8.23 Morning Market View, a pullback is bound to happen!!
There was no disturbance in the data last night. The bulls and bears in the market were grinding, and the continuous sideways trading did not see a major breakthrough in the volatility.
Recently, BTC and ETH have continued to fluctuate up and down in the horizontal box. From the perspective of trading volume and volatility, BTC is still slightly stronger than ETH.
As mentioned before, funds are waiting to observe the trend of the US stock market, and the US stock market was indeed consistent with the expectations of Brother Wu last night, with a clear negative line decline. Compared with the US stock market, BTC has a smaller overall volatility, so the reaction will also be delayed. Brother Wu held the short position until the flowers withered🤣
However, the direction remains unchanged. When the decline signal appears outside the market, the subsequent oscillation trend will gradually tend to pullback, and it will still take some time to wait♥️
Friends, please pay attention and like, and share the logic of each order and the approximate operation strategy in the square🤓
