Today's midday analysis:
As analyzed yesterday, BTC rebounded strongly to the strongest pressure level of 61000 after probing 57800 on the daily level 3, and then pulled back. 61000 is the overlap of the 30-line and 144-line at the 4H level. A pullback is needed here, and trend users can ignore it.
These two days, I have been talking about taking more between 58500-59500. I have received it twice so far. The bottom position here can continue to be kept, and a small position can continue to be made back and forth. The bottom position should not be too heavy. Although the 4h level retracement is too deep, it is still in the scope of rising relay as a whole. 58500 is the new support point. If it unexpectedly falls below here, long orders need to be cautious.
ETH had a rebound yesterday. After a strong breakthrough of the downward trend line, it rose and touched 2600 (30 line) and pulled back. It got support near the trend line. The entry points are 2510 and 2480. Risk control is below 2450, and profit is taken in batches above 2550.
Of course, it is still in an upward trend. In the last two days of August, we will be patient and welcome the market in September. I believe that those who insist on holding on will definitely have good returns.
At present, there is no operation in the real account. As mentioned before, there is a hand to cover the position after the accidental drop of 54,600. Basically, it will not move again. Hold patiently and wait for the market to explode in September. #BTC #ETH