2024.8.23 9:11 AM BTC Market Analysis
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With the recent explosion of the Black Myth Wukong, just like the reincarnation of Nezha the Devil Boy in previous years, it represents a spirit, my fate is determined by me, and the Monkey King represents the fight against injustice in the world, using our golden hoop to smash the ninety-nine eighty-one difficulties that belong to us! Nothing is difficult in the world, only those who are determined can do it!
I think this sentence is very suitable for the frustrated old irons, nothing is difficult in the world, only those who are determined can do it, blindly discouraged and complaining can not change anything, only learning and changing can grow and gain; this is also the concept that Brother Sao has been instilling!
BTC did form an evening low around 23:30 last night, and ETH/BTC hit the point area mentioned in the live broadcast last night. Those who got on the bus can make money, and those who didn’t get on the bus continue to wait for intraday opportunities!
BTC attention
Support 59800/59000/58500
Pressure tentatively set at 61850
It will consolidate for another week soon, and 61850 has never been exceeded. The bears are eager to try in this area. Is it time to break through? The turning point 19-21 emphasized by Saoge in the past ten days has passed. At present, the cottage generally has not returned to the low point of the previous few days. BTC has stood at the 60,000 integer mark for two consecutive days! These phenomena will form a strong FOMO mentality for retail investors who have not yet boarded the train!
Operation suggestion: The fixed investment remains unchanged, and the spot that has been absorbed at a low price can be taken on the 26th/27th! In the short-term, continue to seize 1-2 opportunities during the day or evening retracement!