BTC market analysis at 8:56am on August 29, 2024
The pullback in the early morning yesterday can be said to have completed a very standard ultra-short-term bottom divergence, which is an ultra-short-term signal, which was generated at about 0:30 in the evening, falling below 58,000 and recovering the 58,000 mark!
At this moment, BTC is consolidating at the 59,000 line. BTC has completed two pullbacks in the 57,500-58,000 range in the past 24 hours. Each wave of space is more than 1,000 dollars. The intraday fluctuations are the main ones, and the direction has not been determined!
BTC attention
Support 57,500/56,100
Pressure is temporarily set at the 59,800-60,000 mark
Today's key point is in the 57,500-58,000 range. If you come to this range again during the day, you can focus on the opportunity to make money!
Operation suggestion: Long-term fixed investment remains unchanged. Those who have not entered the bottom position in the mid-term wave band can enter the bottom position. Those who have the bottom position will wait for the pattern signal at the beginning of next month. It is time to short-term during the day!
