[This weekend, 1.3 billion CNY liquidity was plundered in the early morning, and 57,584 people went bankrupt! ]
2024.8.12 10:27 am BTC morning market analysis
The weekend is still the same old idea. The weekend is a single weekend chat. On Friday, the single weekend will hit the high and stop profit of 80%. The remaining positions will be guaranteed to bet on Monday!
This weekend, Friday and Saturday will tell you about the shock, and Sunday morning will tell you the idea of weekend gambling. Don’t operate in the early morning, because the weekly intersection volatility will increase. As expected, when you wake up, 1.3 billion liquidity was directly killed!
At this moment, BTC is consolidating at 58,500. If you look at the short-term, it feels that the decline has been a lot, but if you look at the 4-hour level, isn’t this a very normal step back? There is nothing to worry about, provided that you have stepped on the right rhythm?
BTC attention
Support 57000/56000/55000
Pressure is temporarily set at 60000
At this moment, the big cake has come to the support range of 58000/59000. The decline in the past few days and the rise in the past few days have made these two points useless. Last night, this wave tried to bottom out at 58000. It depends on the support strength of this short-term key point of 58000!
In terms of operation, there are 2 or 3 squats down this week. As long as it does not break the previous low or the short-term strong support area of 51500, you can see if there is any opportunity for spot in the next wave. Observe it during the day. The good show will officially start around dusk!
