Hey everyone, hope you all had a great weekend and congrats to everyone who got involved in the first BUILDTEAM auction!

Preliminary results suggest the project has been an overwhelming success, with participants receiving ~1.7 STEEM per BUILD. That equates to about $2.20 USD, which is almost identical to the last price on the BTS market. Steemians who bought in at 7.5 last week have doubled their money and must be pretty happy XD

Anyway, here's the latest happenings in ...

Crypto Markets

BTCUSD took a little breather yesterday after Saturday's massive bullish breakout. Pair finished the day slightly lower at 3230, just 20 points shy of Saturday's record close. The textbook breakout play is waiting for a test of former resistance, except that is all the way down at 2800-3000, and I'd be very surprised if we trade that low. Holding long from 3125, looking for some serious continuation over the coming days and weeks:

ETHUSD has finally broken above the 225-250 zone and Ether is currently fetching just over 260 USD. Good news for bulls, though whether or not they can take it back to the record highs remains to be seen. Pair remains bullish above 190/200:

STEEMBTC is looking a little heavy at support, but this is on the back of significant Bitcoin strength and two days of maintenance at Bittrex. This maintenance would have led to abnormal selling interest, as STEEM holders were forced to exchange for other coins in order to withdraw. Bittrex is now hooked into tradingview, so I will be using their charts going forward - we have support confluence in the 33-40 zone, with a break above 50 needed to shift focus to the topside:

Currently fetching $1.74 AUD, up a few cents since Saturday. Also a little against the Dollar, fetching $1.34 from $1.30. Steem Dollars are trading at a slight discount, you can pick them up for 98c on the Dollar at Bittrex.

That's me for the day folks. Congrats again to all the BUILDTEAM auction participants! Next round of bidding kicks off with the pot announcement on September 3 00:00 UTC.