2024.8.20 Bitcoin reached the expected stop profit of 61200, how to arrange next?

#24小时多空比 : 49.42%/50.58

#恐惧贪婪指数 :  30/fear

#大额解锁 : AVAX worth $200 million unlocked, accounting for 1.325% of the total supply

 #链上异动 : matic inflow 6 million pieces      worth $2.64 million

Ftm inflow  3.4916 million pieces worth $1.3886 million

PEPE inflow  154 billion pieces worth $1.21 million

AAVE outflow  13,700 pieces  Value $1.7348 million

4-hour strong currencies: AAVE, BNX, EDU, REN, AUCTION, NMR, MATIC, ALGO

BTC four-hour level:

Yesterday's article and the day before yesterday's article both mentioned that if 59820 breaks, you can chase more, and stop profit at 61200. The current highest is 61400. So how to plan the next market? Can you continue to chase more? For continuing to chase more, the first thing to consider is how much space there is above, that is, the pressure resistance area above, where is the locked-in plate above, so as to judge whether the stop-profit and stop-loss ratio is appropriate, and what is the first resistance area above? 61780, this price is the highest point of the 4-hour level on August 11 and August 14, and it is also the 4-hour ma256 daily line ma30 area, so there will be selling pressure resistance formed by locked-in disk near this price. If you are doing short-term and medium-term contracts, you can continue to chase more after the breakthrough. If you are stable, you can continue to build long positions on the left side at 60200--59400. The stop profit on the left side can be set at the cost price after the stop profit reduction at 61800, and continue to hold around 63000.

ETH: Four-hour level: Yesterday's article said that ETH was given 2550 to get on the train directly. Now looking back, the lowest price was 2560, which shows that the support near 2550 that has been repeatedly emphasized is strong, and some major players in the market have reversed in advance. Since the 15th, the price of ETH has been fluctuating between 2660-2550, which is similar to a box. We know that this oscillating trend will end sooner or later and move to a unilateral market. It is currently suppressed by the 4-hour MA120, but the small-cycle moving average has slowly converged and diverged. We can find the critical point at a small level (15 minutes) to arrange long orders. The reference range is: 2644--2620 to build positions on the left side in batches. If the floating profit exceeds 2694, you can take 2810. (When the market moves in a favorable direction, don't let the profitable positions lose money. The best way is to set a moving stop profit)

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