September 3, Kongfa: Bitcoin intraday price ups and downs trend analysis and the latest operation suggestions
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BTC/Daily Chart

Bitcoin daily level, yesterday closed with a full sun, closing above the short-term 5-day moving average, and today's white market did not continue yesterday's rebound for the time being, and is still under pressure from last week's short-term resistance of 60,000. Today's expected space for breaking down is not large, and it is somewhat resistant to falling. It has the probability of stabilizing and strengthening at any time. We can only wait for when to break through the trend resistance line. For the current short-term, it is still looking at the upward trend, and going with the trend, see if it can stabilize at the 60,000 line, and it will continue to fall. At that time, we will look for the next support stabilization signal and then consider bullish.
BTC/4H chart

Bitcoin 4h level, continue to pay attention to the upper short-term resistance of 59500 during the day, whether it can extend upward to the 60000 mark. If it cannot stabilize and continues to adjust, the lower support is the 58500 range. The corresponding MACD bullish energy has gradually weakened. It is expected that the downward adjustment space will not be too large. Now it is waiting for an opportunity to pull up.

Strategy 1: It is recommended to short at 39400~39700 in batches, stop loss at 60000, and the target is around 58800~58500

Strategy 2: It is recommended to long at 58500~58000 in batches, stop loss at 57500, and the target is 59500~60000. It can be held after breaking through

The above is a personal suggestion for reference only. Investment is risky and trading should be cautious

September 1st: Bitcoin long and short alternately waiting for the range to break
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Review of yesterday's market trends and technical points:

Yesterday's article explained that relying on the resistance of 60,000, the rebound is mainly bearish, and the previous article successfully connected at 59,500, accurately reaching the target. Because the market volatility at the end of this week is relatively small and volatile, it is expected that after the short adjustment of the market next week, it will return to a strong long pull-up. The current entry point is not in a good position, between the middle and the middle, and encounters interval back and forth oscillation adjustment. Wait for the end of the brewing to get out of the oscillation dilemma, and make the next adjustment next week.

BTC/Daily Chart

At the Bitcoin daily level, there is not much to watch this weekend. Today, I will mainly talk about the analysis content for next Monday. [As shown in the figure] The low point of the previous two days, 57700, is still supporting the overall resistance to decline, and it is in a certain deadlock. The corresponding MACD short energy has not been exhausted. It is expected that the downward space next week will not be too large. Focus on the following two points: short-term support 57700, followed by 56000. For the clear direction of the market, we need to wait for the short indicators to be exhausted next week. It is nothing more than the length of adjustment time, and finally return to a strong unilateral pull-up. We can only wait patiently.
BTC/4H Chart

At the Bitcoin 4h level, the reference strategies given in the past few days are basically the same. We still pay attention to the upper resistance of 60000, which is also in line with the current bearish prediction. The trend resistance line is very obvious, and the small double bottom support is also obvious. The lower 57700 is also the top and bottom conversion of the previous low. The focus of subsequent attention is that the two points cannot be effectively broken, so we can only wait for the stimulation of the news next week to get out of the predicament.

Strategy 1: It is recommended to lightly position/go long at 57700~57200, stop loss at 56500, and the target is around 59500~60000

Strategy 2: It is recommended to lightly position/go short at 60000~59500, stop loss at 60500, and the target is 58000~57700. If it breaks, it can be held

The above is personal advice for reference only. Investment is risky and trading should be cautious

August 31st: Bitcoin range oscillation brewing big market, looking forward to the rise and fall next week~
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BTC/Daily Chart

At the daily level of Bitcoin, after a sharp decline, it will enter a period of oscillation and brew again. Then 57700 is still the key adjustment support this week, and it is also the top and bottom conversion point in the early stage. At the same time, the resistance is 61000, which was only pierced yesterday and did not stand on it. Therefore, pay attention to the consolidation process in the range of 57700~61000 today or early next week. In addition, the short trend has not changed in the short term.
BTC/4H chart

Bitcoin 4h level, the price bottomed out at 57700 in the early morning today and rebounded for the first time. After several hours of early trading, the K-line rose slightly. As shown in the figure, it can be seen that yesterday it supported the 60000 mark and pressed hard at the 61000 line. These positions are relatively critical. Only if it breaks through 60000, it can strengthen again to test 61000 and above. On the contrary, only if it loses 57700, it can exaggerate the need for adjustment and decline. If neither of them breaks effectively, it will fall into repeated consolidation in the range.

Strategy 1: It is recommended to short in batches at 59400~59800, stop loss 400 points, and target around 58500~58000

The above is personal advice, for reference only, investment is risky, and trading should be cautious

August 29th: Ethereum will fluctuate and adjust in the short term, and turn bearish again below 2700
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ETH/Daily Chart

At the daily level of Ethereum, the price bottomed out and rebounded on Tuesday, and there is a need for a correction. Yesterday's K-line closed positive, but in the medium term, the previous week's resistance was above 2800, and the continuous negative weakness fell unilaterally. It went into the second bottoming out, and it was difficult to extinguish the downward trend at once. Therefore, the subsequent operation of the weekly line should be mainly above 2100, and there will not be too much space even if it is pierced, and it is difficult to produce a big negative.
ETH/4H chart

Ethereum 4h level, as shown above, after the continuous negative K-line, it ushered in the first warming up. The short-term trend remains short. It seems to have entered a weak correction in the past two days. The trend adjustment of the currency circle is quite exaggerated. Therefore, the short-term is likely to be near the short-term moving average for interval adjustment. 2700 resistance, support 2400, touching 2700 is also a bearish idea.

Strategy 1: It is recommended to lightly position/short at 2670~2640, stop loss 2710, and the target is around 2500~2400

The above is a personal suggestion for reference only. Investment is risky and trading should be cautious

August 28th Empty Cut: Bitcoin is bearish!

Review of yesterday's market trends and technical points:
For Bitcoin, yesterday we tried to look bearish based on 64000~63500, and successfully connected the overall trend to be relatively regular. The short-term trend rebound is relatively low. The current trend is still preparing for the next step of decline. I hope that today will finally usher in a successful decline and reach the 60,000 mark, but this is not the end.

BTC/Daily Chart

At the Bitcoin daily level, yesterday closed with a full big Yin, the day before yesterday closed with a cross star K line, and today did not fall under pressure, but directly formed a Yin line, and if there is no rebound in the second half of the night, this pattern shows that it is still in a weak stage in the short term, waiting for the currency price trend to fall at any time, and continue to maintain a bearish trend.
BTC/4H chart

Bitcoin 4h level, short-term moving average begins to short and downward, the price runs above the 60-day moving average, and the decline in the evening will not be too large. This K-line pattern is easy to form a wave of bottoming and pulling up, and then the weakness is repaired and then the second decline is made. Focus on the resistance of 62500 and the support of 60500. Buying at stabilization is a good buying point.

Strategy 1: It is recommended to lightly position/go long at 61000~60500, stop loss 60000, and the target is around 62000

Strategy 2: It is recommended to lightly position/go short at 62500~62000, stop loss 63300, and the target is around 60500

The above is a personal suggestion for reference only. Investment is risky and trading should be cautious

August 27th Short Shooting: Choose to go short when Ethereum is below 2700
$ETH
ETH/Daily Chart

At the daily level of Ethereum, yesterday continued to close in the negative, and the K-line was arranged in a falling short position, which means that it still maintains a weak unilateral pattern. Don’t guess the bottom. It is a weak decline, but it cannot give a steady rebound and short. Either wait and see, or be bold and aggressive and open the market directly and fall. Although there is a decline at this time, it is stable to wait for the rebound point tonight to try to go short. Combined with the key upper rail resistance of the weekly line at 2800, the resistance here is crucial for this week.
ETH/4H chart

Ethereum 4h level, today's high point 2700 temporarily opened down, the overall rebound strength is small, the attached indicator has an upward trend, there will be a small rebound in the short term, and you need to pay attention to the upper 2700~2670 position at night. A wave enters the range and makes a weak correction. Then there is a probability of further shorting at night. Pay attention to the shock area near 2600 below

Strategy 1: It is recommended to lightly position/short at 2700~2670, stop loss at 2740, and target around 2630~2600
The above is a personal suggestion for reference only. Investment is risky and trading should be cautious

August 27th Short Cut: Bitcoin and Ethereum rebounded and high-altitude during the day
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BTC/Daily Chart

Bitcoin daily level, closed with a full sun last Friday. After two days of shock adjustment over the weekend, today's price started to fall from 64500. It is currently running above the 5-day moving average. Combined with technical indicators, this decline will not continue too much. It may usher in a small-scale rebound in shocks. Therefore, it can only rebound bearish and less test bullish. There are two ways to go tonight. The first is to continue to oscillate around the 63000~64500 range. The second is to rebound around 64000 and turn down again. The medium-term high-level band short can continue to hold.
BTC/4H chart

Bitcoin 4h level, the price continued to test 65000 above and was blocked again in the early morning today. The above chart shows a double top trend. Then the next step is to wait for tomorrow's news stimulus. No matter what the data is, whether it is a rebound or a direct decline, the short trend cannot be changed in the short term. Today, we will focus on the gains and losses of the 10-day moving average above 64000. If this moving average is not effectively lost, the squeeze state will continue.

Strategy 1: It is recommended to lightly position/short at 64000~63500, stop loss at 65000, and the target is around 62300~60000

The above is a personal suggestion for reference only. Investment is risky and trading should be cautious

All-round guidance time: 7:00 am to 2:00 am the next day

August 21st Empty Cut: Bitcoin short-term bulls come to an end! Today's latest trend analysis and suggestions
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BTC/weekly chart

Bitcoin weekly level: Today we will focus on the weekly chart (as shown in the figure). The previous round rose from the lowest 56100 to around 61800, an increase of 5700 points. Referring to the previous two rounds of weekly price fluctuations, it finally returned to the parallel price of 58500. This week's opening price is 58300, close to the middle track 62000, and there is a suppression adjustment again. After all, today's rise of 61300 is far from 620 00 middle track is not far away. In short, in this mid-term round of pull-up, there is not much room for a strong unilateral pull-up for the time being, and it is temporarily at a certain risk edge, but this wave of downward adjustment should be guarded against sudden diving and consolidation at any time. According to the reference of the same increase theory, it may reach around 57,000 and temporarily start the next wave of downward adjustment. Therefore, this week's market needs to pay special attention to the gains and losses of the 56,000 support line. It seems to be a fuse, whether it will continue to pull up unilaterally or conform to the technical channel under pressure and start to fall and adjust.
BTC/Daily Chart

Bitcoin daily level, yesterday's K-line closed positive, rose first and then fell to the middle track 62000, and there was a pressure adjustment pattern. Relying on the 60-day moving average to maintain a bearish momentum, any decline or adjustment or high-level consolidation is to prepare for further historical highs in the future. It cannot be judged by the rapid rise and high rise to reach the top, but it needs to be deduced by the monthly bull market time cycle. There will definitely be adjustments at a certain time during the process, and try to avoid the turning point of the adjustment to follow the rise. It is necessary to combine the judgment and analysis of the level just now, and if there is an obvious daily pressure pattern in the future, etc., the short-term 60-day moving average resistance is 61500. The price appears on the edge, and it is necessary to pay attention to a large drop. The channel retracement confirms that the support is 56000, so it is necessary to pay attention to the stabilization of these two positions.

Strategy 1: It is recommended to sell short in batches at 60,500~61,000, cover at 61,500, stop loss at 62,000, and target around 57,000~56,500

The above is personal advice for reference only. Investment is risky and trading should be cautious

August 19th empty cut: Bitcoin shock consolidation may brew a big market!
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BTC/Daily Chart

At the Bitcoin daily level, yesterday's K-line closed negative, and the closing price was around 58,400. The price fell again, just at the entry point given in the article on Saturday. From the chart, it can be clearly seen that the daily level has fluctuated from a wide range, and it seems to be in a triangular pattern, and the ups and downs are gradually decreasing. Once the subsequent price breaks through the triangle dilemma, it indicates that there will be large fluctuations. In combination with the weekly line, it is highly likely that it will not deviate from the 56,000 area. For tonight, even if there is a resonance point under obvious pressure technically, it dare not say that it will fall. We can only hope that the data will cooperate with the technology. Since the end of July, the empty cut has been deduced, and it is predicted that the short position will most likely be extended to mid-August. The attached indicator short position has basically been exhausted. Therefore, tonight, we only need to focus on the 56,000 line. If it does not break, we will continue to maintain the long position unchanged.
BTC/4h chart

Bitcoin 4h level, yesterday under pressure at 60300 line, fluctuated and fell to around 57800. In the afternoon, it was consolidated around the lower track for a few hours, and began to fluctuate and adjust downward. Because the adjustment market is mostly real, bulls can participate. Of course, it needs data to get out of the predicament in the future. But no matter how it is brewed, the possibility of unilateral emergence is expected to be between one or two days. Technically, the resistance of 59000~60000 is obvious. If it does not break through this effectively, it tends to start a round of adjustment in the short term or slowly grind in the triangle area. Pay attention to 57500~56000 below. If it stabilizes, it can be bullish in the short term, because the adjustment market is mostly volatile, and the subsequent efforts will choose whether to continue holding.

Strategy 1: It is recommended to lightly position/go long at 58000~57500, cover position at 57000, stop loss at 56500, and target around 60500~61000

The above is personal advice for reference only. Investment is risky and trading should be cautious

Since July 2024, the global financial market has been turbulent, with U.S. and Japanese stocks plummeting, the U.S. dollar index falling, and Bitcoin prices falling. The reasons for the turbulence include the unwinding of yen carry trades, concerns about a U.S. recession, uncertainty in the U.S. election, and concerns about the sustainability of high-tech stocks. Market volatility will increase in the future, but the probability of a financial crisis is low.

Since August, non-agricultural data has been significantly positive, and CPI has also been slightly positive. These two data are positive. When the price of the currency has risen and fallen, it shows that at this point, the rise in the price of the currency has not paid much attention to the data.

The first stage can be defined as the process of oscillation and accumulation in the bull trend, oscillating and washing the market, accumulating energy and rising again, and the next wave of rise is also accompanied by a forced short trend, which is basically to digest the implementation of the September interest rate cut. In the process of oscillation, many people will lose their way. $BTC $ETH

August 17th: The causes and prospects of global financial turmoil, where will Bitcoin go in the future?

BTC/Daily Chart

At the daily level of Bitcoin, yesterday's K-line closed negative again, and the price once broke through the lower track key support of 59500. Combined with the technical level, the daily level has already entered the short risk area, but the currency price has not seen a decent correction. It seems that the shorts want to enter the next round of decline, and the subsequent bulls will continue to extend the cycle, which is far beyond the cognition of everyone in the market. However, once this kind of decline occurs violently, it will be difficult to get out if you have short orders in your hands. So in my opinion, you still need to continue to choose to enter the market at a low level and keep the bullish outlook unchanged.
BTC/4h chart

Bitcoin 4h level, the price was under pressure at 59800 in the early morning yesterday and fell sharply to 56000, then stabilized near 56000 and pulled up again to near 59800 resistance. At this time, there are some small intraday double top resistances above 59800, which is also the Fibonacci split point. The subsequent focus will be on the resistance level as a backup. As shown in the figure, at the 4-hour level, referring to the previous round of trends, there may be some similarities. Then there is a probability of touching 57500 today, a small rebound, and then touching the high point of 59800 and turning down again. Based on this, various signs indicate that the currency price may have a short-term rise and adjustment. In addition, the key support is around 57500. If it is touched, you can choose to buy, and the resistance is 59800.

Strategy 1: It is recommended to buy in batches at 57800~57300, stop loss at 56600, and the target is around 59500~59800~60400

The above is personal advice for reference only. Investment is risky and trading should be cautious$BTC $ETH $BNB

August 16th: Bitcoin is volatile and beware of changes. Today's price trend analysis and operation suggestions
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BTC/Daily Chart

At the Bitcoin daily level, yesterday's K-line closed negative, which seems to give the bears time to breathe, but be cautious at all times. It is very likely to be repaired through high-level interval consolidation, but the overall decline is not strong. This morning, there was another oscillation and retracement, and the lowest price just happened to be around 57,500 on Monday. If the price reaches the support effect, then after today's price fell to around 57600, it turned bullish again. The trend has clearly entered the oscillation range of 57500~62000, fluctuating around 4500 points. Therefore, the bullish trend still needs to be maintained, but it is currently around 59500. The price difficulty of buying is too high. The safe approach is to wait patiently for a retracement and continue to be bullish near the short-term support of 58000. Focus on the 62000 resistance level. Once it breaks through effectively, make an effort, maybe 6 3000~64000 went up quickly~

BTC/4h chart

Bitcoin 4h level, currently temporarily under pressure below the high point of 62000, but at the same time above the support of 57600 on Monday, maintaining a range consolidation mode. Its key pressure in this cycle should be the two important points of 62000 and support 57500. No matter which side breaks through effectively, the probability of going unilateral next is relatively high. I hope it will not happen, because if that happens, it may be difficult to give the opportunity to retrace the bullish trend. It is directly strong. Chasing requires sufficient order volume, and it is inevitable to worry about the sudden appearance of profit-taking orders, and chasing at the top of the mountain. Therefore, this kind of market must be accompanied by a stop loss, unlike the slow trend of the white market, which is safe~
BTC/1h chart

Bitcoin 1h level, from the comprehensive attached chart indicators, the long and short sides are facing difficulties and the two sides are in a stalemate. This situation will repeatedly maintain this sideways trend, or run in a convergent triangle, with support in the range of 57500 and resistance of 62000~64000. If it is touched, you can carry out high-altitude and low-multiple thinking.

Strategy 1: It is recommended to batch/light position/short at 62000~61500, stop loss at 62400, and the target is around 59000~58500

Strategy 2: It is recommended to batch/long at 58500~58000, stop loss at 57500, and the target is 61500~62000. Breaking the position is in the range of 63500

August 14th empty cut: Can CPI data break through? Where should Bitcoin go in the future?
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BTC/Daily Chart

At the daily level of Bitcoin, it stabilized the 10-day moving average and closed with a positive line yesterday. The price was above the previous low of 57,500. In the short term, it shows that it is a strong correction under the bullish trend. It is still easy to break through the 62,000 resistance in a short time. The biggest feature of this strong correction is that it constantly relies on the short-term moving average 5-day or 10-day ladder to force short-term fluctuations and finally usher in an accelerated unilateral pull-up. At present, today's 5-day moving average supports the 60,500 line. At this position, it is sufficient to continue to follow the trend and be bullish. The upper resistance short-term support 62,000 is expected to be unsustainable, and the resistance continues to move up to the 63,500~64,000 area of ​​fluctuations.
BTC/4h chart

Bitcoin 4h level, combined with tonight's CPI data, the high probability of volatility will not continue to ferment. Generally, this data may be maintained within half an hour after it comes out, and will continue to return to the technical side later. Then this rule can easily become a false illusion of deception. Once it enters a strong correction, the daily operation rule is generally that it continues to rise overnight and continues to rise the next morning. For tonight, just wait for stabilization to go up. From the chart, it can be seen that continuing to rely on the 10-day moving average of 58,500 has a certain lower rail support and is also the last defensive position. It is the first bullish point to test. The short-term resistance is 62,000, followed by the range of 63,500~64,000. Once it returns to the middle rail, it is easy to rise strongly.

Strategy 1: It is recommended to go long in batches at 60000~59500, defend at 58500, and target around 63500~64000

Strategy 2: It is recommended to go short in batches at 63500~64000, stop loss at 64500, and target around 62500~62000

The above is personal advice for reference only. Investment is risky and trading should be cautious
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5.13 Empty Cut: Bitcoin's Latest Analysis and Suggestions Today

BTC/Daily Chart

On the daily level of Bitcoin, it gradually rose last week relying on the short-term 5-day moving average or 10-day moving average, and made a strong correction. It was originally thought to be good, thinking that it might cycle the trend in early March and directly rely on 59,500 to go unilaterally upward, but the performance in the past few days seems to have entered a trend of oscillating decline, but this trend is usually more common, and it is usually easy to lead retail investors to suspect that it is bearish, and continue to delay the upward trend. As long as the current 57,000 is not lost, it is still in the strong correction range. No matter how long it takes, it will eventually choose to break up.
BTC/4h chart

Bitcoin 4h level, this morning there was a wave of continuous slow decline, repeated shocks and consolidation, through a long period of brewing, to digest the downward momentum of MACD, at this time the fast line has crossed the zero axis, the fast and slow lines as a whole step below the zero axis, it is time to start brewing upward momentum, however, according to the deduction of the stop loss area below, it is concluded that the 58400 line is at the intersection of the upward channel support, if this point is lost, the price will continue to expand the range, that is, the 57000 area support, tonight we need to pay attention to this position after stabilization and then a late bottoming and pulling up.

Strategy 1: It is recommended to lightly position/go long at 58000~57500, stop loss at 57000, target at 59500~60500, break can hold $BTC $ETH $SOL

August 11th: Bitcoin's comprehensive trend analysis next week, operation strategy layout, online unwinding

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BTC/Daily Chart

Bitcoin daily level, first: After the price bottomed out at 59,500 on Friday, it just reached the strategic buying point in the article on Friday. Yesterday, it closed with a cross star. The long and short positions are facing a stalemate, which means that last week's weak correction has turned into a strong correction. From the perspective of the strong correction, after the strong correction is over, it is expected that the trend will return to the upward trend on Monday. It's just that he came a little unexpectedly. The trend is larger than expected all of a sudden, and it seems that he wants to make a strong correction in one step. Second: Judging from the current trend, if it ends with a morning star today, it will probably not step back to Friday's low of 59,500. If the market shows a K-line divergence, the best entry point is expected to be around 60,500. After all, today is the weekend, and the possibility of a large market is very small.
BTC/4h chart

Bitcoin 4h level, temporarily in the short term in the 59500 ~ 61700 range of oscillation consolidation, combined with the daily line if there is a divergence, start to decline, need to pay attention to the position near 60500, it is not only in the split support, but also the previous rise, it is very likely to be the lowest buying point from today to next Monday, support 60200, resistance 62500

Strategy 1: It is recommended to 60500 ~ 60000 batches / long, stop loss 59500, the target is 61500 ~ 62500 break can be held / duration until tomorrow

August 9th short cut: Try to avoid short positions in Bitcoin, Ethereum is still bullish

$BTC $ETH BTC/Daily Chart

On the daily chart of Bitcoin, the price of the currency fell sharply on Monday, and the pin was completed and stayed low, ending the weak decline. After such a sharp drop, it ushered in a big rise. Anyone who is used to short-term trading will inevitably suffer from the fate of washing the market. When waiting for the unilateral trend to come, they will be caught off guard and instantly return to the original shape, or even suffer a major loss. However, those who follow the trend can easily grasp the unilateral trend and instantly expand their profits.

Yesterday, Thursday, a big positive candlestick was closed, which strongly broke through the 10-day moving average middle rail resistance of 61,000, and the highest price reached around 62,700. Today, it did not continue yesterday's strong rise, but reflected a strong correction. This is a common technical pattern. Generally, after the big positive candlestick is pulled up, it will continue the next day, at least there will not be a sharp decline. This is easy to fall into a range of shocks. Therefore, considering the reverse hand stabilization and bullishness, there is another way to go. There is a divergence in the evening and a direct unilateral rise, and it effectively breaks through yesterday's high of 62,700. The subsequent key resistance is referenced to the 65,500 area. At present, the main trend remains bullish.

BTC/4h chart

At the 4h level of Bitcoin, yesterday's rebound relied on the middle rail resistance to oscillate and decline. However, the attached indicator has a downward intention, and it will oscillate downward but there will be no continuous decline. It is predicted that it will run around the 59,500~61,700 range, supporting 59,500, and around 59,500 is a more suitable bullish point.

Strategy 1: It is recommended to short in batches at 59500~59000, stop loss at 58500, and target around 61500

The above is personal advice for reference only. Investment is risky and trading should be cautious

August 8th: Bitcoin market analysis and operation suggestions for today

$BTC $ETH BTC/Daily Chart

At the daily level of Bitcoin, the price closed negative yesterday. It was originally running below the 5-day moving average, and it fluctuated and rose slowly all the way, increasing the momentum of further weak correction in the future market. At present, the price is still moving towards the 10-day moving average. The bullish sentiment does not seem to have subsided, but it is still suppressed by the counter-pressure of the middle track of the previous decline acceleration channel. Yesterday, Mr. Zhang explained in the article that the 61,000 area may be the last key resistance and the only weak bearish point. Therefore, today, the 10-day moving average near 60,000 is the first line of pressure, and the bearish adjustment is mainly.
BTC/4h chart

Bitcoin 4h level, the current K-line is moving towards yesterday's short-term resistance of 58,000. If this area is lost, it is very likely to further approach the resistance of 60,000, thereby increasing the upward momentum. Therefore, it is more appropriate to be bearish below 60,000, and 61,000 is the last defense point.
Yesterday, the price bottomed out at around 54,300 for the second time. As explained in yesterday's article, one of the 54,000-55,000 area is likely to become a short-term turning point. Teacher Zhang also verified this fact again. Therefore, today we will continue to focus on the 54,000 support. Above 54,000, we can continue to try to be bullish for the second time.

Strategy 1: It is recommended to lightly position/short at 58500~59000, cover at 60000, stop loss at 61000, and target around 56500~56000

Strategy 2: It is recommended to lightly position/long at 56000~56500, cover at 55500, stop loss at 55000, and target around 59000~60000

The above is personal advice for reference only. Investment is risky and trading should be cautious

August 7th empty cut: Where will Bitcoin go in the future? Today's latest analysis

BTC/Daily chart
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Bitcoin's daily chart level, this Monday once again staged a bungee jump market, and at the end of July, it broke through the 70,000 mark. In just a few days, it plummeted by more than 20,000 points. Such an unpredictable market has left investors at a loss. Who is kidding the currency circle after a sharp decline after a high rise? Combined with the continuous negative K-line last week, the price has been under pressure. The short-term moving average has been falling all the way, and the lowest has reached 69,000. The wave of bottoming out has continued to rise. In this trend combined with the attached chart indicators, I think this rise is insufficient in power and will continue to be suppressed in the future. The short-term resistance is below the 5-day moving average at 57,000. Whether it can break through, it will have to wait until the closing to be clear. If it continues to fall back and is still below the moving average, then it will still maintain a weak correction. Today, it will continue to be bearish and downward. On the contrary, if it closes above the 5-day moving average, then it will change its thinking in the short term and go for a bullish rebound on dips to test the middle track 61,000 and the channel counter-pressure point.
BTC/4h chart

Bitcoin 4h level, as can be clearly seen from the above figure, the price has risen after bottoming out at 49,000. Although the bearish sentiment has eased, for now, there is still a fierce battle between long and short positions. The current 1. Resistance 57,000 suppression has been broken. Note 2. The resistance line of 61000 is more important. It can be said to be the turning point of the weak correction and the opening of the last wave of suppression. Today, we need to pay attention to the area of ​​55000~54000 below, because one of them is likely to become a short-term turning point, and it will eventually return to the long-term unilateral pull-up.
BTC/1h chart

Bitcoin 1h level, the current price is running around 56500, and the upper short-term resistance is around 60000. You can try to be bearish below it. In addition, if 60000 cannot be maintained, there may be another wave of highs and falls. At that time, pay attention to the gains and losses of the important resistance of 61000. There is a buying point in the range of 55000~54000 below. At this time, what needs to be tested is patience and control of the entry point

Strategy 1: It is recommended to lightly position/short at 58500~59000, cover short at 59500, stop loss at 60000, and the target is around 55000~54000

The above is a personal suggestion for reference only. Investment is risky and trading should be cautious

August 2 empty cut: Bitcoin non-agricultural data will come tonight, can one order determine the outcome?

$BTC $ETH $BNB BTC/Daily Chart

Bitcoin daily level, yesterday was under pressure at 66800, and the price plunged sharply near midnight, and then rebounded quickly after a short adjustment, forming a bottom hammer line. At the end of the second half of the night, there was news of a failed negotiation, and the risk aversion sentiment was instantly ignited, rising directly and forming a low divergence. According to common sense, I think it will continue to fluctuate back and forth in the future, and it also reminds us to be careful to go out of the range and the large volatility.

The current K-line pattern is basically the same as yesterday, under pressure at the 65,600 line. However, one thing to note is that yesterday it bottomed out and rebounded to close with a positive sign, and now it closes with a negative sign, so it is understandable if it closes with a negative sign today, but even if it closes with a positive sign, the resistance between the upper and middle rails is 66,800, and it will continue to maintain a weak correction under the bearish trend. Only if it breaks through and stabilizes at 66,800, it may turn into a strong or weak correction or continue to rise unilaterally, but I personally think that the probability of this is relatively small.

BTC/4h chart

Bitcoin 4h level, as can be clearly seen from the above chart, today's pressure is around 65600, and the low point remains in the range of 62300~65600, so it can still continue to be bearish, and the key pressure is 66800. Only if this position is effectively lost, the market can strengthen in the future and return to the 70000 mark. If the non-agricultural data unexpectedly breaks through the 65600 resistance tonight, the derived pressure point is 66800. This position can still be bearish at a high level, so tonight's trend is very clear. You can try to short the rebound from 65500 to 66800.

Strategy 1: It is recommended to lightly position/short at 65500~66000, cover at 66500, stop loss at 67000, and target around 64000~63000

The above is a personal suggestion for reference only. Investment is risky and trading should be cautious

August 1st: Bitcoin monthly line closes, beware of highs and falls! Latest trend analysis and operation suggestions

$BTC $ETH $BNB BTC/Daily chart

Originally, this article was planned to be published later. Since 64500 just reached the short-term bullish point in yesterday's analysis, in order to give fans a better reference experience and avoid placing orders without a clue, this is why I continue to insist.

Bitcoin daily level: Yesterday, the K-line continued to close negative, and the price rebounded to around 66,800 and fell under pressure. The current lowest level is around 64,500. Combined with the 15M level, it can be clearly seen that the price needs to be corrected in the short term. As explained in the article yesterday, there are many lows near 64,000, and small-level increases are expected. However, as the bears continue to suppress, the resistance level also moves down. Today, the upper resistance is around 67,000. It is conservative to continue around 67,000 and continue to be bearish. The lower support of 63,300 is the last line of defense. Once it breaks, it will accelerate the decline. Therefore, it is not in a hurry to judge that it has reached a low. If there is a correction, it may be similar to the trend at the end of May. Treat it as a correction of the truth of the high-level box resistance to decline, and exchange time for space.
BTC/4h chart

Bitcoin 4h level: It can be clearly seen from the chart that yesterday's range oscillated between 66500 and 65500, fluctuating up and down by 1,000 points, which is also the chip gathering area. After a short adjustment, the upward momentum was insufficient and the pressure was accelerated to fall around 66800. It can be used as a reference for today's resistance. Currently, it is running at 64500. The attached chart indicator basically consumes the short position. Various signs indicate that the currency price may have a short-term rise and adjustment. In addition, the key support is around 63500. It is also a bullish point when it is touched. The resistance is 67000.

Strategy 1: Short-term 64500~64000 batches/light position long, stop loss 63500, target around 655000

Strategy 2: It is recommended to short 65500~66000 batches/light position, 66500 to cover the position, stop loss 67000, target 64000~63300 to hold after breaking

The above is personal advice, for reference only, investment is risky, trading should be cautious

Posting is delayed, the market changes rapidly·The points mentioned in the article are not based on copying·To learn more about the market and solve the order∫The real-time strategy of empty cutting shall prevail