Accumulate Bitcoin (BTC) on price dips while it holds support above $62,800, targeting a short-term rally between $72,000 and $75,000 through September. Avoid opening aggressive positions in NVIDIA (NVDA) ahead of its August 26 earnings report, watching instead for a potential 30% to 50% post-earnings sell-off to buy the dip. Maintain a bullish stance on the broader S&P 500 Index (SPX), treating market pullbacks as buying opportunities within an ongoing uptrend targeting 8,000 points. Hold off on rotating capital into Ethereum (ETH) until the asset establishes a confirmed support floor in the $1,800 to $1,900 range. Meanwhile, expect downward pressure on Brent Crude Oil (BRENT) to continue lower, serving as a positive economic tailwind that supports further strength across US equities.

Bitcoin (BTC)

• Currently trading around $63,600, holding short-term support near $62,800.
• The price is moving laterally within a symmetrical triangle pattern, which indicates a potential short-term upward breakout.
• The crypto market is seen as being in the final exhaustion phase of a broader bear market.
• A short-term target of $72,000 to $75,000 is projected between August and September, though this counter-trend move may face resistance and trigger another downward wave.
• Strategy involves rotating profits out of strong-performing US stocks back into BTC while prices are low.

Takeaways

• Consider accumulating on dips while the price holds above the $62,800 support level, but remain cautious of resistance in the $72,000 – $75,000 zone.

NVIDIA (NVDA) & Artificial Intelligence Sector

• Upcoming quarterly earnings on August 26 present the single largest short-term risk factor for the market.
• Technical chart displays an ascending wedge, a pattern that historically resolves to the downside roughly 70% of the time.
• High risk of market manipulation and post-market volatility around earnings; a negative reaction could temporarily drag down related AI and semiconductor names.
• The AI sector remains fundamentally strong and revenue growth is outpacing debt, but high leverage and aggressive spending pose medium-term systemic risks.

Takeaways

• Avoid opening large aggressive long positions immediately ahead of earnings; look to buy on a sharp 30% to 50% post-earnings dip if a market sell-off occurs.

S&P 500 Index (SPX)

• Confirmed uptrend across 4-hour, daily, 3-day, and weekly timeframes.
• Current lateral movement is considered normal consolidation before attempting further highs.
• The broader bullish trend is expected to remain intact until at least 8,000 points or until major corporate earnings reports introduce volatility.

Takeaways

• Maintain a bullish outlook on the broader US stock market, viewing short-term pullbacks as standard continuations within an active uptrend.

Ethereum (ETH)

• Has underperformed against Bitcoin (ETH/BTC) throughout the current market cycle.
• Needs to form a confirmed higher low (testing the broken downward trendline as support) around the $1,800 – $1,900 region to confirm a true trend reversal.
• A breakout past the previous high near $2,500 is necessary to validate renewed long-term strength.

Takeaways

• Wait for a clear confirmation of a higher low on the weekly chart before rotating heavily into ETH over BTC, and always use stop-losses on altcoin positions.

Tesla (TSLA)

• In a technical recovery phase following prior declines, but the overarching trend still consists of lower highs.
• Needs to establish and hold a higher low relative to previous cycle bottoms to confirm a long-term trend reversal.

Takeaways

• Hold off on aggressive re-entry until the stock successfully retests support and confirms a higher low on the daily/weekly chart.

Microsoft (MSFT) & IBM (IBM)

• Microsoft (MSFT) is moving sideways between $360 and $530 after a strong recovery, likely consolidating for a few months before extending its long-term uptrend.
• IBM (IBM) has established a confirmed bottom and is expected to spend 5 to 6 weeks in a lateral accumulation phase before attempting to fill higher price gaps.

Takeaways

• Expect multi-week consolidation and sideways movement rather than vertical rallies; accumulate patiently for medium-to-long-term positioning.

CoreWeave (Private / AI Infrastructure)

• Experienced a 92% rally over a 14-day span and is now undergoing a normal corrective pullback.
• Key pullback support lies near $94, with overhead resistance at $120.
• Expected to remain highly volatile but maintain upside potential over the next market cycle.

Takeaways

• Watch for stabilizing price action around the $94 support zone to assess new entry points following the recent rapid rally.

Brent Crude Oil (BRENT)

• Technical chart shows confirmed downtrend with strong rejection on rallies and lateral distribution.
• Speculation over geopolitical developments and negotiations is likely to push barrel prices lower.
• Declining oil prices are viewed as a positive macro tailwind for equity markets.

Takeaways

• Expect downward pressure on oil prices; lower energy costs are likely to support continued strength in equities.

AST SpaceMobile (ASTS)

• Long-term thesis targeted across a 2025–2035 investment horizon.
• Thesis is driven by the structural adoption of satellite-to-smartphone cellular connectivity alongside themes in robotics and AI.

Takeaways

• Accumulate gradually over a multi-year horizon as a long-term thematic growth holding.