Thursday, August 8, Bitcoin evening market insights

The initial unemployment benefits finally led to an upward trend in the price of the currency. Once the data was released, the market rose straight up and instantly stretched to the 58,500 line. However, it failed to continue after the upward trend. At present, the price of the currency has returned to the 57,800 line again. In the short term, the rhythm formed a shock upward trend, with a large span back and forth, but the continuity was insufficient, and the high point was gradually refreshed, so the operation can be short first and then long.

The daily trend bottomed out and rebounded to form a shock upward trend, with long and short switching back and forth, but it can give new highs every day. The short-term rhythm stepped back again, but the slow rise of four hours was boundless, and the short-term rush was under pressure. The decline of the hourly line is expected to continue, so in the short term, pay attention to the decline of the market first, and pay attention to the support of the 56,000 area below. If it does not break, go long.

On Thursday night, it is recommended to short the big cake rebound at 57500-57800, and focus on the 56500-55000 line. If the support is not broken, go long, and look back at 1500 points. Ethereum synchronization operation can be done.

Trading is a battle with yourself. Overcome fear and defeat greed, and you can control the market. Remember, every breakthrough is self-transcendence, and every persistence is a persistence in dreams. #加密市场反弹 #美联储何时降息？ #JumpTrading转移资产 #美国7月非农就业增长放缓 #BTC走势分析 $BTC $ETH $SOL