2024.8.5, BTC intraday market analysis

Good afternoon, brothers, the big cake rebounded to 58500 last night. Did you feel energetic? When I woke up in the morning, I felt disappointed. Now the general trend is on the short side. Don't reverse and build a bottom at every turn. Yesterday, it fell below 56000 for the first time. If the daily line cannot close, the market will not go up. The rebound is short. I always think that the big short market has not come yet.

Intraday market analysis:

Currently, the four-hour level rebound of the big cake has ended. Today, we will focus on the important resistance above 57500. If the four-hour closing line breaks 57500, then this wave of market will temporarily go down. If it doesn't go, it will hit the upper daily resistance of 58911 again. If the four-hour closing fails to reach 57500, the market will continue to fall, with the target of 55700.54557.49426.

Trading ideas Daily and weekly lines are on the short side, and the rebound is mainly short.

Pay attention to short orders near the rebound of 57500, and manually exit the market when the four-hour closing line breaks 57500.

Only with clear ideas and clear directions can you have a clear idea in mind. If you are still unclear about the daily market trend, you can pay attention to my daily updates of intraday strategies, market analysis and precise points #BTC走势分析 #美联储何时降息？