting for positions with a swing above 5%, which happens to fall around $73,000 to $73,500. But the interest rate is indeed a bit low, so I’ll leave it at that for now. There are three big events this week: PCE, NVIDIA’s earnings report, and Waller’s debut at Jackson Hole. I’ll observe more before making any moves.
@Gate Crypto, US stocks, Hong Kong stocks, Korean stocks, gold, CFDs, prediction markets—all-in-one trading platform.
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