Bitcoin (BTC) offers a short-term buying opportunity on a confirmed support retest, targeting $80,800 with risk strictly managed by an invalidation level below $78,600.

For Ethereum (ETH), look to scalp a short trade between $2,483 and $2,500 targeting recent lows, or pivot to a long position toward $2,545 if price bounces off support first.

Solana (SOL) provides a solid entry setup between $101.70 and $102.05, aiming for an upside price target of $105.86 with a stop-loss on an hourly close below $100.20.

XRP (XRP) presents an asymmetric 10:1 risk-to-reward long trade on a retest between 147.69 and 148.65, targeting the daily high with risk capped below 147.01.

Top-performing altcoins including NEAR Protocol (NEAR) and Convex Finance (CVX) offer favorable 3:1 to 5:1 reward setups to target recent highs if respective support zones at $2.143–$2.170 and $2.214–$2.276 hold.

Bitcoin (BTC)

• Bitcoin is finding support after a pullback triggered by the recent U.S. jobs report and interest rate speculation.
• The broader market is experiencing lower weekend liquidity, compounded by the upcoming U.S. Labor Day holiday.
• High-timeframe market structure remains bullish, with long-term expectations pointing toward $100,000 to $116,000 if key resistance levels break above $83,000.

Takeaways

• Trade Strategy: Look for long entries within the support buy zone on a retest.
• Confirmation: Wait for a 1-hour candle close above support before entering.
• Invalidation / Stop Loss: A 1-hour close below $78,600 invalidates the long setup.
• Price Target: Short-term take profit (TP) target is $80,800.

Ethereum (ETH)

• Ethereum remains bullish on higher timeframes (daily/4-hour), but short-term price action offers a potential counter-trend weekend scalp.
• Low liquidity over the holiday weekend requires disciplined risk management.

Takeaways

• Short Setup:
  • Entry Zone: Between $2,483 and $2,500.
  • Confirmation: Wait for a full-body 1-hour red rejection candle in the entry zone.
  • Invalidation: A 1-hour close above the recent local high.
  • Price Target: Target yesterday's low.
• Alternative Long Setup:
  • If price drops to support first before reaching the short zone, look for a long position targeting yesterday's high around $2,545.

Solana (SOL)

• Solana is consolidating around a major support level on the 1-hour chart.
• Traders are advised not to front-run or chase entries before the price reaches the defined support zone.

Takeaways

• Entry Zone: Wait for a pullback into $101.70 – $102.05.
• Confirmation: Enter only after a 1-hour candle closes inside the buy area.
• Invalidation / Stop Loss: A 1-hour close below $100.20.
• Price Target: Conservative upside target of $105.86 or higher.

XRP (XRP)

• XRP is holding a critical support level and setting up a high risk-to-reward trade opportunity (nearly 10:1).
• Positive sentiment is partly fueled by anticipation surrounding regulatory developments (such as the Clarity Act).

Takeaways

• Entry Zone: Look to enter on a retest between 147.69 and 148.65.
• Invalidation / Stop Loss: A tight 1-hour close below 147.01.
• Price Target: Target the high of the day.

NEAR Protocol (NEAR)

• NEAR recently experienced a strong rally and is attempting to flip previous resistance from May into new support.
• If this level holds, it could signal a broader trend reversal and a larger upward run.

Takeaways

• Entry Zone: Support buy area sits between $2.143 and $2.170.
• Invalidation / Stop Loss: A 1-hour close below $2.09 – $2.10 (allowing room for potential liquidity sweeps).
• Price Target: Target recent local highs (offering an estimated 3:1 to 5:1 risk-to-reward ratio).

Curve DAO (CRV)

• CRV is demonstrating independent strength, decoupling from general market moves and gaining roughly 2x from its June lows.
• The 4-hour chart displays a recurring bullish continuation pattern.

Takeaways

• Entry Zone: Buy on a pullback between 0.3524 and 0.3551.
• Invalidation / Stop Loss: A 1-hour close below 0.3444 – 0.3498.
• Price Target: Target the previous day's high around 0.3820.

Hedera (HBAR)

• HBAR is showing notable relative strength by surpassing its previous day's high while broader markets consolidated.
• High volatility makes it favorable for active day trades and range plays.

Takeaways

• Entry Zone: Look for pullbacks into the 0.07866 – 0.07946 support zone.
• Confirmation: Wait for a 1-hour candle close inside the support area.
• Invalidation / Stop Loss: A 1-hour close below 0.07820.
• Price Target: Target recent highs from earlier in the week (nearly 4:1 risk-to-reward).

Ethena (ENA)

• Sentiment is bullish following fundamental announcements regarding its upcoming Neobank initiative and ENA card.
• Price is currently testing a key support level converted from prior resistance.

Takeaways

• Entry Zone: Current support level at the local retest area.
• Invalidation / Stop Loss: A 1-hour close below 0.1607.
• Price Target: Target recent range highs.

Convex Finance (CVX)

• CVX has doubled from recent lows and continues to respect established support levels on the 1-hour timeframe.

Takeaways

• Entry Zone: Look for retests between $2.214 and $2.276.
• Invalidation / Stop Loss: A 1-hour close below $2.153.
• Price Target: Target recent local highs (providing an estimated 5:1 risk-to-reward ratio).

Virtuals Protocol (VIRTUAL)

• VIRTUAL is ranging on the 4-hour and 1-hour timeframes with defined boundary reactions.

Takeaways

• Entry Zone: Wait for a pullback to the lower 4-hour support zone.
• Invalidation / Stop Loss: A 1-hour close below the lowest wick of the support range.
• Price Target: Target the upper band/local high of the range.

Sui (SUI)

• SUI has demonstrated relative weakness compared to other altcoins, requiring strict risk management if trading the bounce.

Takeaways

• Entry Strategy: High-risk bounce trade at support.
• Invalidation / Stop Loss: A tight 1-hour close below 0.7705.
• Price Target: Full take-profit target at recent range highs if support holds.

Hyperliquid (HYPE)

• HYPE is currently trading in price discovery, creating elevated volatility and risk.

Takeaways

• Trade Caution: Trading assets in price discovery carries higher risk; conservative position sizing is recommended.
• Entry Zone: Potential pullback entry between 82.39 and 83.23.
• Invalidation / Stop Loss: A 1-hour close below 82.10.
• Price Target: Target previous wick highs.