Insights on the evening market of Bitcoin on Friday, August 2

Since the early morning decline, the price of Bitcoin has continued to fluctuate and consolidate, and the overall fluctuations have been around the 64000-64800 area. The market has not made a big move. Under the influence of the positive non-agricultural data in the evening, the market still did not break this oscillating situation. At present, the market has come to the 64800 area again. It is still difficult to break through the suppression. So the high-altitude thinking can be maintained at night.

The daily structure is still in a downward trend, and the range has converged. It is expected to be a tug-of-war process in the short term, and it is difficult to get out of a large unilateral. The trend of the 4-hour is more obvious. The rebound in the short term has been suppressed by the middle track and failed to break through. The KDJ indicator in the attached figure extends upward, but the price of the currency has always maintained a sideways movement, basically running with a sideways trend. It can be determined that the market sentiment is still bearish, and the short-term trend is basically a time-for-space exchange. So once a turning signal appears, the market breaks this oscillating situation, and there will be a 3,000-point drop space.

On Friday night, it is recommended to short Bitcoin at 65000-65200, and the target is 63500-62000. On Friday night, it is recommended to short Ethereum at 3160-3180, and the target is 3050-3000. This month, the market has been very good and smooth sailing! If you are still not operating smoothly, players running around, stop and look back here! God is by your side! #美联储何时降息？ #美国政府转移BTC #比特币大会 #美国以太坊现货ETF开始交易 #美国大选如何影响加密产业？ $BTC $ETH $BNB