20240814 market interpretation
1:#BTCThis wave of Bitcoin started to fall back from the high point of 62700, and the lowest point was around 57600, falling back to nearly 5000 points, with a fallback of -8%, and then rebounded from 57600 to the high point of 61700. It has now fallen back to around 60900
I told everyone to buy more at 59000 before, and I also told everyone to run at 61000 last night. If you are holding spot, you can continue to hold it, and those who do swing trading can operate according to the points I said
The market is still in an upward trend, but it will fall back to the grinding plate and then go up
For short-term operations, pay attention to the 60000 position. You can continue to buy more after falling back, stop loss at 58500, and stop profit above 62000
2:#ETHEthereum is basically linked to the trend of Bitcoin, but it is a little stronger than Bitcoin in the past two days. The position is basically linked to Bitcoin. If you want to operate Ethereum, you can link it to Bitcoin to open an order. Before the spot, I told everyone to continue holding at 2200.
Short-term operations can wait until it falls back to 2650 before taking it, stop loss at 2600, and take profit above 2800
3: CPI will be announced at 20:30 in the evening, so you can pay special attention to it
