BTC market analysis at 8:53am on August 20, 2024
Last night, this wave of pull-ups wiped out 800 million CNY, 37,364 people went bankrupt, and the long and short double explosions continued; before 19:00 last night, the dynamic reminder of the bullish signal appeared, and you can go long at 58,000, leaving a bottom position to protect the principal loss without setting a stop-profit game. If you left a bottom position last night, then at this moment, the bottom position will definitely take 2,500 dollars!
BTC attention
Support 58,400/57,000
Pressure temporarily refers to whether 61,850 has been broken or not
At this moment, the key point is around 59,000 below, and the top is still at 61,850. This wave of charge volume and price is strong, and at the same time, the 1h/2h/4h level is pulled into the bullish trend again. Don’t chase high, continue to wait for a breakthrough and step back to 61,850, or wait for the strength of the step back in the evening to find an opportunity to intervene!
Operation: Fixed investment will continue to be implemented. The bottom positions of several tokens that have been bought at low prices can be taken around the 27th. Short-term ones can continue to be traded quickly in and out!
