Director's 1179th original daily market analysis
2023 .8 .26
1. Market sentiment:
2. Chart structure:
1、#BTC
#BTC 1H structure:
Currently, the 1H structure of Bitcoin is still oscillating within the center of 1H. It has no direction for the time being and we need to wait patiently for the market to choose a direction.
In the short term, if it goes down again, it will be a good opportunity to get on board. I personally think that the downward space will not be too large, just around 2.5W. But there is a high probability that a divergence trend will be formed.
#BTC 15F structure:
As for the current 15F structure of Bitcoin, as shown in the figure, the green pen’s trend completed the yellow pen’s abBc trend and ended a 1H decline. It is currently experiencing a 1H rebound, but the center has constructed a 15F center.
At this stage, it is still oscillating before the 15F center to see if it can break through the 15F center. The current upper edge is around 26200.
2、#ETH：
#ETH 1H structure:
The overall structure of Yitai is still near the center of this 1H. The overall trend is still relatively weak. It does not show the same trend as Pie. It means that funds are not very fond of Yitai. The main funds are concentrated on Pie. The current market is still dominated by staying calm. Be more patient and less impetuous.
4. Warm Tips
Investing is risky, invest with spare money, remember never to fully invest, no loans are accepted. We only provide information, which does not constitute buying or selling advice. Buying and selling are free, and risks are borne by yourself.
