BTC Daily Report on August 13: Volume surges, gates appear frequently, has the battle become normalized? (with opportunities)
The daily line closed with a propeller. At this position, whether it is a negative line or a positive line, it is actually not very important. It just expresses a full day of shocks. The volume shows a surge, indicating that the long and short bites are still very fierce, and the market outlook still maintains the view of shocks.
The long and short disputes in the medium-term trend are more obvious, and the volume is particularly enlarged when fighting for the 60,000 integer mark, showing that the bears are very concerned about the 60,000 integer mark. Whether the competition for the 60,000 integer mark will continue in the future is worth our attention. But like the long-term trend, the probability of continued shocks in the medium term is still high.
The short-term market almost completely confirms the view that we mentioned yesterday that gates will become more frequent, but it does not mean that the gate market is over, but it may become normalized in the future. Faced with this trend of drawing a gate from time to time, the long and short double explosions will be a market that we may have to get used to in the future, and we must remain vigilant.
If you want to find opportunities, we can see the ETH market. Yesterday's ETH suddenly became stronger. This is not without basis. This is because there is a gap that ETH needs to fill urgently, in the 2800-2900 area. Why is it so big? To prevent pins.
Strategy: ETH: gap low more, you can shoot three shots, enter the market at the current price of 2652, fill at 2640, fill at 2630, and defend at 2560. The long-term target can be seen near 2800, and the short-term target can be seen.
#BTC☀