[Waking up, another 2.5 billion CNY was wiped out! 92,334 people went bankrupt and returned to zero. This week's plundering of liquidity is almost catching up with the BTC ETF landing week! 】
2024.8.3 morning 9:34 BTC market analysis
After waking up, the first priority is to look at the market to see if the market is consistent with the evening's prediction. If it is consistent, you can follow the idea! If it is not consistent, you can't do it according to the established measurement. Obviously, when I woke up this morning, the market hit a new low and fell below 62,600 in large volume, so you can't blindly enter the market on the weekend!
In addition, the bull market will not start until October-November at the earliest. The recent live broadcast has been reminding that the next two or three months will be a period of violent shocks and reshuffles, so don't imagine that the bull market will start immediately at this moment!
What we need to do is that long-term fixed investment players continue to execute the fixed investment without changing; for the mid-term band, the principal plus part of the profit is used, and the chips with 0 cost are kept for 25 years; for short-term contract entertainment, only a small part of the position is used to play, and the signals are used to play. Those who can't read the signals can watch more recent live broadcasts; to improve your understanding of the pattern!
BTC weekend focus
Support 59000/58000
Pressure is temporarily set at 62600
The key point at the moment is 61000, which is a key point. If it can't be defended, there is still room for downward exploration. If it is supported or consolidated, wait and see, and give more time to see the signal confirmation!
The spot band is suspended this weekend, there is no opportunity, and the contract will not be sold without a pin. If you are not a high-risk game player, you can also wait and see on the weekend!