Core Viewpoint - Recursion Pharmaceuticals has faced significant challenges, including disappointing earnings results and a leadership transition, leading to mixed market reactions and technical indicators. Financial Performance - Recursion Pharmaceuticals reported a quarterly loss of 36 cents per share for Q3, which was worse than the market estimate of a loss of 31 cents per share [2] - The company’s quarterly sales were $5.175 million, significantly missing the analyst consensus estimate of $16.983 million [2] Leadership Changes - The company announced a CEO transition plan, with Najat Khan set to succeed co-founder Chris Gibson as CEO and President [3] Stock Performance - Recursion Pharmaceuticals shares increased by 5.6% to settle at $4.92 following the announcement of the CEO transition [3] - The stock is currently trading 12.2% above its 20-day SMA, indicating short-term strength, but is struggling below its 50-day, 100-day, and 200-day SMAs, suggesting a bearish long-term trend [4] Technical Indicators - The RSI is at 54.50, indicating neutral territory with no immediate overbought or oversold pressure [5] - The MACD is above its signal line, suggesting bullish momentum, but confirmation through price action is needed [6] - There are currently no clear support or resistance levels, complicating price movement predictions [7] Historical Trends - The stock experienced a death cross in April, with the 50-day SMA falling below the 200-day SMA, indicating a bearish trend [8] - Over the past 12 months, the stock has declined by 25.87%, reflecting ongoing challenges [8]

Bitcoin Analysis - Bitcoin is facing a make-or-break moment, struggling with resistance between approximately $92,000 to $94,000 [1][5] - A breakout above $94,000 could trigger a short-term bullish target of around $103,000, potentially liquidating short positions around $94,600 to $94,700 [6][15][16] - Failure to break out could lead to a retest of the support level at approximately $85,000, invalidating a potential double bottom pattern [6] - The more the price retests the resistance, the weaker it gets, increasing the probability of a breakout [9][10][11] Ethereum Analysis - Ethereum has broken out above the resistance area of $3,000 to $3,100 with multiple confirmations and is holding it as support [25][26] - The next price target for Ethereum is around $3,400, based on a potential double bottom pattern, with resistance at $3,250 to $3,300 [28] - A short-term overbought signal suggests a potential cool-off in price action, but the overall outlook for the next week is bullish [30][34] Altcoin Analysis - Solana is struggling with resistance between $143 to $147 and is in a sideways price range between support and resistance [35][36] - XRP has a large bearish divergence on the weekly timeframe, but a smaller bullish divergence on the daily chart suggests potential sideways movement between $0.230 to $0.240 resistance and $0.2 to $0.25 support [38][39][41][42] - Chainlink has confirmed a bullish divergence and hit its price target of $15, now potentially ranging between $13.40 to $13.50 support and $15.20 to $15.70 resistance [43][44][45][46] Market Indicators - Bitcoin dominance lacks significant momentum, suggesting altcoins will likely perform similarly to Bitcoin [24][25]

🚨 ALERT: Bitcoin’s weekly SuperTrend just turned bearish, confirmed by a close below the 50-week MA.This combo preceded 77–84% drawdowns in prior cycles as sentiment hits “extreme fear.” https://t.co/1iDdLbqlvB ...

Market Trend Analysis - Bitcoin is showing bearish signals on larger time frames, confirming a new bearish price pattern with an immediate short-term bearish price target [1] - Expect weeks, if not months, of bearish price action with weakness and lacking bullish momentum [7][8] - Bitcoin dominance is struggling at resistance between 605% to 61%, which could be good news for the altcoin market [39] - Ethereum is showing massive bearish price structure on the 3-day time frame, indicating weeks or months of weakness [42][43] - XRP is breaking below support at $230 to $240, expecting a move down towards $25 as the next price target [52][53] Price Levels and Targets - Bitcoin's Super Trend indicator may flip to red if a weekly candle closes below approximately $96,000 [4] - Bitcoin faces resistance at just under $111,000 and is heading towards roughly $100,000, with potential support around that level [9][10][11] - If Bitcoin breaks $100,000, expect a move down towards $97,000, then $93,000 to $94,000 [11] - Ethereum is testing a crucial area, and losing support could lead to much lower price targets, with the next major support between $2,700 and $2,850 if it breaks below $3,350 [2][44][45] - Solana is breaking below support at $170 and $157, expecting a drop towards $143 to $146, and potentially $135 or even $125 [48][49] Trading Strategy - The analyst is using a grid bot trading strategy on Pionex, buying Bitcoin as it drops and selling on bounces [18] - A small short position on Bitcoin has been opened on Two Bit as a hedge to offset the unrealized loss of the grid bot strategy [23] - The hybrid trading strategy aims to protect downside risk with the short position and profit from bounces with the grid bot [25][26]

Group 1 - The core viewpoint emphasizes that despite recent volatility, the overall trend for gold remains bullish, with expectations for upward movement in the coming week [1][2][3] - Gold experienced a significant drop of $200, from $4380 to $4188, but this is viewed as a deep adjustment rather than a trend reversal [2] - The technical analysis indicates that as long as the 5-day moving average support is not broken, the bullish state remains intact, with potential upward targets of $4350 and $4500 [2][3] Group 2 - The silver market is also projected to maintain a bullish trend, with a target of $55, although it faced a drop to $50.5 last week [4] - Domestic gold prices are advised to be cautious, with recommendations to avoid chasing highs and to consider buying at lower levels, such as $965 for沪金 and $960 for融通金 [3][4] - The oil market is currently in a bearish trend, with a recommendation to observe rather than aggressively trade, as it may test previous lows around $54.5 [5]

Support and Downside Targets - The recent swing low of $62.19 marks critical near-term support, with a decisive break below this level confirming a continuation of the broader bearish trend [1] - The next lower target is projected between $60.66 and $60.60, aligning with a 78.6% Fibonacci retracement and a measured target from a falling ABCD pattern [1] - A deeper bearish objective is indicated at $57.71 based on a 100% projection of the same ABCD structure [1] Signs of Potential Reversal - Recent consolidation suggests that bearish momentum has temporarily stalled, opening the possibility for a short-term bullish reversal [2] - A small double bottom pattern has developed, with a breakout signal triggered on a move above last Friday's high of $64.18 [2] - If confirmed, this could lead to a test of resistance near the 20-Day moving average, currently at $65.78 [2] Key Resistance Zone - The resistance area is significant due to an anchored volume weighted average price (AVWAP) line from the June trend low, currently at $65.53 [3] - This AVWAP served as reliable support until it was broken to the downside on August 6 [3] - A rally back into this area would mark a critical test for bulls, as reclaiming the 20-Day average and AVWAP is essential to shift momentum in their favor [3] Outlook - Crude oil remains trapped between support at $62.19 and resistance at $64.18, requiring a breakout beyond either boundary for momentum improvement [4] - Traders can expect further consolidation within this range, with the broader bias continuing to favor the bears [4]

Market Trends & Analysis - Bitcoin ETFs experienced a significant net outflow of approximately $800 million on Friday alone [2] - The Bitcoin dominance is showing a short-term bounce, which is generally unfavorable for the altcoin market [1][34] - A bearish divergence is forming on the weekly Bitcoin price chart, indicating a potential slowdown in bullish momentum [7][8] - Ethereum is facing strong resistance between roughly 3900 to 4100 美元, leading to a rejection [37] - XRP is at risk of breaking below the $0.3 level, potentially confirming a bearish divergence on the weekly chart [47][48] Trading Signals & Strategies - The analysis suggests looking for short positions in the crypto market in the short term, rather than long positions [14][21] - Key entry points for short positions include breaking below support levels or rejecting from resistance levels [22][24][25] - Chainlink has broken below $17.50, with a potential continued drop towards approximately $15.50 [59] Risk & Reward - XRP could potentially drop towards $0.2, representing a potential 30% move to the downside [51][52] - A 10x leverage short position on XRP from the current price to $0.2 could yield a 300% profit [53] Exchange Promotions - Bitex offers up to $40,000 in trading bonuses and a $200 bonus for depositing $1,000 [28] - 2bit is hosting a $3 million trading competition and offers trading bonuses [30]