Analysis of the market on August 12
The big one is coming!!!
The tense situation in the Middle East has led to the early withdrawal of large funds
If the war does not end, the currency circle will continue to fluctuate.
The "second exploration" at the four-hour level is finally underway
The strong support near 58,000 yuan for the big cake may not be maintained
Observe whether SOL 128 on the daily line constitutes support to complete the second exploration
Now the question is: the second exploration that has been shouted for a week is coming, do you dare to buy it?
If you buy it, you may become a warrior
If you don't buy it, you may miss it
The weekly line does not see any right-side opportunities, which means it is still in the downward pin-insertion stage.
You can give up shorting, but is it too early to go long at this time?
BTC
Mentougou may move in the next 1-2
If the strong support of 58,000 is broken, look at 55,000 in batches
SOL
SOL has continued to fall since 17:00 yesterday afternoon, with a drop of 11% 158-141.
It is highly likely that institutions are shipping, and retail investors do not ship in this way.
Technically, the market is oversold in 1 hour, and there is no sign of bottoming in 4 hours.
Focus this week
At 20:30 on Tuesday, the US July PPI will be released. Higher than expected is bearish, and lower than expected is bullish.
At 20:30 on Wednesday, the US July CPI will be released. Higher than expected is bearish, and lower than expected is bullish.
Musk claimed that he was free to speak during this live broadcast, which is good for BTC and doge
