8.12 Monday, Bitcoin morning market insights,

It is a new week again. Bitcoin performed relatively steadily in the market on Sunday. After a round of rise to the 61500 area at the end, it was under pressure again. In the morning, it fell sharply to the 58200 area and rebounded. It is now back to the 585000 line. In the weekend market, it also gave a bullish idea, and the market also gave an upward opportunity. The short-term decline stopped rebounding, and the operation can continue to maintain a low-multiple idea!

From the current daily structure, the market has undergone a short correction after the big sun stretched, and it went down in the morning, but the daily line did not give a strong retracement after the big sun pulled up at the end of last week. Yesterday's K line received a small cross star positive K, and today's white plate did not give a clear sign of large volume, so the short-term decline did not give too much continuation. There will be a certain demand for a short-term retracement, but it is expected that the strength will not be too great. There is still a chance for continued highs in the future. So from the current structural trend, you can continue to look up.

On Monday morning, it is recommended to buy Bitcoin in the 58000-57500 area, and the target is 59500-61000.

On Monday morning, it is recommended to buy Ethereum near 2500-2450, and the target is 2600-2650.

When you decide to do something, don't hesitate, don't be afraid, go all out, and the result will not be too bad. Because in this world, the most terrible thing is not failure, but never starting.

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