【2024-8-11 BTC Trend Analysis】

Good evening, everyone. I went out to play on the weekend. I just got home. I will briefly tell you about the current situation of Bitcoin. At present, Bitcoin is still fluctuating back and forth in this oscillating area. This wave of fluctuations has lasted for 2 days. It is expected to take about 1-3 days. If this wave of fluctuations ends, there will be a large market trend. As for whether this large market trend is short or long, it is not clear at present, but from my perspective on the market, I personally think that the probability of shorting may be a little higher. If it is short, this short wave may fall to 54737.1. As for how to go, we can see. If Bitcoin has a bottoming action, it may go up. There are both long and short thinking.

(Warm reminder: If you don’t understand the market, try not to do altcoins)

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