Weekly review and outlook for the market on Saturday, August 10
August has entered the middle of the month, and time has flown by without a pause. It seems that the days have passed quietly in the blink of an eye. This week, the overall trend of Bitcoin has been rising. Since the bottom of 49,000 on Monday, the market has been rising all the way, and the highest point has stopped at around 62,700. The overall trend shows an upward trend, with a total of 13,700 points of upward space, which is relatively large. Although there were some mistakes in the participation this week, it did not affect our overall closing.
This week’s participation is as follows:
A total of 8767 iodine and ether 348 iodine were received from the four orders on Monday.
The three orders of pancakes on Tuesday received a total of 1316 iodine, and the bamboo shoots received 604 iodine.
On Tuesday, the three Ether orders received a total of 57 iodine, and the bamboo shoots received 24 iodine.
The two orders of big cakes on Wednesday received a total of 1355 iodine and ether 100 iodine.
A total of 4878 iodine and ether 164 iodine were obtained from the five orders on Thursday.
A total of 1,301 iodine and 1,888 bamboo shoot points were obtained from the four orders of flatbread on Friday.
On Friday, I received a total of 65 iodine in two orders.
This week, Big Pie participated in a total of 18 orders and received 16,317 iodine. Bamboo shoots applied 2492 iodine, Ether participated in 15 orders in total, and got 734 points, Bamboo shoots applied 24 iodine.
This week has not been smooth sailing. Although the overall rhythm of the market is an upward structure, it is also in a wide range of tug-of-war and oscillating upward. The market is so large that the rhythm control is still insufficient, and the overall layout has not met the desired expectations. We will try to avoid mistakes in the subsequent market. But then again, no one is perfect, and everyone makes mistakes!
As for the trend next week, I personally think that the market will continue to rise. Judging from the weekly trend, the overall market is in a seesaw trend of a high box. 73,000 is still a strong pressure from above. Since reaching this area at the beginning of the year, many attempts have failed to break through effectively, and there is support when it falls back to the 53,000 area. So in the short term, it will bottom out and rebound. The K-line closes positively and the lower shadow is long, which means that the bearish sentiment has been released and the bulls quickly regained lost ground. Combined with the daily line, an upward trend will be formed in the short term. The big positive line closed the recent decline. Although there is a short-term retracement, the momentum is weak. The retracement is just a correction action and there is no continuation, so we will continue to be bullish next week.
In my personal opinion, Bitcoin's trend next week can be long around 59,000-58,500, with the target focusing on the 69,000-72,000 area, and Ethereum can follow up synchronously!
In life, we should have lofty ambitions and stand proudly between heaven and earth. With fearless courage, we should travel thousands of mountains and rivers and write our own glorious chapter! The market is unpredictable. If you have friends who are not doing well in operation or are trapped in orders, or if you don’t know enough about technology, you can come and talk to us. There will always be the answers you want.#TON #加密市场反弹 #美联储何时降息？ #BTC走势分析 #美国7月非农就业增长放缓 
