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01.09.2026 08:48 AM
Trading Recommendations for the Cryptocurrency Market on September 1

Bitcoin and Ethereum continue to show resilience. Today, BTC has returned to the $79,000 region after a decent correction to around $77,000 at the end of last week. Ethereum remains around $2,500, maintaining the chances of a continued bullish market, albeit a short-term one.

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As traders gradually consider new purchases, anticipating a bull market, today marks the beginning of the first mandatory phase of implementing the digital ruble in Russia, the third form of the national currency alongside cash and non-cash money. All 12 systemically important banks must provide customers with the ability to open digital wallets and conduct transactions through their usual mobile applications. The money is stored on the Bank of Russia's platform, and banks act only as intermediaries. The exchange rate remains firmly set at 1:1 to the regular ruble.

For citizens, a key principle remains that participation is voluntary; accounts will not be opened automatically, and salaries, pensions, and social payments will not be transferred to digital rubles without a person's consent. This tool is exclusively intended for payments and transfers; it's not possible to open a deposit, take a loan, or receive cashback in digital rubles, and no interest will be accrued on the balance.

As for short-term trading, the strategy and conditions are described below.

Bitcoin

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Buy Scenario

Scenario #1: I will buy Bitcoin today upon reaching an entry point around $79,200, targeting growth to the level of $79,800. At approximately $79,800, I plan to exit my buy positions and sell immediately on the bounce. Before buying on the breakout, ensure that the 50-day moving average is below the current price and that the Awesome indicator is above zero.

Scenario #2: Bitcoin can also be bought from the lower boundary of $78,600 if there is no market reaction to its breakout back towards the levels of $79,200 and $79,800.

Sell Scenario

Scenario #1: I will sell Bitcoin today upon reaching an entry point around $78,700, targeting a decline to the level of $77,800. At around $77,800, I intend to exit my sell positions and buy immediately on the bounce. Before selling on the breakout, ensure that the 50-day moving average is above the current price and that the Awesome indicator is below zero.

Scenario #2: Bitcoin can be sold from the upper boundary of $79,200 if there is no market reaction to its breakout back towards the levels of $78,600 and $77,800.

Ethereum

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Buy Scenario

Scenario #1: I will buy Ethereum today upon reaching an entry point around $2,483, targeting growth to the level of $2,510. At approximately $2,510, I plan to exit my buy positions and sell immediately on the bounce. Before buying on the breakout, ensure that the 50-day moving average is below the current price and that the Awesome indicator is above zero.

Scenario #2: Ethereum can also be bought from the lower boundary of $2,464 if there is no market reaction to its breakout back towards the levels of $2,483 and $2,510.

Sell Scenario

Scenario #1: I will sell Ethereum today upon reaching an entry point around $2,464, targeting a decline to the level of $2,440. At approximately $2,440, I intend to exit my sell positions and buy immediately on the bounce. Before selling on the breakout, ensure that the 50-day moving average is above the current price and that the Awesome indicator is below zero.

Scenario #2: Ethereum can be sold from the upper boundary of $2,483 if there is no market reaction to its breakout back towards the levels of $2,464 and $2,440.

Summary
Urgency
Analytic
Maxim Magdalinin
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