The weekend market fluctuated upward. There is no narrative in the current market. There is no volume in the market. In addition, there are still many internal hidden dangers that have not been resolved. It is impossible for Bitcoin to rush very high. It is normal to have such an oversold rebound. The market on Saturday, Sunday and Friday is in the state of daily pin-pointing. When it reached the bottom in the early stage, it is clear that there is no problem with over-positioning, but heavy positions are not recommended. It is normal for the market to rebound. This wave will be over in August. In September or the end of August, we will see whether we can see ETH starting with 1. Bitcoin is still relatively hard now. Bitcoin may reach our key entry layout target position first. The current price of BTC is still at a very high position. Of course, it is not appropriate to publicly predict what price to enter the market layout. It is not easy to short the point. Just don't buy the spot. The overall is a personal objective point of view. BTC may explore the low point again this week. Pay attention to the support of 54000-56000 and 52000. If it breaks 52000, it may fall below 48000. Pay attention to 58000 in the short term. If it falls below, look at the support of 56000-56600, and the resistance is about 59200. Strategically, it is recommended to wait for a callback opportunity.
ETH rose slightly to 2700+ last week and then fell back. The market is still weak, and the sharp drop on August 5 has not been repaired.
Key support this week: 2360, 2200 (if it falls below, it may reach 1800-1900, and may reach the thousand yuan range)
Short-term support: 2500, 2420; intraday resistance: 2600-2630
The market is weak, choose to exit if there is profit, don't have a pattern, don't fight, don't wait for the arrival of the bull market, let's not talk about whether there is a big bull market. This wave falls to the right place first, how to layout and how to make money, the key is whether you can layout to the low point, not when the market rises, everyone will say that buying is making money , those who buy are masters, that is stupid behavior, wait for the bottom to rebound, and chase it, if it rises in one or two days, it is profitable, will you run? Then you will be trapped if it falls slightly, because you are not buying at the bottom. If you are laying out at the bottom, then after it goes up, no matter how it pulls back, it will not reach your cost. It is very simple to catch the bottom, and some rebounds are not necessary.
Many friends think it is difficult to judge the bull and bear cycles, but I have studied trading methods for 4 years and found that it is not difficult. Welcome to chat with me #BTC走势分析 #美联储何时降息？ #TON $WIF $NOT
