#Recommend 3 altcoins to buy the dip or hold long-term#

According to CME's 'FedWatch': The probability of a 25 basis point rate cut by the Fed in September is 69%, while the probability of a 50 basis point rate cut is 31%. The cumulative probability of a 50 basis point rate cut by November is 50%, the cumulative probability of a 75 basis point rate cut is 41.5%, and the cumulative probability of a 100 basis point rate cut is 8.5%.
From a technical perspective: (1) BTC's monthly closing price in August formed a hammer shape at the bottom of the fan grasp difficulty.
(2) The daily candlestick level is still within a short-term uptrend channel.
(3) The short-term four-hour chart shows a bottom reversal descending wedge.
2: Message level: (1) The Fed's rate cut expectations in September.
(2) The net inflow of 975 BTC for the US SpotBTCETF in August
BTC tested the support level near 57000 yesterday and rebounded. Today, it reached a high near the 60000 level and is still within the range of 57750-61500 that we defined. Yesterday, we suggested going long near the 57500 level. The lowest point so far is 58100, which has not been triggered. Before breaking out of this range, short-term trading continues to focus on both long and short positions within this range. If it can break through the 61500 level, there is still a possibility of testing the resistance level near 65587 again.