Insights on Bitcoin's morning market on Friday, August 30

Life is like a marathon. It is not about instantaneous bursts, but about persistence along the way. Even if there are thousands of reasons to give up, you must find a reason to persist.

Bitcoin continued to maintain a slow upward rhythm in yesterday's trend. After reaching the 61,200 line at the high point, it was under pressure and stepped back. It fell to the 58,700 line in the early morning. There were writers and helmets in yesterday's participation. The big cake closed at 1325 iodine. The firm bearish thinking in the evening finally went down in the early morning. The short near 61,100 in the middle of the day closed at 1300 iodine. The current price of the currency hovers around 59,300, and the trend is still weak.

Judging from the current daily trend, after the previous high, it stepped back after three consecutive negative lines, and closed positive in the short term, but the positive K entity energy was insufficient. After the rebound, it finally fell back, resulting in a long upper shadow line. This means that the bulls failed to counterattack, and the trend was still restrained by the bears. The 4-hour K line was closed by a big negative line after the positive upward movement. The current market did not give too much rebound action, and according to technical indicators, the bears still have the possibility of continuing to fall. Therefore, the operation continues to maintain the high-altitude thinking.

On Friday morning, it is recommended to short the big cake at 59600-59800, and the target is 58000-57500.

On Friday morning, it is recommended to short Ethereum at 2540-2560, and the target is 2450-2400.

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

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#token2049 #新币挖矿HMSTR #加密市场反弹 #美国大选如何影响加密产业？ #灰度将推出首个美国XRP信托 $BTC $ETH $BNB