8.10 Saturday, Bitcoin morning market insights

Fast forward to the weekend again. After yesterday's strong stretch, the market started to push back. Then after a round of shocks, the market rose again. It is now consolidating in the 60800 area. During yesterday's step participation, the market was also washed back and forth by the long and short market. Affected by Panzhong, the bullish idea in Panzhong was swept away by 2 orders. At present, the market has rebounded again. In the early morning, bullish ideas were also given in the thinking, and the market as a whole also made a certain upward movement. The rhythm was slow on the weekend, and the market did not fall back too much, so the operation continues to maintain the low and long thinking unchanged.

In terms of the daily structure, the market has stepped back and repaired after the Dayang stretch. The short-term increase is still greater than the decline, so this kind of step back can only be regarded as a correction trend of the market. The current 4-hour trend has risen and is under pressure. Step down, the market has formed a negative trend in the short term, and the drop is relatively small, but there is still a certain continuity, so pay attention to the market's step back action in the short term, and go long after the downward trend stops.

On Saturday morning, it is recommended to go long between 60500-60000, with the target focusing on the 61500-62000 line.

On Saturday morning, it is recommended to go long in Ether 22570-2550, with the target focusing on the 2650-2700 line.

Investment is a journey of self-transcendence, an exploration of the unknown, and the control of risks. In this process, we will be confused and make mistakes, but it is these experiences that make us stronger and wiser

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