2024.8.25 Market View Bitcoin's pullback is over? How to play spot contracts!

24-hour long-short ratio: 49.35%/50.65%

Fear and Greed Index: 48/Neutral

#大额解锁 : YGG worth $6.06 million unlocked, accounting for 1.4% of the total supply

#链上异动 : 657 mkr inflows

             Dydx inflows 1.035 million

4-hour market strong coin: FET

Review: In the previous article, it was mentioned that the right-side long trading opportunities of BTC and ETH were 62700---61800, 2694---2675. At that time, the price was 65000 and 2800. Now it seems that both entry points have been given. As of the time of posting, the lowest price of BTC is 62650 and the lowest price of ETH is 2665.

#BTC行情分析 : BTC reached a high of around 65,000 after breaking through the highest point of 62,745 on August 9. It is currently a pullback after the breakthrough, and it is not possible to determine whether the support has been established. At this time, the best trading mode is left-side trading. The critical point for chasing long positions on the left is 63,550. The trading logic is to take more at 62,800, and continue to increase positions after breaking through 63,500. If there is no long position below, it is to open a position after the breakthrough. At present, the focus is on the carrying capacity of 62,650, that is, the support. There is a situation where it falls sharply and then rebounds quickly. If this happens, you can directly enter the market with a medium position after the rebound. The pin position of the rapid decline is the stop loss position. In terms of technology, the daily line rises by two stars, and the wave-like breakout The high point is raised, and the daily line continues to stand above the medium- and long-term moving average ma60. The medium-term bullish trend remains unchanged. Don't short. Open long positions at low points. The low point is a small level that does not break a new low, or step back on ma60. 30.10 can be opened in batches. The key is to do spot or contract or currency. It is not easy to generalize. Welcome everyone to communicate in the community. ETH market analysis: text is limited, eth right side chasing long 2732#币林寺扫地僧 #币林寺解套