8.12 Monday, intraday summary and market outlook to unwind
The market on Monday can always surprise you. It’s another big opening and closing market, with sharp rises and sharp falls. All trends are completed in an instant. After the sideways consolidation at the weekend, the market went all the way down in the morning, touching the 58100 line. Then it went up, and then the market fluctuated today. The currency price dipped twice in the afternoon and rebounded after touching the 57600 area. In the evening, there was a seesaw between long and short. The top even touched 60700 and then stepped back under pressure, rising and falling sharply. Trend, in today's market, there are not many updates and layouts due to private matters, and the CCP participated in two real orders. One more and one empty, the delivery time is good.
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Big pie 59732 empty 58587 closed 1145 points
The pie was 58,336 and more than 59,598 were sold to close 1,262 points.
Ether 2550 went out more than 2673 and closed down 123 points
Ether 2686 short 2636 closed 50 points
The big pie and two orders closed at 2407 points, and the ether closed at 173 points. Although the market is big, there is not much participation. In the ups and downs of the market, good returns can be achieved with one click. There will be more things today, but daily updates will still be maintained. If you have friends who want to go ashore, please contact me personally.
The short-term rhythm of long and short does not have much continuation, so it is not suitable to pursue one side or fluctuate the market. You can backhand after a round of market goes out. Looking back at 800 points, the space is not a big problem. The short-term trend is expected to fluctuate upward, but the short-term transition between long and short in the small cycle rhythm is ordinary. After the 4-hour upward trend, there was a certain retracement. The short-term support focuses on the 58500 area. This position is not broken, as long as I see it.
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