Liang Qiu: After the long orders of Bitcoin/Ethereum were closed on August 12, the long orders continued to enter the market after the retracement.
The long orders of Bitcoin and Ethereum were arranged at 58,000 and 2,520 in the white market, with the targets of 59,800 and 2,600. During the evening market rally, Bitcoin reached a high of 59,900, and Ethereum even rose to above 2,700. The long orders basically exceeded expectations and reached the target. All the previous posts can be seen. At present, the market has risen and fallen again. The overall Bitcoin is weak, and the room for pulling up is not as large as imagined.
On the four-hour line, the Bollinger Bands of Ethereum are shrinking, just touching the upper track and starting to fall back, and there is room for further decline in the evening. On the daily line, it broke below the 7-day moving average and the 10-day moving average yesterday. After the rally and retreat, it is still above the 10-day moving average. In the evening, pay attention to whether the 10-day moving average of 2550 to 2580 can form support, especially the 2550 line. For Bitcoin, pay attention to the support near 57,000 to 57,500.
In terms of evening operations, long orders will continue to be placed near 57400 to 57700 for Bitcoin, with a target of around 59000; long orders will be placed near 2550 to 2580 for Ethereum, with a target of around 2660 to 2700. #美联储何时降息？ 6#加密市场反弹 #美国7月非农就业增长放缓
