Operation suggestions for the morning of August 9 (Friday):
Market review:
Bitcoin rose from about 57,000 to above 59,000 at midnight, and stabilized in the range of 59,000-59,600, then broke through to around 62,700, and is currently fluctuating around 61,400.
Real trading:
Short-term operations were not involved in the evening, but the medium and long-term positions performed steadily and continued to make profits.
Market analysis:
Yesterday's fluctuations showed that the liquidation operation has been basically completed, and both the first-line and second-line liquidations have ended, as has Ethereum. At present, the bullish sentiment is strong, and the liquidation thickness is concentrated around 58,300-59,000. The support level below is 60,000. The weekly K-line has changed from a negative column to a positive column, and there is pressure around the middle track of 64,000.
Morning operation suggestions:
If Bitcoin retreats to around 61000-60800, you can consider long orders, with the target looking at the 62000-62200 range.
If Ethereum retreats to around 2640-2660, you can consider long orders, with the target looking at the 2700-2720 range. After breaking through, you can continue to look at around 2750.
