Market analysis - #BTC 1. The bottom of the big positive line on August 8 has been broken, and it has officially entered the daily level decline cycle. Don't have illusions about the bulls. There is a chance above 59470. The next step is to test this year's accelerated starting point support around 50600, which means that the accelerated decline of the daily line has not yet arrived. (Stomach: mallqy2657761) 2. The accelerated negative line at 8 pm yesterday announced the start of the accelerated decline cycle within the day, but the weekend is expected to have less volatility and will fall sideways. The pressure range is between 54725-55000. When the price reaches this area, it can be switched to 1/2 cycle for short-term operations. You can wait for the notification in the group for details.
Morning Market View -#BTC$BTC 1. The 4-hour level and above are all short positions, and the downward trend remains unchanged in the big cycle, so don't have any illusions; strictly speaking, the real panic decline has not yet arrived, and the recent period can only be regarded as accumulating short-term fuel 2. The 1-hour line briefly broke through the downward trend line since yesterday, but from the perspective of trading rules, even if it breaks through the short position, do not go long, and strictly enforce discipline 3. The pressure level is shown in the figure. As long as yesterday's high of 57,200 is not broken, the short position will still be dominant.
Market analysis - #BTC 1.4-hour level successfully stepped back to the downward trend line since August 26 and closed with a large positive, and encountered EMA30 resistance at 12 o'clock in the morning, but only closed with a cross star and the trading volume did not increase, the supply did not increase, and the market showed signs of warming up 2.30-minute level large positive broke through the downward short-term trend line and stood firmly on MA120. It is currently a converging triangle pattern. It is easy to make a false breakthrough here, so be careful not to chase. (Stomach: mallqy2657761) Overall, I personally think that it is just a rebound from a large support, and there is no condition for forming an upward trend. However, in order to prevent the pin from washing the market, it is recommended to wait for the 4-hour level and above to form a head signal before entering the short position.
Morning analysis - #BTC 1. The early morning trend has already reminded us last night that it has fallen below the first target of 57,000, so the entire August support has been broken by a large volume. 2. Expanding the cycle to two months, we can see that 54,400 is the second support, but this support has a short consolidation time and is likely to be untenable 3. At present, it is only a 30-minute panic sell-off, which is far from the daily level stampede panic escape I mentioned, so don't buy at the bottom
Market analysis - #BTC Don't read too much nonsense such as: the last chance to escape! The big one is coming. The market analysis this morning has already indicated the direction of today. Don't go up and then go back to bullish 1. From the 4-hour level, 5.7W is almost certain. The next test will be the bottom support of the big positive line on August 8 2. As I said in yesterday's analysis, there is no opportunity to buy at the bottom before there is panic selling at least above the 4-hour level!
Market analysis -#BTC$BTC 1. In line with yesterday's judgment, it has fallen back to the key support since August 8. It is normal to have a certain rebound. The previous continuous decline also proves the lack of liquidity. A rebound will lead to a larger decline 2. I do not think there is a medium- and long-term long-term opportunity. If the rebound is to continue, the current 4-hour level short position arrangement + volume must be changed. Currently, no situation meets the requirements 3. It is still recommended to arrange long orders in the middle line after the right side stabilizes. Small positions can be used to adopt a shock-based approach at a small level. At the same time, the position can be temporarily reduced in the near future to avoid the pin in the divergence stage
Today's analysis -#BTC$BTC 1. The 30-minute level chart rebounded to around 58780 in the morning and then accelerated its decline. The structural observation is just the mutual rotation of support and pressure, which verifies the effectiveness of pressure 2. When it came back, it went down in large volume, just reaching the 8.8 major support of the entire August 3. Recently, it has been a blunt knife to cut meat market, but the copycats are in mourning. I personally think that it is far from reaching the bottom. At least it will wait until there is a panic drop at the 4-hour level or above. There will be a small bottom in the short term. The market is currently waiting and watching. Without demand, prices will continue to fall.
Today's analysis -#ETH$eth 1. Structurally, panic selling occurred after the sharp drop on August 2 at the 4-hour level. At the current stage, the volume of falling transactions has not increased significantly, and there is a probability that a shock will occur 2. My personal trading system will not chase the short position here, and would rather miss it, because there is no obvious upward structure being destroyed, and it will be easy to have a pin (stomach: mallqy2657761) 3. The pullback is weak, and the EMAs are all in a short position, so I will not consider going long, waiting for an upward pin or a pullback to around 2518 before entering
Daily Analysis -#BTC$BTC The recent market will make people crazy, with all kinds of false breakthroughs (stomach: mallqy2657761) But from the 4-hour level, at 8 pm the day before yesterday, it fell back to form a short position after being suppressed by the 3EMA confluence point, and the downward trend line was not broken, so the early morning pin pullback was just a natural rebound against the big support of 57662 this month. The short-term short trend has not changed, and the intraday pressure level is still around 59968. At the same time, the rebound trading volume has been greatly reduced, so it is not advisable to buy at the bottom.
Review -#BTC#ETH (1) Yesterday evening's article reminded that there were signs of a break at a small level, which would affect the next level. It has been verified that Ethereum fell below 2700 and showed no signs of stabilization (stomach:mallqy2657761) (2) Bitcoin has no support in the short term and needs to test 61400, which is the starting point. Although Ethereum has reached the same position as Bitcoin in a short period of time, it has no signs of stabilization. Be careful not to continue to test 2625 during the day (3) A copycat alternative pool will be provided in the TG group for rolling reference
Market analysis -#BTC#ETH Currently, the only stable price is the 4-hour level of Bitcoin. Don't chase the shorts for now. Focus on Bitcoin at 62800 in the early morning But Ethereum and the recent strong small-scale altcoins have shown signs of shorts (stomach: mallqy2657761) Don't buy the bottom easily
Market Analysis - #BTC After quickly breaking away from the strong pressure of 61776 since the beginning of August yesterday, the market needs to trade time for space to digest short-term profit chips; the VEGAS channel has also formed an upward trend, and it is expected to fluctuate in the range of 63587-64600 shown in the figure today until it falls back to the push tunnel.
Real-time analysis - #BTC Since hitting a low point on August 16, it has been fluctuating in a narrow range for nearly two weeks But from the 30-minute level, the center of gravity is gradually moving upward And the trading volume has begun to increase moderately. At present, the 3 lines have formed a bullish arrangement again Although there are many gates in the short term, it is undoubtedly the currency version of the story of "The Wolf is Coming" Treat each breakthrough as a real breakthrough to catch the trend
Market analysis - #BTC Touched the 4-hour box top again in the early morning and fell, which is in line with the previous judgment Don't look at the morning door and then pulled up, it is still in the range of fluctuations in essence A safe order is shown in the figure, waiting for the confirmation process after the box breaks through to enter the market, and it also has a good profit and loss ratio Support range: 57400-57700 Pressure range: 61900-62300
Market analysis - #ETH The center of gravity at the 1-hour level has clearly begun to move downward. In addition, the large level is still bearish. The longer the consolidation time here, the faster the demand will fail. Currently, the volume has fallen below yesterday's starting point of 2603. It is expected that the bottom of the large shock box around 2506-2513 will be tested again today and tomorrow. Don't have any more illusions.
Market analysis -#BTChas been mainly in a narrow range this week, which is similar to the trend in December 21. Both hit the high point and then fell below the secondary low point. With the interest rate cut BUFF, history is likely to repeat itself. But in the short term, there is no obvious direction. Don't make predictions when doing market trends, just follow it. Watch a movie if you are bored.
Market analysis - #BTC A double top-like pattern is formed at the 4-hour level But it should be remembered that any top and bottom structure needs to be confirmed on the right side before it can be formed (that is, the neckline breaks through) So I still think that BTC tends to fluctuate in the range of 54357-61347 If a bullish trend is to be formed during the day, the top of the big negative line at 12 o'clock last night must be broken through, that is, 59800 It is expected that there will not be much market during the day, which is consistent with the previous few days Linked to the US stock market in the evening
Market analysis -#BTC$BTC It is expected that the market will still fluctuate within a narrow range during the day. Currently, it is basically linked to the US stock market and is unlikely to develop an independent trend. As shown in the figure, the medium and long-term trend is still running within the big positive line on August 8. The most important thing in trading is to follow, not to predict (stomach: mallqy2657761) Don't look at some analysis that says it will fall to 30,000 and rise to 70,000. That will be meaningless
$BTC #BTC☀ Market analysis The 4-hour level formed an LPS point in the morning (for what LPS is, please refer to the Wyckoff video series on the YouTube channel of the same name), so the notice to go long is basically a chance to send money The short-term rising channel of the day has not been broken yet, don’t be too anxious to arrange short orders, the pressure range is still around 63,000, this position is relatively safe The long position is 60450 when it falls back